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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
(Rule 13d-102)
Information to be Included in Statements Filed Pursuant to § 240.13d-1(b), (c) and (d)
and Amendments Thereto Filed Pursuant to § 240.13d-2
Under the Securities Exchange Act of 1934
(Amendment No. 7)
Dicks Sporting Goods, Inc.
(Name of Issuer)
Common Stock, par value $.01 per share
(Title of Class of Securities)
253393102
(CUSIP Number)
February 16, 2010
(Date of Event Which Require Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o Rule 13d-1(b)
o Rule 13d-1(c)
þ Rule 13d-1(d)
The remainder of this cover page shall be filled out for a reporting persons 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).
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CUSIP No. |
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253393102 |
SCHEDULE 13G/A |
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5 |
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1. |
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NAMES OF REPORTING PERSON
Edward W. Stack |
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) o |
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(b) o |
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3. |
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SEC USE ONLY |
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4. |
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CITIZENSHIP OR PLACE OF ORGANIZATION: |
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Pennsylvania |
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5. |
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SOLE VOTING POWER |
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NUMBER OF |
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28,070,4971 |
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SHARES |
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SHARED VOTING POWER |
BENEFICIALLY |
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OWNED BY |
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0 |
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EACH |
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SOLE DISPOSITIVE POWER |
REPORTING |
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PERSON |
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20,904,9532 |
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WITH |
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SHARED DISPOSITIVE POWER |
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3 |
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9. |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
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Edward W. Stack 28,070,4971, 2 |
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10. |
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |
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Not Applicable.
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11. |
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 |
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24.0% |
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12. |
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) |
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IN |
1 Represents 113,949
shares of common stock and 18,621,808 shares of Class B common stock
beneficially owned by Mr. Stack, 243,800 shares of common stock and 4,000,000
shares of Class B common stock, for which Mr. Stack maintains sole voting, but not
dispositive power (see footnote 2), 10,940 shares of common stock held by Mr. Stacks children,
for which Mr. Stack disclaims beneficial ownership, and 5,080,000 shares of common stock subject to
options that are currently exercisable, or that will become exercisable, within 60 days of December 31, 2009.
Each share of Class B
common stock is convertible into a share of common stock at any time at the option of the
holder. The Class B common stock is also automatically convertible into common stock under certain circumstances.
Holders of Class B common stock are entitled to 10 votes for each share of Class B common stock held of record on
all matters submitted to a vote of stockholders, including election of directors. For a full description of the
rights of the Class B common stock see Description of Capital Stock in Dicks
Sporting Goods, Inc.s Registration Statement, as amended, on Form S-1 (File No. 333-96587).
2 Edward W. Stack maintains
sole voting power, but not dispositive power, with respect to 243,800 shares of common stock
held by Richard T. Stack. Pursuant to the terms of a Memorandum of Understanding dated March 2, 2009
(MOU) and Voting Agreement and Proxy dated October 13, 2009 (Voting Agreement), Mr. Stack has sole voting
power, but not dispositive power, with respect to 4,000,000 shares of Class B common stock owned by Mr. Stacks
former spouse. Edward W. Stack also owns 59,244 shares of restricted common stock, 23,694 shares of which vest
in March of 2011 and 35,550 shares vest March 2012. Until the shares of restricted stock vest, they may be voted,
but may not be sold or otherwise transferred. Pursuant to the terms of the MOU and Voting Agreement, Mr. Stacks
former spouse is also entitled to receive the economic benefit with respect to stock options exercisable for 2,862,500
shares of common stock (the number of shares would be equitably adjusted for any stock split, recapitalization or
similar event), which includes the right to request the exercise and/or sale of such stock options in accordance
with the Companys applicable policies, Section 16(b) limitations and the terms of the MOU and Voting Agreement.
Mr. Stack maintains voting power with respect to any such stock underlying these options when such option is exercised.
3 On December 4, 2007, Mr. Stack
amended an option held by his brother Martin Stack. The option, as amended, is exercisable
beginning December 2, 2009, and for thirty-six months thereafter, for 759,800 shares of common stock.
The option is exercisable at 75% of the then per share market price on the date of exercise. Market price
means the mean between the high and low prices of the common stock on the national securities exchange on
the day on which the option is exercised, if the common stock is then being traded on a national securities exchange,
and if the common stock is then being traded on such an exchange but there are no sales on such day, the market price
shall be deemed to be the mean between the high and low prices of the common stock on the national securities exchange
on the day on which the most recent sales occurred prior to the date of exercise; and if the common stock is not then
traded on such an exchange, then the market price shall be deemed to be the mean between the high and low bid and asked
prices for the common stock on the over-the-counter market on the day on which the option is exercised.
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Schedule 13G/A
Under the Securities Exchange Act of 1934
Item 1(a) Name of Issuer:
Dicks Sporting Goods, Inc.
Item 1(b) Address of Issuers Principal Executive Offices:
345 Court St.
Coraopolis, PA 15108
Item 2(a). Name of Person Filing:
Item 2(b). Address of Principal Business Office or, if None, Residence:
c/o Dicks Sporting Goods, Inc.
