Schedule 13D

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934*

 

 

Airgas, Inc.

(Name of issuer)

 

 

Common Stock

(Title of class of securities)

009363102

(CUSIP number)

Adam J. Semler

York Capital Management Global Advisors, LLC

767 Fifth Avenue, 17th Floor

New York, New York 10153

Telephone: (212) 300-1300

With copies to:

Richard P. Swanson, Esq.

Arnold & Porter LLP

399 Park Avenue

New York, New York 10022

(Name, address and telephone number of person authorized to receive notices and communications)

March 2, 2010

(Date of event which requires filing of this statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §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 §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).

 

 

 


13D

 

 

CUSIP No. 009363102

 

  1)   

Names of reporting persons

 

    JGD Management Corp.

  2)  

Check the appropriate box if a member of a group (see instructions)

(a)  ¨        (b)   x

 

  3)  

SEC use only

 

  4)  

Source of funds (see instructions)

 

    WC

  5)  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)  ¨

 

  6)  

Citizenship or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

     7)    

Sole voting power

 

    764,749

     8)   

Shared voting power

 

    -0-

     9)   

Sole dispositive power

 

    764,749

   10)   

Shared dispositive power

 

    -0-

11)

 

Aggregate amount beneficially owned by each reporting person

 

    764,749

12)

 

Check if the aggregate amount in Row (11) excludes certain shares of common stock (see instructions)  ¨

 

13)

 

Percent of class represented by amount in Row (11)

 

    Approximately 0.9%

14)

 

Type of reporting person (see instructions)

 

    IA, CO

 

Page 2 of 21 Pages


13D

 

 

CUSIP No. 009363102

 

  1)   

Names of reporting persons

 

    York Capital Management Global Advisors, LLC

  2)  

Check the appropriate box if a member of a group (see instructions)

(a)  ¨        (b)   x

 

  3)  

SEC use only

 

  4)  

Source of funds (see instructions)

 

    WC

  5)  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)  ¨

 

  6)  

Citizenship or place of organization

 

    New York

Number of

shares

beneficially

owned by

each

reporting

person

with

     7)    

Sole voting power

 

    4,239,220

     8)   

Shared voting power

 

    -0-

     9)   

Sole dispositive power

 

    4,239,220

   10)   

Shared dispositive power

 

    -0-

11)

 

Aggregate amount beneficially owned by each reporting person

 

    4,239,220

12)

 

Check if the aggregate amount in Row (11) excludes certain shares of common stock (see instructions)  ¨

 

13)

 

Percent of class represented by amount in Row (11)

 

    Approximately 5.1%

14)

 

Type of reporting person (see instructions)

 

    IA

 

Page 3 of 21 Pages


Item 1. Security and Issuer

This statement on Schedule 13D (this “Schedule”) relates to the common stock, (the “Common Stock”) of Airgas, Inc. (the “Company”).

The principal executive offices of the Company are located at 259 North Radnor-Chester Road, Suite 100, Radnor, Pennsylvania 19087.

 

Item 2. Identity and Background

(a) This Statement is being filed jointly by JGD Management Corp., a Delaware corporation (“JGD”), d/b/a York Capital Management, and York Capital Management Global Advisors, LLC, a New York limited liability company (“YGA” and, together with JGD, the “Reporting Persons”) pursuant to an Agreement of Joint Filing attached hereto as Exhibit 1.

This Statement is being filed by JGD with respect to 764,749 shares of Common Stock directly owned by certain accounts (the “Managed Accounts”) managed by JGD. James G. Dinan is the sole shareholder of JGD.

This Statement is being filed by YGA with respect to:

(i) 1,068,201 shares of Common Stock directly owned by York Capital Management, L.P., a Delaware limited partnership (“York Capital”);

(ii) 1,686,633 shares of Common Stock directly owned by York Investment Master Fund, L.P., a Cayman Islands exempted limited partnership (“York Investment”);

(iii) 532,573 shares of Common Stock directly owned by York Select, L.P., a Delaware limited partnership (“York Select”);

(iv) 493,499 shares of Common Stock directly owned by York Select Master Fund, L.P., a Cayman Islands exempted limited partnership (“York Select Master”);

(v) 177,789 shares of Common Stock directly owned by York Global Value Master Fund, L.P., a Cayman Islands exempted limited partnership (“York Global Value”);

(vi) 77,000 shares of Common Stock directly owned by York Enhanced Strategies Fund, L.P., a Delaware limited partnership (“York Enhanced Strategies”);

(vii) 4,271 shares of Common Stock directly owned by York Long Enhanced Fund, L.P., a Delaware limited partnership (“York Long Enhanced”); and

 

Page 4 of 21 Pages


(viii) 199,254 shares of Common Stock directly owned by Jorvik Multi-Strategy Master Fund, L.P., a Cayman Islands exempted limited partnership (“Jorvik”).

YGA, the sole managing member of the general partner of each of York Capital, York Investment, York Select, York Select Master, York Global Value, York Enhanced Strategies, York Long Enhanced and Jorvik, exercises investment discretion over such investment funds and accordingly may be deemed to have beneficial ownership over the shares of Common Stock directly owned by such investment funds.

