-----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, AXeUvJOBxIq+0oLUOAg77PUEW/wqLTx+oO2QQ45oNJ1hjB7aT9AM0G5azdgTdCXi XnRE34G+0FuqF7ceZpI27Q== 0000898430-01-500950.txt : 20010611 0000898430-01-500950.hdr.sgml : 20010611 ACCESSION NUMBER: 0000898430-01-500950 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010608 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GIANT GROUP LTD CENTRAL INDEX KEY: 0000041296 STANDARD INDUSTRIAL CLASSIFICATION: [9995] IRS NUMBER: 230622690 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-02967 FILM NUMBER: 1657837 BUSINESS ADDRESS: STREET 1: 9440 SANTA MONICA BLVD STREET 2: SUITE 407 CITY: BEVERLY HILLS STATE: CA ZIP: 90210 BUSINESS PHONE: 3102735678 MAIL ADDRESS: STREET 1: 9440 SANTA MONICA BLVD STREET 2: SUITE 407 CITY: LOS ANGELES STATE: CA ZIP: 90210 FORMER COMPANY: FORMER CONFORMED NAME: GIANT PORTLAND & MASONRY CEMENT CO DATE OF NAME CHANGE: 19850610 FORMER COMPANY: FORMER CONFORMED NAME: GIANT PORTLAND CEMENT CO DATE OF NAME CHANGE: 19770921 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SUGARMAN BURT R CENTRAL INDEX KEY: 0001007615 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 9000 SUNSET BOULEVARD STREET 2: 16TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90069 BUSINESS PHONE: 3102735678 MAIL ADDRESS: STREET 1: 9000 SUNSET BOULVARD STREET 2: 16TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90069 SC 13D 1 dsc13d.txt SCHEDULE 13D -------------------------------------- | -------------------------------- | / OMB APPROVAL / | -------------------------------- EDIT OR DELETE AS NECESSARY-------------->| / OMB Number: 3235-0145 / | / Expires: August 31, 1999 / | / 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. 17)* GIANT GROUP, LTD. ________________________________________________________________________________ (Name of Issuer) COMMON SOTCK, PAR VALUE $.01 PAR VALUE ________________________________________________________________________________ (Title of Class of Securities) 374503100 _______________________________________________________________ (CUSIP Number) JEFF SOZA 2121 AVENUE OF THE STARS, #1800, LOS ANGELES, CA 90067 TEL (310) 282-6271 ________________________________________________________________________________ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) MAY 29, 2001 _______________________________________________________________ (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(b)(3) or (4), check the following box [_]. Check the following box if a fee is being paid with the statement [X]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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. SCHEDULE 13D - ----------------------- --------------------- CUSIP NO. 374503-10-0 PAGE 2 OF 5 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON BURT SUGARMAN - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 NONE - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 U.S. - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 3,037,622 ** SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 -0- OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 3,037,622 ** PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 -0- - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 3,037,622 ** - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 [X] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 67.65% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 IN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! ** Includes 148,950 shares owned by Mr. Sugarman's spouse. Mr. Sugarman will not vote these shares. SECURITY AND ISSUER Reference is hereby made to that certain Schedule 13D, dated January 13, 1982, as amended, filed by Burt Sugarman with respect to the common stock, par value $0.01 per share (the "Common Stock"), of GIANT GROUP, LTD., a Delaware corporation (the "Company"), collectively referred to herein as the "Schedule." Unless otherwise indicated, capitalized terms used herein have the meanings ascribed to them in the Schedule. Unless otherwise indicated herein, the information contained in the Schedule, as amended to date, remains unchanged. The Schedule is hereby amended as follows: ITEM 1. The address of the principal executive offices of the Company is 9440 Santa Monica Blvd., Suite 407, Beverly Hills, California 90210. ITEM 2. IDENTITY AND BACKGROUND (b) Mr. Sugarman's business address is 9440 Santa Monica Blvd., Suite 407, Beverly Hills, CA 90210. (c) Mr.Sugarman is a director of Checker's Drive-In Restaurants formerly Rally's Hamburgers Inc., in which the Company has an equity investment of approximately 8%. Mr. Sugarman is also a director of Santa Barbara Restaurant Group. ITEM 4. PURPOSE OF TRANSACTION On April 19, 2001, the Company offered to purchase any and all outstanding shares of its Common Stock for $.50 per share. The Company filed Schedule 13E-3 and Schedule TO, as amended, related to the Company's Tender Offer. Mr. Sugarman voluntarily tendered 100,000 of his shares. Mr. Sugarman currently holds 1,089,470 shares of Common Stock for investment purposes. Mr. Sugarman and GIANT'S Board of Directors are exploring alternatives to being a public company. The Tender Offer was an attempt to make GIANT a private company. However, the Company did not have the required number of shareholders tender their shares for the Company to become private. There can be no assurance that GIANT will undertake any of the previously mentioned courses of action. ITEM 5. INTEREST OF SECURITIES OF THE ISSUER (a) - (b) Mr. Sugarman beneficially owns 67.65% of the Common Stock including shares owned by his spouse, who has sole voting and dispositive power with respect to her shares. The Percentage Calculation is based upon 2,691,069 shares of Common Stock outstanding as of May 29, 2001. Mr. Sugarman has sole power to vote and direct the disposition of the shares of Common Stock beneficially owned by him. Of the 3,037,622 shares of Common Stock beneficially owned by Mr. Sugarman (which includes 148,950 shares owned by Mr. Sugarman's spouse), 1,799,202 shares which would be acquired upon exercise of stock options which are presently exercisable. These options were granted under the Company's 1985 Non-Qualified Stock Option Plan and 1996 Employee Stock Option Plan. (c) Other than the transactions described in this Form 13-D, Mr. Sugarman has not effected any transactions involving the Common Stock within the last 60 days, (d) Not applicable (e) Not applicable ITEM 6. CONTRACT, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECTS TO SECURITIES OF THE ISSUER. Except as described in this Form 13-D, Mr Sugarman is not a party to any agreements, arrangements, understandings or relationships (legal or otherwise) relating to the Common Stock. ITEM 7. MATERIALS TO BE FILED AS EXHIBITS None 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: June 7, 2001 /s/ BURT SUGARMAN ------------------ Burt Sugarman -----END PRIVACY-ENHANCED MESSAGE-----