Filing Details

Accession Number:
0001405086-11-000010
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-02-02 18:03:01
Reporting Period:
2011-01-31
Filing Date:
2011-02-02
Accepted Time:
2011-02-02 18:03:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1028985 Spectrum Brands Inc. SPB Miscellaneous Electrical Machinery, Equipment & Supplies (3690) 222423556
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1259927 Marc Lasry C/O Avenue Capital Management Ii, L.p.
399 Park Avenue, 6Th Floor
New York NY 10022
No No Yes No
1317338 Avenue Capital Management Ii, L.p. 399 Park Avenue
6Th Floor
New York NY 10022
No No Yes No
1389850 Avenue Capital Management Ii Genpar, Llc C/O Avenue Capital Management Ii, L.p.
399 Park Avenue, 6Th Floor
New York NY 10022
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2011-01-31 2,084 $32.97 248,331 No 4 S Indirect Footnote
Common Stock Disposition 2011-01-31 14,208 $32.97 1,692,583 No 4 S Indirect FOOTNOTE
Common Stock Disposition 2011-01-31 30,557 $32.97 3,640,191 No 4 S Indirect FOOTNOTE
Common Stock Disposition 2011-02-01 988 $32.79 247,343 No 4 S Indirect FOOTNOTE
Common Stock Disposition 2011-02-01 6,732 $32.79 1,685,851 No 4 S Indirect FOOTNOTE
Common Stock Disposition 2011-02-01 14,480 $32.79 3,625,711 No 4 S Indirect FOOTNOTE
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Footnote
No 4 S Indirect FOOTNOTE
No 4 S Indirect FOOTNOTE
No 4 S Indirect FOOTNOTE
No 4 S Indirect FOOTNOTE
No 4 S Indirect FOOTNOTE
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 328,767 Indirect FOOTNOTE
Common Stock 650,628 Indirect FOOTNOTE
Common Stock 328,767 Indirect FOOTNOTE
Common Stock 650,628 Indirect FOOTNOTE
Footnotes
  1. The shares of Common Stock, par value $0.01 per share (the "Common Stock"), of Spectrum Brands Holdings, Inc. (the "Issuer") held by the persons reporting on this Form 4 were acquired in a single transaction in connection with a merger as described in that certain Agreement and Plan of Merger dated as of February 9, 2010 among Russell Hobbs, Inc., Spectrum Brands, Inc., Spectrum Brands Holdings, Inc., Grill Merger Corp. and Battery Merger Corp.
  2. The filing of this Form 4 shall not be construed as an admission that Avenue Capital Management II, L.P. ("Avenue Capital Management"), Avenue Capital Management II GenPar, LLC ("Avenue Capital Management GenPar") or Marc Lasry (together, the "Controlling Persons") is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the Common Stock of the Issuer directly held by Avenue Investments, L.P. ("Avenue Investments"), Avenue International Master, L.P. ("Avenue International Master"), Avenue-CDP Global Opportunities Fund, L.P. ("Avenue-CDP"), Avenue Special Situations Fund IV, L.P. ("Fund IV") and Avenue Special Situations Fund V, L.P. ("Fund V" and together, the "Funds"). Pursuant to Rule 16a-1, the Controlling Persons disclaim such beneficial ownership except to the extent of their pecuniary interest therein.
  3. Marc Lasry has an indirect pecuniary interest in the 248,331 shares of Common Stock of the Issuer owned through the account of Avenue-CDP. Marc Lasry reports the Common Stock of the Issuer held by Avenue-CDP because, as the managing member of Avenue Capital Management GenPar, the general partner of Avenue Capital Management, which acts as the investment manager to Avenue-CDP, he controls the disposition and voting of the securities held by Avenue-CDP. Mr. Lasry also owns an interest in one or more entities that directly or indirectly control Avenue-CDP and receives a portion of the profits allocation related to Avenue-CDP.
