-----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, Po+JGT3tZTOYTeOC/fvtj8n07on8WySr6dH5l1Tt2kO4mgAQLI3zyxg6nXOvUEzv ym8FP5vCtze8Zo/XJli+uA== 0001425602-09-000007.txt : 20090623 0001425602-09-000007.hdr.sgml : 20090623 20090623160355 ACCESSION NUMBER: 0001425602-09-000007 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090623 DATE AS OF CHANGE: 20090623 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Cocanougher Charles Daniel CENTRAL INDEX KEY: 0001425602 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 6851 NE LOOP 820 SUITE 110 CITY: NORTH RICHLAND HILLS STATE: TX ZIP: 76180-6611 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NAVARRE CORP /MN/ CENTRAL INDEX KEY: 0000911650 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-COMPUTER & PERIPHERAL EQUIPMENT & SOFTWARE [5045] IRS NUMBER: 411704319 STATE OF INCORPORATION: MN FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-42687 FILM NUMBER: 09905517 BUSINESS ADDRESS: STREET 1: 7400 49TH AVE N CITY: NEW HOPE STATE: MN ZIP: 55428 BUSINESS PHONE: 7635358333 MAIL ADDRESS: STREET 1: 7400 49TH AVE NORTH CITY: NEW HOPE STATE: MN ZIP: 55428 SC 13D/A 1 nav06232009.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------- SCHEDULE 13D/A (Amendment No. 1) (RULE 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(A) Navarre Corporation ------------------------- (Name of Issuer) Common Stock, no par value per share ---------------------------------------- (Title of Class of Securities) 639208107 (CUSIP Number) C. Daniel Cocanougher c/o Cocanougher Asset Management 6851 NE Loop 820 Suite 110 North Richland Hills TX 76180-6611 (817) 577-1131 -------------------- (Name, Address, and Telephone Number of Person Authorized to Receive Notices and Communications) June 23, 2009 --------- (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 Rule 13d-1(e), 13d-1(f) or 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 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 (the "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. 639208107 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS C. Daniel Cocanougher I.R.S. Identification No. (entities only) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 1,210,945 SHARES ------------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER 1,489,225 OWNED BY ------------------------------------------------------------------ THE 9 SOLE DISPOSITIVE POWER 1,210,945 REPORTING ------------------------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER 1,489,225 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 2,700,170 THE REPORTING PERSON - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGREGATE AMOUNT IN ROW |_| (11) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.45% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- CUSIP No. 639208107 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS DDEC, Ltd. I.R.S. Identification No. (entities only) 75-2958135 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 1,387,128 SHARES ------------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER 0 OWNED BY ------------------------------------------------------------------ THE 9 SOLE DISPOSITIVE POWER 1,387,128 REPORTING ------------------------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 1,387,128 THE REPORTING PERSON - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGREGATE AMOUNT IN ROW |_| (11) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.83% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- CUSIP No. 639208107 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS Danielle M. Cocanougher I.R.S. Identification No. (entities only) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 52,097 SHARES ------------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER 0 OWNED BY ------------------------------------------------------------------ THE 9 SOLE DISPOSITIVE POWER 52,097 REPORTING ------------------------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 52,097 THE REPORTING PERSON - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGREGATE AMOUNT IN ROW |_| (11) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.14% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- CUSIP No. 639208107 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS Ellen J. Cocanougher I.R.S. Identification No. (entities only) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 50,000 SHARES ------------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER 0 OWNED BY ------------------------------------------------------------------ THE 9 SOLE DISPOSITIVE POWER 50,000 REPORTING ------------------------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 50,000 THE REPORTING PERSON - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGREGATE AMOUNT IN ROW |_| (11) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.14% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- Explanatory Note: This Amendment No. 1 to Schedule 13D (this "Amendment") amends and restates, where indicated, the statement on Schedule 13D relating to the Common Stock of the Issuer filed by the Reporting Persons with the Securities and Exchange Commission on March 30, 2009 (the "Initial Statement"). This Amendment is being made to disclose acquisitions and/or sales by the Reporting Persons of additional shares of Common Stock that were not previously reported on the Initial Statement. Capitalized terms used in this Amendment but not otherwise defined herein have the meanings ascribed to such terms in the Initial Statement. Except as otherwise set forth herein, this Amendment does not modify any of the information previously reported by the Reporting Persons in the Initial Statement. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. All purchased shares were purchased with the personal funds of the individual Reporting Persons, or working capital of the partnership Reporting Persons. No borrowed funds were used to purchase the Common Stock reported herein, other than any borrowed funds used for working capital purposes in the ordinary course of business. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) As of the close of business on June 23, 2009, the Reporting Persons, directly or indirectly, jointly own in the aggregate 2,700,170 shares of the Common Stock of Navarre Corporation, or approximately 7.447% of the Common Stock outstanding based on 36,260,116 shares of the Common Stock outstanding as set forth in the Form 10-Q filed by Navarre Corporation with the Securities and Exchange Commission on February 9, 2009. (b) SOLE SHARED SOLE SHARED VOTING VOTING DISPOSITIVE DISPOSITIVE POWER POWER POWER POWER --------- --------- ----------- ----------- C. Daniel Cocanougher 1,210,945 1,489,225 1,210,945 1,489,225 Danielle M. Cocanougher 52,097 0 52,097 0 Ellen J. Cocanougher 50,000 0 50,000 0 DDEC, Ltd. 1,387,128 0 1,387,128 0 (c) The following table sets forth all transactions by the Reporting Persons with respect to the Common Stock that were not previously reported in the Initial Statement. All such trades were made in open market transactions. Trade Average Reporting Person Date Activity Quantity Price C. Daniel Cocanougher 6/10/2009 Sold 600 $1.34 C. Daniel Cocanougher 6/9/2009 Sold 1,743 $1.34 C. Daniel Cocanougher 6/9/2009 Sold 739 $1.33 C. Daniel Cocanougher 6/9/2009 Sold 75 $1.33 C. Daniel Cocanougher 6/9/2009 Sold 815 $1.33 C. Daniel Cocanougher 6/9/2009 Sold 1,500 $1.33 C. Daniel Cocanougher 6/9/2009 Sold 800 $1.33 C. Daniel Cocanougher 6/9/2009 Sold 328 $1.33 C. Daniel Cocanougher 6/9/2009 Sold 900 $1.33 C. Daniel Cocanougher 6/8/2009 Sold 1,500 $1.29 C. Daniel Cocanougher 6/8/2009 Sold 5,800 $1.29 C. Daniel Cocanougher 6/5/2009 Sold 6,400 $1.29 C. Daniel Cocanougher 6/5/2009 Sold 400 $1.29 C. Daniel Cocanougher 6/4/2009 Sold 2,163 $1.27 C. Daniel Cocanougher 6/4/2009 Sold 2,512 $1.27 C. Daniel Cocanougher 6/4/2009 Sold 425 $1.27 C. Daniel Cocanougher 6/3/2009 Sold 1,000 $1.34 C. Daniel Cocanougher 6/3/2009 Sold 600 $1.25 C. Daniel Cocanougher 6/3/2009 Sold 900 $1.25 C. Daniel Cocanougher 6/3/2009 Sold 4,400 $1.25 C. Daniel Cocanougher 6/3/2009 Sold 3,600 $1.22 C. Daniel Cocanougher 6/3/2009 Sold 1,800 $1.22 C. Daniel Cocanougher 6/3/2009 Sold 4,600 $1.22 C. Daniel Cocanougher 6/2/2009 Sold 4,200 $1.15 C. Daniel Cocanougher 6/2/2009 Sold 4,400 $1.15 C. Daniel Cocanougher 6/2/2009 Sold 1,300 $1.21 C. Daniel Cocanougher 6/2/2009 Sold 100 $1.21 C. Daniel Cocanougher 6/2/2009 Sold 3,000 $1.21 C. Daniel Cocanougher 6/2/2009 Sold 2,800 $1.20 C. Daniel Cocanougher 6/2/2009 Sold 1,400 $1.20 C. Daniel Cocanougher 6/2/2009 Sold 400 $1.20 C. Daniel Cocanougher 6/2/2009 Sold 300 $1.20 C. Daniel Cocanougher 6/2/2009 Sold 600 $1.20 C. Daniel Cocanougher 6/2/2009 Sold 3,800 $1.21 C. Daniel Cocanougher 6/2/2009 Sold 5,500 $1.30 C. Daniel Cocanougher 6/2/2009 Sold 3,500 $1.31 C. Daniel Cocanougher 6/2/2009 Sold 30,000 $1.15 C. Daniel Cocanougher 6/2/2009 Sold 4,900 $1.25 C. Daniel Cocanougher 6/1/2009 Sold 100 $0.92 C. Daniel Cocanougher 6/1/2009 Sold 400 $0.92 C. Daniel Cocanougher 6/1/2009 Sold 1,300 $0.92 C. Daniel Cocanougher 6/1/2009 Sold 3,000 $0.92 C. Daniel Cocanougher 6/1/2009 Sold 4,600 $0.94 C. Daniel Cocanougher 6/1/2009 Sold 7,200 $0.92 C. Daniel Cocanougher 6/1/2009 Sold 300 $0.92 DDEC, Ltd. 4/29/2009 Bought 50,000 $0.41 DDEC, Ltd. 4/29/2009 Bought 160 $0.38 DDEC, Ltd. 6/02/2009 Sold 2,900 $1.41 DDEC, Ltd. 6/02/2009 Sold 3,200 $1.22 DDEC, Ltd. 6/02/2009 Sold 4,100 $1.33 S I G N A T U R E S After reasonable inquiry and to the best of our knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete, and correct and agrees that this statement may be filed jointly with the other undersigned parties. Dated as of: June 23, 2009 C. DANIEL COCANOUGHER, Individually and as Managing Member of DDEC Management, LLC, General Partner of DDEC, Ltd. /s/ C. Daniel Cocanougher - ---------------------------------- C. DANIEL COCANOUGHER, as Guardian & Custodian for Danielle M. Cocanougher, Individually /s/ C. Daniel Cocanougher - ---------------------------------- C. DANIEL COCANOUGHER, as Guardian & Custodian for Ellen J. Cocanougher, Individually /s/ C. Daniel Cocanougher - ---------------------------------- -----END PRIVACY-ENHANCED MESSAGE-----