-----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, UephlGkyjHPvFhv3MC6qHHsciP0fifcu5L5uzlXPhyG0D7K3lMF9vSkeeZIc/ep2 sICRNFC/iyt0tE51eLjWWQ== 0000899140-08-001651.txt : 20080829 0000899140-08-001651.hdr.sgml : 20080829 20080829094903 ACCESSION NUMBER: 0000899140-08-001651 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20080829 DATE AS OF CHANGE: 20080829 GROUP MEMBERS: ANDREW HERENSTEIN GROUP MEMBERS: CHRISTOPHER SANTANA GROUP MEMBERS: JOSIAH ROTENBERG GROUP MEMBERS: MICHAEL WEINSTOCK GROUP MEMBERS: MONARCH DEBT RECOVERY MASTER FUND LTD GROUP MEMBERS: MONARCH OPPORTUNITIES MASTER FUND LTD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SILICON GRAPHICS INC CENTRAL INDEX KEY: 0000802301 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 942789662 STATE OF INCORPORATION: DE FISCAL YEAR END: 0627 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-39521 FILM NUMBER: 081047255 BUSINESS ADDRESS: STREET 1: 1500 CRITTENDEN LANE CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 BUSINESS PHONE: 6509601980 MAIL ADDRESS: STREET 1: 1500 CRITTENDEN LANE STREET 2: - CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 FORMER COMPANY: FORMER CONFORMED NAME: SILICON GRAPHICS INC /CA/ DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Monarch Alternative Capital LP CENTRAL INDEX KEY: 0001281084 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 375 PARK AVENUE STREET 2: 14TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10152 BUSINESS PHONE: 212-418-1700 MAIL ADDRESS: STREET 1: 375 PARK AVENUE STREET 2: 14TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10152 FORMER COMPANY: FORMER CONFORMED NAME: Quadrangle Debt Recovery Advisors LP DATE OF NAME CHANGE: 20070125 FORMER COMPANY: FORMER CONFORMED NAME: Quadrangle Debt Recovery Advisors LLC DATE OF NAME CHANGE: 20061013 FORMER COMPANY: FORMER CONFORMED NAME: QDRA LLC DATE OF NAME CHANGE: 20040223 SC 13D/A 1 m437713b.txt FIRST AMENDMENT SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Amendment No. 1) Under the Securities Exchange Act of 1934* Silicon Graphics, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 827056300 - -------------------------------------------------------------------------------- (CUSIP Number of Class of Securities) Robert Burns, Esq. Monarch Alternative Capital LP 535 Madison Avenue New York, NY 10022 (212) 554-1700 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copies to: Michael A. Schwartz, Esq. Willkie Farr & Gallagher LLP 787 Seventh Avenue New York, NY 10019-6099 (212) 728-8000 August 26, 2008 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Schedule) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which 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 Rule 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). SCHEDULE 13D - ---------------------------- --------------------------- CUSIP No. 827056300 Page 2 of 13 Pages - ---------------------------- --------------------------- - ----------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Monarch Alternative Capital LP (formerly Quadrangle Debt Recovery Advisors LP, which was formerly Quadrangle Debt Recovery Advisors 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 PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER 0 --------- ------------------------------------------------ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 3,109,640 BY EACH REPORTING --------- ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 0 --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 3,109,640 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 3,109,640 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 26.8% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ----------- -------------------------------------------------------------------- SCHEDULE 13D - ---------------------------- --------------------------- CUSIP No. 827056300 Page 3 of 13 Pages - ---------------------------- --------------------------- - ----------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Monarch Debt Recovery Master Fund Ltd (formerly QDRF Master Fund) - ----------- -------------------------------------------------------------------- 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 - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER 0 --------- ------------------------------------------------ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 2,096,594 BY EACH REPORTING --------- ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 0 --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 2,096,594 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 2,096,594 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 18.1% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - ----------- -------------------------------------------------------------------- SCHEDULE 13D - ---------------------------- --------------------------- CUSIP No. 827056300 Page 4 of 13 Pages - ---------------------------- --------------------------- - ----------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Monarch