-----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, U94PYeBnN9jPEcjUXxlFnxfEsGdKxukwDi7nB+8mYYwJuYWVRYU0ygKeNl4RoaCk XfANNfclVyCYEhYl+rgpUw== 0001169232-02-000729.txt : 20020812 0001169232-02-000729.hdr.sgml : 20020812 20020812165724 ACCESSION NUMBER: 0001169232-02-000729 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020812 GROUP MEMBERS: JDS CAPITAL MANAGEMENT, INC. GROUP MEMBERS: JDS CAPITAL MANAGEMENT, LLC GROUP MEMBERS: JDS CAPITAL, L.P. GROUP MEMBERS: JOSEPH D. SAMBERG SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TTR TECHNOLOGIES INC CENTRAL INDEX KEY: 0000933955 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 113223672 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-58629 FILM NUMBER: 02727351 BUSINESS ADDRESS: STREET 1: 1841 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10023 BUSINESS PHONE: 0119799766 MAIL ADDRESS: STREET 1: 2 HANAGER STREET CITY: KFAR SASBA ISRAEL STATE: L3 FORMER COMPANY: FORMER CONFORMED NAME: TTR INC DATE OF NAME CHANGE: 19960906 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JDS CAPITAL MANAGEMENT INC CENTRAL INDEX KEY: 0001097562 IRS NUMBER: 133918633 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 780 THIRD AVENUE 45TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2128339921 MAIL ADDRESS: STREET 1: 780 THIRD AVENUE 45TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 SC 13D/A 1 d51462_sc13d-a.txt AMENDMENT NO. 1 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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) (Amendment No. 1)* TTR TECHNOLOGIES, INC. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 87305 U102 (CUSIP Number) Eric Roth, Esq. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. Chrysler Center 666 Third Avenue New York, New York 10017 (212) 935-3000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 5, 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.|X|. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss. 240.13d-7(b) 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). CUSIP NO. 87305U102 - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS Dimensional Partners, Ltd. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) NA - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 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 Cayman Islands - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER -------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 1,388,310 OWNED BY -------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON WITH -------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 1,388,310 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,388,310 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.89% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 9 pages CUSIP NO. 87305U102 - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS JDS Capital, L.P. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 13-4189233 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 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 State of Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER -------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 1,250,690 OWNED BY -------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON WITH -------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 1,250,690 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,250,690 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.10% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 9 pages CUSIP NO. 87305U102 - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS JDS Capital Management, LLC I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 13-3918633 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 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 State of Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER -------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 1,250,690 OWNED BY -------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON WITH -------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 1,250,690 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,250,690 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.10% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 9 pages CUSIP NO. 87305U102 - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS JDS Capital Management, Inc. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 13-3918633 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 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 State of Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER -------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 1,388,310 OWNED BY -------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON WITH -------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 1,388,310 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,388,310 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.89% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 5 of 9 pages CUSIP NO. 87305U102 - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS Joseph D. Samberg I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 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 of America - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER -------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 2,639,000 OWNED BY -------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON WITH -------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 2,639,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,639,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.99% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 6 of 9 pages Item 1. Security and Issuer This Amendment No. 1 to Schedule 13D (the "Amendment No. 1") relates to the common stock, $.001 par value per share (the "Common Stock"), of TTR Technologies, Inc., a Delaware corporation, the principal executive offices of which are located at 2 HaNagar Street, Kfar Saba, Israel. The Reporting Persons (as defined below) hereby amend their statement on Schedule 13D relating to the shares of Common Stock as set forth below. The Reporting Persons (as defined below) are filing this Amendment No.1 to report certain changes in the form of beneficial ownership with respect to their ownership of the shares of Common Stock as previously reported on a Schedule 13D