Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
- Peter Lynch
What is insider trading>>
Table of Contents
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 4)
Under the Securities Exchange Act of 1934
Under the Securities Exchange Act of 1934
HUNTSMAN CORPORATION
(Name of Issuer)
Common Stock, $0.01 par value
(Title of Class Securities)
(Title of Class Securities)
Common Stock, $0.01 par value
(Title of Class Securities)
447011107
(CUSIP Number)
D. E. Shaw & Co., L.P.
Attn: Compliance Department
120 West Forty-Fifth Street
Floor 39, Tower 45
New York, NY 10036
212-478-0000
Attn: Compliance Department
120 West Forty-Fifth Street
Floor 39, Tower 45
New York, NY 10036
212-478-0000
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
Authorized to Receive Notices and Communications)
December 15, 2008
(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. o
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See §240.13d-7 for other
parties to whom copies are to be sent.
*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, as amended (the “Exchange Act”), or otherwise subject to the
liabilities of that section of the Exchange Act but shall be subject to all
other provisions of the Exchange Act.
TABLE OF CONTENTS
| Item 4. Purpose of Transaction | ||||||||
| Item 5. Interest in Securities of the Issuer | ||||||||
| Item 6. Contracts, Arrangements, Understandings or Relationships with Respect of the Issuer | ||||||||
| SIGNATURE | ||||||||
Table of Contents
| 1 | NAME OF REPORTING PERSON. I.R.S. IDENTIFICATION D. E. Shaw Valence Portfolios, L.L.C. FEIN 13-4046559 |
||||||||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
||||||||||
| (a) o | |||||||||||
| (b) o | |||||||||||
| 3 | SEC USE ONLY | ||||||||||
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
| WC | |||||||||||
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
| o | |||||||||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
| Delaware | |||||||||||
| 7 | SOLE VOTING POWER | ||||||||||
| NUMBER OF | -0- | ||||||||||
| SHARES | 8 | SHARED VOTING POWER | |||||||||
| BENEFICIALLY | |||||||||||
| OWNED BY | 9,240,411 | ||||||||||
| EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
| REPORTING | |||||||||||
| PERSON | -0- | ||||||||||
| WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
| 9,240,411 | |||||||||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
| 9,240,411 | |||||||||||
| 12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
| o | |||||||||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
| 3.9% | |||||||||||
| 14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
| OO | |||||||||||
Table of Contents
| 1 | NAME OF REPORTING PERSON. I.R.S. IDENTIFICATION D. E. Shaw Oculus Portfolios, L.L.C. FEIN 20-0805088 |
||||||||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
||||||||||
| (a) o | |||||||||||
| (b) o | |||||||||||
| 3 | SEC USE ONLY | ||||||||||
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
| WC | |||||||||||
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
| o | |||||||||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
| Delaware | |||||||||||
| 7 | SOLE VOTING POWER | ||||||||||
| NUMBER OF | -0- | ||||||||||
| SHARES | 8 | SHARED VOTING POWER | |||||||||
| BENEFICIALLY | |||||||||||
| OWNED BY | -0- | ||||||||||
| EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
| REPORTING | |||||||||||
| PERSON | -0- | ||||||||||
| WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
| -0- | |||||||||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
| -0- | |||||||||||
| 12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
| o | |||||||||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
| 0.0% | |||||||||||
| 14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
| OO | |||||||||||
Table of Contents
| 1 | NAME OF REPORTING PERSON. I.R.S. IDENTIFICATION D. E. Shaw & Co., L.L.C. FEIN 13-3799946 |
||||||||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
||||||||||
| (a) o | |||||||||||
| (b) o | |||||||||||
| 3 | SEC USE ONLY | ||||||||||
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
| AF | |||||||||||
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
| o | |||||||||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
| Delaware | |||||||||||
| 7 | SOLE VOTING POWER | ||||||||||
| NUMBER OF | -0- | ||||||||||
| SHARES | 8 | SHARED VOTING POWER | |||||||||
| BENEFICIALLY | |||||||||||
| OWNED BY | 1,581 | ||||||||||
| EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
| REPORTING | |||||||||||
| PERSON | -0- | ||||||||||
| WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
| 1,581 | |||||||||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
| 1,581 | |||||||||||
| 12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
| o | |||||||||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
| 0.0% | |||||||||||
| 14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
| OO | |||||||||||
Table of Contents
| 1 | NAME OF REPORTING PERSON. I.R.S. IDENTIFICATION D. E. Shaw & Co., L.P. FEIN 13-3695715 |
||||||||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
||||||||||
| (a) o | |||||||||||
| (b) o | |||||||||||
| 3 | SEC USE ONLY | ||||||||||
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
| AF | |||||||||||
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
| o | |||||||||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
| Delaware | |||||||||||
| 7 | SOLE VOTING POWER | ||||||||||
| NUMBER OF | -0- | ||||||||||
| SHARES | 8 | SHARED VOTING POWER | |||||||||
| BENEFICIALLY | |||||||||||
| OWNED BY | 9,241,992 | ||||||||||
| EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
| REPORTING | |||||||||||
| PERSON | -0- | ||||||||||
| WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
| 9,241,992 | |||||||||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
| 9,241,992 | |||||||||||
| 12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
| o | |||||||||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
| 3.9% | |||||||||||
| 14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
| IA, PN | |||||||||||
Table of Contents
| 1 | NAME OF REPORTING PERSON. I.R.S. IDENTIFICATION David E. Shaw |
||||||||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
||||||||||
| (a) o | |||||||||||
| (b) o | |||||||||||
| 3 | SEC USE ONLY | ||||||||||
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
| AF | |||||||||||
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
| o | |||||||||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
| United States | |||||||||||
| 7 | SOLE VOTING POWER | ||||||||||
| NUMBER OF | -0- | ||||||||||
| SHARES | 8 | SHARED VOTING POWER | |||||||||
| BENEFICIALLY | |||||||||||
| OWNED BY | 9,241,992 | ||||||||||
| EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
| REPORTING | |||||||||||
| PERSON | -0- | ||||||||||
| WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
| 9,241,992 | |||||||||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
| 9,241,992 | |||||||||||
| 12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
| o | |||||||||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
| 3.9% | |||||||||||
| 14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
| IN | |||||||||||
Table of Contents
This Amendment No. 4 amends and supplements certain information in the Statement on Schedule 13D
filed by D. E. Shaw Valence Portfolios, L.L.C., a Delaware limited liability company
(“Valence”), D. E. Shaw Oculus Portfolios, L.L.C., a Delaware limited liability company
(“Oculus”), D. E. Shaw & Co., L.L.C., a Delaware limited liability company (“DESCO
LLC”), D. E. Shaw & Co., L.P., a Delaware limited partnership (“DESCO LP”), and David
E. Shaw, a citizen of the United States of America (“David E. Shaw”, and together with
Valence, Oculus, DESCO LLC, and DESCO LP, collectively, the “Reporting Persons”) on June
30, 2008, amended by Amendment No. 1 to the Schedule 13D filed on August 28, 2008, amended by
Amendment No. 2 to the Schedule 13D filed on September 8, 2008 and amended by Amendment No. 3 to
the Schedule 13D filed on October 27, 2008 (as amended, the “Schedule 13D”), relating to
the shares of common stock, $0.01 par value per share (the “Common Shares”), of Huntsman
Corporation (the “Issuer”). Capitalized terms used but not defined herein have the meanings
previously ascribed to them in the Schedule 13D.
Neither the present filing nor anything contained herein shall be construed as an admission that
any Reporting Person constitutes a “person” for any purposes other than Section 13(d) of the
Exchange Act.
Item 4. Purpose of Transaction
Item 4 is amended by the addition of the following:
As of December 15, 2008, the Reporting Persons have no intention, individually or collectively, of
taking any actions that are designed to direct or cause the direction of the management and
policies of the Issuer or otherwise exercise a controlling influence over the Issuer.
