0000899140-08-001651.txt : 20080829
<SEC-HEADER>0000899140-08-001651.hdr.sgml : 20080829
<ACCEPTANCE-DATETIME>20080829094903
ACCESSION NUMBER: 0000899140-08-001651
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20080829
DATE AS OF CHANGE: 20080829
GROUP MEMBERS: ANDREW HERENSTEIN
GROUP MEMBERS: CHRISTOPHER SANTANA
GROUP MEMBERS: JOSIAH ROTENBERG
GROUP MEMBERS: MICHAEL WEINSTOCK
GROUP MEMBERS: MONARCH DEBT RECOVERY MASTER FUND LTD
GROUP MEMBERS: MONARCH OPPORTUNITIES MASTER FUND LTD
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: SILICON GRAPHICS INC
CENTRAL INDEX KEY: 0000802301
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571]
IRS NUMBER: 942789662
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0627
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-39521
FILM NUMBER: 081047255
BUSINESS ADDRESS:
STREET 1: 1500 CRITTENDEN LANE
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94043
BUSINESS PHONE: 6509601980
MAIL ADDRESS:
STREET 1: 1500 CRITTENDEN LANE
STREET 2: -
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94043
FORMER COMPANY:
FORMER CONFORMED NAME: SILICON GRAPHICS INC /CA/
DATE OF NAME CHANGE: 19920703
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: Monarch Alternative Capital LP
CENTRAL INDEX KEY: 0001281084
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 375 PARK AVENUE
STREET 2: 14TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10152
BUSINESS PHONE: 212-418-1700
MAIL ADDRESS:
STREET 1: 375 PARK AVENUE
STREET 2: 14TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10152
FORMER COMPANY:
FORMER CONFORMED NAME: Quadrangle Debt Recovery Advisors LP
DATE OF NAME CHANGE: 20070125
FORMER COMPANY:
FORMER CONFORMED NAME: Quadrangle Debt Recovery Advisors LLC
DATE OF NAME CHANGE: 20061013
FORMER COMPANY:
FORMER CONFORMED NAME: QDRA LLC
DATE OF NAME CHANGE: 20040223
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>m437713b.txt
<DESCRIPTION>FIRST AMENDMENT
<TEXT>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 1)
Under the Securities Exchange Act of 1934*
Silicon Graphics, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
827056300
- --------------------------------------------------------------------------------
(CUSIP Number of Class of Securities)
Robert Burns, Esq.
Monarch Alternative Capital LP
535 Madison Avenue
New York, NY 10022
(212) 554-1700
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
Copies to:
Michael A. Schwartz, Esq.
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019-6099
(212) 728-8000
August 26, 2008
- --------------------------------------------------------------------------------
(Date of Event which Requires
Filing of this Schedule)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box: [ ]
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 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).
<PAGE>
SCHEDULE 13D
- ---------------------------- ---------------------------
CUSIP No. 827056300 Page 2 of 13 Pages
- ---------------------------- ---------------------------
- ----------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Monarch Alternative Capital LP
(formerly Quadrangle Debt Recovery Advisors LP,
which was formerly Quadrangle Debt Recovery Advisors LLC)
- ----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- ----------- --------------------------------------------------------------------
3 SEC USE ONLY
- ----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- ----------- --------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- ----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 3,109,640
BY EACH REPORTING --------- ------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,109,640
- ----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
3,109,640
- ----------- --------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- ----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.8%
- ----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ----------- --------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ---------------------------- ---------------------------
CUSIP No. 827056300 Page 3 of 13 Pages
- ---------------------------- ---------------------------
- ----------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Monarch Debt Recovery Master Fund Ltd
(formerly QDRF Master Fund)
- ----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- ----------- --------------------------------------------------------------------
3 SEC USE ONLY
- ----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- ----------- --------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- ----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- --------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 2,096,594
BY EACH REPORTING --------- ------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,096,594
- ----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
2,096,594
- ----------- --------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- ----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.1%
- ----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- ----------- --------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ---------------------------- ---------------------------
CUSIP No. 827056300 Page 4 of 13 Pages
- ---------------------------- ---------------------------
- ----------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Monarch Opportunities Master Fund Ltd
(formerly Quadrangle Debt Opportunities Fund Master Ltd)
- ----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- ----------- --------------------------------------------------------------------
3 SEC USE ONLY
- ----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- ----------- --------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- ----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- --------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 661,215
BY EACH REPORTING --------- ------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
661,215
- ----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
661,215
- ----------- --------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- ----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.7%
- ----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- ----------- --------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ---------------------------- ---------------------------
CUSIP No. 827056300 Page 5 of 13 Pages
- ---------------------------- ---------------------------
