-----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, SwSFDfrFnAOagfvEcAZ7S1kQDSZxmUejrc0GL9iTHeYfHXz77x0RU19c4lwZ9h2j UYj0dYbWOd9qS91NbqmfsQ== 0000950123-09-066537.txt : 20091127 0000950123-09-066537.hdr.sgml : 20091126 20091127144253 ACCESSION NUMBER: 0000950123-09-066537 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20091127 DATE AS OF CHANGE: 20091127 GROUP MEMBERS: GEORGE SOROS GROUP MEMBERS: JONATHAN SOROS GROUP MEMBERS: ROBERT SOROS GROUP MEMBERS: SFM AH LLC GROUP MEMBERS: SFM PARTICIPATION II LLC GROUP MEMBERS: SSP OFFSHORE LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Global Ship Lease, Inc. CENTRAL INDEX KEY: 0001430725 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 000000000 STATE OF INCORPORATION: 1T FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-84157 FILM NUMBER: 091210219 BUSINESS ADDRESS: STREET 1: TRUST COMPANY COMPLEX STREET 2: AJELTAKE ROAD, AJELTAKE ISLAND CITY: MAJURO STATE: 1T ZIP: MH96960 BUSINESS PHONE: (212) 993-1670 MAIL ADDRESS: STREET 1: C/O 10 GREYCOAT PLACE CITY: LONDON STATE: X0 ZIP: SW1P 1SB FORMER COMPANY: FORMER CONFORMED NAME: GSL Holdings, Inc. DATE OF NAME CHANGE: 20080326 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SOROS FUND MANAGEMENT LLC CENTRAL INDEX KEY: 0001029160 IRS NUMBER: 133914976 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 888 SEVENTH AVENUE STREET 2: 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10106 BUSINESS PHONE: (212) 872-1054 MAIL ADDRESS: STREET 1: 888 SEVENTH AVENUE STREET 2: 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10106 SC 13G/A 1 c93138sc13gza.htm SCHEDULE 13G/A Schedule 13G/A

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 5)*

Global Ship Lease, Inc.
(Name of Issuer)
Class A Common Shares, par value $0.01 per share
(Title of Class of Securities)
Y27183105
(CUSIP Number)
November 24, 2009
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     þ Rule 13d-1(c)

     o Rule 13d-1(d)

* 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 (“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).

 
 

Continued on following pages
Page 1 of 14 Pages

 

                         
CUSIP No.
  
Y27183105 
   Page  
2 
   of   
14 
   Pages

 

           
1   NAMES OF REPORTING PERSONS
SSP OFFSHORE LLC
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  NEVIS
       
  5   SOLE VOTING POWER
     
NUMBER OF   864,500
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   864,500
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  864,500
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  1.82%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

 

                         
CUSIP No.
  
Y27183105 
   Page  
3 
   of   
14 
   Pages

 

           
1   NAMES OF REPORTING PERSONS
SFM PARTICIPATION II LLC
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  NEVIS
       
  5   SOLE VOTING POWER
     
NUMBER OF   864,500
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   864,500
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  864,500
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  1.82%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

 

                         
CUSIP No.
  
Y27183105 
   Page  
4 
   of   
14 
   Pages

 

           
1   NAMES OF REPORTING PERSONS
SFM AH LLC
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  DELAWARE
       
  5   SOLE VOTING POWER
     
NUMBER OF   864,500
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   864,500
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  864,500
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  1.82%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO

 

                         
CUSIP No.
  
Y27183105 
   Page  
5 
   of   
14 
   Pages

 

           
1   NAMES OF REPORTING PERSONS
SOROS FUND MANAGEMENT LLC
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  DELAWARE
       
  5   SOLE VOTING POWER
     
NUMBER OF   864,500
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   864,500
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  864,500
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  1.82%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO, IA

 

                         
CUSIP No.
  
Y27183105 
   Page  
6 
   of   
14 
   Pages

 

           
1   NAMES OF REPORTING PERSONS
GEORGE SOROS
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  UNITED STATES
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   864,500
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    864,500
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  864,500
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  1.82%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IA

 

                         
CUSIP No.
  
