Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

WIDEPOINT CORP Major Shareholding Notification 2014

Feb 12, 2014

34608_mrq_2014-02-12_cbb468b6-381d-4d8c-810b-55adbb214ec6.zip

Major Shareholding Notification

Open in viewer

Opens in your device viewer

SC 13G/A 1 p14-0521sc13ga.htm ILEX PARTNERS, L.L.C.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No.3)*
WidePoint
Corporation
(Name of Issuer)
Common Stock,
par value $0.001 per share
(Title of Class of Securities)
967590100
(CUSIP Number)
December
31, 2013
(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
x Rule 13d-1(c)
¨ Rule 13d-1(d)
(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 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 ("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).

Field: Page; Sequence: 1; Options: NewSection; Value: 2

CUSIP No. 967590100 13G/A Page 2 of 8 Pages

Field: /Page

1 NAME OF REPORTING PERSON Ilex Partners, L.L.C.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) x (b) ¨
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER 0
6 SHARED VOTING POWER 2,238,608
7 SOLE DISPOSITIVE POWER 0
8 SHARED DISPOSITIVE POWER 2,238,608
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,238,608
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.5%
12 TYPE OF REPORTING PERSON OO

Field: Page; Sequence: 2; Value: 2

CUSIP No. 967590100 13G/A Page 3 of 8 Pages

Field: /Page

1 NAME OF REPORTING PERSON Steinhardt Overseas Management, L.P.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) x (b) ¨
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER 0
6 SHARED VOTING POWER 2,238,608
7 SOLE DISPOSITIVE POWER 0
8 SHARED DISPOSITIVE POWER 2,238,608
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,238,608
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.5%
12 TYPE OF REPORTING PERSON PN

Field: Page; Sequence: 3; Value: 2

CUSIP No. 967590100 13G/A Page 4 of 8 Pages

Field: /Page

1 NAME OF REPORTING PERSON Michael H. Steinhardt
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) x (b) ¨
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER 0
6 SHARED VOTING POWER 2,238,608
7 SOLE DISPOSITIVE POWER 0
8 SHARED DISPOSITIVE POWER 2,238,608
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,238,608
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.5%
12 TYPE OF REPORTING PERSON IN

Field: Page; Sequence: 4; Value: 2

CUSIP No. 967590100 13G/A Page 5 of 8 Pages

Field: /Page

Item 1(a).
The name of the issuer is WidePoint Corporation(the "Company").
Item 1(b).
The Company's principal executive offices are located at 7926 Jones Branch Drive, Suite 520, McLean, Virginia 22102.
Item 2(a).
This statement is filed by:
(i) Ilex Partners, L.L.C., a Delaware limited liability company ("Ilex"), with respect to the shares of Common Stock directly owned by it;
(ii) Steinhardt Overseas Management, L.P., a Delaware limited partnership ("SOM"), with respect to the shares of Common Stock directly owned by Ilex; and
(iii) Michael H. Steinhardt ("Mr. Steinhardt"), with respect to the shares of Common Stock directly owned by Ilex.
The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
Item 2(b).
The address of the business office of each of the Reporting Persons is 712 Fifth Avenue, 34th Floor, New York, New York 10019.
Item 2(c).
Ilex is a limited liability company organized under the laws of the State of Delaware. SOM is a limited partnership organized under the laws of the State of Delaware. Mr. Steinhardt is a United States citizen.
Item 2(d).
Common Stock, par value $0.001 per share (the "Common Stock").
Item 2(e).
967590100

Field: Page; Sequence: 5; Value: 2

CUSIP No. 967590100 13G/A Page 6 of 8 Pages

Field: /Page

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO Rules 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 Act;
(b) ¨ Bank as defined in Section 3(a)(6) of the Act;
(c) ¨ Insurance company as defined in Section 3(a)(19) of the Act;
(d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940;
(e) ¨ 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) ¨ 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) ¨ A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
(k) ¨ Group, in accordance with Rule 13d-1(b)(1)(ii)(K).
If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please
specify the type of institution:

| Item 4. |
| --- |
| A. Ilex Partners, L.L.C. (a) Amount beneficially owned: 2,238,608 (b) Percent
of class: 3.5% The percentages used herein and in the rest of Item 4 are calculated based upon the 63,857,357 shares of Common
Stock issued and outstanding as of November 14, 2013 as reported by the Company in the Form 10-Q filed by the Company on November
14, 2013. (c) (i) Sole power to vote or direct
the vote: 0 (ii) Shared power to vote or direct
the vote: 2,238,608 (iii) Sole power to dispose or direct
the disposition: 0 (iv) Shared power to dispose or direct the disposition:
2,238,608 |

Field: Page; Sequence: 6; Value: 2

CUSIP No. 967590100 13G/A Page 7 of 8 Pages

Field: /Page

| B. Steinhardt Overseas Management,
L.P. (a) Amount beneficially owned: 2,238,608 (b) Percent of class: 3.5% (c) (i) Sole power to vote or direct
the vote: 0 (ii) Shared power to vote or direct
the vote: 2,238,608 (iii) Sole power to dispose or direct
the disposition: 0 (iv) Shared power to dispose or direct
the disposition: 2,238,608 |
| --- |
| C. Michael H. Steinhardt (a) Amount beneficially owned: 2,238,608 (b) Percent of class: 3.5% (c) (i) Sole power to vote or direct
the vote: 0 (ii) Shared power to vote or direct
the vote: 2,238,608 (iii) Sole power to dispose or direct
the disposition: 0 (iv) Shared power to dispose or direct
the disposition: 2,238,608 |

Item 5.
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 5 percent of the class of securities, check the following x
Item 6.
Not applicable.
Item 7.
Not applicable.
Item 8.
Ilex Partners, L.L.C. Steinhardt Overseas Management, L.P. Michael H. Steinhardt
Item 9.
Not applicable.

ITEM 10. CERTIFICATION

Each of the Reporting Persons hereby makes the following certification:
By signing below each Reporting Person certifies that, to the best of his or its knowledge and belief, the securities referred to above were not acquired and are 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 that purpose or effect.

Field: Page; Sequence: 7; Value: 2

CUSIP No. 967590100 13G/A Page 8 of 8 Pages

Field: /Page

SIGNATURES

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

DATE: February 12, 2014

/s/ MICHAEL H. STEINHARDT
Michael H. Steinhardt, individually, and as general partner of Steinhardt Overseas Management, L.P., for itself and as managing member of Ilex Partners, L.L.C.