-----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, NXcj8aZASoGGHyLPXX+uoNkgMy409xh1iX3vUKLsm5GSHX9DS57/DTDnOoLB1wNT Y1qDC/iVoIhT/bUwRuuQSg== 0000950152-01-000682.txt : 20010209 0000950152-01-000682.hdr.sgml : 20010209 ACCESSION NUMBER: 0000950152-01-000682 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010208 GROUP MEMBERS: SHAKER INVESTMENTS INC/OH GROUP MEMBERS: SHAKER INVESTMENTS MANAGEMENT L.P. GROUP MEMBERS: SHAKER MANAGEMENT, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PLX TECHNOLOGY INC CENTRAL INDEX KEY: 0000850579 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 943008334 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-56235 FILM NUMBER: 1528097 BUSINESS ADDRESS: STREET 1: 390 POTRERO AVENUE CITY: SUNNYVALE STATE: CA ZIP: 94086 BUSINESS PHONE: 4087749060 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SHAKER INVESTMENTS INC/OH CENTRAL INDEX KEY: 0001009005 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 341690700 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 20600 CHAGRIN BLVD CITY: CLEVELAND STATE: OH ZIP: 44122 BUSINESS PHONE: 2169212950 MAIL ADDRESS: STREET 1: 20600 CHARGRIN BLVD CITY: SHAKER HEIGHTS STATE: OH ZIP: 44122 SC 13G 1 l86376asc13g.txt SHAKER INVESTMENTS, INC./PLX TECHNOLOGY, INC. 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ___)* PLX Technology, Inc. --------------------------------------------------------- (Name of Issuer) Common Stock (par value $0.001 per share) ----------------------------------------------------------- (Title of Class of Securities) 693417107 ---------------------------------------------------------- (CUSIP Number) December 31, 2000 ---------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [_] 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). 2 ------------------------------
(1) NAME OF REPORTING PERSON: Shaker Investments, Inc. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: 34-1690700 --------------------------------------------------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [_] (3) SEC USE ONLY --------------------------------------------------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION: Ohio --------------------------------------------------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: (5) SOLE VOTING POWER: 887,545 --------------------------------------------------------------------------------------------------------- (6) SHARED VOTING POWER: None --------------------------------------------------------------------------------------------------------- (7) SOLE DISPOSITIVE POWER: 887,545 --------------------------------------------------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER: None --------------------------------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 887,545 --------------------------------------------------------------------------------------------------------------------------- Pursuant to Section 240.13d-4 of the Act, the filing of this Schedule 13G shall not be construed as an admission that the reporting person is, for purposes of Section 13(d) or 13(g) of the Act, the beneficial owner of any of the securities covered by this Schedule 13G. (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: [_] (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 3.80% (See Note 1) ---------------------------------------------------------------------------------------------------------------------------
3 (12) TYPE OF REPORTING PERSON: CO ----------------------------------------------------------------------- *Note 1: This percentage is based on 23,333,389 shares of common stock (par value $0.001 per share) outstanding as of October 31, 2000 as reported in the Form 10-Q of PLX Technology, Inc. for the quarter ended September 30, 2000. (end of cover page) 4 ------------------------------
(1) NAME OF REPORTING PERSON: Shaker Management, Inc. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: 34-1911119 --------------------------------------------------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [_] (3) SEC USE ONLY --------------------------------------------------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION: Ohio --------------------------------------------------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: (5) SOLE VOTING POWER: 427,090 --------------------------------------------------------------------------------------------------------- (6) SHARED VOTING POWER: None --------------------------------------------------------------------------------------------------------- (7) SOLE DISPOSITIVE POWER: 427,090 --------------------------------------------------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER: None --------------------------------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 427,090 --------------------------------------------------------------------------------------------------------------------------- Pursuant to Section 240.13d-4 of the Act, the filing of this Schedule 13G shall not be construed as an admission that the reporting person is, for purposes of Section 13(d) or 13(g) of the Act, the beneficial owner of any of the securities covered by this Schedule 13G. (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: [_] (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 1.83% (See Note 1) ---------------------------------------------------------------------------------------------------------------------------
5 (12) TYPE OF REPORTING PERSON: CO ----------------------------------------------------------------------- *Note 1: This percentage is based on 23,333,389 shares of common stock (par value $0.001 per share) outstanding as of October 31, 2000 as reported in the Form 10-Q of PLX Technology, Inc. for the quarter ended September 30, 2000. (end of cover page) 6 ------------------------------
