-----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, NtMkVchDvmB4mhCG//L70nWgTOuNEJRFsGdSH+q/8wAT6zfYsIHnnrRNHUXQVr9j +yhLrnoLCrJL9FAfsd/Fig== 0000950135-98-002266.txt : 19980408 0000950135-98-002266.hdr.sgml : 19980408 ACCESSION NUMBER: 0000950135-98-002266 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980407 SROS: NASD GROUP MEMBERS: JEFFREY E. SCHWARZ GROUP MEMBERS: K J ADVISORS, INC. GROUP MEMBERS: KAREN FINERMAN GROUP MEMBERS: LANE ALTMAN & OWENS GROUP MEMBERS: METROPOLITAN CAPITAL ADVISORS, INC. GROUP MEMBERS: METROPOLITAN CAPITAL III, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SIGMA CIRCUITS INC CENTRAL INDEX KEY: 0000746549 STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672] IRS NUMBER: 770107167 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-47397 FILM NUMBER: 98588905 BUSINESS ADDRESS: STREET 1: 393 MATHEW ST CITY: SANTA CLARA STATE: CA ZIP: 95050 BUSINESS PHONE: 4087279169 MAIL ADDRESS: STREET 1: 393 MATHEW STREET CITY: SANTA CLARA STATE: CA ZIP: 95050 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LANE ALTMAN & OWENS CENTRAL INDEX KEY: 0001000095 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 101 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 SC 13G 1 METROPOLITAN CAPITAL ADVISORS, INC. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No:__________)* SIGMA CIRCUITS, INC. ------------------------------------------------------------------------------ (Name of Issuer) Common Stock, $0.001 Par Value ------------------------------------------------------------------------------ (Title of Class of Securities) 826559-10-16 --------------------------------------------- (CUSIP Number) April 7, 1998 --------------------------------------------- (Date of Event Which Requires Filing of This Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-(c) [ ] Rule 13d-1(d) *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). 2 SCHEDULE 13G CUSIP NO. 826559-10-6 PAGE 2 OF 10 PAGES --------------- ----- ------ - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Metropolitan Capital Advisors, Inc. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization USA - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by 180,900 Each ------------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With 0 ------------------------------------------------------------- 8. Shared Dispositive Power 180,900 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 180,900 - -------------------------------------------------------------------------------- 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* [ ] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 4.38% - -------------------------------------------------------------------------------- 12. Type of Reporting Person* CO - -------------------------------------------------------------------------------- 3 SCHEDULE 13G CUSIP NO. 826559-10-6 PAGE 3 OF 10 PAGES --------------- ----- ------ - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person K J Advisors, Inc. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization New York - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by 7,800 Each ------------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With 0 ------------------------------------------------------------- 8. Shared Dispositive Power 7,800 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 7,800 - -------------------------------------------------------------------------------- 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* [ ] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0.19% - -------------------------------------------------------------------------------- 12. Type of Reporting Person* CO - -------------------------------------------------------------------------------- 4 SCHEDULE 13G CUSIP NO. 826559-10-6 PAGE 4 OF 10 PAGES --------------- ----- ------ - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Metropolitan Capital III, Inc. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization New York - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by 69,100 Each ------------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With 0 ------------------------------------------------------------- 8. Shared Dispositive Power 69,100 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 69,100 - -------------------------------------------------------------------------------- 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* [ ] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 1.67% - -------------------------------------------------------------------------------- 12. Type of Reporting Person* CO - -------------------------------------------------------------------------------- 5 SCHEDULE 13G CUSIP NO. 826559-10-6 PAGE 5 OF 10 PAGES --------------- ----- ------ - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Jeffrey E. Schwarz - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization U.S.A. - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by 257,800 Each ------------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With 0 ------------------------------------------------------------- 8. Shared Dispositive Power 257,800 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 257,800 - -------------------------------------------------------------------------------- 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* [ ] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 6.24% - -------------------------------------------------------------------------------- 12. Type of Reporting Person* IN - -------------------------------------------------------------------------------- 6 SCHEDULE 13G CUSIP NO. 826559-10-6 PAGE 6 OF 10 PAGES --------------- ----- ------ - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Karen Finerman - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization U.S.A. - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by 257,800 Each ------------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With 0 ------------------------------------------------------------- 8. Shared Dispositive Power 257,800 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 257,800 - -------------------------------------------------------------------------------- 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* [ ] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 6.24% - -------------------------------------------------------------------------------- 12. Type of Reporting Person* IN - -------------------------------------------------------------------------------- 7 PAGE 7 OF 10 PAGES ----- ------ THIS SCHEDULE 13G AMENDS AND REPLACES THAT CERTAIN SCHEDULE 13D FILED ON BEHALF OF THE FILING PERSONS NAMED HEREIN ON FEBRUARY 20, 1997. ITEM 1. (a) Name of Issuer: Sigma Circuits, Inc. ------------------------------------------------------- (b) Address of Issuer's Principal Executive Offices: 393 Mathew Street, Santa Clara, CA 95050 ---------------------------------------------------------------------- ITEM 