-----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, PEi0ID66zyPptc0eoBc0ToUOG0LAeB6JtAlz6H34DvKd6K9CW0kUsy7D4jTp3bot bx695MjdRoBggwk/rFS/8Q== 0000923088-96-000017.txt : 19960930 0000923088-96-000017.hdr.sgml : 19960930 ACCESSION NUMBER: 0000923088-96-000017 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960927 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INAMED CORP CENTRAL INDEX KEY: 0000109831 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] IRS NUMBER: 590920629 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-34274 FILM NUMBER: 96635719 BUSINESS ADDRESS: STREET 1: 3800 HOWARD HUGHES PARKWAY STE 900 CITY: LAS VEGAS STATE: NV ZIP: 89109 BUSINESS PHONE: 7027913388 MAIL ADDRESS: STREET 1: 3800 HOWARD HUGHES PARKWAY STE 900 CITY: LAS VEGAS STATE: NV ZIP: 89109 FORMER COMPANY: FORMER CONFORMED NAME: FIRST AMERICAN CORP /FL/ DATE OF NAME CHANGE: 19860819 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: APPALOOSA MANAGEMENT LP ET AL CENTRAL INDEX KEY: 0000923088 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 51 JFK PARKWAY CITY: SHORT HILLS STATE: NJ ZIP: 07078 BUSINESS PHONE: 2013765400 MAIL ADDRESS: STREET 1: 51 JFK PARKWAY CITY: SHORT HILLS STATE: NJ ZIP: 07078 SC 13D/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1 )* Inamed Corporation (Name of Issuer) Common Stock (Title of Class of Securities) 453235103 (CUSIP Number) Jonathan Green, Esq. Appaloosa Management L.P. 51 John F. Kennedy Parkway Short Hills, New Jersey 07078 (201) 376-5400 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 25, 1996 (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1 (b)(3) or (4), check the following box . Check the following box if a fee is being paid with the statement . (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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 disclosure 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). Exhibit Index: Page 6 Page 1 of 8 Pages SCHEDULE 13D CUSIP No. 453235103 Page 2 of 8 Pages 1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Appaloosa Management L.P. 2 Check the Appropriate Box If a Member of a Group* a. b. X 3 SEC Use Only 4 Source of Funds* N/A 5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6 Citizenship or Place of Organization Delaware 7 Sole Voting Power Number of 629,100 Shares Beneficially 8 Shared Voting Power Owned By -0- Each Reporting 9 Sole Dispositive Power Person 629,100 With 10 Shared Dispositive Power -0- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 629,100 12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* 13 Percent of Class Represented By Amount in Row (11) 7.87% 14 Type of Reporting Person* PN *SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D CUSIP No. 453235103 Page 3 of 8 Pages 1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person David A. Tepper 2 Check the Appropriate Box If a Member of a Group* a. b. X 3 SEC Use Only 4 Source of Funds* N/A 5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6 Citizenship or Place of Organization United States 7 Sole Voting Power Number of 629,100 Shares Beneficially 8 Shared Voting Power Owned By -0- Each Reporting 9 Sole Dispositive Power Person 629,100 With 10 Shared Dispositive Power -0- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 629,100 12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* 13 Percent of Class Represented By Amount in Row (11) 7.87% 14 Type of Reporting Person* IN *SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D This Amendment No. 1 to the statement on Schedule 13D filed on behalf of Appaloosa Management L.P. (the "Manager") and David A. Tepper ("Tepper" and together with the Manager, collectively, the "Reporting Persons") on August 26, 1996 (the "Schedule 13D") relates to the common stock of Inamed Corporation (the "Company"). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Schedule 13D. The Schedule 13D is hereby amended and supplemented as follows: Item 3. Source and Amount of Funds or Other Consideration Of the additional 90,100 Shares acquired by the Reporting Persons since the filing of the Schedule 13D, on August 26, 1996, 57,190 Shares were purchased with the personal funds of the Partnership, 18,825 Shares were purchased with the working capital of Palomino and 14,085 Shares were purchased with the working capital of Reliance. Item 5. Interest in Securities of the Issuer Since the filing of the Schedule 13D, on August 26, 1996, the Accounts purchased, in the aggregate, 90,100 Shares in the open market. As a result of this these purchases and as of September 26, 1996, 399,836 Shares are held by the Partnership, 98,543 Shares are held by Reliance and 130,721 Shares are held by Palomino. (a) This statement on Schedule 13D relates to 629,100 Shares beneficially owned by the Reporting Persons, which constitute approximately 7.87% of the issued and outstanding Shares. (b) The Manager has sole voting and dispositive power with respect to 629,100 Shares. Mr. Tepper has sole voting and dispositive power with respect to 629,100 Shares. (c) Within the past sixty days, the Reporting Persons purchased Shares on the dates, in the amounts and at the prices set forth on Exhibit A annexed hereto and incorporated by reference herein. All of such purchases were made on the open market. (d) Not applicable. (e) Not applicable. Item 7. Material to Be Filed as Exhibits Exhibit A: Transactions in Shares Within Past 60 Days. 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. Dated: September 26, 1996 Appaloosa Management L.P. By: Appaloosa Partners Inc., Its General Partner By: /s/ David A. Tepper David A. Tepper President David A. Tepper /s/ David A. Tepper EXHIBIT INDEX Exhibit Exhibit Name Page A Transactions in Shares Within Past 60 Days 7 EXHIBIT A Transactions in Shares of the Company Within the Past Sixty Days Transactions by Appaloosa Investment Limited Partnership I Trade Date Purchase/ Sale No. of Shares Purchased/Sold Price Per Share 9-09-96 P 5,700 9.675 9-10-96 P 4,065 9.675 9-12-96 P 19,680 9.875 9-20-96 P 1,270 9.925 9-20-96 P 3,810 9.9458 9-23-96 P 635 9.925 9-24-96 P 16,825 9.875 9-25-96 P 5,205 9.7829 Transactions by Palomino Fund Ltd. Trade Date Purchase/ Sale No. of Shares Purchased/Sold Price Per Share 9-09-96 P 1,900 9.675 9-10-96 P 1,335 9.675 9-12-96 P 6,470 9.875 9-20-96 P 420 9.925 9-20-96 P 1,250 9.9458 9-23-96 P 210 9.925 9-24-96 P 5,530 9.875 9-25-96 1,710 9.7829 Purchases by Reliance Standard Life Insurance Company Trade Date Purchase/ Sale No of Shares Purchased/Sold Price Per Share 9-09-96 P 1,400 9.675 9-10-96 P 1,000 9.675 9-12-96 P 4,850 9.875 9-20-96 P 310 9.925 9-20-96 P 940 9.9458 9-23-96 P 155 9.925 9-24-96 P 4,145 9.875 9-25-96 P 1,285 9.7829 -----END PRIVACY-ENHANCED MESSAGE-----