-----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, TdHh/A0ADOK62ch67t2jYajqtq693NSyQ82Rly9swBmFeeCnQcgPCOZ51Rn1uyEa KF4RK+NofuQy2H54TZoDXQ== 0001169232-08-000602.txt : 20080213 0001169232-08-000602.hdr.sgml : 20080213 20080213151554 ACCESSION NUMBER: 0001169232-08-000602 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080213 DATE AS OF CHANGE: 20080213 GROUP MEMBERS: ALFRED V. TOBIA, JR GROUP MEMBERS: MICHAEL J. BARONE GROUP MEMBERS: SIDUS DOUBLE ALPHA FUND, L.P GROUP MEMBERS: SIDUS DOUBLE ALPHA FUND, LTD. GROUP MEMBERS: SIDUS INVESTMENT PARTNERS, L.P. GROUP MEMBERS: SIDUS INVESTMENTS, LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LOOKSMART LTD CENTRAL INDEX KEY: 0001077866 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 133904355 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-56707 FILM NUMBER: 08604145 BUSINESS ADDRESS: STREET 1: 625 SECOND STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94107 BUSINESS PHONE: 4153487000 MAIL ADDRESS: STREET 1: 625 SECOND STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94107 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Sidus Investment Management LLC CENTRAL INDEX KEY: 0001300579 IRS NUMBER: 134099498 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 767 THIRD AVE, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-751-6644 MAIL ADDRESS: STREET 1: 767 THIRD AVE, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 SC 13D/A 1 d73572_sc13da.htm AMENDMENT NO. 1


 

 

CUSIP No. 53442503

Page 1 of 18 Pages


 

 

 

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Expires: December 31, 2005

 

Estimated average burden hours

 

per response. . . 15


 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

 

Looksmart Ltd.

 

(Name of Issuer)

 

Common Stock

 

(Title of Class of Securities)

 

53442503

 

(CUSIP Number)

 

Direct any Notices and Communications to:

 

George J. Mazin, Esq.

Dechert LLP

30 Rockefeller Plaza

New York, NY 10112

 

February 11, 2008

 

(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. x

The information required in 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.

Page 1 of 18 Pages




 

 

CUSIP No. 53442503

Page 2 of 18 Pages


 

 

 

1

NAME OF REPORTING PERSON

 

 

SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

 

 

 

 

SIDUS INVESTMENT PARTNERS, L.P.

 

 

TAX ID # 13-4100882

 

 

 

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) þ

 

 

(b) o

 

 

 

3

SEC USE ONLY

 

 

 

 

4

SOURCE OF FUNDS

 

 

 

 

 

WC

 

 

 

 

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E)     o

 

 

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

 

 

 

DELAWARE

 


 

 

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH

7

SOLE VOTING POWER

 

 

0

 

8

SHARED VOTING POWER

 

 

 

2,256,600

 

 

9

SOLE DISPOSITIVE POWER

 

 

 

0

 

 

10

SHARED DISPOSITIVE POWER

 

 

 

2,256,600


 

 

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

 

9.8%

 

 

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
         
  o

 

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

 

 

9.8%

 

 

14

TYPE OF REPORTING PERSON

 

 

 

PN




 

 

CUSIP No. 53442503

Page 3 of 18 Pages


 

 

 

1

NAME OF REPORTING PERSON

 

 

SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

 

 

 

 

SIDUS INVESTMENTS, LTD.

