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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. _________)*
United Defense Industries, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
91018B104
--------------------------------------------------------------------------------
(CUSIP Number)
Mark C. Wehrly
Farallon Capital Management, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, California 94111
(415) 421-2132
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 5, 2005
--------------------------------------------------------------------------------
(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 Sections 240.13d-1(e), 13d-1(f) or 240.13d-1(g), check the
following box [ ].
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-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 ("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).
(Continued on following pages)
Page 1 of 50 Pages
Exhibit Index Found on Page 48
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Partners, L.P.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
WC, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
California
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 622,600
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
622,600
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
622,600
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
1.2%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
PN
------------====================================================================
Page 2 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Institutional Partners, L.P.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
WC
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
California
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 405,200
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
405,200
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
405,200
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.8%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
PN
------------====================================================================
Page 3 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Institutional Partners II, L.P.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
WC
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
California
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 36,600
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
36,600
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
36,600
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.1%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
PN
------------====================================================================
Page 4 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Institutional Partners III, L.P.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
WC
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 39,200
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
39,200
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
39,200
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.1%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
PN
------------====================================================================
Page 5 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tinicum Partners, L.P.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
WC, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
New York
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 13,400
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
13,400
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
13,400
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.0%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
PN
------------====================================================================
Page 6 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Noonday Capital Partners, L.L.C.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
WC, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 123,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
123,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
123,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
OO
------------====================================================================
Page 7 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Management, L.L.C.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 1,440,000
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
1,440,000
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
1,440,000
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
2.8%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IA, OO
------------====================================================================
Page 8 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Partners, L.L.C.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
AF
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 1,240,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
1,240,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
1,240,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
2.4%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
OO
------------====================================================================
Page 9 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Noonday G.P. (U.S.), L.L.C.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
OO
------------====================================================================
Page 10 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Noonday Asset Management, L.P.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
PN
------------====================================================================
Page 11 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Noonday Capital, L.L.C.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
OO
------------====================================================================
Page 12 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Chun R. Ding
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
AF, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 13 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Joseph F. Downes
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
AF, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 14 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
William F. Duhamel
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
AF, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 15 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Charles E. Ellwein
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
AF, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 16 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Richard B. Fried
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
AF, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 17 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Monica R. Landry
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
AF, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 18 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
William F. Mellin
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
AF, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 19 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
-----------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Stephen L. Millham
-----------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
AF, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 20 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Rajiv A. Patel
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
AF, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
-----------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
-----------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
-----------============================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
-----------============================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH -----------============================================
SHARED DISPOSITIVE POWER
10
2,680,500
-----------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 21 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Derek C. Schrier
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
AF, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 22 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Thomas F. Steyer
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
AF, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5
TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 23 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Mark C. Wehrly
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
AF, OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 24 of 50 Pages
13D
===================
CUSIP No. 91018B104
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
David I. Cohen
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,680,500 Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
SOURCE OF FUNDS (See Instructions)
4
OO
------------====================================================================
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) OR 2(e)
[ ]
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------====================================================================
SOLE VOTING POWER
7
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,680,500
------------===========================================
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
10
2,680,500
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,680,500
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.3%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
14
IN
------------====================================================================
Page 25 of 50 Pages
Item 1. Security And Issuer
------- -------------------
This statement relates to shares of Common Stock, par value $0.01 per
share (the "Shares"), of United Defense Industries, Inc. (the "Company"). The
Company's principal offices are located at 1525 Wilson Boulevard, Suite 700,
Arlington, Virginia 22209-2411.
Item 2. Identity And Background
------ -----------------------
(a) This statement is filed by the entities and persons listed below,
all of whom together are referred to herein as the "Reporting Persons."
The Farallon Funds
------------------
(i) Farallon Capital Partners, L.P., a California limited
partnership ("FCP"), with respect to the Shares held
by it;
(ii) Farallon Capital Institutional Partners, L.P., a
California limited partnership ("FCIP"), with respect
to the Shares held by it;
(iii) Farallon Capital Institutional Partners II, L.P., a
California limited partnership ("FCIP II"), with
respect to the Shares held by it;
(iv) Farallon Capital Institutional Partners III, L.P., a
Delaware limited partnership ("FCIP III"), with
respect to the Shares held by it; and
(v) Tinicum Partners, L.P., a New York limited partnership
("Tinicum"), with respect to the Shares held by it.
FCP, FCIP, FCIP II, FCIP III and Tinicum are together referred to
herein as the "Farallon Funds."
The Noonday Fund
----------------
(vi) Noonday Capital Partners, L.L.C., a Delaware limited
liability company (the "Noonday Fund"), with respect
to the Shares held by it.
The Farallon Funds and the Noonday Fund are together referred to herein
as the "Funds."
Page 26 of 50 Pages
The Management Company
----------------------
(vii) Farallon Capital Management, L.L.C., a Delaware
limited liability company (the "Management Company"),
with respect to the Shares held by certain accounts
managed by the Management Company (the "Managed
Accounts").
The Farallon General Partner
----------------------------
(viii) Farallon Partners, L.L.C., a Delaware limited
liability company which is the general partner of
each of the Farallon Funds and the managing member of
the Noonday Fund (the "Farallon General Partner"),
with respect to the Shares held by each of the Funds.
