-----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, RH63VT5mlgUdifK0ozCDhKvDk8+gc3r5JsMQdmXyx2MO29Rs1gDIDy3jxvPWZw83 sdVpsIXmQ8LRuB/dU3PPxw== 0000899140-09-000435.txt : 20090217 0000899140-09-000435.hdr.sgml : 20090216 20090217162450 ACCESSION NUMBER: 0000899140-09-000435 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090217 DATE AS OF CHANGE: 20090217 GROUP MEMBERS: EAGLEROCK INSTITUTIONAL PARTNERS, LP GROUP MEMBERS: NADER TAVAKOLI SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ENDWAVE CORP CENTRAL INDEX KEY: 0001118941 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 954333817 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60995 FILM NUMBER: 09614213 BUSINESS ADDRESS: STREET 1: 130 BAYTECH DRIVE CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: (408)522-3100 MAIL ADDRESS: STREET 1: 130 BAYTECH DRIVE CITY: SAN JOSE STATE: CA ZIP: 95134 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EagleRock Capital Management, L.L.C. CENTRAL INDEX KEY: 0001245844 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 551 FIFTH AVENUE 34TH FL CITY: NEW YORK STATE: NY ZIP: 10176 BUSINESS PHONE: 2126925412 MAIL ADDRESS: STREET 1: 551 FIFTH AVENUE 34TH FL CITY: NEW YORK STATE: NY ZIP: 10176 FORMER COMPANY: FORMER CONFORMED NAME: EAGLEROCK CAPIAL MANAGEMENT LLC DATE OF NAME CHANGE: 20030624 SC 13G/A 1 e4730802.txt FIFTH AMENDMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 5)* ENDWAVE CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, Par Value $0.001 Per Share - -------------------------------------------------------------------------------- (Title of Class of Securities) 29264A206 --------- (CUSIP Number) December 31, 2008 ----------------- (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) *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 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). - --------------------------- ------------------ CUSIP No. 29264A206 13G Page 2 of 8 Pages - --------------------------- ------------------ - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON EagleRock Capital Management, LLC - ---------- --------------------------------------------------------------------- 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 0 ----- ---------------------------------------------------- 6 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 1,233,845 BY EACH REPORTING ----- ---------------------------------------------------- PERSON WITH 7 SOLE DISPOSITIVE POWER 0 ----- ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,233,845 - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,233,845 - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.4% (see Item 4) - ---------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - ---------- -------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT - --------------------------- ------------------ CUSIP No. 29264A206 13G Page 3 of 8 Pages - --------------------------- ------------------ - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Nader Tavakoli - ---------- --------------------------------------------------------------------- 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 0 ----- ---------------------------------------------------- 6 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 1,233,845 BY EACH REPORTING ----- ---------------------------------------------------- PERSON WITH 7 SOLE DISPOSITIVE POWER 0 ----- ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,233,845 - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,233,845 - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.4% (see Item 4) - ---------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------- -------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT - --------------------------- ------------------ CUSIP No. 29264A206 13G Page 4 of 8 Pages - --------------------------- ------------------ - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON EagleRock Institutional Partners, LP - ---------- --------------------------------------------------------------------- 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 0 ----- ---------------------------------------------------- 6 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 1,016,277 BY EACH REPORTING ----- ---------------------------------------------------- PERSON WITH 7 SOLE DISPOSITIVE POWER 0 ----- ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,016,277 - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,016,277 - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11.0% (see Item 4) - ---------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ---------- -------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT SCHEDULE 13G This Amendment No. 5 to Schedule 13G (this "Amendment No. 5") is being filed on behalf of EagleRock Capital Management, LLC, a Delaware limited liability company ("EagleRock Capital"), Mr. Nader Tavakoli, the principal of EagleRock Capital, and EagleRock Institutional Partners, LP, a Delaware limited partnership ("ERIP"), with respect to shares of Common Stock, par value $0.001 per share (the "Common Stock") of Endwave Corporation, a corporation organized under the laws of the State of Delaware (the "Issuer"), to amend the Schedule 13G filed on November 10, 2005 (as amended by Amendment No. 1 thereto filed on November 14, 2005, Amendment No. 2 thereto filed on February 14, 2006, Amendment No. 3 thereto filed on February 14, 2007, Amendment No. 4 thereto filed on January 4, 2008 and this Amendment No. 5, collectively, the "Schedule 13G"). Capitalized terms used herein and not otherwise defined have the meanings ascribed thereto in the Schedule 13G. Item 1(a) Name of Issuer: -------------- Endwave Corporation Item 1(b) Address of Issuer's Principal Executive Offices: ----------------------------------------------- 130 Baytech Drive San Jose, CA 95134 Items 2(a) Name of Person Filing: --------------------- EagleRock Capital Management, LLC, Nader Tavakoli, and EagleRock Institutional Partners, LP. Item 2(b) Address of Principal Business Office: ------------------------------------ 24 West 40th St., 10th Floor New York, NY 10018 Item 2(c) Citizenship: ----------- EagleRock Capital is a limited liability company organized under the laws of the state of Delaware. Nader Tavakoli is a United States citizen. ERIP is a Delaware limited partnership. Item 2(d) Title of Class of Securities: ---------------------------- Common Stock, par value $0.001 per share Item 2(e) CUSIP Number: ------------ 29264A206 Item 3 Not Applicable Page 5 of 8 Item 4 Ownership: --------- The percentages used herein are calculated based upon the 9,216,760 shares of Common Stock issued and outstanding as of October 24, 2008, as reported on the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 11, 2008. As of the close of business on December 31, 2008: 1. EagleRock Capital Management, LLC (a) Amount beneficially owned: 1,233,845 (b) Percent of class: 13.4% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 1,233,845 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 1,233,845 2. Nader Tavakoli (a) Amount beneficially owned: 1,233,845 (b) Percent of class: 13.4% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 1,233,845 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 1,233,845 3. EagleRock Institutional Partners, LP (a) Amount beneficially owned: 1,016,277 (b) Percent of class: 11.0% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 1,016,277 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 1,016,277 EagleRock Capital and Nader Tavakoli own directly no shares of Common Stock. Pursuant to investment management agreements, EagleRock Capital maintains investment and voting power with respect to the shares of Common Stock held by EagleRock Master Fund, LP, a limited partnership existing under the laws of the Cayman Islands ("ERMF") and ERIP. Mr. Tavakoli is the manager of EagleRock Capital and therefore controls its investment decisions. ERMF holds 217,568 shares of Common Stock. ERIP holds 1,016,277 shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934, as amended, each of EagleRock Capital and Mr. Tavakoli may be deemed to beneficially own 1,233,845 Page 6 of 8 shares of Common Stock (constituting approximately 13.4% of the shares of Common Stock outstanding). The filing of this amendment to Schedule 13G shall not be construed as an admission that EagleRock Capital or Mr. Tavakoli is for the purposes of Section 13(d) or 13(g) of the Securities Act of 1934, the beneficial owner of any of the shares of Common Stock held by ERMF or ERIP. Pursuant to Rule 13d-4, each of EagleRock and Mr. Tavakoli disclaim all such beneficial ownership. 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: ----------------------------------------- Not Applicable Item 8 Identification and Classification of Members -------------------------------------------- of the Group: ------------ Not Applicable Item 9 Notice of Dissolution of Group: ------------------------------ Not Applicable Item 10 Certification: ------------- By signing below the signatory certifies that, to the best of his 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. Page 7 of 8 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. Dated: February 17, 2009 EAGLEROCK CAPITAL MANAGEMENT, LLC By: /s/ Nader Tavakoli ------------------------------------- Name: Nader Tavakoli Title: Managing Member NADER TAVAKOLI /s/ Nader Tavakoli - --------------------------------------------- EAGLEROCK INSTITUTIONAL PARTNERS, LP By: EagleRock Institutional GP, LLC, its general partner By: /s/ Nader Tavakoli ------------------------------------- Name: Nader Tavakoli Title: Managing Member Page 8 of 8 -----END PRIVACY-ENHANCED MESSAGE-----