SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
BALTIC TRADING LTD.
(Name of issuer)
Common Stock, par value $0.01 per share
(Title of class of securities)
Y0553W103
(CUSIP number)
March 12, 2010
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
x Rule 13d-1(c)
¨ Rule 13d-1(d)
| * | The remainder of this cover page shall be filled out for a reporting persons 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).
|
CUSIP No. Y0553W103
|
Page 2 of 19 Pages
| |||||||
| 1 | Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Atlas Master Fund, Ltd. 1 | |||||||
| 2 | Check the appropriate box if a member of a group* (a) ¨ (b) ¨
| |||||||
| 3 | SEC use only
| |||||||
| 4 | Citizenship or place of organization
Cayman Islands | |||||||
| Number of shares beneficially owned by each reporting person with |
5 | Sole voting power
670,200 (See Item 4) |
||||||
| 6 | Shared voting power
|
|||||||
| 7 | Sole dispositive power
670,200 (See Item 4) |
|||||||
| 8 | Shared dispositive power
None |
|||||||
| 9 |
Aggregate amount beneficially owned by each reporting person
670,200 (See Item 4) | |||||||
| 10 |
Check box if the aggregate amount in Row (9) excludes certain shares* ¨
Not Applicable | |||||||
| 11 |
Percent of class represented by amount in Row (9)
3.99% | |||||||
| 12 |
Type of reporting person*
CO | |||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT.
|
CUSIP No. Y0553W103
|
Page 3 of 19 Pages
| |||||||
| 1 | Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Atlas Global, LLC. 2 | |||||||
| 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
670,200 |
||||||
| 6 | Shared voting power
None (See Item 4) |
|||||||
| 7 | Sole dispositive power
670,200 |
|||||||
| 8 | Shared dispositive power
None (See Item 4) |
|||||||
| 9 |
Aggregate amount beneficially owned by each reporting person
670,200 (See Item 4) | |||||||
| 10 |
Check box if the aggregate amount in Row (9) excludes certain shares* ¨
Not Applicable | |||||||
| 11 |
Percent of class represented by amount in Row (9)
3.99% | |||||||
| 12 |
Type of reporting person*
OO | |||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT.
|
CUSIP No. Y0553W103
|
Page 4 of 19 Pages
| |||||||
| 1 | Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Atlas Global Investments, Ltd. 3 | |||||||
| 2 | Check the appropriate box if a member of a group* (a) ¨ (b) ¨
| |||||||
| 3 | SEC use only
| |||||||
| 4 | Citizenship or place of organization
Cayman Islands | |||||||
| Number of shares beneficially owned by each reporting person with |
5 | Sole voting power
670,200 |
||||||
| 6 | Shared voting power
None (See Item 4) |
|||||||
| 7 | Sole dispositive power
670,200 |
|||||||
| 8 | Shared dispositive power
None (See Item 4) |
|||||||
| 9 |
Aggregate amount beneficially owned by each reporting person
670,200 (See Item 4) | |||||||
| 10 |
Check box if the aggregate amount in Row (9) excludes certain shares* ¨
Not Applicable | |||||||
| 11 |
Percent of class represented by amount in Row (9)
3.99% | |||||||
| 12 |
Type of reporting person*
CO | |||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT.
|
CUSIP No. Y0553W103
|
Page 5 of 19 Pages
| |||||||
| 1 | Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Atlas Institutional Fund, Ltd. 4 | |||||||
| 2 | Check the appropriate box if a member of a group* (a) ¨ (b) ¨
| |||||||
| 3 | SEC use only
| |||||||
| 4 | Citizenship or place of organization
Cayman Islands | |||||||
| Number of shares beneficially owned by each reporting person with |
5 | Sole voting power
670,200 |
||||||
| 6 | Shared voting power
None (See Item 4) |
|||||||
| 7 | Sole dispositive power
670,200 |
|||||||
| 8 | Shared dispositive power
None (See Item 4) |
|||||||
| 9 |
Aggregate amount beneficially owned by each reporting person
670,200 (See Item 4) | |||||||
| 10 |
Check box if the aggregate amount in Row (9) excludes certain shares* ¨
Not Applicable | |||||||
| 11 |
Percent of class represented by amount in Row (9)
3.99% | |||||||
| 12 |
Type of reporting person*
CO | |||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT.
