SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5)
Checkers Drive-In Restaurants, Inc.
(Name of Issuer)
Common Stock, $.001 par value
(Title of Class of Securities)
162809 10 7
(CUSIP Number)
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).
CUSIP NO. 162809 10 7
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1) Names of Reporting Persons: Jared D. Brown
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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
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Number
of (5) Sole Voting Power: 2,626,636*
Shares ---------------------------------------------------------------------
Bene-
ficially (6) Shared Voting Power: 11,502
Owned by ---------------------------------------------------------------------
Each
Report- (7) Sole Dispositive Power: 2,626,636*
ing ---------------------------------------------------------------------
Person
With (8) Shared Dispositive Power: 11,502
- --------------------------------------------------------------------------------
* Includes 145,000 shares which Mr. Brown has a presently exercisable
option to acquire.
9) Aggregate Amount Beneficially Owned by Each Reporting Person: 2,638,138*
- --------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
- --------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row 9: 5.1%
- --------------------------------------------------------------------------------
12) Type of Reporting Person: IN
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<PAGE>
Item 1(a) Name of Issuer:
Checkers Drive-In Restaurants, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
600 Cleveland Street, Eighth Floor
Barnett Bank Building, Clearwater, Florida 34615
Item 2(a) Name of Person Filing:
Jared D. Brown
Item 2(b) Address of Principal Business Office or, if none, Residence:
121 N. Osceola Avenue
Suite 301
Clearwater, Florida 34615
Item 2(c) Citizenship:
United States
Item 2(d) Title of Class of Securities:
Common Stock, $.001 par value
Item 2(e) CUSIP Number:
162809 10 7
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in section 3(a)(19) of the Act
(d) [ ] Investment Company registered under section 8 of the Investment
Company Act
(e) [ ] Investment Adviser registered under section 203 of the Investment
Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see ss.240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with ss.240.13d-1(b)(ii)(G)
(Note: See Item 7)
(h) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(H)
<PAGE>
Item 4. Ownership
(a) Amount Beneficially Owned: 2,638,138*
(b) Percent of Class: 5.1%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 2,626,636*
(ii) shared power to vote or to direct the vote: 11,502
(iii) sole power to dispose or to direct the disposition of:
2,626,636*
(iv) shared power to dispose or to direct the disposition of:
11,502
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* Includes 145,000 shares which Mr. Brown has a presently exercisable
option to acquire.
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of thedate hereof,
the reporting person has ceased to be the beneficial owner of more than 5% of
the class of securities, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company
N/A
Item 8. Identification and Classification of Members of the Group
N/A
Item 9. Notice of Dissolution of Group
N/A
Item 10. Certification
N/A
<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.
February 14, 1997
/s/ Jared D. Brown
Jared D. Brown
