0000945621-15-000156.txt : 20150422 0000945621-15-000156.hdr.sgml : 20150422 20150422120439 ACCESSION NUMBER: 0000945621-15-000156 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150422 DATE AS OF CHANGE: 20150422 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Vitamin Shoppe, Inc. CENTRAL INDEX KEY: 0001360530 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FOOD STORES [5400] IRS NUMBER: 113664322 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-85153 FILM NUMBER: 15784959 BUSINESS ADDRESS: STREET 1: THE VITAMIN SHOPPE STREET 2: 2101 91ST STREET CITY: NORTH BERGEN STATE: NJ ZIP: 07047 BUSINESS PHONE: 800-223-1216 MAIL ADDRESS: STREET 1: THE VITAMIN SHOPPE STREET 2: 2101 91ST STREET CITY: NORTH BERGEN STATE: NJ ZIP: 07047 FORMER COMPANY: FORMER CONFORMED NAME: VS HOLDINGS, INC. DATE OF NAME CHANGE: 20060425 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CARLSON CAPITAL L P CENTRAL INDEX KEY: 0001056973 IRS NUMBER: 752494317 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 2100 MCKINNEY AVE STREET 2: STE 1800 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2149329600 MAIL ADDRESS: STREET 1: 2100 MCKINNEY AVE STREET 2: STE 1800 CITY: DALLAS STATE: TX ZIP: 75201 SC 13D 1 ccvitaminshoppe13d042115.htm SCHEDULE 13D ccvitaminshoppe13d042115.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13D


Under the Securities Exchange Act of 1934
 
(Amendment No. )*



Vitamin Shoppe, Inc.
(Name of Issuer)
 
 Common Shares of Beneficial Interest, par value $0.01 per share
(Title of Class of Securities)
 
92849E101
(CUSIP Number)
 
Shahla Ali
Carlson Capital, L.P.
2100 McKinney Avenue
Dallas, TX 75201
(214) 932-9600
 
with a copy to:
George J. Mazin
Dechert LLP
1095 Avenue of the Americas
New York, NY  10036 
 (Name, Address and Telephone Number of Person
 Authorizsed to Receive Notices and Communications)
 
  April 22, 2015
 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), rule 13d-1(f) or Rule 13d-1(g), check the following box.  [   ]
 
(Page 1 of 23 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 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 (the “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.  92849E101
SCHEDULE 13D
Page 2 of  23 Pages
 
 
 
1
 NAMES OF REPORTING PERSON          
    Double Black Diamond Offshore Ltd.
  
2
 
 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a)  [   ]
 (b)  [X]
3 SEC USE ONLY
 
4
SOURCE OF FUNDS
             WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
 
       [    ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
           Cayman Islands
  
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
          0
8
SHARED VOTING POWER
          1,064,567 Common Shares
9
SOLE DISPOSITIVE POWER
          0
10
SHARED DISPOSITIVE POWER
   1,064,567 Common Shares
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
       1,064,567 Common Shares
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
      [  ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
       3.58%
   
14
TYPE OF REPORTING PERSON
      CO
 
 
 
 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 3 of  23 Pages
 
 
 
1
 NAMES OF REPORTING PERSON          
    Black Diamond Relative Value Offshore Ltd.
  
2
 
 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a)  [   ]
 (b)  [X]
3 SEC USE ONLY
 
4
SOURCE OF FUNDS
             WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
 
       [    ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
           Cayman Islands
  
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
          0
8
SHARED VOTING POWER
          335,953 Common Shares
9
SOLE DISPOSITIVE POWER
          0
10
SHARED DISPOSITIVE POWER
   335,953 Common Shares
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
       335,953 Common Shares
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
      [  ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
       1.13%
   
14
TYPE OF REPORTING PERSON
      CO
 
 
 
 
 
 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 4 of  23 Pages
 
 
 
1
 NAMES OF REPORTING PERSON          
    Black Diamond Relative Value Cayman, L.P.
  
2
 
 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a)  [   ]
 (b)  [X]
3 SEC USE ONLY
 
4
SOURCE OF FUNDS
             WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
 
       [    ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
           Cayman Islands
  
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
          0
8
SHARED VOTING POWER
          60,947 Common Shares
9
SOLE DISPOSITIVE POWER
          0
10
SHARED DISPOSITIVE POWER
   60,947 Common Shares
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
       60,947 Common Shares
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
      [  ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
       0.20%
   
14
TYPE OF REPORTING PERSON
      CO
 
 
 
 
 
 
 
 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 5 of  23 Pages
 
 
 
1
 NAMES OF REPORTING PERSON          
    Black Diamond Offshore Ltd.
  
2
 
 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a)  [   ]
 (b)  [X]
3 SEC USE ONLY
 
4
SOURCE OF FUNDS
             WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
 
       [    ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
           Cayman Islands
  
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
          0
8
SHARED VOTING POWER
          40,288 Common Shares
9
SOLE DISPOSITIVE POWER
          0
10
SHARED DISPOSITIVE POWER
   40,288 Common Shares
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
       40,288 Common Shares
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
      [  ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
       0.14%
   
