-----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, O6iqUrIR36rouT/DvbV29CXmVOEzmCm5786JtWpkXxiyGdMPOP6N3rKC1j2lM1l5 D6r96+dmCT5QSx5QubgOOQ== 0000950134-02-012965.txt : 20021025 0000950134-02-012965.hdr.sgml : 20021025 20021025143643 ACCESSION NUMBER: 0000950134-02-012965 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20021025 GROUP MEMBERS: G STACY SMITH GROUP MEMBERS: PATRICK P WALKER GROUP MEMBERS: RIED S WALKER GROUP MEMBERS: WS CAPITAL MANAGEMENT LP GROUP MEMBERS: WS VENTURES MANAGEMENT LP GROUP MEMBERS: WSV MANAGEMENT LLC FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WS CAPITAL LLC CENTRAL INDEX KEY: 0001123407 IRS NUMBER: 752681594 STATE OF INCORPORATION: TX FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 300 CRESCENT COURT, SUITE 880 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2147566055 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PEAK INTERNATIONAL LTD CENTRAL INDEX KEY: 0001036081 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS PRODUCTS, NEC [3089] IRS NUMBER: 000000000 STATE OF INCORPORATION: D0 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-52369 FILM NUMBER: 02798521 BUSINESS ADDRESS: STREET 1: UNITS 4,5 & 7 37TH FL WHARF CABLE TOWER STREET 2: 9 HOI SHING RD CITY: TSUEN WAN STATE: K3 ZIP: 00000 BUSINESS PHONE: 8522405100 MAIL ADDRESS: STREET 1: PEAK PLASTICS INC 211 KRAMER LANE CITY: AUSTIN STATE: TX ZIP: 78758 SC 13D 1 d00665sc13d.txt SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Rule 13d-101) Under the Securities Exchange Act of 1934 PEAK INTERNATIONAL LIMITED - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.01 par value per share - -------------------------------------------------------------------------------- (Title of Class of Securities) G69586108 - -------------------------------------------------------------------------------- (CUSIP NUMBER) WS CAPITAL, L.L.C. 300 Crescent Court, Suite 880 Dallas, Texas 75201 Tel. No.: (214) 756-6073 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) - with copies to - Eliot D. Raffkind Akin, Gump, Strauss, Hauer & Feld, L.L.P. 1700 Pacific Avenue, Suite 4100 Dallas, Texas 75201-4618 (214) 969-2800 October 17, 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 Rule 13d-1(e), 13d-1(f) or 13d-1(g) check the following box [ ] 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, as amended (the "Act"), or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act. Page 1 of 14 CUSIP No. G69586108 13D - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) WS Capital, L.L.C. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Texas - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 799,700 OWNED BY -------------------------------------------------- EACH 8 SHARED VOTING POWER REPORTING PERSON WITH 0 -------------------------------------------------- 9 SOLE DISPOSITIVE POWER 799,700 -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 799,700 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.3% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT Page 2 of 14 CUSIP No. G69586108 13D - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) WS Capital Management, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Texas - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 799,700 OWNED BY -------------------------------------------------- EACH 8 SHARED VOTING POWER REPORTING PERSON WITH 0 -------------------------------------------------- 9 SOLE DISPOSITIVE POWER 799,700 -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 799,700 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.3% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IA - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT Page 3 of 14 CUSIP No. G69586108 13D - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) WSV Management, L.L.C. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Texas - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 484,800 OWNED BY ------------------------------------------------- EACH 8 SHARED VOTING POWER REPORTING PERSON WITH 0 ------------------------------------------------- 9 SOLE DISPOSITIVE POWER 484,800 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 484,800 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT Page 4 of 14 CUSIP No. G69586108 13D - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) WS Ventures Management, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Texas - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 484,800 OWNED BY ------------------------------------------------ EACH 8 SHARED VOTING POWER REPORTING