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IMMERSION CORP — Major Shareholding Notification 2009
Nov 2, 2009
33559_mrq_2009-11-02_8fc60d8c-d0f9-4473-920b-aeddbee0c7d7.zip
Major Shareholding Notification
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SC 13D/A 1 sc13da406297074_10302009.htm AMENDMENT NO. 4 TO THE SCHEDULE 13D sc13da406297074_10302009.htm Licensed to: Olshan Document Created using EDGARizer 5.1.3.0 Copyright 1995 - 2009 Thomson Reuters. All rights reserved.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
§ 240.13d-2(a)
(Amendment No. 4) 1
Immersion Corporation
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
452521107
(CUSIP Number)
STEVEN WOLOSKY, ESQ.
OLSHAN GRUNDMAN FROME ROSENZWEIG & WOLOSKY LLP
Park Avenue Tower
65 East 55th Street
New York, New York 10022
(212) 451-2300
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 30, 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 §§ 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.
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 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. 452521107
| 1 | NAME OF REPORTING PERSON RAMIUS VALUE AND OPPORTUNITY MASTER FUND LTD | | | --- | --- | --- | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) o | | 3 | SEC USE ONLY | | | 4 | SOURCE OF FUNDS WC | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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 1,999,214 | | | 8 | SHARED VOTING POWER - 0
- | | | 9 | SOLE DISPOSITIVE POWER 1,999,214 | | | 10 | SHARED DISPOSITIVE POWER - 0
- | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,999,214 | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | o | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.2% | | | 14 | TYPE OF REPORTING PERSON CO | |
2
CUSIP NO. 452521107
| 1 | NAME OF REPORTING PERSON RCG PB, LTD. | | | --- | --- | --- | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) o | | 3 | SEC USE ONLY | | | 4 | SOURCE OF FUNDS WC | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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 1,589,470 | | | 8 | SHARED VOTING POWER - 0
- | | | 9 | SOLE DISPOSITIVE POWER 1,589,470 | | | 10 | SHARED DISPOSITIVE POWER - 0
- | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,589,470 | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | o | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.7% | | | 14 | TYPE OF REPORTING PERSON OO | |
3
CUSIP NO. 452521107
| 1 | NAME OF REPORTING PERSON RAMIUS ENTERPRISE MASTER FUND LTD | | | --- | --- | --- | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) o | | 3 | SEC USE ONLY | | | 4 | SOURCE OF FUNDS WC | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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 601,316 | | | 8 | SHARED VOTING POWER - 0
- | | | 9 | SOLE DISPOSITIVE POWER 601,316 | | | 10 | SHARED DISPOSITIVE POWER - 0
- | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 601,316 | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | o | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.2% | | | 14 | TYPE OF REPORTING PERSON CO | |
4
CUSIP NO. 452521107
| 1 | NAME OF REPORTING PERSON RAMIUS ADVISORS, LLC | | | --- | --- | --- | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) o | | 3 | SEC USE ONLY | | | 4 | SOURCE OF FUNDS OO | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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 2,190,786 | | | 8 | SHARED VOTING POWER - 0
- | | | 9 | SOLE DISPOSITIVE POWER 2,190,786 | | | 10 | SHARED DISPOSITIVE POWER - 0
- | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,190,786 | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | o | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.8% | | | 14 | TYPE OF REPORTING PERSON OO | |
5
CUSIP NO. 452521107
| 1 | NAME OF REPORTING PERSON RCG STARBOARD ADVISORS, LLC | | | --- | --- | --- | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) o | | 3 | SEC USE ONLY | | | 4 | SOURCE OF FUNDS OO | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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 1,999,214 | | | 8 | SHARED VOTING POWER - 0
- | | | 9 | SOLE DISPOSITIVE POWER 1,999,214 | | | 10 | SHARED DISPOSITIVE POWER - 0
- | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,999,214 | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | o | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.2% | | | 14 | TYPE OF REPORTING PERSON OO | |
6
CUSIP NO. 452521107
| 1 | NAME OF REPORTING PERSON RAMIUS LLC | | | --- | --- | --- | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) o | | 3 | SEC USE ONLY | | | 4 | SOURCE OF FUNDS OO | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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 4,190,000 | | | 8 | SHARED VOTING POWER - 0
