-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, N98miEqzlPx9132LfOjFnfwla8deU+PG3hk+60OOVRmvclC2+f2LBjznUQyCUo41 xGqL+CFqxpEsAr8oT2Zdxw== /in/edgar/work/0000898432-00-000701/0000898432-00-000701.txt : 20001005 0000898432-00-000701.hdr.sgml : 20001005 ACCESSION NUMBER: 0000898432-00-000701 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20001004 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FLEXIINTERNATIONAL SOFTWARE INC/CT CENTRAL INDEX KEY: 0001015464 STANDARD INDUSTRIAL CLASSIFICATION: [7372 ] IRS NUMBER: 061309427 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-52727 FILM NUMBER: 734748 BUSINESS ADDRESS: STREET 1: 2 ENTERPRISE DRIVE CITY: SHELTON STATE: CT ZIP: 06484 BUSINESS PHONE: 2039253040 MAIL ADDRESS: STREET 1: TWO ENTERPRISE DRIVE CITY: SHELTON STATE: CT ZIP: 06484 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WR HAMBRECHT & CO LLC CENTRAL INDEX KEY: 0001092683 STANDARD INDUSTRIAL CLASSIFICATION: [ ] IRS NUMBER: 943289837 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 550 15TH STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94103 BUSINESS PHONE: 4155518657 MAIL ADDRESS: STREET 1: 550 15TH STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94103 SC 13D/A 1 0001.txt Page 1 of 10 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No.1)* FLEXIINTERNATIONAL SOFTWARE, INC. (Name of Issuer) Common Stock (Title of Class of Securities) 338923 10 5 (CUSIP Number) Michael P. Moran WR Hambrecht & Co. LLC 550 15th Street San Francisco, CA 94107 (415) 551-8657 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) 9/18/00 (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 that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. Note: Schedules filed in paper format shall include a signed original and five copies of this schedule, including all exhibits. See ss.240.13d-7(b) for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 CUSIP No. 338923 10 5 Page 2 of 10 ("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). CUSIP No. 338923 10 5 Page 3 of 10
SCHEDULE 13D - -------------------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) WR Hambrecht & Co. LLC 943289837 - -------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (X) (b) ( ) - -------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) WC - -------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ( ) - -------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY None OWNED BY EACH REPORTING PERSON WITH ---------------------------------------------------------------------------- 8 SHARED VOTING POWER 1,511,666 ---------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER None ---------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 1,511,666 - -------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,511,666 - -------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)( ) - -------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.6% - -------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) BD - --------------------------------------------------------------------------------------------
CUSIP No. 338923 10 5 Page 4 of 10
SCHEDULE 13D - -------------------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) William R. Hambrecht - -------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (X) (b) ( ) - -------------------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) PF, AF - -------------------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ( ) - -------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES 616,962 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------------------------------------------------------ 8 SHARED VOTING POWER 1,511,666 ------------------------------------------------------------------------------ 9 SOLE DISPOSITIVE POWER 616,962 ------------------------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER 1,511,666 - -------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,128,628 (1) - -------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ( ) - -------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.0% - -------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - -------------------------------------------------------------------------------------------- (1) Mr. Hambrecht has a 23.4% ownership interest in WR Hambrecht & CO. LLC (the "LLC"). The LLC directly owns 1,511,666 shares of Flexiinternational Software, Inc. Mr. Hambrecht directly owns 616,962 shares of Flexiinternational Software, Inc. Mr. Hambrecht disclaims beneficial ownership of all the shares of Flexiinternational Software, Inc. held directly by the LLC other than with respect to 353,730 shares represented by his proportionate ownership interest in the LLC.
CUSIP No. 338923 10 5 Page 5 of 10 Statement on Schedule 13D This filing is the First Amendment on Schedule 13D of WR Hambrecht & Co. LLC ("LLC") and William R. Hambrecht with respect to the beneficial ownership by the LLC and Mr. Hambrecht of shares of common stock, $.01 par value per share ("Common Stock"), of Flexiinternational Software, Inc., a Delaware corporation ("Issuer"). The filing of this Schedule 13D ("Amended Statement") is occasioned by the purchase of 72,000 shares as described in Item 5(c) below. To the extent that any information is provided herein with respect to the Issuer, such information is provided to the knowledge of the LLC and Mr. Hambrecht. ITEM 1. SECURITY AND ISSUER. The Amended Statement relates to shares of the Common Stock, $.01 par value per share, of Flexiinternational, Inc., a Delaware corporation. The address of the Issuer's principal executive offices is Two Enterprise Drive, Shelton, Connecticut 06484. ITEM 2. IDENTITY AND BACKGROUND. The Amended Statement is being filed jointly by William R. Hambrecht and the LLC. (a) (i) WR Hambrecht & Co. LLC. (ii) William R. Hambrecht. (b) (i) The LLC's principal business address is 550 15th Street, San Francisco, CA 94103. (ii) Mr. Hambrecht's principal address is 550 15th Street, San Francisco, CA 94103. (c) (i) The LLC is a Broker/Dealer. (ii) Mr. Hambrecht is the sole Manager of the LLC. (d) During the past five years, neither the LLC nor Mr. Hambrecht has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the past five years, neither the LLC or Mr. Hambrecht has been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding CUSIP No. 338923 10 5 Page 6 of 10 