Stratasys, Inc.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13G

 

 

Under the Securities Exchange Act of 1934

(Amendment No.         )*

 

 

 

 

 

STRATASYS, INC.

(Name of Issuer)

 

 

Common Stock

(Title of Class of Securities)

 

 

862685104

                                (CUSIP Number)                                

 

 

September 30, 2005

(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).

 

Page 1 of 12 pages


CUSIP No. 862685104    13G    Page 2 of 12 Pages

 

  1  

NAME OF REPORTING PERSON /

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

 

Artisan Partners Limited Partnership

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions)

 

 

Not Applicable

 

 

(a)  ¨

(b)  ¨

  3  

SEC USE ONLY

 

 

 

   
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

Delaware

   

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

 

  5    SOLE VOTING POWER

 

      None

 

  6    SHARED VOTING POWER

 

      1,048,100

 

  7    SOLE DISPOSITIVE POWER

 

      None

 

  8    SHARED DISPOSITIVE POWER

 

      1,048,100

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

1,048,100

   
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions)

 

Not Applicable

   
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

 

10.0%

   
12  

TYPE OF REPORTING PERSON (see Instructions)

 

 

IA

   

 

 

Page 2 of 12


CUSIP No. 862685104    13G    Page 3 of 12 Pages

 

  1  

NAME OF REPORTING PERSON

S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

 

Artisan Investment Corporation

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions)

 

 

Not Applicable

 

 

(a)  ¨

(b)  ¨

  3  

SEC USE ONLY

 

 

 

   
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

Wisconsin

   

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

 

  5    SOLE VOTING POWER

 

      None

 

  6    SHARED VOTING POWER

 

      1,048,100

 

  7    SOLE DISPOSITIVE POWER

 

      None

 

  8    SHARED DISPOSITIVE POWER

 

      1,048,100

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

1,048,100

   
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions)

 

Not Applicable

   
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

 

10.0%

   
12  

TYPE OF REPORTING PERSON (see Instructions)

 

 

CO

   

 

 

Page 3 of 12


CUSIP No. 862685104    13G    Page 4 of 12 Pages

 

  1  

NAME OF REPORTING PERSON

S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

 

Andrew A. Ziegler

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions)

 

 

Not Applicable

 

 

(a)  ¨

(b)  ¨

  3  

SEC USE ONLY

 

 

 

   
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

U.S.A.

   

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

 

  5    SOLE VOTING POWER

 

      None

 

  6    SHARED VOTING POWER

 

      1,048,100

 

  7    SOLE DISPOSITIVE POWER

 

      None

 

  8    SHARED DISPOSITIVE POWER

 

      1,048,100

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

1,048,100

   
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions)

 

Not Applicable

   
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

 

10.0%

   
12  

TYPE OF REPORTING PERSON (see Instructions)

 

 

IN

   

 

 

Page 4 of 12


CUSIP No. 862685104    13G    Page 5 of 12 Pages

 

  1  

NAME OF REPORTING PERSON

S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

 

Carlene Murphy Ziegler

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions)

 

 

Not Applicable

 

 

(a)  ¨

(b)  ¨

  3  

SEC USE ONLY

 

 

 

   
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

U.S.A.

   

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

 

  5    SOLE VOTING POWER

 

      None

 

  6    SHARED VOTING POWER

 

      1,048,100

 

  7    SOLE DISPOSITIVE POWER

 

      None

 

  8    SHARED DISPOSITIVE POWER

 

      1,048,100

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

1,048,100

   
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions)

 

Not Applicable

   
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

 

10.0%

   
12  

TYPE OF REPORTING PERSON (see Instructions)

 

 

IN

   

 

 

Page 5 of 12


Item 1

 

(a)

   Name of Issuer:          
        

STRATASYS, INC.