The Noonday Sub-adviser Entities
--------------------------------
(ix) Noonday G.P. (U.S.), L.L.C., a Delaware limited
liability company which is a sub-investment
adviser(1) to each of the Funds and the Managed
Accounts (the "First Noonday Sub-adviser"), with
respect to the Shares held by each of the Funds and
the Managed Accounts;
(x) Noonday Asset Management, L.P., a Delaware limited
partnership, which is a sub-investment adviser(1) to
each of the Funds and the Managed Accounts (the
"Second Noonday Sub-adviser"), with respect to the
Shares held by each of the Funds and the Managed
Accounts; and
(xi) Noonday Capital, L.L.C., a Delaware limited liability
company which is the general partner of the Second
Noonday Sub-adviser (the "Noonday General Partner"),
with respect to the Shares held by each of the Funds
and the Managed Accounts.
The First Noonday Sub-adviser, the Second Noonday Sub-adviser and the
Noonday General Partner are together referred to herein as the "Noonday
Sub-adviser Entities."
The Farallon Managing Members
-----------------------------
(xii) The following persons who are managing members of
both the Farallon General Partner and the Management
Company, with respect to the Shares held by the Funds
and the Managed Accounts: Chun R. Ding ("Ding"),
Joseph F. Downes ("Downes"), William F. Duhamel
("Duhamel"), Charles E. Ellwein ("Ellwein"), Richard
B. Fried ("Fried"), Monica R. Landry ("Landry"),
William F. Mellin ("Mellin"), Stephen L. Millham
("Millham"),
-------------------------------
(1) The First Noonday Sub-adviser and the Second Noonday Sub-adviser entered
into certain subadvisory arrangements with the Management Company and the
Farallon General Partner effective as of January 1, 2005, pursuant to which the
First Noonday Sub-adviser and the Second Noonday Sub-adviser were granted
investment discretion over all of the assets of the Noonday Fund and certain of
the assets of the Farallon Funds and the Managed Accounts.
Page 27 of 50 Pages
Rajiv A. Patel ("Patel"), Derek C. Schrier
("Schrier"), Thomas F. Steyer ("Steyer") and Mark C.
Wehrly ("Wehrly").
Ding, Downes, Duhamel, Ellwein, Fried, Landry, Mellin, Millham, Patel,
Schrier, Steyer and Wehrly are together referred to herein as the "Farallon
Individual Reporting Persons."
The Noonday Managing Member
---------------------------
(xiii) David I. Cohen ("Cohen"), the managing member of both
the First Noonday Sub-adviser and the Noonday General
Partner, with respect to the Shares held by each of
the Funds and the Managed Accounts.
Cohen is referred to herein as the "Noonday Individual Reporting
Person." The Noonday Individual Reporting Person and the Farallon Individual
Reporting Persons are together referred to herein as the "Individual Reporting
Persons."
(b) The address of the principal business and principal office of (i)
the Funds, the Farallon General Partner and the Management Company is One
Maritime Plaza, Suite 1325, San Francisco, California 94111, (ii) the Noonday
Sub-adviser Entities is 227 West Trade Street, Suite 2140, Charlotte, North
Carolina 28202, and (iii) each of the Individual Reporting Persons is set forth
in Annex 1 hereto.
(c) The principal business of each of the Funds is that of a private
investment fund engaging in the purchase and sale of investments for its own
account. The principal business of the Farallon General Partner is to act as the
general partner of the Farallon Funds and the managing member of the Noonday
Fund. The principal business of the Management Company is that of a registered
investment adviser. The principal business of the First Noonday Sub-adviser and
the Second Noonday Sub-adviser is to act as a sub-investment adviser to the
Funds and the Managed Accounts. The principal business of the Noonday General
Partner is to act as the general partner of the Second Noonday Sub-adviser. The
principal business of each of the Individual Reporting Persons is set forth in
Annex 1 hereto.
Page 28 of 50 Pages
(d) None of the Funds, the Management Company, the Farallon General
Partner, the Noonday Sub-adviser Entities or any of the Individual Reporting
Persons has, during the last five years, been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors).
(e) None of the Funds, the Management Company, the Farallon General
Partner, the Noonday Sub-adviser Entities or any of the Individual Reporting
Persons has, during the last five years, been party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal
or state securities laws or finding any violation with respect to such laws.
(f) The citizenship of each of the Funds, the Farallon General Partner,
the Management Company and the Noonday Sub-adviser Entities is set forth above.
Each of the Individual Reporting Persons is a citizen of the United States.
The other information required by Item 2 relating to the identity and
background of the Reporting Persons is set forth in Annex 1 hereto.
