0001140361-11-021165.txt : 20110406 0001140361-11-021165.hdr.sgml : 20110406 20110406180319 ACCESSION NUMBER: 0001140361-11-021165 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110404 FILED AS OF DATE: 20110406 DATE AS OF CHANGE: 20110406 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ZALE CORP CENTRAL INDEX KEY: 0000109156 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-JEWELRY STORES [5944] IRS NUMBER: 750675400 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 BUSINESS ADDRESS: STREET 1: 901 W WALNUT HILL LN STREET 2: MS 6B-3 CITY: IRVING STATE: TX ZIP: 75038 BUSINESS PHONE: 9725804000 MAIL ADDRESS: STREET 1: 901 WEST WALNUT HILL LANE STREET 2: MAIL STOP 6B-3 CITY: IRVING STATE: TX ZIP: 75038-1003 FORMER COMPANY: FORMER CONFORMED NAME: ZALE JEWELRY CO INC DATE OF NAME CHANGE: 19710510 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Breeden Partners L.P. CENTRAL INDEX KEY: 0001368419 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04129 FILM NUMBER: 11744204 BUSINESS ADDRESS: STREET 1: 100 Northfield Street CITY: Greenwich STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-0065 MAIL ADDRESS: STREET 1: 100 Northfield Street CITY: Greenwich STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BREEDEN PARTNERS (CALIFORNIA) L.P. CENTRAL INDEX KEY: 0001370407 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04129 FILM NUMBER: 11744203 BUSINESS ADDRESS: STREET 1: 100 NORTHFIELD STREET CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-0065 MAIL ADDRESS: STREET 1: 100 NORTHFIELD STREET CITY: GREENWICH STATE: CT ZIP: 06830 FORMER NAME: FORMER CONFORMED NAME: BREEDEN PARTNERS CALIFORNIA L.P. DATE OF NAME CHANGE: 20100204 FORMER NAME: FORMER CONFORMED NAME: BREEDEN PARTNERS CALIFORNIA LP DATE OF NAME CHANGE: 20060726 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Breeden Capital Management LLC CENTRAL INDEX KEY: 0001376259 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04129 FILM NUMBER: 11744205 BUSINESS ADDRESS: STREET 1: 100 NORTHFIELD STREET CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-0065 MAIL ADDRESS: STREET 1: 100 NORTHFIELD STREET CITY: GREENWICH STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Breeden Partners (Cayman) Ltd. CENTRAL INDEX KEY: 0001423996 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04129 FILM NUMBER: 11744198 BUSINESS ADDRESS: STREET 1: 100 NORTHFIELD STREET CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-0065 MAIL ADDRESS: STREET 1: 100 NORTHFIELD STREET CITY: GREENWICH STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Breeden Capital Partners LLC CENTRAL INDEX KEY: 0001423997 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04129 FILM NUMBER: 11744199 BUSINESS ADDRESS: STREET 1: 100 NORTHFIELD STREET CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-0065 MAIL ADDRESS: STREET 1: 100 NORTHFIELD STREET CITY: GREENWICH STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Breeden Partners Holdco Ltd. CENTRAL INDEX KEY: 0001423998 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04129 FILM NUMBER: 11744200 BUSINESS ADDRESS: STREET 1: 100 NORTHFIELD STREET CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-0065 MAIL ADDRESS: STREET 1: 100 NORTHFIELD STREET CITY: GREENWICH STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BREEDEN PARTNERS (CALIFORNIA) II LP CENTRAL INDEX KEY: 0001433080 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04129 FILM NUMBER: 11744202 BUSINESS ADDRESS: STREET 1: 100 NORTHFIELD STREET CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-0065 MAIL ADDRESS: STREET 1: 100 NORTHFIELD STREET CITY: GREENWICH STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BREEDEN PARTNERS (NEW YORK) I L.P. CENTRAL INDEX KEY: 0001448125 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04129 FILM NUMBER: 11744201 BUSINESS ADDRESS: STREET 1: 100 NORTHFIELD STREET CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-0065 MAIL ADDRESS: STREET 1: 100 NORTHFIELD STREET CITY: GREENWICH STATE: CT ZIP: 06830 FORMER NAME: FORMER CONFORMED NAME: BREEDEN PARTNERS (NY) I LP DATE OF NAME CHANGE: 20081017 4 1 doc1.xml FORM 4 X0303 4 2011-04-04 0 0000109156 ZALE CORP ZLC 0001376259 Breeden Capital Management LLC 100 NORTHFIELD STREET GREENWICH CT 06830 0 0 1 0 0001368419 Breeden Partners L.P. 100 NORTHFIELD STREET GREENWICH CT 06830 0 0 1 0 0001370407 BREEDEN PARTNERS (CALIFORNIA) L.P. 100 NORTHFIELD STREET GREENWICH CT 06830 0 0 1 0 0001433080 BREEDEN PARTNERS (CALIFORNIA) II LP 100 NORTHFIELD STREET GREENWICH CT 06830 0 0 1 0 0001448125 BREEDEN PARTNERS (NEW YORK) I L.P. 100 NORTHFIELD STREET GREENWICH CT 06830 0 0 1 0 0001423998 Breeden Partners Holdco Ltd. 100 NORTHFIELD STREET GREENWICH CT 06830 0 0 1 0 0001423997 Breeden Capital Partners LLC 100 NORTHFIELD STREET GREENWICH CT 06830 0 0 1 0 0001423996 Breeden Partners (Cayman) Ltd. 100 NORTHFIELD STREET GREENWICH CT 06830 0 0 1 0 Common Stock 2011-04-04 4 S 0 214272 4.2051 D 7570492 I See footnote Common Stock 2011-04-05 4 S 0 48000 4.2349 D 7522492 I See footnote (1) The shares of Common Stock beneficially owned by the Reporting Owners directly following the reported transactions are as follows: 33,686 shares by Breeden Partners L.P. (after selling 262,272 shares in the reported transactions), 4,882,668 shares by Breeden Partners (California) L.P., 743,657 shares by Breeden Partners (California) II L.P., 256,343 shares by Breeden Partners (New York) I L.P. and 1,606,138 shares by Breeden Partners Holdco Ltd (2) The shares of Common Stock beneficially owned by the Reporting Owners indirectly following the reported transactions are as follows: 1,606,138 shares by Breeden Partners (Cayman) Ltd, 5,916,354 shares by Breeden Capital Partners LLC (after indirectly selling 262,272 shares in the reported transactions), 7,522,492 shares by Richard C. Breeden (after indirectly selling 262,272 shares in the reported transactions) and 7,522,492 shares by Breeden Capital Management LLC (after indirectly selling 262,272 shares in the reported transactions); however, each such Reporting Owner disclaims beneficial ownership of such shares except to the extent of its pecuniary interest therein. (3) Richard C. Breeden is the managing member of Breeden Capital Partners, LLC, managing member and Chairman and Chief Executive of Breeden Capital Management LLC and the Key Principal of Breeden Partners (Cayman) Ltd., and, as such, may be deemed to be the indirect beneficial owner of the shares of Common Stock owned by Breeden Partners L.P., Breeden Partners (California) L.P., Breeden Partners (California) II L.P., Breeden Partners (New York) I L.P., Breeden Partners Holdco Ltd. and Breeden Partners (Cayman) Ltd.; however, he disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein (4) Breeden Capital Management LLC is principally involved in the business of providing investment advisory and investment management services to Breeden Partners L.P., Breeden Partners (California) L.P., Breeden Partners(California) II L.P., Breeden Partners (New York) I L.P., Breeden Partners Holdco Ltd. and Breeden Partners (Cayman) Ltd. (together, the "Fund") and, among other things, exercises all voting and other powers and privileges attributable to any securities held for the account of the Fund and, as such, may be deemed to be the indirect beneficial owner of the shares of Common Stock owned by the Fund; however, it disclaims beneficial ownership of such shares except to the extent of its pecuniary interest therein. (5) Breeden Capital Partners LLC is the general partner of Breeden Partners L.P., Breeden Partners (California) L.P., Breeden Partners (California) II L.P. and Breeden Partners (New York) I L.P., and, as such, may be deemed to beneficially own the shares of common stock owned by Breeden Partners L.P., Breeden Partners (California) L.P., Breeden Partners (California) II L.P. and Breeden Partners (New York) I L.P.; however it disclaims beneficial ownership of such shares except to the extent of its pecuniary interest therein. Breeden Partners (Cayman) Ltd., a Cayman Islands exempt limited company, is the feeder fund for Breeden Partners Holdco Ltd. and, as such, may be deemed to beneficially own the shares of common stock owned by Breeden Partners Holdco Ltd.; however, it disclaims beneficial ownership of such shares except to the extent of its pecuniary interest therein. /s/ Richard C. Breeden - See signatures included in Exhibit 99.1 2011-04-06 EX-99.1 2 misc1.htm MISCELLANEOUS EXHIBITS Unassociated Document
Exhibit 99.1

