SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Li David Hui

(Last) (First) (Middle)
C/O WARBURG PINCUS LLC
466 LEXINGTON AVENUE

(Street)
NEW YORK NY 10017

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/08/2010
3. Issuer Name and Ticker or Trading Symbol
Synutra International, Inc. [ SYUT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.0001 per share (??Common Stock??) 4,000,000 I See footnotes(1)(2)(3)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Senior Exchangeable Note 10/31/2008 04/23/2011 Common Stock 1,000,000(4) $30(4) I See footnotes(1)(2)(3)
Explanation of Responses:
1. Warburg Pincus Private Equity IX, L.P., a Delaware limited partnership ("WP IX"), is the holder of (a) 4,000,000 shares of Common Stock, and (b) a Senior Exchangeable Note, dated April 23, 2008 (the "Note"), issued by Beams Power Investment Limited, a British Virgin Islands limited liability company ("Beams Power"), to WP IX, which is exchangeable for 1,000,000 shares of Common Stock held by Beams Power (see footnote 4). Warburg Pincus IX LLC, a New York limited liability company ("WP IX LLC"), is the sole general partner of WP IX; Warburg Pincus Partners LLC, a New York limited liability company ("WPP LLC"), is the sole member of WP IX LLC; and Warburg Pincus & Co., a New York general partnership ("WP"), is the managing member of WPP LLC.
2. Warburg Pincus LLC, a New York limited liability company ("WP LLC"), manages WP IX. As a Member and Managing Director of WP LLC, Mr. David Hui Li may be deemed a beneficial owner of the Common Stock held by WP IX and the Note held by WP IX.
3. Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934, as amended, Mr. David Hui Li herein states that this filing shall not be deemed an admission that he is the beneficial owner of any of the shares of Common Stock held by WP IX or the Note held by WP IX. Mr. Li disclaims beneficial ownership of such shares of Common Stock and the Note, except to the extent of his pecuniary interest in such shares of Common Stock and in the Note.
4. The principal amount of the Note is $30,000,000 and is exchangeable at a rate of $30.00 per share of Common Stock.
Remarks:
Exhibit List Exhibit 24.1 - Power of Attorney
/s/ David Hui Li 02/14/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.