-----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, EG3RI1ULMxLCaBkmZwM+s+K9nFzoBPucG7bY4a/MeFGzpsw+2/lojdB7eeA8Dhji a+7gfIK3LeidZ4OfwOU+bw== 0001104659-08-008112.txt : 20080207 0001104659-08-008112.hdr.sgml : 20080207 20080207165550 ACCESSION NUMBER: 0001104659-08-008112 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080207 DATE AS OF CHANGE: 20080207 GROUP MEMBERS: CHARLES BRONFMAN TRUST SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SPORT SUPPLY GROUP, INC. CENTRAL INDEX KEY: 0000828747 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 222795073 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40925 FILM NUMBER: 08585821 BUSINESS ADDRESS: STREET 1: 1901 DIPLOMAT DRIVE CITY: DALLAS STATE: TX ZIP: 75234 BUSINESS PHONE: 9724849484 MAIL ADDRESS: STREET 1: 1901 DIPLOMAT DRIVE CITY: DALLAS STATE: TX ZIP: 75234 FORMER COMPANY: FORMER CONFORMED NAME: COLLEGIATE PACIFIC INC DATE OF NAME CHANGE: 19980303 FORMER COMPANY: FORMER CONFORMED NAME: DSSI CORP DATE OF NAME CHANGE: 19971031 FORMER COMPANY: FORMER CONFORMED NAME: DRUG SCREENING SYSTEMS INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CBT Holdings LLC CENTRAL INDEX KEY: 0001408416 IRS NUMBER: 986048671 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 10877 WILSHIRE BOULEVARD, SUITE 2200 CITY: LOS ANGELES STATE: CA ZIP: 90024 BUSINESS PHONE: (310) 954-4880 MAIL ADDRESS: STREET 1: 10877 WILSHIRE BOULEVARD, SUITE 2200 CITY: LOS ANGELES STATE: CA ZIP: 90024 SC 13D/A 1 a08-4916_1sc13da.htm SC 13D/A

 

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

 

SCHEDULE 13D

 

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

 

Sport Supply Group, Inc.

(Name of Issuer)

 

Common Stock, $0.01 par value per share

(Title of Class of Securities)

 

84916A104

(CUSIP Number)

 

 

with a copy to:

Scott Richland

Steven Grossman

c/o Andell Holdings, LLC

O’Melveny & Myers LLP

10877 Wilshire Boulevard, Suite 2200

1999 Avenue of the Stars, Suite 700

Los Angeles, CA 90024

Los Angeles, CA  90067

(310) 954-4880

(310) 553-6700

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

February 4, 2008

(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 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.   84916A104

 

 

1.

Names of Reporting Persons
CBT Holdings LLC

I.R.S. Identification No. 98-6048671

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 x

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power
2,044,072

 

9.

Sole Dispositive Power
0

 

10.

Shared Dispositive Power
2,044,072

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,044,072

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
16.6(1)

 

 

14.

Type of Reporting Person (See Instructions)
OO

(1) Based on 12,267,760 shares of Issuer common stock outstanding as of January 28, 2008, as reported on the Issuer’s Form 10-Q for the fiscal quarter ended December 31, 2007, filed January 30, 2008.

 

2


 

CUSIP No.   84916A104

 

 

1.

Names of Reporting Persons
Charles Bronfman Trust

I.R.S. Identification No. 98-6048671

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 x

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
N/A

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power
2,044,072

 

9.

Sole Dispositive Power
0

 

10.

Shared Dispositive Power
2,044,072(2)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,044,072

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
16.6(3)

 

 

14.

Type of Reporting Person (See Instructions)
OO

(2) See item 5 of this Schedule 13D.

 

(3) Based on 12,267,760 shares of Issuer common stock outstanding as of January 28, 2008, as reported on the Issuer’s Form 10-Q for the fiscal quarter ended December 31, 2007, filed January 30, 2008.

 

3


 

Item 1.

Security and Issuer

 

Item 1 of the Schedule 13D is hereby amended and restated to read in its entirety as follows:

 

                                This Amendment No. 1 to Schedule 13D (“Amendment No. 1”) is being filed by CBT Holdings LLC and the Charles Bronfman Trust (together, the “Reporting Persons”), to amend the Schedule 13D filed by the Reporting Persons on August 6, 2007 (the “Schedule 13D”), with respect to the common shares, par value $0.01 per share (the “Common Stock”) of Sport Supply Group, Inc., a Delaware corporation (the “Issuer”).  The Issuer has its principal executive offices at 1901 Diplomat Drive, Dallas, Texas 75234.

