-----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, RceL4w7X7al5eHWzDqqG4zius6VsYONVP1aInKyecYGl1VbXgtceeC+6ZIncDrVp jnlwn2vRovIN0v+Jz3bcNg== 0000906344-98-000023.txt : 19980226 0000906344-98-000023.hdr.sgml : 19980226 ACCESSION NUMBER: 0000906344-98-000023 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980225 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CARVER CORP CENTRAL INDEX KEY: 0000766177 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651] IRS NUMBER: 911043157 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-37120 FILM NUMBER: 98549135 BUSINESS ADDRESS: STREET 1: 20121 48TH AVE W STREET 2: P O BOX 1237 CITY: LYNNWOOD STATE: WA ZIP: 98036 BUSINESS PHONE: 2067751202 MAIL ADDRESS: STREET 1: 20121 48TH AVE CITY: LYNNWOOD STATE: WA ZIP: 98036 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HOWARD RICE NEMEROVSKI CANADY FALK & RABKIN CENTRAL INDEX KEY: 0000906344 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3 EMBARCADERO CTR 7TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94111-4065 BUSINESS PHONE: 4154341600 FORMER COMPANY: FORMER CONFORMED NAME: HOWARD RICE NEMEROVSKI CANADY ROBERTSON & FALK DATE OF NAME CHANGE: 19930601 SC 13D/A 1 AMENDMENT NO. 4 TO SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 4) CARVER CORPORATION (Name of Issuer) Common Stock, $.01 par value) (Title of Class of Securities) 146881-10-7 (CUSIP Number) Mark D. Whatley, Esq. Howard, Rice, Nemerovski, Canady, Falk & Rabkin, A Professional Corporation Three Embarcadero Center, Suite 700 San Francisco, CA 94111 (415) 434-1600 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 29, 1998 (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 this statement []. (A fee is not required only if the filing 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. *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 the disclosures provided in a prior cover page. Page 1 of 4 CUSIP No. 146881-10-7 SCHEDULE 13D Page 2 of 5 The information required in 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). CUSIP No. 146881-10-7 SCHEDULE 13D Page 3 of 5 1 Name of Reporting Person PAUL EDMUNDS SACKETT, JR. DBA SACKETT & COMPANY IRS Identification No. of Above Person ###-##-#### 2 Check the Appropriate Box if a Member of a Group (a) [] (b) [] 3 SEC USE ONLY 4 Source of Funds OO,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 United States 7 Sole Voting Power 119,500 NUMBER OF SHARES 8 Shared Voting Power -0- BENEFICIALLY OWNED BY EACH 9 Sole Dispositive Power 119,500 REPORTING PERSON WITH 10 Shared Dispositive Power -0- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 119,500 12 Check Box if the Aggregate Amount in Row 11 Excludes Certain Shares [] 13 Percent of Class Represented by Amount in Row 11 3.1% 14 Type of Reporting Person IA,IN CUSIP No. 146881-10-7 SCHEDULE 13D Page 4 of 5 Item 1. Security and Issuer This Amendment No. 4 to Schedule 13D ("Amendment") relates to shares of common stock, $0.01 par value (the "Common Stock"), of Carver Corporation (the "Issuer"). The principal executive office of the Issuer is P.O. Box 137, Woodinville, WA 98072. Item 2. Identity and Background This Amendment is filed on behalf of Paul Edmunds Sackett, Jr. DBA Sackett & Company. Mr. Sackett's principal business office address is 555 California Street, Suite 4490, San Francisco, California 94104. Mr. Sackett's occupation is investment adviser. Mr. Sackett has not, during the past five years, been convicted of any criminal proceeding (excluding traffic violations or similar misdemeanors). Mr. Sackett has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding 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. Mr. Sackett is a United States citizen. Item 3. Source and Amount of Funds or Other Consideration The sources of funds for the purchases of Common Stock were funds managed by Mr. Sackett for the benefit of third parties and Mr. Sackett's personal funds. Item 4. Purpose of Transaction. The purchases of Common Stock were made solely for investment purposes. Depending upon market conditions and other factors, Mr. Sackett may acquire additional securities of the Issuer, or, alternatively, may dispose of some or all of the securities of the Issuer that he beneficially owns. Item 5. Interest in Securities of the Issuer (a),(b) Reference is made hereby to Items 7-11 and 13 of page two (2) of this Amendment, which Items are incorporated by reference herein. Of the shares beneficially owned by Mr. Sackett as of January 29, 1998, 76,500 shares were owned directly. CUSIP No. 146881-10-7 SCHEDULE 13D Page 5 of 5 (c) During the sixty days preceding the effective date of this Amendment, Mr. Sackett effected the following transactions on behalf of third parties. On December 3, 1997, he sold 5,000 shares of Common Stock in a trade through a broker-dealer at a price of $1 per share. On January 5, 1998, he sold 5,000 shares of Common Stock in a trade through a broker-dealer at a price of $1/2 per share. On January 6, 1998, he sold 5,000 shares of Common Stock in a trade through a broker-dealer at a price of $1/2 per share. On January 12, 1998, he sold 2,000 shares of Common Stock in a trade through a broker-dealer at a price of $1/2 per share. On January 26, 1998, he sold 5,000 shares of Common Stock in a trade through a broker-dealer at a price of $7/16 per share. On January 27, 1998, he sold 5,000 shares of Common Stock in a trade through a broker-dealer at a price of $3/8 per share. On January 28, 1998, he sold a total of 30,000 shares of Common Stock in two trades through broker-dealers at a price of $1/4 per share. On January 29, 1998, he sold a total of 60,000 shares of Common Stock in a number of trades through broker-dealers at a price of $1/8 per share, and a total of 50,000 shares of Common Stock at a price of $1/16 per share. (d),(e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer None. Item 7. Material to be Filed as Exhibits None. Signatures 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. DATED: February 23, 1998 /s/Paul Edmunds Sackett, Jr. _______________________________ Paul Edmunds Sackett, Jr. DBA Sackett & Company -----END PRIVACY-ENHANCED MESSAGE-----