-----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, G+yGjJI+buERrtgztVEPrPVbRVnnZQE6PFQrvoR2ijZAZcdA879X9OyZci4UXhR/ Cw99Jzm0R6+oO0vV4ntq3g== 0000950133-07-000213.txt : 20070124 0000950133-07-000213.hdr.sgml : 20070124 20070124164620 ACCESSION NUMBER: 0000950133-07-000213 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070124 DATE AS OF CHANGE: 20070124 GROUP MEMBERS: JEFFREY D ZIENTS SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PDI INC CENTRAL INDEX KEY: 0001054102 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 222919486 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-57799 FILM NUMBER: 07550200 BUSINESS ADDRESS: STREET 1: SADDLE RIVER EXECUTIVE CENTRE STREET 2: 1 ROUTE 17 SOUTH CITY: SADDLE RIVER STATE: NJ ZIP: 07458 BUSINESS PHONE: 2012588450 MAIL ADDRESS: STREET 1: SADDLE RIVER EXECUTIVE CENTRE STREET 2: 1 ROUTE 17 SOUTH CITY: SADDLE RIVER STATE: NJ ZIP: 07458 FORMER COMPANY: FORMER CONFORMED NAME: PROFESSIONAL DETAILING INC DATE OF NAME CHANGE: 19980129 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Portfolio Logic LLC CENTRAL INDEX KEY: 0001301467 IRS NUMBER: 320092779 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 600 NEW HAMPSHIRE AVENUE, NW STREET 2: 8TH FLR CITY: WASHINGTON STATE: DC ZIP: 20037 BUSINESS PHONE: 202-672-5751 MAIL ADDRESS: STREET 1: 600 NEW HAMPSHIRE AVENUE, NW STREET 2: 8TH FLR CITY: WASHINGTON STATE: DC ZIP: 20037 FORMER COMPANY: FORMER CONFORMED NAME: Theory Capital LLC DATE OF NAME CHANGE: 20040825 SC 13G/A 1 w29379sc13gza.htm PDI,INC. SCHEDULE 13G/A AMENDMENT NO.1 sc13gza
 

     
 
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

PDI, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
69329V100
(CUSIP Number)
December 31, 2006
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     o Rule 13d-1(c)

     þ Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting 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 the disclosures provided in a prior cover page.

The information required in 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).

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.

 
 


 

CUSIP No.
      Page 
2
 of 
7
 Pages
 

 

           
1   NAMES OF REPORTING PERSONS:
Portfolio Logic, LLC
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
    32-0092779
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)   o
  (b)   þ
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Delaware USA
       
  5   SOLE VOTING POWER:
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   940,272
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    940,272
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  940,272
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  6.68%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  OO


 

CUSIP No.
      Page 
3
 of 
7
 Pages
 

 

           
1   NAMES OF REPORTING PERSONS:
Jeffrey D Zients
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)   o
  (b)   þ
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  USA
       
  5   SOLE VOTING POWER:
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   940,272
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    940,272
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  940,272
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  6.68%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  IN


 

CUSIP No.
      Page 
4
 of 
7
 Pages
 
     
Item 1(a).
  Name of Issuer
 
   
 
  PDI, Inc.
 
   
Item 1(b).
  Address of Issuer’s Principal Executive Offices
 
   
 
  Saddle River Executive Centre
 
  1 Route 17 South
 
  Saddle River, NJ 07458
 
   
Item 2(a).
  Name of Person Filing
 
   
 
 
(1)      Portfolio Logic LLC
 
 
(2)      Jeffrey D. Zients
 
   
Item 2(b).
  Address of Principal Business Office, or, if none, Residence
 
   
 
 
(1)    600 New Hampshire Avenue, NW
9th floor
Washington, DC 20037
 
 
(2)    600 New Hampshire Avenue, NW
9th Floor
Washington, DC 20037
 
   
Item 2(c).
  Citizenship
 
 
(1)      Delaware USA
 
 
(2)      USA
 
   
Item 2(d).
  Title of Class of Securities
 
   
 
  Common Stock
 
   
Item 2(e).
  CUSIP Number
 
  69329V100
 
   
Item 3.
  If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check
 
  whether the person filing is a:
 
   
 
  (a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
 
   
 
  (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
 
   
 
  (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
 
   
 
  (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
 
   
 
  (e) o An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
 
   
 
  (f) o An employee benefit plan or endowment fund in accordance with §240.13d-

 


 

CUSIP No.
      Page 
5
 of 
7
 Pages
 
     
 
  1(b)(1)(ii)(F);
 
   
 
  (g) o A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
 
   
 
  (h) o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
   
 
  (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
 
   
 
  (j) o Group, in accordance with §240.13d-1(b)(1)(ii)(J).
 
   
Item 4.
  Ownership
 
   
 
 
(a)      Amount Beneficially Owned: 940,272
 
   
 
 
(b)      Percent of class: 6.68%.
 
   
 
 
(c)      Number of shares as to which such person has:
  (i)   Sole power to vote or to direct the vote:        0  .
 
  (ii)   Shared power to vote or to direct the vote: 940,272.
 
  (iii)   Sole power to dispose or to direct the disposition of:        0  .
 
  (iv)   Shared power to dispose or to direct the disposition of: 940,272.
     
Item 5.
  Ownership of Five Percent or Less of a Class
 
   
 
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: o
 
   
Item 6.
  Ownership of More Than Five Percent on Behalf of Another Person
 
   
 
  Not Applicable
 
   
Item 7.
  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
 
   
 
  Not Applicable
 
   
Item 8.
  Identification and Classification of Members of the Group
 
   
 
  Not Applicable
 
   
Item 9.
  Notice of Dissolution of Group
 
   
 
  Not Applicable

 


 

CUSIP No.
      Page 
6
 of 
7
 Pages
 
     
Item 10.
  Certification
 
   
 
  By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 


 

CUSIP No.
      Page 
7
 of 
7
 Pages
 
SIGNATURE
     After reasonable inquiry and to the best of the undersigned’s knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated as of January 24, 2007.
         
PORTFOLIO LOGIC LLC    
 
       
By:
  /s/ Jeffrey D. Zients    
 
 
 
Jeffrey D. Zients
   
 
  Managing Member    
 
       
JEFFREY D. ZIENTS    
 
       
By:
  /s/ Jeffrey D. Zients    
 
 
 
Jeffrey D. Zients
   

 

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