-----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, WQBHHUCsrCmyWhEEW4Cmg2NcG4I4rsVbeyrr2fqHmXLpqRi5sk4cWvs6qleN0T1m D9mNEbs7me92gQRMZQIisg== 0000905718-05-000315.txt : 20051207 0000905718-05-000315.hdr.sgml : 20051207 20051207162717 ACCESSION NUMBER: 0000905718-05-000315 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20051207 DATE AS OF CHANGE: 20051207 GROUP MEMBERS: AUGUSTUS K. OLIVER GROUP MEMBERS: CLIFFORD PRESS GROUP MEMBERS: OLIVER PRESS INVESTORS, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MATRIXONE INC CENTRAL INDEX KEY: 0000786998 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 020372301 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60481 FILM NUMBER: 051249810 BUSINESS ADDRESS: STREET 1: 210 LITTLETON ROAD CITY: WESTFORD STATE: MA ZIP: 01886 BUSINESS PHONE: 978-589-4000 MAIL ADDRESS: STREET 1: 210 LITTLETON ROAD CITY: WESTFORD STATE: MA ZIP: 01886 FORMER COMPANY: FORMER CONFORMED NAME: ADRA SYSTEMS INC DATE OF NAME CHANGE: 19971024 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Oliver Press Partners, LLC CENTRAL INDEX KEY: 0001345476 IRS NUMBER: 202688930 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 152 WEST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: (212) 277-5654 MAIL ADDRESS: STREET 1: 152 WEST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 SC 13D/A 1 matrixone13dam2.txt SC13DAM2 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2)* MatrixOne, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 57685P304 - -------------------------------------------------------------------------------- (CUSIP Number) with a copy to: Augustus K. Oliver Allen Levithan Oliver Press Partners, LLC Lowenstein Sandler PC 152 West 57th Street 65 Livingston Avenue New York, New York 10019 Roseland, New Jersey 07068 (212) 277-5654 (973) 597-2406 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 6, 2005 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule l3G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 240.13d-7 for other parties to whom copies are to be sent. *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 ("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. 57685P304 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons: Oliver Press Partners, LLC I.R.S. Identification Nos. of above persons (entities only): 20-2688930 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions): (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions): OO - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e): - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization: Delaware - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power: * --------------------------------------- Shares Beneficially 8. Shared Voting Power: 3,121,900* --------------------------------------- Owned by Each Reporting 9. Sole Dispositive Power: * --------------------------------------- Person With 10. Shared Dispositive Power: 3,121,900* --------------------------------------- - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person: 3,121,900 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11): 6% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions): IA - -------------------------------------------------------------------------------- * This is a joint filing by Oliver Press Partners, LLC ("OPP"), Oliver Press Investors, LLC ("OPI"), Augustus K. Oliver ("Oliver") and Clifford Press ("Press", and, collectively with OPP, OPI and Oliver, the "Filing Parties"), who share sole voting and investment power over the 286,200 shares of common stock of MatrixOne, Inc., a Delaware corporation (the "Company"), owned by Davenport Partners, L.P. and the 2,835,700 shares of common stock of the Company owned by Pierson Partners, L.P. On December 2, 2005, OPP, Davenport Partners, L.P., Pierson Partners, L.P. and Sidus Investment Management, LLC, a Delaware limited liability company (the "Other Party") filed a complaint with the Court of Chancery of the State of Delaware in and for New Castle County, which alleged breach of fiduciary duty and interference with the shareholder franchise with respect to the Company. As a result of filing such complaint and submitting notice of nominations for directors, one or more of the Filing Parties may be deemed to have formed a "group" with the Other Party for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder. Accordingly, each of the Filing Parties may be deemed to be the beneficial owner of the shares of the Company's common stock beneficially owned by the Other Party as reported on its respective Schedule 13D or Schedule 13G. Each of the Filing Parties expressly disclaims beneficial ownership of the Company's common stock beneficially owned by the Other Party. Additionally, each of the Filing Parties expressly disclaims any assertion or presumption that such Filing Parties and the Other Party constitute a "group." See Item 4 of this Schedule 13D Amendment No. 2 for additional information. Cusip No. 57685P304 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons: Oliver Press Investors, LLC I.R.S. Identification Nos. of above persons (entities only): 20-2688868 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions): (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions): OO - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e): - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization: Delaware - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power: * --------------------------------------- Shares Beneficially 8. Shared Voting Power: 3,121,900* --------------------------------------- Owned by Each Reporting 9. Sole Dispositive Power: * --------------------------------------- Person With 10. Shared Dispositive Power: 3,121,900* --------------------------------------- - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person: 3,121,900 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11): 6% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions): PN - -------------------------------------------------------------------------------- * This is a joint filing by Oliver Press Partners, LLC ("OPP"), Oliver Press Investors, LLC ("OPI"), Augustus K. Oliver ("Oliver") and Clifford Press ("Press", and, collectively with OPP, OPI and Oliver, the "Filing Parties"), who share sole voting and investment power over the 286,200 shares of common stock of MatrixOne, Inc., a Delaware corporation (the "Company"), owned by Davenport Partners, L.P. and the 2,835,700 shares of common stock of the Company owned by Pierson Partners, L.P. On December 2, 2005, OPP, Davenport Partners, L.P., Pierson Partners, L.P. and Sidus Investment Management, LLC, a Delaware limited liability company (the "Other Party") filed a complaint with the Court of Chancery of the State of Delaware in and for New Castle County, which alleged breach of fiduciary duty and interference with the shareholder franchise with respect to the Company. As a result of filing such complaint and submitting notice of nominations for directors, one or more of the Filing Parties may be deemed to have formed a "group" with the Other Party for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder. Accordingly, each of the Filing Parties may be deemed to be the beneficial owner of the shares of the Company's common stock beneficially owned by the Other Party as reported on its respective Schedule 13D or Schedule 13G. Each of the Filing Parties expressly disclaims beneficial ownership of the Company's common stock beneficially owned by the Other Party. Additionally, each of the Filing Parties expressly disclaims any assertion or presumption that such Filing Parties and the Other Party constitute a "group." See Item 4 of this Schedule 13D Amendment No. 2 for additional information. Cusip No. 57685P304 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons: Augustus K. Oliver I.R.S. Identification Nos. of above persons (entities only): - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions): (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions): OO - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e): - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization: U.S.A. - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power: * --------------------------------------- Shares Beneficially 8. Shared Voting Power: 3,121,900* --------------------------------------- Owned by Each Reporting 9. Sole Dispositive Power: * --------------------------------------- Person With 10. Shared Dispositive Power: 3,121,900* --------------------------------------- - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person: 3,121,900 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11): 6% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions): IN - -------------------------------------------------------------------------------- * This is a joint filing by Oliver Press Partners, LLC ("OPP"), Oliver Press Investors, LLC ("OPI"), Augustus K. Oliver ("Oliver") and Clifford Press ("Press", and, collectively with OPP, OPI and Oliver, the "Filing Parties"), who share sole voting and investment power over the 286,200 shares of common stock of MatrixOne, Inc., a Delaware corporation (the "Company"), owned by Davenport Partners, L.P. and the 2,835,700 shares of common stock of the Company owned by Pierson Partners, L.P. On December 2, 2005, OPP, Davenport Partners, L.P., Pierson Partners, L.P. and Sidus Investment Management, LLC, a Delaware limited liability company (the "Other Party") filed a complaint with the Court of Chancery of the State of Delaware in and for New Castle County, which alleged breach of fiduciary duty and interference with the shareholder franchise with respect to the Company. As a result of filing such complaint and submitting notice of nominations for directors, one or more of the Filing Parties may be deemed to have formed a "group" with the Other Party for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder. Accordingly, each of the Filing Parties may be deemed to be the beneficial owner of the shares of the Company's common stock beneficially owned by the Other Party as reported on its respective Schedule 13D or Schedule 13G. Each of the Filing Parties expressly disclaims beneficial ownership of the Company's common stock beneficially owned by the Other Party. Additionally, each of the Filing Parties expressly disclaims any assertion or presumption that such Filing Parties and the Other Party constitute a "group." See Item 4 of this Schedule 13D Amendment No. 2 for additional information. Cusip No. 57685P304 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons: Clifford Press I.R.S. Identification Nos. of above persons (entities only): - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions): (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions): OO - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e): - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization: U.S.A. - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power: * --------------------------------------- Shares Beneficially 8. Shared Voting Power: 3,121,900* --------------------------------------- Owned by Each Reporting 9. Sole Dispositive Power: * --------------------------------------- Person With 10. Shared Dispositive Power: 3,121,900* --------------------------------------- - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person: 3,121,900 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11): 6% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions): IN - -------------------------------------------------------------------------------- * This is a joint filing by Oliver Press Partners, LLC ("OPP"), Oliver Press Investors, LLC ("OPI"), Augustus K. Oliver ("Oliver") and Clifford Press ("Press", and, collectively with