-----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, HU+aYCPKM6mgG3J1ECSxFYrSPPuKlHPjMajVJxwCNesU7mvr6RwjdBVb9ltmH4Jz Cxx7SjoqrQHxeH2apFl4nw== 0000950147-98-000170.txt : 19980305 0000950147-98-000170.hdr.sgml : 19980305 ACCESSION NUMBER: 0000950147-98-000170 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980304 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ACTION PERFORMANCE COMPANIES INC CENTRAL INDEX KEY: 0000892147 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MISC DURABLE GOODS [5090] IRS NUMBER: 860704792 STATE OF INCORPORATION: AZ FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-45273 FILM NUMBER: 98556916 BUSINESS ADDRESS: STREET 1: 2401 W 1ST ST STREET 2: STE 130 CITY: TEMPE STATE: AZ ZIP: 85281 BUSINESS PHONE: 6028940100 MAIL ADDRESS: STREET 1: 2401 W 1ST STREET CITY: TEMPE STATE: AZ ZIP: 85281 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WAGENHALS FRED W CENTRAL INDEX KEY: 0000937437 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 2401 WEST FIRST STREET CITY: TEMPE STATE: AR ZIP: 85281 BUSINESS PHONE: 6028940100 MAIL ADDRESS: STREET 1: 2401 WEST FIRST STREET CITY: TEMPE STATE: AR ZIP: 85281 SC 13D/A 1 AMENDMENT TO SC 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3)* Action Performance Companies, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 004933 10 7 ------------------------------------------ (CUSIP Number) Fred W. Wagenhals, 4707 E. Baseline Road, Phoenix, Arizona 85040 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 10, 1998 ------------------------------------------ (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 |_|. 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. 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). SCHEDULE 13D - --------------------- --------------------- CUSIP NO. 004933 10 7 Page 2 of 4 Pages ----------- - --------------------- --------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Fred W. Wagenhals - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. ================================================================================ 7 SOLE VOTING POWER 2,194,933 NUMBER OF ------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY -0- EACH ------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 2,194,933 ------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- ================================================================================ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,194,933 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.3% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. - --------------------- ----------------------- CUSIP NO. 004933 10 7 Page 3 of 4 Pages ----------- - --------------------- ----------------------- Item 1. Security and Issuer This Amendment No. 3 to Schedule 13D relates to the Common Stock, par value $.01 per share (the "Common Stock") of Action Performance Companies, Inc. (the "Issuer"). The Issuer's principal executive offices are located at 4707 E. Baseline Road, Phoenix, Arizona 85040. Item 5. Interest in Securities of the Issuer (a) The Reporting Person beneficially owns an aggregate of 2,194,933 shares, representing 13.3% of the Issuer's outstanding Common Stock. (b) Number Percent of Shares of Class --------- -------- Sole Power to Vote Securities: 2,194,933 13.3% Shared Power to Vote Securities: 0 0.0 Sole Power to Dispose of Securities: 2,194,933 13.3% Shared Power to Dispose of Securities: 0 0.0 The number of shares and percentage shown includes (i) 290,000 shares issuable upon exercise of outstanding stock options that are vested and exercisable as of the date of this Amendment No. 3 to Schedule 13D and (ii) 5,333 shares issuable upon exercise of options that will vest and become exercisable within 60 days of the date of this Amendment No. 3 to Schedule 13D, but does not include 40,667 shares issuable upon exercise of outstanding stock options that are not exercisable within 60 days of the date of this Amendment No. 3 to Schedule 13D. (c) On January 29, 1998, the Issuer granted the Reporting Person options to acquire 30,000 shares of Common Stock at an exercise price of $30.75 per share. One-third of such options vest and become exercisable on each of the first, second, and third anniversaries of the date of grant. On February 10, 1998, the Reporting Person sold an aggregate of 200,000 shares of Common Stock at a price of $35.1875 per share pursuant to Rule 144 under the Securities Act of 1933, as amended. The Reporting Person made no other transactions in the Issuer's Common Stock during the 60 days prior to and including the date of this Amendment No. 3 to Schedule 13D. (d) Not applicable. (e) Not applicable. - --------------------- ----------------------- CUSIP NO. 004933 10 7 Page 4 of 4 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. March 2, 1998 /s/ Fred W. Wagenhals ------------- --------------------------------------------- Date Signature Fred W. Wagenhals, Chairman of the Board, President and Chief Executive Officer of Action Performance Companies, Inc. --------------------------------------------- Name/Title -----END PRIVACY-ENHANCED MESSAGE-----