SC 13G/A 1-24-13
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Under the Securities Exchange Act of 1934
(Amendment No. 9)
(Name of Issuer)
(Title of Class of Securities)
401617 10 5
1444 South Alameda Street
Los Angeles, CA 90021
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
December 31, 2012
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
CUSIP No. 401617 10 5
Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Check the Appropriate Box if a Member of a Group
SEC Use Only
Citizenship or Place of Organization
United States of America
Sole Voting Power
Shared Voting Power
Sole Dispositive Power
Shared Dispositive Power
Aggregate Amount Beneficially Owned by Each Reporting Person
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o
Percent of Class Represented by Amount in Row (9)
Type of Reporting Person
* Includes shares which are also deemed to be beneficially owned by the Reporting Person's brother, Maurice Marciano. If the shares included herein and includable in the Section 13 Reports by Maurice Marciano in which Paul Marciano holds no pecuniary interest are subtracted to eliminate double counting, Paul Marciano would be deemed to beneficially own 14.1% of the shares that would be outstanding.
This Amendment No. 9 to Schedule 13G amends or amends and restates, where indicated, the statements on Schedule 13G relating to the Common Stock of the Issuer filed by Paul Marciano with the Securities and Exchange Commission on June 10, 2003, as amended by the filing of Amendment No. 1 on February 17, 2004, Amendment No. 2 on May 15, 2006, Amendment No. 3 on February 15, 2007, Amendment No. 4 on February 1, 2008, Amendment No. 5 on February 6, 2009, Amendment No. 6 on January 29, 2010, Amendment No. 7 on February 1, 2011 and Amendment No. 8 on February 3, 2012. Capitalized terms used in this Amendment No. 9 but not otherwise defined herein have the meanings given to them in the initial Schedule 13G.
This Amendment No. 9 is being made to update Paul Marciano's beneficial ownership. Except as otherwise set forth herein, this Amendment No. 9 does not modify any of the information previously reported by Paul Marciano in the Schedule 13G as amended to date.
Item 4. Ownership.
(a) As of January 24, 2013, Paul Marciano may be deemed to beneficially own 14,955,987 shares of Common Stock, which represents 17.5% of the 85,461,085 shares of the Common Stock that would be outstanding if he were to exercise all options exercisable within 60 days. Of these shares, the following shares are also includable in Section 13 reports by his brother, Maurice Marciano: 2,329,942 shares as a result of shared investment power over such shares, 1,739,187 shares as a result of Maurice Marciano's sole investment power over such shares and 334,666 shares as a result of Maurice Marciano's sole voting power over such shares. If the 2,904,158 of the shares included in this Schedule and includable in the Section 13 Reports by Maurice Marciano in which Paul Marciano holds no pecuniary interest are subtracted to eliminate double counting, Paul Marciano would be deemed to beneficially own 14.1% of such outstanding shares. As of November 28, 2012, there were 85,181,210 shares of Common Stock outstanding, as reported in the Quarterly Report on Form 10-Q of the Issuer for the quarter ended October 27, 2012.
(b) The 14,955,987 shares that may be deemed to be beneficially owned by Paul Marciano pursuant to Rule 13d-3 under the Securities Exchange Act of 1934, are held as follows:
Manner of Holding
Number of Shares
As sole trustee of Paul Marciano Trust
As investment director of Marciano Financial Holdings II, LLC and a fiduciary of certain members thereof
Sole as to 1,164,971 shares
(none as to remaining shares)
As investment director of NRG Capital Holdings, LLC and a fiduciary of a member thereof
Sole as to 395,425 shares
(none as to remaining shares)
As investment director of G Financial Holdings, LLC
As investment director of G Financial Holdings II, LLC
As distribution advisor of a member of Carolem Capital, LLC
As trustee of certain members of Next Step Capital LLC
As trustee of Next Step GRAT II
As trustee of Exempt Gift Trust under the Next Step Trust
As president of Paul Marciano Family Foundation
Options exercisable within 60 days
* Paul Marciano has a pecuniary interest in only 1,164,971 of these shares. Because investment power over all shares held by this entity is shared with his brother, Maurice Marciano, all of these shares also may be deemed to be beneficially owned by Maurice Marciano.
** Paul Marciano has no pecuniary interest in these shares. Because investment power over all shares held by this entity is held by his brother, Maurice Marciano, all of these shares may also be deemed to be beneficially owned by Maurice Marciano.
*** Paul Marciano has no pecuniary interest in these shares.
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 as of January 24, 2013
/s/ Paul Marciano