SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 7)*
SHARPER IMAGE CORPORATION
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
820013 10 0
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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
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>
<TABLE>
<CAPTION>
<S> <C> <C>
- ------------------------------------------------------ ---------------------------------------------------
CUSIP NO. 820013 10 0 13G Page 2 of 5 Pages
- ------------------------------------------------------ ---------------------------------------------------
- ----------- --------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Richard Thalheimer
###-##-####
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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 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- ----------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER 5,132,459 shares of Common Stock (includes options exercisable within 60
OF days for 180,000 shares)
SHARES
BENEFICIALLY
OWNED BY
REPORTING
PERSON
WITH
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6 SHARED VOTING POWER
586,028 shares of Common Stock
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7 SOLE DISPOSITIVE POWER
5,132,459 shares of Common Stock (includes options exercisable within 60
days for 180,000 shares)
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8 SHARED DISPOSITIVE POWER
586,028 shares of Common Stock
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,718,487 shares of Common Stock
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
68.4 %
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12 TYPE OF REPORTING PERSON*
IN
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<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
Page 3 of 5 Pages
Item 1(a) Name of Issuer:
Sharper Image Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
650 Davis Street
San Francisco, CA 94111
Item 2(a) Name of Person Filing:
Richard Thalheimer
Item 2(b) Address of Principal Business Office or, if none,
Residence:
650 Davis Street
San Francisco, CA 94111
Item 2(c) Citizenship:
United States of America
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
820013 10 0
Item 3. If this statement is filed pursuant to Rules
13d-1(b), or 13d-2(b), check whether the person
filing is a:
Not Applicable
<PAGE>
Page 4 of 5 Pages
Item 4. Ownership.
(a) Amount Beneficially Owned as of December 31,
1997: 5,718,487 Shares of Common Stock. Does
not include 45,500 shares owned by Ms. Elyse
Eng Thalheimer, Mr. Richard Thalheimer's
wife. Includes 4,152,459 shares owned by The
Richard J. Thalheimer Revocable Trust, of
which Mr. Richard Thalheimer is trustee and
sole beneficiary. Includes 203,665 shares
owned by The Richard Thalheimer and Elyse
Thalheimer Family Trust, of which Mr.
Richard Thalheimer is a co-beneficiary.
Includes 14,363 shares owned by the Richard
and Elyse Thalheimer Irrevocable Trust.
Includes 368,000 shares owned by The Richard
J. Thalheimer Children's Trust. Includes
400,000 shares owned by the Richard J.
Thalheimer 1997 Grantor Annuity Trust.
Includes 400,000 shares owned by the Richard
J. Thalheimer 1997 Annuity Trust, of which
Mr. Richard Thalheimer is trustee and
beneficiary. Includes options exercisable
within 60 days for 180,000 shares granted to
Richard Thalheimer.
(b) Percent of Class: 68.4%
(c) Number of shares as to which such person
has:
(i) sole power to vote or to direct the
vote: 5,132,459 shares of Common Stock
(ii) shared power to vote or to direct the
vote: 586,028
(iii) sole power to dispose or to direct the
disposition of: 5,132,459 shares of
Common Stock
(iv) shared power to dispose or to direct
the disposition of: 586,028
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
<PAGE>
Page 5 of 5 Pages
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
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: February 12, 1998
Signature: /s/ Richard Thalheimer
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Name: Richard Thalheimer
Title: Chief Executive Officer and Chairman of the Board
