-----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, IUejyxfddqGIxsdRVFpUwnX5eZ79CNCUYAtx6sVimp4II40inkn0T9TyVHW3KxgA VU8fjUz1rV612yyZL3lpmw== 0000950136-04-000280.txt : 20040205 0000950136-04-000280.hdr.sgml : 20040205 20040205102729 ACCESSION NUMBER: 0000950136-04-000280 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040205 GROUP MEMBERS: CHARLES DAVIDSON GROUP MEMBERS: JOSEPH M. JACOBS GROUP MEMBERS: SOLITAIR LLC GROUP MEMBERS: TAURUS INVESTORS LLC GROUP MEMBERS: VALENTIS INVESTORS LLC GROUP MEMBERS: WEXFORD CAPITAL LLC GROUP MEMBERS: WEXFORD SPECTRUM INVESTORS LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SEABULK INTERNATIONAL INC CENTRAL INDEX KEY: 0000922341 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 650524593 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-46833 FILM NUMBER: 04568822 BUSINESS ADDRESS: STREET 1: 2200 ELLER DR BLDG 27 STREET 2: PO BOX 13038 CITY: FORT LAUDERDALE STATE: FL ZIP: 33316 BUSINESS PHONE: 954-524-4200 MAIL ADDRESS: STREET 1: 2200 ELLER DR BLDG 27 CITY: FT LAUDERDALE STATE: FL ZIP: 33316 FORMER COMPANY: FORMER CONFORMED NAME: HVIDE MARINE INC DATE OF NAME CHANGE: 19940427 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEXFORD CAPITAL LLC CENTRAL INDEX KEY: 0001048462 IRS NUMBER: 061442624 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 411 W PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2038627000 MAIL ADDRESS: STREET 1: 411 W PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 FORMER COMPANY: FORMER CONFORMED NAME: WEXFORD MANAGEMENT LLC DATE OF NAME CHANGE: 19971024 SC 13D/A 1 file001.txt AMENDMENT NO. 2 TO SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A-2 Under the Securities Exchange Act of 1934 (Amendment No. 2) SEABULK INTERNATIONAL INC. ------------------------------ (Name of issuer) Common Stock, $.01 Par Value Per Share -------------------------------------- (Title of class of securities) 81169P101 ------------------------ (CUSIP number) Arthur H. Amron, Esq. Wexford Capital LLC 411 West Putnam Avenue Greenwich, CT 06830 (203) 862-7012 ---------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) January 30, 2004 ---------------------------------- (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 ss.ss 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 ss. 240.13d-7 for other parties to whom copies are to be sent. Page 1 of 12 Pages CUSIP No. 81169P101
- ------------------------------------------------------------------------------------------------------------------- 1. Names of Reporting Persons. Wexford Spectrum Investors LLC I.R.S. Identification Nos. of Above Persons (entities only) (Intentionally Omitted) - ------------------------------------------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [ ] - ------------------------------------------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) OO - ------------------------------------------------------------------------------------------------------------------- 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 Shares 7. Sole Voting Power 0 Beneficially Owned by Each ------------------------------------------------------------------------------- Reporting 8. Shared Voting Power (see Item 5 below) 84,035 Person With ---------------------------------------------------------------------------------------- 9. Sole Dispositive Power 0 ------------------------------------------------------------------------------- 10. Shared Dispositive Power (see Item 5 below) 84,035 - ------------------------------------------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 84,035 - ------------------------------------------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) less than 1% - ------------------------------------------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------------------------------------------
Page 2 of 12 Pages CUSIP No. 81169P101
- ------------------------------------------------------------------------------------------------------------------- 1. Names of Reporting Persons. Valentis Investors, LLC I.R.S. Identification Nos. of Above Persons (entities only) (Intentionally Omitted) - ------------------------------------------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [ ] - ------------------------------------------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) OO - ------------------------------------------------------------------------------------------------------------------- 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 Shares 7. Sole Voting Power 0 Beneficially Owned by Each ------------------------------------------------------------------------------- Reporting 8. Shared Voting Power (see Item 5 below) 84,100 Person With ---------------------------------------------------------------------------------------- 9. Sole Dispositive Power 0 ------------------------------------------------------------------------------- 10. Shared Dispositive Power (see Item 5 below) 84,100 - ------------------------------------------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 84,100 - ------------------------------------------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) less than 1% - ------------------------------------------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------------------------------------------
Page 3 of 12 Pages CUSIP No. 81169P101