|
CUSIP No. Y0553W103
|
Page 6 of 19 Pages
| |||||||
| 1 | Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Atlas Institutional Fund, LLC 5 | |||||||
| 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
670,200 |
||||||
| 6 | Shared voting power
None (See Item 4) |
|||||||
| 7 | Sole dispositive power
670,200 |
|||||||
| 8 | Shared dispositive power
None (See Item 4) |
|||||||
| 9 |
Aggregate amount beneficially owned by each reporting person
670,200 (See Item 4) | |||||||
| 10 |
Check box if the aggregate amount in Row (9) excludes certain shares* ¨
Not Applicable | |||||||
| 11 |
Percent of class represented by amount in Row (9)
3.99% | |||||||
| 12 |
Type of reporting person*
OO | |||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT.
|
CUSIP No. Y0553W103
|
Page 7 of 19 Pages
| |||||||
| 1 | Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Atlas Fundamental Trading Master Fund Ltd. | |||||||
| 2 | Check the appropriate box if a member of a group* (a) ¨ (b) ¨
| |||||||
| 3 | SEC use only
| |||||||
| 4 | Citizenship or place of organization
Cayman | |||||||
| Number of shares beneficially owned by each reporting person with |
5 | Sole voting power
145,248 |
||||||
| 6 | Shared voting power
None (See Item 4) |
|||||||
| 7 | Sole dispositive power
145,248 |
|||||||
| 8 | Shared dispositive power
None (See Item 4) |
|||||||
| 9 |
Aggregate amount beneficially owned by each reporting person
145,248 (See Item 4) | |||||||
| 10 |
Check box if the aggregate amount in Row (9) excludes certain shares* ¨
Not Applicable | |||||||
| 11 |
Percent of class represented by amount in Row (9)
.57% | |||||||
| 12 |
Type of reporting person*
CO | |||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT.
|
CUSIP No. Y0553W103
|
Page 8 of 19 Pages
| |||||||
| 1 | Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Atlas Fundamental Trading Fund, 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
145,248 |
||||||
| 6 | Shared voting power
None (See Item 4) |
|||||||
| 7 | Sole dispositive power
145,248 |
|||||||
| 8 | Shared dispositive power
None (See Item 4) |
|||||||
| 9 |
Aggregate amount beneficially owned by each reporting person
145,248 (See Item 4) | |||||||
| 10 |
Check box if the aggregate amount in Row (9) excludes certain shares* ¨
Not Applicable | |||||||
| 11 |
Percent of class represented by amount in Row (9)
.57% | |||||||
| 12 |
Type of reporting person*
OO | |||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT.
|
CUSIP No. Y0553W103
|
Page 9 of 19 Pages
| |||||||
| 1 | Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Atlas Fundamental Trading Fund, Ltd. | |||||||
| 2 | Check the appropriate box if a member of a group* (a) ¨ (b) ¨
| |||||||
| 3 | SEC use only
| |||||||
| 4 | Citizenship or place of organization
Cayman | |||||||
| Number of shares beneficially owned by each reporting person with |
5 | Sole voting power
145,248 |
||||||
| 6 | Shared voting power
None (See Item 4) |
|||||||
| 7 | Sole dispositive power
145,248 |
|||||||
| 8 | Shared dispositive power
None (See Item 4) |
|||||||
| 9 |
Aggregate amount beneficially owned by each reporting person
145,248 (See Item 4) | |||||||
| 10 |
Check box if the aggregate amount in Row (9) excludes certain shares* ¨
Not Applicable | |||||||
| 11 |
Percent of class represented by amount in Row (9)
.57% | |||||||
| 12 |
Type of reporting person*
CO | |||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT.
|
CUSIP No. Y0553W103
|
Page 10 of 19 Pages
| |||||||
| 1 | Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Atlas Leveraged Fund, 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
14,800 |
||||||
| 6 | Shared voting power
None (See Item 4) |
|||||||
| 7 | Sole dispositive power
14,800 |
|||||||
| 8 | Shared dispositive power
None (See Item 4) |
|||||||
| 9 |
Aggregate amount beneficially owned by each reporting person
14,800 (See Item 4) | |||||||
| 10 |
Check box if the aggregate amount in Row (9) excludes certain shares* ¨
Not Applicable | |||||||
| 11 |
Percent of class represented by amount in Row (9)
.09% | |||||||
| 12 |
Type of reporting person*
OO | |||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT.
