0000909661-05-000014.txt : 20120703
0000909661-05-000014.hdr.sgml : 20120703
20050118161916
ACCESSION NUMBER: 0000909661-05-000014
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050118
DATE AS OF CHANGE: 20050118
GROUP MEMBERS: ANDREW B. FREMDER
GROUP MEMBERS: CHARLES E. ELLWEIN
GROUP MEMBERS: CHUN R. DING
GROUP MEMBERS: DAVID I. COHEN
GROUP MEMBERS: DEREK C. SCHRIER
GROUP MEMBERS: FARALLON CAPITAL PARTNERS, L.P.
GROUP MEMBERS: FARALLON CS INSTITUTIONAL FINANCE II, L.P.
GROUP MEMBERS: FARALLON CS INSTITUTIONAL FINANCE, L.L.C.
GROUP MEMBERS: FARALLON PARTNERS, L.L.C.
GROUP MEMBERS: JOSEPH F. DOWNES
GROUP MEMBERS: MARK C. WEHRLY
GROUP MEMBERS: MONICA R. LANDRY
GROUP MEMBERS: RAJIV A. PATEL
GROUP MEMBERS: RICHARD B. FRIED
GROUP MEMBERS: RR CAPITAL PARTNERS, L.P.
GROUP MEMBERS: STEPHEN L. MILLHAM
GROUP MEMBERS: THOMAS F. STEYER
GROUP MEMBERS: WILLIAM F. DUHAMEL
GROUP MEMBERS: WILLIAM F. MELLIN
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: CAPITALSOURCE INC
CENTRAL INDEX KEY: 0001241199
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE LESSORS [6172]
IRS NUMBER: 352206895
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-79168
FILM NUMBER: 05534008
MAIL ADDRESS:
STREET 1: 4445 WILLARD AVE
STREET 2: 12TH FL
CITY: CHEVY CHASE
STATE: MD
ZIP: 20815
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: FARALLON CAPITAL MANAGEMENT LLC
CENTRAL INDEX KEY: 0000909661
IRS NUMBER: 943240279
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: ONE MARITIME PLAZA STE 11325
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
BUSINESS PHONE: 4154212132
MAIL ADDRESS:
STREET 1: ONE MARITIME PLAZA
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
FORMER COMPANY:
FORMER CONFORMED NAME: FARALLON CAPITAL MANAGEMENT INC ET AL
DATE OF NAME CHANGE: 19970210
SC 13D/A
1
capitalsource-13da4.txt
--------------------------
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Expires: December 31, 2005
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--------------------------
UNITED STATES
SECURITIES AND EXCHANGE SEC
Washington, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
CapitalSource Inc.
--------------------------------------------------------------------------------
(name of Issuer)
Common Stock, par value $0.01 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
14055X102
--------------------------------------------------------------------------------
(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)
December 31, 2004
--------------------------------------------------------------------------------
(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 240.13d-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 for other
parties to whom copies are to be sent.
* 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).
(Continued on following pages)
Page 1 of 33 Pages
13D
====================
CUSIP No. 14055X102
====================
------------====================================================================
NAMES OF REPORTING PERSONS
1 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
California
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 7,450,915
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
7,450,915
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
7,450,915
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
6.3 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
PN
------------====================================================================
Page 2 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
RR 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 804,899
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
804,899
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
804,899
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.7 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
PN
------------====================================================================
Page 3 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon CS Institutional Finance 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 14,740,832
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
14,740,832
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
14,740,832
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
12.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
PN
------------====================================================================
Page 4 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 8,255,814
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
8,255,814
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
8,255,814
------------====================================================================
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
OO
------------====================================================================
Page 5 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon CS Institutional Finance, 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 14,740,832
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
14,740,832
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
14,740,832
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
12.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
OO
------------====================================================================
Page 6 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 14,740,832
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
14,740,832
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
14,740,832
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions) [ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
12.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IA, OO
------------====================================================================
Page 7 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
David I. Cohen [See Preliminary Note]
------------====================================================================
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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY -0-
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
-0-
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
-0-
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions) [ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.0 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 8 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 22,996,646
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
22,996,646
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
22,996,646
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
19.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 9 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 22,996,646
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
22,996,646
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
22,996,646
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
19.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 10 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 22,996,646
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
22,996,646
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
22,996,646
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
19.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 11 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Charles E. Ellwein
------------====================================================================
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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 22,996,646
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
22,996,646
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
22,996,646
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
19.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 12 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Andrew B. Fremder
------------====================================================================
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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF 5,000
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 22,996,646
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING 5,000
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
22,996,646
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
23,001,646
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
19.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 13 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 22,996,646
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
22,996,646
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
22,996,646
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
19.5 %
------------====================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
IN
------------====================================================================
Page 14 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 22,996,646
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
22,996,646
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
22,996,646
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
19.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 15 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 22,996,646
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
22,996,646
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
22,996,646
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
19.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 16 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 22,996,646
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
22,996,646
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
22,996,646
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
19.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 17 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Rajiv A. Patel
------------====================================================================
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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 22,996,646
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
22,996,646
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
22,996,646
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
19.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 18 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 22,996,646
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
22,996,646
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
22,996,646
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
19.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 19 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF 5,000
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 22,996,646
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING 5,000
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
22,996,646
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
23,001,646
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
19.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 20 of 33 Pages
13D
===================
CUSIP No. 14055X102
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Mark C. Wehrly
------------====================================================================
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 23,006,646 Shares, which is 19.5% 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
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 22,996,646
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
22,996,646
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
22,996,646
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
19.5 %
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 21 of 33 Pages
This Amendment No. 4 to Schedule 13D (this "Amendment") amends the
Schedule 13D initially filed on August 15, 2003, as amended (collectively, the
"Schedule 13D").
