-----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, TvsN+dHwkRNo1vXp6L5yGr9E1Hic9ZePimgJvKEOUAwFEbsX8gU3L/SPN+r1xrgH jlINGrOAk/H4yOWSmPnrwQ== 0000891836-08-000095.txt : 20080527 0000891836-08-000095.hdr.sgml : 20080526 20080527082023 ACCESSION NUMBER: 0000891836-08-000095 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20080527 DATE AS OF CHANGE: 20080527 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ORIENT EXPRESS HOTELS LTD CENTRAL INDEX KEY: 0001115836 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 980223493 STATE OF INCORPORATION: D0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60303 FILM NUMBER: 08859477 BUSINESS ADDRESS: STREET 1: 22 VICTORIA STREET CITY: HAMILTON STATE: D0 ZIP: HM 12 BUSINESS PHONE: 1 441 295 2244 MAIL ADDRESS: STREET 1: 20 UPPER GROUND CITY: LONDON STATE: X0 ZIP: SE1 9PF FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: D. E. SHAW & CO, L.P. CENTRAL INDEX KEY: 0001009268 IRS NUMBER: 133695715 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 39TH FLOOR, TOWER 45 STREET 2: 120 WEST FORTY-FIFTH STREET CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2124780000 MAIL ADDRESS: STREET 1: 39TH FLOOR, TOWER 45 STREET 2: 120 WEST FORTY-FIFTH STREET CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: SHAW D E & CO L P /NY/ DATE OF NAME CHANGE: 19990421 SC 13D/A 1 sc0042.htm AMENDMENT NO. 1 TO SCHEDULE 13D Schedule 13D, Amendment 1
 

UNITED STATES

 
 

SECURITIES AND EXCHANGE COMMISSION

 
 

Washington, D.C. 20549

 
     
 

SCHEDULE 13D

 
 

Under the Securities Exchange Act of 1934

 
 

(Amendment No. 1)

 
     
 

Orient-Express Hotels Ltd.

 
 

(Name of Issuer)

 
     
 

Class A Common Stock, $0.01 par value

 
 

(Title of Class Securities)

 
     
     
 

G67743107

 
 

(CUSIP Number)

 
     
 

D. E. Shaw & Co., L.P.

 
 

Attn:  Compliance Department

 
 

120 West Forty-Fifth Street

 
 

Floor 39, Tower 45

 
 

New York, NY 10036

 
 

212-478-0000

 
     
 

(Name, Address and Telephone Number of Person

 
 

Authorized to Receive Notices and Communications)

 
     
 

Copies to:

 
     
 

Andrew Dietderich, Esq.

 
 

Sullivan & Cromwell LLP

 
 

125 Broad Street

 
 

New York, NY 10004

 
     
 

May 21, 2008

 
 

(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

*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.

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, as amended (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.

G67743107

1

Name of Reporting Person.
I.R.S. IDENTIFICATION
 
D. E. Shaw Valence Portfolios, L.L.C.
FEIN 13-4046559

2

Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) o
(b) o

3

SEC Use Only
 
 

4

Source of Funds (See Instructions)
 
WC

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o
 

6

Citizenship or Place of Organization
 
Delaware

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

 

7

Sole Voting Power
 
-0-

8

Shared Voting Power
 
2,273,300

9

Sole Dispositive Power
 
-0-

10

Shared Dispositive Power
 
2,273,300

11

Aggregate Amount Beneficially Owned by Each Reporting Person
 

2,273,300

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o
 
 

13

Percent of Class Represented by Amount in Row (11)
 

5.4%

14

Type of Reporting Person (See Instructions)
 
OO

CUSIP No.

G67743107

1

Name of Reporting Person.
I.R.S. IDENTIFICATION
 

D.E. Shaw Oculus Portfolios, L.L.C.

FEIN 20-0805088

2

Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) o
(b) o

3

SEC Use Only
 
 

4

Source of Funds (See Instructions)
 
WC

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o
 

6

Citizenship or Place of Organization
 
Delaware

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

 

7

Sole Voting Power
 
-0-

8

Shared Voting Power
 

945,344

9

Sole Dispositive Power
 
-0-

10

Shared Dispositive Power
 

945,344

11

Aggregate Amount Beneficially Owned by Each Reporting Person
 

945,344

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o
 
 

13

Percent of Class Represented by Amount in Row (11)
 

2.2%

14

Type of Reporting Person (See Instructions)
 
OO

CUSIP No.

G67743107

1

Name of Reporting Person.
I.R.S. IDENTIFICATION
 
D. E. Shaw & Co., L.L.C.
FEIN 13-3799946

2

Check the Appropriate Box if a Member of a Group (See
Instructions)

(a) o
(b) o

3

SEC Use Only
 
 

4

Source of Funds (See Instructions)
 
AF

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o

 

6

Citizenship or Place of Organization
 
Delaware

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
 

7

Sole Voting Power
 
-0-

8

Shared Voting Power
 
945,378

9

Sole Dispositive Power
 
-0-

10

Shared Dispositive Power
 
945,378

11

Aggregate Amount Beneficially Owned by Each Reporting Person
 

945,378

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o

 
 

13

Percent of Class Represented by Amount in Row (11)
 

2.2%

14

Type of Reporting Person (See Instructions)
 
OO

CUSIP No.

G67743107

1

Name of Reporting Person.
I.R.S. IDENTIFICATION
 
D. E. Shaw & Co., L.P.
FEIN 13-3695715

2

Check the Appropriate Box if a Member of a Group (See Instructions)
(a) o
(b) o

3

SEC Use Only
 
 

4

Source of Funds (See Instructions)
 

AF

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o
 

6

Citizenship or Place of Organization
 
Delaware

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
 

7

Sole Voting Power
 
-0-

8

Shared Voting Power
 
3,218,678

9

Sole Dispositive Power
 
-0-

10

Shared Dispositive Power
 
3,218,678

11

Aggregate Amount Beneficially Owned by Each Reporting Person
 

3,218,678

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o
 
 

13

Percent of Class Represented by Amount in Row (11)
 

7.6%

14

Type of Reporting Person (See Instructions)
 
IA, PN

CUSIP No.

G67743107

1

Name of Reporting Person.
I.R.S. IDENTIFICATION
 
David E. Shaw

2

Check the Appropriate Box if a Member of a Group (See Instructions)
(a) o
(b) o

3

SEC Use Only
 
 

4

Source of Funds (See Instructions)
 
AF

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o
 

6

Citizenship or Place of Organization
 
United States

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
 

7

Sole Voting Power
 
-0-

8

Shared Voting Power
 
3,218,678

9

Sole Dispositive Power
 
-0-

10

Shared Dispositive Power
 
3,218,678

11

Aggregate Amount Beneficially Owned by Each Reporting Person
 

3,218,678

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o
 

13

Percent of Class Represented by Amount in Row (11)
 

7.6%

14

Type of Reporting Person (See Instructions)
 
IN

Item 1.     Security and the Issuer

This Amendment No. 1 to Schedule 13D (this “Amendment”) amends and supplements the statement on Schedule 13D filed by D. E. Shaw Valence Portfolios, L.L.C., a Delaware limited liability company (“Valence”), D. E. Shaw Oculus Portfolios, L.L.C., a Delaware limited liability company (“Oculus”), D. E. Shaw & Co., L.L.C., a Delaware limited liability company (“DESCO LLC”), D. E. Shaw & Co., L.P., a Delaware limited partnership (“DESCO LP”), and David E. Shaw, a citizen of the United States of America (“David E. Shaw”, and together with Valence, Oculus, DESCO LLC, and DESCO LP, collectively, the “Reporting Persons”) on February 13, 2008 (the “Schedule 13D”) with the Securities Exchange Commission (the “SEC”), relating to the shares of Class A Common Stock, $0.01 par value per share (the “Common Shares”), of Orient-Express Hotels Ltd. (the “Issuer”).  The principal executive offices of the Issuer are located at 22 Victoria Street, P.O. Box HM 1179, Hamilton HMEX, Bermuda. Capitalized terms used herein which are not defined herein have the meanings given to such terms in the Schedule 13D. Except as otherwise provided herein, all Items of the Schedule 13D remain unchanged.

