SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SUN MACKIE LLC

(Last) (First) (Middle)
5200 TOWN CIRCLE CENTER
SUITE 470

(Street)
BOCA RATON FL 33486

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LOUD TECHNOLOGIES INC [ LTEC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/25/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/25/2008 C 235,885 A $0.01 3,591,588 I See Footnote(1)(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Warrants $0.01 03/25/2008 C 235,885 03/31/2003 03/31/2008 Common Stock 235,885 $2.5(3) 0 I See Footnote(1)(2)
1. Name and Address of Reporting Person*
SUN MACKIE LLC

(Last) (First) (Middle)
5200 TOWN CIRCLE CENTER
SUITE 470

(Street)
BOCA RATON FL 33486

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
SUN CAPITAL PARTNERS II LP

(Last) (First) (Middle)
5200 TOWN CIRCLE CENTER
SUITE 470

(Street)
BOCA RATON FL 33486

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
SUN CAPITAL ADVISORS II LP

(Last) (First) (Middle)
5200 TOWN CIRCLE CENTER
SUITE 470

(Street)
BOCA RATON FL 33486

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
SUN CAPITAL PARTNERS LLC

(Last) (First) (Middle)
5200 TOWN CIRCLE CENTER
SUITE 470

(Street)
BOCA RATON FL 33486

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
SUN CAPITAL PARTNERS III LP

(Last) (First) (Middle)
5200 TOWN CIRCLE CENTER
SUITE 470

(Street)
BOCA RATON FL 33486

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
SUN CAPITAL PARTNERS III QP LP

(Last) (First) (Middle)
5200 TOWN CIRCLE CENTER
SUITE 470

(Street)
BOCA RATON FL 33486

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
SUN CAPITAL ADVISORS III LP

(Last) (First) (Middle)
5200 TOWN CIRCLE CENTER
SUITE 470

(Street)
BOCA RATON FL 33486

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
SUN CAPITAL PARTNERS III LLC

(Last) (First) (Middle)
5200 TOWN CIRCLE CENTER
SUITE 470

(Street)
BOCA RATON FL 33486

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
KROUSE RODGER R

(Last) (First) (Middle)
5200 TOWN CIRCLE CENTER
SUITE 470

(Street)
BOCA RATON FL 33486

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
LEDER MARC J

(Last) (First) (Middle)
5200 TOWN CIRCLE CENTER
SUITE 470

(Street)
BOCA RATON FL 33486

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Includes 3,591,588 shares of common stock directly owned by Sun Mackie, LLC ("Sun Mackie"). Marc J. Leder ("Leder") and Rodger R. Krouse ("Krouse") each own 50% of the membership interests in Sun Capital Partners, LLC ("Sun Partners LLC"), which in turn is the general partner of Sun Capital Advisors II, LP ("Sun Advisors II"), which in turn is the general partner of Sun Capital Partners II, LP ("Sun Partners II LP"). Leder and Krouse also each own 50% of the membership interests in Sun Capital Partners III, LLC ("Sun Partners III LLC"), which in turn is the general and managing partner of Sun Capital Advisors III, LP ("Sun Advisors III"), which in turn is the general partner of Sun Capital Partners III, LP ("Sun Partners LP") and Sun Capital Partners III QP, LP ("Sun Partners III QP, LLC").
2. Together, Sun Partners II, LP, Sun Partners III, LP and Sun Partners III QP, LP own all of the membership interests in Sun Mackie. As a result, Leder, Krouse, Sun Partners LLC, Sun Partners III, LLC, Sun Advisors II, Sun Advisors III, Sun Partners II LP, Sun Partners III LP and Sun Partners III QP LP may be deemed to have indirect beneficial ownership of the securities owned directly by Sun Mackie. Leder, Krouse, Sun Partners LLC, Sun Partners III, LLC, Sun Advisors II, Sun Advisors III, Sun Partners II LP, Sun Partners III LP and Sun Partners III QP LP each expressly disclaims beneficial ownership of any securities in which they do not have a pecuniary interest.
3. Pursuant to a Securities Purchase Agreement dated March 31, 2003, Sun Mackie acquired a Subordinated Promissory Note in a face amount of $3,931,429 and Stock Purchase Warrants ("Warrants") exercisable for 1,179,429 shares of common stock of the Issuer, for an aggregate purchase price of $3,931,429. Upon execution of the Securities Purchase Agreement, the Issuer and Sun Mackie agreed that, for tax purposes, the aggregate value of the Warrants was $589,714.50, or $0.50 per share of common stock for which the Warrants were exercisable. On November 17, 2005, the Issuer's common stock underwent a 1-for-5 reverse split, and in connection therewith, the common stock into which the Warrants became exercisable was proportionately decreased to 235, 885. Accordingly, the effective purchase price was increased to $2.50 per warrant.
Sun Mackie, LLC By : /s/ Mark Hajduch, Name :Mark Hajduch Title: Vice President 03/25/2008
Sun Capital Partners II, LP By: Sun Capital Advisors II, LP Its: General Partner By: Sun Capital Partners II, LLC Its: General Partner By: /s/ Melissa Klafter Name: Melissa Klafter Title: Vice President 03/25/2008
Sun Capital Advisors II, LP By: Sun Capital Partners II, LLC Its: General Partner By: /s/ Melissa Klafter Name: Melissa Klafter Title: Vice President 03/25/2008
Sun Capital Partners, LLC By: /s/ Melissa Klafter Name: Melissa Klafter Title: Vice President 03/25/2008
Sun Capital Partners III, LP By: Sun Capital Advisors III, LP Its: General Partner By: Sun Capital Partners III, LLC Its: General Partner By: /s/ Melissa Klafter Name: Melissa Klafter Title: Vice President 03/25/2008
Sun Capital Partners III QP, LP By: Sun Capital Advisors III, LP Its: General Partner By: Sun Capital Partners III, LLC Its: General Partner By: /s/ Melissa Klafter Name: Melissa Klafter Title: Vice President 03/25/2008
Sun Capital Advisors III, LP By: Sun Capital Partners III, LLC Its: General Partner By: /s/ Melissa Klafter Name: Melissa Klafter Title: Vice President 03/25/2008
Sun Capital Partners III, LLC By: /s/ Melissa Klafter Name: Melissa Klafter Title: Vice President 03/25/2008
/s/ Rodger R. Krouse Rodger R. Krouse 03/25/2008
/s/ Marc J. Leder Marc J. Leder 03/25/2008
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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