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