0001222765-21-000006.txt : 20210513 0001222765-21-000006.hdr.sgml : 20210513 20210512174036 ACCESSION NUMBER: 0001222765-21-000006 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210513 DATE AS OF CHANGE: 20210512 EFFECTIVENESS DATE: 20210513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WATER ISLAND CAPITAL LLC CENTRAL INDEX KEY: 0001222765 IRS NUMBER: 134100544 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10693 FILM NUMBER: 21916407 BUSINESS ADDRESS: STREET 1: 41 MADISON AVENUE STREET 2: 42ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212-584-2367 MAIL ADDRESS: STREET 1: 41 MADISON AVENUE STREET 2: 42ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001222765 XXXXXXXX 03-31-2021 03-31-2021 false WATER ISLAND CAPITAL LLC

41 Madison Avenue 42nd Floor New York NY 10010

13F HOLDINGS REPORT 028-10693 N Stephanie Butler 917-475-9243 Stephanie Butler New York NY 05-12-2021 0 96 1639888 INFORMATION TABLE 2 infotable.xml AECOM Equity 00766T100 224 3500 SH SOLE 3500 0 0 Analog Devices Inc Equity 032654105 535 3449 SH SOLE 3449 0 0 Aegion Corp Equity 00770F104 29866 1038800 SH SOLE 980039 0 58761 Aerojet Rocketdyne Holdings In Equity 007800105 28787 613018 SH SOLE 576402 0 34338 Alexion Pharmaceuticals Inc Equity 015351109 83557 546445 SH SOLE 504570 0 40821 Altimar Acquisition Corp Equity G03707109 1383 140004 SH SOLE 140004 0 0 Atlantic Power Corp Equity 04878Q863 39 13600 SH SOLE 0 0 0 Bull Horn Holdings Corp Equity G1686P114 1559 150000 SH SOLE 150000 0 0 Boston Private Financial Holdi Equity 101119105 36127 2712271 SH SOLE 2560410 0 151861 Cardtronics PLC Equity G1991C105 44441 1145388 SH SOLE 1143517 0 0 Churchill Capital Corp IV Equity Put 171439952 234 113200 SH Put SOLE 106700 0 6500 Change Healthcare Inc Equity 15912K100 58669 2654720 SH SOLE 2448391 0 200274 ChargePoint Holdings Inc Equity Put 15961R955 195 104900 SH Put SOLE 98900 0 6000 Class Acceleration Corp Equity 18274B205 1969 198900 SH SOLE 198900 0 0 CoreLogic Inc/United States Equity Call 21871D903 325 464000 SH Call SOLE 437900 0 26100 Cantel Medical Corp Equity 138098108 36304 454707 SH SOLE 427775 0 25525 Coherent Inc Equity 192479103 82481 326154 SH SOLE 307297 0 18327 Cooper Tire & Rubber Co Equity 216831107 16727 298805 SH SOLE 279570 0 16765 Cubic Corp Equity 229669106 52525 704374 SH SOLE 663577 0 39259 Roman DBDR Tech Acquisition Co Equity 77584N200 441 43239 SH SOLE 43239 0 0 Devon Energy Corp Equity Call 25179M903 209 100000 SH Call SOLE 100000 0 0 NIC Inc Equity 62914B100 58504 1724260 SH SOLE 1625073 0 95948 Callaway Golf Co Equity 131193104 670 25032 SH SOLE 25032 0 0 Enable Midstream Partners LP Equity 292480100 12643 1951094 SH SOLE 1826520 0 110427 Diamondback Energy Inc Equity Call 25278X909 17 20000 SH Call SOLE 20000 0 0 FLIR Systems Inc Equity 302445101 30131 533568 SH SOLE 501098 0 29935 Fly Leasing Ltd Equity 34407D109 5796 344000 SH SOLE 324604 0 19396 Five Prime Therapeutics Inc Equity 33830X104 5865 155703 SH SOLE 142977 0 8523 Whole Earth Brands Inc Equity 96684W100 1735 133083 SH SOLE 133083 0 0 Forterra Inc Equity 34960W106 23106 993813 SH SOLE 933729 0 55377 Fintech Evolution Acquisition Equity G3R19A112 949 96100 SH SOLE 96100 0 0 Golden Falcon Acquisition Corp Equity 38102H208 795 79098 SH SOLE 79098 0 0 GigCapital4 Inc Equity 37518G200 2221 225000 SH SOLE 225000 0 0 Glu Mobile Inc Equity 379890106 34400 2756442 SH SOLE 2591717 0 155973 GenMark Diagnostics Inc Equity 372309104 40467 1693162 SH SOLE 1593061 0 94273 Canoo Inc Equity 13803R102 1517 168000 SH SOLE 168000 0 0 Grubhub Inc Equity 400110102 53210 886831 SH SOLE 817819 0 66838 G Squared Ascend I Inc Equity G4204R109 1000 100000 SH SOLE 100000 0 0 GW Pharmaceuticals PLC Equity 36197T103 17871 82394 SH SOLE 77799 0 4595 Hudson Executive Investment Co Equity 443761101 992 100002 SH SOLE 100002 0 0 II-VI Inc Equity Call 902104908 241 275700 SH Call SOLE 260200 0 15500 IHS Markit Ltd Equity G47567105 86280 