SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
COMVEST INVESTMENT PARTNERS II LLC

(Last) (First) (Middle)
ONE NORTH CLEMATIS STREET, SUITE 300

(Street)
WEST PALM BEACH FL 33401

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SEQUENOM INC [ SQNM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock (par value $0.001) 10/01/2007 10/01/2007 S 500,000(1) D $7.45 942,424(2)(3)(4) D
Common Stock (par value $0.001) 10/01/2007 10/01/2007 J 50,288(5) D $0 892,136(2)(3)(4) D
Common Stock (par value $0.001) 10/02/2007 10/02/2007 S 810,608(6) D $8 81,528(2)(3)(4) D
Common Stock (par value $0.001) 10/02/2007 10/02/2007 J 81,528(7) D $0 0(2)(3)(4) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
COMVEST INVESTMENT PARTNERS II LLC

(Last) (First) (Middle)
ONE NORTH CLEMATIS STREET, SUITE 300

(Street)
WEST PALM BEACH FL 33401

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
ComVest Group Holdings, LLC

(Last) (First) (Middle)
ONE NORTH CLEMANTIS STREET
SUITE 300

(Street)
WEST PALM BEACH FL 33401

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
FALK MICHAEL

(Last) (First) (Middle)
ONE NORTH CLEMATIS STREET
SUITE 300

(Street)
WEST PALM BEACH FL 33401

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The Reporting Person sold these shares on October 1, 2007.
2. On the date hereof, ComVest II Partners, LLC ("ComVest II Partners"), by virtue of the fact that it is the managing member of the Reporting Person, has an indirect beneficial ownership interest in the shares and warrants held by the Reporting Person.
3. On the date hereof, ComVest Group Holdings, LLC ("CGH"), by virtue of the fact that it is the managing member of ComVest II Partners and, as such, controls the purchase and sale of investments by the Reporting Person, has an indirect beneficial ownership interest in the shares and warrants held by the Reporting Person.
4. On the date hereof, Michael S. Falk, by virtue of the fact that he is the managing member of CGH, and is on the Investment Committee for ComVest II partners and, as such, controls the purchase and sale of investments by the Reporting Person has an indirect beneficial ownership interest in the shares and Warrants held by the Reporting Person. He additionally has a direct beneficial ownership of 28,337 shares received in a prior distribution as an individual.
5. The Reporting Person distributed these shares to a member on October 1, 2007.
6. The Reporting Person sold these shares on October 2, 2007.
7. The Reporting Person distributed these shares to a member on October 2, 2007. Following this distribution, the Reporting Person is no longer a beneficial owner of more than 10% of the outstanding shares of the Issuer.
ComVest Investment Partners II LLC By: ComVest II Partners, LLC By: /s/ Cecilio Rodriguez, Cecilio Rodriguez, Treasurer 10/03/2007
ComVest Group Holdings, LLC By:/s/ Cecilio Rodriguez, Cecilio Rodriguez, Treasurer 10/03/2007
/s/ Michael S. Falk, Michael S. Falk, individually 10/03/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.