Opportunities Master Fund Ltd (formerly Quadrangle Debt Opportunities Fund Master 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 - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER 0 --------- ------------------------------------------------ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 661,215 BY EACH REPORTING --------- ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 0 --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 661,215 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 661,215 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.7% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - ----------- -------------------------------------------------------------------- SCHEDULE 13D - ---------------------------- --------------------------- CUSIP No. 827056300 Page 5 of 13 Pages - ---------------------------- --------------------------- - ----------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Michael Weinstock - ----------- -------------------------------------------------------------------- 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 - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER 0 --------- ------------------------------------------------ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 0 BY EACH REPORTING --------- ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 0 --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 0 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.0% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - ----------- -------------------------------------------------------------------- SCHEDULE 13D - ---------------------------- --------------------------- CUSIP No. 827056300 Page 6 of 13 Pages - ---------------------------- --------------------------- - ----------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Andrew Herenstein - ----------- -------------------------------------------------------------------- 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 - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER 0 --------- ------------------------------------------------ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 0 BY EACH REPORTING --------- ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 0 --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 0 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.0% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - ----------- -------------------------------------------------------------------- SCHEDULE 13D - ---------------------------- --------------------------- CUSIP No. 827056300 Page 7 of 13 Pages - ---------------------------- --------------------------- - ----------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Christopher Santana - ----------- -------------------------------------------------------------------- 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 Cayman Islands - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER 0 --------- ------------------------------------------------ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 0 BY EACH REPORTING --------- ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 0 --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 0 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.0% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - ----------- -------------------------------------------------------------------- SCHEDULE 13D - ---------------------------- --------------------------- CUSIP No. 827056300 Page 8 of 13 Pages - ---------------------------- --------------------------- - ----------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Josiah Rotenberg - ----------- -------------------------------------------------------------------- 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, Canada and Israel - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER 0 --------- ------------------------------------------------ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 0 BY EACH REPORTING --------- ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 0 --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 0 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.0% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - ----------- -------------------------------------------------------------------- This Amendment No. 1 to Schedule 13D (this "Amendment No. 1") relates to the common stock, par value $0.01 per share (the "Common Stock"), of Silicon Graphics, Inc., a Delaware corporation (the "Company"), and is filed on behalf of Monarch Alternative Capital LP (formerly Quadrangle Debt Recovery Advisors LP, which was in turn was formerly Quadrangle Debt Recovery Advisors LLC), a Delaware limited partnership ("MAC"), Monarch Debt Recovery Master Fund Ltd (formerly QDRF Master Ltd), a Cayman Islands corporation ("MDRF"), and Monarch Opportunities Master Fund Ltd (formerly Quadrangle Debt Opportunities Fund Master Ltd), a Cayman Islands corporation ("MOF", and together with MAC and MDRF, the "Monarch Filers"). This Amendment