-----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, NSI/1QeHN5fY6wXcXP4xzAfTehuunPahEQ/y1NgKmn9Sj7MeM9OovVnss6iTL01h iq12rlFmK55Irz6AHLPAnA== 0001140361-08-005345.txt : 20080229 0001140361-08-005345.hdr.sgml : 20080229 20080229133912 ACCESSION NUMBER: 0001140361-08-005345 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080229 DATE AS OF CHANGE: 20080229 GROUP MEMBERS: AARON BRAUN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: REWARDS NETWORK INC CENTRAL INDEX KEY: 0000078536 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 846028875 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-35435 FILM NUMBER: 08654292 BUSINESS ADDRESS: STREET 1: TWO NORTH RIVERSIDE PLAZA STREET 2: SUITE 950 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-521-6767 MAIL ADDRESS: STREET 1: TWO NORTH RIVERSIDE PLAZA STREET 2: SUITE 950 CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: IDINE REWARDS NETWORK INC DATE OF NAME CHANGE: 20020613 FORMER COMPANY: FORMER CONFORMED NAME: TRANSMEDIA NETWORK INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PIKES PEAK AMERICAN CORP DATE OF NAME CHANGE: 19840912 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WC CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001206633 IRS NUMBER: 000000000 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: 300 DRAKES LANDING RD STREET 2: STE 230 CITY: GREENBRAE STATE: CA ZIP: 94904 SC 13G/A 1 doc1.htm Schedule 13G
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 01 )*


Rewards Network Inc
(Name of Issuer)


Common Stock, $0.02 par value
(Title of Class of Securities)


761557107
(CUSIP Number)


December 31, 2007
(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 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 13G
CUSIP No. 761557107

  1. Names of Reporting Persons.
WC Capital Management LLC
I.R.S. Identification Nos. of above persons (entities only).
94-3312859

  2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  [    ]       (b)  [ X ]

  3. SEC USE ONLY

  4. Citizenship or Place of Organization
California

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With:
5. Sole Voting Power
0

6. Shared Voting Power
1,970,000

7. Sole Dispositive Power
0

8. Shared Dispositive Power
1,970,000

  9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,970,000

  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  [    ]

  11. Percent of Class Represented by Amount in Row (9)
7.3%

  12. Type of Reporting Person
OO


2




SCHEDULE 13G
CUSIP No. 761557107

  1. Names of Reporting Persons.
Aaron Braun
I.R.S. Identification Nos. of above persons (entities only).
N/A

  2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  [    ]       (b)  [ X ]

  3. SEC USE ONLY

  4. Citizenship or Place of Organization
United States

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With:
5. Sole Voting Power
0

6. Shared Voting Power
1,970,000

7. Sole Dispositive Power
0

8. Shared Dispositive Power
1,970,000

  9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,970,000

  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  [    ]

  11. Percent of Class Represented by Amount in Row (9)
7.3%

  12. Type of Reporting Person
IN


3




Item 1.

 

(a)

Name of Issuer

Rewards Network Inc.

 

(b)

Address of Issuer's Principal Executive Offices

Two North Riverside Plaza, Suite 950
Chicago, Illinois 60606


Item 2.

 

(a)

Name of Person Filing

Aaron Braun
WC Capital Management, LLC

 

(b)

Address of Principal Business Office or, if none, Residence

300 Drakes Landing Blvd., Suite 230
Greenbrae, CA 94904

 

(c)

Citizenship

United States

 

(d)

Title of Class of Securities

Common Stock

 

(e)

CUSIP Number

761557107


Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), 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 §240.13d-1(b)(1)(ii)(E);

 

(f)

[    ]

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

(g)

[    ]

A parent holding company or control person in accordance with § 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 §240.13d-1(b)(1)(ii)(J).


Item 4.

Ownership.

 

(a)

Amount beneficially owned:

1,970,000

 

(b)

Percent of class:

7.3%

 

(c)

Number of shares as to which the person has:

 

 

(i)

Sole power to vote or to direct the vote

0

 

 

(ii)

Shared power to vote or to direct the vote

1,970,000

 

 

(iii)

Sole power to dispose or to direct the disposition of

0

 

 

(iv)

Shared power to dispose or to direct the disposition of

1,970,000


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 [    ].


Instruction: Dissolution of a group requires a response to this item.

                                 


Item 6.

Ownership of More than Five Percent on Behalf of Another Person

 


Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

 

N/A


Item 8.

Identification and Classification of Members of the Group

 

See Item 2(a) of this Schedule.


Item 9.

Notice of Dissolution of Group

 

N/A


Item 10.

Certifications

 

  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 my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 
Date:   February 29, 2008
  WC Capital Management, LLC

 
  By: /s/ Aaron Braun
      Aaron Braun
  Title:    Manager 
 
  Aaron Braun

 
  By: /s/ Aaron Braun
      Aaron Braun
 


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