-----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, G8ptrl1qiDYTQ0ezxu8oerlinKtT5dDqdBsMgtyCpxZTfh3DvEjVtkM9SPmOK+RD 1wzqTjZZaQh4inzMFeP7hg== 0001145839-08-000030.txt : 20080212 0001145839-08-000030.hdr.sgml : 20080212 20080212102101 ACCESSION NUMBER: 0001145839-08-000030 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080212 DATE AS OF CHANGE: 20080212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST MARBLEHEAD CORP CENTRAL INDEX KEY: 0001262279 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 043295311 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79549 FILM NUMBER: 08596148 BUSINESS ADDRESS: STREET 1: 800 BOYLSTON ST. STREET 2: 34TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199-8157 BUSINESS PHONE: 617 638-2000 MAIL ADDRESS: STREET 1: 800 BOYLSTON ST. STREET 2: 34TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199-8157 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DELTA PARTNERS LLC CENTRAL INDEX KEY: 0001145839 IRS NUMBER: 043462065 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: ONE INTERNATIONAL PLACE STREET 2: SUITE 2401 CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: (617) 526-8939 MAIL ADDRESS: STREET 1: ONE INTERNATIONAL PLACE STREET 2: SUITE 2401 CITY: BOSTON STATE: MA ZIP: 02110 SC 13G/A 1 fmd13g_123107.txt ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Amendment No. 3) The First Marblehead Corporation - -------------------------------------------------------------------------------- (Name of issuer) COMMON STOCK, PAR Value $0.01 per share - -------------------------------------------------------------------------------- (Title of class of securities) 320771108 - -------------------------------------------------------------------------------- (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: |X| Rule 13d-1(b) |X| Rule 13d-1(c) |_| Rule 13d-1(d) (Continued on the following pages) - -------------------------------- (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 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 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). ================================================================================ ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. 320771108 Page 2 of 10 Pages - ------------------------------ ------------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Delta Partners LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY None OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH 8,787,819 common stock -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER None -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 8,787,819 common stock - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,787,819 common stock - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.4% common stock - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * CO, IA ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. 320771108 Page 3 of 10 Pages - ------------------------------ ------------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Charles Jobson - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 2,775 common stock OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH 8,814,419 common stock -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 2,775 common stock -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 8,814,419 common stock - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,817,194 common stock - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.4% common stock - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * IN ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. 320771108 Page 4 of 10 Pages - ------------------------------ ------------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Prism Offshore Fund, Ltd. - -------------------------------------------------------------------------------- 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 SHARES BENEFICIALLY 5,727,860 common stock OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH None -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 5,727,860 common stock -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,727,860 common stock - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.1% common stock - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * CO ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! STATEMENT ON SCHEDULE 13G ITEM 1(a). NAME OF ISSUER: The First Marblehead Corporation ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 800 Boylston St. 34th Floor Boston, MA 02199 ITEM 2(a). NAMES OF PERSON FILING: Delta Partners LLC, a Delaware Limited Liability Company Charles Jobson, United States Citizen Prism Offshore Fund, Ltd, Cayman Islands Exempted Company ITEM 2(b). BUSINESS MAILING ADDRESS FOR EACH PERSON FILING: Each of the reporting persons & entities has a business address of: One International Place, Suite 2401 Boston, MA 02110 ITEM 2(c). CITIZENSHIP: Shown in item 2(a) above ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, Par Value $0.01 per share ITEM 2(E). CUSIP NUMBER: 320771108 ITEM3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A: Not Applicable If this statement is filed pursuant to Rule 240,13d-1(c), check this box [x]. Page 5 of 10 ITEM 4. OWNERSHIP: DELTA PARTNERS LLC * (a) Amount Beneficially Owned: 8,787,819 common stock ------------------------------------------- (b) Percent of Class: 9.4% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: None ----------------------- (ii) shared power to vote or to direct the vote:8,787,819 common stock --------------------- (iii)sole power to dispose or to direct the disposition of: None ------------ (iv)shared power to dispose or to direct the disposition of:8,787,819 common stock --------- Page 6 of 10 CHARLES JOBSON * (a) Amount Beneficially Owned: 8,817,194 common stock ------------------------------------------- (b) Percent of Class: 9.4% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 2,775 common stock ----------------------- (ii) shared power to vote or to direct the vote:8,814,419 common stock --------------------- (iii)sole power to dispose or to direct the disposition of: 2,775 common stock ------------ (iv)shared power to dispose or to direct the disposition of:8,814,419 common stock --------- PRISM OFFSHORE FUND, LTD. (a) Amount Beneficially Owned: 5,727,860 common stock ------------------------------------------- (b) Percent of Class: 6.1% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 5,727,860 common stock ----------------------- (ii) shared power to vote or to direct the vote: None --------------------- (iii)sole power to dispose or to direct the disposition of:5,727,860 commons stock ------------ (iv)shared power to dispose or to direct the disposition of: None --------- * Shares reported for Delta Partners, LLC and Charles Jobson include shares beneficially owned by Prism Partners L.P., Prism Offshore Fund Limited, Prism Partners QP, LP, and one separate account. Additional shares reported for Charles Jobson include shares beneficially owned by Tetra Capital Partners,LP, Tetra Offshore Fund, Ltd. and one separate account. Item 5. Ownership of Five Percent or Less of a Class: Not Applicable Page 7 of 10 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 ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not Applicable Page 8 of 10 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. 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: February 12, 2008 DELTA PARTNERS LLC By: /s/ Charles Jobson --------------------------------- Charles Jobson, Managing Member CHARLES JOBSON By: Charles Jobson --------------------------------- PRISM OFFSHORE FUND, LTD. By: /s/ Charles Jobson --------------------------------- Charles Jobson, Director Page 9 of 10 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock of The First Marblehead Corporation and further agree that this agreement be included as an exhibit to such filing. Each party to the agreement expressly authorizes each other party to file on its behalf any and all amendments to such statement. Each party to this agreement agrees that this joint filing agreement may be signed in counterparts. In evidence whereof, the undersigned have caused this Agreement to be executed on their behalf this 12th day of February 2008. DELTA PARTNERS LLC By: /s/ Charles Jobson --------------------------------- Charles Jobson, Managing Member CHARLES JOBSON By: Charles Jobson --------------------------------- PRISM OFFSHORE FUND, LTD. By: /s/ Charles Jobson --------------------------------- Charles Jobson, Director Page 10 of 10 -----END PRIVACY-ENHANCED MESSAGE-----