-----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, MAsS1AiAuCKVCA65KYF+2jAx7DUW7kV9WtMU11m3Zr/7aSec5oltI0AhODiW1aUx Cpx1eebIKhT8ZEj5tytLIg== 0000936392-98-000253.txt : 19980218 0000936392-98-000253.hdr.sgml : 19980218 ACCESSION NUMBER: 0000936392-98-000253 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980217 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HOT TOPIC INC /CA/ CENTRAL INDEX KEY: 0001017712 STANDARD INDUSTRIAL CLASSIFICATION: OPTICAL INSTRUMENTS & LENSES [3827] IRS NUMBER: 770198182 STATE OF INCORPORATION: CA FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-48895 FILM NUMBER: 98541538 BUSINESS ADDRESS: STREET 1: 3410 POMONA BLVD CITY: POMONA STATE: CA ZIP: 91768 MAIL ADDRESS: STREET 1: 3410 POMONA BLVD CITY: POMONA STATE: CA ZIP: 91768 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SORRENTO VENTURES II LP CENTRAL INDEX KEY: 0000881970 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 4370LA JOLLA VILLAGE DR STREET 2: STE 1040 CITY: SAN DIEGO STATE: CA ZIP: 92122 BUSINESS PHONE: 6194523100 MAIL ADDRESS: STREET 1: 4370 LA JOLLA VILLAGE DR STREET 2: STE 1040 CITY: SAN DIEGO STATE: CA ZIP: 92122 SC 13G/A 1 SCHEUDLE 13G/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* ---------------------------- Hot Topic, Inc. (Name of Issuer) Common Stock ---------------------------- (Title of Class of Securities) 441339 10 8 ---------------------------- (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). FILED FEBRUARY 17, 1998 (REFLECTING OWNERSHIP AS OF 12/31/97) Page 1 of 11 Pages 2 - --------------------------- ------------------------- CUSIP NO.441339 10 8 13G PAGE 2 OF 11 PAGES - --------------------------- ------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS SORRENTO VENTURES II, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION STATE OF CALIFORNIA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 287,669 SHARES ------------------------------------------------ BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH REPORTING PERSON -0- WITH ------------------------------------------------ 7 SOLE DISPOSITIVE POWER 287,669 ------------------------------------------------ 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 287,669 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.03% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- Page 2 of 11 Pages 3 - --------------------------- ------------------------- CUSIP NO.441339 10 8 13G PAGE 3 OF 11 PAGES - --------------------------- ------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS SORRENTO VENTURES IIB, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION STATE OF CALIFORNIA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 141,419 SHARES ------------------------------------------------ BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH REPORTING PERSON -0- WITH ------------------------------------------------ 7 SOLE DISPOSITIVE POWER 141,419 ------------------------------------------------ 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 141,419 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.97% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- Page 3 of 11 Pages 4 - --------------------------- ------------------------- CUSIP NO.441339 10 8 13G PAGE 4 OF 11 PAGES - --------------------------- ------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS SORRENTO ASSOCIATES, 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 STATE OF CALIFORNIA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 1,981 SHARES ------------------------------------------------ BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH REPORTING PERSON WITH ------------------------------------------------ 7 SOLE DISPOSITIVE POWER 1,981 ------------------------------------------------ 8 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.004% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Page 4 of 11 Pages 5 - --------------------------- ------------------------- CUSIP NO.441339 10 8 13G PAGE 5 OF 11 PAGES - --------------------------- ------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS