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Filing Details

Accession Number:: 0001209191-10-056982
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-11-26 16:41:31
Reporting Period:: 2010-11-23

Filing Date:: 2010-11-26
Accepted Time:: 2010-11-26 16:41:31
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
1458693	A Matthew Drapkin	300 Crescent Court Suite 1111 Dallas TX 75201		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-11-23	40,000	$5.98	2,425,949	No	4	P	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnotes

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	2,819	Direct

Footnotes

This statement is filed by and on behalf of Matthew A. Drapkin. Each of Becker Drapkin Partners (QP), L.P. ("QP Fund"), Becker Drapkin Partners, L.P. ("LP Fund"), BD Partners I, L.P. ("BD Partners I"), Matthew A. Drapkin and a managed account (the "Managed Account") are the direct beneficial owners of the securities covered by this report. BD Management, L.P. ("BD Management") is the general partner of, and the investment manager for, each of QP Fund, LP Fund and BD Partners I and provides investment advisory services for the Managed Account. BD Management may be deemed to beneficially own securities owned by QP Fund, LP Fund, BD Partners I and the Managed Account. BC Advisors, LLC is the general partner of BD Management and may be deemed to beneficially own securities owned by BD Management. Steven R. Becker and Matthew A. Drapkin are the controlling persons of BC Advisors and may be deemed to beneficially own securities owned by BC Advisors.
Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
Includes (a) 701,852 shares directly beneficially owned by QP Fund, (b) 86,744 shares directly beneficially owned by LP Fund, (c) 857,953 shares directly beneficially owned by BD Partners I and (d) 779,400 shares directly beneficially owned by the Managed Account.
Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the issuer or securities of the issuer.
Represents 2,819 shares of common stock of the issuer granted to Matthew A. Drapkin as restricted stock under the Issuer's 2006 Equity Incentive Plan.