UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
MERCATOR SOFTWARE, INC.
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(Name of Issuer)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
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(Title of Class of Securities)
587587106
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(CUSIP Number)
with a copy to:
Rodney Bienvenu Kyle C. Badger
Strategic Software Holdings, LLC McDermott, Will & Emery
1465 Post Road East, Second Floor 227 West Monroe
Westport, Connecticut 06880 Chicago, Illinois 60606
Tel. No.: (203) 259-7387 Tel. (312) 372-2000
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
MARCH 14, 2003
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(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 which is the subject of this Schedule 13D, and is filing this
statement because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box: [ ]
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).
SCHEDULE 13D
CUSIP No. 587587106
-------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
BROKEN ARROW I, L.P.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
38-3664612
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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7 SOLE VOTING POWER
NUMBER OF SHARES 1,672,500
BENEFICIALLY ____________________________________
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON -0-
WITH ____________________________________
9 SOLE DISPOSITIVE POWER
1,672,500
------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,672,500
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.84%
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14 TYPE OF REPORTING PERSON
PN
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SCHEDULE 13D
CUSIP No. 587587106
-------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
STRATEGIC SOFTWARE HOLDINGS, LLC
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
30-0091524
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CONNECTICUT
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7 SOLE VOTING POWER
NUMBER OF SHARES SEE ITEM 5
BENEFICIALLY ____________________________________
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON -0-
WITH ____________________________________
9 SOLE DISPOSITIVE POWER
SEE ITEM 5
------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
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SCHEDULE 13D
CUSIP No. 587587106
-------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
BIENVENU MANAGEMENT, LLC
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
CONNECTICUT
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7 SOLE VOTING POWER
NUMBER OF SHARES SEE ITEM 5
BENEFICIALLY ____________________________________
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON -0-
WITH ____________________________________
9 SOLE DISPOSITIVE POWER
SEE ITEM 5
------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5
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14 TYPE OF REPORTING PERSON
OO
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SCHEDULE 13D
CUSIP No. 587587106
-------------------
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1 NAME OF REPORTING PERSON
RODNEY BIENVENU
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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7 SOLE VOTING POWER
NUMBER OF SHARES SEE ITEM 5
BENEFICIALLY ____________________________________
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON -0-
WITH ____________________________________
9 SOLE DISPOSITIVE POWER
SEE ITEM 5
------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5
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14 TYPE OF REPORTING PERSON
IN
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SCHEDULE 13D
CUSIP No. 587587106
-------------------
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1 NAME OF REPORTING PERSON
JAMES DENNEDY
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
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4 SOURCE OF FUNDS
AF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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7 SOLE VOTING POWER
NUMBER OF SHARES SEE ITEM 5
BENEFICIALLY ____________________________________
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON -0-
WITH ____________________________________
9 SOLE DISPOSITIVE POWER
SEE ITEM 5
------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5
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14 TYPE OF REPORTING PERSON
IN
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SCHEDULE 13D
CUSIP No. 587587106
-------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
EMPIRE CAPITAL PARTNERS, L.P.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
AF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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7 SOLE VOTING POWER
NUMBER OF SHARES SEE ITEM 5
BENEFICIALLY ____________________________________
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON -0-
WITH ____________________________________
9 SOLE DISPOSITIVE POWER
SEE ITEM 5
------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5
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14 TYPE OF REPORTING PERSON
PN
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SCHEDULE 13D
CUSIP No. 587587106
-------------------
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1 NAME OF REPORTING PERSON
EMPIRE GP, L.L.C.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
AF/OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES SEE ITEM 5
BENEFICIALLY ____________________________________
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON -0-
