13F-HR 1 d1044543_13f-hr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F Cover Page Report for the Calendar Year or Quarter Ended September 30, 2009 Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Harbert Management Corporation* Address: 2100 Third Avenue North, Suite 600 Birmingham, Alabama 35203 13F File Number: 028-12611 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. * NOTE: THE VALUES REPORTED HEREIN REFLECT THE SEPTEMBER 30, 2009 MARKET VALUES OF CERTAIN SECURITIES ONCE HELD AT LEHMAN BROTHERS INTERNATIONAL (EUROPE) ("LBIE"). LBIE'S ADMINISTRATORS HAVE INDICATED THAT SOME OF THESE SECURITIES HAVE BEEN REHYPOTHECATED, AND TO THE EXTENT SECURITIES WERE IN FACT REHYPOTHECATED, THEY WILL NOT BE RETURNED TO THE REPORTING PERSON. AS OF NOVEMBER 16, 2009, THE REPORTING PERSON IS UNABLE TO ASCERTAIN PRECISELY WHICH SECURITIES ONCE HELD AT LBIE WILL BE RETURNED AND WHICH WILL NOT, AND IS REPORTING ALL SECURITIES ONCE HELD AT LBIE, VALUED AT SEPTEMBER 30, 2009 MARKET VALUES, IN THIS REPORT. WHEN FURTHER INFORMATION BECOMES AVAILABLE FROM LBIE'S ADMINISTRATORS CONFIRMING WHICH SECURITIES WERE REHYPOTHECATED AND WHICH WERE NOT, THE REPORTING PERSON EXPECTS TO ADJUST THE SECURITIES REPORTED IN ITS SCHEDULE 13F ACCORDINGLY. Person Signing this Report on Behalf of Reporting Manager: Name: John W. McCullough Title: Senior Vice President and General Counsel Phone: 205-987-5576 Signature, Place, and Date of Signing /s/ John W. McCullough Birmingham, Alabama November 16, 2009 ----------------------- -------------------------- ---------------------- [Signature] [City, State] [Date] Report Type: (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report). [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting managers(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F File Number Name ----------------------- -------------------------- Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 92 Form 13F Information Table Value Total: $405,825 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name ---- ------------------- ------------------------------ FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------- -------------- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- AFFILIATED COMPUTER SERVICES CL A 008190100 2,709 50,000 SH SOLE NONE 50,000 0 0 ALEXANDER & BALDWIN INC COM 014482103 4,342 135,300 SH SOLE NONE 135,300 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 2,178 62,062 SH SOLE NONE 62,062 0 0 AMERICAN EAGLE OUTFITTERS NE COM 02553E106 1,349 80,000 SH SOLE NONE 80,000 0 0 AMERICAN SUPERCONDUCTOR CORP COM 030111108 1,177 35,100 SH SOLE NONE 35,100 0 0 AMERICAN SUPERCONDUCTOR CORP COM 030111108 13,416 400,000 SH CALL SOLE NONE 400,000 0 0 AMERICAN SUPERCONDUCTOR CORP COM 030111108 2,348 70,000 SH PUT SOLE NONE 70,000 0 0 AMR CORP COM 001765106 2,783 350,000 SH CALL SOLE NONE 350,000 0 0 APACHE CORP COM 037411105 487 5,300 SH SOLE NONE 5,300 0 0 ASCENT MEDIA CORP COM SER A 043632108 2,432 95,000 SH SOLE NONE 95,000 0 0 ASPEN