-----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, Lg3v6UfCAozi/E/BaGTl5iKzTjx/g8fIPu3HWK+VXOuAyR/374czqNvgGnyoaUv8 LnvYtjDvtqqIkSf4N9fjkg== 0000910643-02-000107.txt : 20020514 0000910643-02-000107.hdr.sgml : 20020514 ACCESSION NUMBER: 0000910643-02-000107 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020514 GROUP MEMBERS: LANCER OFFSHORE, INC. GROUP MEMBERS: LANCER PARTNERS, LIMITED PARTNERSHIP GROUP MEMBERS: MICHAEL LAUER SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TITAN CORP CENTRAL INDEX KEY: 0000032258 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 952588754 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-12069 FILM NUMBER: 02646330 BUSINESS ADDRESS: STREET 1: 33033 SCIENCE PARK RD CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 8585529500 MAIL ADDRESS: STREET 1: 33033 SCIENCE PARK RD CITY: SAN DIEGO STATE: CA ZIP: 92121 FORMER COMPANY: FORMER CONFORMED NAME: ELECTRONIC MEMORIES & MAGNETICS CORP DATE OF NAME CHANGE: 19850610 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LANCER PARTNERS L P /NEW CENTRAL INDEX KEY: 0001018915 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 200 PARK AVE STE 3900 CITY: NEW YORK STATE: NY ZIP: 10166 BUSINESS PHONE: 2128083700 MAIL ADDRESS: STREET 1: 980 POST ROAD EAST CITY: WESTPORT STATE: CT ZIP: 06880 SC 13G 1 may13g-titan.txt \MISC\MAY 13G-LANCER-TITAN SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN THE STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No.1) THE TITAN CORPORATION -------------------------- (Name of Issuer) Common Stock,$.01 par value per share - ------------------------------------------------------------------------------- (Title of Class of Securities) 888266103 -------------- (CUSIP Number) May 14, 2002 - ------------------------------------------------------------------------------- (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 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. 888266103 _____________________________________________________________________________ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Lancer Partners, Limited Partnership _____________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Item 6) (a) [X] (b) [ ] _____________________________________________________________________________ 3 SEC USE ONLY _____________________________________________________________________________ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Connecticut _____________________________________________________________________________ NUMBER OF 5 SOLE VOTING POWER SHARES 1,229,000 ______________________________________________________________ BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- ______________________________________________________________ EACH 7 SOLE DISPOSITIVE POWER REPORTING 1,229,000 ______________________________________________________________ PERSON 8 SHARED DISPOSITIVE POWER WITH -0- _____________________________________________________________________________ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,229,000 _____________________________________________________________________________ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] _____________________________________________________________________________ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.60% _____________________________________________________________________________ 12 TYPE OF REPORTING PERSON PN _____________________________________________________________________________ * SEE INSTRUCTIONS BEFORE FILING OUT! 2 SCHEDULE 13G CUSIP NO. 888266103 _____________________________________________________________________________ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Lancer Offshore, Inc. _____________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Item 6) (a) [X] (b) [ ] _____________________________________________________________________________ 3 SEC USE ONLY _____________________________________________________________________________ 4 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands _____________________________________________________________________________ NUMBER OF 5 SOLE VOTING POWER SHARES 2,090,000 ______________________________________________________________ BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- ______________________________________________________________ EACH 7 SOLE DISPOSITIVE POWER REPORTING 2,090,000 ______________________________________________________________ PERSON 8 SHARED DISPOSITIVE POWER WITH -0- _____________________________________________________________________________ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,090,000 _____________________________________________________________________________ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] _____________________________________________________________________________ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.71% _____________________________________________________________________________ 12 TYPE OF REPORTING PERSON CO _____________________________________________________________________________ * SEE INSTRUCTIONS BEFORE FILING OUT! 3 SCHEDULE 13G CUSIP NO. 888266103 _____________________________________________________________________________ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Michael Lauer _____________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Item 6) (a) [X] (b) [ ] _____________________________________________________________________________ 3 SEC USE ONLY _____________________________________________________________________________ 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America _____________________________________________________________________________ NUMBER OF 5 SOLE VOTING POWER SHARES 50,000 ______________________________________________________________ BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- ______________________________________________________________ EACH 7 SOLE DISPOSITIVE POWER REPORTING 50,000 ______________________________________________________________ PERSON 8 SHARED DISPOSITIVE POWER WITH -0- _____________________________________________________________________________ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 