-----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, WDqbzVCDgJBXH+u4j07QjktRxKxajPr2vWeeSVXQCULWyRHo4xGqrK1mkVnnLz1K llyfFd7mnAlqEjbjDlfNuA== 0001144204-08-026101.txt : 20080505 0001144204-08-026101.hdr.sgml : 20080505 20080505165321 ACCESSION NUMBER: 0001144204-08-026101 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080505 DATE AS OF CHANGE: 20080505 GROUP MEMBERS: COMVEST III PARTNERS, LLC GROUP MEMBERS: MICHAEL S. FALK GROUP MEMBERS: ROBERT L. PRIDDY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AIRTRAN HOLDINGS INC CENTRAL INDEX KEY: 0000948846 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 582189551 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-49259 FILM NUMBER: 08803325 BUSINESS ADDRESS: STREET 1: 9955 AIRTRAN BLVD CITY: ORLANDO STATE: FL ZIP: 32827 BUSINESS PHONE: 4073185600 MAIL ADDRESS: STREET 1: 9955 AIRTRAN BLVD CITY: ORLANDO STATE: FL ZIP: 32827 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COMVEST INVESTMENT PARTNERS III, LP CENTRAL INDEX KEY: 0001398591 IRS NUMBER: 208834639 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: ONE NORTH CLEMATIS STREET STREET 2: SUITE 300 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 BUSINESS PHONE: 561-868-6060 MAIL ADDRESS: STREET 1: ONE NORTH CLEMATIS STREET STREET 2: SUITE 300 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 SC 13G 1 v112525_sc13g.htm
SECURITIES AND EXCHANGE COMMISSION
 
WASHINGTON, D. C. 20549
 
SCHEDULE 13G
 
AIRTRAN Holdings, Inc.
(Name of Issuer)
 
Common Stock, $.001 Par Value Per Share
(Title of Class of Securities)
 
00949P108
(CUSIP Number of Class of Securities)
 
April 25, 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:

 
o
RULE 13d-1(b)
 
x
RULE 13d-1(c)
 
o
RULE 13d-1(d)



CUSIP No. 00949P108
 
Page 2 of 8 Pages
     
1
Name of Reporting PersonI.R.S. Identification No. of Above Person
 
     
 
ComVest Investment Partners III, L.P. 
 
2
Check the Appropriate Box if Member of a Group (See Instructions)
 
   
(a) o
   
(b) x
3
SEC Use Only
 
     
     
4
Citizenship or Place of Organization:
 
     
 
Delaware 
 
 
5
Sole Voting Power:
   
 
   
0
Number of
6
Shared Voting Power:
Shares
 
 
Beneficially
 
6,131,458 Shares
Owned by
7
Sole Dispositive Power:
Each Reporting
 
 
Person With
 
0
 
8
Shared Dispositive Power:
     
   
6,131,458 Shares
9
Aggregate Amount Beneficially Owned by Each Reporting Person:
 
     
 
6,131,458 Shares 
 
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
     
   
o
11
Percent of Class Represented by Amount in Row (9):
 
     
 
5.3% of Common Stock  
 
12
Type of Reporting Person (See Instructions)
 
     
 
OO 
 



CUSIP No. 00949P108
 
Page 3 of 8 Pages
     
1
Name of Reporting PersonI.R.S. Identification No. of Above Person
 
     
 
ComVest III Partners, LLC
 
2
Check the Appropriate Box if Member of a Group (See Instructions)
 
   
(a) o
   
(b) x
3
SEC Use Only
 
     
     
4
Citizenship or Place of Organization:
 
     
 
Delaware 
 
 
5
Sole Voting Power:
   
 
   
0
Number of
6
Shared Voting Power:
Shares
 
 
Beneficially
 
6,131,458 Shares
Owned by
7
Sole Dispositive Power:
Each Reporting
 
 
Person With
 
0
 
8
Shared Dispositive Power:
     
   
6,131,458 Shares
9
Aggregate Amount Beneficially Owned by Each Reporting Person:
 
     
 
6,131,458 Shares 
 
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
     
   
o
11
Percent of Class Represented by Amount in Row (9):
 
     
 
5.3% of Common Stock  
 
12
Type of Reporting Person (See Instructions)
 
     
 
OO 
 



CUSIP No. 00949P108
 
Page 4 of 8 Pages
     
1
Name of Reporting PersonI.R.S. Identification No. of Above Person
 
     
 
Robert L. Priddy
 
2
Check the Appropriate Box if Member of a Group (See Instructions)
 
   
(a) o
   
(b) x
3
SEC Use Only
 
     
     
4
Citizenship or Place of Organization:
 
     
 
Delaware 
 
 
5
Sole Voting Power:
   
 
   
800,000
Number of
6
Shared Voting Power:
Shares
 
 
Beneficially
 
6,131,458 Shares
Owned by
7
Sole Dispositive Power:
Each Reporting
 
 
Person With
 
800,000
 
8
Shared Dispositive Power:
     
   
6,131,458 Shares
9
Aggregate Amount Beneficially Owned by Each Reporting Person:
 
     
 
6,931,458 Shares 
 
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
     
   
o
11
Percent of Class Represented by Amount in Row (9):
 
     
 
5.99% of Common Stock  
 
12
Type of Reporting Person (See Instructions)
 
     
 
