-----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, I2XJ6ByDt+1W2S9rLqrMN+gM8P5rZkfErgez/WARK9iM67l6d8LOrMeBPdoGJVCo +S1x6BgdrL9uZP/7gQ4eNw== 0000910680-03-000631.txt : 20030722 0000910680-03-000631.hdr.sgml : 20030722 20030722124149 ACCESSION NUMBER: 0000910680-03-000631 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030722 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BAYSTAR CAPITAL II LP CENTRAL INDEX KEY: 0001233041 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 80 E SIR FRANCIS DRAKE BLVD STREET 2: SUITE 2B CITY: LARKSPUR STATE: CA ZIP: 94939 BUSINESS PHONE: 4158344620 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ORTHOVITA INC CENTRAL INDEX KEY: 0000913756 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 232694857 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-59461 FILM NUMBER: 03795982 BUSINESS ADDRESS: STREET 1: 45 GREAT VALLEY PKWY CITY: MALVERN STATE: PA ZIP: 19355 BUSINESS PHONE: 2156401775 MAIL ADDRESS: STREET 1: 45 GREAT VALLEY PKWY CITY: MALVERN STATE: PA ZIP: 19355 SC 13G 1 form13g07142003.txt SCHEDULE 13G ----------------------------- OMB APPROVAL ----------------------------- OMB Number 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response ..... 11 ----------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934* Orthovita, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 06875OU102 ------------------------------------------------------------------------------ (CUSIP Number) July 1, 2003 ----------------------------------------------------------- (Date of Event which requires filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Statement is filed: [ ] Rule 13d-1(b) [X] 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 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. 068750U102 13G Page 2 of 11 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Baystar Capital II, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 1,250,000 SHARES ------------------------------------------------------------- BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH 0 REPORTING ------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 1,250,000 ------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,250,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT CUSIP No. 068750U102 13G Page 3 of 11 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Baystar Capital Management, LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------------- BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH 1,250,000 REPORTING ------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 ------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,250,000 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,250,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT CUSIP No. 068750U102 13G Page 4 of 11 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Mr. Steven Derby - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------------- BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH 1,467,415* REPORTING ------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 ------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,467,415* - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,467,415* - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.1% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- * Mr. Steven Derby, in his capacity as the sole managing member of SDS Capital Partners, LLC, the general partner of SDS Merchant Fund, L.P., shares dispositive power of 217,415 shares of common stock of the Issuer. *SEE INSTRUCTIONS BEFORE FILLING OUT CUSIP No. 068750U102 13G Page 5 of 11 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Mr. Lawrence Goldfarb - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------------- BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH 1,250,000 REPORTING ------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 ------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,250,000 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,250,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT CUSIP No. 068750U102 13G Page 6 of 11 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Mr. Steven M. Lamar - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------------- BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH 1,250,000 REPORTING ------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 ------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,250,000 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,250,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT CUSIP No. 068750U102 13G Page 7 of 11 Pages - -------------------------------------------------------------------------------- Item 1(a). Name of Issuer: Orthovita, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 45 Great Valley Parkway Malvern, PA 19355 Item 2(a). Name of Person Filing. Item 2(b). Address of Principal Business Office or, if None, Residence. Item 2(c). Citizenship. Baystar Capital II, L.P. (the "Reporting Person") c/o