|
CUSIP No. Y0553W103
|
Page 11 of 19 Pages
| |||||||
| 1 | Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Balyasny Dedicated Investor Master Fund, Ltd. | |||||||
| 2 | Check the appropriate box if a member of a group* (a) ¨ (b) ¨
| |||||||
| 3 | SEC use only
| |||||||
| 4 | Citizenship or place of organization
Cayman | |||||||
| Number of shares beneficially owned by each reporting person with |
5 | Sole voting power
94,752 |
||||||
| 6 | Shared voting power
None (See Item 4) |
|||||||
| 7 | Sole dispositive power
94,752 |
|||||||
| 8 | Shared dispositive power
None (See Item 4) |
|||||||
| 9 |
Aggregate amount beneficially owned by each reporting person
94,752 (See Item 4) | |||||||
| 10 |
Check box if the aggregate amount in Row (9) excludes certain shares* ¨
Not Applicable | |||||||
| 11 |
Percent of class represented by amount in Row (9)
.57% | |||||||
| 12 |
Type of reporting person*
CO | |||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT.
|
CUSIP No. Y0553W103
|
Page 12 of 19 Pages
| |||||||
| 1 | Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Balyasny Dedicated Investor Offshore Fund, Ltd. | |||||||
| 2 | Check the appropriate box if a member of a group* (a) ¨ (b) ¨
| |||||||
| 3 | SEC use only
| |||||||
| 4 | Citizenship or place of organization
Cayman | |||||||
| Number of shares beneficially owned by each reporting person with |
5 | Sole voting power
94,752 |
||||||
| 6 | Shared voting power
None (See Item 4) |
|||||||
| 7 | Sole dispositive power
94,752 |
|||||||
| 8 | Shared dispositive power
None (See Item 4) |
|||||||
| 9 |
Aggregate amount beneficially owned by each reporting person
94,752 (See Item 4) | |||||||
| 10 |
Check box if the aggregate amount in Row (9) excludes certain shares* ¨
Not Applicable | |||||||
| 11 |
Percent of class represented by amount in Row (9)
.57% | |||||||
| 12 |
Type of reporting person*
CO | |||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT.
|
CUSIP No. Y0553W103
|
Page 13 of 19 Pages
| |||||||
| 1 | Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Balyasny Dedicated Investor Onshore Fund, 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
94,752 |
||||||
| 6 | Shared voting power
None (See Item 4) |
|||||||
| 7 | Sole dispositive power
94,752 |
|||||||
| 8 | Shared dispositive power
None (See Item 4) |
|||||||
| 9 |
Aggregate amount beneficially owned by each reporting person
94,752 (See Item 4) | |||||||
| 10 |
Check box if the aggregate amount in Row (9) excludes certain shares* ¨
Not Applicable | |||||||
| 11 |
Percent of class represented by amount in Row (9)
.57% | |||||||
| 12 |
Type of reporting person*
OO | |||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT.
|
CUSIP No. Y0553W103
|
Page 14 of 19 Pages
| |||||||
| 1 | Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Balyasny Asset Management 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
(See Item 4) |
||||||
| 6 | Shared voting power
None |
|||||||
| 7 | Sole dispositive power
925,000 (See Item 4) |
|||||||
| 8 | Shared dispositive power
None |
|||||||
| 9 |
Aggregate amount beneficially owned by each reporting person
925,000 (See Item 4) | |||||||
| 10 |
Check box if the aggregate amount in Row (9) excludes certain shares* ¨
Not Applicable | |||||||
| 11 |
Percent of class represented by amount in Row (9)
5.52% | |||||||
| 12 |
Type of reporting person*
OO | |||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT.
|
CUSIP No. Y0553W103
|
Page 15 of 19 Pages
| |||||||
| 1 | Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Dmitry Balyasny | |||||||
| 2 | Check the appropriate box if a member of a group* (a) ¨ (b) ¨
| |||||||
| 3 | SEC use only
| |||||||
| 4 | Citizenship or place of organization
United States | |||||||
| Number of shares beneficially owned by each reporting person with |
5 | Sole voting power
925,000 (See Item 4) |
||||||
| 6 | Shared voting power
None |
|||||||
| 7 | Sole dispositive power
925,000 (See Item 4) |
|||||||
| 8 | Shared dispositive power
None |
|||||||
| 9 |
Aggregate amount beneficially owned by each reporting person
925,000 (See Item 4) | |||||||
| 10 |
Check box if the aggregate amount in Row (9) excludes certain shares* ¨
Not Applicable | |||||||
| 11 |
Percent of class represented by amount in Row (9)
5.52% | |||||||
| 12 |
Type of reporting person*
IN | |||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT.
