SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Hennessy Advisors, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
425885 10 0
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(CUSIP Number)
December 31, 2004
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(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
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CUSIP No. 425885 10 0 Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Neil J. Hennessy
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF
SHARES 632,822
BENEFICIALLY --------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING N/A
PERSON --------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
632,822
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8 SHARED DISPOSITIVE POWER
N/A
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
632,822
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
38.7%
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12 TYPE OF REPORTING PERSON*
IN
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*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.
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CUSIP No. 425885 10 0 Page 3 of 6 Pages
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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:
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425885 10 0
Item 3. If this statement is filed pursuant to Rules 13d-1(b), 13d-2(b) or
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13d-2(c), check whether the person filing is a:
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Inapplicable
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CUSIP No. 425885 10 0 Page 4 of 6 Pages
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Item 4. Ownership as of December 31, 2002.
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(a) Amount Beneficially Owned:
632,822 shares*
(b) Percent of Class:
38.7%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
632,822*
(ii) shared power to vote or to direct the vote:
Inapplicable
(iii) sole power to dispose or to direct the disposition of:
632,822*
(iv) shared power to dispose or to direct the disposition of:
Inapplicable
* Does not Include 22,500 shares subject to presently
exercisable employee stock options.
Item 5. Ownership of Five Percent or Less of a Class.
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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.
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Inapplicable
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CUSIP No. 425885 10 0 Page 5 of 6 Pages
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Item 7. Identification and Classification of the Subsidiary Which Acquired
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the Security Being Reported on By the Parent Holding Company.
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Inapplicable
Item 8. Identification and Classification of Members of the Group.
------ ---------------------------------------------------------
Inapplicable
Item 9. Notice of Dissolution of Group.
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Inapplicable
Item 10. Certification.
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(a) Inapplicable
(b) Inapplicable
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CUSIP No. 425885 10 0 Page 6 of 6 Pages
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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 25, 2005
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Date
/s/ Neil J. Hennessy
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Neil J. Hennessy