UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Amendment No. 1*
HPEV, Inc.
(Name of Issuer)
Common Stock, par value $.001 per share
(Title of Class of Securities)
404273 10 4
(CUSIP Number)
Jay A. Palmer
Spirit Bear Limited
1470 1st Avenue – No. 4A
New York, NY 10075
Tel.: 212-717-5425
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 8, 2013
(Date of Event which Requires Filing 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).
| CUSIP No. 404273 10 4 | 13D | Page 2 of 4 Pages | ||
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) EIN 27-1347181 | |||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a)¨ (b)¨ | |||
| 3. | SEC USE ONLY | |||
| 4. | SOURCE OF FUNDS (see instructions) WC | |||
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨ | |||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER 9,691,054 | ||
| 8. | SHARED VOTING POWER 0 | |||
| 9. | SOLE DISPOSITIVE POWER 9,691,054 | |||
| 10. | SHARED DISPOSITIVE POWER 0 |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,691,054 | |||
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)¨ | |||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 16.4% | |||
| 14. | TYPE OF REPORTING PERSON (see instructions) CO |
| CUSIP No. 404273 10 4 | 13D | Page 3 of 4 Pages | ||
Item1.SecurityandIssuer.
ThisAmendmentNo.1amendsandsupplementsthestatementonSchedule13DfiledwiththeSecuritiesand ExchangeCommission onDecember21,2012,withrespect tothe commonstock,parvalue$0.001pershare,ofHPEV,Inc.[symbolOTCQB:WARM](the“CommonStock”).
TheaddressofHPEV,Inc. (the“Issuer”)is:
HPEV,Inc.
27420BreakersDrive
WesleyChapel,FL33544
ThisAmendmentNo.1isbeingfiled toreflectthedispositionofPreferredSharesand warrants,eachconvertibleintotheCommonStockoftheIssuer.Exceptasamendedandsupplementedherein,theinformationsetforthinthe originalSchedule13Dfilingremainstrueand correctinallmaterialrespects.
Item5.InterestinSecuritiesoftheIssuer.
(a)and(b)AsofIssuer’smostrecentForm10Qforthe quarterendedSeptember30,2012,there are 47,646,441sharesofHPEVCommonStock outstanding.Reporting Personhasdisposedof40sharesofSeriesA PreferredstockofIssuer,as a result of whichReporting Personcontinuestoown 160sharesofSeries APreferredstock ofIssuer,whichareconvertible into3,200,000shares ofHPEVCommonStock.Further,ReportingPersonhas disposed ofwarrantsfor 1,000,000shares ofHPEVCommon Stock, asa resultofwhichReporting Personcontinuesto ownwarrantsconvertible into 6,491,054sharesofHPEVCommon Stock. Based onthetotal of9,691,054shares of CommonStock (thesumofthe3,200,000shares intowhichReporting Person’s Preferred Shares areconvertible plusthe6,491,054shares whichwouldbe acquired uponexercise of thewarrants),ReportingPersonhas aSixteen andFourTenths percent (16.4%) interest in 59,137,495shares ofIssuerHPEV,Inc.’s $.001parvalueCommon Stock.
| CUSIP No. 404273 10 4 | 13D | Page 4 of 4 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.
| SPIRIT BEAR LIMITED |
/s/ Jay A. Palmer |
President |
February 8, 2013 |