- | | | 9 | SOLE DISPOSITIVE POWER 4,190,000 | | | 10 | SHARED DISPOSITIVE POWER - 0
- | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,190,000 | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | o | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.98% | | | 14 | TYPE OF REPORTING PERSON OO | |
7
CUSIP NO. 452521107
| 1 | NAME OF REPORTING PERSON C4S & CO., L.L.C. | | | --- | --- | --- | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) o | | 3 | SEC USE ONLY | | | 4 | SOURCE OF FUNDS OO | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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 4,190,000 | | | 8 | SHARED VOTING POWER - 0
- | | | 9 | SOLE DISPOSITIVE POWER 4,190,000 | | | 10 | SHARED DISPOSITIVE POWER - 0
- | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,190,000 | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | o | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.98% | | | 14 | TYPE OF REPORTING PERSON OO | |
8
CUSIP NO. 452521107
| 1 | NAME OF REPORTING PERSON PETER A. COHEN | | | --- | --- | --- | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) o | | 3 | SEC USE ONLY | | | 4 | SOURCE OF FUNDS OO | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ¨ | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION USA | | | NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER - 0
- | | | 8 | SHARED VOTING POWER 4,190,000 | | | 9 | SOLE DISPOSITIVE POWER - 0
- | | | 10 | SHARED DISPOSITIVE POWER 4,190,000 | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,190,000 | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | o | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.98% | | | 14 | TYPE OF REPORTING PERSON IN | |
9
CUSIP NO. 452521107
| 1 | NAME OF REPORTING PERSON MORGAN B. STARK | | | --- | --- | --- | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) o | | 3 | SEC USE ONLY | | | 4 | SOURCE OF FUNDS OO | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ¨ | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION USA | | | NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER - 0
- | | | 8 | SHARED VOTING POWER 4,190,000 | | | 9 | SOLE DISPOSITIVE POWER - 0
- | | | 10 | SHARED DISPOSITIVE POWER 4,190,000 | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,190,000 | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | o | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.98% | | | 14 | TYPE OF REPORTING PERSON IN | |
10
CUSIP NO. 452521107
| 1 | NAME OF REPORTING PERSON JEFFREY M. SOLOMON | | | --- | --- | --- | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) o | | 3 | SEC USE ONLY | | | 4 | SOURCE OF FUNDS OO | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ¨ | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION USA | | | NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER - 0
- | | | 8 | SHARED VOTING POWER 4,190,000 | | | 9 | SOLE DISPOSITIVE POWER - 0
- | | | 10 | SHARED DISPOSITIVE POWER 4,190,000 | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,190,000 | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | o | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.98% | | | 14 | TYPE OF REPORTING PERSON IN | |
11
CUSIP NO. 452521107
| 1 | NAME OF REPORTING PERSON THOMAS W. STRAUSS | | | --- | --- | --- | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) o | | 3 | SEC USE ONLY | | | 4 | SOURCE OF FUNDS OO | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ¨ | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION USA | | | NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER - 0
- | | | 8 | SHARED VOTING POWER 4,190,000 | | | 9 | SOLE DISPOSITIVE POWER - 0
- | | | 10 | SHARED DISPOSITIVE POWER 4,190,000 | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,190,000 | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | o | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.98% | | | 14 | TYPE OF REPORTING PERSON IN | |
12
CUSIP NO. 452521107
The following constitutes Amendment No. 4 to the Schedule 13D filed by the undersigned (“Amendment No. 4”). This Amendment No. 4 is being filed to correct an error relating to the ownership of the Reporting Persons disclosed in Item 5 of Amendment No. 3 to the Schedule 13D.
ITEM 3. Source and Amount of Funds or Other Consideration .
The Shares purchased by Value and Opportunity Master Fund, RCG PB and Enterprise Master Fund were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases, except as otherwise noted, as set forth in Schedule A, which is incorporated by reference herein. The aggregate purchase cost of the 4,190,000 Shares beneficially owned in the aggregate by Value and Opportunity Master Fund, RCG PB and Enterprise Master Fund is approximately $16,975,000, excluding brokerage commissions.
ITEM 5. Interest in Securities of the Issuer .
