-----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, OMc+u9Kl8zMFjdPU9frAfGIclguYJUHqwH3JwosrBcVzho6u8jXvtGjrHdniMPIj /RRYP0k1XfCR8hp3JPXlsA== 0000950146-96-001103.txt : 19961008 0000950146-96-001103.hdr.sgml : 19961008 ACCESSION NUMBER: 0000950146-96-001103 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960702 SROS: NONE GROUP MEMBERS: DDJ CAPITAL MANAGEMENT LLC GROUP MEMBERS: DDJ OVERSEAS CORP. GROUP MEMBERS: THE COPERNICUS FUND, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMES DEPARTMENT STORES INC CENTRAL INDEX KEY: 0000006071 STANDARD INDUSTRIAL CLASSIFICATION: 5331 IRS NUMBER: 042269444 STATE OF INCORPORATION: DE FISCAL YEAR END: 0129 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-16050 FILM NUMBER: 96590419 BUSINESS ADDRESS: STREET 1: 2418 MAIN ST CITY: ROCKY HILL STATE: CT ZIP: 06067 BUSINESS PHONE: 2032572000 MAIL ADDRESS: STREET 1: 2418 MAIN STREET CITY: ROCKY HILL STATE: CT ZIP: 06067 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DDJ CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001010422 STANDARD INDUSTRIAL CLASSIFICATION: IRS NUMBER: 043300754 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 141 LINDEN STREET STREET 2: SUITE 4 CITY: WELLESLEY STATE: MA ZIP: 02181 BUSINESS PHONE: 617-283-8500 MAIL ADDRESS: STREET 1: 141 LINDEN STREET STREET 2: SUITE 4 CITY: WELLESLEY STATE: MA ZIP: 02181 SC 13D 1 DDJ CAPITAL MANAGEMENT FORM SC 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2)1 AMES DEPARTMENT STORES, INC. - - -------------------------------------------------------------------------------- (Name of issuer) COMMON STOCK, par value $.01 per share - - -------------------------------------------------------------------------------- (Title of class of securities) 030789507 ------------------------------------------------- (CUSIP number) Judy K. Mencher DDJ Capital Management, LLC 141 Linden Street, Suite 4 Wellesley, MA 02181 - - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) June 20, 1996 ------------------------------------------------- (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 Rule 13d-1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with the statement. [ ] (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 7 Pages) - - --------------- 1 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 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 Nos. 030789507 Page 2 of 7 Pages - - ----------------------------- ------------------------ - - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON DDJ Capital Management, LLC 04-3300754 - - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] SEE ITEM #5 (b) [X] - - ------------------------------------------------------------------------------- 3 SEC USE ONLY - - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION COMMONWEALTH OF MASSACHUSETTS - - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------------------- 7 SOLE VOTING POWER 1,782,650 --------------------------------------------------------------- 8 SHARED VOTING POWER --------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 1,782,650 --------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER - - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,782,650 - - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.86% - - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON * 00 - - ------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D - - ----------------------------- ------------------------ CUSIP Nos. 030789507 Page 3 of 7 Pages - - ----------------------------- ------------------------ - - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Copernicus Fund, L.P. 04-3193825 - - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] SEE ITEM #5 (b) [X] - - ------------------------------------------------------------------------------- 3 SEC USE ONLY - - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION COMMONWEALTH OF MASSACHUSETTS - - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------------------- 7 SOLE VOTING POWER 599,550 --------------------------------------------------------------- 8 SHARED VOTING POWER --------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 599,550 --------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER - - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 599,550 - - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.98% - - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON * 00 - - ------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D - - ----------------------------- ------------------------ CUSIP Nos. 030789507 Page 4 of 7 Pages - - ----------------------------- ------------------------ - - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON DDJ Overseas Corp. 98-0151108 - - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] SEE ITEM #5 (b) [X] - - ------------------------------------------------------------------------------- 3 SEC USE ONLY - - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION COMMONWEALTH OF