-----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, L93RCrgK3fATfTlp2SxKyqh5C0h7UI3klhukBB8xATfJ3Eg7VsEzTAtEbcYrAyCM FBNREP6mqiGxrGFkjkisdQ== 0000950130-97-004570.txt : 19971023 0000950130-97-004570.hdr.sgml : 19971023 ACCESSION NUMBER: 0000950130-97-004570 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971022 SROS: AMEX GROUP MEMBERS: PAUL TUDOR JONES II GROUP MEMBERS: THE RAPTOR GLOBAL FUND L.P. GROUP MEMBERS: THE RAPTOR GLOBAL FUND LTD. GROUP MEMBERS: THE UPPER MILL CAPITAL APPRECIATION FUND LTD. GROUP MEMBERS: TUDOR ARBITRAGE PARTNERS L.P. GROUP MEMBERS: TUDOR BVI FUTURES, LTD. GROUP MEMBERS: TUDOR GLOBAL TRADING LLC GROUP MEMBERS: TUDOR INVESTMENT CORP ET AL GROUP MEMBERS: TUDOR PROPRIETARY TRADING, L.L.C. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NOVOSTE CORP /FL/ CENTRAL INDEX KEY: 0001012131 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MEDICAL, DENTAL & HOSPITAL EQUIPMENT & SUPPLIES [5047] IRS NUMBER: 592787476 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-48367 FILM NUMBER: 97699222 BUSINESS ADDRESS: STREET 1: 4350-C INTERNATIONAL BLVD CITY: NORCROSS STATE: GA ZIP: 30093 BUSINESS PHONE: 7707170904 MAIL ADDRESS: STREET 1: 4350 C INTERNATIONAL BLVD CITY: NORCROSS STATE: GA ZIP: 30093 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TUDOR INVESTMENT CORP ET AL CENTRAL INDEX KEY: 0000923093 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: ONE LIBERTY PLAZA STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 MAIL ADDRESS: STREET 1: ONE LIBERTY PLAZA STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 SC 13D 1 STATEMENT OF BENEFICIAL OWNERSHIP SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. ) Novoste Corp. ------------ (Name of Issuer) Common Stock, par value $.01 per share -------------------------------------- (Title of Class of Securities) 67010C100 --------- (CUSIP Number) Andrew S. Paul, Esq. c/o Tudor Investment Corporation One Liberty Plaza (51st Floor) New York, New York 10006 (212) 602-6700 -------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 14, 1997 ---------------- (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(b)(3) or (4), check the following box [ ]. - -------------------- CUSIP NO. 67010C100 - -------------------- - ----------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Tudor Investment Corporation TIN: 22-2514825 - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X ] - ----------------------------------------------------------------- 3. SEC USE ONLY - ----------------------------------------------------------------- 4. SOURCE OF FUNDS OO - ----------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [X ] - ----------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 540,576 EACH ------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 WITH ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 540,576 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 540,576 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.4% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - ----------------------------------------------------------------- Page 2 - -------------------- CUSIP NO. 67010C100 - -------------------- - ----------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Paul Tudor Jones, II TIN: - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X ] - ----------------------------------------------------------------- 3. SEC USE ONLY - ----------------------------------------------------------------- 4. SOURCE OF FUNDS OO - ----------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - ----------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - ----------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 634,700 EACH ------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 WITH ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 634,700 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 634,700 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.5% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - ----------------------------------------------------------------- Page 3 - -------------------- CUSIP NO. 67010C100 - -------------------- - ----------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Raptor Global Fund Ltd. TIN: n/a - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X ] - ----------------------------------------------------------------- 3. SEC USE ONLY - ----------------------------------------------------------------- 4. SOURCE OF FUNDS OO - ----------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - ----------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - ----------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 161,900 EACH ------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 WITH ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 161,900 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 161,900 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.9% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - ----------------------------------------------------------------- Page 4 - -------------------- CUSIP NO. 67010C100 - -------------------- - ----------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Raptor Global Fund L.P. TIN: 13-3735415 - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X ] - ----------------------------------------------------------------- 3. SEC USE ONLY - ----------------------------------------------------------------- 4. SOURCE OF FUNDS OO - ----------------------------------------------------------------- 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 - ----------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 58,300 EACH ------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 WITH ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 58,300 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 58,300 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.7% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - ----------------------------------------------------------------- Page 5 - -------------------- CUSIP NO. 67010C100 - -------------------- - ----------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Tudor Arbitrage Partners L.P. TIN: 13-3496979 - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X ] - ----------------------------------------------------------------- 3. SEC USE ONLY - ----------------------------------------------------------------- 4. SOURCE OF FUNDS OO - ----------------------------------------------------------------- 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 - ----------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 34,500 EACH ------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 WITH ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 34,500 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 34,500 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.4% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - ----------------------------------------------------------------- Page 6 - -------------------- CUSIP NO. 67010C100 - -------------------- - ----------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Tudor Global Trading LLC TIN: 13-3862744 - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X ] - ----------------------------------------------------------------- 3. SEC USE ONLY - ----------------------------------------------------------------- 4. SOURCE OF FUNDS OO - ----------------------------------------------------------------- 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 - ----------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 34,500 EACH ------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 WITH ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 34,500 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 34,500 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.4% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ----------------------------------------------------------------- Page 7 - -------------------- CUSIP NO. 67010C100 - -------------------- - ----------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Tudor BVI Futures, Ltd. TIN: n/a - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X ] - ----------------------------------------------------------------- 3. SEC USE ONLY - ----------------------------------------------------------------- 4. SOURCE OF FUNDS OO - ----------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - ----------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - ----------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 206,468 EACH ------------------------------------------------- REPORTING SOLE DISPOSITIVE POWER PERSON 0 WITH ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 206,468 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 206,468 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.4% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - ----------------------------------------------------------------- Page 8 - -------------------- CUSIP