UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _____)*
SPACEHAB, Incorporated
______________________________________________________
(Name of Issuer)
Common Stock
______________________________________________________
(Title of Class of Securities)
846243103
____________________________________
(CUSIP Number)
December 31, 2001
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(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 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 ("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).
CUSIP No. 846243103 13G Page 2 of 12
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(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Special Situations Fund III, L.P. ("The Fund") F13-3737427
MGP Advisers Limited Partnership* ("MGP") F13-3263120
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions)
(a) | |
(b) |X|
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF (5) SOLE VOTING POWER See Marxe/Greenhouse
SHARES ------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER None
OWNED BY -------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER See Marxe/Greenhouse
REPORTING -------------------------------------------------
PERSON WITH: (8) SHARED DISPOSITIVE POWER None
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(9) AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORTING PERSON
700,000
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(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions)
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.9
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(12) TYPE OF REPORTING PERSON (See Instructions)
IV/IA
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* AWM Investment Company, Inc., a Delaware corporation is the General
Partner of this entity.
CUSIP No. 846243103 13G Page 3 of 12
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(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Special Situations Technology Fund, L.P. F13-3937585
("SST")
SST Advisers L.L.C. ("SSTA") F13-3937583
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions)
(a) | |
(b) |X|
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF (5) SOLE VOTING POWER See Marxe/Greenhouse
SHARES ------------------------------------------------
-BENEFICIALLY (6) SHARED VOTING POWER None
OWNED BY -------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER See Marxe/Greenhouse
REPORTING -------------------------------------------------
PERSON WITH: (8) SHARED DISPOSITIVE POWER None
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(9) AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORTING PERSON
200,000
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(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions)
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.7
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(12) TYPE OF REPORTING PERSON (See Instructions)
IV/IA
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CUSIP No. 846243103 13G Page 4 of 12
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(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Special Situations Cayman Fund, L.P. ("CAY") 98-0132442
AWM Investment Company, Inc. ("AWM") 11-3086452
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions)
(a) | |
(b) |X|
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands, Delaware
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NUMBER OF (5) SOLE VOTING POWER See Marxe/Greenhouse
SHARES -------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER None
OWNED BY -------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER See Marxe/Greenhouse
REPORTING -------------------------------------------------
PERSON WITH: (8) SHARED DISPOSITIVE POWER None
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(9) AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORTING PERSON
200,000
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions)
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.7
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(12) TYPE OF REPORTING PERSON*
IV/IA
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CUSIP No. 846243103 13G Page 5 of 12 Pages
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(1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY).
Austin W. Marxe
David M. Greenhouse
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions)
(a) | |
(b) |X|
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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NUMBER OF (5) SOLE VOTING POWER 1,100,000
SHARES -------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER None
OWNED BY -------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER 1,100,000
REPORTING -------------------------------------------------
PERSON WITH: (8) SHARED DISPOSITIVE POWER None
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(9) AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORTING PERSON
1,100,000
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions)
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.3
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(12) TYPE OF REPORTING PERSON*
IN
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Page 6 of 12 Pages
Item 1.
(a) Name of Issuer: SPACEHAB, Incorporated
(b) Address of Issuer's Principal Executive Offices:
1595 Spring Hill Road, Suite 360, Vienna, VA 22182
Item 2.
(a) Name of Person Filing: This statement is filed on behalf of (i)
Special Situations Fund III, L.P., a Delaware limited partnership
("SSF III"); (ii) Special Situations Technology Fund, L.P., a Delaware
limited partnership ("SST") (iii) Special Situations Cayman Fund,
L.P., a Cayman Islands limited partnership (the "Cayman Fund"); (iv)
MGP Advisers Limited Partnership, a Delaware limited partnership,
("MGP"); (v) SST Advisers L.L.C., a Delaware limited liability company
("SSTA"); (vi) AWM Investment Company, Inc., a Delaware corporation
("AWM"); (vii)) Austin W. Marxe and (viii) David Greenhouse. Each of
the foregoing is hereinafter individually referred to as a "Reporting
Person" and collectively as the "Reporting Persons."
(b) Address of Principal Business Office or, if none, Residence:
The principal office and business address of the Reporting Persons,
other than the Cayman Fund, is 153 East 53 Street, New York, New York
10022. The principal office and business address of the Cayman Fund
is c/o CIBC Bank and Trust Company (Cayman) Limited, CIBC Bank
Building, P.O. Box 694, Grand Cayman, Cayman Islands, British West
Indies.
(c) Citizenship: SSF III, SST, and MGP are Delaware limited
Page 7 of 12 Pages
partnerships. SSTA is a Delaware limited liability company and AWM
is a Delaware corporation. The Cayman Fund was formed under the laws
of the Cayman Island. Austin W. Marxe and David M. Greenhouse are
United States citizens. The principal business of SSF III, SST, and
the Cayman Fund (individually, a "Fund" and, collectively, the
"Funds") is to invest in, sell, convey, transfer, exchange and
otherwise trade in principally equity and equity related securities.
