-----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, WeUP6NHzWDiWxJzdtjHVtIwqE2/s1amRenTZoMucJl7CF8jmEGe83KVSijePALXL xFgJvl/CYpIOFx5W+cuoHQ== 0001104659-08-064674.txt : 20081017 0001104659-08-064674.hdr.sgml : 20081017 20081017172445 ACCESSION NUMBER: 0001104659-08-064674 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20081017 DATE AS OF CHANGE: 20081017 GROUP MEMBERS: WILLIAM H. GATES III SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WESTERN ASSET CLAYMORE INFLATION-LINKED SECURITIES & INCOME FUND CENTRAL INDEX KEY: 0001254370 IRS NUMBER: 260066992 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81249 FILM NUMBER: 081130116 BUSINESS ADDRESS: STREET 1: 385 EAST COLORADO BLVD CITY: PASADENA STATE: CA ZIP: 91101 BUSINESS PHONE: 6268449400 MAIL ADDRESS: STREET 1: 385 EAST COLORADO BLVD CITY: PASADENA STATE: CA ZIP: 91101 FORMER COMPANY: FORMER CONFORMED NAME: WESTERN ASSET CLAYMORE US TREASURY INFLATION PRO SECU FUND DATE OF NAME CHANGE: 20030903 FORMER COMPANY: FORMER CONFORMED NAME: WESTERN ASSET/CLAYMORE INFLATION-PROTECTED SECURITIES FUND DATE OF NAME CHANGE: 20030715 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CASCADE INVESTMENT LLC CENTRAL INDEX KEY: 0001052192 IRS NUMBER: 911680459 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 2365 CARILLON POINT CITY: KIRKLAND STATE: WA ZIP: 98033 BUSINESS PHONE: 4258030720 MAIL ADDRESS: STREET 1: 2365 CARILLON POINT CITY: KIRKLAND STATE: WA ZIP: 98033 SC 13D/A 1 a08-26361_1sc13da.htm SC 13D/A

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

 

SCHEDULE 13D

 

 

Under the Securities Exchange Act of 1934
(Amendment No. 5)*

 

Western Asset/Claymore Inflation-Linked Securities & Income Fund

(Name of Issuer)

 

Common Shares of Beneficial Interest Without Par Value

(Title of Class of Securities)

 

95766Q106

(CUSIP Number)

 

 

 

Laurie Smiley, Esq.

Matthew S. Topham, Esq.

 

Arian Colachis, Esq.

K & L Gates LLP

 

Cascade Investment, L.L.C.

925 Fourth Avenue, Suite 2900

 

2365 Carillon Point

Seattle, Washington 98104

 

Kirkland, WA 98033

(206) 623-7580

 

(425) 889-7900

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

October 14, 2008

(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §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).

 



 

CUSIP No.   95766Q106

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Cascade Investment, L.L.C.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
State of Washington

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
4,224,510*

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
4,224,510*

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
4,224,510*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
14.49%

 

 

14.

Type of Reporting Person (See Instructions)
OO

 


*All Common Shares held by Cascade Investment, L.L.C. (“Cascade”) may be deemed to be beneficially owned by William H. Gates III as the sole member of Cascade.  Michael Larson, the Business Manager of Cascade, has voting and investment power with respect to the Common Shares held by Cascade.  Mr. Larson disclaims any beneficial ownership of the Common Shares beneficially owned by Cascade and Mr. Gates.

 

2



 

CUSIP No.   95766Q106

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
William H. Gates III

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
United States of America

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
4,224,510*

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
4,224,510*

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
4,224,510*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
14.49%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 


*All Common Shares held by Cascade may be deemed to be beneficially owned by William H. Gates III as the sole member of Cascade.  Michael Larson, the Business Manager of Cascade, has voting and investment power with respect to the Common Shares held by Cascade.  Mr. Larson disclaims any beneficial ownership of the Common Shares beneficially owned by Cascade and Mr. Gates.

