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Filing Details

Accession Number:: 0001140361-12-009485
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-02-17 20:30:49
Reporting Period:: 2012-01-26

Filing Date:: 2012-02-17
Accepted Time:: 2012-02-17 20:30:49
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1441567	Mmodal Inc.	MODL	Services-Computer Processing & Data Preparation (7374)	000000000

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
732892	Lazard Freres & Co Llc	30 Rockfeller Plaza 59Th Floor New York NY 10020	No	No	No	Yes
1015076	C L L Management Capital C A S	540 Madison Avenue New York NY 10022	Yes	No	Yes	No
1441034	S.a.c. Pei Cb Investment, L.p.	C/O Walkers Corporate Services Limited Walker House, 87 Mary Street George Town E9 KY1-9002	Yes	No	Yes	No
1441316	S.a.c. Pei Cb Investment Ii, Llc	72 Cummings Point Road Stamford CT 06902	Yes	No	Yes	No
1441318	S.a.c. Private Equity Gp, L.p.	C/O Walkers Corporate Services Limited Walker House, 87 Mary Street George Town, Grand Cayman E9 KY1-9002	Yes	No	Yes	No
1441319	S.a.c. Private Equity Investors, L.p.	C/O Walkers Corporate Services Limited Walker House, 87 Mary Street George Town, Grand Cayman E9 KY1-9002	Yes	No	Yes	No
1441320	S.a.c. Pei Cb Investment Gp, Ltd	C/O Walkers Corporate Services Limited Walker House, 87 Mary Street George Town, Grand Cayman E9 KY1-9002	Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.10 Per Share (The "Common Stock")	Acquisiton	2012-01-26	3,200	$10.81	3,200	No	4	P	Indirect	See Footnotes
Common Stock	Disposition	2012-01-26	511	$10.93	2,689	No	4	S	Indirect	See Footnotes
Common Stock	Acquisiton	2012-01-27	600	$10.89	3,289	No	4	P	Indirect	See Footnotes
Common Stock	Disposition	2012-01-30	800	$10.81	2,489	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Equity Swap (obligation to sell)	Acquisiton	2012-01-27	1	$0.00	100	$10.93

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1	2012-01-27		Yes	4	J	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	15,768,938	Indirect	See Footnotes
Common Stock	1,484,689	Indirect	See Footnotes
Common Stock	304,175	Indirect	See Footnotes

Footnotes

The price reported is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $10.69 to $11.00, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each price within the range set forth herein.
The price reported is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $10.73 to $10.89, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each price within the range set forth herein.
On January 27, 2012, an equity swap transaction was entered into for the benefit of S.A.C. MultiQuant Fund, LLC ("SAC MultiQuant") with a securities broker pursuant to which, upon expiration or earlier settlement of the transaction, (i) the broker would pay to SAC MultiQuant $1,093, representing $10.93 per share with respect to each of the 100 shares of the issuer's common stock referenced in the transaction, and (ii) SAC MultiQuant would pay to the broker the market value of 100 shares of the issuer's common stock as of the expiration or earlier settlement of the transaction. The swap transaction further provided that, during its term, (i) SAC MultiQuant would pay to the broker an amount equal to any dividends paid by the issuer on 100 shares of common stock, and (ii) the broker would pay to SAC MultiQuant interest on $1,093. SAC MultiQuant's account would also be charged a transaction fee by the broker.
Securities directly beneficially owned by SAC MultiQuant. All transactions reported on this Form 4 were in respect of securities directly beneficially owned by SAC MultiQuant and were effected pursuant to automated quantitative trading strategies. On behalf of the Reporting Persons, S.A.C. Capital Advisors, L.P. ("SAC Advisors LP") has agreed to disgorge to the issuer all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934 that resulted from the transactions reported herein.
Securities directly beneficially owned by S.A.C. PEI CB Investment, L.P. ("SAC CBI").
Securities directly beneficially owned by S.A.C. PEI CB Investment II, LLC ("SAC CBI II").
Securities directly beneficially owned by International Equities (S.A.C. Asia) Limited ("SAC Asia").
The general partner of SAC CBI is S.A.C. PEI CB Investment GP, Limited ("SAC CBI GP"); S.A.C. Private Equity Investors, L.P. ("SAC PEI") is the sole shareholder of SAC CBI GP; S.A.C. Private Equity GP, L.P. ("SAC PEI GP") is the general partner of SAC PEI; S.A.C. Capital Management, LLC ("SAC Management LLC") is the general partner of SAC PEI GP; and Mr. Steven A. Cohen controls SAC Management LLC. The manager of SAC CBI II is S.A.C. Private Capital Group, LLC ("SAC PCG"); SAC Advisors LP manages SAC PCG; S.A.C. Capital Advisors Inc. ("SAC Advisors Inc.") is the general partner of SAC Advisors LP; and Mr. Cohen controls SAC Advisors Inc.
(Continued from footnote 8) Pursuant to investment management agreements, SAC Advisors LP and S.A.C. Capital Advisors, LLC ("SAC Advisors LLC") maintain voting and dispositive power with respect to securities held by SAC Asia; and Mr. Cohen controls SAC Advisors LLC. Pursuant to an investment management agreement, SAC Advisors LP maintains voting and dispositive power with respect to securities held by SAC MultiQuant.
Messrs. Peter Berger, Frank Baker and Jeffrey Hendren, directors of the issuer, are former employees of SAC PCG and continue to oversee the Reporting Persons' investment in the issuer.
Because no more than 10 reporting persons can submit any one Form 4 through the Securities and Exchange Commission's EDGAR system, SAC PCG, SAC Advisors LP, SAC Advisors Inc., SAC Advisors LLC and Mr. Cohen have submitted a separate Form 4. Although submitted separately, the two submissions are intended to be a single filing.