James G. Dinan is the chairman and one of two senior managers of YGA. Daniel A. Schwartz is also a senior manager of YGA.

Dinan Management, L.L.C., a New York limited liability company (“Dinan Management”), is the general partner of York Capital, York Investment and Jorvik. YGA is the sole managing member of Dinan Management.

York Select Domestic Holdings, LLC, a New York limited liability company (“York Select Domestic Holdings”), is the general partner of York Select and York Select Master. YGA is the sole managing member of York Select Domestic Holdings.

York Global Value Holdings, LLC, a New York limited liability company (“York Global Value Holdings”), is the general partner of York Global Value. YGA is the sole managing member of York Global Value Holdings.

York Enhanced Strategies Management, LLC, a New York limited liability company (“York Enhanced Strategies Management”), is the general partner of York Enhanced Strategies. YGA is the sole managing member of York Enhanced Strategies Management.

York Long Enhanced Domestic Holdings, LLC, a New York limited liability company (“York Long Enhanced Domestic Holdings”), is the general partner of York Long Enhanced. YGA is the sole managing member of York Long Enhanced Domestic Holdings.

The name of each director and each executive officer of JGD is set forth on Exhibit 2 to this Statement, which is incorporated herein by reference.

(b) The principal business office address of each of JGD, YGA, York Capital, York Investment, York Select, York Select Master, York Global Value, York Enhanced Strategies, York Long Enhanced, Jorvik, Dinan Management, York Select Domestic Holdings, York Global Value Holdings, York Enhanced Strategies Management, York Long Enhanced Domestic Holdings, James G. Dinan and Daniel A. Schwartz is:

c/o York Capital Management

767 Fifth Avenue, 17th Floor

New York, New York 10153

 

Page 5 of 21 Pages


The business address of each other person named in Item 2(a) above is set forth on Exhibit 2 to this Statement, which is incorporated herein by reference.

(c) JGD and YGA are investment managers of certain investment funds and accounts for which they have discretionary investment authority.

Each of York Capital, York Investment, York Select, York Select Master, York Global Value, York Enhanced Strategies, York Long Enhanced and Jorvik is a privately owned investment limited partnership in the principal business of purchasing for investment trading purposes securities and other financial instruments.

Dinan Management is a privately owned limited liability company in the principal business of acting as the general partner of York Capital, York Investment and Jorvik and the general partner or manager of four other private investment funds.

York Select Domestic Holdings is a privately owned limited liability company in the principal business of acting as the general partner of York Select and York Select Master and the manager of one other private investment fund.

York Global Value Holdings is a privately owned limited liability company in the principal business of acting as the general partner of York Global Value and the manager of one other private investment fund.

York Enhanced Strategies Management is a privately owned limited liability company in the principal business of acting as the general partner of York Enhanced Strategies.

York Long Enhanced Domestic Holdings is a privately owned limited liability company in the principal business of acting as the general partner of York Long Enhanced.

The present principal occupation or employment of each other person named in Item 2(a) above is set forth on Exhibit 2 to this Statement, which is incorporated herein by reference.

(d)-(e) Neither the Reporting Persons nor, to the knowledge of the Reporting Persons, any other person named in Item 2(a) above has during the last five years been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or 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.

 

Page 6 of 21 Pages


(f) The citizenship of each natural person named in Item 2(a) above is set forth on Exhibit 2 to this Statement, which is incorporated herein by reference.

 

Item 3. Source and Amount of Funds or Other Consideration

As of April 12, 2010, the aggregate amount of funds used to purchase the securities of the Company listed in Item 5(a)(i) was $316,087,162.74.

The source of the funds used by the Reporting Person for the purchase of the securities of the Company listed in Item 5(a)(i) was the respective working capital of the following advisory clients of the Reporting Persons: (i) approximately $48,347,242 of working capital of the Managed Accounts; (ii) approximately $67,482,179 of working capital of York Capital; (iii) approximately $106,464,933 of working capital of York Investment; (iv) approximately $33,596,525 of working capital of York Select; (v) approximately $31,130,426 of working capital of York Select Master; (vi) approximately $11,211,584 of working capital of York Global Value; (vii) approximately $4,999,838 of working capital of York Enhanced Strategies; (viii) approximately $268,253 of working capital of York Long Enhanced and (ix) approximately $12,586,181 of working capital of Jorvik. Working capital in each of these cases was provided by capital contributions of partners, unitholders or shareholders, as the case may be, and internally generated funds.

 

Item 4. Purpose of Transaction

The Reporting Persons acquired the securities of the Company described in Item 5 of this Statement for investment purposes and not with a view towards changing or influencing control of the Issuer. The Company is subject to a tender offer to acquire all outstanding shares of Common Stock of the Company by Air Products Distribution, Inc., a wholly owned subsidiary of Air Products and Chemicals, Inc., which offer commenced on February 11, 2010 (the “Tender Offer”). The Reporting Persons acquired shares of Common Stock following the public announcement of the Tender Offer and may be deemed to have acquired the shares of Common Stock in connection with the Tender Offer under interpretations of the Staff of the Securities and Exchange Commission.

