-----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, Rd4VLlyQiRmfrJ0MfnfI9p1LBxhTddV/YvAZGVQOg3C5xT5LvV5azmM4LcUqZnqz /T4nxu9540zC0j4Ck4oWdA== 0001193125-07-222926.txt : 20071022 0001193125-07-222926.hdr.sgml : 20071022 20071022170112 ACCESSION NUMBER: 0001193125-07-222926 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20071022 DATE AS OF CHANGE: 20071022 GROUP MEMBERS: SHAMROCK ACTIVIST VALUE FUND GP, L.L.C. GROUP MEMBERS: SHAMROCK ACTIVIST VALUE FUND II, L.P. GROUP MEMBERS: SHAMROCK ACTIVIST VALUE FUND III, L.P. GROUP MEMBERS: SHAMROCK PARTNERS ACTIVIST VALUE FUND, L.L.C. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WEBSENSE INC CENTRAL INDEX KEY: 0001098277 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 510380839 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-58931 FILM NUMBER: 071183594 BUSINESS ADDRESS: STREET 1: 10240 SORRENTO VALLEY RD CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 8583208000 MAIL ADDRESS: STREET 1: 10240 SORRENTO VALLEY RD CITY: SAN DIEGO STATE: CA ZIP: 92121 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Shamrock Activist Value Fund L P CENTRAL INDEX KEY: 0001306697 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 4444 LAKESIDE DR CITY: BURBANK STATE: CA ZIP: 91505 BUSINESS PHONE: 818-973-4444 MAIL ADDRESS: STREET 1: 4444 LAKESIDE DR CITY: BURBANK STATE: CA ZIP: 91505 FORMER COMPANY: FORMER CONFORMED NAME: Shamrock Governance Fund LP DATE OF NAME CHANGE: 20041021 SC 13D 1 dsc13d.htm SCHEDULE 13D Schedule 13D

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

 

WEBSENSE, INC.

(Name of Issuer)

 

 

Common Shares, $0.01 Par Value

(Title of Class of Securities)

 

 

947684106

(CUSIP Number)

 

 

David K. Robbins, Esq.

Bingham McCutchen LLP

355 South Grand Avenue, 44th Floor

Los Angeles, CA 90071

(213) 680-6400

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

 

October 12, 2007

(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  ¨.

Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

*   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).


SCHEDULE 13D

CUSIP No. 947684106

 

  1  

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS OF ABOVE PERSONS (ENTITIES ONLY).

 

            Shamrock Activist Value Fund, L.P. – 35-2239069

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  x

(b)  ¨

   
  3  

SEC USE ONLY

 

   
  4  

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

            WC

   
  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

            Not Applicable

  ¨
  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

 

                1,883,842 Common Shares*

 

  9    SOLE DISPOSITIVE POWER

 

                0

 

10    SHARED DISPOSITIVE POWER

 

                1,883,842 Common Shares*

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            1,883,842 Common Shares*

   
12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ¨
13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            4.17%*

   
14  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

            PN

   

 

* See Item 5 hereof


SCHEDULE 13D

CUSIP No. 947684106

 

  1  

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS OF ABOVE PERSONS (ENTITIES ONLY).

 

            Shamrock Activist Value Fund II, L.P. – 55-0908199

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  x

(b)  ¨

   
  3  

SEC USE ONLY

 

   
  4  

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

            WC

   
  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

            Not Applicable

  ¨
  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            Virginia

   

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

 

  7    SOLE VOTING POWER

 

                0

 

  8    SHARED VOTING POWER

 

                362,814 Common Shares*

 

  9    SOLE DISPOSITIVE POWER

 

                0

 

10    SHARED DISPOSITIVE POWER

 

                362,814 Common Shares*

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            362,814 Common Shares*

   
12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ¨
13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            0.80%*

   
14  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

            PN

   

 

* See Item 5 hereof


SCHEDULE 13D

CUSIP No. 947684106

 

  1  

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Shamrock Activist Value Fund III, L.P. – 11-3768779