         

Item 1

 

(b)

   Address of Issuer’s Principal Executive Offices:          
        

14950 Martin Drive

Eden Prairie, Minnesota 55344

         

Item 2

 

(a)

   Name of Person Filing:          
        

Artisan Partners Limited Partnership (“Artisan Partners”)

Artisan Investment Corporation, the general partner of Artisan Partners (“Artisan Corp.”)

Andrew A. Ziegler

Carlene Murphy Ziegler

         

Item 2

 

(b)

   Address of Principal Business Office:          
        

Artisan Partners, Artisan Corp., Mr. Ziegler and Ms. Ziegler are all located at:

 

875 East Wisconsin Avenue, Suite 800

Milwaukee, WI 53202

         

Item 2

 

(c)

   Citizenship:          
        

Artisan Partners is a Delaware limited partnership

Artisan Corp. is a Wisconsin corporation

Mr. Ziegler and Ms. Ziegler are U.S. citizens

         

Item 2

 

(d)

   Title of Class of Securities:          
        

Common Stock

         

Item 2

 

(e)

   CUSIP Number:              
        

862685104

         

Item 3

 

Type of Person:

         
        

(e) Artisan Partners is an investment adviser registered under section 203 of the Investment Advisers Act of 1940; Artisan Corp. is the General Partner of Artisan Partners; Mr. Ziegler and Ms. Ziegler are the principal stockholders of Artisan Corp.

         

 

Page 6 of 12


Item 4

   Ownership (at September 30, 2005):          
     (a)    Amount owned “beneficially” within the meaning of rule 13d-3: 1,048,100          
     (b)    Percent of class: 10.0% (based on 10,465,967 shares outstanding as of August 5, 2005)          
     (c)    Number of shares as to which such person has:          
          (i)    sole power to vote or to direct the vote: None          
          (ii)    shared power to vote or to direct the vote: 1,048,100          
          (iii)    sole power to dispose or to direct the disposition of: None          
          (iv)    shared power to dispose or to direct disposition of: 1,048,100          

Item 5

   Ownership of Five Percent or Less of a Class:     
    

Not Applicable

    

Item 6

   Ownership of More than Five Percent on Behalf of Another Person:          
    

The shares reported herein have been acquired on behalf of discretionary clients of Artisan Partners. Persons other than Artisan Partners are entitled to receive all dividends from, and proceeds from the sale of, those shares. None of those persons, to the knowledge of Artisan Partners, Artisan Corp., Mr. Ziegler or Ms. Ziegler, has an economic interest in more than 5% of the class.

         

Item 7

   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:
    

Not Applicable

Item 8

   Identification and Classification of Members of the Group:          
    

Not Applicable

         

Item 9

   Notice of Dissolution of Group:          
    

Not Applicable

         

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.

         

 

Page 7 of 12


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.

 

Date: October 7, 2005

 

ARTISAN INVESTMENT CORPORATION

for itself and as general partner of

ARTISAN PARTNERS LIMITED PARTNERSHIP

By:       LAWRENCE A. TOTSKY*        

ANDREW A. ZIEGLER

    ANDREW A. ZIEGLER*        

CARLENE MURPHY ZIEGLER

    CARLENE MURPHY ZIEGLER*        
*By:   /S/    LAWRENCE A. TOTSKY        
    Lawrence A. Totsky
   

Chief Financial Officer of Artisan Investment Corporation

Attorney-in-Fact for Andrew A. Ziegler

Attorney-in-Fact for Carlene Murphy Ziegler

 

Page 8 of 12


Exhibit Index

 

Exhibit 1    Joint Filing Agreement dated as of October 7, 2005 by and among Artisan Partners Limited Partnership, Artisan Investment Corporation, Andrew A. Ziegler, and Carlene Murphy Ziegler
Exhibit 2    Power of Attorney of Andrew A. Ziegler dated as of April 2, 2002
Exhibit 3    Power of Attorney of Carlene M. Ziegler dated as of April 2, 2002

 

Page 9 of 12