The Reporting Persons reserve the right to purchase additional shares of Common Stock, either separately or together with other persons, to sell all or some of the shares of Common Stock beneficially owned by them or to otherwise trade in the shares of Common Stock, in open market or private transactions, provided that in their judgment such transactions present an attractive (long- or short-term) opportunity for profit. The Reporting Persons also reserve the right to acquire or dispose of derivatives or other instruments related to shares of Common Stock or other securities of the Company, provided that in their judgment such transactions are advisable.

Except as described above, the Reporting Persons do not have any plans or proposals which relate to or would result in:

(a) the acquisition by any person of additional securities of the Company, or the disposition of securities of the Company;

 

Page 7 of 21 Pages


(b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Company or any of its subsidiaries;

(c) a sale or transfer of a material amount of assets of the Company or any of its subsidiaries;

(d) any change in the board of directors or management of the Company, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;

(e) any material change in the present capitalization or dividend policy of the Company;

(f) any other material change in the Company’s business or corporate structure;

(g) changes in the Company’s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Company by any person;

(h) causing a class of securities of the Company to be delisted from a national securities exchange or cease to be authorized to be quoted in an inter-dealer quotation system of registered national securities association;

(i) a class of equity securities of the Company becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, as amended; or

(j) any action similar to those enumerated in clauses (a)-(i) above.

The Reporting Persons reserve the right to consider, either separately or together with other persons, plans or proposals relating to or resulting in the occurrence of one or more of the transactions described in clauses (a)-(j) above in the future depending upon then existing factors, including without limitation the market for the shares of Common Stock, the Company’s then prospects, alternative investment opportunities, general economic and money-market investment conditions and other factors deemed relevant from time to time.

 

Item 5. Interest in Securities of the Issuer

(a) (i) JGD may, pursuant to Rule 13d-3 of the Exchange Act, be deemed to be the beneficial owner of 764,749 shares of Common Stock, which constitute

 

Page 8 of 21 Pages


approximately 0.9% of the issued and outstanding shares of Common Stock. As the sole shareholder of JGD, James G. Dinan may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by JGD.

(ii) YGA may, pursuant to Rule 13d-3 of the Exchange Act, be deemed to be the beneficial owner of 4,239,220 shares of Common Stock, which constitute approximately 5.1% of the issued and outstanding shares of Common Stock.

(iii) York Capital may, pursuant to Rule 13d-3 of the Exchange Act, be deemed to be the beneficial owner of 1,068,021 shares of Common Stock, which constitute approximately 1.2% of the issued and outstanding shares of Common Stock. As the general partner of York Capital, Dinan Management may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by York Capital.

(iv) York Investment may, pursuant to Rule 13d-3 of the Exchange Act, be deemed to be the beneficial owner of 1,686,633 shares of Common Stock, which constitute approximately 2.0% of the issued and outstanding shares of Common Stock. As the general partner of York Investment, Dinan Management may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by York Investment.

(v) York Select may, pursuant to Rule 13d-3 of the Exchange Act, be deemed to be the beneficial owner of 532,573 shares of Common Stock, which constitute approximately 0.6% of the issued and outstanding shares of Common Stock. As the general partner of York Select, York Select Domestic Holdings may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by York Select.

(vi) York Select Master may, pursuant to Rule 13d-3 of the Exchange Act, be deemed to be the beneficial owner of 493,499 shares of Common Stock, which constitute approximately 0.6% of the issued and outstanding shares of Common Stock. As the general partner of York Select Master, York Select Domestic Holdings may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by York Select Master.

(vii) York Global Value may, pursuant to Rule 13d-3 of the Exchange Act, be deemed to be the beneficial owner of 177,789 shares of Common Stock, which constitute approximately 0.2% of the issued and outstanding shares of Common Stock. As the general partner of York Global Value, York Global Value Holdings may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by York Global Value.

(viii) York Enhanced Strategies may, pursuant to Rule 13d-3 of the Exchange Act, be deemed to be the beneficial owner of 77,000 shares of Common Stock, which constitute approximately 0.1% of the issued and outstanding shares of Common Stock. As the general partner of York Enhanced Strategies, York Enhanced Strategies Management may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by York Enhanced Strategies.

 

Page 9 of 21 Pages


(ix) York Long Enhanced may, pursuant to Rule 13d-3 of the Exchange Act, be deemed to be the beneficial owner of 4,271 shares of Common Stock, which constitute approximately 0.0% of the issued and outstanding shares of Common Stock. As the general partner of York Long Enhanced, York Long Enhanced Domestic Holdings may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by York Long Enhanced.

(x) Jorvik may, pursuant to Rule 13d-3 of the Exchange Act, be deemed to be the beneficial owner of 199,254 shares of Common Stock, which constitute approximately 0.2% of the issued and outstanding shares of Common Stock. As the general partner of Jorvik, Dinan Management may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Jorvik.

(xi) To the knowledge of the Reporting Persons, except as described above, no shares of Common Stock are beneficially owned, or may be deemed to be beneficially owned, by any of the persons named on Exhibit 2 to this Statement.

