Insider filing report for Changes in Beneficial Ownership
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- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-------------
SCHEDULE 13D
(Rule 13d-101)
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
InfoSpace, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
45678T201
- --------------------------------------------------------------------------------
(CUSIP Number)
Sandell Asset Management Corp.
40 West 57th Street
26th Floor
New York, NY 10019
Attention: Richard Gashler, General Counsel
212-603-5700
With a Copy to:
Marc Weingarten, Esq.
Schulte Roth & Zabel LLP
919 Third Avenue
New York, NY 10022
212-756-2000
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
October 6, 2009
-------------------
(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 ss.ss. 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 Rule 13d-7 for other parties
to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 9 Pages)
- --------------------
* 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. 45678T201 SCHEDULE 13D Page 2 of 9 Pages
- ---------------------------- ----------------------------
- ------------- -----------------------------------------------------------------
1 NAME OF REPORTING PERSON
Castlerigg Master Investments Ltd.
- ------------- -----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_|
- ------------- -----------------------------------------------------------------
3 SEC USE ONLY
- ------------- -----------------------------------------------------------------
4 SOURCE OF FUNDS
WC
- ------------- -----------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) |_|
- ------------- -----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
- ------------- -----------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
----------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 1,687,021
----------- -----------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 1,687,021
- ------------- ----------- -----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,687,021
- ------------- -----------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- ------------- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
4.8%
- ------------- -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- ------------- -----------------------------------------------------------------
- ---------------------------- ----------------------------
CUSIP No. 45678T201 SCHEDULE 13D Page 3 of 9 Pages
- ---------------------------- ----------------------------
- ------------- -----------------------------------------------------------------
1 NAME OF REPORTING PERSON
Sandell Asset Management Corp.
- ------------- -----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_|
- ------------- -----------------------------------------------------------------
3 SEC USE ONLY
- ------------- -----------------------------------------------------------------
4 SOURCE OF FUNDS
AF
- ------------- -----------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) |X|
- ------------- -----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- ------------- -----------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 1,687,021
----------- -----------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 1,687,021
- ------------- ----------- -----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,687,021
- ------------- -----------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- ------------- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
4.8%
- ------------- -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- ------------- -----------------------------------------------------------------
- ---------------------------- ----------------------------
CUSIP No. 45678T201 SCHEDULE 13D Page 4 of 9 Pages
- ---------------------------- ----------------------------
- ------------- -----------------------------------------------------------------
1 NAME OF REPORTING PERSON
Castlerigg International Limited
- ------------- -----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_|
- ------------- -----------------------------------------------------------------
3 SEC USE ONLY
- ------------- -----------------------------------------------------------------
4 SOURCE OF FUNDS
AF
- ------------- -----------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) |_|
- ------------- -----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
- ------------- -----------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
----------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 1,687,021
----------- -----------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 1,687,021
- ------------- ----------- -----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,687,021
- ------------- -----------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- ------------- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
4.8%
- ------------- -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- ------------- -----------------------------------------------------------------
- ---------------------------- ----------------------------
CUSIP No. 45678T201 SCHEDULE 13D Page 5 of 9 Pages
- ---------------------------- ----------------------------
- ------------- -----------------------------------------------------------------
1 NAME OF REPORTING PERSON
Castlerigg International Holdings Limited
- ------------- -----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_|
- ------------- -----------------------------------------------------------------
3 SEC USE ONLY
- ------------- -----------------------------------------------------------------
4 SOURCE OF FUNDS
AF
- ------------- -----------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) |_|
- ------------- -----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
- ------------- -----------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
----------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 1,687,021
----------- -----------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 1,687,021
- ------------- ----------- -----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,687,021
- ------------- -----------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- ------------- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
4.8%
- ------------- -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- ------------- -----------------------------------------------------------------
- ---------------------------- ----------------------------
CUSIP No. 45678T201 SCHEDULE 13D Page 6 of 9 Pages
- ---------------------------- ----------------------------
- ------------- -----------------------------------------------------------------
1 NAME OF REPORTING PERSON
Thomas E. Sandell
- ------------- -----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_|
- ------------- -----------------------------------------------------------------
3 SEC USE ONLY
- ------------- -----------------------------------------------------------------
4 SOURCE OF FUNDS
AF
- ------------- -----------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) |X|
- ------------- -----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Sweden
- ------------- -----------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
----------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 1,687,021
----------- -----------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 1,687,021
- ------------- ----------- -----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,687,021
- ------------- -----------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- ------------- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
4.8%
- ------------- -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ------------- -----------------------------------------------------------------
- ---------------------------- ----------------------------
CUSIP No. 45678T201 SCHEDULE 13D Page 7 of 9 Pages
- ---------------------------- ----------------------------
This Amendment No. 6 is filed with respect to the shares of common stock, par
value $0.0001
per share (the "Common Stock"), of Infospace, Inc., a Delaware
corporation (the "Issuer"), beneficially owned by the Reporting Persons as of
October 7, 2009 and amends and supplements the Schedule 13D filed on March 12,
2007, as amended (collectively, the "Schedule 13D"). This Amendment No. 6 also
constitutes an "exit filing" for the Reporting Persons, who do not intend to
file any further amendments to the Schedule 13D. Except as set forth herein,
the Schedule 13D is unmodified.
