-----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, QnBBzO6/E5MsMHxeuNKsAI9kImEFYnMv7QYUmuyHzy9a+1laHOoiU4OHjf/6mTMt pL5Fn0PODtm9KUY23AhQvw== 0000893750-06-000030.txt : 20060123 0000893750-06-000030.hdr.sgml : 20060123 20060123130019 ACCESSION NUMBER: 0000893750-06-000030 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060123 DATE AS OF CHANGE: 20060123 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SEARS HOLDINGS CORP CENTRAL INDEX KEY: 0001310067 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DEPARTMENT STORES [5311] IRS NUMBER: 201920798 STATE OF INCORPORATION: DE FISCAL YEAR END: 0128 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80635 FILM NUMBER: 06542829 BUSINESS ADDRESS: STREET 1: 3333 BEVERLY ROAD CITY: HOFFMAN ESTATES STATE: IL ZIP: 60179 BUSINESS PHONE: 847-286-2500 MAIL ADDRESS: STREET 1: 3333 BEVERLY ROAD CITY: HOFFMAN ESTATES STATE: IL ZIP: 60179 FORMER COMPANY: FORMER CONFORMED NAME: Sears Holdings CORP DATE OF NAME CHANGE: 20041129 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ESL INVESTMENTS INC CENTRAL INDEX KEY: 0001126396 IRS NUMBER: 752435723 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 200 GREENWICH AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2038614600 MAIL ADDRESS: STREET 1: 200 GREENWICH AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 SC 13D/A 1 sch13d_a.txt SCHEDULE 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 11)* Sears Holdings Corporation - ------------------------------------------------------------------------------ (Name of Issuer) Common Stock, par value $0.01 per share - ------------------------------------------------------------------------------ (Title of Class of Securities) 812350-10-6 - ------------------------------------------------------------------------------ (CUSIP Number) John G. Finley Mario A. Ponce Simpson Thacher & Bartlett LLP 425 Lexington Avenue New York, New York 10017 (212) 455-2000 - ------------------------------------------------------------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 18, 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 ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-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 ss.240.13d-7 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 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). Page 1 of 20 Pages Exhibit Index: Page 18 CUSIP No. 812350-10-6 Page 2 of 20 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ESL Investments, Inc., a Delaware corporation IRS IDENTIFICATION NO.: 75-2435723 ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS OO ________________________________________________________________________________ 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 65,349,760 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 65,349,760 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 65,349,760 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (X) ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 40.6% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON CO ________________________________________________________________________________ CUSIP No. 812350-10-6 Page 3 of 20 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Edward S. Lampert ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS OO ________________________________________________________________________________ 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 ________________________________________________________________________________ 7 SOLE VOTING POWER 65,365,759 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 65,365,759 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 65,365,759 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( ) ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 40.6% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON IN ________________________________________________________________________________ CUSIP No. 812350-10-6 Page 4 of 20 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CRK Partners, LLC, a Delaware limited liability company IRS IDENTIFICATION NO.: 75-2435723 ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS N/A ________________________________________________________________________________ 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 747 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 747 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 747 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (X) ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.0% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON OO ________________________________________________________________________________ CUSIP No. 812350-10-6 Page 5 of 20 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON RBS Partners, L.P., a Delaware limited partnership IRS IDENTIFICATION NO.: 75-2241960 ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS OO ________________________________________________________________________________ 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 65,010,774 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 65,010,774 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 65,010,774 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (X) ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 40.4% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON PN ________________________________________________________________________________ CUSIP No. 812350-10-6 Page 6 of 20 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ESL Partners, L.P., a Delaware limited partnership IRS IDENTIFICATION NO.: 22-2875193 ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS OO ________________________________________________________________________________ 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 48,063,611 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 48,063,611 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 48,063,611 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (X) ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.9% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON PN ________________________________________________________________________________ CUSIP No. 812350-10-6 Page 7 of 20 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON RBS Investment Management, L.L.C., a Delaware limited liability company IRS IDENTIFICATION NO.: 06-1512334 ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS N/A ________________________________________________________________________________ 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 338,239 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 338,239 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 338,239 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (X) ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.2% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON OO ________________________________________________________________________________ CUSIP No. 812350-10-6 Page 8 of 20 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ESL Institutional Partners, L.P., a Delaware limited partnership IRS IDENTIFICATION NO.: 06-1456821 ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS N/A ________________________________________________________________________________ 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 338,239 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 338,239 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 338,239 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (X) ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.2% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON PN ________________________________________________________________________________ xx CUSIP No. 812350-10-6 Page 9 of 20 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ESL Investors, L.L.C., a Delaware limited liability company IRS IDENTIFICATION NO.: 13-4095958 ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS OO ________________________________________________________________________________ 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 16,947,163 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 16,947,163 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 16,947,163 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (X) ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.5% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON OO ________________________________________________________________________________ CUSIP No. 812350-10-6 Page 10 of 20 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ESL Investment Management, L.L.C., a Delaware limited liability company IRS IDENTIFICATION NO.: 75-2435723 ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS N/A ________________________________________________________________________________ 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 15,999 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 15,999 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,999 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (X) ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.0% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON OO ________________________________________________________________________________ Page 11 of 20 This Amendment No. 11 hereby amends the Schedule 13D originally filed jointly on May 15, 2003, and amended by Amendment No. 1 to Schedule 13D filed on July 2, 2003, Amendment No. 2 to Schedule 13D filed on August 26, 2003, Amendment No. 3 to Schedule 13D filed on October 27, 2003, Amendment No. 4 to Schedule 13D filed on November 4, 2003, Amendment No. 5 to Schedule 13D filed on January 2, 2004, Amendment No. 6 to Schedule 13D filed on January 5, 2004, Amendment No. 7 to Schedule 13D filed on July 6, 2004, Amendment No. 8 to Schedule 13D filed on November 19, 2004, Amendment No. 9 to Schedule 13D filed on February 1, 2005 and Amendment No. 10 to Schedule 13D filed on April 1, 2005 by ESL Investments, Inc., Edward S. Lampert, CRK Partners, LLC, CRK Partners II, L.P., RBS Partners, L.P., ESL Partners, L.P., ESL Investors L.L.C., RBS Investment Management L.L.C. and ESL Institutional Partners, L.P. This Amendment No. 11 is being re-filed to correct Edgarization errors that appeared in Item 3 of the previously filed Amendment No. 11. The correct date was April 29, 2005, not April 29, 2006. The number of shares of Holdings Common Stock distributed by Kmart Holding Corporation on April 29, 2005 was 264,472, not 533,849. Item 1. Security and Issuer Item 1 is hereby amended and restated in its entirety to read as follows: This Statement on Schedule 13D (this "Schedule 13D") relates to the common stock, par value $0.01 per share (the "Holdings Common Stock"), of Sears Holdings Corporation ("Holdings"), successor to Kmart Holding Corporation. The principal executive offices of Holdings are located at 3333 Beverly Road, Hoffman Estates, Illinois 60179. Item 2. Identity and Background Item 2 is hereby amended and restated in its entirety to read as follows: (a) This Schedule 13D is being filed by a group consisting of ESL Investments, Inc., a Delaware corporation ("ESL"), Edward S. Lampert, RBS Investment Management, L.L.C., a Delaware limited liability company ("RBSIM"), ESL Institutional Partners L.P., a Delaware limited partnership ("Institutional"), CRK Partners, LLC, a Delaware limited liability company ("CRK LLC"), RBS Partners, L.P., a Delaware limited partnership ("RBS"), ESL Partners, L.P., a Delaware limited partnership ("Partners"), ESL Investment Management, L.L.C., a Delaware limited liability company ("Investment Management"), ESL Investors L.L.C., a Delaware limited liability company ("Investors," and collectively with ESL, Mr. Lampert, RBSIM, Institutional, CRK LLC, RBS, Partners and Investment Management, the "Reporting Persons"). Attached as Schedule I hereto and incorporated herein by reference is a list containing the (a) name, (b) citizenship, (c) present principal occupation or employment and (d) the name, principal business address of any corporation or other organization in which such employment is conducted, of each director and executive officer of ESL (the "ESL Directors and Officers"). Other than the ESL Directors and Officers, there are no persons or corporations controlling or ultimately in control of ESL. (b) The principal place of business of each of the Reporting Persons is 200 Greenwich Avenue, Greenwich, CT 06830. (c) The principal business of each of the Reporting Persons is purchasing, holding and selling securities for investment purposes. RBS is the managing member of Investors and the general partner of Partners. ESL is the general partner of RBS, the sole member of CRK LLC and the manager of RBSIM. RBSIM is the general partner of Institutional. Mr. Lampert is the chairman, chief executive officer and director of ESL and the managing member of Investment Management. Mr. Lampert is also Chairman of the Board and a director of Holdings. Each of the Reporting Persons may also serve as general partner or managing member of certain other entities engaged in the purchasing, holding and selling of securities for investment purposes. Page 12 of 20 (d)-(e) None of the Reporting Persons has during the last five years been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. To the knowledge of the Reporting Persons, during the last five years, none of the ESL Directors and Officers has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration Item 3 is hereby supplemented as follows: Pursuant to Kmart Corporation's Plan of Reorganization, Partners and Investors (or one of their affiliates) have in the past received shares of Common Stock of Kmart Holding Corporation (the predecessor to Sears Holdings Corporation) and Holdings Common Stock. Certain of the Reporting Persons may in the future receive shares of Holdings Common Stock on account of these same trade vendor/lease rejection claims as all trade vendor/lease rejection claims held by all persons continue to be reconciled. On April 29, 2005, 264,472 shares of Holdings Common Stock were distributed by Kmart Holding Corporation on account of previously reported trade vendor/lease rejection claims (and participations in such claims) held by Partners and Investors. Of these shares, 201,413 were distributed to Partners and 63,059 were distributed to Investors. On January 18, 2006, 533,849 shares of Holdings Common Stock were distributed by Kmart Holding Corporation on account of previously reported trade vendor/lease rejection claims (and participations in such claims) held by Partners and Investors. Of these shares, 406,573 were distributed to Partners and 127,276 were distributed to Investors. Item 4. Purpose of Transaction Item 4 is hereby supplemented as follows: On September 8, 2005, William C. Crowley, the President and Chief Operating Officer of ESL, assumed the title of Chief Administrative Officer of Holdings in addition to his titles as Executive Vice President, Chief Financial Officer and a director of Holdings. Page 13 of 20 Item 5. Interest in Securities of the Issuer Item 5 is hereby amended and restated in its entirety to read as follows: (a)-(b) The following table sets forth the aggregate number of shares of Holdings Common Stock and the percentage of outstanding shares of Holdings Common Stock beneficially owned by the Reporting Persons as of January 20, 2006, based on 160,977,961 outstanding shares of Holdings Common Stock (the number of shares outstanding as of November 26, 2005 as stated in the most recent quarterly report on Form 10-Q filed by Holdings), indicating the number of shares of Holdings Common Stock for which each Reporting Person has sole or shared power to direct the vote or the disposition of such shares. The Reporting Persons as a group beneficially own an aggregate of 65,365,759 shares of Holdings Common Stock.
NUMBER OF PERCENTAGED SHARES OF SOLE SHARED SOLE SHARED REPORTING BENEFICIALLY OUTSTANDING VOTING VOTING DISPOSITIVE DISPOSITIVE PERSON OWNED SHARES POWER POWER POWER POWER Edward S. 65,365,759 40.6% 65,365,759 0 65,365,759 0 Lampert (1) ESL Investments, 65,349,760 40.6% 65,349,760 0 65,349,760 0 Inc. (2) CRK Partners, 747 0% 747 0 747 0 L.L.C. RBS Partners, 65,010,774 40.4% 65,010,744 0 65,010,744 0 L.P. (3) ESL Partners, 48,063,611 29.9% 48,063,611 0 48,063,611 0 L.P. ESL Investors 16,947,163 10.5% 16,947,163 0 16,947,163 0 L.L.C. RBS Investment Management, 338,239 0.2% 338,239 0 338,239 0 L.L.C. (4) ESL Institutional 338,239 0.2% 338,239 0 338,239 0 Partners L.P. ESL Investment Management, 15,999 0% 15,999 0 15,999 0 L.L.C.
