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)
Riviera Holdings Corporation
----------------------------
(Name of Issuer)
Common Stock
------------
(Title of Class of Securities)
7696271003
----------
(CUSIP Number)
August 2, 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 21 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).
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CUSIP NO. 7696271003 13G Page 2 of 21 Pages
---------- ----------- ----------
----------------------------------------------------------------------------------------------------------------------------
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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
NUMBER OF
SHARES 0
BENEFICIALLY --------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 834,000
PERSON --------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
834,000
----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
834,000
----------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
----------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
----------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 7696271003 13G Page 3 of 21 Pages
---------- ----------- ----------
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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
NUMBER OF
SHARES 0
BENEFICIALLY --------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 834,000
PERSON --------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
834,000
----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
834,000
----------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
----------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
----------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
----------------------------------------------------------------------------------------------------------------------------
CUSIP NO. 7696271003 13G Page 4 of 21 Pages
---------- ----------- ----------
----------------------------------------------------------------------------------------------------------------------------
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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
NUMBER OF
SHARES 0
BENEFICIALLY --------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 834,000
PERSON --------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
834,000
----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
834,000
----------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
----------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
----------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 7696271003 13G Page 5 of 21 Pages
---------- ----------- ----------
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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
NUMBER OF
SHARES 0
BENEFICIALLY --------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 113,650
PERSON --------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
113,650
----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
113,650
----------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
----------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.9%
----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
----------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
----------------------------------------------------------------------------------------------------------------------------
CUSIP NO. 7696271003 13G Page 6 of 21 Pages
---------- ----------- ----------
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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
NUMBER OF
SHARES 0
BENEFICIALLY --------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 93,600
PERSON --------------------------------------------------------------------------------------------
WITH
7 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
93,600
----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
93,600
----------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
----------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.8%
----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
----------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 7696271003 13G Page 7 of 21 Pages
---------- ----------- ----------
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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
Bermuda
----------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY --------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 366,400
PERSON --------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
366,400
----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
366,400
----------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
----------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.0%
----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
----------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
----------------------------------------------------------------------------------------------------------------------------
CUSIP NO. 7696271003 13G Page 8 of 21 Pages
---------- ----------- ----------
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Admirals 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
NUMBER OF
SHARES 0
BENEFICIALLY --------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 275,000
PERSON --------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
275,000
----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
275,000
----------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
----------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.2%
----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
----------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 7696271003 13G Page 9 of 21 Pages
---------- ----------- ----------
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galleon Communication 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
NUMBER OF
SHARES 0
BENEFICIALLY --------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 2,250
PERSON --------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,250
----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,250
----------------------------------------------------------------------------------------------------------------------------
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 INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 7696271003 13G Page 10 of 21 Pages
---------- ------------ ----------
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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
NUMBER OF
SHARES 0
BENEFICIALLY --------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 6,750
PERSON --------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
6,750
----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,750
----------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
----------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.1%
----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
----------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
----------------------------------------------------------------------------------------------------------------------------
CUSIP NO. 7696271003 13G Page 11 of 21 Pages
---------- ------------ ----------
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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
NUMBER OF
SHARES 0
BENEFICIALLY --------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 17,800
PERSON --------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
17,800
----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,800
----------------------------------------------------------------------------------------------------------------------------
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 INSTRUCTION BEFORE FILLING OUT!
----------------------------------------------------------------------------------------------------------------------------
CUSIP NO. 7696271003 13G Page 12 of 21 Pages
---------- ------------ ----------
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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
NUMBER OF
SHARES 0
BENEFICIALLY --------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 72,200
PERSON --------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
72,200
----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
72,200
----------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
----------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.6%
----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
----------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 7696271003 13G Page 13 of 21 Pages
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SCHEDULE 13-G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(c)
ITEM 1(A). NAME OF ISSUER:
Riviera Holdings Corporation
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
2901 Las Vegas Boulevard South
Las Vegas, NV 89109
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 Admirals Offshore, Ltd.
Galleon Communication Partners, L.P.
Galleon Communications Offshore, Ltd.
Galleon Technology Partners II, L.P.
