-----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, CJJ2jsvSk8ON+IIJGyLhoprLzLN3zllBlW6vEww9pciGZ3+afGcmqnvjFyNztVdC AFglIW/6geG2o6iB6gQxSg== 0000899140-09-000104.txt : 20090112 0000899140-09-000104.hdr.sgml : 20090112 20090112171817 ACCESSION NUMBER: 0000899140-09-000104 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20090101 FILED AS OF DATE: 20090112 DATE AS OF CHANGE: 20090112 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: USA TECHNOLOGIES INC CENTRAL INDEX KEY: 0000896429 STANDARD INDUSTRIAL CLASSIFICATION: CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS) [3578] IRS NUMBER: 232679963 STATE OF INCORPORATION: PA FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 100 DEERFIELD LANE STREET 2: SUITE 140 CITY: MALVERN STATE: PA ZIP: 19355 BUSINESS PHONE: 6109890340 MAIL ADDRESS: STREET 1: 100 DEERFIELD LANE STREET 2: SUITE 140 CITY: MALVERN STATE: PA ZIP: 19355 FORMER COMPANY: FORMER CONFORMED NAME: USA ENTERTAINMENT CENTER INC DATE OF NAME CHANGE: 19931029 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SAC Capital Advisors Inc CENTRAL INDEX KEY: 0001453219 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33365 FILM NUMBER: 09522368 BUSINESS ADDRESS: STREET 1: 72 CUMMINGS POINT ROAD CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 2038902000 MAIL ADDRESS: STREET 1: 72 CUMMINGS POINT ROAD CITY: STAMFORD STATE: CT ZIP: 06902 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SAC Capital Advisors LP CENTRAL INDEX KEY: 0001451928 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33365 FILM NUMBER: 09522369 BUSINESS ADDRESS: STREET 1: 72 CUMMINGS POINT ROAD CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 2038902000 MAIL ADDRESS: STREET 1: 72 CUMMINGS POINT ROAD CITY: STAMFORD STATE: CT ZIP: 06902 3 1 scalp_usat3-011209ex.xml X0203 3 2009-01-01 0 0000896429 USA TECHNOLOGIES INC USAT 0001451928 SAC Capital Advisors LP 72 CUMMINGS POINT ROAD STAMFORD CT 06902 0 0 1 1 See footnote (1) 0001453219 SAC Capital Advisors Inc 72 CUMMINGS POINT ROAD STAMFORD CT 06902 0 0 1 1 See footnote (1) Common Stock, no par value 1950426 I See footnotes Warrant 6.40 2007-09-14 2013-09-14 Common Stock, no par value 833333 I See footnotes Please see Exhibit 99.1 note 1. Please see Exhibit 99.1 note 2. Please see Exhibit 99.1 note 3. Exhibit List Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filer Information /s/ Peter Nussbaum, as Authorized Person on behalf of S.A.C. CAPITAL ADVISORS, L.P., S.A.C. CAPITAL ADVISORS, INC. 2009-01-12 EX-99 2 s011209a.txt 99.1 - EXPLANATION OF RESPONSES Exhibit 99.1 - Explanation of Responses ------------ (1) As of January 1, 2009, in connection with an internal corporate reorganization not constituting a sale, each of S.A.C. Capital Advisors, LLC and S.A.C. Capital Management, LLC (together, the "Predecessor Advisors") assigned to S.A.C. Capital Advisors, L.P. ("SAC Capital Advisors LP") all of its rights and responsibilities under its investment management agreements with certain private investment funds, including its investment management agreement with S.A.C. Capital Associates, LLC, an Anguillan limited liability company ("SAC Associates"), which directly owns Common Stock of the Issuer, and SAC Capital Advisors LP assumed all responsibilities under the investment management agreements. No other consideration was received by the Reporting Persons in connection with the assignment. The direct ownership of Common Stock of the Issuer and warrants with respect to Common Stock of the Issuer by SAC Associates was not affected by the assignment. S.A.C. Capital Advisors, Inc. ("SAC Capital Advisors Inc.") is the general partner of SAC Capital Advisors LP. This Form 3 is being filed to replace the Predecessor Advisors with SAC Capital Advisors LP and SAC Capital Advisors Inc. as reporting persons under Section 16. (2) SAC Capital Advisors LP acts as investment manager to SAC Associates and, pursuant to an investment management agreement, SAC Capital Advisors LP maintains investment and voting power with respect to securities held by SAC Associates. SAC Capital Advisors Inc. is the general partner of SAC Capital Advisors LP. Steven A. Cohen controls SAC Capital Advisors Inc. Steven A. Cohen and SAC Associates are currently reporting persons under Section 16 with respect to the Issuer. In accordance with Instruction 5(b)(iv), the entire amount of the Issuer's Common Stock held by SAC Associates is reported herein. SAC Capital Advisors LP and SAC Capital Advisors Inc. disclaim any beneficial ownership of any of the Issuer' s securities to which this report relates for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of their respective indirect pecuniary interests therein, and this report shall not be deemed an admission that SAC Capital Advisors LP or SAC Capiral Advisors Inc. is the beneficial owner of such securities for purposes of Section 16 or for any other purposes. (3) The warrants contain certain restrictions on their exercise, including an issuance limitation prohibiting the holder and its affiliates from exercising the warrants to the extent that such exercise would result in the beneficial ownership by such holder and its affiliates of more than 9.99% of the number of shares of Common Stock outstanding immediately after giving effect to the issuance of shares upon exercise of the warrant. EX-99 3 s011209b.txt 99.2 - JOINT FILER INFORMATION Exhibit 99.2 - Joint Filer Information ------------ Name: S.A.C. Capital Advisors, Inc. Address: 72 Cummings Point Road, Stamford CT 06902 Designated Filer: S.A.C. Capital Advisors, L.P. Issuer & Ticker Symbol: USA Technologies, Inc. ("USAT") Date of Event Requiring Statement: January 1, 2009 -----END PRIVACY-ENHANCED MESSAGE-----