- ------------------------------------------------------------------------------------------------------------------- 1. Names of Reporting Persons. Solitair LLC I.R.S. Identification Nos. of Above Persons (entities only) (Intentionally Omitted) - ------------------------------------------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [ ] - ------------------------------------------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) OO - ------------------------------------------------------------------------------------------------------------------- 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 Shares 7. Sole Voting Power Beneficially 0 Owned by Each ------------------------------------------------------------------------------- Reporting 8. Shared Voting Power (see Item 5 below) Person With 180,000 ---------------------------------------------------------------------------------------- 9. Sole Dispositive Power 0 ------------------------------------------------------------------------------- 10. Shared Dispositive Power (see Item 5 below) 180,000 - ------------------------------------------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 180,000 - ------------------------------------------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) less than 1% - ------------------------------------------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------------------------------------------
Page 4 of 12 Pages CUSIP No. 81169P101
- ------------------------------------------------------------------------------------------------------------------- 1. Names of Reporting Persons. Taurus Investors LLC I.R.S. Identification Nos. of Above Persons (entities only) (Intentionally Omitted) - ------------------------------------------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [ ] - ------------------------------------------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) OO - ------------------------------------------------------------------------------------------------------------------- 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 Shares 7. Sole Voting Power Beneficially 0 Owned by Each ------------------------------------------------------------------------------- Reporting 8. Shared Voting Power (see Item 5 below) Person With 883,666 ---------------------------------------------------------------------------------------- 9. Sole Dispositive Power 0 ------------------------------------------------------------------------------- 10. Shared Dispositive Power (see Item 5 below) 883,666 - ------------------------------------------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 883,666 - ------------------------------------------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 3.8% - ------------------------------------------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------------------------------------------
Page 5 of 12 Pages CUSIP No. 81169P101
- ------------------------------------------------------------------------------------------------------------------- 1. Names of Reporting Persons. Charles E. Davidson I.R.S. Identification Nos. of Above Persons (entities only) (Intentionally Omitted) - ------------------------------------------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [ ] - ------------------------------------------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) OO - ------------------------------------------------------------------------------------------------------------------- 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 Shares 7. Sole Voting Power 0 Beneficially Owned by Each ------------------------------------------------------------------------------- Reporting 8. Shared Voting Power (see Item 5 below) 1,231,801 Person With ---------------------------------------------------------------------------------------- 9. Sole Dispositive Power 0 ------------------------------------------------------------------------------- 10. Shared Dispositive Power (see Item 5 below) 1,231,801 - ------------------------------------------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,231,801 - ------------------------------------------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 5.3% - ------------------------------------------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------------------------------------------
Page 6 of 12 Pages CUSIP No. 81169P101
- ------------------------------------------------------------------------------------------------------------------- 1. Names of Reporting Persons. Joseph M. Jacobs I.R.S. Identification Nos. of Above Persons (entities only) (Intentionally Omitted) - ------------------------------------------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [ ] - ------------------------------------------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) OO - ------------------------------------------------------------------------------------------------------------------- 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 Shares 7. Sole Voting Power 0 Beneficially Owned by Each ------------------------------------------------------------------------------- Reporting 8. Shared Voting Power (see Item 5 below) 1,231,801 Person With ---------------------------------------------------------------------------------------- 9. Sole Dispositive Power 0 ------------------------------------------------------------------------------- 10. Shared Dispositive Power (see Item 5 below) 1,231,801 - ------------------------------------------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,231,801 - ------------------------------------------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 5.3% - ------------------------------------------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------------------------------------------
Page 7 of 12 Pages CUSIP No. 81169P101
