Item 5. Interest in Securities of the Issuer.
Paragraphs (a), (b) and (c) of Item 5 to the Schedule 13D are hereby amended and restated as follows:
“References to percentage ownerships of shares of Issuer common stock in this Schedule 13D are based upon the 52,075,535 shares of Issuer common stock stated to be outstanding in the Issuer’s Prospectus, dated July 14, 2011, after giving effect to the underwritten offering by the Issuer referenced therein (assuming that the over-allotment option referred to therein is not exercised). The shares of Issuer common stock reported as beneficially owned by the Reporting Person in this Schedule 13D does not include the Shares owned by the Harbinger Persons. As a result of the arrangements among the Reporting Person and the Harbinger Parties described in this Schedule 13D, the Reporting Person and the Harbinger Parties may be deemed to be members of a “group” for purposes of the Securities Exchange Act of 1934, as amended, and the Reporting Person may be deemed to beneficially own the 1,009,512 shares of Issuer common stock (or approximately 1.9% of the outstanding shares of Issuer common stock) owned by the Harbinger Parties as of the date of this Schedule 13D. The Reporting Person and each of the Harbinger Parties specifically disclaims beneficial ownership in the shares of Issuer common stock reported herein except to the extent it or he actually exercises voting or dispositive power with respect to such shares.”
(a, b) As of the date hereof, the Reporting Person may be deemed to be the beneficial owner of 27,756,905 shares of Issuer common stock, constituting 53.3% of the outstanding shares of Issuer common stock.
The Reporting Person has the sole power to vote or direct the vote of 27,756,905 shares of Issuer common stock; has the shared power to vote or direct the vote of 0 shares of Issuer common stock; has sole power to dispose or direct the disposition of 27,756,905 shares of Issuer common stock; and has shared power to dispose or direct the disposition of 0 shares of Issuer common stock.
If the Reporting Person is deemed to beneficially own the 1,009,512 shares of Issuer Common Stock directly owned by the Harbinger Parties, it will be deemed to beneficially own a total of 28,660,328 shares of Issuer Common Stock (or approximately 55.0% of the outstanding Shares). The Reporting Person specifically disclaims beneficial ownership in the shares of Issuer Common Stock reported herein except to the extent it actually exercises voting or dispositive power with respect to such shares of Issuer Common Stock.
(a, b) As of the date hereof, the Master Fund may be deemed to be the beneficial owner of 903,423 shares of Issuer common stock, constituting 1.7% of the outstanding shares of Issuer common stock.
The Master Fund has the sole power to vote or direct the vote of 0 shares of Issuer common stock; has the shared power to vote or direct the vote of 903,423 shares of Issuer common stock; has sole power to dispose or direct the disposition of 0 shares of Issuer common stock; and has shared power to dispose or direct the disposition of 903,423 shares of Issuer common stock.
If the Master Fund is deemed to beneficially own the 27,756,905 shares of Issuer Common Stock directly owned by the Reporting Person, it will be deemed to beneficially own a total of 28,660,328 shares of Issuer Common Stock (or approximately 55.0% of the outstanding Shares). The Master Fund specifically disclaims beneficial ownership in the shares of Issuer Common Stock reported herein except to the extent it actually exercises voting or dispositive power with respect to such shares of Issuer Common Stock.
(a, b) As of the date hereof, Harbinger LLC may be deemed to be the beneficial owner of 903,423 shares of Issuer common stock, constituting 1.7% of the outstanding shares of Issuer common stock.
Harbinger LLC has the sole power to vote or direct the vote of 0 shares of Issuer common stock; has the shared power to vote or direct the vote of 903,423 shares of Issuer common stock; has sole power to dispose or direct the disposition of 0 shares of Issuer common stock; and has shared power to dispose or direct the disposition of 903,423 shares of Issuer common stock.
If Harbinger LLC is deemed to beneficially own the 27,756,905 shares of Issuer Common Stock directly owned by the Reporting Person, it will be deemed to beneficially own a total of 28,660,328 shares of Issuer Common Stock (or approximately 55.0% of the outstanding shares of Issuer Common Stock). Harbinger LLC specifically disclaims beneficial ownership in the Shares reported herein except to the extent it actually exercises voting or dispositive power with respect to such shares of Issuer Common Stock.
(a, b) As of the date hereof, the Special Fund may be deemed to be the beneficial owner of 101,089 shares of Issuer common stock, constituting less than 1% of the outstanding shares of Issuer common stock.
The Special Fund has the sole power to vote or direct the vote of 0 shares of Issuer common stock; has the shared power to vote or direct the vote of 101,089 shares of Issuer common stock; has sole power to dispose or direct the disposition of 0 shares of Issuer common stock; and has shared power to dispose or direct the disposition of 101,089 shares of Issuer common stock.
If the Special Fund is deemed to beneficially own the 27,756,905 shares of Issuer Common Stock directly owned by the Reporting Person, it will be deemed to beneficially own a total of 27,857,994 shares of Issuer Common Stock (or approximately 53.5% of the outstanding shares of Issuer Common Stock). The Special Fund specifically disclaims beneficial ownership in the Shares reported herein except to the extent it actually exercises voting or dispositive power with respect to such Shares.