 

 

 

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) þ

 

 

(b) o

 

 

 

3

SEC USE ONLY

 

 

 

 

4

SOURCE OF FUNDS

 

 

 

 

 

WC

 

 

 

 

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E)       o

 

 

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

 

 

 

CAYMAN ISLANDS

 


 

 

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH

7

SOLE VOTING POWER

 

 

 

0

 

 

8

SHARED VOTING POWER

 

 

 

2,256,600

 

 

9

SOLE DISPOSITIVE POWER

 

 

 

0

 

 

10

SHARED DISPOSITIVE POWER

 

 

 

2,256,600


 

 

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

 

9.8%

 

 

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
         
  o

 

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

 

 

9.8%

 

 

14

TYPE OF REPORTING PERSON

 

 

 

OO




CUSIP No. 53442503

Page 4 of 18 Pages


1

NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

SIDUS DOUBLE ALPHA FUND, L.P.
TAX I.D.#:90-0153134


2


CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP    (a)
 þ
   

 (b)  o


3 SEC USE ONLY

4

SOURCE OF FUNDS

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E)
  o

6

CITIZENSHIP OR PLACE OF ORGANIZATION

DELAWARE

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH


7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

2,256,600

9

SOLE DISPOSITIVE POWER

0  

10

SHARED DISPOSITIVE POWER

2,256,600

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9.8%

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES


  o

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.8%

14

TYPE OF REPORTING PERSON

PN



CUSIP No. 53442503

Page 5 of 18 Pages


1

NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

SIDUS DOUBLE ALPHA FUND, LTD.


2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP    (a) 
þ
   

 (b)  o


3 SEC USE ONLY
   

4

SOURCE OF FUNDS

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E)
  o

6

CITIZENSHIP OR PLACE OF ORGANIZATION

CAYMAN ISLANDS

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH

7 SOLE VOTING POWER

0

8

SHARED VOTING POWER

2,256,600

9

SOLE DISPOSITIVE POWER

0  

10

SHARED DISPOSITIVE POWER

2,256,600

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9.8%

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES


  o

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.8%

14

TYPE OF REPORTING PERSON

OO



CUSIP No. 53442503

Page 6 of 18 Pages


1

NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

SIDUS INVESTMENT MANAGEMENT, LLC
TAX ID # 13-4099498


2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP    (a)
þ
   

 (b) o


3 SEC USE ONLY
   

4

SOURCE OF FUNDS

AF

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E)
  o

6

CITIZENSHIP OR PLACE OF ORGANIZATION

DELAWARE

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH


7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

2,256,600

9

SOLE DISPOSITIVE POWER

0  

10

SHARED DISPOSITIVE POWER

2,256,600

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9.8%

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES


  o

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.8%

14

TYPE OF REPORTING PERSON

IA



CUSIP No. 53442503

Page 7 of 18 Pages


 

 

 

 

 

1

 

NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

ALFRED V. TOBIA, JR.

 

 

 

 

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP   (a) þ
                                                                                                                  (b) o

 

 

 

 

 

 

 

 

3

 

SEC USE ONLY

 

 

 

 

 

 

 

 

4

 

SOURCE OF FUNDS

AF

 

 

 

 

 

 

 

5

 

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E)          o

 

 

 

 

 

 

 

 

6

 

CITIZENSHIP OR PLACE OF ORGANIZATION

UNITED STATES OF AMERICA

 

 

 

 

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH

7

SOLE VOTING POWER

0

 

 

 

 

8

SHARED VOTING POWER

2,256,600

 

 

 

 

9

SOLE DISPOSITIVE POWER

0

 

 

 

 

10

SHARED DISPOSITIVE POWER

2,256,600

 

 

 

 

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9.8 %

 

 

 

 

 

 

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES           
  o

 

 

 

 

 

 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.8 %

 

 

 

 

 

 

14

 

TYPE OF REPORTING PERSON

IN

 

 

 



CUSIP No. 53442503

Page 8 of 18 Pages


 

 

 

 

 

1

 

NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

MICHAEL J. BARONE

 

 

 

 

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP   (a) þ
                                                                                                                  (b) o

 

 

 

 

 

 

3

 

SEC USE ONLY

 

 

 

 

 

 

 

 

4

 

SOURCE OF FUNDS

AF

 

 

 

 

 

 

 

5

 

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E)          o

 

 

 

 

 

 

 

 

6

 

CITIZENSHIP OR PLACE OF ORGANIZATION

UNITED STATES OF AMERICA

 

 

 

 