14
TYPE OF REPORTING PERSON
      CO
 
 
 
 
 
 
 
 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 6 of  23 Pages
 
 
 
1
 NAMES OF REPORTING PERSON          
    Black Diamond SRI Offshore Ltd.
  
2
 
 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a)  [   ]
 (b)  [X]
3 SEC USE ONLY
 
4
SOURCE OF FUNDS
             WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
 
       [    ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
           Cayman Islands
  
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
          0
8
SHARED VOTING POWER
          13,100 Common Shares
9
SOLE DISPOSITIVE POWER
          0
10
SHARED DISPOSITIVE POWER
   13,100 Common Shares
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
       13,100 Common Shares
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
      [  ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
       0.04%
   
14
TYPE OF REPORTING PERSON
      CO
 
 

 
 
 
 

 
CUSIP No.  92849E101
SCHEDULE 13D
Page 7 of  23 Pages
 
 
 
1
 NAMES OF REPORTING PERSON          
    Black Diamond Arbitrage Offshore Ltd.
  
2
 
 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a)  [   ]
 (b)  [X]
3 SEC USE ONLY
 
4
SOURCE OF FUNDS
             WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
 
       [    ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
           Cayman Islands
  
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
          0
8
SHARED VOTING POWER
          8,781 Common Shares
9
SOLE DISPOSITIVE POWER
          0
10
SHARED DISPOSITIVE POWER
   8,781 Common Shares
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
       8,781 Common Shares
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
      [  ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
       0.03%
   
14
TYPE OF REPORTING PERSON
      CO
 
 


 
 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 8 of  23 Pages
 
 
 
1
 NAMES OF REPORTING PERSON          
    Carlson Capital, L.P.
  
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 PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
 
       [    ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
           Delaware
  
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
          0
8
SHARED VOTING POWER
          1,589,528 Common Shares
9
SOLE DISPOSITIVE POWER
          0
10
SHARED DISPOSITIVE POWER
   1,589,528 Common Shares
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
       1,589,528 Common Shares
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
      [  ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
       5.34%
   
14
TYPE OF REPORTING PERSON
      PN; IA
 
 
 
 
 
 
 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 9 of  23 Pages
 
 
 
1
 NAMES OF REPORTING PERSON          
    Asgard Investment Corp. II
  
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 PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
 
       [    ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
           Delaware
  
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
          0
8
SHARED VOTING POWER
          1,589,528 Common Shares
9
SOLE DISPOSITIVE POWER
          0
10
SHARED DISPOSITIVE POWER
   1,589,528 Common Shares
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
       1,589,528 Common Shares
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
      [  ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
       5.34%
   
14
TYPE OF REPORTING PERSON
      CO
 
 
 
 
 
 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 10 of 23 Pages
 
 
 
1
 NAMES OF REPORTING PERSON          
    Asgard Investment Corp.
  
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 PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
 
       [    ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
           Delaware
  
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
          0
8
SHARED VOTING POWER
          1,589,528 Common Shares
9
SOLE DISPOSITIVE POWER
          0
10
SHARED DISPOSITIVE POWER
   1,589,528 Common Shares
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
       1,589,528 Common Shares
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
      [  ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
       5.34%
   
14
TYPE OF REPORTING PERSON
      CO
 
 
 
 
 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 11 of  23 Pages
 
 
 
1
 NAMES OF REPORTING PERSON          
    Clint D. Carlson
  
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 PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
 
       [    ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
           United States
  
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
          0
8
SHARED VOTING POWER
          1,589,528 Common Shares
9
SOLE DISPOSITIVE POWER
          0
10
SHARED DISPOSITIVE POWER
   1,589,528 Common Shares
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
       1,589,528 Common Shares
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
      [  ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
       5.34%
   
14
TYPE OF REPORTING PERSON
      IN
 
 

 
 
 

 
CUSIP No.  92849E101
SCHEDULE 13D
Page 12 of  23 Pages
 
 
 
 
 Item 1. SECURITY AND ISSUER
   
   This statement on Schedule 13D (this “Schedule 13D”) relates to the common shares of beneficial interest, par value $0.01 per share (“Common Shares”), of Vitamin Shoppe, Inc., a Delaware corporation (the “Issuer”). The address of the Issuer’s principal executive office is 2101 91st Street, North Bergen, New Jersey 07047.
   
Item 2. IDENTITY AND BACKGROUND
   
 
(a) This Schedule 13D is filed by: (i) Double Black Diamond Offshore Ltd., a Cayman Islands exempted company (“DOF”); (ii) Black Diamond Relative Value Offshore Ltd., a Cayman Islands exempted company (“ROF”); (iii) Black Diamond Relative Value Cayman, L.P., a Cayman Islands exempted limited partnership (“RVC”); (iv) Black Diamond Offshore Ltd., a Cayman Islands exempted company (“OFF”); (v) Black Diamond SRI Offshore Ltd., a Cayman Islands exempted company (“SRI”); (vi) Black Diamond Arbitrage Offshore Ltd., a Cayman Islands exempted company (“AOF” and together with DOF, ROF, RVC, OFF and SRI, the “Funds”); (vii) Carlson Capital, L.P., a Delaware limited partnership (“Carlson Capital”); (viii) Asgard Investment Corp. II, a Delaware corporation and the general partner of Carlson Capital (“Asgard II”); (ix) Asgard Investment Corp., a Delaware corporation and the sole stockholder of Asgard II (“Asgard I”); and (x) Clint D. Carlson, a citizen of the United States of America (“Mr. Carlson” and together with the Funds, Carlson Capital, Asgard II and Asgard I, the “Reporting Persons”). The name, citizenship, present principal occupation or employment and business address of each director and executive officer of Asgard I and Asgard II are set forth in Appendix A attached hereto.
   
