(Amendment No. 1)
Idenix Pharmaceuticals, Inc.
|
Common Stock
|
45166R204
|
Seth A. Klarman
The Baupost Group, L.L.C.
10 St. James Avenue, Suite 1700
Boston, Massachusetts 02116
(617) 210-8300
With a copy to:
Jeffrey R. Katz, Esq
Ropes and Gray LLP
Prudential Tower
800 Boylston Street
Boston, MA 02199-3600
|
January 31, 2014
|
*
|
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 disclosures provided in a prior cover page.
|
CUSIP NO. 45166R204
|
13D
|
PAGE 2 OF 10 |
1.
|
NAME OF REPORTING PERSON, S.S. OR I.R.S. IDENTIFICATION NO.OF ABOVE PERSON
|
|
The Baupost Group, L.L.C., 04-3402144
|
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
|
(a)
|
|
(b) X
|
3.
|
SEC USE ONLY
|
4.
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
|
AF
|
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
¨
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
The Commonwealth of Massachusetts
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON:
|
7.
|
WITH SOLE VOTING POWER
|
|
0
|
8.
|
WITH SHARED VOTING POWER
|
|
53,331,109
|
9.
|
WITH SOLE DISPOSITIVE POWER
|
|
0
|
10.
|
WITH SHARED DISPOSITIVE POWER
|
|
53,331,109
|
|
53,331,109
|
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
¨
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)*
|
|
35.38%
|
|
IA
|
CUSIP NO. 45166R204
|
13D
|
PAGE 3 OF 10 |
1.
|
NAME OF REPORTING PERSON, S.S.OR I.R.S. IDENTIFICATION NO.OF ABOVE PERSON
|
|
Baupost Value Partners, L.P. - IV, 26-2208448
|
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
|
(a)
|
|
(b) X
|
3.
|
SEC USE ONLY
|
4.
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
WC
|
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
¨
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
The State of Delaware
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON:
|
7.
|
WITH SOLE VOTING POWER
|
|
0
|
8.
|
WITH SHARED VOTING POWER
|
|
14,996,736
|
9.
|
WITH SOLE DISPOSITIVE POWER
|
|
0
|
10.
|
WITH SHARED DISPOSITIVE POWER
|
|
14,996,736
|
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
14,996,736
|
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
¨
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) *
|
|
9.95%
|
14.
|
TYPE OF REPORTING PERSON
|
|
PN
|
CUSIP NO. 45166R204
|
13D
|
PAGE 4 OF 10 |
1.
|
NAME OF REPORTING PERSON, S.S.OR I.R.S. IDENTIFICATION NO.OF ABOVE PERSON
|
|
Baupost Limited Partnership 1983 C-1, 04-2780321
|
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
|
(a)
|
|
(b) X
|
3.
|
SEC USE ONLY
|
4.
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
WC
|
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
¨
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
The State of Delaware
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON:
|
7.
|
WITH SOLE VOTING POWER
|
|
0
|
8.
|
WITH SHARED VOTING POWER
|
|
13,269,406
|
9.
|
WITH SOLE DISPOSITIVE POWER
|
|
0
|
10.
|
WITH SHARED DISPOSITIVE POWER
|
|
13,269,406
|
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
13,269,406
|
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
¨
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)*
|
|
8.80%
|
14.
|
TYPE OF REPORTING PERSON
|
|
PN
|
CUSIP NO. 45166R204
|
13D
|
PAGE 5 OF 10 |
1.
|
NAME OF REPORTING PERSON, S.S. OR I.R.S. IDENTIFICATION NO.OF ABOVE PERSON
|
|
SAK Corporation, 04-3334541
|
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
|
(a)
|
|
(b) X
|
3.
|
SEC USE ONLY
|
4.
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
AF
|
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
¨
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
The Commonwealth of Massachusetts
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON:
|
7.
|
WITH SOLE VOTING POWER
|
|
0
|
8.
|
WITH SHARED VOTING POWER
|
|
53,331,109
|
9.
|
WITH SOLE DISPOSITIVE POWER
|
|
0
|
10.
|
WITH SHARED DISPOSITIVE POWER
|
|
53,331,109
|
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
53,331,109
|
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
¨
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)*
|
|
35.38%
|
14.
|
TYPE OF REPORTING PERSON
|
|
HC
|
|
CUSIP NO. 45166R204
|
13D
|
PAGE 6 OF 10 |
1.
|
NAME OF REPORTING PERSON, S.S.OR I.R.S. IDENTIFICATION NO.OF ABOVE PERSON
|
|
Seth A. Klarman
|
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
|
(a)
|
|
(b) X
|
3.
|
SEC USE ONLY
|
4.
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
AF
|
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
¨
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
The United States of America
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON:
|
7.
|
WITH SOLE VOTING POWER
|
|
0
|
8.
|
WITH SHARED VOTING POWER
|
|
53,331,109
|
9.
|
WITH SOLE DISPOSITIVE POWER
|
|
0
|
10.
|
WITH SHARED DISPOSITIVE POWER
|
|
53,331,109
|
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
53,331,109
|
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
¨
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)*
|
|
35.38%
|
14.
|
TYPE OF REPORTING PERSON
|
CUSIP NO. 45166R204
|
13D
|
PAGE 7 OF 10 |
CUSIP NO. 45166R204
|
13D
|
PAGE 8 OF 10 |
(a)
|
The responses to Items 7-13 of the cover pages of this Schedule 13D are incorporated herein by reference.
|
(b)
|
The responses to Items 7-13 of the cover pages of this Schedule 13D are incorporated herein by reference.
|
(c)
|
The trading dates, price per share and number of shares of Common Stock purchased or sold in the open market within the last 60 days, are set forth below:
|
Name | Date* | Price Per Share | Number of Shares Purchased/(Sold)** |
Baupost | 1/31/14 | $6.50 | 16,420,241 |
(d)
|
No other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock set forth above.
|
(e)
|
Not Applicable.
|
CUSIP NO. 45166R204
|
13D
|
PAGE 9 OF 10 |
CUSIP NO. 45166R204
|
13D
|
PAGE 10 OF 10 |