UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 1)
SPECTRUM BRANDS HOLDINGS, INC.
(Name of Issuer)
COMMON STOCK (PAR VALUE $0.01 PER SHARE)
(Title of Class of Securities)
84763R101
(CUSIP Number)
PHILIP FALCONE
450 PARK AVENUE, 30TH FLOOR
NEW YORK, NEW YORK 10022
(212) 339-5888
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
July 20, 2010
(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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 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 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. 84763R101 | Page 2 of 17 |
1 | NAME OF REPORTING PERSON: Harbinger Capital Partners Master Fund I, Ltd. |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) o (b) þ |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS: OO |
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): o |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION: Cayman Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER: 0 |
8 | SHARED VOTING POWER: 26,283,536 |
9 | SOLE DISPOSITIVE POWER: 0 |
10 | SHARED DISPOSITIVE POWER: 26,283,536 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: o |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 51.43% |
14 | TYPE OF REPORTING PERSON: CO |
CUSIP No. 84763R101 | Page 3 of 17 |
1 | NAME OF REPORTING PERSON: Harbinger Capital Partners LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) o (b) þ |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS: AF |
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): o |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER: 0 |
8 | SHARED VOTING POWER: 26,283,536 |
9 | SOLE DISPOSITIVE POWER: 0 |
10 | SHARED DISPOSITIVE POWER: 26,283,536 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 26,283,536 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: o |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 51.43% |
14 | TYPE OF REPORTING PERSON: CO |
CUSIP No. 84763R101 | Page 4 of 17 |
1 | NAME OF REPORTING PERSON: Harbinger Capital Partners Special Situations Fund, L.P. |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) o (b) þ |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS: OO |
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): o |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER: 0 |
8 | SHARED VOTING POWER: 5,288,907 |
9 | SOLE DISPOSITIVE POWER: 0 |
10 | SHARED DISPOSITIVE POWER: 5,288,907 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 5,288,907 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: o |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 10.35% |
14 | TYPE OF REPORTING PERSON: PN |
CUSIP No. 84763R101 | Page 5 of 17 |
1 | NAME OF REPORTING PERSON: Harbinger Capital Partners Special Situations GP, LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) o (b) þ |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS: AF |
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): o |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER: 0 |
8 | SHARED VOTING POWER: 5,288,907 |
9 | SOLE DISPOSITIVE POWER: 0 |
10 | SHARED DISPOSITIVE POWER: 5,288,907 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 5,288,907 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: o |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 10.35% |
14 | TYPE OF REPORTING PERSON: CO |
CUSIP No. 84763R101 | Page 6 of 17 |
1 | NAME OF REPORTING PERSON: Global Opportunities Breakaway Ltd. |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) o (b) þ |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS: OO |
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): o |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION: Cayman Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER: 0 |
8 | SHARED VOTING POWER: 2,110,642 |
9 | SOLE DISPOSITIVE POWER: 0 |
10 | SHARED DISPOSITIVE POWER: 2,110,642 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 2,110,642 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: o |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 4.13% |
14 | TYPE OF REPORTING PERSON: CO |
CUSIP No. 84763R101 | Page 7 of 17 |
1 | NAME OF REPORTING PERSON: Harbinger Capital Partners II LP |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) o (b) þ |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS: AF |
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): o |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER: 0 |
8 | SHARED VOTING POWER: 2,110,642 |
9 | SOLE DISPOSITIVE POWER: 0 |
10 | SHARED DISPOSITIVE POWER: 2,110,642 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 2,110,642 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: o |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 4.13% |
14 | TYPE OF REPORTING PERSON: PN |
CUSIP No. 84763R101 | Page 8 of 17 |
1 | NAME OF REPORTING PERSON: Harbinger Capital Partners II GP LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) o (b) þ |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS: AF |
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): o |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER: 0 |
8 | SHARED VOTING POWER: 2,110,642 |
9 | SOLE DISPOSITIVE POWER: 0 |
10 | SHARED DISPOSITIVE POWER: 2,110,642 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 2,110,642 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: o |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 4.13% |
14 | TYPE OF REPORTING PERSON: CO |
CUSIP No. 84763R101 | Page 9 of 17 |
1 | NAME OF REPORTING PERSON: Harbinger Holdings, LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) o (b) þ |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS: AF |
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): o |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER: 0 |
8 | SHARED VOTING POWER: 31,572,443 |
9 | SOLE DISPOSITIVE POWER: 0 |
10 | SHARED DISPOSITIVE POWER: |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: o |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 61.78% |
14 | TYPE OF REPORTING PERSON: CO |
CUSIP No. 84763R101 | Page 10 of 17 |
1 | NAME OF REPORTING PERSON: Philip Falcone |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) o (b) þ |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS: AF |
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): o |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION: United States of America |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER: 0 |
8 | SHARED VOTING POWER: 33,683,085 |
9 | SOLE DISPOSITIVE POWER: 0 |
10 | SHARED DISPOSITIVE POWER: 33,683,085 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 33,683,085 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: o |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 65.91% |
14 | TYPE OF REPORTING PERSON: IN |
CUSIP No. 84763R101 | Page 11 of 17 |
Item 1. Security and Issuer.
