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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, D.C. 20549 |
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SCHEDULE 13G/A
Under
the Securities Exchange Act of 1934
(Amendment No. 2)*
HCA Inc.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
404119109
(CUSIP Number)
March 13, 2009
(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) |
x |
Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting persons 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).
CUSIP No. 404119109 |
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Name of Reporting Person |
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Check the Appropriate Box if a Member of a Group |
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(a) |
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(b) |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
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Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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11. |
Percent of Class
Represented by Amount in Row (9) |
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12. |
Type of Reporting Person
(See Instructions) |
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* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
2
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
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Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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11. |
Percent of Class
Represented by Amount in Row (9) |
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12. |
Type of Reporting Person
(See Instructions) |
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* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
3
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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11. |
Percent of Class
Represented by Amount in Row (9) |
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12. |
Type of Reporting Person
(See Instructions) |
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* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
4
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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11. |
Percent of Class
Represented by Amount in Row (9) |
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12. |
Type of Reporting Person
(See Instructions) |
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* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
5
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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11. |
Percent of Class
Represented by Amount in Row (9) |
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12. |
Type of Reporting Person
(See Instructions) |
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* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
6
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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11. |
Percent of Class
Represented by Amount in Row (9) |
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12. |
Type of Reporting Person
(See Instructions) |
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* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
7
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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11. |
Percent of Class
Represented by Amount in Row (9) |
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12. |
Type of Reporting Person
(See Instructions) |
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* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
8
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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9. |
Aggregate Amount Beneficially
Owned by Each Reporting Person |
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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11. |
Percent of Class
Represented by Amount in Row (9) |
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12. |
Type of Reporting Person
(See Instructions) |
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* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
9
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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11. |
Percent of Class
Represented by Amount in Row (9) |
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|
|||||
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12. |
Type of Reporting Person
(See Instructions) |
|||
* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
10
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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11. |
Percent of Class
Represented by Amount in Row (9) |
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12. |
Type of Reporting Person
(See Instructions) |
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* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
11
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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11. |
Percent of Class
Represented by Amount in Row (9) |
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12. |
Type of Reporting Person
(See Instructions) |
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* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
12
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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11. |
Percent of Class Represented
by Amount in Row (9) |
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|
|||||
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12. |
Type of Reporting Person
(See Instructions) |
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* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
13
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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11. |
Percent of Class
Represented by Amount in Row (9) |
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|
|||||
|
12. |
Type of Reporting Person
(See Instructions) |
|||
* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
14
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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|||||
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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|||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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|||||
|
11. |
Percent of Class
Represented by Amount in Row (9) |
|||
|
|||||
|
12. |
Type of Reporting Person
(See Instructions) |
|||
* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
15
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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|||||
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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|
|||||
|
10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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|||||
|
11. |
Percent of Class
Represented by Amount in Row (9) |
|||
|
|||||
|
12. |
Type of Reporting Person
(See Instructions) |
|||
* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
16
CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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|||||
7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
||||
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|||||
|
9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
|||
|
|||||
|
10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
|||
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|||||
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11. |
Percent of Class
Represented by Amount in Row (9) |
|||
|
|||||
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12. |
Type of Reporting Person
(See Instructions) |
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* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
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CUSIP No. 404119109 |
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1. |
Name of Reporting Person |
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2. |
Check the Appropriate Box if a Member of a Group |
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(a) |
o |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Citizenship or Place of
Organization |
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Number of |
5. |
Sole Voting Power |
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6. |
Shared Voting Power |
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7. |
Sole Dispositive Power |
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8. |
Shared Dispositive Power |
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9. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o |
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11. |
Percent of Class
Represented by Amount in Row (9) |
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12. |
Type of Reporting Person
(See Instructions) |
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* Represents the aggregate number of shares of common stock of HCA Inc. held by Hercules Holding II, LLC, the parent of HCA Inc. See Item 4 of the Statement on Schedule 13G/A.
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CUSIP No. 404119109 |
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STATEMENT ON SCHEDULE 13G/A
This is Amendment No. 2 to the Schedule 13G filed with the U.S. Securities and Exchange Commission on February 17, 2009 (the Original Schedule 13G). This amendment is being filed to reflect a post-closing adjustment to the transaction described in Amendment No. 1 to the Original Schedule 13G, filed with the U.S. Securities and Exchange Commission on March 23, 2009 (the Amendment No. 1), which transaction and post-closing adjustment are described in the sixth and seventh paragraphs of Item 4(a) below. Each of the items below amends and restates the comparable item of the Amendment No.1.
