Double-Take Software, Inc. - Statement of Ownership (SC 13G)
February 14 2008 - 10:13AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.
)*
Double-Take Software, Inc.
Common Stock
|
|
|
(Title of Class of Securities)
|
258598101
December 31, 2007
|
|
|
(Date of Event Which Requires Filing of this Statement)
|
Check the appropriate box to designate the
rule pursuant to which this Schedule is filed:
x
Rule 13d-1(b)
¨
Rule 13d-1(c)
¨
Rule 13d-1(d)
|
*
|
|
The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any
subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
|
The information required in
the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be
subject to all other provisions of the Act (however, see the Notes).
Page 1 of 11 pages
|
|
|
|
|
|
|
CUSIP No. 258598101
|
|
13G
|
|
Page 2 of 11 Pages
|
|
|
|
|
|
|
|
1
|
|
NAME OF REPORTING PERSON
Oberweis Asset Management, Inc.
|
|
|
|
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
Not Applicable
|
|
(a)
¨
(b)
¨
|
|
3
|
|
SEC USE ONLY
|
|
|
|
4
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois
|
|
|
|
|
|
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
5 SOLE VOTING POWER
None
|
|
|
6 SHARED VOTING POWER
1,247,370
|
|
|
7 SOLE DISPOSITIVE POWER
None
|
|
|
8 SHARED DISPOSITIVE POWER
1,247,370
|
|
|
|
|
|
|
|
9
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,247,370
|
|
|
|
10
|
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
Not Applicable
|
|
¨
|
|
11
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.7%
|
|
|
|
12
|
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IA
|
|
|
|
|
|
|
|
|
|
CUSIP No. 258598101
|
|
13G
|
|
Page 3 of 11 Pages
|
|
|
|
|
|
|
|
1
|
|
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
James D. Oberweis
|
|
|
|
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
Not Applicable
|
|
(a)
¨
(b)
¨
|
|
3
|
|
SEC USE ONLY
|
|
|
|
4
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
|
|
|
|
|
|
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
5 SOLE VOTING POWER
None
|
|
|
6 SHARED VOTING POWER
1,247,370
|
|
|
7 SOLE DISPOSITIVE POWER
None
|
|
|
8 SHARED DISPOSITIVE POWER
1,247,370
|
|
|
|
|
|
|
|
9
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,247,370
|
|
|
|
10
|
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
Not Applicable
|
|
¨
|
|
11
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.7%
|
|
|
|
12
|
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
|
|
|
|
|
|
|
|
|
CUSIP No. 258598101
|
|
13G
|
|
Page 4 of 11 Pages
|
|
|
|
|
|
|
|
1
|
|
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
James W. Oberweis
|
|
|
|
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
Not Applicable
|
|
(a)
¨
(b)
¨
|
|
3
|
|
SEC USE ONLY
|
|
|
|
4
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
|
|
|
|
|
|
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
5 SOLE VOTING POWER
None
|
|
|
6 SHARED VOTING POWER
1,247,370
|
|
|
7 SOLE DISPOSITIVE POWER
None
|
|
|
8 SHARED DISPOSITIVE POWER
1,247,370
|
|
|
|
|
|
|
|
9
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,247,370
|
|
|
|
10
|
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
Not Applicable
|
|
¨
|
|
11
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.7%
|
|
|
|
12
|
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
|
|
|
|
|
|
|
Item 1(a)
|
|
Name of Issuer:
|
|
|
|
|
|
|
Double-Take Software, Inc.
|
|
|
|
|
|
Item 1(b)
|
|
Address of Issuer’s Principal Executive Offices:
|
|
|
|
|
|
|
257 Turnpike Road, Suite 210
Southborough, MA 01772
|
|
|
|
|
|
Item 2(a)
|
|
Name of Person Filing:
|
|
|
|
|
|
|
Oberweis Asset Management, Inc. (“OAM”)
James D. Oberweis
James W. Oberweis
|
|
|
|
|
|
Item 2(b)
|
|
Address of Principal Business Office or, if none, Residence:
|
|
|
|
|
|
|
OAM, James D. Oberweis and James W. Oberweis are located at:
3333 Warrenville Road
Suite 500
Lisle, IL
60532
|
|
|
|
|
|
Item 2(c)
|
|
Citizenship:
|
|
|
|
|
|
|
OAM is an Illinois Corporation.
James D. Oberweis and
James W. Oberweis are U.S. citizens.
|
|
|
|
|
|
Item 2(d)
|
|
Title of Class of Securities:
|
|
|
|
|
|
|
Common Stock
|
|
|
|
|
|
Item 2(e)
|
|
CUSIP Number:
|
|
|
|
|
|
|
258598101
|
|
|
|
|
|
Item 3
|
|
Type of Person:
|
|
|
|
|
|
|
(e) OAM is an investment adviser in accordance with
§240.13d-1(b)(1)(ii)(E). James D. Oberweis and James W.