This Statement on Form 4 is filed by Breeden Capital Management LLC, Breeden Partners (California) LP, Breeden Partners (California) II LP, Breeden Partners (New York) I LP, Breeden Partners LP, Breeden Partners Holdco Ltd., Breeden Partners (Cayman) Ltd., Breeden Capital Partners LLC and Richard Breeden, all of which are direct or indirect 10% beneficial owners.  The principal business address of each of the Reporting Persons is 100 Northfield Street, Greenwich, Connecticut 06830.

Name of Designated Filer: Breeden Capital Management LLC

Date of Event: April 4, 2011

Issuer Name and Ticker or Trading Symbol: Zale Corporation (ZLC)

BREEDEN PARTNERS L.P.

By:  Breeden Capital Partners LLC,
        General Partner

By:  /s/ Richard C. Breeden                                                        
    Richard C. Breeden
           Managing Member


BREEDEN PARTNERS (CALIFORNIA) L.P.

By:  Breeden Capital Partners LLC,
        General Partner

By: /s/ Richard C. Breeden 
    Richard C. Breeden
        Managing Member


BREEDEN PARTNERS (CALIFORNIA) II L.P.

By:  Breeden Capital Partners LLC,
        General Partner

By:  /s/ Richard C. Breeden 
    Richard C. Breeden
        Managing Member


 
 
 


 



BREEDEN PARTNERS (NEW YORK) I L.P.

By:  Breeden Capital Partners LLC,
        General Partner

By:  /s/ Richard C. Breeden 
    Richard C. Breeden
        Managing Member


BREEDEN PARTNERS HOLDCO LTD.

By:  /s/ Richard C. Breeden 
          Richard C. Breeden
          Key Principal


BREEDEN CAPITAL PARTNERS LLC

By:  /s/ Richard C. Breeden 
    Richard C. Breeden
        Managing Member


BREEDEN CAPITAL MANAGEMENT LLC

By:  /s/ Richard C. Breeden 
    Richard C. Breeden
        Managing Member


BREEDEN PARTNERS (CAYMAN) LTD.

By:  /s/ Richard C. Breeden 
          Richard C. Breeden
          Key Principal

/s/ Richard C. Breeden 
          Richard C. Breeden