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.