1
|
NAME
OF REPORTING PERSON
RCG
CARPATHIA MASTER FUND, LTD.
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) x
(b) o
|
|
3
|
SEC
USE ONLY
|
||
4
|
SOURCE
OF FUNDS
WC
|
||
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d)
OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Cayman
Islands
|
||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE
VOTING POWER
1,436,023
|
|
8
|
SHARED
VOTING POWER
- 0 -
|
||
9
|
SOLE
DISPOSITIVE POWER
1,436,023
|
||
10
|
SHARED
DISPOSITIVE POWER
- 0 -
|
||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,436,023
|
||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|
¨
|
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.9%
|
||
14
|
TYPE
OF REPORTING PERSON
CO
|
1
|
NAME
OF REPORTING PERSON
RCG
ENTERPRISE, LTD
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) x
(b) o
|
|
3
|
SEC
USE ONLY
|
||
4
|
SOURCE
OF FUNDS
WC
|
||
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d)
OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Cayman
Islands
|
||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE
VOTING POWER
264,182
|
|
8
|
SHARED
VOTING POWER
- 0 -
|
||
9
|
SOLE
DISPOSITIVE POWER
264,182
|
||
10
|
SHARED
DISPOSITIVE POWER
- 0 -
|
||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
264,182
|
||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|
¨
|
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.8%
|
||
14
|
TYPE
OF REPORTING PERSON
CO
|
1
|
NAME
OF REPORTING PERSON
RAMIUS
LLC
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) x
(b) o
|
|
3
|
SEC
USE ONLY
|
||
4
|
SOURCE
OF FUNDS
OO
|
||
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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
1,700,205
|
|
8
|
SHARED
VOTING POWER
- 0 -
|
||
9
|
SOLE
DISPOSITIVE POWER
1,700,205
|
||
10
|
SHARED
DISPOSITIVE POWER
- 0 -
|
||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,700,205
|
||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|
¨
|
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.8%
|
||
14
|
TYPE
OF REPORTING PERSON
IA,
OO
|
1
|
NAME
OF REPORTING PERSON
C4S
& CO., L.L.C.
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) x
(b) o
|
|
3
|
SEC
USE ONLY
|
||
4
|
SOURCE
OF FUNDS
OO
|
||
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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
1,700,205
|
|
8
|
SHARED
VOTING POWER
- 0 -
|
||
9
|
SOLE
DISPOSITIVE POWER
1,700,205
|
||
10
|
SHARED
DISPOSITIVE POWER
- 0 -
|
||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,700,205
|
||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|
¨
|
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.8%
|
||
14
|
TYPE
OF REPORTING PERSON
OO
|
1
|
NAME
OF REPORTING PERSON
PETER
A. COHEN
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) x
(b) o
|
|
3
|
SEC
USE ONLY
|
||
4
|
SOURCE
OF FUNDS
OO
|
||
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d)
OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
USA
|
||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE
VOTING POWER
- 0
-
|
|
8
|
SHARED
VOTING POWER
1,700,205
|
||
9
|
SOLE
DISPOSITIVE POWER
- 0
-
|
||
10
|
SHARED
DISPOSITIVE POWER
1,700,205
|
||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,700,205
|
||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|
¨
|
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.8%
|
||
14
|
TYPE
OF REPORTING PERSON
IN
|
1
|
NAME
OF REPORTING PERSON
MORGAN
B. STARK
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) x
(b) o
|
|
3
|
SEC
USE ONLY
|
||
4
|
SOURCE
OF FUNDS
OO
|
||
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d)
OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
USA
|
||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE
VOTING POWER
- 0
-
|
|
8
|
SHARED
VOTING POWER
1,700,205
|
||
9
|
SOLE
DISPOSITIVE POWER
- 0
-
|
||
10
|
SHARED
DISPOSITIVE POWER
1,700,205
|
||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,700,205
|
||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|
