<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>sch13d-a.txt
<DESCRIPTION>SC 13D/A
<TEXT>
<PAGE>
CUSIP No. 45031W 10 7 Page 1 of 11
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
AMENDMENT NUMBER 4
UNDER THE SECURITIES EXCHANGE ACT OF 1934
I-Sector Corporation
------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
------------------------------------------------------------------------------
(Title of Class of Securities)
45031W 10 7
----------------------------------------
(CUSIP Number)
PEAK6 Capital Management, LLC
209 S. LaSalle Street, Suite 200
Chicago, Illinois 60604
------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
September 25, 2003
------------------------------------------------------------
(Date of Event which Requires Filing of this Statement
If the filing person has previously filed a statement on Schedule 13G to report
the acquisitions which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box / /.
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*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
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).
<PAGE>
CUSIP No. 45031W 10 7 Page 2 of 11
SCHEDULE 13D
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jennifer J. Just
================================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [_]
================================================================================
3 SEC USE ONLY
================================================================================
4 SOURCE OF FUNDS*
WC
================================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) [_]
================================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
================================================================================
7 SOLE VOTING POWER
NUMBER OF
SHARES =================================================================
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 258,500 shares
=================================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON =================================================================
10 SHARED DISPOSITIVE POWER
WITH
258,500 shares
================================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
258,500 shares
================================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
================================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.1%
================================================================================
14 TYPE OF REPORTING PERSON
IN
<PAGE>
CUSIP No. 45031W 10 7 Page 3 of 11
SCHEDULE 13D
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Matthew N. Hulsizer
================================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [_]
================================================================================
3 SEC USE ONLY
================================================================================
4 SOURCE OF FUNDS*
WC
================================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) [_]
================================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
================================================================================
7 SOLE VOTING POWER
NUMBER OF
SHARES =================================================================
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 258,500 shares
=================================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON =================================================================
10 SHARED DISPOSITIVE POWER
WITH
258,500 shares
================================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
258,500 shares
================================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
================================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.1%
================================================================================
14 TYPE OF REPORTING PERSON
IN
<PAGE>
CUSIP No. 45031W 10 7 Page 4 of 11
SCHEDULE 13D
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
PEAK6 Capital Management, LLC
================================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [_]
================================================================================
3 SEC USE ONLY
================================================================================
4 SOURCE OF FUNDS*
WC
================================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) [_]
================================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
================================================================================
7 SOLE VOTING POWER
NUMBER OF
258,500 shares
SHARES =================================================================
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
=================================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
258,500 shares
PERSON =================================================================
10 SHARED DISPOSITIVE POWER
WITH
================================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
258,500 shares
================================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
================================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.1%
================================================================================
14 TYPE OF REPORTING PERSON
BD
<PAGE>
CUSIP No. 45031W 10 7 Page 5 of 11
SCHEDULE 13D
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
PEAK6 Investments, L.P.
================================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [_]
================================================================================
3 SEC USE ONLY
================================================================================
4 SOURCE OF FUNDS*
WC
================================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) [_]
================================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
================================================================================
7 SOLE VOTING POWER
NUMBER OF
SHARES =================================================================
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 258,500 shares
=================================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON =================================================================
10 SHARED DISPOSITIVE POWER
WITH
258,500 shares
================================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
258,500 shares
================================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
================================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.1%
================================================================================
14 TYPE OF REPORTING PERSON
PN
<PAGE>
CUSIP No. 45031W 10 7 Page 6 of 11
SCHEDULE 13D
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
PEAKS6, LLC
================================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [_]
================================================================================
3 SEC USE ONLY
================================================================================
4 SOURCE OF FUNDS*
WC
================================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) [_]
================================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
================================================================================
7 SOLE VOTING POWER
NUMBER OF
SHARES =================================================================
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 258,500 shares
=================================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON =================================================================
10 SHARED DISPOSITIVE POWER
WITH
258,500 shares
================================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
258,500 shares
================================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
================================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.1%
================================================================================
14 TYPE OF REPORTING PERSON
OO
<PAGE>
CUSIP No. 45031W 10 7 Page 7 of 11
SCHEDULE 13-D/A
Amendment Number 4
I Sector Corporation
Filed by PEAK6 Capital Management, LLC ("PEAK6"),
PEAK6 Investments, L.P. ("LP"), PEAK6, LLC ("LLC"),
Jennifer J. Just ("Just"), and Matthew N. Hulsizer ("Hulsizer")
Items 3-5 Inclusive for PEAK6:
Item 3. Source and Amount of Funds or Other Considerations:
All acquisitions of the common stock of the Issuer were
acquired by PEAK6 using working capital funds.
