UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

 

SCHEDULE 13D

 

 

Under the Securities Exchange Act of 1934
(Amendment No. 5)*

 

FOSSIL, INC.

(Name of Issuer)

 

Common Stock, Par Value $0.01 Per Share

(Title of Class of Securities)

 

349882100

(CUSIP Number)

 

Tom Kartsotis

Fossil, Inc.

2280 N. Greenville Avenue

Richardson, Texas 75082

(972) 234-2525

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

April 24, 2009

(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 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.   349882100

 

 

1.

Names of Reporting Persons
Tom Kartsotis

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO/PF

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
United States

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
6,503,301(1)

 

8.

Shared Voting Power
596,468(2)

 

9.

Sole Dispositive Power
6,503,301(1)

 

10.

Shared Dispositive Power
596,468(2)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
7,099,769(1)(2)

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
10.7%(3)

 

 

14.

Type of Reporting Person (See Instructions)
IN

 


(1) Includes 63,521 shares owned by Mr. Kartsotis as custodian for Annie Grace Kartsotis and Jack Kosta Kartsotis, both minors, 2,666,667 shares pledged as collateral to secure a revolving line of credit being extended by JPMorgan Chase Bank, N.A. to Mr. Kartsotis and 2,052,000 shares pledged as collateral to secure a revolving line of credit being extended by SunTrust Bank to Mr. Kartsotis.

(2) Comprised of 3,450 shares owned by Lynne Kartsotis, wife of Tom Kartsotis, as to which Mr. Kartsotis disclaims beneficial ownership, and 593,018 shares owned jointly by Mr. and Mrs. Kartsotis.

(3) Based on 66,628,696 shares issued and outstanding as of March 27, 2009.

 

2



 

Item 1.

Security and Issuer.

This Amendment No. 5 to Schedule 13D is filed to amend the Schedule 13D relating to the common stock, par value $0.01 per share (the “Common Stock”), of Fossil, Inc., a Delaware corporation (the “Issuer” or “Company”) filed February 17, 2009, as amended and/or supplemented by Amendment No. 1 thereto filed March 6, 2009, Amendment No. 2 thereto filed March 19, 2009, Amendment No. 3 thereto filed March 25, 2009 and Amendment No. 4 thereto filed April 14, 2009 (as amended, the “Schedule 13D”).  This Amendment No. 5 is filed to disclose a decrease in the percentage of the Common Stock that may be deemed to be beneficially owned by Mr. Kartsotis.  Each capitalized term used and not defined herein shall have the meaning assigned to such term in the Schedule 13D.  Except as otherwise provided herein, each Item of the Schedule 13D remains unchanged. 

 

 

Item 5.

Interest in Securities of the Issuer.

(c)  Transactions in shares of Common Stock of the Issuer effected by Tom Kartsotis since the most recent filing on Schedule 13D consist of the following transactions:

 

Transaction
Date

 

Shares
Acquired

 

Shares
Disposed

 

Price
Per Share

 

Description
of Transaction

 

April 24, 2009

 

0

 

78,000

 

19.7195

(1)

Open market sale

 

April 23, 2009

 

0

 

100,000

 

19.2047

(1)

Open market sale

 

April 22, 2009

 

0

 

50,000

 

19.1804

(1)

Open market sale

 

April 21, 2009

 

0

 

98,482

 

18.1006

(1)

Open market sale

 

April 20, 2009

 

0

 

25,000

 

17.4288

(1)

Open market sale

 

April 17, 2009

 

0

 

55,500

 

18.2041

(1)

Open market sale

 

April 17, 2009

 

0

 

50,500

 

18.0580

(1)

Open market sale

 

April 16, 2009

 

0

 

130,000

 

17.9109

(1)

Open market sale

 

April 15, 2009

 

0

 

35,000

 

17.4073

(1)

Open market sale

 

April 14, 2009

 

0

 

50,000

 

18.0841

(1)

Open market sale

 

 


1.     Excluding commissions of $0.05 per share.

 

3



 

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: May 5, 2009

 

 

TOM KARTSOTIS

 

 

 

By:

/s/ Tom Kartsotis

 

Name:

Tom Kartsotis

 

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