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  x

(b)  ¨

   
  3  

SEC USE ONLY

 

   
  4  

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

            WC

   
  5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

            Not Applicable

  ¨
  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

 

                24,809 Common Shares*

 

  9    SOLE DISPOSITIVE POWER

 

                0

 

10    SHARED DISPOSITIVE POWER

 

                24,809 Common Shares*

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            24,809 Common Shares*

   
12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ¨
13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            0.06%*

   
14  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

            PN

   

 

* See Item 5 hereof


SCHEDULE 13D

CUSIP No. 947684106

 

  1  

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Shamrock Activist Value Fund GP, L.L.C. –37-1497874

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  x

(b)  ¨

   
  3  

SEC USE ONLY

 

   
  4  

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

            Not Applicable

   
  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

            Not Applicable

  ¨
  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

 

                2,271,465 Common Shares*

 

  9    SOLE DISPOSITIVE POWER

 

                0

 

10    SHARED DISPOSITIVE POWER

 

                2,271,465 Common Shares*

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            2,271,465 Common Shares*

   
12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ¨
13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            5.03%*

   
14  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

            OO

   

 

* See Item 5 hereof


SCHEDULE 13D

CUSIP No. 947684106

 

  1  

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Shamrock Partners Activist Value Fund, L.L.C. – 87-0733755

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  x

(b)  ¨

   
  3  

SEC USE ONLY

 

   
  4  

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

            Not Applicable

   
  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

            Not Applicable

  ¨
  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            Delaware

   

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

 

  7    SOLE VOTING POWER

 

                2,271,465 Common Shares*

 

  8    SHARED VOTING POWER

 

                0

 

  9    SOLE DISPOSITIVE POWER

 

                2,271,465 Common Shares*

 

10    SHARED DISPOSITIVE POWER

 

                0

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            2,271,465 Common Shares*

   
12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ¨
13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            5.03%*

   
14  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

            OO

   

 

* See Item 5 hereof


INTRODUCTION

The securities to which this statement relates are Common Shares, $0.01 par value per share (“Common Shares”), of Websense, Inc., a Delaware corporation (the “Company”). The principal executive offices of the Company are located at 10240 Sorrento Valley Road, San Diego, California 92121.

 

ITEM 2. Identity and Background.

(a)-(c), (f). The Reporting Persons are: (i) Shamrock Activist Value Fund, L.P., a Delaware limited partnership (“SAVF”), (ii) Shamrock Activist Value Fund II, L.P., a Virginia limited partnership (“SAVF II”), (iii) Shamrock Activist Value Fund III, L.P., a Delaware limited partnership (“SAVF III”), (iv) Shamrock Activist Value Fund GP, L.L.C., a Delaware limited liability company and the general partner of SAVF, SAVF II and SAVF III (the “General Partner”) and (v) Shamrock Partners Activist Value Fund, L.L.C., a Delaware limited liability company and the managing member of the General Partner (“Shamrock Partners”). The principal business of SAVF, SAVF II and SAVF III (SAVF, SAVF II and SAVF III collectively, are referred to herein as “Shamrock Activist Value Fund”) is investing in the securities of publicly traded small and micro-cap companies in the United States. The principal business of the General Partner is acting as general partner of Shamrock Activist Value Fund, and the principal business of Shamrock Partners is acting as the managing member of the General Partner.

The managing members of Shamrock Partners are Shamrock Holdings of California, Inc., a California corporation (“SHOC”), and Stanley P. Gold, an individual who is President of SHOC. All of the capital stock of SHOC is owned by Shamrock Holdings, Inc., a Delaware corporation (“SHI”). SHOC and SHI, together with their subsidiary entities, are holding companies engaged in the making, holding and disposing of investments in various industries, principally in the United States and Israel.

