0000902664-13-000082.txt : 20130110 0000902664-13-000082.hdr.sgml : 20130110 20130110141732 ACCESSION NUMBER: 0000902664-13-000082 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130110 DATE AS OF CHANGE: 20130110 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SUNRISE SENIOR LIVING INC CENTRAL INDEX KEY: 0001011064 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-NURSING & PERSONAL CARE FACILITIES [8050] IRS NUMBER: 541746596 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-46163 FILM NUMBER: 13522539 BUSINESS ADDRESS: STREET 1: 7902 WESTPARK DR CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: 7032737500 MAIL ADDRESS: STREET 1: 7902 WESTPARK DR CITY: MCLEAN STATE: VA ZIP: 22102 FORMER COMPANY: FORMER CONFORMED NAME: SUNRISE ASSISTED LIVING INC DATE OF NAME CHANGE: 19960321 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CARLSON CAPITAL L P CENTRAL INDEX KEY: 0001056973 IRS NUMBER: 752494317 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2100 MCKINNEY AVE STREET 2: STE 1800 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2149329600 MAIL ADDRESS: STREET 1: 2100 MCKINNEY AVE STREET 2: STE 1800 CITY: DALLAS STATE: TX ZIP: 75201 SC 13G/A 1 p13-0071sc13ga.htm SUNRISE SENIOR LIVING, INC. p13-0071sc13ga.htm

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
SCHEDULE 13G/A
 
 
Under the Securities Exchange Act of 1934
 
(Amendment No. 1)*
 
Sunrise Senior Living, Inc.
(Name of Issuer)
 
Common Stock, par value $0.01 per share
(Title of Class of Securities)
 
86768K106
(CUSIP Number)
 
December 27, 2012
(Date of Event Which Requires Filing of this Statement)
 
 
Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed:
 
x
Rule 13d-1(b)
¨
Rule 13d-1(c)
¨
Rule 13d-1(d)
 
(Page 1 of 10 Pages)

______________________________
* The remainder of this cover page 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 (the "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.  86768K106
 
13G/A
Page 2  of  10 Pages



     
1
NAMES OF REPORTING PERSONS
Double Black Diamond Offshore Ltd.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨
(b) x
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
5
SOLE VOTING POWER
- 0 -
6
SHARED VOTING POWER
- 0 -
7
SOLE DISPOSITIVE POWER
- 0 -
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)
0.0%
12
TYPE OF REPORTING PERSON
CO


 
 

 
CUSIP No.  86768K106
 
13G/A
Page  3  of 10  Pages



     
1
NAMES OF REPORTING PERSONS
Black Diamond Offshore Ltd.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨
(b) x
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
5
SOLE VOTING POWER
- 0 -
6
SHARED VOTING POWER
- 0 -
7
SOLE DISPOSITIVE POWER
- 0 -
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)
0.0%
12
TYPE OF REPORTING PERSON
CO


 
 

 
CUSIP No.  86768K106
 
13G/A
Page  4  of 10  Pages



     
1
NAMES OF REPORTING PERSONS
Black Diamond Relative Value Offshore Ltd.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨
(b) x
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
5
SOLE VOTING POWER
- 0 -
6
SHARED VOTING POWER
- 0 -
7
SOLE DISPOSITIVE POWER
- 0 -
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)
0.0%
12
TYPE OF REPORTING PERSON
CO

 
 

 
CUSIP No.  86768K106
 
13G/A
Page  5  of 10  Pages



     
1
NAMES OF REPORTING PERSONS
Carlson Capital, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨
(b) x
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
5
SOLE VOTING POWER
- 0 -
6
SHARED VOTING POWER
- 0 -
7
SOLE DISPOSITIVE POWER
- 0 -
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)
0.0 %
12
TYPE OF REPORTING PERSON
PN; IA


 
 

 
CUSIP No.  86768K106
 
13G/A
Page  6  of 10  Pages



     
1
NAMES OF REPORTING PERSONS
Asgard Investment Corp.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨
(b) x
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
5
SOLE VOTING POWER
- 0 -
6
SHARED VOTING POWER
- 0 -
7
SOLE DISPOSITIVE POWER
- 0 -
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)
0.0%
12
TYPE OF REPORTING PERSON
CO


 
 

 
CUSIP No.  86768K106
 
13G/A
Page  7  of 10  Pages



     
1
NAMES OF REPORTING PERSONS
Clint D. Carlson
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨
(b) x
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
5
SOLE VOTING POWER
- 0 -
6
SHARED VOTING POWER
- 0 -
7
SOLE DISPOSITIVE POWER
- 0 -
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)
0.0%
12
TYPE OF REPORTING PERSON
IN


 
 

