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OMB APPROVAL
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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. 1)
GARDEN BOTANIKA, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
364854109
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(CUSIP Number)
Check the following box if a fee is being paid with the statement |_|. (A fee is
not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1 and (2); has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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).
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CUSIP NO. 364854109 13G PAGE 2 OF 7 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Olympus Private Placement Fund, L.P.
I.R.S. #06-1288030
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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
State of Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 356,577
OWNED BY
EACH
REPORTING
PERSON
WITH
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6 SHARED VOTING POWER
None
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7 SOLE DISPOSITIVE POWER
356,577
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8 SHARED DISPOSITIVE POWER
None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
356,577
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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
5%, but approximately 5.3% if considered together with Olympus
Executive Fund, L.P.
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 364854109 13G PAGE 3 OF 7 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Olympus Executive Fund, L.P.
I.R.S. #06-1440917
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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
State of Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 22,000
OWNED BY
EACH
REPORTING
PERSON
WITH
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6 SHARED VOTING POWER
None
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7 SOLE DISPOSITIVE POWER
22,000
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8 SHARED DISPOSITIVE POWER
None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
22,000
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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
0.3%, but approximately 5.3% if considered together with Olympus
Private Placement Fund, L.P.
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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INTRODUCTORY NOTE: This Amendment No. 1 amends the Statement on Schedule 13G
(the "Schedule 13G") filed by Olympus Private Placement Fund, L.P. and Olympus
Executive Fund, L.P. on October 31, 1997. Capitalized terms used herein and not
otherwise defined shall have the meanings given to them in the Schedule 13G.
The Items from the Schedule 13G are hereby amended to read as
follows:
ITEM 4 OWNERSHIP
(a) Amount Beneficially Owned: As of December 31, 1997, OPPF
had the beneficial ownership of 356,577 shares of Common
Stock, representing 5% of the total outstanding shares of
Common Stock, and OEF had the beneficial ownership of
22,000 shares of Common Stock, representing 0.3% of the
total outstanding shares of Common Stock.
(b) OPPF and OEF are the beneficial owners of, in aggregate,
378,577 shares of Common Stock. Such shares represent
approximately 5.3% of the outstanding Common Stock.
(c) To the best knowledge of OPPF, no person other than OPPF
has the power to vote or to direct the vote or to dispose
or direct the disposition of any of the securities which
OPPF may be deemed to beneficially own.
To the best knowledge of OEF, no person other than OEF has
the power to vote or to direct the vote or to dispose or
direct the disposition of any of the securities which OEF
may be deemed to beneficially own.
ITEM 10 CERTIFICATION
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purposes or effect.
Page 4 of 7
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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: February 6, 1998
OLYMPUS PRIVATE PLACEMENT FUND, L.P.
By: OGP Partners, L.P., its General Partner
By: /s/ Robert S. Morris
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Name: Robert S. Morris
Title: Managing Partner
Page 5 of 7
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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: February 6, 1998
OLYMPUS EXECUTIVE FUND, L.P.
By: OEF, L.P., its General Partner
By: RSM Corporation, its
General Partner
By: /s/ Robert S. Morris
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Name: Robert S. Morris
Title: Managing Partner
Page 6 of 7
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SCHEDULE I
JOINT FILING AGREEMENT
The undersigned parties hereby agree that Amendment No.1 to the Schedule
13G filed herewith relating to the Stock of Garden Botanika, Inc. is being filed
jointly with the Securities and Exchange Commission pursuant to Section
13-d-1(f) on behalf of each such person.
Dated: February 6, 1998
OLYMPUS PRIVATE PLACEMENT FUND, L.P.
By: OGP Partners, L.P., its General Partner
By: /s/ Robert S. Morris
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Name: Robert S. Morris
Title: Managing Partner
OLYMPUS EXECUTIVE FUND, L.P.
By: OEF, L.P., its General Partner
By: RSM Corporation, its
General Partner
By: /s/ Robert S. Morris
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Name: Robert S. Morris
Title: Managing Partner
Page 7 of 7