Roy E. Disney and his wife, Patricia A. Disney, own approximately 4.5% of the common stock of SHI. Roy Patrick Disney, Susan Disney Lord, Abigail Edna Disney and Timothy J. Disney own an aggregate of approximately 45.4% of the common stock of SHI. In addition, Stanley P. Gold is the sole trustee of four trusts established for the benefit of Roy Patrick Disney, Susan Disney Lord, Abigail Edna Disney and Timothy J. Disney, which hold an aggregate of approximately 50% of SHI common stock.

The principal executive offices of Shamrock Activist Value Fund, the General Partner, Shamrock Partners, SHOC and SHI are located at 4444 Lakeside Drive, Burbank, California 91505.

The business address of each of the persons listed below is 4444 Lakeside Drive, Burbank, California 91505. The names and principal occupations or employments of the directors, executive officers and controlling persons of Shamrock Activist Value Fund, the General Partner, Shamrock Partners, SHOC and SHI are as follows:


Name

  

Principal Occupation Or Employment

Roy E. Disney    Chairman of the Board of Directors of SHI and SHOC. Chairman of the Board of Directors of Shamrock Capital Advisors, Inc., a Delaware corporation (“SCA”) (a closely-held corporation which provides management and consulting services, principally to SHOC and investment partnerships organized by SHOC, including businesses in which such partnerships invest). The principal executive office of SCA is 4444 Lakeside Drive, Burbank, CA 91505.
Patricia A. Disney    Vice Chairman of the Board of Directors of SHI, SHOC and SCA.
Roy Patrick Disney    Director of SHI; investor.
Susan Disney Lord    Director of SHI; investor.
Abigail E. Disney    Vice Chairman of the Board of Directors of SHI; investor.
Timothy J. Disney    Director of SHI; investor.
Stanley P. Gold    Director and President of SHI and SHOC. Director, President and Managing Director of SCA. Managing Member and President of Shamrock Partners.
Michael J. McConnell    Managing Director of SCA; Vice President of SHOC and Shamrock Partners.
Eugene I. Krieger    Vice Chairman of the Board of Directors and Chief Operating Officer of SHI. Vice Chairman of the Board of Directors of SCA. Vice President of SHOC.
Robert G. Moskowitz    Executive Vice President of SHI and SHOC; Managing Director of SCA.
Gregory S. Martin    Chief Financial Officer and Treasurer of SHOC, SHI, SCA and Shamrock Partners.

All of the persons listed above are citizens and residents of the United States.

(d)-(e) During the last five years, none of the Reporting Persons or, to the Reporting Persons’ best knowledge, any of their directors, executive officers or controlling persons, as the


case may be, 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 and as a result of which such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

ITEM 3. Source and Amount of Funds or Other Consideration.

The total amount of funds used by SAVF to purchase the 1,883,842 Common Shares reported herein was $38,428,206 (excluding brokerage commissions). All of such funds were derived from capital contributions to SAVF.

The total amount of funds used by SAVF II to purchase the 362,814 Common Shares reported herein was $7,399,432 (excluding brokerage commissions). All of such funds were derived from capital contributions to SAVF II.

The total amount of funds used by SAVF III to purchase the 24,809 Common Shares reported herein was $514,576 (excluding brokerage commissions). All of such funds were derived from capital contributions to SAVF III.

 

ITEM 4. Purpose of Transaction.

Shamrock Activist Value Fund acquired the 2,271,465 Common Shares owned by it based on the Reporting Persons’ belief that the Common Shares represent an attractive investment opportunity.

The Reporting Persons may determine from time to time in the future, based on market and general economic conditions, the business affairs and financial conditions of the Company, the availability of securities at favorable prices and alternative investment opportunities available to the Reporting Persons, and other factors that the Reporting Persons may deem relevant, to acquire additional securities of the Company in the open market, in privately negotiated transactions or otherwise, or to sell some or all of the securities it now holds or hereafter acquires as set forth above or otherwise.

Except as stated in response to this Item 4, the Reporting Persons have no current plans or proposals with respect to the Company or its securities of the types enumerated in paragraphs (a) through (j) of this Item 4 to the form Schedule 13D promulgated under the Act.


