-----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, SnA8nbM8ycaiDp3iQQKsWAoDGtC5C1WGW//kKVnhKJmsQ6Ywp2u3FtfmOtSEKzfX OgfgjIWskzgg8Ak4lvUGLw== 0000950123-02-011848.txt : 20021213 0000950123-02-011848.hdr.sgml : 20021213 20021213172834 ACCESSION NUMBER: 0000950123-02-011848 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20021213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HORACE MANN EDUCATORS CORP /DE/ CENTRAL INDEX KEY: 0000850141 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 370911756 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-98043 FILM NUMBER: 02857682 BUSINESS ADDRESS: STREET 1: 1 HORACE MANN PLZ CITY: SPRINGFIELD STATE: IL ZIP: 62715-0001 BUSINESS PHONE: 2177892500 MAIL ADDRESS: STREET 1: 1 HORACE MANN PLZ CITY: SPRINGFIELD STATE: IL ZIP: 62715-0001 FORMER COMPANY: FORMER CONFORMED NAME: HORACE MANN EDUCATORS CORP DATE OF NAME CHANGE: 19920108 424B3 1 y66773e424b3.txt HORACE MANN EDUCATORS CORP. FILED PURSUANT TO RULE 424(b)(3) AND (c) REGISTRATION NUMBER 333-98043 PROSPECTUS SUPPLEMENT (to prospectus, dated November 7, 2002, and to the prospectus supplements, dated November 14, 2002, November 19, 2002 and November 27, 2002) HORACE MANN EDUCATORS CORPORATION $353,500,000 SENIOR CONVERTIBLE NOTES DUE 2032 AND THE COMMON STOCK ISSUABLE UPON CONVERSION OF THE SENIOR CONVERTIBLE NOTES This prospectus supplement supplements our prospectus, dated November 7, 2002, and our prospectus supplements, dated November 14, 2002, November 19, 2002 and November 27, 2002, relating to the sale by certain of our securityholders, or by their transferees, pledgees, donees or other successors, of up to $353,500,000 aggregate principal amount of our senior convertible notes due 2032 and the common shares issuable upon the conversion of the notes. You should read this supplement in conjunction with the prospectus and the previous prospectus supplements. This supplement is qualified by reference to the prospectus and the previous prospectus supplements, except to the extent the information in this supplement supersedes the information contained in the prospectus or in the previous prospectus supplements. Investing in the notes involves Risks. See "Risk Factors" beginning on page 13 of the prospectus. Neither the Securities and Exchange Commission nor any other state securities commission has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense. SELLING SECURITYHOLDERS The following table provides information regarding the principal amount of notes beneficially owned by certain of our selling securityholders, the percentage of outstanding notes held by these selling securityholders, the number of our common shares beneficially owned by these selling securityholders, the number of our common shares each selling securityholder would beneficially own upon conversion of its entire principal amount of notes and the percentage of our outstanding common shares held by these selling securityholders. The table below supersedes the table of securityholders contained on pages 2 through 4 of the prospectus supplement dated November 14, 2002, which superseded the table of securityholders contained on pages 57 through 59 of the prospectus, and our previous prospectus supplements. This information was furnished to us by the selling securityholders listed below on or before December 10, 2002. Because selling securityholders may trade all or some of the notes listed at any time without notifying us, the table below may not reflect the exact value of notes held by each selling securityholder on the date of this supplement. The date of this prospectus supplement is December 13, 2002.
