-----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, Jv/8tkcLG8924C59u4jygpnd8DQFD64dFKtpOOTsWZxbRRq+ATBqPa4YrJle7oR2 cFif1R6zO8hxKi2EOhpVGQ== 0000902664-06-001330.txt : 20060501 0000902664-06-001330.hdr.sgml : 20060501 20060501161102 ACCESSION NUMBER: 0000902664-06-001330 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20060501 DATE AS OF CHANGE: 20060501 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: James River Coal CO CENTRAL INDEX KEY: 0001297720 STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE SURFACE MINING [1221] IRS NUMBER: 541602012 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80169 FILM NUMBER: 06795184 BUSINESS ADDRESS: STREET 1: 901 E. BYRD STREET STREET 2: SUITE 1600 CITY: RICHMOND STATE: VA ZIP: 23219 BUSINESS PHONE: 804-780-3000 MAIL ADDRESS: STREET 1: 901 E. BYRD STREET STREET 2: SUITE 1600 CITY: RICHMOND STATE: VA ZIP: 23219 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Pirate Capital LLC CENTRAL INDEX KEY: 0001295984 IRS NUMBER: 030445177 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 200 CONNECTICUT AVENUE STREET 2: 4TH FLOOR CITY: NORWALK STATE: CT ZIP: 06854 BUSINESS PHONE: 203 854 1100 MAIL ADDRESS: STREET 1: 200 CONNECTICUT AVENUE STREET 2: 4TH FLOOR CITY: NORWALK STATE: CT ZIP: 06854 SC 13D/A 1 sc13da.txt PIRATE CAPITAL LLC/JAMES RIVER COAL COMPANY UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------- SCHEDULE 13D/A (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) Under the Securities Exchange Act of 1934 (Amendment No. 8) James River Coal Company ------------------------------------------------------------------------------ (Name of Issuer) Common Stock, par value $0.01 per share ------------------------------------------------------------------------------ (Title of Class of Securities) 470355207 ------------------------------------------------------------------------------ (CUSIP Number) Thomas R. Hudson Jr. Pirate Capital LLC 200 Connecticut Avenue, 4th Floor Norwalk, CT 06854 (203) 854-1100 ------------------------------------------------------------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 27, 2006 ------------------------------------------------------------------------------ (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 that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. [ ] NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 6 Pages) - -------------------------- * 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 disclosures 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). - ------------------------------ --------------------- CUSIP NO. 470355207 SCHEDULE 13D/A PAGE 2 OF 6 PAGES - ------------------------------ --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) PIRATE CAPITAL LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER -0- ---------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 2,435,000 (including options to purchase up to OWNED BY 400,000 shares of Common Stock) EACH ---------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH -0- ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 2,435,000 (including options to purchase up to 400,000 shares of Common Stock) - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 2,435,000 (including options to purchase up to 400,000 shares of Common Stock) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IA - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ --------------------- CUSIP NO. 470355207 SCHEDULE 13D/A PAGE 3 OF 6 PAGES - ------------------------------ --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) THOMAS R. HUDSON JR. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER -0- ---------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 2,435,000 (including options to purchase up to OWNED BY 400,000 shares of Common Stock) EACH ---------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH -0- ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 2,435,000 (including options to purchase up to 400,000 shares of Common Stock) - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 2,435,000 (including options to purchase up to 400,000 shares of Common Stock) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ --------------------- CUSIP NO. 470355207 SCHEDULE 13D/A PAGE 4 OF 6 PAGES - ------------------------------ --------------------- The Schedule 13D filed on November 17, 2005 by Pirate Capital LLC, a Delaware limited liability company ("Pirate Capital"), and Thomas R. Hudson Jr. (together, the "Reporting Persons"), relating to the shares of common stock, $0.01 par value (the "Shares"), of James River Coal Company (the "Issuer"), as previously amended by Amendment No. 1 filed on December 15, 2005, Amendment No. 2 filed on December 29, 