-----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, EUKPEDElcDGzHTMuLqbSSolVN/X3DtP6zzuq6wHvNIsWoLhPb0wozx8ZxCCRXNrM phg8UpCHlgXjDVxd3lhEzA== 0000950134-02-014855.txt : 20021121 0000950134-02-014855.hdr.sgml : 20021121 20021121160449 ACCESSION NUMBER: 0000950134-02-014855 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20021121 GROUP MEMBERS: JAMES SOMMERS GROUP MEMBERS: STEPHENS INVESTMENT PARTNERS LLC GROUP MEMBERS: STEPHENS VASCULAR OPTIONS LLC GROUP MEMBERS: STEPHENS VASCULAR PREFERRED SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VASCULAR SOLUTIONS INC CENTRAL INDEX KEY: 0001030206 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 411859679 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-59371 FILM NUMBER: 02836207 BUSINESS ADDRESS: STREET 1: 2495 XENIUM LANE NORTH CITY: MINNEAPOLIS STATE: MN ZIP: 55441 BUSINESS PHONE: 6125532970 MAIL ADDRESS: STREET 1: 2495 XENIUM LANE NORTH CITY: MINNEAPOLIS STATE: MN ZIP: 55441 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STEPHENS GROUP INC CENTRAL INDEX KEY: 0001027804 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 710211822 STATE OF INCORPORATION: AR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 111 CENTER STREET STREET 2: STE 2300 CITY: LITTLE ROCK STATE: AR ZIP: 72201 BUSINESS PHONE: 5015772573 MAIL ADDRESS: STREET 1: 111 CENTER ST STREET 2: STE 2300 CITY: LITTLE ROCK STATE: AR ZIP: 72201 SC 13D/A 1 d01570a1sc13dza.txt AMENDMENT NO. 1 TO SCHEDULE 13D ---------------------------- OMB APPROVAL ---------------------------- OMB Number: 3235-0145 Expires: October 31, 1994 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 (AMENDMENT NO. 1)* Vascular Solutions, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 92231M109 ------------------------------------------------------------ (CUSIP Number) David A. Knight, c/o Stephens Group, Inc., 111 Center Street, Little Rock, AR 72201, (501) 377-2000 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 14, 2002 ------------------------------------------------------------ (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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule including all exhibits. See Section 240.13d-7(b) 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). - ------------------- ----------------- CUSIP No. 92231M109 Page 2 of 9 Pages - ------------------- ----------------- SCHEDULE 13D - -------------------------------------------------------------------------------- 1 Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) James Sommers, Voting Trustee of Vascular Voting Trust - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [x] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) Not applicable - -------------------------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 Citizenship or Place of Organization Arkansas - -------------------------------------------------------------------------------- 7 Sole Voting Power 2,457,197 NUMBER OF --------------------------------------------------- SHARES 8 Shared Voting Power BENEFICIALLY -0- OWNED BY --------------------------------------------------- EACH 9 Sole Dispositive Power REPORTING -0- PERSON --------------------------------------------------- WITH 10 Shared Dispositive Power -0- - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 2,457,197 - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 18.7 - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- - ------------------- ----------------- CUSIP No. 92231M109 Page 3 of 9 Pages - ------------------- ----------------- - -------------------------------------------------------------------------------- 1 Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) Stephens Group, Inc. - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [x] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) Not applicable - -------------------------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [x] - -------------------------------------------------------------------------------- 6 Citizenship or Place of Organization Arkansas - -------------------------------------------------------------------------------- 7 Sole Voting Power -0- NUMBER OF --------------------------------------------------- SHARES 8 Shared Voting Power BENEFICIALLY -0- OWNED BY --------------------------------------------------- EACH 9 Sole Dispositive Power REPORTING -0- PERSON --------------------------------------------------- WITH 10 Shared Dispositive Power 2,447,197 - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 2,447,197 - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 