SC 13D/A 1 ustr13da_july182003.txt UNITED STATIONERS 13D/A #7 FILED 7/18/03 ------------------------------- OMB APPROVAL ------------------------------- OMB Number: 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response. . . . . 11 ------------------------------- SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D (Section 240.13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO SECTION 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO SECTION 240.13d-2(a) (Amendment No. 7)1 United Stationers Inc. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.10 per share -------------------------------------------------------------------------------- (Title of Class of Securities) 913004107 -------------------------------------------------------------------------------- (CUSIP Number) Mark C. Wehrly Farallon Capital Management, L.L.C. One Maritime Plaza, Suite 1325 San Francisco, California 94111 (415) 421-2132 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 9, 2003 -------------------------------------------------------------------------------- (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 Sections 240.13d-1(e), 13d-1(f) or 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(b) for other parties to whom copies are to be sent. (Continued on following pages) Page 1 of 35 Pages Exhibit Index Found on Page 34 -------- 1 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 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). 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Farallon Capital Partners, L.P. ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, is a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION California -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 535,305 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 535,305 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 535,305 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 1.6 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 PN ================================================================================ Page 2 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Farallon Capital Institutional Partners, L.P. ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, is a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION California -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 505,500 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 505,500 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 505,500 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 1.5 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 PN ================================================================================ Page 3 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Farallon Capital Institutional Partners II, L.P. ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, is a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION California -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 88,300 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 88,300 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 88,300 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 0.3 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 PN ================================================================================ Page 4 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Farallon Capital Institutional Partners III, L.P. ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, is a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== CITIZENSHIP OR PLACE OF ORGANIZATION 6 Delaware -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 92,700 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 92,700 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 92,700 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 0.3 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 PN ================================================================================ Page 5 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tinicum Partners, L.P. ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, is a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 32,900 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 32,900 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 32,900 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 0.1 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 PN ================================================================================ Page 6 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Farallon Capital Management, L.L.C. ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, may be deemed a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,055,833 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 1,055,833 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,055,833 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 3.2 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 IA, OO ================================================================================ Page 7 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Farallon Partners, L.L.C. ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, may be deemed a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== CITIZENSHIP OR PLACE OF ORGANIZATION 6 Delaware -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,254,705 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 1,254,705 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,254,705 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 3.8 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 OO ================================================================================ Page 8 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) David I. Cohen ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, may be deemed a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 2,310,538 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 2,310,538 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,310,538 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 7.0 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 IN ================================================================================ Page 9 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Chun R. Ding ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, may be deemed a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 2,310,538 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 2,310,538 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,310,538 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 7.0 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 IN ================================================================================ Page 10 of 35 Pages > 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Joseph F. Downes ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, may be deemed a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 2,310,538 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 2,310,538 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,310,538 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 7.0 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 IN ================================================================================ Page 11 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) William F. Duhamel ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, may be deemed a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 2,310,538 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 2,310,538 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,310,538 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 7.0 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 IN ================================================================================ Page 12 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Richard B. Fried ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, may be deemed a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 2,310,538 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 2,310,538 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,310,538 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 7.0 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 IN ================================================================================ Page 13 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Monica R. Landry ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, may be deemed a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 2,310,538 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 2,310,538 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,310,538 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 7.0 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 IN ================================================================================ Page 14 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) William F. Mellin ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, may be deemed a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 2,310,538 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 2,310,538 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,310,538 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 7.0 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 IN ================================================================================ Page 15 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Stephen L. Millham ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, may be deemed a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 2,310,538 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 2,310,538 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,310,538 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 7.0 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 IN ================================================================================ Page 16 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Derek C. Schrier ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, may be deemed a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 2,310,538 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 2,310,538 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,310,538 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 7.0 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 IN ================================================================================ Page 17 