SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Select Comfort Corporation
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
81616X103
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(CUSIP Number)
June 6, 2001
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
|_| Rule 13d-1(b)
|_| Rule 13d-1(c)
|X| Rule 13d-1(d)
*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 ("Exchange 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).
NY2:\1120578\02\_0N602!.DOC\47660.1297
Page 1
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CUSIP No. 81616X103 13G Page 2
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Electric Capital Corporation, a Delaware corporation
13-1500700
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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, USA
---------------------------- ----------- ------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
135,000 (comprised of a warrant to acquire 135,000 shares)
NUMBER OF
SHARES ----------- ------------------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING ----------- ------------------------------------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
135,000 (comprised of a warrant to acquire 135,000 shares)
----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
---------------------------- ----------- ------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
135,000 (comprised of a warrant to acquire 135,000 shares)
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
.74%
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12 TYPE OF REPORTING PERSON
CO
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Page 2
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CUSIP No. 81616X103 13G Page 3
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Electric Capital Services, Inc., a Delaware corporation
06-1109503
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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, USA
---------------------------- ----------- ------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
Disclaimed (see 9 below)
NUMBER OF
SHARES ----------- ------------------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING ----------- ------------------------------------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
Disclaimed (see 9 below)
----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
---------------------------- ----------- ------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Beneficial ownership of all shares disclaimed by General Electric Capital Services, Inc.
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Not applicable (see 9 above)
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12 TYPE OF REPORTING PERSON
CO
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Page 3
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CUSIP No. 81616X103 13G Page 4
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Electric Company, a New York corporation
14-0689340
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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
New York, USA
---------------------------- ----------- ------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
Disclaimed (see 9 below)
NUMBER OF
SHARES ----------- ------------------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING ----------- ------------------------------------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
Disclaimed (see 9 below)
----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
---------------------------- ----------- ------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Beneficial ownership of all shares disclaimed by General Electric Company
-------------- --------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Not applicable (see 9 above)
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12 TYPE OF REPORTING PERSON
CO
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 4
This Amendment No. 1 amends the Schedule 13G filed February 12, 1999
and is filed by General Electric Capital Corporation ("GE Capital"), General
Electric Capital Services, Inc. ("GECS") and General Electric Company ("GE")
with respect to the common stock, par value $.01 per share (the "Common Stock"),
of Select Comfort Corporation, a Minnesota corporation (the "Issuer"). The
agreement among each of GE Capital, GECS and GE that this statement be filed on
behalf of each of them is attached hereto as Exhibit A.
Item 4. Ownership.
(a)-(c) The response of GE Capital, GECS and GE to Items 5, 7, 9 and 11
of each of their respective Cover Sheets which relate to the beneficial
ownership of the Common Stock of the Issuer is incorporated herein by reference.
Each of GE Capital, GECS and GE hereby expressly disclaims the
beneficial ownership of any Common Stock of the Issuer over which it does not
have sole dispositive power.
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 the class of securities, check the following
Page 5
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.
Dated: February 12, 2002
GENERAL ELECTRIC CAPITAL CORPORATION
By: /s/ Barbara J. Gould
--------------------------------------
Name: Barbara J. Gould
Title: Department Operations Manager
Page 6
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.
Dated: February 12, 2002
GENERAL ELECTRIC CAPITAL SERVICES, INC.
By: /s/ Barbara J. Gould
----------------------------------
Name: Barbara J. Gould
Title: Attorney in Fact*
*Power of attorney, dated as of February 22, 2000, by General Electric Capital
Services, Inc., is hereby incorporated by reference to Schedule 13D for Luxtec
Corporation, filed March 12, 2001 by GE Capital Equity Investments, Inc.
Page 7
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.
Dated: February 12, 2002
GENERAL ELECTRIC COMPANY
By: /s/ Barbara J. Gould
---------------------------------
Name: Barbara J. Gould
Title: Attorney in Fact*
*Power of attorney, dated as of February 22, 2000, by General Electric Company,
is hereby incorporated by reference to Schedule 13D for Luxtec Corporation,
filed March 12, 2001 by GE Capital Equity Investments, Inc.
Page 8
EXHIBIT INDEX
Exhibit Description
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A Joint Filing Agreement, dated February 12, 2002,
among GE Capital, GECS and GE to file joint
statement on Schedule 13G.
Page 9