SC 13D/A 1 d255951dsc13da.htm SC 13D/A SC 13D/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

[Rule 13d-101]

Under the Securities Exchange Act of 1934

(Amendment No. 1)

 

 

TANGOE, INC.

(Name of Issuer)

Common Stock, $.0001 Par Value Per Share

(Title of Class of Securities)

87582Y108

(CUSIP Number)

 

Vector Capital IV L.P.

Vector Capital Partners IV, L.P.

Vector Entrepreneur Fund III, L.P.

Vector Capital Partners III, L.P.

Vector Capital, L.L.C.

Alexander R. Slusky

c/o Vector Capital Management, L.P.

One Market Street, Steuart Tower, 23rd Floor

San Francisco, CA 94105

Telephone: (415) 293-5000

 

With a copy to:

 

Paul Hastings LLP

55 Second Street, Suite 2400

San Francisco, CA 94105

Telephone: (415) 856-7000

Attn: Steve L. Camahort

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

September 8, 2016

(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.  ¨

 

 

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).

 

 

 


CUSIP No. 87582Y108  

 

  1.   

Names of Reporting Persons:

 

Vector Capital IV, L.P.

  2.  

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

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)*

 

    WK, BK, OO

  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

 

    -0-

     8.   

Shared Voting Power

 

    3,886,444

     9.   

Sole Dispositive Power

 

    -0-

   10.   

Shared Dispositive Power

 

    3,886,444

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    3,886,444

12.  

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

 

13.  

Percent of Class Represented by Amount in Row (11)

 

    9.86%

14.  

Type of Reporting Person (See Instructions)

 

    PN

 

 

2


CUSIP No. 87582Y108  

 

  1.   

Names of Reporting Persons:

 

Vector Capital Partners IV, L.P.

  2.  

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

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)*

 

    AF

  5.  

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

 

  6.  

Citizenship or Place of Organization

 

    Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

    -0-

     8.   

Shared Voting Power

 

    3,886,444

     9.   

Sole Dispositive Power

 

    -0-

   10.   

Shared Dispositive Power

 

    3,886,444

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    3,886,444

12.  

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

 

13.  

Percent of Class Represented by Amount in Row (11)

 

    9.86%

14.  

Type of Reporting Person (See Instructions)

 

    PN

 

 

3


CUSIP No. 87582Y108  

 

  1.   

Names of Reporting Persons:

 

Vector Entrepreneur Fund III, L.P.

  2.  

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

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)*

 

    WC, BK, OO

  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

 

    -0-

     8.   

Shared Voting Power

 

    47,207

     9.   

Sole Dispositive Power

 

    -0-

   10.   

Shared Dispositive Power

 

    47,207

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    47,207

12.  

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

 

13.  

Percent of Class Represented by Amount in Row (11)

 

    0.12%

14.  

Type of Reporting Person (See Instructions)

 

    PN

 

 

4


CUSIP No. 87582Y108  

 

  1.   

Names of Reporting Persons:

 

Vector Capital Partners III, L.P.

  2.  

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

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)*

 

    AF

  5.  

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

 

  6.  

Citizenship or Place of Organization

 

    Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

    -0-

     8.   

Shared Voting Power

 

    47,207

     9.   

Sole Dispositive Power

 

    -0-

   10.   

Shared Dispositive Power

 

    47,207

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    47,207

12.  

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

 

13.  

Percent of Class Represented by Amount in Row (11)

 

    0.12%

14.  

Type of Reporting Person (See Instructions)

 

    PN

 

 

5


CUSIP No. 87582Y108  

 

  1.   

Names of Reporting Persons:

 

Vector Capital, L.L.C.

  2.  

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

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)*

 

    AF

  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

 

    -0-

     8.   

Shared Voting Power

 

    3,933,651

     9.   

Sole Dispositive Power

 

    -0-

   10.   

Shared Dispositive Power

 

    3,933,651

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    3,933,651

12.  

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

 

13.  

Percent of Class Represented by Amount in Row (11)

 

    9.98%

14.  

Type of Reporting Person (See Instructions)

 

    OO

 

 

6


CUSIP No. 87582Y108  

 

  1.   

Names of Reporting Persons:

 

Alexander R. Slusky

  2.  

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

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)*

 

    AF

  5.  

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

 

  6.  

Citizenship or Place of Organization

 

    United States

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

    -0-

     8.   

Shared Voting Power

 

    3,933,651

     9.   

