-----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, DaEs+uZGEKVcLKYwqlB1fcMHnXY7B6YNNsD1UpD0W9MSgoL7r0qGikyxtnyne0Et FJFcWBrgx23NvVkfCreYmQ== 0000096289-97-000039.txt : 19971127 0000096289-97-000039.hdr.sgml : 19971127 ACCESSION NUMBER: 0000096289-97-000039 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971126 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTERTAN INC CENTRAL INDEX KEY: 0000803227 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES [5731] IRS NUMBER: 752130875 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-42871 FILM NUMBER: 97728491 BUSINESS ADDRESS: STREET 1: 201 MAIN STREET SUITE 1805 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 8173489701 MAIL ADDRESS: STREET 1: 201 MAIN ST STREET 2: STE 1805 CITY: FORT WORTH STATE: TX ZIP: 76102 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TANDY CORP /DE/ CENTRAL INDEX KEY: 0000096289 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES [5731] IRS NUMBER: 751047710 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 100 THROCKMORTON ST STREET 2: STE 1800 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 8173903700 MAIL ADDRESS: STREET 1: 100 THROCKMORTON SUITE 1800 CITY: FORTH WORTH STATE: TX ZIP: 76102 FORMER COMPANY: FORMER CONFORMED NAME: TANDY LEATHER CO DATE OF NAME CHANGE: 19681216 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN HIDE & LEATHER CO DATE OF NAME CHANGE: 19660825 SC 13D 1 INTERTAN, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Amendment No. 1 Under the Securities Exchange Act of 1934 InterTAN, Inc. ---------------------------------------------------- Name of Issuer) Common Stock ---------------------------------------------------- (Title of Class of Securities) 461120 ---------------------------------------------------- (CUSIP Number) Mark C. Hill, Vice President and Secretary Trans World Electronics, Inc. 100 Throckmorton Street, Suite 1900 Fort Worth, Texas 76102 (817) 415-3924 ---------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 11, 1997 ---------------------------------------------------- (Date of Event which Requires Filing of 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 this statement [ ]. (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.) CUSIP NO. 461120 Pages 2 of 4 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON TRANS WORLD ELECTRONICS, INC. IRS # 75-0035470 - --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - --------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - --------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(E) [ ] - --------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS - --------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 1,449,007 SHARES - ---------------------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH NONE REPORTING - ---------------------------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 1,449,007 ---------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER NONE - --------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,449,007 - --------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - --------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.72%[= 1,449,007/all outstanding common plus warrants] - --------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - --------------------------------------------------------------------------- (2) CUSIP NO. 461120 Pages 3 of 4 Item 1 is hereby Amended as follows: Item 1. Security and Issuer InterTAN Inc., a Delaware corporation ("InterTAN") common stock, par value $1.00 per share. Principal executive officers of InterTAN: Name and Title Address James T. Nichols 201 Main Street, Suite 1805 President and Chief Fort Worth, Texas 76102 Executive Officer James G. Gingerich 201 Main Street, Suite 1805 Senior Vice President, Fort Worth, Texas 76102 Chief Financial Officer David Goldberg 201 Main Street, Suite 1805 Vice President, Fort Worth, Texas 76102 Secretary and General Counsel Douglas C. Saunders 201 Main Street, Suite 1805 Vice President, Fort Worth, Texas 76102 Corporate Controller Item 2 is hereby Amended as follows: Item 2. Identity and Background (a) Name of Filing Person: Trans World Electronics, Inc. (b) Business Address of Filing Person: 100 Throckmorton Street, Suite 1800 Fort Worth, Texas 76102 (c) Principal Occupation: Not Applicable (d) Certain Criminal Proceedings: Not Applicable. Filing Person has not been convicted of a violation of any state or federal securities laws in one of the named types of criminal proceedings during the last five calendar years. (e) Certain Civil Proceedings: Not Applicable. Filing Person has not been a party to any civil proceeding involving a judgment, decree or final order enjoining future violations of or prohibiting or mandating certain actions subject to state or federal securities laws or finding any violations with respect to such laws. (f) Jurisdiction of organization: A Texas corporation (3) CUSIP NO. 461120 Pages 4 of 4 Item 4 is hereby amended as follows: Item 4. Purpose of Transaction InterTAN has issued Warrants to purchase 1,449,007 shares of InterTAN common stock, par value $1.00 per share (the "Warrants") to Trans World Electronics, Inc. ("TWE") pursuant to a Warrant Agreement dated August 5, 1993 between InterTAN and TWE (the "Warrant Agreement"). The Warrants are presently exercisable at the exercise price of $6.618 per share. The Warrants were issued as partial consideration for TWE's agreement to acquire certain debt of InterTAN and its subsidiaries, and for the renewal of certain license agreements between Tandy Corporation ("Tandy") and InterTAN and a Merchandise Agreement between A&A International, Inc. and InterTAN. The Warrants have been registered with the Securities Exchange Commission. In addition, TWE, Tandy and InterTAN, have entered into a letter of intent on November 11, 1997 providing that TWE will not effect any transactions regarding the Warrants until InterTAN repays the Series A Promissory Note or December 31, 1997, whichever occurs earlier. If InterTAN repays in full the Series A Promissory Note on or before 12/31/97 TWE will surrender all 1,449,007 Warrants to InterTAN for cancellation. There can be no assurance that this early repayment will occur given that the consummation of this transaction is subject to a number of conditions including InterTAN's obtaining third party consents. If the transaction does not occur, Tandy will continue to hold the Warrants for investment purposes. Item 5 is hereby amended as follows: Item 5. Interest in Securities of the Issuer (a) Aggregate Number and Percent of Class of Securities: Warrants to acquire 1,449,007 shares of InterTAN common stock which is approximately 10.72% of the InterTAN common stock outstanding (including warrants). (b) Sole Voting and Dispositive Power: 1,449,007 shares. (c) Transactions in Common Stock During the Next Sixty Days: See Response to Item 4. (d) Other Persons with Right to Receive or Direct the Receipt of Dividends From, or The Proceeds From the Sale of Such Securities: None. (e) Date on Which Person Ceased to Own Securities: Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Not Applicable Item 7. Material to Be Filed as Exhibits (1) Not Applicable (2) a) Warrant Agreement b) Registration Rights Agreement c) Warrant Certificate (3) Not Applicable 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. November 25, 1997 ________________________________________ Dwain H. Hughes Vice President and Treasurer (4) -----END PRIVACY-ENHANCED MESSAGE-----