------------------------------
OMB APPROVAL
------------------------------
OMBA Number: 3235-0145
Expires: October 31, 1994
Estimated average burden
hours per response . . . 14.90
------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3 )*
-------
HSN Inc. (Formerly,Silver King Communications, Inc.)
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
827740101
--------------------
(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 8 pages
- ----------------------- ---------------------
CUSIP NO. 827740101 13G PAGE 2 OF 8 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wanger Asset Management, L.P. 36-3820584
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not Applicable (b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
300,000
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
300,000
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
300,000
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
4.24%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IA
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
- ----------------------- ---------------------
CUSIP NO. 827740101 13G PAGE 3 OF 8 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wanger Asset Management, Ltd.
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not Applicable (b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
300,000
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
300,000
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
300,000
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
4.24%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
- ----------------------- ---------------------
CUSIP NO. 827740101 13G PAGE 4 OF 8 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ralph Wanger
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not Applicable (b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
U.S.A.
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
300,000
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
300,000
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
300,000
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
4.24%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Item 1(a) Name of Issuer:
HSN Inc. (formerly, Silver King Communications Inc.)
Item 1(b) Address of Issuer's Principal Executive Offices:
12425 28th Street North
St. Petersburg, Florida 33716
Item 2(a) Name of Person Filing:
Wanger Asset Management, L.P. ("WAM");
Wanger Asset Management Ltd., the general partner of WAM
("WAM LTD.");
Ralph Wanger ("Wanger")
Item 2(b) Address of Principal Business Office:
WAM, WAM LTD. and Wanger are all located at:
227 West Monroe Street, Suite 3000
Chicago, Illinois 60606
Item 2(c) Citizenship:
WAM is a Delaware limited partnership.
WAM LTD. is a Delaware corporation.
Wanger is a U.S. citizen.
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
827740101
Item 3 Type of Person:
(e) WAM is an Investment Adviser registered under section
203 of the Investment Advisers Act of 1940; WAM LTD. is the
General Partner of the Investment Adviser; Wanger is the
principal stockholder of the General Partner.
Item 4 Ownership (at December 31, 1996):
(a) Amount owned "beneficially" within the meaning of rule
13d-3:
300,000
Page 5 of 8 Pages
(b) Percent of class:
4.24%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none
(ii) shared power to vote or to direct the
vote: 300,000
(iii) sole power to dispose or to direct the
disposition of: none
(iv) shared power to dispose or to direct
disposition of: 300,000
WAM serves as investment adviser to Acorn Investment Trust,
Series Designated Acorn Fund (the "Trust"). Various of WAM's
limited partners and employees are also officers and
trustees of the Trust, but WAM does not consider the Trust
to be controlled by such persons. Although the Trust is not
controlled by WAM, pursuant to rule 13d-3(a) the 300,000
shares beneficially owned by the Trust, with respect to
which the Trust has delegated to WAM shared voting power and
shared dispositive power, are considered to be shares
beneficially owned by WAM by reason of such delegated
powers. In addition to the shares beneficially owned by the
Trust, other clients of WAM may own shares which are not
included in the aggregate number of shares reported herein
because WAM does not have or share voting or investment
power over those shares.
Item 5 Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of a class of
equity security, check the following (X)
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
The shares reported herein have been acquired on behalf of
discretionary clients of WAM. Persons other than WAM are
entitled to receive all dividends from, and proceeds from
the sale of, those shares.
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company:
Not Applicable
Item 8 Identification and Classification of Members of the Group:
Not Applicable
Item 9 Notice of Dissolution of Group:
Not Applicable
Item 10 Certification:
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities
Page 6 of 8 Pages
and were not acquired in connection with or as a participant in
any transaction having such purpose or effect.
Page 7 of 8 Pages
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.
Date: February 14, 1997
The undersigned corporation, on the date above written, agrees
and consents to the joint filing on its behalf of this Schedule
13G in connection with its beneficial ownership of the security
reported herein.
WANGER ASSET MANAGEMENT, LTD.
for itself and as general partner of
WANGER ASSET MANAGEMENT, L.P.
By: /s/ Bruce H. Lauer
--------------------
Bruce H. Lauer
Vice President
The undersigned individual, on the date above written, agrees and
consents to the joint filing on his behalf of this Schedule 13G
in connection with his beneficial ownership of the security
reported herein.
