0001181431-12-052256.txt : 20120928 0001181431-12-052256.hdr.sgml : 20120928 20120928115620 ACCESSION NUMBER: 0001181431-12-052256 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20120926 FILED AS OF DATE: 20120928 DATE AS OF CHANGE: 20120928 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Becker Steven R CENTRAL INDEX KEY: 0001349005 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30269 FILM NUMBER: 121115276 MAIL ADDRESS: STREET 1: 500 CRESCENT COURT STREET 2: SUITE 230 CITY: DALLAS STATE: TX ZIP: 75201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Drapkin Matthew A CENTRAL INDEX KEY: 0001458693 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30269 FILM NUMBER: 121115281 MAIL ADDRESS: STREET 1: 500 CRESCENT COURT STREET 2: SUITE 230 CITY: DALLAS STATE: TX ZIP: 75201 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PIXELWORKS, INC CENTRAL INDEX KEY: 0001040161 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 911761992 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 224 AIRPORT PARKWAY STREET 2: SUITE 400 CITY: SAN JOSE STATE: CA ZIP: 95110 BUSINESS PHONE: 408-200-9200 MAIL ADDRESS: STREET 1: 224 AIRPORT PARKWAY STREET 2: SUITE 400 CITY: SAN JOSE STATE: CA ZIP: 95110 FORMER COMPANY: FORMER CONFORMED NAME: PIXELWORKS INC DATE OF NAME CHANGE: 20000210 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Becker Drapkin Management, L.P. CENTRAL INDEX KEY: 0001346543 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30269 FILM NUMBER: 121115282 BUSINESS ADDRESS: STREET 1: 500 CRESCENT COURT STREET 2: SUITE 230 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: (214) 756-6016 MAIL ADDRESS: STREET 1: 500 CRESCENT COURT STREET 2: SUITE 230 CITY: DALLAS STATE: TX ZIP: 75201 FORMER NAME: FORMER CONFORMED NAME: SRB Management, L.P. DATE OF NAME CHANGE: 20051209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BC Advisors LLC CENTRAL INDEX KEY: 0001349003 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30269 FILM NUMBER: 121115277 BUSINESS ADDRESS: STREET 1: 500 CRESCENT COURT STREET 2: SUITE 230 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: (214) 756-6016 MAIL ADDRESS: STREET 1: 500 CRESCENT COURT STREET 2: SUITE 230 CITY: DALLAS STATE: TX ZIP: 75201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BECKER DRAPKIN PARTNERS, L.P. CENTRAL INDEX KEY: 0001451721 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30269 FILM NUMBER: 121115279 BUSINESS ADDRESS: STREET 1: 500 CRESCENT COURT STREET 2: SUITE 230 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: (214) 756-6016 MAIL ADDRESS: STREET 1: 500 CRESCENT COURT STREET 2: SUITE 230 CITY: DALLAS STATE: TX ZIP: 75201 FORMER NAME: FORMER CONFORMED NAME: SRB GREENWAY OPPORTUNITY FUND LP DATE OF NAME CHANGE: 20081209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BECKER DRAPKIN PARTNERS (QP), L.P. CENTRAL INDEX KEY: 0001451722 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30269 FILM NUMBER: 121115280 BUSINESS ADDRESS: STREET 1: 500 CRESCENT COURT STREET 2: SUITE 230 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: (214) 756-6016 MAIL ADDRESS: STREET 1: 500 CRESCENT COURT STREET 2: SUITE 230 CITY: DALLAS STATE: TX ZIP: 75201 FORMER NAME: FORMER CONFORMED NAME: SRB GREENWAY OPPORTUNITY FUND (QP) LP DATE OF NAME CHANGE: 20081209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BD Partners IV, L.P. CENTRAL INDEX KEY: 0001537019 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30269 FILM NUMBER: 121115278 BUSINESS ADDRESS: STREET 1: 500 CRESCENT COURT STREET 2: SUITE 230 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: (214) 756-6016 MAIL ADDRESS: STREET 1: 500 CRESCENT COURT STREET 2: SUITE 230 CITY: DALLAS STATE: TX ZIP: 75201 4 1 rrd357053.xml FORM 4 X0306 4 2012-09-26 0 0001040161 PIXELWORKS, INC PXLW 0001346543 Becker Drapkin Management, L.P. 500 CRESCENT COURT, SUITE 230 DALLAS TX 75201 0 0 1 0 0001451722 BECKER DRAPKIN PARTNERS (QP), L.P. 500 CRESCENT COURT, SUITE 230 DALLAS TX 75201 0 0 1 0 0001451721 BECKER DRAPKIN PARTNERS, L.P. 500 CRESCENT COURT, SUITE 230 DALLAS TX 75201 0 0 1 0 0001537019 BD Partners IV, L.P. 500 CRESCENT COURT SUITE 230 DALLAS TX 75201 0 0 1 0 0001349003 BC Advisors LLC 500 CRESCENT COURT SUITE 230 DALLAS TX 75201 0 0 1 0 0001349005 Becker Steven R 500 CRESCENT COURT SUITE 230 DALLAS TX 75201 1 0 1 0 0001458693 Drapkin Matthew A 500 CRESCENT COURT SUITE 230 DALLAS TX 75201 0 0 1 0 Common Stock 2012-09-26 4 P 0 14101 2.8232 A 868647 I See Footnotes Common Stock 2012-09-27 4 P 0 8899 2.9959 A 877546 I See Footnotes Common Stock 1864485 I See Footnotes The purchases reported in this statement were effected pursuant to a Rule 10b5-1 trading plan adopted by BD Partners IV, L.P. ("BD Partners IV") on August 28, 2012. This statement is filed by and on behalf of each of Becker Drapkin Management, L.P. ("BD Management"), Becker Drapkin Partners (QP), L.P. ("QP Fund"), Becker Drapkin Partners, L.P. ("LP Fund"), BD Partners IV, BC Advisors, LLC ("BC Advisors"), Steven R. Becker and Matthew A. Drapkin. QP Fund, LP Fund, BD Partners IV and Mr. Becker are the direct beneficial owners of the securities covered by this statement. BD Management is the general partner of each of QP Fund, LP Fund and BD Partners IV and may be deemed to beneficially own securities owned by QP Fund, LP Fund and BD Partners IV. BC Advisors is the general partner of BD Management and may be deemed to beneficially own securities owned by BD Management. Mr. Becker and Mr. Drapkin are the co-managing members of BC Advisors and may be deemed to beneficially own securities owned by BC Advisors. Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act") or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities. Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the issuer or securities of the issuer. Represents shares directly beneficially owned by BD Partners IV. Represents (a) 1,616,216 shares directly beneficially owned by QP Fund, (b) 240,269 shares directly beneficially owned by LP Fund and (c) 8,000 shares directly beneficially owned by Mr. Becker. Exhibit Index Exhibit 99.1 - Signatures (filed herewith) Exhibit 99.2 - Joint Filer Information (furnished herewith) Exhibit 99.3 - Joint Filing Agreement (furnished herewith) See Exhibit 99.1 2012-09-28 EX-99.1 2 rrd320451_362182.htm SIGNATURES rrd320451_362182.html 
                                                                    EXHIBIT 99.1

