-----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, O4B3skFKEH6Tb6Px4Ufu9zfPGslsI3vGAuWm3WZudFhF5D92jZD+e90OGBi9kGh1 uMWhQLdjyPpdeZBqG874Dg== 0000889812-98-000879.txt : 19980408 0000889812-98-000879.hdr.sgml : 19980408 ACCESSION NUMBER: 0000889812-98-000879 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980407 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: APPLIED FILMS CORP CENTRAL INDEX KEY: 0001040660 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 841311581 STATE OF INCORPORATION: CO FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-52215 FILM NUMBER: 98588869 BUSINESS ADDRESS: STREET 1: 6797 WINCHESTER CIRCLE CITY: BOULDER STATE: CO ZIP: 80301 BUSINESS PHONE: 3035301411 MAIL ADDRESS: STREET 1: 6797 WINCHESTER CIRCLE CITY: BOULDER STATE: CO ZIP: 80301 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CUMBERLAND ASSOCIATES LLC CENTRAL INDEX KEY: 0000351262 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1114 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2125750900 SC 13G 1 STATEMENT OF BENEFICIAL OWNERSHIP UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* APPLIED FILMS CORPORATION (Name of Issuer) Common Stock, No Par Value Per Share (Title of Class of Securities) 038197109 (CUSIP Number) Voluntary** (see note below) (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) [X ] Rule 13d-1(c) [ ] 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 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). **This Schedule 13G is being filed to replace, pursuant to Securities Exchange Act Release No. 34-39538, Cumberland Associates LLC's Schedule 13D, filed on January 12, 1998, as amended by Amendment No. 1 thereto, filed on February 4, 1998. Page 1 of 6 pages CUSIP No. 038197109 13G Page 2 of 6 Pages 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Cumberland Associates LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York 5 SOLE VOTING POWER 41,700 NUMBER OF 6 SHARED VOTING POWER SHARES 148,300 BENEFICIALLY OWNED BY EACH 7 SOLE DISPOSITIVE POWER REPORTING 41,700 PERSON WITH 8 SHARED DISPOSITIVE POWER 148,300 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 190,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.5% 12 TYPE OF REPORTING PERSON* OO, IA *SEE INSTRUCTION BEFORE FILLING OUT! Page 2 of 6 pages Item 1(a) Name of Issuer: Applied Films Corporation (the "Issuer") Item 1(b) Address of Issuer's Principal Executive Offices: 6797 Winchester Circle Boulder, Colorado 80301 Items 2(a) Name of Person Filing: This statement is being filed by Cumberland Associates LLC to replace, pursuant to Securities Exchange Act Release No. 34-39538, Cumberland Associates LLC's Schedule 13D, filed on January 12, 1998, as amended by Amendment No. 1 thereto, filed on February 4, 1998. Cumberland Associates LLC is a limited liability company organized under the laws of the State of New York, and is engaged in the business of managing, on a discretionary basis, thirteen securities accounts (the "Accounts"), the principal one of which is Cumberland Partners. K. Tucker Andersen, Gary Tynes, Oscar S. Schafer, Bruce G. Wilcox, Glenn Krevlin, Andrew Wallach and Eleanor Poppe are the members (the "Members") of Cumberland Associates LLC. Item 2(b) Address of Principal Business Office: The address of the principal business and office of Cumberland Associates LLC and each of the Members is 1114 Avenue of the Americas, New York, New York 10036. Item 2(c) Citizenship: Cumberland Associates LLC is a New York limited liability company. Each of the Members is a citizen of the United States. Item 2(d) Title of Class of Securities: Common Stock, no par value per share (the "Shares") Item 2(e) CUSIP Number: 038197109 Item 3 Not Applicable Page 3 of 6 pages Item 4. Ownership: Item 4(a) Amount Beneficially Owned: As of the date hereof, Cumberland Associates LLC may be deemed the beneficial owner of 190,000 Shares. Item 4(b) Percent of Class: The number of Shares of which Cumberland Associates LLC may be deemed to be the beneficial owner constitutes approximately 5.5% of the total number of Shares outstanding. Item 4(c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 41,700 (ii) Shared power to vote or to direct the vote: 148,300 (iii) Sole power to dispose or to direct the disposition of: 41,700 (iv) Shared power to dispose or to direct the disposition of: 148,300 Item 5 Ownership of Five Percent or Less of a Class: Not Applicable Item 6 Ownership of More than Five Percent on Behalf of Another Person: The beneficial owners of the Accounts have the right to participate in the receipt of dividends from, or proceeds from the sale of, the Shares held for each Account in accordance with their ownership interests in each such Account. Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: Not Applicable Item 8 Identification and Classification of Members of the Group: Not Applicable Page 4 of 6 pages Item 9 Notice of Dissolution of Group: Not Applicable Item 10 Certification: By signing below the signatory certifies that, to the best of his knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Page 5 of 6 pages 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: April 6, 1998 CUMBERLAND ASSOCIATES LLC By: /s/ Bruce G. Wilcox ----------------------------- Name: Bruce G. Wilcox Title: Member Page 6 of 6 pages -----END PRIVACY-ENHANCED MESSAGE-----