NO. 67010C100 - -------------------- - ----------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Upper Mill Capital Appreciation Fund Ltd. TIN: n/a - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X ] - ----------------------------------------------------------------- 3. SEC USE ONLY - ----------------------------------------------------------------- 4. SOURCE OF FUNDS OO - ----------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - ----------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - ----------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 113,908 EACH ------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 WITH ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 113,908 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 113,908 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.3% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - ----------------------------------------------------------------- Page 9 - -------------------- CUSIP NO. 67010C100 - -------------------- - ----------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Tudor Proprietary Trading, L.L.C. TIN: 13-3720063 - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X ] - ----------------------------------------------------------------- 3. SEC USE ONLY - ----------------------------------------------------------------- 4. SOURCE OF FUNDS OO - ----------------------------------------------------------------- 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 - ----------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 59,624 EACH ------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 WITH ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 59,624 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 59,624 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.7% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ----------------------------------------------------------------- Page 10 Item 1. Security and Issuer ------------------- This Schedule 13D, dated October 22, 1997, relates to the common stock, par value $.01 per share ("Common Stock"), of Novoste Corp., a Florida corporation (the "Company"), filed by Tudor Investment Corporation, a Delaware corporation ("TIC"), Paul Tudor Jones, II, a natural person and a citizen of the United States ("Mr. Jones"), The Raptor Global Fund Ltd., a company organized under the laws of the Cayman Islands ("Raptor Ltd."), The Raptor Global Fund L.P., a Delaware limited partnership ("Raptor L.P."), Tudor Arbitrage Partners L.P., a Delaware limited partnership ("TAP"), Tudor Global Trading LLC, a Delaware limited liability company ("TGT"), Tudor BVI Futures, Ltd., a corporation organized under the laws of the British Virgin Islands ("Tudor BVI"), Tudor Proprietary Trading, L.L.C. ("TPT") and The Upper Mill Capital Appreciation Fund Ltd., a company organized under the laws of the Cayman Islands ("Upper Mill", and collectively with TIC, Mr. Jones, Raptor Ltd., Raptor L.P., TAP, TGT, TPT and Tudor BVI, the "Reporting Persons").* The summaries of information on schedules attached hereto are qualified in their entirety by reference to such schedules, which are incorporated by reference herein. The Company's principal executive offices are located at 4350-C International Boulevard, Norcross, Georgia 30093. Item 2. Identity and Background. ----------------------- The Reporting Persons are TIC, Mr. Jones, Raptor Ltd., Raptor L.P., TAP, TGT, Tudor BVI, Upper Mill and TPT. The business address of each of TIC, Mr. Jones, Raptor L.P., TAP and TGT is c/o Tudor Investment Corporation, 600 Steamboat Road, Greenwich, Connecticut 06830. The business address of each of Raptor Ltd., Tudor BVI and Upper Mill is c/o Curacao International Trust Company N.V., Kaya Flamboyan 9, Curacao, Netherlands Antilles. The business address of TPT is The Upper Mill, Kingston Road, Ewell, Surrey KT17 2AF, England. TIC is an international money management firm that provides investment advice to Raptor Ltd., Raptor L.P., Tudor BVI and Upper Mill, among others. Mr. Jones' principal employment is as Chairman and Chief Executive Officer of TIC of which he owns a majority of the capital stock and voting securities. - --------------- * For purposes of this Statement on Schedule 13D the Reporting Persons have filed as a "group". Nevertheless, the Reporting Persons hereby disclaim that they are members of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934 or for any other purpose. Page 11 Each