0000911420-05-000128.txt : 20120618
0000911420-05-000128.hdr.sgml : 20120618
20050324114649
ACCESSION NUMBER: 0000911420-05-000128
CONFORMED SUBMISSION TYPE: SC 13G/A
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20050324
DATE AS OF CHANGE: 20050324
GROUP MEMBERS: SHANNON RIVER FUND MANAGEMENT CO. LLC
GROUP MEMBERS: SHANNON RIVER PARTNERS II, L.P.
GROUP MEMBERS: SHANNON RIVER PARTNERS, L.P.
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: UCN INC
CENTRAL INDEX KEY: 0001087934
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
IRS NUMBER: 870528557
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-61369
FILM NUMBER: 05700879
BUSINESS ADDRESS:
STREET 1: 14870 PONY EXPRESS ROAD
STREET 2: NONE
CITY: BLUFFDALE
STATE: UT
ZIP: 84065
BUSINESS PHONE: 8013203300
MAIL ADDRESS:
STREET 1: 14870 PONY EXPRESS ROAD
STREET 2: NONE
CITY: BLUFFDALE
STATE: UT
ZIP: 84065
FORMER COMPANY:
FORMER CONFORMED NAME: BUYERS UNITED INC
DATE OF NAME CHANGE: 20011126
FORMER COMPANY:
FORMER CONFORMED NAME: BUYERSONLINECOM INC
DATE OF NAME CHANGE: 20000823
FORMER COMPANY:
FORMER CONFORMED NAME: BUI INC
DATE OF NAME CHANGE: 19990728
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: SHANNON RIVER PARTNERS LP
CENTRAL INDEX KEY: 0001214044
IRS NUMBER: 000000000
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
STREET 1: 375 PARK AVENUE SUITE 1505
CITY: NEW YORK
STATE: NY
ZIP: 10152
BUSINESS PHONE: 2127559100
SC 13G/A
1
d1033725.txt
SCHEDULE 13G AMENDMENT 2
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
SCHEDULE 13G
(Amendment No. 2)
UCN, Inc.
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(Name of Issuer)
Common Stock, $.0001 Par Value Per Share
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(Title of Class of Securities)
12427M101
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(CUSIP Number of Class of Securities)
January 1, 2005
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] RULE 13d-1(b)
[X] RULE 13d-1(c)
[ ] RULE 13d-1(d)
CUSIP NO. 12427M101 Page 2 of 7
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1) Name And I.R.S. Identification No. Of Reporting Person (entities only)
Shannon River Fund Management Co. LLC 02-0657358
--------------------------------------------------------------------------------
2) Check The Appropriate Box If A Member Of A Group (See Instructions)
(a)[ ]
(b)[X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) Citizenship Or Place Of Organization: Delaware
--------------------------------------------------------------------------------
5) Sole Voting Power:
NUMBER OF SHARES 822,400 Shares (1)
BENEFICIALLY OWNED --------------------------------------------------
BY EACH REPORTING 6) Shared Voting Power
PERSON WITH
--------------------------------------------------
7) Sole Dispositive Power:
822,400 Shares (1)
--------------------------------------------------
8) Shared Dispositive Power
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned By Each Reporting Person:
822,400 Shares (1)
--------------------------------------------------------------------------------
10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares [ ]
(See Instructions)
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9):
4.6% of Common Stock
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12) Type of Reporting Person (See Instructions) OO (Limited Liability Company)
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(1) Shannon River Fund Management Co. LLC holds an indirect beneficial interest
in these shares which are directly beneficially owned by Shannon River Partners,
L.P and Shannon River Partners II, L.P.
CUSIP NO. 12427M101 Page 3 of 7
--------------------------------------------------------------------------------
1) Name And I.R.S. Identification No. Of Reporting Person (entities only)
Shannon River Partners, LP 05-0544322
--------------------------------------------------------------------------------
2) Check The Appropriate Box If A Member Of A Group (See Instructions)
(a)[ ]
(b)[X] Reporting person is affiliated with other persons
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) Citizenship Or Place Of Organization: Delaware
--------------------------------------------------------------------------------
5) Sole Voting Power:
NUMBER OF SHARES 315,629 Shares (1)
BENEFICIALLY OWNED --------------------------------------------------
BY EACH REPORTING 6) Shared Voting Power
PERSON WITH
--------------------------------------------------
7) Sole Dispositive Power:
315,629 Shares (1)
--------------------------------------------------
8) Shared Dispositive Power
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned By Each Reporting Person:
315,629 Shares (1)
--------------------------------------------------------------------------------
10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares [ ]
(See Instructions)
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9):
1.76% of Common Stock
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions) PN
--------------------------------------------------------------------------------
(1) Shannon River Partners, L.P. directly beneficially owns these shares of
Common Stock.
CUSIP NO. 12427M101 Page 4 of 7
--------------------------------------------------------------------------------
1) Name And I.R.S. Identification No. Of Reporting Person (entities only)
Shannon River Partners II, LP 20-0597408
--------------------------------------------------------------------------------
2) Check The Appropriate Box If A Member Of A Group (See Instructions)
(a)[ ]
(b)[X] Reporting person is affiliated with other persons
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) Citizenship Or Place Of Organization: Delaware
--------------------------------------------------------------------------------
5) Sole Voting Power:
NUMBER OF SHARES 506,771 Shares (1)
BENEFICIALLY OWNED --------------------------------------------------
BY EACH REPORTING 6) Shared Voting Power
PERSON WITH
--------------------------------------------------
7) Sole Dispositive Power:
506,771 Shares (1)
--------------------------------------------------
8) Shared Dispositive Power
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned By Each Reporting Person:
506,771 Shares (1)
--------------------------------------------------------------------------------
10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares [ ]
(See Instructions)
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9):
2.83% of Common Stock
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions) PN
--------------------------------------------------------------------------------
(1) Shannon River Partners II, L.P. directly beneficially owns these shares of
Common Stock.