The number of shares of Common Stock beneficially owned and the percentage of outstanding shares of Common Stock represented thereby, for each person named above, have been computed in accordance with Rule 13d-3 under the Exchange Act. The percentages of ownership described above for JGD, YGA, York Capital, York Investment, York Select, York Select Master, York Global Value, York Enhanced Strategies, York Long Enhanced and Jorvik are based on 82,729,623 shares of Common Stock issued and outstanding as of February 3, 2010 as reported in the Company’s Quarterly Report on Form 10-Q filed with the SEC on February 8, 2010.

(b) (i) JGD may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 764,749 shares of Common Stock. As the sole shareholder of JGD, James G. Dinan may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 764,749 shares of Common Stock.

(ii) YGA may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 4,239,220 shares of Common Stock.

(iii) York Capital may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 1,068,201 shares of Common Stock. As the general partner of York Capital, Dinan Management may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 1,068,201 shares of Common Stock.

(iv) York Investment may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 1,686,633 shares of Common Stock. As the general partner of York Investment, Dinan Management may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 1,686,633 shares of Common Stock.

 

Page 10 of 21 Pages


(v) York Select may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 532,573 shares of Common Stock. As the general partner of York Select, York Select Domestic Holdings may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 532,573 shares of Common Stock.

(vi) York Select Master may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 493,499 shares of Common Stock. As the general partner of York Select Master, York Select Domestic Holdings may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 493,499 shares of Common Stock.

(vii) York Global Value may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 177,789 shares of Common Stock. As the general partner of York Global Value, York Global Value Holdings be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 177,789 shares of Common Stock.

(viii) York Enhanced Strategies may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 77,000 shares of Common Stock. As the general partner of York Enhanced Strategies, York Enhanced Strategies Management be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 77,000 shares of Common Stock.

(ix) York Long Enhanced may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 4,271 shares of Common Stock. As the general partner of York Long Enhanced, York Long Enhanced Domestic Holdings may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 4,271 shares of Common Stock.

(x) Jorvik may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 199,254 shares of Common Stock. As the general partner of Jorvik, Dinan Management may be deemed to have the sole power to dispose of, direct the disposition of, vote or direct the vote of 199,254 shares of Common Stock.

(xi) To the knowledge of the Reporting Persons, except as described above, none of the persons named on Exhibit 2 to this Statement has, or may be deemed to have, any power to dispose of, direct the disposition of, vote or direct the vote of any shares of Common Stock.

(c) The following table sets forth all transactions with respect to the Shares effected during the past sixty (60) days by the Reporting Persons. All such transactions were effected in the open market.

 

Page 11 of 21 Pages


Date of Transaction

   No. of
Shares
   Price per Share (dollars)    Total Price
(dollars)
   Transaction Type

