SEC Info - Cohen Steven A/Sac Capital Mgmt LP, et al. - ‘4’ for 8/17/12 re: MModal Inc.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SAC Capital Advisors LP

(Last)

(First)

(Middle)

72 CUMMINGS POINT ROAD

(Street)

STAMFORD

06902

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
MModal Inc. [ MODL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
8/17/12

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.10 per share (the "Common Stock")	8/17/12		S		2,489	D	$14	0	I	See Footnotes ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	8/17/12		S		15,768,938	D	$14	0	I	See Footnotes ⁽²⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	8/17/12		S		1,484,689	D	$14	0	I	See Footnotes ⁽³⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	8/17/12		S		304,175	D	$14	0	I	See Footnotes ⁽⁴⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	8/20/12		J/K ⁽⁹⁾		100	A	$14	100	I	See Footnotes ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	8/20/12		X/K ⁽⁹⁾		100	D	$10.93	0	I	See Footnotes ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾ ⁽⁸⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Equity Swap (obligation to sell)	$10.93	8/20/12		X/K ⁽⁹⁾			1	⁽⁹⁾	⁽⁹⁾	Common Stock	100	⁽⁹⁾	0	I	See Footnotes ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾ ⁽⁸⁾

1. Name and Address of Reporting Person^*

SAC Capital Advisors LP

(Last)

(First)

(Middle)

72 CUMMINGS POINT ROAD

(Street)

STAMFORD

06902

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

S.A.C. Private Capital Group, LLC

(Last)

(First)

(Middle)

72 CUMMINGS POINT ROAD

(Street)

STAMFORD

06902

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

SAC Capital Advisors Inc

(Last)

(First)

(Middle)

72 CUMMINGS POINT ROAD

(Street)

STAMFORD

06902

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

SAC CAPITAL ADVISORS LLC

(Last)

(First)

(Middle)

72 CUMMINGS POINT ROAD

(Street)

STAMFORD

06902

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

COHEN STEVEN A/SAC CAPITAL MGMT LP

(Last)

(First)

(Middle)

C/O SAC CAPITAL ADVISORS L.P.

72 CUMMINGS POINT ROAD

(Street)

STAMFORD

06902

(City)

(State)

(Zip)

Explanation of Responses:

(1) Securities directly beneficially owned by S.A.C. MultiQuant Fund, LLC ("SAC MultiQuant").

(2) Securities directly beneficially owned by S.A.C. PEI CB Investment, L.P. ("SAC CBI").

(3) Securities directly beneficially owned by S.A.C. PEI CB Investment II, LLC ("SAC CBI II").

(4) Securities directly beneficially owned by International Equities (S.A.C. Asia) Limited ("SAC Asia").

(5) 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.

(6) (Continued from footnote 5) 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.

(7) Messrs. Peter Berger, Frank Baker and Jeffrey Hendren were directors of the issuer, are former employees of SAC PCG and continued to oversee the Reporting Persons' investment in the issuer.

(8) Because no more than 10 reporting persons can submit any one Form 4 through the Securities and Exchange Commission's EDGAR system, SAC Management LLC, SAC CBI, SAC CBI II, SAC CBI GP, SAC PEI and SAC PEI GP have submitted a separate Form 4. Although submitted separately, the two submissions are intended to be a single filing.

(9) On August 20, 2012, an equity swap transaction that was entered into between SAC MultiQuant and a securities broker on January 27, 2012 was settled. SAC MultiQuant paid the broker $1,400, representing $14.00 per share with respect to each of the 100 shares of the issuer's common stock referenced in the transaction, which amount was offset by $1,093 owed by the broker to SAC MultiQuant, representing $10.93 per share with respect to each of the 100 shares of the issuer's common stock referenced in the transaction. The settlement of the equity swap and the reported sale of common stock in connection therewith are deemed exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16-6(b) thereunder.

Remarks:

In accordance with Instruction 5(b)(iv), the entire amount of the issuer's securities held by SAC CBI, SAC CBI II, SAC Asia and SAC MultiQuant is reported herein. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, if any, and this report shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any such securities for purposes of Section 16 of the Securities Exchange Act of 1934, or for any other purposes. Any disclosures made by a Reporting Person herein with respect to persons or entities other than such Reporting Person are made on information and belief after making inquiry to the appropriate party. Each of the Reporting Persons is responsible for the completeness and accuracy of the information concerning him or it contained herein, but is not 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 accurate.

	By: /s/ Peter Nussbaum, on behalf of S.A.C. Capital Advisors, L.P.	8/21/12
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

____________ Transaction Codes:
J	Other acquisition or disposition.
S	Open market or private sale of non-derivative or derivative security.
X	Exercise of in-the-money or at-the-money derivative security.
K	An equity swap was involved.

Cohen Steven A/Sac Capital Mgmt LP, et al. – ‘4’ for 8/17/12 re: MModal Inc.

On: Tuesday, 8/21/12, at 8:15pm ET · For: 8/17/12 · As: Director and 10% Owner · Accession #: 1140361-12-38079 · File #: 1-35069

Previous ‘4’: ‘4’ on 2/17/12 for 1/26/12 · Next: ‘4’ on 3/7/17 for 2/24/17 · Latest: ‘4’ on 2/14/23 for 2/13/23

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

‘4’ — Statement of Changes in Beneficial Ownership of Securities by an Insider — doc1.xml/3.6

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Cohen Steven A/Sac Capital Mgmt LP, et al. – ‘4’ for 8/17/12 re: MModal Inc.

On: Tuesday, 8/21/12, at 8:15pm ET · For: 8/17/12 · As: Director and 10% Owner · Accession #: 1140361-12-38079 · File #: 1-35069

Previous ‘4’: ‘4’ on 2/17/12 for 1/26/12 · Next: ‘4’ on 3/7/17 for 2/24/17 · Latest: ‘4’ on 2/14/23 for 2/13/23

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

‘4’ — Statement of Changes in Beneficial Ownership of Securities by an Insider — doc1.xml/3.6

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents