-----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, Ns+SXgsdI818MBG8XmdasszuIYievm3hBnDuGcv6tS5YWlDSaBrU4fI1MTiywR8d x9OfHrMm7xzTY5HGrUZf3w== 0000903893-97-000313.txt : 19970222 0000903893-97-000313.hdr.sgml : 19970222 ACCESSION NUMBER: 0000903893-97-000313 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970214 SROS: NONE GROUP MEMBERS: CHRISTOPHER P. KIRCHEN GROUP MEMBERS: CONSUMER VENTURE ASSOCIATES, L.P. GROUP MEMBERS: CONSUMER VENTURE PARTNERS LP GROUP MEMBERS: PEARSON C. CUMMIN III SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PACIFIC SUNWEAR OF CALIFORNIA INC CENTRAL INDEX KEY: 0000874841 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-APPAREL & ACCESSORY STORES [5600] IRS NUMBER: 953759463 STATE OF INCORPORATION: CA FISCAL YEAR END: 0202 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43015 FILM NUMBER: 97535881 BUSINESS ADDRESS: STREET 1: 5037 E HUNTER AVE CITY: ANAHEIM STATE: CA ZIP: 92807 BUSINESS PHONE: 7146938066 MAIL ADDRESS: STREET 1: 5037 E HUNTER AVENUE CITY: ANAHEIM STATE: CA ZIP: 92807 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CONSUMER VENTURE PARTNERS LP CENTRAL INDEX KEY: 0001032485 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: CONSUMER VENTURES GROUP INC STREET 2: 3 PICKWICK PLAZA CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2036298800 SC 13G/A 1 SCHEDULE 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO.__1__)* Pacific Sunwear of California, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 694873100 ------------------------------- (CUSIP Number) *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. 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. 694873100 13G Page 2 of 11 Pages ------------ ----- ------ - -------------------------------------------------------------------------------- - ------- ------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Consumer Venture Partners, L.P. 06-1182943 - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) - ------- ------------------------------------------------------------------------ 3 SEC USE ONLY - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware limited partnership - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 5 SOLE VOTING POWER NUMBER OF --0--shares ----- ------------------------------------------------ ----- ------------------------------------------------ SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY --0--shares ----- ------------------------------------------------ ----- ------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON --0-- shares ----- ------------------------------------------------ ----- ------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER --0--shares - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON --0--shares - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * PN - ------- ------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 11 Pages - -------------------------------------------------------------------------------- CUSIP No. 694873100 13G Page 3 of 11 Pages ------------ ----- ------ - -------------------------------------------------------------------------------- - ------- ------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Consumer Venture Associates, L.P. 06-1182942 - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) - ------- ------------------------------------------------------------------------ 3 SEC USE ONLY - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware limited partnership - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 5 SOLE VOTING POWER NUMBER OF --0--shares ----- ------------------------------------------------ ----- ------------------------------------------------ SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY --0--shares ----- ------------------------------------------------ ----- ------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON --0--shares ----- ------------------------------------------------ ----- ------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER --0--shares - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON --0--shares - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * PN - ------- ------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 11 Pages - -------------------------------------------------------------------------------- CUSIP No. 694873100 13G Page 4 of 11 Pages ------------ ----- ------ - -------------------------------------------------------------------------------- - ------- ------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Pearson C. Cummin III - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) - ------- ------------------------------------------------------------------------ 3 SEC USE ONLY - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 5 SOLE VOTING POWER NUMBER OF 23,392 shares ----- ------------------------------------------------ ----- ------------------------------------------------ SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY --0--shares ----- ------------------------------------------------ ----- ------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 23,392 shares ----- ------------------------------------------------ ----- ------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER --0--shares - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON --0--shares - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.29% - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN - ------- ------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 11 Pages - -------------------------------------------------------------------------------- CUSIP No. 694873100 13G Page 5 of 11 Pages ------------ ----- ------ - -------------------------------------------------------------------------------- - ------- ------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Christopher P. Kirchen - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) - ------- ------------------------------------------------------------------------ 3 SEC USE ONLY - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 5 SOLE VOTING POWER NUMBER OF --0--shares ----- ------------------------------------------------ ----- ------------------------------------------------ SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY --0--shares ----- ------------------------------------------------ ----- ------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON --0-- shares ----- ------------------------------------------------ ----- ------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER --0--shares - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON --0--shares - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN - ------- ------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 5 of 11 Pages ITEM 1 (A). NAME OF ISSUER: Pacific Sunwear of California, Inc. ITEM 1 (B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 5037 East Hunter Avenue, Anaheim, California 92807 ITEM 2 (A). NAME OF PERSONS FILING: Consumer Venture Partners, L.P. ("Consumer"), Consumer Venture Associates, L.P. ("CVA"), Pearson C. Cummin III ("Cummin") and Christopher P. Kirchen ("Kirchen"). Cummin and Kirchen are the general partners of CVA, the sole general partner of Consumer. ITEM 2 (B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the principal business office of each of Consumer, CVA, Cummin and Kirchen is c/o Consumer Venture Group, Inc., Three Pickwick Plaza, Greenwich, CT 06830. ITEM 2 (C). CITIZENSHIP: Messrs. Cummin and Kirchen are United States citizens. Consumer and CVA are limited partnerships organized under the laws of the State of Delaware. ITEM 2 (D). TITLE OF CLASS OF SECURITIES: Common Stock, $.01 par value. ITEM 2 (E). CUSIP NUMBER 694873100 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B) OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or Dealer registered under Section 15 of the Securities Exchange Act of 1934 (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 Advisor registered under Section 203 or the Investment Advisors Act of 1940. (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 Rule 13d-1(b)(1)(ii)(F) of the Act. Page 6 of 11 Pages (g) [ ] Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G) of the Act. (h) [ ] Group, in accordance with Rule 13a-1(b)(1)(ii)(H) of the Act. NOT APPLICABLE ITEM 4. OWNERSHIP: (a) Amount Beneficially Owned: Consumer owns beneficially and of record -0- shares of Common Stock of Pacific Sunwear of California, Inc., as of December 31, 1996. CVA, the general partner of Consumer, may be deemed to own beneficially the -0- shares of Common Stock held by Consumer as of December 31, 1996. Cummin and Kirchen are general partners of CVA and therefore may be deemed to own beneficially the -0- shares held by Consumer as of December 31, 1996. Cummin owns beneficially and of record 20,206 shares of Common Stock of Pacific Sunwear of California, Inc. as of December 31, 1996 and options to purchase an aggregate 13,500 shares of Common Stock of Pacific Sunwear of California, Inc., of which 3,186 shares are exercisable within 60 days of December 31, 1996. (b) Percent of Class: Each of Consumer, CVA and Kirchen owns beneficially 0.0% of the Common Stock of Pacific Sunwear of California, Inc. Cummin owns beneficially 0.29% of the Common Stock of Pacific Sunwear of California, Inc. The percentages are based on the 8,083,777 shares of Common Stock reported to be outstanding on December 6, 1996 in the Pacific Sunwear of California, Inc. Quarterly Report on Form 10-Q for the quarter ended November 3, 1996. (c) Number of Shares as to which such person has: (i) sole power to vote or direct the vote: Consumer: 0; CVA: 0; Cummin: 23,392; and Kirchen: 0. (ii) shared power to vote or to direct