Page 5 of 7
ITEM 1(a). Name of Issuer:
UCN, Inc.
ITEM 1(b). Address of Issuer's Principal Executive Offices:
14870 Pony Express Road, Bluffdale, Utah 84065
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ITEM 2(a). Names of Persons Filing:
Shannon River Fund Management Co. LLC ("SRFM")
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Shannon River Partners, LP ("SRP")
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Shannon River Partners II, LP ("SRP II")
-------------------------------------------------------------------
ITEM 2(b). Address of Principal Business Office or, if None, Residence:
850 Third Avenue, 10th Floor, New York, NY 10022
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ITEM 2(c). Citizenship:
SRFM is a Delaware Limited Liability Company
------------------------------------------------------------------
SRP and SRP II are Delaware Limited Partnerships
------------------------------------------------------------------
ITEM 2(d). Title of Class of Securities:
Common Stock, $.0001 Par Value Per Share
-------------------------------------------------------------------
ITEM 2(e). CUSIP Number: 12427M101
ITEM 3. If this Statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is:
None of the reporting persons is an entity specified in Rule
13d-1(b)(1)(ii).
ITEM 4. Ownership:
(a) Amount beneficially owned by all reporting persons: 822,400 Shares
(b) Percent of class: 4.6% of Common Stock
(c) Number of shares as to which the reporting persons have:
(i) sole power to vote or to direct the vote:
822,400 Shares
(ii) shared power to vote or to direct the vote
(iii) sole power to dispose or to direct the disposition:
822,400 Shares
Page 6 of 7
(iv) shared power to dispose or to direct the disposition
ITEM 5. Ownership of five percent or less of a class.
If this statement is being filed to reflect the fact that as of the
date hereof the reporting person has ceased to be the owner of more
than five percent of the class of securities, check the following: [x].
ITEM 6. Ownership of more than five percent on behalf of another person. Not
applicable.
ITEM 7. Identification and classification of the subsidiary which acquired the
security being reported on by the parent holding company.
Not applicable.
ITEM 8. Identification and classification of members of the group.
None of the reporting persons who have filed this schedule is a person,
as defined in Rule 13d-1(b)(1)(ii), promulgated pursuant to the
Securities Exchange Act of 1934. The persons filing this statement are
identified in Item 2 hereof.
ITEM 9. Notice of dissolution of group.
See Exhibit 1.
ITEM 10. Certifications.
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the issuer of
the securities and were not acquired and are not held in connection or as a
participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry, and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated: March 15, 2005
SHANNON RIVER FUND MANAGEMENT CO. LLC
By: /s/Spencer Waxman
--------------------------------------
Spencer Waxman, Managing Member
SHANNON RIVER PARTNERS, L.P.
By: Shannon River Fund Management Co. LLC,
General Partner
By: /s/Spencer Waxman
----------------------------------
Spencer Waxman, Managing Member
SHANNON RIVER PARTNERS II, L.P.
By: Shannon River Fund Management Co. LLC,
General Partner
By: /s/Spencer Waxman
----------------------------------
Spencer Waxman, Managing Member
EX-1
2
e1033725.txt
Exhibit 1
On March 25, 2004, the Reporting Persons, Wynnefield Partners Small Cap
Value, L.P., Wynnefield Partners Small Cap Value L.P. I, Wynnefield Small Cap
Value Offshore Fund, Ltd., Wynnefield Capital Management, LLC, and Wynnefield
Capital, Inc. jointly filed a Statement of Beneficial Ownership on Schedule 13G,
as amended by Amendment No. 1, filed on October 7, 2004 (the "Schedule 13G")
with respect to the issuer's common stock, par value $.0001 per share (the
"Common Stock"), reflecting Shannon River Fund Management Co. LLC's relationship
as Portfolio Manager with respect to the shares of Common Stock beneficially
owned by Wynnefield Partners Small Cap Value, L.P., Wynnefield Partners Small
Cap Value L.P. I, Wynnefield Small Cap Value Offshore Fund, Ltd., Wynnefield
Capital Management, LLC, and Wynnefield Capital, Inc. As of January 1, 2005,
Shannon River Fund Management Co. LLC ceased serving as Portfolio Manager with
respect to the shares of Common Stock beneficially owned by Wynnefield Partners
Small Cap Value, L.P., Wynnefield Partners Small Cap Value L.P. I, Wynnefield
Small Cap Value Offshore Fund, Ltd., Wynnefield Capital Management, LLC, and
Wynnefield Capital, Inc. Therefore, all further filings, if any, required to be
made by the Reporting Persons and its affiliated entities with respect to the
securities reported on the Schedule 13G will be made separately from all such
filings required, if any, by Wynnefield Partners Small Cap Value, L.P.,
Wynnefield Partners Small Cap Value L.P. I, Wynnefield Small Cap Value Offshore
Fund, Ltd., Wynnefield Capital Management, LLC, and Wynnefield Capital, Inc.