ITEM 5. Interests in Securities of the Issuer.

(a), (b) SAVF, SAVF II and SAVF III are controlled by the General Partner. As a result, each of SAVF, SAVF II and SAVF III may be deemed members of a group and may be deemed to beneficially own for purposes of Section 13(d) the shares beneficially owned for such purposes by the others.

SAVF is the owner of 1,883,842 Common Shares, which represents approximately 4.17% of the issued and outstanding Common Shares. SAVF II is the owner of 362,814 Common Shares, which represents approximately 0.80% of the issued and outstanding Common Shares. SAVF III is the owner of 24,809 Common Shares, which represents approximately 0.06% of the issued and outstanding Common Shares.

As the general partner of Shamrock Activist Value Fund, the General Partner may be deemed to beneficially own the 2,271,465 Common Shares owned by Shamrock Activist Value Fund, constituting approximately 5.03% of the issued and outstanding Common Shares. As the managing member of the General Partner, Shamrock Partners may be deemed to beneficially own the 2,271,465 Common Shares owned by Shamrock Activist Value Fund, constituting approximately 5.03% of the issued and outstanding Common Shares. Shamrock Partners has sole voting and dispositive power with respect to the 2,271,465 Common Shares owned by Shamrock Activist Value Fund by virtue of its authority to vote and dispose of such Common Shares. Finally, each of the controlling persons of Shamrock Partners may be deemed to beneficially own the 2,271,465 Common Shares owned by Shamrock Activist Value Fund, pursuant to Rule 13d-3 of the Act. Those controlling persons are identified in response to Item 2.

The percentage of ownership figures set forth in this response to Items 5(a) and 5(b) assumes that 45,146,816 Common Shares were outstanding as of October 12, 2007, based on the information contained in the Company’s Form 10-Q filed with the U.S. Securities and Exchange Commission on August 8, 2007.

(c) During the last 60 days, SAVF, SAVF II and SAVF III acquired Common Shares on such dates, in such amounts and at such per share prices (excluding brokerage fees) as indicated on the Schedule of Transactions attached hereto as Exhibit 1 and incorporated herein by reference. All such transactions were effected in the open market on the Nasdaq National Market.

Except as set forth above, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, any person identified in response to Item 2, beneficially owns any Common Shares or has effected any transactions in Common Shares during the preceding 60 days.

(d) Not applicable.

(e) Not applicable.


ITEM 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

The Reporting Persons have no knowledge of any contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in response to Item 2 or between such persons and any person with respect to any securities of the Company.

 

ITEM 7. Material to be Filed as Exhibits.

 

Exhibit

     

Document

Exhibit 1     Schedule of Transactions
Exhibit 2     Joint Filing Agreement, dated October 19, 2007, among Shamrock Activist Value Fund, L.P., Shamrock Activist Value Fund II, L.P., Shamrock Activist Value Fund III, L.P., Shamrock Activist Value Fund GP, L.L.C. and Shamrock Partners Activist Value Fund, L.L.C.


SIGNATURES

After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.

Date: October 19, 2007

 

SHAMROCK ACTIVIST VALUE FUND, L.P.
By:   Shamrock Activist Value Fund GP, L.L.C.,
  its general partner
By:   Shamrock Partners Activist Value Fund, L.L.C.,
  its managing member
By:  

/s/ Michael J. McConnell

Name:   Michael J. McConnell
Title:   Vice President
SHAMROCK ACTIVIST VALUE FUND II, L.P.
By:   Shamrock Activist Value Fund GP, L.L.C.,
  its general partner
By:   Shamrock Partners Activist Value Fund, L.L.C.,
  its managing member
By:  

/s/ Michael J. McConnell

Name:   Michael J. McConnell
Title:   Vice President
SHAMROCK ACTIVIST VALUE FUND III, L.P.
By:   Shamrock Activist Value Fund GP, L.L.C.,
  its general partner
By:   Shamrock Partners Activist Value Fund, L.L.C.,
  its managing member
By:  

/s/ Michael J. McConnell

Name:   Michael J. McConnell
Title:   Vice President


SHAMROCK ACTIVIST VALUE FUND GP, L.L.C.
By:   Shamrock Partners Activist Value Fund, L.L.C.,
  its managing member
By:  

/s/ Michael J. McConnell

Name:   Michael J. McConnell
Title:   Vice President
SHAMROCK PARTNERS ACTIVIST VALUE FUND, L.L.C.
By:  

/s/ Michael J. McConnell

Name:   Michael J. McConnell
Title:   Vice President


Exhibit Index

 

Exhibit

       

Document

Exhibit 1

      Schedule of Transactions

Exhibit 2

      Joint Filing Agreement, dated October 19, 2007, among Shamrock Activist Value Fund, L.P., Shamrock Activist Value Fund II, L.P., Shamrock Activist Value Fund III, L.P., Shamrock Activist Value Fund GP, L.L.C. and Shamrock Partners Activist Value Fund, L.L.C.
EX-1 2 dex1.htm SCHEDULE OF TRANSACTIONS Schedule of Transactions

Exhibit 1

Schedule of Transactions

Shamrock Activist Value Fund, L.P.

 

Date

   Number of
Common Shares
   Price Per Common
Shares in $US*
   Total
Purchase Price

08/21/07

   8,379    $ 19.9374    $ 167,055

08/22/07

   8,379    $ 20.2569    $ 169,732

08/23/07

   8,379    $ 20.6581    $ 173,094

08/24/07

   8,379    $ 20.7791    $ 174,108

08/27/07

   12,567    $ 20.5348    $ 258,061

08/28/07

   29,324    $ 20.3271    $ 596,072

08/29/07

   29,324    $ 20.3471    $ 596,658

08/30/07

   29,324    $ 20.2977    $ 595,210

08/31/07

   29,324    $ 20.5128    $ 601,518

09/04/07

   29,324    $ 20.5738    $ 603,306

09/05/07

   29,324    $ 20.3166    $ 595,764

09/06/07

   29,324    $ 20.1742    $ 591,588

09/07/07

   29,324    $ 19.8438    $ 581,900

09/10/07

   29,324    $ 19.6235    $ 575,440

09/11/07

   29,324    $ 19.8209    $ 581,228

09/12/07

   29,324    $ 19.6911    $ 577,422

09/13/07

   29,324    $ 19.4381    $ 570,003

09/14/07

   29,324    $ 19.3362    $ 567,015

09/17/07

   29,324    $ 19.3146    $ 566,381

09/18/07

   29,324    $ 19.3834    $ 568,399

09/19/07

   29,324    $ 19.7686    $ 579,694

09/20/07

   29,324    $ 19.6839    $ 577,211

09/21/07

   29,324    $ 19.7246    $ 578,404

09/24/07

   29,324    $ 19.6927    $ 577,469

09/25/07

   29,324    $ 19.6953    $ 577,545

09/26/07

   29,324    $ 19.8540    $ 582,199

09/27/07

   14,662    $ 19.8181    $ 290,573

09/28/07

   43,988    $ 19.8396    $ 872,704

10/01/07

   29,324    $ 20.1072    $ 589,624

10/02/07

   29,324    $ 20.2157    $ 592,805

10/03/07

   29,324    $ 20.5361    $ 602,201

10/04/07

   29,324    $ 21.0359    $ 616,857

10/05/07

   29,324    $ 21.3212    $ 625,223


Shamrock Activist Value Fund, L.P.

 

Date

   Number of
Common Shares
   Price Per Common
Shares in $US*
   Total
Purchase Price

10/08/07

   29,324    $ 21.4763    $ 629,771

10/09/07

   29,324    $ 21.6179    $ 633,923

10/10/07

   29,324    $ 21.5720    $ 632,577

10/11/07

   100,543    $ 20.0510    $ 2,015,988

10/12/07

   41,977    $ 20.2965    $ 851,986
              

Total

   1,097,649       $ 22,136,708
Shamrock Activist Value Fund II, L.P.