No. 1 amends the information in the statement on Schedule 13D filed by the Monarch Filers and certain individual principals of MAC on October 27, 2006 (as amended by this Amendment No. 1, the "Schedule 13D"). MAC is the investment advisor to a variety of funds (such funds, collectively, including but not limited to MDRF and MOF, the "Funds"). The Funds directly own the Common Stock to which this Amendment No. 1 relates, and MAC may be deemed to have beneficial ownership over such Common Stock by virtue of the authority granted to them by the Funds to vote and to dispose of the securities held by the Funds, including the Common Stock. Capitalized terms used and not otherwise defined herein have the meanings ascribed thereto in the Schedule 13D. Item 2. Identity and Background Item 2 of the Schedule 13D is amended and restated as follows: (a) This statement is being filed by the Monarch Filers. MAC is the investment advisor to the Funds, which directly own the Common Stock to which this Schedule 13D relates, and MAC may be deemed to beneficially own such Common Stock by virtue of the authority granted to it by the Funds to vote and to dispose of the securities held by the Funds. MDRA GP LP ("MDRA GP LP") is the sole general partner of MAC. Monarch GP LLC is the sole general partner of MDRA GP LP. Michael Weinstock, Andrew Herenstein, Christopher Santana and Josiah Rotenberg are the controlling members of Monarch GP LLC. MAC and MDRA GP LP are each organized as a limited partnership under the laws of the State of Delaware. Monarch GP LLC is organized as a limited liability company under the laws of the State of Delaware. MDRF and MOF are each organized as a corporation under the laws of the Cayman Islands. (b) The address of the principal business and principal office of MAC, MDRA GP LP, Monarch GP LLC, MDRF and MOF is 535 Madison Avenue, 17th Floor, New York, New York 10022. Set forth on Schedule 1 hereto is the (i) name, (ii) business address, (iii) present principal occupation or employment and (iv) citizenship of each of the directors of MDRF and MOF. (c) The principal business of MAC is to serve as investment advisor to, and to control the investment activities of, the Funds. The principal business of each of Mr. Weinstock, Mr. Herenstein, Mr. Santana and Mr. Rotenberg is to act as managing members of Monarch GP LLC and control MAC. The principal business of MDRF and MOF is to invest and trade in distressed debt securities and other securities and to make other investments. (d) None of the Monarch Filers, nor, to the best of their knowledge, any of the persons named in this Item 2 or on Schedule 1 hereto has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). 9 (e) None of the Monarch Filers, nor, to the best of their knowledge, any of the persons named in this Item 2 or on Schedule 1 hereto 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 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. (f) Each of Mr. Weinstock, Mr. Herenstein, Mr. Santana and Mr. Rotenberg is a United States citizen. Mr. Rotenberg is also a citizen of Canada and Israel. Item 4. Purpose of Transaction Item 4 of the Schedule 13D is amended by adding the following thereto: On August 26, 2008, Chun Won Yi, an employee of MAC and its representative on the board of directors of the Company (the "Board"), submitted his resignation from the Board. The Monarch Filers do not currently have any plans or proposals relating to the sale or other disposition of Common Stock, as a result of Mr. Yi's resignation or otherwise. The Monarch Filers may in the future, however, make further acquisitions of of Common Stock from time to time or dispose of any or all of the shares of Common Stock held by the Funds, at any time. Item 5. Interest in Securities of the Issuer (a) MAC beneficially owns 3,109,640 shares of Common Stock (the "Shares") as of the date hereof. The Shares represent 26.8% of the 11,582,057 shares of Common Stock outstanding as of April 25, 2008, as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended March 28, 2008, which is the most recent quarterly or annual report filed by the Company pursuant to the Act. The percentages used herein and in the rest of this statement are calculated based upon this number of outstanding shares. MDRF directly beneficially owns 2,096,594 shares of Common Stock, which represent 18.1% of the outstanding shares of Common Stock. MOF directly beneficially owns 661,215 shares of Common Stock, which represent 5.7% of the outstanding shares of Common Stock. None of the other individual Funds owns a number of shares of Common Stock representing more than 5% of such total. (b) MAC shares voting and dispositive power over the 3,109,640 shares of Common Stock held directly by the Funds with each Fund directly holding such shares. MAC and MDRF share voting power and dispositive power over the 2,096,594 shares of Common Stock held by MDRF. MAC and MOF share voting power and dispositive power over the 661,215 shares of Common Stock held by MOF. (c) On August 27, 2008, Mr. Yi