SC 13G
1
g19000_extreme13g.txt
EXTREME NETWORKS, INC.
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)
EXTREME NETWORKS, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
30226D106
(CUSIP Number)
JULY 7, 2005
(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 23 Pages)
----------
(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, as amended (the "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. 30226D106 13G Page 2 of 23 Pages
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Raj Rajaratnam
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 6,281,073
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
6,281,073
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,281,073
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.2%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 30226D106 13G Page 3 of 23 Pages
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Management, L.L.C.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 6,281,073
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
6,281,073
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,281,073
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.2%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
OO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 30226D106 13G Page 4 of 23 Pages
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Management, L.P.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 6,281,073
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
6,281,073
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,281,073
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.2%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 30226D106 13G Page 5 of 23 Pages
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Advisors, L.L.C.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,184,975
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
1,184,975
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,184,975
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.0%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
OO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 30226D106 13G Page 6 of 23 Pages
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Captains Partners, L.P.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 613,325
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
613,325
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
613,325
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.5%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 30226D106 13G Page 7 of 23 Pages
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Captains Offshore, Ltd.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,589,498
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
2,589,498
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,589,498
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.1%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 30226D106 13G Page 8 of 23 Pages
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Technology Partners II, L.P.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 419,350
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
419,350
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
419,350
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.3%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 30226D106 13G Page 9 of 23 Pages
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Technology Offshore, Ltd.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,605,650
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
1,605,650
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,605,650
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.3%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 30226D106 13G Page 10 of 23 Pages
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Explorers Partners, L.P.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 32,900
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
32,900
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
32,900
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.0%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 30226D106 13G Page 11 of 23 Pages
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Explorers Offshore, Ltd.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 167,100
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
167,100
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
167,100
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.1%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 30226D106 13G Page 12 of 23 Pages
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Communications Partners, L.P.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 119,400
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
119,400
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
119,400
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.1%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 30226D106 13G Page 13 of 23 Pages
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Communications Offshore, Ltd.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 483,100
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
483,100
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
483,100
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.4%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 30226D106 13G Page 14 of 23 Pages
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Buccaneers Offshore, Ltd.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 250,750
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 0
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
250,750
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
250,750
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.2%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 30226D106 13G Page 15 of 23 Pages
SCHEDULE 13-G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(c)
ITEM 1(A). NAME OF ISSUER:
Extreme Networks, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
3585 Monroe Street
Santa Clara, CA 95051
ITEM 2(A). NAME OF PERSON FILING:
Raj Rajaratnam
Galleon Management, L.L.C.
Galleon Management, L.P.
Galleon Advisors, L.L.C.
Galleon Captains Partners, L.P.
Galleon Captains Offshore, Ltd.
Galleon Technology Partners II, L.P.
Galleon Technology Offshore, Ltd.
Galleon Explorers Partners, L.P.
Galleon Explorers Offshore, Ltd.
Galleon Communication Partners, L.P.
Galleon Communication Offshore, Ltd.
Galleon Buccaneers Offshore, Ltd.
Each of the foregoing, a "Reporting Person."
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
For Galleon Management, L.P.:
135 East 57th Street, 16th Floor
New York, NY 10022
For each Reporting Person other than Galleon Management, L.P.:
c/o Galleon Management, L.P.
135 East 57th Street, 16th Floor
New York, NY 10022
ITEM 2(C). CITIZENSHIP:
For Raj Rajaratnam: United States
For Galleon Captains Offshore, Ltd.: Bermuda
For Galleon Technology Offshore, Ltd.: Bermuda
CUSIP NO. 30226D106 13G Page 16 of 23 Pages
For Galleon Communication Offshore, Ltd.: British Virgin
Islands
For Galleon Buccaneers Offshore, Ltd.: Cayman Islands
For Galleon Explorers Offshore, Ltd.: Cayman Islands
For each Reporting Person other than Raj Rajaratnam, Galleon
Captains
Offshore, Ltd., Galleon Technology Offshore, Ltd., Galleon
Communication Offshore, Ltd., Galleon Buccaneers
Offshore, Ltd., and Galleon Explorers Offshore, Ltd.: Delaware
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $0.001
ITEM 2(E). CUSIP NUMBER:
30226D106
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:
Not applicable.
ITEM 4. OWNERSHIP.
