-----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, HZKAfXo8uLMwtmVSSCcNApYMT4DhUaIrgTBSlukJP2E+fSeSN6aE8/kL2bX/VuND sMY/5UgavAeD+JsMFs8cWA== 0001005477-00-001158.txt : 20000215 0001005477-00-001158.hdr.sgml : 20000215 ACCESSION NUMBER: 0001005477-00-001158 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000214 GROUP MEMBERS: ALLAN W. KARP GROUP MEMBERS: JOHN F. MEGRUE, JR. GROUP MEMBERS: SAUNDERS KARP & MEGRUE PARTNERS, L.L.C. GROUP MEMBERS: SK EQUITY FUND L P GROUP MEMBERS: SK INVESTMENT FUND, L.P. GROUP MEMBERS: SKM PARTNERS, L.P. GROUP MEMBERS: THOMAS A. SAUNDERS, III SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHILDRENS PLACE RETAIL STORES INC CENTRAL INDEX KEY: 0001041859 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 311241495 FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-53211 FILM NUMBER: 539227 BUSINESS ADDRESS: STREET 1: ONE DODGE DR CITY: CALDWELL STATE: NJ ZIP: 07006 BUSINESS PHONE: 9732278900 MAIL ADDRESS: STREET 1: ONE DODGE DR CITY: CALDWELL STATE: NJ ZIP: 07006 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SK EQUITY FUND L P CENTRAL INDEX KEY: 0001009319 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 061301330 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: TWO GREENWICH PLAZA STREET 2: STE 100 CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2123036638 MAIL ADDRESS: STREET 1: 667 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10017 SC 13G/A 1 AMENDMENT NO. 1 TO SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------- SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 1)(1) The Children's Place Retail Stores, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 168905107 - -------------------------------------------------------------------------------- (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) |_| Rule 13d-1 (d) - ---------- (1) 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). Page 1 of 12 Pages CUSIP No. 168905107 SCHEDULE 13G Page 2 of 12 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) The SK Equity Fund, L.P. (IRS ID No. ###-##-####) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 6,608,268 -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 95,785 OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 6,608,268 WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 95,785 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,704,053 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 26% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 168905107 SCHEDULE 13G Page 3 of 12 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) SK Investment Fund, L.P. (IRS ID No. ###-##-####) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 95,785 -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 6,608,268 OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 95,785 WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 6,608,268 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,704,053 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 26% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 168905107 SCHEDULE 13G Page 4 of 12 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) SKM Partners, L.P. (IRS ID No. ###-##-####) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 6,704,053 OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 6,704,053 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,704,053 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 26% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 168905107 SCHEDULE 13G Page 5 of 12 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Saunders Karp & Megrue Partners, L.L.C. (IRS ID No. ###-##-####) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 6,704,053 OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 6,704,053 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,704,053 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 26% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 168905107 SCHEDULE 13G Page 6 of 12 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) John F. Megrue, Jr. (###-##-####) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 2,000 -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 6,704,053 OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 2,000 WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 6,704,053 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,706,053 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 26% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 168905107 SCHEDULE 13G Page 7 of 12 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Allan W. Karp (###-##-####) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 2,000 -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 6,705,653 OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 2,000 WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 6,705,653 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,707,653 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 26% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 168905107 SCHEDULE 13G Page 8 of 12 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Thomas A. Saunders, III (###-##-####) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 6,704,053 OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 6,704,053 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,704,053 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 26% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 9 of 12 Pages Item 1(a). Name of Issuer: The Children's Place Retail Stores, Inc. (the "Company") Item 1(b). Address of Issuer's Principal Executive Offices: 915 Secaucus Road Secaucus, NJ 07094 Item 2(a). Name of Person Filing: This statement is filed on behalf of the persons identified in Item 4 below. In accordance with Rule 13d-1(f)(1) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), each person filing this statement acknowledges that it is responsible for the completeness and accuracy of the information contained herein concerning that person, but is not responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. Item 2(b). Address of Principal Business Office or, if None, Residence: (1) For The SK Equity Fund, L.P., SK Investment Fund, L.P., SKM Partners, L.P. and Saunders Karp & Megrue, L.L.C.: 262 Harbor Drive Stamford, CT 06902 (2) For John F. Megrue, Jr., Allan W. Karp and Thomas A. Saunders, III: Saunders