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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 8)*
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Media Arts Group, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
58439 C 10 2
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(CUSIP Number)
James J. Moloney, Gibson, Dunn & Crutcher LLP,
4 Park Plaza, Irvine, CA 92614 (949) 451-4343
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
December 15, 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 that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-l(e), 240.13d-l(f) or 240.13d-l(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, should be filed with the
Commission. 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
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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SCHEDULE 13D
CUSIP No. 58439 C 10 2
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(1) Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
THOMAS KINKADE
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(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
N/A
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(3) SEC Use Only
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(4) Source of Funds (See Instructions)
N/A
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(5) Check Box if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e) [ ]
N/A
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(6) Citizenship or Place of Organization
U.S.
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(7) Sole Voting Power
600,000
NUMBER -------------------------------------------------------
OF SHARES (8) Shared Voting Power
BENEFICIALLY
OWNED 3,140,651
BY EACH -------------------------------------------------------
REPORTING (9) Sole Dispositive Power
PERSON
WITH 600,000
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(10) Shared Dispositive Power
3,140,651
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
3,740,651
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(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions) [ ]
N/A
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(13) Percent of Class Represented by Amount in Row (11)
27.2%
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(14) Type of Reporting Person (See Instructions)
IN
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2
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SCHEDULE 13D
CUSIP No. 58439 C 10 2
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(1) Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
NANETTE KINKADE
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(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
N/A
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(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds (See Instructions)
N/A
--------------------------------------------------------------------------------
(5) Check Box if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e) [ ]
N/A
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization
U.S.
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(7) Sole Voting Power
0
NUMBER -------------------------------------------------------
OF SHARES (8) Shared Voting Power
BENEFICIALLY
OWNED 3,140,651
BY EACH -------------------------------------------------------
REPORTING (9) Sole Dispositive Power
PERSON
WITH 0
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(10) Shared Dispositive Power
3,140,651
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
3,140,651
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(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions) [ ]
N/A
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(13) Percent of Class Represented by Amount in Row (11)
23.9%
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(14) Type of Reporting Person (See Instructions)
IN
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3
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ITEM 1. SECURITY AND ISSUER
This Schedule 13D (the "Statement") relating to common shares, par
value $0.01 per share (the "Common Stock"), of Media Arts Group, Inc.,
a Delaware Corporation (the "Issuer") is amended to furnish the
additional information set forth herein.
The address of the Issuer's principal executive offices is 521 Charcot
Avenue, San Jose, California 95131.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
Item 6 to this Statement is hereby amended to add the following:
On December 15, 2000 Thomas Kinkade and the Issuer entered into an
Additional Standstill Agreement to extend the restricted period in the
prior Standstill Agreement from December 15, 2000 to January 29, 2001.
The following is a summary of the Additional Standstill Agreement. The
following summary description does not purport to be complete and is
subject to and qualified in its entirety by reference to the Additional
Standstill Agreement, which is included as Exhibit 6 hereto. The
Additional Standstill Agreement provides that between December 15 and
January 29, 2001, neither Thomas Kinkade nor any of his Representatives
(as defined in the Additional Standstill Agreement) shall, without the
prior written consent of the independent committee of the Issuer,
consisting of Michael West and Herbert Montgomery: (i) acquire any
Voting Securities (as defined in the Additional Standstill Agreement)
of the Issuer; (ii) solicit proxies to vote or influence any person or
entity with respect to the voting of any Voting Securities of the
Issuer; (iii) make any public announcement with respect to any
extraordinary transaction involving the Issuer or any of its securities
or assets; (iv) form, join or otherwise participate in any Section
13(d) group in connection with any of the foregoing; or (v) take any
actions which would require the Issuer to make a public announcement
regarding the possibility of any of the events described in paragraph
(i) through (iv) above.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit 6. Additional Standstill Agreement dated as of December 15,
2000 by and between Thomas Kinkade and Media Arts Group,
Inc.
4
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SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief, each of
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
/s/ THOMAS KINKADE December 15, 2000
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Thomas Kinkade
/s/ NANETTE KINKADE December 15, 2000
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Nanette Kinkade
5
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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1 Joint Filing Agreement dated March 5, 1997 by and between
Thomas Kinkade and Nanette Kinkade, previously filed on
March 5, 1997.
2 License Agreement entered into as of December 3, 1997 by
and between Media Arts Group, Inc. and Thomas Kinkade,
previously filed on December 16, 1997.
3 Stock Option Agreement dated December 3, 1997 by and
between Media Arts Group, Inc. and Thomas Kinkade,
previously filed on September 25, 1998.
4 Letter from Thomas Kinkade to the Board of Directors of
Media Arts Group, Inc., dated October 17, 2000 previously
filed on October 18, 2000.
5 Standstill Agreement dated as of November 15, 2000 by and
between Thomas Kinkade & Media Arts Group, Inc. previously
filed on November 21, 2000.
6 Additional Standstill Agreement dated as of December 15,
2000 by and between Thomas Kinkade & Media Arts Group,
Inc.
6