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH

7

SOLE VOTING POWER

0

 

 

 

 

8

SHARED VOTING POWER

2,256,600

 

 

 

 

9

SOLE DISPOSITIVE POWER

0

 

 

 

 

10

SHARED DISPOSITIVE POWER

2,256,600

 

 

 

 

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9.8 %

 

 

 

 

 

 

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES           
  o

 

 

 

 

 

 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.8 %

 

 

 

 

 

 

14

 

TYPE OF REPORTING PERSON

IN

 

 

 



 

 

 

 CUSIP No. 53442503

 Page 9 of 18 Pages


 

 

 

ITEM 1.

(a).

Name of Issuer: Looksmart Ltd

 

 

 

 

(b).

Address of Issuer’s Principal Executive Offices:

 

 

 

 

 

625 Second Street

 

 

San Francisco, CA 94107

 

 

 

 

(c).

Title of Class of Securities: Common Stock

 

 

 

 

(d).

CUSIP Number: 53442503

 

 

 

ITEM 2.

This Statement is being filed jointly by each of the following persons:

                         (a).           This Statement is being filed jointly by (i) Sidus Investment Partners, L.P., a Delaware limited partnership (“Sidus Partners”); (ii) Sidus Investments Ltd., a Cayman Islands exempted corporation, (“Sidus Investments”); (iii) Sidus Double Alpha Fund, L.P., a Delaware limited partnership (“Sidus Double Alpha”); (iv) Sidus Double Alpha Fund, Ltd., a Cayman Islands exempted corporation (“Sidus Double Alpha Offshore”); (v) Sidus Investment Management, LLC, a Delaware limited liability company, which serves as investment manager to Sidus Partners, Sidus Investments, Sidus Double Alpha and Sidus Double Alpha Offshore (the “Manager”); (vi) Messrs. Alfred V. Tobia, Jr. and Michael J. Barone, who serve as the managing members of the Manager. Sidus Partners, Sidus Investments, Sidus Double Alpha, Sidus Double Alpha Offshore, the Manager, and Messrs. Tobia and Barone are sometimes also referred to herein individually as a “Reporting Person” and collectively as “Reporting Persons”.

                         (b).          Address of Principal Business Office for Each of the Above:

                                        (i)          Sidus Investment Partners, L.P. — The address of Sidus Partners’ principal business office is 767 Third Avenue, 15th Floor, New York, New York, 10017.

                                         (ii)          Sidus Investments, Ltd. — The address of Sidus Investments’ principal business office is 767 Third Avenue, 15th Floor, New York, New York, 10017.

                                         (iii)          Sidus Double Alpha Fund, L.P. – The address of Sidus Double Alpha’s principal business office is 767 Third Avenue, 15th Floor, New York, New York, 10017.

                                         (iv)          Sidus Double Alpha Fund, Ltd. – The address of Sidus Double Alpha Offshore’s principal business office is 767 Third Avenue, 15th Floor, New York, New York, 10017.

                                         (v)          Sidus Investment Management, LLC — The address of the Manager’s principal business office is 767 Third Avenue, 15th Floor, New York, New York, 10017.

                                         (vi)          Alfred V. Tobia, Jr. — Mr. Alfred V. Tobia, Jr.’s principal business office is 767 Third Avenue, 15th Floor, New York, New York, 10017.

                                        (vii)           Michael J. Barone — Mr. Michael J. Barone’s principal business office is 767 Third Avenue, 15th Floor, New York, New York, 10017

                          (c).          Present principal business or principal occupation: Sidus Partners, Sidus Investments, Sidus Double Alpha and Sidus Double Alpha Offshore are each principally engaged in the



 

 

 

 CUSIP No. 53442503

 Page 10 of 18 Pages

private investment fund business. The principal business of Sidus Investment Management, LLC (the “Manager”) is as the investment manager of Sidus Partners, Sidus Investments, Sidus Double Alpha and Sidus Double Alpha Offshore. The principal occupation of each of Messrs. Tobia and Barone is as managing members of the Manager (the address of which is 767 Third Avenue, 15th Floor, New York, New York, 10017).