ITEM 5. INTEREST IN THE SECURITIES OF THE ISSUER
Paragraphs (a), (b), (c) and (e) of Item 5 of the Schedule 13D are amended and
restated as follows:
(a) Each of Castlerigg Master Investments, SAMC, Castlerigg International,
Castlerigg Holdings and Sandell may be deemed to beneficially own the 1,687,021
shares of Common Stock held by Castlerigg Master Investments, representing
approximately 4.8% of the outstanding shares of Common Stock. The percentages
used herein are based upon the 35,299,742 shares of Common Stock reported to be
outstanding as of July 31, 2009 by the Issuer in its quarterly report on Form
10-Q for the period ended June 30, 2009, filed with the Securities and
Exchange Commission on August 6, 2009.
(b) None of the Reporting Persons has sole power to vote or direct the vote
or sole power to dispose or direct the disposition of shares of Common Stock.
Each of Casterigg Master Investments, SAMC, Castlerigg International, Castlerigg
Holdings and Sandell has shared power to vote or direct the vote and shared
power to dispose or direct the disposition of the 1,687,021 shares of Common
Stock held by Castlerigg Master Investments.
(c) Information concerning transactions in the Common Stock effected by the
Reporting Persons during the past sixty days is set forth on Appendix I hereto
and is incorporated herein by reference. Unless otherwise indicated, all of such
transactions were effected in the open market.
(e) The Reporting Persons ceased to be the beneficial owners of more than
5% of the Common Stock on October 8, 2009.
- ---------------------------- ----------------------------
CUSIP No. 45678T201 SCHEDULE 13D Page 8 of 9 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.
Dated: October 8, 2009
CASTLERIGG MASTER INVESTMENTS LTD.
By: Sandell Asset Management Corp., as investment manager
By: /s/ Thomas E. Sandell
---------------------
Thomas E. Sandell
Chief Executive Officer
CASTLERIGG INTERNATIONAL LIMITED
By: Sandell Asset Management Corp., as investment manager
By: /s/ Thomas E. Sandell
---------------------
Thomas E. Sandell
Chief Executive Officer
CASTLERIGG INTERNATIONAL HOLDINGS LIMITED
By: Sandell Asset Management Corp., as investment manager
By: /s/ Thomas E. Sandell
---------------------
Thomas E. Sandell
Chief Executive Officer
SANDELL ASSET MANAGEMENT CORP.
By: /s/ Thomas E. Sandell
---------------------
Thomas E. Sandell
Chief Executive Officer
/s/ Thomas E. Sandell
---------------------
Thomas E. Sandell
APPENDIX I
TRANSACTIONS EFFECTED IN THE
COMMON STOCK DURING THE PAST SIXTY DAYS
Castlerigg Master Investments
Amount of shares Price per share
Date purchased/(sold) (net of commission)
09/25/09 (62,000) $ 7.79
09/25/09 (5,000) 7.87
09/28/09 (28,500) 7.79
09/28/09 (16,025) 7.84
09/29/09 (7,600) 7.79
09/29/09 (18,900) 7.75
09/30/09 (30,900) 7.79
09/30/09 (8,100) 7.81
09/30/09 (2,500) 7.75
10/01/09 (1,500) 7.81
10/02/09 (14,900) 7.81
10/05/09 (28,600) 7.76
10/05/09 (400) 7.76
10/05/09 (46,400) 7.81
10/06/09 (33,200) 7.60
10/06/09 (86,500) 7.76
10/06/09 (26,600) 7.81
10/06/09 (75,000) 7.55
10/07/09 (2,500) 7.51
10/07/09 (59,000) 7.60
10/08/09 (90,000) 7.56
10/08/09 (75,000) 7.57