SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
FIFTH BERKSHIRE ASSOCIATES LLC

(Last) (First) (Middle)
C/O BERKSHIRE PARTNERS LLC
ONE BOSTON PLACE, SUITE 3300

(Street)
BOSTON MA 02108

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BARE ESCENTUALS INC [ BARE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/19/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/19/2007 S 1,762,875 D $35.77 10,391,471 I See Footnote(1)
Common Stock 06/19/2007 S 1,918,524 D $35.77 11,308,962 I See Footnote(2)
Common Stock 06/19/2007 S 196,930 D $35.77 1,160,826 D(3)
Common Stock 156,754 D(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
FIFTH BERKSHIRE ASSOCIATES LLC

(Last) (First) (Middle)
C/O BERKSHIRE PARTNERS LLC
ONE BOSTON PLACE, SUITE 3300

(Street)
BOSTON MA 02108

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
BERKSHIRE FUND V L P

(Last) (First) (Middle)
C/O BERKSHIRE PARTNERS LLC
ONE BOSTON PLACE, SUITE 3300

(Street)
BOSTON MA 02108

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Sixth Berkshire Associates LLC

(Last) (First) (Middle)
C/O BERKSHIRE PARTNERS LLC
ONE BOSTON PLACE, SUITE 3300

(Street)
BOSTON MA 02108

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
BERKSHIRE FUND VI LTD PARTNERSHIP

(Last) (First) (Middle)
C/O BERKSHIRE PARTNERS LLC
ONE BOSTON PLACE, SUITE 3300

(Street)
BOSTON MA 02108

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
BERKSHIRE INVESTORS LLC

(Last) (First) (Middle)
C/O BERKSHIRE PARTNERS LLC
ONE BOSTON PLACE, SUITE 3300

(Street)
BOSTON MA 02108

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Berkshire Partners LLC

(Last) (First) (Middle)
C/O BERKSHIRE PARTNERS LLC
ONE BOSTON PLACE, SUITE 3300

(Street)
BOSTON MA 02108

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Fifth Berkshire Associates LLC ("FBA"), as the sole general partner of Berkshire Fund V, Limited Partnership ("Fund V"), may be deemed to share voting and dispositive power with respect to the 10,391,471 shares of common stock directly held by Fund V. FBA disclaims beneficial ownership of such shares of Common Stock except to the extent of its pecuniary interest in such shares.
2. Sixth Berkshire Associates LLC ("SBA"), as the sole general partner of Berkshire Fund VI, Limited Partnership ("Fund VI"), may be deemed to share voting and dispositive power with respect to the 11,308,962 shares of common stock directly held by Fund VI. SBA disclaims beneficial ownership of such shares of Common Stock except to the extent of its pecuniary interest in such shares.
3. Berkshire Investors LLC directly holds 1,160,826 shares of common stock and may be deemed to be, but does not admit to be, a member of a "group holding over 10% of the outstanding common stock of the Issuer for purposes of Section 13(d)(3) of the Exchange Act".
4. Berkshire Partners LLC directly holds 156,754 shares of common stock and may be deemed to be, but does not admit to be, a member of a "group holding over 10% of the outstanding common stock of the Issuer for purposes of Section 13(d)(3) of the Exchange Act".
Remarks:
/s/ Bradley M. Bloom, Managing Director 06/21/2007
Bradley M. Bloom, Managing Director of Fifth Berkshire Associates LLC, the General Partner of Berkshire Fund V, Limited Partnership 06/21/2007
Bradley M. Bloom, Managing Director 06/21/2007
Bradley M. Bloom, Managing Director of Sixth Berkshire Associates LLC, the General Partner of Berkshire Fund VI, Limited Partnership 06/21/2007
Bradley M. Bloom, Managing Director 06/21/2007
Bradley M. Bloom, Managing Director 06/21/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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