-----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, LaaeolinSEtlZW7yzJ+zDV1nMpsy0dP5/62Gnj1b/TIC4yeF4FSeJkGlwq0h07xe d6wzSl3izn8T2wpQvKAMTw== 0000950131-01-503200.txt : 20010903 0000950131-01-503200.hdr.sgml : 20010903 ACCESSION NUMBER: 0000950131-01-503200 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20010831 GROUP MEMBERS: DOUGLAS S. STEPHENS GROUP MEMBERS: FRANK O. KEENER GROUP MEMBERS: JACK A. LAUGHERY GROUP MEMBERS: MARTIN T. HART GROUP MEMBERS: MERIDA L. SHERMAN GROUP MEMBERS: MICHAEL J. GRISANTI GROUP MEMBERS: MICHAEL M. FLEISHMAN GROUP MEMBERS: NICHOLAS H. SHERMAN GROUP MEMBERS: STEPHEN P. LANGFORD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PJ AMERICA INC CENTRAL INDEX KEY: 0001021723 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 611308435 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49835 FILM NUMBER: 1729803 BUSINESS ADDRESS: STREET 1: 2300 RESOURCE DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35242 BUSINESS PHONE: 2059812830 MAIL ADDRESS: STREET 1: 2300 RESOURCE DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35242 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SHERMAN RICHARD F CENTRAL INDEX KEY: 0001033139 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 611308435 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 9109 PARKWAY EAST CITY: BIRMINGHAM STATE: AL ZIP: 35206 BUSINESS PHONE: 2058361212 MAIL ADDRESS: STREET 1: 9109 PARKWAY EAST CITY: BIRMINGHAM STATE: AL ZIP: 35206 SC 13D/A 1 dsc13da.txt AMENDMENT # 7 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 7)* PJ America, Inc. (Name of Issuer) Common Capital Stock (Title of Class of Securities) 72585Q10 (CUSIP Number) Douglas S. Stephens PJ America, Inc. 2300 Resource Drive Birmingham, AL 35242 (205) 981-2830 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) With a Copy to: Ivan M. Diamond, Esq. Greenebaum Doll & McDonald PLLC 3300 National City Tower Louisville, KY 40202 (502) 587-3534 August 31, 2001 (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 that is the subject of this Schedule 13D, and is filing this schedule because of (S)(S)240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [_] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See (S)240.13d-7 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). CUSIP NO. 72585Q10 ----------------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON'S (entities only) Richard F. Sherman - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS (See Instructions) 4 BK - ------------------------------------------------------------------------------ CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 2,869 shares SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY 11,763/1/ ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 2,869 shares PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 11,763/1/ - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 14,632 (may be deemed to beneficially own all shares beneficially owned by each member of the group or 100,000 shares) - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 (See Instructions) [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 14.6% (may be deemed to beneficially own all shares beneficially owned by each member of the group, or 100%) - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 14 IN - ------------------------------------------------------------------------------ ________________ /1/ Includes 5,738 shares held by the Merida L. Sherman Trust u/a dated 9/1/96 and 5,738 shares held by the Nicholas H. Sherman Trust u/a dated 9/1/96 and 287 held directly by Nicholas H. Sherman. Merida and Nicholas Sherman are the adult children of Richard Sherman. Page -2- CUSIP NO. 72585Q10 ----------------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSON'S 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) 61-6264185 Merida L. Sherman, individually and as co-Trustee of the Merida L. Sherman Trust u/a dated 9/1/96 and as co-Trustee of the Nicholas H. Sherman Trust u/a dated 9/1/96 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS (See Instructions) 4 BK - ------------------------------------------------------------------------------ CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY 11,476 shares ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 11,476 shares - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 11,476 (may be deemed to beneficially own all shares beneficially owned by each member of the group or 100,000 shares) - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 (See Instructions) [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 11.5% (may be deemed to beneficially own all shares beneficially owned by each member of the group, or 100%) - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 14 IN - ------------------------------------------------------------------------------ Page -3- CUSIP NO. 72585Q10 ----------------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSON'S 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) 61-6264188 Nicholas H. Sherman, individually and as co-Trustee of the Merida L. Sherman Trust u/a dated 9/1/96 and as co-Trustee of the Nicholas H. Sherman Trust u/a dated 9/1/96 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS (See Instructions) 4 BK - ------------------------------------------------------------------------------ CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 287 shares SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY 11,476 shares ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 287 shares PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 11,476 shares - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 11,763 (may be deemed to beneficially own all shares beneficially owned by each member of the group or 100,000 shares) - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 (See Instructions) [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 11.8% (may be deemed to beneficially own all shares beneficially owned by each member of the group, or 100%) - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 14 IN - ------------------------------------------------------------------------------ Page -4- CUSIP NO. 72585Q10 ----------------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSON'S 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Douglas S. Stephens - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS (See Instructions) 4 BK - ------------------------------------------------------------------------------ CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 13,912 shares SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY 0 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 13,912 shares PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 0 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 13,912 (may be deemed to beneficially own all shares beneficially owned by each member of the group or 100,000 shares) - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 (See Instructions) [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 13.9% (may be deemed to beneficially own all shares beneficially owned by each member of the group, or 100%) - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 14 IN - ------------------------------------------------------------------------------ Page -5- CUSIP NO. 72585Q10 ----------------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSON'S 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Stephen P. Langford - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS (See Instructions) 4 BK - ------------------------------------------------------------------------------ CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF N/A SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY 11,887 shares ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING N/A PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 11,887 shares - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 11,887 (may be deemed to beneficially own all shares beneficially owned by each member of the group or 100,000 shares) - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 (See Instructions) [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 11.9% (may be deemed to beneficially own all shares beneficially owned by each member of the group, or 100%) - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 14 IN - ------------------------------------------------------------------------------ Page -6- CUSIP NO. 72585Q10 ----------------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSON'S 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Martin T. Hart, individually and on behalf of H Investment Company LLP - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS (See Instructions) 4 BK - ------------------------------------------------------------------------------ CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 1,721 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY 5,451 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 1,721 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 5,451 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 7,172 (may be deemed to beneficially own all shares beneficially owned by each member of the group or 100,000 shares) - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 (See Instructions) [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 7.2% (may be deemed to beneficially own all shares beneficially owned by each member of the group, or 100%) - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 14 IN - ------------------------------------------------------------------------------ Page -7- CUSIP NO. 72585Q10 ----------------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSON'S 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Michael J. Grisanti - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS (See Instructions) 4 BK - ------------------------------------------------------------------------------ CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 9,643 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY N/A ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 9,643 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 N/A - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 9,643 (may be deemed to beneficially own all shares beneficially owned by each member of the group or 100,000 shares) - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 (See Instructions) [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 9.6% (may be deemed to beneficially own all shares beneficially owned by each member of the group, or 100%) - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 14 IN - ------------------------------------------------------------------------------ Page -8- CUSIP NO. 72585Q10 ----------------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSON'S 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Jack