                                   SIGNATURES

 Date:    September 28, 2012            BECKER DRAPKIN MANAGEMENT, L.P.

                                        By:    BC Advisors, LLC
                                        Its:   General Partner

                                        By:    /s/ Ashley Sekimoto
                                               ---------------------------------
                                        Name:  Ashley Sekimoto
                                        Title: Attorney-in-Fact

                                        BECKER DRAPKIN PARTNERS (QP), L.P.

                                        By:    Becker Drapkin Management, L.P.
                                        Its:   General Partner

                                        By:    BC Advisors, LLC
                                        Its:   General Partner

                                        By:    /s/ Ashley Sekimoto
                                               ---------------------------------
                                        Name:  Ashley Sekimoto
                                        Title: Attorney-in-Fact

                                        BECKER DRAPKIN PARTNERS, L.P.

                                        By:    Becker Drapkin Management, L.P.
                                        Its:   General Partner

                                        By:    BC Advisors, LLC
                                        Its:   General Partner

                                        By:    /s/ Ashley Sekimoto
                                               ---------------------------------
                                        Name:  Ashley Sekimoto
                                        Title: Attorney-in-Fact

                                        BD PARTNERS IV, L.P.

                                        By:    Becker Drapkin Management, L.P.
                                        Its:   General Partner

                                        By:    BC Advisors, LLC
                                        Its:   General Partner

                                        By:    /s/ Ashley Sekimoto
                                               ---------------------------------
                                        Name:  Ashley Sekimoto
                                        Title: Attorney-in-Fact

                                        BC ADVISORS, LLC

                                        By:    /s/ Ashley Sekimoto
                                               ---------------------------------
                                        Name:  Ashley Sekimoto
                                        Title: Attorney-in-Fact

                                        STEVEN R. BECKER

                                        /s/ Ashley Sekimoto
                                        ---------------------------------------
                                        Name:  Ashley Sekimoto
                                        Title: Attorney-in-Fact

                                        MATTHEW A. DRAPKIN

                                        /s/ Ashley Sekimoto
                                        ---------------------------------------
                                        Name:  Ashley Sekimoto
                                        Title: Attorney-in-Fact
EX-99.2 3 rrd320451_362185.htm JOINT FILER INFORMATION rrd320451_362185.html 
                                                                    EXHIBIT 99.2

                             JOINT FILER INFORMATION

                            Other Reporting Person(s)

1. BECKER DRAPKIN PARTNERS (QP), L.P.

                Item                         Information

Name:                               BECKER DRAPKIN PARTNERS (QP), L.P.

