-----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, OrzeVhCm7fafCWloyI/eXR8dLdcWxH2buaaaY9Ft0o8EwA0WRB07vZqxpAuWacxx XrYhWnAAtt+AF0WaBB0sKw== 0000914760-04-000151.txt : 20040824 0000914760-04-000151.hdr.sgml : 20040824 20040824133209 ACCESSION NUMBER: 0000914760-04-000151 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20040824 DATE AS OF CHANGE: 20040824 GROUP MEMBERS: ADMIRAL ADVISORS, LLC GROUP MEMBERS: ARCADIA CAPITAL MANAGEMENT, LLC GROUP MEMBERS: ARCADIA PARTNERS, L.P. GROUP MEMBERS: C4S & CO., LLC GROUP MEMBERS: JEFFREY M. SOLOMON GROUP MEMBERS: MITCHELL-WRIGHT TECHNOLOGY GROUP, LLC GROUP MEMBERS: MITCHELL-WRIGHT, LLC GROUP MEMBERS: MORGAN B. STARK GROUP MEMBERS: PARCHE, LLC GROUP MEMBERS: PETER A. COHEN GROUP MEMBERS: RAMIUS CAPITAL GROUP, LLC GROUP MEMBERS: RICHARD ROFE GROUP MEMBERS: SSH PARTNERS I, LP GROUP MEMBERS: STARBOARD VALUE & OPPORTUNITY FUND, LLC GROUP MEMBERS: THOMAS W. STRAUSS FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DENNEDY JIM CENTRAL INDEX KEY: 0001249723 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: C/O NAVISITE INC STREET 2: 400 MINUTEMAN ROAD CITY: ANDOVER STATE: MA ZIP: 01810 BUSINESS PHONE: 9789467915 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ART TECHNOLOGY GROUP INC CENTRAL INDEX KEY: 0001086195 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 043141918 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-56593 FILM NUMBER: 04993593 BUSINESS ADDRESS: STREET 1: 25 FIRST STREET CITY: CAMBRIDGE STATE: MA ZIP: 02141 BUSINESS PHONE: 6173861000 MAIL ADDRESS: STREET 1: 25 FIRST STREET CITY: CAMBRIDGE STATE: MA ZIP: 02141 SC 13D 1 a09900_13d.txt AUGUST 24, 2004 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ___)* ART TECHNOLOGY GROUP, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) CUSIP NO. 458727 20 3 - -------------------------------------------------------------------------------- (CUSIP Number) James H. Dennedy Richard S. Rofe Mitchell-Wright Technology Group, LLC Mitchell-Wright Technology Group, LLC 8060 Montgomery Road, Suite 205 185 Great Neck Road, Suite 460 Cincinnati, OH 45236 Great Neck, NY 11020 - -------------------------------------------------------------------------------- (513) 792-5100 (516) 466-5258 - -------------------------------------------------------------------------------- Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications August 18, 2004 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of This Statement) If the person filing 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. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. |X| NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. *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). SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 2 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). SSH Partners I, LLP - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 125,000 --------------------------------- (8) Shared Voting Power 0 --------------------------------- (9) Sole Dispositive Power 125,000 --------------------------------- (10) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 125,000 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 0.2% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -2- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 3 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). Mitchell-Wright Technology Group, LLC 41-2142179 - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 125,000 --------------------------------- (8) Shared Voting Power 0 --------------------------------- (9) Sole Dispositive Power 125,000 --------------------------------- (10) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 125,000 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 0.2% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -3- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 4 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). Mitchell-Wright, LLC - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 125,000 --------------------------------- (8) Shared Voting Power 0 --------------------------------- (9) Sole Dispositive Power 125,000 --------------------------------- (10) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 125,000 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 0.2% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -4- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 5 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). James Dennedy - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 USA - -------------------------------------------------------------------------------- Number of Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 145,000 --------------------------------- (8) Shared Voting Power 0 --------------------------------- (9) Sole Dispositive Power 145,000 --------------------------------- (10) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 145,000 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 0.2% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -5- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 6 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). Arcadia Partners, L.P. - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 36,477 --------------------------------- (8) Shared Voting Power 0 --------------------------------- (9) Sole Dispositive Power 36,477 --------------------------------- (10) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 36,477 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 0.0% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -6- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 7 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). Arcadia Capital Management, LLC - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 