0001193125-12-160577.txt : 20120412 0001193125-12-160577.hdr.sgml : 20120412 20120412151902 ACCESSION NUMBER: 0001193125-12-160577 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120412 DATE AS OF CHANGE: 20120412 GROUP MEMBERS: LUMINUS ENERGY PARTNERS MASTER FUND, LTD. GROUP MEMBERS: LUMINUS INVESTMENT PARTNERS MASTER FUND, L.P. GROUP MEMBERS: VEGA ASSET PARTNERS, L.P. GROUP MEMBERS: VEGA ENERGY GP, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MEMC ELECTRONIC MATERIALS INC CENTRAL INDEX KEY: 0000945436 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 561505767 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-52339 FILM NUMBER: 12756399 BUSINESS ADDRESS: STREET 1: 501 PEARL DRIVE (CITY OF O'FALLON) CITY: ST. PETERS STATE: MO ZIP: 63376 BUSINESS PHONE: 6364745000 MAIL ADDRESS: STREET 1: 501 PEARL DRIVE (CITY OF O'FALLON) CITY: ST. PETERS STATE: MO ZIP: 63376 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LUMINUS MANAGEMENT LLC CENTRAL INDEX KEY: 0001279151 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1700 BROADWAY STREET 2: 38TH FL CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2126153450 MAIL ADDRESS: STREET 1: 1700 BROADWAY STREET 2: 38TH FL CITY: NEW YORK STATE: NY ZIP: 10019 SC 13G 1 d332492dsc13g.htm SCHEDULE 13G Schedule 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

MEMC ELECTRONIC MATERIALS, INC.

(Name of Issuer)

 

 

$.01 Par Value Common Stock

(Title of Class of Securities)

552715104

(CUSIP Number)

April 9, 2012

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

 

* 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 the disclosures provided in a prior cover page.

The information required in 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).

 

 

 


CUSIP No. 552715104  

 

  1.   

Names of Reporting Persons

I.R.S. Identification No. of Above Persons (Entities Only)

 

LUMINUS MANAGEMENT, LLC

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  x        (b)  ¨

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

DELAWARE

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With

     5.    

Sole Voting Power

 

0

     6.   

Shared Voting Power

 

11,657,098

     7.   

Sole Dispositive Power

 

0

     8.   

Shared Dispositive Power

 

11,657,098

  9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

11,657,098

10.

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨

 

11.

 

Percent of Class Represented by Amount in Row (9)

 

5.1%

12.

 

Type of Reporting Person (See Instructions)

 

IA

 

 

2


CUSIP No. 552715104  

 

  1.   

Names of Reporting Persons

I.R.S. Identification No. Of Above Persons (Entities Only)

 

LUMINUS ENERGY PARTNERS MASTER FUND, LTD.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  x        (b)  ¨

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

BERMUDA

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With

     5.    

Sole Voting Power

 

0

     6.   

Shared Voting Power

 

11,657,098

     7.   

Sole Dispositive Power

 

0

     8.   

Shared Dispositive Power

 

11,657,098

  9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

11,657,098

10.

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨

 

11.

 

Percent of Class Represented by Amount in Row (9)

 

5.1%

12.

 

Type of Reporting Person (See Instructions)

 

OO

 

 

3


CUSIP No. 552715104  

 

  1.   

Names of Reporting Persons

I.R.S. Identification No. Of Above Persons (Entities Only)

 

LUMINUS INVESTMENT PARTNERS MASTER FUND, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  x        (b)  ¨

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

CAYMAN ISLANDS

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With

     5.    

Sole Voting Power

 

0

     6.   

Shared Voting Power

 

11,657,098

     7.   

Sole Dispositive Power

 

0

     8.   

Shared Dispositive Power

 

11,657,098

  9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

11,657,098

10.

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨

 

11.

 

Percent of Class Represented by Amount in Row (9)

 

5.1%

12.

 

Type of Reporting Person (See Instructions)

 

PN

 

 

4


CUSIP No. 552715104  

 

  1.   

Names of Reporting Persons

I.R.S. Identification No. Of Above Persons (Entities Only)

 

VEGA ENERGY GP, LLC

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  x        (b)  ¨

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

DELAWARE

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With

     5.    

Sole Voting Power

 

0

     6.   

