-----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, GpKxf+/nCuhMZ/1Em/LO/YGHm9pC3dbChO4JriMik0sURV/jgU/SWt9mtiukQZtM YttZoClWE9YAfnQD8mFmJg== 0000950172-01-000018.txt : 20010123 0000950172-01-000018.hdr.sgml : 20010123 ACCESSION NUMBER: 0000950172-01-000018 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010109 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CAPSTEAD MORTGAGE CORP CENTRAL INDEX KEY: 0000766701 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 752027937 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-37849 FILM NUMBER: 1504523 BUSINESS ADDRESS: STREET 1: 8401 NORTH CENTRAL EXPRESSWAY STREET 2: STE 800 CITY: DALLAS STATE: TX ZIP: 75225 BUSINESS PHONE: 2148742323 MAIL ADDRESS: STREET 1: 8401 NORTH CENTRAL EXPRESSWAY STREET 2: STE 800 CITY: DALLAS STATE: TX ZIP: 75225 FORMER COMPANY: FORMER CONFORMED NAME: LOMAS MORTGAGE CORP DATE OF NAME CHANGE: 19891105 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FORTRESS CAP LLC CENTRAL INDEX KEY: 0001114419 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 134116720 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1301 AVENUE OF THE AMERICAS STREET 2: 42ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2127986100 MAIL ADDRESS: STREET 1: 1301 AVENUE OF THE AMERICAS STREET 2: 42ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 SC 13D/A 1 0001.txt SCHEDULE 13D - AMENDMENT NO. 5 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D (RULE 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a) (AMENDMENT NO. 5) CAPSTEAD MORTGAGE CORPORATION ------------------------------- (NAME OF ISSUER) COMMON STOCK, PAR VALUE $0.01 PER SHARE ----------------------------------------- (TITLE OF CLASS OF SECURITIES) 14067E 40 7 -------------------------------------------- (CUSIP NUMBER) Randal A. Nardone Chief Operating Officer and Secretary Fortress Registered Investment Trust Sole member of Fortress Cap LLC 1301 Avenue of the Americas New York, New York 10019 (212) 798-6100 ------------------------------------------------------------- (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS) COPY TO: J. Gregory Milmoe Skadden, Arps, Slate, Meagher & Flom LLP Four Times Square New York, New York 10036-6522 (212) 735-3000 December 28, 2000 ------------------- (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d(f) or 13d-1(g), check the following box |_|. (Page 1 of 14 Pages) CUSIP NO. 14067E 40 7 13D PAGE 2 OF 14 PAGES - ------------------------------------------------------------------------------ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) FORTRESS CAP LLC - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| NOT APPLICABLE (b) |_| - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS NOT APPLICABLE - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER - 0 - SHARES --------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER - 9,298,717 - OWNED BY --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER - 0 - REPORTING --------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER - 9,298,717 - - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 9,298,717 - - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.2% (BASED ON 25,282,472 SHARES OF COMMON STOCK OUTSTANDING AS OF JANUARY 9, 2001 AND ASSUMING FULL CONVERSION OF THE SERIES C CONVERTIBLE PREFERRED STOCK OF CAPSTEAD BENEFICIALLY OWNED BY THE REPORTING PERSON) - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------ CUSIP NO. 14067E 40 7 13D PAGE 3 OF 14 PAGES - ------------------------------------------------------------------------------ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) FORTRESS REGISTERED INVESTMENT TRUST - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| NOT APPLICABLE (b) |_| - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS WC - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER - 0 - SHARES --------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER - 9,298,717 - OWNED BY --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER - 0 - REPORTING --------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER - 9,298,717 - - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 9,298,717 - - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.2% (BASED ON 25,282,472 SHARES OF COMMON STOCK OUTSTANDING AS OF JANUARY 9, 2001 AND ASSUMING FULL CONVERSION OF THE SERIES C CONVERTIBLE PREFERRED STOCK OF CAPSTEAD BENEFICIALLY OWNED BY THE REPORTING PERSON) - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------ CUSIP NO. 14067E 40 7 13D PAGE 4 OF 14 PAGES - ------------------------------------------------------------------------------ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) FORTRESS INVESTMENT FUND LLC - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| NOT APPLICABLE (b) |_| - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS NOT APPLICABLE - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER - 0 - SHARES --------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER - 9,298,717 - OWNED BY --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER - 0 - REPORTING --------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER - 9,298,717 - - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 9,298,717 - - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.2% (BASED ON 25,282,472 SHARES OF COMMON STOCK OUTSTANDING AS OF JANUARY 9, 2001 AND ASSUMING FULL CONVERSION OF THE SERIES C CONVERTIBLE PREFERRED STOCK OF CAPSTEAD BENEFICIALLY OWNED BY THE REPORTING PERSON) - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------ CUSIP NO. 14067E 40 7 13D PAGE 5 OF 14 PAGES - ------------------------------------------------------------------------------ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) FORTRESS INVESTMENT GROUP LLC - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| NOT APPLICABLE (b) |_| - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS NOT APPLICABLE - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER - 0 - SHARES --------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER - 9,298,717 - OWNED BY --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER - 0 - REPORTING --------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER - 9,298,717 - - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 9,298,717 - - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.2% (BASED ON 25,282,472 SHARES OF COMMON STOCK OUTSTANDING AS OF JANUARY 9, 2001 AND ASSUMING FULL CONVERSION OF THE SERIES C CONVERTIBLE PREFERRED STOCK OF CAPSTEAD BENEFICIALLY OWNED BY THE REPORTING PERSON) - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------ CUSIP NO. 14067E 40 7 13D PAGE 5 OF 14 PAGES - ------------------------------------------------------------------------------ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) FORTRESS PRINCIPAL INVESTMENT HOLDINGS LLC - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| NOT APPLICABLE (b) |_| - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS NOT APPLICABLE - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER - 0 - SHARES --------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER - 9,298,717 - OWNED BY --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER - 0 - REPORTING --------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER - 9,298,717 - - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 9,298,717 - - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.2% (BASED ON 25,282,472 SHARES OF COMMON STOCK OUTSTANDING AS OF JANUARY 9, 2001 AND ASSUMING FULL CONVERSION OF THE SERIES C CONVERTIBLE PREFERRED STOCK OF CAPSTEAD BENEFICIALLY OWNED BY THE REPORTING PERSON) - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------ This Amendment No. 5 (this "Amendment") to the Statement on Schedule 13D dated January 21, 2000, as amended by Amendment No. 1 thereto dated February 22, 2000, Amendment No. 2 thereto dated July 12, 2000, Amendment No. 3 thereto dated September 8, 2000 and Amendment No. 4 thereto dated October 31, 2000 (as so amended, the "Schedule 13D") filed by Fortress Cap LLC, a Delaware limited liability company ("Cap LLC"), Fortress Registered Investment Trust, a Delaware business trust ("Fortress Trust"), Fortress Investment Fund LLC, a Delaware limited liability company ("Fortress Fund"), Fortress Investment Group LLC, a Delaware limited liability company ("Fortress Group"), and Fortress Principal Investment Holdings LLC, a Delaware limited liability company ("FPIH"), relates to the common stock, par value $0.01 per share (the "Common Stock"), of Capstead Mortgage Corporation, a Maryland corporation ("Capstead"). This Amendment is filed jointly by Cap LLC, Fortress Trust, Fortress Fund, Fortress Group and FPIH. All capitalized terms used but not defined herein have the meanings ascribed to them in the Schedule 13D. ITEM 2. The first paragraph of Item 2 of the Schedule 13D is hereby amended and restated in its entirety as follows: Fortress Cap LLC is a Delaware limited liability company ("Cap LLC") that is wholly owned by its sole member, Fortress Registered Investment Trust, a Delaware business trust ("Fortress Trust"). All issued and outstanding shares of beneficial interest of Fortress Trust are owned by Fortress Investment Fund LLC, a Delaware limited liability company ("Fortress Fund"). Fortress Fund has no directors or executive officers. The managing member of Fortress Fund is Fortress Fund MM LLC, a Delaware limited liability