-----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, VaHeW22GyIQVXYS0WCbZJidZ3GyZU4NLxKP8ZRiUPFmw2UWx6HgmJsZBvCEI2npO Fp0SyrE+J0a1DGEaHTADKg== 0001047469-03-005562.txt : 20030214 0001047469-03-005562.hdr.sgml : 20030214 20030214140624 ACCESSION NUMBER: 0001047469-03-005562 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030214 GROUP MEMBERS: GLENBROOK CAPITAL MANAGEMENT GROUP MEMBERS: GROVER T. WICKERSHAM SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IRVINE SENSORS CORP/DE/ CENTRAL INDEX KEY: 0000357108 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 330280334 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-34769 FILM NUMBER: 03566023 BUSINESS ADDRESS: STREET 1: 3001 REDHILL AVE CITY: COSTA MESA STATE: CA ZIP: 92626 BUSINESS PHONE: 7145498211 MAIL ADDRESS: STREET 1: 3001 REDHILL AVE STREET 2: BLDG 3 STE 104 CITY: COSTA MESA STATE: CA ZIP: 92626 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GLENBROOK CAPITAL LP CENTRAL INDEX KEY: 0001160520 IRS NUMBER: 860847279 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 430 CAMBRIDGE AVENUE STREET 2: SUITE 100 CITY: PALO ALTO STATE: CA ZIP: 94306 BUSINESS PHONE: 6503236400 MAIL ADDRESS: STREET 1: 430 CAMBRIDGE AVENUE STREET 2: SUITE 100 CITY: PALO ALTO STATE: CA ZIP: 94306 SC 13G/A 1 a2103566zsc13ga.htm SC 13G/A

SEC 1745

(02-02)

 

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

 

 

UNITED STATES

 

OMB APPROVAL

SECURITIES AND EXCHANGE COMMISSION

 

OMB Number:
3235-0145

Washington, D.C. 20549

 

Expires: December 31, 2005

SCHEDULE 13G

 

Estimated average burden hours per response. . 11

 

 

 

 

 

 

Under the Securities Exchange Act of 1934

 

 

(Rule 13d-102)

 

 

(Amendment No. 1)

 

 

 

 

 

 

 

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

 

 

TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED

 

 

PURSUANT TO RULE 13d-2(b)

 

 

 

 

 

IRVINE SENSORS CORPORATION

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

463664 50 8

(CUSIP Number)

 

December 31, 2002

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

 

o

 

Rule 13d-1(b)

 

ý

 

Rule 13d-1(c)

 

o

 

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 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 (“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 13G/A (Amendment No. 1)

 

 

 

CUSIP No.   46366 41 02

1.

 

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
GLENBROOK CAPITAL, L.P., a Nevada Limited Partnership (the “Fund”)
EIN: 86-0847279

 

 

2.

 

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

(a)    o

(b)    ý

 

3.

 

SEC Use Only

 

4.

 

Citizenship or Place of Organization
Nevada limited partnership

 

Number of Shares
Beneficially Owned
By Each

Reporting Person With

5.

 

Sole Voting Power
300,041

 

6.

 

Shared Voting Power
0

 

7.

 

Sole Dispositive Power
300,041

 

8.

 

Shared Dispositive Power
0

 

9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person
300,041

 

10.

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    o

 

11.

 

Percent of Class Represented by Amount in Row (9)
4.0%

 

12.

 

Type of Reporting Person (See Instructions)
PN

 

 

 

 

 

2



 

 

1.

 

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
GLENBROOK CAPITAL MANAGEMENT, a Nevada corporation (“GCM”)
EIN: 86-0848410

 

 

2.

 

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

(a)    o

(b)    ý

 

3.

 

SEC Use Only

 

4.

 

Citizenship or Place of Organization
Nevada corporation

 

Number of Shares
Beneficially Owned
By Each

Reporting Person With

5.

 

Sole Voting Power
0

 

6.

 

Shared Voting Power
300,041 shares, all of which are directly held by the Fund.
GCM is one of the general partners of the Fund.

 

7.

 

Sole Dispositive Power
0

 

8.

 

Shared Dispositive Power
300,041 shares, all of which are directly held by the Fund.
GCM is one of the general partners of the Fund.

 

9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

10.

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ý

 

11.

 

Percent of Class Represented by Amount in Row (9)
0%

 

12.

 

Type of Reporting Person (See Instructions)
CO

 

 

 

 

3



 

 

1.

 

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

 

 

2.

 

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

(a)    o

(b)    ý

 

3.

 

SEC Use Only

 

4.

 

Citizenship or Place of Organization
U.S.

 

Number of Shares
Beneficially Owned
By Each

Reporting Person With

5.

 

Sole Voting Power
12,300 shares, of which 7,500 shares are held directly by the Grover T. Wickersham, P.C. Employee Profit Sharing Plan, as to which Mr. Wickersham serves as trustee, and 4,800 shares are held directly by Grover T. Wickersham, P.C., the professional corporation of which Mr. Wickersham is the principal owner.

Mr. Wickersham may be deemed to be the beneficial owner of such shares.

 

6.

 

Shared Voting Power
420,641 shares, 300,041 of which are directly held by the Fund and 120,600 of which are held by Oxcal Venture Fund, L.P., a limited partnership. Mr. Wickersham serves as one of two general partners of the Fund and is a principal shareholder of the corporate general partner of Oxcal. Mr. Wickersham disclaims beneficial ownership of the shares held directly by the Fund and Oxcal.

 

7.

 

Sole Dispositive Power
12,300 shares, of which 7,500 shares are held directly by the Grover T. Wickersham, P.C. Employee Profit Sharing Plan, as to which Mr. Wickersham serves as trustee, and 4,800 shares are held directly by Grover T. Wickersham, P.C., the professional corporation of which Mr. Wickersham is the principal owner.

 

8.

 

Shared Dispositive Power
420,641 shares, 300,041 of which are directly held by the Fund and 120,600 of which are held by Oxcal. Mr. Wickersham disclaims beneficial ownership of all the shares held directly by the Fund and Oxcal.

 

9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person
12,300

 

10.

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ý

 

11.

 

Percent of Class Represented by Amount in Row (9)
.16%

 

12.

 

Type of Reporting Person (See Instructions)
IN

 

 

 

 

4



 

 

Item 1.

 

 

 

 

 

 

(a)

Name of Issuer

 

 

 

 

IRVINE SENSORS CORPORATION

 

 

 

 

 

 

 

 

(b)

Address of Issuer’s Principal Executive Offices

 

 

 

 

3001 Redhill Avenue, Building 4

 

 

 

 

Costa Mesa, CA 92626

 

 

 

 

 

 

 

 

Item 2.

 

 

 

 

 

 

(a)

Name of Person Filing

 

 

 

 

 

Glenbrook Capital, L.P. The general partners of Glenbrook Capital, L.P. are Glenbrook Capital Management, a Nevada corporation and Grover T. Wickersham.

 

 

 

 

 

 

 

(b)

Address of Principal Business Office or, if none, Residence

 

 

 

 

430 Cambridge Avenue, Suite 100

 

 

 

 

Palo Alto, CA 94306

 

 

 

 

 

 

 

 

 

 

The above address is the address for Glenbrook Capital, L.P. and Grover T. Wickersham and Glenbrook Capital Management, the general partners.

 

 

 

 

 

 

 

(c)

Citizenship

 

 

 

 

 

Glenbrook Capital, L.P. is a Nevada limited partnership. Glenbrook Capital Management, its general partner, is a Nevada corporation. Grover T. Wickersham is a U.S. citizen.

 

 

 

 

 

 

 

(d)

Title of Class of Securities

 

 

 

 

 

Common Stock

 

 

 

 

 

 

 

 

 

 

(e)

CUSIP Number

 

 

 

 

 

463664 50 8

 

 

 

 

 

 

 

 

 

Item 3.

If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

 

 

 

(a)

[  ]

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 

 

 

 

 

(b)

[  ]

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

 

 

 

 

(c)

[  ]

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

 

 

 

 

(d)

[  ]

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

 

 

 

 

 

(e)

[  ]

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 

 

 

 

 

(f)

[  ]

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

 

 

 

 

(g)

[  ]

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

 

 

 

 

 

(h)

[  ]

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

 

 

 

 

(i)

[  ]

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

 

 

 

 

(j)

[  ]

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

 

 

 

 

Inapplicable

 

 

 

5



 

Item 4.