Y27183105 
   Page  
7 
   of   
14 
   Pages

 

           
1   NAMES OF REPORTING PERSONS
ROBERT SOROS
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  UNITED STATES
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   864,500
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    864,500
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  864,500
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  1.82%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IA

 

                         
CUSIP No.
  
Y27183105 
   Page  
8 
   of   
14 
   Pages

 

           
1   NAMES OF REPORTING PERSONS
JONATHAN SOROS
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  UNITED STATES
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   864,500
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    864,500
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  864,500
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  1.82%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IA

 

                         
CUSIP No.
  
Y27183105 
   Page  
9 
   of   
14 
   Pages
Item 1(a)   Name of Issuer: Global Ship Lease, Inc. (the “Issuer”).
1(b)   Address of the Issuer’s Principal Executive Offices:

c/o Portland House
Stag Place
London SW1E 5RS
United Kingdom
Item 2(a)   Name of Person Filing
The Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):
  i)   SSP Offshore LLC (“SSO”);
 
  ii)   SFM Participation II LLC (“SFM Participation”);
 
  iii)   SFM AH LLC (“SFM AH”);
 
  iv)   Soros Fund Management LLC (“SFM LLC”);
 
  v)   George Soros;
 
  vi)   Robert Soros; and
 
  vii)   Jonathan Soros.
Item 2(b)   Address of Principal Business Office or, if None, Residence:
The address of the principal business office of each of the Reporting Persons is c/o Soros Fund Management LLC, 888 Seventh Avenue, 33rd Floor, New York, New York 10106.
Item 2(c)   Citizenship:
  i)   SSO is a Nevis limited liability company;
 
  ii)   SFM Participation is a Nevis limited liability company;
 
  iii)   SFM AH is a Delaware limited liability company;
 
  iv)   SFM LLC is a Delaware limited liability company;
 
  v)   George Soros is a United States citizen;
 
  vi)   Robert Soros is a United States citizen; and
 
  vii)   Jonathan Soros is a United States citizen.
Item 2(d)   Title of Class of Securities:
Class A Common Shares, par value $0.01 per share (the “Shares”).

 

 

 

                         
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   of   
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   Pages
Item 2(e)   CUSIP Number:
Y27183105
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:
This Item 3 is not applicable.
Item 4.   Ownership:
Item 4(a)   Amount Beneficially Owned:
As of November 27, 2009, each of the Reporting Persons may be deemed the beneficial owner of 864,500 Shares issuable upon the exercise of warrants held for the account of SSO.
Item 4(b)   Percent of Class:
As of November 27, 2009, each of the Reporting Persons may be deemed the beneficial owner of approximately 1.82% of the total number of Shares outstanding assuming the exercise and conversion of all warrants held for the account of SSO.
Item 4(c)   Number of shares as to which such person has:
             
SSO            
(i)
   Sole power to vote or direct the vote:     864,500  
(ii)
   Shared power to vote or to direct the vote     0  
(iii)
   Sole power to dispose or to direct the disposition of     864,500  
(iv)
   Shared power to dispose or to direct the disposition of     0  
             
SFM Participation        
(i)
   Sole power to vote or direct the vote:     864,500  
(ii)
   Shared power to vote or to direct the vote     0  
(iii)
   Sole power to dispose or to direct the disposition of     864,500  
(iv)
   Shared power to dispose or to direct the disposition of     0  
             
SFM AH        
(i)
   Sole power to vote or direct the vote:     864,500  
(ii)
   Shared power to vote or to direct the vote     0  
(iii)
   Sole power to dispose or to direct the disposition of     864,500  
(iv)
   Shared power to dispose or to direct the disposition of     0  

 

 

 

                         
CUSIP No.
  
