-----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, WZSCBZ5nQ26WpSRcogy8Qq3A89tTIf/YaCTUbZdPtZZnk5h+8PG1lmqNLugOYA0O A6iBj61sI8kM+Z/eKzvvEg== 0000902664-08-002035.txt : 20080515 0000902664-08-002035.hdr.sgml : 20080515 20080515140419 ACCESSION NUMBER: 0000902664-08-002035 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080331 FILED AS OF DATE: 20080515 DATE AS OF CHANGE: 20080515 EFFECTIVENESS DATE: 20080515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KING STREET CAPITAL MGMT LLC CENTRAL INDEX KEY: 0001218199 IRS NUMBER: 133978904 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10356 FILM NUMBER: 08836135 BUSINESS ADDRESS: STREET 1: 65 EAST 55TH STREET STREET 2: 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-812-3100 MAIL ADDRESS: STREET 1: 65 EAST 55TH STREET STREET 2: 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 p08-0980form13fhr.txt KING STREET CAPITAL MANAGEMENT, L.L.C. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2008 ---------------------------- Check here if Amendment [ ]; Amendment Number: ----- This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: King Street Capital Management, L.L.C. -------------------------------------------------- Address: 65 East 55th Street -------------------------------------------------- 30th Floor -------------------------------------------------- New York, New York 10022 -------------------------------------------------- Form 13F File Number: 028-10356 ------------------ The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Brian J. Higgins -------------------------------------------------- Title: Managing Member -------------------------------------------------- Phone: (212) 812-3100 -------------------------------------------------- Signature, Place, and Date of Signing: /s/ Brian J. Higgins New York, New York 05/15/08 ------------------------ ------------------------ ------------ Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Report Summary: Number of Other Included Managers: 4 ------------- Form 13F Information Table Entry Total: 92 ------------- Form 13F Information Table Value Total: $1,443,572 ------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1 28-10358 KING STREET CAPITAL, LTD. 2 28-10355 BRIAN J. HIGGINS 3 28-10357 O. FRANCIS BIONDI, JR. 4 28-10701 KING STREET CAPITAL, L.P.
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE AETNA INC NEW COM 00817Y958 7,471 177,500 PUT Defined 1, 2, 3 177,500 AETNA INC NEW COM 00817Y958 3,052 72,500 PUT Defined 2, 3, 4 72,500 AMERICAN ELEC PWR INC COM 025537901 29,557 710,000 CALL Defined 1, 2, 3 AMERICAN ELEC PWR INC COM 025537901 12,073 290,000 CALL Defined 2, 3, 4 AMERICAN INTL GROUP INC COM 026874907 15,246 352,500 CALL Defined 1, 2, 3 AMERICAN INTL GROUP INC COM 026874907 6,379 147,500 CALL Defined 2, 3, 4 ALCOA INC COM 013817901 51,205 1,420,000 CALL Defined 1, 2, 3 ALCOA INC COM 013817901 20,915 580,000 CALL Defined 2, 3, 4 AMDOCS LTD NOTE 0.500% 3/1 02342TAD1 40,167 40,675,000 PRN Defined 1, 2, 3 40,675,000 AMDOCS LTD NOTE 0.500% 3/1 02342TAD1 19,083 19,325,000 PRN Defined 2, 3, 4 19,325,000 APOLLO GROUP INC COM 037604955 15,444 357,500 PUT Defined 