SORRENTO EQUITY PARTNERS, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION STATE OF CALIFORNIA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ------------------------------------------------ BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH REPORTING PERSON 287,669 WITH ------------------------------------------------ 7 SOLE DISPOSITIVE POWER -0- ------------------------------------------------ 8 SHARED DISPOSITIVE POWER 287,669 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 287,669 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.03% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Page 5 of 11 Pages 6 - --------------------------- ------------------------- CUSIP NO.441339 10 8 13G PAGE 6 OF 11 PAGES - --------------------------- ------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS SORRENTO EQUITY PARTNERS II, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION STATE OF CALIFORNIA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ------------------------------------------------ BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH REPORTING PERSON 141,419 WITH ------------------------------------------------ 7 SOLE DISPOSITIVE POWER -0- ------------------------------------------------ 8 SHARED DISPOSITIVE POWER 141,419 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 141,419 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.97% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Page 6 of 11 Pages 7 - --------------------------- ------------------------- CUSIP NO.441339 10 8 13G PAGE 7 OF 11 PAGES - --------------------------- ------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS ROBERT M. JAFFE TRUST, DATED 10/08/90 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION STATE OF CALIFORNIA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 37,211 SHARES ------------------------------------------------ BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH REPORTING PERSON WITH ------------------------------------------------ 7 SOLE DISPOSITIVE POWER 37,211 ------------------------------------------------ 8 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 37,211 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.08% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- ITEM 1. Page 7 of 11 Pages 8 ITEM 1. (a) Name of Issuer: HOT TOPIC, INC. (b) Address of Issuer's Principal Executive Officers: 3410 POMONA BOULEVARD POMONA, CA 91766 ITEM 2. (a) Name of Person Filing: SORRENTO VENTURES II, L.P. SORRENTO VENTURES IIB, L.P. SORRENTO ASSOCIATES, INC., THE GENERAL PARTNER OF SORRENTO VENTURES SORRENTO EQUITY PARTNERS, L.P., THE GENERAL PARTNER OF SORRENTO VENTURES II, L.P. SORRENTO EQUITY PARTNERS II, L.P., THE GENERAL PARTNER OF SORRENTO VENTURES IIB, L.P. ROBERT M. JAFFE TRUST, DATED 10/08/90 (b) Address of Principal Business Office or, if none, Residence: 4370 LA JOLLA VILLAGE DRIVE, STE. 1040 SAN DIEGO, CA 92122 (FOR EACH OF THE ABOVE ENTITIES) (c) Place of Organization: STATE OF CALIFORNIA (FOR EACH OF THE ABOVE ENTITIES) (d) Title of Class of Securities: COMMON STOCK (e) CUSIP Number: 441339 10 8 ITEM 3. NOT APPLICABLE. ITEM 4. OWNERSHIP. (a) Amount Beneficially Owned: As of December 31, 1997, each of the following is the owner of record of the number of shares of Common Stock set forth next to its name:
SHARES OPTIONS ------- ------- SORRENTO VENTURES II, L.P.: 281,409 6,260 SORRENTO VENTURES IIB, L.P.: 141,304 115 SORRENTO ASSOCIATES, INC.: 1,981 -0- SORRENTO EQUITY PARTNERS, L.P.: 281,409 6,260 SORRENTO EQUITY PARTNERS II, L.P.: 141,304 115 ROBERT M. JAFFE TRUST, DATED 10/08/90 37,211 -0- (b) Percent of Class: SORRENTO VENTURES II, L.P.: 6.03% SORRENTO VENTURES IIB, L.P.: 2.97% SORRENTO ASSOCIATES, INC.: 0.004% SORRENTO EQUITY PARTNERS, L.P.: 6.03% SORRENTO EQUITY PARTNERS II, L.P.: 2.97% ROBERT M. JAFFE TRUST, DATED 10/08/90 0.08%
