-----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, TlE8X/eV/s6ALlTzVaz9/Fv1EjXvFZFW6ozqMGtMJ2xrIdA0vh9LuCPenfTtniFs /1Uop/NZTdAcaGKq5Ifwzw== 0001130381-08-000010.txt : 20080215 0001130381-08-000010.hdr.sgml : 20080215 20080214173524 ACCESSION NUMBER: 0001130381-08-000010 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080215 DATE AS OF CHANGE: 20080214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SPORT CHALET INC CENTRAL INDEX KEY: 0000892907 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS SHOPPING GOODS STORES [5940] IRS NUMBER: 954390071 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-42862 FILM NUMBER: 08619538 BUSINESS ADDRESS: STREET 1: ONE SPORT CHALET DRIVE CITY: LA CANADA STATE: CA ZIP: 91101 BUSINESS PHONE: 8187902717X256 MAIL ADDRESS: STREET 1: ONE SPORT CHALET DRIVE CITY: LA CANADA STATE: CA ZIP: 91011 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEDBUSH, Inc. CENTRAL INDEX KEY: 0001130381 IRS NUMBER: 953565499 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1000 WILSHIRE BLVD CITY: LOS ANGELES STATE: CA ZIP: 90017 BUSINESS PHONE: 2136888080 MAIL ADDRESS: STREET 1: 1000 WILSHIRE BLVD CITY: LOS ANGELES STATE: CA ZIP: 90017 FORMER COMPANY: FORMER CONFORMED NAME: E CAPITAL CORP DATE OF NAME CHANGE: 20001221 SC 13G/A 1 spcha2008.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE13G/A Under the Securities Exchange Act of 1934 (Amendment No__2__)* Sport Chalet, Inc. - --------------------------------------------------------------------- (Name of Issuer) Class A Common Stock, par value $0.01 - --------------------------------------------------------------------- (Title of Class of Securities) 849163209 ----------------- (CUSIP Number) December 31, 2007 - --------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: /x/ Rule 13d-1(b) /x/ Rule 13d-1(c) / / 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 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). 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. SEC 1745 (3-98) Page 1 of 9 CUSIP No. 849163209 - -------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) WEDBUSH, Inc. - --------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) /x/ (b) / / - --------------------------------------------------------------------- 3. SEC Use Only - --------------------------------------------------------------------- 4. Citizenship or Place of Organization California - --------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 648,912 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 917,584 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 648,912 ---------------------------------------------- 8.Shared Dispositive Power 1,007,334 - --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,007,334 - --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / - --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 8.2% - --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) - --------------------------------------------------------------------- CO Page 2 of 9 CUSIP No. 849163209 - -------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Edward W. Wedbush - --------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) /x/ (b) / / - --------------------------------------------------------------------- 3. SEC Use Only - --------------------------------------------------------------------- 4. Citizenship or Place of Organization United States of America - --------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 229,950 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 917,584 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 229,950 ---------------------------------------------- 8.Shared Dispositive Power 1,007,334 - --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,007,334 - --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / - --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 8.2% - --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) - --------------------------------------------------------------------- IN Page 3 of 9 CUSIP No. 849163209 - -------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Wedbush Morgan Securities, Inc. - --------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) /x/ (b) / / - --------------------------------------------------------------------- 3. SEC Use Only - --------------------------------------------------------------------- 6. Citizenship or Place of Organization California - --------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 38,722 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 917,584 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 38,722 ---------------------------------------------- 8.Shared Dispositive Power 1,007,334 - --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,007,334 - --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / - --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 8.2% - --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) - --------------------------------------------------------------------- BD Page 4 of 9 Cusip No. 849163209 13G Sport Chalet, Inc. - --------------------------------------------------------------------- Item 1. Name and Address of Issuer. (a) This statement relates to the shares of the common stock of Sport Chalet, Inc. ("Issuer"). (b) Issuer's address: One Sport Chalet Drive, La Canada, California 91011 Item 2. Filers (a) This statement is filed by WEDBUSH, Inc. ("WI"), Edward W. Wedbush ("EWW") and Wedbush Morgan Securities, Inc. ("WMS"). (b) Business address of the above filers are as follows: WI - 1000 Wilshire Blvd., Los Angeles, CA 90017-2457 EWW - P.O. Box 30014, Los Angeles, CA 90030-0014 WMS - P.O. Box 30014, Los Angeles, CA 90030-0014 (c) WI is a California corporation. EWW is a citizen of the United States of America. WMS is a California corporation. (d) Common stock (e) 849163209 Item 3. Classification of Filers (a) WMS is a broker/dealer (b) - (j) Not applicable (g) WI is a control person Page 5 of 9 Item 4. Ownership (a) WI has sole ownership of 648,912 Shares of the Issuer; EWW has sole ownership of 229,950 Shares; and WMS has sole ownership of 38,722 Shares. (b) Of the Shares outstanding, WI owns approximately 5.26%; EWW owns approximately 1.86%; and WMS owns approximately 0.31%. (c) Number of Shares as to which the filer has: (i) Sole power to vote: WI has sole power to vote on 648,912 Shares; EWW has 229,950 sole Shares; and WMS has 38,722 sole Shares. (ii) Shared power to vote: WI has 917,584 Shares; EWW has 917,584 Shares; and WMS has 917,584 Shares. (iii) Sole power to dispose: WI has sole power to dispose on 648,912 Shares; EWW has 229,950 Shares to dispose; and WMS has 38,722 Shares to dispose. (iv) Shared power to dispose; WI has 1,007,334 Shares; EWW has 1,007,334 Shares; WMS has 1,007,334 Shares. Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More Than Five Percent on Behalf of Another. Not applicable. Item 7. Identification and Classification of Subsidiary which Acquired the Securities Being Reported on by the Parent Holding Company. Not Applicable. Page 6 of 9 Item 8. Identification and Classification of Members of a Group. Name Category No.ofShares Percentage WEDBUSH, Inc. CO 648,912 5.26% Edward W. Wedbush IN 229,950 1.86% Wedbush Morgan Securities, Inc. BD 38,722 0.31% EWW is the Chairman of WI. EWW owns a majority of the outstanding Shares of WI. EWW is the President of WMS. WI owns a majority of the shares of WMS. Accordingly, EWW may be deemed the beneficial owner of the Issuer's Shares owned by WI. However, beneficial ownership of the Issuer's Shares is hereby disclaimed by EWW. Item 9. Notice of Dissolution of Group. Not applicable. Page 7 of 9 Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the Issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. 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. WEDBUSH, Inc. 2/6/08 - --------------------------- Date ERIC D. WEDBUSH - ------------------ Eric D. Wedbush - --------------------------- Signature ERIC D. WEDBUSH - ------------------ Eric D. Wedbush/ President - --------------------------- Name/Title Edward W. Wedbush 2/6/08 - --------------------------- Date EDWARD W. WEDBUSH - ------------------ Edward W. Wedbush - --------------------------- Signature EDWARD W. WEDBUSH - ------------------ Edward W. Wedbush - --------------------------- Name/Title Page 8 of 9 Wedbush Morgan Securities, Inc. 2/6/08 - --------------------------- Date EDWARD W. WEDBUSH - ------------------ Edward W. Wedbush - --------------------------- Signature Edward W. Wedbush/ President - --------------------------- Name/Title Page 9 of 9 -----END PRIVACY-ENHANCED MESSAGE-----