the vote: Consumer: 0; CVA: 0; Cummin: 0; and Kirchen: 0. (iii) sole power to dispose or to direct the disposition of: Consumer: 0; CVA: 0; Cummin: 23,392; and Kirchen: 0. (iv) shared power to dispose or to direct the disposition of: Consumer: 0; CVA: 0; Cummin: 0; and Kirchen: 0. ITEM (5). OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: This statement is being filed to report the fact that as of the date hereof the reporting persons have ceased to be the beneficial owners of more than five percent of the common stock. ITEM (6). OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: NOT APPLICABLE. Page 7 of 11 Pages ITEM (7). IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT COMPANY: NOT APPLICABLE. ITEM (8). IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: NOT APPLICABLE. ITEM (9). NOTICE OF DISSOLUTION OF GROUP: NOT APPLICABLE. ITEM (10). CERTIFICATION: NOT APPLICABLE. Not filed pursuant to Rule 13d-1(b). Page 8 of 11 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. Dated: February 14, 1997 CONSUMER VENTURE PARTNERS, L.P. By: Consumer Venture Associates, L.P. By: /s/Pearson C. Cummin III --------------------------- Pearson C. Cummin III General Partner CONSUMER VENTURE ASSOCIATES, L.P. By: /s/Pearson C. Cummin III ----------------------------- Pearson C. Cummin III General Partner /s/ Pearson C. Cummin III ----------------------------- Pearson C. Cummin III * ----------------------------- Christopher P. Kirchen *By: /s/Pearson C. Cummin III ---------------------------- Pearson C. Cummin III Attorney-in-Fact - -------------------------------------------------------------------------------- This Schedule 13G was executed by Pearson C. Cummin III pursuant to Powers of Attorney filed with the Securities and Exchange Commission on February 16, 1993, in connection with a Schedule 13G for Natural Wonders, Inc. which Powers of Attorney are incorporated herein by reference and copies of which are attached hereto as Exhibit II. Page 9 of 11 pages EXHIBIT I Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required on Schedule 13G need be filed with respect to ownership by each of the undersigned of shares of Common Stock of Pacific Sunwear of California, Inc. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original. Dated: February 14, 1997 CONSUMER VENTURE PARTNERS, L.P. By: Consumer Venture Associates, L.P. By: /s/Pearson C. Cummin II -------------------------- Pearson C. Cummin III General Partner CONSUMER VENTURE ASSOCIATES, L.P. By: /s/Pearson C. Cummin III ---------------------------- Pearson C. Cummin III General Partner /s/Pearson C. Cummin III ---------------------------- Pearson C. Cummin III * ---------------------------- Christopher P. Kirchen *By: /s/Pearson C. Cummin III ----------------------------- Pearson C. Cummin III Attorney-in-Fact - -------------------------------------------------------------------------------- This Agreement was executed by Pearson C. Cummin III pursuant to Powers of Attorney filed with the Securities and Exchange Commission on February 16, 1993, in connection with a Schedule 13G for Natural Wonders, Inc., which Powers of Attorney are incorporated herein by reference and copies of which are attached hereto as Exhibit II. Page 10 of 11 pages EXHIBIT II POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints Pearson C. Cummin III and Christopher P. Kirchen, and each of them, with full power to act without the other, his true and lawful attorney-in-fact, with full power of substitution, to sign any and all instruments, certificates and documents that may be necessary, desirable or appropriate to be executed on behalf of himself as an individual or in his capacity as a general partner of any partnership, pursuant to section 13 or 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any and all regulations promulgated thereunder, and to file the same, with all exhibits thereto, and any other documents in connection therewith, with the Securities and Exchange Commission, and with any other entity when and if such is mandated by the Exchange Act or by the By-laws of the National Association of Securities Dealers, Inc., granting unto said attorney-in-fact full power and authority to do and perform each and every act and thing necessary, desirable or appropriate, fully to all intents and purposes as he might or could do in person, thereby ratifying and confirming all that said attorney-in-fact, or his substitutes, may lawfully do or cause to be done by virtue hereof. IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 10th day of February, 1993. /s/ Pearson C. Cummin III -------------------------- Pearson C. Cummin III /s/ G. Clinton Merrick -------------------------- G. Clinton Merrick /s/ Christopher P. Kirchen -------------------------- Christopher P. Kirchen Page 11 of 11 pages -----END PRIVACY-ENHANCED MESSAGE-----