-----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, DsCZgapJyQhfrX0hx61zO3AzrMdKv6r6J9YDkClMWbJwB8VlPIKjnpdoarHxwaJx z6iVJaSK57ScmzvXak72UQ== 0000950123-97-005031.txt : 19970617 0000950123-97-005031.hdr.sgml : 19970617 ACCESSION NUMBER: 0000950123-97-005031 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970616 SROS: NASD GROUP MEMBERS: EDMUND R. MANWELL GROUP MEMBERS: J. DAVID HAKMAN GROUP MEMBERS: KRUTTSCHNITT THEODORE H III SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HANOVER DIRECT INC CENTRAL INDEX KEY: 0000320333 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 138053260 STATE OF INCORPORATION: NV FISCAL YEAR END: 1227 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-34082 FILM NUMBER: 97624132 BUSINESS ADDRESS: STREET 1: 1500 HARBOR BLVD CITY: WEEHAWKEN STATE: NJ ZIP: 07087 BUSINESS PHONE: 2018653800 MAIL ADDRESS: STREET 1: 1500 HARBOR BLVD CITY: WEEHAWKEN STATE: NJ ZIP: 07087 FORMER COMPANY: FORMER CONFORMED NAME: HORN & HARDART CO /NV/ DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KRUTTSCHNITT THEODORE H III CENTRAL INDEX KEY: 0000903484 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: HANOVER DIRECT INC STREET 2: 1500 HARBOR BLVD CITY: WEEHAWKEN STATE: NJ ZIP: 07087 BUSINESS PHONE: 415-348-7400 MAIL ADDRESS: STREET 1: 1350 BAYSHORE BLVD STREET 2: SUITE 850 CITY: BURLINGAME STATE: CA ZIP: 94010 FORMER COMPANY: FORMER CONFORMED NAME: KRUTTSCHNITT THEODORE H DATE OF NAME CHANGE: 19930505 SC 13D/A 1 AMENDMENT NO. 13 TO SC 13D 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 13) HANOVER DIRECT, INC. (Name of Issuer) Common Stock, $0.66-2/3 Par Value (Title of Class of Securities) 440506 10 3 (CUSIP Number) Theodore H. Kruttschnitt, III 1730 South El Camino Real, Suite 400 San Mateo, CA 94402 (415) 525-9300 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 6, 1997 (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 [ ]. (Continued on Following Pages) Page 1 of 10 Pages 2 CUSIP No. 440506 10 3 13D Page 2 of 10 Pages 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Theodore H. Kruttschnitt, III - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER (a) X OF A GROUP --- (b) --- - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) --- - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - -------------------------------------------------------------------------------- NUMBER 7 SOLE VOTING POWER 10,074,000* OF SHARES ----------------------------------------------------- BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH ----------------------------------------------------- REPORTING PERSON 9 SOLE DISPOSITIVE POWER 10,074,000* WITH ----------------------------------------------------- 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,074,000* - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES --- - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.04% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- 3 CUSIP No. 440506 10 3 13D Page 3 of 10 Pages 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS J. David Hakman - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER (a) X OF A GROUP --- (b) --- - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) --- - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - -------------------------------------------------------------------------------- NUMBER 7 SOLE VOTING POWER 1,003,875* OF SHARES ----------------------------------------------------- BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH ----------------------------------------------------- REPORTING PERSON 9 SOLE DISPOSITIVE POWER 1,003,875* WITH ----------------------------------------------------- 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,003,875* - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES --- - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .50% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- 4 CUSIP No. 440506 10 3 13D Page 4 of 10 Pages 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Edmund R. Manwell - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER (a) X OF A GROUP --- (b) --- - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) --- - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - -------------------------------------------------------------------------------- NUMBER 7 SOLE VOTING POWER 20,579* OF SHARES ----------------------------------------------------- BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH ----------------------------------------------------- REPORTING PERSON 9 SOLE DISPOSITIVE POWER 20,579* WITH ----------------------------------------------------- 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 20,579* - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES --- - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .01% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- 5 CUSIP No. 440506 10 3 13D Page 5 of 10 Pages ITEM 1. SECURITY AND ISSUER. This Amendment No. 13 to Statement on Schedule 13D relates to shares of Common Stock, par value $.66 2/3 per share (the "Common Stock"), of Hanover Direct, Inc., a Delaware corporation and the successor in interest to The Horn & Hardart Company (the "Company"), whose principal executive offices are located at 1500 Harbor