-----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, Qd/t5FJAedAYJi4garpKqnlJJCbHrcow9P63O+1Z9REkIqEskp8jWVNLPa2KaqMq pfk+kblujFlVRYUHs4VAYg== 0001019056-05-000968.txt : 20050909 0001019056-05-000968.hdr.sgml : 20050909 20050909095623 ACCESSION NUMBER: 0001019056-05-000968 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050909 DATE AS OF CHANGE: 20050909 GROUP MEMBERS: COLUMBIA AVENUE CAPITAL, LLC GROUP MEMBERS: KENNETH H. SHUBIN STEIN, MD, CFA GROUP MEMBERS: SPENCER CAPITAL MANAGEMENT, LLC GROUP MEMBERS: SPENCER CAPITAL OFFSHORE OPPORTUNITY FUND, LTD. GROUP MEMBERS: SPENCER CAPITAL OFFSHORE PARTNERS, LLC GROUP MEMBERS: SPENCER CAPITAL OPPORTUNITY FUND, LP GROUP MEMBERS: SPENCER CAPITAL PARTNERS, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTRADO INC CENTRAL INDEX KEY: 0000924505 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 840796285 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-54709 FILM NUMBER: 051076604 BUSINESS ADDRESS: STREET 1: 1601 DRY CREEK DRIVE CITY: BOULDER STATE: CO ZIP: 80503 MAIL ADDRESS: STREET 1: 1601 DRY CREEK DRIVE CITY: LONGMONT STATE: CO ZIP: 80503 FORMER COMPANY: FORMER CONFORMED NAME: SCC COMMUNICATIONS CORP DATE OF NAME CHANGE: 19980408 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Spencer Capital Management, LLC CENTRAL INDEX KEY: 0001311910 IRS NUMBER: 820581852 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 200 W. 57TH STREET, SUITE 602 CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-586-4198 MAIL ADDRESS: STREET 1: 200 W. 57TH STREET, SUITE 602 CITY: NEW YORK STATE: NY ZIP: 10019 SC 13D 1 intrado_13d.txt SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. _________)* Intrado, Inc. ---------------- (Name of Issuer) Common Stock, par value $.01 per share -------------------------------------- (Title of Class of Securities) 46117A100 -------------- (CUSIP Number) Spencer Capital Management, LLC 1995 Broadway, Suite 1801 New York, New York 10023 Attention: Kenneth H. Shubin Stein, MD, CFA Telephone: (212) 586-4190 ------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 30, 2005 ------------------------------------------------------- (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 that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 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 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 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 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.) Page 1 of 14 Pages CUSIP No.: 46117A100 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Kenneth H. Shubin Stein, MD, CFA - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 946,596 SHARES -------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER 946,596 REPORTING -------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 946,596 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.33% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- Page 2 of 14 Pages CUSIP No.: 46117A100 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Spencer Capital Management, LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 881,446 SHARES -------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER 881,446 REPORTING -------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 881,446 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.97% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON HC - -------------------------------------------------------------------------------- Page 3 of 14 Pages CUSIP No.: 46117A100 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Spencer Capital Opportunity Fund, LP - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 491,367 SHARES -------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER 491,367 REPORTING -------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 491,367 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.77% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- Page 4 of 14 Pages CUSIP No.: 46117A100 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Spencer Capital Partners, LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 491,367 SHARES -------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER 491,367 REPORTING -------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 491,367 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.77% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON HC - -------------------------------------------------------------------------------- Page 5 of 14 Pages CUSIP No.: 46117A100 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Spencer Capital Offshore Opportunity Fund, Ltd. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 390,079 SHARES -------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER 390,079 REPORTING -------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 390,079 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.19% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- Page 6 of 14 Pages CUSIP No.: 46117A100 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Spencer Capital Offshore Partners, LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 390,079 SHARES -------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER 390,079 REPORTING -------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 390,079 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.19% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON HC - -------------------------------------------------------------------------------- Page 7 of 14 Pages CUSIP No.: 46117A100 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Columbia Avenue Capital LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Oklahoma - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 65,150 SHARES -------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER 65,150 REPORTING -------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 65,150 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.37% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON HC - -------------------------------------------------------------------------------- Page 8 of 14 Pages Item 1. Security and Issuer. The class of equity securities to which this Statement on Schedule 13D (this "Statement") relates is the common stock, par value $0.01 per share (the "Common Stock"), of Intrado, Inc., a Delaware corporation (the "Company"), with its principal executive offices located at 1601 Dry Creek Drive, Longmont, Colorado 80503. Item 2. Identity and Background. (a) The names of the person filing this statement (the "Statement") are Kenneth H. Shubin Stein, MD, CFA, Spencer Capital Management, LLC, a Delaware limited liability company ("SCM"), Spencer Capital Partners, LLC, a Delaware limited liability company ("SCP"), Spencer Capital Opportunity Fund, LP, a Delaware limited partnership ("SCF"), Spencer Capital Offshore Opportunity Fund Ltd., a Cayman Islands exempted company ("SCOF"), Spencer Capital Offshore Partners, LLC, a Delaware limited liability company ("SCOP") and Columbia Avenue Capital LLC, an Oklahoma limited liability company ("CAC") (collectively, the "Filers"). (b)-(c) SCM is an investment management firm and is the investment manager of SCF and SCOF. The address of SCM's principal business and principal office is 1995 Broadway, Suite 1801, New York, New York 10023. SCF is a Delaware private investment partnership. The address of SCF's principal business and principal office is 1995 Broadway, Suite 1801, New York, New York 10023. SCP serves as the general partner of SCF. The address of SCP's principal business and principal office is 1995 Broadway, Suite 1801, New York, New York 10023. SCOF is a Cayman Islands exempted company which invests in securities. The address of SCOF's principal business and principal office is c/o Walkers SPV Ltd., P.O. Box 908 GT, Walkers House, Mary Street, George Town, Cayman Islands. SCOP serves as the management company of SCOF. The address of SCOP's principal business and principal office is 1995 Broadway, Suite 1801, New York, New York 10023. CAC is a pooled investment vehicle. The address of CAC's principal business and principal office is 415 South Boston Avenue, 9th Floor, Tulsa, Oklahoma 74103. Dr. Shubin Stein is the controlling person of SCM, SCF, SCP, SCOP and SCOF and a portfolio manager for CAC. Dr. Shubin Stein's business address is 1995 Broadway, Suite 1801, New York, New York 10023. (d)-(e) During the last five years, none of the Filers have been (a) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (b) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Page 9 of 14 Pages (f) Kenneth H. Shubin Stein, MD, CFA, is a citizen and resident of the United States. Item 3. Source and Amount of Funds or Other Consideration Of the 946,596 shares of Common Stock to which this Statement relates, the details of each transaction are set forth on Schedule I hereto. The Filers purchased the Common Stock with working capital, which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business. The Filers effect purchases of securities primarily through margin accounts maintained for them with Goldman, Sachs & Co. (the "Prime Broker") which may extend margin credit to the Filers as and when required to open or carry positions in the margin accounts, subject to applicable federal margin regulations, stock exchange rules and the Prime Broker's credit policies. In such instances, the positions held in the margin accounts are pledged as collateral security for the repayment of debit balances in the accounts. Item 4. Purpose of Transaction. The purpose of the acquisition of the Common Stock is for investment, and the acquisitions of the Common Stock were made in the ordinary course of business and were not made for the purpose of acquiring control of the Company. Although no Filer has any specific plan or proposal to acquire or dispose of the Common Stock, consistent with its investment purpose, each Filer at any time and from time to time may acquire additional Common Stock or dispose of any or all of its Common Stock. In determining whether to purchase additional shares or to dispose of its shares, and in formulating any plan or proposal with respect to any transaction between the Filers and the Company, the Filers intend to consider and review various factors on a continuous basis, including the Company's financial condition, business and prospects, other developments concerning the Company, the reaction of the Company and its shareholders to the Filers' ownership of Common Stock, the price and availability of shares of Common Stock, other investment and business opportunities available to the Filers, developments with respect to the Filers' business, and general economic, monetary and stock market conditions. Also, consistent with the investment purpose, the Reporting Persons may engage in communications with one or more shareholders of the Company, including