Item 3.     Source and Amount of Funds or Other Consideration

Item 3 of the Schedule 13D is hereby amended and supplemented as follows:

During the period from February 13, 2008 to May 23, 2008, Oculus purchased a further 770,552 Common Shares in the open market for total consideration of $34,725,083. Oculus funded these purchases from its working capital.

During the period from February 13, 2008 to May 23, 2008, Valence purchased a further 16,935 Common Shares in the open market for total consideration of $782,695. Valence funded these purchases from its working capital.

Item 5.     Interest in Securities of the Issuer

Item 5 of the Schedule 13D is hereby amended and restated in its entirety, with effect from the date of this Amendment, as follows:

(a), (b) Based upon the Issuer’s Form 10-Q, filed with the Securities and Exchange Commission on May 12, 2008, there were 42,469,500 Common Shares issued and outstanding as of April 30, 2008.  The 2,273,300 Common Shares beneficially owned by Valence (the “Valence Shares”) represent approximately 5.4% of the Common Shares issued and outstanding. The 945,344 Common Shares beneficially owned by Oculus (the “Oculus Shares”) represent approximately 2.2% of the Common Shares issued and outstanding.  The 945,378 Common Shares beneficially owned by DESCO LLC (the “DESCO LLC Shares”) represent approximately 2.2% of the Common Shares issued and outstanding.  The DESCO LLC Shares are comprised of (i) the Oculus Shares and (ii) 34 Common Shares directly held by D. E. Shaw Synoptic Portfolios 2, L.L.C. (the “Synoptic Shares”).  The 3,218,678 Common Shares beneficially owned by DESCO LP (the “DESCO LP Shares”) represent approximately 7.6% of the Common Shares issued and outstanding.  The DESCO LP Shares are comprised of (i) the Valence Shares, (ii) the Oculus Shares, and (iii) the Synoptic Shares.

Valence has the power to vote or to direct the vote of (and the power to dispose or direct the disposition of) the Valence Shares.  Oculus has the power to vote or to direct the vote of (and the power to dispose or direct the disposition of) the Oculus Shares.  Valence disclaims beneficial ownership of the Oculus Shares and the Synoptic Shares, and Oculus disclaims beneficial ownership of the Valence Shares and the Synoptic Shares.

DESCO LP, as managing member and investment adviser of Valence and investment adviser of Oculus and D. E. Shaw Synoptic Portfolios 2, L.L.C. (“Synoptic”), may be deemed to have the shared

power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the Valence Shares, the Oculus Shares, and the Synoptic Shares.  DESCO LLC, as Oculus’ and Synoptic’s managing member, may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the Oculus Shares and the Synoptic Shares.  As managing member of DESCO LLC, DESCO II, Inc. may be deemed to have the shared power to vote or to direct the vote of (and the shared power to dispose or direct the disposition of) the Oculus Shares and the Synoptic Shares.  As general partner of DESCO LP, DESCO Inc. may be deemed to have the shared power to vote or to direct the vote of (and the shared power to dispose or direct the disposition of) the Valence Shares, the Oculus Shares, and the Synoptic Shares.  None of DESCO LP, DESCO LLC, DESCO Inc., or DESCO II, Inc., owns any Common Shares directly, and each such entity disclaims beneficial ownership of the Valence Shares, the Oculus Shares, and the Synoptic Shares.

David E. Shaw does not own any shares directly.  By virtue of David E. Shaw’s position as President and sole shareholder of DESCO Inc., which is the general partner of DESCO LP, which in turn is the managing member and investment adviser of Valence, and the investment adviser of Oculus and Synoptic, and by virtue of David E. Shaw’s position as President and sole shareholder of DESCO II, Inc., which is the managing member of DESCO LLC, which in turn is the managing member of Oculus and Synoptic, David E. Shaw may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the Valence Shares, the Oculus Shares, and the Synoptic Shares.  David E. Shaw disclaims beneficial ownership of the Valence Shares, the Oculus Shares, and the Synoptic Shares.

As of the date hereof, neither any Reporting Person nor, to the best knowledge of any Reporting Person, any of the persons set forth in Item 2 of the Schedule 13D, owns any Common Shares other than those set forth in this Item 5.

(c) The trading dates, number of Common Shares purchased or sold, and the price per share for all transactions by the Reporting Persons in the Common Shares within the last 60 days, which were all brokered transactions, are set forth below:

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

3/28/2008

41.19

400

Oculus

3/28/2008

41.20

200

Oculus

3/28/2008

41.22

200

Oculus

3/28/2008

41.23

600

Oculus

3/28/2008

41.26

200

Oculus

3/28/2008

41.27

800

Oculus

3/28/2008

41.28

100

Oculus

3/28/2008

41.29

800

Oculus

3/28/2008

41.31

100

Oculus

3/28/2008

41.34

300

Oculus

3/28/2008

41.36

4,519

Oculus

3/28/2008

41.37

3,600

Oculus

3/28/2008

41.38

800

Oculus

3/28/2008

41.39

2,700

Oculus

3/28/2008

41.40

1,100

Oculus

3/28/2008

41.41

1,600

Oculus

3/28/2008

41.42

1,623

Oculus

3/28/2008

41.43

3,200

Oculus

3/28/2008

41.44

1,500

Oculus

3/28/2008

41.47

100

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

3/28/2008

41.48

300

Oculus

3/28/2008

41.50

1,677

Oculus

5/8/2008

43.75

200

Oculus

5/8/2008

43.76

2,700

Oculus

5/8/2008

43.77

400

Oculus

5/8/2008

43.78

8,400

Oculus

5/8/2008

43.79

400

Oculus

5/8/2008

43.80

1,300

Oculus

5/8/2008

44.53

1,200

Oculus

5/8/2008

44.54

200

Oculus

5/8/2008

44.55

100

Oculus

5/8/2008

44.69

1,991

Oculus

5/8/2008

44.70

600

Oculus

5/8/2008

44.71

376

Oculus

5/8/2008

44.72

2,700

Oculus

5/8/2008

44.73

601

Oculus

5/8/2008

44.78

900

Oculus

5/8/2008

44.81

3,100

Oculus

5/9/2008

44.27

700

Oculus

5/9/2008

44.28

500

Oculus

5/9/2008

44.29

301

Oculus

5/9/2008

44.30

2,200

Oculus

5/9/2008

44.31

900

Oculus

5/9/2008

44.32

300

Oculus

5/9/2008

44.33

2,200

Oculus

5/9/2008

44.35

200

Oculus

5/9/2008

44.36

500

Oculus

5/9/2008

44.37

715

Oculus

5/9/2008

44.38

1,100

Oculus

5/9/2008

44.40

1,200

Oculus

5/9/2008

44.41

300

Oculus

5/9/2008

44.42

600

Oculus

5/9/2008

44.43

100

Oculus

5/9/2008

44.44

400

Oculus

5/9/2008

44.45

300

Oculus

5/9/2008

44.46

200

Oculus

5/9/2008

44.47

300

Oculus

5/9/2008

44.48

1,500

Oculus

5/9/2008

44.49

300

Oculus

5/9/2008

44.50

1,600

Oculus

5/9/2008

44.51

500

Oculus

5/9/2008

44.52

300

Oculus

5/9/2008

44.53

200

Oculus

5/9/2008

44.55

1,000

Oculus

5/9/2008

44.56

600

Oculus

5/9/2008

44.58

1,200

Oculus

5/9/2008

44.59

8,000

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

5/9/2008

44.60

5,600

Oculus

5/9/2008

44.61

2,800

Oculus

5/9/2008

44.62

3,084

Oculus

5/9/2008

44.63

100

Oculus

5/9/2008

44.68

200

Oculus

5/9/2008

44.70

4,900

Oculus

5/9/2008

44.71

2,100

Oculus

5/9/2008

44.72

3,300

Oculus

5/9/2008

44.73

1,300

Oculus

5/9/2008

44.74

3,000

Oculus

5/9/2008

44.75

2,003

Oculus

5/9/2008

44.76

200

Oculus

5/9/2008

44.77

700

Oculus

5/9/2008

44.78

1,000

Oculus

5/9/2008

44.79

2,200

Oculus

5/9/2008

44.80

8,000

Oculus

5/9/2008

44.81

3,300

Oculus

5/9/2008

44.82

300

Oculus

5/9/2008

44.83

1,900

Oculus

5/9/2008

44.84

2,500

Oculus

5/9/2008

44.85

3,426

Oculus

5/9/2008

44.86

18,100

Oculus

5/9/2008

44.87

4,664

Oculus

5/9/2008

44.88

800

Oculus

5/9/2008

44.89

200

Oculus

5/9/2008

44.90

4,800

Oculus

5/9/2008

44.91

400

Oculus

5/9/2008

44.92

1,500

Oculus

5/9/2008

44.93

3,600

Oculus

5/9/2008

44.94

4,200

Oculus

5/9/2008

44.95

13,055

Oculus

5/9/2008

44.96

9,700

Oculus

5/9/2008

44.97

7,900

Oculus

5/9/2008

44.98

6,000

Oculus

5/9/2008

44.99

6,300

Oculus

5/9/2008

45.00

85,025

Oculus

5/12/2008

44.38

500

Oculus

5/12/2008

44.40

400

Oculus

5/12/2008

44.41

1,100

Oculus

5/12/2008

44.42

600

Oculus

5/12/2008

44.44

100

Oculus

5/12/2008

44.46

400

Oculus

5/12/2008

44.47

2,200

Oculus

5/12/2008

44.48

100

Oculus

5/12/2008

44.49

100

Oculus

5/12/2008

44.50

100

Oculus

5/12/2008

44.65

300

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

5/12/2008

44.70

400

Oculus

5/12/2008

44.71

1,600

Oculus

5/12/2008

44.72

900

Oculus

5/12/2008

44.73

1,800

Oculus

5/12/2008

44.74

1,801

Oculus

5/12/2008

44.75

7,790

Oculus

5/12/2008

44.77

100

Oculus

5/12/2008

44.78

500

Oculus

5/12/2008

44.79

1,400

Oculus

5/12/2008

44.80

300

Oculus

5/12/2008

44.81

1,900

Oculus

5/12/2008

44.82

200

Oculus

5/12/2008

44.83

600

Oculus

5/12/2008

44.85

800

Oculus

5/12/2008

44.86

100

Oculus

5/12/2008

44.87

600

Oculus

5/12/2008

44.88

400

Oculus

5/12/2008

44.89

100

Oculus

5/12/2008

44.90

2,800

Oculus

5/12/2008

44.91

1,337

Oculus

5/12/2008

44.92

300

Oculus

5/12/2008

44.93

400

Oculus

5/12/2008

44.94

900

Oculus

5/12/2008

44.95

900

Oculus

5/12/2008

44.97

300

Oculus

5/12/2008

44.98

300

Oculus

5/12/2008

44.99

300

Oculus

5/12/2008

45.00

1,400

Oculus

5/12/2008

45.40

25,000

Oculus

5/13/2008

44.85

400

Oculus

5/13/2008

44.87

900

Oculus

5/13/2008

44.88

100

Oculus

5/13/2008

44.89

100

Oculus

5/13/2008

44.90

7,920

Oculus

5/13/2008

44.91

1,279

Oculus

5/13/2008

44.92

900

Oculus

5/13/2008

44.93

6,321

Oculus

5/13/2008

44.94

1,880

Oculus

5/13/2008

44.95

1,900

Oculus

5/13/2008

44.96

200

Oculus

5/13/2008

44.97

2,300

Oculus

5/13/2008

44.98

2,700

Oculus

5/13/2008

44.99

1,400

Oculus

5/13/2008

45.00

11,242

Oculus

5/13/2008

45.16

358

Oculus

5/13/2008

45.18

100

Oculus

5/13/2008

45.19

500

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

5/13/2008

45.22

400

Oculus

5/13/2008

45.23

1,600

Oculus

5/14/2008

45.79

1,000

Oculus

5/14/2008

45.80

1,646

Oculus

5/14/2008

45.82

1,100

Oculus

5/14/2008

45.83

1,600

Oculus

5/14/2008

45.84

500

Oculus

5/14/2008

45.85

400

Oculus

5/14/2008

45.87

1,500

Oculus

5/14/2008

45.88

1,800

Oculus

5/14/2008

45.89

300

Oculus

5/14/2008

45.90

3,300

Oculus

5/14/2008

45.91

1,200

Oculus

5/14/2008

45.92

500

Oculus

5/14/2008

45.93

500

Oculus

5/14/2008

45.94

700

Oculus

5/14/2008

45.95

200

Oculus

5/14/2008

45.96

300

Oculus

5/14/2008

45.97

600

Oculus

5/14/2008

45.98

700

Oculus

5/14/2008

45.99

2,900

Oculus

5/14/2008

46.00

8,000

Oculus

5/14/2008

46.12

300

Oculus

5/14/2008

46.14

100

Oculus

5/14/2008

46.15

32

Oculus

5/14/2008

46.19

100

Oculus

5/14/2008

46.20

100

Oculus

5/14/2008

46.21

190

Oculus

5/14/2008

46.22

510

Oculus

5/14/2008

46.23

100

Oculus

5/14/2008

46.25

422

Oculus

5/14/2008

46.27

500

Oculus

5/14/2008

46.28

200

Oculus

5/14/2008

46.29

900

Oculus

5/14/2008

46.30

300

Oculus

5/14/2008

46.31

91

Oculus

5/14/2008

46.32

766

Oculus

5/14/2008

46.33

900

Oculus

5/14/2008