2/11/2010

   47    61.18234    2,875.57    Purchase

2/11/2010

   2,512    61.1418    153,588.20    Purchase

2/11/2010

   811    61.1824    49,618.93    Purchase

2/11/2010

   4,460    61.1418    272,692.43    Purchase

2/11/2010

   1,244    61.1824    76,110.91    Purchase

2/11/2010

   1,095    61.14181    66,950.28    Purchase

2/11/2010

   338    61.1824    20,679.65    Purchase

2/11/2010

   7    61.18286    428.28    Purchase

2/11/2010

   1,020    61.1418    62,364.64    Purchase

2/11/2010

   315    61.18241    19,272.46    Purchase

2/11/2010

   357    61.14182    21,827.63    Purchase

2/11/2010

   110    61.18236    6,730.06    Purchase

2/11/2010

   14    61.18214    856.55    Purchase

2/11/2010

   594    61.1418    36,318.23    Purchase

2/11/2010

   184    61.18239    11,257.56    Purchase

2/11/2010

   33    61.18242    2,019.02    Purchase

2/16/2010

   2,675    61.2188    163,760.29    Purchase

2/16/2010

   5,000    61.24    306,200.00    Purchase

2/16/2010

   11,649    61.2188    713,137.81    Purchase

2/16/2010

   22,100    61.24    1,353,404.00    Purchase

2/16/2010

   18,453    61.2188    1,129,670.52    Purchase

2/16/2010

   35,500    61.24    2,174,020.00    Purchase

2/16/2010

   5,742    61.2188    351,518.35    Purchase

2/16/2010

   10,900    61.24    667,516.00    Purchase

2/16/2010

   579    61.21881    35,445.69    Purchase

2/16/2010

   1,000    61.24    61,240.00    Purchase

2/16/2010

   5,302    61.2188    324,582.08    Purchase

2/16/2010

   10,200    61.24    624,648.00    Purchase

2/16/2010

   1,932    61.2188    118,274.72    Purchase

2/16/2010

   3,500    61.24    214,340.00    Purchase

2/16/2010

   113    61.21885    6,917.73    Purchase

2/16/2010

   100    61.24    6,124.00    Purchase

2/16/2010

   942    61.2188    57,668.11    Purchase

2/16/2010

   1,600    61.24    97,984.00    Purchase

2/16/2010

   3,275    61.2188    200,491.57    Purchase

2/16/2010

   6,000    61.24    367,440.00    Purchase

2/16/2010

   2,216    61.2188    135,660.86    Purchase

2/16/2010

   4,100    61.24    251,084.00    Purchase

2/17/2010

   8,187    62.8037    514,173.90    Purchase

2/17/2010

   48,400    62.8037    3,039,699.08    Purchase

2/17/2010

   7,096    62.7896    445,555.00    Purchase

2/17/2010

   7,000    62.7896    439,527.20    Purchase

2/17/2010

   4,244    62.7794    266,435.77    Purchase

2/17/2010

   31,286    62.8037    1,964,876.56    Purchase

2/17/2010

   187,600    62.8037    11,781,974.12    Purchase

2/17/2010

   27,223    62.7896    1,709,321.28    Purchase

2/17/2010

   27,300    62.7896    1,714,156.08    Purchase

2/17/2010

   16,416    62.7794    1,030,586.63    Purchase

2/17/2010

   49,696    62.8037    3,121,092.68    Purchase

 

Page 12 of 21 Pages


Date of Transaction

   No. of
Shares
   Price per Share (dollars)    Total Price
(dollars)
   Transaction Type

2/17/2010

   300,243    62.8037    18,856,371.30    Purchase

2/17/2010

   43,369    62.7896    2,723,122.16    Purchase

2/17/2010

   43,800    62.7896    2,750,184.48    Purchase

2/17/2010

   26,245    62.7794    1,647,645.35    Purchase

2/17/2010

   15,510    62.8037    974,085.39    Purchase

2/17/2010

   93,500    62.8037    5,872,145.95    Purchase

2/17/2010

   13,784    62.7896    865,491.85    Purchase

2/17/2010

   13,700    62.7896    860,217.52    Purchase

2/17/2010

   8,176    62.7794    513,284.37    Purchase

2/17/2010

   1,541    62.80371    96,780.51    Purchase

2/17/2010

   8,700    62.8037    546,392.19    Purchase

2/17/2010

   1,352    62.7896    84,891.54    Purchase

2/17/2010

   1,200    62.7896    75,347.52    Purchase

2/17/2010

   768    62.7794    48,214.58    Purchase

2/17/2010

   14,545    62.8037    913,479.82    Purchase

2/17/2010

   87,000    62.8037    5,463,921.90    Purchase

2/17/2010

   12,803    62.7896    803,895.25    Purchase

2/17/2010

   12,800    62.7896    803,706.88    Purchase

2/17/2010

   7,616    62.7794    478,127.91    Purchase

2/17/2010

   5,184    62.8037    325,574.38    Purchase

2/17/2010

   30,400    62.8037    1,909,232.48    Purchase

2/17/2010

   4,816    62.7896    302,394.71    Purchase

2/17/2010

   4,800    62.7896    301,390.08    Purchase

2/17/2010

   2,669    62.7794    167,558.22    Purchase

2/17/2010

   245    62.78959    15,383.45    Purchase

2/17/2010

   100    62.7896    6,278.96    Purchase

2/17/2010

   2,390    62.8037    150,100.84    Purchase

2/17/2010

   14,100    62.8037    885,532.17    Purchase

2/17/2010

   2,108    62.7896    132,360.48    Purchase

2/17/2010

   2,000    62.7896    125,579.20    Purchase

2/17/2010

   1,237    62.7794    77,658.12    Purchase

2/17/2010

   8,653    62.8037    543,440.42    Purchase

2/17/2010

   52,100    62.8037    3,272,072.77    Purchase

2/17/2010

   7,100    62.7896    445,806.16    Purchase

2/17/2010

   7,200    62.7896    452,085.12    Purchase

2/17/2010

   4,557    62.7794    286,085.73    Purchase

2/17/2010

   5,865    62.8037    368,343.71    Purchase

2/17/2010

   35,100    62.8037    2,204,409.87    Purchase

2/17/2010

   5,104    62.7896    320,478.12    Purchase

2/17/2010

   5,100    62.7896    320,226.96    Purchase

2/17/2010

   3,072    62.7794    192,858.32    Purchase

2/18/2010

   4,238    62.839    266,311.68    Purchase

2/18/2010

   5,651    62.8161    354,973.78    Purchase

2/18/2010

   14,127    62.8477    887,849.46    Purchase

2/18/2010

   16,394    62.839    1,030,182.57    Purchase

2/18/2010

   21,858    62.8161    1,373,034.31    Purchase

2/18/2010

   54,646    62.8477    3,434,375.41    Purchase

2/18/2010

   26,209    62.839    1,646,947.35    Purchase

2/18/2010

   34,945    62.8161    2,195,108.61    Purchase

2/18/2010

   87,363    62.8477    5,490,563.62    Purchase

 

Page 13 of 21 Pages


Date of Transaction

   No. of
Shares
   Price per Share (dollars)    Total Price
(dollars)
   Transaction Type