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Thomas F. Steyer ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** 2 ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, may be deemed a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 2,310,538 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 2,310,538 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,310,538 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 7.0 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 IN ================================================================================ Page 18 of 35 Pages 13D =================== CUSIP No. 913004107 =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Mark C. Wehrly ------------==================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** ** The reporting persons making this filing hold an aggregate of 2,310,538 Shares, which is 7.0% of the class of securities. The reporting person on this cover page, however, may be deemed a beneficial owner only of the securities reported by it on this cover page. ------------==================================================================== 3 SEC USE ONLY ------------==================================================================== SOURCE OF FUNDS (See Instructions) 4 N/A ------------==================================================================== CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 5 [ ] ------------==================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------=========================================== 7 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 2,310,538 --------------=========================================== SOLE DISPOSITIVE POWER EACH 9 -0- --------------=========================================== REPORTING SHARED DISPOSITIVE POWER PERSON WITH 10 2,310,538 -------------------------------------=========================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,310,538 ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 7.0 % ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 14 IN ================================================================================ Page 19 of 35 Pages This Amendment No. 7 to Schedule 13D amends the Schedule 13D initially filed on July 3, 2001 (collectively, with all amendments thereto, the "Schedule 13D"). Item 2. Identity And Background ------ ----------------------- Item 2 of the Schedule 13D is amended and restated in its entirety as follows: (a) This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the "Reporting Persons." The Partnerships ---------------- (i) Farallon Capital Partners, L.P., a California limited partnership ("FCP"), with respect to the Shares held by it; (ii) Farallon Capital Institutional Partners, L.P., a California limited partnership ("FCIP"), with respect to the Shares held by it; (iii) Farallon Capital Institutional Partners II, L.P., a California limited partnership ("FCIP II"), with respect to the Shares held by it; (iv) Farallon Capital Institutional Partners III, L.P., a Delaware limited partnership ("FCIP III"), with respect to the Shares held by it; and (v) Tinicum Partners, L.P., a New York limited partnership ("Tinicum"), with respect to the Shares held by it. FCP, FCIP, FCIP II, FCIP III and Tinicum are together referred to herein as the "Partnerships." The Management Company ---------------------- (vi) Farallon Capital Management, L.L.C., a Delaware limited liability company (the "Management Company"), with respect to the Shares held by certain accounts managed by the Management Company (the "Managed Accounts"). The General Partner Of The Partnerships --------------------------------------- (vii) Farallon Partners, L.L.C., a Delaware limited liability company which is the general partner of each of the Partnerships (the "General Partner"), with respect to the Shares held by each of the Partnerships. Page 20 of 35 Pages The Managing Members Of The General Partner And The Management Company ---------------------------------------------------------------------- (viii) The following persons who are managing members of both the General Partner and the Management Company, with respect to the Shares held by the Partnerships and the Managed Accounts: David I. Cohen ("Cohen"), Chun R. Ding ("Ding"), Joseph F. Downes ("Downes"), William F. Duhamel ("Duhamel"), Richard B. Fried ("Fried"), Monica R. Landry ("Landry"), William F. Mellin ("Mellin"), Stephen L. Millham ("Millham"), Derek C. Schrier ("Schrier"), Thomas F. Steyer ("Steyer") and Mark C. Wehrly ("Wehrly"). Cohen, Ding, Downes, Duhamel, Fried, Landry, Mellin, Millham, Schrier, Steyer and Wehrly are together referred to herein as the "Individual Reporting Persons." (b) The address of the principal business and principal office of (i) the Partnerships, the General Partner and the Management Company is One Maritime Plaza, Suite 1325, San Francisco, California 94111 and (ii) each of the Individual Reporting Persons is set forth in Annex 1 hereto. (c) The principal business of each of the Partnerships is that of a private investment fund engaging in the purchase and sale of investments for its own account. The principal business of the General Partner is to act as the general partner of the Partnerships. The principal business of the Management Company is that of a registered investment adviser. The principal business of each of the Individual Reporting Persons is set forth in Annex 1 hereto. (d) None of the Partnerships, the Management Company, the General Partner or any of the Individual Reporting Persons has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) None of the Partnerships, the Management Company, the General Partner or any of the Individual Reporting Persons has, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or Page 21 of 35 Pages mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) The citizenship of each of the Partnerships, the General Partner and the Management Company is set forth above. Each of the Individual Reporting Persons is a United States citizen. The other information required by Item 2 relating to the identity and background of the Reporting Persons is set forth in Annex 1 hereto. Item 5. Interest In Securities Of The Issuer. ------ ------------------------------------ Item 5 of the Schedule 13D is amended and restated in its entirety as follows: (a) The Partnerships ---------------- (a),(b) The information set forth in Rows 7 through 13 of the cover page hereto for each Partnership is incorporated herein by reference for each such Partnership. The percentage amount set forth in Row 13 for all cover pages filed herewith is calculated based upon the 32,912,687 Shares outstanding as of May 14, 2003 as reported by the Company in its Quarterly Report on Form 10-Q for the period ended March 31, 2003 filed with the Securities and Exchange Commission on May 15, 2003. (c) The trade dates, number of Shares purchased or sold and the price per Share (including commissions) for all purchases and sales of the Shares by the Partnerships since the filing of the prior Schedule 13D are set forth on Schedules A-E hereto and are incorporated herein by reference. All of such transactions were open-market transactions. (d) The General Partner has the power to direct the affairs of the Partnerships, including the disposition of the proceeds of the sale of the Shares. The Individual Reporting Persons are managing members of the General Partner. (e) Not applicable. (b) The Management Company ---------------------- (a),(b) The information set forth in Rows 7 through 13 of the cover page hereto for the Management Company is incorporated herein by reference. (c) The trade dates, number of Shares purchased or sold and the price per Share (including commissions) for all purchases and sales of the Shares by the Management Company on behalf of the Managed Accounts since the filing Page 22 of 35 Pages of the prior Schedule 13D are set forth on Schedule F hereto and are incorporated herein by reference. All of such transactions were open-market transactions. (d) The Management Company, as an investment adviser, has the power to direct the disposition of the proceeds of the sale of the Shares held by the Managed Accounts. The Individual Reporting Persons are managing members of the Management Company. (e) Not applicable. (c) The General Partner ------------------- (a),(b) The information set forth in Rows 7 through 13 of the cover page hereto for the General Partner is incorporated herein by reference. (c) None. (d) The General Partner has the power to direct the affairs of the Partnerships, including the disposition of the proceeds of the sale of the Shares. The Individual Reporting Persons are managing members of the General Partner. (e) Not applicable. (d) The Individual Reporting Persons -------------------------------- (a),(b) The information set forth in Rows 7 through 13 of the cover page hereto for each Individual Reporting Person is incorporated herein by reference for each such Individual Reporting Person. (c) None. (d) The General Partner has the power to direct the affairs of the Partnerships, including the disposition of the proceeds of the sale of the Shares. The Management Company, as an investment adviser, has the power to direct the disposition of the proceeds of the sale of the Shares held by the Managed Accounts. The Individual Reporting Persons are managing members of the General Partner. The Individual Reporting Persons are managing members of the Management Company. (e) Not applicable. The Shares reported hereby for the Partnerships are owned directly by the Partnerships and those reported by the Management Company on behalf of the Managed Accounts are owned directly by the Managed Accounts. The General Partner, as general partner to the Partnerships, may be deemed to be the beneficial owner of all such Shares owned by the Partnerships. The Management Page 23 of 35 Pages Company, as investment adviser to the Managed Accounts, may be deemed to be the beneficial owner of all such Shares owned by the Managed Accounts. The Individual Reporting Persons, as managing members of both the General Partner and the Management Company, may each be deemed to be the beneficial owner of all such Shares held by the Partnerships and the Managed Accounts. Each of the Management Company, the General Partner and the Individual Reporting Persons hereby disclaims any beneficial ownership of any such Shares. Item 7. Materials To Be Filed As Exhibits. ------ --------------------------------- There is filed herewith as Exhibit 1 a written agreement relating to the filing of joint acquisition statements as required by Section 240.13d-1(f)(1) under the Securities Exchange Act of 1934, as amended. Page 24 of 35 Pages SIGNATURES ---------- After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: July 18, 2003 /s/ Joseph F. Downes ---------------------------------------- FARALLON PARTNERS, L.L.C., on its own behalf and as General Partner of FARALLON CAPITAL PARTNERS, L.P., FARALLON CAPITAL INSTITUTIONAL PARTNERS, L.P., FARALLON CAPITAL INSTITUTIONAL PARTNERS II, L.P., FARALLON CAPITAL INSTITUTIONAL PARTNERS III, L.P., And TINICUM PARTNERS, L.P. By Joseph F. Downes, Managing Member /s/ Joseph F. Downes ---------------------------------------- FARALLON CAPITAL MANAGEMENT, L.L.C., By Joseph F. Downes, Managing Member /s/ Joseph F. Downes ---------------------------------------- Joseph F. Downes, individually and as attorney-in- fact for each of David I. Cohen, Chun R. Ding, William F. Duhamel, Richard B. Fried, Monica R. Landry, William F. Mellin, Stephen L. Millham, Derek C. Schrier, Thomas F. Steyer and Mark C. Wehrly. The Powers of Attorney, each executed by Cohen, Mellin, Millham and Steyer authorizing Downes to sign and file this Schedule 13D on each person's behalf, which were filed with Amendment No. 1 to the Schedule 13D filed with the Securities and Exchange Commission on January 20, 1998, by such Reporting Persons with respect to the Units of Spiros Development Corporation II, Inc., are hereby incorporated by reference. The Powers of Attorney, each executed by Duhamel and Fried authorizing Downes to sign and file this Schedule 13D on each person's behalf, which were filed with Amendment No. 7 to the Schedule 13D filed with the Securities and Exchange Commission on February 9, 1999 by such Reporting Persons with respect to the Callable Class A Common Stock of Crescendo Pharmaceuticals Corporation, are hereby incorporated by reference. The Power of Attorney executed by Mark C. Wehrly authorizing Downes to sign and file this Schedule 13D on his behalf, which was filed with Amendment No. 4 to the Schedule 13D filed with the Securities and Exchange Commission on January 18, 2000, by such Reporting Person with respect to the Class A Common Stock of Momentum Business Applications, Inc., is hereby incorporated by reference. The Power of Attorney executed by Monica R. Landry authorizing Downes to sign and file this Schedule 13D on her behalf, which was filed with the Schedule 13G filed with the Securities and Exchange Commission on January 22, 2001, by such Reporting Person Page 25 of 35 Pages with respect to the Common Stock of Korn/Ferry International, is hereby incorporated by reference. The Powers of Attorney executed by each of Chun R. Ding and Derek C. Schrier authorizing Downes to sign and file this Schedule 13D on his behalf, which was filed with Amendment No. 1 to the Schedule 13D filed with the Securities and Exchange Commission on July 2, 2003, by such Reporting Person with respect to the Common Stock of Salix Pharmaceuticals, Ltd., is hereby incorporated by reference. Page 26 of 35 Pages ANNEX 1 Set forth below with respect to the Management Company and the General Partner is the following information: (a) name; (b) address; (c) principal business; (d) state of organization; and (e) controlling persons. Set forth below with respect to each managing member of the Management Company and the General Partner is the following: (a) name; (b) business address; (c) principal occupation; and (d) citizenship. 1. The Management Company ---------------------- (a) Farallon Capital Management, L.L.C. (b) One Maritime Plaza, Suite 1325 San Francisco, California 94111 (c) Serves as investment adviser to various managed accounts (d) Delaware limited liability company (e) Managing Members: Thomas F. Steyer, Senior Managing Member; David I. Cohen, Chun R. Ding, Joseph F. Downes, William F. Duhamel, Richard B. Fried, Monica R. Landry, William F. Mellin, Stephen L. Millham, Derek C. Schrier and Mark C. Wehrly, Managing Members. 2. The General Partner ------------------- (a) Farallon Partners, L.L.C. (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza, Suite 1325 San Francisco, California 94111 (c) Serves as general partner to investment partnerships (d) Delaware limited liability company (e) Managing Members: Thomas F. Steyer, Senior Managing Member; David I. Cohen, Chun R. Ding, Joseph F. Downes, William F. Duhamel, Fleur E. Fairman, Richard B. Fried, Monica R. Landry, William F. Mellin, Stephen L. Millham, Derek C. Schrier and Mark C. Wehrly, Managing Members. 3. The Individual Reporting Persons/The Managing Members ----------------------------------------------------- Except as stated below, each of the Managing Members (including the Individual Reporting Persons) is a United States citizen whose business address is c/o Farallon Capital Management, L.L.C., One Maritime Plaza, Suite 1325, San Francisco, California 94111. The principal occupation of Thomas F. Steyer is serving as senior managing member of the Management Company and the General Partner. The principal occupation of each other Managing Member is serving as a managing member of the Management Company and/or the General Partner. None of the Managing Members (including the Individual Reporting Persons) have any additional information to disclose with respect to Items 2-6 of the Schedule 13D that is not already disclosed in the Schedule 13D. Page 27 of 35 Pages SCHEDULE A FARALLON CAPITAL PARTNERS, L.P. NO. OF SHARES PURCHASED (P) PRICE TRADE DATE OR SOLD (S) PER SHARE($) ------------ --------------- ------------- 6/16/2003 5,800 (S) 33.46 6/17/2003 4,900 (S) 34.04 6/18/2003 15,500 (S) 34.17 6/19/2003 9,300 (S) 34.95 6/19/2003 17,200 (S) 34.83 6/19/2003 6,000 (S) 34.84 6/27/2003 200 (S) 35.98 6/30/2003 2,400 (S) 35.99 7/1/2003 2,900 (S) 36.01 7/2/2003 200 (S) 36.03 7/7/2003 5,200 (S) 36.11 7/8/2003 10,400 (S) 36.14 7/9/2003 1,900 (S) 35.99 7/11/2003 4,600 (S) 36.00 7/14/2003 17,400 (S) 37.40 7/15/2003 8,800 (S) 37.40 7/16/2003 6,500 (S) 37.40 7/17/2003 700 (S) 37.13 Page 28 of 35 Pages SCHEDULE B FARALLON CAPITAL INSTITUTIONAL PARTNERS, L.P. NO. OF SHARES PURCHASED (P) PRICE TRADE DATE OR SOLD (S) PER SHARE($) ------------ --------------- ------------- 6/16/2003 5,500 (S) 33.46 6/17/2003 4,700 (S) 34.04 6/18/2003 14,700 (S) 34.17 6/19/2003 8,800 (S) 34.95 6/19/2003 115 (S) 34.83 6/19/2003 10,400 (S) 34.84 6/27/2003 200 (S) 35.98 6/30/2003 2,300 (S) 35.99 7/1/2003 2,800 (S) 36.01 7/2/2003 200 (S) 36.03 7/7/2003 4,900 (S) 36.11 7/8/2003 9,800 (S) 36.14 7/9/2003 1,800 (S) 35.99 7/11/2003 4,400 (S) 36.00 7/14/2003 16,400 (S) 37.00 7/15/2003 8,300 (S) 37.40 7/16/2003 6,100 (S) 37.40 7/17/2003 600 (S) 37.13 Page 29 of 35 Pages > SCHEDULE C FARALLON CAPITAL INSTITUTIONAL PARTNERS II, L.P. NO. OF SHARES PURCHASED (P) PRICE TRADE DATE OR SOLD (S) PER SHARE($) ------------ --------------- ------------- 6/16/2003 1,000 (S) 33.46 6/17/2003 800 (S) 34.05 6/18/2003 2,600 (S) 34.17 6/19/2003 1,500 (S) 34.95 6/19/2003 1,400 (S) 34.83 6/19/2003 2,400 (S) 34.84 6/30/2003 400 (S) 35.99 7/1/2003 500 (S) 36.01 7/7/2003 900 (S) 36.11 7/8/2003 200 (S) 36.15 7/8/2003 1,500 (S) 34.14 7/9/2003 300 (S) 35.99 7/11/2003 800 (S) 36.00 7/14/2003 2,900 (S) 37.00 7/16/2003 2,600 (S) 37.40 7/17/2003 100 (S) 37.13 Page 30 of 35 Pages SCHEDULE D FARALLON CAPITAL INSTITUTIONAL PARTNERS III, L.P. NO. OF SHARES PURCHASED (P) PRICE TRADE DATE OR SOLD (S) PER SHARE($) ------------ --------------- ------------- 6/16/2003 1,000 (S) 33.46 6/17/2003 900 (S) 34.04 6/18/2003 2,700 (S) 34.17 6/19/2003 2,400 (S) 34.83 6/19/2003 1,600 (S) 34.84 6/19/2003 1,600 (S) 34.95 6/30/2003 400 (S) 35.99 7/1/2003 500 (S) 36.01 7/7/2003 900 (S) 36.11 7/8/2003 1,800 (S) 36.14 7/9/2003 300 (S) 35.99 7/11/2003 800 (S) 36.00 7/14/2003 3,000 (S) 37.00 7/15/2003 1,500 (S) 37.40 7/16/2003 1,100 (S) 37.40 7/17/2003 100 (S) 37.13 Page 31 of 35 Pages SCHEDULE E TINICUM PARTNERS, L.P. NO. OF SHARES PURCHASED (P) PRICE TRADE DATE OR SOLD (S) PER SHARE($) ------------ --------------- ------------- 6/16/2003 400 (S) 33.46 6/17/2003 300 (S) 34.04 6/18/2003 1,000 (S) 34.17 6/19/2003 100 (S) 34.95 6/19/2003 800 (S) 34.83 6/19/2003 600 (S) 34.84 6/19/2003 500 (S) 34.95 6/30/2003 100 (S) 35.99 7/1/2003 200 (S) 36.01 7/7/2003 300 (S) 36.11 7/8/2003 600 (S) 36.14 7/9/2003 100 (S) 35.99 7/11/2003 300 (S) 36.00 7/14/2003 1,100 (S) 37.00 7/15/2003 500 (S) 37.40 7/16/2003 400 (S) 37.40 7/17/2003 100 (S) 37.13 Page 32 of 35 Pages SCHEDULE F FARALLON CAPITAL MANAGEMENT, L.L.C. NO. OF SHARES PURCHASED (P) PRICE TRADE DATE OR SOLD (S) PER SHARE($) ------------ --------------- ------------- 6/16/2003 11,300 (S) 33.46 6/17/2003 9,300 (S) 34.04 6/17/2003 400 (S) 34.05 6/18/2003 30,500 (S) 34.17 6/19/2003 18,200 (S) 34.95 6/19/2003 45,700 (S) 34.83 6/27/2003 600 (S) 35.98 6/30/2003 4,684 (S) 35.99 7/1/2003 5,684 (S) 36.01 7/2/2003 530 (S) 36.03 7/7/2003 10,217 (S) 36.11 7/8/2003 20,694 (S) 36.14 7/9/2003 3,600 (S) 35.99 7/11/2003 9,100 (S) 36.00 7/14/2003 34,273 (S) 37.00 7/15/2003 17,500 (S) 37.40 7/16/2003 12,669 (S) 37.40 7/17/2003 1,366 (S) 37.13 Page 33 of 35 Pages EXHIBIT INDEX EXHIBIT 1 Joint Acquisition Statement Pursuant to Section 240.13D-(f)(1) Page 34 of 35 Pages EXHIBIT 1 to SCHEDULE 13D JOINT ACQUISITION STATEMENT PURSUANT TO SECTION 240.13D-(f)(1) The undersigned acknowledge and agree that the foregoing statement on Schedule 13D is filed on behalf of each 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, her or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is inaccurate. Dated: July 18, 2003 /s/ Joseph F. Downes ---------------------------------------- FARALLON PARTNERS, L.L.C., on its own behalf and as General Partner of FARALLON CAPITAL PARTNERS, L.P., FARALLON CAPITAL INSTITUTIONAL PARTNERS, L.P., FARALLON CAPITAL INSTITUTIONAL PARTNERS II, L.P., FARALLON CAPITAL INSTITUTIONAL PARTNERS III, L.P., And TINICUM PARTNERS, L.P., By Joseph F. Downes, Managing Member /s/ Joseph F. Downes ---------------------------------------- FARALLON CAPITAL MANAGEMENT, L.L.C., By Joseph F. Downes, Managing Member /s/ Joseph F. Downes ---------------------------------------- Joseph F. Downes, individually and as attorney-in- fact for each of David I. Cohen, Chun R. Ding, William F. Duhamel, Richard B. Fried, Monica R. Landry, William F. Mellin, Stephen L. Millham, Derek C. Schrier, Thomas F. Steyer and Mark C. Wehrly. Page 35 of 35 Pages