Preliminary Note: Effective as of January 1, 2005, each of Noonday G.P.
(U.S.), L.L.C. (the "First Noonday Sub-adviser") and Noonday Asset Management,
L.P. (the "Second Noonday Sub-adviser") entered into an investment subadvisory
agreement with the Management Company and FPLLC, under which the First Noonday
Sub-adviser and the Second Noonday Sub-adviser are granted investment authority
over certain securities and instruments (excluding without limitation the Shares
of CapitalSource) owned by certain entities managed by the Management Company
and certain entities for which FPLLC serves as general partner, including FCP
and RR. Noonday Capital, L.L.C. (the "Noonday General Partner") serves as the
general partner of the Second Noonday Sub-adviser. David I. Cohen serves as the
managing member of the First Noonday Sub-adviser and the Noonday General
Partner. Mr. Cohen resigned as a managing member of the Management Company and
FPLLC effective December 31, 2004. This amendment to the Schedule 13D reports
that Mr. Cohen is no longer the deemed beneficial owner of any of the Shares of
CapitalSource reported herein. The beneficial ownership of the other Reporting
Persons in the Shares has not changed as a result of the appointment of the
First Noonday Sub-adviser and the Second Noonday Sub-adviser or the resignation
of Mr. Cohen.
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;
Page 22 of 33 Pages
(ii) RR Capital Partners, L.P., a Delaware limited
partnership ("RR"), with respect to the Shares held
by it; and
(iii) Farallon CS Institutional Finance II, L.P., a
Delaware limited partnership ("Farallon CS LP"), with
respect to the Shares held by it.
FCP, RR and Farallon CS LP are together referred to herein as the
"Partnerships."
The General Partners Of The Partnerships
----------------------------------------
(iv) Farallon Partners, L.L.C., a Delaware limited
liability company which is the general partner of
each of FCP and RR ("FPLLC"), with respect to the
Shares held by each of FCP and RR; and
(v) Farallon CS Institutional Finance, L.L.C., a Delaware
limited liability company which is the general
partner of Farallon CS LP ("Farallon CS LLC"), with
respect to the Shares held by Farallon CS LP.
FPLLC and Farallon CS LLC are together referred to
herein as the "General Partners."
The Management Company
----------------------
(vi) Farallon Capital Management, L.L.C., a Delaware
limited liability company which is the manager of
Farallon CS LLC (the "Management Company"), with
respect to the Shares held Farallon CS LP.
The Individual Reporting Persons
--------------------------------
(vii) The following persons who are (or, solely with
respect to David I. Cohen, were) managing members of
FPLLC and the Management Company, with respect to the
Shares held by the Partnerships: David I. Cohen
("Cohen"), Chun R. Ding ("Ding"), Joseph F. Downes
("Downes"), William F. Duhamel ("Duhamel"), Charles
E. Ellwein ("Ellwein"), Richard B. Fried ("Fried"),
Monica R. Landry ("Landry"), William F. Mellin
("Mellin"), Stephen L. Millham ("Millham"), Rajiv A.