 
(b) The principal business address of each of the Reporting Persons is 2100 McKinney Avenue, Suite 1800, Dallas, TX 75201.
   
 
(c) The principal business of the Funds is to invest in securities. The principal business of Carlson Capital is to serve as the investment manager to the Funds and to certain managed accounts (the “Accounts”). The principal business of Asgard II is serving as the general partner of Carlson Capital. The principal business of Asgard I is serving as the sole stockholder of Asgard II. The principal occupation of Mr. Carlson is serving as President of Asgard II, Asgard I and Carlson Capital.
   
 
(d) None of the Reporting Persons or persons listed on Appendix A has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
   
 
(e) None of the Reporting Persons or persons listed on Appendix A has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceedings 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.
   
 
(f) Mr. Carlson is a citizen of the United States.
   
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
   
 
Reporting Persons used approximately $32,756,000 (including brokerage commissions) in the aggregate to purchase the Common Shares reported in this Schedule 13D.
   
 
The source of the funds used to acquire the Common Shares reported herein is the working capital of the Funds and the Accounts and margin borrowings described in the following sentence. Such Common Shares are held by the Reporting Persons in commingled margin accounts, which may extend margin credit to the Reporting Persons from time to time, subject to applicable federal margin regulations, stock exchange rules and credit policies. In such instances, the positions held in the margin account are pledged as collateral security for the repayment of debit balances in the account. The margin accounts bear interest at a rate based upon the broker’s call rate from time to time in effect. Because other securities are held in the margin accounts, it is not possible to determine the amounts, if any, of margin used to purchase the Common Shares reported herein.
   
Item 4. PURPOSE OF TRANSACTION
   
  The Reporting Persons originally acquired the Common Stock reported herein for investment in the ordinary course of business because they believed that such shares of Common Stock, when purchased, were undervalued and represented an attractive investment opportunity.
   
 
In addition, the Reporting Persons and their representatives have, from time to time, engaged in discussions and correspondence with management and the Board regarding, among other things, the Issuer’s business, management and strategic alternatives and direction. The Reporting Persons intend to continue to discuss such matters with the Issuer's management and the Board as well as other stockholders of the Issuer and third parties and may take other steps seeking to bring about changes to increase shareholder value as well as pursue other plans or proposals that relate to or would result in any of the matters set forth in clauses (a)-(j) of Item 4 of Schedule 13D.
   
 
 
 
 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 13 of  23 Pages
 
 
 
 Item 5. INTEREST IN SECURITIES OF THE ISSUER
   
  (a) and (b)
   
 
The Reporting Persons may be deemed to beneficially own in the aggregate 1,589,528 Common Shares. Based upon a total of 29,987,938 Common Shares outstanding as of January 24, 2015, as reported in the Issuer’s Annual Report on Form 10-K for the period ended December 27, 2014, filed with the Securities and Exchange Commission on February 25, 2015, the Reporting Persons’ shares represent approximately 5.34% of the outstanding Common Shares.
   
 
Carlson Capital, Asgard II, Asgard I and Mr. Carlson have the power to vote and direct the disposition of (i) the 1,064,567 Common Shares reported herein as owned by DOF, (ii) the 335,953 Common Shares reported herein as owned by ROF, (iii) the 60,947 Common Shares reported herein as owned by RVC, (iv) the 40,288 Common Shares reported herein as owned by OFF, (v) the 13,100 Common Shares reported herein as owned by SRI, (vi) the 8,781 Common Shares reported herein as owned by AOF and an additional 65,892 Common Shares held in the Accounts.
   
 
(c) Information concerning transactions in the Common Shares effected by the Reporting Persons during the past sixty days is set forth in Appendix B hereto and is incorporated herein by reference.
   
 
(d) Except as set forth herein, no person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividendg from, or the proceeds from the sale of, Common Shares.
   
   (e) Not applicable.
   
Item 6.  CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
   
   The Reporting Persons are parties to an agreement with respect to the joint filing of this Schedule 13D and any amendments thereto. A copy of such agreement is attached hereto as Exhibit 1 and is incorporated by reference herein.
   
 
Except as set forth herein, there are no contracts, understandings or relationships among the Reporting Persons or between the Reporting Persons and any other person with respect to the Common Shares.
   