A. Laughery - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS (See Instructions) 4 N/A - ------------------------------------------------------------------------------ CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 12,285 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY 0 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 12,285 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 0 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 12,285 (may be deemed to beneficially own all shares beneficially owned by each member of the group or 100,000 shares) - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 (See Instructions) [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 12.3% (may be deemed to beneficially own all shares beneficially owned by each member of the group, or 100%) - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 14 IN - ------------------------------------------------------------------------------ Page -9- CUSIP NO. 72585Q10 ----------------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSON'S 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Frank O. Keener - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS (See Instructions) 4 BK - ------------------------------------------------------------------------------ CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 18,625 shares SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY N/A ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 18,625 shares PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 N/A - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 18,625 (may be deemed to beneficially own all shares beneficially owned by each member of the group or 100,000 shares) - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 (See Instructions) [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 18.6% (may be deemed to beneficially own all shares beneficially owned by each member of the group, or 100%) - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 14 IN - ------------------------------------------------------------------------------ Page -10- CUSIP NO. 72585Q10 ----------------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSON'S 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Michael M. Fleishman - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS (See Instructions) 4 N/A - ------------------------------------------------------------------------------ CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 10,812 shares SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY 1,033/2/ ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 10,812 shares PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 1,033/2/ - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 11,845 (may be deemed to beneficially own all shares beneficially owned by each member of the group or 100,000 shares) - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 (See Instructions) [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 11.8% (may be deemed to beneficially own all shares (beneficially owned by each member of the group, or 100%) - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 14 IN - ------------------------------------------------------------------------------ __________________ /2/ Includes 746 shares held by Mr. Fleishman's wife, 172 shares held by Mr. Fleishman's wife as custodian for their minor child and 115 shares held by Mr. Fleishman's adult daughter. Mr. Fleishman disclaims beneficial ownership of shares owned by his wife. Page -11- This is Amendment No. 7 to the Schedule 13D filed on April 2, 2001, as amended on July 3, 2001, and as further amended on July 20, 2001, August 9, 2001, August 20, 2001, August 21, 2001 and August 28, 2001 pursuant to a combined Schedule TO, Schedule 13E and Schedule 13D under cover of a Schedule TO. It is being filed by (i) Richard F. Sherman, (ii) Merida L. Sherman, individually and as co-Trustee of the Merida L. Sherman Trust u/a dated 9/1/96 and as co-Trustee of the Nicholas H. Sherman Trust u/a dated 9/1/96; (iii) Nicholas H. Sherman, individually and as co-Trustee of the Merida L. Sherman Trust u/a dated 9/1/96 and as co-Trustee of the Nicholas H. Sherman Trust u/a dated 9/1/96; (iv) Douglas S. Stephens; (v) Stephen P. Langford; (vi) Martin T. Hart, individually and on behalf of H Investment Company, LLP; (vii) Michael J. Grisanti; (viii) Jack A. Laughery; (ix) Frank O. Keener; and (x) Michael M. Fleishman (the "Investor Group"). It relates to the common stock, par value $.01 per share (the "Shares") of PJ America, Inc. ("PJAM"). All capitalized terms used in this Amendment without definition have the meanings ascribed to such terms in the Schedule TO and Offer to Purchase. The item numbers refer to items in the Schedule 13D. The Schedule 13D is hereby amended and supplemented by adding the following information. Item 5. Interest in Securities of the Issuer "The Offer expired at 5 p.m., Eastern Daylight time, on Monday August 27, 2001. A total of 2,494,394 Shares had been tendered pursuant to the Offer and not withdrawn. After giving effect to the acquisition of the Shares tendered in the Offer, and prior to the Merger, the Purchaser and the Investor Group owned approximately 98% of the Shares outstanding. On August 31, 2001, a Certificate of Ownership and Merger was filed with the Secretary of State of the State of Delaware and effective as of 5 p.m. Eastern Daylight Time