0001144204-13-063171.txt : 20131120 0001144204-13-063171.hdr.sgml : 20131120 20131119173625 ACCESSION NUMBER: 0001144204-13-063171 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20131120 DATE AS OF CHANGE: 20131119 GROUP MEMBERS: MERCURY FUND X, LTD. GROUP MEMBERS: MERCURY MANAGEMENT, L.L.C. GROUP MEMBERS: MERCURY VENTURES II, LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AUTOBYTEL INC CENTRAL INDEX KEY: 0001023364 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 330711569 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-58067 FILM NUMBER: 131231007 BUSINESS ADDRESS: STREET 1: 18872 MACARTHUR BLVD STREET 2: SUITE 200 CITY: IRVINE STATE: CA ZIP: 92612-1400 BUSINESS PHONE: 9492254500 MAIL ADDRESS: STREET 1: 18872 MACARTHUR BLVD STREET 2: SUITE 200 CITY: IRVINE STATE: CA ZIP: 92612-1400 FORMER COMPANY: FORMER CONFORMED NAME: AUTOBYTEL INC DATE OF NAME CHANGE: 20010905 FORMER COMPANY: FORMER CONFORMED NAME: AUTOBYTEL COM INC DATE OF NAME CHANGE: 19981230 FORMER COMPANY: FORMER CONFORMED NAME: AUTO BY TEL CORP DATE OF NAME CHANGE: 19960920 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HOWE KEVIN C CENTRAL INDEX KEY: 0001209253 FILING VALUES: FORM TYPE: SC 13G/A SC 13G/A 1 v361066_sc13ga.htm SCHEDULE 13G/A

 

CUSIP No. 05275N106 Page 1 of 10

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

Schedule 13G/A

(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)

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

AUTOBYTEL INC.

(Name of Issuer)

 

Common Stock, $0.001 par value

(Title of Class of Securities)

 

05275N106

(CUSIP Number)

 

November 12, 2013
(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)
xRule 13d-1(c)
¨Rule 13d-1(d)

 

*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, as amended ("Act"), or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

 

 
 

 

CUSIP No. 05275N106 Page 2 of 10

 

1. Name of Reporting Person
  I. R. S. Identification No. of Above Person (entities only)

 

  Mercury Fund X, Ltd.      I.R.S. Identification No. 27-4538464

 

2. Check the Appropriate Box if a Member of a Group* (a) ¨
    (b) ¨
     

 

3. SEC Use Only
   

 

4. Citizenship or Place of Organization Texas
     

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With		 5. Sole Voting Power 444,252 (1)
     
6. Shared Voting Power -0-
     
7. Sole Dispositive Power 444,252 (1)
     
8. Shared Dispositive Power -0-

 

 

9. Aggregate Amount Beneficially Owned by Each Reporting Person 444,252 (1)
     
     
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* ¨
     
     
11. Percent of Class Represented by Amount in Row (9) 4.99% (2)
     
     
12. Type of Reporting Person* PN
     

 

(1)

Mr. Howe exercises voting and disposition power over such shares on behalf of Mercury Management, the General Partner of Mercury Ventures II, Ltd. ("Mercury Ventures II"), which is the General Partner of Mercury Fund X, Ltd. ("Mercury X").

   
(2)

Assumes a total of 8,906,686 shares of Common Stock outstanding based on the Autobytel Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2013 filed on November 7, 2013.

 

 
 

 

CUSIP No. 05275N106 Page 3 of 10

 

1. Name of Reporting Person
  I. R. S. Identification No. of Above Person (entities only)

 

  Mercury Ventures II, Ltd. I.R.S. Identification No. 20-4736567

 

2. Check the Appropriate Box if a Member of a Group* (a) ¨
    (b) ¨
     

 

3. SEC Use Only
   

 

4. Citizenship or Place of Organization Texas
     

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With		 5. Sole Voting Power 444,252 (1)
     
6. Shared Voting Power -0-
     
7. Sole Dispositive Power 444,252 (1)
     
8. Shared Dispositive Power -0-

 

 

9. Aggregate Amount Beneficially Owned by Each Reporting Person 444,252 (1)
     
     
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* ¨
     
     
11. Percent of Class Represented by Amount in Row (9) 4.99% (2)
     
     
12. Type of Reporting Person* PN
     

  

(1)

Mr. Howe exercises voting and disposition power over such shares on behalf of Mercury Management, L.L.C. (“Mercury Management”), the General Partner of Mercury Ventures II, which is the General Partner of Mercury Fund X, which owns 444,252 shares of common stock (“Common Stock”) of Autobytel Inc. (“Autobytel”).