Item 7. MATERIAL TO BE FILED AS EXHIBITS
   
 Exhibit Description
   
 1 Joint Filing Agreement, dated April 22, 2015.
   
  
 
 
 
 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 14 of  23 Pages
 
 
 
 

SIGNATURES


After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
 
DATED: April 22, 2015

    DOUBLE BLACK DIAMOND OFFSHORE LTD.
     
    By: Carlson Capital, L.P., its investment manager
     
    By: Asgard Investment Corp. II, its general partner
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 
 
    BLACK DIAMOND RELATIVE VALUE OFFSHORE LTD.
     
    By: Carlson Capital, L.P., its investment manager
     
    By: Asgard Investment Corp. II, its general partner
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 
 
    BLACK DIAMOND RELATIVE VALUE CAYMAN, L.P.
     
    By: Carlson Capital, L.P., its investment manager
     
    By: Asgard Investment Corp. II, its general partner
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 
 
    BLACK DIAMOND OFFSHORE LTD.
     
    By: Carlson Capital, L.P., its investment manager
     
    By: Asgard Investment Corp. II, its general partner
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 
 
 
 
 
 
 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 15 of 23 Pages
 
 
 
 
    BLACK DIAMOND SRI OFFSHORE LTD.
     
    By: Carlson Capital, L.P., its investment manager
     
    By: Asgard Investment Corp. II, its general partner
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 
 
    BLACK DIAMOND ARBITRAGE OFFSHORE LTD.
     
    By: Carlson Capital, L.P., its investment manager
     
    By: Asgard Investment Corp. II, its general partner
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 


 
 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 16 of 23 Pages
 
 
 
Appendix A
 
DIRECTORS AND EXECUTIVE OFFICERS OF ASGARD I AND ASGARD II
 
    The following sets forth the name, position and principal occupation of each director and executive officer of Asgard I and Asgard II, respectively. Except as otherwise indicated, the business address of each director and officer is 2100 McKinney Avenue, Suite 1800, Dallas, TX 75201. To the best of the Reporting Persons' knowledge, except as set forth in this Schedule 13D, none of the directors or executive officers of Asgard I or Asgard II owns any Common Shares.
Asgard I
      
       
Name
Position
Principal Occupation
Citizenship
       
Clint Carlson
Director/President
Investment Manager
United States
       
Nancy Carlson
Secretary/Treasurer
Executive
United States
       
Asgard II
      
       
Name
Position
Principal Occupation
Citizenship
       
Clint Carlson
Director/President
Investment Manager
United States
       
Nancy Carlson
Secretary/Treasurer
Executive
United States

 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 17 of  23 Pages
 
 
 
 

Appendix B
 
TRANSACTIONS IN THE ISSUER'S COMMON SHARES BY THE REPORTING PERSONS IN THE PAST
SIXTY DAYS
 
    The following tables set forth all transactions in the Common Shares effected by any of the Reporting Persons in the past sixty days, as applicable. All such transactions were effected in the open market through brokers and the price per share is net of commissions.
 
Black Diamond Arbitrage Offshore Ltd.

Type
Qty
Price
Net Amount
Trade Date
Sell
244.00
40.9554
9,988.02
2/3/2015 0:00
Sell
77.00
41.5275
3,196.01
2/4/2015 0:00
Sell
86.00
41.2001
3,542.83
2/4/2015 0:00
Sell
283.00
42.2543
11,952.05
2/5/2015 0:00
Sell
2.00
42.05
84.10
2/5/2015 0:00
Buy
679.00
41.9111
28,471.22
2/25/2015 0:00
Buy
106.00
42.0769
4,460.52
2/25/2015 0:00
Buy
420.00
41.8043
17,566.20
3/4/2015 0:00
Buy
17.00
39.725
676.00
3/24/2015 0:00
Buy
420.00
40.3999
16,976.35
3/24/2015 0:00
Buy
252.00
40.6
10,236.24
3/25/2015 0:00
Buy
588.00
40.764
23,971.29
3/25/2015 0:00
Buy
4.00
40.25
161.01
3/26/2015 0:00
Buy
416.00
40.5
16,856.32
3/26/2015 0:00
Buy
420.00
40.4488
16,992.70
3/27/2015 0:00
Buy
252.00
40
10,085.04
3/27/2015 0:00
Buy
860.00
38.9
33,471.20
4/20/2015 0:00
Buy
16.00
1.7489
2,846.24
2/12/2015 0:00
Buy
7.00
1.9568
1,390.76
2/19/2015 0:00
SellShort
16.00
1.1
1,711.97
2/12/2015 0:00
SellShort
7.00
0.8953
619.70
2/19/2015 0:00


Double Black Diamond Offshore Ltd.

