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*
Oliver Press Partners, LLC

(Last) (First) (Middle)
152 WEST 57TH STREET

(Street)
NEW YORK NY 10019

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EMAGEON INC [ EMAG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Disclaimed Group
3. Date of Earliest Transaction (Month/Day/Year)
09/14/2007
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, par value $0.001 per share 09/14/2007 P 59,000 A $8.0327 2,628,200 I(1)(2) By Davenport Partners, L.P. and JE Partners(1)(2)
Common Stock, par value $0.001 per share 09/17/2007 P 11,000 A $8.0281 2,639,200 I(3) By Davenport Partners, L.P. and JE Partners(3)
Common Stock, par value $0.001 per share 09/19/2007 P 46,260 A $8.1168 2,685,460 I(4) By Davenport Partners, L.P. and JE Partners(4)
Common Stock, par value $0.001 per share 09/20/2007 P 26,600 A $8.1386 2,712,060 I(5) By Davenport Partners, L.P. and JE Partners(5)
Common Stock, par value $0.001 per share 09/25/2007 P 1,500 A $8.1687 2,713,560 I(6) By Davenport Partners, L.P. and JE Partners(6)
Common Stock, par value $0.001 per share 09/26/2007 P 7,300 A $8.3863 2,720,860 I(7) By Davenport Partners, L.P. and JE Partners(7)
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
1. Name and Address of Reporting Person*
Oliver Press Partners, LLC

(Last) (First) (Middle)
152 WEST 57TH STREET

(Street)
NEW YORK NY 10019

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Disclaimed Group
1. Name and Address of Reporting Person*
Oliver Press Investors, LLC

(Last) (First) (Middle)
152 WEST 57TH STREET

(Street)
NEW YORK NY 10019

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Disclaimed Group
1. Name and Address of Reporting Person*
OLIVER AUGUSTUS K

(Last) (First) (Middle)
OLIVER PRESS PARTNERS, LLC
152 WEST 57TH STREET

(Street)
NEW YORK NY 10019

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Disclaimed Group
1. Name and Address of Reporting Person*
Press Clifford

(Last) (First) (Middle)
C/O OLIVER PRESS PARTNERS, LLC
152 WEST 57TH STREET

(Street)
NEW YORK NY 10019

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Disclaimed Group
Explanation of Responses:
1. As of September 14, 2007, Davenport Partners, L.P., a Delaware limited partnership ("Davenport"), held 566,800 shares of common stock, par value $0.001 per share (the "Shares"), of Emageon Inc., a Delaware corporation (the "Company"). As of September 14, 2007, JE Partners, a Bermuda partnership ("JE" and, together with Davenport, the "Partnerships"), held 2,061,400 Shares. Oliver Press Investors, LLC, a Delaware limited liability company ("OPI"), serves as the general partner of each of the Partnerships. Oliver Press Partners, LLC, a Delaware limited liability company ("OPP"), serves as the investment adviser to each of the Partnerships. Augustus K. Oliver ("Oliver") and Clifford Press ("Press" and, collectively with OPI, OPP and Oliver, the "Filing Parties") serve as the Managing Members of each of OPI and OPP. The Filing Parties share the power to vote and the power to direct the disposition of the Shares held by the Partnerships.
2. The Filing Parties' interest in the securities reported herein is limited to their pecuniary interest in the Partnerships, if any.
3. As of September 17, 2007, Davenport held 567,300 Shares. As of September 17, 2007, JE held 2,071,900 Shares. OPI serves as the general partner of each of the Partnerships. OPP serves as the investment adviser to each of the Partnerships. Oliver and Press serve as the Managing Members of each of OPI and OPP. The Filing Parties share the power to vote and the power to direct the disposition of the Shares held by the Partnerships. The Filing Parties' interest in the securities reported herein is limited to their pecuniary interest in the Partnerships, if any.
4. As of September 19, 2007, Davenport held 569,560 Shares. As of September 19, 2007, JE held 2,115,900 Shares. OPI serves as the general partner of each of the Partnerships. OPP serves as the investment adviser to each of the Partnerships. Oliver and Press serve as the Managing Members of each of OPI and OPP. The Filing Parties share the power to vote and the power to direct the disposition of the Shares held by the Partnerships. The Filing Parties' interest in the securities reported herein is limited to their pecuniary interest in the Partnerships, if any.
5. As of September 20, 2007, Davenport held 570,860 Shares. As of September 20, 2007, JE held 2,141,200 Shares. OPI serves as the general partner of each of the Partnerships. OPP serves as the investment adviser to each of the Partnerships. Oliver and Press serve as the Managing Members of each of OPI and OPP. The Filing Parties share the power to vote and the power to direct the disposition of the Shares held by the Partnerships. The Filing Parties' interest in the securities reported herein is limited to their pecuniary interest in the Partnerships, if any.
6. As of September 25, 2007, Davenport held 570,960 Shares. As of September 25, 2007, JE held 2,142,600 Shares. OPI serves as the general partner of each of the Partnerships. OPP serves as the investment adviser to each of the Partnerships. Oliver and Press serve as the Managing Members of each of OPI and OPP. The Filing Parties share the power to vote and the power to direct the disposition of the Shares held by the Partnerships. The Filing Parties' interest in the securities reported herein is limited to their pecuniary interest in the Partnerships, if any.
7. As of September 26, 2007, Davenport held 571,360 Shares. As of September 26, 2007, JE held 2,149,500 Shares. OPI serves as the general partner of each of the Partnerships. OPP serves as the investment adviser to each of the Partnerships. Oliver and Press serve as the Managing Members of each of OPI and OPP. The Filing Parties share the power to vote and the power to direct the disposition of the Shares held by the Partnerships. The Filing Parties' interest in the securities reported herein is limited to their pecuniary interest in the Partnerships, if any.
/s/ Augustus K. Oliver, Managing Member of Oliver Press Partners, LLC 10/02/2007
/s/Clifford Press, Managing Member of Oliver Press Investors, LLC 10/02/2007
/s/ Augustus K. Oliver 10/02/2007
/s/ Clifford Press 10/02/2007
** 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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