SPECTRUM BRANDS, INC.
|
||
(Name of Issuer)
|
||
COMMON STOCK (PAR VALUE $0.01 PER SHARE)
|
||
(Title of Class of Securities)
|
||
84762L204 | ||
(CUSIP Number)
|
||
PHILIP FALCONE
450 PARK AVENUE, 30TH FLOOR
NEW YORK, NEW YORK 10022
(212) 339-5888
|
||
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
|
||
March 30, 2010
|
||
(Date of Event which Requires Filing of this Statement)
|
CUSIP No. 84762L204
|
Page 1 of 15 Pages
|
1
|
NAME OF REPORTING PERSON
Harbinger Capital Partners Master Fund I, Ltd.
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) x
|
||
3
|
SEC USE ONLY
|
|||
4
|
SOURCE OF FUNDS
WC
|
|||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
8
9
10
|
SOLE VOTING POWER
-0-
SHARED VOTING POWER
8,788,253
SOLE DISPOSITIVE POWER
-0-
SHARED DISPOSITIVE POWER
8,788,253
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,788,253
|
|||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
|
o
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
28.69%
|
|||
14
|
TYPE OF REPORTING PERSON
CO
|
CUSIP No. 84762L204
|
Page 2 of 15 Pages
|
1
|
NAME OF REPORTING PERSON
Harbinger Capital Partners LLC
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) x
|
||
3
|
SEC USE ONLY
|
|||
4
|
SOURCE OF FUNDS
AF
|
|||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
8
9
10
|
SOLE VOTING POWER
-0-
SHARED VOTING POWER
8,788,253
SOLE DISPOSITIVE POWER
-0-
SHARED DISPOSITIVE POWER
8,788,253
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,788,253
|
|||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
|
o
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
28.69%
|
|||
14
|
TYPE OF REPORTING PERSON
CO
|
CUSIP No. 84762L204
|
Page 3 of 15 Pages
|
1
|
NAME OF REPORTING PERSON
Harbinger Capital Partners Special Situations Fund, L.P.
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) x
|
||
3
|
SEC USE ONLY
|
|||
4
|
SOURCE OF FUNDS
WC
|
|||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
8
9
10
|
SOLE VOTING POWER
-0-
SHARED VOTING POWER
1,911,716
SOLE DISPOSITIVE POWER
-0-
SHARED DISPOSITIVE POWER
1,911,716
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,911,716
|
|||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
|
o
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.24%
|
|||
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP No. 84762L204
|
Page 4 of 15 Pages
|
1
|
NAME OF REPORTING PERSON
Harbinger Capital Partners Special Situations GP, LLC
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) x
|
||
3
|
SEC USE ONLY
|
|||
4
|
SOURCE OF FUNDS
AF
|
|||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
8
9
10
|
SOLE VOTING POWER
-0-
SHARED VOTING POWER
1,911,716
SOLE DISPOSITIVE POWER
-0-
SHARED DISPOSITIVE POWER
1,911,716
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,911,716
|
|||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
|
o
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.24%
|
|||
14
|
TYPE OF REPORTING PERSON
CO
|
CUSIP No. 84762L204
|
Page 5 of 15 Pages
|
1
|
NAME OF REPORTING PERSON
Global Opportunities Breakaway Ltd.