   
(2)

Assumes a total of 8,906,686 shares of Common Stock outstanding based on the Autobytel Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2013 filed on November 7, 2013.

  

 
 

 

CUSIP No. 05275N106 Page 4 of 10

 

1. Name of Reporting Person
  I. R. S. Identification No. of Above Person (entities only)

 

  Mercury Management, L.L.C. I.R.S. Identification No. 75-2796232

 

2. Check the Appropriate Box if a Member of a Group* (a) ¨
    (b) ¨
     

 

3. SEC Use Only
   

 

4. Citizenship or Place of Organization Texas
     

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With		 5. Sole Voting Power 444,252 (1)
     
6. Shared Voting Power -0-
     
7. Sole Dispositive Power 444,252 (1)
     
8. Shared Dispositive Power -0-

 

 

9. Aggregate Amount Beneficially Owned by Each Reporting Person 444,252 (1)
     
     
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* ¨
     
     
11. Percent of Class Represented by Amount in Row (9) 4.99% (2)
     
     
12. Type of Reporting Person* OO
     

 

(1)

Mr. Howe exercises voting and disposition power over such shares on behalf of Mercury Management, the General Partner of Mercury Ventures II, which is the General Partner of Mercury X, which owns 444,252 shares of Common Stock.

   
(2)

Assumes a total of 8,906,686 shares of Common Stock outstanding based on the Autobytel Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2013 filed on November 7, 2013.

 

 
 

 

CUSIP No. 05275N106 Page 5 of 10

 

1. Name of Reporting Person
  I. R. S. Identification No. of Above Person (entities only)

 

  Kevin C. Howe

 

2. Check the Appropriate Box if a Member of a Group* (a) ¨
    (b) ¨
     

 

3. SEC Use Only
   

 

4. Citizenship or Place of Organization United States
     

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With		 5. Sole Voting Power 444,252 (1)
     
6. Shared Voting Power -0-
     
7. Sole Dispositive Power 444,252 (1)
     
8. Shared Dispositive Power -0-

 

 

9. Aggregate Amount Beneficially Owned by Each Reporting Person 444,252 (1)
     
     
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* ¨
     
     
11. Percent of Class Represented by Amount in Row (9) 4.99% (2)
     
     
12. Type of Reporting Person* IN
     

  

(1)

Mr. Howe exercises voting and disposition power over such shares on behalf of Mercury Management, the General Partner of Mercury Ventures II, which is the General Partner of Mercury X, which owns 444,252 shares of Common Stock.

   
(2)

Assumes a total of 8,906,686 shares of Common Stock outstanding based on the Autobytel Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2013 filed on November 7, 2013.

  

*SEE INSTRUCTIONS BEFORE FILLING OUT! 

 

 
 

  

CUSIP No. 05275N106 Page 6 of 10

  

 

Introduction

 

Pursuant to Rule 13d-1(k)(1) of the Securities Exchange Act of 1934, as amended, Mercury Fund X, Ltd. ("Mercury X"), Mercury Ventures II, Ltd. ("Mercury Ventures II"), Mercury Management, L.L.C. ("Mercury Management") and Kevin C. Howe ("Mr. Howe") are making this joint filing on Schedule 13G/A.

 

Item 1(a).Name of Issuer:

 

Autobytel Inc., a Delaware corporation (“Autobytel”)

 

Item 1(b).Address of Issuer's Principal Executive Offices:

 

18872 MacArthur Blvd., Suite 200, Irvine, CA 92612-1448

 

Item 2(a).Name of Person Filing:

 

Mercury Fund X, Ltd.

 

Mercury Ventures II, Ltd.

