SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
HINES HORTICULTURE, INC.
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
433245107
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(CUSIP Number)
December 31, 1998
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13-d-1(b)
[ ] Rule 13-d-1(c)
[X] Rule 13-d-1(d)
* 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).
<PAGE>
CUSIP Number ___________ 13G Page 2 of 4
(1) NAME OF REPORTING PERSON AND IRS IDENTIFICATION NO. OF ABOVE PERSON:
CALIFORNIA STATE TEACHERS' RETIREMENT SYSTEM
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
(3) SEC USE ONLY
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA GOVERNMENT PENSION PLAN
Number (5) SOLE VOTING POWER
of (See Item 4)
Shares
Bene-
ficially (6) SHARED VOTING POWER
Owned (See Item 4) 2,520,598
by
Each
Report- (7) SOLE DISPOSITIVE POWER
ing (See Item 4)
Person
With:
(8) SHARED DISPOSITIVE POWER
(See Item 4) 2,520,598
(9) Aggregate Amount Owned by Each Reporting Person
(See Item 4) 2,520,598
(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IF ROW (9)
11.4%
(12) TYPE OF REPORTING PERSON (See Instructions)
EP
<PAGE>
CUSIP Number ___________ 13G Page 3 of 4
ITEM 1(a). NAME OF ISSUER: Hines Horticulture Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
12621 Jeffrey Rd.
Irvine, CA 92620
ITEM 2(a). NAME OF PERSONS FILING:
California State Teachers' Retirement System ("Cal STRS")
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
7667 Folsom Blvd., Suite 250 MS 04
Sacramento, CA 95826
ITEM 2(c). CITIZENSHIP:
Governmental Employee Benefit Plan
ITEM 2(d). TITLE OF CLASS OF SECUTITIES:
Common Stock, $.01 Par Value ("Common Stock")
ITEM 2(e). CUSIP NO.:
433245107
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B) OR 13D-2(B)
OR (C), CHECK WHETHER THE PERSON FILING IS A:
Not applicable. This schedule is not being filed pursuant to Rule
13d-1 (b) or Rule 13d-2 (b).
ITEM 4. OWNERSHIP:
As of 12/31/1998 Cal STRS is the owner of 2,520,598 shares of
common stock and may direct the vote and disposition of said
shares. b.) Percent of Class: 11.4% based on 22,072,549 shares of
common stock reported to be outstanding in the quarterly report of
Hines Horticulture Inc. for the quarter ending September 30, 1998,
as adjusted pursuant to Rule 13d-3(d)(1). c). Number of shares as
to which such person has: (i) sole power to vote or to direct the
vote: 0 shares. (ii) shared power to vote or to direct the vote:
2,520,598 (iii) sole power to dispose or to direct the disposition
of: 0 shares. (iv) shared power to dispose or to direct the
disposition of: 2,520,598 shares.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
If this statement is filed to report the fact that as of the date
hereof, the Reporting Persons have ceased to be the beneficial
owners of more than five percent of the class of securities, check
the following [ ].
Not Applicable
<PAGE>
CUSIP Number ___________ 13G Page 4 of 4
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
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
ITEM 10. CERTIFICATION:
Not Applicable. This statement is not filed pursuant to Rule 13d-1
(b) or Rule 13d-1 (c).
<PAGE>
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.
Date: March 10, 1999
California State Teachers' Retirement System
By: California State Teachers' Retirement System
By: /s/ Richard Rose
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Name: Richard Rose
Title: Investment Officer