Shared Voting Power

 

11,657,098

     7.   

Sole Dispositive Power

 

0

     8.   

Shared Dispositive Power

 

11,657,098

  9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

11,657,098

10.

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨

 

11.

 

Percent of Class Represented by Amount in Row (9)

 

5.1%

12.

 

Type of Reporting Person (See Instructions)

 

00

 

 

5


CUSIP No. 552715104  

 

  1.   

Names of Reporting Persons

I.R.S. Identification No. Of Above Persons (Entities Only)

 

VEGA ASSET PARTNERS, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  x        (b)  ¨

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

DELAWARE

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With

     5.    

Sole Voting Power

 

0

     6.   

Shared Voting Power

 

11,657,098

     7.   

Sole Dispositive Power

 

0

     8.   

Shared Dispositive Power

 

11,657,098

  9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

11,657,098

10.

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨

 

11.

 

Percent of Class Represented by Amount in Row (9)

 

5.1%

12.

 

Type of Reporting Person (See Instructions)

 

PN

 

 

6


Item 1.         
   (a)   

Name of Issuer

 

MEMC Electronic Materials, Inc.

   (b)   

Address of Issuer’s Principal Executive Offices

 

501 Pearl Drive (City of O’Fallon), St. Peters, MO 63376

 

Item 2.

        
   (a)   

Name of Person(s) Filing

 

(A) LUMINUS MANAGEMENT, LLC

Luminus Management, LLC is the investment adviser of Luminus Energy Partners Master Fund, Ltd. and Luminus Investment Partners Master Fund, Ltd.

 

(B) LUMINUS ENERGY PARTNERS MASTER FUND, LTD.

 

(C) LUMINUS INVESTMENT PARTNERS MASTER FUND, L.P.

 

(D) VEGA ENERGY GP, LLC

Vega Energy GP, LLC is the general partner of Vega Asset Partners L.P.

 

(E) VEGA ASSET PARTNERS L.P.

   (b)   

Address of Principal Business Office or, if none, Residence

 

(A) 1700 Broadway, 38th Floor, New York, NY 10019

 

(B) 1700 Broadway, 38th Floor, New York, NY 10019

 

(C) 1700 Broadway, 38th Floor, New York, NY 10019

 

(D) 1700 Broadway, 35th Floor, New York, NY 10019

 

(E) 1700 Broadway, 35th Floor, New York, NY 10019

   (c)   

Citizenship

 

(A) DELAWARE

 

(B) BERMUDA

 

(C) CAYMAN ISLANDS

 

(D) DELAWARE

 

(E) DELAWARE

   (d)    Title of Class of Securities $.01 Par Value Common Stock
   (e)    CUSIP Number 552715104

 

Item 3.

  

 

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

Not applicable

   (a)    ¨        Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
   (b)    ¨        Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
   (c)    ¨        Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
   (d)    ¨        Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
   (e)    ¨        An investment adviser in accordance with §240.13d-1(b)(2)(ii)(E);
   (f)    ¨        An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(2)(ii)(F);
   (g)    ¨        A parent holding company or control person in accordance with §240.13d-1(b)(2)(ii)(G);
   (h)    ¨        A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
   (i)    ¨   

    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the

    Investment Company Act of 1940 (15 U.S.C. 80a-3);

   (j)    ¨        Group, in accordance with §240.13d-1(b)(2)(ii)(J).

 

7


Item 4. Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.**

(a), (b), and (c)

 

Reporting

Persons

   Number of Shares
With Sole Voting
and Dispositive
Power
   Number of Shares
With Shared
Voting

and Dispositive
Power
     Aggregate
Number of
Shares
Beneficially
Owned
     Percentage
of Class
Beneficially
Owned

LUMINUS MANAGEMENT, LLC

   0      11,657,098         11,657,098       5.1%

LUMINUS ENERGY PARTNERS MASTER FUND, LTD.

   0      11,657,098         11,657,098       5.1%

LUMINUS INVESTMENT PARTNERS MASTER FUND, L.P.

   0      11,657,098         11,657,098       5.1%

VEGA ENERGY GP, LLC

   0      11,657,098         11,657,098       5.1%

VEGA ASSET PARTNERS L.P.

