Prospectus Supplement No. 1 | Filed Pursuant to Rule 424(b)(7) | |
(to Prospectus dated April 16, 2008) | Registration No. 333-150273 |
Principal | ||||||||||||||||||||||||||||
Number of | Number of | Amount of | Number of | |||||||||||||||||||||||||
Principal Amount | Percent of | Shares | Principal Amount | Shares to be | Notes | Shares | ||||||||||||||||||||||
of Notes | Principal | Beneficially | of Notes to be Sold | Sold Pursuant | Beneficially | Beneficially | ||||||||||||||||||||||
Name of Selling | Beneficially Owned | Amount of | Owned Prior | Pursuant to this | to this | Owned After | Owned After | |||||||||||||||||||||
Securityholder | Prior to Offering | Notes | to Offering(1) | Prospectus | Prospectus(1) | Offering | Offering | |||||||||||||||||||||
Amarillo Select Managers
Fund(37) |
90,000 | * | 1,072 | 90,000 | 1,072 | | | |||||||||||||||||||||
BNP Paribas Arbitrage(a)(38) |
4,000,000 | * | 47,656 | 4,000,000 | 47,656 | | | |||||||||||||||||||||
Chrysler LLC Master Retirement
Trust/Palisade Fixed
Income(39) |
2,486,000 | * | 29,618 | 2,486,000 | 29,618 | | | |||||||||||||||||||||
D.E. Shaw Valence Portfolios,
L.L.C.(a)(40) |
9,100,000 | 1.92 | % | 108,419 | 9,100,000 | 108,419 | | | ||||||||||||||||||||
Diamondback Master Fund,
Ltd.(41) |
6,000,000 | 1.26 | % | 71,485 | 6,000,000 | 71,485 | | | ||||||||||||||||||||
Florida Power and Light Group Employee
Pension Plan/Palisade Fixed
Income(39) |
764,000 | * | 9,102 | 764,000 | 9,102 | | |
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Principal | ||||||||||||||||||||||||||||
Number of | Number of | Amount of | Number of | |||||||||||||||||||||||||
Principal Amount | Percent of | Shares | Principal Amount | Shares to be | Notes | Shares | ||||||||||||||||||||||
of Notes | Principal | Beneficially | of Notes to be Sold | Sold Pursuant | Beneficially | Beneficially | ||||||||||||||||||||||
Name of Selling | Beneficially Owned | Amount of | Owned Prior | Pursuant to this | to this | Owned After | Owned After | |||||||||||||||||||||
Securityholder | Prior to Offering | Notes | to Offering(1) | Prospectus | Prospectus(1) | Offering | Offering | |||||||||||||||||||||
GMIMCO Trust (General Motors Mgmt
Investment Co.)(42)(43) |
1,773,000 | * | 21,123 | 1,773,000 | 21,123 | | | |||||||||||||||||||||
LibertyView Convertible Arbitrage Fund
LP(a)(37) |
600,000 | * | 7,148 | 600,000 | 7,148 | | | |||||||||||||||||||||
LibertyView Funds LP(a)(37) |
1,650,000 | * | 19,658 | 1,650,000 | 19,658 | | | |||||||||||||||||||||
McMahan Securities Co.
L.P.(a)(44) |
175,000 | * | 2,084 | 175,000 | 2,084 | | | |||||||||||||||||||||
Northwestern Mutual Life Insurance
Company General Account,
The(a)(45) |
13,250,000 | 2.79 | % | 157,863 | 13,250,000 | 157,863 | | | ||||||||||||||||||||
Northwestern Mutual Life Insurance
Company Group Annuity Separate
Account, The(a)(45) |
250,000 | * | 2,978 | 250,000 | 2,978 | | | |||||||||||||||||||||
Nuveen Pref. & Conv. Multi-Strategy
#1(46) |
600,000 | * | 7,148 | 600,000 | 7,148 | | | |||||||||||||||||||||
Nuveen Pref. & Conv. Multi-Strategy
#2(46) |
900,000 | * | 10,722 | 900,000 | 10,722 | | | |||||||||||||||||||||
Objectif Convertibles
SICAV(47) |
1,400,000 | * | 16,679 | 1,400,000 | 16,679 | | | |||||||||||||||||||||
Oppenheimer Convertible Securities
Fund(a)(48) |
4,000,000 | * | 47,656 | 4,000,000 | 47,656 | | | |||||||||||||||||||||
Police & Fire Retirement System of the
City of Detroit(42)(49) |
779,000 | * | 9,281 | 779,000 | 9,281 | | | |||||||||||||||||||||
RMF Umbrella SICAV(50) |
1,000,000 | * | 11,914 | 1,000,000 | 11,914 | | | |||||||||||||||||||||
Topaz Fund(a)(51) |
750,000 | * | 8,935 | 750,000 | 8,935 | | | |||||||||||||||||||||
Trust D for a Portion of the Assets of
the Kodak Retirement Income
Plan(37) |
660,000 | * | 7,863 | 660,000 | 7,863 | | | |||||||||||||||||||||
Trustmark Insurance
Company(42)(52) |
511,000 | * | 6,088 | 511,000 | 6,088 | | | |||||||||||||||||||||
Wachovia Capital Markets
LLC(a)(53) |
6,042,000 | 1.27 | % | 71,985 | 6,042,000 | 71,985 | | |
(a) | The selling securityholders identified have indicated that they are, or are affiliates of, registered broker-dealers. These selling securityholders have represented that they acquired their securities in the ordinary course of business and, at the time of the acquisition of the securities, had no agreements or understandings, directly or indirectly, with any person to distribute the securities. To the extent that we become aware that any such selling securityholder did not acquire its securities in the ordinary course of business or did have such an agreement or understanding, we will file a post-effective amendment to the registration statement of which this prospectus is a part to designate such person as an underwriter within the meaning of the Securities Act. | |