PERSON WITH 0 ------------------------------------------------ 9 SOLE DISPOSITIVE POWER 484,800 ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 484,800 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT Page 5 of 14 CUSIP No. G69586108 13D - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Reid S. Walker - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 1,284,500 OWNED BY ------------------------------------------------ EACH 8 SHARED VOTING POWER REPORTING PERSON WITH 0 ------------------------------------------------ 9 SOLE DISPOSITIVE POWER 1,284,500 ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,284,500 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT Page 6 of 14 CUSIP No. G69586108 13D - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Patrick P. Walker - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 487,500 OWNED BY -------------------------------------------------- EACH 8 SHARED VOTING POWER REPORTING PERSON WITH 0 -------------------------------------------------- 9 SOLE DISPOSITIVE POWER 487,500 -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 487,500 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC, OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT Page 7 of 14 CUSIP No. G69586108 13D - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) G. Stacy Smith - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 1,284,500 OWNED BY ------------------------------------------------- EACH 8 SHARED VOTING POWER REPORTING PERSON WITH 0 ------------------------------------------------- 9 SOLE DISPOSITIVE POWER 1,284,500 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,284,500 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT Page 8 of 14 SCHEDULE 13D This Schedule 13D (the "Schedule 13D") is being filed on behalf of WS Capital, L.L.C., WS Capital Management, L.P., WSV Management, L.L.C., WS Ventures Management, L.P., Mr. Reid S. Walker, Mr. Patrick P. Walker and Mr. G. Stacy Smith, relating to shares of common stock of Peak International Limited (the "Issuer"). Mr. Reid S. Walker and Mr. G. Stacy Smith are the principals of WS Capital, L.L.C. ("WS Capital"), a Texas limited liability company. Mr. Reid S. Walker, Mr. Patrick P. Walker and Mr. G. Stacy Smith are the principals of WSV Management, L.L.C. ("WSV"), a Texas limited liability company. This Schedule 13D relates to shares of Common Stock of the Issuer purchased by (1) WS Capital for the account of (i) Walker Smith Capital Master Fund ("Walker Smith Capital"), a Texas general partnership composed of Walker Smith Capital, L.P. and Walker Smith Capital (QP), L.P., both Texas limited partnerships, and (ii) Walker Smith International Fund, Ltd. ("Walker Smith International"); (2) WSV for the account of (i) WS Opportunity Master Fund ("WS Opportunity") a Texas general partnership composed of WS Opportunity Fund, L.P. and WS Opportunity Fund (QP), L.P., both Texas limited partnerships, and (ii) WS Opportunity Fund International, Ltd. ("WS Opportunity International"); and (3) Mr. Patrick P. Walker as trustee for (i) Walker Children Irrevocable Education Trust and (ii) Walker Irrevocable Trust. WS Capital Management, L.P. ("WS Capital Management"), a Texas limited partnership, is the general partner of Walker Smith Capital, L.P. and Walker Smith Capital (QP), L.P. and the investment manager of Walker Smith International. WS Capital is the general partner of WS Capital Management. WS Ventures Management, L.P. ("WSVM") is the general partner of WS Opportunity Fund, L.P. and WS Opportunity Fund (QP), L.P., and the investment manager of WS Opportunity International. WSV is the general partner of WSVM. WS Capital, WS Capital Management, and Messrs. R. Walker and Smith previously relied on Rule 13d-1(b)(1) but had not been required to file a Schedule 13G with respect to the Issuer, and thus they are filing this Schedule 13D because of Rule 13d-1(g). WSV, WSVM, and Mr. P. Walker are reporting their beneficial ownership of shares of the Issuer on this Schedule 13D to avoid confusion regarding the shares of the Issuer also beneficially owned by Messrs. R. Walker and S. Smith. All the reporting persons on this Schedule 13D expressly disclaim being a member of any group with respect to the Issuer. ITEM 1. SECURITY AND ISSUER Securities acquired: Shares of Common Stock, par value $0.01 per share Issuer: Peak International Limited 44091 Nobel Drive Fremont, California 94538 Page 9 of 14 ITEM 2. IDENTITY AND BACKGROUND (a) This statement is filed by: WS Capital, WS Capital Management, WSV, WSVM, Mr. Reid