-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NKYmCMc04ZyD6hgPLE37y6zowCIH41xXjqhL40prxXAk+MhW6sfgYs1+0kk5ZxBI +Sf0cwkY3mjpA9/0h8PsjA== 0000914121-05-001455.txt : 20050802 0000914121-05-001455.hdr.sgml : 20050802 20050802090548 ACCESSION NUMBER: 0000914121-05-001455 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050802 DATE AS OF CHANGE: 20050802 GROUP MEMBERS: JOHN JOSEPH GORMAN AND TAMRA I. GORMAN GROUP MEMBERS: TEJAS SECURITIES GROUP, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SPACEHAB INC \WA\ CENTRAL INDEX KEY: 0001001907 STANDARD INDUSTRIAL CLASSIFICATION: GUIDED MISSILES & SPACE VEHICLES & PARTS [3760] IRS NUMBER: 911273737 STATE OF INCORPORATION: WA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-44975 FILM NUMBER: 05990115 BUSINESS ADDRESS: STREET 1: 12130 HIGHWAY 3 STREET 2: BUILDING 1 CITY: WEBSTER STATE: TX ZIP: 77598 BUSINESS PHONE: 7135585000 MAIL ADDRESS: STREET 1: 12130 HIGHWAY 3 STREET 2: BUILDING 1 CITY: WEBSTER STATE: TX ZIP: 77598 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Tejas Inc CENTRAL INDEX KEY: 0000869688 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] IRS NUMBER: 133577716 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 2700 VIA FORTUNA STREET 2: SUITE 400 CITY: AUSTIN STATE: TX ZIP: 78746 BUSINESS PHONE: 5123068222 MAIL ADDRESS: STREET 1: 2700 VIA FORTUNA STREET 2: SUITE 400 CITY: AUSTIN STATE: TX ZIP: 78746 FORMER COMPANY: FORMER CONFORMED NAME: WESTECH CAPITAL CORP DATE OF NAME CHANGE: 19930328 SC 13D/A 1 si714959-13da3.txt AMENDED GENERAL STATEMENT OF BEN. OWNERSHIP SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 3) SPACEHAB, Incorporated - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, no par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 846243103 - -------------------------------------------------------------------------------- (CUSIP Number) Tejas Incorporated (formerly Westech Capital Corp.) 8226 Bee Caves Road Austin, Texas 78746 Attention: President and Chief Operating Officer - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 27, 2005 - -------------------------------------------------------------------------------- (Dates 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 Rule 13d-l(e), 13d-l(f) or 13d-l(g), check the following box. [ ] (Continued on following pages) - ---------------------------- ------------------------- CUSIP No. 846243103 13D Page 2 of 8 - ---------------------------- ------------------------- - -------------------------------------------------------------------------------- 1. Name of Reporting Persons I. R. S. Identification Nos. of Above Persons (entities only) Tejas Incorporated (formerly Westech Capital Corp.) 13-3577716 - -------------------------------------------------------------------------------- 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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization: Delaware - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power 151,400 Shares Beneficially 8. Shared Voting Power 541,332 (1) Owned by Each Reporting 9. Sole Dispositive Power 151,400 Person With: 10. Shared Dispositive Power 541,332 (1) - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 692,732 (1) - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 5.5% (2) - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- (1) Tejas Incorporated and Tejas Securities Group, Inc., a wholly-owned subsidiary of Tejas Incorporated, share voting and dispositive power with respect to 541,332 shares of common stock, which are held in a proprietary trading account of Tejas Securities Group, Inc. (2) Assumes a total of 12,644,127 shares outstanding, based on the amount reported in SPACEHAB, Incorporated's most recent Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2005. - ---------------------------- ------------------------- CUSIP No. 846243103 13D Page 3 of 8 - ---------------------------- ------------------------- - -------------------------------------------------------------------------------- 1. Name of Reporting Persons I. R. S. Identification Nos. of Above Persons (entities only) Tejas Securities Group, Inc. 74-2696352 - ----------------------------------------------------------------------------- 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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - ----------------------------------------------------------------------------- 6. Citizenship or Place of Organization: Texas - ----------------------------------------------------------------------------- Number of 7. Sole Voting Power 0 Shares Beneficially 8. Shared Voting Power 541,332 (1) Owned by Each Reporting 9. Sole Dispositive Power 0 Person With: 10. Shared Dispositive Power 541,332 (1) - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 541,332 (1) - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 4.3% (2) - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- (1) Tejas Incorporated and Tejas Securities Group, Inc., a wholly-owned subsidiary of Tejas Incorporated, share voting and dispositive power with respect to 541,332 shares of common stock, which are held in a proprietary trading account of Tejas Securities Group, Inc. (2) Assumes a total of 12,644,127 shares outstanding, based on the amount reported in SPACEHAB, Incorporated's most