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UNITED STATES -----------------------------
OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION -----------------------------
Washington, D.C. 20549 OMB Number: 3235-0145
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SCHEDULE 13G Expires: October 31, 2002
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Estimated average burden
hours per response......14.9
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Under the Securities Exchange Act of 1934
(Amendment No. 3)
UNIVERSAL ELECTRONICS, INC. /1/
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
913483103
(CUSIP Number)
FEBRUARY 14, 2001
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|X| Rule 13d-1(b)
| | Rule 13d-1(c)
| | Rule 13d-1(d)
- -----------------
1 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 the disclosures provided in a prior cover page.
The information required in 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 13G Page 2 of 13
CUSIP No. 913483103 Universal Electronics, Inc.
- -------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Berger LLC ID No. 84-1507541
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,467,910
------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 1,467,910
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,467,910
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.66%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IA, CO
- --------------------------------------------------------------------------------
- ----------------
Schedule 13G Page 3 of 13
CUSIP No. 913483103 Universal Electronics, Inc.
- -------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Berger Small Company Growth Fund, a Portfolio of Berger Investment
Portfolio Trust (ID No. 84-1244357)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,275,730
------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 1,275,730
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,275,730
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.26%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IV, 00
- --------------------------------------------------------------------------------
Schedule 13G Page 4 of 13
CUSIP No. 913483103 Universal Electronics, Inc.
- -------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Stilwell Financial Inc. ID No. 43-1804048
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY -0-
------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH -0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |X|
Excludes shares beneficially owned by Berger LLC and Berger Small
Company Growth Fund as to which beneficial ownership is disclaimed.
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
-0-
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
HC, CO
- --------------------------------------------------------------------------------
Schedule 13G Page 5 of 13
CUSIP No. 913483103 Universal Electronics, Inc.
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- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Stilwell Management, Inc. ID No. 13-2750052
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY -0-
------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH -0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |X|
Excludes shares beneficially owned by Berger LLC and Berger Small
Company Growth Fund as to which beneficial ownership is disclaimed.
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
-0-
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
Schedule 13G Page 6 of 13
CUSIP No. 913483103 Universal Electronics, Inc.
- -------------------------------------------------------------------------------
Item 1.
(a) Name of Issuer: UNIVERSAL ELECTRONICS, INC.
(b) Address of Issuer's Principal Executive Offices:
6101 GATEWAY DRIVE
CYPRESS, CA 90630-4841
Item 2.
(a) Name of Person Filing:
(1) BERGER LLC
(2) BERGER SMALL COMPANY GROWTH FUND, A PORTFOLIO OF
THE BERGER INVESTMENT PORTFOLIO TRUST
(3) STILWELL FINANCIAL INC.
(4) STILWELL MANAGEMENT, INC.
(b) Address of Principal Business Office:
(1) BERGER LLC
210 UNIVERSITY BOULEVARD, SUITE 900
DENVER, COLORADO 80206
(2) BERGER SMALL COMPANY GROWTH FUND
210 UNIVERSITY BOULEVARD, SUITE 900
DENVER, COLORADO 80206
(3) STILWELL FINANCIAL INC.
920 MAIN, 21st FLOOR
KANSAS CITY, MISSOURI 64105
(4) STILWELL MANAGEMENT, INC.
210 UNIVERSITY BOULEVARD, SUITE 900
DENVER, COLORADO 80206
Schedule 13G Page 7 of 13
CUSIP No. 913483103 Universal Electronics, Inc.
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(c) Citizenship:
(1) Berger LLC: NEVADA
(2) Berger Small Company Growth Fund: DELAWARE
(3) Stilwell Financial Inc. DELAWARE
(4) Stilwell Management, Inc. DELAWARE
(d) Title of Class of Securities: COMMON STOCK
(e) CUSIP Number: 913483103
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) Broker or Dealer registered under Section 15 of the
------- Act (15 U.S.C. 78o);
(b) Bank as defined in Section 3(a)(6) of the Act
------- (15 U.S.C. 78o);
(c) Insurance Company as defined in Section 3(a)(19)
------- of the Act (15 U.S.C. 78c);
(d) X Investment Company registered under Section 8 of
------- the Investment Company Act of 1940
(15 U.S.C. 80a-8); /2/
(e) X An investment adviser in accordance with
------- Section 240.13d-1(b)(7)(ii)(E); /3/
(f) An employee benefit plan or endowment fund in
------- accordance with Section 240.13d-1(b)(1)(ii)(F);
(g) X A parent holding company or control person in
------- accordance with Section 240.13d-1(b)(1)(ii)(G); /4/
- ------------------------
2 Berger Small Company Growth Fund is a Portfolio of the Berger Investment
Portfolio Trust, a Delaware business trust and a registered investment
company.
