-----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, Ml9n3W88UCFMExhxBMRG56jRB1wRp7vrOM1dP7J1RcbDhEftgKhnEVLEUteUwwZ5 omIdpPvecdqZrAElU3/Crg== 0000902561-08-000087.txt : 20080516 0000902561-08-000087.hdr.sgml : 20080516 20080516120234 ACCESSION NUMBER: 0000902561-08-000087 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080516 DATE AS OF CHANGE: 20080516 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LODGENET INTERACTIVE CORP CENTRAL INDEX KEY: 0000911002 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 460371161 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-42773 FILM NUMBER: 08840989 BUSINESS ADDRESS: STREET 1: 3900 W. INNOVATION STREET CITY: SIOUX FALLS STATE: SD ZIP: 57107-7002 BUSINESS PHONE: (605)-988-1000 MAIL ADDRESS: STREET 1: 3900 W. INNOVATION STREET CITY: SIOUX FALLS STATE: SD ZIP: 57107-7002 FORMER COMPANY: FORMER CONFORMED NAME: LODGENET ENTERTAINMENT CORP DATE OF NAME CHANGE: 19931014 FORMER COMPANY: FORMER CONFORMED NAME: LNET INC DATE OF NAME CHANGE: 19930820 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LaGrange Capital Administration, L.L.C. CENTRAL INDEX KEY: 0001353724 IRS NUMBER: 731713931 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 570 LEXINGTON AVENUE, 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 218-5154 MAIL ADDRESS: STREET 1: 570 LEXINGTON AVENUE, 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G/A 1 form13ga_lodgenet051408.txt SCHEDULE 13G/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________ Under the Securities Exchange Act of 1934 SCHEDULE 13G/A (Amendment No. 1) INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 LODGENET INTERACTIVE CORPORATION -------------------------------- (Name of Issuer) Common Stock, $0.01 par value per share --------------------------------------- (Title of Class of Securities) 540211109 ------------- (CUSIP Number) May 12, 2008 ------------------------------------------------------ (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) Page 1 of 12 Pages SCHEDULE 13G CUSIP No. 540211109 Page 2 of 12 Pages - ----------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON LaGrange Capital Partners, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 13-4106878 - ----------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| - ----------------------------------------------------------------------------- 3) SEC USE ONLY - ----------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------------------- 5) SOLE VOTING POWER NUMBER 1,785,368 OF ----------------------------------------------- SHARES 6) SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH ----------------------------------------------- REPORTING 7) SOLE DISPOSITIVE POWER PERSON WITH 1,785,368 ----------------------------------------------- 8) SHARED DISPOSITIVE POWER 0 - ----------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,785,368 - ----------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |-| - ----------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.0% - ----------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON PN - ----------------------------------------------------------------------------- SCHEDULE 13G CUSIP No. 540211109 Page 3 of 12 Pages - ----------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON LaGrange Capital Partners Offshore Fund, Ltd. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ----------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| - ----------------------------------------------------------------------------- 3) SEC USE ONLY - ----------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - ----------------------------------------------------------------------------- 5) SOLE VOTING POWER NUMBER 522,535 OF ----------------------------------------------- SHARES 6) SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH ----------------------------------------------- REPORTING 7) SOLE DISPOSITIVE POWER PERSON WITH 522,535 ----------------------------------------------- 8) SHARED DISPOSITIVE POWER 0 - ----------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 522,535 - ----------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |-| - ----------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.3% - ----------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON CO - ----------------------------------------------------------------------------- SCHEDULE 13G CUSIP No. 540211109 Page 4 of 12 Pages - ----------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON LaGrange Capital Administration, L.L.C. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 73-1713931 - ----------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| - ----------------------------------------------------------------------------- 3) SEC USE ONLY - ----------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION USA - ----------------------------------------------------------------------------- 5) SOLE VOTING POWER NUMBER 2,307,903 OF ----------------------------------------------- SHARES 6) SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH ----------------------------------------------- REPORTING 7) SOLE DISPOSITIVE POWER PERSON WITH 2,307,903 ----------------------------------------------- 8) SHARED DISPOSITIVE POWER 0 - ----------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,307,903 - ----------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |-| - ----------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.4% - ----------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON IA - ----------------------------------------------------------------------------- SCHEDULE 13G CUSIP No. 540211109 Page 5 of 12 Pages - ----------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON Frank LaGrange Johnson S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ----------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| - ----------------------------------------------------------------------------- 3) SEC USE ONLY - ----------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION USA - ----------------------------------------------------------------------------- 5) SOLE VOTING POWER NUMBER 2,308,903 OF ----------------------------------------------- SHARES 6) SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH ----------------------------------------------- REPORTING 7) SOLE DISPOSITIVE POWER PERSON WITH 2,308,903 ----------------------------------------------- 8) SHARED DISPOSITIVE POWER 0 - ----------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,308,903 - ----------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - ----------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.4% - ----------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON IN - ----------------------------------------------------------------------------- SCHEDULE 13G Item 1(a). Name of Issuer: LodgeNet Interactive Corporation Item 1(b). Address of Issuer's Principal Executive Offices: 3900 West Innovation Street, Sioux Falls, South Dakota 57107 Item 2(a). Name of Persons Filing: (i) LaGrange Capital Partners, L.P. (ii) LaGrange Capital Partners Offshore Fund, Ltd. (iii) LaGrange Capital Administration, L.L.C. (iv) Frank LaGrange Johnson (collectively, the "Reporting Persons" and each a "Reporting Person") Item 2(b). Address of Principal Business Office or, if None, Residence: Each of the Reporting Persons has a business address at 570 Lexington Avenue, 27th Floor, New York, New York 10022. Item 2(c). Citizenship: (i) LaGrange Capital Partners, L.P. Delaware (ii) LaGrange Capital Partners Offshore Fund, Ltd. Cayman Islands (iii) LaGrange Capital Administration, L.L.C. Delaware (iv) Frank LaGrange Johnson USA Item 2(d). Title of Class of Securities: Common Stock, $0.01 par value per share Item 2(e). CUSIP Number: 540211109 Item 3. If this statement is filed pursuant to ss.ss. 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 (15 U.S.C. 78o) (b) |_| Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c) (c) |_| Insurance Company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c) (d) |_| Investment Company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8) (e) |_| Investment Adviser in accordance with ss. 240.13d-1(b)(1)(ii)(E) (f) |_| Employee benefit plan or endowment fund in accordance with ss. 240.13d-1(b)(1)(ii)(F) (g) |_| Parent Holding Company or control person in accordance with ss.240.13d-1(b)(ii)(G) (h) |_| Savings Association as defined in ss.3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813) (i) |_| Church plan that is excluded from the definition of an investment company under ss.3(c)(15) of the Investment Company Act of 1940 (15 U.S.C. 80a-3) (j) |_| Group, in accordance with ss.240.13d-1(b)(ii)(J) Item 4. Ownership. (i) LaGrange Capital Partners, L.P.(1) (a) Amount beneficially owned: 1,785,368 (b) Percent of class: 8.0%(2) (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 1,785,368 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 1,785,368 (iv) Shared power to dispose or to direct the disposition of: 0 - ---------- (1) LaGrange Capital Partners, L.P. directly holds 1,785,368 shares of Common Stock, or 8.0% of the class of shares. LaGrange Capital Partners Offshore Fund, Ltd. directly holds 522,535 shares of Common Stock, or 2.3% of the class of shares. LaGrange Administration, L.L.C., does not hold any shares of Common Stock directly, but by virtue of its control relationship with LaGrange Capital Partners, L.P. and LaGrange Capital Partners Offshore Fund, Ltd. is deemed to indirectly hold 2,307,903 shares of Common Stock, or 10.4% of the class of shares. Frank LaGrange Johnson directly holds 1,000 shares of Common Stock in an IRA account, but by virtue of his role as sole member of LaGrange Capital Administration, L.L.C., he indirectly holds 2,307,903 shares of Common Stock, for a total holding of 2,308,903 shares, or 10.4% of the class of shares. (2) Percentages are based on 22,282,897 shares of Common Stock outstanding as of May 5, 2008 (as set forth on the Issuer's Form 10-Q, filed on May 9, 2008 with the Securities and Exchange Commission). (ii) LaGrange Capital Partners Offshore Fund, Ltd.(3) (a) Amount beneficially owned: 522,535 (b) Percent of class: 2.3%(4) (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 522,535 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 522,535 (iv) Shared power to dispose or to direct the disposition of: 0 - --------- (3) LaGrange Capital Partners, L.P. directly holds 1,785,368 shares of Common Stock, or 8.0% of the class of shares. LaGrange Capital Partners Offshore Fund, Ltd. directly holds 522,535 shares of Common Stock, or 2.3% of the class of shares. LaGrange Administration, L.L.C., does not hold any shares of Common Stock directly, but by virtue of its control relationship with LaGrange Capital Partners, L.P. and LaGrange Capital Partners Offshore Fund, Ltd. is deemed to indirectly hold 2,307,903 shares of Common Stock, or 10.4% of the class of shares. Frank LaGrange Johnson directly holds 1,000 shares of Common Stock in an IRA account, but by virtue of his role as sole member of LaGrange Capital Administration, L.L.C., he indirectly holds 2,307,903 shares of Common Stock, for a total holding of 2,308,903 shares, or 10.4% of the class of shares. (4) Percentages are based on 22,282,897 shares of Common Stock outstanding as of May 5, 2008(as set forth on the Issuer's Form 10-Q, filed on May 9, 2008 with the Securities and Exchange Commission). (iii) LaGrange Capital Administration, L.L.C.