Patel ("Patel"), Derek C. Schrier ("Schrier") and
Mark C. Wehrly ("Wehrly");
(viii) Thomas F. Steyer ("Steyer"), who is a senior managing
member of FPLLC and the Management Company, with
respect to the Shares held by the Partnerships and
with respect to Shares Steyer is deemed to
beneficially own through his ownership of options to
purchase 5,000 Shares at $14.50 a Share, which
options are immediately exercisable. Steyer received
the options referenced herein pursuant to the
Company's Second Amended and Restated
Page 23 of 33 Pages
2000 Equity Incentive Plan, adopted on August 6,
2003, for his service as a member of the Board of
Directors of the Company; and
(ix) Andrew B. Fremder ("Fremder"), with respect to the
Shares held by the Partnerships and with respect to
Shares Fremder is deemed to beneficially own through
his ownership of options to purchase 5,000 Shares at
$14.50 a Share, which options are immediately
exercisable. Pursuant to Limited Powers of Attorney,
dated as of February 1, 2003 (the "Fremder POA"),
Fremder was granted limited powers of attorney to act
for each of FPLLC and the Management Company with
regard to the Shares directly held by each of the
Partnerships. Such powers of attorney may only be
exercised by Fremder jointly with any of persons
identified in Item 2(a)(vii) above. As a result of
such restriction, Fremder does not by himself have
the power to vote, or direct the voting of, the
Shares held by the Partnerships. Rather, Fremder
shares such power with such identified persons.
Pursuant to the Fremder POA, Fremder may be deemed to
be a beneficial owner of the Shares held by the
Partnerships. Fremder received the options referenced
herein pursuant to the Company's Second Amended and
Restated 2000 Equity Incentive Plan, adopted on
August 6, 2003, for his service as a member of the
Board of Directors of the Company.
Cohen, Ding, Downes, Duhamel, Ellwein, Fremder, Fried, Landry, Mellin,
Millham, Patel, 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 Partners 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 Partners is to act as the
general partner of the partnerships to which each is a general partner. The
principal business of the Management Company is that of a registered investment
adviser. It also serves as manager to Farallon CS LLC. The principal business of
each of the Individual Reporting Persons is set forth in Annex 1 hereto.
Page 24 of 33 Pages
(d) None of the Partnerships, the General Partners, the Management
Company 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 General Partners, the Management
Company or any of the Individual Reporting Persons has, during the last five
years, been party to a civil proceeding of ajudicial 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 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
Partners and the Management Company is set forth above. Each of the Individual
Reporting Persons is a citizen of the United States.
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
----------------
Page 25 of 33 Pages
(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 other than for
Steyer and Fremder is calculated based upon the
117,831,685 Shares outstanding as of November 1, 2004
as reported by the Company in its Form 10-Q for the
quarterly period ended September 30, 2004 filed with
the Securities and Exchange Commission on November
15, 2004. The percentage amount set forth in Row 13
for Steyer's and Fremder's cover pages filed herewith
is calculated based upon the 117,831,685 Shares
outstanding as of November 1, 2004 as reported by the
Company in its Form 10-Q for the quarterly period
ended September 30, 2004 filed with the Securities
and Exchange Commission on November 15, 2004, plus
the additional 5,000 Shares each of Steyer and
Fremder are deemed to own through their ownership of
the options described in Item 2 above.
(c) No transactions in the Shares have been consummated
in the past 60 days.
(d) FPLLC has the power to direct the affairs of FCP and
RR, including the disposition of the proceeds of the
sale of the Shares owned by such entities. Farallon
CS LLC has the power to direct the affairs of
Farallon CS LP, including the disposition of the
proceeds of the sale of the Shares owned by such
entity. The Management Company is the manager of
Farallon CS LLC. The Individual Reporting Persons,
other than Fremder and Cohen, are managing members of
FPLLC and the Management Company. Fremder was granted
limited powers of attorney to act for each of FPLLC
and theManagement Company with respect to the Shares
owned by the Partnerships pursuant to the Fremder
POA.
(e) Not applicable
(b) The General Partners
--------------------
(a),(b) The information set forth in Rows 7 through 13 of the
cover page hereto for each of the General Partner is
incorporated herein by reference for each such
General Partner.
(c) None.
(d) FPLLC has the power to direct the affairs of FCP and
RR, including the disposition of the proceeds of the
sale of the Shares owned by such entities. Farallon
CS LLC has the power to direct the affairs of
Farallon CS LP, including the disposition of the
proceeds of the sale of the Shares owned by such
entity. The Management Company is the manager of
Farallon CS LLC. The Individual Reporting Persons,
other than Fremder and Cohen, are managing members of
FPLLC and the Management Company. Fremder was granted
limited powers of attorney to act for each of FPLLC
and the Management Company with respect to the Shares
owned by the Partnerships pursuant to the Fremder
POA.