 

3



 

EXPLANATORY NOTE

 

This Amendment No. 5 to Schedule 13D (“Amendment”) relates to the Common Shares of Beneficial Interest without par value (the “Common Shares”) of Western Asset/Claymore Inflation-Linked Securities and Income Fund (the “Issuer”).  This Amendment is filed to amend and supplement the Items set forth below of the Reporting Persons’ Schedule 13D previously filed with the Securities and Exchange Commission on January 3, 2006, as amended on April 19, 2006, June 18, 2008, July 7, 2008 and July 17, 2008.

 

Item 3.    Source and Amount of Funds or Other Consideration

 

From July 17, 2008 through October 16, 2008, Cascade purchased 310,710 Common Shares for an aggregate purchase price of $3,195,598.01.  Cascade purchased the Common Shares with its working capital. Cascade did not purchase any Common Shares with borrowed funds.

 

Item 5.    Interest in Securities of Issuer

 

(a)  See items 11 and 13 of the cover pages to this Schedule 13D for the aggregate number of shares and percentage of Common Shares beneficially owned by each of the Reporting Persons.

 

(b)  See items 7 through 10 of the cover pages to this Schedule 13D for the number of Common Shares beneficially owned by each of the Reporting Persons as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote and sole or shared power to dispose or to direct the disposition.

 

(c)  From July 17, 2008 through October 16, 2008, Cascade purchased a total of 310,710 Common Shares for cash in open market transactions on the dates and at the price per share set forth on Exhibit 99.1, which is attached hereto and incorporated herein by reference.

 

(d)  Except as set forth in this Schedule 13D, to the knowledge of the Reporting Persons, no person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, securities covered by this Schedule 13D.

 

(e)  Not applicable.

 

Item 7.    Material to Be Filed as Exhibits

 

Exhibit

 

Description

99.1

 

Dates and prices of purchases of Common Shares during period July 17, 2008 through October 16, 2008

 

4



 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

Date: October 17, 2008

 

 

 

 

 

 

CASCADE INVESTMENT, L.L.C.(1)

 

 

 

 

By:

/s/ Michael Larson

 

 

Name: Michael Larson

 

 

Title: Business Manager

 

 

 

 

WILLIAM H. GATES III(1)

 

 

 

 

By:

/s/ Michael Larson

 

 

Name: Michael Larson(2)

 

 

Title: Attorney-in-fact

 


(1) This amendment is being filed jointly by Cascade Investment, L.L.C. and William H. Gates III pursuant to the Joint Filing Agreement dated January 3, 2006 and included with the signature page to the initial Schedule 13D with respect to Western Asset/Claymore Inflation-Linked Securities & Income Fund (formerly known as Western Asset/Claymore U.S. Treasury Inflation Protected Securities Fund) filed on January 3, 2006, SEC File No. 005-77986, and incorporated by reference herein.

 

(2) Duly authorized under Special Power of Attorney appointing Michael Larson attorney-in-fact, dated February 3, 2006, by and on behalf of William H. Gates III, filed as Exhibit 99.1 to Cascade Investment, L.L.C.’s Amendment No. 2 to Schedule 13G with respect to Arch Capital Group Ltd. on March 7, 2006, SEC File No. 005-45257, and incorporated by reference herein.

 

5


EX-99.1 2 a08-26361_1ex99d1.htm EX-99.1

Exhibit 99.1

 

The following table sets forth the acquisitions of Common Shares by Cascade from July 17, 2008 through October 16, 2008. All of the acquisitions were affected on the New York Stock Exchange through brokers.

 

Purchase Date

 

Number of Shares Purchased

 

Price Per Share

 

7/17/2008

 

800

 

$

12.410

 

7/17/2008

 

4200

 

$

12.430

 

9/19/2008

 

3,300

 

$

10.300

 

9/19/2008

 

100

 

$

10.460

 

9/19/2008

 

100

 

$

10.510

 

9/19/2008

 

2,400

 

$

10.540

 

9/19/2008

 

400

 

$

10.570

 

9/19/2008

 

1,400

 

$

10.610

 

9/19/2008

 

300

 

$

10.630

 

9/19/2008

 

200

 

$

10.640

 

9/19/2008

 

200

 

$

10.680

 

9/19/2008

 

500

 

$

10.690

 

9/19/2008

 

200

 

$

10.730

 

9/19/2008

 

600

 

