-----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, Ru4o17o6SE+6V2z3fz1W5q7rwEAsf7o6YCKQblmFB8z1olwD9K+lpE5BnH2OEnwJ x7IRhmjztFRk7pfsDCt0pg== 0000902664-97-000147.txt : 19970401 0000902664-97-000147.hdr.sgml : 19970401 ACCESSION NUMBER: 0000902664-97-000147 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970331 SROS: NASD GROUP MEMBERS: JEFFREY N. VINIK GROUP MEMBERS: MARK D. HOSTETTER GROUP MEMBERS: MICHAEL S. GORDON GROUP MEMBERS: VGH PARTNERS L L C GROUP MEMBERS: VGH PARTNERS, L.L.C. GROUP MEMBERS: VINIK ASSET MANAGEMENT, L.L.C. GROUP MEMBERS: VINIK ASSET MANAGEMENT, L.P. GROUP MEMBERS: VINIK PARTNERS, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: APPLIED VOICE TECHNOLOGY INC /WA/ CENTRAL INDEX KEY: 0000931784 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 911190085 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43497 FILM NUMBER: 97571907 BUSINESS ADDRESS: STREET 1: 11410 NE 122ND WAY CITY: KIRKLAND STATE: WA ZIP: 98034 BUSINESS PHONE: 2068206000 MAIL ADDRESS: STREET 1: 11410 NE 122ND WAY CITY: KIRKLAND STATE: WA ZIP: 98034 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VGH PARTNERS L L C CENTRAL INDEX KEY: 0001027145 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 260 FRANKLIN STREET CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6172045400 MAIL ADDRESS: STREET 1: 260 FRANKLIN STREET CITY: BOSTON STATE: MA ZIP: 02110 SC 13D/A 1 AMENDMENT NO. 1 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ SCHEDULE 13D (Amendment No. 1) Under the Securities Exchange Act of 1934 Applied Voice Technology, Inc. (Name of Issuer) Common Stock, Par Value $.01 (Title of Class of Securities) 03828M105 (CUSIP Number) Peter A. Nussbaum, Esq. Schulte Roth & Zabel LLP 900 Third Avenue New York, New York 10022 (212) 756-2000 (Name, address and telephone number of person authorized to receive notices and communications) March 27, 1997 (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(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with the statement [ ]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) NOTE: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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 purposes 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). SCHEDULE 13D/A CUSIP No. 03828M105 Page 2 of 14 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON VGH Partners, L.L.C. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A (a) [x] GROUP* (b) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS* WC OO 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS [ ] IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF 7 SOLE VOTING POWER SHARES 0 BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 94,800 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH 10 SHARED DISPOSITIVE POWER 94,800 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 94,800 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) [ ] EXCLUDES CERTAIN SHARES* 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.7% 14 TYPE OF REPORTING PERSON* OO SCHEDULE 13D/A CUSIP No. 03828M105 Page 4 of 14 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Vinik Asset Management, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A (a) [x] GROUP* (b) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS* OO 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS [ ] IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF 7 SOLE VOTING POWER SHARES 0 BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 133,200 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH 10 SHARED DISPOSITIVE POWER 133,200 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 133,200 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) [ ] EXCLUDES CERTAIN SHARES* 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.4% 14 TYPE OF REPORTING PERSON* PN Page 10 of 14 Pages (iii) Messrs. Vinik, Gordon and Hostetter each directly owns no shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Act, each may be deemed to beneficially own the 94,800 shares beneficially owned by Vinik Partners, the 125,800 shares beneficially owned by Vinik Overseas, and the 7,400 shares beneficially owned by the Discretionary Account. Such shares total 228,000 shares of Common Stock, constituting approximately 4.0% of the shares outstanding. (iv) VGH owns directly no shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Act, VGH may be deemed to own beneficially the 94,800 shares beneficially owned by Vinik Partners, constituting approximately 1.7% of the shares outstanding. (v) VAM LLC owns directly no shares of Common Stock. By reasons of the provisions of Rule 13d-3 of the Act, VAM LLC may be deemed to own the 125,800 shares beneficially owned by Vinik Overseas and the 7,400 shares beneficially owned by the Discretionary Account. When the shares beneficially owned by Vinik Overseas and the Discretionary Account are aggregated they total 133,200 shares of Common Stock, constituting approximately 2.4% of the shares outstanding. (vi) In the aggregate, the Reporting Persons beneficially own a total of 228,000 shares of Common Stock, constituting approximately 4.0% of the shares outstanding. * * * The following paragraph of Item 5 is hereby supplemented as follows: ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (c) The trading dates, number of shares of Common Stock purchased or sold and price per share for all transactions in the Common Stock since those reported in Schedule 13D until March 27, 1997 by Vinik Partners and by VAM LP, on behalf of Vinik Overseas and the Discretionary Account, are set forth in Schedules A, B and C. * * * The following paragraph is hereby added to Item 5: ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (e) As of March 13, 1997 the Reporting Persons ceased to be the beneficial owners of more than five percent of the Company's Common Stock. Page 11 of 14 Pages SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. DATED: March 31, 1997 /s/ Jeffrey N. Vinik, JEFFREY N. VINIK, individually and as senior managing member of VGH Partners, L.L.C., on behalf of VINIK PARTNERS, L.P. /s/ Jeffrey N. Vinik Jeffrey N. Vinik, as senior managing member of Vinik Asset Management, L.L.C., on behalf of VINIK ASSET MANAGEMENT, L.P. /s/ Jeffrey N. Vinik Jeffrey N. Vinik, as senior managing member of VGH PARTNERS, L.L.C. and VINIK ASSET MANAGEMENT, L.L.C. /s/ Michael S. Gordon, individually MICHAEL S. GORDON /s/ Mark D. Hostetter, individually MARK D. HOSTETTER Page 12 of 14 Pages Schedule A Vinik Partners, L.P. Transactions in the Common Stock Price Per Share Date of Number of (including Transaction Shares Purchased/(Sold) Commissions, if any) __________________________________________________________________________ 03/11/97 (1,300) $16.0340 03/12/97 (6,200) $15.7495 03/14/97 (10,600) $14.1095 03/17/97 (4,100) $13.1871 03/27/97 (4,000) $13.0000 Page 13 of 14 Pages Schedule B Vinik Asset Management, L.P. on behalf of Vinik Overseas Fund, Ltd. Transactions in the Common Stock Price Per Share Date of Number of (including Transaction Shares Purchased/(Sold) Commissions, if any) __________________________________________________________________________ 03/11/97 (1,600) $16.0340 03/12/97 (8,300) $15.7495 03/14/97 (14,000) $14.1095 03/17/97 (5,500) $13.1871 03/27/97 (5,300) $13.0000 Page 14 of 14 Pages Schedule C Vinik Asset Management, L.P. on behalf of the Discretionary Account Transactions in the Common Stock Price Per Share Date of Number of (including Transaction Shares Purchased/(Sold) Commissions, if any) __________________________________________________________________________ 03/11/97 (100) $16.0340 03/12/97 (500) $15.7495 03/14/97 (900) $14.1095 03/17/97 (400) $13.1871 03/27/97 (400) $13.0000 -----END PRIVACY-ENHANCED MESSAGE-----