1, 2, 3 357,500 APOLLO GROUP INC COM 037604955 6,156 142,500 PUT Defined 2, 3, 4 142,500 AUTOMATIC DATA PROCESSING IN COM 053015953 29,885 705,000 PUT Defined 1, 2, 3 705,000 AUTOMATIC DATA PROCESSING IN COM 053015953 12,505 295,000 PUT Defined 2, 3, 4 295,000 BOEING CO COM 097023955 26,401 355,000 PUT Defined 1, 2, 3 355,000 BOEING CO COM 097023955 10,784 145,000 PUT Defined 2, 3, 4 145,000 CARNIVAL CORP COM 143658950 14,370 355,000 PUT Defined 1, 2, 3 355,000 CARNIVAL CORP COM 143658950 5,870 145,000 PUT Defined 2, 3, 4 145,000 COUNTRYWIDE FINANCIAL CORP DBCV 4/1 222372AN4 41,887 47,330,000 PRN Defined 1, 2, 3 47,330,000 COUNTRYWIDE FINANCIAL CORP DBCV 4/1 222372AN4 17,408 19,670,000 PRN Defined 2, 3, 4 19,670,000 COUNTRYWIDE FINANCIAL CORP DBCV 5/1 222372AP9 58,392 67,603,000 PRN Defined 1, 2, 3 67,603,000 COUNTRYWIDE FINANCIAL CORP DBCV 5/1 222372AP9 24,312 28,147,000 PRN Defined 2, 3, 4 28,147,000 COMMUNITY HEALTH SYS INC NEW COM 203668958 11,917 355,000 PUT Defined 1, 2, 3 355,000 COMMUNITY HEALTH SYS INC NEW COM 203668958 4,868 145,000 PUT Defined 2, 3, 4 145,000 EARTHLINK INC NOTE 3.250%11/1 270321AA0 14,473 13,583,000 PRN Defined 1, 2, 3 13,583,000 EARTHLINK INC NOTE 3.250%11/1 270321AA0 6,838 6,417,000 PRN Defined 2, 3, 4 6,417,000 FIRSTENERGY CORP COM 337932907 24,182 352,400 CALL Defined 1, 2, 3 FIRSTENERGY CORP COM 337932907 10,128 147,600 CALL Defined 2, 3, 4 GENERAL MTRS CORP DEB SR CONV B 370442733 23,261 1,430,000 PRN Defined 1, 2, 3 1,430,000 GENERAL MTRS CORP DEB SR CONV B 370442733 9,272 570,000 PRN Defined 2, 3, 4 570,000 HUNTSMAN CORP COM 447011107 8,414 440,775 SH Defined 1, 2, 3 440,775 HUNTSMAN CORP COM 447011107 4,144 217,070 SH Defined 2, 3, 4 217,070 ION MEDIA NETWORKS INC NOTE 11.000% 7/3 46205AAB9 3,448 13,260,000 PRN Defined 1, 2, 3 13,260,000 ION MEDIA NETWORKS INC NOTE 11.000% 7/3 46205AAB9 1,622 6,240,000 PRN Defined 2, 3, 4 6,240,000 JACK IN THE BOX INC COM 466367109 4,973 185,061 SH Defined 1, 2, 3 185,061 JACK IN THE BOX INC COM 466367109 2,325 86,539 SH Defined 2, 3, 4 86,539 MERCK & CO INC COM 589331907 41,474 1,092,860 CALL Defined 1, 2, 3 MERCK & CO INC COM 589331907 18,389 484,567 CALL Defined 2, 3, 4 MIRANT CORP NEW *W EXP 01/03/201 60467R118 5,429 342,500 PRN Defined 1, 2, 3 342,500 MIRANT CORP NEW *W EXP 01/03/201 60467R118 2,496 157,500 PRN Defined 2, 3, 4 157,500 MOODYS CORP COM 615369955 12,452 357,500 PUT Defined 1, 2, 3 357,500 MOODYS CORP COM 615369955 4,963 142,500 PUT Defined 2, 3, 4 142,500 NORTHWESTERN CORP COM NEW 668074305 33,387 1,370,000 PRN Defined 1, 2, 3 1,370,000 NORTHWESTERN CORP COM NEW 668074305 15,353 630,000 PRN Defined 2, 3, 4 630,000 PPL CORP COM 69351T106 16,302 355,000 SH Defined 1, 2, 3 355,000 PPL CORP COM 69351T106 6,658 145,000 SH Defined 2, 3, 4 145,000 PRECISION CASTPARTS CORP COM 740189955 36,504 357,600 PUT Defined 1, 2, 3 357,600 PRECISION CASTPARTS CORP COM 740189955 14,536 142,400 PUT Defined 2, 3, 4 142,400 PRINCIPAL FINANCIAL GROUP IN COM 74251V902 19,781 355,000 CALL Defined 1, 2, 3 PRINCIPAL FINANCIAL GROUP IN COM 74251V902 8,079 145,000 CALL Defined 2, 3, 4 STRYKER CORP COM 863667951 22,930 352,500 PUT Defined 1, 2, 3 352,500 STRYKER CORP COM 863667951 9,595 147,500 PUT Defined 2, 3, 4 147,500 SUNTRUST BKS INC COM 867914953 38,874 705,000 PUT Defined 1, 2, 3 705,000 SUNTRUST BKS INC COM 867914953 16,266 295,000 PUT Defined 2, 3, 4 295,000 TRANSALTA CORP COM 89346D107 42,621 1,370,000 SH Defined 1, 2, 3 1,370,000 TRANSALTA CORP COM 89346D107 19,599 630,000 SH Defined 2, 3, 4 630,000 U S G CORP COM 903293905 25,958 705,000 CALL Defined 1, 2, 3 U S G CORP COM 903293905 10,862 295,000 CALL Defined 2, 3, 4 UNION PAC CORP COM 907818108 21,471 171,250 SH Defined 1, 2, 3 171,250 UNION PAC CORP COM 907818108 9,874 78,750 SH Defined 2, 3, 4 78,750 UNISOURCE ENERGY CORP COM 909205106 15,916 715,000 SH Defined 1, 2, 3 715,000 UNISOURCE ENERGY CORP COM 909205106 6,344 285,000 SH Defined 2, 3, 4 285,000 UNITEDHEALTH GROUP INC COM 91324P952 6,099 177,500 PUT Defined 1, 2, 3 177,500 UNITEDHEALTH GROUP INC COM 91324P952 2,491 72,500 PUT Defined 2, 3, 4 72,500 UNITED STATES STL CORP NEW COM 912909908 22,684 178,800 CALL Defined 1, 2, 3 UNITED STATES STL CORP NEW COM 912909908 9,033 71,200 CALL Defined 2, 3, 4 VERISIGN INC COM 92343E102 58,170 1,750,000 SH Defined 1, 2, 3 1,750,000 VERISIGN INC COM 92343E102 24,930 750,000 SH Defined 2, 3, 4 750,000 VERISIGN INC COM 92343E902 67,810 2,040,000 CALL Defined 1, 2, 3 VERISIGN INC COM 92343E902 31,910 960,000 CALL Defined 2, 3, 4 VIVO PARTICIPACOES S A SPON ADR PFD 92855S101 14,237 2,388,750 PRN Defined 1, 2, 3 2,388,750 VIVO PARTICIPACOES S A SPON ADR PFD 92855S101 6,623 1,111,250 PRN Defined 2, 3, 4 1,111,250 WACHOVIA CORP NEW COM 929903952 18,495 685,000 PUT Defined 1, 2, 3 685,000 WACHOVIA CORP NEW COM 929903952 8,505 315,000 PUT Defined 2, 3, 4 315,000 WACHOVIA CORP NEW COM 929903102 13,485 499,450 SH Defined 1, 2, 3 499,450 WACHOVIA CORP NEW COM 929903102 5,415 200,550 SH Defined 2, 3, 4 200,550 WALTER INDS INC COM 93317Q105 8,925 142,500 SH Defined 1, 2, 3 142,500 WALTER INDS INC COM 93317Q105 3,601 57,500 SH Defined 2, 3, 4 57,500 WASHINGTON MUT INC COM 939322953 3,528 342,500 PUT Defined 1, 2, 3 342,500 WASHINGTON MUT INC COM 939322953 1,622 157,500 PUT Defined 2, 3, 4 157,500 WASHINGTON MUT INC CONV7.75%SER R 939322814 2,525 3,575 PRN Defined 1, 2, 3 3,575 WASHINGTON MUT INC CONV7.75%SER R 939322814 1,006 1,425 PRN Defined 2, 3, 4 1,425 WASHINGTON MUT INC COM 939322103 3,528 342,500 SH Defined 1, 2, 3 342,500 WASHINGTON MUT INC COM 939322103 1,622 157,500 SH Defined 2, 3, 4 157,500 WELLPOINT INC COM 94973V957 7,833 177,500 PUT Defined 1, 2, 3 177,500 WELLPOINT INC COM 94973V957 3,199 72,500 PUT Defined 2, 3, 4 72,500 YELLOW ROADWAY CORP NOTE 3.375%11/2 985577AB1 18,746 24,336,000 PRN Defined 1, 2, 3 24,336,000 YELLOW ROADWAY CORP NOTE 3.375%11/2 985577AB1 7,829 10,164,000 PRN Defined 2, 3, 4 10,164,000 YELLOW ROADWAY CORP NOTE 5.000% 8/0 985577AA3 3,765 4,230,000 PRN Defined 1, 2, 3 4,230,000 YELLOW ROADWAY CORP NOTE 5.000% 8/0 985577AA3 1,575 1,770,000 PRN Defined 2, 3, 4 1,770,000 YRC WORLDWIDE INC COM 984249952 6,888 525,000 PUT Defined 1, 2, 3 525,000 YRC WORLDWIDE INC COM 984249952 2,952 225,000 PUT Defined 2, 3, 4 225,000
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