RALPH WANGER
/s/ Ralph Wanger
-------------------------------
Page 8 of 8 Pages
--------------------------
OMB APPROVAL
--------------------------
OMBA Number: 3235-0145
Expires: October 31, 1994
Estimated average burden
hours per response...14.90
--------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2 )*
-----------
Silver King Communications, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
827740101
------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [_]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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 8 pages
- ----------------------- ---------------------
CUSIP NO. 827740101 13G PAGE 2 OF 8 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wanger Asset Management, L.P. 36-3820584
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not Applicable (b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
400,000
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
400,000
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
400,000
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
5.73%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IA
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
- ----------------------- ---------------------
CUSIP NO. 827740101 13G PAGE 3 OF 8 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wanger Asset Management, Ltd.
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not Applicable (b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
400,000
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
400,000
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
400,000
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
5.73%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
- ----------------------- ---------------------
CUSIP NO. 827740101 13G PAGE 4 OF 8 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ralph Wanger
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not Applicable (b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
U.S.A.
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
400,000
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
400,000
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
400,000
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
5.73%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Item 1(a) Name of Issuer:
Silver King Communications Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
12425 28th Street North
St. Petersburg, Florida 33716
Item 2(a) Name of Person Filing:
Wanger Asset Management, L.P. ("WAM");
Wanger Asset Management Ltd., the general partner of
WAM ("WAM LTD.");
Ralph Wanger ("Wanger")
Item 2(b) Address of Principal Business Office:
WAM, WAM LTD. and Wanger are all located at:
227 West Monroe Street, Suit 3000
Chicago, Illinois 60606
Item 2(c) Citizenship:
WAM is a Delaware limited partnership.
WAM LTD. is a Delaware corporation.
Wanger is a U.S. citizen.
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
827740101
Item 3 Type of Person:
(e) WAM is an Investment Adviser registered under
section 203 of the Investment Advisers Act of 1940; WAM
LTD. is the General Partner of the Investment Adviser;
Wanger is the principal stockholder of the General
Partner.
Item 4 Ownership (at December 31, 1995):
--
(a) Amount owned "beneficially" within the meaning of
rule 13d-3:
400,000 shares
Page 5 of 8 pages
(b) Percent of class:
5.73% (based on 6,977,000 shares outstanding)
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none
(ii) shared power to vote or to direct the
vote: 400,000
(iii) sole power to dispose or to direct the
disposition of: none
(iv) shared power to dispose or to direct
disposition of: 400,000
WAM serves as investment adviser to Acorn Investment
Trust, Series Designated Acorn Fund (the "Trust").
Various of WAM's limited partners and employees are
also officers and trustees of the Trust, but WAM
does not consider the Trust to be controlled by such
persons. Although the Trust is not controlled by
WAM, pursuant to rule 13d-3(a) the 300,000 shares
beneficially owned by the Trust, with respect to
which the Trust has delegated to WAM shared voting
power and shared dispositive power, are considered
to be shares beneficially owned by WAM by reason of
such delegated powers. In addition to the shares
beneficially owned by the Trust, other clients of
WAM may own shares which are not included in the
aggregate number of shares reported herein because
WAM does not have or share voting or investment
power over those shares.
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:
The shares reported herein have been acquired on behalf
of discretionary clients of WAM. Persons other than WAM
are entitled to receive all dividends from, and
proceeds from the sale of, those shares.
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company:
Not Applicable
Item 8 Identification and Classification of Members of the Group:
Not Applicable
Page 6 of 8 pages
Item 9 Notice of Dissolution of Group:
Not Applicable
Item 10 Certification:
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purpose or effect.
Page 7 of 8 pages
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.
Date: February 9, 1996
The undersigned corporation, on the date above written,
agrees and consents to the joint filing on its behalf of
this Schedule 13G in connection with its beneficial
ownership of the security reported herein.
WANGER ASSET MANAGEMENT, LTD.
for itself and as general partner of
WANGER ASSET MANAGEMENT, L.P.
By: /s/ Robert M. Slotky
--------------------------------------
Robert M. Slotky
Chief Financial Officer
The undersigned individual, on the date above written,
agrees and consents to the joint filing on his behalf of
this Schedule 13G in connection with his beneficial
ownership of the security reported herein.