Number of Shares of Principal Number of Common Stock Amount of Notes Percentage Shares of Underlying the Beneficially of Notes Common Stock Notes and Percentage of Name of Selling Securityholder Owned and Outstanding Beneficially Offered Hereby Common Stock (1) Offered Hereby (2) Owned (3) (4) (5) Outstanding (6) --- -------------- --- --------- ------- --------------- 1976 Distribution Trust FBO Jane A. Lauder $ 36,000 * 0 639 0 1976 Distribution Trust FBO A.R. Lauder/Zinterhofer 18,000 * 0 319 0 2000 Revocable Trust FBO A.R Lauder/Zinterhofer 18,000 * 0 319 0 Advent Convertible Master Cayman L.P. 18,791,000 7.69 0 333,784 0 Aid Association for Lutherans, as successor to Lutheran Brotherhood 3,000,000 1.23 0 53,289 0 AIG DKR SoundShore Opportunity Holding Fund Ltd. (formerly DKR Fixed Income Holding Fund Ltd.) 2,500,000 1.02 0 44,407 0 Akela Capital Master Fund, Ltd. 3,000,000 1.23 0 53,289 0 Allentown City Firefighters Pension Plan 63,000 * 0 1,119 0 Allentown City Officers & Employees Pension Fund 48,000 * 0 852 0 Allentown City Police Pension Plan 76,000 * 0 1,349 0 Alpha US Sub Fund 4, LLC 1,486,000 * 0 26,395 0 Arapahoe County Colorado 138,000 * 0 2,451 0 Argent Classic Convertible Arbitrage Fund L.P. 1,800,000 * 0 31,973 0 Argent Classic Convertible Arbitrage Fund (Bermuda) Ltd 3,200,000 1.31 0 56,841 0 Argent LowLev Convertible Arbitrage Fund LLC 300,000 * 0 5,328 0 Argent LowLev Convertible Arbitrage Fund Ltd. 3,500,000 1.43 0 62,170 0 Arlington County Employees Retirement System 1,500,000 * 0 26,644 0 Banc of America Securities LLC 2,750,000 1.12 0 48,848 0
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Number of Shares of Principal Number of Common Stock Amount of Notes Percentage Shares of Underlying the Beneficially of Notes Common Stock Notes and Percentage of Name of Selling Securityholder Owned and Outstanding Beneficially Offered Hereby Common Stock (1) Offered Hereby (2) Owned (3) (4) (5) Outstanding (6) --- -------------- --- --------- ------- --------------- British Virgin Islands Social Security Board $ 197,000 * 0 3,499 0 Calamos Market Neutral Fund -- Calamos Investment Trust 6,000,000 2.45 0 106,578 0 City of New Orleans 568,000 * 0 10,089 0 City University of New York 341,000 * 0 6,057 0 Clinton Convertible Managed Trading Account I Limited 4,700,000 1.92 0 83,486 0 Clinton Multistrategy Master Fund, Ltd. 12,800,000 5.24 0 227,366 0 Clinton Riverside Convertible Portfolio Limited 14,300,000 5.85 0 254,010 0 Commonwealth Professional Assurance Co. c/o Income Research & Management 930,000 * 0 16,519 0 Consulting Group Capital Markets Funds 200,000 * 0 3,552 0 Context Convertible Arbitrage Fund 1,000,000 * 0 17,763 0 Convertible Securities Fund 130,000 * 0 2,309 0 Credit Suisse First Boston Corporation 2,500,000 1.02 0 44,407 0 Credit Suisse First Boston Europe Limited 35,000,000 14.31 0 621,705 0 DBAG London 855,000 * 0 15,187 0 Delaware Public Employees Retirement System 2,644,000 1.08 0 46,965 0 Elm (IFI) Limited 67,500 * 0 1,199 0 Georgia Municipal Employee Benefit System 1,624,000 * 0 28,847 0 Grady Hospital Foundation 300,000 * 0 5,328 0 Hamilton Multi-Strategy Master Fund, L.P. 4,000,000 1.64 0 71,052 0 HFR CA Select Fund 1,000,000 * 0 17,763 0 HFR Convertible Arbitrage Account 1,434,000 * 0 25,472 0 Highbridge International LLC 43,000,000 17.59 0 763,809 0 Independence Blue Cross 918,000 * 0 16,306 0 JP Morgan Securities Inc. 8,000,000 3.27 58 142,104 * KBC Convertible Opportunities Fund 7,000,000 2.86 0 124,341 0 Lyxor 4,056,000 1.66 0 72,046 0 Lyxor Master Fund Ref: Argent/ LowLev CB 800,000 * 0 14,210 0 McMahan Securities Co. L.P. 10,000,000 4.09 0 177,630 0 Merrill Lynch Insurance Group 741,000 * 0 13,162 0 Merrill Lynch, Pierce, Fenner & Smith Incorporated 14,316,000 5.86 0 254,295 0 Minnesota Power and Light 368,000 * 0 6,536 0 Municipal Employees 511,000 * 0 9,076 0