Type
Qty
Price
Net Amount
Trade Date
Sell
14,062.00
40.9554
575,620.86
2/3/2015 0:00
Sell
7,493.00
41.3778
309,887.13
2/3/2015 0:00
Sell
23,004.00
41.3778
951,373.79
2/3/2015 0:00
Buy
400.00
41.0449
16,420.01
2/3/2015 0:00
Sell
1,214.00
41.0052
49,754.93
2/4/2015 0:00
Sell
4,411.00
41.5275
183,085.53
2/4/2015 0:00
Sell
4,963.00
41.2001
204,454.20
2/4/2015 0:00
Sell
283.00
41.1061
11,631.02
2/4/2015 0:00
Sell
4,600.00
41.1061
189,055.52
2/4/2015 0:00
Sell
16,336.00
42.2543
689,924.27
2/5/2015 0:00
Sell
140.00
42.05
5,886.73
2/5/2015 0:00
Buy
283.00
42.1334
11,925.24
2/5/2015 0:00
Buy
2,900.00
42.1334
122,202.13
2/5/2015 0:00
Sell
189.00
42.263
7,986.53
2/6/2015 0:00
Buy
200.00
42.263
8,453.66
2/6/2015 0:00
Buy
94.00
42.2598
3,973.01
2/9/2015 0:00
Buy
100.00
42.2598
4,226.61
2/9/2015 0:00
Buy
900.00
43.1968
38,881.98
2/12/2015 0:00
Buy
600.00
43.7283
26,240.26
2/13/2015 0:00
Buy
38,668.00
41.9111
1,621,391.77
2/25/2015 0:00
Buy
6,078.00
42.0769
255,764.66
2/25/2015 0:00
Sell
600.00
42.192
25,311.57
2/27/2015 0:00
Sell
1,500.00
42.1016
63,143.34
3/3/2015 0:00
Buy
23,506.00
41.8043
983,122.00
3/4/2015 0:00
Buy
12,837.00
42.532
546,240.02
3/9/2015 0:00
Buy
23,564.00
42.5308
1,002,667.05
3/9/2015 0:00
Buy
900.00
42.5189
38,272.75
3/9/2015 0:00
Buy
283.00
40.7671
11,538.53
3/10/2015 0:00
Buy
6,400.00
40.7671
260,942.05
3/10/2015 0:00
Buy
500.00
40.6672
20,336.65
3/11/2015 0:00
Buy
189.00
40.6672
7,687.25
3/11/2015 0:00
Buy
700.00
40.6672
28,471.31
3/11/2015 0:00
Buy
700.00
40.5918
28,418.52
3/18/2015 0:00
Sell
2,300.00
40.5123
93,164.92
3/19/2015 0:00
Buy
14,705.00
41.05
604,228.45
3/23/2015 0:00
SellShort
770.00
40.7589
31,379.85
3/23/2015 0:00
 
 
 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 18 of  23 Pages
 
 
 
 
Double Black Diamond Offshore Ltd. cont'd
 
Buy
5,800.00
40.749
236,379.65
3/23/2015 0:00
Buy
60,147.00
40.2154
2,419,437.13
3/24/2015 0:00
Buy
3,013.00
40.2007
121,184.97
3/24/2015 0:00
Buy
15,067.00
40.2
606,296.08
3/24/2015 0:00
Buy
3,616.00
40.0567
144,857.69
3/24/2015 0:00
Buy
941.00
39.725
37,418.87
3/24/2015 0:00
Buy
23,505.00
40.3999
950,069.75
3/24/2015 0:00
Buy
500.00
40.1934
20,099.21
3/24/2015 0:00
Buy
1,900.00
40.1934
76,377.01
3/24/2015 0:00
Buy
4,882.00
40.36
197,086.34
3/25/2015 0:00
Buy
12,053.00
40.4
487,182.26
3/25/2015 0:00
Buy
14,103.00
40.6
572,863.86
3/25/2015 0:00
Buy
32,909.00
40.764
1,341,617.66
3/25/2015 0:00
Buy
2,800.00
40.5724
113,619.76
3/25/2015 0:00
Buy
189.00
40.25
7,607.91
3/26/2015 0:00
Buy
23,317.00
40.5
944,804.84
3/26/2015 0:00
Buy
600.00
40.4386
24,266.19
3/26/2015 0:00
Buy
23,506.00
40.4488
951,024.55
3/27/2015 0:00
Buy
14,104.00
40
564,442.08
3/27/2015 0:00
Sell
700.00
40.2136
28,145.48
3/27/2015 0:00
Sell
4,300.00
41.9014
180,145.67
3/30/2015 0:00
Sell
188.00
41.9014
7,876.13
3/30/2015 0:00
Sell
700.00
40.6468
28,447.96
4/1/2015 0:00
Buy
9,284.00
40.9355
380,138.02
4/6/2015 0:00
Buy
3,094.00
41.0591
127,047.69
4/6/2015 0:00
Buy
24,260.00
40.7522
988,890.97
4/7/2015 0:00
Buy
15,472.00
40.8936
633,324.66
4/7/2015 0:00
Buy
1,000.00
40.8696
40,875.73
4/8/2015 0:00
Buy
800.00
40.5111
32,412.93
4/10/2015 0:00
Buy
26,670.00
38.9
1,037,996.40
4/20/2015 0:00
Buy
47,098.00
38.9
1,833,054.16
4/20/2015 0:00
Buy
941.00
1.7489
167,394.49
2/12/2015 0:00
Buy
376.00
1.9568
74,703.68
2/19/2015 0:00
SellShort
941.00
1.1
100,685.09
2/12/2015 0:00
SellShort
376.00
0.8953
33,286.66
2/19/2015 0:00