2/18/2010

   8,164    62.839    513,017.60    Purchase

2/18/2010

   10,886    62.8161    683,816.06    Purchase

2/18/2010

   27,214    62.8477    1,710,337.31    Purchase

2/18/2010

   767    62.839    48,197.51    Purchase

2/18/2010

   1,023    62.8161    64,260.87    Purchase

2/18/2010

   2,557    62.8477    160,701.57    Purchase

2/18/2010

   7,605    62.839    477,890.59    Purchase

2/18/2010

   10,140    62.8161    636,955.25    Purchase

2/18/2010

   25,351    62.8477    1,593,252.04    Purchase

2/18/2010

   2,665    62.839    167,465.93    Purchase

2/18/2010

   3,553    62.8161    223,185.60    Purchase

2/18/2010

   8,884    62.8477    558,338.97    Purchase

2/18/2010

   105    62.83895    6,598.09    Purchase

2/18/2010

   139    62.81612    8,731.44    Purchase

2/18/2010

   347    62.84769    21,808.15    Purchase

2/18/2010

   1,235    62.839    77,606.16    Purchase

2/18/2010

   1,647    62.8161    103,458.12    Purchase

2/18/2010

   4,117    62.8477    258,743.98    Purchase

2/18/2010

   4,550    62.839    285,917.45    Purchase

2/18/2010

   6,067    62.8161    381,105.28    Purchase

2/18/2010

   15,167    62.8477    953,211.07    Purchase

2/18/2010

   3,068    62.839    192,790.05    Purchase

2/18/2010

   4,091    62.8161    256,980.67    Purchase

2/18/2010

   10,227    62.8477    642,743.43    Purchase

2/19/2010

   13,942    63.5296    885,729.68    Purchase

2/19/2010

   54,598    63.5296    3,468,589.10    Purchase

2/19/2010

   87,288    63.5296    5,545,371.72    Purchase

2/19/2010

   27,191    63.5296    1,727,433.35    Purchase

2/19/2010

   2,555    63.5296    162,318.13    Purchase

2/19/2010

   25,329    63.5296    1,609,141.24    Purchase

2/19/2010

   8,876    63.5296    563,888.73    Purchase

2/19/2010

   348    63.5296    22,108.30    Purchase

2/19/2010

   4,113    63.5296    261,297.24    Purchase

2/19/2010

   15,544    63.5296    987,504.10    Purchase

2/19/2010

   10,216    63.5296    649,018.39    Purchase

2/22/2010

   3,717    63.6392    236,546.91    Purchase

2/22/2010

   1,396    63.5141    88,665.68    Purchase

2/22/2010

   22,470    63.6392    1,429,972.82    Purchase

2/22/2010

   5,467    63.5141    347,231.59    Purchase

2/22/2010

   35,924    63.6392    2,286,174.62    Purchase

2/22/2010

   8,741    63.5141    555,176.75    Purchase

2/22/2010

   10,872    63.6392    691,885.38    Purchase

2/22/2010

   2,723    63.5141    172,948.90    Purchase

2/22/2010

   1,050    63.6392    66,821.16    Purchase

2/22/2010

   256    63.5141    16,259.61    Purchase

2/22/2010

   10,129    63.6392    644,601.46    Purchase

2/22/2010

   2,536    63.5141    161,071.76    Purchase

2/22/2010

   3,549    63.6392    225,855.52    Purchase

2/22/2010

   889    63.51411    56,464.04    Purchase

2/22/2010

   173    63.63919    11,009.58    Purchase

 

Page 14 of 21 Pages


Date of Transaction

   No. of
Shares
   Price per Share (dollars)    Total Price
(dollars)
   Transaction Type

