0001393825-13-000028.txt : 20130207
0001393825-13-000028.hdr.sgml : 20130207
20130207133502
ACCESSION NUMBER: 0001393825-13-000028
CONFORMED SUBMISSION TYPE: SC 13G/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20130207
DATE AS OF CHANGE: 20130207
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: SEALY CORP
CENTRAL INDEX KEY: 0000748015
STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD FURNITURE [2510]
IRS NUMBER: 363284147
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1202
FILING VALUES:
FORM TYPE: SC 13G/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-39994
FILM NUMBER: 13581379
BUSINESS ADDRESS:
STREET 1: 520 PIKE ST
CITY: SEATTLE
STATE: WA
ZIP: 98101
BUSINESS PHONE: 2066251233
MAIL ADDRESS:
STREET 1: HALLE BUILDING 10TH FLOOR
STREET 2: 1228 EUCLID AVE
CITY: CLEVELAND
STATE: OH
ZIP: 44115
FORMER COMPANY:
FORMER CONFORMED NAME: OHIO MATTRESS CO /DE/
DATE OF NAME CHANGE: 19900322
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: Hudson Bay Capital Management LP
CENTRAL INDEX KEY: 0001393825
IRS NUMBER: 371511173
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
STREET 1: 777 THIRD AVE., 30TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 212-571-1244
MAIL ADDRESS:
STREET 1: 777 THIRD AVE., 30TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
FORMER COMPANY:
FORMER CONFORMED NAME: Hudson Bay Capital Management, L.P.
DATE OF NAME CHANGE: 20070320
SC 13G/A
1
zz_sc13ga.txt
SEALY CORP SC13GA
1
zz_sc13ga.txt
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Sealy Corporation
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
812139301
(CUSIP Number)
December 31, 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:
[X] Rule 13d-1(b)
[ ] 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).
Page 1 of 6 Pages
CUSIP No. 812139301 13G/A Page 2 of 6 Pages
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(1) NAMES OF REPORTING PERSONS
Hudson Bay Capital Management, L.P.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
STOCK --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
343,763 shares of 8% Convertible Preferred Stock due
7/15/2016 convertible into 11,307,396 shares of
Common Stock (see Item 4)
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH: (8) SHARED DISPOSITIVE POWER
343,763 shares of 8% Convertible Preferred Stock due
7/15/2016 convertible into 11,307,396 shares of
Common Stock (see Item 4)
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
343,763 shares of 8% Convertible Preferred Stock due 7/15/2016
convertible into 11,307,396 shares of Common Stock (see Item 4)
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.67%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
PN
-----------------------------------------------------------------------------
CUSIP No. 812139301 13G/A Page 3 of 6 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
Sander Gerber
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
343,763 shares of 8% Convertible Preferred Stock due
7/15/2016 convertible into 11,307,396 shares of
Common Stock (see Item 4)
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH: (8) SHARED DISPOSITIVE POWER
343,763 shares of 8% Convertible Preferred Stock due
7/15/2016 convertible into 11,307,396 shares of
Common Stock (see Item 4)
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
343,763 shares of 8% Convertible Preferred Stock due 7/15/2016
convertible into 11,307,396 shares of Common Stock (see Item 4)
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.67%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
IN
-----------------------------------------------------------------------------
CUSIP No. 812139301 13G/A Page 4 of 6 Pages
-----------------------------------------------------------------------------
This Amendment No. 1 (this 'Amendment') amends the statement on Schedule 13G
filed on February 6, 2012 (the 'Original Schedule 13G' and the Original 13G
as amended, the 'Schedule 13G') with respect to the shares of common stock,
par value $0.01 per share (the 'Common Stock') of Sealy Corporation, a
Delaware corporation (the 'Company'). Capitalized terms used herein are not
otherwise defined in this Amendment have the meanings set forth in the
Schedule 13G. This Amendment amends and restates Items 2, 3 and 4 in their
entirety as set forth below.
Item 2(a). Name of Person Filing
This statement is filed by Hudson Bay Capital Management, L.P.
(the 'Investment Manager') and Mr. Sander Gerber ('Mr. Gerber'), who are
collectively referred to herein as 'Reporting Persons.'
Item 2(b). Address of Principal Business Office or, if none, Residence
The address of the principal business office of each of the
Investment Manager and Mr. Gerber is:
777 Third Avenue, 30th Floor
New York, NY 10017
Item 2(c). Citizenship
Citizenship is set forth in Row (4) of the cover page for each Reporting
Person hereto and is incorporated herein by reference for each such
Reporting Person.
Item 2(d) Title of Class of Securities
Common Stock, par value $0.01 per share (the 'Common Stock')
Item 2(e) CUSIP Number
812139301
CUSIP No. 812139301 13G/A Page 5 of 6 Pages
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Item 3. If this statement is filed pursuant to ss.240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(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) [X] An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
ss.240.13d-1(b)(1)(ii)(F);
(g) [X] A parent holding company or control person in accordance with
ss.240.13d-1(b)(1)(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) [ ] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
(k) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
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.
The information required by Items 4(a) - (c) is set forth in Rows (5)-(11)
of the cover page for each Reporting Person hereto and is incorporated
herein by reference for each such Reporting Person.
The Company's Preliminary Information Statement on Schedule 14C filed
with the Securities and Exchange Commission on January 23, 2013,
indicates that the total number of outstanding shares of Common Stock
on January 18, 2013 was 105,636,502. The percentages set forth on
Row (11) of the cover page for each Reporting Person is based on the
Company's total number of outstanding shares of Common Stock and
assumes the conversion of the reported Convertible Preferred Stock
(the 'Reported Preferred Stock'). The number of shares of Common
Stock into which the Reported Preferred Stock is convertible that
is disclosed on rows (6), (8) and (9) of the Reporting Persons'
cover pages is determined based on the Conversion Rate of 32.8930
for every share of Reported Preferred Stock that is beneficially
owned.
The Investment Manager, which serves as the investment manager
to Hudson Bay Master Fund Ltd., in whose name the reported securities
are held, may be deemed to be the beneficial owner of all shares of
Common Stock held by Hudson Bay Master Fund Ltd. Mr. Gerber serves as
the managing member of Hudson Bay Capital GP LLC, which is the general
partner of the Investment Manager. Mr. Gerber disclaims beneficial
ownership of these securities.
CUSIP No. 812139301 13G/A Page 6 of 6 Pages
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SIGNATURES
After reasonable inquiry and to the best of its knowledge and belief,
each of the undersigned certifies that the information with respect to it
set forth in this statement is true, complete, and correct.
Dated: February 7, 2013
HUDSON BAY CAPITAL MANAGEMENT, L.P.
By: /s/ Sander Gerber
Name: Sander Gerber
Title: Authorized Signatory
/s/ Sander Gerber
SANDER GERBER
[A1]Please confirm this expiration date is correct. The initial 13G filed
on 02/06/2012 reported 8% Convertible Preferred Stock due 7/15/2012.
DOC ID-17730909.3