recent Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2005. - ---------------------------- ------------------------- CUSIP No. 846243103 13D Page 4 of 8 - ---------------------------- ------------------------- - -------------------------------------------------------------------------------- 1. Name of Reporting Persons I. R. S. Identification Nos. of Above Persons (entities only) John Joseph Gorman and Tamra I. Gorman - -------------------------------------------------------------------------------- 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): John Joseph Gorman-PF; Tamra I. Gorman-OO - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization: United States - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power 187,783 (1) Shares Beneficially 8. Shared Voting Power 0 Owned by Each Reporting 9. Sole Dispositive Power 187,783 (1) Person With: 10. Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 187,783 (1) - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 1.5% (2) - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- (1) Mr. Gorman has sole voting and dispositive power with respect to 187,783 shares of common stock, which are held in his 401(k) account. (2) Assumes a total of 12,644,127 shares outstanding, based on the amount reported in SPACEHAB, Incorporated's most recent Quarterly Report on Form 10-Q for the fiscal quarter year ended March 31, 2005. - ---------------------------- ------------------------- CUSIP No. 846243103 13D Page 5 of 8 - ---------------------------- ------------------------- SCHEDULE 13D This Amendment No. 3 (this "Amendment") relates to the Schedule 13D filed on behalf of (i) Tejas Incorporated (formerly Westech Capital Corp.), a Delaware corporation ("Tejas"), (ii) Tejas Securities Group, Inc., a Texas corporation ("Tejas Securities"), (iii) John Joseph Gorman and (iv) Tamra I. Gorman (collectively, the "Reporting Persons"), with the Securities and Exchange Commission on September 14, 2004, as amended by Amendment No. 1 filed on October 18, 2004, as amended by Amendment No. 2 filed on October 29, 2004 (the "Schedule 13D"), relating to the shares of common stock (the "Common Stock") of SPACEHAB, Incorporated (the "Issuer"). Information with respect to each person filing this statement is given solely by such person and no person has responsibility for the accuracy or completeness of the information supplied by another person. Mr. Gorman's beneficial ownership of shares of Common Stock, as set forth in the previously filed Schedule 13D, included (i) 431,225 shares of Common Stock, which were held in his 401(k) account, (ii) 52,344 shares of Common Stock, which were held by the Ryleigh Gorman Trust, a trust organized under the laws of the State of Texas of which Mrs. Gorman is the sole trustee (the "Ryleigh Gorman Trust"), and (iii) 52,343 shares of Common Stock, which were held by the John Joseph Gorman V Trust, a trust organized under the laws of the State of Texas of which Mrs. Gorman is the sole trustee (the "John Joseph Gorman V Trust" and together with the Ryleigh Gorman Trust, the "Trusts"). Further, because at the time of the previously filed Schedule 13D Mr. Gorman owned 58% of the common stock of Tejas, Mr. Gorman's beneficial ownership of shares of Common Stock, as set forth in such filing, included (i) 151,400 shares of Common Stock, which were held by Tejas and (ii) 541,332 shares of Common Stock, which were held in a proprietary trading account of Tejas Securities. On July 27, 2005, all of the shares of Common Stock held by the Trusts were sold, and, therefore, Mr. Gorman no longer beneficially owns the Common Stock previously held by the Trusts. In addition, on July 27, 2005, 243,442 shares of Common Stock held by Mr. Gorman's 401(k) account were sold. Further, as of the date hereof, Mr. Gorman no longer holds a majority of the common stock of Tejas, and, as a result, he disclaims beneficial ownership of the shares of Common Stock that are beneficially owned by Tejas and Tejas Securities This Statement effectively terminates Mr. Gorman's obligations under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), because, as of July 27, 2005, Mr. Gorman is the beneficial owner of less than 5% of the outstanding Common Stock of the Issuer. Mrs. Gorman's beneficial ownership of shares of Common Stock, as set forth in the previously filed Schedule 13D, included (i) 52,344 shares of Common Stock, which were held by the Ryleigh Gorman Trust, and (ii) 52,343 shares of Common Stock, which were held by the John Joseph Gorman V Trust. On July 27, 2005, all of the shares of Common Stock held by the Trusts were sold, and therefore, Mrs. Gorman no longer beneficially owns the Common Stock previously held by the Trusts. This Statement effectively terminates Mrs. Gorman's obligations under Section 13(d) of the Exchange Act because, as of July 27, 2005, Mrs. Gorman is the beneficial owner of less than 5% of the outstanding Common Stock of the Issuer. Items 3 and 5 of the Schedule 13D are amended and supplemented as follows: - ---------------------------- ------------------------- CUSIP No. 846243103 13D Page 6 of 8 - ---------------------------- ------------------------- Item 3. Source and Amount of Funds As of the date hereof, Tejas directly holds 151,400 shares of Common Stock. Tejas acquired those shares prior to such date. The