-----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, S1b0OCeNcXM8HAJqKizZAARCWlouQ2hDwm7yGQH2Sn6lePJWyQ5JZNxf+cSnDzqI CU/FS8TWdMdVTDan9S7ovw== 0000935836-98-000002.txt : 19980105 0000935836-98-000002.hdr.sgml : 19980105 ACCESSION NUMBER: 0000935836-98-000002 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980102 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PYRAMID BREWERIES INC CENTRAL INDEX KEY: 0001001917 STANDARD INDUSTRIAL CLASSIFICATION: MALT BEVERAGES [2082] IRS NUMBER: 911258355 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-52153 FILM NUMBER: 98500370 BUSINESS ADDRESS: STREET 1: 91 SOUTH ROYAL BROUGHAM WAY CITY: SEATTLE STATE: WA ZIP: 98134 BUSINESS PHONE: 2066828322 MAIL ADDRESS: STREET 1: 91 S ROYAL BROUGHAM WAY CITY: SEATTLE STATE: WA ZIP: 98134 FORMER COMPANY: FORMER CONFORMED NAME: HART BREWING INC DATE OF NAME CHANGE: 19951006 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BROOKHAVEN CAPITAL MANAGEMENT CO LTD CENTRAL INDEX KEY: 0000932704 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 3000 SANDHILL RD STREET 2: BLDG 3 SUITE 105 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 4158545544 MAIL ADDRESS: STREET 1: 3000 SANDHILL ROAD SUITE 105 STREET 2: BLDG 3 CITY: MELO PARK STATE: CA ZIP: 94025 SC 13D 1 OMB APPROVAL OMB Number:3235-0145 Expires: December 31, 1997 Estimated average burden hours per form 14.90 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 Pyramid Breweries Inc. (Name of Issuer) Common Stock - --------------------------------------------------------------------------- (Title of Class of Securities) 747135101 (CUSIP Number) Carolyn S. Reiser, Esq. Shartsis Friese & Ginsburg One Maritime Plaza, 18th Floor San Francisco, CA 94111 (415) 421-6500 - --------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 13, 1997 (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 the statement . (A fee is not required only if the reporting 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 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 ("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). SEC 1746 (12-91) SCHEDULE 13D CUSIP No. 747135101 Page 2 of 17 Pages - --------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON Brookhaven Capital Management Co., Ltd. - --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/ (b) / / - --------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF and WC - --------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) / / - --------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - --------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 25,500 BENEFICIALLY -------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 402,425 REPORTING -------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 25,500 -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 402,425 - --------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 427,925 - --------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - --------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.2% - --------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO and IA - --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 747135101 Page 3 of 17 Pages - --------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON Brookhaven Capital Management, LLC - --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/ (b) / / - --------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF and WC - --------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) / / - --------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION California - --------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 152,700 REPORTING -------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 152,700 - --------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 152,700 - --------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - --------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.9% - --------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO and IA - --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 747135101 Page 4 of 17 Pages - --------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON Piton Partners, L.P. - --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/ (b) / / - --------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - --------------------------------------------------------------------------- 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 -------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 48,500 REPORTING -------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 48,500 - --------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 48,500 - --------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - --------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.6% - --------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 747135101 Page 5 of 17 Pages - --------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON Vincent A. Carrino - --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/ (b) / / - --------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - --------------------------------------------------------------------------- 