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
Synaptics Incorporated
----------------------
(Name of Issuer)
Common Stock
------------
(Title of Class of Securities)
87157D109
---------
(CUSIP Number)
April 11, 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).
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CUSIP NO. 87157D109 13G Page 2 of 23 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 1,461,319
PERSON -----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,461,319
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,461,319
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.5%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 13G Page 3 of 23 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 1,461,319
PERSON -----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,461,319
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,461,319
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.5%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 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
NUMBER OF
SHARES 0
BENEFICIALLY -----------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 1,461,319
PERSON -----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,461,319
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,461,319
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.5%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 13G Page 5 of 23 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 261,048
PERSON -----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
261,048
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
261,048
--------------------------------------------------------------------------------
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 INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 13G Page 6 of 23 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 207,348
PERSON -----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
207,348
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
207,348
--------------------------------------------------------------------------------
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. 87157D109 13G Page 7 of 23 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
Cayman Islands
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY -----------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 878,941
PERSON -----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
878,941
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
878,941
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.3%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 13G Page 8 of 23 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 31,550
PERSON -----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
31,550
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
31,550
--------------------------------------------------------------------------------
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. 87157D109 13G Page 9 of 23 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 118,450
PERSON -----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
118,450
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
118,450
--------------------------------------------------------------------------------
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*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 13G Page 10 of 23 Pages
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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
NUMBER OF
SHARES 0
BENEFICIALLY -----------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 16,800
PERSON -----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
16,800
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,800
--------------------------------------------------------------------------------
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. 87157D109 13G Page 11 of 23 Pages
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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
NUMBER OF
SHARES 0
BENEFICIALLY -----------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 78,200
PERSON -----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
78,200
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
78,200
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.3%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 13G Page 12 of 23 Pages
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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
NUMBER OF
SHARES 0
BENEFICIALLY -----------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 5,350
PERSON -----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
5,350
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,350
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.02%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 13G Page 13 of 23 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 24,650
PERSON -----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
24,650
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,650
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.1%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 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
NUMBER OF
SHARES 0
BENEFICIALLY -----------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 100,030
PERSON -----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
100,030
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100,030
--------------------------------------------------------------------------------
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 INSTRUCTION BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 13G Page 15 of 23 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:
Synaptics Incorporated
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
2381 Bering Drive
San Jose, CA 95131
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 Communications Partners, L.P.
Galleon Communications 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
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CUSIP NO. 87157D109 13G Page 16 of 23 Pages
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For Galleon Communications 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 Communications 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:
87157D109
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:
1,461,319 shares of Common Stock
(b) Percent of Class:
5.5% (Based upon 26,371,425 shares of Common Stock
outstanding as reported by the Issuer in its Current
Report on Form 8-K dated April 21, 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:
1,461,319
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 1,461,319
For Galleon Advisors, L.L.C.:
(a) Amount Beneficially Owned:
261,048 shares of Common Stock
(b) Percent of Class:
1.0% (Based upon 26,371,425 shares of Common Stock
outstanding as reported by the Issuer in its Current
Report on Form 8-K dated April 21, 2005)
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 13G Page 17 of 23 Pages
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(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:
261,048
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 261,048
For Galleon Captains Partners, L.P.:
(a) Amount Beneficially Owned:
207,348 shares of Common Stock
(b) Percent of Class:
0.8% (Based upon 26,371,425 shares of Common Stock
outstanding as reported by the Issuer in its Current
Report on Form 8-K dated April 21, 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:
207,348
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 207,348
For Galleon Captains Offshore, Ltd.:
(a) Amount Beneficially Owned:
878,941 shares of Common Stock
(b) Percent of Class:
3.3% (Based upon 26,371,425 shares of Common Stock
outstanding as reported by the Issuer in its Current
Report on Form 8-K dated April 21, 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:
878,941
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 878,941
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 13G Page 18 of 23 Pages
--------- ------- --------
--------------------------------------------------------------------------------
For Galleon Technology Partners II, L.P.:
(a) Amount Beneficially Owned:
31,550 shares of Common Stock
(b) Percent of Class:
0.1% (Based upon 26,371,425 shares of Common Stock
outstanding as reported by the Issuer in its Current
Report on Form 8-K dated April 21, 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:
31,550
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 31,550
For Galleon Technology Offshore, Ltd.:
(a) Amount Beneficially Owned:
118,450 shares of Common Stock
(b) Percent of Class:
0.5% (Based upon 26,371,425 shares of Common Stock
outstanding)
(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:
118,450
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 118,450
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 13G Page 19 of 23 Pages
--------- ------- --------
--------------------------------------------------------------------------------
For Galleon Explorers Partners, L.P.:
(a) Amount Beneficially Owned:
16,800 shares of Common Stock
(b) Percent of Class:
0.1% (Based upon 26,371,425 shares of Common Stock
outstanding)
(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:
16,800
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 16,800
For Galleon Explorers Offshore, Ltd.:
(a) Amount Beneficially Owned:
78,200 shares of Common Stock
(b) Percent of Class:
0.3% (Based upon 26,371,425 shares of Common Stock
outstanding as reported by the Issuer in its Current
Report on Form 8-K dated April 21, 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:
78,200
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 78,200
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 13G Page 20 of 23 Pages
--------- ------- --------
--------------------------------------------------------------------------------
For Galleon Communications Partners, L.P.:
(a) Amount Beneficially Owned:
5,350 shares of Common Stock
(b) Percent of Class:
0.02% (Based upon 26,371,425 shares of Common Stock
outstanding as reported by the Issuer in its Current
Report on Form 8-K dated April 21, 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:
5,350
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 5,350
For Galleon Communications Offshore, Ltd.:
(a) Amount Beneficially Owned:
24,650 shares of Common Stock
(b) Percent of Class:
0.1% (Based upon 26,371,425 shares of Common Stock
outstanding as reported by the Issuer in its Current
Report on Form 8-K dated April 21, 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:
24,650
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 24,650
--------------------------------------------------------------------------------
CUSIP NO. 87157D109 13G Page 21 of 23 Pages
--------- ------- --------
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For Galleon Buccaneers Offshore, Ltd.:
(a) Amount Beneficially Owned:
100,030 shares of Common Stock
(b) Percent of Class:
0.4% (Based upon 26,371,425 shares of Common Stock
outstanding as reported by the Issuer in its Current
Report on Form 8-K dated April 21, 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:
100,030
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct the
disposition of: 100,030
Pursuant to the partnership agreement of Galleon Captains Partners, L.P.,
Galleon Technology Partners II, L.P., Galleon Explorers Partners, L.P., and
Galleon Communications 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,
L.P., Galleon Explorers Partners, L.P., and Galleon Communications 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, L.P., Galleon Technology Offshore, Ltd., Galleon Explorers
Partners, L.P., Galleon Explorers Offshore, Ltd., Galleon Communications
Partners, L.P., Galleon Communications 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.
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CUSIP NO. 87157D109 13G Page 22 of 23 Pages
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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.
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CUSIP NO. 87157D109 13G Page 23 of 23 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.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 COMMUNICATIONS 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; 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: April 26, 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 COMMUNICATIONS 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; 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: April 26, 2005