Item 5. Interest in Securities of the Issuer
Item 5 is amended by the addition of the following:
As a result of the termination of the Merger Agreement and the expiration of each of the Proposal
Letter, the Backstop Letter, and the Revised Backstop Letter, the Reporting Persons may no longer
be deemed a group with the Backstop Investors, Pentwater Capital Management L.P. (one of the
Initial Investors), and the Huntsman Family Stockholders and, therefore, may no longer be deemed to
beneficially own the Common Shares beneficially owned by the Backstop Investors, Pentwater Capital
Management L.P., and the Huntsman Family Stockholders.
(a), (b) Based upon the Issuer’s Form 10-Q, filed with the Securities and Exchange Commission on
November 6, 2008, there were 234,430,785 Common Shares issued and outstanding as of November 3,
2008. The 9,240,411 Common Shares beneficially owned by Valence (the “Valence Shares”)
represent approximately 3.9% of the Common Shares issued and outstanding. The 1,581 Common Shares
beneficially owned by DESCO LLC (the “DESCO LLC Shares”) represent approximately 0.0% of
the Common Shares issued and outstanding. The DESCO LLC Shares are 1,581 Common Shares (the
“Synoptic Shares”) directly held by D. E. Shaw Synoptic Portfolios 2, L.L.C.
(“Synoptic”). The 9,241,992 Common Shares beneficially owned by DESCO LP (the “DESCO
LP Shares”) represent approximately 3.9% of the Common Shares issued and outstanding. The
DESCO LP Shares consist of (i) the Valence Shares and (ii) the Synoptic Shares.
Valence has the power to vote or to direct the vote of (and the power to dispose or to direct the
disposition of) the Valence Shares. Valence disclaims beneficial ownership of the Synoptic Shares.
DESCO LP, as managing member and investment adviser of Valence and investment adviser of Synoptic,
may be deemed to have the shared power to vote or to direct the vote of (and the shared power to
dispose or to direct the disposition of) the Valence Shares and the Synoptic Shares. DESCO LLC, as
Synoptic’s managing member, may be deemed to have the shared power to vote or to direct the vote of
(and the shared power to dispose or to direct the disposition of) the Synoptic Shares. As managing
member of DESCO LLC, DESCO II, Inc. may be deemed to have the shared power to vote or to direct the
vote of (and the shared power to dispose or to direct the disposition of) the Synoptic Shares. As
general partner of DESCO LP, DESCO Inc. may be deemed to have the shared power to vote or to direct
the vote of (and the shared power to dispose or to direct the disposition of) the Valence Shares
and the
Table of Contents
Synoptic Shares. None of DESCO LP, DESCO LLC, DESCO Inc., or DESCO II, Inc., owns any Common
Shares directly, and each such entity disclaims beneficial ownership of the Valence Shares and the
Synoptic Shares.
David E. Shaw does not own any shares directly. By virtue of David E. Shaw’s position as President
and sole shareholder of DESCO Inc., which is the general partner of DESCO LP, which in turn is the
managing member and investment adviser of Valence, and the investment adviser of Synoptic, and by
virtue of David E. Shaw’s position as President and sole shareholder of DESCO II, Inc., which is
the managing member of DESCO LLC, which in turn is the managing member of Synoptic, David E. Shaw
may be deemed to have the shared power to vote or to direct the vote of (and the shared power to
dispose or to direct the disposition of) the Valence Shares and the Synoptic Shares. David E. Shaw
disclaims beneficial ownership of the Valence Shares and the Synoptic Shares.
As of the date hereof, neither any Reporting Person nor, to the best knowledge of any Reporting
Person, any of the persons set forth in Item 2, owns any Common Shares other than those set forth
in this Item 5.
