-----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, Q5CO9uJyhyJSuMaEkpjmiI/oYo4X5JkIwFcRSKHVxEV1lPxRH6iwTA8U+zMus4kP areQqJdjckDG9S45mSAXWw== 0001104659-03-002445.txt : 20030214 0001104659-03-002445.hdr.sgml : 20030214 20030214133511 ACCESSION NUMBER: 0001104659-03-002445 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SRS LABS INC CENTRAL INDEX KEY: 0001016470 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 330714264 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49103 FILM NUMBER: 03565626 BUSINESS ADDRESS: STREET 1: 2909 DAIMIER ST CITY: SANTA ANA STATE: CA ZIP: 92705 BUSINESS PHONE: 9494421070 MAIL ADDRESS: STREET 1: 2909 DAIMLER ST CITY: SANTA ANA STATE: CA ZIP: 92705 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SEDMAK STEPHEN V CENTRAL INDEX KEY: 0001032003 IRS NUMBER: 195400577 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 22 HAWKRIDGE CITY: IRVINE STATE: CA ZIP: 92714 BUSINESS PHONE: 7144421070 MAIL ADDRESS: STREET 1: 22 HAWKRIDGE CITY: IRVINE STATE: CA ZIP: 92714 SC 13G/A 1 j7603_sc13ga.htm SC 13G/A

6SEC 1745
(02-02)


Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

 

UNITED STATES

OMB APPROVAL

 

SECURITIES AND EXCHANGE COMMISSION

OMB Number:
3235-0145

 

Washington, D.C. 20549

Expires: December 31, 2005

 

SCHEDULE 13G

Estimated average burden hours per response. . 11

 

Under the Securities Exchange Act of 1934
(Amendment No. 6)*

 

SRS Labs, Inc.

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

78464M 10 6

(CUSIP Number)

 

 

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[     ]

Rule 13d-1(b)

[     ]

Rule 13d-1(c)

[ X ]

Rule 13d-1(d)

 


*  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.  78464M 10 6

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Stephen V. Sedmak

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

[     ]

 

 

(b)

[     ]

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
U.S.A.

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
988,748

 

6.

Shared Voting Power
50,000

 

7.

Sole Dispositive Power
988,748

 

8.

Shared Dispositive Power
50,000

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,038,748

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  [     ]

 

 

11.

Percent of Class Represented by Amount in Row (9)
8.1%

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

 

2



 

Item 1.

 

(a)

Name of Issuer
SRS Labs, Inc.

 

(b)

Address of Issuer's Principal Executive Offices
2909 Daimler Street, Santa Ana, California 92705

 

Item 2.

 

(a)

Name of Person Filing
Stephen V. Sedmak

 

(b)

Address of Principal Business Office or, if none, Residence
SRS Labs, Inc.
2909 Daimler Street
Santa Ana, California 92705

 

(c)

Citizenship
U.S.A.

 

(d)

Title of Class of Securities
Common Stock

 

(e)

CUSIP Number
78464M 10 6

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

(a)

[  ]

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 

(b)

[  ]

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

(c)

[  ]

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

(d)

[  ]

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

 

(e)

[  ]

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 

(f)

[  ]

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

 

3



 

 

(g)

[  ]

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

 

(h)

[  ]

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

(i)

[  ]

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

(j)

[  ]

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

 

 

 

 

If this statement is filed pursuant to § 240.13d-1(c), check this box [  ].

 

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a)

Amount beneficially owned:    1,038,748

 

(b)

Percent of class:    8.1%

 

(c)

Number of shares as to which the person has:

 

 

(i)

Sole power to vote or to direct the vote    998,748

 

 

(ii)

Shared power to vote or to direct the vote    50,000

 

 

(iii)

Sole power to dispose or to direct the disposition of    998,748

 

 

(iv)

Shared power to dispose or to direct the disposition of    50,000

Stephen V. Sedmak’s beneficial ownership of the shares set forth above is subject to applicable community property laws.  The 1,038, 748 shares beneficially owned by Mr. Sedmak include 344,347 shares issuable upon exercise of stock options that vest on or before March 1, 2003.  The shares beneficially owned by Mr. Sedmak also include 50,000 shares held by his wife, Mary F. Sedmak, as custodian for their children, Jeffrey S. Sedmak (25,000 shares) and Sarah E. Sedmak (25,000 shares), who have the right to receive dividends from, and the proceeds from the sale of, such shares.

 

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.    [  ]

 

 

4



 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

 

Inapplicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

 

Inapplicable.

 

Item 8.

Identification and Classification of Members of the Group

 

Inapplicable.

 

Item 9.

Notice of Dissolution of Group

 

Inapplicable.

 

Item 10.

Certification

 

Inapplicable.

 

 

5



 

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.

 

 

February 13, 2003

 

Date

 


/s/  STEPHEN V. SEDMAK

 

Signature

 


Stephen V. Sedmak

 

Name/Title

 

 

6


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