                          (d), (e). None of the Reporting Persons has, during the past five years, been convicted in a criminal proceeding of any nature whatsoever (excluding traffic violations or similar misdemeanors), nor have any Reporting Persons been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction of any nature whatsoever during the past five years.

                         (f).          Citizenship or Place of Organization: Sidus Partners, Sidus Double Alpha and the Manager are organized under the laws of the State of Delaware. Sidus Investments and Sidus Double Alpha Offshore are each an exempted company incorporated under the laws of the Cayman Islands. Messrs. Tobia and Barone are citizens of the United States.

                         The Reporting Persons have previously submitted a filing on Schedule 13D relating to the common stock of the Issuer, originally filed on August 23, 2007 (the “Initial 13D”). The Initial 13D is incorporated by reference into this amendment to the Initial 13D. The Reporting Persons hereby amend the Initial 13D. Unless otherwise indicated, each capitalized term used and not defined herein shall have the meaning attributed to such term in the Initial 13D.

 

 

ITEM 3.

Source and Amount of Funds or Other Consideration.

 

 

     The response set forth in Item 3 of the Initial 13D is hereby amended and supplemented by revising the amount of funds or other consideration used in purchasing the securities of the Issuer reported hereunder as follows:

                    The Reporting Persons have invested an aggregate amount of $ 8,555,547 in the securities of the Issuer reported hereunder. The sources of the funds used to purchase the shares of the Issuer held by the Reporting Persons are the assets of each of the Sidus Partners, Sidus Investments, Sidus Double Alpha and Sidus Double Alpha Offshore, representing the capital contributions of each limited partner of Sidus Partners and Sidus Double Alpha and each shareholder of Sidus Investments and Sidus Double Alpha Offshore.

                    In all other respects, the response to Item 3 of the Initial 13D remains unchanged.

 

 

ITEM 4.

Purpose of Transaction.

                    The response set forth in Item 4 of the Initial 13D is hereby amended and supplemented by adding the following after the third full paragraph in response to Item 4 of the Initial 13D:



 

 

 

 CUSIP No. 53442503

 Page 11 of 18 Pages

                    The issuer has filed a Tender Offer Statement to purchase for cash up to 4,825,000 shares of its common stock, par value $.001 per share (including the associated preferred share purchase rights), at a price per share not more than $4.15 nor less than $3.40 per share, net to the seller in cash, without interest, upon the terms and subject to the conditions set forth in the Offer to Purchase dated January 15, 2008 (the “Offer to Purchase”), The Manager has entered into the transactions included in ITEM 6 (c) in order to maintain its current percent of class of equity securities previously reported in anticipation of the change in the aggregate number of securities outstanding following the tender offer.

 

 

ITEM 5.

Interest in Securities of the Issuer.

 

 

 

The response set forth in Item 5 of the Initial 13D is hereby amended and restated as follows:


 

 

(a).

Aggregate shares held by each Reporting Person


 

 

 

 

 

 

(i)

 

Sidus Investment Partners, L.P.

2,256,600

 

 

 

 

 

 

(ii)

 

Sidus Investments, Ltd.

2,256,600

 

 

 

 

 

 

(iii)

 

Sidus Double Alpha Fund, L.P.

2,256,600

 

 

 

 

 

 

(iv)

 

Sidus Double Alpha Fund, Ltd.

2,256,600

 

 

 

 

 

 

(v)

 

Sidus Investment Management, LLC1

2,256,600

 

 

 

 

 

 

(vi)

 

Alfred V. Tobia, Jr.2

2,256,600

 

 

 

 

 

 

(vii)

 

Michael J. Barone3

2,256,600

 

 

 

 

 

 

Percentage of class:

 

 

 

 

 

(i)

 

Sidus Investment Partners, L.P.

9.8%

 

 

 

 

 

 

(ii)

 

Sidus Investments, Ltd.