(a, b) As of the date hereof, HCPSS may be deemed to be the beneficial owner of 101,089 shares of Issuer common stock, constituting less than 1% of the outstanding shares of Issuer common stock.
HCPSS has the sole power to vote or direct the vote of 0 shares of Issuer common stock; has the shared power to vote or direct the vote of 101,089 shares of Issuer common stock; has sole power to dispose or direct the disposition of 0 shares of Issuer common stock; and has shared power to dispose or direct the disposition of 101,089 shares of Issuer common stock.
If HCPSS is deemed to beneficially own the 27,756,905 shares of Issuer Common Stock directly owned by the Reporting Person, it will be deemed to beneficially own a total of 27,857,994 shares of Issuer Common Stock (or approximately 53.5% of the outstanding shares of Issuer Common Stock). HCPSS specifically disclaims beneficial ownership in the shares of Issuer Common Stock reported herein except to the extent it actually exercises voting or dispositive power with respect to such shares of Issuer Common Stock.
(a, b) As of the date hereof, Harbinger Holdings may be deemed to be the beneficial owner of 1,004,512 shares of Issuer common stock, constituting 1.9% of the outstanding shares of Issuer common stock.
Harbinger Holdings has the sole power to vote or direct the vote of 0 shares of Issuer common stock; has the shared power to vote or direct the vote of 1,004,512 shares of Issuer common stock; has sole power to dispose or direct the disposition of 0 shares of Issuer common stock; and has shared power to dispose or direct the disposition of 1,004,512 shares of Issuer common stock.
If Harbinger Holdings is deemed to beneficially own the 27,756,905 shares of Issuer Common Stock directly owned by the Reporting Person, it will be deemed to beneficially own a total of 28,761,417 Shares (or approximately 55.2% of the outstanding Shares). Harbinger Holdings specifically disclaims beneficial ownership in the shares of Issuer Common Stock reported herein except to the extent it actually exercises voting or dispositive power with respect to such shares of Issuer Common Stock.
(a, b) As of the date hereof, Philip Falcone may be deemed to be the beneficial owner of 1,004,512 shares of Issuer common stock, constituting 1.9% of the outstanding shares of Issuer common stock.
Mr. Falcone has the sole power to vote or direct the vote of 0 shares of Issuer common stock; has the shared power to vote or direct the vote of 1,004,512 shares of Issuer common stock; has sole power to dispose or direct the disposition of 0 shares of Issuer common stock; and has shared power to dispose or direct the disposition of 1,004,512 shares of Issuer common stock.
If Mr. Falcone is deemed to beneficially own the 27,756,905 shares of Issuer Common Stock directly owned by the Reporting Person, he will be deemed to beneficially own a total of 28,761,417 shares of Issuer Common Stock (or approximately 55.2% of the outstanding shares of Issuer Common Stock). Mr. Falcone specifically disclaims beneficial ownership in the shares of Issuer Common Stock reported herein except to the extent he actually exercises voting or dispositive power with respect to such shares of Issuer Common Stock.
CUSIP No. 84763R101
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(a, b) As of the date hereof, David M. Maura may be deemed to be the beneficial owner of 5,000 shares of Issuer common stock, constituting less than 1% of the outstanding shares of Issuer common stock.
Mr. Maura has the sole power to vote or direct the vote of 5,000 shares of Issuer common stock; has the shared power to vote or direct the vote of 0 shares of Issuer common stock; has sole power to dispose or direct the disposition of 5,000 shares of Issuer common stock; and has shared power to dispose or direct the disposition of 0 shares of Issuer common stock.
As a result of Mr. Maura’s employment with Harbinger LLC, Mr. Maura and the other Harbinger Persons may be deemed to be members of a “group” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the beneficial owners of the shares of Issuer common stock owned by each other. Mr. Maura and the other Harbinger Persons specifically disclaim beneficial ownership in the shares of Issuer common stock owned by each other. In addition, if Mr. Maura is deemed to beneficially own the 27,756,905 shares of Issuer Common Stock directly owned by the Reporting Person, he will be deemed to beneficially own a total of 27,761,905 shares of Issuer Common Stock (or approximately 53.3% of the outstanding shares of Issuer Common Stock). Mr. Maura specifically disclaims beneficial ownership in such shares of Issuer Common Stock except to the extent he actually exercises voting or dispositive power with respect to such shares of Issuer Common Stock.
(c) Other than the transactions described in Item 4 above, during the past 60 days the Reporting Person and the Harbinger Persons did not acquire or dispose of any shares of Issuer common stock.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
No material change.
Item 7. Material to be Filed as Exhibits.
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Exhibit L: |
Underwriting Agreement, dated as of July 14, 2011 (Incorporated by reference from Exhibit 1.1 to the Current Report on Form 8-K of Spectrum Brands Holdings, Inc. filed with the Securities and Exchange Commission on July 19, 2011) |