0000894579-15-000068.txt : 20150306 0000894579-15-000068.hdr.sgml : 20150306 20150306125157 ACCESSION NUMBER: 0000894579-15-000068 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150306 DATE AS OF CHANGE: 20150306 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ULTRATECH INC CENTRAL INDEX KEY: 0000909791 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559] IRS NUMBER: 943169580 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-44773 FILM NUMBER: 15680554 BUSINESS ADDRESS: STREET 1: 3050 ZANKER RD CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 4083218835 MAIL ADDRESS: STREET 1: 3050 ZANKER RD CITY: SAN JOSE STATE: CA ZIP: 95134 FORMER COMPANY: FORMER CONFORMED NAME: ULTRATECH STEPPER INC DATE OF NAME CHANGE: 19930727 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CARLSON CAPITAL L P CENTRAL INDEX KEY: 0001056973 IRS NUMBER: 752494317 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2100 MCKINNEY AVE STREET 2: STE 1800 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2149329600 MAIL ADDRESS: STREET 1: 2100 MCKINNEY AVE STREET 2: STE 1800 CITY: DALLAS STATE: TX ZIP: 75201 SC 13G/A 1 ccultratech13ga030515.htm SCHEDULE 13GA ccultratech13ga030515.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13G


Under the Securities Exchange Act of 1934
 
(Amendment No.  1)



Ultratech, Inc.
(Name of Issuer)
 
 Common Stock, par value $0.01 per share
(Title of Class of Securities)
 
904034105
(CUSIP Number)
 
February 28, 2015
(Date of Event which Requires Filing of this Statement)
 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[X]           Rule 13d-1(b)
[   ]           Rule 13d-1(c)
[   ]           Rule 13d-1(d)
 

*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 the disclosures provided in a prior cover page.
 
The information required in 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 (the “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).
 


 
 
 


CUSIP No.   904034105
 
Page 2 of  10 Pages
 
 
 
1
 NAMES OF REPORTING PERSONS          
    Carlson Capital, L.P.
 
  
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
          2,777,486
 
7
SOLE DISPOSITIVE POWER
           -0-
 
8
SHARED DISPOSITIVE POWER
    2,777,486
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          2,777,486 shares of Common Stock
     
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
 
      [  ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
         10.14%      
12
TYPE OF REPORTING PERSON
   
     PN, IA


 
 
 
 
 
CUSIP No.   904034105
 
Page 3 of  10 Pages
 
 
 
1
 NAMES OF REPORTING PERSONS          
    Asgard Investment Corp.
 
  
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
          2,777,486
 
7
SOLE DISPOSITIVE POWER
          -0-
 
8
SHARED DISPOSITIVE POWER
    2,777,486
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          2,777486 shares of Common Stock
     
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
 
      [  ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
     10.14%
12
TYPE OF REPORTING PERSON
   
      CO
 
 
 
 
 
 
CUSIP No.   904034105
 
Page 4 of  10 Pages
 
 
 
1
 NAMES OF REPORTING PERSONS          
    Asgard Investment Corp. II
 
  
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
          2,777,486
 
7
SOLE DISPOSITIVE POWER
          -0-
 
8
SHARED DISPOSITIVE POWER
    2,777,486
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          2,777,486 shares of Common Stock
     
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
 
      [  ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
     10.14%
12
TYPE OF REPORTING PERSON
   
      CO
 
 
 
 
 
 
 
 
 
CUSIP No.  904034105
 
Page 5 of  10 Pages
 
 
 
1
 NAMES OF REPORTING PERSONS          
    Clint D. Carlson
 
  
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
          2,777,486
 
7
SOLE DISPOSITIVE POWER
          -0-
 
8
SHARED DISPOSITIVE POWER
    2,777,486
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          2,777,486 shares of Common Stock
     
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
 
      [  ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
     10.14%
12
TYPE OF REPORTING PERSON
   
      IN
 
 
 
 
 
 
 
 
 
 
CUSIP No. 904034105  
Page 6 of 10 Pages
     

 
Item 1.
(a)
 Name of Issuer:
  Ultratech, Inc.
 
 
(b)
 Address of Issuer's Principal Executive Offices:
  3050 Zanker Road, San Jose, California 95134
   
 Item 2 
(a)
 Name of Persons Filing:
 
 
(i)
Carlson Capital L.P., a Delaware limited partnership ("Carlson Capital"), which serves as the investment manager to certain private funds and managed accounts, (collectively, the "Accounts"), with respect to the Common Stock directly held by the Accounts;
   
 
 
(ii)
Asgard Investment Corp. II, a Delaware corporation ("Asgard II"), which serves as general partner of Carlson Capital, with respect to the Common Stock directly held by the Accounts;
     
 
(iii)
Asgard Investment Corp., a Delaware corporation ("Asgard"), which is the sole stockholder of Asgard II, with respect to the Common Stock directly held by the Accounts; and
   
 
 
(iv)
Mr. Clint D. Carlson, a United States citizsen ("Mr. Carlson"), who serves as president of Asgard and Carlson Capital, with respect to the Common Stock directly held by the Accounts.
   