RALPH WANGER
/s/ Ralph Wanger
------------------------------------
Page 8 of 8 pages
------------------------------
OMB APPROVAL
------------------------------
OMB Number: 3235-0145
Expires: October 31, 1994
Estimated average burden
hours per form ..........14.90
------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
------
Silver King Communications, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
827740141
-----------------------------------------
(CUSIP Number)
Woon-Wah Siu, Bell, Boyd & Lloyd
70 West Madison Street, Suite 3300
Chicago, Illinois 60602 Tel: (312) 372-1121
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
August 3, 1995
--------------------------------------------------------------
(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [_].
Check the following box if a fee is being paid with the statement [_]. (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1: and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) 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).
- ----------------------- -----------------------
CUSIP NO. 827740141 13D PAGE 2 OF 4 PAGES
- ----------------------- -----------------------
- --------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ralph Wanger
- --------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not Applicable (b) [_]
- --------------------------------------------------------------------------------
SEC USE ONLY
3
- --------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
Not Applicable
- --------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) [_]
5
Not Applicable
- --------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
U.S.
- --------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0
SHARES -------------------------------------------------------------
BENEFICIALLY 8
800,000
OWNED BY
-------------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0
PERSON -------------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
800,000
- --------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
800,000
- --------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_]
12
- --------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
8.99%
- --------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 2 of 7
This Amendment No. 1 relates to the Schedule 1D filed immediately prior to
the filing of this Amendment by Ralph Wanger ("Wanger"), with respect to the
shares of Common Stock (the "Shares") of Silver King Communications, Inc. (the
"Schedule 13D"). All terms used herein, unless otherwise defined, shall have the
same meaning as in the Schedule 13D. This Amendment supplements the Schedule 13D
and should be read in conjunction therewith.
Item 4. Purpose of Transaction.
- ------
On January 4, 1995, WAM purchased 7,500 Shares in the open market in
the ordinary course of business.
Between July 14, 1995 and August 3, 1995, Squirrel sold 125,000 Shares
in the open market in the ordinary course of business.
In July, 1995, WAM sold 40,000 Shares in the open market in the
ordinary course of business.
Item 5. Interest in Securities of the Issuer.
- ------
At August 3, 1995, after accounting for the transactions reported in
Item 4, Wanger owned "beneficially" within the meaning of rule 13d-3: 800,000
Shares or 8.99% of the class (based on 8,899,000 Shares outstanding), over which
he had shared voting and investment power. All of such Shares were
"beneficially" owned by WAM, which is eligible to use Schedule 13G. Because
beneficial ownership of the 800,000 Shares is attributable to Wanger solely by
virtue of his control over WAM, which is eligible to use Schedule 13G, Wanger is
filing this Amendment to Schedule 13D as an exit filing.
Item 6. Contracts, Arrangements, Understanding or Relationships with Respect
- ------
to Securities of the Issuer.
Not Applicable.
Item 7. Material to be Filed as Exhibits.
- ------
Not Applicable.
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.
Date: December 8, 1995.
RALPH WANGER
/s/ Ralph Wanger
----------------------------
------------------------------
OMB APPROVAL
------------------------------
OMB Number: 3235-0145
Expires: October 31, 1994
Estimated average burden
hours per form.......... 14.90
------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No.________)*
Silver King Communications, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
827740141
-----------------------------------------
(CUSIP Number)
Woon-Wah Siu, Bell, Boyd & Lloyd
70 West Madison Street, Suite 3300
Chicago, Illinois 60602 Tel: (312) 372-1121
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
October 17, 1994
--------------------------------------------------------------
(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [_].
Check the following box if a fee is being paid with the statement [X]. (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1: and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) 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).
- ----------------------- ----------------------
CUSIP NO. 827740141 13D PAGE 2 OF 5 PAGES
- ----------------------- ----------------------
- -------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ralph Wanger
- -------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not Applicable (b) [_]
- -------------------------------------------------------------------------------
SEC USE ONLY
3
- -------------------------------------------------------------------------------
SOURCE OF FUNDS
4
Not Applicable
- -------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
5 Not Applicable
- -------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
U.S.
- -------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0
SHARES ------------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
957,500
OWNED BY
------------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0
PERSON ------------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
957,500
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11 957,500 (as of December 31, 1994)
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_]
12
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13 10.76% (as of December 31, 1994)
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TYPE OF REPORTING PERSON*
14 IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Item 1. Security and Issuer
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This Statement relates to shares of Common Stock (the "Shares") of
Silver King Communications, Inc., 12425 - 28th Street North, St. Petersburg,
Florida 33716.