Item 4. Purpose of Transaction:
Investment purposes. PEAK6 does have an intent to acquire
additional securities of the Issuer if such additional
securities become available at a price PEAK6 considers
reasonable.
Item 5. Interest in Securities of the Issuer.
(a) PEAK6 owns 258,500 shares of Issuer directly, which is
7.1% of the outstanding common stock of Issuer.
(b) PEAK6 has sole voting power and sole dispositive power
with respect to such 258,500 shares of common stock of
Issuer.
(c) In the past sixty days, PEAK6 has made the following open
market transactions in the Issuer's stock, all effectuated
in their own account located in Chicago, Illinois:
Sales
DATE - 2003 # OF SHARES SHARE PRICE
----------- ----------- -----------
September 17 2,200 $2.99
September 17 100 $2.99
September 17 100 $2.99
September 17 400 $2.99
September 17 100 $2.99
September 23 24,300 $3.1976
September 24 50,000 $3.6146
September 25 500 $4.2
September 25 500 $4.2
September 25 500 $4.2
September 25 500 $4.2
September 25 300 $4.2
September 25 6,000 $4.4
September 25 1,000 $4.25
September 25 1,000 $4.25
September 25 1,000 $4.25
September 25 700 $4.33
September 25 200 $4.33
<PAGE>
CUSIP No. 45031W 10 7 Page 8 of 11
Items 3-5 Inclusive for the LP.
Item 3. Source and Amount of Funds or Other Considerations.
The LP indirectly owns the 258,500 shares of Issuer owned by
PEAK6 by virtue of directly owning 100.00% of the membership
interests of PEAK6 and being the managing member of PEAK6. See
PEAK6's response to Item 3 herein.
Item 4. Purpose of Transaction.
The LP acquired its shares of common stock of Issuer for the
same purposes as PEAK6. See PEAK6's response to Item 4 herein.
Item 5. Interest in Securities of the Issuer.
(a) By virtue of owning 100.00% of the outstanding
membership interests of PEAK6, the LP beneficially
owns the 258,500 shares of common stock of Issuer
owned by PEAK6, which is 7.1% of the outstanding
shares of Issuer.
(b) By virtue of owning 100.00% of the outstanding
membership interests of PEAK6, the LP has shared
voting power and shared dispositive power with
respect to the 258,500 shares of common stock of
Issuer owned by PEAK6.
(c) See PEAK6's response to Item 5(c) herein.
Items 3-5 Inclusive for the LLC.
Item 3. Source and Amount of Funds or Other Considerations.
The LLC indirectly owns the 258,500 shares of Issuer owned by
PEAK6 by virtue of directly owning 82% of the LP and being the
general partner of the LP. See PEAK6's response to Item 3
herein.
Item 4. Purpose of Transaction.
The LLC acquired its shares of common stock of Issuer for the
same purposes as PEAK6. See PEAK6's response to Item 4 herein.
Item 5. Interest in Securities of the Issuer.
(a) By virtue of owning 82% of the LP, and all votes of
the LP, the LLC beneficially controls the 258,500
shares of common stock of Issuer owned by PEAK6,
which is 7.1% of the outstanding shares of Issuer.
(b) By virtue of owning 82% of the LP, the LLC has shared
voting power and shared dispositive power with
respect to the 258,500 shares of common stock of
Issuer owned by PEAK6.
(c) See PEAK6's response to Item 5(c) herein.
<PAGE>
CUSIP No. 45031W 10 7 Page 9 of 11
Items 3-5 Inclusive for Just.
Item 3. Source and Amount of Other Considerations.
Just is a managing member of the LLC. See PEAK6's and LP's
responses to Item 3 herein.
Item 4. Purpose of Transaction.
Just acquired her shares of common stock of Issuer for the
same purposes as PEAK6. See response of PEAK6 to Item 4
herein.
Item 5. Interest in Securities of the Issuer.
(a) By virtue of being a managing member of LLC, Just
beneficially controls the 258,500 shares of common
stock of Issuer owned by PEAK6. The LLC is the
general partner of the LP, which owns 100.00% of the
membership interests of PEAK6.
(b) By virtue of being a managing member of the LLC, Just
has shared voting power and shared dispositive power
with respect to the 258,500 shares of common stock of
Issuer owned by PEAK6.