Page 26 of 33 Pages
(e) Not applicable.
(c) 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) None.
(d) Farallon CS LLC has the power to direct the affairs
of Farallon CS LP, including the disposition of the
proceeds of the sale of the Shares owned by such
entity. The Management Company is the manager of
Farallon CS LLC. The Individual Reporting Persons,
other than Fremder and Cohen, are managing members of
the Management Company. Fremder was granted limited
powers of attorney to act for the Management Company
with respect to the Shares owned by Farallon CS LP
pursuant to the Fremder POA.
(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) FPLLC has the power to direct the affairs of FCP and
RR, including the disposition of the proceeds of the
sale of the Shares owned by such entities. Farallon
CS LLC has the power to direct the affairs of
Farallon CS LP, including the disposition of the
proceeds of the sale of the Shares owned by such
entity. The Management Company is the manager of
Farallon CS LLC. The Individual Reporting Persons,
other than Fremder and Cohen, are managing members of
FPLLC and the Management Company. Fremder was granted
limited powers of attorney to act for each of FPLLC
and the Management Company with respect to the Shares
held by the Partnerships pursuant to the Fremder POA.
(e) As of December 31, 2004, David I. Cohen may no longer
be deemed to be a beneficial owner of the Shares
owned by the Partnerships.
The Shares reported hereby for the Partnerships are owned directly by
the Partnerships. FPLLC, as general partner to FCP and RR, may be deemed to be
the beneficial owner of the Shares
Page 27 of 33 Pages
owned by FCP and RR. Farallon CS LLC, as general partner to Farallon CS LP, may
be deemed to be the beneficial owner of the Shares owned by Farallon CS LP. The
Management Company, as manager of Farallon CS LLC, may be deemed to be the
beneficial owner of all such Shares owned by Farallon CS LP. The Individual
Reporting Persons other than Cohen, as either managing members of both FPLLC and
the Management Company or, in the case of Fremder, by virtue of the Fremder POA,
may each be deemed to be the beneficial owner of all such Shares held by the
Partnerships. Each of Steyer and Fremder may be deemed to beneficially own an
additional 5,000 Shares through his ownership of options to purchase 5,000
Shares at $14.50 a Share, which options are immediately exercisable. Each of the
General Partners, the Management Company and theIndividual Reporting Persons
hereby disclaims any beneficial ownership of any such Shares owned by the
Partnerships.
Item 6. Contracts, Arrangements, Understandings Or Relationships With Respect
---------------------------------------------------------------------
To Securities Of The Issuer.
---------------------------
Item 6 of the Schedule 13D is amended and updated as follows:
As described in Amendment No. 3 to the Schedule 13D, Steyer and
Fremder, as non-employee directors of the Company, were entitled to elect to
defer payment of their annual board and committee fees paid on and after January
1, 2004 into the form of stock options or common stock units instead of cash
pursuant to the Company's deferred compensation plan. Steyer and Fremder have
elected to receive a portion of such compensation in the form of common stock
units granted pursuant to the Company's deferred compensation plan. To date,
Fremder has received 1,108 common stock units and Steyer has received 957 common
stock units. For more information regarding the Company's deferred compensation
plan, see the form of the Company's deferred compensation plan filed as Exhibit
10.21 to the 2004 Registration Statement, as amended. For
Page 28 of 33 Pages
information regarding the common stock units (also known as phantom stock units)
granted to Fremder and Steyer, see the Form 4s filed by each of Fremder and
Steyer with respect to the Company on April 30, 2004, July 2, 2004, October 4,
2004 and January 4, 2005.
Except for these agreements and any other information disclosed in the
Schedule 13D (including but not limited the Registration Rights Agreement and
Company's grant of options to Steyer and Fremder pursuant to the Company's
Second Amended and Restated 2000 Equity Incentive Plan, adopted on August 6,
2003, each discussed in the original Schedule 13D), there are no contracts,
arrangements, understandings or relationships (legal or otherwise) among the
Reporting Persons or between such persons and any other person with respect to
any securities ofthe Company, including but not limited to the transfer or
voting of any securities of the Company, finder's fees, joint ventures, loan or
option arrangements, puts or calls, guarantees of profits, divisions of profits
or loss, or the giving or withholding of proxies.
