-----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, JIWRytoSCntDC7rd5DD7Xh1C20MvV2TFf553uQcXq5wcCKsKxYIS4rKEEockP7IP 0VmFsXBSIYwrpUDPrseu7Q== 0001264130-06-000008.txt : 20060214 0001264130-06-000008.hdr.sgml : 20060214 20060214163953 ACCESSION NUMBER: 0001264130-06-000008 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060214 DATE AS OF CHANGE: 20060214 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COPPER BEECH CAPITAL ADVISORS LLC CENTRAL INDEX KEY: 0001280127 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: 540 MADISON AVE 33RD FL CITY: NEW YORK STATE: NY ZIP: 10017 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ARTESYN TECHNOLOGIES INC CENTRAL INDEX KEY: 0000023071 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 591205269 STATE OF INCORPORATION: FL FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-32869 FILM NUMBER: 06616073 BUSINESS ADDRESS: STREET 1: 7900 GLADES RD STE 500 CITY: BOCA RATON STATE: FL ZIP: 33434-4105 BUSINESS PHONE: 5614511000 MAIL ADDRESS: STREET 1: 7900 GLADES ROAD STREET 2: SUITE 500 CITY: BOCA RATON STATE: FL ZIP: 33434-4105 FORMER COMPANY: FORMER CONFORMED NAME: COMPUTER PRODUCTS INC DATE OF NAME CHANGE: 19920703 SC 13G/A 1 sched13ga_123105artesyn.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 2)* Artesyn Technologies, Inc. (Name of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securities) 043127109 (CUSIP Number) December 31, 2005 (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) *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). - --------------------------------------------------------------------------- |CUSIP No. 043127109 Page 2 of 10 Pages| - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- |1 |NAME OF REPORTING PERSON | | | | | | Copper Beech Capital Advisors LLC | | | | | |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | - --------------------------------------------------------------------------- |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 | - --------------------------------------------------------------------------- | | 5 |SOLE VOTING POWER | | | | | | NUMBER OF | | -0- | -------------------------------------------------------- | SHARES | 6 |SHARED VOTING POWER | | BENEFICIALLY | | | | OWNED BY | | 1,652,614 shares | -------------------------------------------------------- | EACH | 7 |SOLE DISPOSITIVE POWER | | REPORTING | | | | PERSON | | -0- | -------------------------------------------------------- | WITH | 8 |SHARED DISPOSITIVE POWER | | | | | | | | 1,652,614 shares | - --------------------------------------------------------------------------- |9 |AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 1,652,614 shares | - --------------------------------------------------------------------------- |10|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | | [ ] | - --------------------------------------------------------------------------- |11|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | | | | 4.1% | - --------------------------------------------------------------------------- |12|TYPE OF REPORTING PERSON* | | | OO | - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- |CUSIP No. 043127109 Page 3 of 10 Pages| - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- |1 |NAME OF REPORTING PERSON | | | | | | Copper Beech Capital Management, Inc. | | | | | |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | - --------------------------------------------------------------------------- |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 | - --------------------------------------------------------------------------- | | 5 |SOLE VOTING POWER | | | | | | NUMBER OF | | -0- | -------------------------------------------------------- | SHARES | 6 |SHARED VOTING POWER | | BENEFICIALLY | | | | OWNED BY | | 1,743,419 shares | -------------------------------------------------------- | EACH | 7 |SOLE DISPOSITIVE POWER | | REPORTING | | | | PERSON | | -0- | -------------------------------------------------------- | WITH | 8 |SHARED DISPOSITIVE POWER | | | | | | | | 1,743,419 shares | - --------------------------------------------------------------------------- |9 |AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 1,743,419 shares | - --------------------------------------------------------------------------- |10|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | | [ ] | - --------------------------------------------------------------------------- |11|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | | | | 4.4% | - --------------------------------------------------------------------------- |12|TYPE OF REPORTING PERSON* | | | CO | - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- |CUSIP No. 043127109 Page 4 of 10 Pages| - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- |1 |NAME OF REPORTING PERSON | | | | | | Frank R. DeSantis, Jr. | | | | | |S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | - --------------------------------------------------------------------------- |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 | - --------------------------------------------------------------------------- | | 5 |SOLE VOTING POWER | | | | | | NUMBER OF | | -0- | -------------------------------------------------------- | SHARES | 6 |SHARED VOTING POWER | | BENEFICIALLY | | | | OWNED BY | | 3,396,033 shares | -------------------------------------------------------- | EACH | 7 |SOLE DISPOSITIVE POWER | | REPORTING | | | | PERSON | | -0- | -------------------------------------------------------- | WITH | 8 |SHARED DISPOSITIVE POWER | | | | | | | | 3,396,033 shares | - --------------------------------------------------------------------------- |9 |AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 3,396,033 shares | - --------------------------------------------------------------------------- |10|CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | | [ ] | - --------------------------------------------------------------------------- |11|PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | 8.5% | - --------------------------------------------------------------------------- |12|TYPE OF REPORTING PERSON* | | | IN | - --------------------------------------------------------------------------- Item 1(a). Name of Issuer: Artesyn Technologies, Inc. (the "Company"). Item 1(b). Address of Issuer's Principal Executive Offices: 7900 Glades Road Suite 500 Boca Raton, FL 33434-4105 Items 2(a) Name and Principal Business Address of Person Filing: and 2(b). This Schedule is being jointly filed by: (i) Copper Beech Capital Advisors LLC ("Advisors"), a Delaware limited liability company which acts as general partner to two private investment partnerships (the "Partnerships"), with respect to the shares held by the Partnerships; (ii) Copper Beech Capital Management, Inc. ("Management"), a Delaware corporation which acts as investment advisor to an offshore investment fund (the "Fund") and an institutional managed account (the "Managed Account"), with respect to the shares held by the Fund and the Managed Account; and (iii)Frank R. DeSantis, Jr. managing member of Advisors and President of Management, with respect to all of the reported shares. The principal business address of each reporting person is 535 Madison Avenue, 6th Floor, New York, New York 10022. Item 2(c). Citizenship: (i) Advisors is a Delaware limited liability company; (ii) Management is a Delaware corporation; and (iii) Mr. DeSantis is a United States citizen. Item 2(d). Title of Class of Securities: Common Stock, par value $0.01 per share ("Common Stock") Item 2(e). CUSIP Number: 043127109 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 theInvestment Company Act of 1940, (e) [ ] An investment adviser in accordance with *240.13d- 1(b)(1)(ii)(E), (f) [ ] An employee benefit plan or endowment fund in accordance with *240.13d-1(b)(1)(ii)(F), (g) [ ] A parent holding company or control person in accordance with *240.13d-1(b)(1)(ii)(G), (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act, (i) [ ] A church plan that is excluded from the definition ofan investment company under section 3(c)(14) of the Investment Company Act of 1940, (j) [ ] A group, in accordance with *13d-1(b)(1)(ii)(J). Item 4: Ownership: The following states the beneficial ownership of the reporting persons as of December 31, 2005. This report relates to the same shares of Common Stock which may be deemed to be owned (i) directly (in the aggregate) by the Partnerships, the Fund, and the Managed Account, none of which individually beneficially own more than 5% of the class; (ii) indirectly by Advisors, in its capacity as general partner to the Partnerships; (iii) indirectly by Management, in its capacity as investment advisor to the Fund and the Managed Account; and (iv) indirectly by Mr. DeSantis, who, as principal of Advisors and Management, has the power to direct the vote or disposition of such securities. ADVISORS: (a) Amount beneficially owned: 1,652,614 shares (b) Percent of class: 4.1%. (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: None (ii) Shared power to vote or direct the vote: 1,652,614 (iii) Sole power to dispose or direct the disposition: None (iv) Shared power to dispose or direct the disposition: 1,652,614 MANAGEMENT: (a) Amount beneficially owned: 1,743,419 shares (b) Percent of class: 4.4% (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: 1,743,419 shares (iii)Sole power to dispose or to direct the disposition of: None (iv) Shared power to dispose or to direct the disposition of: 1,743,419 shares DESANTIS: (a) Amount beneficially owned: 3,396,033 shares (b) Percent of class: 8.5% (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: 3,396,033 shares (iii)Sole power to dispose or to direct the disposition of: None (iv) Shared power to dispose or to direct the disposition of: 3,396,033 shares 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. 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. Item 10. Certification. By signing below I (we) certify that, to the best of my (our) 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 (our) knowledge and belief, I (we) certify that the information set forth in this statement is true, complete and correct. Dated: February 14, 2006 COPPER BEECH CAPITAL ADVISORS LLC /s/ Frank R. DeSantis, Jr. -------------------------------- By: Frank R. DeSantis, Jr. Title: Managing Member COPPER BEECH CAPITAL MANAGEMENT, INC. /s/ Frank R. DeSantis, Jr. ---------------------------------- By: Frank R. DeSantis, Jr. President /s/ Frank R. DeSantis, Jr. --------------------------------- Frank R. DeSantis, Jr., an individual Joint Filing Agreement Copper Beech Capital Advisors, LLC, a Delaware limited liability company, Copper Beech Capital Management, Inc., a Delaware corporation and Frank R. DeSantis, Jr., an individual, hereby agree to file jointly the statement on Schedule 13G to which this Agreement is attached and any amendments thereto which may be deemed necessary, pursuant to Regulation 13D-G 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 amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein, but such party is not responsible for the completeness and accuracy of information concerning any other party unless such party knows or has reason to believe 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 Schedule 13G, and any amendments thereto, filed on behalf of each of the parties hereto. Dated: February 14, 2006 COPPER BEECH CAPITAL ADVISORS LLC /s/ Frank R. DeSantis, Jr. -------------------------------- By: Frank R. DeSantis, Jr. Title: Managing Member COPPER BEECH CAPITAL MANAGEMENT, INC. /s/ Frank R. DeSantis, Jr. ---------------------------------- By: Frank R. DeSantis, Jr. President /s/ Frank R. DeSantis, Jr. --------------------------------- Frank R. DeSantis, Jr., an individual -----END PRIVACY-ENHANCED MESSAGE-----