3 Berger LLC is a registered investment adviser.
4 Stilwell Financial Inc. ("SFI") owns 100% of Stilwell Management, Inc.,
which owns approximately 86% of Berger LLC. Each of these entities
is filing this statement solely as a result of such stock ownership which
may be deemed to give SFI or SMI control over Berger LLC.
Schedule 13G Page 8 of 13
CUSIP No. 913483103 Universal Electronics, Inc.
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(h) A savings associations as defined in Section 3(b)
------- of the Federal Deposit Insurance Act
(12 U.S.C. 1813);
(i) A church plan that is excluded from the definition of
------- an investment company under Section 3(c)(14) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) Group, in accordance with
------- Section 240.13d-1(b)(1)(ii)(H).
Item 4. Ownership
(a) Amount Beneficially Owned:
(1) Berger LLC: 1,467,910 /5/
-----------
(2) Berger Small Company Growth Fund: 1,275,730
-----------
(3) Stilwell Financial Inc.: 0 /6/
-----------
(4) Stilwell Management, Inc.: 0 /7/
-----------
- --------------------
5 The filing of this statement shall not be construed as an admission that
Berger LLC is, for purposes of Sections 13(d) or 13(g) of the Securities
Exchange Act of 1934, the beneficial owner of any securities covered by
this statement.
Berger LLC is a registered investment adviser which furnishes investment
advice to a number of mutual funds and institutional clients. As a result
of its role as investment adviser or sub-adviser to the Funds as well as
institutional clients, Berger LLC may be deemed to be the beneficial owner
of securities held by such funds or clients.
6 Stilwell Financial Inc. does not own of record any shares of
Universal Electronics, Inc. Common Stock, it has not engaged in any
transaction in Universal Electronics, Inc. Common Stock, and it does not
exercise any voting or investment power over shares of Universal
Electronics, Inc. Common Stock. All shares reported herein have been
acquired by Berger LLC's advisory clients and SFI specifically disclaims
beneficial ownership over any shares of Universal Electronics, Inc. Common
Stock.
Accordingly, the filing of this statement shall not be construed as an
admission that SFI is, for purposes of Sections 13(d) or 13(g) of the
Securities Exchange Act of 1934, the beneficial owner of any securities
covered by this statement.
7 Stilwell Management, Inc. ("SMI") does not own of record any shares of
Universal Electronics, Inc. Common Stock, it has not engaged in any
transaction in Universal Electronics, Inc. Common Stock, and it does not
exercise any voting or investment power over shares of Universal
Electronics, Inc. Common Stock. All shares reported herein have been
acquired by Berger LLC's advisory clients and SMI
Schedule 13G Page 9 of 13
CUSIP No. 913483103 Universal Electronics, Inc.
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(b) Percent of Class:
(1) Berger LLC: 10.66% /8/
--------
(2) Berger Small Company Growth Fund: 9.26%
--------
(4) Stilwell Financial Inc.: 0.0% /9/
--------
(5) Stilwell Management, Inc.: 0.0% /10/
--------
(c) Number of shares as to which such person has:
(1) Berger LLC:
(i) Sole power to vote or to direct the vote:
0
------
(ii) Shared power to vote or to direct the vote:
1,467,910
----------
(iii) Sole power to dispose or to direct the
disposition of: 0
----------
(iv) Shared power to dispose or to direct the
disposition of: 1,467,910
----------
(2) Berger Small Company Growth Fund:
(i) Sole power to vote or to direct the vote:
0
-------
(ii) Shared power to vote or to direct the vote:
1,275,730
----------
- --------------------
specifically disclaims beneficial ownership over any shares of
Universal Electronics, Inc. Common Stock.
Accordingly, the filing of this statement shall not be construed as an
admission that SMI is, for purposes of Sections 13(d) or 13(g) of the
Securities Exchange Act of 1934, the beneficial owner of any securities
covered by this statement.
8 The filing of this statement shall not be construed as an admission that
Berger LLC is, for purposes of Sections 13(d) or 13(g) of the Securities
Exchange Act of 1934, the beneficial owner of any securities covered by
this statement.
9 See Item 4(a)(3).
10 See Item 4(a)(4).
Schedule 13G Page 10 of 13
CUSIP No. 913483103 Universal Electronics, Inc.
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(iii) Sole power to dispose or to direct the
disposition of: 0
---------
(iv) Shared power to dispose or to direct the
disposition of: 1,275,730
---------
(3) Stilwell Financial Inc.
(i) Sole power to vote or to direct the vote:
0
------
(ii) Shared power to vote or to direct the vote:
0 /11/
------
(iii) Sole power to dispose or to direct the
disposition of: 0
-----
(iv) Shared power to dispose or to direct the
disposition of: 0 /12/
------
(4) Stilwell Management, Inc.