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 - --------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 41,400 BENEFICIALLY -------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 288,700 REPORTING -------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 41,400 -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 288,700 - --------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 330,100 - --------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - --------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.0% - --------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 747135101 Page 6 of 17 Pages - --------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON Cadence Fund, L.P. - --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/ (b) / / - --------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - --------------------------------------------------------------------------- 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 -------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH -0- REPORTING -------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER 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* PN - --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 747135101 Page 7 of 17 Pages - --------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON Watershed Partners, L.P. - --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/ (b) / / - --------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - --------------------------------------------------------------------------- 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 -------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 136,000 REPORTING -------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH -0- -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 136,000 - --------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 136,000 - --------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - --------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.7% - --------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 747135101 Page 8 of 17 Pages - --------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON Focused Capital Partners, L.P. - --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/ (b) / / - --------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - --------------------------------------------------------------------------- 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 -------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH -0- REPORTING -------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER 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* PN - --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 747135101 Page 9 of 17 Pages - --------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON Daniel R. Coleman - --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/ (b) / / - --------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - --------------------------------------------------------------------------- 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 - --------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES -0- BENEFICIALLY -------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 136,000 REPORTING -------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH -0- -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 136,000 - --------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 136,000 - --------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - --------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.7% - --------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 747135101 Page 10 of 17 Pages ITEM 1. SECURITY AND ISSUER. This statement relates to shares of Common Stock (the "Stock") of Pyramid Breweries Inc. ("PBI"). The principal executive office of PBI is located at 91 So. Royal Brougham Way, Seattle, Washington 98134. ITEM 2. IDENTITY AND BACKGROUND. The persons filing this statement and the persons enumerated in Instruction C of Schedule 13D and, where applicable, their respective places of organization, general partners, directors, executive officers and controlling persons, and the information regarding them, are as follows: (a) Focused Capital Partners, L.P., a Delaware limited partnership ("FCP") (formerly called Brookhaven Partners, L.P.); Cadence Fund, L.P., a Delaware limited partnership ("CF"); Watershed Partners, L.P., a Delaware limited partnership ("WP"); Brookhaven Capital Management Co., Ltd., a New York corporation ("BCM"); Brookhaven Capital Management, LLC, a California limited liability company ("LLC"); Piton Partners, L.P., a Delaware limited partnership ("Piton"); Skye Investment Advisors, LLC, a Delaware limited liability company ("Skye"); Skye Investments, Inc., a Nevada corporation ("SII"); Vincent A. Carrino ("Carrino"); Daniel R. Coleman ("Coleman"); Paul L. McEntire ("McEntire"); and Robert W. Lishman ("Lishman"). (b) The business address of BCM, LLC, Piton, FCP, CF, WP and Carrino is 3000 Sandhill Road, Building 3, Suite 105, Menlo Park, California 94025. The business address of Coleman is 