 

                                Unless otherwise indicated herein, terms used and defined in this Amendment No. 1 shall have the same respective meanings herein as are ascribed to such terms in the Schedule 13D.

 

 

Item 2.

Identity and Background

 

 

 

 

Item 3.

Source and Amount of Funds or Other Consideration

 

Item 3 of the Schedule 13D is hereby amended and restated to read in its entirety as follows:

 

                                CBT Holdings purchased the 1,830,000 shares of Common Stock that were the subject of the Schedule 13D using $18,300,000 of available cash and proceeds from the liquidation of short-term investments.  The total amount of funds used by CBT Holdings to purchase the 213,772 shares of Common Stock acquired by it after August 6, 2007 (the filing date of the Schedule 13D) was $1,941,493.16 (excluding commissions).  All of such funds were derived from available cash and proceeds from the liquidation of short term investments.  All of the shares of Common Stock acquired by the Reporting Persons as reflected in the Schedule 13D (as amended) shall be referred to herein as the “Shares.”  No funds were paid by CBT in connection with the purchase of the Shares.

 

 

Item 4.

Purpose of Transaction

 

 

 

 

Item 5.

Interest in Securities of the Issuer

 

Item 5 of the Schedule 13D is hereby amended and restated to read in its entirety as follows:

 

                                (a) - (b) As of the date of this Amendment No. 1, CBT Holdings beneficially owns 2,044,072 shares of Issuer Common Stock, constituting 16.66% of the outstanding shares of Issuer Common Stock (based on 12,267,760 Shares outstanding as of January 28, 2008, as reported by the Issuer).  Because CBT is the sole member of CBT Holdings, CBT may be deemed to beneficially own the Shares, and CBT and CBT Holdings may be deemed to share voting and dispositive power over such Shares.  CBT disclaims beneficial ownership of all Shares.

 

                                To the best knowledge of the Reporting Persons, other than as set forth above, none of the persons named in Annex I or II to Item 2 is the beneficial owner of any shares of Issuer Common Stock.

 

                                CBT Holdings and CBT may be deemed to have shared voting and dispositive power with respect to the Shares.

 

4


 

 

                                (c) Information with respect to all transactions in the Common Stock by the Reporting Persons or, to the best knowledge of the Reporting Persons, any of the persons set forth on Schedule I to the Schedule 13D, which were effected during the past sixty days or since the most recent filing on Schedule 13D, whichever is less, is set forth on Schedule I annexed to this Amendment No. 1 and incorporated by reference.

 

                                (d) Other than the Reporting Persons or the persons described on Annex I or Annex II to the Schedule 13D, neither of the Reporting Persons has knowledge of any other person that has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares.

 

                                (e) Not applicable.

 

 

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

 

 

 

Item 7.

Material to be Filed as Exhibits

 

Item 7 of the Schedule 13D is hereby amended to add the following:

 

Exhibit C — Power of Attorney from the Wilmington Trust Company, a Trustee of the Charles Bronfman Trust, incorporated by reference to Exhibit 24 to the Reporting Persons’ Form 4 filed with the Securities and Exchange Commission on January 11, 2008.

 

5


 

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 7, 2008

 

 

 

 

CBT HOLDINGS LLC

 

 

 

By:

/s/ Scott H. Richland

 

 

 

Name: Scott H. Richland

 

 

Title: Manager

 

 

 

CHARLES BRONFMAN TRUST

 

 

 

By:

/s/ Jay Rubinstein

 

 

 

Jay Rubinstein, a Trustee

 

 

 

By:

WILMINGTON TRUST

 

 

COMPANY, a Trustee

 

 

 

 

By:

/s/ Jay Rubinstein

 

 

 

 

Jay Rubinstein, Attorney-In-Fact

 

 

 

for the Wilmington Trust

 

 

 

Company, a Trustee

 

6


 

SCHEDULE I

 

INFORMATION WITH RESPECT TO

TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR

SINCE THE MOST RECENT FILING ON SCHEDULE 13D(1)

 

 

Date  Acquired

 

Number
of Shares

 

Price per
Share (2)

 

01/10/2008

 

800

 

$

9.25

 

01/10/2008

 

500

 

$

9.05

 

01/10/2008

 

900

 

$

9.32

 

01/10/2008

 

500

 

$

9.30

 

01/10/2008

 

500

 

$

9.25

 

01/10/2008

 

2,700

 

$

9.20

 

01/10/2008

 

500

 

$

9.19

 

