424B3 1 h91688b3e424b3.txt THE SHAW GROUP INC. - 424(B)(3) - 333-62978 Filed pursuant to Rule 424(b)(3) Registration No. 333-62978 THE SHAW GROUP INC. LIQUID YIELD OPTION(TM) NOTES DUE 2021 (ZERO COUPON -- SENIOR) AND COMMON STOCK, NO PAR VALUE PROSPECTUS SUPPLEMENT NO. 8 DATED OCTOBER 30, 2001 TO PROSPECTUS DATED JULY 12, 2001 ----------------- The section titled "Selling Securityholders" on page 31 of the prospectus dated July 12, 2001 is amended in its entirety by this Prospectus Supplement No. 8 to read as follows. SELLING SECURITYHOLDERS The LYONs, and any shares of our common stock issued upon conversion of the LYONs, are being offered by the selling securityholders listed in the table below. We issued and sold the LYONs in a private placement to Merrill Lynch. The selling securityholders purchased their LYONs from Merrill Lynch or from subsequent holders in transactions exempt from registration under the Securities Act. Only the LYONs and those shares of common stock issued to the selling securityholders upon conversion of their LYONs are being offered by the selling securityholders named in this prospectus. This prospectus will not cover sales of common stock received upon conversion of LYONs purchased from a selling securityholder named in this prospectus. No offer or sale under this prospectus may be made by a securityholder unless that holder is listed in the table below, in a supplement to this prospectus or in an amendment to the related registration statement that has become effective. We will supplement or amend this prospectus to include additional selling security holders upon request and upon provision of all required information to us, subject to the terms of the Registration Rights Agreement dated as of May 1, 2001 between The Shaw Group Inc. and Merrill Lynch. The following table sets forth, the name of each selling securityholder, the nature of any position, office, or other material relationship which the selling securityholder has had, within the past three years, with us or with any of our predecessors or affiliates, the amount of LYONs and shares of our common stock beneficially owned by such securityholder prior to the offering, the amount to be offered for the security holder's account and the amount to be owned by such security holder after completion of the offering. We prepared the table based on information supplied to us by the selling securityholders. We have not sought to verify such information. Additionally, some or all of the selling securityholders may have sold or transferred some or all of their LYONs, in transactions exempt from the registration requirements of the Securities Act, or some or all of their shares of our common stock, in exempt or non-exempt transactions, since the date on which the information in the table was provided to us. Other information about the selling securityholders may also change over time.
PRINCIPAL AMOUNT PRINCIPAL AT MATURITY NUMBER OF NUMBER OF AMOUNT PRINCIPAL OF LYONS TO SHARES NUMBER OF SHARES AT MATURITY OF AMOUNT BE OWNED OF COMMON SHARES OF COMMON LYONS AT MATURITY AFTER STOCK OF COMMON STOCK TO BE BENEFICIALLY OF LYONS COMPLETION BENEFICIALLY STOCK BEING OWNED AFTER OWNED PRIOR TO BEING OFFERED OF THE OWNED PRIOR TO OFFERED COMPLETION OF NAME THE OFFERING HEREBY OFFERING THE OFFERING(1) HEREBY THE OFFERING -------------------------------------------------------------------------------------------------------------------------- Alpha U.S. Sub Fund VIII, LLC.... $2,250,000 $2,250,000 - 18,672 18,672 - Aftra Health Fund................ $190,000 $190,000 - 1,577 1,577 - Allstate Insurance Company....... $2,550,000 $2,550,000 - 43,662 21,162 22,500 Allstate Life Insurance Company.. $2,850,000 $2,850,000 - 46,152 23,652 22,500 Amaranth Securities L.L.C........ $15,000,000 $15,000,000 - 139,382 124,482 14,900 Argent Classic Convertible Arbitrage Fund (Bermuda), Ltd.... $5,000,000 $5,000,000 - 41,494 41,494 - Arkansas Teachers Retirement..... $7,407,000 $7,407,000 - 61,469 61,469 - Banc of America Securities LLC... $15,000,000 $15,000,000 - 124,482 124,482 - Bank Austria Cayman Island, Ltd.. $3,500,000 $3,500,000 - 29,046 29,046 - Baptist Health of South Florida.. $926,000 $926,000 - 7,685 7,685 - Barclays Capital Securities...... $12,200,000 $12,200,000 - 101,245 101,245 - Bear, Stearns & Co. Inc.......... $5,000,000 $5,000,000 - 41,494 41,494 - Black Diamond Offshore LTD....... $1,019,000 $1,019,000 - 8,456 8,456 - Boston Museum of Fine Art........ $98,000 $98,000 - 813 813 - Canyon Capital Arbitrage Master Hedge Fund, Ltd.................. $3,000,000 $3,000,000 - 24,896 24,896 - Canyon Value Realization Fund (Cayman), Ltd................... $12,750,000 $12,750,000 - 105,810 105,810 - CFFX, LLC........................ $10,000,000 $10,000,000 - 82,988 82,988 - Cheyne Capital Management Limited......................... $10,000,000 $10,000,000 - 82,988 82,988 - CIBC World Markets............... $11,000,000 $11,000,000 - 91,287 91,287 - Credit Suisse First Boston Corporation...................... $2,000,000 $2,000,000 - 16,598 16,598 - D.E. Shaw Investments, L.P....... $5,000,000 $5,000,000 - 41,494 41,494 - D.E. Shaw Valence, L.P........... $20,000,000 $20,000,000 - 165,976 165,976 - Deephaven Domestic Convertible Trading Ltd...................... $59,570,000 $59,570,000 - 494,360 494,360 - Deutsche Banc Alex Brown Inc..... $55,000,000 $55,000,000 - 456,434 456,434 - Double Black Diamond Offshore LDC.............................. $4,722,000 $4,722,000 - 39,187 39,187 - Engineers Joint Pension Fund..... $895,000 $895,000 - 7,427 7,427 - Enterprise Convertible Securities Fund.................. $259,000 $259,000 - 2,149 2,149 - First Union Securities, Inc./Bank Trading................ $41,185,000 $41,185,000 - 341,786 341,786 - Forest Fulcrum Fund L.P.......... $1,120,000 $1,120,000 - 9,295 9,295 - Forest Global Convertible Fund A.S.............................. $6,205,000 $6,205,000 - 51,494 51,494 - Gaia Offshore Master Fund Ltd.... $20,000,000 $20,000,000 - 165,976 165,976 - Goldman Sachs and Company........ $5,250,000 $5,250,000 - 43,569 43,569 - Gulf Investment Corporation...... $550,000 $550,000 - 4,564 4,564 - HBK Master Fund L.P.............. $34,500,000 $34,500,000 - 286,309 286,309 - Innovest Finanzdienstleistungs... $1,172,000 $1,172,000 - 9,726 9,726 - JMG Capital Partners L.P......... $11,250,000 $11,250,000 - 93,362 93,362 - JMG Triton Offshore Fund Ltd..... $12,750,000 $12,750,000 - 105,810 105,810 - KBC Financial Products (Cayman Islands) Limited................. $20,000,000 $20,000,000 - 165,976 165,976 - KBC Financial Products USA Inc... $10,000,000 $10,000,000 - 82,988 82,988 - LDG Limited...................... $500,000 $500,000 - 4,149 4,149 - Lumbermens....................... $927,000 $927,000 - 7,693 7,693 -
PRINCIPAL AMOUNT PRINCIPAL AT MATURITY NUMBER OF NUMBER OF AMOUNT PRINCIPAL OF LYONS TO SHARES NUMBER OF SHARES AT MATURITY OF AMOUNT BE OWNED OF COMMON SHARES OF COMMON LYONS AT MATURITY AFTER STOCK OF COMMON STOCK TO BE BENEFICIALLY OF LYONS COMPLETION BENEFICIALLY STOCK BEING OWNED AFTER OWNED PRIOR TO BEING OFFERED OF THE OWNED PRIOR TO OFFERED COMPLETION OF NAME THE OFFERING HEREBY OFFERING THE OFFERING(1) HEREBY THE OFFERING -------------------------------------------------------------------------------------------------------------------------- Mainstay Convertible Fund........ $920,000 $920,000 - 7,635 7,635 - Mainstay VP Convertible Portfolio........................ $760,000 $760,000 - 6,307 6,307 - McMahan Securities Co. L.P....... $2,550,000 $2,550,000 - 21,162 21,162 - Merrill Lynch, Pierce, Fenner & Smith, Inc....................... $8,325,000 $8,325,000 - 69,088 69,088 - Merrill Lynch Quantitative Advisors Convertible Securities Arbitrage LTD.................... $36,500,000 $36,500,000 - 302,906 302,906 - Morgan Stanley & Co.............. $20,050,000 $20,050,000 - 166,391 166,391 - Motion Picture Industry.......... $1,045,000 $1,045,000 - 8,672 8,672 - New York Life Separate Account #7....................... $130,000 $130,000 - 1,079 1,079 - Newport Investments, Inc......... $6,000,000 $6,000,000 - 49,793 49,793 - Nicholas Applegate Convertible Fund............................. $2,746,000 $2,746,000 - 22,789 22,789 - Nomura Securities................ $10,250,000 $10,250,000 - 89,531 85,063 4,468 Pacific Life Insurance Company... $1,000,000 $1,000,000 - 8,299 8,299 - Paloma Securities L.L.C.......... $15,000,000 $15,000,000 - 140,182 124,482 15,700 Physicians Life.................. $707,000 $707,000 - 5,867 5,867 - R2 Investments, LDC.............. $31,500,000 $31,500,000 - 261,412 261,412 - RCG Latitude Master Fund......... $1,000,000 $1,000,000 - 8,299 8,299 - Royal Bank of Canada(2).......... $11,000,000 $11,000,000 - 96,987 91,287 5,700 San Diego City Retirement........ $1,715,000 $1,715,000 - 14,232 14,232 - San Diego County Convertible..... $3,484,000 $3,484,000 - 28,913 28,913 - Screen Actors Guild.............. $960,000 $960,000 - 7,967 7,967 - SG Cowen Securities Corporation.. $35,000,000 $35,000,000 - 290,458 290,458 - Susquehanna Capital Group........ $5,900,000 $5,900,000 - 48,963 48,963 - Sylvan IMA Ltd................... $590,000 $590,000 - 4,896 4,896 - TD Securities (USA), Inc.(3)..... $44,500,000 $44,500,000 - 369,297 369,297 - TQA Master Fund, Ltd............. $8,000,000 $8,000,000 - 66,390 66,390 - TQA Master Plus Fund, Ltd........ $7,500,000 $7,500,000 - 62,241 62,241 - UBK AM Arbitrage Fund............ $500,000 $500,000 - 4,149 4,149 - UBK AM Global High Yield Fund, Ltd.............................. $500,000 $500,000 - 4,149 4,149 - UBS AG London Branch............. $92,500,000 $92,500,000 - 767,639 767,639 - UBS O'Connor LLC F/B/O UBS Global Equity Arbitrage Master Ltd.............................. $35,000,000 $35,000,000 - 290,458 290,458 - UBS Warburg LLC.................. $8,600,000 $8,600,000 - 71,370 71,370 - Value Realization Fund, LP....... $6,750,000 $6,750,000 - 56,017 56,017 - Wake Forest University........... $1,389,000 $1,389,000 - 11,527 11,527 - White River Securities L.L.C..... $7,000,000 $7,000,000 - 58,092 58,092 - Worldwide Transactions Ltd....... $259,000 $259,000 - 2,149 2,149 - Writers Guild.................... $560,000 $560,000 - 4,647 4,647 - Wyoming State Treasurer.......... $1,943,000 $1,943,000 - 16,125 16,125 - Zola Partners L.P................ $900,000 $900,000 - 7,469 7,469 -
-------------------------------- (1) The stated amounts, to the extent they describe common stock issuable upon conversion of the holder's LYONs, assume conversion of all of the holders' LYONs at a conversion price of 8.2988 shares of our common stock per $1,000 principal amount at maturity of the LYONs. This conversion price, however, will be subject to adjustment as described under "Description of the LYONs - Conversion Rights" in our prospectus dated July 12, 2001. As a result, the number of shares of our common stock issuable upon conversion of the LYONs and, therefore, attributable to holders of LYONs, may increase or decrease in the future (2) John Sinders, Jr., a Shaw director, is employed by a wholly owned subsidiary of the Royal Bank of Canada. (3) TD Securities has an ongoing lending relationship with Shaw Communications, Inc.