2. (a) Name of Persons Filing: (b) Address of Principal Business Office or, if none, Residence: (c) Citizenship: (i) Metropolitan Capital Advisors, Inc., a New York corporation, ("Metropolitan Capital"). (ii) KJ Advisors, Inc., a New York corporation ("KJ Advisors"). (iii) Metropolitan Capital III, Inc., a Delaware corporation. (iv) Jeffrey E. Schwarz, a United States citizen. (v) Karen Finerman, a United States citizen. (b), (c) and (f) Each of the Reporting persons has a business address of 660 Madison Avenue, New York, New York 10021. (d) Title of Class of Securities: common stock, $0.001 par value ----------------------------------------- (e) CUSIP Number: 826559-10-6 --------------------------------------------------------- ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or Dealer registered under Section 15 of the Act (b) [ ] Bank as defined in section 3(a)(6) of the Act (c) [ ] Insurance Company as defined in section 3(a)(19) of the Act (d) [ ] Investment Company registered under section 8 of the Investment Company Act of 1940 (e) [ ] Investment Adviser registered under section 203 of the Investment Advisers Act (f) [ ] Employee Benefit Plan, Pension fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see ss.240.13d-1(b)(1)(ii)(F) (g) [ ] Parent Holding Company, in accordance with ss.240.13d-1(b)(ii)(G) (Note: See Item 7) (h) [ ] A Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act (i) [ ] A Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J) If this statement is filed pursuant to ss.240.13d-1(c), check this box [X]. 8 PAGE 8 OF 10 PAGES ----- ------ ITEM 4. OWNERSHIP Provide the following information as of that date and identify those shares which there is a right to acquire. METROPOLITAN CAPITAL ADVISORS, INC. (a) Amount Beneficially Owned: 180,900 -------------------------------------------- (b) Percent of Class: 4.38% ----------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 ----------------------- (ii) shared power to vote or to direct the vote: 180,900 --------------------- (iii) sole power to dispose or to direct the disposition of: 0 ---------- (iv) shared power to dispose or to direct the disposition of: 180,900 -------- KJ ADVISORS, INC. (a) Amount Beneficially Owned: 7,800 -------------------------------------------- (b) Percent of Class: 0.19% ----------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 ----------------------- (ii) shared power to vote or to direct the vote: 7,800 --------------------- (iii) sole power to dispose or to direct the disposition of: 0 ---------- (iv) shared power to dispose or to direct the disposition of: 7,800 -------- METROPOLITAN CAPITAL III, INC. (a) Amount Beneficially Owned: 69,100 -------------------------------------------- (b) Percent of Class: 1.67% ----------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 ----------------------- (ii) shared power to vote or to direct the vote: 69,100 --------------------- (iii) sole power to dispose or to direct the disposition of: 0 ---------- (iv) shared power to dispose or to direct the disposition of: 69,100 -------- JEFFREY E. SCHWARZ (a) Amount Beneficially Owned: 257,800 -------------------------------------------- (b) Percent of Class: 6.24% ----------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 ----------------------- (ii) shared power to vote or to direct the vote: 257,800 --------------------- (iii) sole power to dispose or to direct the disposition of: 0 ---------- (iv) shared power to dispose or to direct the disposition of: 257,800 -------- 9 PAGE 9 OF 10 PAGES ----- ------ KAREN FINERMAN (a) Amount Beneficially Owned: 257,800 -------------------------------------------- (b) Percent of Class: 6.24% ----------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 ----------------------- (ii) shared power to vote or to direct the vote: 257,800 --------------------- (iii) sole power to dispose or to direct the disposition of: 0 ---------- (iv) shared power to dispose or to direct the disposition of: 257,800 -------- Instruction: For computations regarding securities which represent a right to acquire an underlying security see Rule 13d-3(d)(1). ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON (i) Metropolitan Capital is the owner of shares of Common Stock of the Issuer solely by reason of its position as General Partner of Metropolitan Capital Advisors, L.P., which by reason of its position as General Partner of Bedford Falls Investors, L.P. has discretionary voting and dispositive power over assets of Bedford Fall Investors, L.P. Thus, by virtue of being the General Partner of Metropolitan Capital Advisors, L.P., the General Partner of Bedford Falls Investors, L.P., Metropolitan Capital may be deemed to have shared voting and dispositive power over the 180,900 shares representing 4.38% of Common Stock of the Issuer beneficially owned by Bedford Falls Investors, L.P. (ii) KJ Advisors is the owner of shares of Common Stock of the Issuer solely by reason of its position as General Partner of Metropolitan Capital Partners II, L.P. which has discretionary voting and dispositive power over assets held in a managed account. Thus, by virtue of being the General Partner of Metropolitan Capital Partners II, L.P., KJ Advisors may be deemed to have shared voting and dispositive power over the 7,800 shares representing 0.19% of Common Stock of the Issuer held for the managed account. (iii) Metropolitan Capital III, Inc. has purchased no shares of Common Stock of the Issuer solely for its own account. However, by reason of its position as General Partner of Metropolitan Capital Partners III, L.P. which has discretionary voting and dispositive power over the assets of Metropolitan Capital Advisors International Limited, Metropolitan Capital III, Inc. may be deemed to have shared voting and dispositive power over the 69,100 shares representing 1.67% of the Common Stock of the Issuer owned by Metropolitan Capital Advisors International Limited. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not Applicable ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not Applicable 10 PAGE 10 OF 10 PAGES ------ ------ ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not Applicable ITEM 10. CERTIFICATION By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I hereby certify that the information set forth in this statement is true, complete and correct. Dated this 7th day of April, 1998. Jeffrey E. Schwarz By: /s/ Jeffrey E. Schwarz ---------------------------------- Jeffrey E. Schwarz Karen Finerman By: /s/ Karen Finerman ---------------------------------- Karen Finerman Metropolitan Capital Advisors, Inc. By: /s/ Karen Finerman ---------------------------------- President KJ Advisors, Inc. By: /s/ Karen Finerman ---------------------------------- President Metropolitan Capital III, Inc. By: /s/ Karen Finerman ---------------------------------- President -----END PRIVACY-ENHANCED MESSAGE-----