 

Mercury Management, L.L.C.

 

Kevin C. Howe

 

Item 2(b).Address of Principal Business Office or, if None, Residence:

 

The principal business office of Mercury Fund X, Ltd., Mercury Ventures II, Mercury Management and Mr. Howe is 501 Park Lake Drive, McKinney, Texas 75070.

 

Item 2(c).Citizenship:

 

Mercury X's place of organization is Texas

 

Mercury Ventures II's place of organization is Texas

 

Mercury Management's place of organization is Texas

 

Mr. Howe is a citizen of the United States

 

Item 2(d).Title of Class of Securities:

 

Common stock, $0.001 par value per share (the "Common Stock")

 

Item 2(e).CUSIP Number:

 

05275N106

 

 
 

CUSIP No. 05275N106 Page 7 of 10

 

 

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:

 

Not Applicable.

 

Item 4.Ownership:

 

Mercury X

 

  (a) Amount beneficially owned: 444,252 (1)
  (b) Percent of class: 4.99% (2)
  (c) Number of shares as to which the person has:  
    (i) Sole power to vote or direct the vote 444,252 (1)
    (ii) Shared power to vote or direct the vote -0-
    (iii) Sole power to dispose or to direct the disposition of 444,252 (1)
    (iv) Shared power to dispose or to direct the disposition of -0-

 

(1)Mr. Howe exercises voting and disposition power over such shares on behalf of Mercury Management, the General Partner of Mercury Ventures II, which is the General Partner of Mercury X.

 

(2)Assumes a total of 8,906,686 shares of Common Stock outstanding based on the Autobytel Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2013 filed on November 7, 2013.

 

 

Mercury Ventures II

 

  (a) Amount beneficially owned: 444,252 (1)
  (b) Percent of class: 4.99% (2)
  (c) Number of shares as to which the person has:  
    (i) Sole power to vote or direct the vote 444,252 (1)
    (ii) Shared power to vote or direct the vote -0-
    (iii) Sole power to dispose or to direct the disposition of 444,252 (1)
    (iv) Shared power to dispose or to direct the disposition of -0-

 

(1)Mr. Howe exercises voting and disposition power over such shares on behalf of Mercury Management, the General Partner of Mercury Ventures II, which is the General Partner of Mercury X, which owns 444,252 shares of Common Stock.

 

(2)Assumes a total of 8,906,686 shares of Common Stock outstanding based on the Autobytel Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2013 filed on November 7, 2013.

 

 
 

CUSIP No. 05275N106 Page 8 of 10

 

 

Mercury Management

 

  (a) Amount beneficially owned: 444,252 (1)
  (b) Percent of class: 4.99% (2)
  (c) Number of shares as to which the person has:  
    (i) Sole power to vote or direct the vote 444,252 (1)
    (ii) Shared power to vote or direct the vote -0-
    (iii) Sole power to dispose or to direct the disposition of 444,252 (1)
    (iv) Shared power to dispose or to direct the disposition of -0-

 

(1)Mr. Howe exercises voting and disposition power over such shares on behalf of Mercury Management, the General Partner of Mercury Ventures II, which is the General Partner of Mercury X, which owns 444,252 shares of Common Stock.

 

 

(2)Assumes a total of 8,906,686 shares of Common Stock outstanding based on the Autobytel Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2013 filed on November 7, 2013.

 

Mr. Howe

 

  (a) Amount beneficially owned: 444,252 (1)
  (b) Percent of class: 4.99% (2)
  (c) Number of shares as to which the person has:  
    (i) Sole power to vote or direct the vote 444,252 (1)
    (ii) Shared power to vote or direct the vote -0-
    (iii) Sole power to dispose or to direct the disposition of 444,252 (1)
    (iv) Shared power to dispose or to direct the disposition of -0-

 

(1)Mr. Howe exercises voting and disposition power over such shares on behalf of Mercury Management, the General Partner of Mercury Ventures II, which is the General Partner of Mercury X, which owns 444,252 shares of Common Stock.

 

(2)Assumes a total of 8,906,686 shares of Common Stock outstanding based on the Autobytel Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2013 filed on November 7, 2013.