OO 
 



CUSIP No. 00949P108
 
Page 5 of 8 Pages
     
1
Name of Reporting PersonI.R.S. Identification No. of Above Person
 
     
 
Michael S. Falk
 
2
Check the Appropriate Box if Member of a Group (See Instructions)
 
   
(a) o
   
(b) x
3
SEC Use Only
 
     
     
4
Citizenship or Place of Organization:
 
     
 
Delaware 
 
 
5
Sole Voting Power:
   
 
   
0
Number of
6
Shared Voting Power:
Shares
 
 
Beneficially
 
6,131,458 Shares
Owned by
7
Sole Dispositive Power:
Each Reporting
 
 
Person With
 
0
 
8
Shared Dispositive Power:
     
   
6,131,458 Shares
9
Aggregate Amount Beneficially Owned by Each Reporting Person:
 
     
 
6,131,458 Shares 
 
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
     
   
o
11
Percent of Class Represented by Amount in Row (9):
 
     
 
5.3% of Common Stock
 
12
Type of Reporting Person (See Instructions)
 
     
 
IN
 



CUSIP No. 00949P108
 
Page 6 of 8 Pages
 
ITEM 1(a). Name of Issuer:

AIRTRAN Holdings, Inc..
 
ITEM 1(b). Address of Issuer's Principal Executive Offices:

9955 Airtran Blvd., Orlando, Florida 32827

  
ITEM 2(a). Names of Persons Filing:

ComVest Investment Partners III, L.P. ("ComVest")

ComVest III Partners, LLC ("LLC")

Robert L. Priddy

Michael S. Falk


ITEM 2(b). Address of Principal Business Office or, if None, Residence:
One North Clematis Street, Suite 300, West Palm Beach, Florida 33401

 
ITEM 2(c). Citizenship:

Each of ComVest and LLC are Delaware entities.

Each of Robert L. Priddy and Michael S. Falk are U.S. citizens.

 
ITEM 2(d). Title of Class of Securities:
Common Stock, $.001 Par Value Per Share

 
ITEM 2(e). CUSIP Number: 00949P108
 
ITEM 3. If this Statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is:
 
This Statement is being filed pursuant to Rule 13d-1(c).
 
ITEM 4. Ownership:
(a) Amount beneficially owned by all reporting persons: 6,931,458 Shares



CUSIP No. 00949P108
 
Page 7 of 8 Pages
 
(b) Percent of class: 5.99% of Common Stock
(c) Number of shares as to which the reporting persons have:

 
(i)
sole power to vote or to direct the vote: 800,000 Shares
 
(ii)
shared power to vote or to direct the vote: 6,131,458 Shares
 
(iii)
sole power to dispose or to direct the disposition: 800,000 Shares
 
(iv)
shared power to dispose or to direct the disposition: 6,131,458 Shares

ITEM 5. Ownership of five percent or less of a class.

If this statement is being filed to reflect the fact that as of the date hereof the reporting person has ceased to be the owner of more than five percent of the class of securities, check the following: [ ].
 
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.
The reporting persons are a group for purposes of filing this Schedule 13G. See Exhibit 1 attached hereto.
 
ITEM 9. Notice of dissolution of group.
Not applicable.
 
ITEM 10. Certifications.
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 or as a participant in any transaction having that purpose or effect.



CUSIP No. 00949P108
 
Page 8 of 8 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.
 
Dated: May 5, 2008
     
 
ComVest Investment Partners III, LP
 
 
 
 
 
 
By:   ComVest III Partners, LLC,
 
its general partner
     
     
By:   /s/ Cecilio M. Rodriguez
 
Cecilio M. Rodriguez, CFO
   
     
  ComVest III Partners, LLC
 
 
 
 
 
 
By:   /s/ Cecilio M. Rodriguez
 
Name: Cecilio M. Rodriguez
  Title: Treasurer
   
     
By:   /s/ Michael S. Falk     
 
Michael S. Falk, individually
   
     
By:   /s/ Robert L. Priddy      
 
Robert L. Priddy, individually
 

 
Exhibit 1
 
The name of the Reporting Person is ComVest Investment Partners III, LP, a Delaware limited partnership (“ComVest”). ComVest III Partners, LLC is a Delaware limited liability company and is its general partner. The managing members of ComVest III Partners, LLC are Michael Falk and Robert L. Priddy.


 
JOINT FILING AGREEMENT
 
The undersigned hereby consent to the joint filing by any of them of a Statement on Schedule 13G and any amendments thereto, whether heretofore or hereafter filed, relating to the securities of AIRTRAN Holdings, Inc. and hereby affirm that this Schedule 13G is being filed on behalf of each of the undersigned.
 
Dated: May 5, 2008
     
 
ComVest Investment Partners III, LP
 
 
 
 
 
 
By:   ComVest III Partners, LLC,
 
its general partner
     
     
By:   /s/ Cecilio M. Rodriguez
 
Cecilio M. Rodriguez, CFO
   
     
  ComVest III Partners, LLC
 
 
 
 
 
 
By:   /s/ Cecilio M. Rodriguez
 
Name: Cecilio M. Rodriguez
  Title: Treasurer
   
     
By:   /s/ Michael S. Falk     
 
Michael S. Falk, individually
   
     
By:   /s/ Robert L. Priddy      
 
Robert L. Priddy, individually
 

 
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