-----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, DUY+lu5cqkUJ2faRLFQnB1bj3HHeRwTxqMxGjVD3TwAq/xZYJ0v15zjnJQvfhJ0E KXiAyOt+CQ3FwUYpcXMgug== 0000919574-04-001342.txt : 20040429 0000919574-04-001342.hdr.sgml : 20040429 20040429112537 ACCESSION NUMBER: 0000919574-04-001342 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040429 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CHEN HERBERT CENTRAL INDEX KEY: 0001026377 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O CHEN CAPITAL PARTNERS LP STREET 2: 237 PARK AVE 9TH FL CITY: NEW YORK STATE: NY ZIP: 10017 MAIL ADDRESS: STREET 1: C/O CHEN CAPITAL PARTNERS LP STREET 2: 237 PARK AVE 9TH FL CITY: NEW YORK STATE: NY ZIP: 10017 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TRANSWITCH CORP /DE CENTRAL INDEX KEY: 0000944739 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 061236189 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49087 FILM NUMBER: 04763170 BUSINESS ADDRESS: STREET 1: THREE ENTERPRISE DRIVE CITY: SHELTON STATE: CT ZIP: 06484 BUSINESS PHONE: 2039298810 MAIL ADDRESS: STREET 1: THREE ENTERPRISE DRIVE CITY: SHELTON STATE: CT ZIP: 06484 SC 13D/A 1 d481693_13d-a.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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. 3)(1) Transwitch Corp. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.0001 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 894065101 - -------------------------------------------------------------------------------- (CUSIP Number) Herbert Chen 237 Park Avenue, 9th Floor New York, New York 10017 ----------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 23, 2004 ----------------------------------------------------------------------------- (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 for other parties to whom copies are to be sent. - ---------- (1) 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). CUSIP No. 894065101 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Herbert Chen 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 ITEMS 2(d) OR 2(e) [_] 6. CITIZENSHIP OR PLACE OF ORGANIZATION New York NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON 7. SOLE VOTING POWER 5,548,577 8. SHARED VOTING POWER 0 9. SOLE DISPOSITIVE POWER 5,548,577 10. SHARED DISPOSITIVE POWER 0 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,548,577 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.1% 14. TYPE OF REPORTING PERSON IN CUSIP No. 894065101 --------------------- - -------------------------------------------------------------------------------- Item 1. Security and Issuer. No change. - -------------------------------------------------------------------------------- Item 2. Identity and Background. (a-c,f) No change. (d) No change. (e) No change. - -------------------------------------------------------------------------------- Item 3. Source and Amount of Funds or Other Consideration. As of the date hereof, the Reporting Person may be deemed to beneficially own 5,548,577 shares. The source of funds used to purchase the securities reported herein was the Reporting Person and the Partnership's working capital. No borrowed funds were used to purchase the Shares, other than any borrowed funds used for working capital purposes in the ordinary course of business. - -------------------------------------------------------------------------------- Item 4. Purpose of Transaction. No change. - -------------------------------------------------------------------------------- Item 5. Interest in Securities of the Issuer. As of the date hereof, Herbert Chen may be deemed to be the beneficial owner of 5,548,577 Shares, or 6.1% of the shares of the Issuer, based upon the 91,050,247 Shares outstanding as of March 22, 2004, according to the Issuer's Form F-3 filed with the Securities and Exchange Commission on April 6, 2004. Herbert Chen shares the power to vote or direct the vote of 0 Shares to which this filing relates. Herbert Chen has the sole power to vote or direct the vote of 5,548,577 Shares to which this filing relates. Herbert Chen shares the power to dispose or direct the disposition of 0 shares to which this filing relates. Herbert Chen has the sole power to dispose or direct the disposition of 5,548,577 shares to which this filing relates. The 5,548,577 shares over which Herbert Chen has sole power to vote, direct the vote, dispose or direct the disposition of are held separately by the Partnership, Herbert Chen's personal trading account and IRA account. The trading dates, number of shares purchased and sold and price per share for all transactions by the Reporting Person in the Shares within 60 days of the date of the event which requires this filing are set forth in Schedule A and were all effected in broker transactions. - -------------------------------------------------------------------------------- Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. No change. - -------------------------------------------------------------------------------- Item 7. Material to be Filed as Exhibits. Exhibit A: Schedule of Transactions in the Shares of the Issuer - -------------------------------------------------------------------------------- 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. April 29, 2004 ---------------------------------------- (Date) Herbert Chen (2) ---------------------------------------- Herbert Chen Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). (2) The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein. Exhibit A Transactions in the Shares Number of Shares Price Date of Transaction Purchased/(SOLD) of Shares - ------------------- ---------------- --------- Chen Capital Partners, LP Main Account: 02-Mar-04 (25,000) $2.7323 05-Mar-04 76,500 $2.7650 22-Mar-04 (70,000) $2.4230 23-Mar-04 (35,000) $2.3887 25-Mar-04 14,000 $2.3765 29-Mar-04 (95,000) $2.3380 05-Apr-04 11,000 $2.6457 06-Apr-04 35,000 $2.6184 07-Apr-04 150,000 $2.9969 16-Apr-04 (48,389) $2.3065 19-Apr-04 (4,000) $2.2921 20-Apr-04 (177,534) $2.1431 21-Apr-04 (500,000) $1.8500 Personal IRA Account: 26-Feb-04 10,000 $2.7625 04-Mar-04 5,000 $2.7143 02-Apr-04 (13,011) $2.5624 02-Apr-04 11 $2.6700 08-Apr-04 10,000 $2.7781 20-Apr-04 500 $2.0800 Personal Account 05-Mar-04 103,500 $2.7650 12-Mar-04 (40,000) $2.5685 19-Mar-04 (52,800) $2.4698 23-Mar-04 (7,200) $2.3887 23-Mar-04 7,200 $2.3600 26-Mar-04 5,000 $2.3380 29-Mar-04 2,500 $2.3400 01-Apr-04 (3,380) $2.3306 01-Apr-04 13,380 $2.3570 02-Apr-04 10,300 $2.6500 05-Apr-04 65,000 $2.6457 06-Apr-04 140,000 $2.8407 15-Apr-04 3,350 $1.4943 19-Apr-04 (8,500) $2.2921 20-Apr-04 (90,000) $2.1431 21-Apr-04 (271,765) $2.0141 21-Apr-04 10,000 $1.9624 23-Apr-04 (150,085) $1.9599 01127.0001 #481693 -----END PRIVACY-ENHANCED MESSAGE-----