 
    The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
     
 
(b)
 Address of Principal Business Office or, if none, Residence:
  2100 McKinney Avenue, Suite 1800
  Dallas, TX 75201
   
 
(c)
 Citizenship:
 
Carlson Capital is a Delaware limited partnership. Each of Asgard and Asgard II is a Delaware corporation.  Mr. Carlson is a United States citizen.
   
 
(d)
 Title Class of Securities:
 
Common Stock (the "Shares")
   
 
(e)
 CUSIP Number:
 
904034105
   
 
 
 
 
 
 
 
 
CUSIP No. 904034105  
Page 7 of 10 Pages
     
 
 
Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
       
 
(a)
[ ]
Broker or dealer registered under Section 15 of the Act;
       
 
(b)
[ ]
Bank as defined in Section 3(a)(6) of the Act;
       
 
(c)
[ ]
Insurance company as defined in Section 3(a)(19) of the Act;
       
 
(d)
[ ]
Investment company registered under Section 8 of the Investment Company Act of 1940;
       
 
(e)
[X]
An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E);
       
 
(f)
[ ]
An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F);
       
 
(g)
[X]
A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G);
       
 
(h)
[ ]
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act;
       
 
(i)
[ ]
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940;
       
 
(j)
[ ]
A non-U.S. institution in accordance with Section 240.240.13d–1(b)(1)(ii)(J);
       
 
(k)
[ ]
Group, in accordance with Section 240.13d-1(b)(1)(ii)(K).
       
   If filing as a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ___________________

Item 4. Ownership.
       
  (a) Amount Beneficially Owned:
 
  A.  Carlson Capital
 
(a)
Amount beneficially owned:  2,777,486
 
(b)
Percent of class:  10.14%
  (c)
(i)      Sole power to vote or to direct the vote:  -0-
   
(ii)     Shared power to vote or direct the vote:  2,777,486
   
(iii)    Sole power to dispose or direct the disposition:  -0-
   
(iv)    Shared power to dispose or to direct the disposition:  2,777,486
 
  B. Asgard II
 
(a)
Amount beneficially owned:  2,777,486
 
(b)
Percent of class:  10.14%
  (c)
(i)      Sole power to vote or to direct the vote:  -0-
   
(ii)     Shared power to vote or direct the vote:  2,777,486
   
(iii)    Sole power to dispose or direct the disposition:  -0-
   
(iv)    Shared power to dispose or to direct the disposition:  2,777,486
 
  C. Asgard
 
(a)
Amount beneficially owned:  2,777,486
 
(b)
Percent of class:  10.14%
  (c)
(i)      Sole power to vote or to direct the vote:  -0-
   
(ii)     Shared power to vote or direct the vote:  2,777,486
   
(iii)    Sole power to dispose or direct the disposition:  -0-
   
(iv)    Shared power to dispose or to direct the disposition:  2,777,486
 
  D. Mr. Carlson
 
(a)
Amount beneficially owned:  2,777,486
 
(b)
Percent of class: 10.14%
  (c)
(i)      Sole power to vote or to direct the vote:  -0-
   
(ii)     Shared power to vote or direct the vote:  2,777,486
   
(iii)    Sole power to dispose or direct the disposition:  -0-
   
(iv)    Shared power to dispose or to direct the disposition:  2,777,486
 
 

 
 
 

 
 CUSIP No. 904034105  
Page 8 of 10 Pages
 
 

The Company’s Annual Report on Form 10-K filed on February 27, 2015, indicates that the total number of outstanding shares as of January 30, 2015 was 27,398,774.  The percentages used herein and in the rest of the Schedule 13G /A are based upon the number of shares of Common Stock outstanding.
 
Item 5.
Ownership of Five Percent or Less of a Class:
                   This item is not applicable.
 
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: [   ]

Item 6.
Ownership of More than Five Percent on Behalf of Another Person:
                   This item is not applicable.
   
Item 7.
Identification and Classification of Subsidiaries Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:
                  This item is not applicable.
   
Item 8.
 Identification and Classification of Members of the Group.
                  This item is not applicable.
   
Item 9.
 Notice of Dissolution of Group.
                   This item is 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 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.
   
 

 

 
 
 


CUSIP No. 904034105  
Page 9 of 10 Pages
     

SIGNATURE


After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
DATED:  March 5, 2015


    Carlson Capital, L.P.
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President


    Asgard Investment Corp. II
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 
 
    Asgard Investment Corp.
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 
 
       
   
By:
 /s/ Clint D. Carlson 
 
     
Name:       Clint D. Carlson  
 
 
 
 

 
 
 
 
 
 
CUSIP No. 904034105  
Page 10 of 10 Pages
     
 
 
 
 
 
 JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13d-1(k) 


    The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

DATED:  March 5, 2015

    Carlson Capital, L.P.
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President


    Asgard Investment Corp. II
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 
 
    Asgard Investment Corp.
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 
 
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson