-----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, Hb0FWXmwX9gBi7dCqKlgF91a25LlUIJB/Y+RNiMNs2zdb91MDP1b9Z5vo9EPx6Gl 5XmY5DoqQ+uBMlYbZlKM+g== 0000932384-97-000066.txt : 19970225 0000932384-97-000066.hdr.sgml : 19970225 ACCESSION NUMBER: 0000932384-97-000066 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970224 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ULTIMATE ELECTRONICS INC CENTRAL INDEX KEY: 0000911626 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES [5731] IRS NUMBER: 840585211 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-50453 FILM NUMBER: 97542160 BUSINESS ADDRESS: STREET 1: 321A WEST 84TH AVE CITY: DENVER STATE: CO ZIP: 80221-4878 BUSINESS PHONE: 3034122500 MAIL ADDRESS: STREET 1: 321A WEST 84TH AVE CITY: THOMTON STATE: CO ZIP: 80221 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PEARSE WILLIAM J CENTRAL INDEX KEY: 0000923430 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O ULTIMATE ELECTRONICS INC STREET 2: 321 A W 84TH AVE CITY: DENVER STATE: CO ZIP: 80221-4878 SC 13G 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 2)/1/ ULTIMATE ELECTRONICS, INC. - ---------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share - ---------------------------------------------------------------------- (Title of Class of Securities) 903849 10 7 ----------- (CUSIP Number) 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.) ____________________ /1/ 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 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). Page 1 of 7 pages ULTIMATE ELECTRONICS, INC. CUSIP NO. 903849 10 7 SCHEDULE 13G - ---------------------------------------------------------------------- (1) Name of Reporting Person; S.S. or I.R.S. Identification No. William J. Pearse (2) Check the Appropriate Box if a Member (a) [ ] of a Group (See Instructions) (b) [ ] N/A (3) SEC Use Only (4) Citizenship or Place of Organization United States Number of Shares (5) Sole Voting Power 1,127,500 Beneficially Owned ----------------------- by Each Reporting (6) Shared Voting Power 0 Person With --------------------- (7) Sole Dispositive Power 1,127,500 ------------------ (8) Shared Dispositive Power 0 ---------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,127,500 shares (10) Check Box if the Aggregate Amount in Row (9) [ ] Excludes Certain Shares (See Instructions) Page 2 of 7 Pages ULTIMATE ELECTRONICS, INC. CUSIP NO. 903849 10 7 SCHEDULE 13G - ---------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) 16.1% (12) Type of Reporting Person (See Instructions) IN Page 3 of 7 Pages ULTIMATE ELECTRONICS, INC. CUSIP NO. 903849 10 7 SCHEDULE 13G - ---------------------------------------------------------------------- Item 1(a). Name of Issuer: Ultimate Electronics, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 321-A West 84th Avenue Thornton, Colorado 80221 Item 2(a). Name of Person Filing: William J. Pearse Item 2(b). Address of Principal Business Office: 321-A West 84th Avenue Thornton, Colorado 80221 Item 2(c). Citizenship: U.S.A. Item 2(d). Title of Class of Securities: Common Stock, par value $0.01 per share Item 2(e). CUSIP Number: 903849 10 7 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: Not applicable. Page 4 of 7 Pages ULTIMATE ELECTRONICS, INC. CUSIP NO. 903849 10 7 SCHEDULE 13G - ---------------------------------------------------------------------- Item 4. Ownership Amount Beneficially Owned: 1,127,500 shares /2/ Percent of Class: 16.1% /3/ Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 1,127,500 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 1,127,500 (iv) shared power to dispose or to direct the disposition of: 0 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 Person: Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: Not applicable. Item 8. Identification and Classification of Members of the Group: Not applicable. ____________________ /2/ As of December 31, 1996. Includes (1) 1,120,000 shares owned directly by Mr. Pearse, (2) 7,500 shares beneficially owned by Mr. Pearse pursuant to currently exercisable options, or options exercisable within sixty days of December 31, 1996, granted to Mr. Pearse by Ultimate Electronics, Inc. under its employee stock option plan. /3/ Based on 7,002,500 shares of Common Stock deemed to be outstanding on December 31, 1996. Page 5 of 7 Pages ULTIMATE ELECTRONICS, INC. CUSIP NO. 903849 10 7 SCHEDULE 13G - ---------------------------------------------------------------------- Item 9. Notice of Dissolution of Group: Not applicable. Item 10. Certification: Not applicable. Page 6 of 7 Pages ULTIMATE ELECTRONICS, INC. CUSIP NO. 903849 10 7 SCHEDULE 13G - ---------------------------------------------------------------------- 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: February 12, 1997 /S/ WILLIAM J. PEARSE -------------------------------------- Signature William J. Pearse -----END PRIVACY-ENHANCED MESSAGE-----