- ------------------------------------------------------------------------------------------------------------------- 1. Names of Reporting Persons. Wexford Capital LLC I.R.S. Identification Nos. of Above Persons (entities only) (Intentionally Omitted) - ------------------------------------------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [ ] - ------------------------------------------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) OO - ------------------------------------------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Connecticut - ------------------------------------------------------------------------------------------------------------------- Number of Shares 7. Sole Voting Power 0 Beneficially Owned by Each ------------------------------------------------------------------------------- Person With 8. Shared Voting Power (see Item 5 below) 1,231,801 ---------------------------------------------------------------------------------------- 9. Sole Dispositive Power 0 ------------------------------------------------------------------------------- 10. Shared Dispositive Power (see Item 5 below) 1,231,801 - ------------------------------------------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,231,801 - ------------------------------------------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 5.3% - ------------------------------------------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------------------------------------------
Page 8 of 12 Pages This Amendment No. 2 to Schedule 13D modifies and supplements the Schedule 13D initially filed on April 22, 2002, as amended by Amendment No. 1 to Schedule 13D filed on June 21, 2002 (as amended, the "Statement") with respect to the common stock, $0.01 par value per share (the "Common Stock"), of Seabulk International Inc. (the "Company"). Except to the extent supplemented by the information contained in this Amendment No. 2, the Statement remains in full force and effect. Capitalized terms used herein without definition have the respective meanings ascribed to them in the Statement. ITEM 2. IDENTITY AND BACKGROUND. ----------------------- Since the date of the Statement, Solitair Corp. distributed its shares of Common Stock to Solitair LLC, a Delaware limited liability company owned 100% by private investment funds managed by Wexford Capital. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. ------------------------------------ In June 2002, Taurus acquired an aggregate 51,000 shares of Common Stock in open market purchases at an average purchase price of $7.01 per share. On January 30, 2004, the Reporting Persons disposed of an aggregate of 1,200,000 shares of Common Stock at a price of $10.08 per share. As a result of the foregoing, the Reporting Persons may be deemed to own beneficially the respective percentages and numbers of shares of Common Stock set forth below (on the basis of 23,336,404 shares of Common Stock issued and outstanding on November 1, 2003, as reported in the Company's Form 10-Q filed November 14, 2003).
WEXFORD SPECTRUM INVESTORS, LLC (a) Amount beneficially owned: 84,035 (b) Percent of class: less than 1% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 84,035 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 84,035 VALENTIS INVESTORS, LLC (a) Amount beneficially owned: 84,100 (b) Percent of class: less than 1% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 84,100 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 84,100 SOLITAIR LLC (a) Amount beneficially owned: 180,000
Page 9 of 12 Pages
(b) Percent of class: less than 1% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 180,000 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 180,000 TAURUS INVESTORS LLC (a) Amount beneficially owned: 883,666 (b) Percent of class: 3.8% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 883,666 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 883,666 CHARLES E. DAVIDSON (a) Amount beneficially owned: 1,231,801 (b) Percent of class: 5.3% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 1,231,801 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 1,231,801 JOSEPH M. JACOBS (a) Amount beneficially owned: 1,231,801 (b) Percent of class: 5.3% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 1,231,801
Page 10 of 12 Pages
(iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 1,231,801 WEXFORD CAPITAL LLC (a) Amount beneficially owned: 1,231,801 (b) Percent of class: 5.3% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 1,231,801 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 1,231,801
Wexford Capital may, by reason of its status as investment advisor to the Stockholders, be deemed to own beneficially the shares of Common Stock of which the Stockholders possess beneficial ownership. Each of Charles E. Davidson and Joseph M. Jacobs may, by reason of his status as a controlling person of Wexford Capital, be deemed to own beneficially the shares of Common Stock of which the Stockholders possess beneficial ownership. Each of Charles E. Davidson, Joseph M. Jacobs and Wexford Capital shares the power to vote and to dispose of the shares of Common Stock beneficially owned by the Stockholders. Except as set forth above, the Reporting Persons have not effected any transactions in the Common Stock during the 60 days preceding the date of this Amendment No. 2 to Schedule 13D. * * * * * Page 11 of 12 Pages SIGNATURE --------- After reasonable inquiry and to the best of each of the undersigned's knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: February 3, 2004 WEXFORD SPECTRUM INVESTORS LLC By: /s/ Arthur H. Amron ------------------------ Name: Arthur H. Amron Title: Vice President VALENTIS INVESTORS, LLC By: /s/ Arthur H. Amron ------------------------ Name: Arthur H. Amron Title: Vice President TAURUS INVESTORS LLC By: /s/ Arthur H. Amron ------------------------ Name: Arthur H. Amron Title: Vice President SOLITAIR LLC By: /s/ Arthur H. Amron ------------------------ Name: Arthur H. Amron Title: Vice President WEXFORD CAPITAL LLC By: /s/ Arthur H. Amron ------------------------ Name: Arthur H. Amron Title: Principal and Secretary /s/ Charles E. Davidson ----------------------- CHARLES E. DAVIDSON /s/ Joseph M. Jacobs -------------------- JOSEPH M. JACOBS Page 12 of 12 Pages -----END PRIVACY-ENHANCED MESSAGE-----