-----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, FqtaukwGL/VXRZxpeZhRk1qXPb0nyBnbWrsUADhI1nEyGlx5DTpXfefnsd6F9pmj QR63pViUnqdxP4d5nvA3iw== 0000950117-03-001532.txt : 20030417 0000950117-03-001532.hdr.sgml : 20030417 20030416213813 ACCESSION NUMBER: 0000950117-03-001532 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030417 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ELBIT LTD CENTRAL INDEX KEY: 0000724138 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: ADVANCED TECHNOLOGY CTR STREET 2: P O BOX 539 CITY: HAIFA 31053 ISRAEL STATE: L3 ZIP: 31053 MAIL ADDRESS: STREET 1: 3 AZRIELE CENTER STREET 2: THE TRIANGLE BLDG 42ND FL CITY: TELAVIV ISRAEL STATE: L3 ZIP: 67023 FORMER COMPANY: FORMER CONFORMED NAME: ELBIT COMPUTERS LTD DATE OF NAME CHANGE: 19910822 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: 24/7 REAL MEDIA INC CENTRAL INDEX KEY: 0001062195 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310] IRS NUMBER: 133995672 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-54665 FILM NUMBER: 03653333 BUSINESS ADDRESS: STREET 1: 1250 BROADWAY STREET 2: 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 2122317100 MAIL ADDRESS: STREET 1: 1250 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10001 SC 13D/A 1 a35027.txt ELBIT LTD. UNITED STATES ------------------------------ SECURITIES AND EXCHANGE OMB APPROVAL COMMISSION ------------------------------ Washington, D.C. 20549 OMB Number: 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response 11 ------------------------------
SCHEDULE 13D/A Under the Securities Exchange Act of 1934 24/7 Real Media, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 901314 10 4 - -------------------------------------------------------------------------------- (CUSIP Number) Tal Raz Richard Gilden Elbit Ltd. Kramer Levin Naftalis & Frankel LLP 3 Azrieli Center 919 Third Avenue The Triangle Building New York, NY 10022 67023 Tel Aviv 212-715-9486 Israel 011-972-3-6075555 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 11, 2003 - -------------------------------------------------------------------------------- (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 'SS''SS'240.13d-1(e), 240.13d-1(f) or 249.13d-1(g), check the following box. [ ] Page 2 of 4 CUSIP NO. 901314 10 4 13D - --------------------------------------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Elbit Ltd. - --------------------------------------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] - --------------------------------------------------------------------------------------------------------------- 3. SEC Use only - --------------------------------------------------------------------------------------------------------------- 4. Source of funds (See Instructions) WC - --------------------------------------------------------------------------------------------------------------- 5. Check if disclosure of Legal Proceedings Is Required Pursuant [ ] to Items 2(d) or 2(e) - --------------------------------------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Israel - --------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------- Number of 7. Sole Voting Shares Power 8,229,771 shares of common stock, par value $0.01 per share Beneficially --------------------------------------------------------------------------------------------- Owned by 8. Shared Voting Power 0 Each --------------------------------------------------------------------------------------------- Reporting 9. Sole Dispositive Power 8,229,771 shares of common stock, par value $0.01 per share Person With --------------------------------------------------------------------------------------------- 10. Shared Dispositive Power 0 - --------------------------------------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting 8,229,771 shares of common stock, par value Person $0.01 per share - --------------------------------------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] (See Instructions) - --------------------------------------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row 12.1% (11) - --------------------------------------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO
2 Page 3 of 4 Elbit Ltd. ("Elbit") previously filed a Schedule 13D on January 28, 2003 (the "January 2003 Filing") with respect to shares of common stock of 24/7 Real Media, Inc., a corporation organized and existing under the laws of the State of Delaware (the "Issuer"). This Schedule 13D/A (the "Amendment") supplements and amends the January 2003 Filing to the extent specified herein. Capitalized terms used but not defined in this Amendment have the meanings given them in the January 2003 Filing. Item 3. Source and Amount of Funds or Other Consideration. Item 3 is hereby supplemented by adding the following paragraph at the end thereof: On February 18, 2003, all shares of Series B Preferred Stock held by Elbit were converted into an aggregate of 4,840,271 shares of Issuer Common Stock. Item 5. Interest in Securities of the Issuer. Item 5(a) - (b) of the January 2003 Filing is hereby amended as follows: (a) - (b) Elbit is the beneficial owner of an aggregate of 8,229,771 shares of Issuer Common Stock, representing approximately 12.1% of the issued and outstanding Issuer Common Stock. Of this total, 6,347,371 shares of Issuer Common Stock are directly owned by Elbit and 1,882,400 shares of Issuer Common Stock are owned by Elbit Vflash Inc., a wholly owned subsidiary of Elbit. Elbit has the sole power to vote and direct the disposition of all of the shares. To the knowledge of Elbit, none of the persons named in Schedule A of the January 2003 Filing beneficially own any shares of Issuer Common Stock. Item 5(c) of the January 2003 Filing is hereby amended as follows: (c) During the period commencing on February 10, 2003, and ending on April 11, 2003, Elbit sold, through its broker, an aggregate of 710,500 shares of Issuer Common Stock in a series of transactions at a price per share ranging from $0.22 to $0.32 (the "Sales"). The aggregate consideration received by Elbit from the Sales was one hundred ninety eight thousand one hundred twenty nine dollars ($198,129), resulting in an average price per share of approximately $0.28. Prior to the Sales Elbit beneficially owned approximately 13.2% of the shares of Issuer Common Stock rather than the 15.0% reported in the January 2003 Filing, as a result of issuances of Issuer Common Stock by the Issuer which Elbit learned about subsequent to the date of the January 2003 Filing. 3 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that that information set forth in this statement is true, complete and correct. April 16, 2003 Elbit Ltd. By: /s/ Paul Weinberg ------------------------ Name: Paul Weinberg Title: Director 4 STATEMENT OF DIFFERENCES The section symbol shall be expressed as................................. 'SS' -----END PRIVACY-ENHANCED MESSAGE-----