36,477 ---------------------------------- (8) Shared Voting Power 0 ---------------------------------- (9) Sole Dispositive Power 36,477 ---------------------------------- (10) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 36,477 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 0.0% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -7- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 8 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). Richard Rofe - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 USA - -------------------------------------------------------------------------------- Number of Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 171,977 --------------------------------- (8) Shared Voting Power 0 --------------------------------- (9) Sole Dispositive Power 171,977 --------------------------------- (10) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 171,977 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 0.2% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -8- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 9 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). Parche, LLC 20-0870632 - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 0 --------------------------------- (8) Shared Voting Power 604,453 --------------------------------- (9) Sole Dispositive Power --------------------------------- (10) Shared Dispositive Power 604,453 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 604,453 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 0.8% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -9- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 10 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). Starboard Value & Opportunity Fund, LLC - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 0 --------------------------------- (8) Shared Voting Power 3,173,383 --------------------------------- (9) Sole Dispositive Power 0 --------------------------------- (10) Shared Dispositive Power 3,173,383 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,173,383 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 4.3% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -10- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 11 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). Admiral Advisors, LLC - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 0 --------------------------------- (8) Shared Voting Power 3,777,836 --------------------------------- (9) Sole Dispositive Power 0 --------------------------------- (10) Shared Dispositive Power 3,777,836 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,777,836 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 5.1% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -11- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 12 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). Ramius Capital Group, LLC - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 0 --------------------------------- (8) Shared Voting Power 3,777,836 --------------------------------- (9) Sole Dispositive Power 0 --------------------------------- (10) Shared Dispositive Power 3,777,836 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,777,836 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 5.1% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -12- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 13 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). C4S & Co., LLC - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 0 --------------------------------- (8) Shared Voting Power 3,777,836 --------------------------------- (9) Sole Dispositive Power 0 --------------------------------- (10) Shared Dispositive Power 3,777,836 - ------------------------------------------------------------ ------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,777,836 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 5.1% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -13- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 14 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). Peter A. Cohen - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 USA - -------------------------------------------------------------------------------- Number of Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 0 --------------------------------- (8) Shared Voting Power 3,777,836 --------------------------------- (9) Sole Dispositive Power 0 --------------------------------- (10) Shared Dispositive Power 3,777,836 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,777,836 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 5.1% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -14- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 15 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). Morgan B. Stark - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 USA - -------------------------------------------------------------------------------- Number of Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 0 --------------------------------- (8) Shared Voting Power 3,777,836 --------------------------------- (9) Sole Dispositive Power 0 --------------------------------- (10) Shared Dispositive Power 3,777,836 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,777,836 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 5.1% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -15- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 16 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). Jeffrey M. Solomon - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 USA - -------------------------------------------------------------------------------- Number of Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 0 --------------------------------- (8) Shared