-----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, PArnGG3+sMljUcWKgtbk+EbaeZdjF8U9U0t43+BEqOlsBTV0oNvpXkhG+pbSF9LZ Wuvgtzrkv7IlFuEcIImkEw== 0000950134-03-009470.txt : 20030625 0000950134-03-009470.hdr.sgml : 20030625 20030625154159 ACCESSION NUMBER: 0000950134-03-009470 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030625 GROUP MEMBERS: NADER TAVAKOLI FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EAGLEROCK CAPIAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001245844 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 551 FIFTH AVENUE 34TH FL CITY: NEW YORK STATE: NY ZIP: 10176 BUSINESS PHONE: 2126925412 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STRATEGIC DISTRIBUTION INC CENTRAL INDEX KEY: 0000073822 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MACHINERY, EQUIPMENT & SUPPLIES [5080] IRS NUMBER: 221849240 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-32963 FILM NUMBER: 03756681 BUSINESS ADDRESS: STREET 1: 3220 TILLMAN DRIVE STREET 2: SUITE 200 CITY: BENSALEM STATE: PA ZIP: 19020 BUSINESS PHONE: 2156331900 MAIL ADDRESS: STREET 1: 3220 TILLMAN DRIVE STREET 2: SUITE 200 CITY: BENSALEM STATE: PA ZIP: 19020 FORMER COMPANY: FORMER CONFORMED NAME: STRATEGIC INFORMATION INC DATE OF NAME CHANGE: 19901113 FORMER COMPANY: FORMER CONFORMED NAME: INFORMEDIA CORP DATE OF NAME CHANGE: 19890221 FORMER COMPANY: FORMER CONFORMED NAME: OCTO LTD DATE OF NAME CHANGE: 19870921 SC 13G 1 d06938bsc13g.txt SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G (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) STRATEGIC DISTRIBUTION, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.10 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 862701307 - -------------------------------------------------------------------------------- (CUSIP Number) June 21, 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) 1 - ------------------- ------------------- CUSIP No. 862701307 13G - ------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) EagleRock Capital Management, L.L.C. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 210,055 ------------------------------------------------ NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 0 EACH ------------------------------------------------ REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 210,055 ------------------------------------------------ 8 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 210,055 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.9%** - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT **SEE ITEM 4(b). 2 - ------------------- ------------------- CUSIP No. 862701307 13G - ------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Nader Tavakoli - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 210,055 ------------------------------------------------ NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 0 EACH ------------------------------------------------ REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 210,055 ------------------------------------------------ 8 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 210,055 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.9%** - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT **SEE ITEM 4(b). 3 SCHEDULE 13G This Schedule 13G (the "Schedule 13G") is being filed on behalf of EagleRock Capital Management, L.L.C., a Delaware limited liability company ("EagleRock"), and Mr. Nader Tavakoli the principal of EagleRock, relating to shares of common stock of Strategic Distribution, Inc., a Delaware corporation (the "Issuer"). This Schedule 13G relates to shares of Common Stock of the Issuer purchased by EagleRock for the account of EagleRock Master Fund, a Delaware general partnership ("EagleRock Master Fund"), of which EagleRock is the agent and attorney-in-fact. EagleRock Master Fund holds the shares of Common Stock of the Issuer for the account of EagleRock Capital Partners, L.P. and EagleRock Capital Partners (QP), L.P., both Delaware limited partnerships. ITEM 1(a) NAME OF ISSUER. Strategic Distribution, Inc. ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES. 3220 Tillman Drive, Suite 200 Bensalem, Pennsylvania 19020 ITEM 2(a) NAME OF PERSON FILING. EagleRock Capital Management, L.L.C. ("EagleRock") and Nader Tavakoli. ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE. 551 Fifth Avenue, 34th Floor New York, New York 10176 ITEM 2(c) CITIZENSHIP OR PLACE OF ORGANIZATION. EagleRock is a limited liability company organized under the laws of the State of Delaware. Nader Tavakoli is the principal of EagleRock and is a United States citizen. ITEM 2(d) TITLE OF CLASS OF SECURITIES. Common Stock, par value $.10 per share (the "Common Stock"). ITEM 2(e) CUSIP NUMBER. 862701307 4 ITEM 3 REPORTING PERSON. Inapplicable. ITEM 4 OWNERSHIP. (a) EagleRock and Mr. Tavakoli are the beneficial owners of 210,055 shares of Common Stock. (b) EagleRock and Mr. Tavakoli are the beneficial owners of 6.9% of the outstanding shares of Common Stock. This percentage is determined by dividing 210,055 by 3,032,958, the number of shares of Common Stock issued and outstanding as of May 5, 2003, as reported in the Issuer's quarterly report on Form 10-Q filed May 9, 2003. (c) EagleRock, as the agent and attorney-in-fact of EagleRock Master Fund, has the sole power to vote and dispose of the 210,055 shares of Common Stock held by EagleRock Master Fund. As the principal of EagleRock, Mr. Tavakoli may direct the vote and disposition of the 210,055 shares of Common Stock held by EagleRock Master Fund. ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. Inapplicable. ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Inapplicable. ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Inapplicable. ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Inapplicable. ITEM 9 NOTICE OF DISSOLUTION OF GROUP. Inapplicable. 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 5 securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. EXHIBITS EXHIBIT 1 Joint Filing Agreement dated June 17, 2003, between EagleRock and Nader Tavakoli. 6 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. Date: June 17, 2003 EagleRock Capital Management, L.L.C. By: /S/ NADER TAVAKOLI ----------------------------------- NADER TAVAKOLI, Managing Member /S/ NADER TAVAKOLI --------------------------------------- Nader Tavakoli 7 EXHIBIT 1 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 any and all amendments thereto) with respect to the Common Stock, par value $.10 per share, of Strategic Distribution, Inc., and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filings. The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate. This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument. IN WITNESS WHEREOF, the undersigned have executed this Agreement as of June 17, 2003. EagleRock Capital Management, L.L.C. By: /S/ NADER TAVAKOLI ----------------------------------- NADER TAVAKOLI, Managing Member /S/ NADER TAVAKOLI --------------------------------------- Nader Tavakoli 8 -----END PRIVACY-ENHANCED MESSAGE-----