891506 SH SOLE 839835 0 50292 JAZZ INVESTMENTS I LTD Convertible Bond 472145AB7 1533 1500000 PRN SOLE 1500000 0 0 Kansas City Southern Equity 485170302 24247 91873 SH SOLE 86722 0 5151 Kingswood Acquisition Corp Equity 496861204 766 74372 SH SOLE 74372 0 0 Lefteris Acquisition Corp Equity 52470X208 820 80000 SH SOLE 80000 0 0 Live Oak Acquisition Corp II Equity 53804W205 513 49052 SH SOLE 49052 0 0 Magellan Health Inc Equity 559079207 45170 484449 SH SOLE 456330 0 27306 Michaels Cos Inc/The Equity 59408Q106 45887 2091482 SH SOLE 1967543 0 116607 MedTech Acquisition Corp/NY Equity 58507N204 379 37662 SH SOLE 37662 0 0 MTS Systems Corp Equity 553777103 480 8251 SH SOLE 6629 0 400 Maxim Integrated Products Inc Equity 57772K101 81448 891414 SH SOLE 860850 0 28775 NUANCE COMMUNICATIONS Convertible Bond 67020YAK6 1846 1000000 PRN SOLE 1000000 0 0 Oaktree Acquisition Corp II Equity G6715X103 714 70000 SH SOLE 70000 0 0 Omnichannel Acquisition Corp Equity 68218L207 609 60000 SH SOLE 60000 0 0 Pandion Therapeutics Inc Equity 698340106 5701 94934 SH SOLE 89516 0 5418 Par Pacific Holdings Inc Equity Call 69888T907 34 35000 SH Call SOLE 35000 0 0 People's United Financial Inc Equity 712704105 4448 248502 SH SOLE 239690 0 0 PRA Health Sciences Inc Equity 69354M108 11599 75646 SH SOLE 70568 0 4229 CC Neuberger Principal Holding Equity G1992N100 473 48004 SH SOLE 48004 0 0 Perspecta Inc Equity 715347100 46168 1589274 SH SOLE 1494210 0 90116 Paratek Pharmaceuticals Inc Corporate Bond 699374AB0 1371 1500000 PRN SOLE 1500000 0 0 Pluralsight Inc Equity Call 72941B906 14 188100 SH Call SOLE 179600 0 8500 PLURALSIGHT INC Convertible Bond 72941BAB2 2451 2500000 PRN SOLE 2500000 0 0 Pluralsight Inc Equity 72941B106 87545 3918735 SH SOLE 3601202 0 311108 PURE STORAGE INC Convertible Bond 74624MAB8 1659 1500000 PRN SOLE 1500000 0 0 Roth Ch Acquisition II Co Equity 778673202 1212 115000 SH SOLE 115000 0 0 Roth Ch Acquisition III Co Equity 77867Q201 600 60000 SH SOLE 60000 0 0 RealPage Inc Equity 75606N109 84364 967472 SH SOLE 905401 0 60210 Seaport Global Acquisition Cor Equity 812227205 909 88000 SH SOLE 88000 0 0 Scientific Games Corp Equity Call 80874P909 7 20000 SH Call SOLE 20000 0 0 Sustainable Opportunities Acqu Equity G8598Y109 427 43000 SH SOLE 43000 0 0 Defiance NextGen SPAC Derived Equity Put G65305957 501 290200 SH Put SOLE 273400 0 16800 S&P Global Inc Equity 78409V104 218 617 SH SOLE 617 0 0 SPDR S&P 500 ETF Trust Equity Call 78462F903 44 15000 SH Call SOLE 15000 0 0 Extended Stay America Inc Equity 30224P200 56355 2853416 SH SOLE 2685390 0 160610 TCF Financial Corp Equity 872307103 264 5675 SH SOLE 3525 0 0 Triumph Group Inc Equity 896818101 294 16000 SH SOLE 16000 0 0 TEGNA Inc Equity Call 87901J905 89 77600 SH Call SOLE 77600 0 0 TEGNA Inc Equity 87901J105 991 52655 SH SOLE 52655 0 0 Talend SA Equity Call 874224907 34 103800 SH Call SOLE 97900 0 5900 Talend SA Equity 874224207 11357 178455 SH SOLE 166448 0 9806 Spartacus Acquisition Corp Equity 84677L208 664 65382 SH SOLE 65382 0 0 Tribune Publishing Co Equity 89609W107 512 28480 SH SOLE 23500 0 0 Trebia Acquisition Corp Equity G9027T109 777 78033 SH SOLE 78033 0 0 Tailwind International Acquisi Equity G8662F127 791 80000 SH SOLE 80000 0 0 Twitter Inc Convertible Bond 90184LAF9 1993 1500000 PRN SOLE 1500000 0 0 VPC Impact Acquisition Holding Equity G9441E100 198 15250 SH SOLE 15250 0 0 Vy Global Growth Equity G9444H100 1021 98208 SH SOLE 98208 0 0 Waddell & Reed Financial Inc Equity 930059100 418 16685 SH SOLE 16685 0 0 Boingo Wireless Inc Equity 09739C102 30621 2176348 SH SOLE 2053133 0 123215 Willis Towers Watson PLC Equity G96629103 95417 416888 SH SOLE 393521 0 23367 Slack Technologies Inc Equity 83088V102 69946 1721538 SH SOLE 1615211 0 102336 Watford Holdings Ltd Equity G94787101 265 7660 SH SOLE 7660 0 0 Xilinx Inc Equity 983919101 57692 465633 SH SOLE 422515 0 42258 DPCM Capital Inc Equity 23344P200 1025 100000 SH SOLE 100000 0 0