-----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, JaRkcWGEkXjYyGKf7J0aGloH3LFoHzo0TVkAPQM6n+K/urAnMnnBKA2qd8j7xtwv mIOhZRsdG68O4DLDx6Z8Ig== 0001104659-06-041741.txt : 20060614 0001104659-06-041741.hdr.sgml : 20060614 20060614172148 ACCESSION NUMBER: 0001104659-06-041741 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060614 DATE AS OF CHANGE: 20060614 GROUP MEMBERS: MARC J. LEDER GROUP MEMBERS: RODGER R. KROUSE GROUP MEMBERS: SUN CAPITAL SECURITIES ADVISORS, LP GROUP MEMBERS: SUN CAPITAL SECURITIES FUND, L.P. GROUP MEMBERS: SUN CAPITAL SECURITIES OFFSHORE FUND, LTD. GROUP MEMBERS: SUN CAPITAL SECURITIES, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WILSONS THE LEATHER EXPERTS INC CENTRAL INDEX KEY: 0001016607 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 411839933 STATE OF INCORPORATION: MN FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-52481 FILM NUMBER: 06905521 BUSINESS ADDRESS: STREET 1: 7401 BOONE AVENUE NORTH STREET 2: ST LOUIS PARK CITY: BROOKLYN PARK STATE: MN ZIP: 55428 BUSINESS PHONE: 6123914000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SCSF Equities, LLC CENTRAL INDEX KEY: 0001358623 IRS NUMBER: 202978626 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 5200 TOWN CENTER CIRCLE STREET 2: SUITE 470 CITY: BOCA RATON STATE: FL ZIP: 33486 BUSINESS PHONE: (561) 394-0550 MAIL ADDRESS: STREET 1: 5200 TOWN CENTER CIRCLE STREET 2: SUITE 470 CITY: BOCA RATON STATE: FL ZIP: 33486 SC 13D/A 1 a06-13769_1sc13da.htm AMENDMENT

 

 

UNITED STATES

 

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

 

 

SCHEDULE 13D

 

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

 

Wilsons The Leather Experts Inc.

(Name of Issuer)

 

Common Stcok

(Title of Class of Securities)

 

972463103

(CUSIP Number)

 

Marc J. Leder
Rodger R. Krouse
Sun Capital Securities, LLC
5200 Town Center Circle, Suite 470
Boca Raton, Florida 33486
(561) 394-0550

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

June 13, 2006

(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 §240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7(b) for other parties to whom copies are to be sent.

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).

 



SCHEDULE 13D

CUSIP No. 972463103

 

 

1.

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

SCSF Equities, LLC

 

 

2.

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

 

 

(a)

 o

 

 

(b)

 x

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)

OO

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power

0 (See Item 5)

 

8.

Shared Voting Power 

2,993,538 (See Item 5)

 

9.

Sole Dispositive Power 

0 (See Item 5)

 

10.

Shared Dispositive Power

2,993,538 (See Item 5)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 

2,993,538 (See Item 5)

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

 

13.

Percent of Class Represented by Amount in Row (11) 

7.7%

 

 

14.

Type of Reporting Person (See Instructions)

PN

 



SCHEDULE 13D

CUSIP No. 972463103

 

 

1.

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

Sun Capital Securities Offshore Fund, Ltd.

 

 

2.

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

 

 

(a)

 o

 

 

(b)

 x

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)

OO

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization

Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power

0 (See Item 5)

 

8.

Shared Voting Power 

2,993,538 (See Item 5)

 

9.

Sole Dispositive Power 

0 (See Item 5)

 

10.

Shared Dispositive Power

2,993,538 (See Item 5)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 

2,993,538 (See Item 5)

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

 

13.

Percent of Class Represented by Amount in Row (11) 

7.7%

 

 

14.

Type of Reporting Person (See Instructions)

CO


 

SCHEDULE 13D

CUSIP No. 972463103

 

 

1.

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

Sun Capital Securities Fund, LP

 

 

2.

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

 

 

(a)

 o

 

 

(b)

 x

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)

OO

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power

0 (See Item 5)

 

8.

Shared Voting Power 

2,993,538 (See Item 5)

 

9.

Sole Dispositive Power 

0 (See Item 5)

 

10.

Shared Dispositive Power

2,993,538 (See Item 5)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 

2,993,538 (See Item 5)

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

 

13.

