SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. )
Concerto Software, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
20602t106
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(CUSIP Number)
Michael Wright, Bear, Stearns & Co. Inc.
115 South Jefferson Road, Whippany, NJ 07981
(973) 793-2214
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 28, 2004
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(Date of Event which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [_].
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7(b)
for other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of Pages)
----------
(1) 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 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).
(SC13D-07/98)
CUSIP No. 20602t106 13D Page of Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
The Bear Stearns Companies Inc.**
IRS # 13-3286161
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
WC, OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
0
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 565,314
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
565,314
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
565,314
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.04%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
HC
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Bear, Stearns & Co. Inc.**
IRS # 13-3299429
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
WC, OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
0
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 565,314
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
565,314
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
565,314
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.04%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
BD
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 20602t106 13D Page of Pages
________________________________________________________________________________
Item 1. Security and Issuer.
Common Stock Concerto Software, Inc.
6 Technology Park Drive
Westford, MA 01886
________________________________________________________________________________
Item 2. Identity and Background.
(a)Name: Bear, Stearns & Co. Inc. ("Bear Stearns")
(b)Place of Organization: Delaware
(c)(i)Principal Business: Securities Broker/Dealer
(ii) Address: 383 Madison Avenue
New York, NY 10179
(d)None
(e)Any such proceedings are reported and summarized in Bear Stearn's
Form BD filed with the Securities and Exchange Commission, which
descriptions are hereby incorporated by reference.
(f)See Appendix I
________________________________________________________________________________
Item 3. Source and Amount of Funds or Other Consideration.
Working Capital; The aggregate purchase price of the 565,314 shares
of Common Stock was approximately $6,789,421,14.
________________________________________________________________________________
Item 4. Purpose of Transaction.
Bear Stearns has acquired the Common Stock of Concerto Software, Inc. in the
ordinary course of its business as a broker/dealer in connection with its
trading and investment activities. Bear, Stearns may acquire additional
securities of the Issuer or dispose of securities of the Issuer in connection
with such trading and investment activities. Although the foregoing represents
the range of activities presently contemplated by Bear, Stearns with
respect to the Issuer, it should be noted that the possible activities of Bear,
Stearns are subject to change at any time.
Except as set forth above, Bear, Stearns has no present plans or intentions
which relate to or would result in any of the actions described in
subparagraph (a) through (j) of item 4 of Schedule 13D.
________________________________________________________________________________
Item 5. Interest in Securities of the Issuer as of 01/28/2004.
(a)Number: 565,314
Percentage: 5.04%
(b)1.Sole power to vote or to direct the vote: 0
2.Shared power to vote or to direct the vote: 565,314
3.Sole power to dispose or to direct the disposition: 0
4.Shared power to dispose or to direct the disposition: 565,314
(c)Information concerning transactions in the common stock effected by
Bear, Stearns is set forth on Appendix II hereto.
(d)Inapplicable.
(e)Inapplicable.
________________________________________________________________________________
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
None
________________________________________________________________________________
Item 7. Material to be Filed as Exhibits.
None
________________________________________________________________________________
**Bear, Stearns & Co. is a subsidiary of The Bear, Stearns Companies Inc.
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.
February 6, 2004
----------------------------------------
(Date)
/S/
----------------------------------------
(Signature)
Steve Kraemer/Senior Managing Director
----------------------------------------
(Name/Title)
APPENDIX I
DIRECTORS AND EXECUTIVE OFFICERS OF BEAR, STEARNS & CO. INC.
