0000941560-16-000055.txt : 20160930 0000941560-16-000055.hdr.sgml : 20160930 20160930154915 ACCESSION NUMBER: 0000941560-16-000055 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160930 DATE AS OF CHANGE: 20160930 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Sizmek Inc. CENTRAL INDEX KEY: 0001591877 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310] IRS NUMBER: 371744624 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88001 FILM NUMBER: 161912838 BUSINESS ADDRESS: STREET 1: 500 W. 5TH STREET STREET 2: SUITE 900 CITY: AUSTIN STATE: TX ZIP: 78701 BUSINESS PHONE: 512-469-5900 MAIL ADDRESS: STREET 1: 500 W. 5TH STREET STREET 2: SUITE 900 CITY: AUSTIN STATE: TX ZIP: 78701 FORMER COMPANY: FORMER CONFORMED NAME: New Online Co DATE OF NAME CHANGE: 20131113 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GARDNER LEWIS ASSET MANAGEMENT L P CENTRAL INDEX KEY: 0000941560 IRS NUMBER: 232778393 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 285 WILMINGTON WEST CHESTER PIKE CITY: CHADDS FORD STATE: PA ZIP: 19317 BUSINESS PHONE: 6105582800 MAIL ADDRESS: STREET 1: 285 WILMINGTON WEST CHESTER PIKE CITY: CHADDS FORD STATE: PA ZIP: 19317 SC 13D/A 1 SMZK0930.htm Amendment No. 1 to the Schedule 13D


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

Sizmek, Inc.
 (Name of Issuer)


Common Stock, $0.001 par value
 (Title of Class of Securities)


83013P105
(CUSIP Number)

Gardner Lewis Asset Management, L.P.
Attn: Len Sorgini, Chief Compliance Officer
285 Wilmington West Chester Pike, Chadds Ford, PA 19317
(610) 558-2800
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)


August 15, 2016
(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 §§240.13d-1(e), 240.13d-1(f) or 240. 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 §240.13d-7 for other parties to whom copies are to be sent.

* 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 ("Act") 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).




1.  Names of Reporting Persons.
 Gardner Lewis Asset Management, L.P.

2.  Check the Appropriate Box if a Member of a Group
(a) ?
(b) ?

3.  SEC Use Only
4.  Source of Funds
     OO
5.  Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e)
?
6.  Citizenship or Place of Organization
Pennsylvania


   Number of Shares
   Beneficially
   Owned by
   Each Reporting
   Person With:

 	7.  Sole Voting Power
	0

	8.  Shared Voting Power
	1,747,039

	9.  Sole Dispositive Power
	0

	10.  Shared Dispositive Power
	1,747,039

11.  Aggregate Amount Beneficially Owned by Each Reporting Person
1,747,039
12.  Check if the Aggregate Amount in Row (11) Excludes Certain Shares
?
13.  Percent of Class Represented by Amount in Row (11)
6.0
14.  Type of Reporting Person
IA



1.  Names of Reporting Persons.
 Gardner Lewis Asset Management, Inc.

2.  Check the Appropriate Box if a Member of a Group
(a) ?
(b) ?

3.  SEC Use Only
4.  Source of Funds
     OO
5.  Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e)
?
6.  Citizenship or Place of Organization
Delaware


   Number of Shares
   Beneficially
   Owned by
   Each Reporting
   Person With:

 	7.  Sole Voting Power
	0

	8.  Shared Voting Power
	1,747,039

	9.  Sole Dispositive Power
	0

	10.  Shared Dispositive Power
	1,747,039

11.  Aggregate Amount Beneficially Owned by Each Reporting Person
1,747,039
12.  Check if the Aggregate Amount in Row (11) Excludes Certain Shares
?
13.  Percent of Class Represented by Amount in Row (11)
6.0
14.  Type of Reporting Person
CO



1.  Names of Reporting Persons.
 Gardner Lewis Merger Arbitrage Fund, L.P.

2.  Check the Appropriate Box if a Member of a Group
(a) ?
(b) ?

3.  SEC Use Only
4.  Source of Funds
    WC
5.  Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e)
?
6.  Citizenship or Place of Organization
Pennsylvania


   Number of Shares
   Beneficially
   Owned by
   Each Reporting
   Person With:

 	7.  Sole Voting Power
	0

	8.  Shared Voting Power
	1,527,866

	9.  Sole Dispositive Power
	0

	10.  Shared Dispositive Power
	1,527,866

11.  Aggregate Amount Beneficially Owned by Each Reporting Person
1,527,866
12.  Check if the Aggregate Amount in Row (11) Excludes Certain Shares
?
13.  Percent of Class Represented by Amount in Row (11)
5.2
14.  Type of Reporting Person
PN



