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Previous: NN INC, 8-K, EX-99.1, 2000-08-10 |
Next: DONAHUE JOHN F, 4, 2000-08-10 |
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SEC 1746 |
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
OMB APPROVAL OMB Number: 3235-0145 Expires: October 31, 2002 Estimated average burden hours per response . . . .14.9 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
Maxwell Shoe Company Inc.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
577766108
(CUSIP Number)
Christopher J. Rupright, Esq.
Shartsis, Friese & Ginsburg LLP
One Maritime Plaza, 18th Floor
San Francisco, CA 94111
415-421-6500
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
July 31, 2000
(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 that is the subject of this Schedule 13D, and is filing this schedule because of sections 240.13d-1(e), 240.13d-1(f) or 140.13d-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 section 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 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).
1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
Stadium Capital Partners, L.P.
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ______
(b) ______
3. SEC Use Only
4. Source of Funds (See Instructions) WC
5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ____
6. Citizenship or Place of Organization California
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Number of Shares Beneficially Owned by Each Reporting Person With |
7. Sole Voting Power -0- |
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8. Shared Voting Power 755,100 |
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9. Sole Dispositive Power -0- |
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10. Shared Dispositive Power 755,100 |
11. Aggregate Amount Beneficially Owned by Each Reporting Person 755,100
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) ______
13. Percent of Class Represented by Amount in Row (11) 8.6%
14. Type of Reporting Person (See Instructions)
PN
________
________
1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
Stadium Capital Management, LLC
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) XXX
(b) ______
3. SEC Use Only
4. Source of Funds (See Instructions) AF
5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ____
6. Citizenship or Place of Organization Delaware
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Number of Shares Beneficially Owned by Each Reporting Person With |
7. Sole Voting Power -0- |
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8. Shared Voting Power 809,300 |
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9. Sole Dispositive Power -0- |
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10. Shared Dispositive Power 809,300 |
11. Aggregate Amount Beneficially Owned by Each Reporting Person 809,300
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) ______
13. Percent of Class Represented by Amount in Row (11) 9.2%
14. Type of Reporting Person (See Instructions)
OO
IA
________
1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
Alexander M. Seaver
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) XXX
(b) ______
3. SEC Use Only
4. Source of Funds (See Instructions) AF
5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ____
6. Citizenship or Place of Organization United States
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Number of Shares Beneficially Owned by Each Reporting Person With |
7. Sole Voting Power -0- |
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8. Shared Voting Power 809,300 |
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9. Sole Dispositive Power -0- |
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10. Shared Dispositive Power 809,300 |
11. Aggregate Amount Beneficially Owned by Each Reporting Person 809,300
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) ______
13. Percent of Class Represented by Amount in Row (11) 9.2%
14. Type of Reporting Person (See Instructions)
IN
________
________
1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
Bradley R. Kent
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) XXX
(b) ______
3. SEC Use Only
4. Source of Funds (See Instructions) AF
5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ____
6. Citizenship or Place of Organization United States
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Number of Shares Beneficially Owned by Each Reporting Person With |
7. Sole Voting Power -0- |
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8. Shared Voting Power 809,300 |
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9. Sole Dispositive Power -0- |
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10. Shared Dispositive Power 809,300 |
11. Aggregate Amount Beneficially Owned by Each Reporting Person 809,300
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) ______
13. Percent of Class Represented by Amount in Row (11) 9.2%
14. Type of Reporting Person (See Instructions)
IN
________
Item 1. Security and Issuer
This statement relates to shares of Common Stock (the "Stock") of Maxwell Shoe Company, Inc. (the "Issuer"). The principal executive office of the Issuer is located at 101 Sprague St., P.O. Box 37, Readville, MA 02137.
Item 2. Identity and Background
The persons filing this statement and the persons enumerated in Instruction C of Schedule 13D and, where applicable, their respective places of organization, general partners, directors, executive officers and controlling persons, and the information regarding them, are as follows:
(a) Stadium Capital Partners, L.P. a California limited partnership ("SCP"),
Stadium Capital Management, LLC, a Delaware limited liability company ("SCM"),
Alexander M. Seaver ("Seaver")
Bradley R. Kent ("Kent")
(collectively, the "Filers").