Item 2. Identify and Background.
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There is set forth hereafter information with respect to the person
filing this Statement:
(a) Name: Ralph Wanger ("Wanger")
(b) Country of Citizenship: U.S.
(c) Principal Business: Investment Advisor, Wanger is (i) a general
partner of Flying Squirrel Management, L.P., which is the general
partner of Flying Squirrel Fund L.P. ("Squirrel"), and (ii) the
principal stockholder of Wanger Asset Management Ltd., ("WAM
LTD") which is the general partner of Wanger Asset Management
L.P. ("WAM"), an Investment Adviser registered under Section 203
of the Investment Advisers Act of 1940.
(d) Address of Principal Office:
227 West Monroe Street, Suite 3000
Chicago, Illinois 60606
(e) The undersigned reporting person has never been convicted in a
criminal proceeding or been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction as a
result of which it is or was subject to a judgement, decree or
final order enjoining future violations of or prohibiting or
mandating activities subject to federal or state securities laws.
Item 3. Source and Amount of Funds or Other Consideration.
- ------
Not Applicable.
Item 4. Purpose of Transaction.
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WAM serves as investment adviser to Acorn Investment Trust, Series
Designated Acorn Fund (the "Trust"). Various of WAM's limited partners and
employees are also officers and trustees of the Trust, but WAM does not consider
the Trust to be controlled by such persons. Although the Trust is not controlled
by WAM, pursuant to rule 13d-3(a), shares beneficially owned by the Trust, with
respect to which the Trust has delegated to WAM shared voting power and shared
dispositive power, are considered to be shares beneficially owned by WAM by
reason of such delegated powers. For purposes of rule 13d-3, shares beneficially
owned by the Trust are also considered to be shares beneficially owned by Wanger
by virtue of his control over WAM LTD, which is the general partner of WAM. At
December 31, 1994, WAM beneficially owned 832,500 Shares or 9.35% of the class.
WAM, WAM LTD and Wanger reported ownership of
such Shares on Schedule 13G filed on February 10, 1995. In addition to the
Shares beneficially owned by the Trust, other clients of WAM may own Shares
which are not included in the aggregate number of Shares reported herein because
WAM does not have or share voting or investment power over those Shares.
On October 17, 1994, Squirrel became the beneficial owner of Shares
equal to more than one percent of the class. For purposes of rule 13d-3, shares
beneficially owned by Squirrel are considered to be beneficially owned by Wanger
by virtue of fact that he is a general partner of the general partner of
Squirrel. Squirrel is not eligible to use Schedule 13G. Wanger, therefore, is
filing this Statement on Schedule 13D to reflect that he was deemed to
beneficially own Shares beneficially owned by Squirrel, in addition to the
Shares beneficially owned by WAM.
The Shares referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and have the effect of
changing or influencing the control of the issuer of such Shares and were not
acquired in connection with or as a participant in any transaction having such
purpose or effect.
Squirrel sold all of the Shares it owned by August 3, 1995. Wanger
intends to make an exit filing immediately following the filing of this Schedule
13D.
Item 5. Interest in Securities of the Issuer
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At October 17, 1994, Wanger owned "beneficially" within the meaning of
rule 13d-3: 781,000 Shares (of which 682,700 Shares were "beneficially" owned
by WAM and 98,300 were "beneficially" owned by Squirrel), representing 8.78% of
the class (based on 8,899,000 Shares outstanding), over all of which Wanger had
shared voting and investment power.
At December 31 1994, Wanger owned "beneficially" within the meaning of
rule 13d-3: 957,500 Shares (of which 832,500 Shares were "beneficially" owned by
WAM and 125,000 were "beneficially" owned by Squirrel), representing 10.76% of
the class (based on 8,899,000 Shares outstanding), over all of which Wanger had
shared voting and investment power.
Item 6. Contracts, Arrangements, Understanding or Relationships with Respect
- ------
to Securities of the Issuer.
Not Applicable.
Item 7. Material to be Filed as Exhibits.
- ------
Not Applicable.
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.
Date: December 8, 1995.
RALPH WANGER
/s/ Ralph Wanger
-------------------------------