UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D
Under the Securities Exchange Act of 1934 |
OPTi Inc. (Name of Issuer) |
Common Stock, no par value (Title of Class of Securities) |
683960108 |
Don C. Whitaker Don C. Whitaker, Inc. 23 Beechwood Irvine, CA 92604 949-857-6008 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
August 04, 2003 (Date of Event which Requires Filling 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 §§ 240.13d-1(e), 240.13d-1 (f) or 240.13d-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 § 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). |
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SCHEDULE 13D | ||||
CUSIP No. 683960108 | ||||
1. | Names of Reporting Persons. Don C. Whitaker I.R.S. Identification No. |
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2. |
Check the Appropriate Box if a Member of a Group*
(a.) (X) (b.) ( ) |
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3. | SEC USE ONLY | |||
4. | Source of Funds* |
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5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to items 2(d) or 2(e) ( ) | |||
6. |
Citizenship or Place of Organization |
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Number of Shares Beneficially Owned by Each Reporting Person With |
7. | Sole Voting Power 842,750 |
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8. | Shared Voting Power |
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9. | Sole Dispositive Power 842,750 |
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10. | Shared Dispositive Power |
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11. |
Aggregate Amount Beneficially Owned by Each Reporting Person 842,750 |
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12. |
Check if the Aggregate Amount Represented by
Amount in Row (11) Excludes Certain Shares (See Instructions) ( ) |
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13. |
Percent of Class Represented by Amount in Row (11) |
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14. |
Type of Reporting Person |
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SCHEDULE 13D | ||||
CUSIP No. 683960108 | ||||
1. | Names of Reporting Persons. Don C. Whitaker, Jr I.R.S. Identification No. |
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2. |
Check the Appropriate Box if a Member of a Group*
(a.) (X) (b.) ( ) |
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3. | SEC USE ONLY | |||
4. | Source of Funds* |
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5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to items 2(d) or 2(e) ( ) | |||
6. |
Citizenship or Place of Organization |
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Number of Shares Beneficially Owned by Each Reporting Person With |
7. | Sole Voting Power 87,000 |
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8. | Shared Voting Power |
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9. | Sole Dispositive Power 87,000 |
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10. | Shared Dispositive Power |
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11. |
Aggregate Amount Beneficially Owned by Each Reporting Person 87,000 |
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12. |
Check if the Aggregate Amount Represented by
Amount in Row (11) Excludes Certain Shares (See Instructions) ( ) |
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13. |
Percent of Class Represented by Amount in Row (11) |
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14. |
Type of Reporting Person |
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SCHEDULE 13D | ||||
CUSIP No. 683960108 | ||||
1. | Names of Reporting Persons. Don C. Whitaker, Inc. I.R.S. Identification No. |
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2. |
Check the Appropriate Box if a Member of a Group*
(a.) (X) (b.) ( ) |
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3. | SEC USE ONLY | |||
4. | Source of Funds* |
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5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to items 2(d) or 2(e) ( ) | |||
6. |
Citizenship or Place of Organization |
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Number of Shares Beneficially Owned by Each Reporting Person With |
7. | Sole Voting Power |
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8. | Shared Voting Power 75,000 |
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9. | Sole Dispositive Power |
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10. | Shared Dispositive Power 75,000 |
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11. |
Aggregate Amount Beneficially Owned by Each Reporting Person 75,000 |
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12. |
Check if the Aggregate Amount Represented by
Amount in Row (11) Excludes Certain Shares (See Instructions) ( ) |
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13. |
Percent of Class Represented by Amount in Row (11) |
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14. |
Type of Reporting Person |
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4 |
Item 1. Security and Issuer |
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Item 2. Identity and Background. |
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(a) |
Name: Don C. Whitaker |
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(b) |
Residence or business address: 23 Beechwood
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(c) |
Present Principal Occupation or Employment: Don C. Whitaker, Inc
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(d) |
Criminal Conviction: No |
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(e) |
Court or Administrative Proceedings: No |
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(f) |
Citizenship: USA | |||
Item 3. Source and Amount of Funds or Other Consideration: |
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Item 4. Purpose of Transaction
State the purpose or purposes of the acquisition of securities of the issuer. Describe any plans or proposals
which the reporting persons may have which relate to or would result in: |
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The above described net purchases of common shares of OPTi Inc., (OPTI) were made for investment purposes. Pursuant to OPTi's 10K filing on 6/30/03: "The company may decide in the near future to again pursue the voluntary liquidation and dissolution of OPTi" The "Whitaker Group" purpose of transaction is to participate in that possible liquidation and also the potential of claims for the infringement of certain of OPTi's patents.
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5 |
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(a) |
The acquisition by any person of additional securities of the issuer, or the disposition of securities of the issuer; |
No |
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(b) |
An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries; |
Other than mentioned in "Purpose of Transaction" |
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(c) |
A sale or transfer of a material amount of assets of the issuer or any of its subsidiaries; |
Other than mentioned in "Purpose of Transaction" |
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(d) |
Any change in the present board of directors or management of the issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; |
Not at the present time |
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(e) |
Any material change in the present capitalization or dividend policy of the issuer; |
No |
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(f) |
Any other material change in the issuer's business or corporate structure including but not limited to, if the issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by section 13 of the Investment Company Act of 1940; |
No |
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(g) |
Changes in the issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any person; |
Not at the present time |
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(h) |
Causing a class of securities of the issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; |
Not at the present time |
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(i) |
A class of equity securities of the issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or |
See "H" above |
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(j) |
Any action similar to any of those enumerated above. |
See "H" above |
Item 5. Interest in Securities of the Issuer. |
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(a) |
Ownership of 8.636% of Common Stock of Opti Inc.
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(b) |
Don C. Whitaker and Don C. Whitaker, Jr., each have sole responsibility to vote and dispose of their respective shares. Don C. Whitaker and Don C. Whitaker, Jr., share voting power with regards to the shares held in the name of Don C. Whitaker, Inc. |
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(c) |
Withing the last 60 days: Don C. Whitaker net purchased 500,347 shares for a total consideration of $650,634.23; Don C. Whitaker, Jr., net purchased 23,700 shares for a total consideration of $37,439.50; Don C. Whitaker, Inc., net purchased 31,800 shares for a total consideration of $48,421. |
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Transaction |
Shares or Units |
Price per |
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6/6/03 |
7000 |
1.54 |
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(d) |
None |
(e) |
N/A |
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
None |
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6 |
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Item 7. Material to be Filed as Exhibits.
None |
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Signature |
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Date: August 08, 2003 | ||||
Don C. Whitaker |
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By: | /s/ Don C. Whitaker Don C. Whitaker |
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Title: | Individual | |||
Don C. Whitaker, Jr. |
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By: | /s/ Don C. Whitaker, Jr. Don C. Whitaker, Jr. |
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Title: | Individual | |||
Don C. Whitaker, Inc. |
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By: | /s/ Don C. Whitaker Don C. Whitaker |
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Title: | President |
7 |