$

10.740

 

9/19/2008

 

1,000

 

$

10.750

 

9/19/2008

 

300

 

$

10.760

 

9/19/2008

 

1,300

 

$

10.770

 

9/19/2008

 

600

 

$

10.780

 

9/19/2008

 

400

 

$

10.790

 

9/19/2008

 

3,012

 

$

10.800

 

9/19/2008

 

100

 

$

10.840

 

9/19/2008

 

200

 

$

10.850

 

9/19/2008

 

700

 

$

10.880

 

9/19/2008

 

800

 

$

10.890

 

9/19/2008

 

1,888

 

$

10.900

 

9/22/2008

 

100

 

$

10.790

 

9/22/2008

 

500

 

$

10.800

 

9/22/2008

 

800

 

$

10.810

 

9/22/2008

 

1,600

 

$

10.820

 

9/22/2008

 

800

 

$

10.830

 

9/22/2008

 

3,300

 

$

10.840

 

9/22/2008

 

1,500

 

$

10.850

 

9/22/2008

 

200

 

$

10.860

 

9/22/2008

 

100

 

$

10.870

 

9/22/2008

 

300

 

$

10.880

 

9/22/2008

 

700

 

$

10.890

 

9/22/2008

 

301

 

$

10.900

 

9/22/2008

 

299

 

$

10.910

 

9/22/2008

 

100

 

$

10.930

 

9/22/2008

 

400

 

$

10.940

 

9/23/2008

 

360

 

$

10.760

 

9/23/2008

 

2,865

 

$

10.790

 

9/23/2008

 

3,040

 

$

10.800

 

9/23/2008

 

1,000

 

$

10.810

 

9/23/2008

 

3,735

 

$

10.820

 

9/24/2008

 

700

 

$

10.810

 

9/24/2008

 

9,200

 

$

10.820

 

9/24/2008

 

1,100

 

$

10.830

 

9/24/2008

 

1,000

 

$

10.850

 

9/25/2008

 

100

 

$

10.780

 

9/25/2008

 

400

 

$

10.790

 

 



 

Purchase Date

 

Number of Shares Purchased

 

Price Per Share

 

9/25/2008

 

2,100

 

$

10.800

 

9/25/2008

 

1,000

 

$

10.820

 

9/25/2008

 

783

 

$

10.840

 

9/25/2008

 

717

 

$

10.850

 

9/25/2008

 

900

 

$

10.870

 

9/26/2008

 

2,680

 

$

10.760

 

9/26/2008

 

9,900

 

$

10.770

 

9/26/2008

 

2,420

 

$

10.780

 

9/29/2008

 

3,000

 

$

10.450

 

9/29/2008

 

400

 

$

10.460

 

9/29/2008

 

100

 

$

10.470

 

9/29/2008

 

2,500

 

$

10.490

 

9/29/2008

 

3,000

 

$

10.500

 

9/29/2008

 

7,000

 

$

10.520

 

9/29/2008

 

800

 

$

10.540

 

9/29/2008

 

1,147

 

$

10.550

 

9/29/2008

 

500

 

$

10.555

 

9/29/2008

 

5,553

 

$

10.560

 

9/29/2008

 

5,500

 

$

10.570

 

9/29/2008

 

1,300

 

$

10.580

 

9/29/2008

 

1,200

 

$

10.650

 

9/29/2008

 

2,000

 

$

10.680

 

9/29/2008

 

2,000

 

$

10.730

 

9/30/2008

 

1,100

 

$

10.500

 

9/30/2008

 

7,100

 

$

10.510

 

9/30/2008

 

6,000

 

$

10.520

 

10/1/2008

 

7,570

 

$

10.600

 

10/1/2008

 

2,738

 

$

10.620

 

10/1/2008

 

8,192

 

$

10.630

 

10/2/2008

 

3,200

 

$

10.620

 

10/2/2008

 

1,300

 

$

10.630

 

10/2/2008

 

700

 

$

10.640

 

10/2/2008

 

810

 

$

10.650

 

10/2/2008

 

216

 

$

10.680

 

10/2/2008

 

584

 

$

10.690

 

10/3/2008

 

400

 

$

10.600

 

