-----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, FfQk25hRvp02w5Gem72v4GijBsplpsWs7MVzd3avm4AtoOX9UfsnEHD9klNqit2X VqEHouxTinON+bXm37LRqQ== 0000899140-07-001148.txt : 20070613 0000899140-07-001148.hdr.sgml : 20070613 20070613151316 ACCESSION NUMBER: 0000899140-07-001148 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070613 DATE AS OF CHANGE: 20070613 GROUP MEMBERS: J. CHRISTOPHER YOUNG SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ATS CORP CENTRAL INDEX KEY: 0001325460 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] IRS NUMBER: 113747950 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81087 FILM NUMBER: 07917357 BUSINESS ADDRESS: STREET 1: 7915 JONES BRANCH DRIVE CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: 703-506-0088 MAIL ADDRESS: STREET 1: 7915 JONES BRANCH DRIVE CITY: MCLEAN STATE: VA ZIP: 22102 FORMER COMPANY: FORMER CONFORMED NAME: Federal Services Acquisition CORP DATE OF NAME CHANGE: 20050429 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Vaughn C Michael CENTRAL INDEX KEY: 0001391361 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: BUSINESS PHONE: 203-569-6400 MAIL ADDRESS: STREET 1: 262 HARBOR DRIVE CITY: STAMFORD STATE: CT ZIP: 06902 SC 13D/A 1 a061307.txt FIRST AMENDMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 1)* ATS Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.0001 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 00211E104 - -------------------------------------------------------------------------------- (CUSIP Number) David Amster CRT Capital Holdings LLC 262 Harbor Drive Stamford, CT 06902 (203) 569-6400 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copies to: William N. Dye Willkie Farr & Gallagher LLP 787 Seventh Avenue New York, NY 10019 (212) 728-8000 June 4, 2007 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: [ ] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-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 disclosures provided in a prior cover page. The information required on 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/A - ------------------------------------ ------------------------- CUSIP No. 00211E104 Page 2 of 6 Pages - ------------------------------------ ------------------------- - ----------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON C. Michael Vaughn - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO/PF - ----------- -------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER 2,075,000 * (see Item 5) --------- ------------------------------------------------ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 2,849,237 * (see Item 5) BY EACH REPORTING --------- ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 2,075,000 * (see Item 5) --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 2,849,237 * (see Item 5) - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,924,237 * (see Item 5) - ----------- -------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 23.3% * (see Item 5) - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC/IN - ----------- -------------------------------------------------------------------- Page 2 of 6 SCHEDULE 13D/A - ------------------------------------ ------------------------- CUSIP No. 00211E104 Page 3 of 6 Pages - ------------------------------------ ------------------------- - ----------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON J. Christopher Young - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO - ----------- -------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER 0 * (see Item 5) --------- ------------------------------------------------ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 2,849,237 * (see Item 5) BY EACH REPORTING --------- ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 0 * (see Item 5) --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 2,849,237 * (see Item 5) - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,849,237 * (see Item 5) - ----------- -------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.0% * (see Item 5) - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC/IN - ----------- -------------------------------------------------------------------- Page 3 of 6 This Amendment No. 1 (this "Amendment") amends the Schedule 13D originally filed with the Securities and Exchange Commission (the "Commission") on May 31, 2007 on behalf of C. Michael Vaughn and J. Christopher Young. Item 3. Source and Amount of Funds or Other Consideration Item 3 of the Schedule 13D is hereby amended and restated in its entirety as follows: The 2,075,000 warrants ("Warrants") to purchase shares of common stock, par value $.001 per share ("Common Stock"), of the Issuer directly beneficially owned by C. Michael Vaughn as of June 4, 2007 were purchased with personal funds. Each Warrant is convertible into one share of Common Stock. The other shares of Common Stock, Warrants, and units ("Units", consisting of one share of Common Stock and two Warrants), were purchased using the investment funds of CRT Capital Group LLC, a Connecticut limited liability company ("CRT Capital"), and Harbor Drive Special Situations Master Fund, Ltd. ("Harbor Drive Master Fund"). The amount of funds used to purchase the Common Stock, Warrants, and Units is described on Schedule A. Item 5. Interest in Securities of the Issuer Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows: Pursuant to an investment agreement, Harbor Drive Asset Management LLC, an Illinois limited liability company ("Harbor Drive Management"), has the investment and voting power with respect to the securities held by Harbor Drive Master Fund. CRT Capital Holdings LLC, a Delaware limited liability company ("CRT Holdings"), owns all the equity interests in and is the sole managing member of Harbor Drive Management and CRT Capital. The Reporting Persons are the two managing members and share control of CRT Holdings and through it each of CRT Capital, Harbor Drive Management, and Harbor Drive Master Fund. At the close of business on June 4, 2007, with percentages calculated based upon the shares of Common Stock issued and outstanding as of May 15, 2007 as reported on the Issuer's Form 10-Q for the quarterly period ended March 31, 2007: (i) C. Michael Vaughn (a) Amount beneficially owned: -4,924,237- Percent of class: 23.3% (b) Sole power to vote or direct the vote: -2,075,000- Shared power to vote or direct the vote: -2,849,237- Sole power to dispose or direct the disposition: -2,075,000- Shared power to dispose or direct the disposition: -2,849,237- (ii) J. Christopher Young (a) Amount beneficially owned: -2,849,237- Percent of class: 15.0% (b) Sole power to vote or direct the vote: -0- Shared power to vote or direct the vote: -2,849,237- Page 4 of 6 Sole power to dispose or direct the disposition: -0- Shared power to dispose or direct the disposition: -2,849,237- CRT Capital beneficially owned 1,361,948 shares of Common Stock, 17,789 Warrants, and 500 Units, Harbor Drive Management beneficially owned 600,000 shares of Common Stock and 868,000 Warrants and C. Michael Vaughn beneficially owned 2,075,000 Warrants as of June 4, 2007. (c) See Schedule A for all transactions effected with respect to shares of Common Stock, Warrants and Units for March 30, 2007 through, and including, June 4, 2007. (d) Not applicable (e) Not applicable * The cover pages represent the beneficial ownership of the Reporting Persons as of June 4, 2007. [Signature page follows] Page 5 of 6 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. Dated: June 13, 2007 C. MICHAEL VAUGHN /s/ C. Michael Vaughn - --------------------------------------- J. CHRISTOPHER YOUNG /s/ J. Christopher Young - --------------------------------------- Page 6 of 6