(1) | Assumes conversion of all of the holders notes at a conversion rate of 11.9142 shares of common stock per $1,000 principal amount of notes and that no fractional shares will be issued upon a conversion of the notes. |
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(37) | Neuberger Berman, LLC is the common investment advisor for each selling securityholder and has voting and dispositive power over the securities beneficially owned by such selling securityholders, which is exercised by Richard A. Meckler. Because they have hired a common investment advisor, these entities are likely to vote together. Additionally, there may be common investors within the different accounts managed by the same investment advisor. The General Partner of LibertyView Convertible Arbitrage Fund LP and LibertyView Funds LP is Neuberger Berman Asset Management, LLC, which is affiliated with Neuberger Berman, LLC, a registered broker-dealer. The notes were purchased for investment in the ordinary course of business and at the time of purchase, there were no agreements or understandings, directly or indirectly, with any person to distribute the notes. Amarillo Select Managers Fund and Trust D for a Portion of the Assets of the Kodak Retirement Income Plan are not in any way affiliated with a broker-dealer. | |
(38) | Yann Gerardin has voting power and investment control over the securities beneficially owned by BNP Paribas Arbitrage and may be deemed to be the beneficial owner of these securities. | |
(39) | Palisade Capital Management, L.L.C., referred to as Palisade Capital in this prospectus, is the investment advisor for each selling securityholder and has voting power and investment control over the securities beneficially owned by such selling securityholders and may be deemed to be the beneficial owner of these securities. Jack Feiler, Chief Investment Officer of Palisade Capital, has voting power and investment control over the securities beneficially owned by Palisade Capital and may be deemed to be the beneficial owner of these securities. | |
(40) | D.E. Shaw & Co., LP, referred to as D.E. Shaw LP in this prospectus, is the investment advisor for D.E. Shaw Valence Portfolios, L.L.C., referred to as D.E. Shaw Valence in this prospectus, and has voting power and investment control over the securities beneficially owned by D.E. Shaw Valence and may be deemed to be the beneficial owner of these securities. Julius Gaudio, Eric Wepsic, Maximilian Stone and Anne Dinning, of D.E. Shaw LP, or their designees, have voting power and investment control over the securities beneficially owned by D.E. Shaw LP and may be deemed to be the beneficial owners of these securities. | |
(41) | Tony Bechalany, Head Trader of Diamondback Master Fund, Ltd., referred to as Diamondback in this prospectus, has voting power and investment control over the securities beneficially owned by Diamondback and may be deemed to be the beneficial owner of these securities. | |
(42) | Advent Capital Management LLC, referred to as Advent Capital in this prospectus, is the investment manager for each selling securityholder and has voting power and investment control over the securities beneficially owned by such selling securityholders and may be deemed to be the beneficial owner of these securities. Tracy V. Maitland, President and CIO of Advent Capital, has voting power and investment control over the securities beneficially owned by Advent Capital and may be deemed to be the beneficial owner of these securities. | |
(43) | In this prospectus supplement, GMIMCO Trust (General Motors Mgmt Investment Co.) is updating its position in our notes to include an additional $100,000 from the $1,673,000 included in the prospectus dated April 16, 2008. This addition does not increase the total amount of notes that may be sold under this prospectus and instead reduces the amount shown in the row Other Securityholders Not Yet Identified in the table contained in the prospectus dated April 16, 2008. | |
(44) | David Bruce McMahan, Timothy Bowman, Patricia Ransom, Scott Dillinger and Jay Glassman, as members of the Executive Committee of McMahan Securities Co. L.P., referred to as McMahan in this prospectus, share voting power and investment control over the securities beneficially owned by McMahan and may be deemed to be the beneficial owners of these securities. McMahan has reported a short position in our common stock of 1,400 shares as of May 1, 2008. | |
