-----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, UD/L/XEQX49MYatdTLExDucTTOeBHKZYAWwA16Urvuh2QK6h/S54M7HIhLVzjNv8 97B6k9T5VgoCK6xHWeW3vw== 0001017062-02-002029.txt : 20021122 0001017062-02-002029.hdr.sgml : 20021122 20021122163540 ACCESSION NUMBER: 0001017062-02-002029 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20021122 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHECKERS DRIVE IN RESTAURANTS INC /DE CENTRAL INDEX KEY: 0000879554 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 581654960 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-42091 FILM NUMBER: 02838154 BUSINESS ADDRESS: STREET 1: 4300 WEST CYPRESS STREET STREET 2: SUITE 600 CITY: TAMPA STATE: FL ZIP: 33607 BUSINESS PHONE: 8132837000 MAIL ADDRESS: STREET 1: 4300 WEST CYPRESS STREET STREET 2: SUITE 600 CITY: TAMPA STATE: FL ZIP: 33607 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CKE RESTAURANTS INC CENTRAL INDEX KEY: 0000919628 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 330602639 STATE OF INCORPORATION: DE FISCAL YEAR END: 0125 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 401 WEST CARL KARCHER WAY CITY: ANAHEIM STATE: CA ZIP: 92801 BUSINESS PHONE: 7147745796 MAIL ADDRESS: STREET 1: 401 WEST CARL KARCHER WAY CITY: ANAHEIM STATE: CA ZIP: 92801 SC 13D/A 1 dsc13da.htm SCHEDULE 13D AMENDMENT #8 Schedule 13D Amendment #8
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
SCHEDULE 13D/A
 
(Amendment No. 8)
 
Under the Securities Exchange Act of 1934
 

 
CHECKERS DRIVE-IN RESTAURANTS, INC.
(Name of Issuer)
 
COMMON STOCK
(Title of Class of Securities)
 
162809-10-7
(CUSIP Number)
 
Robert A. Wilson
Senior Vice President and Assistant Secretary
CKE Restaurants, Inc.
401 W. Carl Karcher Way
Anaheim, CA 92801
Telephone: (714) 774-5796
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
 
Copies to:
C. Craig Carlson, Esq.
Stradling Yocca Carlson & Rauth
660 Newport Center Drive, Suite, 1600
Newport Beach, CA 92660
Telephone: (949) 725-4000
 
July 15, 2002
(Date of Event which Requires Filing of this Statement)
 

 
If the filing person has previously filed 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(e), 13d-1(f) or 13d-1(g), check the following box.  ¨
 

 


 
SCHEDULE 13D
 

   

CUSIP No. 162809-10-7
     
Page 2 of 5 Pages

   

 





  1.

 
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
CKE Restaurants, Inc.            33-0602639
   





  2.
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)  ¨
(b)  ¨





  3.

 
SEC USE ONLY
 
   





  4.

 
SOURCE OF FUNDS
 
OO            
   





  5.

 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e)
 
 
¨





  6.

 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
   





NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
  7.    SOLE VOTING POWER
 
          446,000

  8.    SHARED VOTING POWER
 
          -0-

  9.    SOLE DISPOSITIVE POWER
 
          446,000

10.    SHARED DISPOSITIVE POWER
 
          -0-



11.

 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
446,000
   





12.

 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
 
¨
 





13.

 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
Approximately 3.6% (1)
   





14.

 
TYPE OF REPORTING PERSON
 
CO
   





(1)
 
Based upon 12,252,365 shares of the issuer’s common stock outstanding as stated on its Quarterly Report on Form 10-Q for the quarterly period ended September 9, 2002.

