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OMB APPROVAL
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OMB NUMBER: 3235-0145
EXPIRES: AUGUST 31, 1999
ESTIMATED AVERAGE BURDEN
HOURS PER RESPONSE....14.90
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)*
HAIN FOOD GROUP, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
405219106
- --------------------------------------------------------------------------------
(CUSIP Number)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
CHERYL SOROKIN, EXECUTIVE VICE PRESIDENT AND SECRETARY
BANKAMERICA CORPORATION, CORPORATE SECRETARY'S OFFICE #13018
555 CALIFORNIA STREET, SAN
FRANCISCO, CA 94104
(415) 622-3530
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
1/15/98
- --------------------------------------------------------------------------------
(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 [___].
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. 405219106
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robertson, Stephens & Company Investment Management, L.P.
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
oo
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 328,900 shares (Includes shares held by
OWNED BY The Robertson Stephens Orphan Fund of which Robertson,
EACH Stephens & Company Investment Management, L.P. and Bayview
REPORTING Investors, Ltd. are the general partners. Robertson Stephens
PERSON Investment Management Co. is general partner of Robertson,
WITH Stephens & Company Investment Management, L.P. includes shares
held by The Robertson Stephens Orphan Offshore Fund, L.P. of
which Robertson, Stephens & Company Investment Management,
L.P. is general partner. Includes shares held by The Robertson
Stephens Global Low-Priced Stock Fund of which Robertson,
Stephens & Company Investment Management, L.P. is investment
adviser. See Item 5.)
------------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
0
------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
328,900
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
328,900
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.8%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
IA
- --------------------------------------------------------------------------------
2
CUSIP No. 405219106
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bayview Holdings, Inc.
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
oo
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 200,000 shares (Includes shares held by
OWNED BY The Robertson Stephens Orphan Fund of which Robertson,
EACH Stephens & Company Investment Management, L.P. and Bayview
REPORTING Investors, Ltd. are the general partners. Bayview Holdings,
PERSON Inc. is managing member of Robertson, Stephens & Company
WITH Private Equity Holdings, Inc. is managing member of Robertson,
Stephens & Company Private Equity Group, L.L.C. which is
general partner of Bayview Investors, Ltd. See Item 5.)
------------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
0
------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
200,000
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
200,000
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.3%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
3
CUSIP No. 405219106
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robertson Stephens Investment Management Co.
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
oo
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 328,900 shares (Includes shares held by
OWNED BY The Robertson Stephens Orphan Fund of which Robertson,
EACH Stephens & Company Investment Management, L.P. and Bayview
REPORTING Investors, Ltd. are the general partners. Bayview Holdings,
PERSON Inc. is managing member of Robertson, Stephens & Company
WITH Private Equity Group, L.L.C. which is general partner of
Bayview Investors, Ltd. Robertson Stephens Investment
Management Co. is general partner of Robertson, Stephens &
Company Investment Management, L.P. and Bayview Investors,
Ltd. Includes shares held by The Robertson Stephens Orphan
Offshore Fund, L.P. of which Robertson, Stephens & Company
Investment Management, L.P. is general partner. Includes
shares held by The Robertson Stephens Global Low-Priced
Stock Fund of which Robertson, Stephens & Company Investment
Management, L.P. is investment adviser. Robertson Stephens
Investment Management Co. owns Bayview Holdings, Inc.
See Item 5.)
------------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
0
------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
328,900
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
328,900
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.8%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
HC
- --------------------------------------------------------------------------------
4
CUSIP No. 405219106
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BankAmerica Corporation
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
oo
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 328,900 shares (Includes shares held by
OWNED BY The Robertson Stephens Orphan Fund of which Robertson,
EACH Stephens & Company Investment Management, L.P. and Bayview
REPORTING Investors, Ltd. are the general partners. Bayview Holdings,
PERSON Inc. is managing member of Robertson, Stephens & Company
WITH Private Equity Group, L.L.C. which is general partner of
Bayview Investors, Ltd. Robertson Stephens Investment
Management Co. is general partner of Robertson, Stephens &
Company Investment Management, L.P. and Bayview Investors,
Ltd. Includes shares held by The Robertson Stephens Orphan
Offshore Fund, L.P. of which Robertson, Stephens & Company
Investment Management, L.P. is general partner. Includes
shares held by The Robertson Stephens Global Low-Priced
Stock Fund of which Robertson, Stephens & Company Investment
Management, L.P. is investment adviser. BankAmerica
Corporation wholly owns Robertson Stephens Investment
Management Co. which owns Bayview Holdings, Inc. See Item
5.)
