0001140361-15-044970.txt : 20151217 0001140361-15-044970.hdr.sgml : 20151217 20151217170537 ACCESSION NUMBER: 0001140361-15-044970 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151215 FILED AS OF DATE: 20151217 DATE AS OF CHANGE: 20151217 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AUTHENTIDATE HOLDING CORP CENTRAL INDEX KEY: 0000885074 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 141673067 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: CONNELL CORPORATE CENTER STREET 2: 300 CONNELL DRIVE, 5TH FLOOR CITY: BERKELEY HEIGHTS STATE: NJ ZIP: 07922 BUSINESS PHONE: 9087871700 MAIL ADDRESS: STREET 1: CONNELL CORPORATE CENTER STREET 2: 300 CONNELL DRIVE, 5TH FLOOR CITY: BERKELEY HEIGHTS STATE: NJ ZIP: 07922 FORMER COMPANY: FORMER CONFORMED NAME: BITWISE DESIGNS INC DATE OF NAME CHANGE: 19930328 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lazarus Macro Micro Partners LLLP CENTRAL INDEX KEY: 0001639757 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20190 FILM NUMBER: 151294374 BUSINESS ADDRESS: STREET 1: 3200 CHERRY CREEK SOUTH DRIVE STREET 2: SUITE 670 CITY: DENVER STATE: CO ZIP: 80209 BUSINESS PHONE: 303-500-8821 MAIL ADDRESS: STREET 1: 3200 CHERRY CREEK SOUTH DRIVE STREET 2: SUITE 670 CITY: DENVER STATE: CO ZIP: 80209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LAZARUS INVESTMENT PARTNERS LLLP CENTRAL INDEX KEY: 0001232118 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20190 FILM NUMBER: 151294375 BUSINESS ADDRESS: STREET 1: 3200 CHERRY CREEK SOUTH DRIVE STREET 2: SUITE 670 CITY: DENVER STATE: CO ZIP: 80209 BUSINESS PHONE: 303-500-8821 MAIL ADDRESS: STREET 1: 3200 CHERRY CREEK SOUTH DRIVE STREET 2: SUITE 670 CITY: DENVER STATE: CO ZIP: 80209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BORUS JUSTIN B CENTRAL INDEX KEY: 0001531960 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20190 FILM NUMBER: 151294376 MAIL ADDRESS: STREET 1: 3200 CHERRY CREEK SOUTH DRIVE STREET 2: SUITE 670 CITY: DENVER STATE: CO ZIP: 80209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lazarus Management Co LLC CENTRAL INDEX KEY: 0001531964 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20190 FILM NUMBER: 151294377 BUSINESS ADDRESS: STREET 1: 3200 CHERRY CREEK SOUTH DRIVE STREET 2: SUITE 670 CITY: DENVER STATE: CO ZIP: 80209 BUSINESS PHONE: 303-500-8821 MAIL ADDRESS: STREET 1: 3200 CHERRY CREEK SOUTH DRIVE STREET 2: SUITE 670 CITY: DENVER STATE: CO ZIP: 80209 4 1 doc1.xml FORM 4 X0306 4 2015-12-15 0 0000885074 AUTHENTIDATE HOLDING CORP ADAT 0001531964 Lazarus Management Co LLC 3200 CHERRY CREEK SOUTH DRIVE SUITE 670 DENVER CO 80209 0 0 1 0 0001531960 BORUS JUSTIN B 3200 CHERRY CREEK SOUTH DRIVE SUITE 670 DENVER CO 80209 0 0 1 0 0001232118 LAZARUS INVESTMENT PARTNERS LLLP 3200 CHERRY CREEK SOUTH DRIVE SUITE 670 DENVER CO 80209 0 0 1 0 0001639757 Lazarus Macro Micro Partners LLLP 3200 CHERRY CREEK SOUTH DRIVE SUITE 670 DENVER CO 80209 0 0 1 0 Common Stock 6687961 I See Footnotes Warrant (right to buy) 0.25 2015-12-15 4 J 0 1250000 0.00 D 2015-04-24 2019-10-25 Common Stock 1250000 0 I See Footnotes Warrant (right to buy) 0.25 2015-12-15 4 J 0 1250000 0.00 A 2015-12-15 2022-12-15 Common Stock 1250000 1250000 I See Footnotes Warrant (right to buy) 0.25 2015-12-15 4 J 0 357142 0.00 D 2015-04-24 2019-10-25 Common Stock 357142 0 I See Footnotes Warrant (right to buy) 0.25 2015-12-15 4 J 0 357142 0.00 A 2015-12-15 2022-12-15 Common Stock 357142 357142 I See Footnotes Warrant (right to buy) 0.25 2015-12-15 4 J 0 746268 0.00 D 2015-04-24 2019-10-25 Common Stock 746268 0 I See Footnotes Warrant (right to buy) 0.25 2015-12-15 4 J 0 746268 0.00 A 2015-12-15 2022-12-15 Common Stock 746268 746268 I See Footnotes Warrant (right to buy) 0.25 2015-12-15 4 J 0 330000 0.00 D 2015-04-24 2019-10-25 