Home/Filings/4/0000921895-07-001802

4//SEC Filing

Starboard Value & Opportunity Fund, LLC 4

Accession 0000921895-07-001802

CIK 0001104017other

View on SEC.gov Company Profile

Filed

Aug 12, 8:00 PM ET

Accepted

Aug 13, 6:04 PM ET

Size

28.0 KB

Accession

0000921895-07-001802

Insider Transaction Report

Form 4

Period: 2007-08-09

I MANY INCIMNY

STARK MORGAN B

10% Owner

Transactions

Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+36,000$82,800→ 473,402 total(indirect: By LLC)
Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+189,000$434,700→ 801,659 total(indirect: By Starboard Master)

Holdings

Common Stock, $.0001 par value
(indirect: By Starboard Value)
1,683,698
Common Stock, $.0001 par value
(indirect: See Footnotes)
4,267,028

SOLOMON JEFFREY M

10% Owner

Transactions

Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+36,000$82,800→ 473,402 total(indirect: By LLC)
Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+189,000$434,700→ 801,659 total(indirect: By Starboard Master)

Holdings

Common Stock, $.0001 par value
(indirect: See Footnotes)
4,267,028
Common Stock, $.0001 par value
(indirect: By Starboard Value)
1,683,698

Starboard Value & Opportunity Master Fund Ltd

10% Owner

Transactions

Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+189,000$434,700→ 801,659 total(indirect: By Starboard Master)
Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+36,000$82,800→ 473,402 total(indirect: By LLC)

Holdings

Common Stock, $.0001 par value
(indirect: By Starboard Value)
1,683,698
Common Stock, $.0001 par value
(indirect: See Footnotes)
4,267,028

Starboard Value & Opportunity Fund, LLC

10% Owner

Transactions

Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+189,000$434,700→ 801,659 total(indirect: By Starboard Master)
Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+36,000$82,800→ 473,402 total(indirect: By LLC)

Holdings

Common Stock, $.0001 par value
(indirect: By Starboard Value)
1,683,698
Common Stock, $.0001 par value
(indirect: See Footnotes)
4,267,028

C4S & CO LLC

10% Owner

Transactions

Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+36,000$82,800→ 473,402 total(indirect: By LLC)
Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+189,000$434,700→ 801,659 total(indirect: By Starboard Master)

Holdings

Common Stock, $.0001 par value
(indirect: By Starboard Value)
1,683,698
Common Stock, $.0001 par value
(indirect: See Footnotes)
4,267,028

Parche, LLC

10% Owner

Transactions

Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+189,000$434,700→ 801,659 total(indirect: By Starboard Master)
Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+36,000$82,800→ 473,402 total(indirect: By LLC)

Holdings

Common Stock, $.0001 par value
(indirect: By Starboard Value)
1,683,698
Common Stock, $.0001 par value
(indirect: See Footnotes)
4,267,028

STRAUSS THOMAS W

10% Owner

Transactions

Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+36,000$82,800→ 473,402 total(indirect: By LLC)
Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+189,000$434,700→ 801,659 total(indirect: By Starboard Master)

Holdings

Common Stock, $.0001 par value
(indirect: See Footnotes)
4,267,028
Common Stock, $.0001 par value
(indirect: By Starboard Value)
1,683,698

RAMIUS LLC

10% Owner

Transactions

Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+36,000$82,800→ 473,402 total(indirect: By LLC)
Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+189,000$434,700→ 801,659 total(indirect: By Starboard Master)

Holdings

Common Stock, $.0001 par value
(indirect: See Footnotes)
4,267,028
Common Stock, $.0001 par value
(indirect: By Starboard Value)
1,683,698

COHEN PETER A

10% Owner

Transactions

Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+36,000$82,800→ 473,402 total(indirect: By LLC)
Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+189,000$434,700→ 801,659 total(indirect: By Starboard Master)

Holdings

Common Stock, $.0001 par value
(indirect: By Starboard Value)
1,683,698
Common Stock, $.0001 par value
(indirect: See Footnotes)
4,267,028

RCG STARBOARD ADVISORS, LLC

10% Owner

Transactions

Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+36,000$82,800→ 473,402 total(indirect: By LLC)
Purchase
Common Stock, $.0001 par value
2007-08-09$2.30/sh+189,000$434,700→ 801,659 total(indirect: By Starboard Master)

Holdings

Common Stock, $.0001 par value
(indirect: See Footnotes)
4,267,028
Common Stock, $.0001 par value
(indirect: By Starboard Value)
1,683,698

Footnotes (8)

