424B3 1 form424bsupp.htm SUPPLEMENT TO FORM S3

Filed Pursuant to Rule 424(b)(3)
Registration No. 333-114004

PROSPECTUS SUPPLEMENT NO. 1

(TO PROSPECTUS DATED AUGUST 26, 2004)

$150,000,000

PSS World Medical, Inc.

2.25% Convertible Senior Notes
due March 15, 2024
and
8,774,235 Shares of Common Stock Issuable
Upon Conversion of the Notes

        This prospectus supplement relates to the resale by the selling Securityholder of its notes and the common stock issuable upon conversion of its notes.

        This prospectus supplement updates the prospectus dated August 26, 2004, which prospectus is included in our registration statement on Form S-3 filed with the Securities and Exchange Commission on August 23, 2004. You should read this prospectus supplement in conjunction with the prospectus, and this prospectus supplement is qualified by reference to the prospectus, except to the extent that the information in this prospectus supplement supersedes the information contained in the prospectus.

        The following represents updated information regarding the selling securityholders listed in the selling securityholder table in the prospectus:

Name of Selling Securityholder Principal Amount
of
Notes
Beneficially
Owned that may be
Sold
 Number of Shares of
Common Stock Owned
Prior to this
Offering (1)
 Conversion
Shares of
Common Stock
that may be
Sold (2)
 Notes Owned
After
Completion
of
this
Offering
(3)
 Shares of
Common Stock
Owned After
Completion of
this
Offering(3)

                           
Chrysler Corporation Master Retirement  
   Trust(1)   $ 11,450,000    669,767    669,767    0    0  
Delta Pilots Disability & Survivorship  
   Trust - CV(1)   $ 1,165,000    68,147    68,147    0    0  
F.M. Kirby Foundation, Inc.(1)   $ 1,670,000    97,686    97,686    0    0  
International Truck & Engine  
  Corporation Non-Contributory  
   Retirement Plan Trust(1)   $ 1,295,000    75,751    75,751    0    0  
International Truck & Engine  
  Corporation Retiree Health Benefit  
  Trust(1)   $ 510,000    29,832    29,832    0    0  
International Truck & Engine  
  Corporation Retirement Plan for  
  Salaried Employees Trust(1)   $ 1,250,000    73,119    73,119    0    0  
JP Morgan Securities Inc.(2)   $ 26,500,000    1,550,115    1,550,115    0    0  
MacKay Shields LLC, Investment  
  Advisor to Aftra Health Fund   $ 145,000    8,482    8,482    0    0  
MacKay Shields LLC, Investment  
  Advisor to New York Life  
  Insurance Co. Post 82(3)   $ 2,415,000    141,265    141,265    0    0  
MacKay Shields LLC, Investment  
  Advisor to New York Life  
  Insurance Co. Pre 82(3)   $ 1,135,000    66,392    66,392    0    0  
MacKay Shields LLC, Investment  
  Advisor to New York Life  
  Separate A/C 7(3)   $ 50,000    2,925    2,925    0    0  
MacKay Shields LLC, Investment  
  Advisor to Main Stay  
  Convertible Fund(3)   $ 2,840,000    166,126    166,126    0    0  
MacKay Shields LLC, Investment  
  Advisor to Main Stay VP  
  Convertible Fund(3)   $ 1,740,000    101,781    101,781    0    0  
MacKay Shields LLC, Investment  
  Advisor to United Overseas  
  Bank (USD)   $ 35,000    2,047    2,047    0    0  
MacKay Shields LLC, Investment  
  Advisor to United Overseas  
  Bank (SGD)   $ 75,000    4,387    4,387    0    0  
Microsoft Corporation(1)   $ 2,340,000    136,878    36,878    0    0  
Motion Picture Industry Health   
  Plan - Active(1)   $ 215,000    12,576    12,576    0    0  
OCM Global Convertible   
  Securities Fund(1)   $ 350,000    20,473    20,473    0    0  
Partner Reinsurance Company   
  Ltd(1)   $ 2,035,000    119,037    119,037    0    0  
Qwest Occupational Health  
  Trust(1)   $ 390,000    22,813    22,813    0    0  
State Employees' Retirement Fund  
  of the State of Delaware(1)   $ 2,770,000    162,031    162,031    0    0  
Name of Selling Securityholder Principal Amount
of
Notes
Beneficially
Owned that may be
Sold
 Number of Shares of
Common Stock Owned
Prior to this
Offering (1)
 Conversion
Shares of
Common Stock
that may be
Sold (2)
 Notes Owned
After
Completion
of
this
Offering
(3)
 Shares of
Common Stock
Owned After
Completion of
this
Offering(3)

                           
The St. Paul Travelers Companies,   
  Inc. - Commercial Lines(1)   $ 1,500,000    87,742    87,742    0    0  
The St. Paul Travelers Companies,   
  Inc. - Personal Lines(1)   $ 1,000,000    58,495    58,495    0    0  
Unum Provident Corporation(1)   $ 885,000    51,768    51,768    0    0  

    (1)        Oaktree Capital Management, LLC acts as investment manager for the selling securityholder. Lawrence Keele exercises voting and investment control over these securities on its behalf.

    (2)        The selling securityholder has informed us that it is a registered broker-dealer. As such, it will be deemed an underwriter in connection with the sale of the notes and the common stock into which the notes are convertible. Charlotte Chui exercises voting and investment control over these securities on its behalf.

    (3)        The selling securityholder has advised us that (i) it is an affiliate of a registered broker-dealer, (ii) it purchased the securities in the ordinary course of business, and (iii) at the time of the purchase, the selling securityholder had no agreements or understandings, directly or indirectly, with any person to distribute the securities.

        Investing in our notes or our common stock involves risks. Please review the “Risk Factors” beginning on page 8 of the prospectus for a discussion of certain risks that you should consider in connection with an investment in the notes and common stock issuable upon conversion of the notes.

        Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus or this prospectus supplement. Any representation to the contrary is a criminal offense.

        The date of this prospectus supplement is December 1, 2004.