MASSACHUSETTS - - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------------------- 7 SOLE VOTING POWER 1,183,100 --------------------------------------------------------------- 8 SHARED VOTING POWER --------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 1,183,100 --------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER - - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,183,100 - - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.88% =========---------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON * 00 =========---------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D - - ----------------------------- ------------------------ CUSIP No. 030789507 Page 5 of 7 Pages - - ----------------------------- ------------------------ This Amendment No. 2 to Schedule 13D ("Amendment No. 2") should be read in conjunction with the Schedule 13D (the "Schedule 13D") and Amendment No. 1 thereto ("Amendment No. 1") dated March 1, 1996 and June 3, 1996, respectively, and filed with the Securities and Exchange Commission by DDJ Capital Management, LLC., a Massachusetts limited liability company ("DDJ"), relating to the common stock, par value $.01 per share (the "Common Stock" or the "Shares"), of Ames Department Stores, Inc., a Delaware corporation (the "Issuer" or the "Company"). This Amendment No. 2 amends the Schedule 13D and Amendment No. 1 only with respect to those items listed below. All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto on the Schedule 13D and Amendment No. 1. The filing of this Amendment No. 2 is not, and should not be deemed to be, an admission that the Schedule 13D or any Amendment thereto is required to be filed. Item 2. Identity and Background. ----------------------- Paragraph Two of Item 2 is amended as follows: The following information relates to the DDJ Affiliates: DDJ Copernicus, LLC is the general partner of, and DDJ Copernicus Management, LLC is the investment manager for, The Copernicus Fund, L.P. DDJ Galileo, LLC is the general partner of the Galileo Fund, L.P. and owns all of the voting securities of DDJ Overseas Corp. DDJ Galileo Management, LLC is the investment manager for The Galileo Fund, L.P. and DDJ Overseas Corp. Each of the DDJ Affiliates is a Massachusetts limited liability company. Item 3. Source and Amount of Funds or Other Consideration. ------------------------------------------------- Paragraphs two and three of Item 3 are amended as follows: The Funds which own or owned Shares purchased in the aggregate 1,782,650 Shares for cash in the amount of approximately $4,217,191.09 including brokerage commissions. All of the 599,550 Shares of common stock owned by the Copernicus Fund, L.P. were purchased for cash or on margin pursuant to a typical customer margin agreement with Bear, Stearns & Co. or Goldman Sachs & Co., and all of the 1,183,100 Shares owned by DDJ Overseas Corp. were purchased for cash or on margin pursuant to a typical customer margin agreement with Goldman Sachs & Co. During the period from the filing of the Amendment No. 1 to the date hereof, the Funds acquired 278,000 Shares. The attached Schedule B sets forth Shares purchased and/or sold by the Funds since May 29, 1996. SCHEDULE 13D - - ----------------------------- ------------------------ CUSIP No. 030789507 Page 6 of 7 Pages - - ----------------------------- ------------------------ Item 5. Interest in Securities of Issuer. --------------------------------- Paragraph (a) of Item 5 is amended as follows: (a) DDJ beneficially owns, through the DDJ Affiliates, as general partners and investment managers of the Funds, 1,782,650 Shares, or approximately 8.86% of the outstanding Shares of the Company. Neither DDJ, nor any of the DDJ Affiliates nor, to the best knowledge of DDJ, any of the persons named in Schedule A, beneficially owns any other Shares. [Remainder of Page Intentionally Left Blank] SCHEDULE 13D - - ----------------------------- ------------------------ CUSIP No. 030789507 Page 7 of 7 Pages - - ----------------------------- ------------------------ Signature --------- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. DDJ CAPITAL MANAGEMENT, LLC BY: /s/ Bonnie G. George ---------------------------------- Bonnie G. George Chief Financial Officer Date: July 2, 1996 SCHEDULE B ---------- Ames Department Stores, Inc. - - ---------------------------- Set forth below is an itemization of all purchases and sales of Shares of Common Stock of since May 29, 1996. The transactions were made for cash in open market transactions. TYPE (Purchase AGGREGATE DATE or Sale ) SHARES PRICE ---- --------- ------ ---------- 5/29/96 Purchase 50,000 150,720.00 6/4/94 Purchase 25,000 75,750.00 6/5/96 Purchase 1,000 3,081.25 6/6/96 Purchase 50,000 163,830.00 6/6/96 Purchase 1,000 3,268.75 6/7/96 Purchase 1,000 3,409.40 6/13/96 Purchase 50,000 171,815.00 6/19/96 Purchase 30,000 90,900.00 6/20/96 Purchase 46,700 137,125.21 6/20/96 Purchase 23,300 68,415.79 -----END PRIVACY-ENHANCED MESSAGE-----