-----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, QS5jHOauvfdWY87VHvHUECVDQMqQnC7EUET1EuUOaIMRgwQI07xTaIFz55TvlXXi 9JCrRevZzcdntPKtP5iwxg== 0001209191-03-021623.txt : 20030915 0001209191-03-021623.hdr.sgml : 20030915 20030915162538 ACCESSION NUMBER: 0001209191-03-021623 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030822 FILED AS OF DATE: 20030915 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MERCER INTERNATIONAL INC CENTRAL INDEX KEY: 0000075659 STANDARD INDUSTRIAL CLASSIFICATION: PAPER MILLS [2621] IRS NUMBER: 916087550 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 14900 INTERURBAN AVENUE SOUTH STREET 2: SUITE 282 CITY: SEATTLE STATE: WA ZIP: 98168 BUSINESS PHONE: 2066744639 MAIL ADDRESS: STREET 1: 14900 INTERURBAN AVENUE SOUTH STREET 2: SUITE 282 CITY: SEATTLE STATE: WA ZIP: 98168 FORMER COMPANY: FORMER CONFORMED NAME: ASIAMERICA EQUITIES LTD DATE OF NAME CHANGE: 19920109 FORMER COMPANY: FORMER CONFORMED NAME: PACIFIC WEST REALTY TRUST DATE OF NAME CHANGE: 19860219 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GREENLIGHT CAPITAL LLC CENTRAL INDEX KEY: 0001040272 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-09409 FILM NUMBER: 03895977 BUSINESS ADDRESS: STREET 1: 420 LEXINGTON AVE SUITE 875 CITY: NEW YORK STATE: NY ZIP: 10170 BUSINESS PHONE: 2129731900 MAIL ADDRESS: STREET 1: 420 LEXINGTON AVENUE STREET 2: SUITE 875 CITY: NEW YORK STATE: NY ZIP: 10170 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: EINHORN DAVID CENTRAL INDEX KEY: 0001240451 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-09409 FILM NUMBER: 03895976 BUSINESS ADDRESS: STREET 1: 420 LEXINGTON AVE STREET 2: SUITE 1740 CITY: NEW YORK STATE: NY ZIP: 10170 BUSINESS PHONE: 2129731900 MAIL ADDRESS: STREET 1: 420 LEXINGTON AVE STREET 2: SUITE 1740 CITY: NEW YORK STATE: NY ZIP: 10170 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GREENLIGHT CAPITAL INC CENTRAL INDEX KEY: 0001079114 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-09409 FILM NUMBER: 03895975 BUSINESS ADDRESS: STREET 1: 420 LEXINGTON AVE STREET 2: SUITE 875 CITY: NEW YORK STATE: NY ZIP: 10170 BUSINESS PHONE: 2129731900 MAIL ADDRESS: STREET 1: 420 LEXINGTON AVE STREET 2: SUITE 875 CITY: NEW YORK STATE: NY ZIP: 10170 4 1 bod08994_1de.xml MAIN DOCUMENT DESCRIPTION X0201 42003-08-2200000075659MERCER INTERNATIONAL INC MERCS0001240451EINHORN DAVID420 Lexington AvenueSuite 1740New YorkNY1017000100001040272GREENLIGH T CAPITAL LLC420 Lexington AvenueSuite 1740New YorkNY1017000100001079114GREENLIGHT CAPITAL INC420 LEXINGTON AVENUESUITE 1740NEW YORKNY101700010Common Shares Option4.532003-08-222003-08-224J010D2003-06-202004-06-19Common Shares500000ISee Footnote 3Common Shares Option4.532003-08-222003-08-224J010D2003-06-202004-06-19Common Shares1000000ISee Footnote 3Common Shares Option4.532003-08-222003-08-224J010D2003-06-202003-09-21Common Shares2250000ISee Footnote 3Pursuant to that certain Agreement, dated June 20, 2003, between Greenlight Capital, L.L.C. ("Greenlight LLC"), a Delaware limited liability company controlled by Mr. Einhorn, and Saul E. Diamond (the "Diamond Agreement"), Greenlight LLC and Mr. Einhorn caused Greenlight Capital, L.P., a Delaware limited partnership ("Greenlight Fund"), Greenlight Capital Qualified, L.P., a Delaware limited partnership ("Greenlight Qualified"), and Greenlight Capital Offshore, Ltd., a British Virgin Islands international business company ("Greenlight Offshore"), each an affiliate of Greenlight LLC or Greenlight Capital, Inc., a Delaware corporation controlled by Mr. Einhorn ("Greenlight Inc" and, together with Greenlight LLC, "Greenlight"), to grant an option to Mr. Diamond for 50,000 shares of beneficial interest in Mercer International Inc. ("Mercer"). The options were subsequently cancelled on August 22, 2003.All common share options granted by Greenlight or Mr. Einhorn were cancelled, and neither Greenlight nor Mr. Einhorn currently own any derivative securities whose underlying securities are shares of beneficial interest of Mercer.Greenlight LLC and Greenlight Inc hold indirectly 2,517,500 shares of beneficial interest and 0 derivative securities of Mercer through the accounts of Greenlight Qualified and Greenlight Fund, of which Greenlight LLC is the general partner, and Greenlight Offshore, of which Greenlight Inc is the investment advisor. Greenlight LLC receives an allocation of net profits from and owns a partnership interest in Greenlight Qualified and Greenlight Fund. Greenlight Inc is the investment advisor of Greenlight Offshore and receives an asset-based fee and an annual fee base d on the appreciation of Greenlight Offshore. Mr. Einhorn reports the shares held indirectly by Greenlight LLC and Greenlight Inc because, as the managing member of Greenlight LLC and the president and director of Greenlight Inc, Mr. Einhorn controls the disposition and voting of the securities. Additionally, Mr. Einhorn owns a limited partnership interest in Greenlight Fund and owns shares in Greenlight Offshore.Pursuant to that certain Agreement, dated June 20, 2003, between Greenlight LLC and Guy W. Adams (the "Adams Agreement"), Greenlight and Mr. Einhorn caused Greenlight Fund, Greenlight Qualified and Greenlight Offshore to grant an option to Mr. Adams for 100,000 shares of beneficial interest in Mercer. The options were subsequently cancelled on August 22, 2003.Pursuant to the Adams Agreement, Greenlight and Mr. Einhorn caused Greenlight Fund, Greenlight Qualified and Greenlight Offshore to grant an option to GWA Investments LLC, an investme nt fund that Mr. Adams controls, for 225,000 shares of beneficial interest in Mercer. The options were subsequently cancelled on August 22, 2003.David Einhorn2003-09-03David Einhorn, Managing Member of Greenlight Capital, L.L.C.2003-09-03David Einhorn, President of Greenlight Capital, Inc.2003-09-03 -----END PRIVACY-ENHANCED MESSAGE-----