-----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, JT2FHRpHnTGtp0Q9HH6YTWU/RRvBCrf9NA4ijI2prbVadph9fxB56iT0gFjCHcfm KdNoxW9rImRDm2IWfNwBwQ== 0000902664-08-000708.txt : 20080208 0000902664-08-000708.hdr.sgml : 20080208 20080208163114 ACCESSION NUMBER: 0000902664-08-000708 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080208 DATE AS OF CHANGE: 20080208 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: METAL MANAGEMENT INC CENTRAL INDEX KEY: 0000795665 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MISC DURABLE GOODS [5090] IRS NUMBER: 942835068 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-37978 FILM NUMBER: 08589522 BUSINESS ADDRESS: STREET 1: 325 N. LASALLE ST. STREET 2: SUITE 550 CITY: CHICAGO STATE: IL ZIP: 60610 BUSINESS PHONE: 3126450700 MAIL ADDRESS: STREET 1: 325 N. LASALLE ST. STREET 2: SUITE 550 CITY: CHICAGO STATE: IL ZIP: 60610 FORMER COMPANY: FORMER CONFORMED NAME: GENERAL PARAMETRICS CORP /DE/ DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: OZ MANAGEMENT LP CENTRAL INDEX KEY: 0001054587 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 9 WEST 57TH STREET, 39TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2127900165 MAIL ADDRESS: STREET 1: 9 WEST 57TH STREET, 39TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: OZ MANAGEMENT LLC DATE OF NAME CHANGE: 19980204 SC 13D 1 p08-0371sc13d.txt OZ MANAGEMENT, LP SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO.___)* METAL MANAGEMENT INC. ------------------------------------------------------------------------------- (NAME OF ISSUER) COMMON STOCK, PAR VALUE $0.01 PER SHARE ------------------------------------------------------------------------------- (TITLE OF CLASS OF SECURITIES) 591097209 ------------------------------------------------------------------------------- (CUSIP NUMBER) JOEL M. FRANK OZ MANAGEMENT, LP 9 WEST 57TH STREET, 39TH FLOOR NEW YORK, NY 10019 212-790-0000 ---------------------------------------------------------------------------- (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS) JANUARY 29, 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 which is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 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 purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes). CUSIP No. 591097209 Schedule 13D Page 2 of 11 Pages - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) OZ Management, LP - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) OO. See Item 3. - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- NUMBER OF 7. Sole Voting Power SHARES BENEFICIALLY 1,497,924 OWNED BY EACH REPORTING PERSON WITH - -------------------------------------------------------------------------------- 8. Shared Voting Power 0 - -------------------------------------------------------------------------------- 9. Sole Dispositive Power 1,497,924 - -------------------------------------------------------------------------------- 10. Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,497,924 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 5.73% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IA - -------------------------------------------------------------------------------- CUSIP No. 591097209 Schedule 13D Page 3 of 11 Pages - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Och-Ziff Holding Corporation - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) OO. See Item 3. - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- NUMBER OF 7. Sole Voting Power SHARES BENEFICIALLY 1,497,924 OWNED BY EACH REPORTING PERSON WITH - -------------------------------------------------------------------------------- 8. Shared Voting Power 0 - -------------------------------------------------------------------------------- 9. Sole Dispositive Power 1,497,924 - -------------------------------------------------------------------------------- 10. Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,497,924 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 5.73% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- CUSIP No. 591097209 Schedule 13D Page 4 of 11 Pages - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Och-Ziff Capital Management Group LLC - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) OO. See Item 3. - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- NUMBER OF 7. Sole Voting Power SHARES BENEFICIALLY 1,536,221 OWNED BY EACH REPORTING PERSON WITH - -------------------------------------------------------------------------------- 8. Shared Voting Power 0 - -------------------------------------------------------------------------------- 9. Sole Dispositive Power 1,536,221 - -------------------------------------------------------------------------------- 10. Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,536,221 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 5.88% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- CUSIP No. 591097209 Schedule 13D Page 5 of 11 Pages - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Daniel S. Och - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) OO. See Item 3. - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization United States - -------------------------------------------------------------------------------- NUMBER OF 7. Sole Voting Power SHARES BENEFICIALLY 1,536,221 OWNED BY EACH REPORTING PERSON WITH - -------------------------------------------------------------------------------- 8. Shared Voting Power 0 - -------------------------------------------------------------------------------- 9. Sole Dispositive Power 1,536,221 - -------------------------------------------------------------------------------- 10. Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,536,221 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 5.88% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- CUSIP No. 591097209 Schedule 13D Page 6 of 11 Pages ITEM 1. SECURITY AND ISSUER. This statement on Schedule 13D relates to the shares (the "Shares") of common stock, $0.01 par value (the "Common Stock"), of Metal Management Inc. (the "Issuer"). The principal executive office of the Issuer is located at 325 N. LaSalle Street, Suite 550, Chicago, Illinois 60610. ITEM 2. IDENTITY AND BACKGROUND. (a) This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the "Reporting Persons": (i) OZ Management LP ("OZ"), a Delaware limited partnership, serves as principal investment manager to a number of investment funds and discretionary accounts (the "Accounts) with respect to the Shares reported in this Schedule 13D. (ii) Och-Ziff Holding Corporation ("OZHC"), a Delaware corporation, serves as the general partner of OZ, with respect to the Shares reported in this Schedule 13D managed by OZ and held by the Accounts. (iii) Och-Ziff Capital Management Group LLC ("OZM"), a Delaware limited liability company, is a holding company which owns 100% of OZHC and Och-Ziff Holding LLC, a Delaware limited liability company, which serves as the general partner of another investment fund with respect to which it has voting and dispositive authority over the Shares reported in this Schedule 13D. (iv) Daniel S. Och is the Chief Executive Officer of OZHC and OZM, with respect to the Shares reported in this Schedule 13D managed by OZ and held by the Accounts. (b) The address of the principal business office of each of the Reporting Persons is 9 West 57th Street, 39th Floor, New York, NY 10019. (c) None of the Reporting Persons has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (d) None of the Reporting Persons has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws. (e) The citizenship of OZ, OZHC, and OZM is set forth above. Daniel S. Och is a United States citizen. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The Shares reported in Item 5 as beneficially owned by the Reporting Persons were acquired with funds of approximately $77,388,533.09 million (including brokerage commissions). All funds to acquire the Shares were provided from capital of the Accounts. The Shares reported herein were acquired by the Reporting Persons for investment purposes and not with a view towards changing or influencing control of the Issuer. The Issuer has entered into an Agreement and Plan of Merger with Sims Group Ltd., dated September 24, 2007. Since some of the Shares were acquired following the public announcement of the merger agreement, under interpretations of the Staff of the CUSIP No. 591097209 Schedule 13D Page 7 of 11 Pages Securities and Exchange Commission, the Reporting Persons may be deemed to have acquired the Shares in connection with the proposed merger. The Reporting Persons reserve the right to acquire, or cause to be acquired, additional securities of the Issuer or derivatives or other instruments related thereto, to dispose of, or cause to be disposed of, such securities, derivatives or other instruments at any time and to formulate other purposes, plans or proposals regarding the Issuer or any of its securities, to the extent deemed advisable in light of general investment and trading policies of the Reporting Persons, market conditions or other factors. Except as set forth herein, the Reporting Persons do not have any plans or proposals at this time that relate to or would result in any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) The aggregate percentage of Shares reported to be beneficially owned by the Reporting Persons is based upon 26,141,746 shares of Common Stock outstanding, which is the total number of shares of Common Stock outstanding as reported in the Issuer's Quarterly Report on Form 10-Q for the period ended December 31, 2007. As of the date of this filing: (i) OZ and OZHC may be deemed to beneficially own 1,497,924 shares of Common Stock, constituting approximately 5.73% of the shares of Common Stock outstanding. (ii) OZM and Mr. Och may be deemed to beneficially own 1,536,221 shares of Common Stock, constituting approximately 5.88% of the shares of Common Stock outstanding (b) Sole voting and dispositive powers of the Reporting Persons: (i) OZ and OZHC have sole voting and dispositive powers over the 1,497,924 Shares reported herein. (ii) OZM as the sole shareholder of both OZHC and Och-Ziff Holding LLC and may be deemed to control voting and dispositive power over the 1,536,221 Shares reported herein. (iii) Mr. Och, as Chief Executive Officer of OZM may be deemed to control voting and dispositive power over the 1,536,221 Shares reported herein. (c) Information concerning transactions in the Shares during the past sixty days effected by the Accounts for which the Reporting Persons have management and discretionary authority is set forth in Schedule I hereto and is incorporated herein by reference. (d) No person other than the Accounts of OZ has the right to receive or the power to direct the receipt of dividends from, or the proceeds of the sale, of the securities being reported herein. (e) Not applicable. CUSIP No. 591097209 Schedule 13D Page 8 of 11 Pages ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. The Reporting Persons may, from time to time, enter into and dispose of cash-settled equity swap or other similar derivative transactions with one or more counterparties that are based upon the value of Common Stock of the Issuer, which transactions may be significant in amount. The profit, loss and/or return on such contracts may be wholly or partially dependent on the market value of the Common Stock, the relative value of Common Stock in comparison to one or more other financial instruments, indexes or securities, a basket or group of securities in which Common Stock may be included, or a combination of any of the foregoing. These contracts will not give the Reporting Persons direct or indirect voting, or dispositive control over any securities of the Issuer and do not require the counterparties thereto to acquire, hold, vote or dispose of any securities of the Issuer. Accordingly, the Reporting Persons disclaim any beneficial ownership in any securities that may be referenced in such contracts or that may be held from time to time by any counterparties to such contracts. Except as described herein, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 hereof and between such persons and any person with respect to any securities of the Issuer, including but not limited to transfer or voting of any other securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, divisions of profits or loss, or the giving or withholding of proxies. ITEM 7. MATERIALS TO BE FILED AS EXHIBITS. 1. Joint Acquisition Statement Pursuant to Rule 13d-1(k). 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. Dated: February 8, 2008 /s/ Daniel S. Och ----------------------------------- OZ MANAGEMENT LP By Och-Ziff Holding Corporation, its general partner; By Daniel S. Och Chief Executive Officer /s/ Daniel S. Och ----------------------------------- Och-Ziff Holding Corporation By Daniel S. Och Chief Executive Officer /s/ Daniel S. Och ----------------------------------- Och-Ziff Capital Management Group LLC By Daniel S. Och Chief Executive officer and Executive Managing Director and /s/ Daniel S. Och ----------------------------------- Daniel S. Och SCHEDULE I TRANSACTIONS IN THE PAST SIXTY DAYS BY THE ACCOUNTS Unless otherwise indicated, each of the transactions described below was effected for cash on the New York Stock Exchange. Date Purchase / Sale Number of Shares Price per Share - ------------------- ------------------- ------------------ ------------------ 12/4/2007 Purchase 29,300 $44.11 12/4/2007 Purchase 13,200 $44.46 12/4/2007 Purchase 1,298 $44.49 12/5/2007 Purchase 14,045 $45.13 12/5/2007 Purchase 53,000 $45.14 12/6/2007 Purchase 15,949 $46.96 12/7/2007 Purchase 62,000 $48.62 12/7/2007 Purchase 48,851 $48.62 12/10/2007 Purchase 54,562 $49.82 12/10/2007 Purchase 19,953 $50.02 12/19/2007 Purchase 14,117 $45.71 1/2/2008 Purchase 61,452 $45.00 1/17/2008 Purchase 50,000 $45.40 1/23/2008 Purchase 14,600 $43.12 1/23/2008 Purchase 10,400 $43.90 1/23/2008 Purchase 31,500 $44.93 1/28/2008 Purchase 14,000 $48.17 1/29/2008 Purchase 36,500 $49.83 1/29/2008 Purchase 48,500 $49.87 1/30/2008 Purchase 12,000 $48.72 1/30/2008 Purchase 17,500 $48.96 1/30/2008 Purchase 25,000 $48.97 1/10/2008 Sale -44,500 $44.79 1/23/2008 Sale -6,500 $44.04 1/25/2008 Sale -14,000 $48.93 1/28/2008 Purchase 14,000 $48.17 1/29/2008 Purchase 36,500 $49.83 1/29/2008 Purchase 48,500 $49.87 1/30/2008 Purchase 12,000 $48.72 1/30/2008 Purchase 17,500 $48.96 1/30/2008 Purchase 25,000 $48.97 1/31/2008 Purchase 10,000 $49.63 2/1/2008 Purchase 25,000 $50.59 2/4/2008 Purchase 75,000 $51.05 2/5/2008 Purchase 40,000 $50.52 EXHIBIT 1 JOINT ACQUISITION STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13D, is filed on behalf of the undersigned and that all subsequent amendments to this statement on Schedule 13D, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness or accuracy of the information concerning the others, except to the extent that he or it know or has reason to believe that such information is inaccurate. Dated: February 8, 2008 /s/ Daniel S. Och ----------------------------------- OZ MANAGEMENT LP By Och-Ziff Holding Corporation, its general partner; By Daniel S. Och Chief Executive Officer /s/ Daniel S. Och ----------------------------------- Och-Ziff Holding Corporation By Daniel S. Och Chief Executive Officer /s/ Daniel S. Och ----------------------------------- Och-Ziff Capital Management Group LLC By Daniel S. Och Chief Executive officer and Executive Managing Director and /s/ Daniel S. Och ----------------------------------- Daniel S. Och -----END PRIVACY-ENHANCED MESSAGE-----