UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information Statement
Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
USG Corporation |
(Name of Issuer) |
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Common Stock |
(Title of Class of Securities) |
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903293405 |
(CUSIP Number) |
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December 31, 2003 |
Date of Event Which Requires Filing of the Statement |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o Rule 13d-1(b)
ý Rule 13d-1(c)
o Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting persons 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).
Page 1 of 18
CUSIP NO. 903293405 |
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13G |
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Page 2 of 18 Pages |
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(a) ý |
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Illinois limited
partnership |
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0 |
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o |
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PN; HC |
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Page 2 of 18
CUSIP NO. 903293405 |
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13G |
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(a) ý |
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Delaware limited partnership U.S.A. |
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0 |
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Page 3 of 18
CUSIP NO. 903293405 |
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13G |
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Page 4 of 18 Pages |
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(a) ý |
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Delaware limited liability company U.S.A. |
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OO; HC |
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Page 4 of 18
CUSIP NO. 903293405 |
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13G |
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Page 5 of 18 Pages |
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(a) ý |
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U.S. Citizen U.S.A. |
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0 |
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IN; HC |
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Page 5 of 18
CUSIP NO. 903293405 |
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13G |
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Page 6 of 18 Pages |
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S.S. OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
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(a) ý |
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Illinois limited partnership |
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0 |
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0 |
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PN; HC |
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Page 6 of 18
CUSIP NO. 903293405 |
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13G |
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Page 7 of 18 Pages |
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S.S. OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
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(a) ý |
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Bermuda company |
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0 |
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0 |
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CO; HC |
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Page 7 of 18
CUSIP NO. 903293405 |
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13G |
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Page 8 of 18 Pages |
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S.S. OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
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(a) ý |
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Cayman Islands company |
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0 |
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0 |
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CO; HC |
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Page 8 of 18
CUSIP NO. 903293405 |
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13G |
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Page 9 of 18 Pages |
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S.S. OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
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(a) ý |
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Bermuda company |
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0 |
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0 |
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CO |
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Page 9 of 18
CUSIP NO. 903293405 |
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13G |
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Page 10 of 18 Pages |
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S.S. OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
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(a) ý |
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Cayman Islands company |
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0 |
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0 |
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0 |
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0 |
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Page 10 of 18
CUSIP NO. 903293405 |
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13G |
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Page 11 of 18 Pages |
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S.S. OR I.R.S.
IDENTIFICATION NO. OF ABOVE PERSON |
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(a) ý |
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Cayman Islands company |
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0 |
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0 |
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0 |
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CO; HC |
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Page 11 of 18
CUSIP NO. 903293405 |
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13G |
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Page 12 of 18 Pages |
Item 1(a) |
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Name of Issuer: |
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USG CORPORATION |
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1(b) |
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Address of Issuers Principal Executive Offices: |
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125 South Franklin Street |
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Item 2(a) |
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Name of Person Filing |
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Item 2(b) |
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Address of Principal Business Office |
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Item 2(c) |
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Citizenship |
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Citadel Limited Partnership |
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131 S. Dearborn Street, 32nd Floor |
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Chicago, Illinois 60603 |
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Illinois limited partnership |
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GLB Partners, L.P. |
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131 S. Dearborn Street, 32nd Floor |
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Chicago, Illinois 60603 |
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Delaware limited partnership |
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Citadel Investment Group, L.L.C. |
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131 S. Dearborn Street, 32nd Floor |
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Chicago, Illinois 60603 |
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Delaware limited liability company |
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Kenneth Griffin |
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131 S. Dearborn Street, 32nd Floor |
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Chicago, Illinois 60603 |
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U.S. Citizen |
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Citadel Wellington Partners L.P. |
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c/o Citadel Investment Group, L.L.C. |
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131 S. Dearborn Street, 32nd Floor |
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Chicago, Illinois 60603 |
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Illinois limited partnership |
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Citadel Kensington Global Strategies Fund Ltd. |
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c/o Citadel Investment Group, L.L.C. |
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131 S. Dearborn Street, 32nd Floor |
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Chicago, Illinois 60603 |
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Bermuda company |
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Page 12 of 18
CUSIP NO. 903293405 |
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13G |
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Page 13 of 18 Pages |
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Citadel Equity Fund Ltd. |
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c/o Citadel Investment Group, L.L.C. |
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131 S. Dearborn Street, 32nd Floor |
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Chicago, Illinois 60603 |
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Cayman Islands company |
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Aragon Investments, Ltd. |
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c/o Citadel Investment Group, L.L.C. |
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131 S. Dearborn Street, 32nd Floor |
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Chicago, Illinois 60603 |
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Bermuda company |
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Hera International Investments Ltd. |
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c/o Citadel Investment Group, L.L.C. |
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131 S. Dearborn Street, 32nd Floor |
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Chicago, Illinois 60603 |
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Cayman Islands company |
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Citadel Antaeus International Investments Ltd. |
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c/o Citadel Investment Group, L.L.C. |
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131 S. Dearborn Street, 32nd Floor |
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Chicago, Illinois 60603 |
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Cayman Islands company |
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2(d) |
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Title of Class of Securities: |
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Common Stock, par value $0.10 per share |
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2(e) |
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CUSIP Number: |
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903293405 |
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Item 3 |
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If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: |
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(a) |
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Broker or dealer registered under Section 15 of the Exchange Act; |
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(b) |
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Bank as defined in Section 3(a)(6) of the Exchange Act; |
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(c) |
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Insurance company as defined in Section 3(a)(19) of the Exchange Act; |
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(d) |
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Investment company registered under Section 8 of the Investment Company Act; |
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(e) |
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An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); |
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Page 13 of 18
CUSIP NO. 903293405 |
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13G |
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Page 14 of 18 Pages |
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(f) |
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An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); |
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(g) |
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A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); |
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(h) |
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A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; |
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(i) |
o |
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A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; |
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(j) |
o |
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Group, in accordance with Rule 13d-1(b)(1)(ii)(J). |
If this statement is filed pursuant to Rule 13d-1(c), check this box. ý
Item 4 |
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Ownership: |
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CITADEL LIMITED PARTNERSHIP
GLB PARTNERS, L.P.