The principal business of MGP is to act as general partner of and
investment adviser to SSF III. The principal business of SSTA is to
act as the general partner of and the investment adviser to SST. The
principal business of AWM is to act as general partner of MGP and
general partner of and investment adviser to the Cayman Fund. MGP,
SSTA, and AWM are referred to herein, individually, as an "Adviser"
and, collectively, as the "Advisers." The principal occupation of
Austin W. Marxe and David Greenhouse is to serve as officers,
directors and members or principal shareholders of the Advisers.
2(d) Title of Class of Securities: See cover sheets.
(e) CUSIP Number: See cover sheets.
Item 3. If this statement is filed pursuant to $240.13d-1(b) or
240.13d-2(b), check whether the person filing is a:
(a) ( ) Broker or Dealer registered under section 15 of the Act;
(b) ( ) Bank as defined in section 3(a) (6) of the Act;
(c) ( ) Insurance Company as defined in section 3(a) (19) of the
Act;
Page 8 of 12 Pages
(d) (x) Investment Company registered under section 8 of the
Investment Company Act of 1940;
(e) (x) An Investment Adviser in accordance with $240.13d
-1(b)(I)(ii)(E);
(f) ( ) An employee benefit plan or endowment fund in accordance
with $240.13d-1(b)(I)(ii)(F);
(g) (x) A parent holding company or control person in accordance
with $240.13d-1(b)(1)(ii)(G);
(h) ( ) A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) ( ) A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940;
(j) ( ) Group, in accordance with $240.13d-1(b)(1)(ii)(J).
See Exhibit A attached hereto.
Item 4. Ownership:
(a) Amount Beneficially Owned: Austin Marxe and David Greenhouse
beneficially own 1,100,000 shares; of which 700,000 are owned by SSF
III, and 200,000 are owned by each SST and CAY.
(b) Percent of Class: Austin Marxe and David Greenhouse beneficially
own 9.3 percent of the shares; of which 5.9 percent are owned by SSF
III and 1.7 percent are owned by each SST and CAY.
(c) Number of Shares as to which the person has Rights to
Vote and/or Dispose of Securities: SSF III, SST, CAY, MGP, SSTA, and
AWM have sole power to vote or to direct the vote and to dispose or to
direct the disposition of all securities reported hereby which are
Page 9 of 12 Pages
respectively beneficially owned by each Fund and its Adviser. Austin
Marxe and David Greenhouse have shared power to vote or to direct the
vote of and to dispose or to direct the disposition of securities
reported hereby which are beneficially owned by Austin Marxe and David
Greenhouse by virtue of being Executive Officers of the Investment
Advisers.
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
that five percent of the class of securities, check the following X.
Item 6.Ownership of More than Five Percent on Behalf of Another
Person: SSF III, SST, and CAY, as owners of the securities in
question, have the right to receive any dividends from, or proceeds
from the sale of, such securities.
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security being Reported on By the Parent Holding
Company: See Exhibit A attached hereto.
Item 8. Identification and Classification of Members of the
Group: Not applicable
Item 9. Notices of Dissolution of Group: Not applicable.
Page 10 of 12 Pages
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
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.
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.
Dated: February 11, 2002
SPECIAL SITUATIONS FUND III, L.P.
By:/s/ Austin W. Marxe
Austin W. Marxe
Managing Director
MGP ADVISERS LIMITED PARTERSHIP
By:/s/ Austin W. Marxe
Austin W. Marxe
President and Chief Executive Officer
Page 11 of 12 Pages
SPECIAL SITUATIONS TECHNOLOGY FUND, L.P.
By:/s/ Austin W. Marxe
Austin W. Marxe
President and Chief Executive Officer
SST ADVISERS, L.L.C.
By:/s/ Austin W. Marxe
Austin W. Marxe
President and Chief Executive Officer
SPECIAL SITUATIONS CAYMAN FUND, L.P.
By: /s/ Austin W. Marxe
Austin W. Marxe
Managing Director
AWM INVESTMENT COMPANY, INC.
By: /s/ Austin W. Marxe
Austin W. Marxe
President and CEO
/s/ Austin W. Marxe
AUSTIN W. MARXE
/s/David M Greenhouse
DAVID M. GREENHOUSE
Page 12 of 12 Pages
EXHIBIT A
This Exhibit explains the relationship between the Reporting
Persons. MGP Advisers Limited Partnership (MGP), a Delaware limited
partnership, is the general partner of the Special Situations Fund
III, L.P., a Delaware Limited Partnership. AWM Investment Company,
Inc., a Delaware corporation, is the general partner of MGP and the
general partner of and investment adviser to the Cayman Fund. SST
Advisers, L.L.C., a Delaware limited liability company, is the general
partner of and investment adviser to the Special Situations Technology
Fund, L.P.. Austin W. Marxe and David M. Greenhouse are the
principal owners of MGP, SSTA, and AWM and are principally responsible
for the selection, acquisition and disposition of the portfolios
securities by the investment advisers on behalf of their Fund.