-----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, UDQzY0iDXrKzfFm6iGKGvt5D4N3icDk5F6zL5vq89YKhqLESgqNSQMsG7TNV2nsL /4vQEEpQhPZeHh5eU/iZKQ== 0001164691-04-000003.txt : 20040401 0001164691-04-000003.hdr.sgml : 20040401 20040401160345 ACCESSION NUMBER: 0001164691-04-000003 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040401 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COSI INC CENTRAL INDEX KEY: 0001171014 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 061393745 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-78826 FILM NUMBER: 04709655 BUSINESS ADDRESS: STREET 1: COSI INC STREET 2: 242 WEST 38TH STREET CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 2126531600 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VARDON CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001212718 IRS NUMBER: 134091779 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 150 EAST 52ND ST STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128480671 SC 13G 1 vardoncosi13g.txt _____________________ | OMB APPROVAL | |_____________________| |OMB NUMBER: UNITED STATES |EXPIRES: | SECURITIES AND EXCHANGE COMMISSION | DECEMBER 31, 2005 | Washington, D.C. 20549 |ESTIMATED AVERAGE | |BURDEN HOURS | |PER RESPONSE ...11 | SCHEDULE 13G |_____________________| Under the Securities Exchange Act of 1934 (Amendment No. _____)* Cosi, Inc. --------------------------------------------- (Name of Issuer) Common Stock, Par Value $.01 Per Share ------------------------------------------------- (Title of Class of Securities) 22122P101 ---------------------------------------------------- (CUSIP Number) March 22, 2004 ------------------------------------------------------------------------------ (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] 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). - ------------------------------------------------------------------------------ CUSIP No. 22122P101 SCHEDULE 13G - ------------------------------------------------------------------------------ (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Vardon Capital, LLC - ------------------------------------------------------------------------------ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions): (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ (3) SEC USE ONLY - ------------------------------------------------------------------------------ (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------ (5) SOLE VOTING POWER NUMBER OF SHARES ------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 1,564,821 EACH REPORTING ------------------------------------------- PERSON WITH (7) SOLE DISPOSITIVE POWER ------------------------------------------- (8) SHARED DISPOSITIVE POWER 1,564,821 - ------------------------------------------------------------------------------ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,564,821 - ------------------------------------------------------------------------------ (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] - ------------------------------------------------------------------------------ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.8% - ------------------------------------------------------------------------------ (12) TYPE OF REPORTING PERSON (See Instructions) OO - ------------------------------------------------------------------------------ - ------------------------------------------------------------------------------ CUSIP No. 22122P101 SCHEDULE 13G - ------------------------------------------------------------------------------ (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Vardon Capital Management, LLC - ------------------------------------------------------------------------------ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions): (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ (3) SEC USE ONLY - ------------------------------------------------------------------------------ (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------ (5) SOLE VOTING POWER NUMBER OF SHARES ------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 1,564,821 EACH REPORTING ------------------------------------------- PERSON WITH (7) SOLE DISPOSITIVE POWER ------------------------------------------- (8) SHARED DISPOSITIVE POWER 1,564,821 - ------------------------------------------------------------------------------ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,564,821 - ------------------------------------------------------------------------------ (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] - ------------------------------------------------------------------------------ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.8% - ------------------------------------------------------------------------------ (12) TYPE OF REPORTING PERSON (See Instructions) OO - ------------------------------------------------------------------------------ - ------------------------------------------------------------------------------ CUSIP No. 22122P101 SCHEDULE 13G - ------------------------------------------------------------------------------ (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Richard W. Shea, Jr. - ------------------------------------------------------------------------------ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions): (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ (3) SEC USE ONLY - ------------------------------------------------------------------------------ (4) CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - ------------------------------------------------------------------------------ (5) SOLE VOTING POWER NUMBER OF SHARES BENEFICIALLY ------------------------------------------- OWNED BY (6) SHARED VOTING POWER EACH REPORTING 1,618,821 PERSON WITH ------------------------------------------- (7) SOLE DISPOSITIVE POWER ------------------------------------------- (8) SHARED DISPOSITIVE POWER 1,618,821 - ------------------------------------------------------------------------------ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,618,821 - ------------------------------------------------------------------------------ (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] - ------------------------------------------------------------------------------ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.0% - ------------------------------------------------------------------------------ (12) TYPE OF REPORTING PERSON (See Instructions) IN - ------------------------------------------------------------------------------ Item 1(a). Name of Issuer: Cosi, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 242 West 36th Street, New York, New York 10018 Item 2(a). Name of Persons Filing: This Schedule 13G is being filed on behalf of the following persons ("Reporting Persons")*: (i) Vardon Capital, LLC ("VC") (ii) Vardon Capital Management, LLC ("VCM") (iii) Richard W. Shea, Jr. ("Shea") * Attached as Exhibit 1 is a copy of an agreement among the Reporting Persons stating (as specified hereinabove) that this Schedule is being filed on behalf of each of them. Item 2(b). Address of Principal Business Office or, if None, Residence: Vardon Capital, LLC 150 East 52nd Street 2nd Floor New York, NY 10022 Vardon Capital Management, LLC 150 East 52nd Street 2nd Floor New York, NY 10022 Richard W. Shea, Jr. 150 East 52nd Street 2nd Floor New York, NY 10022 Item 2(c). Citizenship: See Item 4 of the attached cover pages Item 2(d). Title of Class of Securities: Common Stock, par value $.01 per share Item 2(e). CUSIP Number: 22122P101 Item 3. If This Statement is Filed Pursuant to Sections 240.13d-1(b) or 240.13d-2(b), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [ ] An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] 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) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J); Item 3 is not applicable. Item 4. Ownership. (a) Amount Beneficially Owned: See Item 9 of the attached cover pages (b) Percent of Class: See Item 11 of the attached cover pages (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: See Item 5 of the attached cover pages (ii) Shared power to vote or to direct the vote: See Item 6 of the attached cover pages (iii) Sole power to dispose or to direct the disposition of: See Item 7 of the attached cover pages (iv) Shared power to dispose or to direct the disposition of: See Item 8 of the attached cover pages 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 [ ]. Item 5 is not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. VC and VCM, as the general partner and/or investment manager to a number of private investment funds, and Shea, as the the sole principal of VC and VCM and as portfolio manager of a separately managed account, may have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, securities of the Issuer held in the name of the private investment funds and separately managed account. None of the investment funds or managed accounts individually have greater than 5% beneficial ownership of the Issuer. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Controlling Person. Item 7 is not applicable. Item 8. Identification and Classification of Members of the Group. Item 8 is not applicable. Item 9. Notice of Dissolution of Group Item 9 is not applicable. 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 the 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. SIGNATURE After reasonable inquiry and to the best of each of the undersigned's knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: April 1, 2004 Vardon Capital, LLC By: /s/ Richard W. Shea, Jr. --------------------------------- Name: Richard W. Shea, Jr. Title: Managing Member Vardon Capital Management, LLC By: /s/ Richard W. Shea, Jr. --------------------------------- Name: Richard W. Shea, Jr. Title: Managing Member Richard W. Shea, Jr. /s/ Richard W. Shea, Jr. --------------------------------- EXHIBIT 1 The undersigned, Vardon Capital, LLC, a Delaware limited liability company, Vardon Capital Management, LLC, a Delaware limited liability company, and Richard W. Shea, Jr., hereby agree and acknowledge that the Statement on Schedule 13G to which this agreement is attached as an exhibit is filed on behalf of each of them. The undersigned further agree that any amendments or supplements thereto also shall be filed on behalf of each of them. This agreement may be executed in one or more counterparts, each of which will constitute one and the same agreement. Dated: April 1, 2004 Vardon Capital, LLC By: /s/ Richard W. Shea, Jr. --------------------------------- Name: Richard W. Shea, Jr. Title: Managing Member Vardon Capital Management, LLC By: /s/ Richard W. Shea, Jr. --------------------------------- Name: Richard W. Shea, Jr. Title: Managing Member Richard W. Shea, Jr. /s/ Richard W. Shea, Jr. --------------------------------- Page 1 -----END PRIVACY-ENHANCED MESSAGE-----