 
 
 

CUSIP No.  92849E101
SCHEDULE 13D
Page 19 of 23 Pages
 
 
 
 
MID
Type
Qty
Price
Net Amount
TradeDate
Sell
1,815.00
41.1061
74,594.73
2/4/2015 0:00
Buy
2,954.00
40.7671
120,441.06
3/10/2015 0:00
Buy
795.00
40.5941
32,277.15
3/23/2015 0:00
Buy
5,283.00
40.5724
214,376.14
3/25/2015 0:00
Buy
909.00
40.4386
36,763.29
3/26/2015 0:00
Buy
909.00
40.8319
37,120.84
4/2/2015 0:00
Buy
738.00
40.7119
30,049.14
4/7/2015 0:00
Buy
2,443.00
40.8696
99,859.41
4/8/2015 0:00
 
 
MII

Type
Qty
Price
Net Amount
TradeDate
Sell
1,385.00
41.1061
56,922.15
2/4/2015 0:00
Buy
2,246.00
40.7671
91,574.36
3/10/2015 0:00
Buy
605.00
40.5941
24,563.11
3/23/2015 0:00
Buy
4,017.00
40.5724
163,003.78
3/25/2015 0:00
Buy
691.00
40.4386
27,946.56
3/26/2015 0:00
Buy
691.00
40.8319
28,218.37
4/2/2015 0:00
Buy
562.00
40.7119
22,882.95
4/7/2015 0:00
Buy
1,857.00
40.8696
75,906.23
4/8/2015 0:00

 
Black Diamond Offshore Ltd.
 
Type
Qty
Price
Net Amount
TradeDate
Sell
530.00
40.9554
21,695.28
2/3/2015 0:00
Sell
295.00
41.3778
12,200.28
2/3/2015 0:00
Sell
1,115.00
41.3778
46,112.93
2/3/2015 0:00
Sell
59.00
41.0052
2,418.08
2/4/2015 0:00
Sell
166.00
41.5275
6,890.10
2/4/2015 0:00
Sell
187.00
41.2001
7,703.60
2/4/2015 0:00
Sell
12.00
41.1061
493.19
2/4/2015 0:00
Sell
615.00
42.2543
25,973.51
2/5/2015 0:00
Sell
6.00
42.05
252.28
2/5/2015 0:00
Buy
11.00
42.1334
463.53
2/5/2015 0:00
Sell
8.00
42.263
338.05
2/6/2015 0:00
Buy
4.00
42.2598
169.07
2/9/2015 0:00
Buy
1,387.00
41.9111
58,158.44
2/25/2015 0:00
Buy
219.00
42.0769
9,215.61
2/25/2015 0:00
Buy
844.00
41.8043
35,299.71
3/4/2015 0:00
Buy
486.00
42.532
20,680.27
3/9/2015 0:00
Buy
893.00
42.5308
37,997.86
3/9/2015 0:00
Buy
11.00
40.7671
448.50
3/10/2015 0:00
Buy
7.00
40.6672
284.71
3/11/2015 0:00
Buy
557.00
41.05
22,887.13
3/23/2015 0:00
Buy
2,279.00
40.2154
91,673.69
3/24/2015 0:00
Buy
114.00
40.2007
4,585.16
3/24/2015 0:00
Buy
571.00
40.2
22,977.04
3/24/2015 0:00
Buy
136.00
40.0567
5,448.19
3/24/2015 0:00
Buy
33.00
39.725
1,312.24
3/24/2015 0:00
Buy
844.00
40.3999
34,114.40
3/24/2015 0:00
Buy
184.00
40.36
7,428.08
3/25/2015 0:00
Buy
457.00
40.4
18,471.94
3/25/2015 0:00
Buy
507.00
40.6
20,594.34
3/25/2015 0:00
Buy
1,180.00
40.764
48,105.65
3/25/2015 0:00
Buy
6.00
40.25
241.52
3/26/2015 0:00
Buy
838.00
40.5
33,955.76
3/26/2015 0:00
Buy
844.00
40.4488
34,147.23
3/27/2015 0:00
Buy
506.00
40
20,250.12
3/27/2015 0:00
Sell
8.00
41.9014
335.15
3/30/2015 0:00
Buy
351.00
40.9355
14,371.87
4/6/2015 0:00
Buy
118.00
41.0591
4,845.38
4/6/2015 0:00
Buy
919.00
40.7522
37,460.46
4/7/2015 0:00
Buy
586.00
40.8936
23,987.09
4/7/2015 0:00
Buy
1,010.00
38.9
39,309.20
4/20/2015 0:00
Buy
1,687.00
38.9
65,658.04
4/20/2015 0:00
Buy
34.00
1.7489
6,048.26
2/12/2015 0:00
Buy
13.00
1.9568
2,582.84
2/19/2015 0:00
SellShort
34.00
1.1
3,637.93
2/12/2015 0:00
SellShort
13.00
0.8953
1,150.87
2/19/2015 0:00

 
 
 

CUSIP No.  92849E101
SCHEDULE 13D
Page 20 of 23 Pages
 
 
 

Black Diamond Relative Value Offshore Ltd.


