1 |
NAMES
OF REPORTING PERSONS
| ||||
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
| |||||
Neuberger Berman Group LLC | |||||
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 ITEM 2(e)
or 2(f)
| o | |||
6 |
CITIZENSHIP
OR PLACE OF ORGANIZATION
| ||||
Delaware | |||||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 |
SOLE
VOTING POWER
| |||
0 | |||||
8 |
SHARED
VOTING POWER
| ||||
2876785 | |||||
9 |
SOLE
DISPOSITIVE POWER
| ||||
0 | |||||
10 |
SHARED
DISPOSITIVE POWER
| ||||
3436619 | |||||
11 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| ||||
3436619 | |||||
12 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
| x | |||
13 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
| ||||
5.19%
| |||||
14 |
TYPE
OF REPORTING PERSON
| ||||
HC | |||||
1 |
NAMES
OF REPORTING PERSONS
| ||||
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
| |||||
Neuberger Berman LLC | |||||
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 ITEM 2(e)
or 2(f)
| o | |||
6 |
CITIZENSHIP
OR PLACE OF ORGANIZATION
| ||||
Delaware | |||||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 |
SOLE
VOTING POWER
| |||
0 | |||||
8 |
SHARED
VOTING POWER
| ||||
1831694 | |||||
9 |
SOLE
DISPOSITIVE POWER
| ||||
0 | |||||
10 |
SHARED
DISPOSITIVE POWER
| ||||
2346028 | |||||
11 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| ||||
2346028 | |||||
12 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
| x | |||
13 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
| ||||
3.54%
| |||||
14 |
TYPE
OF REPORTING PERSON
| ||||
IA
BD | |||||
1 |
NAMES
OF REPORTING PERSONS
| ||||
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
| |||||
Neuberger Berman Management LLC | |||||
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 ITEM 2(e)
or 2(f)
| o | |||
6 |
CITIZENSHIP
OR PLACE OF ORGANIZATION
| ||||
Delaware | |||||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 |
SOLE
VOTING POWER
| |||
0 | |||||
8 |
SHARED
VOTING POWER
| ||||
1045091 | |||||
9 |
SOLE
DISPOSITIVE POWER
| ||||
0 | |||||
10 |
SHARED
DISPOSITIVE POWER
| ||||
1090591 | |||||
11 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| ||||
1090591 | |||||
12 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
| o | |||
13 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
| ||||
1.65%
| |||||
14 |
TYPE
OF REPORTING PERSON
| ||||
IA | |||||
Item 1. | Security and Issuer |
The class of equity securities to which this Amendment No. 1 to Schedule 13D relates is the common shares of Charles River Laboratories International, Inc. (the “Issuer’), (the “Securities”), a Delaware corporation, having its principal business office at 255 Ballardvale Street, Wilmington, Massachusetts 01887. |
Item 2. | Identity and Background |
(a) | This statement is being filed by the following persons: Neuberger Berman Group LLC (“NBG”), Neuberger Berman Holdings LLC (“NB Holdings”), Neuberger Berman Management LLC (“NBM”) and Neuberger Berman LLC (“NB LLC”) (the “Reporting Persons”). |
(b) | NBG, NB Holdings, NBM and NB LLC are Delaware limited liability companies, each having its principal business office at 605 Third Avenue, New York, NY 10158. |
(c) | NBG is the parent company of various subsidiaries engaged in the investment advisory business.