01/10/2008

 

400

 

$

9.17

 

01/10/2008

 

500

 

$

9.15

 

01/10/2008

 

700

 

$

9.12

 

01/10/2008

 

900

 

$

9.07

 

01/10/2008

 

1,000

 

$

9.10

 

01/10/2008

 

100

 

$

9.09

 

01/10/2008

 

500

 

$

9.04

 

01/10/2008

 

1,200

 

$

9.05

 

01/10/2008

 

2,800

 

$

9.00

 

01/10/2008

 

500

 

$

8.99

 

01/10/2008

 

4,700

 

$

8.95

 

01/10/2008

 

300

 

$

8.94

 

01/10/2008

 

9,000

 

$

8.95

 

01/10/2008

 

1,000

 

$

8.94

 

01/10/2008

 

9,891

 

$

8.95

 

01/10/2008

 

9

 

$

8.86

 

01/10/2008

 

100

 

$

8.94

 

01/10/2008

 

500

 

$

8.90

 

01/10/2008

 

100

 

$

8.86

 

01/10/2008

 

100

 

$

8.84

 

01/10/2008

 

700

 

$

8.82

 

01/10/2008

 

3,700

 

$

8.95

 

01/10/2008

 

4,300

 

$

8.80

 

01/10/2008

 

100

 

$

8.80

 

01/10/2008

 

100

 

$

8.80

 

01/10/2008

 

200

 

$

8.76

 

01/10/2008

 

200

 

$

8.78

 

1/14/2008

 

300

 

$

8.95

 

1/14/2008

 

10,000

 

$

8.95

 

1/14/2008

 

2,600

 

$

8.95

 

1/14/2008

 

200

 

$

8.95

 

1/14/2008

 

1,900

 

$

8.95

 

 

7


 

1/14/2008

 

500

 

$

8.95

 

1/14/2008

 

1,300

 

$

8.95

 

1/14/2008

 

100

 

$

8.95

 

1/14/2008

 

300

 

$

8.95

 

1/14/2008

 

1,800

 

$

8.95

 

1/14/2008

 

200

 

$

8.95

 

1/14/2008

 

2,100

 

$

8.95

 

1/14/2008

 

1,600

 

$

8.90

 

1/14/2008

 

800

 

$

8.90

 

1/14/2008

 

1,300

 

$

8.89

 

1/14/2008

 

181

 

$

9.00

 

1/14/2008

 

1,300

 

$

9.00

 

1/14/2008

 

500

 

$

9.00

 

1/14/2008

 

100

 

$

9.00

 

1/14/2008

 

1,700

 

$

9.00

 

1/14/2008

 

100

 

$

9.00

 

1/14/2008

 

100

 

$

9.00

 

1/14/2008

 

5,019

 

$

9.00

 

1/14/2008

 

300

 

$

9.00

 

1/14/2008

 

100

 

$

9.00

 

1/14/2008

 

100

 

$

9.00

 

1/14/2008

 

2,200

 

$

9.00

 

1/14/2008

 

100

 

$

9.00

 

1/14/2008

 

700

 

$

9.00

 

1/14/2008

 

600

 

$

9.00

 

1/14/2008

 

2,200

 

$

9.00

 

1/14/2008

 

3,000

 

$

8.95

 

1/14/2008

 

200

 

$

8.94

 

1/14/2008

 

1,400

 

$

8.91

 

1/14/2008

 

700

 

$

8.90

 

1/14/2008

 

1,100

 

$

8.89

 

1/14/2008

 

100

 

$

8.86

 

1/14/2008

 

2,600

 

$

8.85

 

1/14/2008

 

600

 

$

8.84

 

1/25/2008

 

1,300

 

$

8.55

 

1/25/2008

 

1,500

 

$

8.55

 

1/25/2008

 

800

 

$

8.55

 

1/25/2008

 

4,234

 

$

8.55

 

1/25/2008

 

500

 

$

8.55

 

1/25/2008

 

2,000

 

$

8.53

 

1/25/2008

 

2,366

 

$

8.52

 

2/4/2008

 

700

 

$

9.50

 

2/4/2008

 

1,500

 

$

9.50

 

2/4/2008

 

500

 

$

9.47

 

2/4/2008

 

200

 

$

9.45

 

 

8


 

2/4/2008

 

500

 

$

9.41

 

2/4/2008

 

100

 

$

9.37

 

2/4/2008

 

100

 

$

9.39

 

2/4/2008

 

1,100

 

$

9.40

 

2/4/2008

 