WITH ____________________________________
9 SOLE DISPOSITIVE POWER
SEE ITEM 5
------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5
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14 TYPE OF REPORTING PERSON
OO
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SCHEDULE 13D
CUSIP No. 587587106
-------------------
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1 NAME OF REPORTING PERSON
EMPIRE CAPITAL MANAGEMENT, L.L.C.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF/OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES SEE ITEM 5
BENEFICIALLY ____________________________________
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON -0-
WITH ____________________________________
9 SOLE DISPOSITIVE POWER
SEE ITEM 5
------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
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SCHEDULE 13D
CUSIP No. 587587106
-------------------
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1 NAME OF REPORTING PERSON
SCOTT A. FINE
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF/OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES -0-
BENEFICIALLY ____________________________________
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON SEE ITEM 5
WITH ____________________________________
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------
10 SHARED DISPOSITIVE POWER
SEE ITEM 5
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
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SCHEDULE 13D
CUSIP No. 587587106
-------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
PETER J. RICHARDS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF/OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES -0-
BENEFICIALLY ____________________________________
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON SEE ITEM 5
WITH ____________________________________
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------
10 SHARED DISPOSITIVE POWER
SEE ITEM 5
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
SCHEDULE 13D
CUSIP No. 587587106
-------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
CHARTER OAK PARTNERS, L.P.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CONNECTICUT
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES 1,000,000
BENEFICIALLY ____________________________________
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON -0--
WITH ____________________________________
9 SOLE DISPOSITIVE POWER
-1,000,000-
------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.9%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
SCHEDULE 13D
CUSIP No. 587587106
-------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
EDWARD SANCHEZ, JR.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF/PF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES 17,410
BENEFICIALLY ____________________________________
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON -19,200-
WITH ____________________________________
9 SOLE DISPOSITIVE POWER
17,410
------------------------------------
10 SHARED DISPOSITIVE POWER
-19,200-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
36,610
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.11%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
SCHEDULE 13D
CUSIP No. 587587106
-------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SEAN P. SEARS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES 3,450
BENEFICIALLY ____________________________________
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON -0-
WITH ____________________________________
9 SOLE DISPOSITIVE POWER
3,450
------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,450
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.01%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
SCHEDULE 13D
The following constitutes Amendment No. 2 to the Schedule 13D filed by
the undersigned. This Amendment No. 2 amends the Schedule 13D as specifically
set forth herein.
ITEM 2 IS HEREBY AMENDED BY RESTATING THE FIRST PARAGRAPH AS FOLLOWS:
This Amendment No. 2 to Schedule 13D is filed by Broken Arrow I, L.P.,
a Delaware limited partnership ("Broken Arrow"); Strategic Software Holdings,
LLC, a Connecticut limited liability company ("SSH"); Bienvenu Management, LLC,
a Connecticut limited liability company ("Bienvenu Management"), Rodney
Bienvenu, James Dennedy, Empire Capital Partners, L.P., a Delaware limited
partnership ("Empire Capital"); Empire GP, L.L.C., a Delaware limited liability
company ("Empire GP"); Empire Capital Management, L.L.C., a Delaware limited
liability company ("Empire Capital Management") Charter Oak Partners, L.P., a
Connecticut limited partnership ("Charter Oak"), Scott A. Fine, Peter J.
Richards, Edward Sanchez, Jr., and Sean P. Sears (all of such persons,
collectively, the "Reporting Persons"). The business address of Edward Sanchez,
Jr. is 150 E. 52nd St. 2nd Floor, New York, NY 10022. The business address of
Sean P. Sears is TD Centre, 1791 Barrington St., 4th Floor, Halifax, Nova Scotia
B3J 3K9, Canada.
ITEM 3 IS HEREBY AMENDED TO ADD THE FOLLOWING:
The shares of Common Stock purchased by Edward Sanchez, Jr. and Sean P.
Sears were purchased the personal funds of such Reporting Persons.
ITEM 4 IS HEREBY AMENDED TO ADD THE FOLLOWING:
On March, 14, 2003, SSH filed a preliminary proxy statement with the
Securities and Exchange Commission (SEC) announcing its intention to nominate a
slate of directors to replace the current board of directors of the Issuer at
its next annual meeting. The nominees of SSH include Edward Sanchez, Jr. and
Sean P. Sears, and as such, under the rules of the SEC, they may be deemed to be
members of a group with SSH.