1.  Names of Reporting Persons.
 Gardner Lewis Partner, LLC

2.  Check the Appropriate Box if a Member of a Group
(a) ?
(b) ?

3.  SEC Use Only
4.  Source of Funds
     OO
5.  Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e)
?
6.  Citizenship or Place of Organization
Pennsylvania


   Number of Shares
   Beneficially
   Owned by
   Each Reporting
   Person With:

 	7.  Sole Voting Power
	0

	8.  Shared Voting Power
	1,527,866

	9.  Sole Dispositive Power
	0

	10.  Shared Dispositive Power
	1,527,866

11.  Aggregate Amount Beneficially Owned by Each Reporting Person
1,527,866
12.  Check if the Aggregate Amount in Row (11) Excludes Certain Shares
?
13.  Percent of Class Represented by Amount in Row (11)
5.2
14.  Type of Reporting Person
OO

This Amendment No. 1 to Schedule 13D is being refiled as originally filed on August 25, 2016 with the Securities and Exchange
Commission due to the discovery that the Issuer's CIK number was inadvertently excluded when such original filing was submitted.  This filing has not been updated in any manner from the filing made on August 25, 2016.

ITEM 1. SECURITY AND ISSUER

This Schedule 13D (this "Schedule 13D") relates to the common stock, $0.001 par value (the "Common Stock"), of Sizmek, Inc.,
a Delaware corporation (the "Issuer"). The Issuer's principal executive offices are located at 500 W. 5th Street, Suite 900,
Austin, TX  78701.

ITEM 2. IDENTITY AND BACKGROUND

(a)	This Amendment No.1 to Schedule 13D is filed jointly on behalf of Gardner Lewis Asset Management, L.P., a
Pennsylvania limited partnership ("GLAM"), Gardner Lewis Asset Management, Inc., a Delaware corporation, and the sole general partner of GLAM ("GLAM GP"), Gardner Lewis Merger Arbitrage Fund L.P., a private investment fund (the "Fund"), and Gardner Lewis Partners, LLC, the sole general partner of the Fund (the "Fund GP"), to amend the Schedule 13D filed with the Securities and Exchange Commission on August 18, 2016 in order to include the Fund and the Fund GP reporting persons, who each became required to file a Schedule 13D relating to the Common Stock as of August 15, 2016 when the Fund crossed 5%, and each of GLAM and GLAM GP shares beneficial ownership of the shares of Common Stock beneficially owned by the Fund and the Fund GP.  W. Whitfield Gardner ("Mr. Gardner") is the sole stockholder of GLAM GP and the sole member of the Fund GP.  See Note 1 in Item 5.

(b)	The place of organization or citizenship of each person listed in this Item 2 is as follows: GLAM (Pennsylvania),
GLAM GP (Delaware), the Fund (Delaware), the Fund GP (Pennsylvania) and Mr. Gardner (Pennsylvania).  The address of the principal office or business address, as applicable, of each person listed above is 285 Wilmington West Chester Pike, Chadds Ford, PA 19317.

(c)	GLAM's principal business is acting as an investment adviser to private funds and client accounts, including the Fund.  GLAM is a registered investment adviser with the Securities and Exchange Commission.  GLAM GP's principal business is to act as the sole general partner of GLAM.  The Fund's principal business is a private investment fund.  The Fund GP's principal business is to act as the sole general partner of the Fund. Mr. Gardner's principal business is Chairman and CEO of GLAM.

(d)	No person listed in this Item 2 has been convicted n a criminal proceeding (excluding traffic violations or similar
			misdemeanors) during the last five years.

(e)	No person listed in this Item 2 was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws (or finding any violation with respect to such laws) as a result of a civil proceeding of a judicial or administrative body of competent jurisdiction to which such person was a party during the last five years.

(f)	Each person listed in this Item 2 is a citizen of the United States of America.

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER
CONSIDERATION

The funds used in purchasing shares of Common Stock on behalf of clients of GLAM come from private funds and various client
accounts advised by GLAM, including the Fund.  The funds used in purchasing shares on behalf of the Fund came from the Fund's
investors.  See Note 1 in Item 5.

ITEM 4. PURPOSE OF TRANSACTION

GLAM transactions are for private funds and client accounts advised by GLAM in the normal course of business, including the Fund. GLAM reserves the right, from time to time, to acquire additional shares of Common Stock for, and/or dispose of shares of Common Stock held in, the private funds and client accounts advised by GLAM, including the Fund. None of the persons listed in Item 2 has any other plans or proposals related to the securities of the Issuer.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

(a)	GLAM and GLAM GP share voting and dispositive power over 1,747,039 shares of Common Stock, representing 6.0% of the Common Stock, and the Fund and the Fund GP share voting and dispositive power over 1,527,866 of those shares of Common Stock, representing 5.2% of the Common Stock.  Such percentages are based on 29,141,209 shares of Common Stock issued and outstanding as of August 9, 2016 as reported on the Issuer's Form 10-Q filed on August 9, 2016.  See Note 1 in this Item 5.