Voting Power 3,777,836 --------------------------------- (9) Sole Dispositive Power 0 --------------------------------- (10) Shared Dispositive Power 3,777,836 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,777,836 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 5.1% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -16- SCHEDULE 13D CUSIP NO. 458727 20 3 PAGE 17 OF 29 PAGES - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or Identification Nos. of above persons (entities only). Thomas W. Strauss - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) /x/ of a Group (See Instructions) (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 USA - -------------------------------------------------------------------------------- Number of Shares Beneficially Owned by Each (7) Sole Voting Power Reporting Person with: 0 --------------------------------- (8) Shared Voting Power 3,777,836 --------------------------------- (9) Sole Dispositive Power 0 --------------------------------- (10) Shared Dispositive Power 3,777,836 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,777,836 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) // - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 5.1% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -17- ITEM 1. SECURITY AND ISSUER This statement relates to shares of the Common Stock, par value $0.01 per share ("Common Stock"), of Art Technology Group, Inc., a Delaware corporation (the "Issuer"). The principal executive offices of the issuer are located at 25 First Street, Cambridge, Massachusetts 02141. ITEM 2. IDENTITY AND BACKGROUND (a) - (c), (f) This Statement is filed by a group consisting of SSH Partners I, LP, Mitchell-Wright Technology Group, LLC, Mitchell-Wright, LLC, James Dennedy, Arcadia Partners, L.P., Arcadia Capital Management, LLC, Richard Rofe, Parche, LLC, Starboard Value & Opportunity Fund, LLC, Admiral Advisors, LLC, Ramius Capital Group, LLC, C4S & Co., LLC, Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon, and Thomas W. Strauss (collectively, the "Reporting Persons"). SSH Partners I, LP, is a Delaware limited liability engaged in investing in undervalued companies especially those in enterprise software or other technology businesses and taking an active role in the management of portfolio companies in order to enhance shareholder value. The address of the principal offices of SSH Partners I, LP is 8060 Montgomery Road, Suite 205, Cincinnati, OH 45236. The general partner of SSH Partners I, LP is Mitchell-Wright Technology Group, LLC, a Delaware limited liability company that is engaged in money management and investment advisory services for third parties. The address of the principal offices of Mitchell-Wright Technology Group, LLC is 8060 Montgomery Road, Suite 205, Cincinnati, OH 45236. The Managing Member of Mitchell-Wright Technology Group, LLC is Mitchell-Wright, LLC, a Delaware limited liability company that was formed for the purpose of being the Managing Member of Mitchell-Wright Technology Group, LLC. The address of the principal offices of Mitchell-Wright, LLC is 8060 Montgomery Road, Suite 205, Cincinnati, OH 45236.The Managing Member of Mitchell-Wright, LLC is James Dennedy. James Dennedy is a United States citizen whose business address is 8060 Montgomery Road, Suite 205, Cincinnati, OH 45236. Mr. Dennedy's principal occupation is serving as a founding member of Mitchell-Wright, LLC. Arcadia Partners, L.P. is a Delaware limited partnership engaged in investing in public equities using various strategies. The address of the principal business and principal offices of Arcadia Partners, L.P. is 185 Great Neck Road, Suite 460, Great Neck, NY 11021. Arcadia Capital Management, LLC is the general partner of Arcadia Partners, L.P. Arcadia Capital Management, LLC is a Delaware limited liability company which was formed to serve as the general partner of Arcadia Partners, L.P. The address of the principal business and principal offices of Arcadia Capital Management, LLC is 185 Great Neck Road, Suite 460, Great Neck, NY 11021. Richard Rofe is the sole member of Arcadia Capital Management, LLC. Richard Rofe is a United States citizen whose business address is 185 Great Neck Road, Suite 460, Great Neck, NY 11021. Mr. Rofe's principal occupation is serving as a founding member of Mitchell-Wright Technology Group, LLC. Each of Starboard Value & Opportunity Fund, LLC and Parche, LLC is a Delaware limited liability company formed for the purpose of making equity investments and, on occasion, taking an active role in the management of portfolio companies in order to enhance shareholder value. The address of the principal offices of Starboard Value & Opportunity Fund, LLC and Parche, LLC is 666 Third Avenue, 26th Floor, New York, New York 10017. The managing member of each of Starboard Value & Opportunity Fund, LLC and Parche, LLC is Admiral Advisors, LLC. The sole member of Admiral Advisors, LLC is Ramius Capital Group, LLC. Ramius Capital Group, LLC is a Delaware limited -18- liability company that is engaged in money management and investment advisory services for third parties and proprietary accounts. The address of the principal offices of Ramius Capital Group, LLC is 666 Third Avenue, 26th Floor, New York, New York 10017. The Managing Member of Ramius Capital Group, LLC is C4S & Co., LLC, a Delaware limited liability company formed to be the managing member of Ramius Capital Group, LLC. The address of the principal offices of C4S & Co., LLC is 666 Third Avenue, 26th Floor, New York, New York 10017. Each of Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas W. Strauss is a United States citizen and a managing member of C4S & Co., LLC. The business address of each of Messrs. Cohen, Stark, Solomon and Strauss is 666 Third Avenue, 26th Floor, New York, New York 10017. Each of Messrs. Cohen's, Stark's, Solomon's and Strauss' principal occupation is serving as a managing member of Ramius Capital Group, LLC. (d) - (e) During the last five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding 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 violation with respect to such laws. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION All purchase of Common Stock by the Reporting Persons were made in open market transaction described in the attached Schedule. All such purchases of Common Stock by each of the Reporting Persons other than James Dennedy were funded by working capital, which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business. The shares of Common Stock purchased by James Dennedy were purchased with personal funds. The amount of funds expended for such purchases was $172,178 by SSH Partners I, LP, $29,929 by James Dennedy, $40,364 by Arcadia Partners, L.P., $175,234 by Richard Rofe, $443,163 by Parche, LLC, and $3,113,774 by Starboard Value & Opportunity Fund, LLC. ITEM 4. PURPOSE OF THE TRANSACTION The Reporting Persons, each and collectively acting upon the advice of Mitchell-Wright Technology Group, LLC ("MWTG"), acquired beneficial ownership of the shares of Common Stock to which this Schedule 13D relates for investment purposes. In addition, as described below, the Reporting Persons acquired beneficial ownership of the shares of Common Stock to which this Schedule 13D relates for the possible purpose of exerting influence over the direction of the Company. MWTG's primary interest is to maximize the value of its investment on behalf of the Reporting Persons. MWTG considers the Common Stock to be an attractive investment at the price levels at which the Reporting Person's acquired the shares of Common Stock. MWTG routinely monitors the performance of the Reporting Persons' investments in the Company. In this connection, the MWTG intends to continuously evaluate the Company's business, financial condition, operating results, capital structure, management, stock market performance, future prospects, competitive outlook and other relevant factors. As part of such evaluations, the MWTG has and may in the future seek the views of, hold active discussions with and respond to inquiries from members of the board of directors, officers or representatives of the Company and other persons regarding the Company's affairs and strategic alternatives, and the interests of other stockholders in participating in such alternatives. Depending on such evaluations, the Reporting Persons may, at any time and from time to time, purchase additional shares of Common Stock or may dispose of any and all shares of Common Stock held by them. MWTG may from time to time develop and recommend to the other Reporting Persons plans respecting, or propose changes in, the management, composition of the board of directors, policies, operations, or business of the Company, including a possible sale of the Company. MWTG has considered and proposed to management that, with respect to the Company and the announced merger with Primus Knowledge Solutions, Inc. ("PKSI"), the Company (i) should commit to more significant cost synergies and (ii) enact changes in the corporate governance in connection with a vote on the proposed transaction. MWTG has voiced its concerns during onsite meetings with management -19- and in separate phone conversations. Further, on August 18, 2004, MWTG sent a letter to Bob Burke highlighting elements of our proposal, a copy of which is attached as Exhibit 2 hereto. MWTG has been and remains concerned with management's ability to execute on a profitable business plan. Management appears unwilling to realign the cost structure with the revenue of the business. The announced acquisition of PKSI gives MWTG further pause. MWTG approached management with an open mind to hear their rationale for the proposed transaction. In response, MWTG offered to share its thoughts and potential actions, which MWTG believes will maximize shareholder value. To date, MWTG has not received an adequate response from the board of directors or management to give MWTG confidence in the merits of management's plan. MWTG believes that the proposed merger with PKSI is an additional management challenge that increases execution risk and that management's plan produces insufficient cost synergies to justify the incremental risk resulting from the combination. With and apart from the proposed merger with PKSI, MWTG believes that the Company's corporate governance is out of line with the current state of the market thereby preventing shareholders from effectively helping the business succeed. As of the date of this filing, the Reporting Persons advised by MWTG collectively own 5.5% of the Common Stock. As the second largest shareholder group, MWTG believes management and the board has a duty to meet and receive input from the Reporting Persons as shareholders who are expressing their sincere interest in developing solutions that will maximize shareholder value. Based on available information and discussions with management the Reporting Persons can not, at this time, support the announced merger unless management and the board of directors commit to greater cost synergies and make the proposed changes to corporate governance in connection with the solicitation of votes on the proposed merger. In connection with these and other plans or proposals that MWTG may develop, MWTG may conduct investigations and, if warranted by such review, make and negotiate proposals to and with the Company concerning the matters addressed in the preceding paragraph, and may enter into agreements with