SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-------------
SCHEDULE 13D*
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
Under the Securities Exchange Act of 1934
(Amendment No. 1)(1)
Convergys Corporation
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, No Par Value
--------------------------------------------------------------------------------
(Title of Class of Securities)
212485106
--------------------------------------------------------------------------------
(CUSIP Number)
Marc Weingarten, Esq.
Schulte Roth & Zabel LLP
919 Third Avenue
New York, New York 10022
(212) 756-2000
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 25, 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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box. [ ]
NOTE: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7 for
other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 4 Pages)
--------------------------
(1) 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 ("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. 212485106 SCHEDULE 13D/A PAGE 2 OF 4 PAGES
-------------------------- ----------------------
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
JANA PARTNERS LLC
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
-------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
7 SOLE VOTING POWER
13,786,675
---------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY ---------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 13,786,675
---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
13,786,675
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.3%
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IA
-------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
-------------------------- ----------------------
CUSIP NO. 212485106 SCHEDULE 13D/A PAGE 3 OF 4 PAGES
-------------------------- ----------------------
The Schedule 13D filed on July 25, 2008 by JANA Partners LLC, a Delaware
limited liability company (the "Reporting Person"), relating to the shares
("Shares") of common stock, no par value, of Convergys Corporation, an Ohio
corporation (the "Issuer") is hereby amended as set forth below by this
Amendment No. 1 to the Schedule 13D.
Item 2. Identity and Background.
Paragraph (b) of Item 2 of the Schedule 13D is hereby amended and restated as
follows:
(b) The principal business address of the Reporting Person and the
Principals is 767 Fifth Avenue, 8th Floor, New York, New York 10153.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 of the Schedule 13D is hereby amended and restated as follows:
The 13,786,675 Shares reported herein by the Reporting Person, were
acquired at an aggregate purchase price of approximately $217.2 million. The
Shares beneficially owned by the Reporting Person were acquired with investment
funds in accounts under management.
Item 5. Interest in Securities of the Company.
Paragraphs (a), (b) and (c) of Item 5 of the Schedule 13D are hereby amended and
restated as follows:
(a) The aggregate percentage of Shares reported to be beneficially
owned by the Reporting Person is based upon 121,824,301 Shares outstanding,
which is the total number of Shares outstanding as of June 30, 2008 as reported
in the Issuer's Quarterly Report on Form 10-Q filed on August 1, 2008 for the
period ended June 30, 2008.
As of the close of business on August 26, 2008, the Reporting Person
may be deemed to beneficially own 13,786,675 Shares constituting approximately
11.3% of the Shares outstanding.
(b) The Reporting Person has sole voting and dispositive powers over
the 13,786,675 Shares, which powers are exercised by the Principals.
(c) The following transactions in the Shares effected by the Reporting
Person since the most recent filing of Schedule 13D. All of the transactions in
Shares listed hereto were effected in open market purchases on the New York
Stock Exchange through various brokerage entities.
Date of Transaction Shares Purchased (Sold) Price
------------------- ----------------------- --------
8/25/2008 105,000 $14.46
8/25/2008 285,000 $14.47
8/25/2008 25,000 $14.49
8/26/2008 50,078 $14.38
8/26/2008 40,000 $14.45
8/26/2008 99,922 $14.49
-------------------------- ----------------------
CUSIP NO. 212485106 SCHEDULE 13D/A PAGE 4 OF 4 PAGES
-------------------------- ----------------------
SIGNATURES
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.
Dated: August 27, 2008
JANA PARTNERS LLC
By: /s/ Barry Rosenstein
--------------------------
Name: Barry Rosenstein
Title: Managing Partner
By: /s/ Gary Claar
--------------------------
Name: Gary Claar
Title: General Partner