Item 3. Source And Amount Of Funds And Other Consideration
------ --------------------------------------------------
The net investment cost (including commissions) for the Shares held by
each of the Funds and the Managed Accounts is set forth below:
Entity Shares Held Approximate Net
------ ----------- ---------------
Investment Cost
---------------
FCP 622,600 $ 46,007,346
FCIP 405,200 $ 29,942,990
FCIP II 36,600 $ 2,704,393
FCIP III 39,200 $ 2,896,387
Tinicum 13,400 $ 990,238
Noonday Fund 123,500 $ 9,125,405
Managed 1,440,000 $ 106,414,405
Accounts
Page 29 of 50 Pages
The consideration for such acquisitions was obtained as follows: (i)
with respect to FCIP, FCIP II and FCIP III, from working capital; (ii) with
respect to FCP, Tinicum and the Noonday Fund, from working capital, and/or from
borrowings pursuant to margin accounts maintained in the ordinary course of
business by FCP, Tinicum and the Noonday Fund at Goldman, Sachs & Co.; and (iii)
with respect to the Managed Accounts, from the working capital of the Managed
Accounts and/or from borrowings pursuant to margin accounts maintained in the
ordinary course of business by some of the Managed Accounts at Goldman, Sachs &
Co. FCP, Tinicum, the Noonday Fund and some of the Managed Accounts hold certain
securities in their respective margin accounts at Goldman, Sachs & Co., and the
accounts may from time to time have debit balances. It is not possible to
determine the amount of borrowings, if any, used to acquire the Shares.
Item 4. Purpose Of The Transaction
------- --------------------------
The purpose of the acquisition of the Shares is for investment, and the
acquisitions of the Shares by each of the Funds and the Managed Accounts were
made in the ordinary course of business and were not made for the purpose of
acquiring control of the Company.
Although no Reporting Person has any specific plan or proposal to
acquire or dispose of Shares, consistent with its investment purpose, each
Reporting Person at any time and from time to time may acquire additional Shares
or dispose of any or all of its Shares depending upon an ongoing evaluation of
the investment in the Shares, prevailing market conditions, other investment
opportunities, liquidity requirements of the Reporting Person and/or other
investment considerations. No Reporting Person has made a determination
regarding a maximum or minimum number of Shares which it may hold at any point
in time. Also, consistent with their investment intent, the Reporting Persons
may engage in communications with one or more shareholders of the Company, one
or more officers of the Company and/or one or more members of the board of
Page 30 of 50 Pages
directors of the Company regarding the Company, including but not limited to its
operations.
Except to the extent the foregoing may be deemed a plan or proposal,
none of the Reporting Persons has any plans or proposals which relate to, or
could result in, any of the matters referred to in paragraphs (a) through (j),
inclusive, of the instructions to Item 4 of Schedule 13D. The Reporting Persons
may, at any time and from time to time, review or reconsider their position
and/or change their purpose and/or formulate plans or proposals with respect
thereto.
Item 5. Interest In Securities Of The Issuer
------ ------------------------------------
(a) The Funds
---------
(a),(b) The information set forth in Rows 7 through 13 of the
cover page hereto for each Fund is incorporated
herein by reference for each such Fund. The
percentage amount set forth in Row 13 for all cover
pages filed herewith is calculated based upon the
50,848,293 Shares outstanding as of April 15, 2005 as
reported by the Company in its Quarterly Report on
Form 10-Q for the period ended March 31, 2005 filed
with the Securities and Exchange Commission on April
28, 2005.
(c) The trade dates, number of Shares purchased or sold
and the price per Share (including commissions) for
all purchases and sales of the Shares by the Funds in
the past 60 days are set forth on Schedules A-F
hereto and are incorporated herein by reference. All
of such transactions were open-market transactions.
(d) Each of the Farallon General Partner, the First
Noonday Sub-adviser and the Second Noonday
Sub-adviser has the power to direct the receipt of
dividends relating to, or the disposition of the
proceeds of the sale of, all of the Shares held by
the Funds as reported herein. The Noonday General
Partner is the general partner of the Second Noonday
Sub-adviser. The Farallon Individual Reporting
Persons are managing members of the Farallon General
Partner. The Noonday Individual Reporting Person is
the managing member of both the First Noonday
Sub-adviser and the Noonday General Partner.
(e) Not applicable.
(b) The Management Company
----------------------
(a),(b) The information set forth in Rows 7 through 13 of the
cover page hereto for the Management Company is
incorporated herein by reference.
Page 31 of 50 Pages
(c) The trade dates, number of Shares purchased or sold
and the price per Share (including commissions) for
all purchases and sales of the Shares by the
Management Company on behalf of the Managed Accounts
in the past 60 days are set forth on Schedule G
hereto and are incorporated herein by reference. All
of such transactions were open-market transactions.
(d) The Management Company, as an investment adviser to
the Managed Accounts, and each of the First Noonday
Sub-adviser and the Second Noonday Sub-adviser, as
sub-adviser to the Managed Accounts, has the power to
direct the receipt of dividends relating to, or the
disposition of the proceeds of the sale of, all of
the Shares held by the Managed Accounts as reported
herein. The Noonday General Partner is the general
partner of the Second Noonday Sub-adviser. The
Farallon Individual Reporting Persons are managing
members of the Management Company. The Noonday
Individual Reporting Person is the managing member of
both the First Noonday Sub-adviser and the Noonday
General Partner.
(e) Not applicable.
(c) The Farallon General Partner
----------------------------
(a),(b) The information set forth in Rows 7 through 13 of the
cover page hereto for the Farallon General Partner is
incorporated herein by reference.
(c) None.