Galleon Technology 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. and Galleon Admirals
Offshore, Ltd.: Bermuda
For Galleon Communications Offshore, Ltd.: British Virgin
Islands
For Galleon Technology Offshore, Ltd.: Bermuda
--------------------------------------------------------------------------------
CUSIP NO. 7696271003 13G Page 14 of 21 Pages
---------- ------ ------
--------------------------------------------------------------------------------
For each Reporting Person other than Raj Rajaratnam, Galleon
Captains Offshore, Ltd., Galleon Admirals Offshore, Ltd.,
Galleon Communications Offshore, Ltd., and Galleon Technology
Offshore, Ltd.: Delaware
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock, $0.001 par value
ITEM 2(E). CUSIP NUMBER:
7696271003
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:
834,000 shares of Common Stock
(b) Percent of Class:
6.7% (Based upon 12,406,755 shares of Common Stock
outstanding as reported by the Issuer in its
Quarterly Report on Form 10-Q for the quarter ended
June 30, 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:
834,000
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 834,000
--------------------------------------------------------------------------------
CUSIP NO. 7696271003 13G Page 15 of 21 Pages
---------- ------ ------
--------------------------------------------------------------------------------
For Galleon Advisors, L.L.C.:
(a) Amount Beneficially Owned:
113,650 shares of Common
(b) Percent of Class:
0.9% (Based upon 12,406,755 shares of Common Stock
outstanding as reported by the Issuer in its
Quarterly Report on Form 10-Q for the quarter ended
June 30, 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:
113,650
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 113,650
For Galleon Captains Partners, L.P.:
(a) Amount Beneficially Owned:
93,600 shares of Common Stock
(b) Percent of Class:
0.8% (Based upon 12,406,755 shares of Common Stock
outstanding as reported by the Issuer in its
Quarterly Report on Form 10-Q for the quarter ended
June 30, 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:
93,600
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 93,600
--------------------------------------------------------------------------------
CUSIP NO. 7696271003 13G Page 16 of 21 Pages
---------- ------ ------
--------------------------------------------------------------------------------
For Galleon Captains Offshore, Ltd.:
(a) Amount Beneficially Owned:
366,400 shares of Common Stock
(b) Percent of Class:
3.0% (Based upon 12,406,755 shares of Common Stock
outstanding as reported by the Issuer in its
Quarterly Report on Form 10-Q for the quarter ended
June 30, 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:
366,400
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 366,400
For Galleon Admirals Offshore, Ltd.:
(a) Amount Beneficially Owned:
275,000 shares of Common Stock
(b) Percent of Class:
2.2% (Based upon 12,406,755 shares of Common Stock
outstanding as reported by the Issuer in its
Quarterly Report on Form 10-Q for the quarter ended
June 30, 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:
275,000
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 275,000
--------------------------------------------------------------------------------
CUSIP NO. 7696271003 13G Page 17 of 21 Pages
---------- ------ ------
--------------------------------------------------------------------------------
For Galleon Communication Partners, L.P.:
(a) Amount Beneficially Owned:
2,250 shares of Common Stock
(b) Percent of Class:
0.0% (Based upon 12,406,755 shares of Common Stock
outstanding as reported by the Issuer in its
Quarterly Report on Form 10-Q for the quarter ended
June 30, 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:
2,250
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 2,250
For Galleon Communications Offshore, Ltd.:
(a) Amount Beneficially Owned:
6,750 shares of Common Stock
(b) Percent of Class:
0.1% (Based upon 12,406,755 shares of Common Stock
outstanding as reported by the Issuer in its
Quarterly Report on Form 10-Q for the quarter ended
June 30, 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:
6,750
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 6,750
--------------------------------------------------------------------------------
CUSIP NO. 7696271003 13G Page 18 of 21 Pages
---------- ------ ------
--------------------------------------------------------------------------------
For Galleon Technology Partners II, L.P.:
(a) Amount Beneficially Owned:
17,800 shares of Common Stock
(b) Percent of Class:
0.1% (Based upon 12,406,755 shares of Common Stock
outstanding as reported by the Issuer in its
Quarterly Report on Form 10-Q for the quarter ended
June 30, 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:
17,800
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 17,800
For Galleon Technology Offshore, Ltd.:
(a) Amount Beneficially Owned:
72,200 shares of Common Stock
(b) Percent of Class:
0.6% (Based upon 12,406,755 shares of Common Stock
outstanding as reported by the Issuer in its
Quarterly Report on Form 10-Q for the quarter ended
June 30, 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:
72,200
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 72,200
--------------------------------------------------------------------------------
CUSIP NO. 7696271003 13G Page 19 of 21 Pages
---------- ------ ------
--------------------------------------------------------------------------------
Pursuant to the partnership agreements of Galleon Captains Partners, L.P.,
Galleon Communication Partners, L.P., and Galleon Technology Partners II, 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 Communication Partners, L.P., and Galleon Technology Partners II,
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 Admirals Offshore, Ltd., Galleon
Communications Offshore, Ltd., and Galleon Technology 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 Admirals Offshore, Ltd., Galleon
Communication Partners, L.P., Galleon Communications Offshore, Ltd., Galleon
Technology Partners II, L.P., and Galleon Technology 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.
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.
--------------------------------------------------------------------------------
CUSIP NO. 7696271003 13G Page 20 of 21 Pages
---------- ------ ------
--------------------------------------------------------------------------------
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.
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CUSIP NO. 7696271003 13G Page 21 of 21 Pages
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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.L.C., as its Managing Member;
For GALLEON MANAGEMENT, L.P., as the Managing Member
of its General Partner, Galleon Management, L.L.C.;
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 ADMIRALS 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 COMMUNICATIONS 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.
Dated: August 16, 2005
EXHIBIT 1
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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.L.C., as its Managing Member;
For GALLEON MANAGEMENT, L.P., as the Managing Member of its
General Partner, Galleon Management, L.L.C.;
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 ADMIRALS 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 COMMUNICATIONS 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.
Dated: August 16, 2005