UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Platinum Underwriters Holdings Ltd.
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(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE
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(Title of Class of Securities)
G7127P100
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(CUSIP Number)
Check the following box if a fee is being paid with this statement / /. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*The remainder of this cover 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. G7127P100 13G Page 2 of 5 Pages
1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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SAMUEL R. SHAPIRO -- S.S. 259 50 4489
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
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SAMUEL R. SHAPIRO IS A UNITED STATES CITIZEN
NUMBER OF 5. SOLE VOTING POWER 0
SHARES
BENEFICIALLY 6. SHARED VOTING POWER 0
OWNED BY
EACH 7. SOLE DISPOSITIVE POWER 0
REPORTING PERSON
WITH 8. SHARED DISPOSITIVE POWER 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
12. TYPE OF REPORTING PERSON*
IN
Cusip No. G7127P100 13G Page 3 of 5 Pages
1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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SHAPIRO CAPITAL MANAGEMENT COMPANY, INC. -- ID NO. 58-1830170
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
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SHAPIRO CAPITAL MANAGEMENT COMPANY, INC. IS A GEORGIA CORPORATION
NUMBER OF 5. SOLE VOTING POWER 2,035,620
SHARES
BENEFICIALLY 6. SHARED VOTING POWER 250,055
OWNED BY
EACH 7. SOLE DISPOSITIVE POWER 2,285,675
REPORTING PERSON
WITH 8. SHARED DISPOSITIVE POWER 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,285,675
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.31%
12. TYPE OF REPORTING PERSON*
IA
Cusip No. G7127P100 13G Page 4 of 5 Pages
Schedule 13G Additional Information
Item #
1. (a) Name of Issuer: PLATINUM UNDERWRITERS HOLDINGS LTD.
(b) Address of Issuer's Principal Executive Offices:
2 CHURCH STREET
BERMUDA, BERMUDA, HM 11
2. (a) Name of Person Filing:
SAMUEL R. SHAPIRO, SHAPIRO CAPITAL MANAGEMENT COMPANY, INC.
(b) Address of Principal Business Office for Each of the Above:
3060 PEACHTREE ROAD, SUTIE 1555 N.W., ATLANTA, GEORGIA 30305
(c) Citizenship:
SAMUEL R. SHAPIRO -- U.S. CITIZEN
SHAPIRO CAPITAL MANAGEMENT COMPANY, INC. -- GEORGIA CORPORATION
(d) Title of Class of Securities:
COMMON STOCK, $0.01 PAR VALUE
(e) CUSIP Number:
G7127P100
3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b). The
person filing is a:
IA
Cusip No. G7127P100 13G Page 5 of 5 Pages
4. Ownership:
(a) Amount Beneficially Owned: 2,285,675
(b) Percent of Class: 5.31%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 2,035,620
(ii) shared power to vote or to direct the vote 250,055
(iii) sole power to dispose or to direct the disposition of 2,295,675
(iv) shared power to dispose or to direct the disposition of 0
5. Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following. / /
6. Ownership of More than Five Percent on Behalf of Another Person:
See attached
7. Identification and Classification of the Subsidiary which Acquired the
Security Being Reported on by the Parent Holding Company
N/A
8. Identification and Classification of Members of the Group:
N/A
9. Notice of Dissolution of Group:
N/A
10. Certification:
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any transaction
having such purpose or effect.
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.
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Date:
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Signature
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Name/Title