- Amended Statement of Ownership (SC 13G/A)
10 Februar 2010 - 7:24PM
Edgar (US Regulatory)
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OMB APPROVAL
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OMB Number: 3235-0145
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Expires: December 31, 2005
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Plato Learning, Inc.
(Name of Issuer)
Common Stock; $.01 par value
(Title of Class of Securities)
72764Y100
(CUSIP Number)
December 31, 2009
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
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þ
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Rule 13d-1(b)
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o
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Rule 13d-1(c)
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o
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Rule 13d-1(d)
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* The remainder of this cover page shall be filled out for a reporting persons 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).
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a
currently valid OMB control number.
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1
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NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
S Squared Technology, LLC/01-0622776
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
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(a)
o
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(b)
o
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION:
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Delaware
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5
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SOLE VOTING POWER:
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NUMBER OF
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1,255,100
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SHARES
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6
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SHARED VOTING POWER:
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BENEFICIALLY BY
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OWNED BY
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-0-
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EACH
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7
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SOLE DISPOSITIVE POWER:
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REPORTING
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PERSON
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1,255,100
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WITH:
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8
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SHARED DISPOSITIVE POWER:
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-0-
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
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1,255,100
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
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o
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
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5.15%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
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IA
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Page 2 of 10 pages
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1
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NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
S Squared Technology Partners, L.P./43-1991746
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
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(a)
o
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(b)
o
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION:
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Delaware
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5
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SOLE VOTING POWER:
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NUMBER OF
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351,200
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SHARES
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6
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SHARED VOTING POWER:
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BENEFICIALLY BY
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OWNED BY
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-0-
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EACH
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7
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SOLE DISPOSITIVE POWER:
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REPORTING
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PERSON
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351,200
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WITH:
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8
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SHARED DISPOSITIVE POWER:
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-0-
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
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351,200
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
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o
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
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1.44%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
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IA
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Page 3 of 10 pages
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1
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NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
Seymour L. Goldblatt
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
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(a)
o
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(b)
o
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION:
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United States
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5
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SOLE VOTING POWER:
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NUMBER OF
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1,606,300
1
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SHARES
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6
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SHARED VOTING POWER:
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BENEFICIALLY BY
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OWNED BY
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-0-
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EACH
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7
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SOLE DISPOSITIVE POWER:
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REPORTING
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PERSON
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1,606,300
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WITH:
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8
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SHARED DISPOSITIVE POWER:
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-0-
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
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1,606,300
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
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o
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
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6.59%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
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IN
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1
Represents
combined holdings of S Squared Technology LLC and S Squared Technology Partners, L.P. Seymour L. Goldblatt disclaims any beneficial
ownership interest of the shares held by any funds for which S Squared Technology LLC or S Squared Technology Partners, L.P. acts as
an investment adviser, except for that portion of such shares that relates to his economic interest in such shares, if any.
Page 4 of 10 pages
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1
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NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
Kenneth A. Goldblatt
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
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(a)
o
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(b)
o
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION:
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United States
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5
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SOLE VOTING POWER:
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NUMBER OF
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1,606,300
2
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SHARES
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6
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SHARED VOTING POWER:
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BENEFICIALLY BY
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OWNED BY
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-0-
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EACH
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7
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SOLE DISPOSITIVE POWER:
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REPORTING
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PERSON
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1,606,300
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WITH:
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8
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SHARED DISPOSITIVE POWER:
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-0-
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
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1,606,300
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
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o
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
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6.59%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
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IN
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2
Represents combined holdings of S Squared Technology LLC and S Squared Technology Partners, L.P.
Kenneth A. Goldblatt disclaims any beneficial ownership interest of the shares held by any funds for which S Squared Technology
LLC or S Squared Technology Partners, L.P. acts as an investment adviser, except for that portion of such shares that relates to
his economic interest in such shares, if any.
Page 5 of 10 pages
Item 1.
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(a)
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Name of Issuer:
Plato Learning, Inc.
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(b)
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Address of Issuers Principal Executive Offices:
10801 Nesbitt Avenue South,
Bloomington, MN 55437
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Item 2.
