-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CbKzCzicbtxc2r6JbgTrYGVazwZFlspUyRdFH4/NBN75VQsGKKh/M8Kz3bWjCecD Ia4cC8o487Li69qIJTexZA== 0000927016-02-000933.txt : 20020414 0000927016-02-000933.hdr.sgml : 20020414 ACCESSION NUMBER: 0000927016-02-000933 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020214 GROUP MEMBERS: HIGHFIELDS CAPITAL LTD. GROUP MEMBERS: HIGHFIELDS GP LLC GROUP MEMBERS: JONATHON S. JACOBSON GROUP MEMBERS: RICHARD L. GRUBMAN FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HIGHFIELDS CAPITAL MANAGEMENT LP CENTRAL INDEX KEY: 0001079563 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 200 CLARENDON STREET 51ST FLOOR CITY: BOSTON STATE: MA ZIP: 02117 BUSINESS PHONE: 6178507500 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PACTIV CORP CENTRAL INDEX KEY: 0001089976 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, FOIL & COATED PAPER BAGS [2673] IRS NUMBER: 362552989 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-57157 FILM NUMBER: 02545766 BUSINESS ADDRESS: STREET 1: 1900 WEST FIELD CT CITY: LAKE FOREST STATE: IL ZIP: 60045 BUSINESS PHONE: 8474822000 MAIL ADDRESS: STREET 1: 1900 WEST FIELD CT CITY: LAKE FOREST STATE: IL ZIP: 60045 FORMER COMPANY: FORMER CONFORMED NAME: TENNECO PACKAGING INC DATE OF NAME CHANGE: 19990706 SC 13G/A 1 dsc13ga.txt SCHEDULE 13G/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ---------- SCHEDULE 13G (Amendment No. 3) INFORMATION STATEMENT PURSUANT TO RULES 13d-1 and 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 Pactiv Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, Par Value $.01 Per Share - -------------------------------------------------------------------------------- (Title of Class of Securities) 695257105 - -------------------------------------------------------------------------------- (CUSIP Number) - ------------------- ------------------ CUSIP No. 695257105 13G/A Page 2 of 12 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Highfields Capital Management LP - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |_| - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER 7,321,501 SHARES BENEFICIALLY -------------------------------------------------- OWNED BY EACH REPORTING 6. SHARED VOTING POWER --0-- PERSON WITH -------------------------------------------------- 7. SOLE DISPOSITIVE POWER 7,321,501 -------------------------------------------------- 8. SHARED DISPOSITIVE POWER --0-- - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,321,501 - ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES |_| CERTAIN SHARES - ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.6% - ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON PN - ------------------------------------------------------------------------------- - ------------------- ------------------ CUSIP No. 695257105 13G/A Page 3 of 12 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Highfields GP LLC - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |_| - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER 7,321,501 SHARES -------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER --0-- -------------------------------------------------- OWNED BY 7. SOLE DISPOSITIVE POWER 7,321,501 EACH REPORTING -------------------------------------------------- PERSON WITH 8. SHARED DISPOSITIVE POWER --0-- - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,321,501 - ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES |_| CERTAIN SHARES - ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.6% - ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON OO - ------------------------------------------------------------------------------- - ------------------- ------------------ CUSIP No. 695257105 13G/A Page 4 of 12 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Jonathon S. Jacobson - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |_| - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER 7,321,501 SHARES BENEFICIALLY -------------------------------------------------- OWNED BY EACH REPORTING 6. SHARED VOTING POWER --0-- PERSON WITH -------------------------------------------------- 7. SOLE DISPOSITIVE POWER 7,321,501 -------------------------------------------------- 8. SHARED DISPOSITIVE POWER --0-- - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,321,501 - ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.6% - ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------- - ------------------- ------------------ CUSIP No. 695257105 13G/A Page 5 of 12 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Richard L. Grubman - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |_| - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF SHARES 5. SOLE VOTING POWER 7,321,501 BENEFICIALLY OWNED BY -------------------------------------------------- EACH REPORTING PERSON WITH 6. SHARED VOTING POWER --0-- -------------------------------------------------- 7. SOLE DISPOSITIVE POWER 7,321,501 -------------------------------------------------- 8. SHARED DISPOSITIVE POWER --0-- - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,321,501 - ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.6% - ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------- - ------------------- ------------------ CUSIP No. 695257105 13G/A Page 6 of 12 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Highfields Capital Ltd. - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |_| - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - ------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER 4,995,512 SHARES BENEFICIALLY -------------------------------------------------- OWNED BY EACH 6. SHARED VOTING POWER --0-- REPORTING PERSON WITH -------------------------------------------------- 7. SOLE DISPOSITIVE POWER 4,995,512 -------------------------------------------------- 8. SHARED DISPOSITIVE POWER --0-- - ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,995,512 - ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 3.1% - ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON OO - ------------------------------------------------------------------------------- - ------------------- ------------------ CUSIP No. 695257105 13G/A Page 7 of 12 Pages - ------------------- ------------------ Item 1(a). Name of Issuer: Pactiv Corporation Item 1(b). Address of Issuer's Principal Executive Offices: 1900 West Field Court, Lake Forest, IL 60045 Item 2(a). Name of Person Filing: This statement is being filed by the following persons with respect to the shares of common stock of the Issuer directly owned by Highfields Capital I LP, Highfields Capital II LP and Highfields Capital Ltd. (collectively, the "Funds"): (i) Highfields Capital Management LP, a Delaware limited partnership ("Highfields Capital Management") and Investment Manager to each of the Funds, (ii) Highfields GP LLC, a Delaware limited liability company ("Highfields GP") and the General Partner of Highfields Capital Management, (iii) Jonathon S. Jacobson, a Managing Member of Highfields GP, and (iv) Richard L. Grubman, a Managing Member of Highfields GP. This statement is also being filed by Highfields Capital Ltd., an exempted limited company organized under the laws of the Cayman Islands, with respect to the shares of common stock of the Issuer owned by Highfields Capital Ltd. (which shares of common stock are also included in the filings for Highfields Capital Management, Highfields GP, Mr. Jacobson and Mr. Grubman). Highfields Capital Management, Highfields GP, Mr. Jacobson, Mr. Grubman and Highfields Capital Ltd. are sometimes individually referred to herein as a "Reporting Person" and collectively as the "Reporting Persons." Item 2(b). Address of Principal Business Office or, if None, Residence: Address for Highfields Capital Management, Highfields GP, Mr. Jacobson and Mr. Grubman: c/o Highfields Capital Management LP 200 Clarendon Street Boston, Massachusetts 02116 - ------------------- ------------------ CUSIP No. 695257105 13G/A Page 8 of 12 Pages - ------------------- ------------------ Address for Highfields Capital Ltd.: c/o Goldman Sachs (Cayman) Trust, Limited Harbour Centre, Second Floor George Town, Grand Cayman Cayman Islands Item 2(c). Citizenship: Highfields Capital Management - Delaware Highfields GP - Delaware Jonathon S. Jacobson - United States Richard L. Grubman - United States Highfields Capital Ltd. - Cayman Islands Item 2(d). Title of Class of Securities: Common Stock, par value $.01 per share Item 2(e). CUSIP Number: 695257105 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) |_| Broker or dealer registered under Section 15 of the Exchange Act. (b) |_| Bank as defined in Section 3(a)(6) of the Exchange Act. (c) |_| Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) |_| Investment company registered under Section 8 of the Investment Company Act. (e) |_| An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) |_| An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) |_| A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); - ------------------- ------------------ CUSIP No. 695257105 13G/A Page 9 of 12 Pages - ------------------- ------------------ (h) |_| A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) |_| A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1. For Highfields Capital Management, Highfields GP, Mr. Jacobson and Mr. Grubman: (a) Amount beneficially owned: 7,321,501 shares of Common Stock (b) Percent of class: 4.6% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 7,321,501 (ii) Shared power to vote or to direct the vote --0-- (iii) Sole power to dispose or to direct the disposition of 7,321,501 (iv) Shared power to dispose or to direct the disposition of --0-- For Highfields Capital Ltd.: (a) Amount beneficially owned: 4,995,512 shares of Common Stock (b) Percent of class: 3.1% - ------------------- ------------------- CUSIP No. 695257105 13G/A Page 10 of 12 Pages - ------------------- ------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 4,995,512 (ii) Shared power to vote or to direct the vote --0-- (iii) Sole power to dispose or to direct the disposition of 4,995,512 (iv) Shared power to dispose or to direct the disposition of --0-- Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report 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 |X|. Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable. 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. - ------------------- ------------------- CUSIP No. 695257105 13G/A Page 11 of 12 Pages - ------------------- ------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 14, 2002 ----------------- Date HIGHFIELDS CAPITAL MANAGEMENT LP By: Highfields GP LLC, its General Partner /s/ Kenneth H. Colburn ----------------------------------------------------- Signature Kenneth H. Colburn, Authorized Signatory ----------------------------------------------------- Name/Title HIGHFIELDS GP LLC /s/ Kenneth H. Colburn ----------------------------------------------------- Signature Kenneth H. Colburn, Authorized Signatory ----------------------------------------------------- Name/Title JONATHON S. JACOBSON /s/ Kenneth H. Colburn ----------------------------------------------------- Signature Kenneth H. Colburn, Attorney-in-Fact ----------------------------------------------------- Name/Title RICHARD L. GRUBMAN /s/ Kenneth H. Colburn ----------------------------------------------------- Signature Kenneth H. Colburn, Attorney-in-Fact ----------------------------------------------------- Name/Title - ------------------- ------------------- CUSIP No. 695257105 13G/A Page 12 of 12 Pages - ------------------- ------------------- HIGHFIELDS CAPITAL LTD. By: Highfields Capital Management LP, its Investment Manager By: Highfields GP LLC, its General Partner /s/ Kenneth H. Colburn ----------------------------------------------------- Signature Kenneth H. Colburn, Authorized Signatory ----------------------------------------------------- Name/Title -----END PRIVACY-ENHANCED MESSAGE-----