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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No._____)*
Hibbett Sporting Goods, Inc.
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(Name of Issuer)
Common Stock, $ .01 par value per share
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(Title of Class of Securities)
428565 10 5
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(CUSIP Number)
*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 the
disclosures provided in a prior cover page.
The information required in 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 1 of 11
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CUSIP NO. 428565 10 5
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13G
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The SK Equity Fund, L.P. (IRS ID No. 061312136)
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 2,459,812
SHARES -----------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY 2,486,721
OWNED BY -----------------------------------------------------------
7 SOLE DISPOSITIVE POWER
EACH 2,459,812
REPORTING -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
PERSON 2,486,721
WITH
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,486,721
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [_]
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
38.7%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
- ------------------------------------------------------------------------------
Page 2 of 11
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CUSIP NO. 428565 10 5
-----------
13G
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The SK Investment Fund, L.P. (IRS ID No. 061408409)
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 26,909
SHARES -----------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY 2,486,721
OWNED BY -----------------------------------------------------------
7 SOLE DISPOSITIVE POWER
EACH 26,909
REPORTING -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
PERSON 2,486,721
WITH
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,486,721
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [_]
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
38.7%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
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Page 3 of 11
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CUSIP NO. 428565 10 5
-----------
13G
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SKM Partners, L.P. (IRS ID No. 061301330)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF -0-
SHARES -----------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY 2,486,721
OWNED BY -----------------------------------------------------------
7 SOLE DISPOSITIVE POWER
EACH -0-
REPORTING -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
PERSON 2,486,721
WITH
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,486,721
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [_]
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
38.7%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
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Page 4 of 11
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CUSIP NO. 428565 10 5
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13G
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Saunders Karp & Megrue Partners L.L.C. (IRS ID No. 061535862)
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF -0-
SHARES -----------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY 2,486,721
OWNED BY -----------------------------------------------------------
7 SOLE DISPOSITIVE POWER
EACH -0-
REPORTING -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
PERSON 2,486,721
WITH
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,486,721
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [_]
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
38.7%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
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Page 5 of 11
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CUSIP NO. 428565 10 5
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13G
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thomas A. Saunders, III
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
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3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY 2,486,721
OWNED BY -----------------------------------------------------------
7 SOLE DISPOSITIVE POWER
EACH 0
REPORTING -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
PERSON 2,486,721
WITH
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,486,721
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [_]
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
38.7%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- ------------------------------------------------------------------------------
Page 6 of 11
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CUSIP NO. 428565 10 5
-----------
13G
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Allan W. Karp
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY 2,486,721
OWNED BY -----------------------------------------------------------
7 SOLE DISPOSITIVE POWER
EACH 0
REPORTING -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
PERSON 2,486,721
WITH
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,486,721
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [_]
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
38.7%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- ------------------------------------------------------------------------------
Page 7 of 11
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CUSIP NO. 428565 10 5
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13G
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John F. Megrue, Jr.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 6,000*
SHARES -----------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY 2,492,721*
OWNED BY -----------------------------------------------------------
7 SOLE DISPOSITIVE POWER
EACH 6,000*
REPORTING -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
PERSON 2,492,721*
WITH
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,492,721*
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [_]
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
38.7%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- ------------------------------------------------------------------------------
* See Note 2 to Item 4 below
Page 8 of 11
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Item 1(a) Name Of Issuer:
Hibbett Sporting Goods, Inc. (the "Company")
---------------------------------------------
Item 1(b) Address Of Issuer's Principal Executive Offices:
451 Industrial Lane, Birmingham, Alabama 35211
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Item 2(a) Name Of Person Filing:
This statement is filed on behalf of the persons identified in Item
4 below. In accordance with Rule 13d-1(f) (1) under the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), each person
filing this statement acknowledges that he is responsible for the
completeness and accuracy of the information contained herein
concerning that person, but is not responsible for the completeness
or accuracy of the information concerning the other persons making
the filing, unless such person knows or has reason to believe that
such information is inaccurate.
Item 2(b) Address Of Principal Business Office Or, If None, Residence:
For The SK Equity Fund, L.P., SK Investment Fund, L.P., SKM
Partners, L.P., Saunders Karp & Megrue Partners, L.L.C., Thomas A.
Saunders, III, Allan W. Karp and John F. Megrue, Jr.:
262 Harbor Drive
Fourth Floor
Stamford, CT 06902
Item 2(c) Citizenship:
Each of the persons filing this statement is a United States
citizen or an organization created or governed under the laws of
the State of Delaware.
Item 2(d) Title Of Class Of Securities:
This statement relates to the Company's common stock, par value
$.01 per share (the "Common Stock").
Item 2(e) CUSIP Number:
428565 10 5
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Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b).
Not Applicable
Page 9 of 11
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Item 4 Ownership:
Incorporated by reference to Items (5) - (9) and (11) of the cover
page pertaining to each reporting person.
Note 1: SKM Partners, L.P. (the "General Partner") is the general
partner of each of The SK Equity Fund, L.P. and the SK Investment
Fund, L.P. (the "Funds"). Saunders Karp & Megrue Partners, L.L.C.
(the "LLC"), is the general partner of the General Partner and
Messrs. Saunders, Karp and Megrue are authorized members of the
LLC, and Messrs. Saunders, Karp and Megrue may be deemed to have
shared power to vote or direct the vote and to dispose or direct
the disposition of all shares owned by the Funds.
Note 2: In addition to the above mentioned ownership, Mr. Megrue
holds 2,000 shares directly and 4,000 shares custodially for his
sons.
Item 5 Ownership Of Five Percent Or Less Of A Class:
Not Applicable
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 Company:
Not Applicable
Item 8 Identification And Classification Of Members Of The Group:
See Item 4 above
Item 9 Notice Of Dissolution Of Group:
Not Applicable
Item 10 Certification:
Not Applicable
Page 10 of 11
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SIGNATURES
After reasonable inquiry and to the best knowledge and belief of each of the
undersigned, each of the undersigned certifies that the information set forth in
this statement is true, complete and correct.
Dated: February 8, 2000
THE SK EQUITY FUND, L.P.
By: SKM Partners, L.P., as
General Partner
By: Saunders Karp and Megrue
Partners, L.L.C., as
General Partner
By: /s/ Allan W. Karp
-------------------
Authorized Member
SK INVESTMENT FUND, L.P.
By: SKM Partners, L.P., as
General Partner
By: Saunders Karp and Megrue
Partners, L.L.C., as
General Partner
By: /s/ Allan W. Karp
------------------
Authorized Member
SKM PARTNERS, L.P.
By: Saunders Karp and Megrue
Partners, L.L.C., as
General Partner
By: /s/ Allan W. Karp
------------------
Authorized Member
SAUNDERS KARP & MEGRUE PARTNERS, L.L.C.
By: /s/ Allan W. Karp
------------------
Authorized Member
By: /s/ Thomas A. Saunders, III
----------------------------
Thomas A. Saunders, III
/s/ John F. Megrue, Jr.
-----------------------
John F. Megrue, Jr.
/s/ Allan W. Karp
------------------
Allan W. Karp
Page 11 of 11
