0001571049-14-000053.txt : 20140107
0001571049-14-000053.hdr.sgml : 20140107
20140107163611
ACCESSION NUMBER: 0001571049-14-000053
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140106
FILED AS OF DATE: 20140107
DATE AS OF CHANGE: 20140107
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Taslitz Steven
CENTRAL INDEX KEY: 0001407214
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23741
FILM NUMBER: 14513925
MAIL ADDRESS:
STREET 1: 1033 SKOKIE BOULEVARD
STREET 2: SUITE 600
CITY: NORTHBROOK
STATE: IL
ZIP: 60062
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HOEHN SARIC RULDOLF CHRISTOPHER
CENTRAL INDEX KEY: 0001011193
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23741
FILM NUMBER: 14513926
MAIL ADDRESS:
STREET 1: C/O 650 DUNDEE ROAD
STREET 2: SUITE 370
CITY: NORTHBROOK
STATE: IL
ZIP: 60062
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ELFMAN MERRICK
CENTRAL INDEX KEY: 0001011186
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23741
FILM NUMBER: 14513927
MAIL ADDRESS:
STREET 1: C/O 650 DUNDEE ROAD
STREET 2: SUITE 370
CITY: NORTHBROOK
STATE: IL
ZIP: 60062
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BECKER DOUGLAS L
CENTRAL INDEX KEY: 0001072473
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23741
FILM NUMBER: 14513929
MAIL ADDRESS:
STREET 1: C/O 650 DUNDEE ROAD
STREET 2: SUITE 370
CITY: NORTHBROOK
STATE: IL
ZIP: 60062
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sterling Capital Partners IV, LLC
CENTRAL INDEX KEY: 0001592773
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23741
FILM NUMBER: 14513930
BUSINESS ADDRESS:
STREET 1: 401 N. MICHIGAN AVE.
STREET 2: SUITE #3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
BUSINESS PHONE: (312) 465-7000
MAIL ADDRESS:
STREET 1: 401 N. MICHIGAN AVE.
STREET 2: SUITE #3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SC Partners IV, L.P.
CENTRAL INDEX KEY: 0001592772
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23741
FILM NUMBER: 14513931
BUSINESS ADDRESS:
STREET 1: 401 N. MICHIGAN AVE.
STREET 2: SUITE #3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
BUSINESS PHONE: (312) 465-7000
MAIL ADDRESS:
STREET 1: 401 N. MICHIGAN AVE.
STREET 2: SUITE #3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Blue Eagle Holdings, L.P.
CENTRAL INDEX KEY: 0001592759
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23741
FILM NUMBER: 14513934
BUSINESS ADDRESS:
STREET 1: 401 N. MICHIGAN AVE.
STREET 2: SUITE #3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
BUSINESS PHONE: (312) 465-7000
MAIL ADDRESS:
STREET 1: 401 N. MICHIGAN AVE.
STREET 2: SUITE #3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: INNOTRAC CORP
CENTRAL INDEX KEY: 0001051114
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 581592285
STATE OF INCORPORATION: GA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6655 SUGARLOAF PARKWAY
CITY: DULUTH
STATE: GA
ZIP: 30097
BUSINESS PHONE: 678-584-4000
MAIL ADDRESS:
STREET 1: 6655 SUGARLOAF PARKWAY
CITY: DULUTH
STATE: GA
ZIP: 30097
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Blue Eagle GP, LLC
CENTRAL INDEX KEY: 0001592768
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23741
FILM NUMBER: 14513933
BUSINESS ADDRESS:
STREET 1: 401 N. MICHIGAN AVE.
STREET 2: SUITE #3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
BUSINESS PHONE: (312) 465-7000
MAIL ADDRESS:
STREET 1: 401 N. MICHIGAN AVE.
STREET 2: SUITE #3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BECKER ERIC D
CENTRAL INDEX KEY: 0001165803
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23741
FILM NUMBER: 14513928
MAIL ADDRESS:
STREET 1: C/O 650 DUNDEE ROAD
STREET 2: SUITE 370
CITY: NORTHBROOK
STATE: IL
ZIP: 60062
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sterling Capital Partners IV, L.P.
CENTRAL INDEX KEY: 0001521327
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23741
FILM NUMBER: 14513932
BUSINESS ADDRESS:
STREET 1: 650 S. EXETER STREET
STREET 2: SUITE 1000
CITY: BALTIMORE
STATE: MD
ZIP: 21202
BUSINESS PHONE: 443-703-1700
MAIL ADDRESS:
STREET 1: 650 S. EXETER STREET
STREET 2: SUITE 1000
CITY: BALTIMORE
STATE: MD
ZIP: 21202
4
1
t1400047_form4.xml
OWNERSHIP DOCUMENT
X0306
4
2014-01-06
0
0001051114
INNOTRAC CORP
INOC
0001592759
Blue Eagle Holdings, L.P.
401 N. MICHIGAN AVE.
SUITE #3300
CHICAGO
IL
60611
0
0
1
0
0001592768
Blue Eagle GP, LLC
401 N. MICHIGAN AVE.
SUITE #3300
CHICAGO
IL
60611
0
0
1
0
0001521327
Sterling Capital Partners IV, L.P.