| Item 1 | (a) |
Name of Issuer: | ||||||||||
| Baltic Trading Ltd. (the Company) | ||||||||||||
| (b) |
Address of Issuers Principal Executive Offices: | |||||||||||
| 299 Park Avenue 20th Floor New York, NY 10171 |
||||||||||||
| Item 2 | (a) (c) |
This statement is filed on behalf of the following: | ||||||||||
| (1) Atlas Master Fund, LTD., a Cayman Islands corporation (AMF), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies. |
||||||||||||
| (2) Atlas Global, LLC, a Delaware limited liability company (AG), with its principal business office at 181 West Madison, Suite 3600, Chicago, IL 60602. AG owns 12.36% of the equity interests in AMF. |
||||||||||||
| (3) Atlas Global Investments, LTD., a Cayman Islands corporation (AGI), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies. AGI owns 74.77% of the equity interests in AMF. |
||||||||||||
| (4) Atlas Institutional Fund, LTD., a Cayman Islands corporation (AIF LTD), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies. AIF, LTD. owns 9.14% of the equity interests in AMF. |
||||||||||||
| (5) Atlas Institutional Fund, LLC, a Delaware limited liability company (AIF LLC), with its principal business office at 181 West Madison, Suite 3600, Chicago, IL 60602. AIF, LLC owns 1.73% of the equity interests in AMF. |
||||||||||||
| (6) Atlas Fundamental Trading Master Fund Ltd., a Cayman Islands corporation (AFT Master), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies. |
||||||||||||
| (7) Atlas Fundamental Trading Fund, LP., a Delaware limited liability company (AFT LP), with its principal business office at 181 West Madison, Suite 3600, Chicago, IL 60602. AFT LP owns 15.76% of the equity interests in AFT Master. |
||||||||||||
| (8) Atlas Fundamental Trading Fund, LTD., a Cayman Islands corporation (AFT LTD), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies. AFT LTD owns 84.17% of the equity interests in AFT Master. |
||||||||||||
| (9) Atlas Leveraged Fund, L.P. is a Delaware limited liability company (ALF), with its principal business office at 181 West Madison, Suite 3600, Chicago, IL 60602. |
||||||||||||
| (10) Balyasny Dedicated Investor Master Fund, LTD., a Cayman Islands corporation (BDI Master), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies. |
||||||||||||
| (11) Balyasny Dedicated Investor Offshore Fund, LTD., a Cayman Islands corporation (BDI LTD), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies. BDI LTD owns 72.38% of the equity interests in BDI Master. |
||||||||||||
| (12) Balyasny Dedicated Investor Onshore Fund, LP., a Delaware limited liability company (BDI LP), with its principal business office at 181 West Madison, Suite 3600, Chicago, IL 60602. BDI LP owns 27.59% of the equity interests in BDI Master. |
||||||||||||
| (13) Balyasny Asset Management L.P., a Delaware limited partnership (BAM), with its principal business office at 181 West Madison, Suite 3600, Chicago, IL 60602. BAM is the investment manager to each of AMF, AG, AGI, AIF LTD, AIF LLC, AFT MASTER, AFT LP, AFT LTD, ALF, BDI MASTER, BDI LTD, and BDI LP. |
||||||||||||
| (14) Dmitry Balyasny, a United States citizen whose business address is 181 West Madison, Suite 3600, Chicago, IL 60602. Dmitry Balyasny is the sole managing member of the general partner of BAM. |
||||||||||||
| (d) |
Title of Class of Securities: | |||||||||||
| Common Stock, Par Value $0.01 per Share | ||||||||||||
| (e) |
CUSIP Number: | |||||||||||
| Y0553W103 | ||||||||||||
| Item 3 | If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: | |||||||||||
| Not Applicable | ||||||||||||
Page 16 of 19 Pages
| Item 4 | Ownership: | |||||||||
| AMF6 | ||||||||||
| (a) | Amount Beneficially Owned: 670,200 | |||||||||
| (b) | Percent of Class: 3.99% | |||||||||
| (c) | Number of Shares as to which person has: | |||||||||