------------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
0
------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
328,900
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
328,900
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.8%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
HC
- --------------------------------------------------------------------------------
5
ITEM 1: SECURITY AND ISSUER:
-------------------
This Amended Schedule 13D is filed with respect to the Common Stock of
Hain Food Group, Inc. (the "Company"), 50 Charles Lindbergh Blvd.,
Uniondale, NY 11553.
ITEM 2: IDENTITY AND BACKGROUND.
-----------------------
The Amended Schedule 13D is filed on behalf of Robertson, Stephens &
Company Investment Management, L.P ("Investment Adviser"), Bayview
Holdings, Inc. ("Bayview Holdings"), BankAmerica Corporation ("BAC"),
and Robertson Stephens Investment Management Co. ("Robertson Parent"),
collectively known as the Filing Parties.
This Amended Schedule 13D relates to the direct beneficial ownership
in the shares of the Company by The Robertson Stephens Orphan Fund
("Orphan"), The Robertson Stephens Global Low-Priced Stock Fund ("Low-
Priced"), and The Robertson Stephens Orphan Offshore Fund, L.P.
("Orphan Offshore") (the "Funds"), and the indirect beneficial
ownership of Bayview Investors, Ltd. ("Bayview"), Investment Adviser,
Robertson, Stephens & Company Private Equity Group, L.L.C. ("Private
Equity Group"), Bayview Holdings, BAC, and Robertson Parent in the
shares of the Company held by the Funds.
I. (a) Low-Priced is a series of Robertson Stephens Investment Trust
("RSIT"), a Massachusetts business trust. Its investment adviser
is Investment Adviser.
(b) 555 California Street San Francisco, CA 94104 (principal office
and principal place of business)
(c) registered investment company
II. (a) Orphan is a California limited partnership. Investment Adviser
and Bayview are the general partners.
(b) 555 California Street
San Francisco, CA 94104
(principal office and principal place of business)
6
(c) investments in securities
III. (a) Orphan Offshore is a Cayman Islands limited partnership.
Investment Adviser is the general partner.
(b) 555 California Street
San Francisco, CA 94104
(principal office and principal place of business)
(c) investment in securities
IV. (a) Bayview Holdings is a Delaware corporation. Bayview Holdings, a
wholly owned subsidiary of Robertson Parent, is the managing
member of Private Equity Group.
(b) 555 California Street
San Francisco, CA 94104
(principal office and principal place of business)
(c) holding company
V. (a) Bayview is a California limited partnership and general partner
of Orphan.
(b) 555 California Street
San Francisco, CA 94104
(principal office and principal place of business)
(c) investments in securities
VI. (a) Investment Adviser is a California limited partnership. It is
investment adviser to Low-Priced and general partner to Orphan
and Orphan Offshore.
(b) 555 California Street
San Francisco, CA 94104
(principal office and principal place of business)
(c) registered investment advisor
VII. (a) BAC is a Delaware corporation. It wholly owns Robertson Parent.
7
(b) Corporate Secretary's Office #13018
555 California Street
San Francisco, CA 94104
(principal office and principal place of business)
(c) bank holding company
VIII. (a) Robertson Parent is a Delaware corporation. It is wholly owned by
BAC. It owns Bayview Holdings.
(b) Corporate Secretary's Office #13018
555 California Street
San Francisco, CA 94104
(principal office and principal place of business)
(c) holding company
IX. (a) Private Equity Group is a Delaware limited liability company. It
is general partner of Bayview. Bayview Holdings is managing
member of Private Equity Group.