of Raptor Ltd., Raptor L.P., TAP, Tudor BVI, TPT and Upper Mill is an investment fund which principally invests in debt, equity, derivative securities and other financial instruments for the benefit of the holders of its partnership, stock and other capital securities. TGT is the sole general partner of TAP. The name, residence or business address, present principal occupation or employment, the name, principal business and address of any corporation or other organization in which such employment is conducted and the citizenship of each natural person that is a director or executive officer of TIC, TGT, Raptor Ltd., Tudor BVI, TPT or Upper Mill is set forth on Schedule I hereto and is incorporated by reference herein. TIC is the sole general partner of Raptor L.P. During the last five years, none of the Reporting Persons, or to the best knowledge and belief of the Reporting Persons, any of the individuals listed on Schedule I hereto, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which any Reporting Person or any person listed on Schedule I was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting activities subject to, federal or state securities laws or finding any violation of such law, except as follows: On September 12, 1996, TIC settled a proceeding with the Securities and Exchange Commission (the "SEC") relating to alleged violations of the "uptick rule" in connection with certain sales of stock over a two day period in March 1994. Without admitting or denying the SEC's findings, TIC paid a civil penalty of $800,000, and agreed not to violate the uptick rule in the future. Item 3. Source and Amount of Funds or Other Consideration. ------------------------------------------------- The shares of Common Stock beneficially owned by each of Raptor Ltd., Raptor L.P., TAP, Tudor BVI, TPT and Upper Mill were acquired in open market purchases for cash. The sources of the funds used to purchase the shares of Common Stock by each of the Reporting Persons were (i) capital contributions to such Reporting Person,(ii) the proceeds of transactions with respect to prior investments held by such Reporting Persons and (iii) cash borrowed pursuant to margin loans with Morgan Stanley & Co. Incorporated, which margin loans are secured by all of the shares of Common Stock. Page 12 Item 4. Purpose of Transaction. ---------------------- Each of Raptor Ltd., Raptor L.P., TAP, Tudor BVI, TPT and Upper Mill initially acquired the Common Stock beneficially owned by such Reporting Person for investment purposes. Each of such Reporting Persons intends to continue to evaluate their respective investments in Common Stock based on the Company's financial condition, results of operations and prospects as well as other then existing or anticipated facts and circumstances including general economic, market and other financial conditions. Accordingly, each of the Reporting Persons reserves the right to change its plans and intentions with respect to its investment in securities of the Company at any time, as it deems appropriate. In particular, each of the Reporting Persons may at any time and from time to time (i) acquire additional shares of Common Stock, (ii) dispose of Common Stock, or (iii) enter into privately negotiated derivative transactions with institutional counterparties to hedge the market risk of some or all of its positions in the Common Stock. There can be no assurance that any Reporting Person will increase or decrease its investment in the Company or as to the number of shares of Common Stock or derivative securities that may be bought or sold in any such transactions. Except as set forth in this Schedule 13D, none of the Reporting Persons currently has any plans or proposals which relate to or would result in any of the transactions, actions or events enumerated in paragraphs (a) through (j) of the instructions to Item 4 of Schedule 13D. Item 5. Interest in Securities of the Issuer. ------------------------------------ Attached hereto as Schedule II is a list of the transactions by each of the Reporting Persons in Common Stock within the past sixty days. Because TIC is the sole general partner of Raptor L.P. and provides investment advisory services to Raptor Ltd., Raptor L.P., Tudor BVI and Upper Mill, TIC may be deemed to beneficially own the shares of Common Stock owned by each of such Reporting Persons. TGT, as the sole general partner of TAP, may be deemed to beneficially own the shares of Common Stock owned by TAP. In