but not limited to Shamrock Capital Advisors, Inc. and its affiliates ("Shamrock"), one or more officers of the Company and/or one or more members of the board of directors of the Company and/or one or more representatives of the Company regarding the Company, including but not limited to its operations. The Reporting Persons may discuss ideas that, if effected may result in the transactions specified in paragraphs (a) through (j), inclusive, of the instructions to Item 4 of Schedule 13D, including but not limited to the acquisition by persons of additional Common Stock of the Company, an extraordinary corporate transaction involving the Company, and/or changes in the board of directors or management of the Company. By letter, dated August 31, Page 10 of 14 Pages 2005, a copy of which is filed herewith as Exhibit 1, Shamrock expressed its concern that the Company's Board of Directors had not followed the specific recommendations of Shamrock. The Filers support the views set forth by Shamrock in the August 31st letter attached hereto. Except to the extent the foregoing may be deemed a plan or proposal, none of the Filers have definite plans or proposals which relate to, or could result in, any of the matters referred to in Item 4 of Schedule 13D. The Reporting Persons may, at any time and from time to time, review or reconsider their position and/or change their purpose and/or formulate plans or proposals with respect to such matters, but has no present intention of doing so. Item 5. Interest in Securities of the Issuer. (a) As of the close of business on August 30, 2005: (i) Kenneth H. Shubin Stein, MD, CFA, was the beneficial owner of 946,596 shares of Common Stock, which constitute in the aggregate 5.33% of the outstanding shares of Common Stock; (ii) SCM was the beneficial owner of 881,446 shares of Common Stock, which constitute in the aggregate 4.97% of the outstanding shares of Common Stock; (iii) SCF and SCP were the beneficial owners of 491,367 shares of Common Stock, which constitute in the aggregate 2.77% of the outstanding shares of Common Stock; (iv) SCOF and SCOP were the beneficial owners of 390,079 shares of Common Stock, which constitute in the aggregate 2.19% of the outstanding shares of Common Stock; and (v) CAC was the beneficial owner of 65,150 shares of Common Stock, which constitutes in the aggregate 0.37% of the outstanding shares of Common Stock. The percentages set forth in this response assume that 17,732,039 shares of Common Stock were outstanding as of August 1, 2005, as represented by the Company on its Form 10-Q filed with the Securities and Exchange Commission on August 9, 2005. (b) Each of the above Filers has the sole power to vote or to direct the vote of, and the power to dispose or direct the disposition of the Common Stock as beneficially owned by such Filers. (c) Transactions in the Common Stock by the Filers effected, on the open market, in the last 60 days are described in Schedule I hereto, which Schedule is hereby incorporated by reference. (d) The Filers have the sole right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock owned by them. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. None of the Filers has any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect to any securities of the Company, including, but not limited to, transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees or profits, division of profits or loss, or the giving or withholding of proxies. Page 11 of 14 Pages Item 7. Material to be Filed as Exhibits. 1. Letter, dated August 31, 2005, from Shamrock to the Board of Directors to the Company. Page 12 of 14 Pages 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. September 8, 2005 /s/ KENNETH H. SHUBIN STEIN, MD, CFA ----------------------------------------- Kenneth H. Shubin Stein, MD, CFA, Authorized Signatory Page 13 of 14 Pages
SCHEDULE I Schedule of Transactions ------------------------ Party Type of Transaction Date Number of Shares Price per Share in $US* - ------------- ------------------------ ------------- --------------------- --------------------------- SCF Buy 07/06/05 17205 $14.8698 SCF Buy 07/07/05 1790 $14.9857 SCF Buy 07/07/05 4500 $15.1973 SCF Buy 07/08/05 5070 $15.1917 SCF Buy 07/08/05 37468 $15.216 SCF Buy 07/13/05 40518 $15.4665 SCF Buy 07/14/05 17250 $15.4963 SCF Buy 07/15/05 1313 $15.1938 SCF Buy 07/22/05 85230 $16.1969 SCF Buy 07/25/05 85200 $16.1839 SCF Buy 07/26/05 61344 $16.4936 SCF Buy 07/29/05 56810 $16.1421 SCF Sell 08/08/05 9721 $16.0821 SCF Sell 08/09/05 200 $16.07 SCF Buy 08/26/05 27850 $15.0107 SCF Buy 08/29/05 25719 $14.991 SCF Buy 08/30/05 34020 $15.14250 SCOF Buy 07/06/05 12795 $14.8698 SCOF Buy 07/07/05 1363 $14.9857 SCOF Buy 07/07/05 3500 $15.1973 SCOF Buy 07/08/05 3830 $15.1917 SCOF Buy 07/08/05 28532 $15.216 SCOF Buy 07/13/05 29582 $15.4665 SCOF Buy 07/14/05 12650 $15.4963 SCOF Buy 07/15/05 2600 $15.1938 SCOF Buy 07/22/05 64770 $16.1969 SCOF Buy 07/25/05 64800 $16.1839 SCOF Buy 07/26/05 46656 $16.4936 SCOF Buy 07/29/05 43190 $16.1421 SCOF Buy 08/15/05 2000 $15.2958 SCOF Buy 08/15/05 4747 $15.3289 SCOF Buy 08/15/05 453 $15.29 SCOF Buy 08/26/05 22150 $15.0107 SCOF Buy 08/29/05 20481 $14.991 SCOF Buy 08/30/05 25980 $15.14250 CAC Buy 07/06/05 30000 $14.8698 CAC Buy 07/07/05 3150 $14.9857 CAC Buy 07/07/05 8000 $15.1973 CAC Buy 07/08/05 24000 $15.216
* Excludes Brokerage Commissions Page 14 of 14 Pages -----END PRIVACY-ENHANCED MESSAGE-----