Filed pursuant to Rule 424(b)(3)
Registration No. 333-111245
KIRKLANDS,
INC.
COMMON STOCK
PROSPECTUS
SUPPLEMENT DATED SEPTEMBER 22, 2008
(To Prospectus dated December 17, 2003)
The following information updates and amends the Prospectus dated December 17, 2003 (the
Prospectus) and should be read in conjunction therewith. Terms not defined herein shall have the
same meaning as in the Prospectus.
The purpose of the Prospectus is to permit the selling shareholders or their pledgees, donees,
other transferees selling shares received from the named selling
shareholders, or other successors-in-interest to offer for sale or to sell shares of common stock covered by the Prospectus at such
time and at such prices as they, in their sole discretion, choose.
Certain selling shareholders listed
in the Prospectus have transferred their remaining shares of Common Stock registered for sale under the Prospectus to the transferee set forth
below in private transactions:
Transfers from (1) Advent Direct Investment Program Limited Partnership, (2) Advent Partners
Limited Partnership, and (3) Global Private Equity Group II Limited Partnership:
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Transferee |
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Number of Shares Acquired |
Carl Kirkland |
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1,208,000 |
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The
information and table set forth under the caption Selling Shareholders contained in the Prospectus is hereby amended and
replaced by the following:
SELLING SHAREHOLDERS
The following table sets forth information with respect to the beneficial ownership of our
common stock as of September 22, 2008, by each of the selling shareholders and the maximum number
of shares that may be sold hereunder.
Beneficial ownership is determined in accordance with the rules of the SEC, and is based upon
information provided by each respective selling shareholder, Forms 4, Schedules 13D and 13G and
other public documents filed with the SEC. The number representing the number of shares of common
stock beneficially owned prior to the offering for each selling shareholder includes all options or
other derivative securities which are exercisable within 60 days of September 22, 2008. The
percentages of shares owned after the offering are based on 19,614,657 shares of our common stock
outstanding as of September 22, 2008, which includes the outstanding shares of common stock offered
by this prospectus.
Unless otherwise indicated below, to our knowledge, all persons named in this table have sole
voting and investment power with respect to their shares of common stock, except to the extent
authority is shared by spouses under applicable law. The inclusion of any shares in this table does
not constitute an admission of beneficial ownership for the person named below.
The following table sets forth, to our knowledge, information about the selling shareholders
as of September 22, 2008.
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Number of |
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Shares of |
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Number of |
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Common |
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Shares of |
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Stock |
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Common |
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Beneficially |
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Stock |
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Shares |
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Owned |
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Registered |
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Beneficially Owned |
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Prior to the |
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for Sale |
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After Offering |
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Name of Selling Shareholders |
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Offering |
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Hereby |
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Number |
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Percent |
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Robert E. Alderson |
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1,010,939 |
(1) |
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137,500 |
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873,439 |
(1) |
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4.4 |
% |
Carl Kirkland |
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4,802,862 |
(2) |
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1,508,000 |
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3,294,862 |
(2) |
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16.8 |
% |
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(1) |
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Includes options to purchase 174,957 shares of common stock held by Robert E. Alderson.
Mr. Alderson, our President, Chief Executvie Officer and a
Director of the Company, is offering an additional 200,000 shares for resale under the Companys registration
statement on Form S-3, registration no. 333-152165. |
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(2) |
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Includes options to purchase 15,000 shares of common stock
held by Carl Kirkland. Mr. Kirkland, a Director of the Company, is offering an additional 2,256,032 shares for resale under the Companys registration statement on
Form S-3, registration no. 333-152165. |
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Less than one percent of class. |