3//SEC Filing
KEMPER BD ENHANCED SEC TR SER 7 & SER 8 TOTAL RETURN 3
Accession 0001179110-06-019915
CIK 0000810774other
Filed
Oct 15, 8:00 PM ET
Accepted
Oct 16, 6:44 PM ET
Size
24.5 KB
Accession
0001179110-06-019915
Insider Transaction Report
Form 3
Holdings
- 1,261,034(indirect: See footnotes)
Common Stock, $.001 par value
- 240,198(indirect: See footnotes)
Common Stock, $.001 par value
- (indirect: See footnotes)
Performance Grant
→ Common Stock
Footnotes (6)
- [F1]The Reporting Persons are members of the Knightspoint Group, which consists of Knightspoint Partners II, L.P. ("Knightspoint"), Michael Koeneke, David Meyer, Knightspoint Partners LLC, Peter A. Cohen, Morgan B. Stark, Thomas W. Strauss, Jeffrey M. Solomon, Ramius Capital Group, L.L.C. ("Ramius"), Knightspoint Capital Management II LLC, Parche, LLC ("Parche"), Admiral Advisors, LLC ("Admiral"), Starboard Value and Opporutnity Master Fund Ltd. ("Starboard"), C4S & Co., L.L.C. ("C4S"), Black Sheep Partners, LLC, Black Sheep Partners II, LLC and Brian Black.
- [F2]Starboard and Parche directly own 1,261,034 and 240,198 shares of Common Stock, respectively. As the investment manager of Starboard and the managing member of Parche, Admiral may be deemed to beneficially own the 1,261,034 shares and the 240,198 shares, respectively, of Common Stock beneficially owned by Starboard and Parche. As the sole member of Admiral, Ramius may be deemed to beneficially own the 1,261,034 shares and the 240,198 shares, respectively, of Common Stock beneficially owned by Starboard and Parche. As the managing member of Ramius, C4S may be deemed to beneficially own the 1,261,034 shares and 240,098 shares of Common Stock beneficially owned by Starboard and Parche, respectively.
- [F3]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 1,261,034 shares and 240,198 shares of Common Stock beneficially owned by Starboard and Parche, respectively. Each of Messrs. Cohen, Stark, Solomon and Strauss disclaims beneficial ownership of such shares of Common Stock.
- [F4]Black Sheep Partners, LLC and Black Sheep Partners II, LLC directly own 34,842 shares and 26,836 shares of Common Stock, respectively. As the managing director of Black Sheep Partners, LLC and Black Sheep Partners II, LLC, Messrs. Black may be deemed to beneficially own the 34,842 shares and 26,836 shares of Common Stock beneficially owned by Black Sheep Partners, LLC and Black Sheep Partners II, LLC.
- [F5]For services provided in connection with their investment in Ashworth, Inc., Knightspoint Partners LLC receives an amount equal to 11% of the profits realized by Parche and Starboard on their investment in Ashworth, Inc., which currently consists of 1,501,232 shares of Common Stock of Ashworth, Inc. Knightspoint Partners also receives an amount equal to 15% of the profits realized by Blacksheep Partners, LLC and Black Sheep Partners II, LLC on their investment in Ashworth, Inc. which currently consists of 61,678 shares of Common Stock of Ashworth, Inc. "Profits" are defined as pre-tax capital gains (losses) plus dividends less applicable broker fees and allocated Transaction Expenses. "Transaction Expenses" are defined as any direct expenses incurred by the group in connection with the investment including documented legal, travel and other "out of pocket" expenses.
- [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.
Documents
Issuer
KEMPER BD ENHANCED SEC TR SER 7 & SER 8 TOTAL RETURN
CIK 0000810774
Entity typeother
IncorporatedIL
Related Parties
1- filerCIK 0000810774
Filing Metadata
- Form type
- 3
- Filed
- Oct 15, 8:00 PM ET
- Accepted
- Oct 16, 6:44 PM ET
- Size
- 24.5 KB