UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No._____)*
Hibbett Sporting Goods, Inc.
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(Name of Issuer)
Common Stock, $ .01 par value per share
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(Title of Class of Securities)
428565 10 5
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(CUSIP Number)
*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).
Page 1 of 11
CUSIP No. 428565 10 5 13G
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The SK Equity Fund, L. P. (IRS ID No. 061312136)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
2,459,812
-------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES 2,486,721
BENEFICIALLY
OWNED BY
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 2,459,812
PERSON
WITH
-------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,486,721
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,486,721
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [_]
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
37.6%
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12 TYPE OF REPORTING PERSON
PN
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Page 2 of 11
CUSIP No. 428565 10 5 13G
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--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SK Investment Fund, L. P. (IRS ID No. 061408409)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
26,909
-------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES 2,486,721
BENEFICIALLY
OWNED BY
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 26,909
PERSON
WITH
-------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,486,721
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,486,721
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [_]
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
37.6%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
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Page 3 of 11
CUSIP No. 428565 10 5 13G
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--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SKM Partners, L. P. (IRS ID No. 061301330)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
0
-------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES 2,486,721
BENEFICIALLY
OWNED BY
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON
WITH
-------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,486,721
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,486,721
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [_]
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
37.6%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
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Page 4 of 11
CUSIP No. 428565 10 5 13G
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Saunders Karp & Megrue Partners, L.L.C. (IRS ID No. 061535862)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
0
-------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES 2,486,721
BENEFICIALLY
OWNED BY
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON
WITH
-------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,486,721
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,486,721
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [_]
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
37.6%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
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Page 5 of 11
CUSIP No. 428565 10 5 13G
-----------
------------ -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thomas A. Saunders, III
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
0
-------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES 2,486,721
BENEFICIALLY
OWNED BY
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON
WITH
-------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,486,721
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,486,721
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [_]
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
37.6%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
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Page 6 of 11
CUSIP No. 428565 10 5 13G
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--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Allan W. Karp
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
-------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES 2,486,721
BENEFICIALLY
OWNED BY
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON
WITH
-------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,486,721
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,486,721
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [_]
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
37.6%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
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Page 7 of 11
13G
CUSIP No. 428565 10 5
-----------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John F. Megrue, Jr.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
6,000 *
-------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES 2,492,721 *
BENEFICIALLY
OWNED BY
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 6,000 *
PERSON
WITH
-------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,492,721 *
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,492,721 *
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [_]
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
37.7%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
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* See Note 2 to Item 4 below
Page 8 of 11
Item 1(a) Name Of Issuer:
Hibbett Sporting Goods, Inc. (the "Company")
---------------------------------------------
Item 1(b) Address Of Issuer's Principal Executive Offices:
451 Industrial Lane, Birmingham, Alabama 35211
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Item 2(a) Name Of Person Filing:
This statement is filed on behalf of the persons identified in
Item 4 below. In accordance with Rule 13d-1(f) (1) under the
Securities Exchange Act of 1934, as amended (the "Exchange
Act"), each person filing this statement acknowledges that he
is responsible for the completeness and accuracy of the
information contained herein concerning that person, but is
not responsible for the completeness or accuracy of the
information concerning the other persons making the filing,
unless such person knows or has reason to believe that such
information is inaccurate.
Item 2(b) Address Of Principal Business Office Or, If None, Residence:
For The SK Equity Fund, L.P., SK Investment Fund, L.P.,
SKM Partners, L.P., Saunders Karp & Megrue Partners, L.L.C.,
Thomas A. Saunders, III, Allan W. Karp and John F. Megrue,
Jr.:
262 Harbor Drive
Fourth Floor
Stamford, CT 06902
Item 2(c) Citizenship:
Each of the persons filing this statement is a United States
citizen or an organization created or governed under the laws
of the State of Delaware.
Item 2(d) Title Of Class Of Securities:
This statement relates to the Company's common stock, par
value $.01 per share (the "Common Stock").
Item 2(e) CUSIP Number:
428565 10 5
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Item 3 If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b).
Not Applicable
Page 9 of 11
Item 4 Ownership:
Incorporated by reference to Items (5) - (9) and (11) of the
cover page pertaining to each reporting person.
Note 1: SKM Partners, L.P. (the "General Partner") is the
general partner of each of The SK Equity Fund, L.P. and the SK
Investment Fund, L.P. (the "Funds"). Saunders Karp & Megrue
Partners, L.L.C. (the "LLC"), is the general partner of the
General Partner and Messrs. Saunders, Karp and Megrue are
authorized members of the LLC, and Messrs. Saunders, Karp and
Megrue may be deemed to have shared power to vote or direct
the vote and to dispose or direct the disposition of all
shares owned by the Funds.
Note 2: In addition to the above mentioned ownership, Mr.
Megrue holds 2,000 shares directly and 4,000 shares
custodially for his sons.
Item 5 Ownership Of Five Percent Or Less Of A Class:
Not Applicable
Item 6 Ownership Of More Than Five Percent On Behalf Of Another
Person:
Not Applicable
Item 7 Identification And Classification Of The Subsidiary Which
Acquired The Security Being Reported On By The Parent Company:
Not Applicable
Item 8 Identification And Classification Of Members Of The Group:
See Item 4 above
Item 9 Notice Of Dissolution Of Group:
Not Applicable
Item 10 Certification:
Not Applicable
Page 10 of 11
SIGNATURES
After reasonable inquiry and to the best knowledge and belief of each
of the undersigned, each of the undersigned certifies that the information set
forth in this statement is true, complete and correct.
Dated: February 20, 2002
THE SK EQUITY FUND, L.P.
By: SKM Partners, L.P., as
General Partner
By: Saunders Karp and Megrue
Partners, L.L.C., as
General Partner
By: /s/ Allan W. Karp
-------------------
Authorized Member
SK INVESTMENT FUND, L.P.
By: SKM Partners, L.P., as
General Partner
By: Saunders Karp and Megrue
Partners, L.L.C., as
General Partner
By: /s/ Allan W. Karp
-----------------
Authorized Member
SKM PARTNERS, L.P.
By: Saunders Karp and Megrue
Partners, L.L.C., as
General Partner
By: /s/ Allan W. Karp
-----------------
Authorized Member
SAUNDERS KARP & MEGRUE PARTNERS, L.L.C.
By: /s/ Allan W. Karp
-----------------
Authorized Member
By: /s/ Thomas A. Saunders, III
---------------------------
Thomas A. Saunders, III
/s/ John F. Megrue, Jr.
-----------------------
John F. Megrue, Jr.
/s/ Allan W. Karp
-----------------
Allan W. Karp
Page 11 of 11