INSURANCE HOLDINGS LTD SHS G05384105 4,818 182,000 SH SOLE NONE 182,000 0 0 AUDIOVOX CORP CL A 050757103 536 78,300 SH SOLE NONE 78,300 0 0 BANKS COM INC COM 066470105 28 97,500 SH SOLE NONE 97,500 0 0 BJ SVCS CO COM 055482103 3,886 200,000 SH SOLE NONE 200,000 0 0 BRINKS HOME SEC HLDGS INC COM 109699108 4,926 160,000 SH SOLE NONE 160,000 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 2,252 100,000 SH CALL SOLE NONE 100,000 0 0 BROADRIDGE FINL SOLUTIONS IN COM 11133T103 4,121 205,000 SH SOLE NONE 205,000 0 0 BUNGE LIMITED COM G16962105 1,878 30,000 SH PUT SOLE NONE 30,000 0 0 CABLEVISION SYS CORP CL A NY CABLVS 12686C109 1,247 52,500 SH SOLE NONE 52,500 0 0 CBS CORP NEW CL B 124857202 422 35,000 SH SOLE NONE 35,000 0 0 CELANESE CORP DEL PFD 4.25% CONV 150870202 3,782 115,981 SH SOLE NONE 115,981 0 0 CENTENNIAL COMMUNCTNS CORP N CL A NEW 15133V208 154 19,300 SH PUT SOLE NONE 19,300 0 0 CF INDS HLDGS INC COM 125269100 4,312 50,000 SH SOLE NONE 50,000 0 0 CF INDS HLDGS INC COM 125269100 6,898 80,000 SH PUT SOLE NONE 80,000 0 0 VALE S A ADR 91912E105 8,096 350,000 SH PUT SOLE NONE 350,000 0 0 VALE S A ADR 91912E105 4,510 195,000 SH CALL SOLE NONE 195,000 0 0 CISCO SYS INC COM 17275R102 1,648 70,000 SH SOLE NONE 70,000 0 0 CLEARWATER PAPER CORP COM 18538R103 508 12,286 SH SOLE NONE 12,286 0 0 COMCAST CORP NEW CL A SPL 20030N200 2,529 157,300 SH SOLE NONE 157,300 0 0 CONTANGO OIL & GAS COMPANY COM NEW 21075N204 3,574 70,000 SH SOLE NONE 70,000 0 0 DR PEPPER SNAPPLE GROUP INC COM 26138E109 1,725 60,000 SH SOLE NONE 60,000 0 0 EARTHLINK INC COM 270321102 1,051 125,000 SH SOLE NONE 125,000 0 0 ECHOSTAR CORP CL A 278768106 701 38,000 SH SOLE NONE 38,000 0 0 EMULEX CORP COM NEW 292475209 4,116 400,000 SH CALL SOLE NONE 400,000 0 0 FACET BIOTECH CORP SHS 30303Q103 2,075 120,000 SH SOLE NONE 120,000 0 0 FAIR ISAAC CORP COM 303250104 1,612 75,000 SH SOLE NONE 75,000 0 0 FREEPORT-MCMORAN COPPER & GO COM 35671D857 1,029 15,000 SH CALL SOLE NONE 15,000 0 0 GAFISA S A SPONS ADR 362607301 1,661 110,000 SH SOLE NONE 110,000 0 0 GENERAL ELECTRIC CO COM 369604103 1,642 100,000 SH PUT SOLE NONE 100,000 0 0 GENTEK INC COM NEW 37245X203 3,141 82,562 SH SOLE NONE 82,562 0 0 GLOBAL INDS LTD DBCV 2.750% 8/0 379336AE0 1,928 3,000,000 PRN SOLE NONE 3,000,000 0 0 GLOBAL INDS LTD COM 379336100 2,993 315,000 SH SOLE NONE 315,000 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 3,871 21,000 SH CALL SOLE NONE 21,000 0 0 HILLTOP HOLDINGS INC COM 432748101 1,839 150,000 SH SOLE NONE 150,000 0 0 HSN INC COM 404303109 2,732 167,800 SH SOLE NONE 167,800 0 0 HUBBELL INC CL B 443510201 3,751 89,300 SH SOLE NONE 89,300 0 0 INTERCONTINENTALEXCHANGE INC COM 45865V100 4,860 50,000 SH PUT SOLE NONE 50,000 0 0 ISHARES TR INDEX FTSE XNHUA IDX 464287184 15,140 370,000 SH PUT SOLE NONE 370,000 0 0 ISHARES TR INDEX FTSE XNHUA IDX 464287184 6,138 150,000 SH CALL SOLE NONE 150,000 0 0 JOHN BEAN TECHNOLOGIES CORP COM 477839104 423 23,300 SH SOLE NONE 23,300 0 0 LIBERTY MEDIA CORP NEW CAP COM SER A 53071M302 