0000935069-05-000276.txt : 20120629
0000935069-05-000276.hdr.sgml : 20120629
20050223143641
ACCESSION NUMBER: 0000935069-05-000276
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050223
DATE AS OF CHANGE: 20050223
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: TLC VISION CORP
CENTRAL INDEX KEY: 0001010610
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-SPECIALTY OUTPATIENT FACILITIES, NEC [8093]
IRS NUMBER: 980151150
STATE OF INCORPORATION: A6
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-53321
FILM NUMBER: 05633924
BUSINESS ADDRESS:
STREET 1: 5600 EXPLORER DRIVE
STREET 2: SUITE 301
CITY: MISSISSAUGA ONTARIO
STATE: A6
ZIP: 00000
BUSINESS PHONE: 3144346900
MAIL ADDRESS:
STREET 1: 540 MARYVILLE CENTRE DR
STREET 2: -
CITY: ST LOUIS
STATE: MO
ZIP: 63141
FORMER COMPANY:
FORMER CONFORMED NAME: TLC LASER CENTER INC
DATE OF NAME CHANGE: 19960314
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: GALLEON MANAGEMENT L P
CENTRAL INDEX KEY: 0001056829
IRS NUMBER: 133926982
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 135 E 57TH STREET
STREET 2: 16TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212-371-2939
MAIL ADDRESS:
STREET 1: 135 EAST 57TH STREET 16TH FLOOR
STREET 2: 16TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
SC 13G
1
g16095tlcvision_ncsrform.txt
GALLEON TLC VISION SC 13G FILING
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
----------------------
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES
13D-1(B), (C) AND (D) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13D-2(B)
(Amendment No. )1
TLC Vision Corporation
----------------------
(Name of Issuer)
Common Stock
------------
(Title of Class of Securities)
872549100
---------
(CUSIP Number)
February 15, 2005
-----------------
(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)
(Page 1 of 15 Pages)
----------
1 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 in 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, as amended (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. 872549100 13G Page 2 of 15 Pages
--------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Raj Rajaratnam
---------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
---------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
---------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY -------------------------------------------------------------------------------------------
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 3,477,000
WITH -------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
-------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,477,000
---------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,477,000
---------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
---------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.1%
---------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
---------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 872549100 13G Page 3 of 15 Pages
--------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Management, L.L.C.
---------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
---------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY -------------------------------------------------------------------------------------------
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 3,477,000
WITH -------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
-------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,477,000
---------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,477,000
---------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
---------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.1%
---------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
---------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 872549100 13G Page 4 of 15 Pages
--------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Management, L.P.
---------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
---------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY -------------------------------------------------------------------------------------------
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 3,477,000
WITH -------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
-------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,477,000
---------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,477,000
---------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
---------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.1%
---------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 872549100 13G Page 5 of 15 Pages
--------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Advisors, L.L.C.
---------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
---------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY -------------------------------------------------------------------------------------------
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 599,537
WITH -------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
-------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
599,537
---------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
599,537
---------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
---------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.9%
---------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
---------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 872549100 13G Page 6 of 15 Pages
--------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Captains Partners, L.P.
---------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
---------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY -------------------------------------------------------------------------------------------
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 488,887
WITH -------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
-------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
488,887
---------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
488,887
---------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
---------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.7%
---------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 872549100 13G Page 7 of 15 Pages
--------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Captains Offshore, Ltd.
---------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
---------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
---------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY -------------------------------------------------------------------------------------------
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 2,068,113
WITH -------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
-------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,068,113
---------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,068,113
---------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
---------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.0%
---------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
---------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 872549100 13G Page 8 of 15 Pages
--------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Healthcare Partners, L.P.
---------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
---------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY -------------------------------------------------------------------------------------------
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 110,650
WITH -------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
-------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
110,650
---------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
110,650
---------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
---------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.2%
---------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
---------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 872549100 13G Page 9 of 15 Pages
--------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Healthcare Offshore, Ltd.
---------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
---------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
---------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY -------------------------------------------------------------------------------------------
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 809,350
WITH -------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
-------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
809,350
---------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
809,350
---------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
---------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.2%
---------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
---------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 872549100 13G Page 10 of 15 Pages
--------------------------------------------------------------------------------
SCHEDULE 13-G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(c)
ITEM 1(A). NAME OF ISSUER:
TLC Vision Corporation
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
5280 Solar Drive, Suite 300
Mississauga, Ontario L4W 4Y2
ITEM 2(A). NAME OF PERSON FILING:
Raj Rajaratnam
Galleon Management, L.L.C.
Galleon Management, L.P.
Galleon Advisors, L.L.C.
Galleon Captains Partners, L.P.
Galleon Captains Offshore, Ltd.
Galleon Healthcare Partners, L.P.
Galleon Healthcare Offshore, Ltd.
Each of the foregoing, a "Reporting Person."
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
For Galleon Management, L.P.:
135 East 57th Street, 16th Floor
New York, NY 10022
For each Reporting Person other than Galleon Management, L.P.:
c/o Galleon Management, L.P.
135 East 57th Street, 16th Floor
New York, NY 10022
ITEM 2(C). CITIZENSHIP:
For Raj Rajaratnam: United States
For Galleon Captains Offshore, Ltd.: Bermuda
--------------------------------------------------------------------------------
CUSIP NO. 872549100 13G Page 11 of 15 Pages
--------------------------------------------------------------------------------
For Galleon Healthcare Offshore, Ltd.: Bermuda
For each Reporting Person other than Raj Rajaratnam, Galleon
Captains Offshore, Ltd. and Galleon Healthcare Offshore,
Ltd.: Delaware.
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock, no par value
ITEM 2(E). CUSIP NUMBER:
872549100
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2 (B)
OR (C), CHECK WHETHER THE PERSON FILING IS A:
Not applicable.
ITEM 4. OWNERSHIP.
For Raj Rajaratnam, Galleon Management, L.P., and Galleon
Management, L.L.C.:
(a) Amount Beneficially Owned:
3,477,000 shares of Common Stock
(b) Percent of Class:
5.1% (Based upon 68,153,000 shares of Common Stock
outstanding as reported by the Issuer in its Current Report
on Form 8-K on December 20, 2004)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 3,477,000
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the disposition
of: 3,477,000
For Galleon Advisors, L.L.C.:
(a) Amount Beneficially Owned:
599,537 shares of Common Stock
(b) Percent of Class:
0.9% (Based upon 68,153,000 shares of Common Stock
outstanding as reported by the Issuer in its Current Report
on Form 8-K on December 20, 2004)
--------------------------------------------------------------------------------
CUSIP NO. 872549100 13G Page 12 of 15 Pages
--------------------------------------------------------------------------------
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 599,537
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the disposition
of: 599,537
For Galleon Captains Partners, L.P.:
(a) Amount Beneficially Owned:
488,887 shares of Common Stock
(b) Percent of Class:
0.7% (Based upon 68,153,000 shares of Common Stock
outstanding as reported by the Issuer in its Current Report
on Form 8-K on December 20, 2004)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 488,887
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the disposition
of: 488,887
For Galleon Captains Offshore, Ltd.:
(a) Amount Beneficially Owned:
2,068,113 shares of Common Stock
(b) Percent of Class:
3.0% (Based upon 68,153,000 shares of Common Stock
outstanding as reported by the Issuer in its Current Report
on Form 8-K on December 20, 2004)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 2,068,113
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the disposition
of: 2,068,113
--------------------------------------------------------------------------------
CUSIP NO. 872549100 13G Page 13 of 15 Pages
--------------------------------------------------------------------------------
For Galleon Healthcare Partners, L.P.:
(a) Amount Beneficially Owned:
110,650 shares of Common Stock
(b) Percent of Class:
0.2% (Based upon 68,153,000 shares of Common Stock
outstanding as reported by the Issuer in its Current Report