18.6 - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) HC, CO - -------------------------------------------------------------------------------- *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. - ------------------- ----------------- CUSIP No. 92231M109 Page 4 of 9 Pages - ------------------- ----------------- - -------------------------------------------------------------------------------- 1 Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) Stephens Vascular Preferred, LLC - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [x] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) Not applicable - -------------------------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 Citizenship or Place of Organization Arkansas - -------------------------------------------------------------------------------- 7 Sole Voting Power -0- NUMBER OF --------------------------------------------------- SHARES 8 Shared Voting Power BENEFICIALLY -0- OWNED BY --------------------------------------------------- EACH 9 Sole Dispositive Power REPORTING -0- PERSON --------------------------------------------------- WITH 10 Shared Dispositive Power 1,821,466 - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 1,821,466 - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 13.8 - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- *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. - ------------------- ----------------- CUSIP No. 92231M109 Page 5 of 9 Pages - ------------------- ----------------- - -------------------------------------------------------------------------------- 1 Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) Stephens Vascular Options, LLC - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [x] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) Not applicable - -------------------------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 Citizenship or Place of Organization Arkansas - -------------------------------------------------------------------------------- 7 Sole Voting Power -0- NUMBER OF --------------------------------------------------- SHARES 8 Shared Voting Power BENEFICIALLY -0- OWNED BY --------------------------------------------------- EACH 9 Sole Dispositive Power REPORTING -0- PERSON --------------------------------------------------- WITH 10 Shared Dispositive Power 625,731 - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 625,731 - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 4.8 - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- *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. - ------------------- ----------------- CUSIP No. 92231M109 Page 6 of 9 Pages - ------------------- ----------------- - -------------------------------------------------------------------------------- 1 Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) Stephens Investment Partners, LLC - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [x] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) Not applicable - -------------------------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 Citizenship or Place of Organization Arkansas - -------------------------------------------------------------------------------- 7 Sole Voting Power 20,000 NUMBER OF --------------------------------------------------- SHARES 8 Shared Voting Power BENEFICIALLY -0- OWNED BY --------------------------------------------------- EACH 9 Sole Dispositive Power REPORTING 30,000 PERSON --------------------------------------------------- WITH 10 Shared Dispositive Power -0- - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 30,000 - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 0.2 - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- *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. - ------------------- ----------------- CUSIP No. 92231M109 Page 7 of 9 Pages - ------------------- ----------------- This Amendment No. 1 amends and supplements the Schedule 13D initially filed by the Reporting Persons on July 28, 2000. It is being filed to report a decrease in beneficial ownership of Vascular Solutions, Inc. common stock by certain of the Reporting Persons. Except as set forth below, there are no changes in the Schedule 13D. Capitalized terms not otherwise defined herein shall have the same meanings as defined in the Schedule 13D. ITEM 2. IDENTITY AND BACKGROUND (c)(xii) Stephens Inc., an Arkansas corporation, is a second-tier, wholly-owned subsidiary of Stephens Group, Inc. and is a broker-dealer firm registered with the NASD and a member of the