(1) NAME OF REPORTING PERSON: Shaker Investments Management, L.P. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: 34-1844062 --------------------------------------------------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [_] (3) SEC USE ONLY --------------------------------------------------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware --------------------------------------------------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: (5) SOLE VOTING POWER: 185,150 --------------------------------------------------------------------------------------------------------- (6) SHARED VOTING POWER: None --------------------------------------------------------------------------------------------------------- (7) SOLE DISPOSITIVE POWER: 185,150 --------------------------------------------------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER: None --------------------------------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 185,150 --------------------------------------------------------------------------------------------------------------------------- Pursuant to Section 240.13d-4 of the Act, the filing of this Schedule 13G shall not be construed as an admission that the reporting person is, for purposes of Section 13(d) or 13(g) of the Act, the beneficial owner of any of the securities covered by this Schedule 13G. (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: [_] (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 0.79% (See Note 1) ---------------------------------------------------------------------------------------------------------------------------
7 (12) TYPE OF REPORTING PERSON: PN ----------------------------------------------------------------------- *Note 1: This percentage is based on 23,333,389 shares of common stock (par value $0.001 per share) outstanding as of October 31, 2000 as reported in the Form 10-Q of PLX Technology, Inc. for the quarter ended September 30, 2000. (end of cover page) 8 ITEM 1(a) NAME OF ISSUER: PLX Technology, Inc. ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 390 Potrero Avenue Sunnyvale, California 94086 ITEM 2(a) NAME OF PERSONS FILING: Shaker Investments, Inc. Shaker Management, Inc. Shaker Investments Management, L.P. ITEM 2(b) ADDRESS OF PRINCIPAL OFFICE OR, IF NONE, RESIDENCE: One Chagrin Highlands 2000 Auburn Drive, Suite 300 Cleveland, Ohio 44122 ITEM 2(c) CITIZENSHIP: See Item 4 of cover pages. ITEM 2(d) TITLE OF CLASS OF SECURITIES: Common Stock (par value $0.001 per share) ITEM 2(e) CUSIP NUMBER: 693417107
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13d-1(b) OR 240.13d-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; INSURANCE COMPANY AS DEFINED IN SECTION 3(a)(19) OF THE ACT; (c) [_] INSURANCE COMPANY REGISTERED UNDER SECTION 8 OF THE INVESTMENT COMPANY ACT OF 1940; (d) [_] INVESTMENT COMPANY REGISTERED UNDER SECTION 8 OF THE INVESTMENT COMPANY ACT OF 1940; (e) [_] AN INVESTMENT ADVISER IN ACCORDANCE WITH SECTION 240.13d-1(b)(1)(ii)(E); (f) [_] AN EMPLOYEE BENEFIT PLAN OR ENDOWMENT FUND IN ACCORDANCE WITH SECTION 240.13d-1(b)(1)(ii)(F);
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(g) [_] A PARENT HOLDING COMPANY OR CONTROL PERSON IN ACCORDANCE WITH SECTION 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 OF AN INVESTMENT COMPANY UNDER SECTION 3(c)(14) OF THE INVESTMENT COMPANY ACT OF 1940; (j) [X] GROUP, IN ACCORDANCE WITH SECTION 240.13d-1(b)(1)(ii)(J). ITEM 4. OWNERSHIP. (a) AMOUNT BENEFICIALLY OWNED: See Item 9 of cover pages. (b) PERCENT OF CLASS: See Item 11 of cover pages. (c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: (i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE: See Item 5 of cover page as to each reporting person. As a group, the reporting persons have sole voting power over 1,499,785 shares or 6.42% of the outstanding shares. (See Note 1 of cover pages.) (ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE: None. (iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF: See Item 7 of cover page as to each reporting person. As a group, the reporting persons have sole dispositive power over 1,499,785 shares or 6.42% of the outstanding shares. (See Note 1 of cover pages.) (iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF: None. ITEM 5. OWNERSHIP OF 5 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 5 percent of the class of securities, check the following [_]. ITEM 6. OWNERSHIP OF MORE THAN 5 PERCENT ON BEHALF OF ANOTHER PERSON. Each reporting person exercises discretionary authority as an investment adviser on behalf of various clients none of which to the best of the
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knowledge of each reporting person holds more than five percent of the class of securities. 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. Each reporting person is a member of the group that is filing this Schedule 13G pursuant to Section 240.13d-1(b)(1)(ii)(J). Each member of the group is an investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E). The members of the group are described in Exhibit 99.1 to this Schedule 13G. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not Applicable. ITEM 10. CERTIFICATION. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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 of effect. 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: February 6 , 2001 ------------------ SHAKER INVESTMENTS, INC. /s/ Edward P. Hemmelgarn ---------------------------------------------------- Signature Name: Edward P. Hemmelgarn Title: President SHAKER MANAGEMENT, INC. /s/ Edward P. Hemmelgarn ---------------------------------------------------- Signature Name: Edward P. Hemmelgarn Title: President
11 SHAKER INVESTMENTS MANAGEMENT, L.P. By: Shaker Investments Management, L.L.C., its general partner By: /s/ Edward P. Hemmelgarn --------------------------------------- Signature Name: Edward P. Hemmelgarn Title: Managing Member 12 EXHIBIT INDEX - ------------- Number Description of Document - ------ ----------------------- Exhibit 99.1 Members of the Group Exhibit 99.2 Joint Filing Agreement among Shaker Investments, Inc., Shaker Management, Inc. and Shaker Investments Management, L.P., dated February 6, 2001. ---------- 13 EXHIBIT 99.1 ------------ Members of the Group -------------------- Name Item 3 Classification ---- --------------------- Shaker Investments, Inc. 3(e) Shaker Management, Inc. 3(e) Shaker Investments Management, L.P. 3(e) 14 EXHIBIT 99.2 ------------ Joint Filing Agreement ---------------------- The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is inaccurate. Dated: February 6, 2001 Shaker Investments, Inc. ---------- /s/ Edward P. Hemmelgarn ------------------------------------------------- Signature Name: Edward P. Hemmelgarn Title: President Shaker Management, Inc. /s/ Edward P. Hemmelgarn ------------------------------------------------- Signature Name: Edward P. Hemmelgarn Title: President Shaker Investments Management, L.P. By: Shaker Investments Management, L.L.C., its general partner By: /s/ Edward P. Hemmelgarn -------------------------------------- Signature Name: Edward P. Hemmelgarn Title: Managing Member 562502.2 -----END PRIVACY-ENHANCED MESSAGE-----