-------------------------- OMB APPROVAL OMB Number: 3235-0145 Expires: February 28, 2006 Estimated average burden hours per response... 11 -------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ___)* IROBOT CORPORATION (Name of Issuer) COMMON STOCK, PAR VALUE $0.01 PER SHARE (Title of Class of Securities) 462726100 (CUSIP Number) December 31, 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: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] 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. 462726100 13G Page 2 of 15 Pages - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) FENWAY PARTNERS, INC. - 13-3763403 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER --0-- NUMBER OF ----------------------------------------------------------------- SHARES 6. SHARED VOTING POWER BENEFICIALLY 1,233,876 OWNED BY ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING --0-- PERSON ----------------------------------------------------------------- WITH 8. SHARED DISPOSITIVE POWER 1,233,876 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,233,876 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.3% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON CO - --------------------------------------------------------------------------------
CUSIP No. 462726100 13G Page 3 of 15 Pages - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) FENWAY PARTNERS II, LLC - 06-1522851 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER --0-- NUMBER OF ----------------------------------------------------------------- SHARES 6. SHARED VOTING POWER BENEFICIALLY 1,233,876 OWNED BY ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING --0-- PERSON ----------------------------------------------------------------- WITH 8. SHARED DISPOSITIVE POWER 1,233,876 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,233,876 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.3% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON PN - --------------------------------------------------------------------------------
CUSIP No. 462726100 13G Page 4 of 15 Pages - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) FPIP TRUST, LLC - 13-3956611 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER --0-- NUMBER OF ----------------------------------------------------------------- SHARES 6. SHARED VOTING POWER BENEFICIALLY 1,233,876 OWNED BY ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING --0-- PERSON ----------------------------------------------------------------- WITH 8. SHARED DISPOSITIVE POWER 1,233,876 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,233,876 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.3% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON PN - --------------------------------------------------------------------------------
CUSIP No. 462726100 13G Page 5 of 15 Pages - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) FPIP, LLC - 13-3956702 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER --0-- NUMBER OF ----------------------------------------------------------------- SHARES 6. SHARED VOTING POWER BENEFICIALLY 1,233,876 OWNED BY ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING --0-- PERSON ----------------------------------------------------------------- WITH 8. SHARED DISPOSITIVE POWER 1,233,876 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,233,876 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.3% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON PN - --------------------------------------------------------------------------------
CUSIP No. 462726100 13G Page 6 of 15 Pages - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) FENWAY PARTNERS CAPITAL FUND II, L.P. - 06-1522850 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER --0-- NUMBER OF ----------------------------------------------------------------- SHARES 6. SHARED VOTING POWER BENEFICIALLY 1,233,876 OWNED BY ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING --0-- PERSON ----------------------------------------------------------------- WITH 8. SHARED DISPOSITIVE POWER 1,233,876 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,233,876 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.3% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON PN - --------------------------------------------------------------------------------
CUSIP No. 462726100 13G Page 7 of 15 Pages - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ANDREA GEISSER - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 10,000 NUMBER OF ----------------------------------------------------------------- SHARES 6. SHARED VOTING POWER BENEFICIALLY 1,233,876 OWNED BY ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 10,000 PERSON ----------------------------------------------------------------- WITH 8. SHARED DISPOSITIVE POWER 1,233,876 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,243,876 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.3% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IN - --------------------------------------------------------------------------------
CUSIP No. 462726100 13G Page 8 of 15 Pages ITEM 1(A). NAME OF ISSUER: iRobot Corporation ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 63 South Avenue, Burlington, Massachusetts 01803 ITEM 2(A). NAME OF PERSON FILING: This statement is being filed by Fenway Partners, Inc., Fenway Partners II, LLC, FPIP Trust, LLC, FPIP, LLC, Fenway Partners Capital Fund II, L.P. and Andrea Geisser. Fenway Partners, Inc. is the managing member of FPIP Trust, LLC and FPIP, LLC. Andrea Geisser is a managing director of Fenway Partners, Inc. Fenway Partners II, LLC is the sole general partner of Fenway Partners Capital Fund II, L.P. Andrea Geisser is a managing director of Fenway Partners II, LLC. ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the principal business office of each of Fenway Partners, Inc., Fenway Partners II, LLC, FPIP Trust, LLC, FPIP, LLC, Fenway Partners Capital Fund II, L.P. and Andrea Geisser is: c/o Fenway Partners 152 West 57th Street New York, New York 10019 ITEM 2(C). CITIZENSHIP: Fenway Partners, Inc. -- Delaware Fenway Partners II, LLC -- Delaware FPIP Trust, LLC -- Delaware FPIP, LLC -- Delaware Fenway Partners Capital Fund II, L.P. -- Delaware Andrea Geisser - United States ITEM 2(D). TITLE OF CLASS OF SECURITIES: Common Stock, par value $0.01 per share (the "Common Stock") ITEM 2(E). CUSIP NUMBER: 462726100 ITEM 3. Not Applicable.