addition, because Mr. Jones owns a majority of the capital stock and voting securities of TIC and indirectly owns a majority of the equity interests in TGT and TPT, Mr. Jones may be deemed to beneficially own the shares of Common Stock deemed beneficially owned by TIC, TPT and TGT. Based on the information contained in the Company's Form 10-Q for the quarter ended June 30, 1997 that there were 8,491,000 shares of Common Stock issued and outstanding as of July 30, 1997, each Reporting Person beneficially owns (or, with respect to TIC, Page 13 Mr. Jones and TGT, may be deemed to beneficially own) the number and percentage of outstanding shares of Common Stock listed in the responses to Items 11 and 13, respectively, of the cover page filed herewith for such Reporting Person. In addition, the number of shares of Common Stock beneficially owned (or, with respect to TIC, Mr. Jones and TGT, which may be deemed beneficially owned) by each Reporting Person with respect to which such Reporting Person (i) has sole voting power, (ii) shares voting power, (iii) has sole dispositive power and (iv) shares dispositive power are listed in the responses to Items 7, 8, 9 and 10, respectively, of the cover page filed herewith for such Reporting Person. The voting and dispositive power is reported as shared because each of the Reporting Persons (other than TIC, TAP, TGT, TPT and Mr. Jones) has the power to remove TIC as its investment advisor or general partner. Each of the Reporting Persons (other than TIC, TGT and Mr. Jones) expressly disclaim beneficial ownership of the shares of Common Stock beneficially owned by any other Reporting Person and each of TIC, Mr. Jones and TGT disclaim beneficial ownership of the Common Stock beneficially owned by Raptor Ltd., Raptor L.P., TAP, Tudor BVI, Upper Mill, TPT and, in the case of TIC and Mr. Jones, TGT. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer ------------------------------------------ None. Item 7. Material to Be Filed as Exhibits -------------------------------- (1) Joint Filing Agreement Page 14 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Schedule 13D is true, complete and correct. Dated: October 22, 1997 TUDOR INVESTMENT CORPORATION By: \s\ Andrew S. Paul ------------------------- Name: Andrew S. Paul Title: Vice President & General Counsel \s\ Paul Tudor Jones, II ---------------------------- Paul Tudor Jones, II THE RAPTOR GLOBAL FUND LTD. By: TUDOR INVESTMENT CORPORATION, Trading Advisor By: \s\ Andrew S. Paul ------------------------- Name: Andrew S. Paul Title: Vice President & General Counsel THE RAPTOR GLOBAL FUND L.P. By: TUDOR INVESTMENT CORPORATION, General Partner By: \s\ Andrew S. Paul ------------------------- Name: Andrew S. Paul Title: Vice President & General Counsel Page 15 TUDOR ARBITRAGE PARTNERS L.P. By: TUDOR GLOBAL TRADING LLC, General Partner By: \s\ Andrew S. Paul ------------------------- Name: Andrew S. Paul Title: Vice President & General Counsel TUDOR GLOBAL TRADING LLC By: \s\ Andrew S. Paul ------------------------- Name: Andrew S. Paul Title: Vice President & General Counsel TUDOR BVI FUTURES, LTD. By: TUDOR INVESTMENT CORPORATION, Trading Advisor By: \s\ Andrew S. Paul ------------------------- Name: Andrew S. Paul Title: Vice President & General Counsel THE UPPER MILL CAPITAL APPRECIATION FUND LTD. By: TUDOR INVESTMENT CORPORATION, Sub-Investment Manager By: \s\ Andrew S. Paul ------------------------- Name: Andrew S. Paul Title: Vice President & General Counsel Page 16 TUDOR PROPRIETARY TRADING, L.L.C. By: \s\ Andrew S. Paul ------------------------- Name: Andrew S. Paul Title: Vice President & General Counsel Page 17 Schedule I EXECUTIVE OFFICERS AND DIRECTORS OF THE REPORTING PERSONS I. TIC The name, residence or business address, present principal occupation or employment, the name, principal business and address of any corporation or other organization in which such employment is conducted and the citizenship of each executive officer or director of TIC is set forth below. Unless otherwise indicated (i) the principal occupation or employment of such person is as an executive officer or director of TIC, (ii) the business address of such person is c/o TIC at the address of TIC set forth under Item 2 of this Schedule 13D, (iii) such person is a citizen of the United States and (iv) to the knowledge of the Reporting Persons, such person does not beneficially own and has not had any transactions in the Common Stock. Principal Occupation/ Name Business