Page 8 of 11 Pages 9 (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: SORRENTO VENTURES II, L.P.: 287,669 SORRENTO VENTURES IIB, L.P.: 141,410 SORRENTO ASSOCIATES, INC.: 1,981 SORRENTO EQUITY PARTNERS, L.P.: -0- SORRENTO EQUITY PARTNERS II, L.P.: -0- ROBERT M. JAFFE TRUST, DATED 10/08/90 37,211 (ii) shared power to vote or to direct the vote: SORRENTO VENTURES II, L.P.: -0- SORRENTO VENTURES IIB, L.P.: -0- SORRENTO ASSOCIATES, INC.: -0- SORRENTO EQUITY PARTNERS, L.P.: 287,669 SORRENTO EQUITY PARTNERS II, L.P.: 141,410 ROBERT M. JAFFE TRUST, DATED 10/08/90 -0- (iii) sole power to dispose or to direct the disposition of: SORRENTO VENTURES II, L.P.: 287,669 SORRENTO VENTURES IIB, L.P.: 141,410 SORRENTO ASSOCIATES, INC.: 1,981 SORRENTO EQUITY PARTNERS, L.P.: -0- SORRENTO EQUITY PARTNERS II, L.P.: -0- ROBERT M. JAFFE TRUST, DATED 10/08/90 37,211 (iv) shared power to dispose or to direct the disposition of: SORRENTO VENTURES II, L.P.: 287,459 SORRENTO VENTURES IIB, L.P.: 141,304 SORRENTO ASSOCIATES, INC.: -0- SORRENTO EQUITY PARTNERS, L.P.: 287,669 SORRENTO EQUITY PARTNERS II, L.P.: 141,410 ROBERT M. JAFFE TRUST, DATED 10/08/90 -0-
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS NOT APPLICABLE. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON NOT APPLICABLE. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. NOT APPLICABLE. Page 9 of 11 Pages 10 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 EXHIBIT A: Joint Filing Statement 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. Date: February 17, 1998 ------------------------------- SORRENTO VENTURES II, L.P. SORRENTO VENTURES IIB, L.P. By: Its General Partner, By: Its General Partner Sorrento Equity Partners L.P. Sorrento Equity Partners II, L.P. By: /s/ Robert M. Jaffe By: /s/ Robert M. Jaffe ----------------------------------- --------------------------------- President, Sorrento Associates, Inc. President, Sorrento Associates, Inc. - --------------------------------------- ------------------------------------- Name/Title Name/Title SORRENTO ASSOCIATES, INC. ROBERT M. JAFFE TRUST, DATED 10/08/90 By: /s/ Robert M. Jaffe By: /s/ Robert M. Jaffe ----------------------------------- --------------------------------- President Trustee - --------------------------------------- ------------------------------------- Name/Title Name/Title SORRENTO EQUITY PARTNERS, L.P. SORRENTO EQUITY PARTNERS II, L.P. By: Its General Partner By: Its General Partner Sorrento Associates, Inc. Sorrento Associates, Inc. By: /s/ Robert M. Jaffe By: /s/ Robert M. Jaffe ----------------------------------- --------------------------------- President, Sorrento Associates, Inc. President, Sorrento Associates, Inc. - --------------------------------------- ------------------------------------- Name/Title Name/Title Page 10 of 11 Pages 11 EXHIBIT A JOINT FILING STATEMENT Pursuant to Rule 13d-1(f)(1), we, the undersigned, hereby express our agreement that the attached Schedule 13G is filed on behalf of each of us. Date: February 17, 1998 ------------------------------- SORRENTO VENTURES II, L.P. SORRENTO VENTURES IIB, L.P. By: Its General Partner, By: Its General Partner Sorrento Equity Partners L.P. Sorrento Equity Partners II, L.P. By: /s/ Robert M. Jaffe By: /s/ Robert M. Jaffe ----------------------------------- --------------------------------- President, Sorrento Associates, Inc. President, Sorrento Associates, Inc. - --------------------------------------- ------------------------------------- Name/Title Name/Title SORRENTO ASSOCIATES, INC. ROBERT M. JAFFE TRUST, DATED 10/08/90 By: /s/ Robert M. Jaffe By: /s/ Robert M. Jaffe ----------------------------------- --------------------------------- President Trustee - --------------------------------------- ------------------------------------- Name/Title Name/Title SORRENTO EQUITY PARTNERS, L.P. SORRENTO EQUITY PARTNERS II, L.P. By: Its General Partner By: Its General Partner Sorrento Associates, Inc. Sorrento Associates, Inc. By: /s/ Robert M. Jaffe By: /s/ Robert M. Jaffe ----------------------------------- --------------------------------- President, Sorrento Associates, Inc. President, Sorrento Associates, Inc. - --------------------------------------- ------------------------------------- Name/Title Name/Title Page 11 of 11 Pages -----END PRIVACY-ENHANCED MESSAGE-----