-----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, Fs9Ru/b+O+KfCUS0K/NJBeoLrMd423p0YnDPAKuu4g/KU8sEbp1hAvlXiJj6Cv03 weX7qZXzbuYqWs1L//ZnvQ== 0000902664-04-001565.txt : 20041101 0000902664-04-001565.hdr.sgml : 20041101 20041101145459 ACCESSION NUMBER: 0000902664-04-001565 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20041101 DATE AS OF CHANGE: 20041101 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Savitz Jonathan CENTRAL INDEX KEY: 0001304264 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: BUSINESS PHONE: 203-302-2222 MAIL ADDRESS: STREET 1: C/O GREYWOLF CAPITAL MANAGEMENT LP STREET 2: 411 WEST PUTNAM AVENUE, SUITE 265 CITY: GREENWICH STATE: CT ZIP: 06830 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DDI CORP CENTRAL INDEX KEY: 0001104252 STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672] IRS NUMBER: 061576013 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-59219 FILM NUMBER: 041109544 BUSINESS ADDRESS: STREET 1: 1220 SIMON CIRCLE CITY: AHAMEIM STATE: CA ZIP: 92806 BUSINESS PHONE: 7146887200 MAIL ADDRESS: STREET 1: 1220 SIMON CIRCLE CITY: AHAHEIM STATE: CA ZIP: 92806 SC 13G 1 srz9748694v3.txt DDI CORP. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ----------------------------------------- SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) and (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. _________)1 DDI CORP. ------------------ (Name of Issuer) COMMON STOCK --------------------------- (Title of Class of Securities) 233162304 --------------- (CUSIP Number) OCTOBER 26, 2004 -------------------------------------------------- (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) __________________________________ 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 the disclosures provided in a prior cover page. 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 (however, SEE the NOTES). SCHEDULE 13G CUSIP NO. 233162304 PAGE 2 OF 4 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) GREYWOLF CAPITAL PARTNERS II LP - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ] (B) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- Number of 5 SOLE VOTING POWER 673,245 (SEE ITEM 4) Shares ------------------------------------------------------------------ Beneficially 6 SHARED VOTING POWER 0 (SEE ITEM 4) Owned By ------------------------------------------------------------------ Each 7 SOLE DISPOSITIVE POWER 673,245 (SEE ITEM 4) Reporting ------------------------------------------------------------------ Person With 8 SHARED DISPOSITIVE POWER 0 (SEE ITEM 4) - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 673,245 (SEE ITEM 4) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.6% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- SCHEDULE 13G CUSIP NO. 233162304 PAGE 3 OF 4 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) GREYWOLF CAPITAL OVERSEAS FUND - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ] (B) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION CAYMAN ISLANDS - -------------------------------------------------------------------------------- Number of 5 SOLE VOTING POWER 676,755 (SEE ITEM 4) Shares ------------------------------------------------------------------ Beneficially 6 SHARED VOTING POWER 0 (SEE ITEM 4) Owned By ------------------------------------------------------------------ Each 7 SOLE DISPOSITIVE POWER 676,755 (SEE ITEM 4) Reporting ------------------------------------------------------------------ Person With 8 SHARED DISPOSITIVE POWER 0 (SEE ITEM 4) - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 676,755 (SEE ITEM 4) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.7% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- SCHEDULE 13G CUSIP NO. 233162304 PAGE 4 OF 4 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) JONATHAN SAVITZ - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ] (B) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES - -------------------------------------------------------------------------------- Number of 5 SOLE VOTING POWER 0 (SEE ITEM 4)) Shares ------------------------------------------------------------------ Beneficially 6 SHARED VOTING POWER 0 (SEE ITEM 4) Owned By ------------------------------------------------------------------ Each 7 SOLE DISPOSITIVE POWER 0 (SEE ITEM 4) Reporting ------------------------------------------------------------------ Person With 8 SHARED DISPOSITIVE POWER 0 (SEE ITEM 4) - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,350,000 (SEE ITEM 4) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.3% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- ITEM 1(A) NAME OF ISSUER: DDi Corp. ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 1220 Simon Circle, Anaheim, California, 92806 ITEM 2.1 (A) NAME OF PERSON FILING: This statement is filed by: Greywolf Capital Partners II LP (B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 411 West Putnam Avenue Suite 265 Greenwich, CT 06830 (C) CITIZENSHIP: Delaware (D) TITLE OF CLASS OF SECURITIES: Common Stock (E) CUSIP NUMBER: 233162304 ITEM 2.2 (A) NAME OF PERSON FILING: This statement is filed by: Greywolf Capital Overseas Fund (B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 6 Front Street Hamilton HM11 Bermuda (C) CITIZENSHIP: Cayman Islands (D) TITLE OF CLASS OF SECURITIES: Common Stock (E) CUSIP NUMBER: 233162304 ITEM 2.3 (A) NAME OF PERSON FILING: This statement is filed by: Jonathan Savitz (B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 411 West Putnam Avenue Suite 265 Greenwich, CT 06830 (C) CITIZENSHIP: United States (D) TITLE OF CLASS OF SECURITIES: Common Stock (E) CUSIP NUMBER: 233162304 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 A: (a) [ ] Broker or Dealer registered under Section 15 of the Act. (b) [ ] Bank as defined in Section 3(a)(6) of the Act. (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act. (d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940. (e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940; (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). NOT APPLICABLE. THIS SCHEDULE IS FILED PURSUANT TO 13D-1(C). ITEM 4 OWNERSHIP: (a)-(b) Greywolf Capital Partners II LP and Greywolf Capital Overseas Fund acquired the Common Stock of the Issuer (the "Common Stock"). The approximate percentage of shares of Common Stock reported beneficially owned by each Reporting Person herein is based upon 25,463,119 shares, which reflects the sum of the shares of Common Stock issued and outstanding as reported in the last 10-Q filing, filed by the issuer. Greywolf Capital Partners II LP beneficially owns 673,245 shares of Common Stock of the Issuer, which represents approximately 2.6% of the outstanding shares of Common Stock of the Issuer. Greywolf Capital Overseas Fund beneficially owns 676,755 shares of Common Stock of the Issuer, which represents approximately 2.7% of the outstanding shares of Common Stock of the Issuer. Mr. Savitz is the senior managing member of a limited liability company which is the sole general partner of Greywolf Capital Partners II LP. Mr. Savitz is also the managing member of a limited liability company which is the general partner of the investment manager for Greywolf Capital Overseas Fund. This investment manager exercises investment discretion and control over the securities held by Greywolf Capital Overseas Fund. Mr. Jonathan Savitz does not directly own any Shares of Common Stock of the Issuer. Mr. Savitz may be deemed to beneficially own 1,350,000 Shares, which represents approximately 5.3% of the outstanding shares of Common Stock, of which 673,245 are owned directly by Greywolf Capital Partners II LP and 676,755 are owned directly by Greywolf Capital Overseas Fund. Mr. Savitz disclaims beneficial ownership of all such Shares of Common Stock, in excess of his pecuniary interests. (c) (i) Sole power to vote or direct the vote: Greywolf Capital Partners II LP: 673,245 Greywolf Capital Overseas Fund: 676,755 Jonathan Savitz: 0 (ii) Shared power to vote or direct the vote: Greywolf Capital Partners II LP: 0 Greywolf Capital Overseas Fund: 0 Jonathan Savitz: 0 (iii) Sole power to dispose or direct the disposition: Greywolf Capital Partners II LP: 673,245 Greywolf Capital Overseas Fund: 676,755 Jonathan Savitz: 0 (iv) Shared power to dispose or direct the disposition: Greywolf Capital Partners II LP: 0 Greywolf Capital Overseas Fund: 0 Jonathan Savitz: 0 ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. Not applicable. 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 OR CONTROL PERSON. Not applicable. ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. The Reporting Persons may be deemed to be a group for purposes of Section 13(d) under the Securities Exchange Act of 1934, as amended with respect to their investment in Common Stock of the Issuer, but do not affirm the existence of a group. ITEM 9 NOTICE OF DISSOLUTION OF GROUP. Not applicable. ITEM 10 CERTIFICATIONS. (a) Not applicable. (b) 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 with or as a participant in any transaction having that purpose or effect. SIGNATURES After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: November 1, 2004 GREYWOLF CAPITAL PARTNERS II LP By: GREYWOLF ADVISORS LLC, its general partner By:____________________________ Name: Jonathan Savitz Title: Senior Managing Member GREYWOLF CAPITAL OVERSEAS FUND By: GREYWOLF CAPITAL MANAGEMENT LP, its investment manager By: GREYWOLF GP LLC, its general partner By:____________________________ Name: Jonathan Savitz Title: Managing Member ____________________________ JONATHAN SAVITZ Schedule I JOINT FILING AGREEMENT This will confirm the agreement by and among all of the undersigned that the Schedule 13G filed on or about this date and any amendments thereto with respect to the beneficial ownership by the undersigned of shares of Common Stock of DDi Corp. is being filed on behalf of the undersigned. This Agreement may be executed in two or more counterparts, each of which shall constitute one and the same instrument. Dated: November 1, 2004 GREYWOLF CAPITAL PARTNERS II LP By: GREYWOLF ADVISORS LLC, its general partner By:____________________________ Name: Jonathan Savitz Title: Senior Managing Member GREYWOLF CAPITAL OVERSEAS FUND By: GREYWOLF CAPITAL MANAGEMENT LP, its investment manager By: GREYWOLF GP LLC, its general partner By:____________________________ Name: Jonathan Savitz Title: Managing Member ____________________________ JONATHAN SAVITZ -----END PRIVACY-ENHANCED MESSAGE-----