3,598 172,000 SH SOLE NONE 172,000 0 0 LIBERTY MEDIA CORP NEW INT COM SER A 53071M104 1,316 120,000 SH SOLE NONE 120,000 0 0 LOEWS CORP COM 540424108 2,226 65,000 SH SOLE NONE 65,000 0 0 LOUISIANA PAC CORP COM 546347105 877 131,500 SH SOLE NONE 131,500 0 0 MEAD JOHNSON NUTRITION CO COM CL A 582839106 2,256 50,000 SH CALL SOLE NONE 50,000 0 0 MERCURY COMPUTER SYS COM 589378108 1,242 126,000 SH SOLE NONE 126,000 0 0 MGM MIRAGE COM 552953101 5,087 422,500 SH CALL SOLE NONE 422,500 0 0 MICROSOFT CORP COM 594918104 3,042 117,500 SH SOLE NONE 117,500 0 0 MCMORAN EXPLORATION CO PFD MAND CNV 582411500 5,607 87,800 SH SOLE NONE 87,800 0 0 MOLSON COORS BREWING CO CL B 60871R209 1,947 40,000 SH SOLE NONE 40,000 0 0 MOSAIC CO COM 61945A107 961 20,000 SH SOLE NONE 20,000 0 0 MUELLER WTR PRODS INC COM SER A 624758108 269 49,000 SH SOLE NONE 49,000 0 0 MYLAN INC PFD CONV 628530206 13,559 13,142 SH SOLE NONE 13,142 0 0 MYLAN INC COM 628530107 3,439 214,800 SH PUT SOLE NONE 214,800 0 0 MYR GROUP INC DEL COM 55405W104 2,109 100,000 SH SOLE NONE 100,000 0 0 NABORS INDS INC CL A 629579103 1,777 85,000 SH SOLE NONE 85,000 0 0 NATCO GROUP INC CL A 63227W203 443 10,000 SH CALL SOLE NONE 10,000 0 0 NEWS CORP CL A 65248E104 2,098 175,000 SH SOLE NONE 175,000 0 0 OIL STS INTL INC COM 678026105 1,054 30,000 SH SOLE NONE 30,000 0 0 OMNICARE INC COM 681904108 2,745 79,095 SH SOLE NONE 79,095 0 0 PEPSI BOTTLING GROUP INC COM 713409100 3,644 100,000 SH SOLE NONE 100,000 0 0 PEROT SYS CORP CL A 714265105 2,970 100,000 SH SOLE NONE 100,000 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 1,148 25,000 SH CALL SOLE NONE 25,000 0 0 PFIZER INC COM 717081103 2,731 165,000 SH SOLE NONE 165,000 0 0 PICO HLDGS INC COM NEW 693366205 3,502 105,000 SH SOLE NONE 105,000 0 0 PLATINUM UNDERWRITER HLDGS L COM G7127P100 2,509 70,000 SH SOLE NONE 70,000 0 0 POSCO SPONSORED ADR 693483109 1,299 12,500 SH SOLE NONE 12,500 0 0 POTLATCH CORP NEW COM 737630103 1,223 43,000 SH SOLE NONE 43,000 0 0 QUANTA SVCS INC COM 74762E102 1,660 75,000 SH SOLE NONE 75,000 0 0 RADIOSHACK CORP COM 750438103 2,403 145,000 SH SOLE NONE 145,000 0 0 DONNELLEY R R & SONS CO COM 257867101 425 20,000 SH SOLE NONE 20,000 0 0 SAFETY INS GROUP INC COM 78648T100 5,761 175,000 SH SOLE NONE 175,000 0 0 SCHERING PLOUGH CORP COM 806605101 5,650 200,000 SH SOLE NONE 200,000 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 2,817 28,500 SH CALL SOLE NONE 28,500 0 0 SPDR TR UNIT SER 1 78462F103 95,031 900,000 SH CALL SOLE NONE 900,000 0 0 SPDR TR UNIT SER 1 78462F103 42,236 400,000 SH PUT SOLE NONE 400,000 0 0 WALTER ENERGY INC COM 93317Q105 601 10,000 SH SOLE NONE 10,000 0 0 WALTER INVT MGMT CORP COM 93317W102 961 60,000 SH SOLE NONE 60,000 0 0 WYETH COM 983024100 10,323 212,500 SH SOLE NONE 212,500 0 0 WYETH COM 983024100 3,041 62,600 SH PUT SOLE NONE 62,600 0 0 YAHOO INC COM 984332106 2,233 125,400 SH SOLE NONE 125,400 0 0 YAHOO INC COM 984332106 2,233 125,400 SH PUT SOLE NONE 125,400 0 0
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