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) x
|
||
3
|
SEC USE ONLY
|
|||
4
|
SOURCE OF FUNDS
OO
|
|||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
8
9
10
|
SOLE VOTING POWER
-0-
SHARED VOTING POWER
1,453,850
SOLE DISPOSITIVE POWER
-0-
SHARED DISPOSITIVE POWER
1,453,850
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,453,850
|
|||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
|
o
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.75%
|
|||
14
|
TYPE OF REPORTING PERSON
CO
|
CUSIP No. 84762L204
|
Page 6 of 15 Pages
|
1
|
NAME OF REPORTING PERSON
Harbinger Capital Partners II LP
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) x
|
||
3
|
SEC USE ONLY
|
|||
4
|
SOURCE OF FUNDS
AF
|
|||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
8
9
10
|
SOLE VOTING POWER
-0-
SHARED VOTING POWER
1,453,850
SOLE DISPOSITIVE POWER
-0-
SHARED DISPOSITIVE POWER
1,453,850
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,453,850
|
|||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
|
o
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.75%
|
|||
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP No. 84762L204
|
Page 7 of 15 Pages
|
1
|
NAME OF REPORTING PERSON
Harbinger Capital Partners II GP LLC
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) x
|
||
3
|
SEC USE ONLY
|
|||
4
|
SOURCE OF FUNDS
AF
|
|||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
8
9
10
|
SOLE VOTING POWER
-0-
SHARED VOTING POWER
1,453,850
SOLE DISPOSITIVE POWER
-0-
SHARED DISPOSITIVE POWER
1,453,850
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,453,850
|
|||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
|
o
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.75%
|
|||
14
|
TYPE OF REPORTING PERSON
CO
|
CUSIP No. 84762L204
|
Page 8 of 15 Pages
|
1
|
NAME OF REPORTING PERSON
Harbinger Holdings, LLC
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) x
|
||
3
|
SEC USE ONLY
|
|||
4
|
SOURCE OF FUNDS
AF
|
|||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
8
9
10
|
SOLE VOTING POWER
-0-
SHARED VOTING POWER
10,699,969
SOLE DISPOSITIVE POWER
-0-
SHARED DISPOSITIVE POWER
10,699,969
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,699,969
|
|||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
|
o
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
34.93%
|
|||
14
|
TYPE OF REPORTING PERSON
CO
|
CUSIP No. 84762L204
|
Page 9 of 15 Pages
|
1
|
NAME OF REPORTING PERSON
Philip Falcone
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) x
|
||
3
|
SEC USE ONLY
|
|||
4
|
SOURCE OF FUNDS
AF
|
|||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
8
9
10
|
SOLE VOTING POWER
-0-
SHARED VOTING POWER
12,153,819
SOLE DISPOSITIVE POWER
-0-
SHARED DISPOSITIVE POWER
12,153,819
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,153,819
|
|||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
|
o
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.68%
|
|||
14
|
TYPE OF REPORTING PERSON
IN
|
CUSIP No. 84762L204
|
Page 10 of 15 Pages
|
CUSIP No. 84762L204
|
Page 11 of 15 Pages
|
CUSIP No. 84762L204
|
Page 12 of 15 Pages
|
CUSIP No. 84762L204
|
Page 13 of 15 Pages
|
|
Exhibit M:
|
Stock Purchase Agreement
|
|
Exhibit N:
|
Transactions in the Shares
|
|
Exhibit O:
|
Joint Filing Agreement
|
CUSIP No. 84762L204
|
Page 14 of 15 Pages
|
HARBINGER CAPITAL PARTNERS
MASTER FUND I, LTD.
|
|||
By:
|
Harbinger Capital Partners LLC
|
||
By:
|
Harbinger Holdings, LLC, Manager
|
||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
HARBINGER CAPITAL PARTNERS LLC
|
|||
By:
|
Harbinger Holdings, LLC, Manager
|
||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P.
|
|||
By:
|
Harbinger Capital Partners Special Situations GP, LLC
|
||
By:
|
Harbinger Holdings, LLC, Managing Member
|
||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS GP, LLC
|
|||
By:
|
Harbinger Holdings, LLC, Managing Member
|
||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
CUSIP No. 84762L204
|
Page 15 of 15 Pages
|
GLOBAL OPPORTUNITIES BREAKAWAY LTD.
|
|||
By:
|
Harbinger Capital Partners II LP
|
||
By:
|
Harbinger Capital Partners II GP LLC, General Partner
|
||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
HARBINGER CAPITAL PARTNERS II LP
|
|||
By:
|
Harbinger Capital Partners II GP LLC, General Partner
|
||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
HARBINGER CAPITAL PARTNERS II GP LLC
|
|||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
HARBINGER HOLDINGS, LLC
|
|||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
/s/ Philip Falcone | ||
Philip Falcone
|
THE SELLER | ||
D. E. SHAW LAMINAR PORTFOLIOS, L.L.C. | ||
|
By:
|
/s/ Julius Gaudio |
Name: Julius Gaudio | ||
Title: Authorized Signatory | ||
Address: | ||
120 West Forty-Fifth Street, Tower 45, 39th Floor | ||
New York, NY 10036 | ||
Facsimile No.: (212) 478-0100 |
THE PURCHASERS | ||
HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. | ||
By: | Harbinger Capital Partners LLC, its investment manager | |
|
By:
|
/s/ Robin Roger |
Name: Robin Roger | ||
Title: General Counsel | ||
Address: | ||
450 Park Avenue, 30th Floor | ||
New York, NY 10022 | ||
Facsimile No.: (212) 658-9311 |
HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P. | ||
By: | Harbinger Capital Partners Special Situations GP, LLC, its general partner |
|
|
By:
|
/s/ Robin Roger |
Name: Robin Roger | ||
Title: General Counsel | ||
Address: | ||
450 Park Avenue, 30th Floor | ||
New York, NY 10022 | ||
Facsimile No.: (212) 658-9311 |
1. PURCHASE AND SALE TERMS
|
|||||||
Purchaser
|
Shares of Common Stock
|
Purchase Price
|
|||||
Harbinger Capital Partners Master Fund I, Ltd.
|
71,440 |
$2,143,200
($30 per share)
|
|||||
Harbinger Capital Partners Special Situations Fund, L.P.
|
17,860 |
$535,800
($30 per share)
|
|||||
TOTAL
|
89,300 | $2,679,000 | |||||
2. CLOSING
|
|||||||
Closing Date: April 7, 2010
|
Date of
Transaction
|
Number of Shares
Purchased
|
Price per Share
|
||||
3/31/2010
|
1,760 | $27.00 | ||||
3/31/2010
|
1,120 | $27.01 | ||||
3/31/2010
|
800 | $27.50 | ||||
4/1/2010
|
664 | $27.60 | ||||
4/1/2010
|
80 | $27.67 | ||||
4/1/2010
|
650 | $27.68 | ||||
4/1/2010
|
2,000 | $27.70 | ||||
4/1/2010
|
1,460 | $27.80 | ||||
4/1/2010
|
26 | $27.88 | ||||
4/1/2010
|
71,440 | $30.00 |
Date of
Transaction
|
Number of Shares
Purchased
|
Price per Share
|
||||
3/31/2010
|
440 | $27.00 | ||||
3/31/2010
|
280 | $27.01 | ||||
3/31/2010
|
200 | $27.50 | ||||
4/1/2010
|
166 | $27.60 | ||||
4/1/2010
|
20 | $27.67 | ||||
4/1/2010
|
162 | $27.68 | ||||
4/1/2010
|
500 | $27.70 | ||||
4/1/2010
|
365 | $27.80 | ||||
4/1/2010
|
7 | $27.88 | ||||
4/1/2010
|
17,860 | $30.00 |
HARBINGER CAPITAL PARTNERS
MASTER FUND I, LTD.
|
|||
By:
|
Harbinger Capital Partners LLC
|
||
By:
|
Harbinger Holdings, LLC, Managing Member
|
||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
HARBINGER CAPITAL PARTNERS LLC
|
|||
By:
|
Harbinger Holdings, LLC, Managing Member
|
||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P.
|
|||
By:
|
Harbinger Capital Partners Special Situations GP, LLC
|
||
By:
|
Harbinger Holdings, LLC, Managing Member
|
||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS GP, LLC
|
|||
By:
|
Harbinger Holdings, LLC, Managing Member
|
||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
GLOBAL OPPORTUNITIES BREAKAWAY LTD.
|
|||
By:
|
Harbinger Capital Partners II LP
|
||
By:
|
Harbinger Capital Partners II GP LLC
|
||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
HARBINGER CAPITAL PARTNERS II LP
|
|||
By:
|
Harbinger Capital Partners II GP LLC
|
||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
HARBINGER CAPITAL PARTNERS II GP LLC
|
|||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
HARBINGER HOLDINGS, LLC
|
|||
By:
|
/s/ Philip Falcone | ||
Name: Philip Falcone
Title: Managing Member
|
/s/ Philip Falcone | ||
Philip Falcone
|