S. Walker, Mr. Patrick P. Walker and Mr. G. Stacy Smith. (b) The business address of WS Capital, WS Capital Management, WSV, WSVM, Mr. Reid S. Walker, Mr. Patrick P. Walker and Mr. G. Stacy Smith is 300 Crescent Court, Suite 880, Dallas, Texas 75201. (c) WS Capital Management and WSV provide investment management services to private individuals, investment vehicles and institutions. The principal occupation of Messrs. P. Walker, R. Walker and Smith is investment management. (d) None of WS Capital, WS Capital Management, WSV, WSVM, Mr. Reid S. Walker, Mr. Patrick P. Walker or Mr. Smith has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) None of WS Capital, WS Capital Management, WSV, WSVM, Mr. Reid S. Walker, Mr. Patrick P. Walker or Mr. Smith has, during the last five years, been 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 prohibiting or mandating activities subject to, Federal or State securities laws or finding any violation with respect to such laws. (f) WS Capital and WSV are Texas limited liability companies. WS Capital Management and WSVM are Texas limited partnerships. Messrs. R. Walker, P. Walker and Smith are United States citizens. ITEM 3. SOURCE AND AMOUNT OF FUNDS As of October 17, 2002, WS Capital and WS Capital Management had invested $3,255,840 in the Issuer. WSV and WSVM had invested $1,882,160 in the Issuer. Messrs. Walker, Walker and Smith had invested an aggregate $5,138,000 through WS Capital, WS Capital Management, WSV and WSVM. The above amount includes any commissions incurred in making the investments. The source of these funds was the working capital of Walker Smith Capital, Walker Smith International, WS Opportunity and WS Opportunity International. ITEM 4. PURPOSE OF THE TRANSACTION WS Capital, WS Capital Management, WSV, WSVM and Messrs. R. Walker, P. Walker and Smith acquired shares of Common Stock for portfolio investment purposes. WS Capital, WS Capital Management, WSV, WSVM and Messrs. R. Walker, P. Walker and Smith expect to purchase additional shares of the Issuer and they further reserve the right to acquire, or dispose of, additional securities of the Issuer, in the ordinary course of business, to the extent deemed advisable in light of WS Capital's and WSV's general investment and trading policies, market conditions, the availability of shares of Common Stock or other factors. Messrs. R. Walker, P. Walker and Smith hope to work with the Issuer's management and board of directors to identify and pursue opportunities to increase the value of the Shares, though the reporting persons have no present plans or proposals of such nature. Except as disclosed above, none of the reporting persons have any plans or proposals of the type described in (a)-(j) of Item 4. Page 10 of 14 ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) As of October 17, 2002, Mr. Reid S. Walker and G. Stacy Smith are the beneficial owners of 1,284,500 shares of Common Stock of the Issuer, which includes (i) 799,700 shares of Common Stock beneficially owned by WS Capital and WS Capital Management, and held by Walker Smith Capital and Walker Smith International, and (ii) 484,800 shares of Common Stock beneficially owned by WSV, WSVM and Messrs. R. Walker, P. Walker and Smith for the accounts of WS Opportunity and WS Opportunity International. Mr. Patrick P. Walker, as trustee for two trusts, beneficially owns an additional 2,700 shares of Common Stock of the Issuer. Mr. Reid S. Walker and G. Stacy Smith beneficially own 10.1% of the Issuer's outstanding shares of Common Stock, which such percentage was calculated by dividing (i) the 1,284,500 shares of Common Stock beneficially owned by Mr. Reid S. Walker and G. Stacy Smith as of October 17, 2002, by (ii) 12,689,762 shares of Common Stock outstanding as of July 31, 2002 based upon the Issuer's Quarterly Report on Form 10Q filed with the Securities and Exchange Commission on August 8, 2002. WS Capital and WS Capital Management beneficially own 6.3% of the Issuer's outstanding shares of Common Stock, which such percentage was calculated by dividing (i) the 799,700 shares of Common Stock beneficially owned by WS Capital and WS Capital Management as of the date hereof, by (ii) 12,689,762 shares of Common Stock outstanding as of July 31, 2002 based upon the Issuer's Quarterly Report on Form 10Q filed with the Securities and Exchange Commission on August 8, 2002. WSV and WSVM and Mr. Patrick P. Walker beneficially own 3.8% of the Issuer's outstanding shares of Common Stock, which such percentage was calculated by dividing (i) the 