- ----------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Michael Weinstock
- ----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- ----------- --------------------------------------------------------------------
3 SEC USE ONLY
- ----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- ----------- --------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- ----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 0
BY EACH REPORTING --------- ------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- ----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
0
- ----------- --------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- ----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- ----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ----------- --------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ---------------------------- ---------------------------
CUSIP No. 827056300 Page 6 of 13 Pages
- ---------------------------- ---------------------------
- ----------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Andrew Herenstein
- ----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- ----------- --------------------------------------------------------------------
3 SEC USE ONLY
- ----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- ----------- --------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- ----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 0
BY EACH REPORTING --------- ------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- ----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
0
- ----------- --------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- ----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- ----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ----------- --------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ---------------------------- ---------------------------
CUSIP No. 827056300 Page 7 of 13 Pages
- ---------------------------- ---------------------------
- ----------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Christopher Santana
- ----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- ----------- --------------------------------------------------------------------
3 SEC USE ONLY
- ----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- ----------- --------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- ----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- --------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 0
BY EACH REPORTING --------- ------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- ----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
0
- ----------- --------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- ----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- ----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ----------- --------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ---------------------------- ---------------------------
CUSIP No. 827056300 Page 8 of 13 Pages
- ---------------------------- ---------------------------
- ----------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Josiah Rotenberg
- ----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- ----------- --------------------------------------------------------------------
3 SEC USE ONLY
- ----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- ----------- --------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- ----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States, Canada and Israel
- --------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 0
BY EACH REPORTING --------- ------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- ----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
0
- ----------- --------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- ----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- ----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ----------- --------------------------------------------------------------------
<PAGE>
This Amendment No. 1 to Schedule 13D (this "Amendment No. 1") relates to
the common stock, par value $0.01 per share (the "Common Stock"), of Silicon
Graphics, Inc., a Delaware corporation (the "Company"), and is filed on behalf
of Monarch Alternative Capital LP (formerly Quadrangle Debt Recovery Advisors
LP, which was in turn was formerly Quadrangle Debt Recovery Advisors LLC), a
Delaware limited partnership ("MAC"), Monarch Debt Recovery Master Fund Ltd
(formerly QDRF Master Ltd), a Cayman Islands corporation ("MDRF"), and Monarch
Opportunities Master Fund Ltd (formerly Quadrangle Debt Opportunities Fund
Master Ltd), a Cayman Islands corporation ("MOF", and together with MAC and
MDRF, the "Monarch Filers"). This Amendment No. 1 amends the information in the
statement on Schedule 13D filed by the Monarch Filers and certain individual
principals of MAC on October 27, 2006 (as amended by this Amendment No. 1, the
"Schedule 13D"). MAC is the investment advisor to a variety of funds (such
funds, collectively, including but not limited to MDRF and MOF, the "Funds").
The Funds directly own the Common Stock to which this Amendment No. 1 relates,
and MAC may be deemed to have beneficial ownership over such Common Stock by
virtue of the authority granted to them by the Funds to vote and to dispose of
the securities held by the Funds, including the Common Stock. Capitalized terms
used and not otherwise defined herein have the meanings ascribed thereto in the
Schedule 13D.
Item 2. Identity and Background
Item 2 of the Schedule 13D is amended and restated as follows:
(a) This statement is being filed by the Monarch Filers. MAC is the
investment advisor to the Funds, which directly own the Common Stock to which
this Schedule 13D relates, and MAC may be deemed to beneficially own such Common
Stock by virtue of the authority granted to it by the Funds to vote and to
dispose of the securities held by the Funds. MDRA GP LP ("MDRA GP LP") is the
sole general partner of MAC. Monarch GP LLC is the sole general partner of MDRA
GP LP. Michael Weinstock, Andrew Herenstein, Christopher Santana and Josiah
Rotenberg are the controlling members of Monarch GP LLC. MAC and MDRA GP LP are
each organized as a limited partnership under the laws of the State of Delaware.
Monarch GP LLC is organized as a limited liability company under the laws of the
State of Delaware. MDRF and MOF are each organized as a corporation under the
laws of the Cayman Islands.