 

Ownership

 

 

 

The information regarding ownership as set forth in Items 5-9 of Pages 2-4 hereto is hereby incorporated by reference.

 

 

 

For a summary of total ownership by all Reporting Persons, see Exhibit A hereto.

 

 

 

Item 5.

 

Ownership of Five Percent or Less of a Class

 

 

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ X ]

 

 

 

Item 6.

 

Ownership of More than Five Percent on Behalf of Another Person

 

 

 

Inapplicable

 

 

 

Item 7.

 

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

 

 

 

Inapplicable

 

 

 

Item 8.

 

Identification and Classification of Members of the Group

 

 

 

Inapplicable

 

 

 

Item 9.

 

Notice of Dissolution of Group

 

 

 

Inapplicable

 

 

 

Item 10.

 

Certification

 

 

 

By signing below I certify that, to the best of my 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.

 

 

 

6



 

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, 2003

 

 

 

 

 

 

 

 

 

 

GLENBROOK CAPITAL, LP

 

a Nevada limited partnership

 

 

 

 

 

 

By:

GLENBROOK CAPITAL MANAGEMENT

 

 

a Nevada corporation,

 

 

its General Partner

 

 

 

 

 

 

 

 

 

 

 

By:

/s/ John Perry

 

 

Name:

John Perry

 

 

Title:

Chief Financial Officer

 

 

 

 

 

 

 

GLENBROOK CAPITAL MANAGEMENT

 

a Nevada corporation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

By:

/s/ John Perry

 

 

Name:

John Perry

 

 

Title:

Chief Financial Officer

 

 

 

 

 

 

 

 

 

 

 

 

      /s/ Grover T. Wickersham

 

 

Grover T. Wickersham

 

 

 

 

 

 

7



 

EXHIBIT A

SUMMARY OF SHARE OWNERSHIP

 

Name

 

 

 

Number of Shares

Beneficially Owned

 

Percentage Owned

 

 

 

 

Direct

 

Indirect

 

Direct

 

Indirect

 

 

 

 

 

 

 

 

 

 

 

 

Glenbrook Capital, L.P.

 

 

 

300,041

 

0

 

4.0

%

0

 

Glenbrook Capital Management(1)

 

 

 

0

 

300,041(2

)

0

 

4.0

%

Grover T. Wickersham(1)

 

 

 

0

 

12,300(3

)

0

 

0.16

%

 


(1)     Glenbrook Capital Management, a Nevada corporation, and Grover T. Wickersham are the general partners of Glenbrook Capital, L.P., the Reporting Person. They are included in this Schedule 13G by virtue of that position in Glenbrook Capital, L.P., the reporting person.

(2)     Includes 300,041 shares held directly by Glenbrook Capital, L.P., as to which Glenbrook Capital Management may be deemed to be a beneficial owner by virtue of its position as a general partner of the limited partnership.

(3)     Includes (i) 7,500 shares held directly by the Grover T. Wickersham, P.C. Employee Profit Sharing Plan, as to which Mr. Wickersham serves as trustee, as to which he may be deemed to be the beneficial owner, but as to which he disclaims beneficial ownership to the extent such shares are held for the benefit of the employee-participants of the plan; (ii) 4,200 shares held directly by the Grover T. Wickersham, P.C., the professional corporation of which Mr. Wickersham is the majority owner, but excludes (a) 300,041 shares held directly by Glenbrook Capital, L.P., as to which Grover T. Wickersham may be deemed to be a beneficial owner by virtue of his position as a general partner of the limited partnership, but as to which Mr. Wickersham disclaims beneficial ownership; and (b) 120,600 shares held directly by Oxcal Venture Fund, L.P., as to which Mr. Wickersham may be deemed to be a beneficial owner by virtue of his position as a principal shareholder of the corporate general partner of the limited partnership, but as to which Mr. Wickersham disclaims beneficial ownership. Were the shares owned by Glenbrook Capital, L.P. and Oxcal Venture Fund, L.P. beneficially owned by Mr. Wickersham and not disclaimed, the total number of shares beneficially owned by him would be 432,941 and the percentage ownership would be 5.72%, based on the total number of shares of Common Stock outstanding of 7,566,839, as reported in the Issuer’s definitive proxy statement filed on January 28, 2003.

 

 

 

8




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