CUSIP No. |
521863308 |
1 | NAMES OF REPORTING PERSONS Highland Capital Management, L.P. |
||||||||||
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) | ||||||||||
Not Applicable | |||||||||||
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 | 1,744,810 | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 146,726 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 1,744,810 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
146,726 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
1,891,536 | |||||||||||
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) | ||||||||||
2.8% | |||||||||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
PN/IA |
CUSIP No. |
521863308 |
1 | NAMES OF REPORTING PERSONS Strand Advisors, Inc. |
||||||||||
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) | ||||||||||
Not Applicable | |||||||||||
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 | 1,744,810 | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 146,726 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 1,744,810 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
146,726 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
1,891,536 | |||||||||||
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) | ||||||||||
2.8% | |||||||||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
CO/HC |
CUSIP No. |
521863308 |
1 | NAMES OF REPORTING PERSONS James D. Dondero |
||||||||||
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) | ||||||||||
Not Applicable | |||||||||||
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 | 1,744,810 | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 146,726 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 1,744,810 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
146,726 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
1,891,536 | |||||||||||
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) | ||||||||||
2.8% | |||||||||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
IN/HC |
Item 1. | Security and Issuer. |
Item 2. | Identity and Background. |
Item 3. | Source and Amount of Funds or Other Consideration. |
Item 4. | Purpose of the Transaction. |
Item 5. | Interest in Securities of the Issuer. |
(b) | Number of shares as to which such person has: |
(i) | Sole power to vote or to direct the vote: | ||
See Item 7 on the attached cover page(s). | |||
(ii) | Shared power to vote or to direct the vote: | ||
See Item 8 on the attached cover page(s). |
(iii) | Sole power to dispose or to direct the disposition of: | ||
See Item 9 on the attached cover page(s). | |||
(iv) | Shared power to dispose or to direct the disposition of: | ||
See Item 10 on the attached cover page(s). |
Reporting | Shares | Shares | Price Per | Description of | ||||||||||||
Transaction Date | Person | Acquired | Disposed | Share ($) | Transaction | |||||||||||
December 7, 2007 |
Mr. Dondero | 27,700 | 0 | 26.51 | (1) | |||||||||||
December 31, 2007 |
Mr. Dondero | 0 | 28,455 | 0 | (2) | |||||||||||
January 8, 2008 |
HCMLP | 0 | 264,500 | 40.9583 | Open market sale | |||||||||||
January 9, 2008 |
HCMLP | 0 | 710,200 | 40.4462 | Open market sale | |||||||||||
January 10, 2008 |
HCMLP | 0 | 473,000 | 42.5829 | Open market sale | |||||||||||
January 14, 2008 |
HCMLP | 0 | 220,000 | 45.1664 | Open market sale | |||||||||||
January 15, 2008 |
HCMLP | 0 | 217,500 | 44.9766 | Open market sale | |||||||||||
January 16, 2008 |
HCMLP | 0 | 224,800 | 46.0036 | Open market sale | |||||||||||
January 17, 2008 |
HCMLP | 0 | 70,100 | 43.6612 | Open market sale | |||||||||||
January 18, 2008 |
HCMLP | 0 | 8,000 | 44.1206 | Open market sale |
(1) | Includes (i) 21,900 shares acquired by Mr. Dondero pursuant to the exercise of a non-qualified stock option dated March 11, 2005 at an exercise price of $26.51 per share; (ii) 5,000 shares acquired by Mr. Dondero pursuant to the exercise of a non-qualified stock option dated March 11, 2005 at an exercise price of $26.51 per share; and (iii) 800 shares acquired by Mr. Dondero pursuant to the exercise of a non-qualified stock option dated March 11, 2005 at an exercise price of $26.51 per share. | |
(2) | On December 31, 2007, Mr. Dondero transferred to HCMLP (i) the 27,700 shares acquired on December 7, 2007 pursuant to the exercise of stock options dated March 11, 2005 and (ii) 755 shares of restricted stock acquired pursuant to a restricted stock award dated May 18, 2006. |
Item 6. | Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. |
Item 7. | Material to be Filed as Exhibits. |
Date: January 23, 2008 | HIGHLAND CAPITAL MANAGEMENT, L.P. | |||
By: | Strand Advisors, Inc. | |||
Its: | General Partner | |||
By: | /s/ James D. Dondero | |||
Name: | James D. Dondero | |||
Title: | President | |||
STRAND ADVISORS, INC. | ||||
By: | /s/ James D. Dondero | |||
Name: | James D. Dondero | |||
Title: | President | |||
JAMES D. DONDERO | ||||
By: | /s/ James D. Dondero | |||
Name: | James D. Dondero |
Present Principal Occupation or Employment | ||
Name | and Business Address (if applicable) | |
James Dondero, Director
|
President | |
Mark Okada
|
Executive Vice President | |
Michael Colvin
|
Secretary | |
Todd Travers
|
Assistant Secretary | |
Patrick Daugherty
|
Assistant Secretary | |
Ken McGovern
|
Treasurer |