Items 3-5 Inclusive for Hulsizer.
Item 3. Sources and Amount of Funds or Other Consideration.
Hulsizer is a managing member of the LLC. See
responses of PEAK6 to Item 3 herein.
Item 4. Purpose of the Transaction.
Hulsizer acquired the shares of common stock of Issuer for the
same purposes as PEAK6. See response of PEAK6 to Item 4
herein.
Item 5. Interest in Securities of the Issuer.
(a) By virtue of being a managing member of the LLC,
Hulsizer beneficially controls the 258,500 shares of
common stock of Issuer owned by PEAK6. The LLC is the
general partner of the LP, which owns 100.00% of
PEAK6.
(b) By virtue of being a managing member of the LLC,
Hulsizer has shared voting power and shared
dispositive power with respect to the 258,500 shares
of common stock of Issuer owned by PEAK6.
(c) See PEAK6's response to Item 5(c) herein.
A joint filing statement is filed as an exhibit to this Schedule 13D/A.
<PAGE>
CUSIP No. 45031W 10 7 Page 10 of 11
Signatures.
After reasonable inquiry and to the best of our knowledge and belief,
and undersigned certify that the information set forth in this statement is
true.
October 9, 2003
PEAK6 CAPITAL MANAGEMENT, LLC
By: PEAK6 Investments, L.P.,
its managing member
By: PEAK6, LLC, its general partner
By: /s/ Jennifer J. Just
--------------------------
Jennifer J. Just
Managing Member
By: /s/ Matthew N. Hulsizer
--------------------------
Matthew N. Hulsizer
Managing Member
PEAK6 INVESTMENTS, L.P.
By: PEAK6, LLC, its general partner
By: /s/ Jennifer J. Just
--------------------------
Jennifer J. Just
Managing Member
By: /s/ Matthew N. Hulsizer
--------------------------
Matthew N. Hulsizer
Managing Member
PEAK6, LLC
By: /s/ Jennifer J. Just
--------------------------
Jennifer J. Just
Managing Member
By: /s/ Matthew N. Hulsizer
--------------------------
Matthew N. Hulsizer
Managing Member
/s/ Jennifer J. Just
-------------------------------
Jennifer J. Just
/s/ Matthew N. Hulsizer
-------------------------------
Matthew N. Hulsizer
<PAGE>
CUSIP No. 45031W 10 7 Page 11 of 11
EXHIBIT TO SCHEDULE 13D/A
AMENDMENT NUMBER 4
OF
JENNIFER J. JUST, MATTHEW N. HULSIZER
PEAK6, LLC, PEAK6 CAPITAL MANAGEMENT, LLC
AND PEAK6 INVESTMENTS, L.P.
JOINT FILING AGREEMENT
PEAK6 Capital Management, LLC ("PEAK6"), PEAK6 Investments, L.P.
("LP"), PEAK6, LLC ("LLC"), Jennifer J. Just ("Just"), and Matthew N. Hulsizer
("Hulsizer") hereby agree that the Schedule 13D (as amended to date) to which
this statement is attached is filed on behalf of PEAK6, the LP, the LLC, Just,
and Hulsizer, and that any amendments to this Schedule 13D may be filed on
behalf of PEAK6, the LP, the LLC, Just and Hulsizer.
PEAK6 CAPITAL MANAGEMENT, LLC
By: PEAK6 INVESTMENTS, L.P.,
its managing member
By: PEAK6, LLC, its general partner
By: /s/ Jennifer J. Just
-------------------------
Jennifer J. Just
Managing Member
By: /s/ Matthew N. Hulsizer
-------------------------
Matthew N. Hulsizer
Managing Member
PEAK6 INVESTMENTS, L.P.
By: PEAK6, LLC, its general partner
By: /s/ Jennifer J. Just
-------------------------
Jennifer J. Just
Managing Member
By: /s/ Matthew N. Hulsizer
-------------------------
Matthew N. Hulsizer
Managing Member
PEAK6, LLC
By: /s/ Jennifer J. Just
-------------------------
Jennifer J. Just
Managing Member
By: /s/ Matthew N. Hulsizer
-------------------------
Matthew N. Hulsizer
Managing Member
/s/ Jennifer J. Just
------------------------------
Jennifer J. Just
/s/ Matthew N. Hulsizer
------------------------------
Matthew N. Hulsizer
</TEXT>
</DOCUMENT>