46.34

200

Oculus

5/14/2008

46.35

800

Oculus

5/14/2008

46.36

100

Oculus

5/14/2008

46.37

400

Oculus

5/14/2008

46.38

1,300

Oculus

5/14/2008

46.39

1,000

Oculus

5/14/2008

46.40

1,400

Oculus

5/14/2008

46.41

900

Oculus

5/14/2008

46.42

400

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

5/14/2008

46.43

1,591

Oculus

5/14/2008

46.44

1,600

Oculus

5/14/2008

46.45

2,800

Oculus

5/14/2008

46.46

7,509

Oculus

5/14/2008

46.47

4,517

Oculus

5/14/2008

46.48

22,285

Oculus

5/14/2008

46.49

23,075

Oculus

5/14/2008

46.63

1,000

Oculus

5/14/2008

46.64

1,500

Oculus

5/14/2008

46.65

500

Oculus

5/14/2008

46.66

100

Oculus

5/14/2008

46.67

900

Oculus

5/14/2008

46.68

1,000

Oculus

5/14/2008

46.69

2,100

Oculus

5/14/2008

46.70

13,800

Oculus

5/21/2008

45.08

200

Oculus

5/21/2008

45.10

24,541

Oculus

5/21/2008

45.12

1,000

Oculus

5/21/2008

45.13

600

Oculus

5/21/2008

45.14

300

Oculus

5/21/2008

45.15

700

Oculus

5/21/2008

45.16

200

Oculus

5/21/2008

45.18

400

Oculus

5/21/2008

45.22

1,400

Oculus

5/21/2008

45.25

400

Oculus

5/21/2008

45.28

100

Oculus

5/21/2008

45.29

700

Oculus

5/21/2008

45.31

900

Oculus

5/21/2008

45.32

100

Oculus

5/21/2008

45.33

300

Oculus

5/21/2008

45.34

200

Oculus

5/21/2008

45.35

100

Oculus

5/21/2008

45.37

700

Oculus

5/21/2008

45.38

200

Oculus

5/21/2008

45.39

200

Oculus

5/21/2008

45.40

400

Oculus

5/21/2008

45.41

500

Oculus

5/21/2008

45.42

58,100

Oculus

5/21/2008

45.43

22,900

Oculus

5/21/2008

45.44

400

Oculus

5/21/2008

45.45

600

Oculus

5/21/2008

45.46

212

Oculus

5/21/2008

45.47

4,100

Oculus

5/21/2008

45.48

1,400

Oculus

5/21/2008

45.49

2,500

Oculus

5/21/2008

45.50

37,347

Oculus

5/21/2008

45.51

100

Oculus

5/21/2008

45.52

100

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

5/21/2008

45.54

100

Oculus

5/21/2008

45.57

100

Oculus

5/21/2008

45.58

100

Oculus

5/21/2008

45.60

1,000

Oculus

5/22/2008

44.81

300

Oculus

5/22/2008

44.90

200

Oculus

5/22/2008

44.93

100

Oculus

5/22/2008

44.94

200

Oculus

5/22/2008

44.96

3,800

Oculus

5/22/2008

45.00

100

Oculus

5/22/2008

45.01

700

Oculus

5/22/2008

45.02

4,034

Oculus

5/22/2008

45.04

1,100

Oculus

5/22/2008

45.05

5,000

Oculus

5/22/2008

45.06

1,100

Oculus

5/22/2008

45.07

3,200

Oculus

5/22/2008

45.08

500

Oculus

5/22/2008

45.09

200

Oculus

5/22/2008

45.10

14,052

Oculus

5/22/2008

45.11

600

Oculus

5/22/2008

45.12

300

Oculus

5/22/2008

45.13

5,300

Oculus

5/22/2008

45.14

2,400

Oculus

5/22/2008

45.15

1,700

Oculus

5/22/2008

45.16

500

Oculus

5/22/2008

45.17

700

Oculus

5/22/2008

45.18

1,400

Oculus

5/22/2008

45.19

1,100

Oculus

5/22/2008

45.20

2,500

Oculus

5/22/2008

45.21

800

Oculus

5/22/2008

45.22

3,100

Oculus

5/22/2008

45.23

1,000

Oculus

5/22/2008

45.24

800

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

5/22/2008

45.25

38,522

Oculus

5/23/2008

45.06

100

Oculus

5/23/2008

45.07

500

Oculus

5/23/2008

45.09

100

Oculus

5/23/2008

45.10

1,900

Oculus

5/23/2008

45.11

100

Oculus

5/23/2008

45.14

300

Oculus

5/23/2008

45.15

700

Oculus

5/23/2008

45.16

500

Oculus

5/23/2008

45.17

1,400

Oculus

5/23/2008

45.18

3,100

Oculus

5/23/2008

45.19

2,828

Oculus

5/23/2008

45.20

4,000

Oculus

5/23/2008

45.21

700

Oculus

5/23/2008

45.22

700

Oculus

5/23/2008

45.23

600

Oculus

5/23/2008

45.24

1,300

Oculus

5/23/2008

45.25

1,800

Oculus

5/23/2008

45.26

1,000

Oculus

5/23/2008

45.27

700

Oculus

5/23/2008

45.28

300

Oculus

5/23/2008

45.30

100

Oculus

5/23/2008

45.31

600

Oculus

5/23/2008

45.45

100

Oculus

5/23/2008

45.46

700

Oculus

5/23/2008

45.47

626

Oculus

5/23/2008

45.48

2,200

Oculus

5/23/2008

45.49

600

Oculus

5/23/2008

45.50

200

Oculus

5/23/2008

45.61

346

Oculus

5/23/2008

45.62

100

Oculus

5/23/2008

45.64

200

Oculus

5/23/2008

45.65

200

Oculus

5/23/2008

45.66

100

Oculus

5/23/2008

45.67

200

Oculus

5/23/2008

45.70

200

Oculus

5/23/2008

45.71

100

Oculus

5/23/2008

45.74

500

Oculus

5/23/2008

45.75

100

Oculus

5/23/2008

45.76

200

Oculus

5/23/2008

45.78

100

Oculus

5/23/2008

45.79

100

Oculus

5/23/2008

45.80

500

Oculus

5/23/2008

45.81

200

Oculus

5/23/2008

45.82

100

Oculus

5/23/2008

45.87

200

Oculus

5/23/2008

45.88

600

Oculus

5/23/2008

45.89

200

Oculus

5/23/2008

45.90

15,200

Oculus

5/23/2008

45.91

5,300

Oculus

5/23/2008

45.92

4,800

Oculus

5/23/2008

45.93

1,600

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

5/23/2008

45.95

700

Oculus

5/23/2008

45.96

1,900

Oculus

5/23/2008

45.97

2,787

Oculus

5/23/2008

45.98

4,200

Oculus

5/23/2008

45.99

2,900

Oculus

5/23/2008

46.00

13,400

Oculus

5/23/2008

46.17

100

Oculus

5/23/2008

46.18

100

Oculus

5/23/2008

46.19

100

Oculus

5/23/2008

46.20

200

Oculus

5/23/2008

46.21

100

Oculus

5/23/2008

46.22

800

Oculus

5/23/2008

46.23

1,100

Oculus

5/23/2008

46.24

1,000

Oculus

5/23/2008

46.25

9,300

Oculus

5/23/2008

46.31

200

Oculus

5/23/2008

46.32

300

Oculus

5/23/2008

46.33

100

Oculus

5/23/2008

46.34

200

Oculus

5/23/2008

46.35

1,400

Oculus

5/23/2008

46.36

11,405

Oculus

5/23/2008

46.37

1,900

Oculus

5/23/2008

46.38

1,600

Oculus

5/23/2008

46.39

100

Oculus

5/23/2008

46.40

200

Oculus

5/23/2008

46.41

4,000

Oculus

5/23/2008

46.42

800

Oculus

5/23/2008

46.43

500

Oculus

5/23/2008

46.44

500

Oculus

5/23/2008

46.45

200

Oculus

5/23/2008

46.46

9,100

Oculus

5/23/2008

46.47

300

Oculus

5/23/2008

46.48

100

Oculus

5/23/2008

46.49

900

Oculus

5/23/2008

46.50

3,700

Oculus

3/24/2008

42.88

(300)

Oculus

3/24/2008

42.99

(700)

Oculus

3/24/2008

43.43

(300)

Oculus

3/24/2008

43.40

(300)

Oculus

3/24/2008

43.39

(200)

Oculus

3/24/2008

43.33

(200)

Oculus

3/24/2008

43.35

(200)

Oculus

3/24/2008

43.39

(200)

Oculus

3/24/2008

43.28

(700)

Oculus

3/24/2008

43.31

(300)

Oculus

3/24/2008

43.41

(200)

Oculus

3/24/2008

43.48

(300)

Oculus

3/24/2008

43.51

(500)

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

3/24/2008

43.24

(300)

Oculus

3/24/2008

43.29

(500)

Oculus

3/24/2008

42.97

(200)

Oculus

3/25/2008

42.95

(300)

Oculus

3/25/2008

42.93

(200)

Oculus

3/25/2008

42.99

(100)

Oculus

3/25/2008

43.00

(200)

Oculus

3/25/2008

42.92

(200)

Oculus

3/25/2008

43.85

(200)

Oculus

3/25/2008

43.51

(200)

Oculus

3/31/2008

42.85

(300)

Oculus

3/31/2008

42.90

(400)

Oculus

4/4/2008

43.59

(500)

Oculus

4/4/2008

43.65

(200)

Oculus

4/4/2008

43.88

(400)

Oculus

4/7/2008

44.15

(200)

Oculus

4/7/2008

43.87

(200)

Oculus

4/7/2008

43.56

(200)

Oculus

4/7/2008

43.95

(200)

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

4/7/2008

44.02

(500)

Oculus

4/7/2008

43.96

(100)

Oculus

4/7/2008

43.87

(100)

Oculus

4/7/2008

43.91

(400)

Oculus

4/7/2008

44.03

(300)

Oculus

4/8/2008

42.79

(300)

Oculus

4/8/2008

42.94

(100)

Oculus

4/10/2008

42.34

(200)

Oculus

4/10/2008

42.82

(100)

Oculus

4/10/2008

42.78

(100)

Oculus

4/10/2008

42.25

(200)

Oculus

4/11/2008

41.76

(100)

Oculus

4/11/2008

41.81

(100)

Oculus

4/11/2008

41.80

(100)

Oculus

4/14/2008

41.87

(200)

Oculus

4/14/2008

41.79

(200)

Oculus

4/14/2008

41.83

(100)

Oculus

4/14/2008

41.81

(100)

Oculus

4/14/2008

41.30

(100)

Oculus

4/14/2008

41.14

(100)

Oculus

4/14/2008

40.96

(500)

Oculus

4/14/2008

40.95

(100)

Oculus

4/14/2008

40.87

(100)

Oculus

4/14/2008

40.95

(100)

Oculus

4/14/2008

41.08

(100)

Oculus

4/14/2008

41.13

(100)

Oculus

4/14/2008

40.91

(100)

Oculus

4/14/2008

40.92

(100)

Oculus

4/14/2008

41.02

(100)

Oculus

4/14/2008

40.87

(100)

Oculus

4/14/2008

40.86

(100)

Oculus

4/14/2008

40.95

(100)

Oculus

4/14/2008

40.93

(100)

Oculus

4/14/2008

40.88

(200)

Oculus

4/14/2008

40.68

(100)

Oculus

4/14/2008

40.78

(200)

Oculus

4/14/2008

40.81

(100)

Oculus

4/14/2008

40.75

(200)

Oculus

4/14/2008

41.02

(100)

Oculus

4/15/2008

41.00

(200)

Oculus

4/15/2008

40.68

(400)

Oculus

4/15/2008

40.91

(100)

Oculus

4/15/2008

40.90

(400)

Oculus

4/15/2008

40.41

(100)

Oculus

4/15/2008

40.65

(100)

Oculus

4/15/2008

40.78

(100)

Oculus

4/15/2008

40.54

(300)

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

4/15/2008

40.45

(300)

Oculus

4/15/2008

40.29

(100)

Oculus

4/15/2008

40.40

(200)

Oculus

4/15/2008

40.49

(200)

Oculus

4/15/2008

40.39

(100)

Oculus

4/15/2008

40.50

(200)

Oculus

4/15/2008

40.42

(200)

Oculus

4/15/2008

39.90

(100)

Oculus

4/15/2008

39.86

(100)

Oculus

4/15/2008

39.90

(100)

Oculus

4/15/2008

39.74

(100)

Oculus

4/15/2008

39.37

(200)

Oculus

4/15/2008

39.27

(100)

Oculus

4/15/2008

39.50

(100)

Oculus

4/15/2008

39.45

(200)

Oculus

4/16/2008

40.18

(400)

Oculus

4/16/2008

40.46

(600)

Oculus

4/16/2008

40.79

(400)

Oculus

4/16/2008

40.94

(100)

Oculus

4/16/2008

41.07

(300)

Oculus

4/16/2008

40.87

(200)

Oculus

4/16/2008

40.76

(300)

Oculus

4/16/2008

40.74

(300)

Oculus

4/16/2008

41.21

(400)

Oculus

4/16/2008

41.40

(400)

Oculus

4/16/2008

41.41

(200)

Oculus

4/16/2008

41.39

(100)

Oculus

4/16/2008

41.36

(100)

Oculus

4/16/2008

41.31

(100)

Oculus

4/16/2008

41.32

(200)

Oculus

4/16/2008

41.29

(400)

Oculus

4/16/2008

41.14

(300)

Oculus

4/16/2008

41.01

(200)

Oculus

4/16/2008

41.18

(300)

Oculus

4/16/2008

41.22

(300)

Oculus

4/16/2008

41.44

(100)

Oculus

4/16/2008

41.40

(100)

Oculus

4/17/2008

40.72

(200)

Oculus

4/17/2008

41.55

(300)

Oculus

4/17/2008

41.09

(700)

Oculus

4/17/2008

41.11

(200)

Oculus

4/17/2008

41.13

(200)

Oculus

4/17/2008

41.04

(200)

Oculus

4/17/2008

41.00

(300)

Oculus

4/17/2008

40.99

(400)

Oculus

4/17/2008

40.89

(400)

Oculus

4/17/2008

41.01

(200)

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

4/17/2008

40.96

(500)

Oculus

4/17/2008

40.78

(200)

Oculus

4/17/2008

40.94

(200)

Oculus

4/17/2008

41.00

(100)

Oculus

4/17/2008

41.05

(200)

Oculus

4/17/2008

41.04

(200)

Oculus

4/17/2008

41.26

(200)

Oculus

4/17/2008

41.21

(100)

Oculus

4/17/2008

41.25

(300)

Oculus

4/18/2008

41.54

(300)

Oculus

4/18/2008

41.68

(200)

Oculus

4/18/2008

41.90

(400)

Oculus

4/18/2008

42.19

(200)

Oculus

4/18/2008

42.43

(100)

Oculus

4/18/2008

42.77

(100)

Oculus

4/18/2008

42.80

(200)

Oculus

4/18/2008

42.77

(200)

Oculus

4/18/2008

42.56

(100)

Oculus

4/18/2008

42.66

(300)

Oculus

4/18/2008

42.62

(200)

Oculus

4/21/2008

42.56

(500)

Oculus

4/21/2008

42.53

(500)

Oculus

4/21/2008

42.77

(300)

Oculus

4/21/2008

42.91

(300)

Oculus

4/21/2008

42.78

(200)

Oculus

4/21/2008

42.65

(300)

Oculus

4/21/2008

42.66

(100)

Oculus

4/21/2008

42.64

(300)

Oculus

4/21/2008

42.81

(200)

Oculus

4/21/2008

42.80

(200)

Oculus

4/21/2008

42.87

(200)

Oculus

4/21/2008

42.86

(300)

Oculus

4/21/2008

42.87

(300)

Oculus

4/21/2008

42.92

(400)

Oculus

4/21/2008

42.88

(200)

Oculus

4/21/2008

42.90

(100)

Oculus

4/21/2008

42.98

(100)

Oculus

4/21/2008

42.94

(200)

Oculus

4/21/2008

42.95

(100)

Oculus

4/21/2008

42.75

(200)

Oculus

4/21/2008

42.76

(200)

Oculus

4/21/2008

42.77

(200)

Oculus

4/21/2008

42.76

(100)

Oculus

4/21/2008

42.78

(100)

Oculus

4/21/2008

42.80

(600)

Oculus

4/21/2008

42.79

(200)

Oculus

4/21/2008

42.80

(100)

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

4/22/2008

42.86

(200)

Oculus

4/22/2008

42.83

(200)

Oculus

4/22/2008

42.82

(200)

Oculus

4/22/2008

42.01

(300)

Oculus

4/22/2008

41.68

(200)

Oculus

4/22/2008

41.47

(200)

Oculus

4/22/2008

41.56

(200)

Oculus

4/22/2008

41.37

(200)

Oculus

4/22/2008

41.31

(300)

Oculus

4/22/2008

41.22

(200)

Oculus

4/22/2008

41.12

(400)

Oculus

4/22/2008

41.02

(200)

Oculus

4/22/2008

41.15

(200)

Oculus

4/22/2008

41.37

(200)

Oculus

4/22/2008

41.24

(200)

Oculus

4/22/2008

41.19

(100)

Oculus

4/22/2008

41.33

(100)

Oculus

4/23/2008

42.99

(200)

Oculus

4/23/2008

42.63

(200)

Oculus

4/23/2008

42.36

(300)

Oculus

4/23/2008

42.38

(100)

Oculus

4/23/2008

42.35

(400)

Oculus

4/23/2008

42.45

(800)

Oculus

4/23/2008

42.74

(300)

Oculus

4/23/2008

42.99

(300)

Oculus

4/24/2008

43.13

(200)

Oculus

4/24/2008

43.52

(200)

Oculus

4/24/2008

43.57

(300)

Oculus

4/24/2008

44.13

(300)

Oculus

4/24/2008

44.16

(200)

Oculus

4/24/2008

44.33

(400)

Oculus

4/24/2008

44.47

(200)

Oculus

4/24/2008

44.70

(200)

Oculus

4/24/2008

45.28

(200)

Oculus

4/24/2008

45.42

(100)

Oculus

4/24/2008

45.80

(400)

Oculus

4/25/2008

45.88

(100)

Oculus

4/25/2008

45.10

(300)

Oculus

4/28/2008

46.10

(200)

Oculus

4/28/2008

46.27

(200)

Oculus

4/28/2008

46.32

(100)

Oculus

4/28/2008

46.46

(200)

Oculus

4/28/2008

46.59

(100)

Oculus

4/28/2008

46.52

(300)

Oculus

4/28/2008

46.45

(400)

Oculus

4/29/2008

46.80

(100)

Oculus

4/29/2008

46.43

(200)

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Oculus

4/29/2008

46.62

(100)

Oculus

4/29/2008

46.61

(100)

Oculus

4/29/2008

46.53

(200)

Oculus

4/29/2008

46.44

(100)

Oculus

4/29/2008

46.38

(100)

Oculus

4/29/2008

45.77

(200)

Oculus

4/30/2008

46.38

(300)

Oculus

4/30/2008

46.83

(400)

Oculus

5/1/2008

46.42

(200)

Oculus

5/1/2008

46.91

(100)

Oculus

5/1/2008

46.95

(300)

Oculus

5/1/2008

47.22

(200)

Oculus

5/2/2008

48.79

(300)

Oculus

5/5/2008

48.69

(200)

Oculus

5/5/2008

48.51

(500)

Oculus

5/5/2008

48.24

(100)

Oculus

5/5/2008

48.68

(200)

Oculus

5/6/2008

47.54

(200)

Oculus

5/6/2008

47.88

(100)

Oculus

5/6/2008

48.01

(200)

Oculus

5/6/2008

48.04

(200)

Oculus

5/6/2008

48.09

(100)

Oculus

5/6/2008

47.85

(200)

Oculus

5/6/2008

47.87

(300)

Oculus

5/6/2008

48.66

(200)

Oculus

5/8/2008

44.86

(300)

Oculus

5/8/2008

45.11

(300)

Oculus

5/8/2008

44.88

(300)

Oculus

5/8/2008

43.78

(200)

Oculus

5/8/2008

44.06

(300)

Oculus

5/8/2008

44.19

(400)

Oculus

5/8/2008

43.81

(200)

Oculus

5/8/2008

44.36

(500)

Oculus

5/8/2008

45.15

(200)

Oculus

5/8/2008

45.20

(200)

Oculus

5/8/2008

45.24

(500)

Oculus

5/8/2008

45.08

(500)

Oculus

5/9/2008

44.30

(100)

Oculus

5/9/2008

44.44

(200)

Oculus

5/9/2008

44.59

(100)

Oculus

5/9/2008

44.94

(300)

Oculus

5/9/2008

45.01

(100)

Oculus

5/9/2008

44.96

(200)

Oculus

5/9/2008

45.01

(1,300)

Synoptic

3/24/2008

41.85

100

Synoptic

3/28/2008

42.68

200

Synoptic

3/31/2008

42.23

100

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Synoptic

4/1/2008

44.27

100

Synoptic

4/2/2008

44.36

63

Synoptic

4/2/2008

44.37

37

Synoptic

4/3/2008

44.01

100

Synoptic

4/7/2008

44.10

200

Synoptic

4/7/2008

44.12

700

Synoptic

4/7/2008

43.86

176

Synoptic

4/7/2008

43.36

126

Synoptic

4/9/2008

41.84

12

Synoptic

4/9/2008

41.45

18

Synoptic

4/9/2008

41.46

1

Synoptic

4/10/2008

42.50

100

Synoptic

4/10/2008

42.22

100

Synoptic

4/16/2008

40.17

100

Synoptic

5/2/2008

48.26

78

Synoptic

5/6/2008

47.47

207

Synoptic

5/8/2008

44.07

100

Synoptic

5/8/2008

44.71

500

Synoptic

5/8/2008

43.80

200

Synoptic

5/8/2008

43.91

100

Synoptic

5/8/2008

43.99

100

Synoptic

5/8/2008

42.83

100

Synoptic

5/8/2008

42.30

500

Synoptic

5/8/2008

42.29

100

Synoptic

5/8/2008

42.35

100

Synoptic

5/8/2008

42.37

100

Synoptic

5/8/2008

42.53

100

Synoptic

5/8/2008

42.59

500

Synoptic

5/8/2008

42.79

700

Synoptic

5/8/2008

43.75

100

Synoptic

5/8/2008

43.99

100

Synoptic

5/8/2008

43.90

100

Synoptic

5/8/2008

44.10

100

Synoptic

5/8/2008

43.80

100

Synoptic

5/8/2008

45.25

646

Synoptic

5/8/2008

45.10

299

Synoptic

5/12/2008

44.72

50

Synoptic

5/12/2008

44.90

207

Synoptic

3/24/2008

43.33

(100)

Synoptic

3/26/2008

44.03

(5)

Synoptic

3/31/2008

42.67

(100)

Synoptic

4/1/2008

43.75

(100)

Synoptic

4/1/2008

44.53

(100)

Synoptic

4/3/2008

43.99

(27)

Synoptic

4/3/2008

44.00

(73)

Synoptic

4/7/2008

44.25

(300)

Synoptic

4/7/2008

44.23

(100)

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Synoptic

4/7/2008

43.56

(100)

Synoptic

4/7/2008

44.01

(700)

Synoptic

4/7/2008

43.99

(200)

Synoptic

4/15/2008

39.88

(100)

Synoptic

4/16/2008

39.96

(26)

Synoptic

4/16/2008

40.15

(33)

Synoptic

4/16/2008

41.08

(2)

Synoptic

4/22/2008

41.49

(3)

Synoptic

4/24/2008

46.33

(100)

Synoptic

4/30/2008

46.74

(100)

Synoptic

5/8/2008

43.24

(200)

Synoptic

5/8/2008

43.25

(150)

Synoptic

5/8/2008

43.39

(300)

Synoptic

5/8/2008

43.32

(300)

Synoptic

5/8/2008

43.36

(100)

Synoptic

5/8/2008

43.38

(100)

Synoptic

5/8/2008

43.39

(300)

Synoptic

5/8/2008

43.71

(900)

Synoptic

5/8/2008

43.67

(200)

Synoptic

5/8/2008

43.75

(100)

Synoptic

5/8/2008

43.99

(200)

Synoptic

5/8/2008

43.93

(200)

Synoptic

5/8/2008

43.95

(500)

Synoptic

5/8/2008

44.01

(400)

Synoptic

5/8/2008

44.38

(100)

Synoptic

5/8/2008

44.07

(278)

Synoptic

5/8/2008

43.96

(200)

Synoptic

5/8/2008

43.98

(300)

Synoptic

5/9/2008

44.77

(100)

Synoptic

5/9/2008

44.87

(64)

Valence

3/24/2008

43.30

92

Valence

4/8/2008

42.74

300

Valence

4/15/2008

39.51

100

Valence

4/15/2008

39.41

200

Valence

4/15/2008

39.47

100

Valence

4/15/2008

39.44

300

Valence

4/15/2008

39.35

200

Valence

4/15/2008

39.32

300

Valence

4/15/2008

39.25

200

Valence

4/16/2008

40.97

200

Valence

4/16/2008

40.95

500

Valence

4/16/2008

40.94

300

Valence

4/16/2008

40.96

100

Valence

4/23/2008

42.05

200

Valence

4/23/2008

42.08

100

Valence

4/23/2008

42.71

400

Valence

4/23/2008

42.68

300

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Valence

4/23/2008

42.73

100

Valence

4/23/2008

42.68

200

Valence

4/23/2008

42.87

600

Valence

4/30/2008

46.38

2,000

Valence

5/21/2008

46.41

2,313,200

Valence

3/27/2008

42.73

(100)

Valence

3/27/2008

42.70

(600)

Valence

3/31/2008

43.16

(100)

Valence

3/31/2008

43.18

(100)

Valence

3/31/2008

43.16

(400)

Valence

3/31/2008

43.18

(500)

Valence

3/31/2008

43.16

(1,600)

Valence

4/7/2008

42.94

(2,800)

Valence

4/9/2008

41.47

(200)

Valence

4/18/2008

41.92

(200)

Valence

4/18/2008

42.07

(300)

Valence

4/18/2008

42.02

(300)

Valence

4/18/2008

42.39

(100)

Valence

4/18/2008

42.19

(100)

Valence

4/18/2008

42.32

(200)

Valence

4/18/2008

42.48

(800)

Valence

4/21/2008

42.56

(100)

Valence

4/21/2008

42.60

(300)

Valence

4/21/2008

42.66

(200)

Valence

4/21/2008

42.68

(300)

Valence

4/21/2008

42.78

(300)

Valence

4/21/2008

42.71

(200)

Valence

4/21/2008

42.78

(100)

Valence

4/21/2008

42.93

(100)

Valence

4/21/2008

42.87

(100)

Valence

4/21/2008

42.92

(100)

Valence

4/22/2008

42.88

(300)

Valence

4/22/2008

42.89

(100)

Valence

4/22/2008

42.78

(200)

Valence

4/22/2008

42.82

(100)

Valence

4/22/2008

42.80

(200)

Valence

4/22/2008

42.78

(200)

Valence

4/22/2008

42.79

(400)

Valence

4/24/2008

46.18

(1,800)

Valence

4/25/2008

45.88

(200)

Valence

4/25/2008

45.50

(200)

Valence

4/25/2008

45.51

(200)

Valence

4/25/2008

45.08

(700)

Valence

4/25/2008

45.21

(400)

Valence

4/25/2008

45.19

(100)

Valence

4/25/2008

45.06

(200)

Valence

4/25/2008

45.00

(200)

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Valence

4/25/2008

45.39

(200)

Valence

4/25/2008

45.91

(100)

Valence

4/25/2008

45.87

(300)

Valence

4/28/2008

46.52

(100)

Valence

4/28/2008

46.50

(100)

Valence

4/28/2008

46.52

(100)

Valence

4/28/2008

46.56

(200)

Valence

4/28/2008

46.34

(400)

Valence

4/28/2008

46.54

(200)

Valence

4/28/2008

47.20

(300)

Valence

4/28/2008

47.33

(100)

Valence

4/28/2008

47.07

(200)

Valence

4/28/2008

47.10

(200)

Valence

4/28/2008

47.16

(1,100)

Valence

4/29/2008

46.41

(300)

Valence

4/29/2008

46.58

(400)

Valence

4/29/2008

46.34

(200)

Valence

4/29/2008

46.46

(11)

Valence

4/29/2008

46.47

(89)

Valence

4/29/2008

46.46

(100)

Valence

4/29/2008

46.26

(100)

Valence

4/29/2008

46.01

(100)

Valence

5/1/2008

48.39

(1,700)

Valence

5/2/2008

48.97

(200)

Valence

5/2/2008

48.78

(200)

Valence

5/2/2008

48.85

(300)

Valence

5/5/2008

48.74

(1,000)

Valence

5/8/2008

44.65

(200)

Valence

5/8/2008

45.11

(200)

Valence

5/8/2008

45.55

(400)

Valence

5/8/2008

45.32

(200)

Valence

5/8/2008

45.11

(300)

Valence

5/8/2008

45.14

(100)

Valence

5/8/2008

45.25

(200)

Valence

5/8/2008

45.23

(500)

Valence

5/8/2008

45.19

(400)

Valence

5/8/2008

45.23

(300)

Valence

5/8/2008

45.14

(100)

Valence

5/8/2008

45.29

(200)

Valence

5/8/2008

45.25

(500)

Valence

5/8/2008

45.35

(100)

Valence

5/8/2008

45.52

(200)

Valence

5/8/2008

45.67

(300)

Valence

5/8/2008

45.24

(400)

Valence

5/8/2008

44.94

(400)

Valence

5/8/2008

44.99

(700)

Valence

5/9/2008

44.31

(100)

Name

Date

Price per Share

Number of Shares Purchased/(Sold)

Valence

5/9/2008

44.35

(100)

Valence

5/9/2008

44.50

(100)

Valence

5/9/2008

44.51

(100)

Valence

5/9/2008

44.62

(100)

Valence

5/9/2008

44.61

(200)

Valence

5/9/2008

44.60

(100)

Valence

5/9/2008

44.97

(100)

Valence

5/9/2008

45.00

(200)

Valence

5/9/2008

44.99

(300)

Valence

5/9/2008

44.97

(200)

Valence

5/9/2008

44.99

(300)

Valence

5/9/2008

44.98

(100)

Valence

5/9/2008

45.00

(200)

Valence

5/9/2008

45.01

(100)

Valence

5/9/2008

45.00

(400)

Valence

5/9/2008

45.03

(100)

Valence

5/9/2008

45.29

(200)

Valence

5/9/2008

45.28

(100)

Valence

5/9/2008

45.30

(100)

Valence

5/9/2008

45.01

(100)

Valence

5/9/2008

45.09

(100)

Valence

5/9/2008

45.04

(200)

Valence

5/9/2008

45.07

(100)

Valence

5/9/2008

45.09

(100)

Valence

5/9/2008

45.11

(200)

Valence

5/9/2008

45.12

(100)

Valence

5/9/2008

45.23

(200)

Valence

5/12/2008

45.73

(700)

Valence

5/21/2008

46.41

(2,313,200)

The trading dates, transactions, exercises and assignments, and the price per share implied by the transactions, for all transactions by the Reporting Persons in options of the Issuer within the last 60 days, which were all brokered transactions, are set forth below.

Entity

Date

Security Description

Action

Notional number of shares

Price

Valence

4/18/2008

$55 Call

Expire

3700

N/A

(d) No person other than the Reporting Persons has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Shares set forth above.

Clause (e) of Item 5 of Schedule 13D is not applicable.