The aggregate percentage of Shares reported owned by each person named herein is based upon 27,957,359 Shares outstanding, as of April 30, 2009, which is the total number of Shares outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on May 6, 2009.
A. Value and Opportunity Master Fund
(a) As of the close of business on October 30, 2009, Value and Opportunity Master Fund beneficially owned 1,999,214 Shares.
Percentage: Approximately 7.2%.
(b) 1. Sole power to vote or direct vote: 1,999,214
-
Shared power to vote or direct vote: 0
-
Sole power to dispose or direct the disposition: 1,999,214
-
Shared power to dispose or direct the disposition: 0
(c) The transactions in the Shares by Value and Opportunity Master Fund since the filing of the Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated by reference.
B. RCG PB
(a) As of the close of business on October 30, 2009, RCG PB beneficially owned 1,589,470 Shares.
Percentage: 5.7%.
(b) 1. Sole power to vote or direct vote: 1,589,470
-
Shared power to vote or direct vote: 0
-
Sole power to dispose or direct the disposition: 1,589,470
-
Shared power to dispose or direct the disposition: 0
(c) The transactions in the Shares by RCG PB since the filing of the Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated by reference.
13
CUSIP NO. 452521107
C. Enterprise Master Fund
(a) As of the close of business on October 30, 2009, Enterprise Master Fund beneficially owned 601,316 Shares.
Percentage: 2.2%.
(b) 1. Sole power to vote or direct vote: 601,316
-
Shared power to vote or direct vote: 0
-
Sole power to dispose or direct the disposition: 601,316
-
Shared power to dispose or direct the disposition: 0
(c) The transactions in the Shares by Enterprise Master Fund since the filing of the Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated by reference.
D. Ramius Advisors
(a) Ramius Advisors, as the investment advisor of Enterprise Master Fund and RCG PB, may be deemed the beneficial owner of the (i) 601,316 Shares owned by Enterprise Master Fund and (ii) 1,589,470 Shares owned by RCG PB.
Percentage: 7.8%
(b) 1. Sole power to vote or direct vote: 2,190,786
-
Shared power to vote or direct vote: 0
-
Sole power to dispose or direct the disposition: 2,190,786
-
Shared power to dispose or direct the disposition: 0
(c) Ramius Advisors did not enter into any transactions in the Shares since the filing of the Amendment No. 2 to the Schedule 13D. The transactions in the Shares on behalf of RCG PB and Enterprise Master Fund since the filing of the Amendment No. 2 to the Schedule 13D are set forth in Schedule A and incorporated by reference.
E. RCG Starboard Advisors
(a) RCG Starboard Advisors, as the investment manager of Value and Opportunity Master Fund may be deemed the beneficial owner of the 1,999,214 Shares owned by Value and Opportunity Master Fund.
Percentage: Approximately 7.2%.
(b) 1. Sole power to vote or direct vote: 1,999,214
-
Shared power to vote or direct vote: 0
-
Sole power to dispose or direct the disposition: 1,999,214
-
Shared power to dispose or direct the disposition: 0
(c) RCG Starboard Advisors did not enter into any transactions in the Shares since the filing of the Amendment No. 2 to the Schedule 13D. The transactions in the Shares since the filing of the Amendment No. 2 to the Schedule 13D on behalf of Value and Opportunity Master Fund are set forth in Schedule A and are incorporated by reference.
14
CUSIP NO. 452521107
F. Ramius
(a) Ramius, as the sole member of each of RCG Starboard Advisors and Ramius Advisors, may be deemed the beneficial owner of the (i) 1,999,214 Shares owned by Value and Opportunity Master Fund, (ii) 1,589,470 Shares owned by RCG PB and (iii) 601,316 Shares owned by Enterprise Master Fund.
Percentage: Approximately 14.98%.
(b) 1. Sole power to vote or direct vote: 4,190,000
-
Shared power to vote or direct vote: 0
-
Sole power to dispose or direct the disposition: 4,190,000
-
Shared power to dispose or direct the disposition: 0
(c) Ramius did not enter into any transactions in the Shares since the filing of the Amendment No. 2 to the Schedule 13D. The transactions in the Shares since the filing of the Amendment No. 2 to the Schedule 13D on behalf of Value and Opportunity Master Fund, RCG PB and Enterprise Master Fund are set forth in Schedule A and are incorporated by reference.
