UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
OUTLOOK GROUP CORP.
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
690113105
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(CUSIP Number)
Steven J. Glusband
Carter, Ledyard & Milburn
2 Wall Street, New York, New York 10005
(212) 732-3200
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
September 11, 2000
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(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 ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-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 ss. 240.13d-7 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).
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CUSIP No. 690113105
1 NAME OF REPORTING PERSON: Ronnie Shemesh
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): Not Applicable
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS: PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e): [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States
NUMBER OF 7 SOLE VOTING POWER: 400,315 shares of Common Stock
SHARES
BENEFICIALLY 8 SHARED VOTING POWER: 0 shares of Common Stock
OWNED BY
EACH REPORTING 9 SOLE DISPOSITIVE POWER: 400,315 shares of Common Stock
PERSON WITH
10 SHARED DISPOSITIVE POWER: 0 shares of Common Stock
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 400,315 shares of Common Stock
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 10.3%
14 TYPE OF REPORTING PERSON: IN
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This Amendment No. 3 to the Statement on Schedule 13D dated April 28, 2000 is
being filed to report the purchase by Mr. Ronnie Shemesh ("Mr. Shemesh") of an
aggregate of 68,400 shares of common stock, $0.01 par value (the "Common
Stock"), of Outlook Group Corp., a Wisconsin corporation, (the "Issuer") in a
series of open market transactions and in a private transaction.
Item 3. Source and Amount of Funds or Other Consideration
ITEM 3 OF THIS STATEMENT IS HEREBY AMENDED AND RESTATED TO READ IN ITS
ENTIRETY AS FOLLOWS:
Since August 11, 2000, the filing date of the Amendment No. 2 to the
Statement on Schedule 13D, Mr. Shemesh has engaged in the following transactions
involving the Common Stock:
1. On August 17, 2000, Mr. Shemesh purchased, in the open market with
his personal funds, 300 shares of Common Stock at a price of $5.875 per
share;
2. On August 21, 2000, Mr. Shemesh purchased, in the open market with
his personal funds, an aggregate of 5,200 shares of Common Stock at a price
of $5.915 per share;
3. On August 25, 2000, Mr. Shemesh purchased, in the open market with
his personal funds, 200 shares of Common Stock at a price of $6.00 per
share;
4. On August 28, 2000, Mr. Shemesh purchased, in the open market with
his personal funds, 200 shares of Common Stock at a price of $6.00 per
share;
5. On August 29, 2000, Mr. Shemesh purchased, in the open market with
his personal funds, 2,000 shares of Common Stock at a price of $5.937 per
share;
6. On August 30, 2000, Mr. Shemesh purchased, in the open market with
his personal funds, 7,500 shares of Common Stock at a price of $5.862 per
share;
7. On August 31, 2000, Mr. Shemesh purchased, in the open market with
his personal funds, 1,500 shares of Common Stock at a price of $5.812 per
share;
8. On September 1, 2000, Mr. Shemesh purchased, in the open market
with his personal funds, 1,400 shares of Common Stock at a price of $5.817
per share;
9. On September 7, 2000, Mr. Shemesh purchased, in the open market
with his personal funds, 4,000 shares of Common Stock at a price of $5.765
per share;
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10. On September 8, 2000, Mr. Shemesh purchased, in the open market
with his personal funds, 6,000 shares of Common Stock at a price of $5.812
per share;
11. On September 11, 2000, Mr. Shemesh purchased, in the open market
with his personal funds, 14,100 shares of Common Stock at a price of $5.995
per share;
12. On September 12, 2000, Mr. Shemesh purchased, in the open market
with his personal funds, 5,000 shares of Common Stock at a price of $6.00
per share;
13. On September 13, 2000, Mr. Shemesh purchased, in the open market
with his personal funds, 1,500 shares of Common Stock at a price of $5.937
per share;
14. On September 15, 2000, Mr. Shemesh purchased, in the open market
with his personal funds, 1,000 shares of Common Stock at a price of $5.937
per share;
15. On September 18, 2000, Mr. Shemesh purchased, in the open market
with his personal funds, 3,000 shares of Common Stock at a price of $5.979
per share;
16. On September 22, 2000, Mr. Shemesh purchased from Mr. Norman Weiss
in a private transaction with his personal funds, 15,500 shares of Common
Stock in consideration of $93,000 ($6.00 per share).