 
CUSIP No.  86768K106
 
13G/A
Page  8  of 10  Pages


This Amendment No. 1 ("Amendment No. 1") amends and supplements the statement on Schedule 13G, filed with the Securities and Exchange Commission on January 10, 2012 (the "Original Schedule 13G" and together with this Amendment No. 1, the "Schedule 13G") with respect to the common stock, par value $0.01 per share (the "Common Stock"), of Sunrise Senior Living, Inc. (the "Company").  Capitalized terms used herein and not otherwise defined in this Amendment No. 1 have the meanings set forth in the Schedule 13G. This Amendment No. 1 amends Items 4 and 5 as set forth below. This Amendment No. 1 constitutes an "exit filing" with respect to the Schedule 13G for the Reporting Persons.


Item 4.
OWNERSHIP.

   
A. Double Offshore:
(a) Amount beneficially owned: 0 shares of Common Stock
(b) Percent of class: 0.0%
(c) (i) Sole power to vote or direct the vote: -0-
     (ii) Shared power to vote or direct the vote: -0-
    (iii) Sole power to dispose or direct the disposition: -0-
    (iv) Shared power to dispose or direct the disposition: -0-
   
B. Offshore:
(a) Amount beneficially owned: 0 shares of Common Stock
(b) Percent of class: 0.0%
(c) (i) Sole power to vote or direct the vote: -0-
     (ii) Shared power to vote or direct the vote: -0-
    (iii) Sole power to dispose or direct the disposition: -0-
    (iv) Shared power to dispose or direct the disposition: -0-
   
C. Relative Value Offshore:
(a) Amount beneficially owned: 0 shares of Common Stock
(b) Percent of class: 0.0%
(c) (i) Sole power to vote or direct the vote: -0-
     (ii) Shared power to vote or direct the vote: -0-
    (iii) Sole power to dispose or direct the disposition: -0-
    (iv) Shared power to dispose or direct the disposition: -0-
   
D. Carlson Capital:
(a) Amount beneficially owned: 0 shares of Common Stock
(b) Percent of class: 0.0%
(c) (i) Sole power to vote or direct the vote: -0-
     (ii) Shared power to vote or direct the vote: -0-
    (iii) Sole power to dispose or direct the disposition: -0-
    (iv) Shared power to dispose or direct the disposition: -0-
   
E. Asgard:
(a) Amount beneficially owned: 0 shares of Common Stock
(b) Percent of class: 0.0%
(c) (i) Sole power to vote or direct the vote: -0-
     (ii) Shared power to vote or direct the vote: -0-
    (iii) Sole power to dispose or direct the disposition: -0-
    (iv) Shared power to dispose or direct the disposition: -0-
   
A. Mr. Carlson:
(a) Amount beneficially owned: 0 shares of Common Stock
(b) Percent of class: 0.0%
(c) (i) Sole power to vote or direct the vote: -0-
     (ii) Shared power to vote or direct the vote: -0-
    (iii) Sole power to dispose or direct the disposition: -0-
    (iv) Shared power to dispose or direct the disposition: -0-
 
 
 
 

 
CUSIP No.  86768K106
 
13G/A
Page  9  of 10  Pages

 
 
   
 
The Company's Proxy Statement on Schedule 14A, filed on December 5, 2012, indicates that the total number of outstanding shares of Common Stock as of November 21, 2012 was 61,094,528.  The percentages used herein and in the rest of the Schedule 13G are based upon such number of shares of Common Stock outstanding.

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 persons has ceased to be the beneficial owner of more than 5% of the class of securities, check the following [X].


 
 

 
CUSIP No.  86768K106
 
13G/A
Page  10  of 10  Pages



SIGNATURES
 
After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
 
DATED:  January 10, 2013


 
DOUBLE BLACK DIAMOND OFFSHORE LTD.
By: Carlson Capital, L.P., its investment manager
 
/s/ Clint D. Carlson
Name:        Clint D. Carlson
Title:          President
 
 
BLACK DIAMOND OFFSHORE LTD.
By: Carlson Capital, L.P., its investment manager
 
/s/ Clint D. Carlson
Name:        Clint D. Carlson
Title:          President
 
 
BLACK DIAMOND RELATIVE VALUE OFFSHORE LTD.
By: Carlson Capital, L.P., its investment manager
 
/s/ Clint D. Carlson
Name:        Clint D. Carlson
Title:          President
 
 
CARLSON CAPITAL, L.P.
 
/s/ Clint D. Carlson
Name:        Clint D. Carlson
Title:          President
 
ASGARD INVESTMENT CORP.
 
/s/ Clint D. Carlson
Name:        Clint D. Carlson
Title:          President
 
 
/s/ Clint D. Carlson
Name:        Clint D. Carlson