NB Holdings is the holding company of NB LLC, NBM and certain other subsidiaries engaged in the investment advisory business primarily with respect to equities. NBM, an indirect subsidiary of NBG, is an investment adviser registered under the Investment Advisers Act of 1940, as amended, and a limited purpose broker-dealer registered under the Securities Exchange Act of 1934, as amended. As a registered investment adviser (“RIA”), NBM provides investment advisory services to investment companies registered under the Investment Company Act of 1940, as amended. NB LLC, an indirect subsidiary of NBG, is an investment adviser registered under the Investment Advisers Act of 1940, as amended, and a broker-dealer registered under the Securities Exchange Act of 1934, as amended. As a RIA, NB LLC provides discretionary investment advisory services to private investors, institutions, endowments, employee benefit plans, foundations and others. The information required by instruction C to Schedule 13D with respect to the executive officers and directors of the Reporting Persons is set forth below. Neuberger Berman Group LLC Directors Joseph Amato Robert D’Alelio William Fox Jack McCarthy George Walker Richard Worley Lawrence Zicklin Executive Officers George Walker Chief Executive Officer Joseph Amato President Heather Zuckerman Secretary and Executive Vice President Andrew Komaroff Chief Operating Officer and Executive Vice President Irene Ashkenazy Treasurer Neuberger Berman Holdings LLC Executive Officers Joseph Amato President and Chief Executive Officer Kevin Handwerker Secretary and General Counsel Irene Ashkenazy Vice President and Treasurer Neuberger Berman Management LLC Executive Officers Robert Conti President, Chief Executive Officer Joseph Amato Managing Director and Chief Investment Officer -Equities Brad Cetron Chief Compliance Officer, Director of Compliance –B/D Chamaine Williams Chief Compliance Officer, Director of Compliance –I/A John Dorogoff Chief Operations Officer, Chief Financial Officer, and Treasurer Maxine Gerson General Counsel and Managing Director Bradley Tank Managing Director and Chief Investment Officer –Fixed Income Neuberger Berman LLC Executive Officers Joseph Amato President, Chief Executive Officer and Chief Investment Officer - Equities Brad Cetron Chief Compliance Officer John Dorogoff Chief Operations Officer, Chief Financial Officer, and Treasurer Kevin Handwerker General Counsel and Managing Director Bradley Tank Managing Director and Chief Investment Officer –Fixed Income |
(d) | None of the individuals referenced above have been convicted in a criminal proceeding in the past five years. |
(e) | None of the individuals referenced above have been party to a civil proceeding or a judicial or administrative proceeding or subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws in the past five years. |
(f) | All of the individuals referenced above are citizens of the United States. |
Item 3. |
Source
and Amount of Funds or Other Consideration
|
Not applicable. |
Item 4. |
Purpose
of Transaction
|
None of the Reporting Persons nor any of the individuals referenced above have any plans or proposals with respect to the Issuer which relate to or would result in the events listed in Item 4 (a) – (j) of the instructions for Schedule 13D. |
(a) | Not applicable. |
(b) | Not applicable. |
(c) | Not applicable. |
(d) | Not applicable. |
(e) | Not applicable. |
(f) | Not applicable. |
(g) | Not applicable. |
(h) | Not applicable. |
