-----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, H2Fs1ogynyPlMsbiXB4OdhuypN6zLORnGPL9FhCt4T359MU7VZsNkuWI+eIKFExz D7zzFXl7Dp9qe30J/r0aWw== /in/edgar/work/20000619/0000929638-00-000107/0000929638-00-000107.txt : 20000919 0000929638-00-000107.hdr.sgml : 20000919 ACCESSION NUMBER: 0000929638-00-000107 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000619 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CYRK INC CENTRAL INDEX KEY: 0000864264 STANDARD INDUSTRIAL CLASSIFICATION: [2300 ] IRS NUMBER: 043081657 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-43175 FILM NUMBER: 656982 BUSINESS ADDRESS: STREET 1: 3 POND RD CITY: GLOUCESTER STATE: MA ZIP: 01930 BUSINESS PHONE: 5082835800 MAIL ADDRESS: STREET 1: 3 POND RD CITY: GLOCESTER STATE: MA ZIP: 01930 FORMER COMPANY: FORMER CONFORMED NAME: CYRK INTERNATIONAL INC DATE OF NAME CHANGE: 19930521 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SHLOPAK GREGORY P CENTRAL INDEX KEY: 0000924051 STANDARD INDUSTRIAL CLASSIFICATION: [ ] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3 POND RD CITY: GLOUCESTER STATE: MA ZIP: 01930 MAIL ADDRESS: STREET 1: C/O CYRK INC STREET 2: 3 POND ROAD CITY: GLOUCESTER STATE: MA ZIP: 01930 SC 13D/A 1 0001.txt AMENDMENT NO. 3 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (AMENDMENT NO. 3) UNDER THE SECURITIES EXCHANGE ACT OF 1934 Cyrk, Inc. ------------------------------------- (Name of Issuer) Common Stock, $.01 par value -------------------------------------------- (Title of Class of Securities) 232817 10 6 --------------------------------------------------- (CUSIP Number) Gregory P. Shlopak c/o Rockport Equity Management 63 Main Street Gloucester, Massachusetts 01930 --------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copies to: Victor J. Paci, Esq. Bingham Dana LLP 150 Federal Street Boston, Massachusetts 02110 March 3, 2000 --------------------------------------------------------- (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 that is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 240.13d-7(b) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 5 Pages) - ------------------------------- *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 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. 232817 10 6 13D PAGE 2 OF 5 PAGES - --------------------- ----------------- - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Gregory P. Shlopak - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (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 US - ------------------------------------------------------------------------------- 7. SOLE VOTING POWER 1,064,900* --------------------------------------------------------- NUMBER OF 8. SHARED VOTING POWER SHARES BENEFICIALLY 4,809,879* OWNED BY --------------------------------------------------------- EACH 9. SOLE DISPOSITIVE POWER REPORTING PERSON WITH 1,064,900* --------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 4,809,879* - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,064,900* - ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.7% (Based on the number of shares of Cyrk, Inc. common stock reported as being outstanding in Cyrk, Inc.'s Annual Report on Form 10-K for the year ending December 31, 1999) - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------- * Pursuant to the Voting Agreement described in Item 6 of the Schedule 13D (as amended and restated by Amendment No. 1 thereto, and as further amended by Amendment No. 2 thereto, as so amended the "SCHEDULE 13D"), a copy of which is filed with Amendment No.2 to the Schedule 13D, certain shareholders of the Company, including the Reporting Person, are required, in specified circumstances, to vote all of the shares of the Company's Common Stock held by each such shareholder in favor of the Securities Purchase Agreement, dated as of September 1, 1999, by and between the Company and Overseas Toys, L.P., a Delaware limited partnership ("OVERSEAS TOYS"), and the designees of Overseas Toys for election to the Board of Directors of the Company. Accordingly, the Reporting Person may be deemed to be part of a "group" with such shareholders and have voting power over 4,809,879 shares of Common Stock (or approximately 30.5% of the Company's Common Stock, based on the number of shares of Common Stock reported as being outstanding in the Company's Annual Report on Form 10-K for the year ending December 31, 1999, and the number of shares of common stock reported as beneficially owned by the parties to the Voting Agreement on their most recent respective Schedule 13D). In addition, disposition of certain of the shares of Common Stock owned by the Reporting Person is restricted under certain circumstances by the Voting Agreement. Accordingly, Overseas Toys may be deemed to have shared dispositive power over the shares of Common Stock owned by the Reporting Person. The Reporting Person expressly disclaims beneficial ownership of any shares of Common Stock except the 1,064,900 shares with respect to which he possesses sole or shared dispositive power. This Statement relates to the Schedule 13D filed by Gregory P. Shlopak with regard to beneficial ownership of common stock, par value $.01 per share (the "COMMON STOCK"), of Cyrk, Inc. (the "COMPANY") and constitutes Amendment No. 3 thereto. Terms used herein and not otherwise defined have the meaning set forth in the Schedule 13D. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Item 5 is hereby amended and restated in its entirety to read as follows: (a) The Reporting Person is the beneficial owner of 1,064,900 shares of Common Stock of which 84,401 of such shares are held by a private charitable foundation which the Reporting Person, as trustee, has sole voting and dispositive power. The 1,064,900 shares beneficially held by the Reporting Person represent approximately 6.7 % of the issued and outstanding shares of Common Stock (Based on the number of shares of Cyrk, Inc. common stock reported as being outstanding in Cyrk, Inc.'s Annual Report on Form 10-K for the year ending December 31, 1999). (b) The Reporting Person has sole power to vote 1,064,900 shares of Common Stock. The Reporting Person does not have shared power to vote any shares of Common Stock. (c) On March 2, 2000, the Reporting Person sold 41,000 shares of the Common Stock of the issuer, at a price of $9.2438 per share, on March 3, 2000 the Reporting Person sold 9,000 shares of Common Stock of the issuer at a price of $9.875 per share, and on March 16, 2000 the Reporting Person sold an additional 50,000 shares of Common Stock of the issuer at a price of $9.0001 per share. All three transactions were accomplished through a brokerage account. (d) No other person is known to have the right to receive or direct the receipt of dividends from, or proceeds from the sale of, any of the Common Stock beneficially owned by the reporting person. (e) Not applicable 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. Dated: May 31, 2000 /s/ Gregory P. Shlopak ------------------------- Gregory P. Shlopak -----END PRIVACY-ENHANCED MESSAGE-----