500 108th Avenue NE, Suite 380, Bellevue, Washington 98004. The business address of Skye, McEntire and Lishman is 985 University Avenue, Suite 26, Los Gatos, CA 95032. The business address of SII is P.O. Box 12305, Zephyr Cove, NV 89448. (c) BCM is an investment adviser to various accounts, including FCP, CF and WP, which are investment limited partnerships. Carrino and Coleman are the general partners of FCP, CF and WP. Carrino is the sole director and president of BCM. Piton is an investment limited partnership. LLC is a general partner of Piton and an investment adviser to Piton and another account. Carrino is the sole Manager and the majority member of LLC. Skye is an investment adviser and the other general partner of Piton. SII is the manager and majority member of Skye. McEntire is Chairman and Managing Director of Skye and Chairman, CEO and Director of SII. Lishman is a Director of Skye. (d) During the last five years, none of such persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years, none of such persons was 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 SCHEDULE 13D CUSIP No. 747135101 Page 11 of 17 Pages prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Carrino, Coleman, McEntire, and Lishman are citizens of the United States of America. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The source and amount of funds used in purchasing the Stock were as follows: Purchaser Source of Funds Amount BCM Working Capital $ 72,852.00 BCM Funds Under Management(1) $1,262,402.90 WP Working Capital $ 426,962.90 Carrino Funds Under Management $1,012,661.60 Coleman Funds Under Management $ 426,962.90 LLC Funds Under Management(2) $ 449,096.70 Piton Working Capital $ 140,154.00 (1) Includes funds of WP invested in Stock. (2) Includes funds of Piton invested in Stock. ITEM 4. PURPOSE OF TRANSACTION. The principal purpose of the acquisitions of Stock reported herein is investment. Except as described below, the persons named in Item 2 of this statement have no plans or proposals that relate to or would result in: (a) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving PBI or any of its subsidiaries; (b) A sale or transfer of a material amount of assets of PBI or of any of its subsidiaries; (c) Any change in the present board of directors or management of PBI, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (d) Any material change in the present capitalization or dividend policy of PBI; (e) Any other material change in PBI's business or corporate structure; (f) Changes in PBI's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of PBI by any person; SCHEDULE 13D CUSIP No. 747135101 Page 12 of 17 Pages (g) Causing a class of securities of PBI to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter- dealer quotation system of a registered national securities association; (h) A class of equity securities of PBI becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, as amended; or (i) Any action similar to any of those enumerated above. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. The beneficial ownership of the Stock of the persons named in Item 2 of this statement is as follows at the date hereof: Aggregate Beneficially Owned Voting Power Dispositive Power Name Number Percent Sole Shared Sole Shared BCM 427,925 5.2% 25,500 402,425 25,500 402,425 CF -0- 0% 0 -0- 0 -0- WP 136,000 1.7% 0 136,000 0 136,000 FCP -0- 0% 0 -0- 0 -0- Carrino 330,100 4.0% 41,400 288,700 41,400 288,700 Coleman 136,000 1.7% 0 136,000 0 136,000 LLC 152,700 1.9% 0 152,700 0 152,700 Piton 48,500 0.6% 0 48,500 0 48,500 SCHEDULE 13D CUSIP No. 747135101 Page 13 of 17 Pages The persons filing this statement effected the following transactions in the Stock on the dates indicated, and such transactions are the only transactions by the persons filing this statement in the Stock since August 13, 1997. Purchase Number Price Name or Sale Date of Shares Per Share BCM P 8/25/97 19,000 2.7798 WP P 8/25/97 22,500 2.7500 LLC P 8/25/97 50,000 2.7500 BCM P 8/25/97 25,000 2.7500 BCM P 8/26/97 5,000 2.8754 BCM P 9/2/97 1,500 2.7513 WP P 9/3/97 3,500 3.0000 BCM P 9/10/97 12,000 3.0000 BCM P 9/11/97 5,025 3.0000 LLC P 9/12/97 10,000 3.1250 WP P 9/12/97 10,000 3.1250 BCM P 9/12/97 30,000 3.1250 LLC P 9/16/97 10,000 3.0625 BCM P 9/16/97 18,500 3.0625 BCM P 9/30/97 16,000 3.0625 WP P 9/30/97 15,000 3.0000 LLC P 9/30/97 10,000 3.0000 BCM P 9/30/97 10,000 3.0000 LLC P 10/1/97 5,000 3.1250 CARRINO P 10/1/97 15,000 3.1543 CARRINO P 10/2/97 5,000 3.2088 CARRINO P 10/2/97 10,000 3.2083 LLC P 10/2/97 4,200 2.8750 CARRINO P 10/13/97 7,000 3.1723 BCM P 10/13/97 12,000 3.1719 LLC P 10/13/97 13,000 3.1719 BCM P 10/14/97 8,500 3.0625 CARRINO P 10/15/97 4,400 3.2280 LLC P 10/15/97 17,000 3.2275 BCM P 10/15/97 3,000 3.1875 BCM P 10/16/97 19,000 3.1250 WP P 10/16/97 6,000 3.1250 LLC P 10/23/97 1,000 3.0000 LLC P 10/23/97 1,000 3.0625 LLC P 10/23/97 5,000 3.1013 BCM P 10/27/97 8,000 3.0000 BCM P 10/30/97 2,000 2.6875 BCM P 10/31/97 16,000 2.8125 SCHEDULE 13D CUSIP No. 747135101 Page 14 of 17 Pages Purchase Number Price Name or Sale Date of Shares Per Share LLC P 10/31/97 16,000 2.8125 LLC P 10/31/97 75,000 3.0000 WP P 11/17/97 20,000 2.7469 BCM P 11/19/97 5,400 2.8750 BCM P 11/21/97 5,000 2.8750 LLC P 12/3/97 20,000 2.5000 SCHEDULE 13D CUSIP No. 747135101 Page 15 of 17 Pages ITEM. 