9.8%

 

 

 

 

 

 

(iii)

 

Sidus Double Alpha Fund, L.P.

9.8%

 

 

 

 

 

 

(iv)

 

Sidus Double Alpha Fund, Ltd.

9.8%

 

 

 

 

 

 

(v)

 

Sidus Investment Management, LLC

9.8%



 

 

 

1

Sidus Investment Management, LLC is the investment manager of Sidus Investment Partners, L.P., Sidus Investments, Ltd., Sidus Double Alpha Fund, L.P. and Sidus Double Alpha Fund, Ltd., subject to the overall control of the managing members, Alfred V. Tobia, Jr. and Michael J. Barone, and thus could be deemed to share the power to vote and dispose or direct the disposition of such Shares.

 

 

2

Alfred V. Tobia, Jr. is a managing member of Sidus Investment Management, LLC, and thus could be deemed to share the power to vote and dispose or direct the disposition of such Shares.

 

 

3

Michael J. Barone is a managing member of Sidus Investment Management, LLC, and thus could be deemed to share the power to vote and dispose or direct the disposition of such Shares.




 

 

 

 CUSIP No. 53442503

 Page 12 of 18 Pages


 

 

 

 

 

 

(vi)

 

Alfred V. Tobia, Jr.

9.8 %

 

 

 

 

 

 

(vii)

 

Michael J. Barone

9.8 %


 

 

 

 

 

(b).

Number of shares as to which such person has:

 

 

 

 

 

 

(1)

 

Sole power to vote or to direct the vote:

 

 

 

 

 

 

 

(i)

 

Sidus Investment Partners, L.P.

0

 

 

 

 

 

 

(ii)

 

Sidus Investments, Ltd.

0

 

 

 

 

 

 

(iii)

 

Sidus Double Alpha Fund, L.P.

0

 

 

 

 

 

 

(iv)

 

Sidus Double Alpha Fund, Ltd.

0

 

 

 

 

 

 

(v)

 

Sidus Investment Management, LLC

0

 

 

 

 

 

 

(vi)

 

Alfred V. Tobia, Jr.

0

 

 

 

 

 

 

(vii)

 

Michael J. Barone

0

 

 

 

 

 

 

(2)

 

Shared power to vote or to direct the vote:

 

 

 

 

 

 

 

(i)

 

Sidus Investment Partners, L.P.

2,256,600

 

 

 

 

 

 

(ii)

 

Sidus Investments, Ltd.

2,256,600

 

 

 

 

 

 

(iii)

 

Sidus Double Alpha Fund, L.P.

2,256,600

 

 

 

 

 

 

(iv)

 

Sidus Double Alpha Fund, Ltd.

2,256,600

 

 

 

 

 

 

(v)

 

Sidus Investment Management, LLC4

2,256,600

 

 

 

 

 

 

(vi)

 

Alfred V. Tobia, Jr.5

2,256,600

 

 

 

 

 

 

(vii)

 

Michael J. Barone6

2,256,600

 

 

 

 

 

 

(3)

 

Sole power to dispose or to direct the disposition of:

 

 

 

 

 

 

 

(i)

 

Sidus Investment Partners, L.P.

0

 

 

 

 

 

 

(ii)

 

Sidus Investments, Ltd.

0


 

 


 

 

 

4

Sidus Investment Management, LLC is the investment manager of Sidus Investment Partners, L.P., Sidus Investments, Ltd., Sidus Double Alpha Fund, L.P. and Sidus Double Alpha Fund, Ltd., subject to the overall control of the managing members, Alfred V. Tobia, Jr. and Michael J. Barone, and thus could be deemed to share the power to vote and dispose or direct the disposition of such Shares.

 

 

5

Alfred V. Tobia, Jr. is a managing member of Sidus Investment Management, LLC, and thus could be deemed to share the power to vote and dispose or direct the disposition of such Shares.

 

 

6

Michael J. Barone is a managing member of Sidus Investment Management, LLC, and thus could be deemed to share the power to vote and dispose or direct the disposition of such Shares.