Y27183105 
   Page  
11 
   of   
14 
   Pages
             
SFM LLC        
(i)
   Sole power to vote or direct the vote:     864,500  
(ii)
   Shared power to vote or to direct the vote     0  
(iii)
   Sole power to dispose or to direct the disposition of     864,500  
(iv)
   Shared power to dispose or to direct the disposition of     0  
             
George Soros        
(i)
   Sole power to vote or direct the vote:     0  
(ii)
   Shared power to vote or to direct the vote     864,500  
(iii)
   Sole power to dispose or to direct the disposition of     0  
(iv)
   Shared power to dispose or to direct the disposition of     864,500  
             
Robert Soros        
(i)
   Sole power to vote or direct the vote:     0  
(ii)
   Shared power to vote or to direct the vote     864,500  
(iii)
   Sole power to dispose or to direct the disposition of     0  
(iv)
   Shared power to dispose or to direct the disposition of     864,500  
             
Jonathan Soros        
(i)
   Sole power to vote or direct the vote:     0  
(ii)
   Shared power to vote or to direct the vote     864,500  
(iii)
   Sole power to dispose or to direct the disposition of     0  
(iv)
   Shared power to dispose or to direct the disposition of     864,500  
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 have ceased to be the beneficial owners of more than five percent of the class of securities, check the following þ.
Item 6.   Ownership of More than Five Percent on Behalf of Another Person:
The partners of SSO, including Quantum Partners LDC, a Cayman Islands limited duration company, have the right to participate in the receipt of dividends from, or proceeds from the sale of, the Shares held for the account of SSO in accordance with their partnership interest in SSO.
Item 7.   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
This Item 7 is not applicable.

 

 

 

                         
CUSIP No.
  
Y27183105 
   Page  
12 
   of   
14 
   Pages
Item 8.   Identification and Classification of Members of the Group:
This Item 8 is not applicable.
Item 9.   Notice of Dissolution of Group:
This Item 9 is not applicable.
Item 10.   Certification:
By signing below each of the Reporting Persons certifies that, to the best of such person’s 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 such purpose or effect.

 

 

 

                         
CUSIP No.
  
Y27183105 
   Page  
13 
   of   
14 
   Pages
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
         
Date: November 27, 2009  SSP OFFSHORE LLC

By:  SFM PARTICIPATION II LLC
        General Partner

By:  SFM AH LLC
        Managing Member

By:  Soros Fund Management LLC
        Managing Member
 		  
  By:   /s/ Jay Schoenfarber    
    Name:   Jay Schoenfarber   
    Title:   Assistant General Counsel   
 
Date: November 27, 2009  SFM PARTICIPATION II LLC

By:  SFM AH LLC
        Managing Member

By:  Soros Fund Management LLC
        Managing Member
 		  
  By:   /s/ Jay Schoenfarber    
    Name:   Jay Schoenfarber   
    Title:   Assistant General Counsel   
 
Date: November 27, 2009  SFM AH LLC

By:  Soros Fund Management LLC
        Managing Member
 		  
  By:   /s/ Jay Schoenfarber    
    Name:   Jay Schoenfarber   
    Title:   Assistant General Counsel   
 
Date: November 27, 2009  SOROS FUND MANAGEMENT LLC
 		  
  By:   /s/ Jay Schoenfarber    
    Name:   Jay Schoenfarber   
    Title:   Assistant General Counsel   

 

 

 

                         
CUSIP No.
  
Y27183105 
   Page  
14 
   of   
14 
   Pages
         
         
Date: November 27, 2009  GEORGE SOROS
 		  
  By:   /s/ Jay Schoenfarber    
    Name:   Jay Schoenfarber   
    Title:   Attorney-in-fact   
 
Date: November 27, 2009  ROBERT SOROS
 		  
  By:   /s/ Jay Schoenfarber    
    Name:   Jay Schoenfarber   
    Title:   Attorney-in-fact   
 
Date: November 27, 2009  JONATHAN SOROS
 		  
  By:   /s/ Jay Schoenfarber    
    Name:   Jay Schoenfarber   
    Title:   Attorney-in-fact   
 

 

 

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