UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Bolle Inc.
(Name of Issuer)
Common Stock, $0.01 par value
(Title of Class of Securities)
097937106
(CUSIP Number)
Joel Frank
OZ Management, L.L.C.
153 E. 53rd Street, 44th Floor
New York, New York 10022
212-292-5956
(Name, Address, and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 8, 2000
(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(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
* 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 No. 097937106
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
OZ Management, L.L.C.
2. CHECK THE APPROPRIATE ROW IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS) (a) [ ]
(b) [ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS (SEE INSTRUCTIONS)
AF
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(D) OR 2(E) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7. SOLE VOTING POWER
0 Shares
8. SHARED VOTING POWER
0 Shares
9. SOLE DISPOSITIVE POWER
0 Shares
10. SHARED DISPOSITIVE POWER
0 Shares
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 Shares
12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
<PAGE>
CUSIP No. 097937106
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
OZ Master Fund, Ltd.
2. CHECK THE APPROPRIATE ROW IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS) (a) [ ]
(b) [ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(D) OR 2(E) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
7. SOLE VOTING POWER
0 Shares
8. SHARED VOTING POWER
0 Shares
9. SOLE DISPOSITIVE POWER
0 Shares
10. SHARED DISPOSITIVE POWER
0 Shares
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 Shares
12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
<PAGE>
CUSIP No. 097937106
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Och-Ziff Capital Management, L.P.
2. CHECK THE APPROPRIATE ROW IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS) (a) [ ]
(b) [ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(D) OR 2(E) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7. SOLE VOTING POWER
0 Shares
8. SHARED VOTING POWER
0 Shares
9. SOLE DISPOSITIVE POWER
0 Shares
10. SHARED DISPOSITIVE POWER
0 Shares
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 Shares
12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
<PAGE>
CUSIP No. 097937106
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Och-Ziff Associates, L.L.C.
2. CHECK THE APPROPRIATE ROW IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS) (a) [ ]
(b) [ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(D) OR 2(E) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7. SOLE VOTING POWER
0 Shares
8. SHARED VOTING POWER
0 Shares
9. SOLE DISPOSITIVE POWER
0 Shares
10. SHARED DISPOSITIVE POWER
0 Shares
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 Shares
12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
<PAGE>
This Amendment No. 1 to Schedule 13D for Bolle Inc., a Delaware
corporation (the "Company"), amends a statement on Schedule 13D dated January
29, 1999 with respect to the Common Stock, par value $0.0001 per share (the
"Shares"), of the Company in respect of beneficial ownership of certain Shares
by OZ Management, L.L.C. ("OZ Management"), a Delaware limited liability
company, OZ Master Fund, Ltd. ("OZ Master Fund"), a Cayman Islands exempted
company, Och-Ziff Capital Management L.P. ("Och-Ziff Capital Management"), a
Delaware limited partnership, and Och-Ziff Associates, L.L.C. ("Och-Ziff
Associates"), a Delaware limited liability company (together, the "Reporting
Persons"), as follows below.
Items 1. - 4. No Amendment.
Item 5. Interest in Securities of the Issuer
(a)-(c) In connection with the acquisition of the Company by a
subsidiary of Worldwide Sports and Recreation Inc. ("Worldwide"), on February
8, 2000, the Reporting Persons redeemed, or tendered, to Worldwide securities
of the Company, as follows: (i) OZ Master Fund redeemed its zero-coupon
$7,000,000 Convertible Subordinated Note of the Company (convertible into
1,333,333 shares of the Company's Common Stock), for the full principal amount
of $7,000,000; (ii) OZ Master Fund tendered to Worldwide 248,055 shares of
Common Stock of the Company owned by it, at the tender price of $5.25 per
share, and (iii) Och-Ziff Capital Management, L.P. tendered to Worldwide
240,000 shares of Common Stock of the Company owned by it, at the tender price
of $5.25 per share. Aggregate proceeds received by the Reporting Persons were
$9,562,288.75.
As a result of the foregoing redemption of the Note and tender of Shares
of Common Stock owned by the Reporting Persons, the shareholdings of the
Reporting Persons on the date hereof are 0.
There were no other purchases or sales of the Shares by the Reporting
Persons in the past sixty days.
None of the Reporting Persons, or to the knowledge of the Reporting
Persons, any of the persons listed on Schedule I of the originally filed
Schedule 13D, beneficially owns any Shares other than as set forth herein.
(d) -(e) No amendment.
Items 6-7. No Amendment.
<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.
Dated: February 17, 2000
OZ MANAGEMENT, L.L.C.
By: /s/ Daniel S. Och
- --------------------------------
Name: Daniel S. Och
Title: Managing Member
OZ MASTER FUND, LTD.
By: OZ MANAGEMENT, L.L.C.
as Investment Manager
By: /s/ Daniel S. Och
- ----------------------------------
Name: Daniel S. Och
Title: Managing Member
OCH-ZIFF CAPITAL MANAGEMENT, L.P.
By: OCH-ZIFF ASSOCIATES, L.L.C.
as General Partner
By: /s/ Daniel S. Och
- -----------------------------------
Name: Daniel S. Och
Title: Managing Member
OCH-ZIFF ASSOCIATES, L.L.C.
By: /s/ Daniel S. Och
- -----------------------------------
Name: Daniel S. Och
Title: Managing Member
<PAGE>
Schedule I
OZ Master Fund
Title of Transaction Securities Purchased(P)
Security Date or Sold(S)
Number of (P) Price
Shares (S) Per Share
Common Stock 02/08/00 1,333,333 S $5.25*
Common Stock 02/08/00 248,055 S $5.25
* For the purposes of this item on Schedule I, the price per Share of Shares
"Sold" represents the conversion price of the 0% Convertible Promissory Note
of Bolle, Inc. held in the name of OZ Master Fund. Such Note was redeemed by
OZ Master Fund at the face value thereof.
<PAGE>
Schedule II
Och-Ziff Capital Management
Title of Transaction Securities Purchased(P)
Security Date or Sold(S)
Number of (P) Price
Shares (S) Per Share
Common Stock 02/08/00 240,000 S $5.25