 

 

 

 CUSIP No. 53442503

 Page 13 of 18 Pages


 

 

 

 

 

 

(iii)

 

Sidus Double Alpha Fund, L.P.

0

 

 

 

 

 

 

(iv)

 

Sidus Double Alpha Fund, Ltd.

0

 

 

 

 

 

 

(v)

 

Sidus Investment Management, LLC

0

 

 

 

 

 

 

(vi)

 

Alfred V. Tobia, Jr.

0

 

 

 

 

 

 

(vii)

 

Michael J. Barone

0

 

 

 

 

 

 

(4)

 

Shared power to dispose or to direct the disposition of:

 

 

 

 

 

 

 

(i)

 

Sidus Investment Partners, L.P.

2,256,600

 

 

 

 

 

 

(ii)

 

Sidus Investments, Ltd.

2,256,600

 

 

 

 

 

 

(iii)

 

Sidus Double Alpha Fund, L.P.

2,256,600

 

 

 

 

 

 

(iv)

 

Sidus Double Alpha Fund, Ltd.

2,256,600

 

 

 

 

 

 

(v)

 

Sidus Investment Management, LLC7

2,256,600

 

 

 

 

 

 

(vi)

 

Alfred V. Tobia, Jr.8

2,256,600

 

 

 

 

 

 

(vii)

 

Michael J. Barone9

2,256,600

 

 

 

 

 


 

 

(c).

Transactions in Securities of the Issuer during the past 60 days.

 

 

 

The following transactions are sales that were effected on the open market during the past 60 days:


 

 

 

 

 

 

Reporting Person

Date

# of Shares

 

Price per Share ($)  

  Sidus Investment Management, LLC

February 06, 2008

13,892

 

$

3.5921  

  Sidus Investment Management, LLC

February 07, 2008

45,900

 

$

3.6645  

  Sidus Investment Management, LLC

February 08, 2008

14,100

 

$

3.6336  

  Sidus Investment Management, LLC

February 11, 2008

33,400

 

$

3.6623  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 


 

 

 

7

Sidus Investment Management, LLC is the investment manager of Sidus Investment Partners, L.P., Sidus Investments, Ltd., Sidus Double Alpha Fund, L.P. and Sidus Double Alpha Fund, Ltd., subject to the overall control of the managing members, Alfred V. Tobia, Jr. and Michael J. Barone, and thus could be deemed to share the power to vote and dispose or direct the disposition of such Shares.

 

 

8

Alfred V. Tobia, Jr. is a managing member of Sidus Investment Management, LLC, and thus could be deemed to share the power to vote and dispose or direct the disposition of such Shares.

 

 

9

Michael J. Barone is a managing member of Sidus Investment Management, LLC, and thus could be deemed to share the power to vote and dispose or direct the disposition of such Shares.




 

 

 

 CUSIP No. 53442503

 Page 14 of 18 Pages


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

ITEM 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

                     There are no contracts, arrangements, understandings or relationships in place among any of the Reporting Persons with respect to the Securities of the Issuer, other than those disclosed in response to Item 4 above. The Manager serves as the investment manager to each of Sidus Partners, Sidus Investments, Sidus Double Alpha and Sidus Double Alpha Offshore. The Manager is subject to the overall control of its managing members, Messrs. Tobia and Barone, and thus could be deemed to share the power to vote and dispose or direct the disposition of such Shares. Nothing in this Schedule 13D shall be deemed an admission by any of the Reporting Persons that such person is a “beneficial owner” of the securities covered by this Schedule 13D.



 

 

 

CUSIP No. 53442503

 

Page 15 of 18 Pages

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.

 

 

 

 

SIDUS INVESTMENT PARTNERS, L.P.

 

 

 

Date: February 12, 2008

By:

/s/ Alfred V. Tobia, Jr.

 

Alfred V. Tobia, Jr., managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

By:

/s/ Michael J. Barone

 

Michael J. Barone, managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

SIDUS INVESTMENTS, LTD.

