0001222765-22-000008.txt : 20220513 0001222765-22-000008.hdr.sgml : 20220513 20220513151932 ACCESSION NUMBER: 0001222765-22-000008 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220331 FILED AS OF DATE: 20220513 DATE AS OF CHANGE: 20220513 EFFECTIVENESS DATE: 20220513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WATER ISLAND CAPITAL LLC CENTRAL INDEX KEY: 0001222765 IRS NUMBER: 134100544 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10693 FILM NUMBER: 22922174 BUSINESS ADDRESS: STREET 1: 41 MADISON AVENUE STREET 2: 42ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212-584-2367 MAIL ADDRESS: STREET 1: 41 MADISON AVENUE STREET 2: 42ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001222765 XXXXXXXX 03-31-2022 03-31-2022 false WATER ISLAND CAPITAL LLC

41 Madison Avenue 42nd Floor New York NY 10010

13F HOLDINGS REPORT 028-10693 N Chris Plunkett 917-475-9249 Chris Plunkett New York NY 05-13-2022 0 100 1972509 INFORMATION TABLE 2 infotable.xml AEROJET ROCKETDYNE HLDGS INC Equity 007800105 28597 726724 SH SOLE 672508 0 54216 ADVANCED MICRO DEVICES INC Equity 007903107 415 3800 SH SOLE 3800 0 0 AMERICAN NATIONAL GROUP INC Equity 02772A109 1000 5289 SH SOLE 5289 0 0 PREFERRED APT CMNTYS INC Equity 74039L103 29315 1175423 SH SOLE 1104803 0 70620 ATOTECH LTD Equity G0625A105 25262 1150880 SH SOLE 1150880 0 0 ACTIVISION BLIZZARD INC Equity 00507V109 57634 719431 SH SOLE 675836 0 43595 BRICKELL BIOTECH INC Equity 10802T105 27 100000 SH SOLE 100000 0 0 B & G FOODS INC NEW Equity Call 05508R906 3 20000 SH Call SOLE 20000 0 0 ALLBIRDS INC Equity 01675A109 60 10000 SH SOLE 10000 0 0 BAKKT HOLDINGS INC Equity 05759B107 870 141200 SH SOLE 141200 0 0 BLUEROCK RESIDENTIAL GWT REI Equity 09627J102 12662 476558 SH SOLE 447283 0 29275 CMC MATERIALS INC Equity 12571T100 46841 252648 SH SOLE 237312 0 15336 CERNER CORP Equity 156782104 66866 714690 SH SOLE 671829 0 42861 CHANGE HEALTHCARE INC Equity 15912K100 65367 2998464 SH SOLE 2759316 0 239148 CORNERSTONE BLDG BRANDS INC Equity 21925D109 47798 1965387 SH SOLE 1843260 0 122127 COHERENT INC Equity 192479103 73351 268332 SH SOLE 251602 0 16730 CITRIX SYS INC Equity 177376100 50772 503187 SH SOLE 473277 0 29910 DIEBOLD NIXDORF INC Equity Call 253651903 2 31000 SH Call SOLE 31000 0 0 US ECOLOGY INC Equity 91734M103 49854 1041227 SH SOLE 977963 0 63264 BOTTOMLINE TECH DEL INC Equity 101388106 51421 907220 SH SOLE 851675 0 55545 FLAGSTAR BANCORP INC Equity 337930705 916 21594 SH SOLE 21594 0 0 FIRST HORIZON CORPORATION Equity 320517105 50789 2162143 SH SOLE 2044758 0 117385 FIVE9 INC Corporate Bond 338307AD3 3256 3000000 PRN SOLE 3000000 0 0 FIVE9 INC Equity 338307101 265 2400 SH SOLE 2400 0 0 SPX FLOW INC Equity 78469X107 2161 25068 SH SOLE 25068 0 0 FERRO CORP Equity 315405100 976 44887 SH SOLE 44887 0 0 GCP APPLIED TECHNOLOGIES INC Equity 36164Y101 32931 1048097 SH SOLE 990465 0 57632 HARTFORD FINL SVCS GROUP INC Equity 416515104 1342 18694 SH SOLE 18694 0 0 HOUGHTON MIFFLIN HARCOURT CO Equity 44157R109 60374 2873568 SH SOLE 2692847 0 180721 HEALTHCARE TR AMER INC Equity 42225P501 41126 1312262 SH SOLE 1231087 0 81175 INTRICON CORP Equity 46121H109 424 17775 SH SOLE 17775 0 0 INVESTORS BANCORP INC NEW Equity 46146L101 1292 86521 SH SOLE 86521 0 0 KAMAN CORP Corporate Bond 483548AF0 3120 3000000 PRN SOLE 3000000 0 0 KALEYRA INC Equity 483379103 1070 178890 SH SOLE 178890 0 0 LHC GROUP INC Equity 50187A107 39284 233000 SH SOLE 218311 0 14689 MONEYGRAM INTERNATIONAL INC Equity 60935QAP1 18815 6295931 SH