source of funds used to acquire such shares was the working capital of Tejas. The net investment cost (excluding commissions, if any) of the shares of Common Stock held by Tejas is $582,056. On September 13, 2004, Tejas Securities transferred 541,332 shares of Common Stock from a market-making account to its proprietary trading account. The net investment cost (excluding commissions, if any) of the shares of Common Stock held by Tejas Securities is $2,004,523. As of the date hereof, Mr. Gorman, through holdings in Mr. Gorman's 401(k) account, beneficially owns 187,783 shares of Common Stock. These shares were acquired at various times prior to such date. The source of the funds used to acquire such shares was the personal funds of Mr. Gorman. The net investment cost (excluding commissions, if any) of the shares of Common Stock held by Mr. Gorman is $225,431. Item 5. Interest in Securities of the Issuer (a) As of the date hereof, Tejas beneficially owns in the aggregate 692,732 shares of Common Stock, 151,400 of which are held directly by Tejas and 541,332 of which are held in a proprietary trading account for Tejas Securities, which represents 5.5% of the Issuer's outstanding Common Stock, which such percentage was calculated by dividing (i) the 692,732 shares of Common Stock beneficially owned by Tejas as of the date hereof, by (ii) 12,664,127 shares of Common Stock outstanding, based upon the Issuer's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2005. As of the date hereof, Tejas Securities beneficially owns 541,332 shares of Common Stock, which represents 4.3% of the Issuer's outstanding Common Stock, which such percentage was calculated by dividing (i) the 541,332 shares of Common Stock beneficially owned by Tejas Securities as of the date hereof, by (ii) 12,664,127 shares of Common Stock outstanding, based upon the Issuer's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2005. As of the date hereof, Mr. Gorman beneficially owns in the 187,783 shares of Common Stock, which represents 1.5% of the Issuer's outstanding Common Stock, which such percentage was calculated by dividing (i) the 187,783 shares of Common Stock beneficially owned by Mr. Gorman as of the date hereof, by (ii) 12,664,127 shares of Common Stock outstanding, based upon the Issuer's Quarterly Report on Form 10-Q filed for the fiscal quarter ended March 31, 2005. In addition, as of the date hereof, Mr. Inglehart, a director of Tejas and Tejas Securities, beneficially owns 7,500 shares of Common Stock, which shares are held directly by his spouse. - ---------------------------- ------------------------- CUSIP No. 846243103 13D Page 7 of 8 - ---------------------------- ------------------------- (b) Tejas has sole voting and dispositive power with respect to 151,400 shares of Common Stock. Tejas has shared voting and dispositive power with respect to 541,332 shares of Common Stock with Tejas Securities. Tejas Securities has shared voting and dispositive power with respect to 541,332 shares of Common Stock with Tejas. Mr. Gorman has sole voting and dispositive power with respect to 187,783 shares of Common Stock held in his 401(k) account. The filing of this Schedule 13D shall not be construed as an admission that Tejas or Tejas Securities is, for the purposes of Section 13(d) or 13(g) of the Exchange Act, the beneficial owner of any of the 187,783 shares of Common Stock held in Mr. Gorman's 401(k) account. The filing of this Schedule 13D shall not be construed as an admission that Mr. Gorman is, for the purposes of Section 13(d) or 13(g) of the Exchange Act, the beneficial owner of any of the 692,732 shares of Common Stock beneficially owned by Tejas or any of the 541,332 shares of Common Stock beneficially owned by Tejas Securities. (c) In addition to the purchases or sales of the Issuer's Common Stock listed in Item 5(c) of the Schedule 13D, the following is a list of all purchases or sales of the Issuer's Common Stock by the Reporting Persons within the past 60 days: On July 27, 2005, Mr. Gorman, through holdings in his 401(k) account, sold 243,442 shares of Common Stock at a price of $1.80 per share. On July 27, 2005, Mr. Gorman and Mrs. Gorman, through holdings in the Ryleigh Gorman Trust, sold 52,344 shares of Common Stock at a price of $1.80 per share. On July 27, 2005, Mr. Gorman and Mrs. Gorman, through holdings in the John Joseph Gorman V Trust, sold 52,343 shares of Common Stock at a price of $1.80 per share. (d) Not Applicable. (e) As of July 27, 2005, each of Mr. Gorman and Mrs. Gorman ceased to be beneficial owners of 5% or more of the outstanding Common Stock of the Issuer. - ---------------------------- ------------------------- CUSIP No. 846243103 13D Page 8 of 8 - ---------------------------- ------------------------- SIGNATURES 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. Date: August 2, 2005 Tejas Incorporated By: /s/ Kurt J. Rechner -------------------------------- Kurt J. Rechner, President and Chief Operating Officer Tejas Securities Group, Inc. By: /s/ Kurt J. Rechner --------------------------------- Kurt J. Rechner, President and Chief Operating Officer /s/ John Joseph Gorman ------------------------------------ John Joseph Gorman /s/ Tamra I. Gorman ------------------------------------ Tamra I. Gorman -----END PRIVACY-ENHANCED MESSAGE-----