UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
Health Fitness Corp.
(Name of Issuer)
Common Stock, $0.01 par value
(Title of Class of Securities)
42217V201
(CUSIP Number)
December 31, 2008
(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 on 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).
Continued on following pages
Page 1 of 5 Pages
|
|
Page 2 of 5 Pages |
|
1 |
Names of Reporting Persons |
I.R.S. Identification Nos. of above persons (entities only)
PEQUOT CAPITAL MANAGEMENT, INC.
06-1524885
|
2 |
Check the Appropriate Box If a Member of a Group (See Instructions) |
|
|
a. |
[ ] |
|
|
b. |
[ ] |
|
3 |
SEC Use Only |
|
4 |
Citizenship or Place of Organization |
CONNECTICUT
|
|
5 |
Sole Voting Power |
|
Number of Shares |
|
979,690 |
|
Beneficially Owned By Each |
6 |
Shared Voting Power 0 |
|
Reporting Person With |
7 |
Sole Dispositive Power 996,520 |
|
|
8 |
Shared Dispositive Power |
|
|
|
0 |
|
9 |
Aggregate Amount Beneficially Owned by Each Reporting Person |
996,520
|
10 |
Check Box If the Aggregate Amount in Row (9) Excludes Certain |
Shares (See Instructions)
|
|
[ |
] |
|
11 |
Percent of Class Represented By Amount in Row (9) |
9.9%
|
12 |
Type of Reporting Person (See Instructions) |
|
|
IA, CO |
Page 3 of 5 Pages
|
Item |
1(a) |
Name of Issuer: Health Fitness Corp. (the "Issuer"). |
|
|
1(b) |
Address of the Issuer's Principal Executive Offices: |
|
|
1650 W. 82nd Street, Suite 1100, Bloomington, MN 55431 |
|
Item |
2(a) – (c) |
Name, Principal Business Address, and Citizenship of Person Filing: |
|
|
Pequot Capital Management, Inc. |
|
|
187 Danbury Road, Wilton, CT 06897 |
which is a Connecticut corporation.
|
|
2(d) |
Title of Class of Securities: Common Stock, $0.01 par value |
|
|
2(e) |
CUSIP Number: 42217V201 |
|
Item |
3. |
This statement is filed pursuant to Rule 13d-1(b)(1)(ii)(E). |
Pequot Capital Management, Inc. is an investment adviser registered under Section 203 of the Investment Advisers Act of 1940.
|
Item |
4. |
Ownership: |
Ownership as of December 31, 2008 is incorporated herein by reference from items (5) – (9) and (11) of the cover page of the Reporting Person.
The number of shares reported in items (5) – (9) and (11) consists of 546,700 shares of common stock and 449,820 shares of common stock underlying warrants held for the accounts of the Reporting Person’s clients. This Amendment #5 replaces Amendment #4 as Amendment #4 did not reflect the recent reverse stock split with respect to the number of shares of common stock underlying the warrants.
|
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 Reporting Person is an investment adviser registered under Section 203 of the Investment Advisers Act of 1940 and, as such, has beneficial ownership of the shares which are the subject of this filing through the investment discretion the Reporting Person exercises over its clients' accounts.
|
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.
Page 4 of 5 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 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 such securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect.
Page 5 of 5 Pages
|
|
|
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
|
Date: May 15, 2009 |
PEQUOT CAPITAL MANAGEMENT, INC. |
|
|
By: |
/s/ Aryeh Davis |
|
|
Name: |
Aryeh Davis |
|
|
Title: |
Chief Operating Officer, General Counsel and |
Secretary