SOLE 6217449 0 78482 MGM GROWTH PPTYS LLC Equity 55303A105 982 25375 SH SOLE 25375 0 0 MIMECAST LTD Equity G14838109 54778 688596 SH SOLE 645682 0 42914 MKS INSTRS INC Equity Call 55306N904 92 59000 SH Call SOLE 59000 0 0 MONEYLION INC Equity 60938K106 8203 3606696 SH SOLE 3606696 0 0 MANDIANT INC Equity 562662106 59145 2651041 SH SOLE 2490693 0 160348 MOMENTIVE GLOBAL INC Equity 60878Y108 40090 2465551 SH SOLE 2312238 0 153313 MERITOR INC Equity 59001K100 40889 1149544 SH SOLE 1087645 0 61899 MAGNACHIP SEMICONDUCTOR CORP Equity 55933J203 19611 1159732 SH SOLE 1085684 0 74048 NIELSEN HLDGS PLC Equity G6518L108 52464 1926000 SH SOLE 1798455 0 127545 NEOPHOTONICS CORP Equity 64051T100 25214 1657697 SH SOLE 1570233 0 87464 ORTHO CLINICAL DIAGNOSTICS H Equity G6829J107 507 27188 SH SOLE 27188 0 0 PACIFIC BIOSCIENCES CALIF IN Equity 69404D108 273 30000 SH SOLE 30000 0 0 ANAPLAN INC Equity 03272L108 57880 889775 SH SOLE 834318 0 55457 PNM RES INC Equity 69349H107 49103 1030062 SH SOLE 966286 0 63776 PLANTRONICS INC NEW Equity 727493108 43852 1113000 SH SOLE 1042660 0 70340 PARATEK PHARMACEUTICALS INC Corporate Bond 699374AB0 2014 2250000 PRN SOLE 2250000 0 0 PARATEK PHARMACEUTICALS INC Equity 699374302 163 54868 SH SOLE 54868 0 0 RENEWABLE ENERGY GROUP INC Equity 75972A301 44451 732903 SH SOLE 686978 0 45925 RINGCENTRAL INC Convertible Bond 76680RAF4 2700 3105000 PRN SOLE 3105000 0 0 ROGERS CORP Equity 775133101 84970 312735 SH SOLE 293933 0 18802 SANDERSON FARMS INC Equity 800013104 41867 223305 SH SOLE 209936 0 13369 SPIRIT AIRLS INC Equity 848577102 5204 237966 SH SOLE 224131 0 13835 SOUTH JERSEY INDS INC Equity 838518108 40868 1182861 SH SOLE 1118872 0 63989 SPOTIFY USA INC Convertible Bond 84921RAB6 2982 3500000 PRN SOLE 3500000 0 0 SPDR S&P 500 ETF TR Equity Call 78462F903 35 22500 SH Call SOLE 22500 0 0 BLOCK INC Corporate Bond 852234AF0 2621 2000000 PRN SOLE 2000000 0 0 TENNECO INC Equity 880349105 28569 1559416 SH SOLE 1477298 0 82118 TEGNA INC Equity 87901J105 55520 2478576 SH SOLE 2343326 0 135250 SOC TELEMED INC Equity 78472F101 454 151803 SH SOLE 151803 0 0 TERMINIX GLOBAL HOLDINGS INC Equity 88087E100 14113 309282 SH SOLE 291471 0 17811 TRISTATE CAP HLDGS INC Equity 89678F100 1044 31415 SH SOLE 31415 0 0 TOWER SEMICONDUCTOR LTD Equity M87915274 7961 164486 SH SOLE 155237 0 9249 TAKE-TWO INTERACTIVE SOFTWAR Equity Call 874054909 59 40900 SH Call SOLE 38400 0 2500 TWITTER INC Convertible Bond 90184LAF9 2544 2500000 PRN SOLE 2500000 0 0 UNITI GROUP INC Equity Call 91325V908 21 70000 SH Call SOLE 70000 0 0 UPHEALTH INC Equity 91532B101 106 97623 SH SOLE 97623 0 0 VONAGE HLDGS CORP Equity Put 92886T951 12 15600 SH Put SOLE 14600 0 1000 VONAGE HLDGS CORP Corporate Bond 92886TAJ1 3298 2500000 PRN SOLE 2500000 0 0 VONAGE HLDGS CORP Equity 92886T201 56892 2803948 SH SOLE 2638259 0 165689 VEONEER INC Equity 92336X109 2011 54417 SH SOLE 54417 0 0 WELBILT INC Equity 949090104 86280 3632842 SH SOLE 3431469 0 201373 Willis Towers Watson PLC Equity 948626106 69303 293385 SH SOLE 273999 0 19386 INTERSECT ENT INC Equity 46071F103 444 15866 SH SOLE 15866 0 0 XEROX HOLDINGS CORP Equity Call 98421M906 1 30000 SH Call SOLE 30000 0 0 ALLEGHANY CORP MD Equity 017175100 57792 68231 SH SOLE 63687 0 4544 ZENDESK INC Convertible Bond 98936JAD3 4412 3500000 PRN SOLE 3500000 0 0 Lightning eMotors Inc Convertible Bond 53228RAA3 5306 5946553 PRN SOLE 5946553 0 0 ZAI LAB LTD Equity 98887Q104 308 7000 SH SOLE 7000 0 0 ZYNGA INC Equity 98986T108 27434 2969027 SH SOLE 2798401 0 170626