Edgar Filing: ATHENAHEALTH INC

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â OAK INVESTMENT PARTNERS IX L P

2. Date of Event Requiring Statement (Month/Day/Year)
09/19/2007

3. Issuer Name and Ticker or Trading Symbol
ATHENAHEALTH INC [ATHN]

(Last)

(First)

(Middle)

C/O OAK INVESTMENT PARTNERS,Â ONE GORHAM ISLAND

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

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

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

(Street)

WESTPORT,Â CTÂ 06880

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security
(Instr. 4)

2. Amount of Securities Beneficially Owned
(Instr. 4)

3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)

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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A-1 preferred stock	Â ⁽¹⁾	Â ⁽²⁾	Common Stock	82,153	$ ⁽¹⁾	D ⁽³⁾	Â
Series A-1 preferred stock	Â ⁽¹⁾	Â ⁽²⁾	Common Stock	875	$ ⁽¹⁾	D ⁽⁴⁾	Â
Series A-1 preferred stock	Â ⁽¹⁾	Â ⁽²⁾	Common Stock	1,972	$ ⁽¹⁾	D ⁽⁵⁾	Â
Series D preferred stock	Â ⁽¹⁾	Â ⁽²⁾	Common Stock	4,207,013	$ ⁽¹⁾	D ⁽³⁾	Â
Series D preferred stock	Â ⁽¹⁾	Â ⁽²⁾	Common Stock	44,839	$ ⁽¹⁾	D ⁽⁴⁾	Â
Series D preferred stock	Â ⁽¹⁾	Â ⁽²⁾	Common Stock	100,980	$ ⁽¹⁾	D ⁽⁵⁾	Â
Series E preferred stock	Â ⁽¹⁾	Â ⁽²⁾	Common Stock	168,776	$ ⁽¹⁾	D ⁽³⁾	Â
Series E preferred stock	Â ⁽¹⁾	Â ⁽²⁾	Common Stock	1,798	$ ⁽¹⁾	D ⁽⁴⁾	Â
Series E preferred stock	Â ⁽¹⁾	Â ⁽²⁾	Common Stock	4,052	$ ⁽¹⁾	D ⁽⁵⁾	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
OAK INVESTMENT PARTNERS IX L P C/O OAK INVESTMENT PARTNERS ONE GORHAM ISLAND WESTPORT,Â CTÂ 06880	Â	Â X	Â	Â
OAK IX AFFILIATES FUND LP C/O OAK INVESTMENT PARTNERS ONE GORHAM ISLAND WESTPORT,Â CTÂ 06880	Â	Â X	Â	Â
OAK IX AFFILIATES FUND A LP C/O OAK INVESTMENT PARTNERS ONE GORHAM ISLAND WESTPORT,Â CTÂ 06880	Â	Â X	Â	Â

Signatures

/s/ Christopher E. Nolin Attorney-in-Fact for all Reporting Persons		09/19/2007
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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(a).
(1)	These shares will automatically convert into common stock on a one-for-one basis upon the closing of the Issuer's initial public offering of common stock.
(2)	The preferred stock has no expiration date.
(3)	Represents shares directly owned by Oak Investment Partners IX, L.P. ("Oak IX, L.P.").
(4)	Represents shares directly owned by Oak IX Affiliates Fund, L.P. ("Oak IX Affiliates, L.P.").
(5)	Represents shares owned directly by Oak IX Affiliates Fund-A, L.P. ("Oak IX Affiliates A, L.P.").
Â Remarks: OakÂ IXÂ Affiliates,Â L.P.Â andÂ OakÂ IXÂ AffiliatesÂ A,Â L.P.Â areÂ filingÂ thisÂ reportÂ onÂ aÂ precautionaryÂ basisÂ becauseÂ theyÂ mayÂ beÂ deemedÂ toÂ beÂ includedÂ inÂ aÂ "group"Â withÂ OakÂ IX,Â L.P.,Â whichÂ isÂ aÂ ReportingÂ PersonÂ withÂ respectÂ toÂ theÂ Issuer.Â OakÂ AssociatesÂ IX,Â L.L.C.Â isÂ theÂ GeneralÂ PartnerÂ ofÂ OakÂ IX,Â L.P.Â andÂ OakÂ IXÂ Affiliates,Â L.L.C.Â isÂ theÂ GeneralÂ PartnerÂ ofÂ OakÂ IXÂ Affiliates,Â L.P.Â andÂ OakÂ IXÂ AffiliatesÂ A,Â L.P.Â Â EachÂ ReportingÂ PersonÂ andÂ eachÂ ofÂ theÂ personsÂ describedÂ inÂ thisÂ footnoteÂ disclaimsÂ theÂ existenceÂ ofÂ aÂ "group"Â andÂ disclaimsÂ beneficialÂ ownershipÂ ofÂ anyÂ securitiesÂ (exceptÂ toÂ suchÂ ReportingÂ Person'sÂ pecuniaryÂ interestÂ inÂ suchÂ securities)Â ofÂ theÂ IssuerÂ andÂ thisÂ reportÂ shallÂ notÂ beÂ deemedÂ anÂ admissionÂ thatÂ suchÂ ReportingÂ PersonÂ isÂ theÂ beneficialÂ ownerÂ ofÂ anyÂ suchÂ securitiesÂ forÂ purposesÂ ofÂ SectionÂ 16Â orÂ forÂ anyÂ otherÂ purpose.

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