-----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, PnpI8O6byYZZiiPacbgFhKHa1eaHxreWC+0FkXGxfdrOA/+mFCXzJfdjMXjMax4y b98lkLXwYFy/Isz8+rQSiQ== 0001209191-09-016275.txt : 20090313 0001209191-09-016275.hdr.sgml : 20090313 20090313183722 ACCESSION NUMBER: 0001209191-09-016275 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090311 FILED AS OF DATE: 20090313 DATE AS OF CHANGE: 20090313 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TOLLGRADE COMMUNICATIONS INC \PA\ CENTRAL INDEX KEY: 0001002531 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-TELEPHONE INTERCONNECT SYSTEMS [7385] IRS NUMBER: 251537134 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 493 NIXON RD CITY: CHESWICK STATE: PA ZIP: 15024 BUSINESS PHONE: 4122742156 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RCG Enterprise Ltd CENTRAL INDEX KEY: 0001418492 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-27312 FILM NUMBER: 09681605 BUSINESS ADDRESS: STREET 1: 599 LEXINGTON AVENUE 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2122014823 MAIL ADDRESS: STREET 1: 599 LEXINGTON AVENUE 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Starboard Value & Opportunity Master Fund Ltd CENTRAL INDEX KEY: 0001373638 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-27312 FILM NUMBER: 09681606 BUSINESS ADDRESS: STREET 1: C/O RAMIUS LLC STREET 2: 599 LEXINGTON AVENUE 2OTH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 201-4823 MAIL ADDRESS: STREET 1: C/O RAMIUS LLC STREET 2: 599 LEXINGTON AVENUE 2OTH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Parche, LLC CENTRAL INDEX KEY: 0001329983 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-27312 FILM NUMBER: 09681607 BUSINESS ADDRESS: STREET 1: 599 LEXINGTON AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-201-4823 MAIL ADDRESS: STREET 1: 599 LEXINGTON AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RAMIUS ADVISORS LLC CENTRAL INDEX KEY: 0001275893 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-27312 FILM NUMBER: 09681604 BUSINESS ADDRESS: STREET 1: 599 LEXINGTON AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2122014823 MAIL ADDRESS: STREET 1: 599 LEXINGTON AVENUE 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RCG STARBOARD ADVISORS, LLC CENTRAL INDEX KEY: 0001329989 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-27312 FILM NUMBER: 09681603 BUSINESS ADDRESS: STREET 1: 599 LEXINGTON AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-201-4841 MAIL ADDRESS: STREET 1: 599 LEXINGTON AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER NAME: FORMER CONFORMED NAME: Admiral Advisors, LLC DATE OF NAME CHANGE: 20050613 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RAMIUS LLC CENTRAL INDEX KEY: 0001050154 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-27312 FILM NUMBER: 09681608 BUSINESS ADDRESS: STREET 1: 599 LEXINGTON AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2122014823 MAIL ADDRESS: STREET 1: 599 LEXINGTON AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER NAME: FORMER CONFORMED NAME: RAMIUS CAPITAL GROUP LLC DATE OF NAME CHANGE: 20010212 4 1 doc4.xml FORM 4 SUBMISSION X0303 4 2009-03-11 0 0001002531 TOLLGRADE COMMUNICATIONS INC \PA\ TLGD 0001050154 RAMIUS LLC 599 LEXINGTON AVENUE 21ST FLOOR NEW YORK NY 10022 0 0 1 0 0001329983 Parche, LLC C/O RAMIUS LLC 599 LEXINGTON AVENUE, 21ST FLOOR NEW YORK NY 10022 0 0 1 0 0001373638 Starboard Value & Opportunity Master Fund Ltd C/O RAMIUS LLC 599 LEXINGTON AVENUE, 21ST FLOOR NEW YORK NY 10022 0 0 1 0 0001418492 RCG Enterprise Ltd C/O RAMIUS LLC 599 LEXINGTON AVENUE, 21ST FLOOR NEW YORK NY 10022 0 0 1 0 0001275893 RAMIUS ADVISORS LLC C/O RAMIUS LLC 599 LEXINGTON AVENUE, 21ST FLOOR NEW YORK NY 10022 0 0 1 0 0001329989 RCG STARBOARD ADVISORS, LLC C/O RAMIUS LLC 599 LEXINGTON AVENUE, 21ST FLOOR NEW YORK NY 10022 0 0 1 0 Common Stock, par value $0.20 2009-03-11 4 P 0 146 5.6951 A 283643 I By Parche, LLC Common Stock, par value $0.20 2009-03-11 4 P 0 35 5.70 A 283678 I By Parche, LLC Common Stock, par value $0.20 2009-03-12 4 P 0 168 5.6981 A 283846 I By Parche, LLC Common Stock, par value $0.20 2009-03-12 4 P 0 261 5.6988 A 284107 I By Parche, LLC Common Stock, par value $0.20 2009-03-11 4 P 0 764 5.6951 A 1488802 I By Ramius Value and Opportunity Master Fund Common Stock, par value $0.20 2009-03-11 4 P 0 185 5.70 A 1488987 I By Ramius Value and Opportunity Master Fund Common Stock, par value $0.20 2009-03-12 4 P 0 881 5.6981 A 1489868 I By Ramius Value and Opportunity Master Fund Common Stock, par value $0.20 2009-03-12 4 P 0 1370 5.6988 A 1491238 I By Ramius Value and Opportunity Master Fund Each Reporting Person may be deemed to be a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding shares of Common Stock. To enable all of the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the first of two identical reports relating to the same transaction being filed with the Securities and Exchange Commission. Each Reporting Person (other than Parche, LLC and Ramius Value and Opportunity Master Fund Ltd) disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose. Shares of Common Stock beneficially owned by Parche, LLC ("Parche"). As the sole non-managing member of Parche, Ramius Enterprise Master Fund Ltd ("Enterprise") may be deemed to beneficially own the shares of Common Stock beneficially owned by Parche. As the managing member of Parche, RCG Starboard Advisors, LLC ("RCG Starboard Advisors") may be deemed to beneficially own the shares of Common Stock beneficially owned by Parche. As the investment advisor of Enterprise, Ramius Advisors, LLC ("Ramius Advisors") may be deemed to beneficially own the shares of Common Stock beneficially owned by Parche. As the sole member of each of RCG Starboard Advisors and Ramius Advisors, Ramius LLC may be deemed to beneficially own the shares of Common Stock beneficially owned by Parche. Shares of Common Stock beneficially owned by Ramius Value and Opportunity Master Fund Ltd ("Ramius Value and Opportunity Master Fund"). As the investment manager of Ramius Value and Opportunity Master Fund, RCG Starboard Advisors may be deemed to beneficially own the shares of Common Stock beneficially owned by Ramius Value and Opportunity Master Fund. As the sole member of RCG Starboard Advisors, Ramius LLC may be deemed to beneficially own the shares of Common Stock beneficially owned by Ramius Value and Opportunity Master Fund. /s/ Owen S. Littman, Authorized Signatory 2009-03-13 /s/ Owen S. Littman, Authorized Signatory 2009-03-13 /s/ Owen S. Littman, Authorized Signatory 2009-03-13 /s/ Owen S. Littman, Authorized Signatory 2009-03-13 /s/ Owen S. Littman, Authorized Signatory 2009-03-13 /s/ Owen S. Littman, Authorized Signatory 2009-03-13 -----END PRIVACY-ENHANCED MESSAGE-----