Type
Qty
Price
Net Amount
Trade Date
Buy
700.00
41.8843
29,323.41
2/2/2015 0:00
Sell
3,746.00
41.3778
154,922.89
2/3/2015 0:00
Sell
9,905.00
41.3778
409,639.95
2/3/2015 0:00
Buy
100.00
41.0449
4,105.00
2/3/2015 0:00
Sell
520.00
41.0052
21,311.83
2/4/2015 0:00
Sell
6,000.00
41.1061
246,594.14
2/4/2015 0:00
Buy
1,400.00
42.1334
58,994.13
2/5/2015 0:00
Buy
100.00
42.2598
4,226.61
2/9/2015 0:00
Buy
600.00
43.7283
26,240.26
2/13/2015 0:00
Sell
800.00
42.1016
33,676.45
3/3/2015 0:00
Buy
700.00
41.4538
29,022.01
3/4/2015 0:00
Buy
7,679.00
42.532
326,756.81
3/9/2015 0:00
Buy
14,097.00
42.5308
599,838.63
3/9/2015 0:00
Buy
1,200.00
42.5189
51,030.33
3/9/2015 0:00
Buy
8,700.00
40.7671
354,718.10
3/10/2015 0:00
Buy
800.00
40.5918
32,478.31
3/18/2015 0:00
Sell
1,200.00
40.5123
48,607.78
3/19/2015 0:00
Buy
8,797.00
41.05
361,468.73
3/23/2015 0:00
Buy
1,300.00
40.5941
52,780.25
3/23/2015 0:00
Buy
35,981.00
40.2154
1,447,350.12
3/24/2015 0:00
Buy
1,803.00
40.2007
72,517.92
3/24/2015 0:00
Buy
9,013.00
40.2
362,683.12
3/24/2015 0:00
Buy
2,163.00
40.0567
86,650.21
3/24/2015 0:00
Buy
1,200.00
40.1934
48,238.11
3/24/2015 0:00
Buy
2,921.00
40.36
117,920.77
3/25/2015 0:00
Buy
7,210.00
40.4
291,428.20
3/25/2015 0:00
Buy
9,600.00
40.5724
389,553.46
3/25/2015 0:00
Buy
1,800.00
40.4386
72,798.58
3/26/2015 0:00
Sell
3,200.00
41.9014
134,061.90
3/30/2015 0:00
Buy
5,156.00
40.9355
211,115.00
4/6/2015 0:00
Buy
1,718.00
41.0591
70,545.54
4/6/2015 0:00
Buy
13,474.00
40.7522
549,229.89
4/7/2015 0:00
Buy
8,592.00
40.8936
351,701.49
4/7/2015 0:00
Buy
1,100.00
40.7119
44,788.69
4/7/2015 0:00
Buy
4,400.00
40.8696
179,853.21
4/8/2015 0:00
Buy
19,462.00
38.9
757,461.04
4/20/2015 0:00

 
Black Diamond Relative Value Cayman, L.P.

 
Type
Qty
Price
Net Amount
Trade Date
Buy
10,400.00
40.8319
424,704.84
4/2/2015 0:00
Buy
10,500.00
40.7119
427,528.38
4/7/2015 0:00
Buy
12,900.00
40.8696
527,296.92
4/8/2015 0:00
Buy
10,900.00
40.6834
443,504.49
4/9/2015 0:00
Buy
12,700.00
40.5111
514,555.28
4/10/2015 0:00
Buy
3,547.00
38.9
138,049.24
4/20/2015 0:00

 
 
 

CUSIP No.  92849E101
SCHEDULE 13D
Page 21 of  23 Pages
 
 
 
 
Black Diamond SRI Offshore Ltd.
 
Type
Qty
Price
Net Amount
Trade Date
Sell
700.00
41.1061
28,769.31
2/4/2015 0:00
Buy
200.00
42.1651
8,434.07
2/5/2015 0:00
Sell
200.00
42.263
8,451.35
2/6/2015 0:00
Buy
400.00
41.4538
16,584.01
3/4/2015 0:00
Buy
200.00
42.5189
8,505.06
3/9/2015 0:00
Buy
400.00
40.7671
16,308.88
3/10/2015 0:00
Buy
800.00
40.7671
32,617.76
3/10/2015 0:00
Buy
400.00
40.5941
16,240.08
3/23/2015 0:00
Buy
2,300.00
40.5724
93,330.52
3/25/2015 0:00
Buy
400.00
40.4386
16,177.46
3/26/2015 0:00
Buy
300.00
40.8319
12,251.10
4/2/2015 0:00
Buy
300.00
40.8319
12,251.10
4/2/2015 0:00
Buy
400.00
40.7119
16,286.80
4/7/2015 0:00
Buy
1,100.00
40.8696
44,963.30
4/8/2015 0:00

