PYRAMID BREWERIES INC
10-K/A, 2000-03-22
MALT BEVERAGES
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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                               ----------------

                                  FORM 10-K/A

                               ----------------
(Mark One)
[X]ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
   ACT OF 1934

                      For the year ended December 31, 1999

[_]TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
   EXCHANGE ACT OF 1934

     For the transition period from                   to

                        Commission File Number 0-27116

                               ----------------

                            PYRAMID BREWERIES INC.
            (Exact name of registrant as specified in its charter)

<TABLE>
<S>                                            <C>
                  Washington                                     91-1258355
         (State or other jurisdiction                         (I.R.S. Employer
      of incorporation or organization)                     Identification No.)
</TABLE>

                          91 So. Royal Brougham Way,
                               Seattle, WA 98134
              (Address of principal executive offices) (Zip code)

      Registrant's telephone number, including area code: (206) 682-8322

       Securities registered pursuant to Section 12(b) of the Act: None.

          Securities registered pursuant to Section 12(g) of the Act:

                          Common Stock $.01 Par Value

                               ----------------

  Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days. Yes [X] No [_]

  Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to
the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [_]

  The aggregate market value of the voting stock held by non-affiliates of the
registrant at March 1, 2000, was $16,004,304.

  The number of shares outstanding of the registrant's common stock as of
March 1, 2000, was 8,002,152.

                      DOCUMENTS INCORPORATED BY REFERENCE

  Portions of the Company's Proxy Statement for the Annual Meeting of
Stockholders to be held on May 4, 2000 are incorporated by reference into Part
III of this Form 10-K.

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                                  SIGNATURES

  Pursuant to the requirements of Section 13 of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.

                                          Pyramid Breweries Inc.
                                          (Registrant)

                                                 /s/ Richard M. Denmark
                                          By: _________________________________
                                                    Richard M. Denmark
                                                    Vice President and
                                                  Chief Financial Officer

  Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
registrant and in the capacities and on the dates indicated.


              /s/ Martin Kelly                         March 1, 2000
   By: ______________________________________
                  Martin Kelly
     President and Chief Executive Officer

           /s/ Richard M. Denmark                      March 1, 2000
   By: ______________________________________
               Richard M. Denmark
       Vice President and Chief Financial
                    Officer
      (Principal Financial and Accounting
                    Officer)

             /s/ Kurt Dammeier                         March 1, 2000
   By: ______________________________________
                 Kurt Dammeier
             Chairman of the Board

            /s/ Scott S. Barnum                        March 1, 2000
   By: ______________________________________
                Scott S. Barnum
                    Director

             /s/ George Hancock                        March 1, 2000
   By: ______________________________________
                 George Hancock
              Director and Founder

              /s/ Nancy Mootz                          March 1, 2000
   By: ______________________________________
                  Nancy Mootz
                    Director

           /s/ Thomas H. Schwalm                       March 1, 2000
   By: ______________________________________
               Thomas H. Schwalm
                    Director

            /s/ John W. Stoddard                       March 1, 2000
   By: ______________________________________
                John W. Stoddard
                    Director

         /s/ George C. Textor, Jr.                     March 1, 2000
   By: ______________________________________
             George C. Textor, Jr.
                    Director

            /s/ Robert A. Toledo                       March 1, 2000
   By: ______________________________________
                Robert A. Toledo
                    Director

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