UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Act of 1934
Minuteman International, Inc.
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
604540104
(CUSIP Number)
April 7, 2000
(Date of Event which Requires Filing of this Statement)
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SCHEDULE 13D
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CUSIP No. 604540104 Page 1of 7 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
COLDSTREAM CAPITAL MANAGEMENT, INC.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A (a) |_|
GROUP* (b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS* (SEE INSTRUCTIONS)
OO
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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
USA
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7 SOLE VOTING POWER
178,900
NUMBER OF SHARES -------------------------------------------------------
BENEFICIALLY OWNED BY 8 SHARED VOTING POWER
EACH REPORTING PERSON 13,000
WITH -------------------------------------------------------
9 SOLE DISPOSITIVE POWER
178,900
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10 SHARED DISPOSITIVE POWER
13,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Item 2a in attached Schedule.
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See Item 2a in attached Schedule.
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14 TYPE OF REPORTING PERSON*
IA
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CUSIP No. 604540104 Page 2 of 7 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
DAVID M. HUDSON
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A (a) |_|
GROUP* (b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS* (SEE INSTRUCTIONS)
PF, OO
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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
USA
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7 SOLE VOTING POWER
179,900
NUMBER OF SHARES -------------------------------------------------------
BENEFICIALLY OWNED BY 8 SHARED VOTING POWER
EACH REPORTING PERSON 13,000
WITH -------------------------------------------------------
9 SOLE DISPOSITIVE POWER
179,900
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10 SHARED DISPOSITIVE POWER
13,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Item 2a in attached Schedule.
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See Item 2a in attached Schedule.
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14 TYPE OF REPORTING PERSON*
IN
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CUSIP No. 604540104 Page 3 of 7 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
COLDSTREAM VALUE PARTNERS
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A (a) |_|
GROUP* (b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS* (SEE INSTRUCTIONS)
OO
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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
USA
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7 SOLE VOTING POWER
178,900
NUMBER OF SHARES -------------------------------------------------------
BENEFICIALLY OWNED BY 8 SHARED VOTING POWER
EACH REPORTING PERSON 13,000
WITH -------------------------------------------------------
9 SOLE DISPOSITIVE POWER
178,900
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10 SHARED DISPOSITIVE POWER
13,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
178,900
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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)
5.01%
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14 TYPE OF REPORTING PERSON*
PN
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CUSIP No. 604540104 Page 4 of 7 Pages
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ITEM 1(A) Title of the Class of Equity Securities
Minuteman International, Inc.
Name and Address of Issuer's Principal Executive Offices
Mr. Thomas J. Nolan, Treasurer
111 South Rohlwing Road
Addison, IL 60101
ITEM 2(A) Name of Person(s) Filing
Coldstream Capital Management, Inc. ("CCM"), Coldstream Value
Partners ("Value Partners") and David M. Hudson ("Hudson").
Hudson may be deemed to be a controlling person of CCM and
Value Partners, and as such may be deemed to beneficially own
the shares of common stock in the Issuer beneficially owned by
CCM, its investment advisory clients and Value Partners.
Hudson owns 1,000 shares (0.02%) of common stock in the Issuer
outside of CCM and Value Partners, and disclaims beneficial
ownership in any other shares of the Issuer held by CCM, its
investment advisory clients or Value Partners.
CCM may be deemed to be a controlling person of Value Partners
and the accounts of its investment advisory clients, and as
such may be deemed to beneficially own the shares of common
stock in the Issuer beneficially owned by Value Partners or by
its investment advisory clients. CCM's investment advisory
client owns 13,000 shares (0.36%) of the shares of common
stock of the Issuer. CCM owns no shares of common stock in the
Issuer outside of Value Partners and its client investment
advisory accounts, and disclaims beneficial ownership in any
shares of the Issuer held by Value Partners or its investment
advisory clients.
ITEM 2(B) Address of Principal Business Office or, if none, residence
Coldstream Capital Management, Inc.
2370 130th Avenue N.E., Ste 103
Bellevue, WA 98005
Coldstream Value Partners
2370 130th Avenue N.E., Ste 103
Bellevue, WA 98005
David M. Hudson
20 East 74th, No. 9B
New York, NY 10021
ITEM 2(C) Citizenship
United States
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CUSIP No. 604540104 Page 5 of 7 Pages
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ITEM 2(D) Title of Class of Securities
Common stock, no par value
ITEM 2(E) CUSIP Number
604540104
ITEM 3 Source and Amount of Funds
Source and amount of funds have been and will be either (a)
client funds under management by CCM, or (b) funds held for
investment (or proceeds from the sale of other investments) by
Value Partners, or (c) personal funds of Hudson.
ITEM 4 Purpose of Transaction
Shares of the Issuer are acquired for investment purposes.
ITEM 5 Ownership
(a) Aggregate Number and Percentage: See Item 2(a)
(b) (i) Sole power to vote or to direct the vote:
CCM 178,900
Value Partners 178,900
Hudson 179,900
(b) (ii) Shared power to vote or to direct the vote:
CCM 13,000
Value Partners 0
Hudson 13,000
(b) (iii) Sole power to dispose or to direct the
disposition of:
CCM 178,900
Value Partners 178,900
Hudson 178,900
(b) (iv) Shared power to dispose or to direct the
disposition of:
CCM 13,000
Value Partners 0
Hudson 13,000
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CUSIP No. 604540104 Page 6 of 7
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(c) During the period of sixty days prior to this filing,
Value Partners purchased, in transactions through a
registered broker dealer, (i) 10,000 shares of common
stock of the Issuer for a price of $8.1255 per share
(4/6/00), (ii) 50,000 shares of common stock of the
Issuer for a price of $7.9376 per share (4/7/00), and
(iii) 12,000 shares of common stock of the Issuer for
a price of $7.7504 per share (4/12/00).
(d) CCM's investment advisory client in whose account the
shares of the Issuer are held has the power to direct
the receipt of dividends from and the proceeds of the
sale of securities held in such account.
(e) N/A.
ITEM 6 Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer
None.
ITEM 7 Material to be Filed as Exhibits
None.
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: April 14, 2000
Coldstream Capital Management, Inc. Coldstream Value Partners
By: By:
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Signature Signature
David M. Hudson, President David M. Hudson , President
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Name/Title Name/Title
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David M. Hudson
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CUSIP No. 604540104 Page 7 of 7
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The original statement shall be signed by each person on whose behalf
the statement is filed or his authorized representative. If the statement is
signed on behalf of a person by his authorized representative (other than an
executive officer or general partner of this filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