Address:                            500  Crescent  Court, Suite  230, Dallas, Texas
                                    75201

Designated Filer:                   Becker Drapkin Management, L.P.

Date of Event Requiring Statement   September 26, 2012
(Month/Day/Year):

Issuer Name and Ticker or Trading   Pixelworks, Inc. [PXLW]
Symbol:

Relationship of Reporting Person(s) 10% Owner
to Issuer:

If Amendment, Date Original Filed   Not Applicable
(Month/Day/Year):

Individual or Joint/Group Filing:   Form filed by More than One Reporting Person

Signature:                          By:    Becker Drapkin Management, L.P.
                                    Its:   General Partner

                                    By:    BC Advisors, LLC
                                    Its:   General Partner

                                    By:    /s/ Ashley Sekimoto
                                           -------------------------------------
                                    Name:  Ashley Sekimoto
                                    Title: Attorney-in-Fact
                                    Date:  September 28, 2012

2. BECKER DRAPKIN PARTNERS, L.P.


                Item                         Information

Name:                               BECKER DRAPKIN PARTNERS, L.P.

Address:                            500 Crescent Court, Suite 230, Dallas, Texas
                                    75201

Designated Filer:                   Becker Drapkin Management, L.P.

Date of Event Requiring Statement   September 26, 2012
(Month/Day/Year):

Issuer Name and Ticker or Trading   Pixelworks, Inc. [PXLW]
Symbol:

Relationship of Reporting Person(s) 10% Owner
to Issuer:

If Amendment, Date Original Filed   Not Applicable
(Month/Day/Year):

Individual or Joint/Group Filing:   Form filed by More than One Reporting Person

Signature:                          By:    Becker Drapkin Management, L.P.
                                    Its:   General Partner

                                    By:    BC Advisors, LLC
                                    Its:   General Partner

                                    By:    /s/ Ashley Sekimoto
                                           -------------------------------------
                                    Name:  Ashley Sekimoto
                                    Title: Attorney-in-Fact
                                    Date:  September 28, 2012

3. BD PARTNERS IV, L.P.

                Item                         Information

Name:                               BD PARTNERS IV, L.P.

Address:                            500 Crescent Court, Suite 230, Dallas, Texas
                                    75201

Designated Filer:                   Becker Drapkin Management, L.P.

Date of Event Requiring Statement   September 26, 2012
(Month/Day/Year):

Issuer Name and Ticker or Trading   Pixelworks, Inc. [PXLW]
Symbol:

Relationship of Reporting Person(s) 10% Owner
to Issuer:

If Amendment, Date Original Filed   Not Applicable
(Month/Day/Year):

Individual or Joint/Group Filing:   Form filed by More than One Reporting Person

Signature:                          By:    Becker Drapkin Management, L.P.
                                    Its:   General Partner

                                    By:    BC Advisors, LLC
                                    Its:   General Partner

                                    By:    /s/ Ashley Sekimoto
                                           -------------------------------------
                                    Name:  Ashley Sekimoto
                                    Title: Attorney-in-Fact
                                    Date:  September 28, 2012

4. BC ADVISORS, LLC

                Item                         Information

Name:                               BC ADVISORS, LLC

Address:                            500 Crescent Court, Suite 230, Dallas, Texas
                                    75201

Designated Filer:                   Becker Drapkin Management, L.P.

Date of Event Requiring Statement   September 26, 2012
(Month/Day/Year):

Issuer Name and Ticker or Trading   Pixelworks, Inc. [PXLW]
Symbol:

Relationship of Reporting Person(s) 10% Owner
to Issuer:

If Amendment, Date Original Filed   Not Applicable
(Month/Day/Year):

Individual or Joint/Group Filing:   Form filed by More than One Reporting Person

Signature:
                                    By:    /s/ Ashley Sekimoto
                                           -------------------------------------
                                    Name:  Ashley Sekimoto
                                    Title: Attorney-in-Fact
                                    Date:  September 28, 2012

5. STEVEN R. BECKER

               Item                          Information

Name:                               STEVEN R. BECKER

Address:                            500 Crescent Court, Suite 230, Dallas,
                                    Texas 75201

Designated Filer:                   Becker Drapkin Management, L.P.