Address - ---- ---------------- Paul Tudor Jones, II* Chairman of the Board of Directors, Chief Executive Officer of TIC. Mark F. Dalton Director, President and Chief Operating Officer of TIC. James J. Pallotta Director and Vice President of TIC. David E. Allanson Director of TIC. Mr. Allanson trades in Citizen of United securities and other financial instruments Kingdom for TPT and certain investment funds advised by Tudor Capital (U.K.), L.P., both of which are located at The Upper Mill, Kingston Road, Ewell, Surrey KT17 2AF, England. Andrew S. Paul Director, Vice President, General Counsel and Corporate Secretary of TIC. Richard L. Fisher Director of TIC. Mr. Fisher is Vice President of Investments and Acquisitions and a Managing Director of Dunavant Enterprises, Inc., 3797 Getwell Road, Memphis, TN 38118. Mark Pickard Director, Vice President and Chief Financial Officer of TIC. Robert P. Forlenza Director and Vice President of TIC. - --------------- * See Item 5 of this Schedule 13D for a discussion of Mr. Jones' potential beneficial ownership of Common Stock. Page 18 II. RAPTOR LTD. The name, residence or business address, present principal occupation or employment, the name, principal business and address of any corporation or other organization in which such employment is conducted and the citizenship of each executive officer or director of Raptor Ltd. is set forth below. Unless otherwise indicated (i) the principal occupation or employment of such person is as set forth below, (ii) the business address of such person is c/o Inter Caribbean Services Ltd., (iii) such person is a citizen of the country set forth below and (iv) to the knowledge of the Reporting Persons, such person does not beneficially own and has not had any transactions in the Common Stock. Principal Occupation/ Name Business Address - ---- ---------------- Inter Caribbean Services Ltd. Director of Raptor Ltd. The principal Incorporated in British place of business of Inter Caribbean Virgin Islands Services Ltd. is c/o Curacao International Trust Company N.V. ("CITCO"), Kaya Flamboyan 9, Curacao, Netherlands Antilles. Bernard A. Loze Director of Raptor Ltd. Chairman and Citizen of France Chief Executive Officer of Loze et Associe, 43, Avenue Marceau, Paris 75116, France, which is a consulting firm that provides financial and investment advice to international clients. Arpad A. Busson Director of Raptor Ltd. Chairman of Citizen of France European Investment Managers, c/o Harney, Westwood & Riegels, P.O. Box 71, Road Town, Tortola, British Virgin Islands, which is a consulting and money management firm. Jean-Pierre Jacquemoud Director of Raptor Ltd. Attorney, Citizen of Switzerland Jacquemoud & Stanislas, 2, rue Bellow, Geneva 1206, Switzerland. Page 19 III. TUDOR GLOBAL TRADING LLC The name and present principal occupation or employment of each executive officer of TGT is set forth below. Each of such persons holds identical titles for TIC and TGT. The business address of such person is c/o TIC at the address of TIC set forth under Item 2 of this Schedule 13D, each such person is a citizen of the United States and to the knowledge of the Reporting Persons, such person does not beneficially own and has not had any transactions in the Common Stock. Name Principal Occupation - ---- -------------------- Paul Tudor Jones, II* Chairman of the Board of Directors, Chief Executive Officer of TIC. Mark F. Dalton Director, President and Chief Operating Officer of TIC. James J. Pallotta Director and Vice President of TIC. Andrew S. Paul Director, Vice President, General Counsel and Corporate Secretary of TIC. Mark Pickard Director, Vice President and Chief Financial Officer of TIC. Robert P. Forlenza Director and Vice President of TIC. - --------------- * See Item 5 of this Schedule 13D for a discussion of Mr. Jones' potential beneficial ownership of Common Stock. Page 20 IV. TUDOR BVI The name, residence or business address, present principal occupation or employment, the name, principal business and address of any corporation or other organization in which such employment is conducted and the citizenship of each executive officer or director of Tudor BVI is set forth below. To the knowledge of the Reporting Persons, the below listed persons neither currently beneficially own nor have had any transactions in the Common Stock. Principal Occupation/ Name Business Address - ---- ---------------- Inter Caribbean Services Ltd. Director of Tudor BVI. See information under