(d) Each of the Farallon General Partner, the First
Noonday Sub-adviser and the Second Noonday
Sub-adviser has the power to direct the receipt of
dividends relating to, or the disposition of the
proceeds of the sale of, all of the Shares held by
the Funds as reported herein. The Noonday General
Partner is the general partner of the Second Noonday
Sub-adviser. The Farallon Individual Reporting
Persons are managing members of the Farallon General
Partner. The Noonday Individual Reporting Person is
the managing member of both the First Noonday
Sub-adviser and the Noonday General Partner.
(e) Not applicable.
(d) The Noonday Sub-adviser Entities
--------------------------------
(a),(b) The information set forth in Rows 7 through 13 of the
cover page hereto for each Noonday Sub-adviser Entity
is incorporated herein by reference.
(c) None.
Page 32 of 50 Pages
(d) The Farallon General Partner and each of the First
Noonday Sub-adviser and the Second Noonday
Sub-adviser, as a sub-investment adviser to the
Funds, has the power to direct the receipt of
dividends relating to, or the disposition of the
proceeds of the sale of, all of the Shares held by
the Funds as reported herein. The Management Company,
as an investment adviser to the Managed Accounts, and
each of the First Noonday Sub-adviser and the Second
Noonday Sub-adviser, as a sub-investment adviser to
the Managed Accounts, has the power to direct the
receipt of dividends relating to, or the disposition
of the proceeds of the sale of, all of the Shares
held by the Managed Accounts as reported herein. The
Farallon Individual Reporting Persons are managing
members of the Farallon General Partner and the
Management Company. The Noonday General Partner is
the general partner of the Second Noonday
Sub-adviser. The Noonday Individual Reporting Person
is the managing member of both the First Noonday
Sub-adviser and the Noonday General Partner.
(e) Not applicable.
(e) The Farallon Individual Reporting Persons
-----------------------------------------
(a),(b) The information set forth in Rows 7 through 13 of the
cover page hereto for each Farallon Individual
Reporting Person is incorporated herein by reference
for each such Farallon Individual Reporting Person.
(c) None.
(d) The Farallon General Partner and each of the First
Noonday Sub-adviser and the Second Noonday
Sub-adviser, as a sub-investment adviser to the
Funds, has the power to direct the receipt of
dividends relating to, or the disposition of the
proceeds of the sale of, all of the Shares held by
the Funds as reported herein. The Management Company,
as an investment adviser to the Managed Accounts, and
each of the First Noonday Sub-adviser and the Second
Noonday Sub-adviser, as a sub-investment adviser to
the Managed Accounts, has the power to direct the
receipt of dividends relating to, or the disposition
of the proceeds of the sale of, all of the Shares
held by the Managed Accounts as reported herein. The
Farallon Individual Reporting Persons are managing
members of the Farallon General Partner and the
Management Company. The Noonday General Partner is
the general partner of the Second Noonday
Sub-adviser. The Noonday Individual Reporting Person
is the managing member of both the First Noonday
Sub-adviser and the Noonday General Partner.
(e) Not applicable.
Page 33 of 50 Pages
(f) The Noonday Individual Reporting Person
---------------------------------------
(a),(b) The information set forth in Rows 7 through 13 of the
cover page hereto for the Noonday Individual
Reporting Person is incorporated herein by reference
for the Noonday Individual Reporting Person.
(c) None.
(d) The Farallon General Partner and each of the First
Noonday Sub-adviser and the Second Noonday
Sub-adviser, as a sub-investment adviser to the
Funds, has the power to direct the receipt of
dividends relating to, or the disposition of the
proceeds of the sale of, all of the Shares held by
the Funds. The Management Company and each of the
First Noonday Sub-adviser and the Second Noonday
Sub-adviser, as a sub-investment adviser to the
Managed Accounts, has the power to direct the receipt
of dividends relating to, or the disposition of the
proceeds of the sale of, all of the Shares held by
the Managed Accounts. The Farallon Individual
Reporting Persons are managing members of the
Farallon General Partner and the Management Company.
The Noonday General Partner is the general partner of
the Second Noonday Sub-adviser. The Noonday
Individual Reporting Person is the managing member of
both the First Noonday Sub-adviser and the Noonday
General Partner.
(e) Not applicable.
The Shares reported hereby for the Funds are owned directly by the
Funds and those reported by the Management Company on behalf of the Managed
Accounts are owned directly by the Managed Accounts. The Farallon General
Partner, as general partner to the Farallon Funds and managing member of the
Noonday Fund, may be deemed to be the beneficial owner of all such Shares owned
by the Funds. The Management Company, as investment adviser to the Managed
Accounts, may be deemed to be the beneficial owner of all such Shares owned by
the Managed Accounts. The First Noonday Sub-adviser and the Second Noonday
Sub-adviser, as sub-investment advisers to the Funds and the Managed Accounts,
may be deemed to be the beneficial owner of all such Shares owned by the Funds
and the Managed Accounts. The Noonday General Partner, as general partner to the
Second Noonday Sub-adviser, may be deemed to be the beneficial owner of all such
Shares owned by the Funds and the Managed Accounts. The Farallon Individual
Reporting Persons, as managing members of both the Farallon General Partner and
the Management Company, may each be deemed to be the beneficial owner of all
such Shares owned by the Funds and the Managed Accounts. The Noonday Individual
Reporting Person, as the managing member of both the First Noonday Sub-adviser
and the Noonday General Partner, may be deemed to be the beneficial owner of all
such Shares owned by the Funds and the Managed Accounts. Each of the Farallon
General Partner, the Management Company, the Noonday Sub-adviser Entities and
the Individual Reporting Persons hereby disclaims any beneficial ownership of
any such Shares.