For Raj Rajaratnam, Galleon Management, L.P., and Galleon Management,
L.L.C.:
(a) Amount Beneficially Owned:
6,281,073 shares of Common Stock
(b) Percent of Class:
5.2% (Based upon 121,858,503 shares of Common Stock
outstanding as reported by the Issuer in its Quarterly Report
on Form 10-Q for the quarter ended March 27, 2005)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 6,281,073
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition
of: 6,281,073
For Galleon Advisors, L.L.C.:
(a) Amount Beneficially Owned:
1,184,975 shares of Common Stock
(b) Percent of Class:
1.0% (Based upon 121,858,503 shares of Common Stock
outstanding as reported by the Issuer in its Quarterly Report
on Form 10-Q for the quarter ended March 27, 2005)
CUSIP NO. 30226D106 13G Page 17 of 23 Pages
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 1,184,975
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition
of: 1,184,975
For Galleon Captains Partners, L.P.:
(a) Amount Beneficially Owned:
613,325 shares of Common Stock
(b) Percent of Class:
0.5% (Based upon 121,858,503 shares of Common Stock
outstanding as reported by the Issuer in its Quarterly Report
on Form 10-Q for the quarter ended March 27, 2005)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 613,325
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition
of: 613,325
For Galleon Captains Offshore, Ltd.:
(a) Amount Beneficially Owned:
2,589,498 shares of Common Stock
(b) Percent of Class:
2.1% (Based upon 121,858,503 shares of Common Stock
outstanding as reported by the Issuer in its Quarterly Report
on Form 10-Q for the quarter ended March 27, 2005)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 2,589,498
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition
of: 2,589,498
CUSIP NO. 30226D106 13G Page 18 of 23 Pages
For Galleon Technology Partners II, L.P.:
(a) Amount Beneficially Owned:
419,350 shares of Common Stock
(b) Percent of Class:
0.3% (Based upon 121,858,503 shares of Common Stock
outstanding as reported by the Issuer in its Quarterly Report
on Form 10-Q for the quarter ended March 27, 2005)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 419,350
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition
of: 419,350
For Galleon Technology Offshore, Ltd.:
(a) Amount Beneficially Owned:
1,605,650 shares of Common Stock
(b) Percent of Class:
1.3% (Based upon 121,858,503 shares of Common Stock
outstanding as reported by the Issuer in its Quarterly Report
on Form 10-Q for the quarter ended March 27, 2005)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 1,605,650
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition
of: 1,605,650
CUSIP NO. 30226D106 13G Page 19 of 23 Pages
For Galleon Explorers Partners, L.P.:
(a) Amount Beneficially Owned:
32,900 shares of Common Stock
(b) Percent of Class:
0.0% (Based upon 121,858,503 shares of Common Stock
outstanding as reported by the Issuer in its Quarterly Report
on Form 10-Q for the quarter ended March 27, 2005)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 32,900
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition
of: 32,900
For Galleon Explorers Offshore, Ltd.:
(a) Amount Beneficially Owned:
167,100 shares of Common Stock
(b) Percent of Class:
0.1% (Based upon 121,858,503 shares of Common Stock
outstanding as reported by the Issuer in its Quarterly Report
on Form 10-Q for the quarter ended March 27, 2005)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 167,100
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition
of: 167,100
CUSIP NO. 30226D106 13G Page 20 of 23 Pages
For Galleon Communications Partners, L.P.:
(a) Amount Beneficially Owned:
119,400 shares of Common Stock
(b) Percent of Class:
0.1% (Based upon 121,858,503 shares of Common Stock
outstanding as reported by the Issuer in its Quarterly Report
on Form 10-Q for the quarter ended March 27, 2005)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 119,400
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition
of: 119,400
For Galleon Communications Offshore, Ltd.:
(a) Amount Beneficially Owned:
483,100 shares of Common Stock
(b) Percent of Class:
0.4% (Based upon 121,858,503 shares of Common Stock
outstanding as reported by the Issuer in its Quarterly Report
on Form 10-Q for the quarter ended March 27, 2005)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 483,100
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition
of: 483,100
CUSIP NO. 30226D106 13G Page 21 of 23 Pages
For Galleon Buccaneers Offshore, Ltd.:
(a) Amount Beneficially Owned:
250,750 shares of Common Stock
(b) Percent of Class:
0.2% (Based upon 121,858,503 shares of Common Stock
outstanding as reported by the Issuer in its Quarterly Report
on Form 10-Q for the quarter ended March 27, 2005)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 250,750
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition
of: 250,750
Pursuant to the partnership agreement of Galleon Captains Partners, L.P.,
Galleon Technology Partners II, L.P., Galleon Explorers Partners, L.P., and
Galleon Communication Partners, L.P., Galleon Management, L.P. and Galleon
Advisors, L.L.C. share all investment and voting power with respect to the
securities held by Galleon Captains Partners, L.P., Galleon Technology Partners
II, L.P., Galleon Explorers Partners, L.P., and Galleon Communication Partners,
L.P., and pursuant to an investment management agreement, Galleon Management,
L.P. has all investment and voting power with respect to the securities held by
Galleon Captains Offshore, Ltd., Galleon Technology Offshore, Ltd., Galleon
Communications Offshore, Ltd., Galleon Explorers Offshore, Ltd., and Galleon
Buccaneers Offshore, Ltd. Raj Rajaratnam, as the managing member of Galleon
Management, L.L.C., controls Galleon Management, L.L.C., which, as the general
partner of Galleon Management, L.P., controls Galleon Management, L.P. Raj
Rajaratnam, as the managing member of Galleon Advisors, L.L.C., also controls
Galleon Advisors, L.L.C. The shares reported herein by Raj Rajaratnam, Galleon
Management, L.P., Galleon Management, L.L.C., and Galleon Advisors, L.L.C. may
be deemed beneficially owned as a result of the purchase of such shares by
Galleon Captains Partners, L.P., Galleon Captains Offshore, Ltd., Galleon
Technology Partners II, L.P., Galleon Technology Offshore, Ltd., Galleon
Explorers Partners, L.P., Galleon Explorers Offshore, Ltd., Galleon
Communication Partners, L.P., Galleon Communication Offshore, Ltd., and Galleon
Buccaneers Offshore, Ltd., as the case may be. Each of Raj Rajaratnam, Galleon
Management, L.P., Galleon Management, L.L.C., and Galleon Advisors, L.L.C.
disclaims any beneficial ownership of the shares reported herein, except to the
extent of any pecuniary interest therein.