(45) | NML Variable Annuity Account A and NML Variable Annuity Account C, separate accounts of The Northwestern Mutual Life Insurance Company, referred to as Northwestern Mutual in this prospectus, have variable annuity contracts registered under the Securities Act. As such, these separate accounts are not investment companies; however, Northwestern Mutual does file Exchange Act reports in respect of the two separate accounts. Northwestern Investment Management Company, LLC, referred to as NIMC in this prospectus, a wholly owned company of Northwestern Mutual, is the investment advisor to Northwestern Mutual with respect to the registrable securities. NIMC therefore may be deemed to be an indirect beneficial owner with shared voting power/investment power with respect to such securities. Jerome R. Baier is a portfolio manager for NIMC and manages the portfolio that holds the registrable securities and therefore may be deemed to be an indirect beneficial owner with shared voting power/investment power with respect to such securities. However, pursuant to Rule 13d-4 under the Exchange Act, the immediately preceding sentence shall not be construed as an admission that Mr. Baier is, for the |
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purposes of section 13(d) or 13(g) of the Exchange Act, the beneficial owner of these securities. Northwestern Mutual and its affiliates may, in the ordinary course of business, provide insurance or investment-related products to, or take part in transactions involving the real property of, us or our affiliates. However, Northwestern Mutual does not concede that the foregoing constitutes material relationships with us. | ||
(46) | Eric White, Trade Operations Manager at Symphony Asset Management, has voting power and investment control over the securities beneficially owned by each selling securityholder and may be deemed to be the beneficial owner of these securities. | |
(47) | Lazard Frères Gestion, a French Asset Management Company, under the supervision of the French regulator Autorité des Marchés Financier (AMF), has voting power and investment control over the securities beneficially owned by Objectif Convertible SICAV and may be deemed to be the beneficial owner of these securities. | |
(48) | Oppenheimer Funds, Inc. is the investment advisor to Oppenheimer Convertible Securities Fund, referred to as Oppenheimer Convertible in this prospectus, and has voting power and investment control over the securities beneficially owned by Oppenheimer Convertible and may be deemed to be the beneficial owner of these securities. | |
(49) | In this prospectus supplement, Police & Fire Retirement System of the City of Detroit is updating its position in our notes to include an additional $100,000 from the $669,000 included in the prospectus dated April 16, 2008. This addition does not increase the total amount of notes that may be sold under this prospectus and instead reduces the amount shown in the row Other Securityholders Not Yet Identified in the table contained in the prospectus dated April 16, 2008. | |
(50) | RMF Umbrella SICAV, referred to as RMF in this prospectus, is a self contained open ended investment fund founded under Luxembourg law. RMF has no management company or a single controlling shareholder. RMF issues shares of equal value and equal voting power and is controlled by all of its shareholders. RMFs board of directors is responsible for all investment decisions, for which trading decisions have been delegated to the advisor RMF Investment Management. | |
(51) | Robert Marx has voting power and investment control over the securities beneficially owned by Topaz Fund and may be deemed to be the beneficial owner of these securities. | |
(52) | In this prospectus supplement, Trustmark Insurance Company is updating its position in our notes to include an additional $75,000 from the $436,000 included in the prospectus dated April 16, 2008. This addition does not increase the total amount of notes that may be sold under this prospectus and instead reduces the amount shown in the row Other Securityholders Not Yet Identified in the table contained in the prospectus dated April 16, 2008. | |
(53) | Wachovia Corp., which is listed on the New York Stock Exchange, is the parent company of Wachovia Capital Markets LLC, referred to as Wachovia Capital in this prospectus, and has voting power and investment control over the securities beneficially owned by Wachovia Capital and may be deemed to be the beneficial owner of these securities. In this prospectus supplement, Wachovia Capital is updating its position in our notes to include an additional $930,000 from the $5,112,000 included in the prospectus dated April 16, 2008. This addition does not increase the total amount of notes that may be sold under this prospectus and instead reduces the amount shown in the row Other Securityholders Not Yet Identified in the table contained in the prospectus dated April 16, 2008. |
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