(b) The address of the principal business and principal office of MAC, MDRA
GP LP, Monarch GP LLC, MDRF and MOF is 535 Madison Avenue, 17th Floor, New York,
New York 10022. Set forth on Schedule 1 hereto is the (i) name, (ii) business
address, (iii) present principal occupation or employment and (iv) citizenship
of each of the directors of MDRF and MOF.
(c) The principal business of MAC is to serve as investment advisor to, and
to control the investment activities of, the Funds. The principal business of
each of Mr. Weinstock, Mr. Herenstein, Mr. Santana and Mr. Rotenberg is to act
as managing members of Monarch GP LLC and control MAC. The principal business of
MDRF and MOF is to invest and trade in distressed debt securities and other
securities and to make other investments.
(d) None of the Monarch Filers, nor, to the best of their knowledge, any of
the persons named in this Item 2 or on Schedule 1 hereto has, during the last
five years, been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
9
<PAGE>
(e) None of the Monarch Filers, nor, to the best of their knowledge, any of
the persons named in this Item 2 or on Schedule 1 hereto has, during the last
five years, been a party to a civil proceeding of a judicial or administrative
body of competent jurisdiction and as a result of such proceeding was or is
subject to a judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state securities laws
or finding any violation with respect to such laws.
(f) Each of Mr. Weinstock, Mr. Herenstein, Mr. Santana and Mr. Rotenberg is
a United States citizen. Mr. Rotenberg is also a citizen of Canada and Israel.
Item 4. Purpose of Transaction
Item 4 of the Schedule 13D is amended by adding the following thereto:
On August 26, 2008, Chun Won Yi, an employee of MAC and its representative
on the board of directors of the Company (the "Board"), submitted his
resignation from the Board. The Monarch Filers do not currently have any plans
or proposals relating to the sale or other disposition of Common Stock, as a
result of Mr. Yi's resignation or otherwise. The Monarch Filers may in the
future, however, make further acquisitions of of Common Stock from time to time
or dispose of any or all of the shares of Common Stock held by the Funds, at any
time.
Item 5. Interest in Securities of the Issuer
(a) MAC beneficially owns 3,109,640 shares of Common Stock (the "Shares")
as of the date hereof. The Shares represent 26.8% of the 11,582,057 shares of
Common Stock outstanding as of April 25, 2008, as reported in the Company's
Quarterly Report on Form 10-Q for the quarterly period ended March 28, 2008,
which is the most recent quarterly or annual report filed by the Company
pursuant to the Act. The percentages used herein and in the rest of this
statement are calculated based upon this number of outstanding shares. MDRF
directly beneficially owns 2,096,594 shares of Common Stock, which represent
18.1% of the outstanding shares of Common Stock. MOF directly beneficially owns
661,215 shares of Common Stock, which represent 5.7% of the outstanding shares
of Common Stock. None of the other individual Funds owns a number of shares of
Common Stock representing more than 5% of such total.
(b) MAC shares voting and dispositive power over the 3,109,640 shares of
Common Stock held directly by the Funds with each Fund directly holding such
shares. MAC and MDRF share voting power and dispositive power over the 2,096,594
shares of Common Stock held by MDRF. MAC and MOF share voting power and
dispositive power over the 661,215 shares of Common Stock held by MOF.
(c) On August 27, 2008, Mr. Yi transferred to the Funds vested stock
options granted to him by the Company as compensation for his service as a
member of the Board. Specifically, Mr. Yi transferred options exercisable into
12,500 shares of Common Stock. There have been no other transactions in the
Common Stock effected during the past 60 days by any person named in Item 2
hereof.
This Amendment No. 1 reflects that none Messrs. Weinstock, Herenstein,
Santana and Rotenberg has beneficial ownership of the Shares, in light of the
fact that none of Messrs. Weinstock, Herenstein, Santana and Rotenberg
individually possesses the ability to vote or cause
10
<PAGE>
the voting of, or to dispose or cause the disposition of, or to prevent the
voting or disposition of, the Shares.
(d) Not applicable.
(e) As described in Item 5(c) above, Messrs. Weinstock, Herenstein, Santana
and Rotenberg do not beneficially own any shares of Common Stock.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of the Issuer.
The Monarch Filers have entered into an amended and restated agreement with
respect to the joint filing of this statement and any amendment or amendments
hereto, pursuant to Rule 13d-1(k) promulgated under the Exchange Act.
As described in Item 5(c) above, Mr. Yi transferred vested stock options
granted to him by the Company as compensation for his service as a member of the
Board. Such options entitle the Funds to purchase a total 12,500 shares of
Common Stock at a price of $18.13 per share and expire on November 30, 2011.
