UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
DELTA PARTNERS LLC ONE INTERNATIONAL PLACE SUITE 2401 BOSTON, MA 02110 |
 |  X |  |  |
JOBSON CHARLES E ONE INTERNATIONAL PLACE SUITE 2401 BOSTON, MA 02110 |
 |  X |  |  |
Charles Jobson | 04/06/2006 | |
**Signature of Reporting Person | Date | |
Charles Jobson | 04/06/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Reporting person, Delta Partners, LLC, is the investment manager for three private investment funds and one separately managed account and is deemed to have investment discretion over 1,555,200 shares of the issuer. The four entities are the actual owners of the shares. Charles Jobson is the sole managing member of Delta Partners and can also be deemed to have investment discretion. Mr. Jobson is also a managing member of Tetra Capital Management, LLC, an affiliate of Delta Partners, LLC, and is deemed to have investment discretion over an additional 5,000 shares of the issuer. Tetra Capital Management is the investment manager for two private investment funds. The two entities are the actual owners of the 5,000 shares. Both reporting persons disclaim beneficial ownership in the shares reported herein except to the extent of their pecuniary interest. |