Raptor Ltd. David P. d'Abrumenil Director of Tudor BVI. Citizen of United Kingdom Chairman, Lionspring Enterprises Limited, 36 John Street, London WC1N 2AT, England, which is a financial consulting firm. Jean-Pierre Jacquemoud Director of Tudor BVI. See information under Raptor Ltd. Bernard A. Loze Director of Tudor BVI. See information under Raptor Ltd. Arpad A. Busson Director of Tudor BVI. See information under Raptor Ltd. Karl-Erbo G. Kageneck Director of Tudor BVI. Attorney, TMW/AG, Wittelsbacher Platz 1, Munich Germany 80333 Page 21 V. THE UPPER MILL CAPITAL APPRECIATION FUND LTD. The name, residence or business address, present principal occupation or employment, the name, principal business and address of any corporation or other organization in which such employment is conducted and the citizenship of each executive officer or director of Upper Mill is set forth below. To the knowledge of the Reporting Persons, the below listed persons neither currently beneficially own nor have had any transactions in the Common Stock. Principal Occupation/ Name Business Address - ---- ---------------- Inter Caribbean Services Ltd. Director of Upper Mill. See information under Raptor Ltd. Jean-Pierre Jacquemoud Director of Upper Mill. See information under Raptor Ltd. Arpad A. Busson Director of Upper Mill. See information under Raptor Ltd. Karl-Erbo G. Kageneck Director of Upper Mill. See information under Tudor BVI. Anthony J. Stocks Director of Upper Mill. Managing Director, Curacao International Trust Company N.V., Kaya Flamboyan 9, Curacao, Netherlands Antilles, which provides administrative and other services to investment funds. Page 22 VI. TUDOR PROPRIETARY TRADING, L.L.C. The name and present principal occupation or employment of each executive manager of TPT is set forth below. Each of such persons is a director or officer of TIC. The business address of each such person is c/o TIC at the address set forth under Item 2 of this Schedule 13D, with the exception of Mr. Allanson whose business address is c/o TPT at the address set forth under Item 2 of this Schedule 13D. Each such person is a citizen of the United States, with the exception of Mr. Allanson who is a citizen of the United Kingdom. To the knowledge of the Reporting Persons, such person does not beneficially own and has not had any transactions in the Common Stock. Name Principal Occupation - ---- -------------------- Paul Tudor Jones, II* Chairman of the Board of Directors, Chief Executive Officer of TIC. Mark F. Dalton Director, President and Chief Operating Officer of TIC. James J. Pallotta Director and Vice President of TIC. Andrew S. Paul Director, Vice President, General Counsel and Corporate Secretary of TIC. David E. Allanson Director of TIC and Vice President of TPT. Mark Pickard Director, Vice President and Chief Financial Officer of TIC. Robert P. Forlenza Director and Vice President of TIC. - --------------- * See Item 5 of this Schedule 13D for a discussion of Mr. Jones' potential beneficial ownership of Common Stock. Page 23 Schedule II TRANSACTIONS All shares of Common Stock were purchased or sold in open market transactions for cash. Tudor BVI - --------- Date Transaction # Shares $/Share - ---- ----------- -------- ------- 9/29/97 Purchase 7,900 $16.2188 10/1/97 Purchase 7,700 $16.2500 10/3/97 Purchase 31,500 $16.7500 10/6/97 Purchase 18,900 $17.3979 10/8/97 Purchase 8,100 $17.5000 10/9/97 Purchase 17,400 $17.7500 10/13/97 Purchase 15,600 $17.7604 10/13/97 Purchase 12,600 $17.7604 10/13/97 Purchase 15,700 $17.6875 10/14/97 Purchase 5,068 $18.1404 10/14/97 Purchase 3,100 $18.2500 10/16/97 Purchase 58,200 $19.2500 10/17/97 Purchase 1,600 $18.1875 10/17/97 Purchase 3,100 $18.3750 Total Common Stock beneficially owned as of the date of this Schedule 13D: 206,468 Raptor L.P. - ----------- Date Transaction # Shares $/Share - ---- ----------- -------- ------- 9/29/97 Purchase 3,100 $16.2188 10/1/97 Purchase 3,000 $16.2500 10/3/97 Purchase 12,300 $16.7500 10/6/97 Purchase 7,400 $17.3979 10/8/97 Purchase 3,200 $17.5000 10/9/97 Purchase 6,800 $17.7500 10/13/97 Purchase 6,100 $17.7604 10/13/97 Purchase 3,400 $17.6875 10/14/97 Purchase 1,100 $18.1404 10/14/97 Purchase 700 $18.2500 10/16/97 Purchase 10,200 $19.2500 10/17/97 Purchase 300 $18.1875 10/17/97 Purchase 700 $18.3750 Total Common Stock beneficially owned as of the date of this Schedule 13D: 58,300 Page 24 TAP - --- Date Transaction # Shares $/Share - ---- ----------- -------- ------- 9/26/97 Purchase 