Item 4. Purpose of Transaction
ITEM 4 OF THIS STATEMENT IS HEREBY AMENDED AND RESTATED TO READ IN ITS
ENTIRETY AS FOLLOWS:
The 68,400 shares of Common Stock purchased by Mr. Shemesh during the
period August 17, 2000 through September 22, 2000 were purchased for investment
purposes.
Mr. Shemesh currently does not have any plan or proposal which relates to
or would result in:
(a) the acquisition by any person of additional securities of the
Issuer, or the disposition of securities of the Issuer;
(b) an extraordinary corporate transaction, such as a merger,
reorganization, or liquidation, involving the Issuer or any of its
subsidiaries;
(c) a sale or transfer of a material amount of the assets of the
Issuer or any of its subsidiaries;
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(d) any change in the present board of directors or management of the
Issuer, including any plan or proposal to change the number or term of
directors or to fill any existing vacancies on the board;
(e) any material change in the present capitalization or dividend
policy of the Issuer;
(f) any other material change in the Issuer's business or corporate
structure;
(g) changes in the Issuer's charter or by-laws or other actions which
may impede the acquisition of control of the Issuer by any person;
(h) a class of securities of the Issuer being delisted from a national
securities exchange or ceasing to be authorized to be quoted in an
inter-dealer quotation system of a registered national securities
association;
(i) a class of equity securities of the Issuer becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Securities
Exchange Act of 1934; or
(j) any action similar to any of those enumerated above.
Item 5. Interest in Securities of the Issuer
ITEM 5 OF THIS STATEMENT IS HEREBY AMENDED AND RESTATED TO READ IN ITS
ENTIRETY AS FOLLOWS:
(a) and (b) Mr. Shemesh is the direct beneficial owner of 400,315 shares of
Common Stock, or approximately 10.3% of the 3,880,569 shares of Common Stock,
which the Issuer has reported were outstanding on August 14, 2000 in its Form
10-K for the year ended May 31, 2000 filed with the Securities and Exchange
Commission on August 18, 2000. Mr. Shemesh has the sole voting and dispositive
power with respect to all such shares.
(c) The following table sets forth all the transactions in the shares of
Common Stock of the Issuer effected by Mr. Shemesh since August 11, 2000, the
date of the filing of Amendment No. 2 to the Statement. Except as indicated
below, all such transactions were open market purchases effected on the Nasdaq
National Market.
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Number of
shares of Price
Date of Purchase Common Stock Per Share*
---------------- ------------ -------
August 17, 2000 300 $5.875
August 21, 2000 5,200 $5.915
August 25, 2000 200 $6.00
August 28, 2000 200 $6.00
August 29, 2000 2,000 $5.937
August 30, 2000 7,500 $5.862
August 31, 2000 1,500 $5.812
September 1, 2000 1,400 $5.817
September 7, 2000 4,000 $5.765
September 8, 2000 6,000 $5.812
September 11, 2000 14,100 $5.995
September 12, 2000 5,000 $6.00
September 13, 2000 1,500 $5.937
September 15, 2000 1,000 $5.937
September 18, 2000 3,000 $5.979
September 22, 2000** 15,500 $6.00
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* Does not include broker's commissions.
** Mr. Shemesh purchased the 15,500 shares of Common Stock from Mr.
Norman Weiss in a private transaction.
Except for such transactions, Mr. Shemesh has not effected any transactions
in the shares of Common Stock since August 11, 2000, the date of filing
Amendment No. 2 to the Statement.
(d) No person other than Mr. Shemesh has the right to receive or the power
to direct the receipt of dividends from, or the proceeds from the sale of, the
shares reported above in this Item 5.
(e) Not applicable.
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Item 7. Material to be filed as Exhibits
None.
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SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I
hereby certify that the information set forth in this Statement is true,
complete and correct.
Date: September 25, 2000
/s/Ronnie Shemesh
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Ronnie Shemesh
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