Boulevard, Weehawken, New Jersey 07087. ITEM 2. IDENTITY AND BACKGROUND. (a)-(c) Mr. Theodore H. Kruttschnitt, III's principal occupation is investing and his business address is 1730 South El Camino Real, Suite 400, San Mateo, California 94402. Mr. J. David Hakman's principal occupation is serving as Chief Executive Officer of Hakman Capital Corporation, an investment banking firm located at One Bay Plaza, 1350 Bayshore Boulevard, Suite 300, Burlingame, California 94010. Mr. Edmund R. Manwell's principal occupation is serving as Senior Partner of the law firm of Manwell & Milton, 20 California Street, Third Floor, San Francisco, California 94111. (d)-(f) During the last five years, none of Messrs. Kruttschnitt, Hakman or Manwell has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which such individual was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding any violation with respect to such laws. Messrs. Kruttschnitt, Hakman and Manwell are all United States citizens. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. On May 30, 1997, Mr. Kruttschnitt paid $.90 per share to purchase 2,774,000 shares of Common Stock. The source of the funds for the purchase price is Mr. Kruttschnitt's personal funds. On May 30, 1997, Mr. Hakman paid $.90 per share to purchase 271,700 shares of Common Stock. The source of the funds for the purchase price is Mr. Hakman's personal funds. ITEM 4. PURPOSE OF THE TRANSACTION. On May 30, 1997, in connection with the Company's Rights Offering, which officially closed on June 6, 1997, Mr. Kruttschnitt exercised the 2,774,000 rights distributed to him by the Company and thereby purchased 2,774,000 shares of the 6 CUSIP No. 440506 10 3 13D Page 6 of 10 Pages Company's Common Stock for an exercise price of $.90 per share. On May 30, 1997, in connection with the Company's Rights Offering, which officially closed on June 6, 1997, Mr. Hakman exercised 271,700 of the 278,227 rights distributed to him by the Company and thereby purchased 271,700 shares of the Company's Common Stock for an exercise price of $.90 per share. Except as set forth above, the Reporting Persons have no present plans or intentions which would result in or relate to any of the transactions described in (a) through (i) of Item 4 of Schedule 13D. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. After giving effect to the transactions reported herein, Mr. Kruttschnitt is the beneficial owner of 10,074,000 shares of Common Stock of the Company as determined in accordance with Rule 13d-3 of the Securities Exchange Act of 1934, as amended ("Rule 13d-3"). The 10,074,000 shares of Common Stock represent, in accordance with Rule 13d-3, approximately 5.04% of the approximately 200,031,580 shares of Common Stock outstanding as of June 6, 1997. Messrs. Kruttschnitt, Hakman and Manwell as a group are the beneficial owners of 11,098,454 shares of Common Stock of the Company, as determined in accordance with Rule 13d-3. The 11,098,454 shares of Common Stock represent, in accordance with Rule 13d-3, approximately 5.55% of the approximately 200,031,580 shares of Common Stock outstanding as of June 6, 1997. (b) Mr. Kruttschnitt has the sole power to vote and dispose of all his 10,074,000 shares of Common Stock. Mr. Hakman has the sole power to vote and dispose of all his 1,003,875 shares of Common Stock. Mr. Manwell has the sole power to vote and dispose of all his 20,579 shares of Common Stock. (c) In connection with the Company's pro rata distribution of subscription rights to its shareholders, on April 29, 1997, Messrs. Kruttschnitt, Hakman and Manwell each received 2,774,000, 278,227 and 7,820 rights, respectively, and purchased 2,774,000, 271,700 and 0 shares of Common Stock of the Company, respectively, at an exercise price of $.90 per share. (d) and (e) Inapplicable. 7 CUSIP No. 440506 10 3 13D Page 7 of 10 Pages ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Reference is hereby made to Item 4 hereof for a description of certain contracts, arrangements, understandings and relationships relating to the securities of the Company. Except as described therein, none of the reporting persons has any contract, arrangement, understanding or relations with one or more security holders of the Company or others, with respect to the purchase, holding, voting or disposition of shares of Common Stock or other securities of the Issuer which are convertible or exercisable into such shares. Each of such persons reserves the right to enter into any such contract, arrangement, understanding or relationship in the future. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. None. 8 CUSIP No. 440506 10 3 13D Page 8 of 10 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. Date: June 12, 1997 /s/ Theodore H. Kruttschnitt, III --------------------------------- Theodore H. Kruttschnitt, III 9 CUSIP No. 440506 10 3 13D Page 9 of 10 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. Date: June 12, 1997 /s/ Edmund R. Manwell --------------------- Edmund R. Manwell 10 CUSIP No. 440506 10 3 13D Page 10 of 10 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. Date: June 12, 1997 /s/ J. David Hakman ------------------- J. David Hakman -----END PRIVACY-ENHANCED MESSAGE-----