10/3/2008

 

800

 

$

10.620

 

10/3/2008

 

9,300

 

$

10.630

 

10/3/2008

 

11,500

 

$

10.640

 

10/3/2008

 

4,100

 

$

10.650

 

10/3/2008

 

3,300

 

$

10.660

 

10/3/2008

 

3,700

 

$

10.670

 

10/3/2008

 

1,900

 

$

10.700

 

10/6/2008

 

2,700

 

$

10.160

 

10/6/2008

 

500

 

$

10.170

 

10/6/2008

 

2,300

 

$

10.190

 

10/6/2008

 

801

 

$

10.220

 

10/6/2008

 

5,292

 

$

10.230

 

10/6/2008

 

1,500

 

$

10.240

 

10/6/2008

 

2,607

 

$

10.250

 

10/6/2008

 

2,000

 

$

10.260

 

 



 

Purchase Date

 

Number of Shares Purchased

 

Price Per Share

 

10/6/2008

 

900

 

$

10.270

 

10/6/2008

 

1,400

 

$

10.310

 

10/10/2008

 

1,324

 

$

8.600

 

10/10/2008

 

5,000

 

$

8.620

 

10/10/2008

 

5,000

 

$

8.650

 

10/10/2008

 

5,000

 

$

8.680

 

10/10/2008

 

5,000

 

$

8.700

 

10/10/2008

 

5,000

 

$

8.750

 

10/10/2008

 

3,000

 

$

8.850

 

10/10/2008

 

900

 

$

8.870

 

10/10/2008

 

776

 

$

8.880

 

10/10/2008

 

1,000

 

$

8.900

 

10/10/2008

 

3,000

 

$

8.970

 

10/10/2008

 

2,000

 

$

8.980

 

10/10/2008

 

5,000

 

$

9.000

 

10/13/2008

 

700

 

$

9.470

 

10/13/2008

 

5,565

 

$

9.530

 

10/13/2008

 

3,100

 

$

9.570

 

10/13/2008

 

5,700

 

$

9.600

 

10/13/2008

 

1,735

 

$

9.610

 

10/13/2008

 

300

 

$

9.620

 

10/13/2008

 

13,213

 

$

9.630

 

10/13/2008

 

1,300

 

$

9.640

 

10/13/2008

 

1,287

 

$

9.650

 

10/13/2008

 

300

 

$

9.670

 

10/13/2008

 

2,000

 

$

9.680

 

10/13/2008

 

3,700

 

$

9.720

 

10/13/2008

 

300

 

$

9.770

 

10/13/2008

 

100

 

$

9.780

 

10/13/2008

 

500

 

$

9.820

 

10/13/2008

 

100

 

$

9.830

 

10/13/2008

 

100

 

$

9.850

 

10/13/2008

 

100

 

$

9.870

 

10/13/2008

 

100

 

$

9.890

 

10/14/2008

 

300

 

$

9.750

 

10/14/2008

 

400

 

$

9.860

 

10/14/2008

 

300

 

$

9.870

 

10/14/2008

 

300

 

$

9.950

 

10/14/2008

 

3,200

 

$

9.970

 

10/14/2008

 

1,343

 

$

9.990

 

10/14/2008

 

2,157

 

$

10.000

 

10/14/2008

 

600

 

$

10.060

 

10/14/2008

 

2,400

 

$

10.070

 

10/15/2008

 

500

 

$

9.750

 

10/15/2008

 

1,800

 

$

9.940

 

10/15/2008

 

500

 

$

9.950

 

10/15/2008

 

1,700

 

$

9.960

 

10/15/2008

 

100

 

$

9.970

 

10/15/2008

 

100

 

$

9.980

 

10/15/2008

 

100

 

$

9.990

 

10/15/2008

 

1,000

 

$

10.000

 

 



 

Purchase Date

 

Number of Shares Purchased

 

Price Per Share

 

10/15/2008

 

200

 

$

10.020

 

10/15/2008

 

500

 

$

10.050

 

10/15/2008

 

100

 

$

10.060

 

10/15/2008

 

100

 

$

10.070

 

10/15/2008

 

300

 

$

10.080

 

 


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