2/22/2010

   1,693    63.6392    107,741.17    Purchase

2/22/2010

   412    63.5141    26,167.81    Purchase

2/22/2010

   6,215    63.6392    395,517.63    Purchase

2/22/2010

   1,557    63.5141    98,891.46    Purchase

2/22/2010

   4,208    63.6392    267,793.75    Purchase

2/22/2010

   1,023    63.51411    64,974.93    Purchase

2/23/2010

   6,971    63.6204    443,497.81    Purchase

2/23/2010

   27,299    63.6204    1,736,773.30    Purchase

2/23/2010

   43,644    63.6204    2,776,648.74    Purchase

2/23/2010

   13,595    63.6204    864,919.34    Purchase

2/23/2010

   1,277    63.6204    81,243.25    Purchase

2/23/2010

   12,665    63.6204    805,752.37    Purchase

2/23/2010

   4,438    63.6204    282,347.34    Purchase

2/23/2010

   173    63.6204    11,006.33    Purchase

2/23/2010

   2,057    63.6204    130,867.16    Purchase

2/23/2010

   7,772    63.6204    494,457.75    Purchase

2/23/2010

   5,109    63.6204    325,036.62    Purchase

2/25/2010

   800    62.6175    50,094.00    Purchase

3/1/2010

   7,004    64.9416    454,850.97    Purchase

3/1/2010

   66,274    64.9272    4,302,985.25    Purchase

3/1/2010

   38,463    64.9416    2,497,848.76    Purchase

3/1/2010

   15,963    64.9272    1,036,432.89    Purchase

3/1/2010

   7,422    64.9416    481,996.56    Purchase

3/1/2010

   1,559    64.9272    101,221.50    Purchase

3/1/2010

   725    64.9416    47,082.66    Purchase

3/1/2010

   5,266    64.9272    341,906.64    Purchase

3/1/2010

   6,731    64.9416    437,121.91    Purchase

3/1/2010

   3,756    64.9272    243,866.56    Purchase

3/1/2010

   2,504    64.9416    162,613.77    Purchase

3/1/2010

   46,200    64.9272    2,999,636.64    Purchase

3/1/2010

   30,800    64.9416    2,000,201.28    Purchase

3/1/2010

   136    64.92721    8,830.10    Purchase

3/1/2010

   91    64.94165    5,909.69    Purchase

3/1/2010

   4,761    64.9272    309,118.40    Purchase

3/1/2010

   1,212    64.9416    78,709.22    Purchase

3/1/2010

   6,085    64.9272    395,082.01    Purchase

3/1/2010

   4,057    64.9416    263,468.07    Purchase

3/1/2010

   991    64.9416    64,357.13    Purchase

3/2/2010

   12,649    65.4961    828,460.17    Purchase

3/2/2010

   11,400    65.3983    745,540.62    Purchase

3/2/2010

   53,539    65.4961    3,506,595.70    Purchase

3/2/2010

   49,000    65.3983    3,204,516.70    Purchase

3/2/2010

   93,118    65.4961    6,098,865.84    Purchase

3/2/2010

   85,537    65.3983    5,593,974.39    Purchase

3/2/2010

   23,772    65.4961    1,556,973.29    Purchase

3/2/2010

   21,600    65.3983    1,412,603.28    Purchase

3/2/2010

   2,664    65.4961    174,481.61    Purchase

3/2/2010

   2,400    65.3983    156,955.92    Purchase

3/2/2010

   26,400    65.4961    1,729,097.04    Purchase

3/2/2010

   24,200    65.3983    1,582,638.86    Purchase

 

Page 15 of 21 Pages


Date of Transaction

   No. of
Shares
   Price per Share (dollars)    Total Price
(dollars)
   Transaction Type

3/2/2010

   8,520    65.4961    558,026.77    Purchase

3/2/2010

   7,700    65.3983    503,566.91    Purchase

3/2/2010

   4,466    65.4961    292,505.58    Purchase

3/2/2010

   4,000    65.3983    261,593.20    Purchase

3/2/2010

   14,825    65.4961    970,979.68    Purchase

3/2/2010

   13,500    65.3983    882,877.05    Purchase

3/2/2010

   10,047    65.4961    658,039.32    Purchase

3/2/2010

   9,100    65.3983    595,124.53    Purchase

3/3/2010

   5,319    65.6729    349,314.16    Purchase

3/3/2010

   5,300    65.6729    348,066.37    Purchase

3/3/2010

   21,146    65.6729    1,388,719.14    Purchase

3/3/2010

   21,200    65.6729    1,392,265.48    Purchase

3/3/2010

   36,393    65.6729    2,390,033.85    Purchase

3/3/2010

   36,700    65.6729    2,410,195.43    Purchase

3/3/2010

   10,702    65.6729    702,831.38    Purchase

3/3/2010

   10,700    65.6729    702,700.03    Purchase

3/3/2010

   1,091    65.6729    71,649.13    Purchase

3/3/2010

   1,000    65.6729    65,672.90    Purchase

3/3/2010

   9,966    65.6729    654,496.12    Purchase

3/3/2010

   9,900    65.6729    650,161.71    Purchase

3/3/2010

   3,621    65.6729    237,801.57    Purchase

3/3/2010

   3,600    65.6729    236,422.44    Purchase

3/3/2010

   161    65.67292    10,573.34    Purchase

3/3/2010

   100    65.6729    6,567.29    Purchase

3/3/2010

   1,797    65.6729    118,014.20    Purchase

3/3/2010

   1,700    65.6729    111,643.93    Purchase

3/3/2010

   5,897    65.6729    387,273.09    Purchase

3/3/2010

   5,800    65.6729    380,902.82    Purchase

3/3/2010

   3,907    65.6729    256,584.02    Purchase

3/3/2010

   4,000    65.6729    262,691.60    Purchase

3/5/2010

   11,893    65.3728    777,478.71    Purchase

3/5/2010

   90,145    65.3728    5,893,031.06    Purchase

3/5/2010

   10,099    65.3728    660,199.91    Purchase

3/5/2010

   21,247    65.3728    1,388,975.88    Purchase

3/5/2010

   4,602    65.3728    300,845.63    Purchase

3/5/2010

   18,819    65.3728    1,230,250.72    Purchase

3/5/2010

   6,771    65.3728    442,639.23    Purchase

3/5/2010

   265    65.37279    17,323.79    Purchase

3/5/2010

   7,695    65.3728    503,043.70    Purchase

3/5/2010

   11,825    65.3728    773,033.36    Purchase

3/5/2010

   16,639    65.3728    1,087,738.02    Purchase

3/8/2010

   5,257    64.9164    341,265.52    Purchase

3/8/2010

   21,909    64.9164    1,422,253.41    Purchase

3/8/2010

   34,594    64.9164    2,245,717.94    Purchase

3/8/2010

   11,056    64.9164    717,715.72    Purchase

3/8/2010

   1,085    64.91641    70,434.30    Purchase

3/8/2010

   10,242    64.9164    664,873.77    Purchase

3/8/2010

   3,748    64.9164    243,306.67    Purchase

3/8/2010

   137    64.91642    8,893.55    Purchase

3/8/2010

   1,814    64.9164    117,758.35    Purchase

 