Date

   Number of
Common Shares
   Price Per Common
Shares in $US*
   Total
Purchase Price

08/21/07

   1,616    $ 19.9374    $ 32,219

08/22/07

   1,616    $ 20.2569    $ 32,735

08/23/07

   1,616    $ 20.6581    $ 33,383

08/24/07

   1,616    $ 20.7791    $ 33,579

08/27/07

   2,425    $ 20.5348    $ 49,797

08/28/07

   5,658    $ 20.3271    $ 115,011

08/29/07

   5,658    $ 20.3471    $ 115,124

08/30/07

   5,658    $ 20.2977    $ 114,844

08/31/07

   5,658    $ 20.5128    $ 116,061

09/04/07

   5,658    $ 20.5738    $ 116,407

09/05/07

   5,658    $ 20.3166    $ 114,951

09/06/07

   5,658    $ 20.1742    $ 114,146

09/07/07

   5,658    $ 19.8438    $ 112,276

09/10/07

   5,658    $ 19.6235    $ 111,030

09/11/07

   5,658    $ 19.8209    $ 112,147

09/12/07

   5,658    $ 19.6911    $ 111,412

09/13/07

   5,658    $ 19.4381    $ 109,981

09/14/07

   5,658    $ 19.3362    $ 109,404

09/17/07

   5,658    $ 19.3146    $ 109,282

09/18/07

   5,658    $ 19.3834    $ 109,671

09/19/07

   5,658    $ 19.7686    $ 111,851

09/20/07

   5,658    $ 19.6839    $ 111,372

09/21/07

   5,658    $ 19.7246    $ 111,602

09/24/07

   5,658    $ 19.6927    $ 111,421

09/25/07

   5,658    $ 19.6953    $ 111,436


Shamrock Activist Value Fund II, L.P.

 

Date

   Number of
Common Shares
   Price Per Common
Shares in $US*
   Total
Purchase Price

09/26/07

   5,658    $ 19.8540    $ 112,334

09/27/07

   2,829    $ 19.8181    $ 56,065

09/28/07

   8,486    $ 19.8396    $ 168,359

10/01/07

   5,658    $ 20.1072    $ 113,767

10/02/07

   5,658    $ 20.2157    $ 114,380

10/03/07

   5,658    $ 20.5361    $ 116,193

10/04/07

   5,658    $ 21.0359    $ 119,021

10/05/07

   5,658    $ 21.3212    $ 120,635

10/08/07

   5,658    $ 21.4763    $ 121,513

10/09/07

   5,658    $ 21.6179    $ 122,314

10/10/07

   5,658    $ 21.5720    $ 122,054

10/11/07

   19,397    $ 20.0510    $ 388,929

10/12/07

   8,098    $ 20.2965    $ 164,361
              

Total

   211,781       $ 4,271,067
Shamrock Activist Value Fund III, L.P.         

Date

   Number of
Common Shares
   Price Per Common
Shares in $US*
   Total
Purchase Price

08/21/07

   5    $ 19.9374    $ 100

08/22/07

   5    $ 20.2569    $ 101

08/23/07

   5    $ 20.6581    $ 103

08/24/07

   5    $ 20.7791    $ 104

08/27/07

   8    $ 20.5348    $ 164

08/28/07

   18    $ 20.3271    $ 366

08/29/07

   18    $ 20.3471    $ 366

08/30/07

   18    $ 20.2977    $ 365

08/31/07

   18    $ 20.5128    $ 369

09/04/07

   18    $ 20.5738    $ 370

09/05/07

   18    $ 20.3166    $ 366

09/06/07

   18    $ 20.1742    $ 363

09/07/07

   18    $ 19.8438    $ 357

09/10/07

   18    $ 19.6235    $ 353

09/11/07

   18    $ 19.8209    $ 357

09/12/07

   18    $ 19.6911    $ 354


Shamrock Activist Value Fund III, L.P.