company. Fortress Investment Holdings LLC is the sole member of Fortress Investment Group LLC, a Delaware limited liability company ("Fortress Group"), which, together with Fortress Fund MM Inc., a Delaware corporation, owns all of the beneficial interests of Fortress Fund MM LLC. Fortress Group is also the managing member of Fortress Fund MM LLC. Fortress Principal Investment Group LLC, a Delaware limited liability company ("FPIG"), together with Fortress Partners, LP, a Delaware limited partnership, owns all of the issued and outstanding common stock of Fortress Fund MM Inc. Fortress Principal Investment Holdings LLC, a Delaware limited liability company ("FPIH"), is the sole member of FPIG. The address of each of the above-referenced entities in this Item 2 is 1301 Avenue of the Americas, 42nd Floor, New York, New York 10019 and the principal business of each such entity is real estate-related investments. ITEM 5. Item 5 of the Schedule 13D is hereby amended and supplemented to add the following: On December 28, 2000, Cap LLC converted all of the shares of Capstead Series D Preferred Stock held by it into 2,689,000 shares of Capstead Common Stock. The conversion referenced above was consummated pursuant to and in accordance with the terms of such Series D Preferred Stock. As a result of the conversion, Cap LLC no longer owns any shares of Series D Preferred Stock. Cap LLC continues to own an aggregate of 2,689,000 shares of Capstead Series C Preferred Stock which are convertible at any time at the option of the holder into an aggregate of 2,689,000 shares of Capstead Common Stock. Since October 23, 2000, the date of the last purchase transaction reported on Amendment No. 4 to the Schedule 13D, Cap LLC has purchased an aggregate of 85,400 shares of Capstead Common Stock. All such shares were acquired in open market purchases pursuant to transactions executed by Merrill, Lynch, Pierce, Fenner & Smith, Inc. or PaineWebber Inc., each of which is a registered broker dealer. The table below sets forth (i) the date of each such acquisition, (ii) the number of shares acquired, (iii) the price per share paid in connection with each such acquisition and (iv) the aggregate purchase price paid by Cap LLC in connection with each such acquisition.
NUMBER OF PER SHARE AGGREGATE DATE OF ACQUISITION SHARES PURCHASED PURCHASE PRICE PURCHASE PRICE ------------------- ---------------- -------------- -------------- November 29, 2000................... 5,000 $ 10.2500 $ 51,550.00 November 30, 2000................... 5,000 10.2500 51,550.00 November 30, 2000................... 5,000 10.1875 51,237.50 November 30, 2000................... 1,300 10.1250 13,240.50 December 1, 2000.................... 5,000 10.2500 51,550.00 December 4, 2000.................... 12,300 10.2500 126,813.00 December 5, 2000.................... 16,600 10.2500 171,146.00 December 5, 2000.................... 1,000 10.1875 10,247.50 December 6, 2000.................... 5,400 10.2500 55,674.00 December 12, 2000................... 13,600 10.3750 141,916.00 December 13, 2000................... 200 10.5000 2,112.00 December 14, 2000................... 5,500 10.5000 58,080.00 December 21, 2000................... 5,000 10.7500 54,050.00 January 2, 2001..................... 4,500 10.7500 48,645.00 Total...................... 85,400 $ 10.3359 $ 887,811.50 ====== ========= ==========
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. January 9, 2001 FORTRESS CAP LLC By: /s/ Randal A. Nardone ------------------------------- Randal A. Nardone, as Chief Operating Officer and Secretary of Fortress Registered Investment Trust, sole member of Fortress Cap LLC 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. January 9, 2001 FORTRESS REGISTERED INVESTMENT TRUST By: /s/ Randal A. Nardone ----------------------------------- Randal A. Nardone, as Chief Operating Officer and Secretary of Fortress Registered Investment Trust 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. January 9, 2001 FORTRESS INVESTMENT FUND LLC By: /s/ Randal A. Nardone ----------------------------------- Randal A. Nardone, as Chief Operating Officer and Secretary of Fortress Fund MM, LLC, managing member of Fortress Investment Fund, LLC 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. January 9, 2001 FORTRESS INVESTMENT GROUP LLC By: /s/ Randal A. Nardone --------------------------------- Randal A. Nardone, as Chief Operating Officer and Secretary of Fortress Investment Group LLC 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. January 9, 2001 FORTRESS PRINCIPAL INVESTMENT HOLDINGS LLC By: /s/ Randal A. Nardone ---------------------------- Randal A. Nardone, as Secretary -----END PRIVACY-ENHANCED MESSAGE-----