(i) Sole power to vote or to direct the vote:
0
-----
(ii) Shared power to vote or to direct the vote:
0 /13/
-----
(iii) Sole power to dispose or to direct the
disposition of: 0
-----
(iv) Shared power to dispose or to direct the
disposition of: 0 /14/
-----
Item 5. Ownership of Five Percent or Less of a Class:
NOT APPLICABLE
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
THE BERGER SMALL COMPANY GROWTH FUND HAS THE RIGHT TO RECEIVE ALL
DIVIDENDS FROM, AND THE PROCEEDS FROM THE SALE OF, THE SECURITIES HELD
IN ITS ACCOUNT.
- --------------------
11 See Item 4(a)(3).
12 See Item 4(a)(3).
13 See Item 4(a)(4).
14 See Item 4(a)(4).
Schedule 13G Page 11 of 13
CUSIP No. 913483103 Universal Electronics, Inc.
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Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company:
THIS STATEMENT HAS BEEN FILED JOINTLY BY SFI, SMI, BERGER LLC AND THE
BERGER SMALL COMPANY GROWTH FUND, AND INFORMATION RELATING TO BERGER
LLC HAS BEEN INCLUDED HEREIN.
Item 8. Identification and Classification of Members of the Group:
NOT APPLICABLE
Item 9. Notice of Dissolution of Group:
NOT APPLICABLE
Item 10. Certification:
BY SIGNING BELOW I CERTIFY THAT, TO THE BEST OF MY KNOWLEDGE AND
BELIEF, THE SECURITIES REFERRED TO ABOVE WERE ACQUIRED AND ARE HELD IN
THE ORDINARY COURSE OF BUSINESS AND WERE NOT ACQUIRED AND ARE NOT HELD
FOR THE PURPOSE OF OR WITH THE EFFECT OF CHANGING OR INFLUENCING THE
CONTROL OF THE ISSUER OF SUCH SECURITIES AND WERE NOT ACQUIRED AND ARE
NOT HELD IN CONNECTION WITH OR AS A PARTICIPANT IN ANY TRANSACTION
HAVING SUCH PURPOSE OR EFFECT.
Schedule 13G Page 12 of 13
CUSIP No. 913483103 Universal Electronics, Inc.
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SIGNATURE
(Amendment No. 3)
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.
BERGER LLC:
/S/BRIAN S. FERRIE
Date: February 14, 2001 ------------------------------------
Signature
Brian S. Ferrie, Vice President -
Compliance
------------------------------------
Name/Title
BERGER SMALL COMPANY GROWTH FUND, A
PORTFOLIO OF THE BERGER INVESTMENT
PORTFOLIO TRUST
/S/BRIAN S. FERRIE
Date: February 14, 2001 ------------------------------------
Signature
Brian S. Ferrie, Vice President
------------------------------------
Name/Title
STILWELL FINANCIAL INC.
/S/GWEN E. ROYLE
Date: February 14, 2001 ------------------------------------
Signature
Gwen E. Royle, Vice President - Legal
and Corporate Secretary
------------------------------------
Name/Title
Schedule 13G Page 13 of 13
CUSIP No. 913483103 Universal Electronics, Inc.
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STILWELL MANAGEMENT, INC.
/S/JACK R. THOMPSON
Date: February 14, 2001 ------------------------------------
Signature
Jack R. Thompson, President and
Chief Executive Officer
------------------------------------
Name/Title
EXHIBIT INDEX
EXHIBIT DOCUMENT PAGE NO.
- ------- -------- --------
A Joint Filing Agreement A-1
EXHIBIT A
to
SCHEDULE 13G
(Amendment No. 3)
JOINT FILING AGREEMENT
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934,
the undersigned parties hereby agree that the preceding Schedule 13G is being
filed on behalf of each of them.
IN WITNESS THEREOF, the parties hereto have duly executed this
agreement on this 14th day of February, 2001.
BERGER LLC:
/S/BRIAN S. FERRIE
------------------------------------
Brian S. Ferrie, Vice President -
Compliance
BERGER SMALL COMPANY GROWTH FUND, A
PORTFOLIO OF THE BERGER INVESTMENT
PORTFOLIO TRUST
/S/BRIAN S. FERRIE
------------------------------------
Brian S. Ferrie, Vice President
STILWELL FINANCIAL INC.
/S/GWEN E. ROYLE
------------------------------------
Gwen E. Royle, Vice President - Legal
and Corporate Secretary
STILWELL MANAGEMENT, INC.
/S/JACK R. THOMPSON
------------------------------------
Jack R. Thompson, President and
Chief Executive Officer