-----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, AUTohuhHRL0gFvXnxOQNNiSryGxE9Lzgx47m07K9KdEW3eMyr04huQbbvXx0HTn3 pbohERh4Aa3l29ngFthkNA== 0000950172-99-000505.txt : 19990505 0000950172-99-000505.hdr.sgml : 19990505 ACCESSION NUMBER: 0000950172-99-000505 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990504 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OAKLEY INC CENTRAL INDEX KEY: 0000946356 STANDARD INDUSTRIAL CLASSIFICATION: OPHTHALMIC GOODS [3851] IRS NUMBER: 953194947 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-51573 FILM NUMBER: 99609388 BUSINESS ADDRESS: STREET 1: 10 HOLLAND CITY: IRVINE STATE: CA ZIP: 92718 BUSINESS PHONE: 7149510991X3226 MAIL ADDRESS: STREET 1: 10 HOLLAND CITY: IRVINE STATE: CA ZIP: 92718 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JANNARD JAMES CENTRAL INDEX KEY: 0001008215 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: ONE ICON CITY: FOOTHILL RANCH STATE: CA ZIP: 92610 BUSINESS PHONE: 7149510991 MAIL ADDRESS: STREET 1: ONE ICON CITY: FOOTHILL RANCH STATE: CA ZIP: 92610 SC 13D/A 1 SCHEDULE 13D - AMENDMENT NO. 7 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d- 1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a) (Amendment No. 7) OAKLEY, INC. (Name of Issuer) Common Stock, $.01 par value per share ------------------------------------------------------------------------------ (Title of Class of Securities) 673662 10 2 ----------------------------- (CUSIP Number) Donna Gordon Oakley, Inc. One Icon Foothill Ranch, California 92610 (714) 951-0991 ----------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) with a copy to: Jeffrey H. Cohen, Esq. Skadden, Arps, Slate, Meagher & Flom LLP 300 South Grand Avenue, Suite 3400 Los Angeles, California 90071-3144 (213) 687-5000 April 28, 1999 ------------------------------------------------------- (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: /___/ CUSIP No. 673662 10 2 13D ----------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) James Jannard ----------------------------------------------------------------------------- (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 United States ----------------------------------------------------------------------------- : (7) SOLE VOTING POWER : : 42,153,900 :----------------------------------------- NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING POWER OWNED BY EACH REPORTING : -0- PERSON WITH :----------------------------------------- : (9) SOLE DISPOSITIVE POWER : 42,153,900 :----------------------------------------- :(10) SHARED DISPOSITIVE : POWER : -0- ----------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 42,153,900 ----------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ___ / / ----------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 59.6% ----------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON* IN ----------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 673662 10 2 13D - ------------------------------------------------------------------------------ This Amendment No. 7 amends the Statement on Schedule 13D, dated September 10, 1997, as amended by Amendment No. 1, dated December 11, 1997, Amendment No. 2, dated December 11, 1997, Amendment No. 3, dated May 22, 1998, Amendment No. 4, dated August 7, 1998, Amendment No. 5, dated August 24, 1998, and Amendment No. 6, dated January 19, 1999 (the "Schedule 13D"), relating to shares of the common stock, $.01 par value per share ("Shares"), of Oakley, Inc., a Washington corporation (the "Company"). Unless otherwise indicated, each capitalized term used but not otherwise defined herein shall have the meaning assigned to such term in the Schedule 13D. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Item 3 is hereby amended and supplemented as follows: The aggregate amount of funds required by the Reporting Person to purchase the 932,400 Shares acquired directly by him since the filing of the Schedule 13D was $6,468,525. The funds used to purchase such Shares were obtained from the Reporting Person's personal funds. ITEM 4. PURPOSE OF TRANSACTION Item 4 is hereby amended and supplemented as follows: On September 1, 1998, the Reporting Person announced that he intends to purchase up to an additional 5,000,000 Shares from time to time in the open market, subject to market conditions. Since the date of such announcement, the Reporting Person has purchased 1,414,800 Shares. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Item 5 is hereby amended and supplemented by adding the following: (a) The Reporting Person is the beneficial owner of 42,153,900 Shares, or approximately 59.6% of the Shares outstanding. (b) The Reporting Person has sole voting and dispositive power with respect to the 42,153,900 Shares beneficially owned by him. (c) The Reporting Person effected the following open market purchases of Shares during the past 60 days: Amount of Date of Securities Price Transaction Involved per Share ----------- ---------- --------- 4/28/99 932,400 $ 6.9375 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: May 3, 1999 /s/ James Jannard ----------------------------------- James Jannard -----END PRIVACY-ENHANCED MESSAGE-----