¨
|
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.8%
|
||
14
|
TYPE
OF REPORTING PERSON
IN
|
1
|
NAME
OF REPORTING PERSON
JEFFREY
M. SOLOMON
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) x
(b) o
|
|
3
|
SEC
USE ONLY
|
||
4
|
SOURCE
OF FUNDS
OO
|
||
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d)
OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
USA
|
||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE
VOTING POWER
- 0
-
|
|
8
|
SHARED
VOTING POWER
1,700,205
|
||
9
|
SOLE
DISPOSITIVE POWER
- 0
-
|
||
10
|
SHARED
DISPOSITIVE POWER
1,700,205
|
||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,700,205
|
||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|
¨
|
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.8%
|
||
14
|
TYPE
OF REPORTING PERSON
IN
|
1
|
NAME
OF REPORTING PERSON
THOMAS
W. STRAUSS
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) x
(b) o
|
|
3
|
SEC
USE ONLY
|
||
4
|
SOURCE
OF FUNDS
OO
|
||
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d)
OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
USA
|
||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE
VOTING POWER
- 0
-
|
|
8
|
SHARED
VOTING POWER
1,700,205
|
||
9
|
SOLE
DISPOSITIVE POWER
- 0
-
|
||
10
|
SHARED
DISPOSITIVE POWER
1,700,205
|
||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,700,205
|
||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|
¨
|
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.8%
|
||
14
|
TYPE
OF REPORTING PERSON
IN
|
|
(i)
|
RCG
Carpathia Master Fund, Ltd., a Cayman Islands exempted company
(“Carpathia”), with respect to the Shares directly and beneficially owned
by it;
|
|
(ii)
|
RCG
Enterprise, Ltd, a Cayman Islands exempted company (“RCG Enterprise”),
with respect to the Shares directly and beneficially owned by
it;
|
|
(iii)
|
Ramius
LLC, a Delaware limited liability company (“Ramius”), who serves as the
investment advisor of Carpathia and as the investment manager of RCG
Enterprise;
|
|
(iv)
|
C4S
& Co., L.L.C., a Delaware limited liability company (“C4S”), who
serves as managing member of
Ramius;
|
|
(v)
|
Peter
A. Cohen ("Mr. Cohen"), who serves as one of the managing members of
C4S;
|
|
(vi)
|
Morgan
B. Stark ("Mr. Stark"), who serves as one of the managing members of
C4S;
|
|
(vii)
|
Thomas
W. Strauss ("Mr. Strauss"), who serves as one of the managing members of
C4S; and
|
(viii)
|
Jeffrey
M. Solomon ("Mr. Solomon"), who serves as one of the managing members of
C4S.
|
A.
|
Carpathia
|
|
(a)
|
As
of the close of business on May 19, 2008, Carpathia beneficially owned
1,436,023 Shares.
|
|
(b)
|
1.
Sole power to vote or direct vote:
1,436,023
|
|
2.
Shared power to vote or direct vote:
0
|
|
3.
Sole power to dispose or direct the disposition:
1,436,023
|
|
4.
Shared power to dispose or direct the disposition:
0
|
|
(c)
|
The
transactions in the Shares by Carpathia in the past 60 days are set forth
in Schedule A and are incorporated by
reference.
|
B.
|
RCG
Enterprise
|
|
(a)
|
As
of the close of business on May 19, 2008, RCG Enterprise beneficially
owned 264,182 Shares.
|
|
(b)
|
1.
Sole power to vote or direct vote:
264,182
|
|
2.
Shared power to vote or direct vote:
0
|
|
3.
Sole power to dispose or direct the disposition:
264,182
|
|
4.
Shared power to dispose or direct the disposition:
0
|
|
(c)
|
The
transactions in the Shares by RCG Enterprise in the past 60 days are set
forth in Schedule A and are incorporated by
reference.
|
C.
|
Ramius
|
|
(a)
|
As
of the close of business on May 19, 2008, as the investment advisor of
Carpathia and the investment manager of RCG Enterprise, Ramius may be
deemed the beneficial owner of the (i) 1,436,023 Shares owned by Carpathia
and (ii) 264,182 Shares owned by RCG
Enterprise.
|
|
(b)
|
1.
Sole power to vote or direct vote:
1,700,205
|
|
2.
Shared power to vote or direct vote:
0
|
|
3.
Sole power to dispose or direct the disposition:
1,700,205
|
|
4.
