-----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, LNg0PxdXQgXPvzUFvVXnnnnxsM7BGu0/kRwgBrJmk5bLK3nFN1ijYWRLC2iHJoVc YHNUzBMSMCSVC/798Np/4Q== 0001144204-07-014848.txt : 20070328 0001144204-07-014848.hdr.sgml : 20070328 20070327183534 ACCESSION NUMBER: 0001144204-07-014848 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070328 DATE AS OF CHANGE: 20070327 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DATAWATCH CORP CENTRAL INDEX KEY: 0000792130 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 020405716 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-44549 FILM NUMBER: 07722388 BUSINESS ADDRESS: STREET 1: 271 MILL ROAD STREET 2: QUORUM OFFICE PARK CITY: CHELMSFORD STATE: MA ZIP: 01824 BUSINESS PHONE: 978-441-2200 MAIL ADDRESS: STREET 1: 271 MILL ROAD STREET 2: QUORUM OFFICE PARK CITY: CHELMSFORD STATE: MA ZIP: 01824 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HUGER RAYMOND J CENTRAL INDEX KEY: 0001098147 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: MATH STRATEGIES STREET 2: 600 GREEN VALLEY RD STE 304 CITY: GREENSBORO STATE: NC ZIP: 27408 BUSINESS PHONE: 3368557065 SC 13D 1 v069623_sc13d.htm
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No.  )*


Datawatch Corporation

(Name of Issuer)


Common Stock, $0.01 par value

(Title of Class of Securities)


237917 20-8

(CUSIP Number)

Charles E. H. Luedde, Esq.
10 South Broadway, Suite 2000, St. Louis, Missouri 63102 (314) 241-9090

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

March 22, 2007

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), (f) or (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 Rule 13d-7(b) 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 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. 237917 20-8
13D
Page 2 of 4
 
 
1
 
 
Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons (entities only)
 
Raymond J. Huger
 
2
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)         
(b)    o
 
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)
o
 
6
 
 
Citizenship or Place of Organization
 
United States
 
Number of
 
Shares
 
7
 
 
Sole Voting Power
 
280,800
 
Beneficially
 
Owned by
 
8
 
Shared Voting Power
 
-0-
 
Each
 
Reporting
 
9
 
 
Sole Dispositive Power
 
280,800
 
 
Person With
 
10
 
 
Shared Dispositive Power
 
-0-
 
11
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
280,800
 
12
 
 
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
o
 
13
 
 
Percent of Class Represented by Amount in Row (11)
 
5.1%
 
14
 
 
Type of Reporting Person (See Instructions)
 
IN


 
CUSIP No. 237917 20-8
13D
Page 3 of 4
 
ITEM 1. Security and Issuer.

Common Stock, $0.01 par value
Datawatch Corporation
271 Mill Road
Quorum Office Park
Chelmsford, Massachusetts 01824

ITEM 2. Identity and Background.

(a)  
Raymond J. Huger
     
(b)  
Math Strategies
101 South Elm Street - Suite 212
Greensboro, NC 27401
     
(c)  
Mr. Huger is the owner of Math Strategies (a sole proprietorship) which is engaged in the development of computer software. Math Strategies is responsible for the development of the Monarch® software line which is licensed to and distributed by Datawatch Corporation and which represents a significant portion of the revenues of Datawatch Corporation.
     
(d)   Not applicable.
     
(e)   Not applicable.
     
(f)   Mr. Huger is a citizen of the United States of America.
 
ITEM 3. Source and Amount of Funds and Other Consideration.

Funds for the purchase of shares of Datawatch Corporation have come from the personal funds of Raymond J. Huger.
 
ITEM 4. Purpose of the Transaction.

The holdings and purchases of shares of the stock of Datawatch Corporation by Mr. Huger represent an investment made in recognition of the mutual significance of Math Strategies and its Monarch® software to Datawatch and of the marketing and distribution efforts of Datawatch (and resulting royalty payments) to Math Strategies. Mr. Huger may acquire additional shares of the stock of Datawatch from time to time in the future or may elect to dispose of shares currently held, depending upon market conditions and other factors.
 
Except as may develop as a result of discussions with the management of Datawatch Corporation as contemplated by the preceding paragraph, the acquisition of shares does not have as its purpose:

(i)
the bringing about of any future extraordinary transactions;

 
(ii)
the sale or transfer of a material amount of the assets of the Issuer or any of its subsidiaries;

 
(iii)
any change in the present board of directors or management of the Issuer;

(iv)
any material change in the capitalization or dividend policy of the Issuer;
 

 
CUSIP No. 237917 20-8
13D
Page 4 of 4
 
(v)
other material changes in the Issuer’s business or corporate structure;
 
(vi)
changes in the Issuer’s charter or by-laws; or

 
(vii)
causing the Common Stock of the Issuer to be delisted from NASDAQ or to become eligible for termination of registration under Section 12(g)(4) of the Securities Exchange Act of 1934.

ITEM 5. Interest in Securities of the Issuer.

(a)
Raymond J. Huger  280,000 shares                      5.1%

(percentage based on 5,518,923 shares reported as outstanding on 2/8/07)

 
(b)
Mr. Huger has sole power to vote and dispose of the shares listed in (a) above.

(c)
The following table represents a list of purchases of shares of the stock of Datawatch Corporation made by Mr. Huger within the past 60 days:

date
number of shares
price per share
February 28, 2007
10,000   
$3.08
March 2, 2007
5,000   
$3.05
March 5, 2007
6,000   
$3.02
March 8, 2007
5,000   
$3.00
March 13, 2007
5,000   
$3.02
March 16, 2007
5,000   
$3.00
March 20, 2007
6,000   
$2.98
March 22, 2007
5,000   
$2.98
 total
47,000   
 

(d)
Not applicable.

(e)
Not applicable.

ITEM 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

None.

ITEM 7. Material to be Filed as Exhibits.

 
None.
 
After reasonable inquiry, and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 
/s/ Raymond J. Huger
Raymond J. Huger
 
Date: March 27, 2007
 


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