-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Dsu/Lf2KJ4nHXEfIukW9MbcapAMh87ZF7IXkg7svLH4iPBqGVG4F/dyxXoQtkDxB 4P09QMS11zBkJ4jElMfNtg== 0000927016-02-000944.txt : 20020414 0000927016-02-000944.hdr.sgml : 20020414 ACCESSION NUMBER: 0000927016-02-000944 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020214 GROUP MEMBERS: HIGHFIELDS GP LLC GROUP MEMBERS: JONATHON S. JACOBSON GROUP MEMBERS: RICHARD L. GRUBMAN FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HIGHFIELDS CAPITAL MANAGEMENT LP CENTRAL INDEX KEY: 0001079563 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 200 CLARENDON STREET 51ST FLOOR CITY: BOSTON STATE: MA ZIP: 02117 BUSINESS PHONE: 6178507500 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WADDELL & REED FINANCIAL INC CENTRAL INDEX KEY: 0001052100 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 510261715 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-54561 FILM NUMBER: 02545996 BUSINESS ADDRESS: STREET 1: 6300 LAMAR AVE STREET 2: P O BOX 29217 CITY: OVERLAND PARK STATE: KS ZIP: 66202-4200 BUSINESS PHONE: 9132362000 MAIL ADDRESS: STREET 1: P O BOX 29217 STREET 2: 6300 LAMAR AVE CITY: OVERLAND PARK STATE: KS ZIP: 66202-4200 SC 13G/A 1 dsc13ga.txt AMENDMENT NO. 3 SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ---------- SCHEDULE 13G (Amendment No. 3) INFORMATION STATEMENT PURSUANT TO RULES 13d-1 and 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 Waddell & Reed Financial, Inc. ------------------------------------------------------- (Name of Issuer) Class A Common Stock, Par Value $.01 Per Share ------------------------------------------------------- (Title of Class of Securities) 930059100 ------------------------------------------------------- (CUSIP Number) - --------------------- --------------------- CUSIP No. 930059100 13G/A Page 2 of 10 Pages - --------------------- --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Highfields Capital Management LP - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 4,307,574 NUMBER OF ------------------------------------------------ SHARES 6. SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 7. SOLE DISPOSITIVE POWER REPORTING 4,307,574 PERSON ------------------------------------------------ WITH 8. SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,307,574 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [_] CERTAIN SHARES - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.4% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- - --------------------- --------------------- CUSIP No. 930059100 13G/A Page 3 of 10 Pages - --------------------- --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Highfields GP LLC - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 4,307,574 NUMBER OF ------------------------------------------------ SHARES 6. SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 7. SOLE DISPOSITIVE POWER REPORTING 4,307,574 PERSON ------------------------------------------------ WITH 8. SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,307,574 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [_] CERTAIN SHARES - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.4% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- - --------------------- --------------------- CUSIP No. 930059100 13G/A Page 4 of 10 Pages - --------------------- --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Jonathon S. Jacobson - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 4,307,574 NUMBER OF ------------------------------------------------ SHARES 6. SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 7. SOLE DISPOSITIVE POWER REPORTING 4,307,574 PERSON ------------------------------------------------ WITH 8. SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,307,574 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [_] CERTAIN SHARES - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.4% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- - --------------------- --------------------- CUSIP No. 930059100 13G/A Page 5 of 10 Pages - --------------------- --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Richard L. Grubman - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 4,307,574 NUMBER OF ------------------------------------------------ SHARES 6. SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 7. SOLE DISPOSITIVE POWER REPORTING 4,307,574 PERSON ------------------------------------------------ WITH 8. SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,307,574 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [_] CERTAIN SHARES - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.4% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- - --------------------- --------------------- CUSIP No. 930059100 13G/A Page 6 of 10 Pages - --------------------- --------------------- This Amendment No. 3 to Schedule 13G ("Amendment No. 3") amends and supplements the statements on Schedule 13G originally filed on March 3, 1999 and October 20, 1999, as amended by Amendment No. 1 filed on February 14, 2000 and Amendment No. 2 filed on February 14, 2001, with respect