Sole Dispositive Power

 

    -0-

   10.   

Shared Dispositive Power

 

    3,933,651

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    3,933,651

12.  

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

 

13.  

Percent of Class Represented by Amount in Row (11)

 

    9.98%

14.  

Type of Reporting Person (See Instructions)

 

    IN

 

 

7


This Amendment No. 1 (this “Amendment No. 1”) to Schedule 13D filed with the Securities and Exchange Commission on behalf of Vector Capital IV, L.P., a Delaware limited partnership (“VC IV”), Vector Capital Partners IV, L.P., a Cayman Islands limited partnership (“VCP IV”), Vector Entrepreneur Fund III, L.P., a Delaware limited partnership (“VEF III”), Vector Capital Partners III, L.P., a Cayman Islands limited partnership (“VCP III”), Vector Capital, L.L.C., a Delaware limited liability company (“VC” and together with VC IV, VCP IV, VEF III and VCP III, “Vector”), and Alexander R. Slusky, an individual (“Mr. Slusky” and collectively with Vector, the “Reporting Persons”) on November 16, 2015 (the “Initial 13D”) is being filed pursuant to Rule 13d-2 of the Securities Exchange Act of 1934, as amended, on behalf of the Reporting Persons to amend certain information previously reported by the Reporting Persons in the Initial 13D by adding the information set forth below to the items indicated. Unless otherwise stated herein, all capitalized terms used in this Amendment No. 1 have the same meanings as those set forth in the Initial 13D.

 

Item 4. Purpose of Transaction

Item 4 of the Initial 13D is hereby amended by the addition of the following:

On September 8, 2016, Vector Capital Management, L.P. (an affiliate of Vector) entered into a confidentiality agreement (the “Confidentiality Agreement) with the Issuer. A copy of the Confidentiality Agreement is filed herewith as an exhibit and incorporated herein by reference, and any descriptions herein of the Confidentiality Agreement are qualified in their entirety by reference to the Confidentiality Agreement filed herewith.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

Item 6 of the Initial 13D is hereby amended by the addition of the following:

The Confidentiality Agreement contains certain provisions with respect to the securities of the Issuer. A copy of the Confidentiality Agreement is filed herewith as an exhibit and incorporated herein by reference, and any descriptions herein of the Confidentiality Agreement are qualified in their entirety by reference to the Confidentiality Agreement filed herewith.

 

Item 7. Material to Be Filed as Exhibits.

Item 7 of the Initial 13D is hereby amended by the addition of the following:

 

Exhibit
Number

  

Document

2    Confidentiality Agreement, dated as of September 8, 2016, by and between Tangoe, Inc. and Vector Capital Management, L.P.

 

8


SIGNATURE

After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated September 9, 2016

 

VECTOR CAPITAL IV, L.P.
By:   VECTOR CAPITAL PARTNERS IV, L.P., its general partner
By:   VECTOR CAPITAL, L.L.C., its general partner
By:  

/s/ David Baylor

Name:   David Baylor
Title:   Chief Operating Officer
By:   VECTOR CAPITAL, LTD., its general partner
By:  

/s/ David Baylor

Name:   David Baylor
Title:   Director
VECTOR CAPITAL PARTNERS IV, L.P.
By:   VECTOR CAPITAL, L.L.C., its general partner
By:  

/s/ David Baylor

Name:   David Baylor
Title:   Chief Operating Officer
By:   VECTOR CAPITAL, LTD., its general partner
By:  

/s/ David Baylor

Name:   David Baylor
Title:   Director
VECTOR ENTREPRENEUR FUND III, L.P.
By:   VECTOR CAPITAL PARTNERS III, L.P., its general partner
By:   VECTOR CAPITAL, L.L.C., its general partner
By:  

/s/ David Baylor

Name:   David Baylor
Title:   Chief Operating Officer
By:   VECTOR CAPITAL, LTD., its general partner
By:  

/s/ David Baylor

Name:   David Baylor
Title:   Director

 

9


VECTOR CAPITAL PARTNERS III, L.P.
By:   VECTOR CAPITAL, L.L.C., its general partner
By:  

/s/ David Baylor

Name:   David Baylor
Title:   Chief Operating Officer
VECTOR CAPITAL, L.L.C.
By:  

/s/ David Baylor

Name:   David Baylor
Title:   Chief Operating Officer

ALEXANDER R. SLUSKY

/s/ Alexander R. Slusky

Alexander R. Slusky

 

10