Baystar Capital Management, LLC 80 East Sir Francis Drake Blvd., Suite 2B Larkspur, CA 94939 Delaware limited partnership Baystar Capital Management, LLC (the "General Partner") 80 East Sir Francis Drake Blvd., Suite 2B Larkspur, CA 94939 Delaware limited liability company Mr. Steven Derby ("Mr. Derby") Managing Member of the General Partner 53 Forest Avenue, 2nd Floor Old Greenwich, CT 06870 United States citizen Mr. Lawrence Goldfarb ("Mr. Goldfarb") Managing Member of the General Partner 80 East Sir Francis Drake Blvd., Suite 2B Larkspur, CA 94939 United States citizen Mr. Steven M. Lamar ("Mr. Lamar") Managing Member of the General Partner 80 East Sir Francis Drake Blvd., Suite 2B Larkspur, CA 94939 United States citizen Item 2(d). Title of Class of Securities: Common Stock Item 2(e). CUSIP Number: 068750U102 CUSIP No. 068750U102 13G Page 8 of 11 Pages - -------------------------------------------------------------------------------- Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: Not Applicable Item 4. Ownership. As of July 1, 2003: 1. The Reporting Person. (a) Amount beneficially owned: 1,250,000 shares of Common Stock (b) Percent of Class: 6.0% (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 1,250,000 (ii) shared power to vote or direct the vote: 0 (iii) sole power to dispose or direct the disposition of: 1,250,000 (iv) shared power to dispose or direct the disposition of: 0 2. The General Partner. (a) Amount beneficially owned: 1,250,000 shares of Common Stock (b) Percent of Class: 6.0% (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 0 (ii) shared power to vote or direct the vote: 1,250,000 (iii) sole power to dispose or direct the disposition of: 0 (iv) shared power to dispose or direct the disposition of: 1,250,000 3. Mr. Derby. (a) Amount beneficially owned: 1,467,415 shares of Common Stock* (b) Percent of Class: 7.1% (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 0 CUSIP No. 068750U102 13G Page 9 of 11 Pages - -------------------------------------------------------------------------------- (ii) shared power to vote or direct the vote: 1,467,415* (iii) sole power to dispose or direct the disposition of: 0 (iv) shared power to dispose or direct the disposition of: 1,467,415* * Mr. Steven Derby, in his capacity as the sole managing member of SDS Capital Partners, LLC, the general partner of SDS Merchant Fund, L.P., shares dispositive power of 217,415 shares of Common Stock of the Issuer. 4. Mr. Goldfarb - same as the General Partner, see above. 5. Mr. Lamar - same as the General Partner, see above. 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, the Reporting Person certifies that, to the best of its 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 or effect. CUSIP No. 068750U102 13G Page 10 of 11 Pages - -------------------------------------------------------------------------------- SIGNATURE After reasonable inquiry and to the best of the Reporting Person's knowledge and belief, the Reporting Person certifies that the information set forth in this statement is true, complete and correct. Dated: July 22, 2003 BAYSTAR CAPITAL II, L.P. By: Baystar Capital Management, LLC, its General Partner By: /s/ Steven Derby --------------------------------- Name: Steven Derby Title: Managing Member BAYSTAR CAPITAL MANAGEMENT, LLC By: /s/ Steven Derby --------------------------------- Name: Steven Derby Title: Managing Member /s/ Steven Derby ------------------------------------- Steven Derby /s/ Lawrence Goldfarb ------------------------------------- Lawrence Goldfarb /s/ Steven M. Lamar ------------------------------------- Steven M. Lamar CUSIP No. 068750U102 13G Page 11 of 11 Pages - -------------------------------------------------------------------------------- EXHIBIT A JOINT FILING AGREEMENT This Agreement is filed as an exhibit to Schedule 13G being filed by Baystar Capital II, L.P., Baystar Capital Management, LLC, Mr. Steven Derby, Mr. Lawrence Goldfarb and Mr. Steven M. Lamar in compliance with Rule 13d-1(k) of the Securities and Exchange Commission, which requires an agreement in writing indicating that the Schedule 13G to which this Agreement is attached is filed on behalf of the below-named companies and individuals, that they are each responsible for the timely filing of the Schedule 13G and any amendments thereto and for the completeness and accuracy of the information concerning such persons contained therein. Dated: July 22, 2003 BAYSTAR CAPITAL II, L.P. By: Baystar Capital Management, LLC, its General Partner By: /s/ Steven Derby --------------------------------- Name: Steven Derby Title: Managing Member BAYSTAR CAPITAL MANAGEMENT, LLC By: /s/ Steven Derby --------------------------------- Name: Steven Derby Title: Managing Member /s/ Steven Derby ------------------------------------- Steven Derby /s/ Lawrence Goldfarb ------------------------------------- Lawrence Goldfarb /s/ Steven M. Lamar ------------------------------------- Steven M. Lamar -----END PRIVACY-ENHANCED MESSAGE-----