Page 34 of 50 Pages
Item 6. Contracts, Arrangements, Understandings Or Relationships With Respect To
------ ------------------------------------------------------------------------
Securities Of The Issuer
------------------------
Except as described above, there are no contracts, arrangements,
understandings or relationships (legal or otherwise) among the Reporting Persons
or between such persons and any other person with respect to any securities of
the Company, including but not limited to the transfer or voting of any
securities of the Company, finder's fees, joint ventures, loan or option
arrangements, puts or calls, guarantees of profits, divisions of profits or
loss, or the giving or withholding of proxies.
Item 7. Materials To Be Filed As Exhibits
------ ---------------------------------
There is filed herewith as Exhibit 1 a written agreement relating to
the filing of joint acquisition statements as required by Section 240.13d-1(k)
under the Securities Exchange Act of 1934, as amended.
Page 35 of 50 Pages
SIGNATURES
----------
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Dated: May 16, 2005
/s/ Joseph F. Downes
----------------------------------------
FARALLON PARTNERS, L.L.C.,
On its own behalf,
as the General Partner of
FARALLON CAPITAL PARTNERS, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS II, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS III, L.P.,
and TINICUM PARTNERS, L.P.,
and as the Managing Member of
NOONDAY CAPITAL PARTNERS, L.L.C.
By Joseph F. Downes,
Managing Member
/s/ Joseph F. Downes
----------------------------------------
FARALLON CAPITAL MANAGEMENT, L.L.C.
By Joseph F. Downes,
Managing Member
/s/ Joseph F. Downes
----------------------------------------
NOONDAY G.P. (U.S.), L.L.C.
By Joseph F. Downes,
Attorney-in-fact
/s/ Joseph F. Downes
----------------------------------------
NOONDAY CAPITAL, L.L.C.,
On its own behalf and as the General Partner of
NOONDAY ASSET MANAGEMENT, L.P.
By Joseph F. Downes,
Attorney-in-fact
Page 36 of 50 Pages
/s/ Joseph F. Downes
----------------------------------------
Joseph F. Downes, individually and as attorney-in-fact for
each of David I. Cohen, Chun R. Ding, William F. Duhamel,
Charles E. Ellwein, Richard B. Fried, Monica R. Landry,
William F. Mellin, Stephen L. Millham, Rajiv A. Patel,
Derek C. Schrier, Thomas F. Steyer and Mark C. Wehrly.
The Powers of Attorney, each executed by Mellin, Millham and Steyer
authorizing Downes to sign and file this Schedule 13D on each person's behalf,
which were filed with Amendment No. 1 to the Schedule 13D filed with the
Securities and Exchange Commission on January 20, 1998, by such Reporting
Persons with respect to the Units of Spiros Development Corporation II, Inc.,
are hereby incorporated by reference. The Powers of Attorney, each executed by
Duhamel and Fried authorizing Downes to sign and file this Schedule 13D on each
person's behalf, which were filed with Amendment No. 7 to the Schedule 13D filed
with the Securities and Exchange Commission on February 9, 1999 by such
Reporting Persons with respect to the Callable Class A Common Stock of Crescendo
Pharmaceuticals Corporation, are hereby incorporated by reference. The Power of
Attorney executed by Wehrly authorizing Downes to sign and file this Schedule
13D on his behalf, which was filed with Amendment No. 4 to the Schedule 13D
filed with the Securities and Exchange Commission on January 18, 2000, by such
Reporting Person with respect to the Class A Common Stock of Momentum Business
Applications, Inc., is hereby incorporated by reference. The Power of Attorney
executed by Landry authorizing Downes to sign and file this Schedule 13D on her
behalf, which was filed with the Schedule 13G filed with the Securities and
Exchange Commission on January 22, 2001, by such Reporting Person with respect
to the Common Stock of Korn/Ferry International, is hereby incorporated by
reference. The Powers of Attorney executed by each of Ding and Schrier
authorizing Downes to sign and file this Schedule 13D on his behalf, which was
filed with Amendment No. 1 to the Schedule 13D filed with the Securities and
Exchange Commission on July 2, 2003, by such Reporting Person with respect to
the Common Stock of Salix Pharmaceuticals, Ltd., is hereby incorporated by
reference. The Powers of Attorney executed by each of Ellwein and Patel
authorizing Downes to sign and file this Schedule 13D on his behalf, which was
filed with Amendment No. 4 to the Schedule 13G filed with the Securities and
Exchange Commission on January 8, 2004 by such Reporting Person with respect to
the Common Stock of Catalytica Energy Systems, Inc., is hereby incorporated by
reference. The Powers of Attorney executed by each of Noonday G.P. (U.S.),
L.L.C., Noonday Asset Management, L.P., Noonday Capital, L.L.C. and Cohen
authorizing Downes to sign and file this Schedule 13D on its or his behalf,
which was filed with Amendment No. 5 to the Schedule 13G filed with the
Securities and Exchange Commission on January 10, 2005 by such Reporting Person
with respect to the Common Stock of Catalytica Energy Systems, Inc. is hereby
incorporated by reference.