| (i) | sole power to vote or to direct vote: 670,200 | |||||||||
| (ii) | shared power to vote or to direct vote: None | |||||||||
| (iii) | sole power to dispose or direct disposition of: 670,200 | |||||||||
| (iv) | shared power to dispose or to direct disposition of: None | |||||||||
| AG | ||||||||||
| (a) | Amount Beneficially Owned: | |||||||||
| By virtue of its ownership of 12.36% of the equity interest in AMF, AG may be deemed to beneficially own the 670,200 shares of the Companys Common Stock beneficially owned by AMF. | ||||||||||
| 670,200 | ||||||||||
| (b) | Percent of Class: | |||||||||
| 3.99% | ||||||||||
| (c) | Number of Shares as to which person has: | |||||||||
| (i) | sole power to vote or to direct vote: 670,200 | |||||||||
| (ii) | shared power to vote or to direct vote: None | |||||||||
| (iii) | sole power to dispose or direct disposition of: 670,200 | |||||||||
| (iv) | shared power to dispose or to direct disposition of: None | |||||||||
| AGI | ||||||||||
| (a) | Amount Beneficially Owned: | |||||||||
| By virtue of its ownership of 74.77% of the equity interest in AMF, AGI may be deemed to beneficially own the 670,200 shares of the Companys Common Stock beneficially owned by AMF. | ||||||||||
| 670,200 | ||||||||||
| (b) | Percent of Class: | |||||||||
| 3.99% | ||||||||||
| (c) | Number of Shares as to which person has: | |||||||||
| (i) | sole power to vote or to direct vote: 670,200 | |||||||||
| (ii) | shared power to vote or to direct vote: None | |||||||||
| (iii) | sole power to dispose or direct disposition of: 670,200 | |||||||||
| (iv) | shared power to dispose or to direct disposition of: None | |||||||||
| AIF, LTD | ||||||||||
| (a) | Amount Beneficially Owned: | |||||||||
| By virtue of its ownership of 9.14% of the equity interest in AMF, AIF LTD may be deemed to beneficially own the 670,200 shares of the Companys Common Stock beneficially owned by AMF. | ||||||||||
| 670,200 | ||||||||||
| (b) | Percent of Class: | |||||||||
| 3.99% | ||||||||||
| (c) | Number of Shares as to which person has: | |||||||||
| (i) | sole power to vote or to direct vote: 670,200 | |||||||||
| (ii) | shared power to vote or to direct vote: None | |||||||||
| (iii) | sole power to dispose or direct disposition of: 670,200 | |||||||||
| (iv) | shared power to dispose or to direct disposition of: None | |||||||||
| AIF, LLC | ||||||||||
| (a) | Amount Beneficially Owned: | |||||||||
| By virtue of its ownership of 1.73% of the equity interest in AMF, AIF, LLC may be deemed to beneficially own the 670,200 shares of the Companys Common Stock beneficially owned by AMF. | ||||||||||
| 670,200 | ||||||||||
| (b) | Percent of Class: | |||||||||
| 3.99% | ||||||||||
| (c) | Number of Shares as to which person has: | |||||||||
| (i) | sole power to vote or to direct vote: 670,200 | |||||||||
| (ii) | shared power to vote or to direct vote: None | |||||||||
| (iii) | sole power to dispose or direct disposition of: 670,200 | |||||||||
| (iv) | shared power to dispose or to direct disposition of: None | |||||||||
| AFT MASTER | ||||||||||
| (a) | Amount Beneficially Owned: | |||||||||
| 145,248 | ||||||||||
| (b) | Percent of Class: | |||||||||
| .57% | ||||||||||
| (c) | Number of Shares as to which person has: | |||||||||
| (i) | sole power to vote or to direct vote: 145,248 | |||||||||
| (ii) | shared power to vote or to direct vote: None | |||||||||
| (iii) | sole power to dispose or direct disposition of: 145,248 | |||||||||
| (iv) | shared power to dispose or to direct disposition of: None | |||||||||
| AFT LP | ||||||||||
| (a) | Amount Beneficially Owned: | |||||||||
| By virtue of its ownership of 15.76% of the equity interest in AFT MASTER, AFT LP may be deemed to beneficially own the 145,248 shares of the Companys Common Stock beneficially owned by AFT MASTER. | ||||||||||