Item 7. Material to be Filed as Exhibits.
99.3 Joint Filing Agreement, dated as of August 29, 2008, by and between the
Monarch Filers.
[Signatures on following page]
11
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: August 29, 2008
MONARCH ALTERNATIVE CAPITAL LP
By: MDRA GP LP, its general partner
By: Monarch GP LLC, its general
partner
By: /s/ Michael Weinstock
---------------------------------
Name: Michael Weinstock
Title: Managing Member
MONARCH DEBT RECOVERY MASTER FUND LTD
By: /s/ Michael Weinstock
---------------------------------
Name: Michael Weinstock
Title: Director
MONARCH OPPORTUNITIES MASTER FUND LTD
By: /s/ Michael Weinstock
---------------------------------
Name: Michael Weinstock
Title: Director
/s/ Michael Weinstock
--------------------------------------
Michael Weinstock
/s/ Christopher Santana
--------------------------------------
Christopher Santana
/s/ Andrew Herenstein
--------------------------------------
Andrew Herenstein
/s/ Josiah Rotenberg
--------------------------------------
Josiah Rotenberg
[SIGNATURE PAGE TO AMENDMENT NO. 1 TO SCHEDULE 13D
WITH RESPECT TO SILICON GRAPHICS, INC.]
<PAGE>
Schedule 1
Directors of Monarch Debt Recovery Master Fund Ltd
- --------------------------------------------------
Michael Weinstock
c/o Monarch Alternative Capital LP
535 Madison Avenue
New York, NY 10022
Linburgh Martin
c/o Close Brothers (Cayman Limited)
Harbour Place, 103
South Church Street
P.O. Box 1034GT
George Town, Grand Cayman,
Cayman Islands
Ivan John Sutlic
P.O. Box 30902
5 Bel Air Drive GT
Grand Cayman KY1-1204
Cayman Islands
Directors of Monarch Opportunities Master Fund Ltd
- --------------------------------------------------
Michael Weinstock
c/o Monarch Alternative Capital LP
535 Madison Avenue
New York, NY 10022
Linburgh Martin
c/o Close Brothers (Cayman Limited)
Harbour Place, 103
South Church Street
P.O. Box 1034GT
George Town, Grand Cayman,
Cayman Islands
Ivan John Sutlic
P.O. Box 30902
5 Bel Air Drive GT
Grand Cayman KY1-1204
Cayman Islands
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>3
<FILENAME>m4437713c.txt
<DESCRIPTION>AMENDED AND RESTATED JOINT FILING AGREEMENT
<TEXT>
Exhibit 99.3
AMENDED AND RESTATED
JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1)
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13D is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13D shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
filing agreements. The undersigned acknowledge that each shall be responsible
for the timely filing of such amendments, and for the completeness and accuracy
of the information concerning it contained therein, but shall not be responsible
for the completeness and accuracy of the information concerning the others,
except to the extent that it knows or has reason to believe that such
information is inaccurate. This Agreement may be executed in any number of
counterparts and all of such counterparts taken together shall constitute one
and the same instrument.
Dated: August 29, 2008
MONARCH ALTERNATIVE CAPITAL LP
By: MDRA GP LP, its general partner
By: Monarch GP LLC, its general
partner
By: /s/ Michael Weinstock
---------------------------------
Name: Michael Weinstock
Title: Managing Member
MONARCH DEBT RECOVERY MASTER FUND LTD
By: /s/ Michael Weinstock
---------------------------------
Name: Michael Weinstock
Title: Director
MONARCH OPPORTUNITIES MASTER FUND LTD
By: /s/ Michael Weinstock
---------------------------------
Name: Michael Weinstock
Title: Director
[AMENDED AND RESTATED JOINT FILING AGREEMENT FOR
SCHEDULE 13D WITH RESPECT TO SILICON
GRAPHICS, INC.]
<PAGE>
/s/ Michael Weinstock
--------------------------------------
Michael Weinstock
/s/ Christopher Santana
--------------------------------------
Christopher Santana
/s/ Andrew Herenstein
--------------------------------------
Andrew Herenstein
/s/ Josiah Rotenberg
--------------------------------------
Josiah Rotenberg
[AMENDED AND RESTATED JOINT FILING AGREEMENT FOR
SCHEDULE 13D WITH RESPECT TO SILICON
GRAPHICS, INC.]
</TEXT>
</DOCUMENT>
News Feed