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(a)
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Name of Person Filing:
This statement is filed on behalf of S Squared
Technology, LLC (SST), a Delaware limited liability company, S Squared Technology
Partners, L.P. (SSTP), a Delaware limited partnership, and Seymour L. Goldblatt
(Seymour) and Kenneth A. Goldblatt (Kenneth), both United States citizens. SST and
SSTP are registered investment advisers. Seymour is the President of each of SST and
SSTP and owns a majority of the interests in SST. Kenneth owns a majority of the
interests in SSTP. An agreement among SST, SSTP, Seymour and Kenneth in writing to
file this statement on behalf of each of them is attached as Exhibit A hereto. This
statement relates to shares held for the accounts of multiple private investment funds
for which SST or SSTP acts as investment adviser.
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(b)
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Address of Principal Business Office or, if none, Residence:
515 Madison
Avenue, New York, NY 10022
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(c)
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Citizenship:
SST is a Delaware limited liability company, SSTP is a Delaware
limited partnership, and Seymour and Kenneth are both United States citizens.
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(d)
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Title of Class of Securities:
Common stock; $.01 par value
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(e)
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CUSIP Number:
72764Y100
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Item 3.
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SST and SSTP are registered investment advisers. Seymour and Kenneth are control persons
of SST and SSTP.
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Provide the following information regarding the aggregate number and percentage of the class
of securities of the issuer identified in Item 1.
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(a)
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Amount beneficially owned:
1,606,300
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(b)
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Percent of class:
6.59%
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(c)
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Number of shares as to which the person has:
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(i)
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Sole power to vote or to direct the vote:
1,606,300
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(ii)
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Shared power to vote or to direct the vote:
-0-
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(iii)
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Sole power to dispose or to direct the disposition of:
1,606,300
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(iv)
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Shared power to dispose or to direct the disposition of:
-0-
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Instruction
. For computations regarding securities which represent a right to acquire an
underlying security
see
§ 240.13d-3(d)(1).
Page 6 of 10 pages
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Item 5.
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Ownership of Five Percent or Less of a Class
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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:
o
Instruction
: Dissolution of a group requires a response to this item.
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Item 6.
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Ownership of More than Five Percent on Behalf of Another Person.
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The limited partners of (or investors in) each of private investment funds for which SST or
SSTP acts as investment adviser have the right to participate in the receipt of dividends from, and
proceeds from the sale of, the shares held for the accounts of such funds in accordance with their
respective limited partnership interest (or investment percentages) in such funds.
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Item 7.
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Identification and Classification of the Subsidiary Which Acquired the Security Being
Reported on By the Parent Holding Company
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Item 8.
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Identification and Classification of Members of the Group
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If a group has filed this schedule pursuant to § 240.13d-l(b)(1)(ii)(J), so indicate under
Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of
the group. If a group has filed this schedule pursuant to § 240.13d-1(c) or § 240.13d-1(d), attach
an exhibit stating the identity of each member of the group.
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Item 9.
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Notice of Dissolution of Group
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Notice of dissolution of a group may be furnished as an exhibit stating the date of the
dissolution and that all further filings with respect to transactions in the security reported on
will be filed, if required, by members of the group, in their individual capacity. See Item 5.
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(a)
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The following certification shall be included if the statement is filed
pursuant to § 240.13d-1(b):
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By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held
in the ordinary course of business and 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.
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Page 7 of 10 pages
SIGNATURES
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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.
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Dated: February 11, 2010
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S Squared Technology, LLC
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By:
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/s/ Seymour L. Goldblatt
Seymour L. Goldblatt
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President
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S Squared Technology Partners, L.P.
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By:
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/s/ Seymour L. Goldblatt
Seymour L. Goldblatt
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President
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/s/ Seymour L. Goldblatt
Seymour L. Goldblatt
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/s/ Kenneth A. Goldblatt
Kenneth A. Goldblatt
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The original statement shall be signed by each person on whose behalf the statement is filed
or his authorized representative. If the statement is signed on behalf of a person by his
authorized representative other than an executive officer or general partner of the filing person,
evidence of the representatives authority to sign on behalf of such person shall be filed with the
statement;
provided, however
, that a power of attorney for this purpose which is already on file
with the Commission may be incorporated by reference. The name and any title of each person who
signs the statement shall be typed or printed beneath his signature.
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 for whom copies are to be
sent.
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations
(
See
18 U.S.C. 1001)
Page 8 of 10 pages
EXHIBIT INDEX
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Exhibit A
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Agreement among SST, SSTP, Seymour and Kenneth to file this
statement jointly on behalf of each of them.
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Page 9 of 10 pages
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