UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
JOHNSON OUTDOORS INC.
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(Name of Issuer)
Class A Common Stock, par value $.05 per share
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(Title of Class of Securities)
479254 10 4
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(CUSIP Number)
Linda L. Sturino
555 Main Street
Suite 500
Racine, Wisconsin 53403
(262) 260-4046
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(Name, Address and Telephone Number of
Person Authorized to Receive Notices and Communications)
May 21, 2004
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(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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
|_|
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-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).
SCHEDULE 13D
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CUSIP NO. 479254 10 4 PAGE 2 OF 7 PAGES
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NAME OF REPORTING PERSON
1 Samuel C. Johnson
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (A) [x]
2 (B) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
SC and BK
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
NUMBER 2,477,826 shares (1)(2)
OF
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SHARES 8 SHARED VOTING POWER
BENEFICIALLY 1,135,330 shares (2)
OWNED
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BY 9 SOLE DISPOSITIVE POWER
EACH 2,477,826 shares (1)(2)
REPORTING
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PERSON 10 SHARED DISPOSITIVE POWER
WITH 1,135,330 shares (2)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,613,155 shares (1)(2)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) |X|
See Item 5
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41.1% of the Class A Common Stock (1)(2)(3)
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14 TYPE OF REPORTING PERSON (See Instructions)
IN
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(1) Includes options to acquire 12,695 shares of Class A Common Stock
that are exercisable within 60 days.
(2) Includes shares of Class B Common Stock beneficially owned by the
Reporting Person which are convertible at any time into Class A Common Stock on
a one share-for-one share basis.
(3) Based on 7,553,084 shares of Class A Common Stock and 1,222,297
shares of Class B Common Stock (convertible into shares of Class A Common Stock
on a one share-for-one share basis) of Johnson Outdoors Inc. outstanding as of
April 14, 2004, as reported on the Johnson Outdoors Inc. Form 10-Q for the
fiscal quarter ended April 2, 2004 filed with the Securities and Exchange
Commission on May 17, 2004, and 12,695 options held by Mr. Johnson to purchase
shares of Class A Common Stock that are exercisable within 60 days.
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CUSIP NO. 479254 10 4 PAGE 3 OF 7 PAGES
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NAME OF REPORTING PERSON
1 Helen P. Johnson-Leipold
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (A) [x]
2 (B) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
SC and BK
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
NUMBER 808,155 shares (1)(2)
OF
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SHARES 8 SHARED VOTING POWER
BENEFICIALLY 1,329,308 shares (2)
OWNED
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BY 9 SOLE DISPOSITIVE POWER
EACH 808,155 shares (1)(2)
REPORTING
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PERSON 10 SHARED DISPOSITIVE POWER
WITH 1,329,308 shares (2)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,137,463 shares (1)(2)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) |X|
See Item 5
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
22.7% of the Class A Common Stock (1)(2)(3)
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14 TYPE OF REPORTING PERSON (See Instructions)
IN
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(1) Includes options to acquire 655,000 shares of Class A Common Stock
that are exercisable within 60 days and the 3,643 shares of Class A Common Stock
held in the Reporting Person's 401(k) plan as of November 1, 2003.
(2) Includes shares of Class B Common Stock beneficially owned by the
Reporting Person which are convertible at any time into Class A Common Stock on
a one share-for-one share basis.
(3) Based on 7,553,084 shares of Class A Common Stock and 1,222,297
shares of Class B Common Stock (convertible into shares of Class A Common Stock
on a one share-for-one share basis) of Johnson Outdoors Inc. outstanding as of
April 14, 2004, as reported on the Johnson Outdoors Inc. Form 10-Q for the
fiscal quarter ended April 2, 2004 filed with the Securities and Exchange
Commission on May 17, 2004, and 655,000 options held by Ms. Johnson-Leipold to
purchase shares of Class A Common Stock that are exercisable within 60 days.
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CUSIP NO. 479254 10 4 PAGE 4 OF 7 PAGES
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THIS AMENDMENT NO. 2 TO SCHEDULE 13D is filed jointly by Samuel C.
Johnson ("Mr. Johnson") and Helen P. Johnson-Leipold ("Ms. Johnson-Leipold"). In
this Amendment No. 2 to Schedule 13D, Mr. Johnson and Ms. Johnson-Leipold are
sometimes individually referred to as a "Reporting Person" and collectively
referred to herein as the "Reporting Persons". This filing shall serve to amend
and supplement the Reporting Persons' Amendment No. 1 to Schedule 13D filed with
the Securities and Exchange Commission on March 19, 2004.
ITEM 4. PURPOSE OF TRANSACTION.
Item 4 is hereby amended in its entirety to read as follows:
Ms. Johnson-Leipold delivered to the Special Committee of the Board of
Directors of the Company a letter dated May 21, 2004, stating that the Reporting
Persons, at the request of the Special Committee, would leave open their
February 20, 2004 proposal to take Johnson Outdoors Inc. private beyond its
expiration date to allow the Special Committee to continue to evaluate their
proposal, provided that the Reporting Persons reserve their right to amend or
withdraw such proposal and to terminate further discussions at any time prior to
execution of definitive agreements.
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS.
Exhibit No. Title
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99.5. Letter to the Special Committee of the Board
of Directors of the Company, dated as of May
21, 2004, delivered by the Reporting
Persons.
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.
Dated: May 21, 2004 /s/ Helen P. Johnson-Leipold
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Helen P. Johnson-Leipold
Samuel C. Johnson
By: /s/ Helen P. Johnson-Leipold
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Helen P. Johnson-Leipold, as
Attorney- in-fact pursuant to the
Power of Attorney for Samuel C.
Johnson filed February 20, 2004
Exhibit 99.5
May 21, 2004
Special Committee of the Board of Directors
Johnson Outdoors Inc.
555 Main Street
Racine, WI 53403
Attn: Thomas F. Pyle, Jr., Chairman
Gentlemen:
Per your request, Samuel Johnson and I are willing to leave our
February 20, 2004 proposal to take Johnson Outdoors Inc. private open beyond its
expiration date to allow the Special Committee to continue to evaluate our
proposal, provided that we reserve our right to amend or withdraw such proposal
and to terminate further discussions at any time prior to our execution of
definitive agreements.
Very truly yours,
/s/ Helen P. Johnson-Leipold
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Helen P. Johnson-Leipold