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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.
(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE PER SHARE
(Title of Class of Securities)
428565 10 5
(CUSIP Number)
(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 ("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. 428565 10 5
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
SK Equity Fund, L.P. (IRS ID No. 061312136)
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ X ]
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
-------------------------------------------------------------------------------
Number of 5. Sole Voting Power 1,938,871
Shares -------------------------------------------------------
Beneficially 6. Shared Voting Power 1,960,081
Owned by -------------------------------------------------------
Each Reporting 7. Sole Dispositive Power 1,938,871
Person With -------------------------------------------------------
8. Shared Dispositive Power 1,960,081
-------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,960,081
-------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
-------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 19.5%
-------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) PN
-------------------------------------------------------------------------------
CUSIP No. 428565 10 5
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
SK Investment Fund, L.P. (IRS ID No. 061408409)
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ X ]
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
-------------------------------------------------------------------------------
Number of 5. Sole Voting Power 21,210
Shares -------------------------------------------------------
Beneficially 6. Shared Voting Power 1,960,081
Owned by -------------------------------------------------------
Each Reporting 7. Sole Dispositive Power 21,210
Person With -------------------------------------------------------
8. Shared Dispositive Power 1,960,081
-------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,960,081
-------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
-------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 19.5%
-------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) PN
-------------------------------------------------------------------------------
CUSIP No. 428565 10 5
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
SKM Partners, L.P. (IRS ID No. 061301330)
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ X ]
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
-------------------------------------------------------------------------------
Number of 5. Sole Voting Power 0
Shares -------------------------------------------------------
Beneficially 6. Shared Voting Power 1,960,081
Owned by -------------------------------------------------------
Each Reporting 7. Sole Dispositive Power 0
Person With -------------------------------------------------------
8. Shared Dispositive Power 1,960,081
-------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,960,081
-------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
-------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 19.5%
-------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) PN
-------------------------------------------------------------------------------
CUSIP No. 428565 10 5
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Saunders Karp & Megrue Partners, L.L.C. (IRS ID No. 061535862)
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ X ]
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
-------------------------------------------------------------------------------
Number of 5. Sole Voting Power 0
Shares -------------------------------------------------------
Beneficially 6. Shared Voting Power 1,960,081
Owned by -------------------------------------------------------
Each Reporting 7. Sole Dispostivie Power 0
Person With -------------------------------------------------------
8. Shared Dispositive Power 1,960,081
-------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,960,081
-------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
-------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 19.5%
-------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) CO
-------------------------------------------------------------------------------
CUSIP No. 428565 10 5
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Thomas A. Saunders, III
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ X ]
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
-------------------------------------------------------------------------------
Number of 5. Sole Voting Power 0
Shares -------------------------------------------------------
Beneficially 6. Shared Voting Power 1,960,081
Owned by -------------------------------------------------------
Each Reporting 7. Sole Dispositive Power 0
Person With -------------------------------------------------------
8. Shared Dispositive Power 1,960,081
-------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,960,081
-------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
-------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 19.5%
-------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) IN
-------------------------------------------------------------------------------
CUSIP No. 428565 10 5
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Allan W. Karp
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ X ]
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
-------------------------------------------------------------------------------
Number of 5. Sole Voting Power 0
Shares -------------------------------------------------------
Beneficially 6. Shared Voting Power 1,960,081
Owned by -------------------------------------------------------
Each Reporting 7. Sole Dispostivie Power 0
Person With -------------------------------------------------------
8. Shared Dispostive Power 1,960,081
-------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,960,081
-------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
-------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 19.5%
-------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) IN
-------------------------------------------------------------------------------
CUSIP No. 428565 10 5
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
John F. Megrue, Jr.
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ X ]
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
-------------------------------------------------------------------------------
Number of 5. Sole Voting Power 9,000 *
Shares -------------------------------------------------------
Beneficially 6. Shared Voting Power 1,960,081
Owned by -------------------------------------------------------
Each Reporting 7. Sole Dispositive Power 9,000 *
Person With -------------------------------------------------------
8. Shared Dispositive Power 1,960,081
-------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,969,081 *
-------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
-------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 19.5%
-------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) IN
-------------------------------------------------------------------------------
* See Note 2 to Item 4 below.
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
Item 2(a) Name Of Person Filing:
This statement is filed on behalf of the persons identified in Item 4
below. Such persons previously filed Schedules 13G on February 22, 2002,
February 13, 2001, February 10, 2000, February 11, 1999 and February 26, 1998
with respect to the shares of common stock of the issuer. This Schedule 13G
shall supercede all such previously filed Schedules 13G. 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 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
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b).
Not Applicable
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 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
3,000 shares directly and 6,000 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
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 13, 2003
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/ Thomas A. Saunders, III
-----------------------------
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/ Thomas A. Saunders, III
----------------------------
Authorized Member
SKM PARTNERS, L.P.
By: Saunders Karp and Megrue
Partners, L.L.C., as
General Partner
By: /s/ Thomas A. Saunders, III
----------------------------
Authorized Member
SAUNDERS KARP & MEGRUE PARTNERS, L.L.C.
By: /s/ Thomas A. Saunders, III
----------------------------
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