 

Item 5.Ownership of Five Percent or Less of a Class:

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial 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

 

 
 

CUSIP No. 05275N106 Page 9 of 10

 

 

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:

 

The following lists each member of the group filing this Schedule 13G/A pursuant to Rule 13d-1(c):

 

Mercury Fund X, Ltd.

 

Mercury Ventures II, Ltd.

 

Mercury Management, L.L.C.

 

Kevin C. Howe

 

Item 9.Notice of Dissolution of Group:

 

Not Applicable

 

Item 10.Certification:

 

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.

 

[Remainder of Page Intentionally Left Blank]

 

 

 
 

CUSIP No. 05275N106 Page 10 of 10

 

 

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.

 

November 18, 2013 MERCURY FUND X, LTD.
   
  By: MERCURY VENTURES II, LTD.
    General Partner  
         
  By: MERCURY MANAGEMENT, L.L.C.
    General Partner  
         
    By: /s/ Kevin C. Howe  
    Name: Kevin C. Howe  
    Title: Manager  
         
November 18, 2013 MERCURY VENTURES II, LTD.
   
  By: MERCURY MANAGEMENT, L.L.C.
    General Partner  
       
  By: /s/ Kevin C. Howe  
  Name: Kevin C. Howe  
  Title: Manager  
         
November 18, 2013 MERCURY MANAGEMENT, L.L.C.
         
  By: /s/ Kevin C. Howe  
    Name: Kevin C. Howe  
    Title: Manager  
         
November 18, 2013 /s/ Kevin C. Howe  
  Kevin C. Howe  

 

 

 

 
 

EXHIBIT A

JOINT FILING AGREEMENT

 

 

 

 

 

 

 
 

SCHEDULE 13G/A

JOINT FILING AGREEMENT

 

This Joint Filing Agreement is dated as of November 18, 2013 by and among Mercury Fund X, Ltd., ("Mercury X"), Mercury Ventures II, Ltd. ("Mercury Ventures II"), Mercury Management, L.L.C. ("Mercury Management") and Kevin C. Howe ("Mr. Howe").

 

WHEREAS, pursuant to paragraph (k)(1) of Rule 13d-1 promulgated under Section 13d(1) of the Securities Exchange Act of 1934, as amended (the "Act"), the parties hereto have decided to satisfy their filing obligations under the Act by a single joint filing.

 

NOW, THEREFORE, the undersigned do hereby agree as follows:

 

1.       The Schedule 13G/A (the "Schedule 13G/A") with respect to Autobytel Inc., a Delaware corporation, to which this Agreement is attached as Exhibit A is filed on behalf of Mercury X, Mercury Ventures II, Mercury Management and Mr. Howe. Mercury X, Mercury Ventures II and Mercury Management hereby authorize Mr. Howe to file the Schedule 13G/A on their behalf.

 

2.       Each of Mercury X, Mercury Ventures II, Mercury Management and Mr. Howe is responsible for the completeness and accuracy of the information concerning such person or entity contained therein; provided that each person or entity is not responsible for the completeness or accuracy of the information concerning any other person or entity making such filing.

 

 

[Remainder of Page Intentionally Left Blank]

 

 
 

IN WITNESS WHEREOF, the undersigned hereunto set their hands as of the date first above written.

 

  MERCURY FUND X, LTD.
   
  By: MERCURY VENTURES II, LTD.
    General Partner
           
    By: MERCURY MANAGEMENT, L.L.C.
      General Partner
           
      By: /s/ Kevin C. Howe  
      Name: Kevin C. Howe  
      Title: Manager  
           
  MERCURY VENTURES II, LTD.
   
  By: MERCURY MANAGEMENT, L.L.C.
    General Partner
     
    By: /s/ Kevin C. Howe  
    Name: Kevin C. Howe  
    Title: Manager  
           
  MERCURY MANAGEMENT, L.L.C.
           
  By: /s/ Kevin C. Howe  
  Name: Kevin C. Howe  
  Title: Manager  
           
  /s/ Kevin C. Howe  
  Name: Kevin C. Howe