Pursuant to Rule 13d-1(d) under the Securities Exchange Act of 1934, as amended (the Act), and as provided in the Joint Filing Agreement filed as Exhibit 1 to this Statement on Schedule 13G (this Schedule 13G), each of the persons listed below under Item 2 (each a Reporting Person, and collectively the Reporting Persons), have agreed to file one statement with respect to their ownership of common stock, par value $0.01 per share (the Shares), of HCA Inc. (the Issuer). |
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Item 1. |
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(a) |
Name of Issuer: |
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(b) |
Address of Issuers
Principal Executive Offices: Nashville, Tennessee 37203 |
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Item 2. |
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(a) |
Name of Person Filing: KKR Millennium Fund L.P. KKR Associates Millennium L.P. KKR Millennium GP LLC KKR 2006 Fund L.P. KKR Associates 2006 L.P. KKR 2006 GP LLC OPERF Co-Investment L.L.C. KKR PEI Investments, L.P. KKR PEI Associates, L.P. KKR PEI GP Limited Kohlberg Kravis Roberts & Co. L.P. KKR & Co. L.L.C. KKR Partners III, L.P. KKR III GP L.L.C. |
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CUSIP No. 404119109 |
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8 North America Investor L.P. KKR Associates 8 NA L.P. KKR 8 NA Limited |
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(b) |
Address of Principal
Business Office, or, if None, Residence: 9 West 57th Street, Suite 4200 New York, NY 10019 |
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(c) |
Citizenship: |
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(d) |
Title of Class of
Securities: |
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(e) |
CUSIP Number: |
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Item 3. |
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Not applicable. |
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Item 4. |
Ownership. |
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(a) |
Amount beneficially owned:
Hercules Holding II, LLC holds 91,845,692 Shares, or 97.3%, of the common stock of the Issuer based on 94,367,464 outstanding Shares as of December 31, 2008. The units of Hercules Holding II, LLC are held by a private investor group, including affiliates of each of Bain Capital Investors, LLC, Kohlberg Kravis Roberts & Co. L.P. and Merrill Lynch Global Private Equity and affiliates of Dr. Thomas F. Frist, Jr, the founder of the Issuer, all of whom are parties to the limited liability company agreement of Hercules Holding II, LLC. On January 1, 2009, Merrill Lynch & Co., Inc., the parent of Merrill Lynch Global Private Equity, was acquired by Bank of America Corporation. Prior to the acquisition of Merrill Lynch & Co., Inc. by Bank of America Corporation, affiliates of Bank of America Corporation also held certain units of Hercules Holding II, LLC and were parties to the limited liability company agreement of Hercules Holding II, LLC.
Each member of the investment group and its affiliates may be deemed to be a member of a group exercising voting and investment control over the Shares held by Hercules Holding II, LLC. However, each such person disclaims membership in any such group and disclaims beneficial ownership of such Shares. Affiliates each of Bain Capital |
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CUSIP No. 404119109 |
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Investors, LLC, Kohlberg Kravis Roberts & Co. L.P. and Merrill Lynch Global Private Equity have the right under Hercules Holding II, LLCs limited liability company agreement to nominate up to three directors of the Issuer, and affiliates of Dr. Thomas F. Frist, Jr. collectively have the right to nominate up to two directors of the Issuer.
KKR Millennium Fund L.P. (Millennium Fund) directly owns 9,313,725, or 10.1%, of the units of Hercules Holding II, LLC. As the sole general partner of the Millennium Fund, KKR Associates Millennium L.P. may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by the Millennium Fund. As the sole general partner of KKR Associates Millennium L.P., KKR Millennium GP LLC also may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by the Millennium Fund. The Millennium Fund, KKR Associates Millennium L.P. and KKR Millennium GP LLC disclaim beneficial ownership of such Shares. KKR Millennium GP LLC is a limited liability company, the managing members of which are Messrs. Henry R. Kravis and George R. Roberts, and the other members of which are James H. Greene, Jr., Paul E. Raether, Michael W. Michelson, Perry Golkin, Johannes P. Huth, Todd A. Fisher, Alexander Navab, Marc S. Lipschultz, Reinhard Gorenflos, Jacques Garaïalde, Michael M. Calbert, Scott C. Nuttall and William J. Janetschek. Mr. Michelson is a member of the board of directors of the Issuer. Each such individual may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by KKR Millennium GP LLC but disclaims beneficial ownership of such Shares.