filed by the Reporting Persons and certain other parties on April 30, 2002 (the "Schedule 13D") resulting from a merger transaction involving one of the Reporting Persons and a party previously identified as a Reporting Person in the Schedule 13D. Item 2. Identity and Background Item 2 of the Schedule 13D is hereby amended and restates the first paragraph of such Item as follows: This statement is being filed jointly by JDS Capital, L.P., JDS Capital Management, LLC, Dimensional Partners, Ltd., JDS Capital Management, Inc. and Joseph D. Samberg (collectively, the "Reporting Persons"). Item 2 of the Schedule 13D is hereby further amended to add the following information: As a result of the merger of Dimensional Partners, L.P. (a party previously identified as a Reporting Person in the Schedule 13D by virtue of its direct beneficial ownership of Common Stock) with and into JDS Capital, L.P. on August 5, 2002: (i) all of the shares of Common Stock previously directly beneficially owned by Dimensional Partners, L.P. are now beneficially owned by JDS Capital, L.P.; (ii) Dimensional Partners, L.P. ceased to exist as a separate entity and therefore is no longer a Reporting Person; and (iii) JDS Asset Management, LLC (the former general partner of Dimensional Partners, L.P. and a party previously identified as a Reporting Person in the Schedule 13D by virtue of its deemed indirect beneficial ownership of the Common Stock owned by Dimensional Partners, L.P.) ceased to beneficially own any shares of Common Stock and is therefore no longer a Reporting Person. Item 5. Interest in Securities of the Issuer Sections (a) and (b) of Item 5 of the Schedule 13D is hereby restated as follows: (a) and (b) As of the date hereof, JDS Capital, L.P., JDS Capital Management, LLC (as the general partner of JDS Capital, L.P.) and Joseph D. Samberg (as the managing member of JDS Capital Management, LLC) are deemed to beneficially own an aggregate of 1,250,690 shares of Common Stock, representing approximately 7.10% of the number of shares of Common Stock stated to be outstanding by the Issuer in its Proxy Statement on Schedule 14A filed July 24, 2002 Page 7 of 9 pages (the "Schedule 14A"). JDS Capital, L.P. is deemed to be the direct beneficial owner, and JDS Capital Management, LLC and Joseph D. Samberg are deemed to be the indirect beneficial owners of the 1,250,690 shares of Common Stock. JDS Capital Management, LLC and Joseph D. Samberg disclaim beneficial ownership of the shares of Common Stock directly beneficially owned by JDS Capital, L.P. (except for the indirect interest of JDS Capital Management, LLC by virtue of being the general partner of JDS Capital, L.P. and the indirect interest of Joseph D. Samberg by virtue of being the managing member of JDS Capital Management, LLC and by Joseph D. Samberg's ownership of approximately 32% of the limited partnership interests of JDS Capital, L.P.). JDS Capital, L.P., JDS Capital Management, LLC and Joseph D. Samberg have shared power to direct the vote and shared power to direct the disposition of these shares of Common Stock. As of the date hereof, Dimensional Partners, Ltd., JDS Capital Management, Inc. (as the investment manager and sub-advisor of Dimensional Partners, Ltd.) and Joseph D. Samberg (as the sole stockholder of JDS Capital Management, Inc.) are deemed to beneficially own an aggregate of 1,388,310 shares of Common Stock, representing approximately 7.89% of the number of shares of Common Stock stated to be outstanding by the Issuer in the Schedule 14A. Dimensional Partners, Ltd. is deemed to be the direct beneficial owner, and JDS Capital Management, Inc. and Joseph D. Samberg are deemed to be the indirect beneficial owners of the 1,388,310 shares of Common Stock. JDS Capital Management, Inc. and Joseph D. Samberg disclaim beneficial ownership of the shares of Common Stock directly beneficially owned by Dimensional Partners, Ltd. (except for the indirect interest of JDS Capital Management, Inc. by virtue of being the investment manager and sub-advisor of Dimensional Partners, Ltd. and the indirect interest of Joseph D. Samberg by virtue of being the sole stockholder of JDS Capital Management, Inc.). Dimensional Partners, Ltd., JDS Capital Management, Inc. and Joseph D. Samberg have shared power to direct the vote and shared power to direct the disposition of these shares of Common Stock. The 2,639,000 shares of Common Stock of which Joseph D. Samberg is deemed to be the indirect beneficial owner represent approximately 14.99% of the outstanding shares of Common Stock (based upon the Schedule 14A). Section (c) of Item 5 of the Schedule 13D is hereby amended to add the following information: (c) The Reporting Persons and the executive officers and directors listed in Item 2 have effected the following transactions in the shares of Common Stock within the past 60 days: 7. On August 5, 2002, Dimensional Partners, L.P. (a party previously identified as a Reporting Person in the Schedule 13D by virtue of its direct beneficial ownership of Common Stock) merged with and into JDS Capital, L.P. As a result of this merger, the 817,440 shares of Common Stock previously directly beneficially owned by Dimensional Partners, L.P. are now beneficially owned by JDS Capital, L.P. Neither the Reporting Persons nor the executive officers and directors listed in Item 2 have effected any other transactions in the shares of Common Stock within the past 60 days. Page 8 of 9 pages 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: August 12, 2002 JDS CAPITAL L.P. By: JDS Capital Management, LLC, its general partner By: /s/ Joseph D. Samberg -------------------------------------- Name: Joseph D. Samberg Title: Managing Member JDS CAPITAL MANAGEMENT, LLC By: /s/ Joseph D. Samberg -------------------------------------- Name: Joseph D. Samberg Title: Managing Member DIMENSIONAL PARTNERS, LTD. By: JDS Capital Management, Inc., its investment manager and sub-advisor By: /s/ Joseph D. Samberg -------------------------------------- Name: Joseph D. Samberg Title: President JDS CAPITAL MANAGEMENT, INC. By: /s/ Joseph D. Samberg -------------------------------------- Name: Joseph D. Samberg Title: President /s/ Joseph D. Samberg -------------------------------------- Joseph D. Samberg Page 9 of 9 pages -----END PRIVACY-ENHANCED MESSAGE-----