<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
PLANET POLYMER TECHNOLOGIES, INC.
- --------------------------------------------------------------------------------
(NAME OF ISSUER)
COMMON STOCK
- --------------------------------------------------------------------------------
(TITLE OF CLASS OF SECURITIES)
727044 10 9
- --------------------------------------------------------------------------------
(CUSIP NUMBER)
REBECCA A. PETCAVICH
9985 BUSINESSPARK AVENUE, SUITE A
SAN DIEGO, CA 92131
(619) 621-2240
- --------------------------------------------------------------------------------
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)
JANUARY 31, 1996
- --------------------------------------------------------------------------------
(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 Rule 13d-1(b)(3) or (4), check the following box
[ ]
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
(Continued on following pages)
(Page 1 of 5 Pages)
CUSIP NO. 727044 10 9 13D Page 1 of 5 Pages
1.
<PAGE> 2
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Rebecca A. Petcavich
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
00
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
864,599
NUMBER OF ----------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
OWNED BY ----------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 864,599
WITH ----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
864,599
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
15.96%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
2.
<PAGE> 3
ITEM 1. SECURITY AND ISSUER
This Amendment No. 1 (the "Amendment") to the Schedule 13D dated as of
November 29, 1995, and filed with the Securities and Exchange Commission on
March 6, 1996, relates to the beneficial ownership of shares of the Common Stock
(the "Common Stock") of Planet Polymer Technologies, Inc., a California
corporation (the "Issuer"). The principal executive offices of the Issuer are
located at 9985 Businesspark Avenue, Suite A, San Diego, CA 92131.
This Amendment is being filed pursuant to Section 13(d)(2) of the
Securities Exchange Act of 1934, as amended, and Rule 13d-2 thereunder to
disclose the acquisition of beneficial ownership of an additional 146,000 shares
of Common Stock (the "Additional Shares") pursuant to the grants of two options
to purchase 25,000 shares and 121,000 shares, respectively, of Common Stock. The
entire text of the original Schedule 13D, dated as of November 29, 1995, is
being provided herein pursuant to Rule 13d-2(c).
ITEM 2. IDENTITY AND BACKGROUND
(a) Rebecca A. Petcavich
(b) Planet Polymer Technologies, Inc.
9985 Businesspark Avenue, Suite A
San Diego, CA 92131
(c) Investor Relations
Planet Polymer Technologies, Inc.
9985 Businesspark Avenue, Suite A
San Diego, CA 92131
(d) Not Applicable
(e) Not Applicable
(f) United States
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Beneficial ownership of 25,000 additional shares of Common Stock was
acquired on October 23, 1995 in connection with the grant of an Incentive Stock
Option to purchase 25,000 shares of Common Stock at an exercise price of $3.875
per share. Beneficial ownership of 121,000 additional shares of Common Stock was
acquired on January 31, 1996 in connection with the grant of a Nonstatutory
Stock Option to purchase 121,000 shares of Common Stock at an exercise price of
$8.125 per share.
3.
<PAGE> 4
ITEM 4. PURPOSE OF THE TRANSACTION
Beneficial ownership of the Additional Shares was acquired in
connection with the grant of an Incentive Stock Option and a Nonstatutory Stock
Option.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) Beneficial Ownership: 864,599
Percentage Ownership: 15.96%
(b) Sole Voting Power: 864,599
Shared Voting Power: -0-
Sole Dispositive Power: 864,599
Shared Dispositive Power: -0-
(c) Recent Transactions: None.
(d) Right to Receive Dividends: Not applicable
(e) Ownership below 5%: Not applicable
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER
Not applicable.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Not applicable.
4.
<PAGE> 5
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 11, 1997
/s/ REBECCA A. PETACAVICH
----------------------------------
Rebecca A. Petacavich
5.
<PAGE> 6
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
PLANET POLYMER TECHNOLOGIES, INC.
- --------------------------------------------------------------------------------
(NAME OF ISSUER)
COMMON STOCK
- --------------------------------------------------------------------------------
(TITLE OF CLASS OF SECURITIES)
727044 10 9
- --------------------------------------------------------------------------------
(CUSIP NUMBER)
REBECCA A. PETCAVICH
9985 BUSINESSPARK AVENUE, SUITE A
SAN DIEGO, CA 92131
(619) 621-2240
- --------------------------------------------------------------------------------
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)
NOVEMBER 29, 1995
- --------------------------------------------------------------------------------
(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 Rule 13d-1(b)(3) or (4), check the following box
[ ]
Check the following box if a fee is being paid with the statement [X].
(A fee is not required only if the reporting 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.)
NOTE: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom copies
are to be sent.
(Continued on following pages)
(Page 1 of 5 Pages)
<PAGE> 7
CUSIP NO. 727044 10 9 13D Page 2 of 5 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Rebecca A. Petcavich
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
00
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
718,599
NUMBER OF ----------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
OWNED BY ----------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 718,599
WITH ----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
718,599
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13.9%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
<PAGE> 8
PAGE 3 OF 5 PAGES
ITEM 1. SECURITY AND ISSUER
This statement relates to the Common Stock (the "Common Stock") of
Planet Polymer Technologies, Inc., a California corporation (the "Issuer"). The
principal executive offices of the Issuer are located at 9985 Businesspark
Avenue, Suite A, San Diego, CA 92131.
ITEM 2. IDENTITY AND BACKGROUND
(a) Rebecca A. Petcavich
(b) Planet Polymer Technologies, Inc.
9985 Businesspark Avenue, Suite A
San Diego, CA 92131
(c) Marketing Officer
Planet Polymer Technologies, Inc.
9985 Businesspark Avenue, Suite A
San Diego, CA 92131
(d) Not Applicable
(e) Not Applicable
(f) United States
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The Common Stock was issued when Robert J. Petcavich transferred shares
held as community property to Rebecca A. Petcavich as her separate property.
ITEM 4. PURPOSE OF THE TRANSACTION
As noted in Item 3 above, the Common Stock was issued to facilitate a
change in the ownership of the shares from community to separate property.
<PAGE> 9
PAGE 4 OF 5 PAGES
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) Beneficial Ownership: 718,599
Percentage Ownership: 13.9%
(b) Sole Voting Power: 718,599
Shared Voting Power: -0-
Sole Dispositive Power: 718,599
Shared Dispositive Power: -0-
(c) Recent Transactions: None.
(d) Right to Receive Dividends: Not applicable
(e) Ownership below 5%: Not applicable
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER
Not Applicable.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Not Applicable.
<PAGE> 10
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 9, 1996
REBECCA A. PETCAVICH
-----------------------------
Rebecca A. Petcavich