transferred to the Funds vested stock options granted to him by the Company as compensation for his service as a member of the Board. Specifically, Mr. Yi transferred options exercisable into 12,500 shares of Common Stock. There have been no other transactions in the Common Stock effected during the past 60 days by any person named in Item 2 hereof. This Amendment No. 1 reflects that none Messrs. Weinstock, Herenstein, Santana and Rotenberg has beneficial ownership of the Shares, in light of the fact that none of Messrs. Weinstock, Herenstein, Santana and Rotenberg individually possesses the ability to vote or cause 10 the voting of, or to dispose or cause the disposition of, or to prevent the voting or disposition of, the Shares. (d) Not applicable. (e) As described in Item 5(c) above, Messrs. Weinstock, Herenstein, Santana and Rotenberg do not beneficially own any shares of Common Stock. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. The Monarch Filers have entered into an amended and restated agreement with respect to the joint filing of this statement and any amendment or amendments hereto, pursuant to Rule 13d-1(k) promulgated under the Exchange Act. As described in Item 5(c) above, Mr. Yi transferred vested stock options granted to him by the Company as compensation for his service as a member of the Board. Such options entitle the Funds to purchase a total 12,500 shares of Common Stock at a price of $18.13 per share and expire on November 30, 2011. Item 7. Material to be Filed as Exhibits. 99.3 Joint Filing Agreement, dated as of August 29, 2008, by and between the Monarch Filers. [Signatures on following page] 11 SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: August 29, 2008 MONARCH ALTERNATIVE CAPITAL LP By: MDRA GP LP, its general partner By: Monarch GP LLC, its general partner By: /s/ Michael Weinstock --------------------------------- Name: Michael Weinstock Title: Managing Member MONARCH DEBT RECOVERY MASTER FUND LTD By: /s/ Michael Weinstock --------------------------------- Name: Michael Weinstock Title: Director MONARCH OPPORTUNITIES MASTER FUND LTD By: /s/ Michael Weinstock --------------------------------- Name: Michael Weinstock Title: Director /s/ Michael Weinstock -------------------------------------- Michael Weinstock /s/ Christopher Santana -------------------------------------- Christopher Santana /s/ Andrew Herenstein -------------------------------------- Andrew Herenstein /s/ Josiah Rotenberg -------------------------------------- Josiah Rotenberg [SIGNATURE PAGE TO AMENDMENT NO. 1 TO SCHEDULE 13D WITH RESPECT TO SILICON GRAPHICS, INC.] Schedule 1 Directors of Monarch Debt Recovery Master Fund Ltd - -------------------------------------------------- Michael Weinstock c/o Monarch Alternative Capital LP 535 Madison Avenue New York, NY 10022 Linburgh Martin c/o Close Brothers (Cayman Limited) Harbour Place, 103 South Church Street P.O. Box 1034GT George Town, Grand Cayman, Cayman Islands Ivan John Sutlic P.O. Box 30902 5 Bel Air Drive GT Grand Cayman KY1-1204 Cayman Islands Directors of Monarch Opportunities Master Fund Ltd - -------------------------------------------------- Michael Weinstock c/o Monarch Alternative Capital LP 535 Madison Avenue New York, NY 10022 Linburgh Martin c/o Close Brothers (Cayman Limited) Harbour Place, 103 South Church Street P.O. Box 1034GT George Town, Grand Cayman, Cayman Islands Ivan John Sutlic P.O. Box 30902 5 Bel Air Drive GT Grand Cayman KY1-1204 Cayman Islands EX-99.3 3 m4437713c.txt AMENDED AND RESTATED JOINT FILING AGREEMENT Exhibit 99.3 AMENDED AND RESTATED JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1) 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 it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that it knows or has reason to believe that such information is inaccurate. This Agreement may be executed in any number of counterparts and all of such counterparts taken together shall constitute one and the same instrument. Dated: August 29, 2008 MONARCH ALTERNATIVE CAPITAL LP By: MDRA GP LP, its general partner By: Monarch GP LLC, its general partner By: /s/ Michael Weinstock --------------------------------- Name: Michael Weinstock Title: Managing Member MONARCH DEBT RECOVERY MASTER FUND LTD By: /s/ Michael Weinstock --------------------------------- Name: Michael Weinstock Title: Director MONARCH OPPORTUNITIES MASTER FUND LTD By: /s/ Michael Weinstock --------------------------------- Name: Michael Weinstock Title: Director [AMENDED AND RESTATED JOINT FILING AGREEMENT FOR SCHEDULE 13D WITH RESPECT TO SILICON GRAPHICS, INC.] /s/ Michael Weinstock -------------------------------------- Michael Weinstock /s/ Christopher Santana -------------------------------------- Christopher Santana /s/ Andrew Herenstein -------------------------------------- Andrew Herenstein /s/ Josiah Rotenberg -------------------------------------- Josiah Rotenberg [AMENDED AND RESTATED JOINT FILING AGREEMENT FOR SCHEDULE 13D WITH RESPECT TO SILICON GRAPHICS, INC.] -----END PRIVACY-ENHANCED MESSAGE-----