New York Stock Exchange. The principal offices of Stephens Inc. are located at 111 Center Street, Little Rock, Arkansas 72201. During the past five years, Stephens Inc. has not been convicted in any criminal proceeding. Since the filing of the initial Schedule 13D by the Reporting Persons, Stephens Inc. submitted an offer of settlement that was accepted by the NASD in September 2002 in which Stephens Inc. consented to the entry of findings that in 2000 and 2001 it did not adequately comply with MSRB Rules G-12 and G-14 regarding the reporting of municipal securities trades to the National Securities Clearing Corporation. Stephens made changes to its systems and procedures to correct the problem and paid a $1,500 fine. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) The following table discloses the ownership of the common stock of Vascular Solutions by the Reporting Persons and their respective directors, managers, and executive officers:
Percent of Number of Outstanding Name Shares Shares Voting Power Investment Power - ---- --------- ----------- ------------ ---------------- James Sommers, Voting Trustee of Vascular Voting Trust 2,457,197 18.7 Sole: 2,457,197 -0- Stephens Group, Inc. (1) 2,447,197 18.6 -0- Shared: 2,447,197 Stephens Vascular Preferred, LLC 1,821,466 13.8 -0- Shared: 1,821,466 Stephens Vascular Options, LLC 625,731 4.8 -0- Shared: 625,731 Stephens Investment Partners, LLC (2) 30,000 0.2 Sole: 20,000 Sole: 30,000 Jackson T. Stephens -0- -0- -0- -0- Bess C. Stephens -0- -0- -0- -0- Warren A. Stephens (3) 60,000 0.5 Sole: 30,000 Sole: 30,000 Shared: 20,000 Shared: 30,000 Wilton R. Stephens, Jr.(4) 30,000 0.2 Shared: 20,000 Shared: 30,000 Jon E.M. Jacoby (4) 30,000 0.2 Shared: 20,000 Shared: 30,000 Vernon J. Giss -0- -0- -0- -0- Craig D. Campbell -0- -0- -0- -0- William R. Walker -0- -0- -0- -0- Douglas H. Martin (4) 30,000 0.2 Shared: 20,000 Shared: 30,000 Curtis F. Bradbury, Jr. (4) 30,000 0.2 Shared: 20,000 Shared: 30,000
(1) Includes shares beneficially owned by Stephens Vascular Preferred, LLC and Stephens Vascular Options, LLC. Stephens Group, Inc. is sole manager of both companies and the 88% parent of Stephens Vascular Preferred, LLC. (2) Represents beneficial ownership of options convertible into 30,000 shares of the common stock of Vascular Solutions, Inc. (3) Represents beneficial ownership of options convertible into 30,000 shares of the common stock of Vascular Solutions, Inc. by Stephens Investment Partners III, LLC, of which this person is a manager, and 10,000 shares owned by each of Laura Whitaker Stephens Trust, Warren Miles Amerine Stephens Trust and John Calhoun Stephens Trust for which reporting person serves as trustee. - ------------------- ----------------- CUSIP No. 92231M109 Page 8 of 9 Pages - ------------------- ----------------- (4) Represents beneficial ownership of options convertible into 30,000 shares of the common stock of Vascular Solutions, Inc. by Stephens Investment Partners III, LLC, of which this person is a manager. (b) Stephens Inc., the second-tier wholly owned subsidiary of Stephens Inc., owns no shares of the common stock of Vascular Solutions, Inc. Stephens Inc. expressly disclaims membership in any group pursuant to Regulation 13D. (c) The Voting Trustee expressly disclaims beneficial ownership of any securities covered by this Schedule 13D. (d) During the past sixty days Stephens Vascular Options, LLC distributed shares of the common stock of Vascular Solutions to certain non-managing members which sold such shares in broker's transactions, the details of which are disclosed below:
Name Date Number of Shares Price - ---- ---- ---------------- ----- W.R. Stephens, Jr. Revocable Trust 11/11/02 18,371 0.75 11/13/02 8,750 0.75 11/14/02 37,875 0.70 W.R. Stephens, Jr. Children's Trust 11/11/02 18,371 0.75 11/13/02 8,750 0.75 11/14/02 37,875 0.70 Pamela Diane Stephens Trust One 11/11/02 36,742 0.75 11/13/02 17,500 0.75 11/14/02 75,750 0.70
- ------------------- ----------------- CUSIP No. 92231M109 Page 9 of 9 Pages - ------------------- ----------------- SIGNATURES 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. Vascular Voting Trust By: /s/ JAMES SOMMERS ---------------------------------------- James Sommers, Voting Trustee /s/ WARREN A. STEPHENS ------------------------------------------- Warren A. Stephens, as manager of Stephens Investment Partners III, LLC, and as President of Stephens Group, Inc. on its own behalf and as sole Manager of Stephens Vascular Preferred, LLC and Stephens Vascular Options, LLC -----END PRIVACY-ENHANCED MESSAGE-----