-----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, N3cG2sQQ1H2pdiCCg5m+cPCIlu25nSKIlXM/vM8RQZlAIQ3Xpr9FkIcArufva+38 s+a2W/XVOIZbYaCoECDvwA== 0000950123-02-002463.txt : 20020415 0000950123-02-002463.hdr.sgml : 20020415 ACCESSION NUMBER: 0000950123-02-002463 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020313 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VODAVI TECHNOLOGY INC CENTRAL INDEX KEY: 0000949491 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 860789350 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-49332 FILM NUMBER: 02574261 BUSINESS ADDRESS: STREET 1: 8300 E RAINTREE DR CITY: SCOTTSDALE STATE: AZ ZIP: 85260 BUSINESS PHONE: 6024436000 MAIL ADDRESS: STREET 1: 8300 E. RAINTREE DRIVE STREET 2: 8300 E. RAINTREE DRIVE CITY: SCOTTSDALE STATE: AZ ZIP: 85260 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MORNINGSIDE VALUE INVESTORS LLC CENTRAL INDEX KEY: 0001164073 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 153 E. 53RD ST. STREET 2: 55TH FL. CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2125210974 MAIL ADDRESS: STREET 1: 153 E. 53RD ST. STREET 2: 55TH FL. CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G 1 y57112asc13g.txt SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (RULE 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) VODAVI TECHNOLOGY, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 92857V102 - -------------------------------------------------------------------------------- (CUSIP Number) Morningside Value Investors, LLC 153 East 53rd Street New York, New York 10022 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) - with copies to - Michael G. Tannenbaum, Esq. Tannenbaum Helpern Syracuse & Hirschtritt LLP 900 Third Avenue - 13th Floor New York, New York 10022 (212) 508-6700 February 8, 2002 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1-(b) [X] Rule 13d-1-(c) [ ] Rule 13d-1-(d) 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. - ------------------- ----------------- CUSIP No. 92857V102 13G Page 2 of 6 Pages - ------------------- ----------------- - -------------------------------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (entities only) Morningside Value Investors, LLC - IRS No. 13-4082842 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization: Delaware - -------------------------------------------------------------------------------- 5. Sole Voting Power Number of 243,500 Shares Shares ------------------------------------------------------------ 6. Shared Voting Power Beneficially 0 Owned by each ------------------------------------------------------------ 7. Sole Dispositive Power Reporting 243,500 Shares Person ------------------------------------------------------------ 8. Shared Dispositive Power With 0 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 243,500 Shares - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 5.75% of Common Stock - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- - ------------------- ----------------- CUSIP No. 92857V102 13G Page 3 of 6 Pages - ------------------- ----------------- ITEM 1(a). NAME OF ISSUER: Vodavi Technology, Inc. (the "Issuer") ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 8300 E. Raintree Drive Scottsdale, Arizona 85260 ITEM 2(a). NAME OF PERSON FILING: Morningside Value Investors, LLC ("Morningside") ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the reporting person is: 153 East 53(rd) Street, 55(th) Floor New York, New York 10022 ITEM 2(c). CITIZENSHIP: Delaware, USA ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock ITEM 2(e). CUSIP NUMBER: CUSIP No. 92857V102 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 A: - ------------------- ----------------- CUSIP No. 92857V102 13G Page 4 of 6 Pages - ------------------- ----------------- a. [ ] Broker or dealer registered under Section 15 of the Act, b. [ ] Bank as defined in Section 3(a)(6) of the Act, c. [ ] Insurance Company as defined in Section 3(a)(19) of the Act, d. [ ] Investment Company registered under Section 8 of the Investment Company Act, e. [ ] Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E), f. [ ] Employee Benefit Plan, or Endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F), g. [ ] Parent Holding Company or Control Person, in accordance with Rule 13d-1(b)(ii)(G); (Note: see Item 7) h. [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); i. [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940; j. [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). ITEM 4. OWNERSHIP: (A) AMOUNT BENEFICIALLY OWNED: As of March 12, 2002, 243,500 shares of the Issuer were beneficially owned by The Hummingbird Value Fund, L.P., of which Morningside is the Investment Manager. Accordingly, Morningside may have attributed to it, for purposes of Rule 13d-3 promulgated under the Securities Exchange Act of 1934, as amended, the beneficial ownership of the aggregate amount of 243,500 shares of the Issuer. However, Morningside disclaims any beneficial ownership of the shares covered by this statement inasmuch as it has no pecuniary interest in the shares. (B) PERCENT OF CLASS: 5.75% (calculated based on 4,234,788 shares outstanding as of December 31, 2001). (C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: (I) SOLE POWER TO VOTE OR TO DIRECT THE VOTE: 243,500 Shares (II) SHARED POWER TO VOTE OR DIRECT THE VOTE: 0 - ------------------- ----------------- CUSIP No. 92857V102 13G Page 5 of 6 Pages - ------------------- ----------------- (III) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF: 243,500 Shares (IV) SHARED POWER TO DISPOSE OR DIRECT THE DISPOSITION OF: 0 ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial 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 OR CONTROLLED PERSON: Not applicable ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not applicable ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not applicable - ------------------- ----------------- CUSIP No. 92857V102 13G Page 6 of 6 Pages - ------------------- ----------------- ITEM 10. CERTIFICATION: 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 with or as a participant in any transaction having that purpose or effect. 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. March 12, 2002 - --------------------------------------- DATE /s/ Paul D. Sonkin - --------------------------------------- SIGNATURE Paul D. Sonkin, Managing Member - --------------------------------------- NAME/TITLE -----END PRIVACY-ENHANCED MESSAGE-----