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Carrino and Coleman are the general partners of FCP, CF and WP pursuant to limited partnership agreements providing to Carrino and Coleman the authority, among other things, to invest the funds of FCP, CF and WP in Stock, to vote and dispose of Stock and to file this statement on behalf of FCP, CF and WP. Pursuant to such limited partnership agreements, the general partners of FCP, CF and WP are entitled to allocations based on assets under management and realized and unrealized gains. LLC is a general partner of Piton pursuant to a limited partnership agreement providing to LLC the authority, among other things, to invest the funds of Piton in Stock. Pursuant to such limited partnership agreement, the general partners of Piton are entitled to allocations based on assets under management and realized and unrealized gains. Pursuant to investment management agreements, BCM and LLC are authorized, among other things, to invest funds of their various investment advisory clients, and to vote and dispose of those securities. Such investment management agreements may be terminated by either party on notice as provided in such agreements and provide for fees payable to BCM and LLC based on assets under management and realized and unrealized gains. Carrino is authorized by various individuals and entities to invest funds of those individuals and entities and to vote and dispose of those securities. Carrino does not receive any fees for such activities. SCHEDULE 13D CUSIP No. 747135101 Page 16 of 17 Pages ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. A. Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G (including power of attorney). SIGNATURES After reasonable inquiry and to the best of my knowledge, I certify that the information set forth in this statement is true, complete and correct. DATED: January 2, 1998 FOCUSED CAPITAL PARTNERS, L.P. CADENCE FUND, L.P. /s/ Vincent A. Carrino /s/ Vincent A. Carrino By: _______________________ By: ________________________ Vincent A. Carrino Vincent A. Carrino General Partner General Partner BROOKHAVEN CAPITAL MANAGEMENT CO., LTD. /s/ Vincent A. Carrino /s/ Vincent A. Carrino By: _______________________ _____________________________ Vincent A. Carrino Vincent A. Carrino President DANIEL R. COLEMAN WATERSHED PARTNERS, L.P. By: Brookhaven Capital Co., Ltd., Attorney-in-Fact /s/ Vincent A. Carrino /s/ Vincent A. Carrino By: _______________________ By: ______________________ Vincent A. Carrino Vincent A. Carrino General Partner President BROOKHAVEN CAPITAL MANAGEMENT, LCC PITON PARTNERS, L.P. By: Brookhaven Capital Management, LLC /s/ Vincent A. Carrino /s/ Vincent A. Carrino By: _______________________ By: ______________________ Vincent A. Carrino Vincent A. Carrino Manager Manager SCHEDULE 13D CUSIP No. 747135101 Page 17 of 17 Pages EXHIBIT A AGREEMENT REGARDING JOINT FILING OF STATEMENT ON SCHEDULE 13D OR 13G The undersigned agree to file jointly with the Securities and Exchange Commission (the "SEC") any and all statements on Schedule 13D or Schedule 13G (and any amendments or supplements thereto) required under section 13(d) of the Securities Exchange Act of 1934, as amended, in connection with purchases by the undersigned of Common Stock of Pyramid Breweries Inc. For that purpose, the undersigned hereby constitute and appoint Brookhaven Capital Management Co., Ltd., a New York corporation, as their true and lawful agent and attorney-in-fact, with full power and authority for and on behalf of the undersigned to prepare or cause to be prepared, sign, file with the SEC and furnish to any other person all certificates, instruments, agreements and documents necessary to comply with said section 13(d) in connection with said purchases, and to do and perform every act necessary and proper to be done incident to the exercise of the foregoing power, as fully as the undersigned might or could do if personally present. DATED: January 2, 1998 BROOKHAVEN PARTNERS, L.P. CADENCE FUND, L.P. /s/ Vincent A. Carrino /s/ Vincent A. Carrino By: _______________________ By: ________________________ Vincent A. Carrino Vincent A. Carrino General Partner General Partner BROOKHAVEN CAPITAL MANAGEMENT CO., LTD. /s/ Vincent A. Carrino /s/ Vincent A. Carrino By: _______________________ _____________________________ Vincent A. Carrino Vincent A. Carrino President DANIEL R. COLEMAN WATERSHED PARTNERS, L.P. By: Brookhaven Capital Management Co., Ltd., Attorney-in-Fact /s/ Vincent A. Carrino /s/ Vincent A. Carrino By: _______________________ By: ______________________ Vincent A. Carrino Vincent A. Carrino General Partner President BROOKHAVEN CAPITAL MANAGEMENT, LCC PITON PARTNERS, L.P. By: Brookhaven Capital Management, LLC /s/ Vincent A. Carrino /s/ Vincent A. Carrino By: _______________________ By: ______________________ Vincent A. Carrino Vincent A. Carrino Manager Manager C:\DMS\4193\013\0245316.WP -----END PRIVACY-ENHANCED MESSAGE-----