Shared power to dispose or direct the disposition:
0
|
|
(c)
|
Ramius
did not enter into any transactions in the Shares in the past 60
days. The transactions in the Shares in the past 60 days on
behalf of Carpathia and RCG Enterprise are set forth in Schedule A and are
incorporated by reference.
|
D.
|
C4S
|
|
(a)
|
As
of the close of business on May 19, 2008, as the managing member of
Ramius, C4S may be deemed the beneficial owner of the (i) 1,436,023 Shares
owned by Carpathia and (ii) 264,182 Shares owned by RCG
Enterprise.
|
|
(b)
|
1.
Sole power to vote or direct vote:
1,700,205
|
|
2.
Shared power to vote or direct vote:
0
|
|
3.
Sole power to dispose or direct the disposition:
1,700,205
|
|
4.
Shared power to dispose or direct the disposition:
0
|
|
(c)
|
C4S
did not enter into any transactions in the Shares in the past 60
days. The transactions in the Shares in the past 60 days on
behalf of Carpathia and RCG Enterprise are set forth in Schedule A and are
incorporated by reference.
|
E.
|
Mr.
Cohen, Mr. Stark, Mr. Strauss and Mr.
Solomon
|
|
(a)
|
As
of the close of business on May 19, 2008, as the managing members of C4S,
each of Mr. Cohen, Mr. Stark, Mr. Strauss and Mr. Solomon may be deemed
the beneficial owner of the (i) 1,436,023 Shares owned by Carpathia and
(ii) 264,182 Shares owned by RCG
Enterprise.
|
|
(b)
|
1.
Sole power to vote or direct vote:
0
|
|
2.
Shared power to vote or direct vote:
1,700,205
|
|
3.
Sole power to dispose or direct the disposition:
0
|
|
4.
Shared power to dispose or direct the disposition:
1,700,205
|
|
(c)
|
None
of Mr. Cohen, Mr. Stark, Mr. Strauss or Mr. Solomon has entered into any
transactions in the Shares in the past 60 days. The
transactions in the Shares in the past 60 days on behalf of Carpathia and
RCG Enterprise are set forth in Schedule A and are incorporated by
reference.
|
|
(d)
|
No
person other than the Reporting Persons is known to have the right to
receive, or the power to direct the receipt of dividends from, or proceeds
from the sale of, such shares of the Common
Stock.
|
|
(e)
|
Not
applicable.
|
Item
6.
|
Contracts,
Arrangements, Understandings or Relationships With Respect to Securities of the
Issuer.
|
Item
7.
|
Material to be Filed
as Exhibits.
|
|
Exhibit
99.1
|
Joint
Filing Agreement by and among RCG Carpathia Master Fund, Ltd., RCG
Enterprise, Ltd., Ramius LLC, C4S & Co., L.L.C., Peter A. Cohen,
Morgan B. Stark, Thomas W. Strauss and Jeffrey M. Solomon, dated May 20,
2008.
|
|
Exhibit
99.2
|
Power
of Attorney for Peter A. Cohen, Morgan B. Stark, Thomas W. Strauss and
Jeffrey M. Solomon, dated August 16,
2007.
|
Dated: May
20, 2008
|
|||
RCG
CARPATHIA MASTER FUND, LTD.
|
RCG
ENTERPRISE, LTD.
|
||
By:
|
Ramius
LLC,
its
investment advisor
|
By:
|
Ramius
LLC,
its
investment manager
|
By:
|
C4S
& Co., L.L.C.,
as
managing member
|
By:
|
C4S
& Co., L.L.C.,
as
managing member
|
RAMIUS
LLC
|
C4S
& CO., L.L.C.
|
||
By:
|
C4S
& Co., L.L.C.,
as
managing member
|
||
By:
|
/s/ Jeffrey M. Solomon |
Name: Jeffrey
M. Solomon
|
|
Title:
Authorized Signatory
|
/s/ Jeffrey M. Solomon |
Individually
and as attorney-in-
fact
for Peter A. Cohen, Morgan B.
