SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
D. E. SHAW LAMINAR PORTFOLIOS, L.L.C.

(Last) (First) (Middle)
39TH FLOOR, TOWER 45
120 WEST FORTY-FIFTH STREET

(Street)
NEW YORK NY 10036

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FOAMEX INTERNATIONAL INC [ FMXL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) X Other (specify below)
See Footnotes 1 and 2.
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/01/2008 J 10,615,384(3)(4) A (3)(4) 16,356,282 D(1)(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
D. E. SHAW LAMINAR PORTFOLIOS, L.L.C.

(Last) (First) (Middle)
39TH FLOOR, TOWER 45
120 WEST FORTY-FIFTH STREET

(Street)
NEW YORK NY 10036

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) X Other (specify below)
See Footnotes 1 and 2.
1. Name and Address of Reporting Person*
D. E. SHAW & CO, L.P.

(Last) (First) (Middle)
39TH FLOOR, TOWER 45
120 WEST FORTY-FIFTH STREET

(Street)
NEW YORK NY 10036

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) X Other (specify below)
See Footnotes 1 and 2.
1. Name and Address of Reporting Person*
D. E. SHAW & CO, L.L.C.

(Last) (First) (Middle)
39TH FLOOR, TOWER 45
120 WEST FORTY-FIFTH STREET

(Street)
NEW YORK NY 10036

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) X Other (specify below)
See Footnotes 1 and 2.
1. Name and Address of Reporting Person*
SHAW DAVID E

(Last) (First) (Middle)
39TH FLOOR, TOWER 45
120 WEST FORTY-FIFTH STREET

(Street)
NEW YORK NY 10036

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) X Other (specify below)
See Footnotes 1 and 2.
Explanation of Responses:
1. D. E. Shaw & Co., L.P. ("DESCO LP"), as an investment adviser to D. E. Shaw Laminar Portfolios, L.L.C. ("Laminar"); D. E. Shaw & Co., L.L.C. ("DESCO LLC"), as managing member of Laminar; and Mr. David E. Shaw ("David E. Shaw") (as president and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of DESCO LP, and as president and sole shareholder of D. E. Shaw & Co. II, Inc., which is the managing member of DESCO LLC) may be deemed to be the beneficial owners of more than 10% of the Common Stock of the Issuer for purposes of Rule 16a-1(a) of the Securities Exchange Act of 1934. (Continued in Footnote 2)
2. In accordance with instruction 4(b)(iv), the entire number of shares of Common Stock that may be deemed to be beneficially owned by DESCO LP, DESCO LLC, or Laminar is reported herein. Each of DESCO LP, DESCO LLC, and David E. Shaw disclaims any beneficial ownership of any of the securities listed in this Form 4, except to the extent of any pecuniary interest therein. The reporting persons also may be deemed, for Section 16 purposes, directors of the Issuer by virtue of DESCO LP employees Seth Charnow's and David Lyon's service as members of the Issuer's board of directors. None of Laminar, DESCO LP, DESCO LLC, or David E. Shaw serves as a director of the Issuer.
3. Reflects the number of shares that Laminar expects will be payable to Laminar as a put option premium (the "Put Option Premium") pursuant to the put option agreement, dated as of April 1, 2008, between the Issuer and Laminar. The Put Option Premium will be reduced by the amount of any premium (the "Cure Premium") to be paid to Laminar pursuant to the equity cure letter (the "Equity Cure Letter"), dated February 13, 2008, entered into by Laminar and the Issuer. The Cure Premium will be equal to $522,267.65, payable in a number of shares of the Issuer's common stock to be determined based on the average trading price of the Issuer's common stock for the 30-trading day period ending on the fifth trading day immediately preceding the date on which the Cure Premium will become payable. (Continued in Footnote 4)
4. As described in the Form 8-K filed by the Issuer on February 13, 2008, the Cure Premium will be payable on the earliest of (i) the first issuance of securities under the Equity Cure Letter, (ii) the consummation of a rights offering by the Issuer, or (iii) the termination of the Equity Cure Letter.
D. E. Shaw Laminar Portfolios, L.L.C. By: D. E. Shaw & Co., L.L.C., as managing member By: /s/ Rochelle Elias, Chief Compliance Officer 04/17/2008
D. E. Shaw & Co., L.P. By: /s/ Rochelle Elias, Chief Compliance Officer 04/17/2008
D. E. Shaw & Co., L.L.C. By: /s/ Rochelle Elias, Chief Compliance Officer 04/17/2008
David E. Shaw By: /s/ Rochelle Elias, Attorney-in-Fact for David E. Shaw 04/17/2008
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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