-----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, GfP+HSStHjLuibcvVa1ZIt57mPF/p++m2BysvuFBXep0NWV/CBtIghu2IMwDtZNe N80wWH0K/B5uDj/UEZHXxw== 0000950144-08-003978.txt : 20080512 0000950144-08-003978.hdr.sgml : 20080512 20080512133303 ACCESSION NUMBER: 0000950144-08-003978 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080512 DATE AS OF CHANGE: 20080512 GROUP MEMBERS: CUTLASS CAPITAL AFFILIATES FUND, L.P. GROUP MEMBERS: CUTLASS CAPITAL MANAGEMENT, L.L.C. GROUP MEMBERS: CUTLASS CAPITAL PRINCIPALS FUND, L.L.C. GROUP MEMBERS: EDWIN D. HETZ GROUP MEMBERS: JONATHAN W. OSGOOD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TRANS1 INC CENTRAL INDEX KEY: 0001230355 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-83222 FILM NUMBER: 08822210 BUSINESS ADDRESS: STREET 1: 411 LANDMARK DRIVE CITY: WILMINGTON STATE: NC ZIP: 28412-6303 BUSINESS PHONE: 910-509-3100 MAIL ADDRESS: STREET 1: 411 LANDMARK DRIVE CITY: WILMINGTON STATE: NC ZIP: 28412-6303 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CUTLASS CAPITAL LP CENTRAL INDEX KEY: 0001178101 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 150 CALIFORNIA STREET STREET 2: 23RD FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4152777600 SC 13G 1 g13387gpsc13g.htm TRANS1, INC. TranS1, Inc.
Table of Contents

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.                     )
TRANS1 INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
89385X 105
(CUSIP Number)
December 31, 2007
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
      o Rule 13d-1(b)
 
      o Rule 13d-1(c)
 
      þ 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 (“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).
 
 

 

Table of Contents

                     
CUSIP No.
  
89385X 105 
   Page  
2 
   of   
12 
SCHEDULE 13G

 

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

Cutlass Capital, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   None
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,755,752 (1)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   None
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,755,752 (1)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,755,752 shares of Common Stock (1)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  8.7% (2)
     
12   TYPE OF REPORTING PERSON (See Instructions)
   
  PN
(1) 1,755,752 shares of Common Stock are owned directly by Cutlass Capital, L.P. and indirectly by Cutlass Management, L.L.C., as the general partner of Cutlass Capital, L.P., and each of Jonathan W. Osgood (a director of the Issuer) and Edwin D. Hetz, as the two managing members of Cutlass Capital Management, L.L.C. Each of Cutlass Capital Management, L.L.C., Mr. Osgood and Mr. Hetz disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.
(2) This percentage is calculated based upon 20,130,961 shares of the Issuer’s common stock outstanding (as of April 23, 2008), as set forth in the Issuer’s Schedule 14A, filed with the Securities and Exchange Commission on April 25, 2008.

Table of Contents

                     
CUSIP No.
  
89385X 105 
   Page  
3 
   of   
12 

 

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

Cutlass Capital Principals Fund, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   None
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   126,133 (1)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   None
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    126,133 (1)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  126,133 shares of Common Stock (1)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.6%
     
12   TYPE OF REPORTING PERSON (See Instructions)
   
  OO
(1) 126,133 shares of Common Stock are owned directly by Cutlass Capital Principals Fund, L.L.C. and indirectly by each of Jonathan W. Osgood (a director of the Issuer) and Edwin D. Hetz, as the two managing members of Cutlass Capital Principals Fund, L.L.C. Mr. Osgood and Mr. Hetz disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein
(2) This percentage is calculated based upon 20,130,961 shares of the Issuer’s common stock outstanding (as of April 23, 2008), as set forth in the Issuer’s Schedule 14A, filed with the Securities and Exchange Commission on April 25, 2008.

Table of Contents

                     
CUSIP No.
  
