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Filing Details

Accession Number:
0001062993-10-000853
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-18 13:00:00
Reporting Period:
2010-03-17
Filing Date:
2010-03-18
Accepted Time:
2010-03-18 19:45:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
831327 Imperial Sugar Co W IPSU Sugar & Confectionery Products (2060) 740704500
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1228958 Passport Management Llc 30 Hotaling Place, Ste. 300
San Francisco CA 94111
No No Yes No
1352425 Iii Howard John Burbank C/o Passport Management, Llc
30 Hotaling Place, Ste. 300
San Francisco CA 94111
No No Yes No
1352428 Passport Capital, Llc C/o Passport Management, Llc
30 Hotaling Place, Ste. 300
San Francisco CA 94111
No No Yes No
1426672 Blackwell Partners Llc 406 Blackwell Street
Suite 300
Durham NC 27701
No No Yes No
1486970 A Portfolio Fobo Ltd Spc Fund Master Agriculture Passport C/o Passport Management Llc
30 Hotaling Place, Suite 300
San Francisco CA 94111
No No Yes No
1486971 Passport Plus Llc C/o Passport Management Llc
30 Hotaling Place, Suite 300
San Francisco CA 94111
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 2010-03-17 20,394 $15.11 1,209,121 No 4 S Indirect See footnotes
Common Stock Disposition 2010-03-17 6,136 $15.05 1,202,985 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Shares CALL - IPSU 100 $20.00 2010-02-04 2010-04-17 24,000 24,000 Indirect
Common Shares CALL - IPSU 100 $22.50 2010-02-04 2010-04-17 4,400 4,400 Indirect
Common Shares CALL - IPSU 100 $25.00 2010-02-04 2010-04-17 15,100 15,100 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2010-04-17 24,000 24,000 Indirect
2010-04-17 4,400 4,400 Indirect
2010-04-17 15,100 15,100 Indirect
Footnotes
  1. The securities beneficially owned following the reported transactions are held for the accounts of Passport Agriculture Master Fund SPC Ltd for and on behalf of portfolio A, a British Virgin Islands Segregated Portfolio Company (542,570 shares), Passport Special Opportunities Master Fund, LP, a British Virgin Islands Limited Partnership (484,915 shares), and Blackwell LLC, a Georgia Limited Liability Company (175,500 shares) ("Fund I", "Fund II" and "Fund III" respectively, and together the "Funds").
  2. Passport Management, LLC, a Delaware Limited Liability Company ("Passport Management") is the investment manager to Fund I and Fund II. Passport Plus, LLC, a Delaware Limited Liability Company is the general partner to Fund II. Passport Capital, LLC, a Delaware Limited Liability Company ("Passport Capital") is the managing member of Passport Management and Passport Plus, and the investment manager to Blackwell LLC. John Burbank, a natural person ("Burbank"), is the sole managing member of Passport Capital. As a result, each of Passport Management, Passport Plus, Passport Capital, Blackwell LLC and Burbank may be considered to indirectly beneficially own the securities directly beneficially owned by the Fund.
  3. Pursuant to Rule 16a-1(a)(2)(ii)(B) under the Securities Exchange Act of 1934, as amended (the "Act"), Mr. Burbank is deemed to be a beneficial owner of the shares beneficially owned by the Fund only to the extent of the greater of his respective direct or indirect interest in the profits or capital account of such Fund. Pursuant to Rule 16a-1(a)(4) under the Act, this filing shall not be deemed an admission that Mr. Burbank is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities owned by the Funds in excess of such amount.