2,400

 

$

9.25

 

2/4/2008

 

800

 

$

9.19

 

2/4/2008

 

200

 

$

9.18

 

2/4/2008

 

2,000

 

$

9.24

 

2/4/2008

 

1,400

 

$

9.18

 

2/4/2008

 

1,000

 

$

9.24

 

2/4/2008

 

100

 

$

9.18

 

2/4/2008

 

100

 

$

9.24

 

2/4/2008

 

1,000

 

$

9.23

 

2/4/2008

 

100

 

$

9.15

 

2/4/2008

 

100

 

$

9.20

 

2/4/2008

 

500

 

$

9.22

 

2/4/2008

 

800

 

$

9.20

 

2/4/2008

 

500

 

$

9.16

 

2/4/2008

 

400

 

$

9.10

 

2/4/2008

 

500

 

$

9.00

 

2/4/2008

 

1,565

 

$

9.25

 

2/4/2008

 

21,800

 

$

9.25

 

2/4/2008

 

19,563

 

$

9.25

 

2/4/2008

 

1,272

 

$

9.25

 

2/4/2008

 

200

 

$

9.41

 

2/4/2008

 

100

 

$

9.39

 

2/4/2008

 

200

 

$

9.40

 

2/4/2008

 

200

 

$

9.48

 

2/4/2008

 

100

 

$

9.46

 

2/4/2008

 

100

 

$

9.42

 

2/4/2008

 

100

 

$

9.40

 

2/4/2008

 

200

 

$

9.39

 

2/4/2008

 

100

 

$

9.40

 

2/4/2008

 

200

 

$

9.38

 

2/4/2008

 

500

 

$

9.25

 

2/4/2008

 

200

 

$

9.24

 

2/4/2008

 

100

 

$

9.19

 

2/4/2008

 

900

 

$

9.24

 

2/4/2008

 

1,800

 

$

9.20

 

2/4/2008

 

200

 

$

9.22

 

2/4/2008

 

100

 

$

9.13

 

2/4/2008

 

500

 

$

9.11

 

2/5/2008

 

200

 

$

9.30

 

2/5/2008

 

1,100

 

$

9.30

 

2/5/2008

 

900

 

$

9.30

 

 

9


 

2/5/2008

 

200

 

$

9.30

 

2/5/2008

 

939

 

$

9.30

 

2/5/2008

 

700

 

$

9.30

 

2/5/2008

 

2,100

 

$

9.30

 

2/5/2008

 

100

 

$

9.30

 

2/5/2008

 

100

 

$

9.30

 

2/5/2008

 

100

 

$

9.30

 

2/5/2008

 

1,000

 

$

9.30

 

2/5/2008

 

300

 

$

9.30

 

2/5/2008

 

100

 

$

9.30

 

2/5/2008

 

100

 

$

9.30

 

2/5/2008

 

500

 

$

9.30

 

2/5/2008

 

9,200

 

$

9.30

 

2/5/2008

 

100

 

$

9.25

 

2/5/2008

 

200

 

$

9.25

 

2/5/2008

 

494

 

$

9.25

 

2/5/2008

 

330

 

$

9.25

 

2/5/2008

 

200

 

$

9.25

 

2/5/2008

 

400

 

$

9.25

 

2/5/2008

 

909

 

$

9.25

 

2/5/2008

 

1,300

 

$

9.25

 

2/5/2008

 

2,000

 

$

9.24

 

2/5/2008

 

200

 

$

9.23

 

2/5/2008

 

500

 

$

9.21

 

2/5/2008

 

100

 

$

9.20

 

2/5/2008

 

100

 

$

9.14

 

2/5/2008

 

500

 

$

9.15

 

2/5/2008

 

1,000

 

$

9.10

 

2/5/2008

 

500

 

$

9.09

 

2/5/2008

 

500

 

$

8.97

 

2/5/2008

 

500

 

$

8.91

 

2/5/2008

 

500

 

$

8.90

 

2/5/2008

 

100

 

$

8.99

 

2/5/2008

 

500

 

$

9.00

 

2/5/2008

 

100

 

$

8.97

 

2/5/2008

 

4,400

 

$

8.98

 

2/5/2008

 

100

 

$

8.88

 

2/5/2008

 

300

 

$

8.86

 

2/5/2008

 

100

 

$

8.85

 

2/5/2008

 

1,200

 

$

8.84

 

(1)                                               Unless otherwise indicated, all transactions were effected on the American Stock Exchange.

 

(2)                                               Price before commission.

 

10

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