(5) (a) Amount beneficially owned: 2,307,903 (b) Percent of class: 10.4%(6) (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 2,307,903 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 2,307,903 (iv) Shared power to dispose or to direct the disposition of: 0 - ---------- (5) LaGrange Capital Partners, L.P. directly holds 1,785,368 shares of Common Stock, or 8.0% of the class of shares. LaGrange Capital Partners Offshore Fund, Ltd. directly holds 522,535 shares of Common Stock, or 2.3% of the class of shares. LaGrange Administration, L.L.C., does not hold any shares of Common Stock directly, but by virtue of its control relationship with LaGrange Capital Partners, L.P. and LaGrange Capital Partners Offshore Fund, Ltd. is deemed to indirectly hold 2,307,903 shares of Common Stock, or 10.4% of the class of shares. Frank LaGrange Johnson directly holds 1,000 shares of Common Stock in an IRA account, but by virtue of his role as sole member of LaGrange Capital Administration, L.L.C., he indirectly holds 2,307,903 shares of Common Stock, for a total holding of 2,308,903 shares, or 10.4% of the class of shares. (6) Percentages are based on 22,282,897 shares of Common Stock outstanding as of May 5, 2008 (as set forth on the Issuer's Form 10-Q, filed on May 9, 2008 with the Securities and Exchange Commission). (iv) Frank LaGrange Johnson (a) Amount beneficially owned: 2,308,903 (b) Percent of class: 10.4%(7) (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the 2,308,903(8) (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 2,308,903 (iv) Shared power to dispose or to direct the disposition of: 0 - --------- (7) Percentages are based on 22,282,897 shares of Common Stock outstanding as of May 5, 2008 (as set forth on the Issuer's Form 10-Q, filed on May 9, 2008 with the Securities and Exchange Commission). (8) LaGrange Capital Partners, L.P. directly holds 1,785,368 shares of Common Stock, or 8.0% of the class of shares. LaGrange Capital Partners Offshore Fund, Ltd. directly holds 522,535 shares of Common Stock, or 2.3% of the class of shares. LaGrange Administration, L.L.C., does not hold any shares of Common Stock directly, but by virtue of its control relationship with LaGrange Capital Partners, L.P. and LaGrange Capital Partners Offshore Fund, Ltd. is deemed to indirectly hold 2,307,903 shares of Common Stock, or 10.4% of the class of shares. Frank LaGrange Johnson directly holds 1,000 shares of Common Stock in an IRA account, but by virtue of his role as sole member of LaGrange Capital Administration, L.L.C., he indirectly holds 2,307,903 shares of Common Stock, for a total holding of 2,308,903 shares, or 10.4% of the class of shares. Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable. 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. Not applicable. 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 such purpose or effect. SIGNATURE After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this Statement is true, complete and correct. Dated as of May 16, 2008 LaGrange Capital Partners, L.P. By: LaGrange Capital Management, L.L.C., its General Partner By: /s/ Frank LaGrange Johnson -------------------------------------- Frank LaGrange Johnson, its sole Member Dated as of May 16, 2008 LaGrange Capital Partners Offshore Fund, Ltd. By: LaGrange Capital Administration, L.L.C., its Investment Manager By: /s/ Frank LaGrange Johnson -------------------------------------- Frank LaGrange Johnson, its sole Member Dated as of May 16, 2008 LaGrange Capital Administration, L.L.C. By: /s/ Frank LaGrange Johnson --------------------------------------- Frank LaGrange Johnson, its sole Member Dated as of May 16, 2008 By: /s/ Frank LaGrange Johnson -------------------------------------- Frank LaGrange Johnson EXHIBIT A Agreement of Joint Filing Pursuant to 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby confirm the agreement by and among them to join in the filing on behalf of each of them of a Statement on Schedule 13G and any and all amendments thereto, and that this Agreement be included as an Exhibit to such filing. This Agreement may be executed in any number of counterparts each of which shall be deemed to be an original and all of which together shall be deemed to constitute one and the same Agreement. IN WITNESS WHEREOF, the undersigned have executed this Agreement. Dated as of May 16, 2008 LaGrange Capital Partners, L.P. By: LaGrange Capital Management, L.L.C., its General Partner By: /s/ Frank LaGrange Johnson -------------------------------------- Frank LaGrange Johnson, its sole Member Dated as of May 16, 2008 LaGrange Capital Partners Offshore Fund, Ltd. By: LaGrange Capital Administration, L.L.C., its Investment Manager By: /s/ Frank LaGrange Johnson -------------------------------------- Frank LaGrange Johnson, its sole Member Dated as of May 16, 2008 LaGrange Capital Administration, L.L.C. By: /s/ Frank LaGrange Johnson --------------------------------------- Frank LaGrange Johnson, its sole Member Dated as of May 16, 2008 By: /s/ Frank LaGrange Johnson -------------------------------------- Frank LaGrange Johnson -----END PRIVACY-ENHANCED MESSAGE-----