50,000 _____________________________________________________________________________ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] _____________________________________________________________________________ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.06% _____________________________________________________________________________ 12 TYPE OF REPORTING PERSON IN _____________________________________________________________________________ * SEE INSTRUCTIONS BEFORE FILING OUT! 4 Item 1(a). Name of Issuer: The Titan Corporation (the "Company"). Item 1(b). Address of Issuer's Principal Executive Offices: 3033 Science Park Road San Diego, California 92121 Item 2(a). Name of Persons Filing: Lancer Partners, Limited Partnership ("LP") Lancer Offshore, Inc. ("LOI") Michael Lauer ("ML") Item 2(b). Address of Principal Business Office or, if None, Residence: Lancer Partners, Limited Partnership 350 Bedford Street, Suite 307 Stamford, CT 06901 Lancer Offshore, Inc. c/o CITCO Fund Services (Curcao) N.V. Kaya Flamboyan 9 P.O. Box 812 Curacao, Netherlands Antilles Michael Lauer 350 Bedford Street, Suite 307 Stamford, CT 06901 Item 2(c). Citizenship: LP: Connecticut LOI: British Virgin Islands ML: United States of America Item 2(d). Title of Class of Securities: Common Stock, par value $.01 per share, of the Company ("Common Stock"). Item 2(e). CUSIP Number: 888266103 Item 3. If this Statement Is Filed Pursuant to Rules 13d-1(b), or 13d-2(b) or (c), Check Whether the Persons Filing are a: (a) [ ] Broker or dealer registered under Section 15 of the Exchange Act; (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act; (c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act; (d) [ ] Investment company registered under Section 8 of the Investment Company Act; (e) [ ] An investment advisor in accordance with Rule 13-d(b)(1) (ii)(E); 5 (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 association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [ ] A church plan that is excluded from the definition of an investment company under Section (c)(14) of the Investment Company Act; (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box. [x] Item 4. Ownership. Provide the following information regarding the aggregate number and percentages of securities of the Issuer identified in Item 1. (a) Amount beneficially owned: LP - 1,229,000 shares of Common Stock LOI - 2,090,000 shares of Common Stock ML - 50,000 shares of Common Stock (b) Percent of class: LP - 1.60% (based on 77,248,675 shares of Common Stock outstanding as reported by the Company on April 1, 2002). LOI- 2.71% (based on 77,248,675 shares of Common Stock outstanding as reported by the Company on April 1, 2002). ML - 0.06% (based on 77,248,675 shares of Common Stock outstanding as reported by the Company on April 1, 2002). Item 5. Ownership of Five Percent or Less of a Class: Applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person: Lancer Management Group II, LLC, a Connecticut limited liability company ("LMG II"), is the sole general partner of Lancer Partners, Limited Partnership. Michael Lauer is the sole manager and principal member of LMG II and he controls all of its operations and activities. Lancer Management Group, LLC, a Connecticut limited liability company ("LMG"), is the sole investment manager of Lancer Offshore, Inc. Michael Lauer is the sole manager and principal member of LMG and he controls all of its operations and activities. No other person, other than Michael Lauer, is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the respective securities identified in Item 4 above. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported By the Parent Holding Company. Not applicable. 6 Item 8. Identification and Classification of Members of the Group. Lancer Partners, L.P., Lancer Offshore, Inc. and Michael Lauer are the only Members of the Group filing this Schedule 13G. Item 9. Notice of Dissolution of a Group. Not applicable. Item 10. Certification. Not applicable. 7 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, the undersigned each certify that the information set forth in this statement is true, complete and correct. Dated: May 14, 2002 Lancer Partners, Limited Partnership By: Lancer Management Group II, LLC By: /s/ Michael Lauer ----------------------- Name: Michael Lauer Title: Manager Lancer Offshore, Inc. By: Lancer Management Group, LLC By: /s/ Michael Lauer ------------------------ Name: Michael Lauer Title: Manager Michael Lauer By: /s/ Michael Lauer ------------------------ Name: Michael Lauer 8 JOINT FILING AGREEMENT JOINT FILING AGREEMENT made this 14th day of May, 2002, by and among LANCER PARTNERS, LIMITED PARTNERSHIP, a Connecticut limited partnership ("Partnership"), LANCER OFFSHORE, INC., British Virgin Islands corporation ("Corporation") and Michael Lauer ("Lauer"). W I T N E S S E T H WHEREAS, pursuant to the Section 13(g) of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder, the parties hereto are required to file a Schedule 13(g) with the Securities and Exchange Commission ("SEC"). NOW, THEREFORE, the parties agree as follows: 1. The Partnership, Corporation and Lauer hereby agree to jointly file an amendment to Schedule 13G with the SEC regarding the ownership of common stock $.01 par value, of The Titan Corporation and to file any and all amendments and supplements thereto. 2. This Agreement contains the entire agreement among the parties concerning the subject matter hereof and may not be amended, modified or changed except pursuant to a written instrument signed by all parties. IN WITNESS WHEREOF, the parties have signed this Agreement the day and year first above written. LANCE PARTNERS, LIMITED PARTNERSHIP LANCER OFFSHORE, INC. By: Lancer Management By: Lancer Management Group, LLC Group, LLC By: /s/ Michael Lauer By: /s/ Michael Lauer --------------------- --------------------- Name: Michael Lauer Name: Michael Lauer Title: Manager Title: Manager Michael Lauer By: /s/ Michael Lauer ------------------------- Name: Michael Lauer 9 -----END PRIVACY-ENHANCED MESSAGE-----