was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding any violations with respect to such laws. (f) (i) The LLC is organized under the laws of the State of Delaware. (ii) Mr. Hambrecht is a citizen of the United States of America. ITEM 3 SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Working Capital of the LLC. ITEM 4. PURPOSE OF TRANSACTION. The acquisitions of Common Stock by the LLC were made in connection with its role as a market maker of Issuer. Except as noted below, neither Mr. Hambrecht nor the LLC has any present plans or proposals that relate to or would result in or cause: (a) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) any material change in the present capitalization or dividend policy of the Issuer; (f) any other material change in the Issuer's business or corporate structure; (g) changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person; CUSIP No. 338923 10 5 Page 7 of 10 (h) a class of securities of the Issuer to be de-listed from a national securities exchange or to cease to be authorized to be quoted in an interdealer quotation system of a registered national securities association; (i) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. The filing persons reserve the right to adopt such plans and proposals subject to applicable regulatory requirements, if any; and to transfer securities of the Issuer directly and/or sell securities of the Issuer in the open market. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) According to the Issuer, there were 17,688,595 shares of Common Stock outstanding as of August 7, 2000. The LLC currently directly owns 1,511,666 shares of the Issuer's Common Stock, representing 8.6% of the outstanding Common Stock. Mr. Hambrecht directly owns 616,962 shares of Common Stock of the Issuer. Mr. Hambrecht, as the sole Manager of the LLC, has indirect beneficial ownership of the 1,511,666 shares of Common Stock owned by the LLC. Mr. Hambrecht also has a 23.4% ownership interest in the corporation that owns 100% of the LLC. Accordingly, Mr. Hambrecht disclaims beneficial ownership of all shares of the Issuer held by the LLC other than with respect to 353,730 shares representing his proportionate ownership interest in the LLC. (b) The LLC and Mr. Hambrecht each have shared voting power and dispositive power over the 1,511,666 shares of Common Stock held by the LLC. (c) Except as set forth below, neither Mr. Hambrecht nor the LLC has effected any transaction involving the Issuer's Common Stock during the 60 days prior to the date of this Amended Statement. Subsequent to August 1, 2000, the LLC made the following open market purchases or sales of Common Stock (these items were purchases or sales made by the LLC in its capacity as market maker for the Common Stock and are a net of all market making transactions on that day with an average price. All dates shown are settlement dates): CUSIP No. 338923 10 5 Page 8 of 10 1. Purchase of 2,407 shares of Common Stock on August 9, 2000 at $0.28 per share; 2. Purchase of 5,420 shares of Common Stock on August 10, 2000 at $0.25 per share; 3. Purchase of 36,000 shares of Common Stock on August 11, 2000 at $.14 per share; 4. Purchase of 15,000 shares of Common Stock on August 14, 2000 at $0.11 per share; 5. Sale of 5,000 shares of Common Stock on August 17, 2000 at $0.195 per share; 6. Purchase of 10,000 shares of Common Stock on August 23, 2000 at $0.17 per share; 7. Purchase of 5,000 shares of Common Stock on September 1, 2000 at $0.18 per share; 8. Sale of 5,000 shares of Common Stock on September 12, 2000 at $0.18 per share; 9. Purchase of 41,666 shares of Common Stock on September 15, 2000 at $0.18 per share; 10. Purchase of 72,000 shares of Common Stock on September 18, 2000 at $0.18 per share; 11. Purchase of 34,000 shares of Common Stock on September 20, 2000 at $0.17 per share; 12. Purchase of 8,000 shares of Common Stock on September 21, 2000 at $0.17 per share; 13. Purchase of 5,000 shares of Common Stock on September 25, 2000 at $0.17 per share; and 14. Purchase of 55,000 shares of Common Stock on September 27, 2000 at $0.19 per share. (d) Except as set forth in this Amended Statement, no other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities of the Issuer that are owned beneficially by the reporting persons. CUSIP No. 338923 10 5 Page 9 of 10 (e) Item 5(e) is not applicable to this Amended Statement. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit A-Joint Filing Agreement dated as of October 3, 2000. CUSIP No. 338923 10 5 Page 10 of 10 SIGNATURES 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. Date: October 3, 2000 /s/ William R. Hambrecht ------------------------------------- William R. Hambrecht WR Hambrecht & Co. LLC By: William R. Hambrecht, Manager /s/ William R. Hambrecht ------------------------------------- William R. Hambrecht EXHIBIT A Joint Filing Agreement William R. Hambrecht and WR Hambrecht & Co. LLC ("Filing Persons") hereby agree to file jointly a Schedule 13D and any amendments thereto relating to the common stock, $.01 par value per share, of Flexiinternational Software, Inc., a Delaware corporation, as permitted by Rule 13d-1 promulgated under the Securities Exchange Act of 1943, as amended. Each of the Filing Persons agrees that the information set forth in such Schedule 13D and any amendments thereto with respect to such Filing Person will be true, complete and correct as of the date of such Schedule 13D or such amendment, to the best of such Filing Person's knowledge and belief, after reasonable inquiry. Each of the Filing Persons makes no representations as to the accuracy or adequacy of the information set forth in the Schedule 13D or any amendments thereto with respect to any other Filing Person. Each of the Filing Persons shall promptly notify the other Filing Person if any of the information set forth in the Schedule 13D or any amendments thereto shall become inaccurate in any material respect or if said person learns of information that would require an amendment to the Schedule 13D. IN WITNESS WHEREOF, the undersigned have set their hands this 3rd day of October, 2000. /s/ William R. Hambrecht ------------------------------------- William R. Hambrecht WR Hambrecht & Co. LLC By: William R. Hambrecht, Manager /s/ William R. Hambrecht ------------------------------------- William R. Hambrecht -----END PRIVACY-ENHANCED MESSAGE-----