OPP, OPI and Oliver, the "Filing Parties"), who share sole voting and investment power over the 286,200 shares of common stock of MatrixOne, Inc., a Delaware corporation (the "Company"), owned by Davenport Partners, L.P. and the 2,835,700 shares of common stock of the Company owned by Pierson Partners, L.P. On December 2, 2005, OPP, Davenport Partners, L.P., Pierson Partners, L.P. and Sidus Investment Management, LLC, a Delaware limited liability company (the "Other Party") filed a complaint with the Court of Chancery of the State of Delaware in and for New Castle County, which alleged breach of fiduciary duty and interference with the shareholder franchise with respect to the Company. As a result of filing such complaint and submitting notice of nominations for directors, one or more of the Filing Parties may be deemed to have formed a "group" with the Other Party for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder. Accordingly, each of the Filing Parties may be deemed to be the beneficial owner of the shares of the Company's common stock beneficially owned by the Other Party as reported on its respective Schedule 13D or Schedule 13G. Each of the Filing Parties expressly disclaims beneficial ownership of the Company's common stock beneficially owned by the Other Party. Additionally, each of the Filing Parties expressly disclaims any assertion or presumption that such Filing Parties and the Other Party constitute a "group." See Item 4 of this Schedule 13D Amendment No. 2 for additional information. Item 4. Purpose of Transaction. ---------------------- Item 4 is hereby amended by deleting the fourth and fifth paragraphs of Item 4 in its entirety and by substituting the following in lieu thereof (without any change to the remainder of Item 4 as previously filed): On December 2, 2005, OPP, Davenport, Pierson and Sidus Investment Management, LLC, a Delaware limited liability company (the "Other Party") submitted notice of nomination of directors for the annual meeting and filed a complaint with the Court of Chancery of the State of Delaware in and for New Castle County, which alleged breach of fiduciary duty and interference with the shareholder franchise with respect to the Company. The relief sought in the complaint was an order declaring that the Company's by-law governing the nomination of directors was invalid as unreasonable and inequitable as applied by Defendants and that Plaintiffs' nomination of directors for election to the board of directors was valid, allowing those nominations to be voted upon at the annual meeting and compelling the board of directors to move back the date of the annual meeting. The Plaintiffs' sought expedited treatment for the suit in order for a determination by the Court of Chancery to be made prior to December 22, 2005, the scheduled annual meeting date. On December 6, 2006, the Court of Chancery denied Plaintiffs' motion for expedited treatment. The Court of Chancery directed the parties to confer upon and submit a scheduling order designed to bring matters to trial promptly, which would occur after the scheduled annual meeting date. In its opinion, the Court of Chancery, while not making any decision on the merits, noted that if Plaintiffs' prevailed the court could fashion an adequate remedy after the annual meeting was held. For example, the Court observed that if the Plaintiffs prevail on the merits, the Court could, if the circumstances warranted, require directors elected at the upcoming annual meeting to stand again for election next year. The Filing Parties believe that they have meritorious claims in the litigation, and they intend to pursue the litigation vigorously. As a result of filing such complaint and submitting notice of nominations for directors, one or more of the Filing Parties may be deemed to have formed a "group" with the Other Party for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder. Accordingly, each of the Filing Parties may be deemed to be the beneficial owner of the shares of the Company's common stock beneficially owned by the Other Party as reported on its respective Schedule 13D or Schedule 13G. Each of the Filing Parties expressly disclaims beneficial ownership of the Company's common stock beneficially owned by the Other Party. Additionally, each of the Filing Parties expressly disclaims any assertion or presumption that such Filing Parties and the Other Party constitute a "group." Item 7. Exhibits. -------- (A) Joint filing agreement, dated as of December 7, 2005 by and among Oliver Press Partners, LLC, Oliver Press Investors, LLC, Augustus K. Oliver and Clifford Press. 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. December 7, 2005 Oliver Press Investors, LLC By: /s/ Augustus K. Oliver --------------------------------- Name: Augustus K. Oliver Title: Managing Member Oliver Press Partners, LLC By: /s/ Clifford Press --------------------------------- Name: Clifford Press Title: Managing Member /s/ Augustus K. Oliver ------------------------------------ Augustus K. Oliver /s/ Clifford Press ------------------------------------ Clifford Press Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). Exhibit A JOINT FILING AGREEMENT ---------------------- The undersigned agree that this Schedule 13D Amendment No. 2 relating to the shares of common stock of MatrixOne, Inc. is filed jointly on behalf of each of the undersigned pursuant to Rule 13d-1(k). Dated: December 7, 2005 Oliver Press Investors, LLC By: /s/ Augustus K. Oliver --------------------------------- Name: Augustus K. Oliver Title: Managing Member Oliver Press Partners, LLC By: /s/ Clifford Press --------------------------------- Name: Clifford Press Title: Managing Member /s/ Augustus K. Oliver ------------------------------------ Augustus K. Oliver /s/ Clifford Press ------------------------------------ Clifford Press -----END PRIVACY-ENHANCED MESSAGE-----