G. C4S
(a) C4S, as the managing member of Ramius, may be deemed the beneficial owner of the (i) 1,999,214 Shares owned by Value and Opportunity Master Fund, (ii) 1,589,470 Shares owned by PCG PB and (iii) 601,316 Shares owned by Enterprise Master Fund.
Percentage: Approximately 14.98%.
(b) 1. Sole power to vote or direct vote: 4,190,000
-
Shared power to vote or direct vote: 0
-
Sole power to dispose or direct the disposition: 4,190,000
-
Shared power to dispose or direct the disposition: 0
(c) C4S did not enter into any transactions in the Shares since the filing of the Amendment No. 2 to the Schedule 13D. The transactions in the Shares since the filing of the Amendment No. 2 to the Schedule 13D on behalf of Value and Opportunity Master Fund, RCG PB and Enterprise Master Fund are set forth in Schedule A and are incorporated by reference.
H. Messrs. Cohen, Stark, Strauss and Solomon
(a) Each of Messrs. Cohen, Stark, Strauss and Solomon, as the managing members of C4S, may be deemed the beneficial owner of the (i) 1,999,214 Shares owned by Value and Opportunity Master Fund, (ii) 1,589,470 Shares owned by RCG PB and (iii) 601,316 Shares owned by Enterprise Master Fund.
Percentage: Approximately 14.98%.
(b) 1. Sole power to vote or direct vote: 0
-
Shared power to vote or direct vote: 4,190,000
-
Sole power to dispose or direct the disposition: 0
-
Shared power to dispose or direct the disposition: 4,190,000
15
CUSIP NO. 452521107
(c) None of Messrs. Cohen, Stark, Strauss or Solomon entered into any transactions in the Shares since the filing of the Amendment No. 2 to the Schedule 13D. The transactions in the Shares since the filing of the Amendment No. 2 to the Schedule 13D on behalf of Value and Opportunity Master Fund, RCG PB and Enterprise Master Fund are set forth in Schedule A and are incorporated by reference.
(d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, such shares of the Common Stock.
(e) Not applicable.
16
CUSIP NO. 452521107
SIGNATURES
After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: November 2, 2009
RAMIUS VALUE AND OPPORTUNITY MASTER FUND LTD By: RCG Starboard Advisors, LLC, its investment manager RCG PB, LTD. By: Ramius Advisors, LLC, its investment advisor RAMIUS ENTERPRISE MASTER FUND LTD By: Ramius Advisors, LLC, its investment advisor RCG STARBOARD ADVISORS, LLC By: Ramius LLC, its sole member RAMIUS ADVISORS, LLC By: Ramius LLC, its sole member RAMIUS LLC By: C4S & Co., L.L.C., as managing member C4S & CO., L.L.C.
| By: | |
|---|---|
| Name: | Jeffrey |
| M. Solomon | |
| Title: | Authorized |
| Signatory |
| /s/
| Jeffrey M. Solomon |
|---|
| JEFFREY |
| M. SOLOMON |
| Individually |
| and as attorney-in-fact for Peter A. Cohen, Morgan B. Stark and Thomas |
| W. Strauss |
17
CUSIP NO. 452521107
SCHEDULE A
Transactions by the Reporting Persons in the Shares Since the filing of the Amendment No. 2 to the Schedule 13D
Shares of Common Stock Purchased / (Sold) Price Per Share($) Date of Purchase / Sale
RAMIUS VALUE AND OPPORTUNITY MASTER FUND LTD
| 6,813 | 4.1948 | 10/26/09 |
|---|---|---|
| 25,037 | 4.2131 | 10/26/09 |
| 683,550 | 3.8750 | 10/30/09 |
RAMIUS ENTERPRISE MASTER FUND LTD
| 1,807 | 4.1948 | 10/26/09 |
|---|---|---|
| 6,643 | 4.2131 | 10/26/09 |
| 181,350 | 3.8750 | 10/30/09 |
RCG PB, LTD.
| 5,283 | 4.1948 | 10/26/09 |
|---|---|---|
| 19,417 | 4.2131 | 10/26/09 |
| 530,100 | 3.8750 | 10/30/09 |
18