KKR 2006 Fund L.P. (the 2006 Fund) directly owns 8,642,157, or 9.4%, of the units of Hercules Holding II, LLC. OPERF Co-Investment LLC (OPERF Co-Investment) directly owns 196,078, or 0.2%, of the units of Hercules Holding II, LLC. As the sole general partner of the 2006 Fund and as the sole general manager of OPERF Co-Investment, KKR Associates 2006 L.P. may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by the 2006 Fund and by OPERF Co-Investment. As the sole general partner of KKR Associates 2006 L.P., KKR 2006 GP LLC may also be deemed to share voting and dispositive power with respect to any Shares beneficially owned by the 2006 Fund and by OPERF Co-Investment. The 2006 Fund, OPERF Co-Investment, KKR Associates 2006 L.P. and KKR 2006 GP LLC disclaim beneficial ownership of such Shares. KKR 2006 GP LLC is a limited liability company, the managing members of which are Messrs. Henry R. Kravis and George R. Roberts, and the other members of which are Michael W. Michelson, Perry Golkin, Johannes P. Huth, Todd A. Fisher, Alexander Navab, Marc S. Lipschultz, Reinhard Gorenflos, Scott C. Nuttall, Joseph Y. Bae, Brian F. Carroll, John K. Saer, Jr. and William J. Janetschek. Each such individual may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by KKR 2006 GP LLC but disclaims beneficial ownership of such Shares.
At the time of the filing of the Original Schedule 13G, KKR PEI Investments, L.P. (PEI Investments) directly owned 4,901,961, or 5.3%, of the units of Hercules Holding II, LLC. After giving effect to both the initial transfer and the post-closing adjustment described in the sixth and seventh paragraphs below, PEI Investments directly owns |
21
CUSIP No. 404119109 |
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3,949,873.017 or 4.3%, of the units of Hercules Holding II, LLC. As the sole general partner of PEI Investments, KKR PEI Associates, L.P. may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by PEI Investments. As the sole general partner of KKR PEI Associates, L.P., KKR PEI GP Limited may also be deemed to share voting and dispositive power with respect to any Shares beneficially owned by PEI Investments. PEI Investments, KKR PEI Associates, L.P. and KKR PEI GP Limited disclaim beneficial ownership of such Shares. Kohlberg Kravis Roberts & Co. L.P., pursuant to a services agreement with KKR PEI GP Limited, may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by PEI Investments. KKR & Co. L.L.C. is the general partner of Kohlberg Kravis Roberts & Co. L.P. Kohlberg Kravis Roberts & Co. L.P. and KKR & Co. L.L.C. disclaim beneficial ownership of such Shares. The managing members of KKR & Co. L.L.C. are Henry R. Kravis and George R. Roberts. The other members of KKR & Co. L.L.C. include certain individuals named in this Item 4(a) and other executives of Kohlberg Kravis Roberts & Co. L.P. Messrs. Kravis and Roberts, as managing members of KKR & Co. L.L.C., may be deemed to share beneficial ownership of any Shares beneficially owned by KKR & Co. L.L.C. but disclaim beneficial ownership of such Shares. The other members of KKR & Co. L.L.C. also disclaim beneficial ownership of any Shares beneficially owned by KKR & Co. L.L.C.
KKR Partners III, L.P. (Partners III) directly owns 319,411, or 0.3%, of the units of Hercules Holding II, LLC. As the sole general partner of Partners III, KKR III GP LLC may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by Partners III. Partners III and KKR III GP LLC disclaim beneficial ownership of such Shares. KKR III GP LLC is a limited liability company, the managing members of which are Henry R. Kravis and George R. Roberts. The other members of KKR III GP LLC include certain individuals named in this Item 4(a) and other executives of Kohlberg Kravis Roberts & Co. L.P. Messrs. Kravis and Roberts, as managing members of KKR III GP LLC, may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by KKR III GP LLC but disclaim beneficial ownership of such shares. The other members of KKR III GP LLC disclaim beneficial ownership of any Shares beneficially owned by KKR III GP LLC.