Common Stock 330000 0 I See Footnotes Warrant (right to buy) 0.25 2015-12-15 4 J 0 330000 0.00 A 2015-12-15 2022-12-15 Common Stock 330000 330000 I See Footnotes Warrant (right to buy) 0.25 2015-12-15 4 J 0 1317830 0.00 D 2015-04-24 2019-10-25 Common Stock 1317830 0 I See Footnotes Warrant (right to buy) 0.25 2015-12-15 4 J 0 1317830 0.00 A 2015-12-15 2022-12-15 Common Stock 1317830 1317830 I See Footnotes Warrant (right to buy) 0.25 2015-12-15 4 J 0 2000000 0.00 D 2015-05-07 2019-10-25 Common Stock 2000000 0 I See Footnotes Warrant (right to buy) 0.25 2015-12-15 4 J 0 2000000 0.00 A 2015-12-15 2022-12-15 Common Stock 2000000 2000000 I See Footnotes Warrant (right to buy) 0.25 2015-12-15 4 J 0 232394 0.00 D 2015-05-07 2019-10-25 Common Stock 232394 0 I See Footnotes Warrant (right to buy) 0.25 2015-12-15 4 J 0 232394 0.00 A 2015-12-15 2022-12-15 Common Stock 232394 232394 I See Footnotes Warrant (right to buy) 0.30 2015-12-15 4 J 0 1000000 0.00 A 2016-12-16 Common Stock 1000000 1000000 I See Footnotes Includes 45,674 shares of common stock issued in lieu of cash dividends on shares of Series D preferred stock on June 30, 2015 for no consideration and at the Issuer's election. The transaction is exempt under Rule 16a-9(a) promulgated under the Securities Exchange Act of 1934. The reported transactions involve an amendment of the warrants to amend the expiration date, resulting in the deemed cancellation of the old warrant and the simultaneous issuance of the new warrant for purposes of Section 16. This form is filed jointly by Lazarus Management Company LLC ("Lazarus Management"), Justin B. Borus, Lazarus Investment Partners LLLP ("Lazarus Partners") and Lazarus Macro Micro Partners LLLP ("Macro Micro Partners" and together with Lazarus Partners, the "Funds"). The securities reported herein are owned directly by Lazarus Partners except for 7,500 shares of common stock owned directly by Macro Micro Partners. Lazarus Management is the investment adviser and general partner of the Funds and Mr. Borus is the manager of Lazarus Management. Each of Lazarus Management and Mr. Borus expressly disclaims beneficial ownership of the securities held by the Funds except to the extent of his or its pecuniary interest therein. Each of the Funds expressly disclaims beneficial ownership of the shares held by the other Fund. The filing of this Form 4 shall not be construed as an admission that either Lazarus Management or Mr. Borus, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, is the beneficial owner of any of the securities reported herein. Lazarus Partners was issued the warrant for no consideration in connection with a note exchange agreement pursuant to which it exchanged an existing promissory note for a new promissory note with a new interest rate and maturity date. The warrant expires on the 54-month anniversary of the initial exercise date. The initial exercise date is the first business day following the 12-month anniversary of the issue date, provided, in the event that the Issuer enters into a definitive agreement for the acquisition of all of the outstanding membership interests of Peachstate Health Management LLC (d/b/a AEON Clinical Laboratories) and consummates the initial closing as contemplated by the definitive agreement, then the initial exercise date of the warrant is the 3-year anniversary of the initial closing under the definitive agreement. Lazarus Management Company LLC By: /s/ Justin B. Borus, Manager 2015-12-17 Lazarus Investment Partners LLLP By: Lazarus Management Company LLC, its general partner By: /s/ Justin B. Borus, Manager 2015-12-17 Lazarus Macro Micro Partners LLLP By: Lazarus Management Company LLC, its general partner by: /s/ Justin B. Borus, Manager 2015-12-17 /s/ Justin B. Borus 2015-12-17