Karp & Megrue 262 Harbor Drive Stamford, CT 06902 Item 2(c). Citizenship: Each of the persons filing this statement is a United States citizen or limited partnership organized under the laws of a state of the United States. Item 2(d). Title of Class of Securities: This statement relates to the Company's Common Stock, par value $.10 per share (the "Common Stock"). Item 2(e). CUSIP Number: 168905107 Page 10 of 12 Pages Item 3. For Statements Filed Pursuant to Rules 13d-1(b), or 13d-2(b): Not applicable. Item 4. Ownership: The SK Equity Fund, L.P. is the beneficial owner of 6,704,053 shares of Common Stock of the Company, including (i) 6,608,268 shares owned by The SK Equity Fund, L.P. and (ii) 95,785 shares owned by SK Investment Fund, L.P. The 6,704,053 shares beneficially owned represent 26% of the total number of shares outstanding as of January 29, 2000. The SK Equity Fund, L.P. has (i) the sole power to vote or to direct the vote and to dispose or direct the disposition of 6,608,268 of such shares, and (ii) shared power to vote or direct the vote of 95,785 of such shares. SK Investment Fund, L.P. is the beneficial owner of 6,704,053 shares of Common Stock of the Company, including (i) 6,608,268 shares owned by The SK Equity Fund, L.P. and (ii) 95,785 shares owned by SK Investment Fund, L.P. The 6,704,053 shares beneficially owned represent 26% of the total number of shares outstanding as of January 29, 2000. SK Investment Fund, L.P. has (i) the sole power to vote or to direct the vote and to dispose or direct the disposition of 95,785 of such shares, and (ii) shared power to vote or direct the vote of 6,608,268 of such shares. SKM Partners, L.P. is the beneficial owner of 6,704,053 shares of Common Stock of the Company, including (i) 6,608,268 shares owned by The SK Equity Fund, L.P. and (ii) 95,785 shares owned by SK Investment Fund, L.P. The 6,704,053 shares beneficially owned represent 26% of the total number of shares outstanding as of January 29, 2000. SKM Partners, L.P. has (i) the sole power to vote or to direct the vote and to dispose or direct the disposition of none of such shares, and (ii) shared power to vote or direct the vote of all of such shares as the general partner of The SK Equity Fund L.P. and SK Investment Fund, L.P. Saunders Karp & Megrue Partners, L.L.C. is the beneficial owner of 6,704,053 shares of Common Stock of the Company, including (i) 6,608,268 shares owned by The SK Equity Fund, L.P. and (ii) 95,785 shares owned by SK Investment Fund, L.P. The 6,704,053 shares beneficially owned represent 26% of the total number of shares outstanding as of January 29, 2000. Saunders Karp & Megrue Partners, L.L.C. has (i) the sole power to vote or to direct the vote and to dispose or direct the disposition of none of such shares, and (ii) shared power to vote or direct the vote of all of such shares as the general partner of SKM Partners, L.P. which is the general partner of The SK Equity Fund L.P. and the SK Investment Fund, L.P. John F. Megrue, Jr. is the beneficial owner of 6,706,053 shares of Common Stock of the Company, including (i) 2,000 shares owned by Mr. Megrue, (ii) 6,608,268 shares owned by The SK Equity Fund, L.P. and (iii) 95,785 shares owned by SK Investment Fund, L.P. The 6,706,053 shares beneficially owned represent 26% of the total number of shares outstanding as of January 29, 2000. Mr. Megrue has (i) sole power to vote or to direct the vote and to dispose or direct the disposition of 2,000 of such shares and (ii) shared power to vote or direct the vote and to dispose or to direct the disposition of 6,704,053 of such shares as a member of Saunders Karp & Megrue Partners, L.L.C. Page 11 of 12 Pages Allan W. Karp is the beneficial owner of 6,707,653 shares of Common Stock of the Company, including (i) 6,608,268 shares owned by The SK Equity Fund, L.P., (ii) 95,785 shares owned by SK Investment Fund, L.P., (iii) 2,000 shares owned by Mr. Karp and (iv) 1,600 shares held by Mr. Karp as trustee for the benefit of his children. The 6,707,653 shares beneficially owned represent 26% of the total number of shares outstanding as of January 29, 2000. Mr. Karp has (i) sole power to vote or to direct the vote and to dispose or direct the disposition of 2,000 of such shares and (ii) shared power to vote or direct the vote and to dispose or to direct the disposition of 6,705,653 of such shares, of which 6,704,053 shares are beneficially owned by Mr. Karp as a member of Saunders Karp & Megrue Partners, L.L.C. and 1,600 shares are held by Mr. Karp as trustee for the benefit of his children. Thomas A. Saunders, III is the beneficial owner of 6,704,053 shares of Common Stock of the Company, including (i) 6,608,268 shares owned by The SK Equity Fund, L.P. and (ii) 95,785 shares owned by SK Investment Fund, L.P. The 6,704,053 shares beneficially owned represent 26% of the total number of shares outstanding as of January 29, 2000. Mr. Saunders has (i) sole power to vote or to direct the vote and to dispose or direct the disposition of none of such shares and (ii) shared power to vote or direct the vote and to dispose or to direct the disposition of 6,704,053 of such shares as a member of Saunders Karp & Megrue Partners, L.L.C. 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: Not applicable. 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: See Item 4 above. Item 9. Notice of Dissolution of Group: Not applicable. Item 10. Certification: Not applicable. Page 12 of 12 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: February 14, 2000 THE SK EQUITY FUND, L.P. By: SKM PARTNERS, L.P. as General Partner By: SAUNDERS KARP & MEGRUE PARTNERS, L.L.C. as General Partner By: --------------------------------------- Authorized Member THE SK INVESTMENT FUND, L.P. By: SKM PARTNERS, L.P. as General Partner By: SAUNDERS KARP & MEGRUE PARTNERS, L.L.C. as General Partner By: --------------------------------------- Authorized Member SKM PARTNERS, L.P. By: SAUNDERS KARP & MEGRUE PARTNERS, L.L.C. as General Partner By: --------------------------------------- Authorized Member SAUNDERS KARP & MEGRUE PARTNERS, L.L.C. By: --------------------------------------- Authorized Member By: --------------------------------------- John F. Megrue By: --------------------------------------- Allan W. Karp By: --------------------------------------- Thomas A. Saunders, III -----END PRIVACY-ENHANCED MESSAGE-----