On March 13, 2009, PEI Investments agreed to transfer a portion of its co-investments in five portfolio companies, including a portion of its units of Hercules Holding II, LLC, to 8 North America Investor L.P. for an aggregate purchase price of $200,399,888 (pro rated equally among the five co-investments). PEI Investments agreed to transfer a number of its co-investment interests in these five companies with an aggregate fair value of $211,000,000 (pro rated equally among the five co-investments). PEI Investments agreed to transfer initially a number of its co-investment interests in these five portfolio companies (pro rated equally among the five co-investments) with an aggregate fair value of $211,000,000 based on their fair values as of December 31, 2008, which at the time of the initial transfer was the nearest date in respect of which such fair values had been determined. By agreement of the parties, the initial transfer was subject to a post-closing adjustment, in the manner described below. Under the agreement, after the determination of the aggregate fair value as of March 31, 2009 (which was the next date in respect of |
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CUSIP No. 404119109 |
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which such fair values were determined) of the five co-investment interests initially transferred to 8 North America Investor L.P., then (i) if such aggregate fair value as of March 31, 2009 were less than $211,000,000, PEI Investments would be required to transfer to 8 North America Investor L.P. additional co-investment interests in the five companies (pro rated equally among the five co-investments) or (ii) if such aggregate fair value as of March 31, 2009 were greater than $211,000,000, 8 North America Investor L.P. would be required to transfer back to PEI Investments a portion of the co-investment interests in the five companies initially transferred to 8 North America Investor L.P. (pro rated equally among the five co-investments), in each case, such that 8 North America Investor L.P. would then hold co-investment interests with an aggregate fair value equal to $211,000,000 (based on their fair values as of March 31, 2009), provided that the number of additional interests transferred to 8 North America Investor L.P. or the number of interests transferred back to PEI Investments would not exceed $50,100,000 in the aggregate based on the fair value of these interests as of March 31, 2009. The number of units of Hercules Holding II, LLC which were transferred initially to 8 North America Investor L.P. was 1,034,313.771. Pursuant to the post-closing adjustment described above, however, 8 North America Investor L.P. was required to transfer back to PEI Investments 82,225.788 of the units of Hercules Holding II, LLC initially transferred to 8 North America Investor L.P., which post-closing adjustment transfer occurred on June 4, 2009. After giving effect to the post-closing adjustment, the number of units of Hercules Holding II, LLC effectively transferred to 8 North America Investor L.P. was 952,087.983.
After giving effect to both the initial transfer and the post-closing adjustment described in the preceding paragraph, 8 North America Investor L.P. directly owns 952,087.983, or 1.0%, of the units of Hercules Holding II, LLC and therefore may be deemed to own indirectly the same number of Shares of the Issuer by virtue of its membership in Hercules Holding II, LLC. As the sole general partner of 8 North America Investor L.P., KKR Associates 8 NA L.P. may be deemed to share voting and dispositive power with respect to the Shares beneficially owned by 8 North America Investor L.P. As the sole general partner of KKR Associates 8 NA L.P., KKR 8 NA Limited may be deemed to share voting and dispositive power with respect to the Shares beneficially owned by 8 North America Investor L.P. KKR Associates 8 NA L.P. and KKR 8 NA Limited disclaim beneficial ownership of such Shares except to the extent of their pecuniary interest therein. KKR 8 NA Limited is an exempt limited company, the directors of which are Henry R. Kravis, George R. Roberts, Paul E. Raether, Michael W. Michelson, Michael Calbert, Johannes P. Huth, Todd A. Fisher, Alexander Navab, Marc S. Lipschultz, Scott C. Nuttall, Joseph Y. Bae, and William J. Janetschek. Each of such individuals may be deemed to share voting and dispositive power with respect to any shares beneficially owned by KKR 8 NA Limited but disclaim beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
The address of the principal business office of each individual named above who is an affiliate of Kohlberg Kravis Roberts & Co. L.P. is c/o Kohlberg Kravis Roberts & Co., 9 West 57th Street, Suite 4200, New York, NY, 10019. Each such individual who is an affiliate of Kohlberg Kravis Roberts & Co. L.P. is a citizen of the United States, except |
23
CUSIP No. 404119109 |
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for Johannes P. Huth and Reinhard Gorenflos, who are citizens of Germany, and Jacques Garaïalde, who is a citizen of France. |
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(b) |
Percent of class: |
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(c) |
Number of shares as to which the person has:
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(i) |
Sole power to vote or to direct the vote See Item 5 of each cover page. |
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(ii) |
Shared power to vote or to direct the vote See Item 6 of each cover page. |
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(iii) |
Sole power to dispose or to direct the disposition of See Item 7 of each cover page. |
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(iv) |
Shared power to dispose or to direct the disposition of See Item 8 of each cover page. |
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Item 5. |
Ownership of Five Percent or Less of a Class. |
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Not applicable. |
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Item 6. |
Ownership of More than Five Percent on Behalf of Another Person. |
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See Item 4 above. |
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Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. |
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Not applicable. |
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Item 8. |
Identification and Classification of Members of the Group. |
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As stated in Item 4 above, Hercules Holding II, LLC holds 91,845,692 shares, or 97.3%, of the Shares of the Issuer. Hercules Holding II, LLC is held by a private investor group, including affiliates of each of Bain Capital Investors, LLC, Kohlberg Kravis Roberts & Co. L.P. and Merrill Lynch Global Private Equity and by affiliates of Dr. Thomas F. Frist, Jr., the founder of the Issuer. On January 1, 2009, Merrill Lynch & Co., Inc., the parent of Merrill Lynch Global Private Equity, was acquired by Bank of America Corporation. Prior to the acquisition of Merrill Lynch & Co., Inc. by Bank of America |
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CUSIP No. 404119109 |