Sanchez and Sears originally acquired the Common Stock held by them for
investment purposes. Each of Sanchez's and Sears' primary interest is to
maximize the value of his investment. To this end, both Sanchez and Sears intend
continually to review the Issuer's business affairs and financial position and
future prospects, as well as conditions in the securities markets and general
economic and industrial conditions. Based on such evaluation and review and
other factors (including, without limitation, the attitude of the Board of
Directors and management of the Issuer), each of Sanchez and Sears will continue
to consider various alternative courses of action and will in the future take
such actions with respect to his investment in the Issuer as he deems
appropriate in light of the circumstances existing from time to time. Such
actions include seeking representation on the Board of Directors of the Issuer,
and may also include making recommendations to members of management concerning
various business strategies, acquisitions, dividend policies and other matters,
seeking to acquire control of the Issuer through a merger, proxy solicitation,
tender offer, exchange offer or otherwise, or such other actions as Sanchez or
Sears may deem appropriate. Such actions may involve the purchase of additional
Common Stock or, alternatively, may involve the sale of all or a portion of the
Common Stock held by them in the open market or in privately negotiated
transactions to one or more purchasers.
ITEM 5 IS HEREBY AMENDED TO ADD THE FOLLOWING:
(a) and (b)
Sanchez beneficially owns, as of the date hereof, 36,610 shares of
Common Stock, representing 0.11% of the outstanding shares of Common Stock. The
shares of Common Stock beneficially owned by Sanchez include warrants to
purchase 17,410 shares of Common Stock which are currently exercisable for $8.98
per share held by ES Capital Partners LLP, of which ES Advisors LLC is the
general partner. Mr. Sanchez wholly owns and controls ES Advisors LLC. The
shares of Common Stock beneficially owned by Sanchez also include 19,200 shares
of common stock in an account owned by First New York Securities, L.L.C. and
managed by Mr. Sanchez . Mr. Sanchez has shared voting and dispositive power
with respect to such shares of common stock owned by First New York Securities,
L.L.C.
Sears beneficially owns, as of the date hereof, 3,450 shares of Common
Stock, representing 0.01% of the outstanding shares of Common Stock. Mr. Sanchez
and Mr. Sears have the sole power to vote and dispose of the Common Stock
beneficially owned by them.
Each of Sanchez , Sears, Ron Bienvenu, James Dennedy, Scott Fine and
Peter Richards disclaims beneficial ownership of any shares of common stock
beneficially owned by any other Reporting Person. Each of the Empire entities
and Charter Oaks disclaims beneficial ownership of any shares of common stock
beneficially owned by any of Sanchez, Sears, Broken Arrow I, L.P. and SSH. Each
of Broken Arrow I, L.P. and SSH disclaims beneficial ownership of any shares of
common stock beneficially owned by any of the Empire entities or Charter Oaks.
(c) Item 5(c) of the Reporting Person's Amendment No. 1 to Schedule 13D
is hereby amended and restated in its entirety as follows:
The following transactions in the Issuer's Common Stock were effected
by the Reporting Persons since the date of the their most recent filing on
Schedule 13D. All of such transactions represent open market transactions.