Page 16 of 21 Pages


Date of Transaction

   No. of
Shares
   Price per Share (dollars)    Total Price
(dollars)
   Transaction Type

3/8/2010

   6,071    64.9164    394,107.47    Purchase

3/8/2010

   4,087    64.9164    265,313.33    Purchase

3/9/2010

   5,732    64.5582    370,047.60    Purchase

3/9/2010

   23,893    64.5582    1,542,489.07    Purchase

3/9/2010

   37,724    64.5582    2,435,393.54    Purchase

3/9/2010

   11,053    64.5582    713,561.78    Purchase

3/9/2010

   1,184    64.5582    76,436.91    Purchase

3/9/2010

   10,239    64.5582    661,011.41    Purchase

3/9/2010

   3,599    64.5582    232,344.96    Purchase

3/9/2010

   140    64.55821    9,038.15    Purchase

3/9/2010

   1,979    64.5582    127,760.68    Purchase

3/9/2010

   4,457    64.5582    287,735.90    Purchase

3/11/2010

   5,741    64.4037    369,741.64    Purchase

3/11/2010

   23,926    64.4037    1,540,922.93    Purchase

3/11/2010

   37,778    64.4037    2,433,042.98    Purchase

3/11/2010

   11,069    64.4037    712,884.56    Purchase

3/11/2010

   1,186    64.4037    76,382.79    Purchase

3/11/2010

   10,253    64.4037    660,331.14    Purchase

3/11/2010

   3,603    64.4037    232,046.53    Purchase

3/11/2010

   1,981    64.4037    127,583.73    Purchase

3/11/2010

   4,463    64.4037    287,433.71    Purchase

3/15/2010

   8,912    64.1321    571,545.28    Purchase

3/15/2010

   9,578    64.1321    614,257.25    Purchase

3/15/2010

   15,123    64.1321    969,869.75    Purchase

3/15/2010

   5,885    64.1321    377,417.41    Purchase

3/15/2010

   474    64.13211    30,398.62    Purchase

3/15/2010

   5,453    64.1321    349,712.34    Purchase

3/15/2010

   1,995    64.1321    127,943.54    Purchase

3/15/2010

   794    64.1321    50,920.89    Purchase

3/15/2010

   1,786    64.1321    114,539.93    Purchase

3/19/2010

   8,600    61.53674    529,215.96    Purchase

3/19/2010

   8,100    61.53674    498,447.59    Purchase

3/19/2010

   2,800    61.53674    172,302.87    Purchase

4/1/2010

   33,696    64.1417    2,161,318.72    Purchase

4/7/2010

   13,300    63.7356    847,683.48    Purchase

4/8/2010

   12,400    63.9765    793,308.60    Purchase

4/8/2010

   4,800    64.0165    307,279.20    Purchase

4/8/2010

   25,017    63.9765    1,600,500.10    Purchase

(d) The right to receive dividends from, or the proceeds from the sale of, all shares of Common Stock reported in this Statement as beneficially owned by each Reporting Person is held by York Capital, York Investment, York Select, York Select Master, York Global Value, York Enhanced Strategies, York Long Enhanced, Jorvik or the Managed Accounts, as the case may be, as the advisory clients of such Reporting Person. The Reporting Persons disclaim beneficial ownership of all shares of Common Stock reported in this Statement pursuant to Rule 13d-4 under the Exchange Act.

 

Page 17 of 21 Pages


Except as set forth in this Item 5(d), to the knowledge of the Reporting Persons, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any other shares of Common Stock deemed to be beneficially owned by the Reporting Persons.

(e) Not applicable.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

The information provided in response to Item 4 above is incorporated herein by reference.

 

Item 7. Material to Be Filed as Exhibits

The exhibits listed on the Index of Exhibits of this Statement are filed herewith.

 

Page 18 of 21 Pages


SIGNATURES

After reasonable inquiry and to the best of the knowledge and belief of the undersigned Reporting Person, the undersigned Reporting Person certifies that the information set forth in this statement with respect to it is true, complete and correct.

Dated: April 12, 2010

 

JGD MANAGEMENT CORP.
By:  

/S/    ADAM J. SEMLER        

  Adam J. Semler
  Chief Operating Officer

 

Page 19 of 21 Pages


SIGNATURES

After reasonable inquiry and to the best of the knowledge and belief of the undersigned Reporting Person, the undersigned Reporting Person certifies that the information set forth in this statement with respect to it is true, complete and correct.

Dated: April 12, 2010

 

YORK CAPITAL MANAGEMENT GLOBAL ADVISORS, LLC
By:  

/S/    ADAM J. SEMLER        

  Adam J. Semler
  Chief Operating Officer

 

Page 20 of 21 Pages


INDEX OF EXHIBITS

 

Exhibit

No.

 

Description

1   Agreement of Joint Filing dated April 12, 2010 by and among JGD Management Corp. and York Capital Management Global Advisors, LLC.
2   Directors and Executive Officers of JGD Management Corp.

 

Page 21 of 21 Pages