CITADEL INVESTMENT GROUP, L.L.C.
KENNETH GRIFFIN
CITADEL WELLINGTON PARTNERS L.P.
CITADEL KENSINGTON GLOBAL STRATEGIES FUND LTD.
CITADEL EQUITY FUND LTD.
ARAGON INVESTMENTS, LTD.
(a) Amount beneficially owned:
Call options to purchase
850,000 shares of Common Stock
237,900 shares of Common Stock
(b) Percent of Class:
Approximately 2.5% as of as of December 31, 2003 (based on 43,052,119 shares of Common Stock issued and outstanding as of September 30, 2003).
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
0
(ii) shared power to vote or to direct the vote:
See item (a) above.
Page 14 of 18
CUSIP NO. 903293405 |
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13G |
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Page 15 of 18 Pages |
(iii) sole power to dispose or to direct the disposition of:
0
(iv) shared power to dispose or to direct the disposition of:
See item (a) above.
HERA INTERNATIONAL INVESTMENTS LTD.
CITADEL ANTAEUS INTERNATIONAL INVESTMENTS LTD.
(a) Amount beneficially owned:
0
(b) Percent of Class:
0.0%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
0
(ii) shared power to vote or to direct the vote:
See item (a) above.
(iii) sole power to dispose or to direct the disposition of:
0
(iv) shared power to dispose or to direct the disposition of:
See item (a) above.
Item 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 ý.
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
Not Applicable.
Page 15 of 18
CUSIP NO. 903293405 |
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13G |
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Page 16 of 18 Pages |
Item 7 Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company:
See Item 2 above.
Item 8 Identification and Classification of Members of the Group:
Not Applicable.
Item 9 Notice of Dissolution of Group:
Not Applicable.
Item 10 Certification:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
* Adam C. Cooper is signing on behalf of Kenneth Griffin as attorney-in-fact pursuant to a power of attorney previously filed with the Securities and Exchange Commission on November 19, 2002, and hereby incorporated by reference herein. The power of attorney was filed as an attachment to a filing by Citadel Limited Partnership on Form 3 for Metals USA, Inc.
Page 16 of 18
CUSIP NO. 903293405 |
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13G |
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Page 17 of 18 Pages |
After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
Dated this 11th day of February, 2004 |
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KENNETH GRIFFIN |
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By: |
/s/ Adam C. Cooper |
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Adam C. Cooper, attorney-in-fact* |
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CITADEL LIMITED PARTNERSHIP |
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CITADEL INVESTMENT GROUP, L.L.C. |
By: |
GLB
Partners, L.P., |
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By: |
/s/ Adam C. Cooper |
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Adam C.
Cooper, Senior Managing |
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By: |
Citadel
Investment Group, L.L.C., |
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CITADEL EQUITY FUND LTD. |
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By: |
/s/ Adam C. Cooper |
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By: |
Citadel
Limited Partnership, |
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Adam C.
Cooper, Senior Managing |
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GLB PARTNERS, L.P. |
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By: |
GLB
Partners, L.P., |
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By: |
Citadel
Investment Group, L.L.C., |
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By: |
Citadel
Investment Group, L.L.C., |
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By: |
/s/ Adam C. Cooper |
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By: |
/s/ Adam C. Cooper |
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Adam C.
Cooper, Senior Managing |
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Adam C.
Cooper, Senior Managing |
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CITADEL WELLINGTON PARTNERS |
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CITADEL KENSINGTON GLOBAL |
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By: |
Citadel
Limited Partnership, |
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By: |
Citadel
Limited Partnership, |
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By: |
GLB
Partners, L.P., |
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By: |
GLB
Partners, L.P., |
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By: |
Citadel
Investment Group, L.L.C., |
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By: |
Citadel
Investment Group, L.L.C., |
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By: |
/s/ Adam C. Cooper |
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By: |
/s/ Adam C. Cooper |
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Adam C.
Cooper, Senior Managing |
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Adam C.
Cooper, Senior Managing |
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Page 17 of 18
CUSIP NO. 903293405 |
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13G |
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Page 18 of 18 Pages |
HERA INTERNATIONAL INVESTMENTS |
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CITADEL ANTAEUS INTERNATIONAL |
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By: |
Citadel
Limited Partnership, |
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By: |
Citadel
Limited Partnership, |
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By: |
GLB
Partners, L.P., |
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By: |
GLB
Partners, L.P., |
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By: |
Citadel
Investment Group, L.L.C., |
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By: |
Citadel
Investment Group, L.L.C., |
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By: |
/s/ Adam C. Cooper |
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By: |
/s/ Adam C. Cooper |
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Adam C.
Cooper, Senior Managing |
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Adam C.
Cooper, Senior Managing |
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ARAGON INVESTMENTS, LTD. |
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By: |
Citadel
Limited Partnership, |
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By: |
GLB
Partners, L.P., |
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By: |
Citadel
Investment Group, L.L.C., |
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By: |
/s/ Adam C. Cooper |
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Adam C.
Cooper, Senior Managing |
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Page 18 of 18