-----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, QmbTi+DZqE0wX8yqs+LurSUCHiDoDyC/h5196/mwCNdS8NAEqEEeg3uFLRQRRf37 3n//0PGpzy4JMCRF5vp2yg== 0001140223-02-000018.txt : 20021101 0001140223-02-000018.hdr.sgml : 20021101 20021101123426 ACCESSION NUMBER: 0001140223-02-000018 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20021101 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DEEPHAVEN CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001140223 IRS NUMBER: 411908497 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 130 CHESHIRE LANE SUITE 102 CITY: MINNETONKA STATE: MN ZIP: 55305 BUSINESS PHONE: 9522495500 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ANGEION CORP/MN CENTRAL INDEX KEY: 0000815093 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 411579150 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-40187 FILM NUMBER: 02806236 BUSINESS ADDRESS: STREET 1: 350 OAK GROVE PARKWAY CITY: ST PAUL STATE: MN ZIP: 55127 BUSINESS PHONE: 6123152000 MAIL ADDRESS: STREET 1: 350 OAK GROVE PARKWAY CITY: ST PAUL STATE: MN ZIP: 55127 FORMER COMPANY: FORMER CONFORMED NAME: VERDE VENTURES INC DATE OF NAME CHANGE: 19880714 SC 13D 1 form13dangeion.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 -------------- SCHEDULE 13D (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) ANGEION CORPORATION ------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK ------------------------------------------------------------------------------- (Title of Class of Securities) 03462H404 ------------------------------------------------------------------------------- (CUSIP Number) JIM KORN, ESQ. DEEPHAVEN CAPITAL MANAGEMENT LLC 130 CHESHIRE LANE, SUITE 102 MINNETONKA, MN 55305 952-249-5538 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) OCTOBER 25, 2002 - -------------------------------------------------------------------------------- (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 / /. ================================================================================ 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) DEEPHAVEN CAPITAL MANAGEMENT LLC 41-1908497 - -------------------------------------------------------------------------------- 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 DELAWARE - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 758,658 OWNED BY EACH REPORTING PERSON WITH ----------------------------------------------------------------- 8 SHARED VOTING POWER - 0 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 758,658 ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER - 0 - - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 758,658 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 21.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO ================================================================================ Item 1. Security and Issuer This Statement on Schedule 13D (the "Schedule 13D") relates to the Common Stock, CUSIP 03462H404, of Angeion Corporation, a Minnesota corporation (the "Issuer"). The address of the principal executive offices of the Issuer is 350 Oak Grove Parkway, , St. Paul, MN 55127. Item 2. Identity and Background. (a) This statement is filed on behalf of Deephaven Capital Management LLC, a Delaware limited liability company. (b) The principal business address of Deephaven Capital Management LLC is 130 Cheshire Lane, Suite 102, Minnetonka, MN 55305 (c) The principal business of Deephaven Capital Management LLC is an unregistered investment advisor. (d) During the last 5 years, Deephaven Capital Management LLC has not been convicted in a criminal proceeding. (e) During the last 5 years, Deephaven Capital Management LLC, has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction. (f) Deephaven Capital Management LLC is a Delaware limited liability company. Item 3. Source and Amount of Funds or Other Consideration. Deephaven Capital Management LLC owned $5,000,000 of the Issuer's bond. The Issuer filed for a petition for reorganization under Chapter 11 of the Bankruptcy Code. The exchange of these bonds into shares of the Issuer's Common Stock resulted in Deephaven Capital Management LLC acquiring the 758,658 shares reported herein. Item 4. Purpose of the transactions (b) Deephaven Capital Management LLC owned $5,000,000 of the Issuer's bond. The Issuer filed for a petition for reorganization under Chapter 11 of the Bankruptcy Code. The exchange of these bonds into shares of the Issuer's Common Stock resulted in Deephaven Capital Management LLC acquiring the 758,658 shares reported herein. Item 5. Interest in Securities of the Issuer. (a)-(b) The aggregate percentage of Shares of Common Stock reported owned by Deephaven Capital Management LLC herein is based upon 3,594,627 Shares outstanding, which is the total number of Shares of Issuer's Common Stock outstanding as of October 25, 2002 as reported in the Issuer's Form 8-K filed on October 31, 2002. As of the close of business on October 25, 2002, Deephaven Capital Management LLC beneficially owned 758,658 Shares of Common Stock, constituting approximately 21.1% of the Shares outstanding. Deephaven Capital Management LLC has sole voting and dispositive power with respect to the 758,658 Shares. (c) No transactions were effected during the past 60 days. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. N/A Item 7. Material to be Filed as Exhibits. N/A SIGNATURES After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: October 31, 2002 DEEPHAVEN CAPITAL MANAGEMENT LLC /s/ Jim Korn - ------------------------------------------- By: Jim Korn, Chief Legal Officer. -----END PRIVACY-ENHANCED MESSAGE-----