mm02-0413ehi_sc13ga1.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No. 1)
 
 
Employers Holdings, Inc.

(Name of Issuer)
 
 
Common Stock

(Title of Class of Securities)
 
 
292218104

CUSIP Number
 
 
December 31, 2012

(Date of Event Which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
o Rule 13d-1(b)
 
o Rule 13d-1(c)
 
þ Rule 13d-1(d)
 
*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 the disclosures provided in a prior cover page.
 
The information required in 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).
 

 
 

 


CUSIP No.: 292218104
 
 
1
 
 
NAME OF REPORTING PERSON
Blue Harbour Group, LP
 
 
2
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)  o
(b)  x
 
3
 
SEC USE ONLY
 
 
4
 
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
5
 
 
SOLE VOTING POWER
 
0
 
 
 
6
 
SHARED VOTING POWER
 
2,258,704 *
 
 
 
7
 
 
SOLE DISPOSITIVE POWER
 
0
 
 
 
8
 
 
SHARED DISPOSITIVE POWER
 
2,258,704 *
 
 
9
 
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,258,704*
 
 
10
 
 
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
11
 
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
7.4%*
 
 
 
12
 
 
TYPE OF REPORTING PERSON
 
PN
 
 

 
* Blue Harbour Group, LP beneficially owned, and possessed shared voting and dispositive power over, 2,258,704 shares of the Issuer’s common stock as of December 31, 2012, representing approximately 7.4% of the Issuer’s common stock at such time.
 

 
2

 

CUSIP No.: 292218104
 
 
1
 
 
NAME OF REPORTING PERSON
Blue Harbour Holdings, LLC
 
 
2
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)  o
(b)  x
 
3
 
SEC USE ONLY
 
 
4
 
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
5
 
 
SOLE VOTING POWER
 
0
 
 
 
6
 
 
SHARED VOTING POWER
 
2,258,704 *
 
 
 
7
 
 
SOLE DISPOSITIVE POWER
 
0
 
 
 
8
 
 
SHARED DISPOSITIVE POWER
 
2,258,704 *
 
 
 
9
 
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,258,704 *
 
 
 
10
 
 
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES    
 
 
11
 
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
7.4%*
 
 
 
12
 
 
TYPE OF REPORTING PERSON
 
OO
 
 

 
* Blue Harbour Holdings LLC beneficially owned, and possessed shared voting and dispositive power over, 2,258,704 shares of the Issuer’s common stock as of December 31, 2012, representing approximately 7.4% of the Issuer’s common stock at such time.
 

 
3

 

CUSIP No.: 292218104
 
 
1
 
 
NAME OF REPORTING PERSON
Clifton S. Robbins
 
 
2
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)  o
(b)  x
 
3
 
SEC USE ONLY
 
 
4
 
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States of America
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
5
 
 
SOLE VOTING POWER
 
0
 
 
 
6
 
 
SHARED VOTING POWER
 
2,258,704 *
 
 
7
 
 
SOLE DISPOSITIVE POWER
 
0
 
 
 
8
 
 
SHARED DISPOSITIVE POWER
 
2,258,704 *
 
 
 
9
 
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,258,704 *
 
 
10
 
 
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
11
 
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
7.4%*
 
 
 
12
 
 
TYPE OF REPORTING PERSON
 
IN
 
 

 
* Mr. Robbins beneficially owned, and possessed shared voting and dispositive power over, 2,258,704 shares of the Issuer’s common stock as of December 31, 2012, representing approximately 7.4% of the Issuer’s common stock at such time.
 

 
4

 
 
 
 
Item 1.  Name of Issuer and Address of Issuer’s Principal Executive Offices:
 

(a)           Name of Issuer:           Employers Holdings, Inc. (the “Company”)
 
(b)           Address of Issuer’s Principal Executive Offices:

10375 Professional Circle
Reno, Nevada  89521

Item 2.  Person Filing:

(a)           Name of Person Filing:

Blue Harbour Group, LP (“Manager”)
Blue Harbour Holdings, LLC (“Manager GP”)
Clifton S. Robbins (“Mr. Robbins”)

Manager, Manager GP and Mr. Robbins are herein sometimes referred to each as a “Reporting Person” and collectively as the “Reporting Persons.”

(b)           Address of Principal Business Office or, if none, Residence:

The address of the principal business office of each of Manager and Manager GP is:

646 Steamboat Road
Greenwich, Connecticut 06830

Mr. Robbins’s business address is c/o Manager at the foregoing address.  Mr. Robbins is the Chief Executive Officer of Manager.

(c)           Citizenship:

Each of Manager and Manager GP is organized under the laws of the State of Delaware.  Mr. Robbins is a citizen of the United States of America.

(d)           Title of Class of Securities:

Common Stock (the “Common Stock”)

(e)           CUSIP Number:
 
292218104
 
Item 3.  If This Statement is Filed Pursuant to Rule 13d-1(b) or 13d-2(b) or (c), Check Whether the Person Filing is a:
 
Not applicable.
 
Item 4.  Ownership.
 
Item 4(a):  Amount Beneficially Owned:
 
See response to Item 9 on each cover page.

Item 4(b):  Percent of Class:

See response to Item 11 on each cover page.  Such figure is calculated based on a total of 30,724,286 shares of Common Stock outstanding as of October 31, 2012 (as stated by the Company in its Quarterly Report on Form 10-Q filed on November 8, 2011 for the Company’s quarterly period ended September 30, 2012).
 
 
 
 
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Item 4(c):  Number of shares as to which the Reporting Person has:

(i)           Sole power to vote or direct the vote:

See response to Item 5 on each cover page.

(ii)           Shared power to vote or to direct the vote:

See response to Item 6 on each cover page.

(iii)           Sole power to dispose of or to direct the disposition of:

See response to Item 7 on each cover page.

(iv)           Shared power to dispose of or to direct the disposition of:

See response to Item 8 on each cover page.

Item 5.  Ownership of Five Percent or Less of a Class.
 
Not applicable.
 
Item 6.  Ownership of More than Five Percent on Behalf of Another Person.
 
Not applicable.
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
 
Not applicable.
 
Item 8.  Identification and Classification of Members of the Group.
 
See Exhibit 1.
 
Item 9.  Notice of Dissolution of Group.
 
Not applicable.
 
Item 10.  Certification.
 
(a) Not applicable.
 
(b) By signing below the undersigned certifies that, to the best of its or his (as the case may be) knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 

 

 

 
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SIGNATURES
 
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
 
Date: February 4, 2013

                                                                 
BLUE HARBOUR GROUP, LP

 
   By:  Blue Harbour Holdings, LLC, its general partner
 
       By: /s/ Clifton S. Robbins      
       Name:  Clifton S. Robbins
       Title:  Managing Member
 
BLUE HARBOUR HOLDINGS, LLC
 
       By:  /s/ Clifton S. Robbins      
       Name:  Clifton S. Robbins
       Title:  Managing Member
 
 
/ s / Clifton S. Robbins         
Clifton S. Robbins


 
 
 
 
 
 
 
 
 
 
 
 
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