(i) | Not applicable. |
(j) | Not applicable. |
Item 5. |
Interest
in Securities of the Issuer
|
(a) | The aggregate number of Securities to which this Amendment No. 1 to Schedule 13D relates is 3,436,619 shares, representing 5.19% of the 66,259,289 common shares reported as outstanding in the Issuer’s most recent Form 10-Q for the quarterly period ending June 26, 2010. The Reporting Persons beneficially own the Securities as follows:
Common Shares % of Common Shares Outstanding NBM 1,090,591 1.65% NB LLC 2,346,028 3.54% As a result of NBG’s and NB Holdings’ indirect and direct ownership of NB LLC and NBM, each of NBG and NB Holdings are deemed to beneficially own the Securities beneficially owned by NBM and NB LLC. |
(b) | NBM has been granted discretionary voting and dispositive power with respect to 1,045,091 of the shares reported herein as being beneficially owned by it. In addition, NBM has been granted discretionary dispositive power, but not voting power, with respect to the remaining 45,500 shares reported herein as beneficially owned by it. NB LLC has been granted discretionary voting and dispositive power with respect to 1,831,694 of the shares reported herein as being beneficially owned by it, and with respect to such shares, NB LLC shares voting and dispositive power with its clients in whose accounts the shares are held. In addition, NB LLC has been granted discretionary dispositive power, but not voting power, with respect to the remaining 514,334 shares reported herein as beneficially owned by it. NB LLC shares only dispositive power with those clients in whose accounts such shares are held. |
(c) | Transactions effected during the past sixty days are set forth below. All transactions were effected on the New York Stock Exchange. |
Transaction Date | Shares or Unites Purchased (Sold) | Price Per Share or Unit |
8/16/2010
8/16/2010 8/16/2010 8/16/2010 8/16/2010 8/16/2010 8/16/2010 8/17/2010 8/18/2010 8/18/2010 8/18/2010 8/19/2010 8/19/2010 8/19/2010 8/20/2010 8/25/2010 8/25/2010 8/26/2010 8/26/2010 8/27/2010 8/27/2010 8/27/2010 8/27/2010 8/27/2010 8/27/2010 8/27/2010 8/30/2010 8/31/2010 8/31/2010 8/31/2010 9/1/2010 9/1/2010 9/1/2010 9/1/2010 9/1/2010 9/1/2010 9/1/2010 9/1/2010 9/1/2010 9/1/2010 9/1/2010 9/2/2010 9/2/2010 9/2/2010 9/3/2010 9/3/2010 9/3/2010 9/3/2010 9/3/2010 9/3/2010 9/3/2010 9/3/2010 9/3/2010 9/3/2010 9/3/2010 9/7/2010 9/7/2010 9/7/2010 9/7/2010 9/8/2010 9/8/2010 9/8/2010 9/8/2010 9/8/2010 9/8/2010 9/8/2010 9/9/2010 9/9/2010 9/9/2010 9/9/2010 9/9/2010 9/10/2010 9/10/2010 9/13/2010 9/13/2010 9/13/2010 9/13/2010 9/13/2010 9/13/2010 9/13/2010 9/13/2010 9/13/2010 9/13/2010 9/14/2010 9/14/2010 9/15/2010 9/15/2010 9/16/2010 9/16/2010 9/16/2010 9/16/2010 9/16/2010 9/17/2010 9/17/2010 9/17/2010 9/17/2010 9/17/2010 9/17/2010 9/17/2010 9/17/2010 9/17/2010 9/17/2010 9/20/2010 9/20/2010 9/20/2010 9/20/2010 9/20/2010 9/20/2010 9/21/2010 9/21/2010 9/21/2010 9/21/2010 9/22/2010 9/22/2010 9/22/2010 9/22/2010 9/22/2010 9/22/2010 9/22/2010 9/22/2010 9/22/2010 9/22/2010 9/22/2010 9/22/2010 9/22/2010 9/22/2010 9/22/2010 9/22/2010 9/22/2010 9/23/2010 9/23/2010 9/23/2010 9/24/2010 9/24/2010 9/27/2010 9/27/2010 9/27/2010 9/27/2010 9/27/2010 9/27/2010 9/27/2010 9/28/2010 9/28/2010 9/28/2010 9/28/2010 9/28/2010 9/28/2010 9/28/2010 9/28/2010 9/28/2010 9/30/2010 9/30/2010 9/30/2010 9/30/2010 9/30/2010 9/30/2010 9/30/2010 10/1/2010 10/1/2010 10/1/2010 10/1/2010 10/1/2010 10/4/2010 10/5/2010 10/5/2010 10/6/2010 10/6/2010 10/6/2010 10/6/2010 10/6/2010 10/6/2010 10/6/2010 10/6/2010 10/6/2010 10/6/2010 10/6/2010 10/6/2010 10/6/2010 10/7/2010 10/7/2010 10/7/2010 10/8/2010 10/8/2010 10/8/2010 10/8/2010 10/8/2010 10/11/2010 10/11/2010 10/11/2010 10/12/2010 10/12/2010 10/12/2010 10/12/2010 10/12/2010 10/12/2010 10/12/2010 10/12/2010 10/12/2010 | -300
