-----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, CqjYNFlS4w8lhCfAEN/1kx+X9L8/jxDfKkiNyKLqbLu6CRr/6n9JrIQe9/Gmd405 MBVdFs6QywPkXapui44ylQ== 0000938206-04-000011.txt : 20040218 0000938206-04-000011.hdr.sgml : 20040218 20040218151344 ACCESSION NUMBER: 0000938206-04-000011 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040218 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DITECH COMMUNICATIONS CORP CENTRAL INDEX KEY: 0001080667 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 942935531 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-57419 FILM NUMBER: 04613094 BUSINESS ADDRESS: STREET 1: 825 E MIDDLEFIELD RD CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 BUSINESS PHONE: 6506231300 MAIL ADDRESS: STREET 1: 825 E MIDDLEFIELD RD CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 FORMER COMPANY: FORMER CONFORMED NAME: DITECH CORP DATE OF NAME CHANGE: 19990225 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DRIEHAUS CAPITAL MANAGEMENT INC CENTRAL INDEX KEY: 0000938206 IRS NUMBER: 363196026 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 25 EAST ERIE ST CITY: CHICAGO STATE: IL ZIP: 60611 BUSINESS PHONE: 3125873800 MAIL ADDRESS: STREET 1: 25 EAST ERIE ST CITY: CHICAGO STATE: IL ZIP: 60611 SC 13G/A 1 asch13g.txt SCHEDULE 13G/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 1)(1) Ditech Communications Corp - -------------------------------------------------------------------------------- (Name of Issuer) Ordinary - -------------------------------------------------------------------------------- (Title of Class of Securities) 25500M103 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2003 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [_] Rule 13d-1(c) [_] Rule 13d-1(d) - ---------- (1) 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 in 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 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. 25500M103 13G Page 1 of 6 Pages - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Driehaus Capital Management, Inc. 36-3196026 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Illinois, U.S.A - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES 0 ----------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 679,256 ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 ----------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH 1,888,472 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,888,472 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [-] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.9% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* Investment Adviser - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 25500M103 13G Page 2 of 6 Pages 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Richard H. Driehaus - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES 63,804 ----------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 679,256 ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 63,804 ----------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH 1,888,472 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,952,276 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [-] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* Individual and Control Person - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 25500M103 13G Page 3 of 6 Pages Item 1(a). Name of Issuer: Ditech Communications Corp. -------------------------------------------------------------------- Item 1(b). Address of Issuer's Principal Executive Offices: 825 East Middlefield Road, Mountain View, CA 94043 -------------------------------------------------------------------- Item 2(a). Name of Person Filing: (i) Driehaus Capital Management, Inc. (ii) Richard H. Driehaus -------------------------------------------------------------------- Item 2(b). Address of Principal Business Office, or if None, Residence: (i) 25 East Erie Street; Chicago, IL 60611 (ii) 1336 Beltjen Rd., The Tunick Building, St. Thomas, USVI 00802 -------------------------------------------------------------------- Item 2(c). Citizenship: (i) Illinois Corporation, U.S.A. (ii) U.S.A. -------------------------------------------------------------------- Item 2(d). Title of Class of Securities: Ordinary -------------------------------------------------------------------- Item 2(e). CUSIP Number: 25500M103 -------------------------------------------------------------------- Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act. (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [_] Investment company registered under Section 8 of the Investment Company Act. (e) (i) [X] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) (ii) [X] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). CUSIP No. 25500M103 13G Page 4 of 6 Pages Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: (i) 1,888,472 (ii) 1,952,276 ---------------------------------------------------------------------- (b) Percent of class: (i) 5.9% (ii) 6.0% ---------------------------------------------------------------------- (c) Number of shares as to which Driehaus Capital Management, Inc. has: (i) Sole power to vote or to direct the vote 0 (ii) Shared power to vote or to direct the vote 679,256 (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of 1,888,472 Number of shares as to which Richard H. Driehaus has: (i) Sole power to vote or to direct the vote 63,804 (ii) Shared power to vote or to direct the vote 679,256 (iii) Sole power to dispose or to direct the disposition of 63,804 (iv) Shared power to dispose or to direct the disposition of 1,888,472 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 [ ]. Not Applicable ----------------------------------------------------------------------- Item 6. Ownership of More Than Five Percent on Behalf of Another Person. The shares reported herein by Driehaus Capital Management, Inc. ("DCM"), are held for numerous clients on a fully discretionary basis. Securities held in these clients' accounts are included in this report to reflect the fact that DCM may have voting power and dispositive power. To the best of DCM's knowledge, none of the clients whose securities are included in this report have the right to receive dividends or direct the proceeds from the sale of interests relating to more than 5% of the class. Richard H. Driehaus, as sole shareholder of DCM, is deemed to share beneficial ownership of the shares held in DCM client accounts and has included those shares in this report. Shares reported herein by Mr. Driehaus are also held in account(s) held by him directly, over which Mr. Driehaus has sole voting and sole dispositive power. ----------------------------------------------------------------------- Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. 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. Certifications. (a) The following certification shall be included if the statement is filed pursuant to Rule 13d-1(b): "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and 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 such purpose or effect." CUSIP No. 25500M103 13G Page 5 of 6 Pages 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. February 18, 2004 ---------------------------------------- (Date) /s/ Mary H. Weiss ---------------------------------------- (Signature) CUSIP No. 25500M103 13G Page 6 of 6 Pages Mary H. Weiss, Vice President ---------------------------------------- (Name/Title) RICHARD H. DRIEHAUS: February 18, 2004 ---------------------------------------- (Date) /s/ Richard H. Driehaus ---------------------------------------- (Signature) Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties for whom copies are to be sent. Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). -----END PRIVACY-ENHANCED MESSAGE-----