  4. Marc Lasry has an indirect pecuniary interest in the 1,692,583 shares of Common Stock of the Issuer owned through the account of Fund IV. Marc Lasry reports the Common Stock of the Issuer held by Fund IV because, as the managing member of Avenue Capital Management GenPar, the general partner of Avenue Capital Management, which acts as the investment manager to Fund IV, he controls the disposition and voting of the securities held by Fund IV. Mr. Lasry also owns an interest in one or more entities that directly or indirectly control Fund IV and receives a portion of the profits allocation related to Fund IV.
  5. Marc Lasry has an indirect pecuniary interest in the 3,640,191 shares of Common Stock of the Issuer owned through the account of Fund V. Marc Lasry reports the Common Stock of the Issuer held by Fund V because, as the managing member of Avenue Capital Management GenPar, the general partner of Avenue Capital Management, which acts as the investment manager to Fund V, he controls the disposition and voting of the securities held by Fund V. Mr. Lasry also owns an interest in one or more entities that directly or indirectly control Fund V and receives a portion of the profits allocation related to Fund V.
  6. Marc Lasry has an indirect pecuniary interest in the 328,767 shares of Common Stock of the Issuer owned through the account of Avenue Investments. Marc Lasry reports the Common Stock of the Issuer held by Avenue Investments because, as the managing member of Avenue Capital Management GenPar, the general partner of Avenue Capital Management, which acts as the investment manager to Avenue Investments, he controls the disposition and voting of the securities held by Avenue Investments. Mr. Lasry also owns an interest in one or more entities that directly or indirectly control Avenue Investments and receives a portion of the profits allocation related to Avenue Investments.
  7. Marc Lasry has an indirect pecuniary interest in the 650,628 shares of Common Stock of the Issuer owned through the account of Avenue International Master. Marc Lasry reports the Common Stock of the Issuer held by Avenue International Master because, as the managing member of Avenue Capital Management GenPar, the general partner of Avenue Capital Management, which acts as the investment manager to Avenue International Master, he controls the disposition and voting of the securities held by Avenue International Master. Mr. Lasry also owns an interest in one or more entities that directly or indirectly control Avenue International Master and receives a portion of the profits allocation related to Avenue International Master.
  8. Marc Lasry has an indirect pecuniary interest in the 247,343 shares of Common Stock of the Issuer owned through the account of Avenue-CDP. Marc Lasry reports the Common Stock of the Issuer held by Avenue-CDP because, as the managing member of Avenue Capital Management GenPar, the general partner of Avenue Capital Management, which acts as the investment manager to Avenue-CDP, he controls the disposition and voting of the securities held by Avenue-CDP. Mr. Lasry also owns an interest in one or more entities that directly or indirectly control Avenue-CDP and receives a portion of the profits allocation related to Avenue-CDP.
  9. Marc Lasry has an indirect pecuniary interest in the 1,685,851 shares of Common Stock of the Issuer owned through the account of Fund IV. Marc Lasry reports the Common Stock of the Issuer held by Fund IV because, as the managing member of Avenue Capital Management GenPar, the general partner of Avenue Capital Management, which acts as the investment manager to Fund IV, he controls the disposition and voting of the securities held by Fund IV. Mr. Lasry also owns an interest in one or more entities that directly or indirectly control Fund IV and receives a portion of the profits allocation related to Fund IV.
  10. Marc Lasry has an indirect pecuniary interest in the 3,625,711 shares of Common Stock of the Issuer owned through the account of Fund V. Marc Lasry reports the Common Stock of the Issuer held by Fund V because, as the managing member of Avenue Capital Management GenPar, the general partner of Avenue Capital Management, which acts as the investment manager to Fund V, he controls the disposition and voting of the securities held by Fund V. Mr. Lasry also owns an interest in one or more entities that directly or indirectly control Fund V and receives a portion of the profits allocation related to Fund V.
  11. Although Avenue Capital Management, as the investment manager of the Funds, and Avenue Capital Management GenPar, as the general partner of Avenue Capital Management, have investment discretion over the Funds, their only remuneration consists of an asset based fee.