2


 
This Amendment No. 8 amends the Statement on Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) on January 24, 1997, as amended by Amendment No. 1 to Schedule 13D filed with the SEC on March 5, 1997 (as amended), by Amendment No. 2 to Schedule 13D filed with the SEC on August 25, 1997, and by Amendment No. 3 to Schedule 13D filed with the SEC on December 30, 1997, and by Amendment No. 4 to Schedule 13D filed with the SEC on August 8, 2000, and by Amendment No. 5 to Schedule 13D filed with the SEC on December 1, 2000, and by Amendment No. 6 to Schedule 13D filed with the SEC on July 2, 2001, and by Amendment No. 7 filed with the SEC on April 16, 2002 and relates to the common stock, par value $0.001 per share (the “Common Stock”), of Checkers Drive-In Restaurants, Inc., a Delaware corporation (the “Company”), and is filed by CKE Restaurants, Inc., a Delaware corporation and one of the Reporting Lenders and Reporting Buyers identified therein pursuant to Rule 13d-2 under the Securities Exchange Act of 1934, as amended.
 
Item 4.    Purpose of Transaction
 
Between April 22, 2002 and August 12, 2002, CKE Restaurants, Inc., a Delaware corporation (“CKE”), sold approximately 536,030 shares of the Company’s Common Stock in open market transactions. It is CKE’s intent to sell all of its holdings of the Company’s Common Stock in open market transactions as price and market conditions permit. On or about July 15, 2002, CKE ceased to be the beneficial owner of more than 5% of the Company’s Common Stock. The primary purpose of the sales by CKE of the Company’s Common Stock was to realize liquidity on its investment.
 
Item 5.    Interest in Securities of the Issuer
 
(a)    As of August 12, 2002, after giving effect to the transactions described in Item 4 above, CKE beneficially owned 446,000 shares, or approximately 3.6% of the outstanding shares, of the Company’s Common Stock. The percentage given is based upon the 12,252,365 shares of the Company’s Common Stock outstanding, as stated in its Quarterly Report on Form 10-Q for the quarterly period ended September 9, 2002.
 
(b)    CKE has the sole power to vote, direct the voting of, and dispose of or direct the disposition of the 446,000 shares of the Company’s Common Stock beneficially owned by it.
 
(c)    Except for the transactions described in Item 4 above, CKE has not effected any transaction in the Company’s Common Stock during the past sixty (60) days.
 
(d)    Not applicable.
 
(e)    On or about July 15, 2002, CKE ceased to be the beneficial owner of more than 5% of the Company’s Common Stock.
 
Item 6.    Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
 
On July 1, 1996, the Company entered into a ten-year operating agreement with Carl Karcher Enterprises, Inc., a subsidiary of CKE that operates the Carl’s Jr. restaurant chain. Pursuant to the agreement, CKE began operating 29 Rally’s Hamburger, Inc. (“Rally’s”) owned restaurants located in California and Arizona, two of which were converted to a Carl’s Jr. format. Including closures from prior periods, there were 23 remaining restaurants as of July 3, 2001 operating under the

3


 
agreement when the Company repossessed all but the two operating as Carl’s Jr. in accordance with the terms of the original operating agreement. The original agreement was cancelable after an initial five-year period, or July 1, 2001, at the discretion of CKE. The agreement was approved by a majority of the independent Directors of the Company. Prior to the agreement, the Company’s independent Directors had received an opinion as to the fairness of the agreement, from a financial point of view, from an investment banking firm of national standing. Under the terms of the operating agreement, CKE was responsible for any conversion costs associated with transforming restaurants to the Carl’s Jr. format, as well as, the operating expenses of all the restaurants. The Company had retained ownership of all the restaurants, two of which were Carl’s Jrs. and was entitled to receive a percentage of gross revenues generated by each restaurant. CKE filed the agreement as Exhibit 10-43 to CKE’s Quarterly Report on Form 10-Q for the quarterly period ended May 20, 1996, and the agreement is hereby incorporated by reference.

4


 
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.
 
Date: November 21, 2002
     
CKE RESTAURANTS, INC.
           
By:
 
/s/    ROBERT A. WILSON

           
Name:
 
Robert A. Wilson
           
Title:
 
Senior Vice President and Assistant Secretary

5
-----END PRIVACY-ENHANCED MESSAGE-----