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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

 

 

Form 4

OMB APPROVAL

OMB Number: 3235-0287

Expires: December 31, 2001

Estimated average burden

hours per response 0.5

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

 

 

(Print or Type Responses)

 

 

1 .Name and Address of Reporting Person*

Willow Creek Capital Management

2. Issuer Name and Ticker or Trading Symbol

Invivo Corporation (SAFE)

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

______Director __XX__10% Owner

______Officer (give ______Other (specify title below) below)

____________________________

(Last) (First) (Middle)

17 East Sir Francis Drake Blvd., Suite 100

3. IRS Identification Number of Reporting Person, if an entity
(voluntary)

4. Statement for
Month/Year
January 2002

(Street)

Larkspur, California 94939

5. If Amendment,
Date of Original
(Month/Year)

7. Individual or Joint/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
XX Form filed by More than One Reporting Person
See Note 1

(City) (State) (Zip)

Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
(Instr. 4)

2. Trans-
action
Date


(Month/
Day/
Year)

3. Trans-
Action
Code
(Instr. 8)

 

 

4. Securities Acquired (A)
or Disposed of (D)
(Instr. 3, 4 AND 5)

5. Amount of
Securities
Beneficially
Owned at
End of Month

(Instr. 3 and 4)

6. Owner-
ship
Form:
Direct
(D) or
Indirect
(I)

(Instr. 4)

7. Nature of Indirect Beneficial Ownership



(Instr. 4)

Code

V

Amount

(A) or

(D)

Price

Common Stock

01/02/02

P

24

A

13.24

21,693

I

See Note 2

Common Stock

01/03/02

P

47

A

13.20

21,693

I

See Note 2

Common Stock

01/04/02

P

139

A

13.08

21,693

I

See Note 2

Common Stock

01/07/02

P

51

A

12.81

21,693

I

See Note 2

Common Stock

01/11/02

P

78

A

12.75

21,693

I

See Note 2

Common Stock

01/14/02

P

147

A

12.97

21,693

I

See Note 2

Common Stock

01/15/02

P

78

A

13.17

21,693

I

See Note 2

Common Stock

01/17/02

P

70

A

12.75

21,693

I

See Note 2

Common Stock

01/22/02

P

78

A

13.09

21,693

I

See Note 2

Common Stock

01/23/02

P

39

A

13.05

21,693

I

See Note 2

Common Stock

01/24/02

P

139

A

13.06

21,693

I

See Note 2

Common Stock

01/25/02

P

176

A

13.30

21,693

I

See Note 2

Common Stock

01/28/02

P

76

A

13.18

21,693

I

See Note 2

Common Stock

01/30/02

P

39

A

12.80

21,693

I

See Note 2

Common Stock

01/31/02

P

192

A

12.78

21,693

I

See Note 2

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).

Persons who respond to the collection of information contained (Over)
in this form are not required to respond unless the form displays SEC 1474 (3-00)

a currently valid OMB control number.

 

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of
Derivative Security
(Instr. 4)

2. Conver-
sion or
Exercise
Price of
Deri-
vative
Security

3. Trans-
action
Date


(Month/
Day/
Year)

4. Trans-
action
Code
(Instr. 8)

 

 

 

 

 

 

5. Number of Deriv-
ative Securities Ac-
quired (A) or Dis-
posed of (D)
(Instr. 3, 4, and 5)

6. Date Exer-
cisable and
Expiration
Date
(Month/Day/
Year).

7. Title and Amount of Securities
Underlying
Derivative Security
(Inst. 4)

8. Price
of
Deriv-
ative
Secur-
ity
(Instr.
5)

9. Number
of deriv-
ative
Secur-
ities
Bene-
ficially
Owned
at End
of
Month
(Instr. 4)

10. Owner-
ship
Form of
Deriv-
ative
Security:
Direct
(D) or
Indirect
(I)
(Instr. 4)

11. Nature of Indirect
Beneficial Ownership
(Instr. 5)

 

Code

 

V

 

(A)

 

(D)

Date
Exer-
cisable

Expira-
tion
Date

Title

Amount or
Number of
Shares

1. The reporting persons are Willow Creek Capital Management ("WCCM"), WC Capital Management, LLC ("WC LLC") and Aaron H. Braun. WCCM is a registered investment adviser and the manager of WC LLC. WC LLC is the general partner of investment limited partnerships.

2. These securities are owned directly by investment advisory accounts of WCCM and investment limited partnerships of which WC LLC is the general partner. The securities are indirectly beneficially owned by WCCM, and by Mr. Braun as the controlling owner of WCCM. The reporting persons disclaim membership in a group with any persons not reporting hereon within the meaning of Rule 13d-5(b)(i) and Rule 16a-1(a)(1) under the Securities Exchange Act of 1934, as amended.

Dated: March 12, 2002

Willow Creek Capital Management

 

By:

Aaron H. Braun

President

WC Capital Management, LLC

By: Willow Creek Capital Management,
Manager

 

By:

Aaron H. Braun

President

Aaron H. Braun

 

 

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff

Joint Filer Information

Name: WC Capital Management, LLC

Address: 17 East Sir Francis Blvd., Suite 100, Larkspur, CA 94939

Designated Filer: Willow Creek Capital Management

Issuer and Ticker Symbol: Invivo Corporation (SAFE)

Statement for Month/Year: January 2002

WC Capital Management, LLC

By: Willow Creek Capital Management, Manager

By:

Aaron H. Braun

President

Name: Aaron H. Braun

Address: 17 East Sir Francis Blvd., Suite 100, Larkspur, CA 94939

Designated Filer: Willow Creek Capital Management

Issuer and Ticker Symbol: Invivo Corporation (SAFE)

Statement for Month/Year: January 2002

Aaron H. Braun