-----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, DgyRK/YkKR26VZqP+JPJgbpfg8QpHADz6jQAcfrLt85SladXLMbIBiZI2ME4m89r UnZuyB52TSDLhAmhe45ZRQ== /in/edgar/work/0000950172-00-001740/0000950172-00-001740.txt : 20001016 0000950172-00-001740.hdr.sgml : 20001016 ACCESSION NUMBER: 0000950172-00-001740 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20001013 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DEPOMED INC CENTRAL INDEX KEY: 0001005201 STANDARD INDUSTRIAL CLASSIFICATION: [8731 ] IRS NUMBER: 943229046 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-53683 FILM NUMBER: 739880 BUSINESS ADDRESS: STREET 1: 366 LAKESIDE DRIVE CITY: FOSTER CITY STATE: CA ZIP: 94404-1167 BUSINESS PHONE: 6505130990 MAIL ADDRESS: STREET 1: 1170 B CHESS DRIVE CITY: FOSTER CITY STATE: CA ZIP: 94404 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DRAPKIN DONALD G CENTRAL INDEX KEY: 0001046392 STANDARD INDUSTRIAL CLASSIFICATION: [0000 ] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: PROXYMED STREET 2: 2555 DAVIE RD STE 110 CITY: FT LAUDERDALE STATE: FL ZIP: 33317 BUSINESS PHONE: 9544731001 MAIL ADDRESS: STREET 1: PROXYMED STREET 2: 2555 DAVIE RD STE 110 CITY: FT LAUDERDALE STATE: FL ZIP: 33317 SC 13D 1 0001.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a) DEPOMED, INC. - ------------------------------------------------------------------------------ (Name of Issuer) COMMON STOCK, NO PAR VALUE - ------------------------------------------------------------------------------ (Title of Class of Securities) 249908104 - ------------------------------------------------------------------------------ (CUSIP Number) DONALD G. DRAPKIN 35 E. 62nd St. New York, NY 10021 (212) 572-8440 - ------------------------------------------------------------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 5, 2000 - ------------------------------------------------------------------------------ (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ] NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedules, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. CUSIP No. 249908104 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON. Donald G. Drapkin - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS PF - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): [ ] - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA - ------------------------------------------------------------------------------ NUMBER OF 7. SOLE VOTING POWER 426,100 SHARES -------------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER 0 OWNED BY EACH -------------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER 426,100 PERSON WITH: -------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 0 -------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 426,100 - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.9% - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------ ITEM 1. SECURITY AND ISSUER. This statement relates to the shares of common stock, no par value (the "Common Stock"), of Depomed, Inc., a California corporation (the "Company"). The Company has its principal executive offices at 1360 O'Brien Drive, Menlo Park, California 94025. The telephone number at that address is (650) 462-5900. ITEM 2. IDENTITY AND BACKGROUND. This statement is being filed by Donald G. Drapkin. Mr. Drapkin's principal occupation is Director and Vice Chairman of MacAndrews & Forbes Holdings, Inc. Mr. Drapkin's principal business address is 35 E. 62nd St., New York, New York 10021. During the last five years Mr. Drapkin has not been (a) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (b) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. As of October 10, 2000, Mr. Drapkin has invested $1,801,422.97 of his personal funds to acquire shares of Common Stock. ITEM 4. PURPOSE OF TRANSACTION. Mr. Drapkin acquired the shares of Common Stock reported herein for investment purposes. In this connection, Mr. Drapkin expects to evaluate on an ongoing basis his investment in the Company, and may from time to time acquire shares of Common Stock, dispose of shares of Common Stock or formulate other purposes, plans or proposals regarding the Company or the Common Stock held by Mr. Drapkin to the extent deemed advisable in light of general investment policies, market conditions and other factors. Any such acquisitions or dispositions may be made, subject to applicable law, in open market or privately negotiated transactions or otherwise. Mr. Drapkin may also contact the Company and/or other shareholders regarding potential strategies to increase shareholder value. Other than as described above, Mr. Drapkin does not have any plans or proposals which relate to or would result in any of the actions or transactions specified in clauses (a) through (j) of Item 4 of Schedule 13D. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a)-(b) As of June 30, 2000, based on information provided by the Company, there were 7,189,363 shares of Common Stock outstanding. Mr. Drapkin is currently the beneficial owner of 426,100 shares of Common Stock, representing 5.9% of the Common Stock then outstanding. Mr. Drapkin has the sole power to vote and dispose of the shares of Common Stock held by him. Except as set forth in this Item 5, Mr. Drapkin does not beneficially own any shares of Common Stock. (c) Other than the transactions described in Item 4 of this Schedule 13D or set forth in the table below, there were no transactions by Mr. Drapkin with respect to shares of Common Stock during the past 60 days. The following table sets forth transactions in shares of Common Stock effected by Mr. Drapkin during the past 60 days: Date Nature of Transaction Number of Shares Price per Share - ---- --------------------- ---------------- --------------- 10/02/00 Purchase 18,000 $2.625 10/5/00 Purchase 19,600 $3.527 10/9/00 Purchase 8,000 $4.125 10/9/00 Purchase 1,300 $4.063 10/9/00 Purchase 200 $4.000 10/9/00 Purchase 6,000 $4.313 10/9/00 Purchase 7,500 $4.250 10/10/00 Purchase 7,000 $4.3125 10/10/00 Purchase 15,000 $4.375 10/10/00 Purchase 2,500 $4.500 10/10/00 Purchase 9,500 $4.1875 10/10/00 Purchase 19,500 $4.250 10/10/00 Purchase 1,000 $4.125 (d) Not applicable. (e) Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Not applicable. ITEM 7. MATERIALS TO BE FILED AS EXHIBITS. Not applicable. 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. Date: October 13, 2000 /s/ Donald G. Drapkin ------------------------------------ Donald G. Drapkin -----END PRIVACY-ENHANCED MESSAGE-----