 

Date

   Number of
Common Shares
   Price Per Common
Shares in $US*
   Total
Purchase Price

09/13/07

   18    $ 19.4381    $ 350

09/14/07

   18    $ 19.3362    $ 348

09/17/07

   18    $ 19.3146    $ 348

09/18/07

   18    $ 19.3834    $ 349

09/19/07

   18    $ 19.7686    $ 356

09/20/07

   18    $ 19.6839    $ 354

09/21/07

   18    $ 19.7246    $ 355

09/24/07

   18    $ 19.6927    $ 354

09/25/07

   18    $ 19.6953    $ 355

09/26/07

   18    $ 19.8540    $ 357

09/27/07

   9    $ 19.8181    $ 178

09/28/07

   26    $ 19.8396    $ 516

10/01/07

   18    $ 20.1072    $ 362

10/02/07

   18    $ 20.2157    $ 364

10/03/07

   18    $ 20.5361    $ 370

10/04/07

   18    $ 21.0359    $ 379

10/05/07

   18    $ 21.3212    $ 384

10/08/07

   18    $ 21.4763    $ 387

10/09/07

   18    $ 21.6179    $ 389

10/10/07

   18    $ 21.5720    $ 388

10/11/07

   60    $ 20.0510    $ 1,203

10/12/07

   25    $ 20.2965    $ 507
              

Total

   670       $ 13,511

* Excludes Brokerage Commissions
EX-2 3 dex2.htm JOINT FILING AGREEMENT Joint Filing Agreement

Exhibit 2

AGREEMENT

JOINT FILING OF SCHEDULE 13D AND ALL FUTURE AMENDMENTS TO

SCHEDULE 13D

Each of the undersigned hereby agrees to file jointly the Statement on Schedule 13D to which this Agreement is attached, and any amendments to the Statement on Schedule 13D (the “Schedule 13D”) with respect to Common Shares of Websense, Inc. which may be deemed necessary, pursuant to Regulation 13D under the Securities Exchange Act of 1934.

It is understood and agreed that each of the parties hereto is responsible for the timely filing of such statement and any future amendments to the Schedule 13D, and for the completeness and accuracy of the information concerning such party contained therein, but such party is not responsible for the completeness or accuracy of information concerning any other party unless such party knows or has reason to believe that such information is inaccurate.

It is understood and agreed that a copy of this Agreement shall be attached as an exhibit to the Statement on the Schedule 13D, and any future amendments to the Schedule 13D, filed on behalf of each of the parties hereto.

Date: October 19, 2007

 

SHAMROCK ACTIVIST VALUE FUND, L.P.
By:   Shamrock Activist Value Fund GP, L.L.C., its general partner
By:   Shamrock Partners Activist Value Fund, L.L.C., its managing member
By:  

/s/ Michael J. McConnell

Name:   Michael J. McConnell
Title:   Vice President


SHAMROCK ACTIVIST VALUE FUND II, L.P.
By:   Shamrock Activist Value Fund GP, L.L.C., its general partner
By:   Shamrock Partners Activist Value Fund, L.L.C., its managing member
By:  

/s/ Michael J. McConnell

Name:   Michael J. McConnell
Title:   Vice President
SHAMROCK ACTIVIST VALUE FUND III, L.P.
By:   Shamrock Activist Value Fund GP, L.L.C., its general partner
By:   Shamrock Partners Activist Value Fund, L.L.C., its managing member
By:  

/s/ Michael J. McConnell

Name:   Michael J. McConnell
Title:   Vice President
SHAMROCK ACTIVIST VALUE FUND GP, L.L.C.
By:   Shamrock Partners Activist Value Fund, L.L.C., its managing member
By:  

/s/ Michael J. McConnell

Name:   Michael J. McConnell
Title:   Vice President
SHAMROCK PARTNERS ACTIVIST VALUE FUND, L.L.C.
By:  

/s/ Michael J. McConnell

Name:   Michael J. McConnell
Title:   Vice President
-----END PRIVACY-ENHANCED MESSAGE-----