(1) Includes 65,349,760 shares of Holdings Common Stock that may be deemed beneficially owned by ESL and 15,999 shares of Holdings Common Stock beneficially owned by Investment Management that in turn may be deemed beneficially owned by Mr. Lampert. Mr. Lampert is the chief executive officer and director of ESL and the managing member of Investment Management. (2) Includes 747 shares of Holdings Common Stock beneficially owned by CRK LLC, 65,010,774 shares of Holdings Common Stock that may be deemed beneficially owned by RBS, and 338,239 shares of Holdings Common Stock that may be deemed beneficially owned by RBSIM that, in each case, may in turn be deemed beneficially owned by ESL. ESL is the sole member of CRK LLC, the manager of RBSIM and the general partner of RBS. (3) Includes 16,947,163 shares of Holdings Common Stock beneficially owned by Investors and 48,063,611 shares of Holdings Common Stock beneficially owned by Partners that, in each case, may be deemed beneficially owned by RBS. RBS is the managing member of Investors and the general partner of Partners. (4) Includes 338,239 shares of Holdings Common Stock beneficially owned by Institutional that may be deemed beneficially owned by RBSIM. RBSIM is the general partner of Institutional. Page 14 of 20 (c) Except as set forth in Item 3 hereof, there have been no transactions in Holdings Common Stock by any of the Reporting Persons during the past 60 days. The disclosure pursuant to Item 3 of this Schedule 13D is incorporated herein by reference. (d) Not applicable. (e) CRK Partners II, L.P. does not hold any shares of Holdings Common Stock and has ceased to be a Reporting Person. Item 7. Material to Be Filed as Exhibits Exhibit M Joint Filing Agreement Page 15 of 20 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: January 20, 2006 ESL INVESTMENTS, INC. By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer EDWARD S. LAMPERT /s/ Edward S. Lampert __________________________ Edward S. Lampert ESL PARTNERS, L.P. By: RBS Partners, L.P., as its general partner By: ESL Investments, Inc., as its general partner By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer RBS PARTNERS, L.P. By: ESL Investments, Inc., as its general partner By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer RBS INVESTMENT MANAGEMENT, L.L.C. By: ESL Investments, Inc., as its manager By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer Page 16 of 20 ESL INVESTORS, L.L.C. By: RBS Partners, L.P., as its managing member By: ESL Investments, Inc., as its general partner By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer ESL INSTITUTIONAL PARTNERS, L.P. By: RBS Investment Management, L.L.C., as its general partner By: ESL Investments, Inc., as its manager By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer CRK PARTNERS, L.L.C. By: ESL Investments, Inc., its sole member By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer ESL INVESTMENT MANAGEMENT, L.L.C. By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer Page 17 of 20 SCHEDULE I The names, business addresses, present principal occupations, and citizenship of the directors and executive officers of ESL Investments, Inc. are set forth below. If no address is given, the director's or executive officer's principal business address is 200 Greenwich Avenue, Greenwich, CT 06830. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to ESL Investments, Inc. Name and Business Address Principal Occupation Citizenship Robert Jackowitz Chief Financial Officer United States Theodore W. Ullyot Executive Vice President and United States General Counsel William C. Crowley President and Chief United States Operating Officer Edward S. Lampert Director, Chairman and Chief United States Executive Officer Page 18 of 20 EXHIBIT INDEX Exhibit M Joint Filing Agreement Page 19 of 20 EXHIBIT M JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including any and all amendments thereto) with respect to the common stock of Sears Holdings Corporation and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filing. The undersigned further agrees that each party hereto is responsible for timely filing of such statement on Schedule 13D and any amendments thereto, and for the completeness and accuracy of the informatoin concerning such party contained therein, provided that no party is responsible for the completeness and accuracy of the information concerning the other party, unless such party knows or has reason to believe that such information is inaccurate. This Joint Filing Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original instrument, but all of such counterparts together shall constitute but one agreement. In evidence thereof, the undersigned, being duly authorized, hereby execute this Agreement as of this 20th day of January, 2006. ESL INVESTMENTS, INC. By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer EDWARD S. LAMPERT /s/ Edward S. Lampert ___________________________ Edward S. Lampert ESL PARTNERS, L.P. By: RBS Partners, L.P., as its general partner By: ESL Investments, Inc., as its general partner By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer RBS PARTNERS, L.P. By: ESL Investments, Inc., as its general partner By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer RBS INVESTMENT MANAGEMENT, L.L.C. By: ESL Investments, Inc., as its manager By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer ESL INVESTORS, L.L.C. By: RBS Partners, L.P., as its managing member By: ESL Investments, Inc., as its general partner By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer ESL INSTITUTIONAL PARTNERS, L.P. By: RBS Investment Management, L.L.C., as its general partner By: ESL Investments, Inc., as its manager By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer CRK PARTNERS, LLC By: ESL Investments, Inc., its sole member By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer ESL INVESTMENT MANAGEMENT, L.L.C. By: /s/ Robert Jackowitz _______________________ Name: Robert Jackowitz Title: Treasurer -----END PRIVACY-ENHANCED MESSAGE-----