the Company in connection with those negotiations and proposals, including confidentiality and/or other arrangements. MWTG may identify and seek to nominate one or more persons for election to the Company's board of directors. Except as set forth above, none of the Reporting Persons have any plans or proposals which relate to or could result in, any of the matters referred to in paragraphs (a) through (j), inclusive, of the instructions to Item 4 of Schedule 13D. However, the Reporting Persons intend to continually review the Company's business affairs, financial position, strategy and future prospects, as well as conditions in the securities markets and general economic and industry conditions. Based on such evaluation and review and other factors, the Reporting Persons may in the future take such actions with respect to their investment in the Issuer as they deem appropriate in light of the circumstances existing from time to time. Specifically, the Reporting Persons reserve the right to take actions that relate to or could result in the following: (a) acquisition or disposition of Common Stock or other securities of the Company; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation involving the Company; (c) a sale or transfer of a material amount of assets of the Company or any of its subsidiaries; (d) a change in the present board or management of the Company; (e) a change in the present capitalization of the Company; (f) a material change in the Company's business or corporate structure; (g) changes in the Company's certificate of incorporation or bylaws to revise or eliminate provisions which may impede the acquisition of control of the Company by any person; or (h) any action similar to any of those enumerated. -20- The Reporting Persons may, at any time and from time to time, review or reconsider their position and/or change their purpose and/or formulate plans or proposals with respect thereto. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a), (b) As of the date hereof, SSH Partners I, LP beneficial owns an aggregate of 125,000 shares of Common Stock, representing approximately 0.2% of the shares of Common Stock presently outstanding based on 73,828,622 shares of Common Stock reported by the Company to be issued and outstanding as of June 30, 2004, in its Form 10-Q filed with the Securities and Exchange Commission on August 9, 2004. In addition, by virtue of the relationships described under Item 2 of this Schedule 13D, each of Mitchell-Wright Capital Group, LLC, Mitchell-Wright, LLC and James Dennedy may be deemed to have an indirect beneficial ownership of all the shares of Common Stock beneficially owned by SSH Partners I, LP. As of the date hereof, Mr. Dennedy beneficial owns an aggregate of 145,000 shares of Common Stock, representing approximately 0.2% of the shares of Common Stock presently outstanding. Included in this amount are 20,000 shares of Common Stock owned directly by Mr. Dennedy and the 125,000 shares of Common Stock owned by SSH Partners I, LP in which Mr. Dennedy may be deemed to have an indirect beneficial ownership interest as described above. Mr. Dennedy has sole voting and dispositive power with respect to both the 20,000 shares of Common Stock owned directly by him and the 125,000 shares of Common Stock owned by SSH Partners I, LP by virtue of his authority to vote and dispose of such shares of Common Stock. Mr. Dennedy, Mitchell-Wright, LLC and Mitchell-Wright Technology Group, LLC each disclaim beneficial ownership of the shares of the Issuer's Common Stock held of record by SSH Partners I, LP, and the filing of this Schedule 13D shall not be construed as an admission that any such person is the beneficial owner of any such securities. As of the date hereof, Arcadia Partners, LP beneficial owns an aggregate of 36,477 shares of Common Stock, representing less than 0.1% of the shares of Common Stock presently outstanding. In addition, by virtue of the relationships described under Item 2 of this Schedule 13D, each of Arcadia Capital Management, LLC and Richard Rofe may be deemed to have an indirect beneficial ownership of all the shares of Common Stock beneficially owned by Arcadia Partners, LP. As of the date hereof, Mr. Rofe beneficial owns an aggregate of 171,977 shares of Common Stock, representing approximately 0.2% of the shares of Common Stock presently outstanding. Included in this amount are 135,500 shares of Common Stock owned directly by Mr. Rofe and the 36,477 shares of Common Stock owned by Arcadia Partners, LP, in which Mr. Rofe may be deemed to have an indirect beneficial ownership interest as described above. Mr. Rofe has sole voting and dispositive power with respect to both the 135,500 shares of Common Stock owned directly by him and the 36,477 shares of Common Stock owned by Arcadia Partners, LP by virtue of his authority to vote and dispose of such shares of Common Stock. Mr. Rofe and Arcadia Capital Management, LLC each disclaim beneficial ownership of the shares of the Issuer's Common Stock held of record by Arcadia Partners, LP, and the filing of this Schedule 13D shall not be construed as an admission that any such person is the beneficial owner of any such securities. As of the date hereof, Parche, LLC beneficially owns an aggregate of 604,453 shares of Common Stock, representing approximately 0.8% of the shares of Common Stock presently outstanding. In addition, by virtue of the relationships described under Item 2 of this Schedule 13D, each of Admiral Advisors, LLC, Ramius Capital Group, LLC, C4S & Co., Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas W. Strauss may be deemed to have an indirect beneficial ownership of all the shares of Common Stock beneficially owned by Parche, LLC. As of the date