2005, Amendment No. 3 filed on January 19, 2006, Amendment No. 4 filed on February 2, 2006, Amendment No. 5 filed on February 10, 2006, Amendment No. 6 filed on March 24, 2006 and Amendment No. 7 filed on April 28, 2006, is hereby amended by this Amendment No. 8 to the Schedule 13D. ITEM 4. PURPOSE OF TRANSACTION Item 4 of the Schedule 13D is hereby amended by the addition of the following: On April 27, 2006, Pirate Capital and the Issuer entered into a letter agreement amending the March 23 Agreement between Pirate Capital and the Issuer, extending to July 17, 2006 the time period during which a notice submitted by Pirate Capital or any of the Holders (a "Notice") would be deemed timely. Accordingly, if Pirate Capital or any of the Holders submits a Notice on or before July 17, 2006, then such Notice will be deemed to have been timely delivered and, if such Notice is timely delivered, then the Issuer would not hold the 2006 Annual Meeting of Shareholders until at least 75 days following receipt of such Notice. A copy of the letter agreement is attached hereto as Exhibit 3 and incorporated herein by reference. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Item 7 of the Schedule 13D is hereby amended by the addition of the following: Exhibit 3 - Letter Agreement, dated April 27, 2006, amending the March 23, 2006 agreement between Pirate Capital and the Issuer - ------------------------------ --------------------- CUSIP NO. 470355207 SCHEDULE 13D/A PAGE 5 OF 6 PAGES - ------------------------------ --------------------- SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: May 1, 2006 PIRATE CAPITAL LLC By: /s/ Thomas R. Hudson Jr. --------------------------- Name: Thomas R. Hudson Jr. Title: Managing Member /s/ Thomas R. Hudson Jr. ------------------------------ Thomas R. Hudson Jr. - ------------------------------ --------------------- CUSIP NO. 470355207 SCHEDULE 13D/A PAGE 6 OF 6 PAGES - ------------------------------ --------------------- EXHIBIT INDEX The Exhibit Index of the Schedule 13D is hereby amended by the addition of the following: Exhibit 3 - Letter Agreement, dated April 27, 2006, amending the March 23, 2006 agreement between Pirate Capital and the Issuer EX-99.1 2 exhibit3.txt EXHIBIT 3 JAMES RIVER COAL COMPANY 901 East Byrd Street, Suite 1600 Richmond, Virginia 23219 April 27, 2006 Pirate Capital LLC 200 Connecticut Avenue, 4th Floor Norwalk, Connecticut 06854 Attention: Thomas R. Hudson Jr. Re: EXTENSION OF NOTICE PERIOD Dear Tom: We refer to the agreement, dated as of March 23, 2006 (the "TOLLING AGREEMENT"), by and between Pirate Capital LLC, a Delaware limited liability company ("PIRATE CAPITAL"), and James River Coal Company, a Virginia corporation (the "COMPANY"), setting forth, among other things, the tolling of the period during which Pirate Capital and/or one or more of the Funds may deliver to the Company the requisite advance notice of business to be conducted and/or candidates for director to be nominated at the Annual Meeting. Capitalized terms used but not defined in this letter agreement shall have the meaning ascribed to such terms in the Tolling Agreement. The purpose of this letter agreement is to reflect our mutual agreement, in light of the Company's continued exploration of strategic alternatives to maximize shareholder value, and for other good and valuable consideration the receipt and sufficiency of which are acknowledged by the Company and Pirate Capital, to extend the time period during which a Notice delivered to the Company by Pirate Capital and/or one or more of the Funds would be deemed timely. Accordingly, the Company and Pirate Capital agree that the Tolling Agreement is hereby amended by removing the date "April 30, 2006" in Section 1 thereof and replacing such date with "July 17, 2006". Except as expressly modified by this letter agreement, the Tolling Agreement remains in full force and effect. This letter agreement may be executed by facsimile and in any number of counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. [Remainder of page intentionally left blank. Signature page follows.] Please signify your agreement with the foregoing by executing this letter agreement and returning a copy to the undersigned. Very truly yours, JAMES RIVER COAL COMPANY By: /s/ Peter T. Socha ----------------------------------- Name: Peter T. Socha Title: Chairman, President and Chief Executive Officer Agreed and accepted as of the date first set forth above: PIRATE CAPITAL LLC By: /s/ Thomas R. Hudson Jr. ------------------------------------ Name: Thomas R. Hudson Jr. Title: Managing Member cc: David A. Stockton, Esq., Kilpatrick Stockton LLP Marc Weingarten, Esq., Schulte Roth & Zabel LLP -----END PRIVACY-ENHANCED MESSAGE-----