| 145,248 | ||||||||||
| (b) | Percent of Class: | |||||||||
| .57% | ||||||||||
| (c) | Number of Shares as to which person has: | |||||||||
| (i) | sole power to vote or to direct vote: 145,248 | |||||||||
| (ii) | shared power to vote or to direct vote: None | |||||||||
| (iii) | sole power to dispose or direct disposition of: 145,248 | |||||||||
| (iv) | shared power to dispose or to direct disposition of: None | |||||||||
| AFT LTD | ||||||||||
| (a) | Amount Beneficially Owned: | |||||||||
| By virtue of its ownership of 84.17% of the equity interest in AFT MASTER, AFT LTD may be deemed to beneficially own the 145,248 shares of the Companys Common Stock beneficially owned by AFT MASTER. | ||||||||||
| 145,248 | ||||||||||
| (b) | Percent of Class: | |||||||||
| .57% | ||||||||||
| (c) | Number of Shares as to which person has: | |||||||||
| (i) | sole power to vote or to direct vote: 145,248 | |||||||||
| (ii) | shared power to vote or to direct vote: None | |||||||||
| (iii) | sole power to dispose or direct disposition of: 145,248 | |||||||||
| (iv) | shared power to dispose or to direct disposition of: None | |||||||||
| ALF | ||||||||||
| (a) | Amount Beneficially Owned: | |||||||||
| 14,800 | ||||||||||
| (b) | Percent of Class: | |||||||||
| .09% | ||||||||||
| (c) | Number of Shares as to which person has: | |||||||||
| (i) | sole power to vote or to direct vote: 14,800 | |||||||||
| (ii) | shared power to vote or to direct vote: None | |||||||||
| (iii) | sole power to dispose or direct disposition of: 14,800 | |||||||||
| (iv) | shared power to dispose or to direct disposition of: None | |||||||||
| BDI MASTER | ||||||||||
| (a) | Amount Beneficially Owned: | |||||||||
| 94,752 | ||||||||||
| (b) | Percent of Class: | |||||||||
| .57% | ||||||||||
| (c) | Number of Shares as to which person has: | |||||||||
| (i) | sole power to vote or to direct vote: 94,752 | |||||||||
| (ii) | shared power to vote or to direct vote: None | |||||||||
| (iii) | sole power to dispose or direct disposition of: 94,752 | |||||||||
| (iv) | shared power to dispose or to direct disposition of: None | |||||||||
| BDI LTD | ||||||||||
| (a) | Amount Beneficially Owned: | |||||||||
| By virtue of its ownership of 72.38% of the equity interest in BDI MASTER, BDI LTD may be deemed to beneficially own the 94,752 shares of the Companys Common Stock beneficially owned by BDI MASTER. | ||||||||||
| 94,752 | ||||||||||
| (b) | Percent of Class: | |||||||||
| .57% | ||||||||||
| (c) | Number of Shares as to which person has: | |||||||||
| (i) |
sole power to vote or to direct vote: 94,752 | |||||||||
| (ii) |
shared power to vote or to direct vote: None | |||||||||
| (iii) |
sole power to dispose or direct disposition of: 94,752 | |||||||||
| (iv) |
shared power to dispose or to direct disposition of: None | |||||||||
| BDI LP | ||||||||||
| (a) | Amount Beneficially Owned: |
|||||||||
| By virtue of its ownership of 27.59% of the equity interest in BDI MASTER, BDI LP may be deemed to beneficially own the 94,752 shares of the Companys Common Stock beneficially owned by BDI MASTER. | ||||||||||
| 94,752 | ||||||||||
| (b) | Percent of Class: | |||||||||
| .57% | ||||||||||
| (c) | Number of Shares as to which person has: | |||||||||
| (i) | sole power to vote or to direct vote: 94,752 | |||||||||
| (ii) | shared power to vote or to direct vote: None | |||||||||
| (iii) | sole power to dispose or direct disposition of: 94,752 | |||||||||
| (iv) | shared power to dispose or to direct disposition of: None | |||||||||
| BAM | ||||||||||
| (a) | Amount Beneficially Owned: | |||||||||
