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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
AMENDMENT NO. 17
Under the Securities Exchange Act of 1934
Champps Entertainment, Inc.
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
909 15K 100
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(CUSIP Number)
John Zoraian
c/o Atticus Capital L.L.C.
590 Madison Avenue, 32nd Floor
New York, New York 10022
(212) 829-8100
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
November 27, 2000
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(Date of Event which Requires Filing of this Statement)
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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(e), 13d-1(f) or 13d-1(g), check the following box
[ ]
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) 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).
Page 1 of 8 Pages
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SCHEDULE 13D
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<CAPTION>
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CUSIP NO. 909 15K 100 PAGE 2 OF 8 PAGES
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<S> <C> <S>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
TIMOTHY R. BARAKETT
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO [ ]
ITEMS 2(d) OR 2(e)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
CANADA
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NUMBER OF 7 SOLE VOTING POWER
SHARES 5,000
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,862,006
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 5,000
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PERSON 10 SHARED DISPOSITIVE POWER
WITH 2,862,006
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,867,006
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.2%
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14 TYPE OF REPORTING PERSON*
IN
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</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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SCHEDULE 13D
<TABLE>
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CUSIP NO. 909 15K 100 PAGE 2 OF 8 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ATTICUS QUALIFIED PARTNERS, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 353,152
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
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PERSON 10 SHARED DISPOSITIVE POWER
WITH 353,152
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
353,152
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.0%
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14 TYPE OF REPORTING PERSON*
PN
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</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 909 15K 100 SCHEDULE 13D Page 4 of 8 Pages
</TABLE>
The purpose of this Amendment No. 17 is to report that (i) the
ownership of Atticus Qualified Partners, L.P. ("Atticus Qualified") in the
Common Stock of the Issuer has decreased from 6.2% to 3.2% of the outstanding
shares of Common Stock and (ii) the ownership of Mr. Barakett in the Common
Stock of the Issuer has increased from 23.5% to 24.2% of the outstanding shares
of Common Stock. All capitalized terms used and not defined herein have the
meanings given them in this Schedule 13D as previously amended.
Item 1. Security and Issuer.
No change.
Item 2. Identity and Background.
No change.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 is amended by replacing the current response with the
following paragraph:
"As of the date hereof, Mr. Barakett is deemed to beneficially own
2,862,006 shares of Common Stock and Atticus Qualified is deemed to beneficially
own 2,862,006 shares of Common Stock. With the exception of 5,000 options to
purchase shares of Common Stock at an exercise price of $4.00 per share (the
"Options"), all 2,862,006 shares of Common Stock deemed to be owned by Mr.
Barakett are held by either the Partnerships, the Fund or other funds and
managed accounts over which Mr. Barakett has investment discretion. The
aggregate purchase price for all the shares of Common Stock of the Issuer that
Mr. Barakett is currently deemed to beneficially own is $18,261,403.75. The
aggregate purchase price for all the shares of Common Stock that Atticus
Qualified Partners, L.P. is currently deemed to beneficially own is
$2,196,109.06. The funds for the purchase of the shares of Common Stock held in
the Partnerships, the Fund or other funds and managed accounts have come from
the working capital of the Partnerships, the Fund or the other funds and managed
accounts. The working capital of these entities includes the proceeds of margin
loans entered into in the ordinary course of business with Morgan Stanley Dean
Witter & Co., such loans being secured by the securities owned by them.
Item 4. Purpose of Transaction.
No change.
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CUSIP NO. 909 15K 100 SCHEDULE 13D Page 5 of 8 Pages
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Item 5. Interest in Securities of the Issuer.
Item 5 is amended by replacing the current response with the
following paragraph:
"Based on the Issuer's most recent filing on Form 10-Q, dated
November 15, 2000, as of November 6, 2000 there were 11,871,527 shares of
Common Stock outstanding. Mr. Barakett owns the Options, which are deemed to be
outstanding for the purposes of this Amendment No. 17. Therefore, Mr. Barakett
may be deemed to beneficially own 24.2% of the outstanding shares of Common
Stock, and Atticus Qualified may be deemed to own 3.0% of the outstanding
shares of Common Stock. None of Atticus Partners, L.P., the Fund or any of the
other funds or managed accounts (other than Dred, Ltd. whose holdings will be
reported in a separate Schedule 13D filing) by itself owns greater than 5% of
the outstanding shares of Common Stock. Mr. Barakett and Atticus Qualified have
the power to vote, direct the vote, dispose of or direct the disposition of all
the shares of Common Stock that they are deemed to beneficially own. All
transactions in the shares of Common Stock effected by Mr. Barakett and Atticus
Qualified since the most recent filing on Schedule 13D were effected in
open-market transactions and are set forth in Exhibit B hereto. Despite the
3.2% decrease in Atticus Qualified's beneficial ownership of Common Stock, the
beneficial ownership of Mr. Barakett, who is also deemed to be a beneficial
owner of the Common Stock owned by Atticus Qualified, did not decrease
correspondingly because the same number of shares of Common Stock disposed of
by Atticus Qualified were purchased by other funds and managed accounts whose
shares are also beneficially owned by Mr. Barakett."
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
No change.
Item 7. Material to be Filed as Exhibits.
Item 7 is amended and supplemented by adding the following at the
end of the current response:
Exhibit A to Amendment No. 17: Joint Filing Agreement.
Exhibit B to Amendment No. 17: As described in Item 5.
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CUSIP NO. 909 15K 100 SCHEDULE 13D Page 6 of 8 Pages
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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: November 28, 2000 /s/ Timothy R. Barakett
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Timothy R. Barakett
By: ATTICUS QUALIFIED PARTNERS, L.P.
Manager
Dated: November 28, 2000 By: /s/ Timothy R. Barakett
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Timothy R. Barakett