-125 -1000 -700 -180 -300 -500 -250 -200 -600 -200 130 -2000 -200 -400 -150 -1250 130 -300 3690 125 -50 -200 -145 -200 -60 -125 -300 -100 -200 200 -100 -50 -3100 -88000 -21000 -16900 -50 -700 -150 -250 -10000 -2300 -28200 90 40 150 40 -19700 -8600 -15500 -15000 -6400 -350 -400 360 500 -100 -50 -100 -100 -100 -100 -30 -800 -275 1200 -325 -26600 -25000 -200 -9800 -90200 40 150 30 100 -325 -15 -300 -300 -200 -1200 -1500 -800 1300 -100 100 400 1000 150 -275 300 200 200 50 100 200 50 -15 -200 -100 100 200 -30 -300 -10 -700 280 725 1000 400 100 140 50 -100 -100 -200 -200 -100 -20 -500 -700 -500 -100 -300 -300 -200 -700 90 150 50 -1000 -600 300 -1000 -100 -90 -350 -100 -150 300 -500 -755 -40 -150 -60 -70 -40 -500 -215 -95 -25 -200 -100 -1500 -100 30 440 1300 1300 500 -400 -200 -1200 130 200 -85 -200 -300 -900 -700 -500 -300 -400 -600 -150 -100 200 100 -100 60 70 60 200 -30 30 -100 -300 16600 -100 -200 -900 -300 -600 -200 -450 -50 | 41.01
30.132 29.9693 30.132 30.132 29.9693 30.11 30.11 30.4301 30.5901 30.5901 30.5901 30.19 29.8001 29.82 29.735 29.0501 29.4601 29.46 29.17 29.1077 29.1077 29.4236 29.4236 29.2536 29.2738 29.2738 28.9212 28.38 28.4501 28.4501 28.7799 28.661 28.661 28.46 28.6292 28.6292 28.6292 28.661 28.7101 28.661 28.661 29.4853 29.0667 29.0667 30.3 30.04 30.04 30.04 29.962 30.0656 29.962 30 30.0656 30.1516 30.1516 30.17 30.17 29.8024 29.8024 29.5824 29.5824 29.5824 29.5824 29.6773 29.6773 29.6773 29.6792 29.6524 29.3885 29.3885 29.5103 29.249 29.249 29.6199 29.6199 29.6199 29.96 29.6364 29.6364 30.0001 30.0001 30.0001 29.9337 29.7326 29.7326 30.15 30.1401 30.6399 30.7399 30.616 30.6999 30.5701 31.82 31.8486 31.2365 31.2365 31.2365 31.2365 31.2365 31.28 31.7201 31.7201 32.1299 31.955 32.08 32.1067 32.1 31.839 32.09 32.3399 32.4699 32.4699 32.0399 31.8999 32.343 31.8 31.8 31.8 31.8 31.8 31.95 31.9701 31.9166 31.9166 31.9166 31.9166 31.9166 31.8011 31.8011 31.7 31.62 31.61 32.001 32.0083 32.0899 32.3801 32.4401 32.05 32.26 32.26 32.26 31.8499 31.9801 32.0201 32.0801 32.0801 32.0801 32.0801 32.0801 32.0501 33.5601 33.5601 33.35 33.1933 33.1933 33.386 33.2016 33.25 33.218 33.1068 33.1068 33.1068 33.4301 33.1301 33.1458 32.92 32.9099 32.97 32.92 32.92 32.92 32.92 32.92 32.92 32.92 32.92 32.92 32.92 32.352 32.352 32.38 32.73 32.7499 32.7499 32.7574 32.69 32.64 32.6401 32.6401 32.4243 32.3654 32.3654 32.3654 32.4239 32.4239 32.4731 32.4731 32.4731 |
(d) | Not applicable. |
(e) | Not applicable. |
Item 6. |
Contracts,
Arrangements, Understandings or Relationships with Respect to Securities
of the Issuer
|
The Reporting Persons hold $8,164,000(par value) of the Issuer’s 2.25% Convertible Senior Notes due 2013 (the “Notes”). Due to conversion conditions of the Notes, it is not possible as of the date of this filing for the Reporting Persons to convert the Notes into common stock of the Issuer. |
Item 7. |
Material
to Be Filed as Exhibits
|
Neuberger Berman Group LLC | |||
October 13, 2010 | By: |
/s/
Kevin Handwerker | |
General Counsel | |||
Neuberger Berman LLC | |||
October 13, 2010 | By: |
/s/
Kevin Handwerker | |
General Counsel | |||
Neuberger Berman Management LLC | |||
October 13, 2010 | By: |
/s/
Robert Conti | |
President and Chief Executive Officer | |||