Oberweis are the principal stockholders of OAM.
|
Page 5 of 11 pages
|
|
|
|
|
Item 4
|
|
Ownership (at December 31, 2007):
|
|
|
|
|
|
|
(a) Amount owned “beneficially” within the meaning of rule 13d-3:
|
|
|
|
|
|
|
1,247,370 shares
|
|
|
|
|
|
|
(b) Percent of class:
|
|
|
|
|
|
|
5.7% (based on 21,832,816 shares outstanding on November 2,
2007)
|
|
|
|
|
|
|
(c) Number of shares as to which such person has:
(i) sole power to vote or
to direct the vote:
none
(ii) shared power to vote or to
direct the vote:
1,247,370
(iii) sole power to dispose or to direct
the disposition of:
none
(iv) shared power to dispose or to
direct disposition of:
1,247,370
|
|
|
|
|
|
|
OAM serves as investment adviser to The Oberweis Funds (the “Fund”). Various of OAM’s shareholders and employees are also officers and trustees of the Fund, but OAM does not
consider the Fund to be controlled by such persons. Although the Fund is not controlled by OAM, pursuant to Rule 13d-3(a) the 232,300 shares beneficially owned by the Fund, with respect to which the Fund has delegated to OAM voting power and
dispositive power, are considered to be shares beneficially owned by OAM by reason of such delegated powers. In addition to the shares beneficially owned by the Fund, other clients of OAM may own shares which are not included in the aggregated
number of shares reported herein because OAM does not have or share voting or investment power over those shares.
|
|
|
|
|
|
Item 5
|
|
Ownership of Five Percent or Less of a Class:
|
|
|
|
|
|
|
Not Applicable
|
|
|
|
|
Item 6
|
|
Ownership of More than Five Percent on Behalf of Another Person:
|
|
|
|
|
|
|
The shares reported herein have been acquired on behalf of discretionary clients of OAM. Persons other than OAM are entitled to receive all dividends from, and proceeds from the sale of,
those shares.
|
Page 6 of 11 pages
|
|
|
|
|
Item 7
|
|
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
|
|
|
|
|
|
|
Not Applicable
|
|
|
|
|
|
Item 8
|
|
Identification and Classification of Members of the Group:
|
|
|
|
|
|
|
Not Applicable
|
|
|
|
|
|
Item 9
|
|
Notice of Dissolution of Group:
|
|
|
|
|
|
|
Not Applicable
|
Page 7 of 11 pages
|
|
|
|
|
Item 10
|
|
Certification:
|
|
|
|
|
|
|
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.
|
Page 8 of 11 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.
Date: February 14, 2008
The undersigned corporation,
on the date above written, agrees and consents to the joint filing on its behalf of this Schedule 13G in connection with its beneficial ownership of the security reported herein.
|
|
|
|
|
OBERWEIS ASSET MANAGEMENT, INC.
|
|
|
|
|
By:
|
|
/s/ Patrick B. Joyce
|
|
|
|
Patrick B. Joyce
|
|
|
|
Executive Vice President
|
The undersigned individual, on the date above written, agrees and consents to the joint
filing on his behalf of this Schedule 13G in connection with his beneficial ownership of the security reported herein.
|
|
|
|
|
|
|
|
By:
|
|
/s/ James D. Oberweis
|
|
|
|
James D. Oberweis
|
The undersigned individual, on the date above written, agrees and consents to the joint
filing on his behalf of this Schedule 13G in connection with his beneficial ownership of the security reported herein.
|
|
|
|
|
|
|
|
By:
|
|
/s/ James W. Oberweis
|
|
|
|
James W. Oberweis
|
Page 9 of 11 pages
Exhibit Index
|
|
|
|
|
Exhibit 1
|
|
Joint Filing Agreement dated as of February 14, 2008 between Oberweis Asset Management, Inc., James D. Oberweis and James W. Oberweis
|
Page 10 of 11 pages
EXHIBIT 1
JOINT FILING AGREEMENT
The undersigned hereby agree to the joint filing of the Schedule 13G to
which this Agreement is attached.
Dated: February 14, 2008
|
|
|
|
|
OBERWEIS ASSET MANAGEMENT, INC.
|
|
|
|
|
By:
|
|
/s/ Patrick B. Joyce
|
|
|
|
Patrick B. Joyce
|
|
|
|
Executive Vice President
|
|
|
|
|
|
|
JAMES D. OBERWEIS
|
|
|
|
|
|
|
/s/ James D. Oberweis
|
|
|
|
|
|
|
JAMES W. OBERWEIS
|
|
|
|
|
|
|
/s/ James W. Oberweis
|
Page 11 of 11 pages
Double-Take Software (MM) (NASDAQ:DBTK)
Historical Stock Chart
From Jun 2024 to Jul 2024
Double-Take Software (MM) (NASDAQ:DBTK)
Historical Stock Chart
From Jul 2023 to Jul 2024