Date of Event Requiring Statement   September 26, 2012
(Month/Day/Year):

Issuer Name and Ticker or Trading   Pixelworks, Inc. [PXLW]
Symbol:

Relationship of Reporting           Director and 10% Owner
Person(s) to Issuer:

If Amendment, Date Original Filed   Not Applicable
(Month/Day/Year):

Individual or Joint/Group Filing:   Form filed by More than One Reporting Person

Signature:
                                    By:    /s/ Ashley Sekimoto
                                           -------------------------------------
                                    Name:  Ashley Sekimoto
                                    Title: Attorney-in-Fact
                                    Date:  September 28, 2012

6. MATTHEW A. DRAPKIN

               Item                          Information

Name:                               MATTHEW A. DRAPKIN

Address:                            500 Crescent Court, Suite 230,
                                    Dallas, Texas 75201

Designated Filer:                   Becker Drapkin Management, L.P.

Date of Event Requiring Statement   September 26, 2012
(Month/Day/Year):

Issuer Name and Ticker or Trading   Pixelworks, Inc. [PXLW]
Symbol:

Relationship of Reporting           10% Owner
Person(s) to Issuer:

If Amendment, Date Original Filed   Not Applicable
(Month/Day/Year):

Individual or Joint/Group Filing:   Form filed by More than One Reporting Person

Signature:
                                    By:    /s/ Ashley Sekimoto
                                           -------------------------------------
                                    Name:  Ashley Sekimoto
                                    Title: Attorney-in-Fact
                                    Date:  September 28, 2012
EX-99.3 4 rrd320451_362186.htm JOINT FILING AGREEMENT rrd320451_362186.html 
                                                                    EXHIBIT 99.3
                             JOINT FILING AGREEMENT

                               September 28, 2012

        Pursuant to and in accordance with the Securities Exchange Act of 1934,
as amended (the "Exchange Act"), and the rules and regulations thereunder, each
party hereto hereby agrees to the joint filing, on behalf of each of them, of
any filing required by such party under Section 13 or Section 16 of the Exchange
Act or any rule or regulation thereunder (including any amendment, restatement,
supplement, and/or exhibit thereto) with the Securities and Exchange Commission
(and, if such security is registered on a national securities exchange, also
with the exchange), and further agrees to the filing, furnishing, and/or
incorporation by reference of this agreement as an exhibit thereto. This
agreement shall remain in full force and effect until revoked by any party
hereto in a signed writing provided to each other party hereto, and then only
with respect to such revoking party.

        IN WITNESS WHEREOF, each party hereto, being duly authorized, has caused
this agreement to be executed and effective as of the date first written above.

        Date: September 28, 2012        BECKER DRAPKIN MANAGEMENT, L.P.

                                        By:    BC Advisors, LLC
                                        Its:   General Partner

                                        By:    /s/ Ashley Sekimoto
                                               ---------------------------------

                                        Name:  Ashley Sekimoto
                                        Title: Attorney-in-Fact

                                        BECKER DRAPKIN PARTNERS (QP), L.P.

                                        By:    Becker Drapkin Management, L.P.
                                        Its:   General Partner

                                        By:    BC Advisors, LLC
                                        Its:   General Partner

                                        By:    /s/ Ashley Sekimoto
                                               ---------------------------------
                                        Name:  Ashley Sekimoto
                                        Title: Attorney-in-Fact

                                        BECKER DRAPKIN PARTNERS, L.P.

                                        By:    Becker Drapkin Management, L.P.
                                        Its:   General Partner

                                        By:    BC Advisors, LLC
                                        Its:   General Partner

                                        By:    /s/ Ashley Sekimoto
                                               ---------------------------------
                                        Name:  Ashley Sekimoto
                                        Title: Attorney-in-Fact

                                        BD PARTNERS IV, L.P.

                                        By:    Becker Drapkin Management, L.P.
                                        Its:   General Partner

                                        By:    BC Advisors, LLC
                                        Its:   General Partner

                                        By:    /s/ Ashley Sekimoto
                                               ---------------------------------
                                        Name:  Ashley Sekimoto
                                        Title: Attorney-in-Fact

                                        BC ADVISORS, LLC

                                        By:    /s/ Ashley Sekimoto
                                               ---------------------------------
                                        Name:  Ashley Sekimoto
                                        Title: Attorney-in-Fact

                                        STEVEN R. BECKER

                                        /s/ Ashley Sekimoto
                                        ----------------------------------------
                                        Name:  Ashley Sekimoto
                                        Title: Attorney-in-Fact

                                        MATTHEW A. DRAPKIN

                                        /s/ Ashley Sekimoto
                                        ----------------------------------------
                                        Name:  Ashley Sekimoto
                                        Title: Attorney-in-Fact