hereof, Starboard Value & Opportunity Fund, LLC beneficially owns an aggregate of 3,173,383 shares of Common Stock, representing approximately 4.3% of the outstanding shares of Common Stock. In addition, by virtue of the relationships described under Item 2 of this Schedule 13D, each of Admiral Advisors, LLC, Ramius Capital Group, LLC, C4S & Co., LLC, Peter A. Cohen, Morgan -21- B. Stark, Jeffrey M. Solomon and Thomas W. Strauss may be deemed to have an indirect beneficial ownership of all the shares of Common Stock beneficially owned by Starboard Value & Opportunity Fund, LLC. Each of Messrs. Cohen, Stark, Solomon and Strauss shares voting and dispositive power with respect to both the 604,453 shares of Common Stock owned by Parche, LLC and the 3,173,383 shares of Common Stock owned by Starboard Value & Opportunity Fund, LLC by virtue of their status as joint managing members of C4S & Co., LLC, the Managing Member of Ramius Capital Group, LLC, which in turn is the Managing Member of Admiral Advisors, LLC, which is the Managing Member of both Parche, LLC and Starboard Value & Opportunity Fund, LLC. Messrs. Cohen, Stark, Solomon, and Strauss, C4S & Co., LLC, Ramius Capital Group, LLC and Admiral Advisors, LLC each disclaim beneficial ownership of the shares of the Issuer's Common Stock held of record by Parche, LLC and Starboard Value & Opportunity Fund, LLC, and the filing of this Schedule 13D shall not be construed as an admission that any such person is the beneficial owner of any such securities. To the best knowledge of the Reporting Persons, none of the persons or entities listed in Item 2 beneficially owns any other shares of the Company. Each of the Reporting Persons disclaims beneficial ownership of shares of Common Stock solely as a result of Rule 13d-5(b)(1) under the Securities Exchange Act of 1934, as amended. (c) The trading dates, number of shares of Common Stock purchased or sold and the price per share for all transactions by the Reporting Persons in the Common Stock within the last sixty days, which were all in the open market, are set forth in Schedule and are incorporated by reference. (d) Not applicable (e) Not applicable ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER Not applicable ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit 1: Agreement to Jointly File Schedule 13D. Exhibit 2: Letter from Mitchell-Wright Technology Group, LLC to Bob Burke dated August 18, 2004. -22- - -------------------------------------------------------------------------------- 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. August 24, 2004 SSH Partners I, LP By: Mitchell-Wright Technology Group, LLC, its General Partner /s/ James Dennedy ------------------------------------------------ By: James Dennedy Managing Member August 24, 2004 Mitchell-Wright Technology Group, LLC By: Mitchell-Wright, LLC, its Managing Member /s/ James Dennedy ------------------------------------------------ By: James Dennedy Managing Member August 24, 2004 Mitchell-Wright, LLC /s/ James Dennedy ------------------------------------------------ By: James Dennedy Managing Member August 24, 2004 /s/ James Dennedy ------------------------------------------------ James Dennedy -23- August 24, 2004 Arcadia Partners, L.P. By: Arcadia Capital Management, LLC, its General Partner /s/ Richard Rofe ------------------------------------------------ By: Richard Rofe Member August 24, 2004 Arcadia Capital Management, LLC /s/ Richard Rofe ------------------------------------------------ By: Richard Rofe Member August 24, 2004 /s/ Richard Rofe ------------------------------------------------ Richard Rofe August 24, 2004 Parche, LLC By: Admiral Advisors, LLC, its managing member /s/ Jeffrey M. Solomon ------------------------------------------------ By: Jeffrey M. Solomon Authorized Signatory August 24, 2004 Starboard Value & Opportunity Fund, LLC By: Admiral Advisors, LLC, its managing member /s/ Jeffrey M. Solomon ------------------------------------------------ By: Jeffrey M. Solomon Authorized Signatory -24- August 24, 2004 Ramius Capital Group, LLC By: C4S & Co., LLC, its Managing Member /s/ Jeffrey M. Solomon ------------------------------------------------ By: Jeffrey M. Solomon Authorized Signatory August 24, 2004 C4S & Co., LLC /s/ Jeffrey M. Solomon ------------------------------------------------ By: Jeffrey M. Solomon Authorized Signatory August 24, 2004 /s/ Peter A. Cohen ------------------------------------------------ Peter A. Cohen August 24, 2004 /s/ Morgan B. Stark ------------------------------------------------ Morgan B. Stark August 24, 2004 /s/ Jeffrey M. Solomon ------------------------------------------------ Jeffrey M. Solomon August 24, 2004 /s/ Thomas W. Strauss ------------------------------------------------ Thomas W. Strauss -25- SCHEDULE This schedule sets forth information with respect to each purchase of Common Stock which was effectuated by a Reporting Person during the past 60 days. All transactions were effectuated in the open market through a broker. SSH Partners I, LP - ------------------ Number of Shares Date Purchased/(Sold) Price Per Share(1) - ---- ---------------- ------------------ 8/11/2004 25,000 $ 0.82 Parche, LLC - ----------- Number of Shares Date Purchased/(Sold) Price Per Share(1) - ---- ---------------- ------------------ 8/12/2004 13,428 $ 0.76 8/12/2004 501,021 $ 0.70 8/12/2004 11,392 $ 0.79 8/16/2004 11,360 $ 0.77 8/17/2004 4,000 $ 0.80 8/17/2004 7,152 $ 0.81 8/18/2004 12,016 $ 0.88 8/19/2004 33,256 $ 0.94 8/20/2004 10,828 $ 0.95 Starboard Value and Opportunity Fund, LLC - ----------------------------------------- Number of Shares Date Purchased/(Sold) Price Per Share(1) - ---- ---------------- ------------------ 7/2/2004 193,704 $ 1.06 7/2/2004 140,514 $ 1.04 7/6/2004 16,800 $ 1.07 7/6/2004 15,490 $ 1.08 7/7/2004 31,500 $ 1.06 7/7/2004 84,634 $ 1.08 7/8/2004 84,000 $ 1.06 7/8/2004 70,021 $ 1.07 7/9/2004 42,000 $ 1.10 7/9/2004 5,796 $ 1.09 7/12/2004 42,000 $ 1.06 7/12/2004 6,539 $ 1.08 7/13/2004 23,273 $ 1.07 7/14/2004 40,337 $ 1.07 7/14/2004 25,200 $ 1.07 7/15/2004 21,000 $ 1.07 7/16/2004 63,000 $ 1.09 7/16/2004 1,035 $ 1.08 7/19/2004 47,488 $ 1.05 7/20/2004 54,524 $ 1.04 -26- 7/21/2004 82,354 $ 1.02 7/22/2004 195,216 $ 1.01 7/23/2004 52,080 $ 1.03 7/26/2004 23,411 $ 1.01 7/27/2004 84,000 $ 1.00 7/27/2004 126,000 $ 0.98 7/28/2004 23,100 $ 0.93 7/28/2004 10,878 $ 0.92 7/28/2004 31,080 $ 0.95 7/29/2004 6,720 $ 0.93 7/30/2004 4,200 $ 0.91 7/30/2004 73,920 $ 0.91 8/2/2004 25,200 $ 0.89 8/3/2004 22,680 $ 0.88 8/4/2004 39,639 $ 0.90 8/5/2004 590,520 $ 0.93 8/5/2004 15,120 $ 0.91 8/6/2004 23,184 $ 0.91 8/9/2004 6,880 $ 0.89 8/1/2004 (73,920) $ 0.91 8/1/2004 73,920 $ 0.91 8/10/2004 29,929 $ 0.90 8/11/2004 155,400 $ 0.82 8/12/2004 70,499 $ 0.76 8/12/2004 59,808 $ 0.79 8/16/2004 59,640 $ 0.77 8/17/2004 21,000 $ 0.80 8/17/2004 37,548 $ 0.81 8/18/2004 63,084 $ 0.88 8/19/2004 174,591 $ 0.94 8/20/2004 56,847 $ 0.95 Arcadia Partners, LP - -------------------- Number of Shares Date Purchased/(Sold) Price Per Share(1) - ---- ---------------- ------------------ 7/7/2004 10,300 $ 1.06 7/8/2004 4,700 $ 1.05 8/9/2004 2,500 $ 0.89 8/10/2004 2,477 $ 0.89 8/16/2004 6,500 $ 0.78 Richard Rofe - ------------ Number of Shares Date Purchased/(Sold) Price Per Share(1) - ---- ---------------- ------------------ 6/18/2004 600 $ 1.26 6/18/2004 600 $ 1.26 -27- 6/18/2004 600 $ 1.26 6/18/2004 700 $ 1.26 6/18/2004 600 $ 1.26 6/23/2004 (100) $ 1.28 6/23/2004 (700) $ 1.28 6/23/2004 (300) $ 1.28 6/24/2004 (1,500) $ 1.28 6/24/2004 (700) $ 1.28 6/24/2004 (300) $ 1.28 7/7/2004 3,900 $ 1.05 7/7/2004 4,100 $ 1.05 7/7/2004 400 $ 1.05 7/7/2004 500 $ 1.05 7/7/2004 200 $ 1.05 7/7/2004 100 $ 1.05 7/7/2004 100 $ 1.05 7/7/2004 100 $ 1.05 7/7/2004 200 $ 1.05 7/7/2004 100 $ 1.05 7/7/2004 100 $ 1.05 7/7/2004 200 $ 1.05 7/7/2004 100 $ 1.05 7/7/2004 100 $ 1.05 7/7/2004 800 $ 1.05 7/7/2004 1,000 $ 1.05 7/7/2004 200 $ 1.04 7/7/2004 100 $ 1.04 7/7/2004 100 $ 1.04 7/7/2004 100 $ 1.04 7/7/2004 500 $ 1.05 7/8/2004 2,763 $ 1.05 7/8/2004 100 $ 1.05 7/8/2004 2,137 $ 1.05 7/23/2004 100 $ 0.98 7/29/2004 4,900 $ 0.93 8/2/2004 4,000 $ 0.88 8/2/2004 100 $ 0.88 8/2/2004 100 $ 0.88 8/2/2004 800 $ 0.88 8/9/2004 345 $ 0.88 8/9/2004 1,000 $ 0.88 8/9/2004 100 $ 0.88 8/9/2004 100 $ 0.88 8/9/2004 100 $ 0.88 8/9/2004 500 $ 0.88 8/9/2004 300 $ 0.88 8/9/2004 700 $ 0.88 8/9/2004 500 $ 0.88 -28- 8/9/2004 500 $ 0.88 8/9/2004 400 $ 0.88 8/9/2004 100 $ 0.88 8/9/2004 355 $ 0.88 8/9/2004 5,000 $ 0.89 8/13/2004 500 $ 0.73 8/13/2004 67 $ 0.73 8/13/2004 1,100 $ 0.73 8/13/2004 1,000 $ 0.73 8/13/2004 1,500 $ 0.73 8/13/2004 200 $ 0.73 8/13/2004 1,133 $ 0.73 8/18/2004 800 $ 0.89 8/18/2004 100 $ 0.89 8/18/2004 2,700 $ 0.89 8/18/2004 300 $ 0.89 8/18/2004 600 $ 0.89 8/20/2004 100 $ 0.90 8/20/2004 100 $ 0.90 8/20/2004 100 $ 0.90 8/20/2004 100 $ 0.90 8/20/2004 100 $ 0.89 (1) Excludes commissions and other execution-related costs. -29- EX-99.1 2 a09900_13dx1.txt AGT TO JOINTLY FILE SCHEDULE 13D Exhibit 1 AGREEMENT TO JOINTLY FILE SCHEDULE 13D The undersigned hereby agree to jointly prepare and file with regulatory authorities this Schedule 13D and any future amendment thereto reporting each of the undersigned's ownership of securities of Art Technology Group, Inc., and hereby affirm that such Schedule 13D is being filed on behalf of each of the undersigned. - -------------------------------------------------------------------------------- August 24, 2004 SSH Partners I, LP By: Mitchell-Wright Technology Group, LLC, its General Partner /s/ James Dennedy ------------------------------------------------ By: James Dennedy Managing Member August 24, 2004 Mitchell-Wright Technology Group, LLC By: Mitchell-Wright, LLC, its Managing Member /s/ James Dennedy ------------------------------------------------ By: James Dennedy Managing Member August 24, 2004 Mitchell-Wright, LLC /s/ James Dennedy ------------------------------------------------ By: James Dennedy Managing Member August 24, 2004 /s/ James Dennedy ------------------------------------------------ James Dennedy August 24, 2004 Arcadia Partners, L.P. By: Arcadia Capital Management, LLC, its General Partner /s/ Richard Rofe ------------------------------------------------ By: Richard Rofe Member August 24, 2004 Arcadia Capital Management, LLC /s/ Richard Rofe ------------------------------------------------ By: Richard Rofe Member August 24, 2004 /s/ Richard Rofe ------------------------------------------------ Richard Rofe August 24, 2004 Parche, LLC By: Admiral Advisors, LLC, its managing member /s/ Jeffrey M. Solomon ------------------------------------------------ By: Jeffrey M. Solomon Authorized Signatory August 24, 2004 Starboard Value & Opportunity Fund, LLC By: Admiral Advisors, LLC, its managing member /s/ Jeffrey M. Solomon ------------------------------------------------ By: Jeffrey M. Solomon Authorized Signatory August 24, 2004 Ramius Capital Group, LLC By: C4S & Co., LLC, its Managing Member /s/ Jeffrey M. Solomon ------------------------------------------------ By: Jeffrey M. Solomon Authorized Signatory August 24, 2004 C4S & Co., LLC /s/ Jeffrey M. Solomon ------------------------------------------------ By: Jeffrey M. Solomon Authorized Signatory August 24, 2004 /s/ Peter A. Cohen ------------------------------------------------ Peter A. Cohen August 24, 2004 /s/ Morgan B. Stark ------------------------------------------------ Morgan B. Stark August 24, 2004 /s/ Jeffrey M. Solomon ------------------------------------------------ Jeffrey M. Solomon August 24, 2004 /s/ Thomas W. Strauss ------------------------------------------------ Thomas W. Strauss EX-99.2 3 a09900_13dx2.txt LTR RE PROPOSED MERGER WITH PRIMUS [GRAPHIC] 8060 MONTGOMERY ROAD, SUITE 205 185 GREAT NECK ROAD, SUITE 460 CINCINNATI, OH 45236 GREAT NECK, NY 11020 PHONE: +1 513.792.5100 PHONE: +1.516.466.5258 FAX: +1 413.375.3439 FAX: +1.516.466.7709 August 18, 2004 CONFIDENTIAL Via Telecopier - -------------- (617) 386-1142 Mr. Bob Burke, CEO Art Technology Group, Inc. 25 First Street Second Floor Cambridge, MA 02141 Re: Proposed Merger with Primus Knowledge Solutions, Inc. ---------------------------------------------------------- Dear Mr. Burke: Thank you for giving us an opportunity to meet with you last week. The discussion was both productive and informative. As we said in our meeting, we have an open mind about the merits of the proposed merger with Primus Knowledge Solutions, Inc ("PKSI"). We want to update you on our impressions and thoughts concerning next steps. To date, management has not consistently operated the core business profitably. The proposed merger with PKSI presents an additional management challenge thereby increasing execution risk. We believe management's plan produces insufficient cost synergies to justify the incremental risk resulting from the combination. Finally, apart from the proposed merger, the Company's corporate governance is out of line with the current state of the market and prevents shareholders from effectively helping the business succeed. As of Tuesday, August 17, 2004, Mitchell-Wright Technology Group ("MWTG") collectively owns 5.1% of Art Technology Group ("the Company") common stock. As your second largest shareholder, we are eager to work with you, the management team and the Board on a solution that will maximize the value of the combined entity for both sets of shareholders, and thus enable MWTG to vote in favor of the merger. Specifically we recommend the Company take the following actions: 1. Commit to more significant cost synergies - cost savings in the $20-25M range are achievable; ARTG Letter.081804.doc 8/18/2004 Page 2 of 3 2. Enact changes in the corporate governance, in connection with soliciting a vote on the proposed transaction; and 3. Issue a joint press release with MWTG, announcing (i) the updated cost synergy guidance (ii) the changes in corporate governance, and (iii) significant shareholder support for the proposed merger. COST SYNERGIES In order to justify the risk adjusted economics of this transaction, management must achieve greater cost synergies. Such cost reductions must result in a profitable business beginning in the first quarter of 2005. From our analysis the Company should be able to achieve cost synergies of $20-25M, resulting in a total spend projection of $80-85M for FY 2005. We want the opportunity to work with you to demonstrate how the Company can achieve these results. CORPORATE GOVERNANCE In the interest of protecting the shareholders of the Company, MWTG recommends that the Board take four specific actions in connection with the solicitation of votes on the proposed merger. Our recommended actions will (i) provide shareholders with more control over their Company by making the Board and management more responsive to the shareholders, (ii) permit the shareholders to act swiftly to put the business on more solid footing should management fail to achieve the value planned from the proposed merger, and (iii) bring the Company's corporate governance in line with the current state of the market. Specifically, MWTG proposes the Board take action to achieve the following outcomes: 1. Eliminate the classified board structure ("staggered board"); 2. Allow shareholders to nominate up to three (3) director nominees to be considered and voted upon in the approval of the merger; 3. Make changes in the Company's by-laws and articles of incorporation to permit shareholders to call special meetings; and 4. Make changes in the Company's by-laws and articles of incorporation to permit shareholders to act by written consent. JOINT PRESS RELEASE In an effort to build broad based support for the Company, the management team, the Board, and the merger, we want to issue a joint press release with the Company announcing an agreement on the aforementioned points. The results of the actions we have recommended and a joint press release on our mutually defined solution will: 1. Provide management a strong vote of confidence; 2. Make the Company and Board more accountable to shareholders; ARTG Letter.081804.doc 8/18/2004 Page 3 of 3 3. Provide a strong vote of confidence for the proposed merger; 4. Shore up the economic rationale for the proposed merger by guiding the Company to stronger cost synergies; and 5. Strengthen the Board to help guide management to achieve consistent profitable operation in order to maximize shareholder value. We continue to maintain an open mind on both the business plan and the plan for the proposed merger with PKSI. The Company's customer base, technology and sustainability of the Company's maintenance revenue remain its strengths. By working with you and your team around the elements outlined in this letter, we are confident we can achieve a solution that will enable us to support the merger with PKSI and maximize value for the shareholders of both companies. MWTG requests you circulate this letter to your Board for consideration. Please respond to us by 5:00 PM EST on Friday, August 20, 2004 with a date, time and place where we can meet with you, the Board and your team to create a solution that meets the objectives outlined in this letter. Very Respectfully, /s/ James H. Dennedy James H. Dennedy Managing Partner Mitchell-Wright Technology Group, LLC -----END PRIVACY-ENHANCED MESSAGE-----