on Form 8-K on December 20, 2004)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 110,650
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the disposition
of: 110,650
For Galleon Healthcare Offshore, Ltd.:
(a) Amount Beneficially Owned:
809,350 shares of Common Stock
(b) Percent of Class:
1.2% (Based upon 68,153,000 shares of Common Stock
outstanding as reported by the Issuer in its Current Report
on Form 8-K on December 20, 2004)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 809,350
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the disposition
of: 809,350
Pursuant to the partnership agreements of Galleon Captains Partners, L.P. and
Galleon Healthcare Partners, L.P., Galleon Management, L.P. and Galleon
Advisors, L.L.C. share all investment and voting power with respect to the
securities held by Galleon Captains Partners, L.P. and Galleon Healthcare
Partners, L.P. Pursuant to an investment management agreement, Galleon
Management, L.P. has all investment and voting power with respect to the
securities held by Galleon Captains Offshore, Ltd. and Galleon Healthcare
Offshore, Ltd. Raj Rajaratnam, as the managing member of Galleon Management,
L.L.C., controls Galleon Management, L.L.C., which, as the general partner of
Galleon Management, L.P., controls Galleon Management, L.P. Raj Rajaratnam, as
the managing member of Galleon Advisors, L.L.C., also controls Galleon Advisors,
L.L.C. The shares reported herein by Raj Rajaratnam, Galleon Management, L.P.,
Galleon Management, L.L.C., and Galleon Advisors, L.L.C. may be deemed
beneficially owned as a result of the purchase of such shares by Galleon
Captains Partners, L.P., Galleon Captains Offshore, Ltd., Galleon Healthcare
Partners, L.P. and Galleon Healthcare Offshore, Ltd. as the
--------------------------------------------------------------------------------
CUSIP NO. 872549100 13G Page 14 of 15 Pages
--------------------------------------------------------------------------------
case may be. Each of Raj Rajaratnam, Galleon Management, L.P., Galleon
Management, L.L.C., and Galleon Advisors, L.L.C. disclaims any beneficial
ownership of the shares reported herein, except to the extent of any pecuniary
interest therein.
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 [ ].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR
CONTROL PERSON.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP.
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
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.
--------------------------------------------------------------------------------
CUSIP NO. 872549100 13G Page 15 of 15 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.
/s/ Raj Rajaratnam
----------------------------
Raj Rajaratnam, for HIMSELF;
For GALLEON MANAGEMENT, L.L.C., as its Managing Member;
For GALLEON MANAGEMENT, L.P., as the Managing Member of its
General Partner, Galleon Management, L.L.C.;
For GALLEON ADVISORS, L.L.C., as its Managing Member;
For GALLEON CAPTAINS PARTNERS, L.P., as the Managing Member
of its General Partner, Galleon Advisors, L.L.C.;
For GALLEON CAPTAINS OFFSHORE, LTD., as the Managing Member
of Galleon Management, L.L.C., which is the General
Partner of Galleon Management, L.P., which in turn, is an
Authorized Signatory;
For GALLEON HEALTHCARE PARTNERS, L.P., as the Managing Member
of its General Partner, Galleon Advisors, L.L.C.; and
For GALLEON HEALTHCARE OFFSHORE, LTD., as the Managing Member
of Galleon Management, L.L.C., which is the General
Partner of Galleon Management, L.P., which in turn, is an
Authorized Signatory
Dated: February 23, 2005
EXHIBIT 1
---------
The undersigned acknowledge and agree that the foregoing statement
on Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the others, except to the extent that he or it knows or has reason to
believe that such information is inaccurate.
/s/ Raj Rajaratnam
----------------------------
Raj Rajaratnam, for HIMSELF;
For GALLEON MANAGEMENT, L.L.C., as its Managing Member;
For GALLEON MANAGEMENT, L.P., as the Managing Member of its
General Partner, Galleon Management, L.L.C.;
For GALLEON ADVISORS, L.L.C., as its Managing Member;
For GALLEON CAPTAINS PARTNERS, L.P., as the Managing Member
of its General Partner, Galleon Advisors, L.L.C.;
For GALLEON CAPTAINS OFFSHORE, LTD., as the Managing Member
of Galleon Management, L.L.C., which is the General
Partner of Galleon Management, L.P., which in turn, is an
Authorized Signatory;
For GALLEON HEALTHCARE PARTNERS, L.P., as the Managing Member
of its General Partner, Galleon Advisors, L.L.C.; and
For GALLEON HEALTHCARE OFFSHORE, LTD., as the Managing Member
of Galleon Management, L.L.C., which is the General
Partner of Galleon Management, L.P., which in turn, is an
Authorized Signatory
Dated: February 23, 2005