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Number of Shares of Principal Number of Common Stock Amount of Notes Percentage Shares of Underlying the Beneficially of Notes Common Stock Notes and Percentage of Name of Selling Securityholder Owned and Outstanding Beneficially Offered Hereby Common Stock (1) Offered Hereby (2) Owned (3) (4) (5) Outstanding (6) --- -------------- --- --------- ------- --------------- Nations Convertible Securities Fund $ 9,870,000 4.04 0 175,320 0 New Orleans Firefighters Pension/ Relief Fund 308,000 * 0 5,471 0 Occidental Petroleum Corporation 588,000 * 0 10,444 0 Ohio Bureau of Workers Compensation 399,000 * 0 7,087 0 Policeman and Firemen Retirement System of the City of Detroit 1,405,000 * 0 24,957 0 Pro-mutual 1,683,000 * 0 29,895 0 Quattro Fund Ltd. 3,000,000 1.23 0 53,289 0 Reliant Trading 873,000 * 0 15,507 0 SAM Investments LDC 12,500,000 5.11 0 222,037 0 San Diego County Employees Retirement Association 3,500,000 1.43 0 62,170 0 SG Cowen Securities - Convertible Arbitrage 15,000,000 6.13 0 266,445 0 Shell Pension Trust 891,000 * 0 15,826 0 Shepherd Trading Limited 1,309,500 * 0 23,260 0 State of Georgia c/o Income Research & Management 1,000,000 * 0 17,763 0 State of Maryland Retirement Agency 7,215,000 2.95 0 128,160 0 Sunrise Partners Limited Partnership 2,500,000 1.02 0 44,407 0 Sutton Brook Capital Portfolio, LP 29,000,000 11.86 0 515,127 0 Tag Associates 344,000 * 0 6,110 0 Teachers Insurance and Annuity Association 18,400,000 7.53 0 326,839 0 The Coast Fund L.P. 4,500,000 1.84 0 79,933 0 The Grable Foundation 208,000 * 0 3,694 0 Trustmark Insurance 776,000 * 0 13,784 0 Tufts Associated Health Plan c/o Income Research & Management 4,250,000 1.74 0 75,492 0 UMASS Memorial Health Care c/o Income Research & Management 840,000 * 0 14,920 0 UMASS Memorial Investment Partnership c/o Income Research & Management 840,000 * 0 14,920 0 University of Massachusetts c/o Income Research & Management 640,000 * 0 11,368 0 Wachovia Bank National Association 27,645,000 11.31 0 491,058 0 Wachovia Securities International Ltd. 23,500,000 9.61 0 417,430 0 White River Securities LLC 11,000,000 4.50 0 195,393 0 Wolverine Trading LP 2,500,000 1.02 0 44,407 0
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Number of Shares of Principal Number of Common Stock Amount of Notes Percentage Shares of Underlying the Beneficially of Notes Common Stock Notes and Percentage of Name of Selling Securityholder Owned and Outstanding Beneficially Offered Hereby Common Stock (1) Offered Hereby (2) Owned (3) (4) (5) Outstanding (6) --- -------------- --- --------- ------- --------------- Zazove Hedged Convertible Fund L.P $ 3,500,000 1.43 0 62,170 0 Zazove Income Fund L.P. 2,500,000 1.02 0 44,407 0 Zurich Institutional Beachmark Master Fund Ltd 400,000 * 0 7,105 0 Zurich Institutional Beachmarks Master Fund Ltd 3,000,000 1.23 0 53,289 0 Zurich Institutional Benchmark Management c/o Quattro Global Capital, LLC 800,000 * 0 14,210 0 Zurich Institutional Benchmarks Master Fund Ltd 4,000,000 1.64 0 71,052 0
* Less than 1%. (1) Also includes any sale of the notes and the underlying common stock by pledgees, donees, transferees or other successors in interest that receive such securities by pledge, gift, distribution or other non-sale related transfer from the named selling securityholders. (2) Based on $244,500,000 aggregate principal amount of notes outstanding as of December 12, 2002, net of $56,000,000 aggregate principal amount of notes held by Horace Mann. (3) Excludes common stock issuable upon conversion of the selling securityholder's notes. (4) Assumes conversion of all of the selling securityholder's notes at a conversion rate of 17.763 per note and a cash payment in lieu of the issuance of any fractional share interest. However, this conversion rate is subject to adjustment as described under "Description of the Notes -- Conversion Rights." As a result, the number of common stock issuable upon conversion of the notes may increase or decrease in the future. (5) Reflects rounding down of fractional common stock issuable to each selling securityholder upon conversion of the notes. (6) Calculated based on Rule 13d-3 of the Securities Exchange Act of 1934 using 42,691,244 shares of common stock outstanding as of December 12, 2002. In calculating this amount, we did not treat as outstanding the common stock issuable upon conversion of notes. 5 -----END PRIVACY-ENHANCED MESSAGE-----