Percent of Class Represented by Amount in Row (11) 

7.7%

 

 

14.

Type of Reporting Person (See Instructions)

PN

 



 

SCHEDULE 13D

CUSIP No. 972463103

 

 

1.

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

Sun Capital Securities Advisors, LP

 

 

2.

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

 

 

(a)

 o

 

 

(b)

 x

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)

OO

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power

0 (See Item 5)

 

8.

Shared Voting Power 

2,993,538 (See Item 5)

 

9.

Sole Dispositive Power 

0 (See Item 5)

 

10.

Shared Dispositive Power

2,993,538 (See Item 5)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 

2,993,538 (See Item 5)

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

 

13.

Percent of Class Represented by Amount in Row (11) 

7.7%

 

 

14.

Type of Reporting Person (See Instructions)

PN

 



 

SCHEDULE 13D

CUSIP No. 972463103

 

 

1.

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

Sun Capital Securities, LLC

 

 

2.

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

 

 

(a)

 o

 

 

(b)

 x

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)

OO

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power

0 (See Item 5)

 

8.

Shared Voting Power 

2,993,538 (See Item 5)

 

9.

Sole Dispositive Power 

0 (See Item 5)

 

10.

Shared Dispositive Power

2,993,538 (See Item 5)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 

2,993,538 (See Item 5)

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

 

13.

Percent of Class Represented by Amount in Row (11) 

7.7%

 

 

14.

Type of Reporting Person (See Instructions)

PN

 



 

SCHEDULE 13D

CUSIP No. 972463103

 

 

1.

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

Marc J. Leder

 

 

2.

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

 

 

(a)

 o

 

 

(b)

 x

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)

OO

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization

United States

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power

0 (See Item 5)

 

8.

Shared Voting Power 

2,993,538 (See Item 5)

 

9.

Sole Dispositive Power 

0 (See Item 5)

 

10.

Shared Dispositive Power

2,993,538 (See Item 5)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 

2,993,538 (See Item 5)

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

 

13.

Percent of Class Represented by Amount in Row (11) 

7.7%

 

 

14.

Type of Reporting Person (See Instructions)

IN

 



 

SCHEDULE 13D

CUSIP No. 972463103

 

 

1.

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

Rodger R. Krouse

 

 

2.

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

 

 

(a)

 o

 

 

(b)

 x

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)

OO

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization

United States

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power

0 (See Item 5)

 

8.

Shared Voting Power 

2,993,538 (See Item 5)

 

9.

Sole Dispositive Power 

0 (See Item 5)

 

10.

Shared Dispositive Power

2,993,538 (See Item 5)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 

2,993,538 (See Item 5)

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

 

13.

Percent of Class Represented by Amount in Row (11) 

7.7%

 

 

14.

Type of Reporting Person (See Instructions)

IN

 



 

This Amendment No. 1 hereby amends the Statement on Schedule 13D (the “Schedule 13D”) previously filed on May 30, 2006, by SCSF Equities, LLC, a Delaware limited liability company (“SCSF Equities”), Sun Capital Securities Offshore Fund, Ltd., a Cayman Islands corporation (“Sun Offshore Fund”), Sun Capital Securities Fund, LP, a Delaware limited partnership (“Sun Securities Fund”), Sun Capital Securities Advisors, LP, a Delaware limited partnership (“Sun Advisors”), Sun Capital Securities, LLC, a Delaware limited liability company (“Sun Capital Securities”), Marc J. Leder (“Leder”) and Rodger R. Krouse (“Krouse”) (collectively, the “Reporting Persons”) with respect to the Common Stock, par value $0.01 per share (the “Common Stock”) of Wilsons The Leather Experts Inc., a Minnesota corporation (the “Issuer”) as follows:

Item 5.            Interest in Securities of the Issuer.

(a) – (b)  On June 13, 2006, the Reporting Persons purchased shares of the Common Stock increasing the total number of shares owned by the Reporting Persons to 2,993,538 shares of the Common Stock or approximately 7.7% of the Issuer’s outstanding Common Stock.

(c)                              Except for the transactions described herein and those referenced in the Schedule 13D filed on May 30, 2006, by SCSF Equities, there have been no other transactions in the securities of the Issuer effected by the Reporting Persons during the past 60 days. Since May 30, 2006, the lowest price per share which the transactions were effected was at $3.59 per share and the highest price per share which the transactions were effected was at $3.86 per share. The initial date which the transactions that are the subject of this filing were effected was May 31, 2006 and the final date which the transactions that are the subject of this filing were effected was June 13, 2006. The transactions were effected through trades in the open market on the NASDAQ Stock Exchange.