Page 37 of 50 Pages
ANNEX 1
Set forth below with respect to the Management Company, the Farallon
General Partner and the Noonday Sub-adviser Entities is the following
information: (a) name; (b) address; (c) principal business; (d) state of
organization; and (e) controlling persons. Set forth below with respect to each
Individual Reporting Person is the following information: (a) name; (b) business
address; (c) principal occupation; and (d) citizenship.
1. The Management Company
----------------------
(a) Farallon Capital Management, L.L.C.
(b) One Maritime Plaza, Suite 1325
San Francisco, California 94111
(c) Serves as investment adviser to various managed accounts
(d) Delaware limited liability company
(e) Managing Members: Thomas F. Steyer, Senior Managing Member;
Chun R. Ding, Joseph F. Downes, William F. Duhamel, Charles E.
Ellwein, Richard B. Fried, Monica R. Landry, William F.
Mellin, Stephen L. Millham, Rajiv A. Patel, Derek C. Schrier
and Mark C. Wehrly, Managing Members.
2. The Farallon General Partner
----------------------------
(a) Farallon Partners, L.L.C.
(b) c/o Farallon Capital Management, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, California 94111
(c) Serves as general partner to investment partnerships
(d) Delaware limited liability company
(e) Managing Members: Thomas F. Steyer, Senior Managing Member;
Chun R. Ding, Joseph F. Downes, William F. Duhamel, Charles E.
Ellwein, Richard B. Fried, Monica R. Landry, William F.
Mellin, Stephen L. Millham, Rajiv A. Patel, Derek C. Schrier
and Mark C. Wehrly, Managing Members.
3. The First Noonday Sub-adviser
-----------------------------
(a) Noonday G.P. (U.S.), L.L.C.
(b) c/o Noonday Asset Management, L.P.
227 West Trade Street, Suite 2140
Charlotte, North Carolina 28202
(c) Serves as sub-investment adviser to investment funds
(d) Delaware limited liability company
(e) Managing Member: David I. Cohen
Page 38 of 50 Pages
4. The Second Noonday Sub-adviser
------------------------------
(a) Noonday Asset Management, L.P.
(b) c/o Noonday Asset Management, L.P.
227 West Trade Street, Suite 2140
Charlotte, North Carolina 28202
(c) Serves as sub-investment adviser to investment funds
(d) Delaware limited partnership
(e) David I. Cohen, the managing member of its general partner
5. The Noonday General Partner
---------------------------
(a) Noonday Capital, L.L.C.
(b) c/o Noonday Asset Management, L.P.
227 West Trade Street, Suite 2140
Charlotte, North Carolina 28202
(c) Serves as general partner of the Second Noonday Sub-adviser
(d) Delaware limited liability company
(e) Managing Member: David I. Cohen
6. The Farallon Individual Reporting Persons
-----------------------------------------
Each of the Farallon Individual Reporting Persons is a United States
citizen whose business address is c/o Farallon Capital Management,
L.L.C., One Maritime Plaza, Suite 1325, San Francisco, California
94111. The principal occupation of Thomas F. Steyer is serving as
senior managing member of the Management Company and the Farallon
General Partner. The principal occupation of each other Farallon
Individual Reporting Person is serving as a managing member of both the
Management Company and the Farallon General Partner. None of the
Farallon Individual Reporting Persons have any additional information
to disclose with respect to Items 2-6 of the Schedule 13D that is not
already disclosed in the Schedule 13D.
7. The Noonday Individual Reporting Person
---------------------------------------
The Noonday Individual Reporting Person is a United States citizen
whose business address is c/o Noonday Asset Management, L.P., 227 West
Trade Street, Suite 2140, Charlotte, North Carolina 28202. The
principal occupation of the Noonday Individual Reporting Person is
serving as the managing member of both the First Noonday Sub-adviser
and the Noonday General Partner. The Noonday Individual Reporting
Person does not have any additional information to disclose with
respect to Items 2-6 of the Schedule 13D that is not already disclosed
in the Schedule 13D.
Page 39 of 50 Pages
SCHEDULE A
----------
FARALLON CAPITAL PARTNERS, L.P.