(b)	The power to dispose of and vote the shares of Common Stock referenced in paragraph (a) of the this Item 5 is shared among GLAM and GLAM GP, with respect to those shares the beneficial ownership of which is attributable to GLAM and GLAM GP, and the Fund, the Fund GP, GLAM and GLAM GP with respect to those shares the beneficial ownership of which is attributable to the Fund and the Fund GP.  See Note 1 in this Item 5.

(c)	GLAM on behalf of the private funds and client accounts it advises, including the Fund, effected the following
transactions in the Issuer's securities in the past 60 days:

Date of
Purchase/Sale	Shares Purchased/ (Sold)(#)	Average Purchase/ Sale Price per
Share ($)
8/3/16	1,286,700	3.86
8/4/16	170,107	3.86
8/8/16	46,198	3.86
8/12/16	8,200	3.86
8/15/16	177,334	3.86
8/16/16	10,000	3.83
8/17/16	10,000	3.83
8/18/16	10,000	3.85
8/22/16	12,500	3.81
8/23/16	16,000	3.85

(d)	Any dividends on, and proceeds from the sale of, any shares of Common Stock are for the account of the private funds and client accounts advised by GLAM that hold such shares, including the Fund.

(e)	Not applicable.

Note 1: GLAM advises private funds and client accounts, including the Fund.  In such capacity, GLAM has voting authority and dispositive discretion over the securities of the Issuer described in this Schedule 13D that are owned by the private funds and client accounts advised by GLAM, including the Fund.  The pecuniary interest of all securities reported in this Schedule 13D is owned by the private funds and client accounts advised by GLAM, including the Fund.  The Fund owns the pecuniary interests in all the securities reported in this Schedule 13D owned by the Fund.  Except for the purpose of determining beneficial ownership under Section 13(d) of the Securities Exchange Act of 1934, as amended, GLAM, GLAM GP, the Fund GP, and Mr. Gardner each disclaims beneficial ownership of all securities reported in this Schedule 13D.

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF
THE ISSUER

Other than as described in this Schedule 13D, none of the persons listed in Item 2 has any contracts, arrangements, understandings or other relationship with respect to the securities of the Issuer.

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS

Exhibit A - Joint Filing Agreement


















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.

Gardner Lewis Asset Management, L.P.
By: Gardner Lewis Asset Management, Inc., its general partner

Dated:  August 25, 2016	By: /s/ W. Whitfield Gardner
				W. Whitfield Gardner
							       	Chairman and CEO

Gardner Lewis Asset Management, Inc.

Dated:  August 25, 2016	By: /s/ W. Whitfield Gardner
							      	W. Whitfield Gardner
							      	Chairman and CEO

Gardner Lewis Merger Arbitrage Fund, L.P.
						By: Gardner Lewis Partner, LLC, its general partner

Dated:  August 25, 2016	By: /s/ W. Whitfield Gardner
							      	W. Whitfield Gardner
							     	 Chairman and CEO

Gardner Lewis Partner, LLC

Dated:  August 25, 2016	By: /s/ W. Whitfield Gardner
							      	W. Whitfield Gardner
							      	Chairman and CEO


The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative.
If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner
of the filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement:
provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by
reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.















EXHIBIT A


JOINT FILING AGREEMENT

		In accordance with Rule 13d-1(k)(1) under the Securities exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other reporting persons in the Schedule 13D referred to below on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Common Stock, par value $0.001 per share, of Sizmek, Inc. and that this Agreement be included as an Exhibit to such joint filing.  This Agreement may be executed in any number of counterparts all of which taken together shall constitute one and the same instrument.

IN WITNESS WHEREOF, the undersigned hereby execute the Agreement this 25th day of August, 2016.


Gardner Lewis Asset Management, L.P.
By: Gardner Lewis Asset Management, Inc., its general partner

Dated:  August 25, 2016	By: /s/ W. Whitfield Gardner
							       	W. Whitfield Gardner
							       	Chairman and CEO

Gardner Lewis Asset Management, Inc.

Dated:  August 25, 2016	By: /s/ W. Whitfield Gardner
							     	 W. Whitfield Gardner
							     	 Chairman and CEO

Gardner Lewis Merger Arbitrage Fund, L.P.
						By: Gardner Lewis Partner, LLC, its general partner

Dated:  August 25, 2016	By: /s/ W. Whitfield Gardner
							      	W. Whitfield Gardner
							      	Chairman and CEO

Gardner Lewis Partner, LLC

Dated:  August 25, 2016	By: /s/ W. Whitfield Gardner
							      	W. Whitfield Gardner
							     	 Chairman and CEO