SC 13D/A 1 j9709_sc13da.htm SC 13D/A

SEC 1746
(11-02)


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UNITED STATES

OMB APPROVAL

 

SECURITIES AND EXCHANGE
COMMISSION

OMB Number:
3235-0145

 

Washington, D.C. 20549

Expires: December 31, 2005

 

SCHEDULE 13D/A

Estimated average burden hours per response. . 11

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

 

 

Apropos Technology, Inc

(Name of Issuer)

 

Common Stock, Par Value $0.01 Per Share

(Title of Class of Securities)

 

038334108

(CUSIP Number)

 

Patrick K. Brady
567 Deer Path Road
Glen Ellyn, Illinois 60137

 

Copy To:

Charles R. Manzoni, Jr.
Gardner Carton & Douglas LLC
191 North Wacker Drive, Suite 3700
Chicago, Illinois 60606

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

April 18, 2003

(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-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 §240.13d-7 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).

 

 

(Page 1 of 13 Pages)



 

CUSIP No.   038334108

13D

Page 2 of 13

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
Patrick K. Brady

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 [ X ]

 

 

(b)

 [     ]

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
PF

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)   [   ]

 

 

6.

Citizenship or Place of Organization
U.S.A.

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7.

Sole Voting Power
1,155,984

 

8.

Shared Voting Power
525,000

 

9.

Sole Dispositive Power
1,155,984

 

10.

Shared Dispositive Power
525,000

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
5,374,811

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  [   ]

 

 

13.

Percent of Class Represented by Amount in Row (11)
32.2%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 



 

CUSIP No.   038334108

13D

Page 3 of 13

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
Catherine R. Brady

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 [ X ]

 

 

(b)

 [     ]

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
PF

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)   [   ]

 

 

6.

Citizenship or Place of Organization
U.S.A.

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7.

Sole Voting Power
612,110

 

8.

Shared Voting Power
525,000

 

9.

Sole Dispositive Power
612,110

 

10.

Shared Dispositive Power
525,000

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
5,374,811

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  [   ]

 

 

13.

Percent of Class Represented by Amount in Row (11)
32.2%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 



 

CUSIP No.   038334108

13D

Page 4 of 13

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
Brady Family Limited Partnership

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 [ X ]

 

 

(b)

 [    ]

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
PF

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)   [   ]

 

 

6.

Citizenship or Place of Organization
Illinois

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7.

Sole Voting Power
525,000

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
525,000

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
5,374,811

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  [   ]

 

 

13.

Percent of Class Represented by Amount in Row (11)
32.2%

 

 

14.

Type of Reporting Person (See Instructions)
PN, HC

 



 

CUSIP No.   038334108

13D

Page 5 of 13

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
Valor Capital Management, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 [ X ]

 

 

(b)

 [     ]

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)   [   ]

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7.

Sole Voting Power
2,542,300

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
2,542,300

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
5,374,811

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  [   ]

 

 

13.

Percent of Class Represented by Amount in Row (11)
32.2%

 

 

14.

Type of Reporting Person (See Instructions)
PN

 



 

CUSIP No.   038334108

13D

Page 6 of 13

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
Kratky Management, LLC

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 [ X ]

 

 

(b)

 [     ]

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)   [   ]

 

 

6.

Citizenship or Place of Organization
New York

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7.

Sole Voting Power
2,542,300

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
2,542,300

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
5,374,811

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  [   ]

 

 

13.

Percent of Class Represented by Amount in Row (11)
32.2%

 

 

14.

Type of Reporting Person (See Instructions)
OO, HC

 



 

CUSIP No.   038334108

13D

Page 7 of 13

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
John M. Kratky III

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 [ X ]

 

 

(b)

 [     ]

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)   [   ]

 

 

6.

Citizenship or Place of Organization
U.S.A.

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7.

Sole Voting Power
2,542,300

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
2,542,300

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
5,374,811

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  [   ]

 

 

13.

Percent of Class Represented by Amount in Row (11)
32.2%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 



 

CUSIP No.   038334108

13D

Page 8 of 13

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
William W. Bach

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 [ X ]

 

 

(b)

 [     ]

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
PF

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)   [   ]

 

 

6.

Citizenship or Place of Organization
U.S.A.

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7.

Sole Voting Power
504,417

 

8.

Shared Voting Power
35,000

 

9.

Sole Dispositive Power
504,417

 

10.

Shared Dispositive Power
35,000

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
5,374,811

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  [   ]

 

 

13.

Percent of Class Represented by Amount in Row (11)
32.2%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 



 

CUSIP No.   038334108

13D

Page 9 of 13

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
Bach Family LP

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 [ X ]

 

 

(b)

 [     ]

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
PF

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)   [   ]

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7.

Sole Voting Power
35,000

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
35,000

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
5,374,811

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  [   ]

 

 

13.

