SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 6)
Navarre Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
639208107
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(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
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).
(Continued on following page(s))
Page 1 of 4 Pages
<PAGE>
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CUSIP NO. 639208107 13G PAGE 2 of 4 PAGES
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1 NAME OF REPORTING PERSON: Eric H. Paulson
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Minnesota
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NUMBER OF 5 SOLE VOTING POWER
SHARES 2,367,019 shares
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 3,650 shares
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 2,367,019 shares
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PERSON 8 SHARED DISPOSITIVE POWER
WITH: 3,650 shares
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,370,669 shares
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.1%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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Page 2 of 4 Pages
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ITEM 4 IS HEREBY AMENDED AS FOLLOWS:
ITEM 4. OWNERSHIP
At December 31, 1999, Mr. Paulson beneficially owned the
following shares of Navarre Corporation:
(a) Amount beneficially owned - 2,370,669 shares.
(b) Percent of Class - 10.1%.
(c) Of the shares beneficially owned by the Reporting Person, he has
the power to vote or dispose of the shares as follows:
(i) Sole power to vote or direct the vote - 2,367,019
shares.
(ii) Shared power to vote or direct the vote - 3,650 shares.
(iii) Sole power to dispose or direct the disposition of -
2,367,019 shares.
(iv) Shared power to dispose or direct the disposition of -
3,650.
Of the shares listed above as beneficially owned, 2,272,019 are owned by
Mr. Paulson directly, 3,650 shares are owned by Mr. Paulson's spouse and 95,000
shares are deemed owned pursuant to options exercisable within 60 days of
December 31, 1999.
ITEM 10. CERTIFICATION
By signing below I certify that to the best of my knowledge and
belief the securities referred to above were not acquired and
are not held for the purpose of or with the affect of changing
or influencing the control of the issuer of the securities and
were not acquired and are not held in connection with or us a
participant in any transaction having that purpose or effect.
Page 3 of 4 Pages
<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.
Dated: February 9, 2000
By: /s/ Eric H. Paulson
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Eric H. Paulson
Page 4 of 4 Pages