89385X 105 
   Page  
4 
   of   
12 

 

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

Cutlass Capital Affiliates Fund, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   None
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   114,475 (1)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   None
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    114,475 (1)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  114,475 shares of Common Stock (1)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.6% (2)
     
12   TYPE OF REPORTING PERSON (See Instructions)
   
  PN
(1) 114,475 shares of Common Stock are owned directly by Cutlass Capital Affiliates Fund, L.P. and indirectly by Cutlass Capital Management, L.L.C, as the general partner of Cutlass Capital Affiliates Fund, L.P., and each of Jonathan W. Osgood (a director of the Issuer) and Edwin D. Hetz, as the two managing members of Cutlass Capital Management, L.L.C. Each of Cutlass Capital Management, L.L.C., Mr. Osgood and Mr. Hetz disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.
(2) This percentage is calculated based upon 20,130,961 shares of the Issuer’s common stock outstanding (as of April 23, 2008), as set forth in the Issuer’s Schedule 14A, filed with the Securities and Exchange Commission on April 25, 2008.

Table of Contents

                     
CUSIP No.
  
89385X 105 
   Page  
5 
   of   
12 

 

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

Cutlass Capital Management, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   None
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,870,227 (1)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   None
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,870,227 (1)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,870,227 shares of Common Stock (1)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON (See Instructions)
   
  OO
(1) 1,755,752 shares of Common Stock are owned directly by Cutlass Capital, L.P. and indirectly by Cutlass Management, L.L.C., as the general partner of Cutlass Capital, L.P., and each of Jonathan W. Osgood (a director of the Issuer) and Edwin D. Hetz, as the two managing members of Cutlass Capital Management, L.L.C. 114,475 shares of Common Stock are owned directly by Cutlass Capital Affiliates Fund, L.P. and indirectly by Cutlass Capital Management, L.L.C, as the general partner of Cutlass Capital Affiliates Fund, L.P., and each of Mr. Osgood and Mr. Hetz, as the two managing members of Cutlass Capital Management, L.L.C. Each of Cutlass Capital Management, L.L.C., Mr. Osgood and Mr. Hetz disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.
(2) This percentage is calculated based upon 20,130,961 shares of the Issuer’s common stock outstanding (as of April 23, 2008), as set forth in the Issuer’s Schedule 14A, filed with the Securities and Exchange Commission on April 25, 2008.

Table of Contents

                     
CUSIP No.
  
89385X 105 
   Page  
6 
   of   
12 

 

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

Jonathan W. Osgood
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   None
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,996,360 (1)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   None
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,996,360 (1)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,996,360 shares of Common Stock (1)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.9% (2)
     
12   TYPE OF REPORTING PERSON (See Instructions)
   
  IN
(1) 1,755,752 shares of Common Stock are owned directly by Cutlass Capital, L.P. and indirectly by Cutlass Management, L.L.C., as the general partner of Cutlass Capital, L.P., and each of Jonathan W. Osgood (a director of the Issuer) and Edwin D. Hetz, as the two managing members of Cutlass Capital Management, L.L.C. 114,475 shares of Common Stock are owned directly by Cutlass Capital Affiliates Fund, L.P. and indirectly by Cutlass Capital Management, L.L.C, as the general partner of Cutlass Capital Affiliates Fund, L.P., and each of Mr. Osgood and Mr. Hetz, as the two managing members of Cutlass Capital Management, L.L.C. 126,133 shares of Common Stock are owned directly by Cutlass Capital Principals Fund, L.L.C. and indirectly by each of Mr. Osgood and Mr. Hetz, as the two managing members of Cutlass Capital Principals Fund, L.L.C. Each of Cutlass Capital Management, L.L.C., Mr. Osgood and Mr. Hetz disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.
(2) This percentage is calculated based upon 20,130,961 shares of the Issuer’s common stock outstanding (as of April 23, 2008), as set forth in the Issuer’s Schedule 14A, filed with the Securities and Exchange Commission on April 25, 2008.

Table of Contents

                     
CUSIP No.
  
89385X 105 
   Page  
7 
   of   
12 

 

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

Edwin D. Hetz
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   None
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,996,360 (1)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   None
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,996,360 (1)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,996,360 shares of Common Stock (1)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.9% (2)
     
