-----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, TFNJWO9QLsd8PjGTwukcxqjooPUdO3lUFPubHqYnu7IeHI1FDLW79wK4AFM7rBDN OR66kbiEwxyHjtAaTG/Lfg== 0000904454-05-000006.txt : 20050111 0000904454-05-000006.hdr.sgml : 20050111 20050111152429 ACCESSION NUMBER: 0000904454-05-000006 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050111 DATE AS OF CHANGE: 20050111 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CONSTELLATION VENTURE CAPITAL II LP CENTRAL INDEX KEY: 0001115990 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 575 LEXINGTON AVE CITY: NEW YORK STATE: NY ZIP: 10022 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SAVVIS COMMUNICATIONS CORP CENTRAL INDEX KEY: 0001058444 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 431809960 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-58667 FILM NUMBER: 05523414 BUSINESS ADDRESS: STREET 1: 1 SAVVIS PARKWAY CITY: TOWN & COUNTRY STATE: MO ZIP: 63017 BUSINESS PHONE: 314-638-7000 MAIL ADDRESS: STREET 1: 1 SAVVIS PARKWAY CITY: TOWN & COUNTRY STATE: MO ZIP: 63017 FORMER COMPANY: FORMER CONFORMED NAME: SAVVIS HOLDINGS CORP DATE OF NAME CHANGE: 19991020 SC 13D/A 1 s13da_1228-2004cvcii.txt SCHEDULE 13D, AMENDMENT NO. 2 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13D-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(a) (Amendment No. 2)(1) SAVVIS COMMUNICATIONS CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 805423 10 0 - -------------------------------------------------------------------------------- (CUSIP Number) Bear Stearns Asset Management Inc. Ropes & Gray LLP 383 Madison Avenue 45 Rockefeller Plaza New York, New York 10179 New York, New York 10111 (212) 272-9256 (212) 841-5700 Attention: Clifford H. Friedman Attention: Kristopher D. Brown, Esq. - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 9, 2004 - -------------------------------------------------------------------------------- (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 ss.ss. 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 ss.240.13d-7 for other parties to whom copies are to be sent. - ------------------------------ (1) 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. 805423 10 0 Page 2 of 9 1. Name of Reporting Person Constellation Venture Capital II, L.P. I.R.S. Identification 13-4124531 No. of Above Person (Entities Only) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box (a) |X| if a Member of a Group (b) |_| - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds OO - -------------------------------------------------------------------------------- 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 24,836,029 shares of SHARES Power Common Stock BENEFICIALLY -------------------------------------------------- OWNED BY EACH 8. Shared Voting Power REPORTING PERSON WITH -------------------------------------------------- 9. Sole Disposi- 24,836,029 shares of tive Power -------------------------------------------------- 10. Shared Disposi- Power 11. Aggregate Amount Beneficially 24,836,029 shares of Owned by Each Reporting Person Common Stock - -------------------------------------------------------------------------------- 12. Check If The Aggregate Amount In Row (11) Excludes Certain Shares |_| - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount In Row (11) 12.3% - -------------------------------------------------------------------------------- 14. Type of Reporting Person PN CUSIP No. 805423 10 0 Page 3 of 9 1. Name of Reporting Person Constellation Venture Capital I.R.S. Identification Offshore II, L.P. No. of Above Person N/A (Entities Only) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box (a) |X| if a Member of a Group (b) |_| - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds OO - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Cayman Islands - -------------------------------------------------------------------------------- NUMBER OF 7. Sole Voting Power 11,741,691 shares of SHARES Power Common Stock BENEFICIALLY -------------------------------------------------- OWNED BY EACH 8. Shared Voting Power REPORTING PERSON WITH -------------------------------------------------- 9. Sole Disposi- 11,741,691 shares of tive Power -------------------------------------------------- 10. Shared Disposi- Power 11. Aggregate Amount Beneficially 11,741,691 shares of Owned by Each Reporting Person Common Stock - -------------------------------------------------------------------------------- 12. Check If The Aggregate Amount In Row (11) Excludes Certain Shares |_| - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount In Row (11) 6.2% - -------------------------------------------------------------------------------- 14. Type of Reporting Person PN CUSIP No. 805423 10 0 Page 4 of 9 1. Name of Reporting Person The BSC Employee Fund IV, L.P. I.R.S. Identification 13-4133064 No. of Above Person (Entities Only) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box (a) |X| if a Member of a Group (b) |_| - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds OO - -------------------------------------------------------------------------------- 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 9,839,504 shares of SHARES Power Common Stock BENEFICIALLY -------------------------------------------------- OWNED BY EACH 8. Shared Voting Power REPORTING PERSON WITH -------------------------------------------------- 9. Sole Disposi- 9,839,504 shares of tive Power Common Stock -------------------------------------------------- 10. Shared Disposi- Power 11. Aggregate Amount Beneficially 9,839.504 shares of Owned by Each Reporting Person Common Stock - -------------------------------------------------------------------------------- 12. Check If The Aggregate Amount In Row (11) Excludes Certain Shares |_| - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount In Row (11) 5.2% - -------------------------------------------------------------------------------- 14. Type of Reporting Person PN CUSIP No. 805423 10 0 Page 5 of 9 1. Name of Reporting Person CVC II Partners, L.L.C. I.R.S. Identification 13-4144132 No. of Above Person (Entities Only) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box (a) |X| if a Member of a Group (b) |_| - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds OO - -------------------------------------------------------------------------------- 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 549,903 shares of SHARES Power Common Stock BENEFICIALLY -------------------------------------------------- OWNED BY EACH 8. Shared Voting Power REPORTING PERSON WITH -------------------------------------------------- 9. Sole Disposi- 549,903 shares of tive Power Common Stock -------------------------------------------------- 10. Shared Disposi- Power 11. Aggregate Amount Beneficially 549,903 shares of Owned by Each Reporting Person Common Stock - -------------------------------------------------------------------------------- 12. Check If The Aggregate Amount In Row (11) Excludes Certain Shares |_| - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount In Row (11) 0.3% - -------------------------------------------------------------------------------- 14. Type of Reporting Person CO CUSIP No. 805423 10 0 Page 6 of 9 1. Name of Reporting Person Constellation Ventures I.R.S. Identification Management II, LLC No. of Above Person 13-4122121 (Entities Only) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box (a) |X| if a Member of a Group (b) |_| - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds OO - -------------------------------------------------------------------------------- 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 46,417,224 shares of SHARES Power Common Stock BENEFICIALLY -------------------------------------------------- OWNED BY EACH 8. Shared Voting Power REPORTING PERSON WITH -------------------------------------------------- 9. Sole Disposi- 46,417,224 shares of tive Power Common Stock -------------------------------------------------- 10. Shared Disposi- Power 11. Aggregate Amount Beneficially 46,417,224 shares of Owned by Each Reporting Person Common Stock - -------------------------------------------------------------------------------- 12. Check If The Aggregate Amount In Row (11) Excludes Certain Shares |_| - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount In Row (11) 21.0% - -------------------------------------------------------------------------------- 14. Type of Reporting Person CO CUSIP No. 805423 10 0 Page 7 of 9 1. Name of Reporting Person Bear Stearns Asset Management Inc. I.R.S. Identification 06-1135192 No. of Above Person (Entities Only) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box (a) |X| if a Member of a Group (b) |_| - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds OO - -------------------------------------------------------------------------------- 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 SHARES Power BENEFICIALLY -------------------------------------------------- OWNED BY EACH 8. Shared Voting Power 46,967,127 shares of REPORTING PERSON Common Stock WITH -------------------------------------------------- 9. Sole Disposi- tive Power -------------------------------------------------- 10. Shared Disposi- 46,967,127 shares of Power Common Stock 11. Aggregate Amount Beneficially 46,967,127 shares of Owned by Each Reporting Person Common Stock - -------------------------------------------------------------------------------- 12. Check If The Aggregate Amount In Row (11) Excludes Certain Shares |_| - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount In Row (11) 21.2% - -------------------------------------------------------------------------------- 14. Type of Reporting Person CO CUSIP No. 805423 10 0 Page 8 of 9 Amendment No. 2 to Schedule 13D Reference is hereby made to the statement on Schedule 13D filed with the Securities and Exchange Commission (the "Commission") on July 9, 2002 and Amendment No. 1 thereto filed on July 2, 2004 (as so amended, the "Schedule 13D"). Terms defined in the Schedule 13D are used herein as so defined. The Schedule 13D is hereby amended as follows: ITEM 1. SECURITY AND ISSUER. -------------------- Item 1 is hereby amended to reflect that the principal executive offices of the Issuer are located at 1 Savvis Parkway, Town and Country, Missouri 63017. ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATION. -------------------------------------------------- Item 3 is hereby amended by adding the following thereto: On December 9, 2004, the Constellation Purchasing Entities acquired an aggregate 3,276,420 shares of Common Stock as a result of the automatic conversion of the Issuer's Series B Convertible Preferred Stock (the "Series B Preferred Stock"), pursuant to the terms of the Certificate of Designations for the Series B Preferred Stock. The Certificate of Designations for the Series B Preferred Stock was filed as Exhibit 7 to Amendment No. 1 to the Schedule 13D, and any description thereof is qualified in its entirety by reference thereto. As described in Amendment No. 1 to the Schedule 13D, the Series B Preferred Stock was acquired by the Constellation Purchasing Entities on February 9, 2004 upon the exercise of warrants to purchase Series B Preferred Stock ("Series B Warrants") that had been issued by Savvis in connection with the issuance to the Constellation Purchasing Entities of Series A Subordinated Notes in the aggregate principal amount of $10,000,000, the proceeds of which were used to finance Savvis' acquisition of the assets of Cable & Wireless USA, Inc. and Cable & Wireless Internet Services, Inc. in March 2004. The exercise price of the Series B Warrants was $16.30 per share. The source of funds paid by the Constellation Purchasing Entities for the purchase price of the Series A Subordinated Notes and for the exercise price of the Series B Warrants was their working capital, or funds available for investment. Each share of Series B Convertible Preferred Stock held by the Constellation Purchasing Entities was to automatically convert into ten shares of Common Stock upon shareholder approval, which was obtained on December 9, 2004. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. ------------------------------------ Item 5 is hereby amended and restated to read in its entirety as follows: The Reporting Persons beneficially own an aggregate 46,967,127shares of Common Stock, or approximately 21.2% of the Common Stock outstanding. This information is based on a total of 180,022,016 shares of Common Stock outstanding following the conversion of the Series B Preferred Stock, which is based on 114,493,156 shares of Common Stock outstanding as of November 9, 2004, as reported in the Issuer's Report on Form 10-Q filed with the Commission for the quarterly period ended September 30, 2004, plus an aggregate 65,528,860 shares of Common Stock issued on December 9, 2004 upon the conversion of the Series B Preferred Stock, and for each Reporting Person gives effect to the conversion of all shares of Series A Preferred Stock (including shares issued quarterly as payment-in-kind dividends thereon through September 30, 2004) and exercise of all Warrants held by that Reporting Person. As of June 30, 2004 ,the remaining 3,333,333 of the Warrants held by the Constellation Purchasing Entities became exercisable based on the satisfaction of certain conditions provided for in the terms of their grant. CUSIP No. 805423 10 0 Page 9 of 9 Signature After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: December 28, 2004 CONSTELLATION VENTURE CAPITAL II, L.P. By: Constellation Ventures Management II, LLC, General Partner By: Bear Stearns Asset Management Inc., Managing Member By:/s/ Clifford H. Friedman ------------------------------------------------------------ Name: Clifford H. Friedman Title: Senior Managing Director CONSTELLATION VENTURE CAPTIAL OFFSHORE II, L.P. By: Constellation Ventures Management II, LLC, General Partner By: Bear Stearns Asset Management Inc., Managing Member By:/s/ Clifford H. Friedman ------------------------------------------------------------ Name: Clifford H. Friedman Title: Senior Managing Director THE BSC EMPLOYEE FUND IV, L.P. By: Constellation Ventures Management II, LLC, General Partner By: Bear Stearns Asset Management Inc., Managing Member By:/s/ Clifford H. Friedman ------------------------------------------------------------ Name: Clifford H. Friedman Title: Senior Managing Director CVC II PARTNERS, L.L.C. By:/s/ Clifford H. Friedman ------------------------------------------------------------ Name: Clifford H. Friedman Title: Member CONSTELLATION VENTURES MANAGEMENT II, LLC By: Bear Stearns Asset Management Inc., Managing Member By:/s/ Clifford H. Friedman ------------------------------------------------------------ Name: Clifford H. Friedman Title: Senior Managing Director BEAR STEARNS ASSET MANAGEMENT INC. By:/s/ Clifford H. Friedman -------------------------------------------------------- Name: Clifford H. Friedman Title: Senior Managing Director -----END PRIVACY-ENHANCED MESSAGE-----