Reporting Person Buy/Sell Trade Date Shares Price/Share ($)
---------------- -------- ---------- ------ ---------------
Broken Arrow I Buy 12/13/02 25,000 0.9600
Broken Arrow I Buy 12/13/02 7,800 0.9800
Broken Arrow I Buy 12/13/02 5,000 0.9890
Broken Arrow I Buy 12/13/02 12,200 0.9900
Broken Arrow I Buy 12/23/02 30,000 0.9000
Broken Arrow I Sell 01/23/03 10,000 1.9025
Broken Arrow I Sell 01/23/03 15,000 1.9000
Broken Arrow I Sell 01/24/03 3,200 1.8100
Broken Arrow I Sell 01/24/03 3,700 1.8329
Broken Arrow I Sell 01/24/03 6,300 1.8103
Broken Arrow I Sell 01/24/03 10,000 1.8192
Broken Arrow I Sell 01/24/03 10,000 1.8760
Broken Arrow I Sell 01/24/03 10,000 1.8580
Broken Arrow I Sell 01/24/03 15,000 1.8500
Broken Arrow I Sell 01/24/03 20,900 1.8200
Broken Arrow I Sell 01/24/03 20,900 1.8300
Broken Arrow I Sell 01/28/03 7,500 1.9000
Broken Arrow I Sell 01/29/03 5,000 1.8500
Broken Arrow I Sell 01/30/03 3,000 1.7200
Broken Arrow I Sell 01/30/03 10,000 1.7300
Broken Arrow I Sell 01/30/03 17,000 1.7100
Broken Arrow I Sell 01/30/03 80,000 1.7000
Broken Arrow I Sell 01/31/03 200 1.5700
Broken Arrow I Sell 01/31/03 1,100 1.5900
Broken Arrow I Sell 01/31/03 2,300 1.5600
Broken Arrow I Sell 01/31/03 4,100 1.6100
Broken Arrow I Sell 01/31/03 4,200 1.6500
Broken Arrow I Sell 01/31/03 5,000 1.6600
Broken Arrow I Sell 01/31/03 5,000 1.6554
Broken Arrow I Sell 01/31/03 5,100 1.5800
Broken Arrow I Sell 01/31/03 5,400 1.6000
Broken Arrow I Sell 01/31/03 7,500 1.6200
Broken Arrow I Sell 01/31/03 16,300 1.6300
Broken Arrow I Sell 01/31/03 26,300 1.5500
Broken Arrow I Sell 02/03/03 5,000 1.6900
Broken Arrow I Sell 02/03/03 1,000 1.6450
Broken Arrow I Sell 02/03/03 3,000 1.6700
Broken Arrow I Sell 02/03/03 2,500 1.7100
Broken Arrow I Sell 02/03/03 3,400 1.7200
Broken Arrow I Sell 02/03/03 6,200 1.6200
Broken Arrow I Sell 02/03/03 700 1.6300
Broken Arrow I Sell 02/03/03 100 1.7410
Broken Arrow I Sell 02/03/03 5,000 1.7500
Broken Arrow I Sell 02/03/03 14,900 1.7400
Broken Arrow I Sell 02/03/03 8,700 1.7300
Broken Arrow I Sell 02/03/03 300 1.7310
Broken Arrow I Sell 02/03/03 100 1.7210
Broken Arrow I Sell 02/03/03 11,500 1.6400
Broken Arrow I Sell 02/03/03 15,100 1.6500
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
1. Press Release of Strategic Software Holdings, LLC, dated
March 14, 2003.
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.
Dated: March 14, 2003
By: /s/ Rodney Bienvenu
--------------------------------------
Rodney Bienvenu, individually, and
as Chairman & CEO of Strategic
Software Holdings, LLC, for itself
and as general partner of Broken
Arrow I., L.P., and as a member of
Bienvenu Management, LLC
By: /s/ James Dennedy
--------------------------------------
James Dennedy, individually, and as
a member of Bienvenu Management, LLC
By: /s/ Scott A. Fine
--------------------------------------
Scott A. Fine, individually, and as
managing member of Empire GP,
L.L.C., and as general partner of
Empire Capital Partners, L.P.; and
as managing member of Empire Capital
Management, L.L.C., and as
attorney-in-fact of Charter Oak
Partners, L.P.
By: /s/ Peter J. Richards
--------------------------------------
Peter J. Richards, individually, and
as managing member of Empire GP,
L.L.C., and as general partner of
Empire Capital Partners, L.P.; and
as managing member of Empire Capital
Management, L.L.C., and as
attorney-in-fact of Charter Oak
Partners, L.P.
By: /s/ Edward Sanchez, Jr.
--------------------------------------
Edward Sanchez, Jr.
By: /s/ Sean P. Sears
--------------------------------------
Sean P. Sears