650 S. EXETER STREET
SUITE 1000
BALTIMORE
MD
21202
0
0
1
0
0001592772
SC Partners IV, L.P.
401 N. MICHIGAN AVE.
SUITE #3300
CHICAGO
IL
60611
0
0
1
0
0001592773
Sterling Capital Partners IV, LLC
401 N. MICHIGAN AVE.
SUITE #3300
CHICAGO
IL
60611
0
0
1
0
0001072473
BECKER DOUGLAS L
C/O 650 DUNDEE ROAD
SUITE 370
NORTHBROOK
IL
60062
0
0
1
0
0001165803
BECKER ERIC D
C/O 650 DUNDEE ROAD
SUITE 370
NORTHBROOK
IL
60062
0
0
1
0
0001011186
ELFMAN MERRICK
C/O 650 DUNDEE ROAD
SUITE 370
NORTHBROOK
IL
60062
0
0
1
0
0001011193
HOEHN SARIC RULDOLF CHRISTOPHER
C/O 650 DUNDEE ROAD
SUITE 370
NORTHBROOK
IL
60062
0
0
1
0
0001407214
Taslitz Steven
C/O 650 DUNDEE ROAD
SUITE 370
NORTHBROOK
IL
60062
0
0
1
0
Common Stock
2014-01-06
4
P
0
6172823
8.20
A
6172823
D
Common Stock
2014-01-06
4
P
0
5839462
8.20
A
12012285
D
Common Stock
2014-01-06
4
P
0
1233155
8.20
A
13245440
D
On January 3, 2014, the tender offer by Blue Eagle Holdings, L.P. ("Parent") and Blue Eagle Acquisition Sub, Inc. ("Acquisition Sub") to purchase all of the issued and outstanding shares of common stock of Innotrac Corporation ("Issuer"), at an offer price of $8.20 per share, expired. On January 6, 2013, Acquisition Sub accepted for purchase a total of 6,172,823 shares of Issuer's common stock (which included 22,900 shares of Issuer's common stock tendered by notices of guaranteed delivery).
This Form 4 is filed on behalf of Parent, Acquisition Sub, Blue Eagle GP, LLC, Sterling Capital Partners IV, L.P., SC Partners IV, L.P., Sterling Partners IV, LLC, Douglas L. Becker, Eric D. Becker, Merrick Elfman, R. Christopher Hoehn-Saric and Steven M. Taslitz (such individuals and entities, collectively, the "Reporting Persons"). Following the completion of the tender offer described in Footnote 1 above, the contribution by Mr. Dorfman and related shareholders described in Footnote 4 below and the merger of Acquisition Sub with and into Issuer described in Footnote 5 below, Parent directly owns 100% of the issued and outstanding shares of common stock of Issuer, the surviving corporation in the merger, (continued in footnote 3)
and such shares may be deemed to be beneficially owned by the other Reporting Persons (other than Acquisition Sub) as a result of the relationships between the Reporting Persons set forth in Item 2 of the Schedule 13D filed by the Reporting Persons concurrently herewith. Each of the Reporting Persons (other than Parent) disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that any such entity or individual, as applicable, is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
On January 6, 2014, Scott D. Dorfman, the Chairman, President and Chief Executive Officer of Issuer, and certain related shareholders contributed 5,839,462 shares of Issuer's common stock to Parent in exchange for 47,883.59 preferred limited partnership units of Parent at a price of $1,000 per preferred unit in Parent (equating to $8.20 per share of common stock of Issuer). Immediately following this contribution, Parent contributed such shares to Acquisition Sub as a contribution to the capital of Acquisition Sub.
On January 6, 2014, Acquisition Sub merged with and into Issuer through a "short-form" merger, without a vote of Issuer's shareholders, pursuant to Section 14-2-1104(a) of the Georgia Business Corporation Code (the "GBCC"), and all remaining publicly held shares (other than shares held in the treasury of Issuer or owned by Parent or Acquisition Sub or held by shareholders who properly demand and perfect dissenters' rights under the GBCC) converted into the right to receive the same $8.20 price per share in cash, without interest and less any applicable withholding tax, that was paid to shareholders who tendered their shares in the tender offer.
/s/ Merrick Elfman, President of Blue Eagle Holdings, L.P. (successor-in-interest to Blue Eagle Acquisition Sub, Inc.)
2014-01-07
/s/ Merrick Elfman, President of Blue Eagle GP, LLC
2014-01-07
STERLING CAPITAL PARTNERS IV, L.P. by /s/ Merrick Elfman
2014-01-07
SC PARTNERS IV, L.P by /s/ Merrick Elfman
2014-01-07
/s/ Merrick Elfman, Managing Director of Sterling Capital Partners IV, LLC
2014-01-07
/s/ M. Avi Epstein, attorney-in-fact for Douglas L. Becker
2014-01-07
/s/ M. Avi Epstein, attorney-in-fact for Eric D. Becker
2014-01-07
/s/ Merrick Elfman
2014-01-07
/s/ M. Avi Epstein, attorney-in-fact for R. Christopher Hoehn-Saric
2014-01-07
/s/ M. Avi Epstein, attorney-in-fact for Steven M. Taslitz
2014-01-07