Item 6.     Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 6 of the Schedule 13D is hereby amended and restated in its entirety, with effect from the date of this Amendment, as follows:

As of February 13, 2008, Valence had sold listed put option contracts and listed call option contracts based upon the value of the Common Shares. These put and call option contracts have expired.

Valence currently maintains an open short position on 20,600 Common Shares.

These contracts do not give the Reporting Persons direct or indirect voting, investment or dispositive control over any securities of the Issuer.  Accordingly, the Reporting Persons disclaim any beneficial ownership in any securities that may be referenced in such contracts.

Except for the matters described herein, neither the Reporting Persons nor, to the best knowledge of any Reporting Person, any of the persons listed in Item 2 has any contract, arrangement, understanding or relationship with any person with respect to any securities of the Issuer.

Item 7.     Material to be Filed as Exhibits

Exhibit 1     Power of Attorney, granted by David E. Shaw relating to D. E. Shaw & Co., Inc., in favor of the signatories hereto, among others, dated October 24, 2007.

Exhibit 2     Power of Attorney, granted by David E. Shaw relating to D. E. Shaw & Co. II, Inc., in favor of the signatories hereto, among others, dated October 24, 2007.

Exhibit 3     Joint Filing Agreement, by and among the Reporting Persons, dated February 13, 2008.

SIGNATURE

After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete, and correct.

Dated:  May 27, 2008
 

 

D. E. SHAW VALENCE PORTFOLIOS, L.L.C.

 

By:

D. E. SHAW & CO., L.P., as Managing Member

         
   

By:

/s/ Rochelle Elias 

     

Name:

Rochelle Elias

     

Title:

Chief Compliance Officer

         
         
 

D. E. SHAW OCULUS PORTFOLIOS, L.L.C.

 

By:

D. E. SHAW & CO., L.L.C., as Managing Member

         
   

By:

/s/ Rochelle Elias 

     

Name:

Rochelle Elias

     

Title:

Chief Compliance Officer

         

 

D. E. SHAW & CO., L.L.C.

       
 

By:

/s/ Rochelle Elias 

   

Name:

Rochelle Elias

   

Title:

Chief Compliance Officer

       
       
 

D. E. SHAW & CO., L.P.

       
 

By:

/s/ Rochelle Elias 

   

Name:

Rochelle Elias

   

Title:

Chief Compliance Officer

       
       
 

DAVID E. SHAW

       
 

By:

/s/ Rochelle Elias 

   

Name:

Rochelle Elias

   

Title:

Attorney-in-Fact for David E. Shaw

EX-24.A 2 ex_1.htm EXHIBIT 1 -- POWER OF ATTORNEY Power of Attorney

Exhibit 1

POWER OF ATTORNEY
FOR CERTAIN FILINGS
UNDER THE SECURITIES EXCHANGE ACT OF 1934

I, David E. Shaw, hereby make, constitute, and appoint each of:
 
 

Anne Dinning,

Rochelle Elias,

Julius Gaudio,

John Liftin,

Louis Salkind,

Stuart Steckler,

Maximilian Stone, and

Eric Wepsic,

acting individually, as my agent and attorney-in-fact, with full power of substitution, for the purpose of, from time to time, executing in my name and/or my capacity as President of D. E. Shaw & Co., Inc. (acting for itself or as the general partner of D. E. Shaw & Co., L. P. and general partner, managing member, or manager of other entities, any of which in turn may be acting for itself or other entities) all documents, certificates, instruments, statements, other filings, and amendments to the foregoing (collectively, “documents”) determined by such person to be necessary or appropriate to comply with ownership or control-person reporting requirements imposed by any United States or non-United States governmental or regulatory authority, including without limitation Forms 3, 4, 5, and 13F and Schedules 13D and 13G required to be filed with the Securities and Exchange Commission; and delivering, furnishing, or filing any such documents to or with the appropriate governmental or regulatory authority.  Any such determination shall be conclusively evidenced by such person’s execution, delivery, furnishing, and/or filing of the applicable document.

This power of attorney shall be valid from the date hereof and replaces the power granted on February 24, 2004, which is hereby cancelled.

IN WITNESS HEREOF, I have executed this instrument as of the date set forth below.
 
Date:  October 24, 2007
 
DAVID E. SHAW, as President of
D. E. Shaw & Co., Inc.
/s/David E. Shaw
New York, New York

EX-24.B 3 ex_2.htm EXHIBIT 2 -- POWER OF ATTORNEY Power of Attorney

Exhibit 2

POWER OF ATTORNEY
FOR CERTAIN FILINGS
UNDER THE SECURITIES EXCHANGE ACT OF 1934

I, David E. Shaw, hereby make, constitute, and appoint each of:
 
 

Anne Dinning ,

Rochelle Elias,

Julius Gaudio,

John Liftin,

Louis Salkind,

Stuart Steckler,

Maximilian Stone, and

Eric Wepsic,

acting individually, as my agent and attorney-in-fact, with full power of substitution, for the purpose of, from time to time, executing in my name and/or my capacity as President of D. E. Shaw & Co. II, Inc. (acting for itself or as the managing member of D. E. Shaw & Co., L.L.C. and general partner, managing member, or manager of other entities, any of which in turn may be acting for itself or other entities) all documents, certificates, instruments, statements, other filings, and amendments to the foregoing (collectively, “documents”) determined by such person to be necessary or appropriate to comply with ownership or control-person reporting requirements imposed by any United States or non-United States governmental or regulatory authority, including without limitation Forms 3, 4, 5, and 13F and Schedules 13D and 13G required to be filed with the Securities and Exchange Commission; and delivering, furnishing, or filing any such documents to or with the appropriate governmental or regulatory authority.  Any such determination shall be conclusively evidenced by such person’s execution, delivery, furnishing, and/or filing of the applicable document.

This power of attorney shall be valid from the date hereof and replaces the power granted on February 24, 2004, which is hereby cancelled.

IN WITNESS HEREOF, I have executed this instrument as of the date set forth below.
 
Date:  October 24, 2007
 
DAVID E. SHAW, as President of
D. E. Shaw & Co. II, Inc.
/s/David E. Shaw
New York, New York

EX-99.1 4 ex_3.htm EXHIBIT 3 -- JOINT FILING AGREEMENT Joint Filing Agreement

Exhibit 3

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, each of the undersigned Reporting Persons hereby agrees to the joint filing, along with all other such Reporting Persons, on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to shares of Class A Common Stock, $0.01 par value per share, of Orient-Express Hotels Ltd., and that this Agreement be included as an Exhibit to such joint filing.  This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

IN WITNESS WHEREOF, each of the undersigned hereby executes this Agreement as of this 13 th day of February, 2008.

 

D. E. SHAW VALENCE PORTFOLIOS, L.L.C.

 

By:

D. E. SHAW & CO., L.P., as Managing Member

         
   

By:

/s/ Rochelle Elias 

     

Name:

Rochelle Elias

     

Title:

Chief Compliance Officer

         
         
 

D. E. SHAW OCULUS PORTFOLIOS, L.L.C.

 

By:

D. E. SHAW & CO., L.L.C., as Managing Member

         
   

By:

/s/ Rochelle Elias 

     

Name:

Rochelle Elias

     

Title:

Chief Compliance Officer

         

 

D. E. SHAW & CO., L.L.C.

       
 

By:

/s/ Rochelle Elias 

   

Name:

Rochelle Elias

   

Title:

Chief Compliance Officer

       
       
 

D. E. SHAW & CO., L.P.

       
 

By:

/s/ Rochelle Elias 

   

Name:

Rochelle Elias

   

Title:

Chief Compliance Officer

       
       
 

DAVID E. SHAW

       
 

By:

/s/ Rochelle Elias 

   

Name:

Rochelle Elias

   

Title:

Attorney-in-Fact for David E. Shaw

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