(c) The trading dates, number of Common Shares purchased or sold, and the price per share for all
transactions by the Reporting Persons in the Common Shares within the last 60 days, which were all
brokered transactions, are set forth below:
| Number of | ||||||||||
| Shares | ||||||||||
| Name | Date | Price per Share | Purchased/Sold | |||||||
D. E. Shaw Investment Management, L.L.C.
|
12/15/2008 | 2.95 | (3,000 | ) | ||||||
D. E. Shaw Investment Management, L.L.C.
|
12/15/2008 | 2.96 | (6,500 | ) | ||||||
D. E. Shaw Investment Management, L.L.C.
|
12/15/2008 | 2.98 | (3,600 | ) | ||||||
D. E. Shaw Investment Management, L.L.C.
|
12/15/2008 | 2.99 | (4,800 | ) | ||||||
D. E. Shaw Investment Management, L.L.C.
|
12/15/2008 | 3.00 | (5,600 | ) | ||||||
D. E. Shaw Investment Management, L.L.C.
|
12/15/2008 | 3.01 | (1,000 | ) | ||||||
D. E. Shaw Investment Management, L.L.C.
|
12/15/2008 | 3.02 | (4,800 | ) | ||||||
D. E. Shaw Investment Management, L.L.C.
|
12/15/2008 | 3.03 | (500 | ) | ||||||
D. E. Shaw Investment Management, L.L.C.
|
12/15/2008 | 3.04 | (1,900 | ) | ||||||
D. E. Shaw Investment Management, L.L.C.
|
12/15/2008 | 3.05 | (1,500 | ) | ||||||
Oculus
|
12/15/2008 | 3.00 | (324,497 | ) | ||||||
Oculus
|
12/15/2008 | 3.01 | (223,750 | ) | ||||||
Oculus
|
12/15/2008 | 3.02 | (210,196 | ) | ||||||
Oculus
|
12/15/2008 | 3.03 | (193,390 | ) | ||||||
Oculus
|
12/15/2008 | 3.04 | (182,482 | ) | ||||||
Oculus
|
12/15/2008 | 3.05 | (530,095 | ) | ||||||
Oculus
|
12/15/2008 | 3.06 | (25,300 | ) | ||||||
Oculus
|
12/15/2008 | 3.07 | (3,890 | ) | ||||||
Oculus
|
12/15/2008 | 3.08 | (4,500 | ) | ||||||
Oculus
|
12/15/2008 | 3.25 | (555,656 | ) | ||||||
Oculus
|
12/15/2008 | 3.26 | (81,950 | ) | ||||||
Oculus
|
12/15/2008 | 3.27 | (158,951 | ) | ||||||
Oculus
|
12/15/2008 | 3.28 | (157,454 | ) | ||||||
Oculus
|
12/15/2008 | 3.29 | (83,300 | ) | ||||||
Oculus
|
12/15/2008 | 3.30 | (193,604 | ) | ||||||
Oculus
|
12/15/2008 | 3.31 | (45,500 | ) | ||||||
Oculus
|
12/15/2008 | 3.32 | (29,043 | ) | ||||||
Oculus
|
12/15/2008 | 3.33 | (16,900 | ) | ||||||
Oculus
|
12/15/2008 | 3.35 | (198,760 | ) | ||||||
Oculus
|
12/15/2008 | 3.36 | (69,245 | ) | ||||||
Oculus
|
12/15/2008 | 3.37 | (41,315 | ) | ||||||
Table of Contents
| Number of | ||||||||||
| Shares | ||||||||||
| Name | Date | Price per Share | Purchased/Sold | |||||||
Oculus
|
12/15/2008 | 3.38 | (61,041 | ) | ||||||
Oculus
|
12/15/2008 | 3.39 | (156,325 | ) | ||||||
Oculus
|
12/15/2008 | 3.40 | (72,623 | ) | ||||||
Oculus
|
12/15/2008 | 3.45 | (1,000,000 | ) | ||||||
Oculus
|
12/15/2008 | 3.50 | (31,240 | ) | ||||||
Oculus
|
12/16/2008 | & #xA0; | 3.00 | (77,016 | ) | |||||
Oculus
|
12/16/2008 | 3.01 | (80,779 | ) | ||||||
Oculus
|
12/16/2008 | 3.02 | (92,105 | ) | ||||||
Oculus
|
12/16/2008 | 3.03 | (100 | ) | ||||||
Oculus
|