   0      11,657,098         11,657,098       5.1%

** Above figures reflect most recent beneficial ownership data from April 11, 2012. As of April 9, 2012, the filing entities beneficially owned 11,778,097 shares. Percentage of Class Beneficially Owned is based on 230,795,315 shares outstanding as of February 24, 2012 reported in the Form 10-K/A filed by the Issuer with the Securities and Exchange Commission on March 14, 2012.

 

Item 5. Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  ¨.

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person

Not applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

Not applicable.

 

Item 8. Identification and Classification of Members of the Group

Not applicable.

 

Item 9. Notice of Dissolution of Group

Not applicable.

 

8


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.

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: April 12, 2012

 

Luminus Management, LLC
By:  

    /s/ Jonathan Barrett

    Name: Jonathan Barrett
    Title: President
Luminus Energy Partners Master Fund, Ltd.
By:   Luminus Management, LLC
Its:   Investment Manager
By:  

    /s/ Jonathan Barrett

    Name: Jonathan Barrett
    Title: President
Luminus Investment Partners Master Fund, L.P.
By:   Luminus Management, LLC
Its:   Investment Manager
By:  

    /s/ Jonathan Barrett

    Name: Jonathan Barrett
    Title: President
Vega Energy GP, LLC
By:  

    /s/ Paul Segal

    Name: Paul Segal
    Title: President
Vega Asset Partners, L.P.
By:   Vega Energy GP, LLC
Its:   General Partner
By:  

    /s/ Paul Segal

    Name: Paul Segal
    Title: President

ATTENTION

 

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).

 

9


Exhibit A    Schedule 13G Joint Filing Agreement

The undersigned and each other person executing this joint filing agreement (this “Agreement”) agree as follows:

(i) The undersigned and each other person executing this Agreement are individually eligible to use the Schedule 13G to which this Exhibit is attached and such Schedule 13G is filed on behalf of the undersigned and each other person executing this Agreement; and

(ii) The undersigned and each other person executing this Agreement are responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of the undersigned or any other person executing this Agreement is responsible for the completeness or accuracy of the information statement concerning any other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which, taken together, shall constitute one and the same instrument.

Dated: April 12, 2012

 

Luminus Management, LLC
By:  

    /s/ Jonathan Barrett

    Name: Jonathan Barrett
    Title: President
Luminus Energy Partners Master Fund, Ltd.
By:   Luminus Management, LLC
Its:   Investment Manager
By:  

    /s/ Jonathan Barrett

    Name: Jonathan Barrett
    Title: President
Luminus Investment Partners Master Fund, L.P.
By:   Luminus Management, LLC
Its:   Investment Manager
By:  

    /s/ Jonathan Barrett

    Name: Jonathan Barrett
    Title: President
Vega Energy GP, LLC
By:  

    /s/ Paul Segal

    Name: Paul Segal
    Title: President
Vega Asset Partners, L.P.
By:   Vega Energy GP, LLC
Its:   General Partner
By:  

    /s/ Paul Segal

    Name: Paul Segal
    Title: President

 

10


Exhibit B    Power of Attorney

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned Jonathan Barrett and Paul Segal, hereby each constitute and appoint Jonathan Barrett and Paul Segal, and each of them, as applicable, as true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution in name, place and stead, to sign any reports on Form 3 (Initial Statement of Beneficial Ownership of Securities), Form 4 (Statement of Changes in Beneficial Ownership of Securities) and Form 5 (Annual Statement of Beneficial Ownership of Securities) relating to transactions by the undersigned in Common Shares or other securities and all amendments thereto, and all filings on Schedule 13D or Schedule 13G, and all amendments thereto, and to file the same, with the Securities and Exchange Commission and the appropriate securities exchange, granting unto said attorneys-in-fact and agents, and each of them, or their substitutes, full power and authority to do and perform each and every act and thing requisite or necessary to be done in and about the premises, as fully to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or their substitutes, may lawfully do or cause to be done by virtue hereof. This Power of Attorney shall be effective until such time as the undersigned delivers a written revocation thereof to the above-named attorneys-in-fact and agents.

The undersigned each acknowledge that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.

 

Dated: April 12, 2012      
   

/s/ Jonathan Barrett

 
    Jonathan Barrett  
Dated: April 12, 2012      
   

/s/ Paul Segal

 
    Paul Segal  

 

11