21,300 $16.3668 9/26/97 Purchase 800 $16.2917 9/29/97 Purchase 900 $16.2188 10/1/97 Purchase 900 $16.2500 10/3/97 Sale 19,400 $16.7500 10/3/97 Purchase 4,800 $16.7500 10/6/97 Purchase 4,300 $17.3979 10/8/97 Purchase 3,600 $17.5000 10/9/97 Purchase 4,000 $17.7500 10/13/97 Purchase 3,700 $17.7604 10/13/97 Purchase 2,000 $17.6875 10/14/97 Purchase 600 $18.1404 10/14/97 Purchase 400 $18.2500 10/16/97 Purchase 6,000 $19.2500 10/17/97 Purchase 200 $18.1875 10/17/97 Purchase 400 $18.3750 Total Common Stock beneficially owned as of the date of this Schedule 13D: 34,500 Raptor Ltd. - ----------- Date Transaction # Shares $/Share - ---- ----------- -------- ------- 9/29/97 Purchase 8,100 $16.2188 10/1/97 Purchase 8,400 $16.2500 10/3/97 Purchase 34,600 $16.7500 10/6/97 Purchase 20,700 $17.3979 10/8/97 Purchase 8,700 $17.5000 10/9/97 Purchase 18,800 $17.7500 10/13/97 Purchase 17,000 $17.7604 10/13/97 Purchase 9,400 $17.6875 10/14/97 Purchase 3,100 $18.1404 10/14/97 Purchase 1,900 $18.2500 10/16/97 Purchase 28,300 $19.2500 10/17/97 Purchase 1,000 $18.1875 10/17/97 Purchase 1,900 $18.3750 Total Common Stock beneficially owned as of the date of this Schedule 13D: 161,900 Page 25 Upper Mill - ---------- Date Transaction # Shares $/Share - ---- ----------- -------- ------- 9/26/97 Purchase 54,700 $16.3668 9/26/97 Purchase 2,200 $16.2917 10/3/97 Sale 49,700 $16.7500 10/3/97 Purchase 900 $16.7500 10/6/97 Purchase 3,200 $17.3979 10/8/97 Purchase 1,400 $17.5000 10/9/97 Purchase 3,000 $17.7500 10/13/97 Purchase 21,950 $17.7604 10/13/97 Purchase 12,250 $17.6875 10/14/97 Purchase 3,983 $18.1404 10/14/97 Purchase 2,450 $18.2500 10/16/97 Purchase 53,950 $19.2500 10/17/97 Purchase 1,175 $18.1875 10/17/97 Purchase 2,450 $18.3750 Total Common Stock beneficially owned as of the date of this Schedule 13D: 113,908 Tudor Proprietary Trading, L.L.C. - --------------------------------- Date Transaction # Shares $/Share - ---- ----------- -------- ------- 10/13/97 Purchase 13,050 $17.7604 10/13/97 Purchase 7,250 $17.6875 10/14/97 Purchase 2,349 $18.1404 10/14/97 Purchase 1,450 $18.2500 10/16/97 Purchase 33,350 $19.2500 10/17/97 Purchase 725 $18.1875 10/17/97 Purchase 1,450 $18.3750 Total Common Stock beneficially owned as of the date of this Schedule 13D: 59,624 Page 26 EXHIBIT INDEX - ------------- Exhibit No. Description - ----------- ------------------- (1) Joint Filing Statement Page 27 EXHIBIT 1 JOINT FILING AGREEMENT Pursuant to Rule 13d-1(f) of the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing of the Schedule 13D and any amendments thereto, relating to the Common Stock, par value $.01 per share, of Novoste Corporation and the inclusion of this Joint Filing Agreement as an Exhibit to such Joint Filings. Each party to this Joint Filing Agreement expressly authorizes each other party to file on its behalf any and all amendments to such Statement. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, and all of which shall constitute one and the same instrument. Dated: October 22, 1997 TUDOR INVESTMENT CORPORATION By: \s\ Andrew S. Paul ------------------------- Name: Andrew S. Paul Title: Vice President & General Counsel \s\ Paul Tudor Jones, II ---------------------------- Paul Tudor Jones, II THE RAPTOR GLOBAL FUND LTD. By: TUDOR INVESTMENT CORPORATION, Trading Advisor By: \s\ Andrew S. Paul --------------------- Name: Andrew S. Paul Title: Vice President & General Counsel Page 28 THE RAPTOR GLOBAL FUND L.P. By: TUDOR INVESTMENT CORPORATION, General Partner By: \s\ Andrew S. Paul --------------------- Name: Andrew S. Paul Title: Vice President & General Counsel TUDOR ARBITRAGE PARTNERS L.P. By: TUDOR GLOBAL TRADING LLC, General Partner By: \s\ Andrew S. Paul ------------------------ Name: Andrew S. Paul Title: Vice President & General Counsel TUDOR GLOBAL TRADING LLC By: \s\ Andrew S. Paul ------------------------- Name: Andrew S. Paul Title: Vice President & General Counsel TUDOR BVI FUTURES, LTD. By: TUDOR INVESTMENT CORPORATION, Trading Advisor By: \s\ Andrew S. Paul --------------------- Name: Andrew S. Paul Title: Vice President & General Counsel Page 29 THE UPPER MILL CAPITAL APPRECIATION FUND LTD. By: TUDOR INVESTMENT CORPORATION, Sub-Investment Manager By: \s\ Andrew S. Paul --------------------- Name: Andrew S. Paul Title: Vice President & General Counsel TUDOR PROPRIETARY TRADING, L.L.C. By: \s\ Andrew S. Paul ------------------------ Name: Andrew S. Paul Title: Vice President & General Counsel Page 30 -----END PRIVACY-ENHANCED MESSAGE-----