CUSIP NO. 30226D106 13G Page 22 of 23 Pages
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 |_|.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable.
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 A GROUP.
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
By signing below I certify that, to the best of my 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.
CUSIP NO. 30226D106 13G Page 23 of 23 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.
/s/ RAJ RAJARATNAM
---------------------------------------------------
Raj Rajaratnam, for HIMSELF;
For GALLEON MANAGEMENT, L.P., as the Managing
Member of its General Partner, Galleon
Management, L.L.C.;
For GALLEON MANAGEMENT, L.L.C., as its
Managing Member;
For GALLEON ADVISORS, L.L.C., as its Managing
Member;
For GALLEON CAPTAINS PARTNERS, L.P., as the
Managing Member of its General Partner,
Galleon Advisors, L.L.C.;
For GALLEON CAPTAINS OFFSHORE, LTD., as the
Managing Member of Galleon Management, L.L.C.,
which is the General Partner of Galleon
Management, L.P., which in turn, is an
Authorized Signatory;
For GALLEON TECHNOLOGY PARTNERS II, L.P., as the
Managing Member of its General Partner, Galleon
Advisors, L.L.C.;
For GALLEON TECHNOLOGY OFFSHORE, LTD., as the
Managing Member of Galleon Management, L.L.C.,
which is the General Partner of Galleon
Management, L.P., which in turn, is an
Authorized Signatory;
For GALLEON EXPLORERS PARTNERS, L.P., as the
Managing Member of its General Partner, Galleon
Advisors, L.L.C.;
For GALLEON EXPLORERS OFFSHORE, LTD., as the
Managing Member of Galleon Management, L.L.C.,
which is the General Partner of Galleon
Management, L.P., which in turn, is an
Authorized Signatory;
For GALLEON COMMUNICATION PARTNERS, L.P., as the
Managing Member of its General Partner, Galleon
Advisors, L.L.C.;
For GALLEON COMMUNICATION OFFSHORE, LTD., as the
Managing Member of Galleon Management, L.L.C.,
which is the General Partner of Galleon
Management, L.P., which in turn, is an
Authorized Signatory; and
For GALLEON BUCCANEERS OFFSHORE, LTD., as the
Managing Member of Galleon Management, L.L.C.,
which is the General Partner of Galleon
Management, L.P., which in turn, is an
Authorized Signatory.
Dated: July 15, 2005
EXHIBIT 1
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the others, except to the extent that he or it knows or has reason to
believe that such information is inaccurate.
/s/ RAJ RAJARATNAM
------------------------------------------------
Raj Rajaratnam, for HIMSELF;
For GALLEON MANAGEMENT, L.P., as the Managing
Member of its General Partner, Galleon
Management, L.L.C.;
For GALLEON MANAGEMENT, L.L.C., as its Managing
Member;
For GALLEON ADVISORS, L.L.C., as its Managing
Member;
For GALLEON CAPTAINS PARTNERS, L.P., as the
Managing Member of its General Partner,
Galleon Advisors, L.L.C.;
For GALLEON CAPTAINS OFFSHORE, LTD., as the
Managing Member of Galleon Management,
L.L.C., which is the General Partner of
Galleon Management, L.P., which in turn, is
an Authorized Signatory;
For GALLEON TECHNOLOGY PARTNERS II, L.P., as the
Managing Member of its General Partner,
Galleon Advisors, L.L.C.;
For GALLEON TECHNOLOGY OFFSHORE, LTD., as the
Managing Member of Galleon Management,
L.L.C., which is the General Partner of
Galleon Management, L.P., which in turn, is
an Authorized Signatory;
For GALLEON EXPLORERS PARTNERS, L.P., as the
Managing Member of its General Partner,
Galleon Advisors, L.L.C.;
For GALLEON EXPLORERS OFFSHORE, LTD., as the
Managing Member of Galleon Management,
L.L.C., which is the General Partner of
Galleon Management, L.P., which in turn, is
an Authorized Signatory;
For GALLEON COMMUNICATION PARTNERS, L.P., as the
Managing Member of its General Partner,
Galleon Advisors, L.L.C.;
For GALLEON COMMUNICATION OFFSHORE, LTD., as the
Managing Member of Galleon Management,
L.L.C., which is the General Partner of
Galleon Management, L.P., which in turn, is
an Authorized Signatory; and
For GALLEON BUCCANEERS OFFSHORE, LTD., as the
Managing Member of Galleon Management,
L.L.C., which is the General Partner of
Galleon Management, L.P., which in turn, is
an Authorized Signatory.
Dated: July 15, 2005