| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
ANACOMP INC [ ANCPA.PK ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 02/24/2005 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Class A Common Stock, $0.01 par value/share | 02/24/2005 | P | 368,400 | A | $16.5 | 1,522,860(1) | I | See footnotes (2) and (3)(2)(3) | ||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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| Explanation of Responses: |
| 1. Includes stock options representing 375 shares that are currently exercisable or exercisable within 60 days of the date hereof. |
| 2. By reason of (i) the position of Tennenbaum Capital Partners, LLC ("TCP") as investment advisor to Special Value Bond Fund, LLC ("Fund I"), Special Value Bond Fund II, LLC ("Fund II"), Special Value Absolute Return Fund, LLC, and a separate account managed by TCP, (ii) the position of Tennenbaum & Co., LLC ("TCO") as managing member of TCP and (iii) the position of Michael E. Tennenbaum as managing member of TCO, each of TCP, TCO and Mr. Tennenbaum may be deemed to share the powers of voting and disposition of 1,522,860 shares of the common stock securities described herein. By reason of the position of SVIM/MSM II, LLC as managing member of Fund II, SVIM/MSM II, LLC may be deemed to share the powers of voting and disposition of 1,199,137 shares of the common stock securities described herein. The reporting persons disclaim beneficial ownership of the reported securities, except to the extent of their pecuniary interest therein. |
| 3. Mr. Tennenbaum is a director may be deemed to be a 10% beneficial owner of the issuer and is filing this Form 4 in both of these capacities pursuant to Instruction 4(b)(v) of Form 4. |
| Remarks: |
| Exhibit List - Exhibit 99.1: Limited Power of Attorney granted to David A. Hollander, dated as of April 22, 2003, incorporated by reference to the Power of Attorney filed as an exhibit to the Form 4 filed on January 18, 2005 for Special Value Opportunities Fund LLC. |
| /s/David A. Hollander as Attorney in-Fact for Michael E. Tennenbaum | 02/28/2005 | |
| By: Tennenbaum & Co., LLC, /s/David A. Hollander as Attorney in-Fact for Michael E. Tennenbaum, Its: Managing Member | 02/28/2005 | |
| By:Tennenbam Capital Partners, LLC, By: Tennenbaum & Co., LLC, its: Managing Member, /s/David A. Hollander as Attorney in Fact for Michael E. Tennenbam, Its:Managing Member | 02/28/2005 | |
| By: SVIM/MCM II, LLC, By: Tennenbam & Co., LLC, its: Managing Member, /s/David A. Hollander as Attorney in-Fact for Michael E. Tennenbaum, Its: Managing Member | 02/28/2005 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||