| By virtue of its position as investment manager to each of AMF, AG, AGI, AIF LTD, AIF LLC, AFT MASTER, AFT LP, AFT LTD, ALF, BDI MASTER, BDI LTD, and BDI LP, BAM may be deemed to beneficially own the 925,000 shares of the Companys Common Stock beneficially owned by AMF, AG, AGI, AIF LTD, AIF LLC, AFT MASTER, AFT LP, AFT LTD, ALF, BDI MASTER, BDI LTD, and BDI LP. | ||||||||||
| 925,000 | ||||||||||
| (b) | Percent of Class: | |||||||||
| 5.52% | ||||||||||
| (c) | Number of Shares as to which person has: | |||||||||
| (i) | sole power to vote or to direct vote: 925,000 | |||||||||
| (ii) | shared power to vote or to direct vote: None | |||||||||
| (iii) | sole power to dispose or direct disposition of: 925,000 | |||||||||
| (iv) | shared power to dispose or to direct disposition of: None | |||||||||
| Dmitry Balyasny | ||||||||||
| (a) | Amount Beneficially Owned: | |||||||||
| By virtue of his position as the sole managing member of the general partner of BAM, Mr. Balyasny may be deemed to beneficially own the 925,000 shares of the Companys Common Stock beneficially owned by BAM. | ||||||||||
| 925,000 | ||||||||||
| (b) | Percent of Class: | |||||||||
| 5.52% | ||||||||||
| (c) | Number of Shares as to which person has: | |||||||||
| (i) | sole power to vote or to direct vote: 925,000 | |||||||||
| (ii) | shared power to vote or to direct vote: None | |||||||||
| (iii) | sole power to dispose or direct disposition of: 925,000 | |||||||||
| (iv) | shared power to dispose or to direct disposition of: None | |||||||||
| Item 5 | Ownership of Five Percent or Less of a Class: | |||||||||
| Applicable | ||||||||||
| Item 6 | Ownership of More than Five Percent on Behalf of Another Person: | |||||||||
| Not Applicable | ||||||||||
| Item 7 | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: | |||||||||
| Not Applicable | ||||||||||
| Item 8 | Identification and Classification of Members of the Group: | |||||||||
| Not Applicable | ||||||||||
| Item 9 | Notice of Dissolution of Group: | |||||||||
| 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. | ||||||||||
Page 17 of 19 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.
Date: March 22, 2010.
| ATLAS MASTER FUND, LTD | ATLAS FUNDAMENTAL TRADING FUND LTD | |||||||
| By: | /s/ Scott Schroeder |
By: | /s/ Scott Schroeder | |||||
| Scott Schroeder | Scott Schroeder | |||||||
| Authorized Signatory | Authorized Signatory | |||||||
| ATLAS GLOBAL, LLC | ATLAS LEVERAGED FUND, LP | |||||||
| By: | /s/ Scott Schroeder |
By: | /s/ Scott Schroeder | |||||
| Scott Schroeder | Scott Schroeder | |||||||
| Authorized Signatory | Authorized Signatory | |||||||
| ATLAS GLOBAL INVESTMENTS, LTD | ATLAS INSTITUTIONAL FUND, LTD | |||||||
| By: | /s/ Scott Schroeder |
By: | /s/ Scott Schroeder | |||||
| Scott Schroeder | Scott Schroeder | |||||||
| Authorized Signatory | Authorized Signatory | |||||||
| ATLAS INSTITUTIONAL FUND, LLC | BALYASNY DEDICATED INVESTOR MASTER FUND, LTD | |||||||
| By: | /s/ Scott Schroeder |
By: | /s/ Scott Schroeder | |||||
| Scott Schroeder | Scott Schroeder | |||||||
| Authorized Signatory | Authorized Signatory | |||||||
Page 18 of 19 Pages
| ATLAS FUNDAMENTAL TRADING MASTER FUND, LTD | BALYASNY DEDICATED INVESTOR OFFSHORE FUND, LTD | |||||||
| By: | /s/ Scott Schroeder |
By: | /s/ Scott Schroeder | |||||
| Scott Schroeder | Scott Schroeder | |||||||
| Authorized Signatory | Authorized Signatory | |||||||
| ATLAS FUNDAMENTAL TRADING FUND, LP | BALYASNY DEDICATED INVESTOR ONSHORE FUND, LTD | |||||||
| By: | /s/ Scott Schroeder |
By: | /s/ Scott Schroeder | |||||
| Scott Schroeder | Scott Schroeder | |||||||
| Authorized Signatory | Authorized Representative and Executive Officer | |||||||
| DMITRY BALYASNY | BALYASNY ASSET MANAGEMENT, L.P. | |||||||
| By: | /s/ Scott Schroeder |
By: | /s/ Scott Schroeder | |||||
| Scott Schroeder | Scott Schroeder | |||||||
| Authorized Signatory | Authorized Signatory | |||||||
Page 19 of 19 Pages