 
WTL
 
Type
Qty
Price
Net Amount
Trade Date
Sell
164.00
40.9554
6,713.26
2/3/2015 0:00
Sell
124.00
41.3778
5,128.26
2/3/2015 0:00
Sell
309.00
41.3778
12,779.28
2/3/2015 0:00
Sell
16.00
41.0052
655.75
2/4/2015 0:00
Sell
51.00
41.5275
2,116.83
2/4/2015 0:00
Sell
59.00
41.2001
2,430.54
2/4/2015 0:00
Sell
5.00
41.1061
205.49
2/4/2015 0:00
Sell
191.00
42.2543
8,066.57
2/5/2015 0:00
Sell
2.00
42.05
84.10
2/5/2015 0:00
Buy
6.00
42.1334
252.83
2/5/2015 0:00
Sell
3.00
42.263
126.77
2/6/2015 0:00
Buy
2.00
42.2598
84.53
2/9/2015 0:00
Buy
378.00
41.9111
15,849.95
2/25/2015 0:00
Buy
60.00
42.0769
2,524.83
2/25/2015 0:00
Buy
230.00
41.8043
9,619.59
3/4/2015 0:00
Buy
298.00
42.532
12,680.50
3/9/2015 0:00
Buy
546.00
42.5308
23,232.74
3/9/2015 0:00
Buy
6.00
40.7671
244.63
3/10/2015 0:00
Buy
4.00
40.6672
162.69
3/11/2015 0:00
Buy
341.00
41.05
14,011.69
3/23/2015 0:00
Buy
1,393.00
40.2154
56,033.98
3/24/2015 0:00
Buy
70.00
40.2007
2,815.45
3/24/2015 0:00
Buy
349.00
40.2
14,043.76
3/24/2015 0:00
Buy
85.00
40.0567
3,405.12
3/24/2015 0:00
Buy
9.00
39.725
357.89
3/24/2015 0:00
Buy
231.00
40.3999
9,337.00
3/24/2015 0:00
Buy
113.00
40.36
4,561.81
3/25/2015 0:00
Buy
280.00
40.4
11,317.60
3/25/2015 0:00
Buy
138.00
40.6
5,605.56
3/25/2015 0:00
Buy
323.00
40.764
13,167.90
3/25/2015 0:00
Buy
1.00
40.25
40.25
3/26/2015 0:00
Buy
229.00
40.5
9,279.08
3/26/2015 0:00
Buy
230.00
40.4488
9,305.52
3/27/2015 0:00
Buy
138.00
40
5,522.76
3/27/2015 0:00
Sell
4.00
41.9014
167.58
3/30/2015 0:00
Buy
209.00
40.9355
8,557.61
4/6/2015 0:00
Buy
70.00
41.0591
2,874.39
4/6/2015 0:00
Buy
547.00
40.7522
22,296.92
4/7/2015 0:00
Buy
350.00
40.8936
14,326.76
4/7/2015 0:00
Buy
711.00
38.9
27,672.12
4/20/2015 0:00
Buy
355.00
38.9
13,816.60
4/20/2015 0:00
Buy
9.00
1.7489
1,601.01
2/12/2015 0:00
Buy
4.00
1.9568
794.72
2/19/2015 0:00
SellShort
9.00
1.1
962.98
2/12/2015 0:00
SellShort
4.00
0.8953
354.11
2/19/2015 0:00



 
 

 
 
 

 
 
SCHEDULE 13D
Page 22 of  23 Pages
 
 
 
Exhibit 1
 
 
 
 JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13d-1(k)

    The undersigned acknowledge and agree that the foregoing statement on Schedule 13D is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.
 
DATE: April 22, 2015

    DOUBLE BLACK DIAMOND OFFSHORE LTD.
     
    By: Carlson Capital, L.P., its investment manager
     
    By: Asgard Investment Corp. II, its general partner
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 
 
    BLACK DIAMOND RELATIVE VALUE OFFSHORE LTD.
     
    By: Carlson Capital, L.P., its investment manager
     
    By: Asgard Investment Corp. II, its general partner
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 
 
    BLACK DIAMOND RELATIVE VALUE CAYMAN, L.P.
     
    By: Carlson Capital, L.P., its investment manager
     
    By: Asgard Investment Corp. II, its general partner
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 
 
    BLACK DIAMOND OFFSHORE LTD.
     
    By: Carlson Capital, L.P., its investment manager
     
    By: Asgard Investment Corp. II, its general partner
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 
 
 
 
 
 
 
 
 
 
 
CUSIP No.  92849E101
SCHEDULE 13D
Page 23 of  23 Pages
 
 
 
 
    BLACK DIAMOND SRI OFFSHORE LTD.
     
    By: Carlson Capital, L.P., its investment manager
     
    By: Asgard Investment Corp. II, its general partner
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President
 
 
    BLACK DIAMOND ARBITRAGE OFFSHORE LTD.
     
    By: Carlson Capital, L.P., its investment manager
     
    By: Asgard Investment Corp. II, its general partner
       
       
   
By:
 /s/ Clint D. Carlson
 
     
Name:       Clint D. Carlson  
     
Title:         President