12/16/2008 | 3.05 | (128,022 | ) | ||||||
Oculus
|
12/16/2008 | 3.06 | (26,456 | ) | ||||||
Oculus
|
12/16/2008 | 3.07 | (4,900 | ) | ||||||
Oculus
|
12/16/2008 | 3.08 | (74,800 | ) | ||||||
Oculus
|
12/16/2008 | 3.09 | (49,230 | ) | ||||||
Oculus
|
12/16/2008 | 3.10 | (118,415 | ) | ||||||
Oculus
|
12/16/2008 | 3.11 | (58,860 | ) | ||||||
Oculus
|
12/16/2008 | 3.12 | (43,450 | ) | ||||||
Oculus
|
12/16/2008 | 3.13 | (14,850 | ) | ||||||
Oculus
|
12/16/2008 | 3.14 | (154,375 | ) | ||||||
Oculus
|
12/16/2008 | 3.15 | (5,100 | ) | ||||||
Oculus
|
12/16/2008 | 3.17 | (130,638 | ) | ||||||
Oculus
|
12/16/2008 | 3.19 | (90,410 | ) | ||||||
Oculus
|
12/16/2008 | 3.20 | (21,600 | ) | ||||||
Oculus
|
12/16/2008 | 3.21 | (1,800 | ) | ||||||
Oculus
|
12/17/2008 | 3.05 | (30,796 | ) | ||||||
Oculus
|
12/17/2008 | 3.10 | (245,875 | ) | ||||||
Oculus
|
12/17/2008 | 3.11 | (273,710 | ) | ||||||
Oculus
|
12/17/2008 | 3.12 | (236,949 | ) | ||||||
Oculus
|
12/17/2008 | 3.13 | (8,459 | ) | ||||||
Oculus
|
12/17/2008 | 3.14 | (188,406 | ) | ||||||
Oculus
|
12/17/2008 | 3.15 | (151,239 | ) | ||||||
Oculus
|
12/17/2008 | 3.17 | (76,928 | ) | ||||||
Valence
|
12/15/2008 | 3.00 | (4,403 | ) | ||||||
Valence
|
12/15/2008 | 3.35 | (34,640 | ) | ||||||
Valence
|
12/15/2008 | 3.36 | (12,050 | ) | ||||||
Valence
|
12/15/2008 | 3.37 | (9,600 | ) | ||||||
Valence
|
12/15/2008 | 3.38 | (30,900 | ) | ||||||
Valence
|
&# xA0; | 12/15/2008 | 3.40 | (800 | ) | |||||
Valence
|
12/15/2008 | 3.45 | (550,000 | ) | ||||||
Valence
|
12/15/2008 | 3.50 | (67,957 | ) | ||||||
Valence
|
12/15/2008 | 3.51 | (100 | ) | ||||||
Valence
|
12/15/2008 | 3.52 | (500 | ) | ||||||
Valence
|
12/15/2008 | 3.54 | (500 | ) | ||||||
Valence
|
12/15/2008 | 3.55 | (8,300 | ) | ||||||
Valence
|
12/15/2008 | 3.56 | (600 | ) | ||||||
Valence
|
12/16/2008 | 2.90 | (4,500 | ) | ||||||
Valence
|
12/16/2008 | 2.91 | (11,100 | ) | ||||||
Valence
|
12/16/2008 | 2.92 | (29,200 | ) | ||||||
Valence
|
12/16/2008 | 2.93 | (3,917 | ) | ||||||
Valence
|
12/16/2008 | 3.05 | (56,374 | ) | ||||||
Table of Contents
| Number of | ||||||||||
| Shares | ||||||||||
| Name | Date | Price per Share | Purchased/Sold | |||||||
Valence
|
12/16/2008 | 3.06 | (41,692 | ) | ||||||
Valence
|
12/16/2008 | 3.07 | (61,509 | ) | ||||||
Valence
|
12/16/2008 | 3.08 | (39,892 | ) | ||||||
Valence
|
12/16/2008 | 3.09 | (19,138 | ) | ||||||
Valence
|
12/16/2008 | 3.10 | (44,222 | ) | ||||||
Valence
|
12/16/2008 | 3.11 | (700 | ) | ||||||
Valence
|
12/17/2008 | 3.00 | (804,118 | ) | ||||||
Valence
|
12/17/2008 | 3.01 | (120,925 | ) | ||||||
Valence
|
12/17/2008 | 3.02 | (121,305 | ) | ||||||
Valence
|
12/17/2008 | 3.03 | (95,361 | ) | ||||||
Valence
|
12/17/2008 | 3.04 | (27,187 | ) | ||||||
Valence
|
12/17/2008 | 3.05 | (530,477 | ) | ||||||
Valence
|
12/17/2008 | 3.06 | (126,053 | ) | ||||||
Valence
|