Schedule A ---------- - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- Date Transaction Volume Type of Share Price Per Unit ($) - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 3/30/2007 Sell 5,500 Common Stock 3.80 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 3/30/2007 Sell 12,700 Common Stock 3.70 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 3/30/2007 Sell 5,000 Common Stock 3.65 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 3/30/2007 Sell 500 Common Stock 3.57 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 3/30/2007 Sell 2,500 Common Stock 3.60 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 3/30/2007 Sell 9,500 Warrant * 0.38 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 3/30/2007 Sell 10,000 Warrant * 0.40 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 3/30/2007 Sell 25,000 Warrant * 0.41 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 3/30/2007 Sell 31,500 Warrant * 0.43 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 3/30/2007 Sell 171,000 Warrant * 0.42 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 3/30/2007 Buy 15,000 Warrant * 0.40 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 3/30/2007 Buy 5,000 Warrant * 0.39 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 3/30/2007 Buy 200,000 Warrant * 0.42 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/2/2007 Sell 28,300 Warrant * 0.40 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/2/2007 Sell 25,000 Warrant * 0.41 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/4/2007 Sell 500 Common Stock 3.90 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/13/2007 Sell 500,000 Warrant * 0.38 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/13/2007 Buy 250,000 Warrant * 0.36 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/13/2007 Sell 250,000 Warrant * 0.35 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/13/2007 Buy 250,000 Warrant * 0.35 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/13/2007 Sell 250,000 Warrant * 0.36 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/16/2007 Sell 1,350,000 Warrant * 0.30 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/16/2007 Buy 350,000 Warrant * 0.31 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/16/2007 Buy 1,350,000 Warrant * 0.30 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/16/2007 Sell 350,000 Warrant * 0.31 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/19/2007 Sell 10,000 Warrant * 0.37 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/19/2007 Buy 5,000 Warrant * 0.37 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/27/2007 Sell 15,000 Warrant * 0.40 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 4/27/2007 Buy 10,000 Warrant * 0.40 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/3/2007 Sell 15,000 Warrant * 0.40 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/3/2007 Buy 15,000 Warrant * 0.40 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/4/2007 Sell 4,500 Common Stock 3.85 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/4/2007 Buy 4,500 Common Stock 3.85 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/11/2007 Sell 5,000 Common Stock 0.00 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/11/2007 Sell 35,700 Common Stock 3.80 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/11/2007 Sell 500 Common Stock 3.82 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/11/2007 Buy 26,700 Common Stock 3.80 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/11/2007 Sell 10,500 Common Stock 3.85 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/11/2007 Sell 500 Common Stock 3.84 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/11/2007 Buy 8,300 Common Stock 3.85 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/11/2007 Sell 1,000 Common Stock 3.79 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/11/2007 Buy 20,700 Common Stock 3.83 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/11/2007 Sell 10,000 Common Stock 3.84 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/14/2007 Sell 5,000 Common Stock 3.80 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/14/2007 Buy 5,000 Common Stock 3.80 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/15/2007 Buy 500 Common Stock 3.75 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/15/2007 Sell 5,000 Common Stock 3.80 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/15/2007 Buy 5,000 Common Stock 3.80 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/16/2007 Sell 6,000 Common Stock 3.80 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/16/2007 Buy 3,000 Common Stock 3.80 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/17/2007 Sell 5,000 Warrant * 0.40 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/17/2007 Buy 5,000 Warrant * 0.40 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/18/2007 Sell 310 Common Stock 3.80 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/21/2007 Buy 700 Common Stock 3.70 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/21/2007 Sell 3,900 Common Stock 3.79 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/21/2007 Sell 7,600 Common Stock 3.75 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/21/2007 Buy 10,000 Common Stock 3.76 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/23/2007 Buy 500 Common Stock 3.70 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/23/2007 Sell 1,000 Common Stock 3.79 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/23/2007 Sell 500 Common Stock 3.77 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/23/2007 Sell 1,000 Common Stock 3.75 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/23/2007 Sell 8,500 Common Stock 3.70 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/23/2007 Buy 11,000 Common Stock 3.72 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/31/2007 Sell 12,500 Common Stock 3.74 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/31/2007 Sell 25,800 Common Stock 3.79 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/31/2007 Sell 1,500 Common Stock 3.78 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/31/2007 Sell 800 Common Stock 3.75 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 5/31/2007 Buy 35,600 Common Stock 3.78 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 6/1/2007 Sell 4,200 Common Stock 3.76 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 6/1/2007 Buy 4,200 Common Stock 3.76 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 6/4/2007 Buy 2,114,200 Warrant * 0.39 - ---------------------- ------------------ ---------------------- ------------------------ ----------------------- 6/4/2007 Sell 2,101,700 Warrant * 0.39 - ---------------------- ------------------ ---------------------- ------------------------ -----------------------
* Warrants to purchase shares of common stock at an exercise price of $5.00 per share. -----END PRIVACY-ENHANCED MESSAGE-----