on August 31, 2001 the Purchaser was merged with and into PJAM. The Purchaser ceased to have a separate corporate existence. As a result of the Merger, (1) each publicly held Share was converted into the right to receive $8.75 in cash, subject to the exercise of dissenter' rights under Delaware law; (2) each Share held by the Purchaser was canceled; and (3) each share of the Purchaser was converted into a Share of PJAM. Prior to the Merger the members of the Investor Group contributed their Shares to the Purchaser in exchange for shares of the Purchaser. Accordingly PJAM is now wholly-owned by the Investor Group. The Shares ceased to be traded on the Nasdaq National Market effective as of the close of business on August 31, 2001. A copy of the press release announcing completion of the Merger is attached hereto as Exhibit (a)(18). The following table sets forth the beneficial ownership of Shares for each member of the Investor Group immediately following the effective time of the Merger. There are currently 100,000 Shares outstanding. Page 12
Sole Power to Vote or Shared Power to Vote or Direct the Vote/ Direct the Vote/ Sole Power to Dispose or Shared Power to Dispose or Direct the Disposition Direct the Disposition -------------------------------- ------------------------------------ Number of Shares Number of Shares -------------------------------- ------------------------------------ Richard F. Sherman 2,869 11,763 /(1)/ Merida Sherman 0 11,476 /(2)/ Nicholas Sherman 287 11,476 /(2)/ Douglas S. Stephens 13,912 0 Stephen P. Langford 0 11,887/(3)/ Martin T. Hart 1,721 5,451/(4)/ Michael J. Grisanti 9,643/(5)/ 0 Jack A. Laughery 12,285 0 Frank O. Keener 18,625 0 Michael M. Fleishman 10,812 1,033/(6)/
(1) Includes 5,738 shares held by the Merida L. Sherman Trust u/a dated 9/1/96 and 5,738 shares held by the Nicholas H. Sherman Trust u/a dated 9/1/96 and 287 held directly by Nicholas H. Sherman. Merida and Nicholas Sherman are the adult children of Richard Sherman. (2) Includes 5,738 shares held by the Merida L. Sherman Trust u/a dated 9/1/96 and 5,738 shares held by the Nicholas H. Sherman Trust u/a dated 9/1/96. (3) Shares held jointly with wife. (4) Includes shares formerly held by H Investment Company and now distributed to Mr. Hart's daughters. (5) Includes Shares formerly held by the Grisanti Family Partnership and the Grisanti Family Trust and now held directly by Mr. Grisanti. (6) Includes 746 shares held by Mr. Fleishman's wife, 172 shares held by Mr. Fleishman's wife as custodian for their minor child and 115 shares held by Mr. Fleishman's adult daughter. Mr. Fleishman disclaims beneficial ownership of shares owned by his wife. Page 13 SIGNATURES After due inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. /s/ Richard F. Sherman /s/ Douglas S. Stephens - ---------------------------------- ---------------------------------- Richard F. Sherman Douglas S. Stephens /s/ Stephen P. Langford /s/ Martin T. Hart - ---------------------------------- ---------------------------------- Stephen P. Langford Martin T. Hart /s/ Michael J. Grisanti /s/ Jack A. Laughery - ---------------------------------- ---------------------------------- Michael J. Grisanti Jack A. Laughery /s/ Frank O. Keener /s/ Michael M. Fleishman - ---------------------------------- ---------------------------------- Frank O. Keener Michael M. Fleishman /s/ Merida L. Sherman /s/ Nicholas H. Sherman - ---------------------------------- ---------------------------------- Merida L. Sherman, individually and Nicholas H. Sherman, individually as co-Trustee of the Merida L. Sherman and as co-Trustee of the Merida L. Trust u/a dated 9/1/96 and as co-Trustee Sherman Trust u/a dated 9/1/96 and of the Nicholas H. Sherman Trust u/a as co-Trustee of the Nicholas H. dated 9/1/96 Sherman Trust u/a dated 9/1/96 H Investment Company LLP By: Martin T. Hart, General Partner By: /s/ Martin T. Hart ---------------------------- Title: General Partner Dated: August 31, 2001. Page 14 EX-99.(A)(18) 3 dex99a18.txt PRESS RELEASE DATED 08/31/2001 Exhibit (a)(18) FOR IMMEDIATE RELEASE PJ America, Inc. Acquired by PJ Acquisition Corp. Birmingham, Alabama, August 31, 2001. PJ America, Inc. announced today the acquisition by PJ Acquisition Corp. of the remaining outstanding shares of common stock of PJ America. A tender offer for the shares expired on August 27, 2001, resulting in the acquisition by PJ Acquisition Corp. and an Investor Group consisting of several officers, directors and significant stockholders of PJ America of approximately 2,500,000 shares. The acquisition of the remaining shares was made by means of a short form merger under Delaware law, effective as of 5:00 p.m. EDT August 31, 2001. Pursuant to the terms of the merger, each share of PJ America common stock outstanding as of August 31, 2001, not owned by PJ Acquisition Corp. or the Investor Group, was automatically converted into the right to receive $8.75 in cash, without interest, subject to the exercise of dissenters' rights under Delaware law. Because PJ Acquisition Corp. owned more than 90% of the outstanding shares of PJ America, no vote of the stockholders of PJ America was required to effect the merger. The Nasdaq National Market System has delisted PJ America shares as of the close of business on August 31, 2001. Headquartered in Birmingham, Alabama, PJ America operates 169 restaurants in nine states and Puerto Rico. -----END PRIVACY-ENHANCED MESSAGE-----