Filing Details

Accession Number:
0001140361-10-041103
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-10-13 17:07:44
Reporting Period:
2010-10-08
Filing Date:
2010-10-13
Accepted Time:
2010-10-13 17:07:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1017712 Hot Topic Inc HOTT Retail-Apparel & Accessory Stores (5600) 770198182
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1349005 R Steven Becker 300 Crescent Court
Suite 1111
Dallas TX 75201
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-10-08 2,819 $0.00 2,819 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,385,949 Indirect See Footnotes
Footnotes
  1. Represents 2,819 shares of common stock ("Common Stock"), no par value, of Hot Topic, Inc. (the "Issuer") granted to Steven R. Becker ("Mr. Becker") as restricted stock under the Issuer's 2006 Equity Incentive Plan. Pursuant to the Restricted Stock Bonus Agreement under which this grant was made, such shares are subject to forfeiture to the Issuer under certain circumstances, which forfeiture right will lapse on June 8, 2011, or the date of the next annual shareholders meeting of the Issuer, whichever comes first.
  2. Represents shares of Common Stock directly beneficially owned by BD Partners I, L.P. ("BD Partners I") (827,953 shares), Becker Drapkin Partners (QP), L.P. ("Becker Drapkin QP") (701,852 shares), Becker Drapkin Partners, L.P. ("Becker Drapkin, L.P.") (86,744 shares), and a managed account (the "Managed Account") (769,400 shares). (continued in Footnote 3)
  3. Mr. Becker may be deemed to beneficially own these shares as he is a co-managing member of BC Advisors, LLC which is the general partner of BD Management, L.P. ("BD Management") (of which Mr. Becker is a limited partner), and BD Management is the general partner of, and investment manager for, each of BD Partners I, Becker Drapkin QP and Becker Drapkin, L.P. and provides investment advisory services for the Managed Account. Mr. Becker disclaims beneficial ownership in such shares of Common Stock except to the extent of his pecuniary interest therein.