SC 13G 1 dkm235.txt SCHEDULE 13G FOR NEIL HENNESSY SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ___)* Hennessy Advisors, Inc. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------------------------------- (Title of Class of Securities) 425885 10 0 -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2002 -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |_| Rule 13d-1(c) |X| Rule 13d-1(d) * 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). (Continued on following page(s)) Page 1 of 6 Pages CUSIP No. 425885 10 0 Page 2 of 6 Pages ------------------------ -------------------- ================================================================================ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Neil J. Hennessy -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 655,322 BENEFICIALLY -------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING N/A PERSON -------------------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 655,322 -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER N/A -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 655,322 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 40.1% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. CUSIP No. 425885 10 0 Page 3 of 6 Pages ------------------------ -------------------- Item 1(a). Name of Issuer: --------- -------------- Hennessy Advisors, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: --------- ----------------------------------------------- 750 Grant Avenue, Suite 100 Novato, California 94945 Item 2(a). Name of Person Filing: --------- --------------------- Neil J. Hennessy Item 2(b). Address of Principal Business Office or, if none, Residence: --------- ----------------------------------------------------------- 750 Grant Avenue, Suite 100 Novato, California 94945 Item 2(c). Citizenship: --------- ----------- United States Item 2(d). Title of Class or Securities: --------- ---------------------------- Common Stock Item 2(e). CUSIP Number: --------- ------------ 425885 10 0 Item 3. If this statement is filed pursuant to Rules 13d-1(b), 13d-2(b) or ------ ------------------------------------------------------------------ 13d-2(c), check whether the person filing is a: ----------------------------------------------- Inapplicable CUSIP No. 425885 10 0 Page 4 of 6 Pages ------------------------ -------------------- Item 4. Ownership as of December 31, 2002. ------ --------------------------------- (a) Amount Beneficially Owned: 655,322 shares* (b) Percent of Class: 40.1% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 655,322* (ii) shared power to vote or to direct the vote: Inapplicable (iii) sole power to dispose or to direct the disposition of: 655,322* (iv) shared power to dispose or to direct the disposition of: Inapplicable * Includes 7,500 shares subject to presently exercisable employee stock options. Item 5. Ownership of Five Percent or Less of a Class. ------ -------------------------------------------- If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: |_| Instruction: Dissolution of a group requires a response to this item. Item 6. Ownership of More than Five Percent on Behalf of Another Person. ------ --------------------------------------------------------------- Inapplicable CUSIP No. 425885 10 0 Page 5 of 6 Pages ------------------------ -------------------- Item 7. Identification and Classification of the Subsidiary Which Acquired ------ ------------------------------------------------------------------ the Security Being Reported on By the Parent Holding Company. ------------------------------------------------------------- Inapplicable Item 8. Identification and Classification of Members of the Group. ------ --------------------------------------------------------- Inapplicable Item 9. Notice of Dissolution of Group. ------ ------------------------------ Inapplicable Item 10. Certification. ------- ------------- (a) Inapplicable (b) Inapplicable CUSIP No. 425885 10 0 Page 6 of 6 Pages ------------------------ -------------------- 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. January 14, 2003 -------------------------------- Date /s/ Neil J. Hennessy -------------------------------- Neil J. Hennessy