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Filing Details

Accession Number:: 0001140361-11-021855
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-04-12 18:21:11
Reporting Period:: 2011-04-08

Filing Date:: 2011-04-12
Accepted Time:: 2011-04-12 18:21:11
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	2011-04-08	250,400	$5.96	2,676,349	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2011-04-11	46,100	$5.95	2,722,449	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2011-04-11	33,000	$5.97	2,755,449	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2011-04-11	43,500	$5.94	2,798,949	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2011-04-11	178,600	$6.00	2,977,549	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2011-04-11	19,900	$5.95	2,997,449	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2011-04-12	40,000	$6.00	3,037,449	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2011-04-12	101,400	$6.00	3,138,849	No	4	P	Indirect	See Footnotes

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

Reported Non-Derivative Holdings

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

Footnotes

Represents 2,819 shares of common stock ("Common Stock"), no par value, of Hot Topic, Inc. (the "Issuer") granted to Matthew A. Drapkin ("Mr. Drapkin") 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.
Represents shares of Common Stock directly beneficially owned by BD Partners I, L.P. ("BD Partners I") (currently 1,223,099 shares), Becker Drapkin Partners (QP), L.P. ("Becker Drapkin QP") (currently 811,657 shares), Becker Drapkin Partners, L.P. ("Becker Drapkin, L.P.") (currently 103,293 shares), and shares directly held in a managed account (the "Managed Account") (currently 1,000,800 shares). (continued in Footnote 3)
Mr. Drapkin 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. Drapkin 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 is the investment manager for the Managed Account. BD Management is the sole beneficial owner of the shares held in the Managed Account. Mr. Drapkin disclaims beneficial ownership in all such shares of Common Stock except to the extent of his pecuniary interest therein.