12   TYPE OF REPORTING PERSON (See Instructions)
   
  IN
(1) 1,755,752 shares of Common Stock are owned directly by Cutlass Capital, L.P. and indirectly by Cutlass Management, L.L.C., as the general partner of Cutlass Capital, L.P., and each of Jonathan W. Osgood (a director of the Issuer) and Edwin D. Hetz, as the two managing members of Cutlass Capital Management, L.L.C. 114,475 shares of Common Stock are owned directly by Cutlass Capital Affiliates Fund, L.P. and indirectly by Cutlass Capital Management, L.L.C, as the general partner of Cutlass Capital Affiliates Fund, L.P., and each of Mr. Osgood and Mr. Hetz, as the two managing members of Cutlass Capital Management, L.L.C. 126,133 shares of Common Stock are owned directly by Cutlass Capital Principals Fund, L.L.C. and indirectly by each of Mr. Osgood and Mr. Hetz, as the two managing members of Cutlass Capital Principals Fund, L.L.C. Each of Cutlass Capital Management, L.L.C., Mr. Osgood and Mr. Hetz disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.
(2) This percentage is calculated based upon 20,130,961 shares of the Issuer’s common stock outstanding (as of April 23, 2008), as set forth in the Issuer’s Schedule 14A, filed with the Securities and Exchange Commission on April 25, 2008.

TABLE OF CONTENTS

Item 1
Item 2
Item 3
Item 4. Ownership
Item 5. Ownership of Five Percent or Less of a Class
Item 6. Ownership of More Than Five Percent on Behalf of Another Person
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
Item 8. Identification and Classification of Members of the Group
Item 9. Notice of Dissolution of Group
Item 10. Certification
SIGNATURE

Table of Contents

                     
CUSIP No.
  
89385X 105 
   Page  
8 
   of   
12 
Item 1.
  (a)   Name of Issuer:
 
      TranS1, Inc.
 
  (b)   Address of Issuer’s Principal Executive Offices:
 
      411 Landmark Drive
Wilmington, NC 28412-6303
Item 2.
  (a)   Name of Person(s) Filing:
 
      Cutlass Capital, L.P.
 
      Cutlass Capital Principals Fund, L.L.C.
 
      Cutlass Capital Affiliates Fund, L.P.
 
      Cutlass Capital Management, L.L.C.
 
      Jonathan W. Osgood
 
      Edwin D. Hetz
 
  (b)   Address of Principal Business Office(s):
 
      As to Cutlass Capital, L.P.:
 
      1750 Montgomery Street
San Francisco, CA 94111
 
      As to Cutlass Capital Principals Fund, L.L.C.:
 
      1750 Montgomery Street
San Francisco, CA 94111
 
      As to Cutlass Capital Affiliates Fund, L.P.:
 
      1750 Montgomery Street
San Francisco, CA 94111
 
      As to Cutlass Capital Management, L.L.C.:
 
      1750 Montgomery Street
San Francisco, CA 94111
 
      As to Jonathan W. Osgood:
 
      1750 Montgomery Street
San Francisco, CA 94111

 

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CUSIP No.
  
89385X 105 
   Page  
9 
   of   
12 
      As to Edwin D. Hetz:
 
      1750 Montgomery Street
San Francisco, CA 94111
 
  (c)   Citizenship:
 
      As to Cutlass Capital, L.P.:
 
           State of Delaware
 
      As to Cutlass Capital Principals Fund, L.L.C.:
 
           State of Delaware
 
      As to Cutlass Capital Affiliates Fund, L.P.:
 
           State of Delaware
 
      As to Cutlass Capital Management, L.L.C.:
 
           State of Delaware
 
      As to Jonathan W. Osgood:
 
           United States of America
 
      As to Edwin D. Hetz:
 
           United States of America
 
  (d)   Title of Class of Securities:
 
      Common Stock
 
  (e)   CUSIP Number:
 
      89385X 105
Item 3.
If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
Not Applicable.

 

Table of Contents

                     
CUSIP No.
  
89385X 105 
   Page  
10 
   of   
12 
Item 4. Ownership.
  (a)   Amount beneficially owned: See Item 9 of Cover Pages
 
  (b)   Percent of class: See Item 11 of Cover Pages
 
  (c)   Number of shares as to which the person has:
  (i)   sole power to vote or to direct the vote of:
 
           See Item 5 of Cover Pages
 
  (ii)   shared power to vote or to direct the vote of:
 
           See Item 6 of Cover Pages
 
  (iii)   sole power to dispose or to direct the disposition of:
 
           See Item 7 of Cover Pages
 
  (iv)   shared power to dispose or to direct the disposition of:
 