SCP is filing this statement jointly with the other Filers, but not as a member of a group and expressly disclaims membership in a group.
(b) The business address of the Filers is
430 Cowper St., Suite 200, Palo Alto, CA 94301.
(c) Present principal occupation or employment or the Filers and the name, principal business and address of any corporation or other organization in which such employment is conducted:
SCP is an investment limited partnership, of which SCM is the general partner and the investment adviser. Seaver and Kent are the managers of SCM.
(d) During the last five years, none of the Filers has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) During the last five years, none of the Filers was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f) Seaver and Kent are citizens of the United States of America.
Item 3. Source and Amount of Funds or Other Consideration
The source and amount of funds used in purchasing the Stock were as follows:
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Purchaser |
Source of Funds |
Amount |
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SCP |
Working Capital |
$6,612.202.52 |
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SCM |
Funds Under Management (1) |
$7,194.867.52 |
(1)
Item 4. Purpose of Transaction
The Filers have been and they continue to be in contact with the Issuer's management, members of the Board of Directors and other significant shareholders regarding alternatives to maximize shareholder value.
Item 5. Interest in Securities of the Issuer
The beneficial ownership of the Stock by each Filer at the date hereof is reflected on that Filer's cover page.
The Filers effected the following transactions in the Stock in open market transactions on the dates indicated, and such transactions are the only transactions in the Stock by the Filers since May 31, 2000.
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Purchase or Sale |
Date |
Number of Shares |
Price Per Share |
|
P |
5-31-2000 |
3,000 |
7.625 |
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P |
6-27-2000 |
900 |
9.625 |
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P |
7-6-2000 |
5,000 |
9.875 |
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P |
7-27-2000 |
3,000 |
10.500 |
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P |
7-31-2000 |
15,000 |
10.813 |
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P |
7-31-2000 |
80,000 |
10.750 |
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P |
8-1-2000 |
2,500 |
10.750 |
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P |
8-1-2000 |
54,200 |
10.750 |
Item 6. Contracts, Arrangement, Understandings or Relationships with Respect to Securities of the Issuer
SCM is the general partner of SCP and other clients pursuant to Agreements of Limited Partnership providing to SCM the discretionary authority, among other things, to invest the funds of such clients in securities, to vote and dispose of securities and to file this statement on behalf of such clients. Pursuant to such Agreements of Limited Partnership, the general partner of such clients is entitled to allocations based on assets under management and realized and unrealized gains.
Item 7. Material to Be Filed as Exhibits
Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G.
Dated: August 9, 2000
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STADIUM CAPITAL MANAGEMENT, LLC |
STADIUM CAPITAL PARTNERS, L.P. |
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Bradley R. Kent |
Alexander M. Seaver |
EXHIBIT A
AGREEMENT REGARDING JOINT FILING
OF STATEMENT ON SCHEDULE 13D OR 13G
The undersigned agree to file jointly with the Securities and Exchange Commission (the "SEC") any and all statements on Schedule 13D or Schedule 13G (and any amendments or supplements thereto) required under section 13(d) of the Securities Exchange Act of 1934, as amended, in connection with purchases by the undersigned of the common stock of Maxwell Shoe Company, Inc. For that purpose, the undersigned hereby constitute and appoint Stadium Capital Management, LLC, a Delaware limited liability company, as their true and lawful agent and attorney-in-fact, with full power and authority for and on behalf of the undersigned to prepare or cause to be prepared, sign, file with the SEC and furnish to any other person all certificates, instruments, agreements and documents necessary to comply with section 13(d) and section 16(a) of the Securities Exchange Act of 1934, as amended, in connection with said purchases, and to do and perform every act necessary and proper to be done incident to the exercise of the foregoing power, as fully as the undersigned might or could do if personally present.
Dated: February 4, 2000.
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STADIUM CAPITAL MANAGEMENT, LLC |
STADIUM CAPITAL PARTNERS, L.P. |
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Bradley R. Kent |
Alexander M. Seaver |
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