-------------------------------
NO. OF SHARES PRICE
TRADE DATE PURCHASED PER SHARE ($)
-------------- --------------- --------------
03/23/2005 6,300 73.45
03/23/2005 25,300 73.45
03/24/2005 25,000 73.44
03/28/2005 25,300 73.53
04/04/2005 2,800 73.45
04/05/2005 100 73.45
04/11/2005 24,300 74.00
04/11/2005 48,500 74.01
04/12/2005 19,900 73.98
04/13/2005 36,600 74.03
04/13/2005 15,100 74.05
04/14/2005 47,000 73.80
04/15/2005 24,500 73.82
04/15/2005 4,600 73.84
04/19/2005 23,200 74.07
04/20/2005 9,300 74.03
04/20/2005 10,600 74.02
04/21/2005 4,700 74.02
04/25/2005 7,600 74.04
04/26/2005 118,800 74.04
04/28/2005 30,700 74.03
04/29/2005 5,400 73.89
05/02/2005 31,500 74.02
05/05/2005 50,600 73.83
05/05/2005 24,900 73.70
Page 40 of 50 Pages
SCHEDULE B
----------
FARALLON CAPITAL INSTITUTIONAL PARTNERS, L.P.
---------------------------------------------
NO. OF SHARES PRICE
TRADE DATE PURCHASED PER SHARE ($)
-------------- --------------- --------------
03/23/2005 4,400 73.45
03/23/2005 17,800 73.45
03/24/2005 18,000 73.44
03/28/2005 17,800 73.53
04/04/2005 1,900 73.45
04/11/2005 32,000 74.01
04/11/2005 16,000 74.00
04/12/2005 12,900 73.98
04/13/2005 10,100 74.05
04/13/2005 24,500 74.03
04/14/2005 31,500 73.80
04/15/2005 3,200 73.84
04/15/2005 17,000 73.82
04/19/2005 17,200 74.07
04/20/2005 7,600 74.02
04/20/2005 6,600 74.03
04/21/2005 3,100 74.02
04/25/2005 5,000 74.04
04/26/2005 82,500 74.04
04/28/2005 23,300 74.03
04/29/2005 4,400 73.89
05/02/2005 13,900 74.02
05/05/2005 23,100 73.83
05/05/2005 11,400 73.70
Page 41 of 50 Pages
SCHEDULE C
----------
FARALLON CAPITAL INSTITUTIONAL PARTNERS II, L.P.
------------------------------------------------
NO. OF SHARES PRICE
TRADE DATE PURCHASED PER SHARE ($)
-------------- --------------- --------------
03/23/2005 400 73.45
03/23/2005 1,500 73.45
03/24/2005 1,500 73.44
03/28/2005 1,500 73.53
04/04/2005 100 73.45
04/11/2005 2,500 74.01
04/11/2005 1,300 74.00
04/12/2005 1,000 73.98
04/13/2005 1,900 74.03
04/13/2005 800 74.05
04/14/2005 2,500 73.80
04/15/2005 1,300 73.82
04/15/2005 300 73.84
04/19/2005 1,500 74.07
04/20/2005 600 74.03
04/20/2005 700 74.02
04/21/2005 300 74.02
04/25/2005 400 74.04
04/26/2005 6,300 74.04
04/28/2005 2,000 74.03
04/29/2005 400 73.89
05/02/2005 2,300 74.02
05/05/2005 1,800 73.70
05/05/2005 3,700 73.83
Page 42 of 50 Pages
SCHEDULE D
----------
FARALLON CAPITAL INSTITUTIONAL PARTNERS III, L.P.
-------------------------------------------------
NO. OF SHARES PRICE
TRADE DATE PURCHASED PER SHARE ($)
-------------- --------------- --------------
03/23/2005 1,800 73.45
03/23/2005 400 73.45
03/24/2005 1,800 73.44
03/28/2005 1,800 73.53
04/04/2005 100 73.45
04/11/2005 2,500 74.01
04/11/2005 1,300 74.00
04/12/2005 1,000 73.98
04/13/2005 800 74.05
04/13/2005 1,900 74.03
04/14/2005 2,500 73.80
04/15/2005 1,300 73.82
04/15/2005 300 73.84
04/19/2005 1,500 74.07
04/20/2005 600 74.03
04/20/2005 700 74.02
04/21/2005 300 74.02
04/25/2005 500 74.04
04/26/2005 7,500 74.04
04/28/2005 2,400 74.03
04/29/2005 400 73.89
05/02/2005 2,300 74.02
05/05/2005 1,800 73.70
05/05/2005 3,700 73.83
Page 43 of 50 Pages
SCHEDULE E
----------
TINICUM PARTNERS, L.P.
----------------------
NO. OF SHARES PRICE
TRADE DATE PURCHASED PER SHARE ($)
-------------- --------------- --------------
03/23/2005 100 73.45
03/23/2005 500 73.45
03/24/2005 500 73.44
03/28/2005 500 73.53
04/04/2005 100 73.45
04/11/2005 500 74.00
04/11/2005 1,000 74.01
04/12/2005 400 73.98
04/13/2005 300 74.05
04/13/2005 800 74.03
04/14/2005 1,000 73.80
04/15/2005 500 73.82
04/15/2005 100 73.84
04/19/2005 500 74.07
04/20/2005 200 74.03
04/20/2005 200 74.02
04/21/2005 100 74.02
04/25/2005 200 74.04
04/26/2005 2,500 74.04
04/28/2005 700 74.03
04/29/2005 100 73.89
05/02/2005 800 74.02
05/05/2005 600 73.70
05/05/2005 1,200 73.83
Page 44 of 50 Pages
SCHEDULE F
----------
NOONDAY CAPITAL PARTNERS, L.L.C.
