-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, O2txnYi1wpTJczQWAQI6mdozv7Zo8gFhE3WOe/qeInqLBrFV7ESkqDfmClEBuuMT lFwGT1PpIvSltZhNooydsQ== 0000898430-02-001652.txt : 20020430 0000898430-02-001652.hdr.sgml : 20020430 ACCESSION NUMBER: 0000898430-02-001652 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020429 GROUP MEMBERS: KCC DELAWARE COMPANY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHECKERS DRIVE IN RESTAURANTS INC /DE CENTRAL INDEX KEY: 0000879554 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 581654960 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-42091 FILM NUMBER: 02625317 BUSINESS ADDRESS: STREET 1: 4300 WEST CYPRESS STREET STREET 2: SUITE 600 CITY: TAMPA STATE: FL ZIP: 33607 BUSINESS PHONE: 8132837000 MAIL ADDRESS: STREET 1: 4300 WEST CYPRESS STREET STREET 2: SUITE 600 CITY: TAMPA STATE: FL ZIP: 33607 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GIANT GROUP LTD CENTRAL INDEX KEY: 0000041296 STANDARD INDUSTRIAL CLASSIFICATION: [9995] IRS NUMBER: 230622690 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 9440 SANTA MONICA BLVD STREET 2: SUITE 407 CITY: BEVERLY HILLS STATE: CA ZIP: 90210 BUSINESS PHONE: 3102735678 MAIL ADDRESS: STREET 1: 9440 SANTA MONICA BLVD STREET 2: SUITE 407 CITY: LOS ANGELES STATE: CA ZIP: 90210 FORMER COMPANY: FORMER CONFORMED NAME: GIANT PORTLAND CEMENT CO DATE OF NAME CHANGE: 19770921 FORMER COMPANY: FORMER CONFORMED NAME: GIANT PORTLAND & MASONRY CEMENT CO DATE OF NAME CHANGE: 19850610 SC 13D/A 1 dsc13da.txt SCHEDULE 13D/A =============================================================================== ----------------------------- OMB APPROVAL OMB Number: 3235-0145 Expires: October 31, 2002 Estimated average burden hours per form ....... 14.90 ----------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 1)* Checkers Drive-In Restaurants ________________________________________________________________________________ (Name of Issuer) Common Stock, Par Value $.001 Per Share ________________________________________________________________________________ (Title of Class of Securities) 751203-10-0 _______________________________________________________________ (CUSIP Number) Pasquale A. Ambrogio 9440 Santa Monica Boulevard Suite 407 Beverly Hills, California 90210 ________________________________________________________________________________ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 23, 2002 _______________________________________________________________ (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of (S)(S)240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [_]. Note: Schedules filed in paper format shall include a signed original and five copes of the schedule, including all exhibits. See(S)240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). =============================================================================== SCHEDULE 13D CUSIP NO. 162809-10-7 - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only). GIANT GROUP, LTD IRS # 23-0622 690 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS (See Instructions) 4 WC - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 DELAWARE - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 274,067* NUMBER OF SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 -0- OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 274,067* REPORTING PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 274,067* - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 (See Instructions) - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 2.3%** - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 14 Co - ------------------------------------------------------------------------------ - ------------------------------------------------------------------------------ * Excludes shares owned by KCC Delaware Company, a wholly owned subsidiary. ** Based on total shares of 11,849,399 consisting of: Total shares outstanding on March 25, 2002 reported in the 2002 Proxy Statement 11,176,310 Warrants exercised by KCC Delaware in April 2002 237,416 Options exercised by CKE Restaurants in April 2002 435,673 ---------- 11,849,399 ========== =============================================================================== SCHEDULE 13D CUSIP NO.162809-10-7 ----------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only). KCC Delaware Company I.R.S. # 23-2360456 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS (See Instructions) 4 WC - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 720,632* NUMBER OF SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 -0- OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 720,632* REPORTING PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 -0- - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 720,632* - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 (See Instructions) - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 6.1%** - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 14 Co - ------------------------------------------------------------------------------ - ------------------------------------------------------------------------------ * Excludes shares owned by GIANT GROUP,LTD., the parent company-. ** Based on total shares of 11,849,399 consisting of: Total shares outstanding on March 25, 2002 reported in the 2002 Proxy Statement 11,176,310 Warrants exercised by KCC Delaware in April 2002 237,416 Options exercised by CKE Restaurants in April 2002 435,673 ---------- 11,849,399 ========== This Amendment No. 1 amends the Statement on Schedule 13D filed with the Securities and Exchange Commission on August 29, 2000 and relates to the common stock, par value $0.001 per share (the "Common Stock"), of Checkers Drive-In Restaurants, Inc., a Delaware corporation (the "Company"), and is filed by GIANT GROUP, LTD., a Delaware corporation, (" GIANT") pursuant to rule 13d-2 under the Securities Exchange Act of 1934, as amended. Item 3. Source and Amount of Funds or Other Consideration On April 23, 2002, KCC Delaware Company, a wholly owned subsidiary of GIANT, exercised its warrant, which would have expired on November 22, 2002, to purchase 237,416 shares of the Company's Common stock and paid $712,248 in cash to the Company. The source of funds was the company's working capital. Item 4. Purpose of Transaction KCC Delaware Company intends to sell some shares, from time to time, in open market transactions. Item 5. Interest in Securities of the Issuer On April 23, 2002, after giving effect to the transaction described in Item 4, GIANT beneficially owned 994,699 shares or approximately 8.4% of the outstanding shares of the Company's Common Stock. This percentage is based upon a total of 11,849,399 shares of the Company's Common Stock consisting of 11,176,310 outstanding on March 25, 2002 stated in the Company's Proxy Statement for the 2002 Annual Meeting of Stockholders, 435,673 shares of the Company's Common Stock upon the exercise of a warrant by CKE Restaurants, Inc. on April 5, 2002 and 237,416 shares of the Company's Common Stock upon the exercise of the warrant by KCC Delaware, Company. On April 23, 2002, the following executive officer and directors of GIANT beneficially owned the following shares in the Company: Burt Sugarman - Chairman and President and Chief Executive Officer - Total of 322,274 shares, which includes 262,920 shares issuable upon the exercise of presently exercisable stock options; Terry Christensen - Director - Total of 148,497 shares, which includes 143,990 shares issuable upon the exercise of presently exercisable stock options and David Gotterer - Director - Total of 142,281 shares, which are all issuable upon the exercise of presently exercisable stock options; Items 1, 2, 6 and 7. Not applicable. SIGNATURE --------- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in the statement is true, complete and correct. GIANT GROUP, LTD. Date: April 29, 2002 By: /s/ PASQUALE A. AMBROGIO ------------------------------ PASQUALE A. AMBROGIO Vice President -----END PRIVACY-ENHANCED MESSAGE-----