SC 13D/A 1 alex13da.txt AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 SCHEDULE 13D/A UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1 )* --- ACCLAIM ENTERTAINMENT, INC. (Name of Issuer) COMMON STOCK, PAR VALUE $.02 PER SHARE (Title of Class of Securities) 004325205 ---------------------- (CUSIP Number) ALEXANDRA INVESTMENT MANAGEMENT, LLC MIKHAIL A. FILIMONOV DIMITRI SOGOLOFF 237 PARK AVENUE NEW YORK, NEW YORK 10017 (212) 808-3780 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 12, 2001 ------------------------ (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/A, 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 [ ]. Page 1 of 8 pages SCHEDULE 13D/A ---------------------- ---------------------- CUSIP No. 020825105 PAGE 2 OF 8 PAGES ---------------------- ------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Alexandra Investment Management, LLC -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF, OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES -0- BENEFICIALLY -------------------------------------------------------- 8 SHARED VOTING POWER OWNED BY EACH -------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING -0- PERSON WITH -------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IA, CO -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! -2- SCHEDULE 13D/A ---------------------- ---------------------- CUSIP No. 020825105 PAGE 3 OF 8 PAGES ---------------------- ------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Mikhail A. Filimonov -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF, OO -------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES -0- BENEFICIALLY -------------------------------------------------------- 8 SHARED VOTING POWER OWNED BY -0- EACH -------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING -0- PERSON WITH -------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! -3- SCHEDULE 13D/A ---------------------- ---------------------- CUSIP No. 020825105 PAGE 4 OF 8 PAGES ---------------------- ------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Dimitri Sogoloff -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF, OO -------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES -0- BENEFICIALLY -------------------------------------------------------- 8 SHARED VOTING POWER OWNED BY -0- EACH -------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH -0- -------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! -4- ITEM 1. SECURITY AND ISSUER. ------------------- This Statement constitutes Amendment No. 1 to that certain Schedule 13D, dated June 18, 2001 (the "Original Schedule 13D") relating to the shares of Common Stock, $.02 par value per share (the "Common Stock") of Acclaim Entertainment, Inc., a Delaware corporation (the "Company"). This Amendment No. 1 reports the termination of any further obligation of Reporting Persons to report on Schedule 13D with respect to the beneficial ownership of Common Shares reported in the Original Schedule 13D. All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the Original Schedule 13D. Except as expressly amended hereby, the statements in the Original Schedule 13D remain unchanged. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. ------------------------------------------------- On December 12, 2001, the Adviser sold 5,181,882 shares of Common Stock. ITEM 4. PURPOSE OF TRANSACTION. ---------------------- The Adviser has sold all shares of Common Stock in the ordinary course of business. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. ------------------------------------ (a) As a result of the sale transaction discussed below in paragraph (c) of this Item 5, the Reporting Persons do not beneficially own any Common Shares. As of the date hereof, the Adviser owns no shares of Common Stock. (c) During the sixty days prior to the date hereof, the Reporting Persons effected no transactions in the Common Shares other than the following transaction. On December 12, 2001, the Adviser sold its entire position of 5,181,882 Common Shares. (e) On December 12, 2001, the Reporting Persons ceased to be a beneficial owner of more than 5% of the Common Shares, thereby terminating any future obligation of the Reporting Persons to report on Schedule 13D with respect to beneficial ownership of the Shares. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. ------------------------------------------------------ None. -5- ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. -------------------------------- None. -6- SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Date: January 22, 2002 ALEXANDRA INVESTMENT MANAGEMENT, LLC By: /s/ Mikhail A. Filimonov ------------------------------------- Mikhail A. Filimonov, Managing Member /s/ Mikhail A. Filimonov -------------------------------------------- MIKHAIL A. FILIMONOV /s/ Dimitri Sogoloff -------------------------------------------- DIMITRI SOGOLOFF -7-