-----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, Qxs/mjmu0zk1C/EAKBbwdTT5DNnfotzUgfJdbiOYqGSJpTQ5CB8CSvu15uR10rfu pGhHKkUfAIMEFVuUgCPYuQ== 0001193805-06-000295.txt : 20060209 0001193805-06-000295.hdr.sgml : 20060209 20060209142113 ACCESSION NUMBER: 0001193805-06-000295 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060209 DATE AS OF CHANGE: 20060209 GROUP MEMBERS: DAVID GANEK GROUP MEMBERS: LEVEL GLOBAL OVERSEAS MASTER FUND, LTD. GROUP MEMBERS: LEVEL GLOBAL, L.L.C. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LEVEL GLOBAL INVESTORS LP CENTRAL INDEX KEY: 0001279573 IRS NUMBER: 113684852 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: 537 STEAMBOAT ROAD CITY: GREENWICH STATE: CT ZIP: 06830 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SUNPOWER CORP CENTRAL INDEX KEY: 0000867773 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 000000000 STATE OF INCORPORATION: CA FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-81168 FILM NUMBER: 06592337 BUSINESS ADDRESS: STREET 1: 430 INDIO WAY CITY: SUNNYVALE STATE: CA ZIP: 94086 BUSINESS PHONE: 408-991-0900 SC 13G 1 e600117_sc13g-sunpower.txt SCHEDULE 13G ========================= OMB APPROVAL ========================= OMB Number: 3235-0145 ========================= Expires: January 31, 2006 ========================= Estimated average burden hours per response... 11 ========================= UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ___________)* SUNPOWER CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) Class A Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 867652109 - -------------------------------------------------------------------------------- (CUSIP Number) November 23, 2005 * On December 2, 2005 a Schedule 13G with respect to the Class A Common Stock of Sunpower Corporation was sent (by DHL Federal Express) to the Securities and Exchange Commission (the "SEC") by the reporting persons listed on this Schedule 13G. The Schedule 13G was sent to the attention of the Division of Corporate Finance at 100 F. Street North East, Room 3628, Washington, D.C. 20549. In a letter dated January 10, 2006, the SEC informed Level Global Investors, L.P. that the Schedule 13G must be submitted electronically through EDGAR. As of the date of this electronic filing, Level Global Investors, L.P., along with the other reporting persons listed on this Schedule 13G, own less than 5% of the Class A Common Stock of Sunpower Corporation. An amendment to this Schedule 13G will be timely filed after this Schedule 13G is filed in order to formerly notify the SEC that the reporting persons currently hold less than 5% of the Class A Common Stock of Sunpower Corporation. - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |X| Rule 13d-1(c) |_| Rule 13d-1(d) Page 1 of 10 *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). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1745 (12-02) Page 2 of 10 CUSIP No. 867652109 13G - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Level Global Overseas Master Fund, Ltd. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 0 ----------------------------------------------------------------- NUMBER OF 6. SHARED VOTING POWER SHARES BENEFICIALLY 400,000 OWNED BY ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH ----------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 400,000 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 400,000 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 10 CUSIP No. 867652109 13G - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Level Global Investors, L.P. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 0 ----------------------------------------------------------------- NUMBER OF 6. SHARED VOTING POWER SHARES BENEFICIALLY 400,000 OWNED BY ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH ----------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 400,000 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 400,000 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 10 CUSIP No. 867652109 13G - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Level Global, L.L.C. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 0 ----------------------------------------------------------------- NUMBER OF 6. SHARED VOTING POWER SHARES BENEFICIALLY 400,000 OWNED BY ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH ----------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 400,000 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 400,000 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 5 of 10 CUSIP No. 867652109 13G - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) David Ganek - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 0 ----------------------------------------------------------------- NUMBER OF 6. SHARED VOTING POWER SHARES BENEFICIALLY 400,000 OWNED BY ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH ----------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 400,000 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 400,000 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 6 of 10 Item 1 (a) Name of Issuer: Sunpower Corporation --------------------------------------------------------------------- Item 1 (b) Address of Issuer's