This Amendment No. 1 to Schedule 13D is being filed by the undersigned to amend the Schedule 13D filed by the Reporting Persons on June 28, 2010 (the “Schedule 13D”) with respect to the shares of Common Stock, par value $0.01 per share (the “Shares”), of Spectrum Brands Holdings, Inc., a Delaware corporation (the “Issuer”). The principal executive offices of the Issuer are located at 601 Rayovac Drive, Madison, Wisconsin 53711.
Item 2. Identity and Background.
No material change.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 of the Schedule 13D is hereby amended and restated in its entirety, except for the last paragraph thereof, as follows:
“As of the date hereof the Master Fund may be deemed to beneficially own 26,283,536 Shares.
As of the date hereof Harbinger LLC may be deemed to beneficially own 26,283,536 Shares.
As of the date hereof the Special Fund may be deemed to beneficially own 5,288,907 Shares.
As of the date hereof HCPSS may be deemed to beneficially own 5,288,907 Shares.
As of the date hereof the Breakaway Fund may be deemed to beneficially own 2,110,642 Shares.
As of the date hereof HCP II may be deemed to beneficially own 2,110,642 Shares.
As of the date hereof HCP II GP may be deemed to beneficially own 2,110,642 Shares.
As of the date hereof Harbinger Holdings may be deemed to beneficially own 31,572,443 Shares.
CUSIP No. 84763R101 | Page 12 of 17 |
As of the date hereof Philip Falcone may be deemed to beneficially own 33,683,085 Shares.
No borrowed funds were used to purchase the Shares, other than any borrowed funds used for working capital purposes in the ordinary course of business.”
Item 4. Purpose of Transaction.
No material change.
CUSIP No. 84763R101 | Page 13 of 17 |
Item 5. Interest in Securities of the Issuer.
Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows:
“References to percentage ownerships of Shares in this Schedule 13D are based upon the 51,103,567 Shares stated to be outstanding as of June 16, 2010 by the Issuer in the Issuer's Current Report on Form 8-K dated June 22, 2010.
(a, b) As of the date hereof, the Master Fund may be deemed to be the beneficial owner of 26,283,536 Shares, constituting 51.43% of the Shares of the Issuer.
The Master Fund has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 26,283,536 Shares; has sole power to dispose or direct the disposition of 0 Shares; and has shared power to dispose or direct the disposition of 26,283,536 Shares.
The Master Fund specifically disclaims beneficial ownership in the Shares reported herein except to the extent it actually exercises voting or dispositive power with respect to such Shares.
(a, b) As of the date hereof, Harbinger LLC may be deemed to be the beneficial owner of 26,283,536 Shares, constituting 51.43% of the Shares of the Issuer.
Harbinger LLC has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 26,283,536 Shares; has sole power to dispose or direct the disposition of 0 Shares; and has shared power to dispose or direct the disposition of 26,283,536 Shares.
Harbinger LLC specifically disclaims beneficial ownership in the Shares reported herein except to the extent it actually exercises voting or dispositive power with respect to such Shares.
(a, b) As of the date hereof, the Special Fund may be deemed to be the beneficial owner of 5,288,907 Shares, constituting 10.35% of the Shares of the Issuer.
The Special Fund has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 5,288,907 Shares; has sole power to dispose or direct the disposition of 0 Shares; and has shared power to dispose or direct the disposition of 5,288,907 Shares.
The Special Fund specifically disclaims beneficial ownership in the Shares reported herein except to the extent it actually exercises voting or dispositive power with respect to such Shares.
(a, b) As of the date hereof, HCPSS may be deemed to be the beneficial owner of 5,288,907 Shares, constituting 10.35% of the Shares of the Issuer.
HCPSS has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 5,288,907 Shares; has sole power to dispose or direct the disposition of 0 Shares; and has shared power to dispose or direct the disposition of 5,288,907 Shares.
CUSIP No. 84763R101 | Page 14 of 17 |
HCPSS specifically disclaims beneficial ownership in the Shares reported herein except to the extent it actually exercises voting or dispositive power with respect to such Shares.
(a, b) As of the date hereof, the Breakaway Fund may be deemed to be the beneficial owner of 2,110,642 Shares, constituting 4.13% of the Shares of the Issuer.
The Breakaway Fund has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 2,110,642 Shares; has sole power to dispose or direct the disposition of 0 Shares; and has shared power to dispose or direct the disposition of 2,110,642 Shares.
The Breakaway Fund specifically disclaims beneficial ownership in the Shares reported herein except to the extent it actually exercises voting or dispositive power with respect to such Shares.