Page 29 of 33 Pages
SIGNATURES
----------
After reasonable inquiry and to the best of our knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: January 18, 2005
/s/ Joseph F. Downes
----------------------------------------
FARALLON PARTNERS, L.L.C.,
on its own behalf and as General Partner of
FARALLON CAPITAL PARTNERS, L.P.,
and RR CAPITAL PARTNERS, L.P.,
By Joseph F. Downes,
Managing Member
/s/ Joseph F. Downes
----------------------------------------
FARALLON CAPITAL MANAGEMENT, L.L.C.,
on its own behalf and as Manager of
FARALLON CS INSTITUTIONAL FINANCE, L.L.C.,
for itself and as General Partner of
FARALLON CS INSTITUTIONAL FINANCE II, L.P.
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,
Charles E. Ellwein, Andrew B. Fremder, Richard B. Fried, Monica
R. Landry , William F. Mellin, Stephen L. Millham, Rajiv A.
Patel, 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 SEC 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 SEC 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
Page 30 of 33 Pages
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 SEC 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, as well as Steyer and Cohen, to
sign and file this Schedule 13D on her behalf, which was filed with the Schedule
13G filed with the Securities and Exchange SEC on January 22, 2001, by such
Reporting Person 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 SEC on July 2, 2003, by such
Reporting Person with respect to the Common Stock of Salix Pharmaceuticals,
Ltd., is hereby incorporated by reference. The Powers of Attorney executed by
Andrew B. Fremder authorizing Downes to sign and file this Schedule 13D on his
behalf, which was filed with the Schedule 13D filed with the Securities and
Exchange SEC on August 15, 2003, by such Reporting Person with respect to the
Common Stock of the Company, is hereby incorporated by reference. The Powers of
Attorney executed by each of Charles E. Ellwein and Rajiv A. Patel authorizing
Downes to sign and file this Schedule 13D on his behalf, which was filed with
Amendment No. 4 to the Schedule 13G filed with the Securities and Exchange SEC
on January 8, 2004 by such Reporting Person with respect to the Common Stock of
Catalytica Energy Systems, Inc., is hereby incorporated by reference.
Page 31 of 33 Pages
ANNEX 1
Set forth below with respect to the Management Company and the General
Partners 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 Individual Reporting Person 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;
manages Farallon CS Institutional Finance, L.L.C.
(d) Delaware limited liability company
(e) Thomas F. Steyer, Senior Managing Member; Chun R. Ding, Joseph
F. Downes, William F. Duhamel, Charles E. Ellwein, Richard B.
Fried, Monica R. Landry, William F. Mellin, Stephen L.
Millham, Rajiv A. Patel, Derek C. Schrier and Mark C. Wehrly,
Managing Members.
2. Farallon Partners, L.L.C.
-------------------------
(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) Thomas F. Steyer, Senior Managing Member; Chun R. Ding, Joseph
F. Downes, William F. Duhamel, Charles E. Ellwein, Richard B.
Fried, Monica R. Landry, William F. Mellin, Stephen L.
Millham, Rajiv A. Patel, Derek C. Schrier and Mark C. Wehrly,
Managing Members.
3. Farallon CS Institutional Finance, L.L.C.
-----------------------------------------
(a) Farallon CS Institutional Finance, L.L.C.
(b) c/o One Maritime Plaza, Suite 1325
San Francisco, California 94111
(c) Serves as general partner to Farallon CS Institutional Finance
II, L.P.
(d) Delaware limited liability company
(e) Manager: Farallon Capital Management, L.L.C.
Page 32 of 33 Pages
4. The Individual Reporting Persons
--------------------------------
Each of the Individual Reporting Persons is a United States citizen.
The business address of each of the Individual Reporting Persons other
than David I. Cohen is c/o Farallon Capital Management, L.L.C., One
Maritime Plaza, Suite 1325, San Francisco, California 94111. The
business address of David I. Cohen is c/o Noonday Asset Management,
L.P., 227 West Trade Street, Suite 2140, Charlotte, North Carolina
28202. The principal occupation of Thomas F. Steyer is serving as
senior managing member of the Management Company and FPLLC. The
principal occupation of each other Individual Reporting Person (other
than Andrew B. Fremder and David I. Cohen) is serving as a managing
member of the Management Company and FPLLC. The principal occupation of
Andrew B. Fremder is to be a consultant to the Managing Company and
FPLLC and to act as president and member of the board of directors of
East Bay College Fund, a private non-profit corporation. The principal
occupation of David I. Cohen is to serve as the managing member of
Noonday G.P. (U.S.), L.L.C. and Noonday Capital, L.L.C., the general
partner of Noonday Asset Management, L.P. None of 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 33 of 33 Pages