(b) 555 California Street
San Francisco, CA 94104
(principal office and principal place of business)
(c) holding company
Certain information regarding the directors and executive officers of
the Filing Parties is set forth in Exhibit B, previously filed.
During the last five years, neither the entities mentioned above, nor,
to their best knowledge, any person named in Exhibit B, has been (a) convicted
in a criminal proceeding (excluding traffic violations or similar misdemeanors)
or (b) a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to federal or state securities laws or finding
any violation with respect to such laws.
BAC incorporates by reference the material under Item 3, "Legal
Proceedings," in its Annual Report on Form 10-K for the
8
year ended December 31, 1996, and the material in its Current Report on Form 8-K
for May 5, 1997 (File No. 1-7377).
ITEM 3: SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION:
-------------------------------------------------
The securities with respect to which this Amended Schedule 13D is
filed were purchased by the Funds using working capital contributed by their
respective partners and shareholders.
ITEM 4: PURPOSE OF TRANSACTION:
----------------------
The securities were purchased by the Funds in the ordinary course of
business and not with the intention nor effect of changing or influencing
control of the Company. The reporting persons may sell all or part or acquire
additional securities of the Company depending on market conditions and other
economic factors. The filing of this statement shall not be construed as an
admission that BAC, Bayview Holdings or Robertson Parent is, for the purposes of
Section 13(d), or 13(g) of the Securities Exchange Act of 1934, as amended, the
beneficial owner of any securities covered by this statement.
ITEM 5: INTEREST IN SECURITIES OF THE ISSUER:
------------------------------------
(a) (b) The aggregate number and percentage of the class of
securities identified pursuant to Item 1 of this Amended Schedule 13D that are
beneficially owned by the persons listed in Item 2 are as follows:
No. of Shares
Name of Beneficially Percentage of
Beneficial Owner (1) Owned Class
- -----------------------------------------------------------
Low-Priced 80,000 .9%
Orphan 200,000 2.3%
Orphan Offshore 48,900 .6%
Investment Adviser 328,900 3.8%
Bayview 200,000 2.3%
Bayview Holdings 200,000 2.3%
BAC 328,900 3.8%
Robertson Parent 328,900 3.8%
Private Equity Group 200,000 2.3%
9
(c) The following is a list of transactions by the filing parties in
the last 60 days. All transactions were executed on NASDAQ.
Entity Date Shares Price Transaction
- ------ ---- ------ ----- -----------
Low-Priced 12/3/97 10,000 9.00 open market sale
Low-Priced 12/30/97 10,000 8.78 open market sale
Low-Priced 1/7/98 10,000 9.75 open market sale
Low-Priced 1/12/98 10,000 9.50 open market sale
Low-Priced 1/13/98 10,000 10.37 open market sale
Low-Priced 1/16/98 5,000 9.94 open market sale
Low-Priced 1/21/98 5,000 9.94 open market sale
Orphan 1/15/98 27,400 10.08 open market sale
Orphan 1/16/98 4,400 9.94 open market sale
Orphan 1/21/98 10,000 9.94 open market sale
Orphan 1/22/98 12,200 10.00 open market sale
Orphan Offshore 1/15/98 3,500 10.08 open market sale
Orphan Offshore 1/16/98 600 9.94 open market sale
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
---------------------------------------------------------------------
TO SECURITIES OF THE ISSUER.
---------------------------
See Item 5.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
--------------------------------
Exhibit A - Joint Filing Agreement (previously
filed)
Exhibit B - Directors and Executive Officers (or persons serving in
similar capacities) of the Filing Parties (previously
filed)
10
Signature.
- ---------
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Dated: February 13, 1998
ROBERTSON, STEPHENS & COMPANY INVESTMENT MANAGEMENT, L.P., A
CALIFORNIA LIMITED PARTNERSHIP*
BANKAMERICA CORPORATION*
BAYVIEW HOLDINGS, INC.*
ROBERTSON STEPHENS INVESTMENT MANAGEMENT CO.*
*By: /s/ VENRICE R. PALMER
Venrice R. Palmer
Senior Counsel of
Bank of America National Trust and Savings Association
and Authorized Attorney-in-Fact
11