345 Court St.
Coraopolis, PA 15108
Item 2(c). Citizenship:
United States Citizen
Item 2(d). Title of Class of Securities: Common Stock, par value $.01 per share. Mr. Stack also
is the beneficial owner of Class B common stock, see footnotes 1 and 2.
Item 2(e). CUSIP Number: 253393102
Item 3. If this statement is being filed pursuant to §§ 240.13d-1(b) or 240,13d-2(b) or (c), check
whether the person filing is a: Not applicable.
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(a)
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Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); |
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(b)
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Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); |
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(c)
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Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); |
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(d)
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Investment company registered under Section 8 of the Investment Company
Act of 1940 (15 U.S.C. 80a-8); |
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(e)
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An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); |
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(f)
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An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); |
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(g)
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A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); |
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(h)
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A savings association as defined in Section 3(b) of the Federal Deposit
Insurance Act (12 U.S.C. 1813); |
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(i)
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A church plan that is excluded from the definition of an investment
company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); |
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(j)
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A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); |
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(k)
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Group, in accordance with § 240.13d-1(b)(1)(ii)(K). |
If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
Item 4. Ownership
Provide the following information regarding the aggregate number and percentage of the class of
securities of the issuer identified in Item 1.
Item 4(a) Amount beneficially owned:
Edward W. Stack 28,070,4971
Item 4(b) Percent of class: 24.0%
Item 4(c) Number of shares as to which such person has:
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(i) Sole power to vote or to direct the vote: |
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28,070,497 |
1, 2 |
(ii) Shared power to vote or to direct the vote: |
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0 |
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(iii) Sole power to dispose or to direct the disposition of: |
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20,904,953 |
2 |
(iv) Shared power to dispose or to direct the disposition of: |
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3 |
1 Represents 113,949 shares of common stock and 18,621,808 shares of Class B common
stock beneficially owned by Mr. Stack, 243,800 shares of common stock and 4,000,000 shares of Class
B common stock, for which Mr. Stack maintains sole voting, but not dispositive power (see footnote
2), 10,940 shares of common stock held by Mr. Stacks children, for which Mr. Stack disclaims
beneficial ownership, and 5,080,000 shares of common stock subject to options that are currently
exercisable, or that will become exercisable, within 60 days of December 31, 2009.
Each share of Class B common stock is convertible into a share of common stock at any time at the
option of the holder. The Class B common stock is also automatically convertible into common stock
under certain circumstances. Holders of Class B common stock are entitled to 10 votes for each
share of Class B common stock held of record on all matters submitted to a vote of stockholders,
including election of directors. For a full description of the rights of the Class B common stock
see Description of Capital Stock in Dicks Sporting Goods, Inc.s Registration Statement, as
amended, on Form S-1 (File No. 333-96587).
2 Edward W. Stack maintains sole voting power, but not dispositive power, with respect
to 243,800 shares of common stock held by Richard T. Stack, and 4,000,000 shares of Class B common
stock owned by Mr. Stacks former spouse in accordance with the terms of the MOU and Voting
Agreement. Edward W. Stack also owns 59,244 shares of restricted common stock of which 23,694
shares vest in March of 2011 and 35,550 shares vest in March of 2012. Until the shares of
restricted stock vest, they may be voted, but may not be sold or otherwise transferred. Pursuant
to the terms of the MOU and Voting Agreement, Mr. Stacks former spouse is also entitled to receive
the economic benefit with respect to stock options exercisable for 2,862,500 shares of common stock
(the number of shares would be equitably adjusted for any stock split, recapitalization or similar
event), which includes the right to request the exercise and/or sale of such stock options in
accordance with the Companys applicable policies, Section 16(b) limitations and the terms of the
MOU and Voting Agreement. Mr. Stack maintains voting power with respect to any such stock
underlying these options when such option is exercised.
3 On December 4, 2007, Mr. Stack amended an option held by his brother Martin Stack.
The option, as amended, is exercisable beginning December 2, 2009, and for thirty-six months
thereafter, for 759,800 shares of common stock. The option is exercisable at 75% of the then per
share market price on the date of exercise. Market price means the mean between the high and low
prices of the common stock on the national securities exchange on the day on which the option is
exercised, if the common stock is then being traded on a national securities exchange, and if the
common stock is then being traded on such an exchange but there are no sales on such day, the
market price shall be deemed to be the mean between the high and low prices of the common stock on
the national securities exchange on the day on which the most recent sales occurred prior to the
date of exercise; and if the common stock is not then traded on such an exchange, then the
market price shall be deemed to be the mean between the high and low bid and asked prices for the
common stock on the over-the-counter market on the day on which the option is exercised.
Item 5. Ownership of Five Percent or Less of a Class.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable.
Item 7. Identification and Classification of Subsidiary Which Acquired the Security Being Reported
on by the Parent Holding Company or Control Person.
Not Applicable.
Item 8. Identification and Classification of Members of the Group.
Not Applicable.
Item 9. Notice of Dissolution of the Group.
Not Applicable.
Item 10. Certifications.
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.
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Date: February 16, 2010 |
By: |
/s/ Edward W. Stack
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Edward W. Stack |
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