Percent of Class Represented by Amount in Row (11)
32.2%

 

 

14.

Type of Reporting Person (See Instructions)
PN

 



 

CUSIP No.   038334108

13D

Page 10 of 13

 

              This Amendment No. 1 to Schedule 13D (this “Statement”) amends the initial statement on Schedule 13D (the “Initial 13D”) relating to the Common Stock of Apropos Technology, Inc., an Illinois Corporation (the “Company”) filed on March 6, 2003 by Patrick K. Brady, Catherine R. Brady, Brady Family Limited Partnership, Valor Capital Management, L.P., Kratky Management, LLC, John M. Kratky III, William W. Bach and Bach Family L.P. (the “Group Members”)

Item 4.

Purpose of Transaction

On April 18, 2003, the Group Members entered into an Agreement with the Company (the “Agreement”).  The Agreement is filed herewith as Exhibit 3 and incorporated herein by reference, and the following summary of the Agreement is qualified in its entirety by the terms of the Agreement.  The Agreement shall terminate no later than December 31, 2003.  The Agreement provides for, among other things, the Company to include Donald A. DeLoach , a proposed nominee of the Group Members, and Kevin G. Kerns as nominees of the Company for election to the Board of Directors at the Company’s 2003 annual meeting of shareholders and to recommend that the Company’s shareholders vote in favor of the election of Mr. DeLoach and Mr. Kerns.  The Group Members have agreed to certain standstill provisions that restrict them during the term of the Agreement from taking or influencing other shareholders to take certain actions not approved by the Company’s Board of Directors.

Item 5.

Interest in Securities of the Issuer

(a)           As of the date of this Statement, the Reporting Persons (as defined in the Initial 13D) hold, in the aggregate, 5,374,811 Shares, which includes 10,000 Shares that may be acquired upon exercise of options exercisable within 60 days of the date of this Statement.  The Initial 13D erroneously reported that the Reporting Persons hold, in the aggregate, 5,342,511 Shares; none of the Reporting Persons has acquired or disposed of any of the Company’s Common Stock since the Initial 13D.

(b)           The information contained in table form in Rows 7 though 11 on each of pages 2 through 9 hereof, which relates to beneficial ownership, voting and disposition of Shares is hereby incorporated by reference.

(c)           None.

(d)-(e)     Inapplicable.

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

The Agreement is incorporated herein by reference. 

Item 7.

Material to Be Filed as Exhibits

The following documents are each incorporated by reference herein.

 



 

CUSIP No.   038334108

13D

Page 11 of 13

 

 

(1)

Joint Filing Agreement, dated as of March 6, 2003, by and among Patrick K. Brady, Catherine R. Brady, Brady Family Limited Partnership, Valor Capital Management, L.P., Kratky Management, LLC, John M. Kratky III, William W. Bach and Bach Family L.P. (incorporated by reference to Exhibit 1 to the Initial 13D).

 

(2)

Table showing Transactions in Shares effected by Reporting Persons During Past 60 Days.

 

(3)

Agreement dated as of April 18, 2003 by and among the Company, Patrick K. Brady, Catherine R. Brady, Brady Family Limited Partnership, Valor Capital Management, L.P., Kratky Management, LLC, John M. Kratky III, William W. Bach and Bach Family L.P.

 



 

CUSIP No.   038334108

13D

Page 12 of 13

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:  April 18, 2003

 

 

 

/s/ Patrick K. Brady

 

 

 

Patrick K. Brady

 

Name/Title

 

 

 

Date:  April 18, 2003

 

 

 

/s/ Catherine R. Brady

 

 

 

Catherine R. Brady

 

Name/Title

 

 

 

Date:  April 18, 2003

 

 

 

Brady Family Limited Partnership

 

 

 

By:

/s/ Patrick K. Brady

 

 

 

Patrick K. Brady, general partner

 

Name/Title

 

 

 

Date:  April 18, 2003

 

 

 

Valor Capital Management, L.P.

 

 

 

By:  Kratky Management, LLC, General Partner

 

 

 

By:

/s/ John M. Kratky III

 

 

 

John M. Kratky III, Managing Member

 

Name/Title

 



 

CUSIP No.   038334108

13D

Page 13 of 13

 

 

Date:  April 18, 2003

 

 

 

Kratky Management, LLC

 

 

 

By:

/s/ John M. Kratky III

 

 

 

John M. Kratky III, Managing Member

 

Name/Title

 

 

 

Date:  April 18, 2003

 

 

 

/s/ John M. Kratky III

 

 

 

John M. Kratky III

 

Name/Title

 

 

 

Date:  April 18, 2003

 

 

 

/s/ William W. Bach

 

 

 

William W. Bach

 

Name/Title

 

 

 

Date:  April 18, 2003

 

 

 

Bach Family L.P.

 

 

 

By:

/s/ William W. Bach

 

 

 

William W. Bach, General Partner

 

Name/Title