Item 7.            Materials to be Filed as Exhibits.

Exhibit A                                                                       Joint Filing Agreement, dated June 14, 2006, by and among each of the Reporting Persons.



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: June 14, 2006

 

SCSF Equities, LLC

 

 

 

 

 

 

 

By:

 

/S/ MARC J. LEDER

 

 

Name:

 

Marc J. Leder

 

 

Its:

 

Co-CEO

 

 

 

 

 

 

 

Sun Capital Securities Offshore Fund, Ltd.

 

 

 

 

 

By:

 

/S/ MARC J. LEDER

 

 

Name:

 

Marc J. Leder

 

 

Its:

 

Director

 

 

 

 

 

 

 

Sun Capital Securities Fund, LP

 

 

 

 

 

By:

 

Sun Capital Securities Advisors, LP

 

 

Its:

 

General Partner

 

 

 

 

 

 

 

By:

 

Sun Capital Securities, LLC

 

 

Its:

 

General Partner

 

 

 

 

 

 

 

By:

 

/S/ MARC J. LEDER

 

 

Name:

 

Marc J. Leder

 

 

Its:

 

Co-CEO

 

 

 

 

 

 

 

Sun Capital Securities Advisors, LP

 

 

 

 

 

By:

 

Sun Capital Securities, LLC

 

 

Its:

 

General Partner

 

 

 

 

 

 

 

By:

 

/S/ MARC J. LEDER

 

 

Name:

 

Marc J. Leder

 

 

Its:

 

Co-CEO

 

 

 

 

 

 

 

Sun Capital Securities, LLC

 

 

 

 

 

By:

 

/S/ MARC J. LEDER

 

 

Name:

 

Marc J. Leder

 

 

Its:

 

Co-CEO

 

 

 

 

 

 

 

 

 

/S/ MARC J. LEDER

 

 

 

 

Marc J. Leder

 

 

 

 

 

 

 

 

 

/S/ RODGER R. KROUSE

 

 

 

 

Rodger R. Krouse

 



SCHEDULE 13D JOINT FILING AGREEMENT

In accordance with the requirements of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and subject to the limitations set forth therein, the parties set forth below agree to jointly file the Schedule 13D to which this joint filing agreement is attached, and have duly executed this joint filing agreement as of the date set forth below.

Dated: June 14, 2006

 

SCSF Equities, LLC

 

 

 

 

 

 

 

By:

 

/S/ MARC J. LEDER

 

 

Name:

 

Marc J. Leder

 

 

Its:

 

Co-CEO

 

 

 

 

 

 

 

Sun Capital Securities Offshore Fund, Ltd.

 

 

 

 

 

By:

 

/S/ MARC J. LEDER

 

 

Name:

 

Marc J. Leder

 

 

Its:

 

Director

 

 

 

 

 

 

 

Sun Capital Securities Fund, LP

 

 

 

 

 

By:

 

Sun Capital Securities Advisors, LP

 

 

Its:

 

General Partner

 

 

 

 

 

 

 

By:

 

Sun Capital Securities, LLC

 

 

Its:

 

General Partner

 

 

 

 

 

 

 

By:

 

/S/ MARC J. LEDER

 

 

Name:

 

Marc J. Leder

 

 

Its:

 

Co-CEO

 

 

 

 

 

 

 

Sun Capital Securities Advisors, LP

 

 

 

 

 

By:

 

Sun Capital Securities, LLC

 

 

Its:

 

General Partner

 

 

 

 

 

 

 

By:

 

/S/ MARC J. LEDER

 

 

Name:

 

Marc J. Leder

 

 

Its:

 

Co-CEO

 

 

 

 

 

 

 

Sun Capital Securities, LLC

 

 

 

 

 

By:

 

/S/ MARC J. LEDER

 

 

Name:

 

Marc J. Leder

 

 

Its:

 

Co-CEO

 

 

 

 

 

 

 

 

 

/S/ MARC J. LEDER

 

 

 

 

Marc J. Leder

 

 

 

 

 

 

 

 

 

/S/ RODGER R. KROUSE

 

 

 

 

Rodger R. Krouse

 


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