to the shares of Class B Common Stock, par value $.01 per share (the "Class B Shares"), of Waddell & Reed Financial, Inc. (the "Issuer"). Pursuant to stockholder approval, as of the close of business on April 30, 2001, the Issuer effected a combination of its two classes of common stock into a single class, reclassifying all of its Class B Shares into shares of its Class A Common Stock, par value $.01 per share (the "Class A Shares"), on a one-for-one basis. Accordingly, this Amendment No. 3 reflects the CUSIP Number of the Class A Shares into which the Class B Shares were converted. Item 1(a). Name of Issuer: Waddell & Reed Financial, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 6300 Lamar Avenue, Overland Park, Kansas 66202 Item 2(a). Name of Person Filing: This statement is being filed by the following persons with respect to the shares of Class A common stock of the Issuer ("common stock") directly owned by Highfields Capital I LP, Highfields Capital II LP and Highfields Capital Ltd. (collectively, the "Funds"): (i) Highfields Capital Management LP, a Delaware limited partnership ("Highfields Capital Management") and Investment Manager to each of the Funds, (ii) Highfields GP LLC, a Delaware limited liability company ("Highfields GP") and the General Partner of Highfields Capital Management, (iii) Jonathon S. Jacobson, a Managing Member of Highfields GP, and (iv) Richard L. Grubman, a Managing Member of Highfields GP. Highfields Capital Management, Highfields GP, Mr. Jacobson and Mr. Grubman are sometimes individually referred to herein as a "Reporting Person" and collectively as the "Reporting Persons." Item 2(b). Address of Principal Business Office or, if None, Residence: Address for Highfields Capital Management, Highfields GP, Mr. Jacobson and Mr. Grubman: c/o Highfields Capital Management 200 Clarendon Street Boston, Massachusetts 02116 - --------------------- --------------------- CUSIP No. 930059100 13G/A Page 7 of 10 Pages - --------------------- --------------------- Item 2(c). Citizenship: Highfields Capital Management - Delaware Highfields GP - Delaware Jonathon S. Jacobson - United States Richard L. Grubman - United States Item 2(d). Title of Class of Securities: Class A Common Stock, par value $.01 per share Item 2(e). CUSIP Number: 930059100 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act. (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [_] Investment company registered under Section 8 of the Investment Company Act. (e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). - --------------------- --------------------- CUSIP No. 930059100 13G/A Page 8 of 10 Pages - --------------------- --------------------- Item 4. Ownership. Provide the following information regarding the aggregate number of and percentage of the class of securities of the Issuer identified in Item 1. For Highfields Capital Management, Highfields GP, Mr. Jacobson and Mr. Grubman: (a) Amount beneficially owned: 4,307,574 shares of Common Stock (b) Percent of class: 5.4% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 4,307,574 (ii) Shared power to vote or to direct the vote --0-- (iii) Sole power to dispose or to direct the disposition of 4,307,574 (iv) Shared power to dispose or to direct the disposition of --0-- Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. The shares to which this filing by Highfields Capital Management, Highfields GP, Mr. Jacobson and Mr. Grubman relates are beneficially owned by the Funds, each of which has the power to direct the dividends from or the proceeds of the sale of the shares owned by such Funds. Highfields Capital Management serves as the Investment Manager to each of the Funds. None of the Funds individually owns more than five percent of the shares of common stock of the Issuer. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable. - --------------------- --------------------- CUSIP No. 930059100 13G/A Page 9 of 10 Pages - --------------------- --------------------- Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. - --------------------- --------------------- CUSIP No. 930059100 13G/A Page 10 of 10 Pages - --------------------- --------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 14, 2002 ----------------- Date HIGHFIELDS CAPITAL MANAGEMENT LP By: Highfields GP LLC, its General Partner /s/ Kenneth H. Colburn -------------------------------------------- Signature Kenneth H. Colburn, Authorized Signatory -------------------------------------------- Name/Title HIGHFIELDS GP LLC /s/ Kenneth H. Colburn -------------------------------------------- Signature Kenneth H. Colburn, Authorized Signatory -------------------------------------------- Name/Title JONATHON S. JACOBSON /s/ Kenneth H. Colburn -------------------------------------------- Signature Kenneth H. Colburn, Attorney-in-Fact -------------------------------------------- Name/Title RICHARD L. GRUBMAN /s/ Kenneth H. Colburn -------------------------------------------- Signature Kenneth H. Colburn, Attorney-in-Fact -------------------------------------------- Name/Title -----END PRIVACY-ENHANCED MESSAGE-----