Name Principal Occupation or Employment
James E. Cayne Chairman of the Board, Chief Executive Officer and
Director
Alan D. Schwartz President, Co-Chief Operating Officer and Director
Warren J. Spector President, Co-Chief Operating Officer and Director
Alan C. Greenberg Chairman of the Executive Committee
Kenneth L. Edlow Secretary
Michael Minikes Treasurer and Director
Mark E. Lehman Executive Vice President
Samuel L. Molinaro Jr. Chief Financial Officer/Senior Vice President-Finance
and Director
E. John Rosenwald Jr. Vice-Chairman of the Board and Director
Michael L. Tarnopol Vice-Chairman of the Board and Director
Steven L. Begleiter Director
Kathryn R. Booth Director
Denis A. Bovin Director
Peter D. Cherasia Director
Ralph R. Cioffi Director
Barry J. Cohen Director
Wendy L. de Monchaux Director
Bruce E. Geismar Director
Daniel L. Keating Director
David A. Liebowitz Director
Richard R. Lindsey Director
Bruce M. Lisman Director
Roland N. Livney Director
Jeffrey Mayer Director
Steven D. Meyer Director
Fares D. Noujaim Director
Craig M. Overlander Director
Aldo Parcesepe Director
Stephen E. Raphael Director
Robert M. Steinberg Director
Donald W. Tang Director
Michael J. Urfirer Director
Jeffrey H. Urwin Director
Eli Wachtel Director
All Directors and Executive Officers are citizens of the United States
and their business address is 383 Madison Avenue, New York, New York 10179.
Bear, Stearns & Co. Inc. is a wholly-owned subsidiary of the Bear, Stearns
Companies Inc.
APPENDIX II
Concerto Software, Inc.
Trading from 11/30/2003 through 01/28/2004
(Various Firm's Accounts)
***** 01/28 *****
5,838 CONCERTO SOFTWARE INC 12.0721 70,476.92
1,926 CONCERTO SOFTWARE INC 12.0721 23,250.86
3,036 CONCERTO SOFTWARE INC 12.0721 36,650.90
***** 01/27 *****
9,438 CONCERTO SOFTWARE INC 12.0526 113,752.44
3,115 CONCERTO SOFTWARE INC 12.0526 37,543.85
6,646 CONCERTO SOFTWARE INC 12.0526 80,101.58
***** 01/06 *****
42,268 CONCERTO SOFTWARE INC 12.0040 507,385.07
13,944 CONCERTO SOFTWARE INC 12.0040 167,383.78
21,753 CONCERTO SOFTWARE INC 12.0040 261,123.01
***** 12/24 *****
5,000 CONCERTO SOFTWARE INC 11.9960 59,980.00
1,600 CONCERTO SOFTWARE INC 11.9960 19,193.60
2,500 CONCERTO SOFTWARE INC 11.9960 29,990.00
***** 12/23 *****
3,930 CONCERTO SOFTWARE INC 11.9695 47,040.14
1,297 CONCERTO SOFTWARE INC 11.9695 15,524.44
2,020 CONCERTO SOFTWARE INC 11.9695 24,178.39
***** 12/22 *****
28,321 CONCERTO SOFTWARE INC 12.0141 340,251.33
9,400 CONCERTO SOFTWARE INC 12.0141 112,932.54
14,600 CONCERTO SOFTWARE INC 12.0141 175,405.86
4- CONCERTO SOFTWARE INC 12.0200 48.07-
***** 12/19 *****
9,599 CONCERTO SOFTWARE INC 12.0147 115,329.11
3,167 CONCERTO SOFTWARE INC 12.0147 38,050.55
4,934 CONCERTO SOFTWARE INC 12.0147 59,280.53
***** 12/18 *****
11,085 CONCERTO SOFTWARE INC 12.0158 133,195.14
3,640 CONCERTO SOFTWARE INC 12.0158 43,737.51
6,575 CONCERTO SOFTWARE INC 12.0158 79,003.89
***** 12/12 *****
1 CONCERTO SOFTWARE INC 12.0300 12.03
***** 12/08 *****
32,429- CONCERTO SOFTWARE INC 12 389,148.00-
10,702- CONCERTO SOFTWARE INC 12 128,417.98-
16,669- CONCERTO SOFTWARE INC 12 200,018.63-
***** 12/05 *****
67- CONCERTO SOFTWARE INC 11.9300 799.27-
***** 12/03 *****
4,905 CONCERTO SOFTWARE INC 11.9300 58,516.65
1,600 CONCERTO SOFTWARE INC 11.9300 19,088.00
2,500 CONCERTO SOFTWARE INC 11.9300 29,825.00
Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).