-------------------------------
NO. OF SHARES PRICE
TRADE DATE PURCHASED PER SHARE ($)
-------------- --------------- --------------
03/23/2005 4,800 73.45
03/23/2005 1,200 73.45
03/24/2005 4,800 73.44
03/28/2005 4,800 73.53
04/04/2005 600 73.45
04/11/2005 5,300 74.00
04/11/2005 10,500 74.01
04/12/2005 4,300 73.98
04/13/2005 3,300 74.05
04/13/2005 7,900 74.03
04/14/2005 10,500 73.80
04/15/2005 1,100 73.84
04/15/2005 5,900 73.82
04/19/2005 4,800 74.07
04/20/2005 2,200 74.02
04/20/2005 1,900 74.03
04/21/2005 1,000 74.02
04/25/2005 1,400 74.04
04/26/2005 18,800 74.04
04/28/2005 5,100 74.03
04/29/2005 1,000 73.89
05/02/2005 5,600 74.02
05/05/2005 11,200 73.83
05/05/2005 5,500 73.70
Page 45 of 50 Pages
SCHEDULE G
----------
FARALLON CAPITAL MANAGEMENT, L.L.C.
-----------------------------------
NO. OF SHARES PRICE
TRADE DATE PURCHASED PER SHARE ($)
-------------- --------------- --------------
03/23/2005 11,200 73.45
03/23/2005 44,300 73.45
03/24/2005 44,400 73.44
03/28/2005 44,300 73.53
04/04/2005 5,700 73.45
04/05/2005 200 73.45
04/11/2005 47,000 74.00
04/11/2005 94,500 74.01
04/12/2005 38,900 73.98
04/13/2005 29,000 74.05
04/13/2005 70,600 74.03
04/14/2005 96,000 73.80
04/15/2005 9,500 73.84
04/15/2005 51,200 73.82
04/19/2005 47,800 74.07
04/20/2005 21,700 74.02
04/20/2005 19,000 74.03
04/21/2005 9,600 74.02
04/25/2005 15,600 74.04
04/26/2005 243,600 74.04
04/28/2005 65,100 74.03
04/29/2005 12,200 73.89
05/02/2005 82,700 74.02
05/05/2005 138,900 73.83
05/05/2005 68,400 73.70
03/23/2005 4,000 73.45
03/23/2005 1,000 73.45
03/24/2005 4,000 73.44
03/28/2005 4,000 73.53
04/04/2005 500 73.45
04/11/2005 8,500 74.01
04/11/2005 4,300 74.00
04/12/2005 3,500 73.98
04/13/2005 6,800 74.03
04/13/2005 2,800 74.05
Page 46 of 50 Pages
04/14/2005 9,000 73.80
04/15/2005 4,800 73.82
04/15/2005 900 73.84
04/19/2005 4,500 74.07
04/20/2005 2,100 74.02
04/20/2005 1,800 74.03
04/21/2005 900 74.02
04/25/2005 1,400 74.04
04/26/2005 20,000 74.04
04/28/2005 5,700 74.03
04/29/2005 1,100 73.89
05/02/2005 10,900 74.02
05/05/2005 17,500 73.83
05/05/2005 8,600 73.70
Page 47 of 50 Pages
EXHIBIT INDEX
EXHIBIT 1 Joint Acquisition Statement Pursuant to Section
240.13d-1(k)
Page 48 of 50 Pages
EXHIBIT 1
to
SCHEDULE 13D
JOINT ACQUISITION STATEMENT
PURSUANT TO SECTION 240.13d-1(k)
--------------------------------
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13D is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13D 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, her or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the other entities or persons, except to the extent that he, she or
it knows or has reason to believe that such information is inaccurate.
Dated: May 16, 2005
/s/ Joseph F. Downes
----------------------------------------
FARALLON PARTNERS, L.L.C.,
On its own behalf, as the General Partner of
FARALLON CAPITAL PARTNERS, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS II, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS III, L.P.,
and TINICUM PARTNERS, L.P.,
and as the Managing Member of
NOONDAY CAPITAL PARTNERS, L.L.C.
By Joseph F. Downes,
Managing Member
/s/ Joseph F. Downes
----------------------------------------
FARALLON CAPITAL MANAGEMENT, L.L.C.
By Joseph F. Downes,
Managing Member
/s/ Joseph F. Downes
----------------------------------------
NOONDAY G.P. (U.S.), L.L.C.
By Joseph F. Downes,
Attorney-in-fact
Page 49 of 50 Pages
/s/ Joseph F. Downes
----------------------------------------
NOONDAY CAPITAL, L.L.C.,
On its own behalf and as the General Partner
of NOONDAY ASSET MANAGEMENT, L.P.
By Joseph F. Downes,
Attorney-in-fact
/s/ Joseph F. Downes
----------------------------------------
Joseph F. Downes, individually and as attorney-in-fact for
each of David I. Cohen, Chun R. Ding, William F. Duhamel,
Charles E. Ellwein, Richard B. Fried, Monica R. Landry,
William F. Mellin, Stephen L. Millham, Rajiv A. Patel,
Derek C. Schrier, Thomas F. Steyer and Mark C. Wehrly.
Page 50 of 50 Pages