[F1]Consists of Shares owned directly by Parche, LLC (Parche). As the managing member of Parche, RCG Starboard Advisors, LLC (RCG Starboard Advisors) may be deemed to beneficially own the Shares owned by Parche. As the sole member of RCG Starboard Advisors, Ramius Capital Group, L.L.C. (Ramius) may be deemed to beneficially own the Shares owned by Parche. As the managing member of Ramius, C4S & Co., L.L.C. (C4S) may be deemed to beneficially own the Shares owned by Parche. As the managing members of C4S, each of Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas W. Strauss may be deemed to beneficially own the Shares owned by Parche. Each of Messrs. Cohen, Stark, Solomon and Strauss, RCG Starboard Advisors, Ramius and C4S disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
[F2]Consists of Shares owned directly by Starboard Value and Opportunity Master Fund, Ltd. (Starboard). As the investment manager of Starboard, RCG Starboard Advisors may be deemed to beneficially own the Shares owned by Starboard. As the sole member of RCG Starboard Advisors, Ramius may be deemed to beneficially own the Shares owned by Starboard. As the managing member of Ramius, C4S may be deemed to beneficially own the Shares owned by Starboard. As the managing members of C4S, each of Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas W. Strauss may be deemed to beneficially own the Shares owned by Starboard. Each of Messrs. Cohen, Stark, Solomon and Strauss, RCG Starboard Advisors, Ramius and C4S disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
[F3]Consists of Shares held by Starboard Value & Opportunity Fund, LLC (Starboard Value). Each of Messrs. Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas W. Strauss is an authorized signatory for RCG Starboard Advisors, the managing member of Starboard Value, and is also a managing member of C4S, the managing member of Ramius. Each of Messrs. Cohen, Stark, Solomon and Strauss, Ramius, C4S and RCG Starboard Advisors may be deemed to be a beneficial owner of the shares held by Starboard Value. Each of Messrs. Cohen, Stark, Solomon and Strauss, Ramius, C4S and RCG Starboard Advisors disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
[F4]Ramius Securities, L.L.C. (Ramius Securities), RCG Ambrose Master Fund, Ltd. (RCG Ambrose) and RCG Halifax Fund, Ltd. (RCG Halifax) beneficially own 817,696 shares, 2,841,324 shares and 478,101 shares of Common Stock, respectively. As the managing member of Ramius Securities and the investment advisor of RCG Ambrose and RCG Halifax, Ramius may be deemed to beneficially own the 817,696 shares, 2,841,324 shares and 478,101 shares of Common Stock beneficially owned by Ramius Securities, RCG Ambrose and RCG Halifax, respectively.
[F5](continuation of previous footnote) As the managing member of Ramius, C4S may be deemed to beneficially own the 817,696 shares, 2,841,324 shares, and 478,101 shares of Common Stock beneficially owned by Ramius Securities, RCG Ambrose and RCG Halifax, respectively. As the managing members of C4S, each of Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas W. Strauss may be deemed to beneficially own the 817,696 shares, 2,841,324 shares, and 478,101 shares of Common Stock beneficially owned by Ramius Securities, RCG Ambrose and RCG Halifax. Each of Messrs. Cohen, Stark, Solomon and Strauss disclaims beneficial ownership of such shares of Common Stock.
[F6]Except for Messrs. Cohen, Stark, Solomon and Strauss who have disclaimed beneficial ownership above, each Reporting Person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
[F7]Pursuant to a Joint Filing Agreement dated August 22, 2005, Arthur Rosen became a member of a 13(d) group together with the other Reporting Persons. As a result, the Reporting Persons may be deemed to indirectly own the 13,000 shares of Common Stock beneficially owned by Mr. Rosen. The other Reporting Persons disclaim beneficial ownership of the shares owned by Mr. Rosen. Mr. Rosen disclaims beneficial ownership of the shares of Common Stock owned by all other Reporting Persons.
[F8]Pursuant to a Joint Filing Agreement dated August 22, 2005, Mark R. Mitchell became a member of a 13(d) group together with the other Reporting Persons. As a result, the Reporting Persons may be deemed to indirectly own the 116,907 shares of Common Stock beneficially owned by Mr. Mitchell. The other Reporting Persons disclaim beneficial ownership of the shares owned by Mr. Mitchell. Mr. Mitchell disclaims beneficial ownership of the shares of Common Stock owned by all other Reporting Persons.

Documents

1 file

4
ram48.xmlPrimary

Issuer

I MANY INC

CIK 0001104017

→

Entity typeother

IncorporatedDE

Related Parties

filerCIK 0001329988

Filing Metadata

Form type: 4
Filed: Aug 12, 8:00 PM ET
Accepted: Aug 13, 6:04 PM ET
Size: 28.0 KB

View on SEC.gov