Stark
and Thomas W. Strauss
|
Shares
of Common Stock
Sold
|
Price
Per
Share
($)
|
Date
of
Sale
|
92,730
|
1.5000
|
04/24/2008
|
|
760
|
1.5600
|
04/25/2008
|
|
3,277
|
1.5249
|
04/28/2008
|
|
14,780
|
1.4965
|
04/29/2008
|
|
4,957
|
1.4884
|
04/30/2008
|
|
15,962
|
1.4843
|
05/01/2008
|
|
1,013
|
1.4917
|
05/02/2008
|
|
8,244
|
1.4511
|
05/05/2008
|
|
4,898
|
1.5531
|
05/06/2008
|
|
5,996
|
1.5588
|
05/07/2008
|
|
24,360
|
1.5401
|
05/08/2008
|
|
511
|
1.4818
|
05/09/2008
|
17,070
|
1.5000
|
04/24/2008
|
|
140
|
1.5600
|
04/25/2008
|
|
603
|
1.5249
|
04/28/2008
|
|
2,720
|
1.4965
|
04/29/2008
|
|
913
|
1.4884
|
04/30/2008
|
|
2,938
|
1.4843
|
05/01/2008
|
|
187
|
1.4917
|
05/02/2008
|
|
1,517
|
1.4511
|
05/05/2008
|
|
902
|
1.5531
|
05/06/2008
|
|
1,104
|
1.5588
|
05/07/2008
|
|
4,640
|
1.5401
|
05/08/2008
|
|
94
|
1.4818
|
05/09/2008
|
Name and Position
|
Principal Occupation
|
Principal Business
Address
|
Morgan
B. Stark
Director
|
Managing
Member of C4S & Co., L.L.C.,
which
is the Managing Member of Ramius LLC
|
599
Lexington
20th
Floor
New
York, New York 10017
|
Jeffrey
M. Solomon
Director
|
Managing
Member of C4S & Co., L.L.C.,
which
is the Managing Member of Ramius LLC
|
599
Lexington
20th
Floor
New
York, New York 10017
|
CFS
Company Ltd.
Director
|
Nominee
Company registered with Cayman Islands Monetary Authority and is
affiliated with Administrator of the Fund
|
c/o
Citco Fund Services (Cayman Islands) Limited
Corporate
Center
West
Bay Road
Grand
Cayman, Cayman Islands
British
West Indies
|
CSS
Corporation Ltd.
Secretary
|
Affiliate
of the Administrator of the Fund
|
c/o
Citco Fund Services (Cayman Islands) Limited
Corporate
Center
West
Bay Road
Grand
Cayman, Cayman Islands
British
West Indies
|
Name and Position
|
Principal Occupation
|
Principal Business
Address
|
Morgan
B. Stark
Director
|
Managing
Member of C4S & Co., L.L.C.,
which
is the Managing Member of Ramius LLC
|
599
Lexington
20th
Floor
New
York, New York 10017
|
Marran
Ogilvie
Director
|
Chief
Operating Officer of Ramius LLC
|
599
Lexington
20th
Floor
New
York, New York 10017
|
CFS
Company Ltd.
Director
|
Nominee
Company registered with Cayman Islands Monetary Authority and is
affiliated with Administrator of the Fund
|
c/o
Citco Fund Services (Cayman Islands) Limited
Corporate
Center
West
Bay Road
Grand
Cayman, Cayman Islands
British
West Indies
|
CSS
Corporation Ltd.
Secretary
|
Affiliate
of the Administrator of the Fund
|
c/o
Citco Fund Services (Cayman Islands) Limited
Corporate
Center
West
Bay Road
Grand
Cayman, Cayman Islands
British
West Indies
|
Exhibit
|
Exhibit
Number
|
Joint Filing Agreement by and
among RCG Carpathia Master Fund, Ltd., RCG Enterprise, Ltd., Ramius LLC,
C4S & Co., L.L.C., Peter A. Cohen, Morgan B. Stark, Thomas W. Strauss
and Jeffrey M. Solomon, dated May 20, 2008.
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99.1
|
Power of Attorney for Peter A.
Cohen, Morgan B. Stark, Thomas W. Strauss and Jeffrey M. Solomon, dated
August 16, 2007.
|
99.2
|