12/17/2008 | 3.07 | (51,200 | ) | ||||||
Valence
|
12/17/2008 | 3.08 | (293,009 | ) | ||||||
Valence
|
12/17/2008 | < td>3.09 | (199,904 | ) | ||||||
Valence
|
12/17/2008 | 3.10 | (393,651 | ) | ||||||
Valence
|
12/17/2008 | 3.11 | (97,000 | ) | ||||||
Valence
|
12/17/2008 | 3.12 | (138,511 | ) | ||||||
Valence
|
12/17/2008 | 3.13 | (109,400 | ) | ||||||
Valence
|
12/17/2008 | 3.14 | (181,160 | ) | ||||||
Valence
|
12/17/2008 | 3.15 | (336,905 | ) | ||||||
Valence
|
12/17/2008 | 3.16 | (169,898 | ) | ||||||
Valence
|
12/17/2008 | 3.17 | (205,900 | ) | ||||||
Valence
|
12/17/2008 | 3.18 | (19,000 | ) | ||||||
Valence
|
12/17/2008 | 3.20 | (110,956 | ) | ||||||
Valence
|
12/17/2008 | 3.21 | (54,096 | ) | ||||||
Valence
|
12/17/2008 | 3.22 | (14,772 | ) | ||||||
Valence
|
12/17/2008 | 3.24 | (213,593 | ) | ||||||
Valence
|
12/17/2008 | 3.25 | (400 | ) | ||||||
(d) No person other than the Reporting Persons has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, the Common Shares set forth above.
(e) The Reporting Persons ceased to be the beneficial owners of five percent or more of the
outstanding Common Shares on December 17, 2008.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect of the Issuer
DESCO LP is the managing member of D. E. Shaw Investment Management, L.L.C., which as of the date
of this filing is managing client accounts with open short positions of 33,200 Common Shares.
Except for the matters described herein, neither the Reporting Persons nor, to the best knowledge
of any Reporting Person, any of the persons listed in Item 2 has any contract, arrangement,
understanding, or relationship with any person with respect to any securities of the Issuer.
Table of Contents
SIGNATURE
After reasonable inquiry and to the best of their knowledge and belief, the undersigned
certify that the information set forth in this statement is true, complete, and correct.
Dated: December 17, 2008
| D. E. SHAW VALENCE PORTFOLIOS, L.L.C. | ||||||||
| By: | D. E. SHAW & CO., L.P., as Managing Member | |||||||
| By: | /s/ Rochelle Elias
|
|||||||
| Name: Rochelle Elias | ||||||||
| Title: Chief Compliance Officer | ||||||||
| D. E. SHAW OCULUS PORTFOLIOS, L.L.C. | ||||||||
| By: | D. E. SHAW & CO., L.L.C., as Managing Member | |||||||
| By: | /s/ Rochelle Elias | |||||||
| Name: Rochelle Elias | ||||||||
| Title: Chief Compliance Officer | ||||||||
| D. E. SHAW & CO., L.L.C. | ||||||||
| By: | /s/ Rochelle Elias | |||||||
| Name: Rochelle Elias | ||||||||
| Title: Chief Compliance Officer | ||||||||
| D. E. SHAW & CO., L.P. | ||||||||
| By: | /s/ Rochelle Elias | |||||||
| Name: Rochelle Elias | ||||||||
| Title: Chief Compliance Officer | ||||||||
| DAVID E. SHAW | ||||||||
| By: | /s/ Rochelle Elias | |||||||
| Name: Rochelle Elias | ||||||||
| Title: Attorney-in-Fact for David E. Shaw | ||||||||