(a, b) As of the date hereof, HCP II may be deemed to be the beneficial owner of 2,110,642 Shares, constituting 4.13% of the Shares of the Issuer.
HCP II has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 2,110,642 Shares; has sole power to dispose or direct the disposition of 0 Shares; and has shared power to dispose or direct the disposition of 2,110,642 Shares.
HCP II specifically disclaims beneficial ownership in the Shares reported herein except to the extent it actually exercises voting or dispositive power with respect to such Shares.
(a, b) As of the date hereof, HCP II GP may be deemed to be the beneficial owner of 2,110,642 Shares, constituting 4.13% of the Shares of the Issuer.
HCP II GP has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 2,110,642 Shares; has sole power to dispose or direct the disposition of 0 Shares; and has shared power to dispose or direct the disposition of 2,110,642 Shares.
HCP II GP specifically disclaims beneficial ownership in the Shares reported herein except to the extent it actually exercises voting or dispositive power with respect to such Shares.
(a, b) As of the date hereof, Harbinger Holdings may be deemed to be the beneficial owner of 31,572,443 Shares, constituting 61.78% of the Shares of the Issuer.
Harbinger Holdings has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 31,572,443 Shares; has sole power to dispose or direct the disposition of 0 Shares; and has shared power to dispose or direct the disposition of 31,572,443 Shares.
Harbinger Holdings specifically disclaims beneficial ownership in the Shares reported herein except to the extent it actually exercises voting or dispositive power with respect to such Shares.
(a, b) As of the date hereof, Philip Falcone may be deemed to be the beneficial owner of 33,683,085 Shares, constituting 65.91% of the Shares of the Issuer.
Mr. Falcone has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 33,683,085 Shares; has sole power to dispose or direct the disposition of 0 Shares; and has shared power to dispose or direct the disposition of 33,683,085 Shares.
Mr. Falcone specifically disclaims beneficial ownership in the Shares reported herein except to the extent he actually exercises voting or dispositive power with respect to such Shares.
(c) Set forth on Exhibit G hereto are the trading dates, number of Shares purchased and sold and price per share for all transactions in the Shares by the Reporting Persons since the filing of the Schedule 13D.
(d) Not applicable.
CUSIP No. 84763R101 | Page 15 of 17 |
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
No material change.
Item 7. Material to be Filed as Exhibits.
| Exhibit F: | Joint Filing Agreement |
| Exhibit G: | Transactions in the Shares |
CUSIP No. 84763R101 | Page 16 of 17 |
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.
| HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. |
| | | |
| By: | Harbinger Capital Partners LLC | |
| | | |
| By: | Harbinger Holdings, LLC, Manager | |
| | | |
| By: | /s/ Philip Falcone | |
| | Name: Philip Falcone | |
| | Title: Managing Member | |
| | | |
| HARBINGER CAPITAL PARTNERS LLC |
| | | |
| By: | Harbinger Holdings, LLC, Manager |
| | | |
| By: | /s/ Philip Falcone | |
| | Name: Philip Falcone | |
| | Title: Managing Member | |
| | | |
| HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P. |
| | | |
| By: | Harbinger Capital Partners Special Situations GP, LLC |
| | | |
| By: | Harbinger Holdings, LLC, Managing Member |
| | | |
| By: | /s/ Philip Falcone | |
| | Name: Philip Falcone | |
| | Title: Managing Member | |
| | | |
| HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS GP, LLC |
| | | |
| By: | Harbinger Holdings, LLC, Managing Member |
| | | |
| By: | /s/ Philip Falcone | |
| | Name: Philip Falcone | |
| | Title: Managing Member | |
| | | |
CUSIP No. 84763R101 | Page 17 of 17 |
| GLOBAL OPPORTUNITIES BREAKAWAY LTD. |
| | | |
| By: | Harbinger Capital Partners II LP | |
| | | |
| By: | Harbinger Capital Partners II GP LLC, General Partner | |
| | | |
| By: | /s/ Philip Falcone | |
| | Name: Philip Falcone | |
| | Title: Managing Member | |
| | | |
| HARBINGER CAPITAL PARTNERS II LP |
| | | |
| By: | Harbinger Capital Partners II GP LLC, General Partner |
| | | |
| By: | /s/ Philip Falcone | |
| | Name: Philip Falcone | |
| | Title: Managing Member | |
| | | |
| HARBINGER CAPITAL PARTNERS II GP LLC |
| | | |
| By: | /s/ Philip Falcone | |
| | Name: Philip Falcone | |
| | Title: Managing Member | |
| | | |
| HARBINGER HOLDINGS, LLC |
| | | |
| By: | /s/ Philip Falcone | |
| | Name: Philip Falcone | |
| | Title: Managing Member | |
| | | |
| |
| /s/ Philip Falcone | |
| Philip Falcone | |
| | | |
July 22, 2010
Attention: Intentional misstatements or omissions of fact constitute federal violations (see 18 U.S.C. 1001).