SC 13G/A 1 f02-12_3113ga1nmk.txt NIAGARA MOHAWK 13G: AMENDMENT NO.1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Schedule 13G/A Under the Securities Exchange Act of 1934 (Amendment No.1) Niagara Mohawk Holdings, Inc. (Name of Issuer) Common Stock, $ 0.01 par value (Title of Class of Securities) 653520106 (CUSIP Number) December 31, 2002 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) CUSIP No. .............................................................653520106 1) Name of Reporting Person.......................Lehman Brothers Holdings Inc. S.S. or I.R.S. Identification No. of Above Person................13-3216325 2) Check the Appropriate Box if a Member of a Group....................(a)[ ] (b)[ ] 3) SEC Use Only 4) Citizenship or Place of Organization...............................Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 5) Sole Voting Power.......................................................-0- 6) Shared Voting Power.....................................................-0- 7) Sole Dispositive Power..................................................-0- 8) Shared Dispositive Power................................................-0- 9) Aggregate Amount Beneficially Owned by Each Reporting Person............-0- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares.......[ ] 11) Percent of Class Represented by Amount in Row 9..........................0% 12) Type of Reporting Person.................................................HC CUSIP No. .............................................................653520106 1) Name of Reporting Person................................Lehman Brothers Inc. S.S. or I.R.S. Identification No. of Above Person................13-2518466 2) Check the Appropriate Box if a Member of a Group.....................(a)[ ] (b)[ ] 3) SEC Use Only 4) Citizenship or Place of Organization...............................Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 5) Sole Voting Power.......................................................-0- 6) Shared Voting Power.....................................................-0- 7) Sole Dispositive Power..................................................-0- 8) Shared Dispositive Power................................................-0- 9) Aggregate Amount Beneficially Owned by Each Reporting Person............-0- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares........[ ] 11) Percent of Class Represented by Amount in Row 9..........................0% 12) Type of Reporting Person.................................................BD CUSIP No. .............................................................653520106 1) Name of Reporting Person.............................Lehman Brothers Special Financing Inc. S.S. or I.R.S. Identification No. of Above Person................11-2751029 2) Check the Appropriate Box if a Member of a Group.....................(a)[ ] (b)[ ] 3) SEC Use Only 4) Citizenship or Place of Organization...............................Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 5) Sole Voting Power.......................................................-0- 6) Shared Voting Power.....................................................-0- 7) Sole Dispositive Power..................................................-0- 8) Shared Dispositive Power................................................-0- 9) Aggregate Amount Beneficially Owned by Each Reporting Person............-0- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares........[ ] 11) Percent of Class Represented by Amount in Row 9..........................0% 12) Type of Reporting Person.................................................CO CUSIP No. .............................................................653520106 1) Name of Reporting Person.......................Lehman Brothers U.K. Holdings (Delaware) Inc. S.S. or I.R.S. Identification No. of Above Person................22-3335453 2) Check the Appropriate Box if a Member of a Group.....................(a)[ ] (b)[ ] 3) SEC Use Only 4) Citizenship or Place of Organization...............................Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 5) Sole Voting Power.......................................................-0- 6) Shared Voting Power.....................................................-0- 7) Sole Dispositive Power..................................................-0- 8) Shared Dispositive Power................................................-0- 9) Aggregate Amount Beneficially Owned by Each Reporting Person............-0- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares........[ ] 11) Percent of Class Represented by Amount in Row 9..........................0% 12) Type of Reporting Person.................................................CO CUSIP No. .............................................................653520106 1) Name of Reporting Person.........................Lehman Brothers UK Holdings Ltd. S.S. or I.R.S. Identification No. of Above Person.......................N/A 2) Check the Appropriate Box if a Member of a Group.....................(a)[ ] (b)[ ] 3) SEC Use Only 4) Citizenship or Place of Organization.........................United Kingdom Number of Shares Beneficially Owned by Each Reporting Person With: 5) Sole Voting Power.......................................................-0- 6) Shared Voting Power.....................................................-0- 7) Sole Dispositive Power..................................................-0- 8) Shared Dispositive Power................................................-0- 9) Aggregate Amount Beneficially Owned by Each Reporting Person............-0- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares........[ ] 11) Percent of Class Represented by Amount in Row 9..........................0% 12) Type of Reporting Person.................................................CO CUSIP No. .............................................................653520106 1) Name of Reporting Person........................Lehman Brothers Holdings Plc S.S. or I.R.S. Identification No. of Above Person................52-2038706 2) Check the Appropriate Box if a Member of a Group.....................(a)[ ] (b)[ ] 3) SEC Use Only 4) Citizenship or Place of Organization.........................United Kingdom Number of Shares Beneficially Owned by Each Reporting Person With: 5) Sole Voting Power.......................................................-0- 6) Shared Voting Power.....................................................-0- 7) Sole Dispositive Power..................................................-0- 8) Shared Dispositive Power................................................-0- 9) Aggregate Amount Beneficially Owned by Each Reporting Person............-0- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares........[ ] 11) Percent of Class Represented by Amount in Row 9..........................0% 12) Type of Reporting Person.................................................CO CUSIP No. .............................................................653520106 1) Name of Reporting Person.......................Lehman Brothers International (Europe) S.S. or I.R.S. Identification No. of Above Person.......................N/A 2) Check the Appropriate Box if a Member of a Group.....................(a)[ ] (b)[ ] 3) SEC Use Only 4) Citizenship or Place of Organization.........................United Kingdom Number of Shares Beneficially Owned by Each Reporting Person With: 5) Sole Voting Power.......................................................-0- 6) Shared Voting Power.....................................................-0- 7) Sole Dispositive Power..................................................-0- 8) Shared Dispositive Power................................................-0- 9) Aggregate Amount Beneficially Owned by Each Reporting Person............-0- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares........[ ] 11) Percent of Class Represented by Amount in Row 9..........................0% 12) Type of Reporting Person.................................................CO Item 1(a). Name of Issuer: Niagara Mohawk Holdings, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 300 Erie Boulevard West Syracuse, New York 13202 Item 2(a). Name of Person(s) Filing: Lehman Brothers Holdings Inc. Lehman Brothers Inc. Lehman Brothers Special Financing Inc. Lehman Brothers U.K. Holdings (Delaware) Inc. Lehman Brothers UK Holdings Ltd. Lehman Brothers Holdings Plc Lehman Brothers International (Europe) Item 2(b). Address of Principal Business Office: Lehman Brothers Holdings Inc. 745 Seventh Avenue New York, New York 10019 Lehman Brothers Inc. 745 Seventh Avenue New York, New York 10019 Lehman Brothers Special Financing Inc. 745 Seventh Avenue New York, New York 10019 Lehman Brothers U.K. Holdings (Delaware) Inc. 745 Seventh Avenue New York, New York 10019 Lehman Brothers UK Holdings Ltd. 1 Broadgate London EC2M7HA Lehman Brothers Holdings Plc 1 Broadgate London EC2M7HA Lehman Brothers International (Europe) 1 Broadgate London EC2M7HA Item 2(c). Citizenship or Place of Organization: Lehman Brothers Holdings Inc. ("Holdings") is a corporation organized under the laws of the State of Delaware. Lehman Brothers Inc. ("LBI") is a corporation organized under the laws of the State of Delaware. Lehman Brothers Special Financing Inc. ("LBSF") is a corporation organized under the laws of the State of Delaware. Lehman Brothers U.K. Holdings (Delaware) Inc. ("LB UK Holdings") is a corporation organized under the laws of the State of Delaware. Lehman Brothers UK Holdings Ltd. ("LB UK Ltd.") is a corporation organized under the laws of the United Kingdom. Lehman Brothers Holdings Plc ("LBH Plc") is a corporation organized under the laws of the United Kingdom. Lehman Brothers International (Europe) ("LBIE") is a corporation organized under the laws of the United Kingdom. Item 2(d). Title of Class of Securities: Common Stock, $ 0.01 par value (the "Common Stock") Item 2(e). CUSIP Number: 653520106 Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a: (a) [ ]A broker or dealer under Section 15 of the 1934 Act (b) [ ]A bank as defined in Section 3(a)(6) of the 1934 Act (c) [ ]An insurance company as defined in Section 3(a)(19) of the 1934 Act (d) [ ]An investment company registered under Section 8 of the Investment Company Act of 1940 (e) [ ]An investment advisor in accordance with Rule 13d-1(b)(1)(ii)(E) (f) [ ]An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F) (g) [ ]A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G) (h) [ ]A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (i) [ ]A church plan that is excluded from the definition of investment company under Section 3(c)(14)Of the Investment Company Act of 1940 (j) [ ]A group, in accordance with Rule 13d-1(b)(1)(ii)(J) Item 4. Ownership (a) Amount Beneficially Owned See Item 9 of cover page. (b) Percent of Class: See Item 11 of cover page. (c) Number of shares as to which the person has: (i) sole power to vote or to direct the vote (ii) shared power to vote or to direct the vote (iii) sole power to dispose or to direct the disposition (iv) shared power to dispose or to direct the disposition See Items 5-8 of cover page. Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X]. Item 6. Ownership of More than Five Percent on Behalf of Another Person Not Applicable Item 7. Identification and Classification of the Subsidiary which Acquired the Security being Reported on by the Parent Holding Company or Control Person LBSF, a wholly-owned subsidiary of LBI was the actual owner of 5,600,000 shares of Common Stock. LBI, a Broker-Dealer registered under Section 15 of the 1934 Act is a wholly-owned subsidiary of Holdings and was the actual owner of 109,502 shares of Common Stock. LBIE was the actual owner of 4,220,000 shares of Common Stock. LBIE is a wholly-owned subsidiary of LBH Plc, which is a wholly-owned subsidiary of LB UK Ltd., which was at the time of the original 13G filed by the Reporting Persons on January 9, 2002 a wholly-owned subsidiary of LB UK Holdings, which is a wholly-owned subsidiary of Holdings. Under the rules and regulations of the Securities and Exchange Commission, Holdings may have been deemed to be the beneficial owner of the shares of Common Stock owned by LBIE, LBSF and LBI; LB UK Holdings, LB UK Ltd. and LBH Plc may have been deemed to be beneficial owners of the shares of Common Stock owned by LBIE; and LBI may have been deemed to be the beneficial owner of the shares of Common Stock owned by LBSF. Item 8. Identification and Classification of Members of the Group Not Applicable Item 9. Notice of Dissolution of Group Not Applicable Item 10. Certification [ ] By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. [X] By signing below I hereby certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned hereby certifies that the information set forth in this statement is true, complete and correct. Dated: February 13, 2003 LEHMAN BROTHERS HOLDINGS INC. By: /s/ Barrett S. DiPaolo Name: Barrett S. DiPaolo Title: Vice President LEHMAN BROTHERS INC. By: /s/ Barrett S. DiPaolo Name: Barrett S. DiPaolo Title:Senior Vice President LEHMAN BROTHERS SPECIAL FINANCING INC. By: /s/ Barrett S. DiPaolo Name: Barrett S. DiPaolo Title:Authorized Signatory LEHMAN BROTHERS U.K. HOLDINGS (DELAWARE) INC. By: /s/ Barrett S. DiPaolo Name: Barrett S. DiPaolo Title:Authorized Signatory LEHMAN BROTHERS UK HOLDINGS LTD. By: /s/ Barrett S. DiPaolo Name: Barrett S. DiPaolo Title: Authorized Signatory LEHMAN BROTHERS HOLDINGS PLC By: /s/ Barrett S. DiPaolo Name: Barrett S. DiPaolo Title: Authorized Signatory LEHMAN BROTHERS INTERNATIONAL (EUROPE) By: /s/ Barrett S. DiPaolo Name: Barrett S. DiPaolo Title: Authorized Signatory EXHIBIT A - JOINT FILING AGREEMENT The undersigned hereby agree that the Statement on Schedule 13G filed herewith (and any amendments thereto), is being filed jointly with the Securities and Exchange Commission pursuant to Rule 13d-1(k) (1) under the Securities Exchange Act of 1934, as amended, on behalf of each such person. Dated: February 13, 2003 LEHMAN BROTHERS HOLDINGS INC. By: /s/ Barrett S. DiPaolo Name: Barrett S. DiPaolo Title: Vice President LEHMAN BROTHERS INC. By: /s/ Barrett S. DiPaolo Name: Barrett S. DiPaolo Title:Senior Vice President LEHMAN BROTHERS SPECIAL FINANCING INC. By: /s/ Barrett S. DiPaolo Name: Barrett S. DiPaolo Title: Authorized Signatory LEHMAN BROTHERS U.K. HOLDINGS (DELAWARE) INC. By: /s/ Barrett S. DiPaolo Name: Barrett S. DiPaolo Title: Authorized Signatory LEHMAN BROTHERS UK HOLDINGS LTD. By: /s/ Barrett S. DiPaolo Name: Barrett S. DiPaolo Title: Authorized Signatory LEHMAN BROTHERS HOLDINGS PLC By: /s/ Barrett S. DiPaolo Name: Barrett S. DiPaolo Title: Authorized Signatory LEHMAN BROTHERS INTERNATIONAL (EUROPE) By: /s/ Barrett S. DiPaolo Name: Barrett S. DiPaolo Title: Authorized Signatory