 

 

 

Date: February 12, 2008

By:

/s/ Alfred V. Tobia, Jr.

 

Alfred V. Tobia, Jr., managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

By:

/s/ Michael J. Barone

 

Michael J. Barone, managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

SIDUS DOUBLE ALPHA FUND, L.P.

 

 

 

Date: February 12, 2008

By:

/s/ Alfred V. Tobia, Jr.

 

Alfred V. Tobia, Jr., managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

By:

/s/ Michael J. Barone

 

Michael J. Barone, managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

SIDUS DOUBLE ALPHA FUND, LTD.

 

 

 

Date: February 12, 2008

By:

/s/ Alfred V. Tobia, Jr.

 

Alfred V. Tobia, Jr., managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

By:

/s/ Michael J. Barone




 

 

 

CUSIP No. 53442503

 

Page 16 of 18 Pages


 

 

 

 

Michael J. Barone, managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

SIDUS INVESTMENT MANAGEMENT, LLC

 

 

 

Date: February 12, 2008

By:

/s/ Alfred V. Tobia, Jr.

 

Alfred V. Tobia, Jr., managing member

 

 

 

 

By:

/s/ Michael J. Barone

 

Michael J. Barone, managing member

 

 

 

 

 

 

 

ALFRED V. TOBIA, JR.

 

 

 

Date: February 12, 2008

By:

/s/ Alfred V. Tobia, Jr.

 

 

 

 

 

 

 

MICHAEL J. BARONE

 

 

 

Date: February 12, 2008

By:

/s/ Michael J. Barone




 

 

 

CUSIP No. 53442503

 

Page 17 of 18 Pages

EXHIBIT 1 — AGREEMENT OF JOINT FILING

                    In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that the foregoing statement on Schedule 13D is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

                    IN WITNESS WHEREOF, the undersigned hereby execute this Agreement on the 12th day of February, 2008.

 

 

 

 

SIDUS INVESTMENT PARTNERS, L.P.

 

 

 

Date: February 12, 2008

By:

/s/ Alfred V. Tobia, Jr.

 

Alfred V. Tobia, Jr., managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

By:

/s/ Michael J. Barone

 

Michael J. Barone, managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

SIDUS INVESTMENTS, LTD.

 

 

 

Date: February 12, 2008

By:

/s/ Alfred V. Tobia, Jr.

 

Alfred V. Tobia, Jr., managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

By:

/s/ Michael J. Barone

 

Michael J. Barone, managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

SIDUS DOUBLE ALPHA FUND, L.P.

 

 

 

Date: February 12, 2008

By:

/s/ Alfred V. Tobia, Jr.

 

Alfred V. Tobia, Jr., managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

By:

/s/ Michael J. Barone

 

Michael J. Barone, managing member of Sidus Investment Management, LLC, the investment manager




 

 

 

CUSIP No. 53442503

 

Page 18 of 18 Pages


 

 

 

 

SIDUS DOUBLE ALPHA FUND, LTD.

 

 

 

Date: February 12, 2008

By:

/s/ Alfred V. Tobia, Jr.

 

Alfred V. Tobia, Jr., managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

By:

/s/ Michael J. Barone

 

Michael J. Barone, managing member of Sidus Investment Management, LLC, the investment manager

 

 

 

 

SIDUS INVESTMENT MANAGEMENT, LLC

 

 

 

Date: February 12, 2008

By:

/s/ Alfred V. Tobia, Jr.

 

Alfred V. Tobia, Jr., managing member

 

 

 

 

By:

/s/ Michael J. Barone

 

Michael J. Barone, managing member

 

 

 

 

ALFRED V. TOBIA, JR.

 

 

 

Date: February 12, 2008

By:

/s/ Alfred V. Tobia, Jr.

 

 

 

 

MICHAEL J. BARONE

 

 

 

Date: February 12, 2008

By:

/s/ Michael J. Barone



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