           See Item 8 of Cover Pages
1,755,752 shares of Common Stock are owned directly by Cutlass Capital, L.P. and indirectly by Cutlass Management, L.L.C., as the general partner of Cutlass Capital, L.P., and each of Jonathan W. Osgood (a director of the Issuer) and Edwin D. Hetz, as the two managing members of Cutlass Capital Management, L.L.C. 114,475 shares of Common Stock are owned directly by Cutlass Capital Affiliates Fund, L.P. and indirectly by Cutlass Capital Management, L.L.C, as the general partner of Cutlass Capital Affiliates Fund, L.P., and each of Mr. Osgood and Mr. Hetz, as the two managing members of Cutlass Capital Management, L.L.C. 126,133 shares of Common Stock are owned directly by Cutlass Capital Principals Fund, L.L.C. and indirectly by each of Mr. Osgood and Mr. Hetz, as the two managing members of Cutlass Capital Principals Fund, L.L.C. Each of Cutlass Capital Management, L.L.C., Mr. Osgood and Mr. Hetz disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.
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.
          Not applicable.
Item 8. Identification and Classification of Members of the Group.
          Not applicable.

 

Table of Contents

                     
CUSIP No.
  
89385X 105 
   Page  
11 
   of   
12 
Item 9. Notice of Dissolution of Group.
          Not applicable.
Item 10. Certification.
          Not applicable.

 

Table of Contents

                     
CUSIP No.
  
89385X 105 
   Page  
12 
   of   
12 
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.
     
 
  Cutlass Capital, L.P.
 
    
Dated: May 12, 2008
   /s/ Jonathan W. Osgood
 
   
 
  By: Cutlass Capital Management, L.L.C
 
  Its: General Partner
 
  By: Jonathan W. Osgood
 
  Its: Managing Member
 
    
 
  Cutlass Capital Principals Fund, L.L.C.
 
    
Dated: May 12, 2008
   /s/ Jonathan W. Osgood
 
   
 
  By: Jonathan W. Osgood
 
  Its: Managing Member
 
    
 
  Cutlass Capital Affiliates Fund, L.P.
 
    
Dated: May 12, 2008
   /s/ Jonathan W. Osgood
 
   
 
  By: Cutlass Capital Management, L.L.C.
 
  Its: General Partner
 
  By: Jonathan W. Osgood
 
  Its: Managing Member
 
    
Dated: May 12, 2008
  Cutlass Capital Management, L.L.C.
 
    
 
   /s/ Jonathan W. Osgood
 
   
 
  By: Jonathan W. Osgood
 
  Its: Managing Member
 
    
Dated: May 12, 2008
  Jonathan W. Osgood
 
    
 
   /s/ Jonathan W. Osgood
 
   
 
    
Dated: May 12, 2008
  Edwin D. Hetz
 
    
 
   /s/ Edwin D. Hetz
 
   

 

Table of Contents

EXHIBIT A
JOINT FILING AGREEMENT
     In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including amendments thereto) relating to the Common Stock of TranS1 Inc. and further agree that this Joint Filing Agreement be included as an exhibit to such Schedule 13G. In evidence thereof, the undersigned hereby execute this Agreement as of the date set forth below.
     
 
  Cutlass Capital, L.P.
 
    
Dated: May 12, 2008
  /s/ Jonathan W. Osgood
 
   
 
  By: Cutlass Capital Management, L.L.C.
Its: General Partner
By: Jonathan W. Osgood
Its: Managing Member
 
    
 
  Cutlass Capital Principals Fund, L.L.C.
 
    
Dated: May 12, 2008
  /s/ Jonathan W. Osgood
 
   
 
  By: Jonathan W. Osgood
Its: Managing Member
 
    
 
  Cutlass Capital Affiliates Fund, L.P.
 
    
Dated: May 12, 2008
  /s/ Jonathan W. Osgood
 
   
 
  By: Cutlass Capital Management, L.L.C.
Its: General Partner
By: Jonathan W. Osgood
Its: Managing Member
 
    
Dated: May 12, 2008
  Cutlass Capital Management, L.L.C.
 
    
 
  /s/ Jonathan W. Osgood
 
   
 
  By: Jonathan W. Osgood
Its: Managing Member
 
    
Dated: May 12, 2008
  Jonathan W. Osgood
 
    
 
  /s/ Jonathan W. Osgood
 
   
 
    
Dated: May 12, 2008
  Edwin D. Hetz
 
    
 
  /s/ Edwin D. Hetz
 
   

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