Principal Executive Offices: 430 Indio Way, Sunnyvale, California 94085 --------------------------------------------------------------------- Item 2 (a) Name of Person Filing: (i) Level Global Overseas Master Fund, Ltd. with respect to shares of Class A Common Stock beneficially owned by it. (ii) Level Global Investors, L.P. with respect to shares of Class A Common Stock beneficially owned by Level Global Overseas Master Fund, Ltd. (iii) Level Global, L.L.C. with respect to shares of Class A Common Stock beneficially owned by Level Global Investors, L.P. and Level Global Overseas Master Fund, Ltd. (iv) David Ganek with respect to shares of Class A Common Stock beneficially owned by Level Global, L.L.C, Level Global Investors, L.P. and Level Global Overseas Master Fund, Ltd. --------------------------------------------------------------------- Item 2 (b) Address of Principal Business Office or, if none, Residence: The address of the principal business office of Level Global Investors, L.P., Level Global, L.L.C. and David Ganek is 537 Steamboat Road, Suite 400, Greenwich, Connecticut 06830. The address of the principal business office of Level Global Overseas Master Fund, Ltd. is c/o Citco Fund Services (Bermuda) Limited, Washington Mall West, 2nd Floor, 7 Reid Street, Hamilton HM11, Bermuda. --------------------------------------------------------------------- Item 2 (c) Citizenship: Level Global Investors, L.P. is a Delaware limited partnership. Level Global, L.L.C. is a Delaware limited liability company. Level Global Overseas Master Fund, Ltd. is an exempted company incorporated under the laws of the Cayman Islands. David Ganek is a United States citizen. --------------------------------------------------------------------- Item 2 (d) Title of Class of Securities: Class A Common Stock, par value $0.001 per share --------------------------------------------------------------------- Page 7 of 10 --------------------------------------------------------------------- Item 2 (e) CUSIP Number: 867652109 --------------------------------------------------------------------- Item 3 Not Applicable Item 4 Ownership. (i) Level Global Overseas Master Fund, Ltd. has shared voting and dispositive powers with respect to 400,000 shares of Class A Common Stock constituting approximately 5.1% of such class of securities. Level Global Overseas Master Fund, Ltd. does not have sole voting or dispositive powers with respect to such shares of Common Stock. (ii) Level Global Investors, L.P. has shared voting and dispositive powers with respect to 400,000 shares of Class A Common Stock constituting approximately 5.1% of such class of securities. Level Global Investors, L.P. does not have sole voting or dispositive powers with respect to such shares of Common Stock. (iii) Level Global, L.L.C. has shared voting and dispositive powers with respect to 400,000 shares of Class A Common Stock constituting approximately 5.1% of such class of securities. Level Global, L.L.C. does not have sole voting or dispositive powers with respect to such shares of Common Stock. (iv) David Ganek has shared voting and dispositive powers with respect to 400,000 shares of Class A Common Stock constituting approximately 5.1% of such class of securities. David Ganek does not have sole voting or dispositive powers with respect to such shares of Common Stock. Level Global Investors, L.P., Level Global, L.L.C. and David Ganek do not directly own shares of Class A Common Stock. Pursuant to an investment management agreement, Level Global Investors, L.P. shares all voting and investment powers with respect to the securities held by Level Global Overseas Master Fund, Ltd. Level Global, L.L.C. acts as the general partner of Level Global Investors, L.P. David Ganek controls Level Global Investors, L.P. and Level Global, L.L.C. Item 5 Ownership of Five Percent or Less of a Class Not applicable Item 6 Ownership of More than Five Percent on Behalf of Another Person Not applicable Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person Not applicable Page 8 of 10 Item 8 Identification and Classification of Members of the Group Not applicable Item 9 Notice of Dissolution of Group Not applicable Page 9 of 10 Item 10 Certification By signing below I certify that, to the best of my 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 that purpose or effect. 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 9, 2006 Level Global Overseas Master Fund, Ltd. By: Level Global Investors, L.P., as investment manager to Level Global Overseas Master Fund, Ltd. By: Level Global, L.L.C., as general partner of Level Global Investors, L.P. By: /s/ David Ganek ----------------------------------- Name: David Ganek Title: Managing Member Level Global Investors, L.P. By: Level Global, L.L.C., as general partner of Level Global Investors, L.P. By: /s/ David Ganek ----------------------------------- Name: David Ganek Title: Managing Member Level Global, L.L.C. By: /s/ David Ganek ----------------------------------- Name: David Ganek Title: Managing Member David Ganek By: /s/ David Ganek ----------------------------------- Name: David Ganek Title: Managing Member, Level Global, L.L.C. 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