CUSIP No. 462726100 13G Page 9 of 15 Pages ITEM 4. OWNERSHIP. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: As of December 31, 2005, FPIP Trust, LLC was the record holder of 4,653 shares of Common Stock (the "FPIP Trust Shares"); FPIP, LLC was the record holder of 3,375 shares of Common Stock (the "FPIP Shares"); Fenway Partners Capital Fund II, L.P. was the record holder of 1,225,848 shares of Common Stock (the "Fenway Capital Fund II Shares"); and Andrea Geisser was the record holder of 10,000 shares of Common Stock (the "Geisser Shares"). By virtue of their relationship as affiliated entities, whose managing members and general partners have overlapping individual managing directors, as the case may be, each of FPIP Trust, LLC, FPIP, LLC and Fenway Partners Capital Fund II, L.P. may be deemed to beneficially own and share the power to direct the disposition and vote of the FPIP Trust Shares, the FPIP Shares and the Fenway Capital Fund II Shares for an aggregate of 1,233,876 shares (the "Record Shares"). Each of Fenway Partners, Inc. (as managing member of FPIP Trust, LLC and FPIP, LLC) and Fenway Partners II, LLC (as sole general partner of Fenway Partners Capital Fund II, L.P.) may also be deemed to beneficially own the Record Shares. As a managing director of both Fenway Partners, Inc. and Fenway Partners II, LLC, Andrea Geisser may be deemed to beneficially own the Record Shares and the Geisser shares for an aggregate of 1,243,876 shares. Each reporting person disclaims beneficial ownership of such shares except to the extent of their pecuniary interest, if any, and this report shall not be deemed an admission that the reporting persons are the beneficial owner of all of the reported shares. (b) Percent of class: Fenway Partners, Inc. 5.3% Fenway Partners II, LLC 5.3% FPIP Trust, LLC 5.3% FPIP, LLC 5.3% Fenway Partners Capital Fund II, L.P. 5.3% Andrea Geisser 5.3% The foregoing percentages are calculated based on the 23,286,889 shares of Common Stock of iRobot Corporation outstanding as of November 9, 2005 as reported in the issuer's 424(b)(4) Prospectus filed with the SEC on November 9, 2005. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: Andrea Geisser 10,000
CUSIP No. 462726100 13G Page 10 of 15 Pages 0 shares for each other reporting person (ii) Shared power to vote or to direct the vote: 1,233,876 shares for each reporting person (iii) Sole power to dispose or to direct the disposition of: Andrea Geisser 10,000 0 shares for each other reporting person (iv) Shared power to dispose or to direct the disposition of: 1,233,876 shares for each reporting person 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. Not applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. 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. Not applicable.
CUSIP No. 462726100 13G Page 11 of 15 Pages 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: February 13, 2006 FENWAY PARTNERS, INC By: /s/ Richard C. Dresdale ------------------------------------ Name: Richard C. Dresdale Title: President By: /s/ Andrea Geisser ------------------------------------ Name: Andrea Geisser Title: Managing Director FENWAY PARTNERS II, LLC By: /s/ Richard C. Dresdale ------------------------------------ Name: Richard C. Dresdale Title: President By: /s/ Andrea Geisser ------------------------------------ Name: Andrea Geisser Title: Managing Director FPIP TRUST, LLC By: /s/ Richard C. Dresdale ------------------------------------ Name: Richard C. Dresdale Title: President By: /s/ Andrea Geisser ------------------------------------ Name: Andrea Geisser Title: Managing Director
CUSIP No. 462726100 13G Page 12 of 15 Pages FPIP, LLC By: /s/ Richard C. Dresdale ------------------------------------ Name: Richard C. Dresdale Title: President By: /s/ Andrea Geisser ------------------------------------ Name: Andrea Geisser Title: Managing Director FENWAY PARTNERS CAPITAL FUND II, L.P. By: /s/ Richard C. Dresdale ------------------------------------ Name: Richard C. Dresdale Title: President By: /s/ Andrea Geisser ------------------------------------ Name: Andrea Geisser Title: Managing Director /s/ Andrea Geisser ---------------------------------------- Andrea Geisser
CUSIP No. 462726100 13G Page 13 of 15 Pages EXHIBIT INDEX Exhibit 1. Joint Filing Agreement as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.
CUSIP No. 462726100 13G Page 14 of 15 Pages EXHIBIT 1 JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is inaccurate. Date: February 13, 2006 FENWAY PARTNERS, INC By: /s/ Richard C. Dresdale ------------------------------------ Name: Richard C. Dresdale Title: President By: /s/ Andrea Geisser ------------------------------------ Name: Andrea Geisser Title: Managing Director FENWAY PARTNERS II, LLC By: /s/ Richard C. Dresdale ------------------------------------ Name: Richard C. Dresdale Title: President By: /s/ Andrea Geisser ------------------------------------ Name: Andrea Geisser Title: Managing Director
CUSIP No. 462726100 13G Page 15 of 15 Pages FPIP TRUST, LLC By: /s/ Richard C. Dresdale ------------------------------------ Name: Richard C. Dresdale Title: President By: /s/ Andrea Geisser ------------------------------------ Name: Andrea Geisser Title: Managing Director FPIP, LLC By: /s/ Richard C. Dresdale ------------------------------------ Name: Richard C. Dresdale Title: President By: /s/ Andrea Geisser ------------------------------------ Name: Andrea Geisser Title: Managing Director FENWAY PARTNERS CAPITAL FUND II, L.P. By: /s/ Richard C. Dresdale ------------------------------------ Name: Richard C. Dresdale Title: President By: /s/ Andrea Geisser ------------------------------------ Name: Andrea Geisser Title: Managing Director /s/ Andrea Geisser ---------------------------------------- Andrea Geisser