484,800 shares of Common Stock beneficially owned by WSV and WSVM (and the 487,500 shares of Common Stock beneficially owned by Mr. Patrick P. Walker) as of the date hereof, by (ii) 12,689,762 shares of Common Stock outstanding as of July 31, 2002 based upon the Issuer's Quarterly Report on Form 10Q filed with the Securities and Exchange Commission on August 8, 2002. (b) Mr. Reid S. Walker and Mr. G. Stacy Smith, for the accounts of Walker Smith Capital, Walker Smith International, WS Opportunity and WS Opportunity International, have the power to vote and dispose of the shares of Common Stock held by such entities. Mr. Reid S. Walker and Mr. G. Stacy Smith are also the principals of WS Capital, which is the general partner of WS Capital Management, and, together with Mr. Patrick P. Walker, principals of WSV, which is the general partner of WSVM, and as such have the power to vote and dispose of the shares of Common Stock controlled by such entities. (c) The transactions in the Issuer's securities by Walker Smith Capital, Walker Smith International, WS Opportunity and WS Opportunity International during the last sixty days are listed as Annex A attached hereto and made a part hereof. (d) Not Applicable. (e) Not Applicable. Page 11 of 14 ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER Not Applicable. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit 1 Joint Filing Agreement dated October 24, 2002, among WS Capital, WS Capital Management, WSV, WSVM and Messrs. Walker, Walker and Smith. Page 12 of 14 ANNEX A
Transaction Buy/Sell Quantity Price per Date (shares) Share ($) - ------------------------------- ---------------------------- ---------------------------- ---------------------------- 8/23/02 Buy 6,000 4.97 8/29/02 Buy 2,000 4.93 8/30/02 Buy 2,000 4.97 9/12/02 Buy 90,000 4.62 9/13/02 Buy 70,000 4.54 9/18/02 Buy 62,500 4.48 9/19/02 Buy 15,000 4.4 9/19/02 Buy 64,100 4.29 9/24/02 Buy 2,400 4.63 9/25/02 Buy 11,100 4.45 9/26/02 Buy 1,100 4.44 9/27/02 Buy 200 4.60 9/30/02 Buy 1,500 4.61 10/01/02 Buy 2,700 4.44 10/02/02 Buy 1,700 4.35 10/04/02 Buy 3,100 3.98 10/09/02 Buy 1,000 3.94 10/10/02 Buy 5,000 3.97 10/11/02 Buy 6,500 4.02 10/11/02 Buy 30,000 3.97 10/16/02 Buy 5,000 3.88 10/17/02 Buy 18,500 4.12 10/18/02 Buy 6,500 4.06 10/21/02 Buy 2,000 3.78 10/22/02 Buy 1,000 4.21
Page 13 of 14 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: October 24, 2002 WS CAPITAL, L.L.C. By: /S/ REID W. WALKER ------------------- Name: Reid W. Walker Title: Member WS CAPITAL MANAGEMENT, L.P. By: WS Capital, L.L.C., general partner By: /S/ REID S. WALKER ------------------- WSV MANAGEMENT, L.L.C. By: /S/ PATRICK P. WALKER ---------------------- Name: Patrick P. Walker Title: Member WS VENTURES MANAGEMENT, L.P. By: WSV Management, L.L.C., general partner By: /S/ PATRICK P. WALKER ---------------------- Name: Patrick P. Walker Title: Member /S/ REID S. WALKER --------------------------- Reid S. Walker /S/ PATRICK P. WALKER --------------------------- Patrick P. Walker /S/ G. STACY SMITH --------------------------- G. Stacy Smith Page 14 of 14 EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION - ------ ----------- Exhibit 1 Joint Filing Agreement dated October 24, 2002, among WS Capital, WS Capital Management, WSV, WSVM and Messrs. Walker, Walker and Smith.
EX-99.1 3 d00665exv99w1.txt JOINT FILING AGREEMENT EXHIBIT 1 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including any and all amendments thereto) with respect to the Common Stock, par value $0.01 per share, of Peak International Limited, and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filings. The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13D and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate. This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument. IN WITNESS WHEREOF, the undersigned have executed this Agreement as of October 24, 2002. WS CAPITAL, L.L.C. By: /S/ REID W. WALKER ------------------ Name: Reid W. Walker Title: Member WS CAPITAL MANAGEMENT, L.P. By: WS Capital, L.L.C., general partner By: /S/ REID S. WALKER ---------------------- WSV MANAGEMENT, L.L.C. By: /S/ PATRICK P. WALKER --------------------- Name: Patrick P. Walker Title: Member WS VENTURES MANAGEMENT, L.P. By: WSV Management, L.L.C., general partner By: /S/ PATRICK P. WALKER --------------------- Name: Patrick P. Walker Title: Member /S/ REID S. WALKER --------------------------- Reid S. Walker /S/ PATRICK P. WALKER Patrick P. Walker /S/ G. STACY SMITH --------------------------- G. Stacy Smith -----END PRIVACY-ENHANCED MESSAGE-----