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Corporation, affiliates of Bank of America Corporation also held certain units of Hercules Holding II, LLC and were parties to the limited liability company agreement of Hercules Holding II, LLC. Each such person may be deemed to be a member of a group exercising voting and investment control over the Shares held by Hercules Holding II, LLC. However, each such person disclaims membership in any such group and disclaims beneficial ownership of the Shares reported on this Schedule 13G. The table below sets forth the persons that may be deemed to be a member of such group, based solely on information received from such persons: |
Affiliates of Bain Capital |
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Affiliates of Merrill Lynch |
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Affiliates of Dr. Thomas F. |
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BCIP TCV, LLC |
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Bank of America Corporation |
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Dr. Thomas F. Frist, Jr. |
Bain Capital Integral Investors 2006, LLC |
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Merrill Lynch & Co., Inc. |
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Thomas F. Frist, III |
Bain Capital Hercules Investors, LLC |
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Merrill Lynch Group, Inc. |
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Patricia C. Frist |
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Merrill Lynch GP Inc. |
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Patricia F. Elcan |
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ML Global Private Equity Partners, L.P. |
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Frisco, Inc. |
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MLGPE Ltd |
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Frisco Partners |
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ML Global Private Equity Fund, L.P. |
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William R. Frist |
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ML HCA Co-Invest, Ltd. |
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ML HCA Co-Invest, LP |
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Merrill Lynch Ventures, LLC |
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Merrill Lynch Ventures L.P. 2001 |
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Each such person has separately complied with its Schedule 13G reporting obligations with respect to the Issuer. |
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Item 9. |
Notice of Dissolution of Group. |
Not applicable. |
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Item 10. |
Certifications. |
Not applicable. |
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CUSIP No. 404119109 |
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Signatures
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated June 5, 2009
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KKR MILLENNIUM FUND L.P. |
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By: |
KKR Associates Millennium L.P., general partner |
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By: |
KKR Millennium GP LLC, general partner |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Attorney-in-fact for Henry R. Kravis, Managing Member |
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KKR ASSOCIATES MILLENNIUM L.P. |
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By: |
KKR Millennium GP LLC, general partner |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Attorney-in-fact for Henry R. Kravis, Managing Member |
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KKR MILLENNIUM GP LLC |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Attorney-in-fact for Henry R. Kravis, Managing Member |
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KKR 2006 FUND L.P. |
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By: |
KKR Associates 2006 L.P., general partner |
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By: |
KKR 2006 GP LLC, general partner |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Attorney-in-fact for Henry R. Kravis, Managing Member |
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CUSIP No. 404119109 |
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KKR ASSOCIATES 2006 L.P. |
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By: |
KKR 2006 GP LLC, general partner |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Attorney-in-fact for Henry R. Kravis, Managing Member |
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KKR 2006 GP LLC |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Attorney-in-fact for Henry R. Kravis, Managing Member |
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OPERF CO-INVESTMENT L.L.C. |
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By: |
KKR Associates 2006 L.P., general partner |
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By: |
KKR 2006 GP LLC, general partner |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Attorney-in-fact for Henry R. Kravis, Managing Member |
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KKR PEI INVESTMENTS, L.P. |
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By: |
KKR PEI Associates L.P., general partner |
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By: |
KKR PEI GP Limited, general partner |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Director |
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CUSIP No. 404119109 |
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KKR PEI ASSOCIATES L.P. |
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By: |
KKR PEI GP Limited, general partner |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Director |
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KKR PEI GP LIMITED |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Director |
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KOHLBERG KRAVIS ROBERTS & CO. L.P. |
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By: |
KKR & Co. L.L.C., general partner |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Director |
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KKR PARTNERS III, L.P. |
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By: |
KKR III GP L.L.C., general partner |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Attorney-in-fact for Henry R. Kravis, Managing Member |
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KKR III GP L.L.C. |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Attorney-in-fact for Henry R. Kravis, Managing Member |
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CUSIP No. 404119109 |
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8 NORTH AMERICA INVESTOR L.P. |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Director |
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KKR ASSOCIATES 8 NA L.P. |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Director |
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KKR 8 NA LIMITED |
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By: |
/s/ William J. Janetschek |
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Name: William Janetschek |
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Title: Director |
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29
CUSIP No. 404119109 |
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EXHIBITS
Exhibit |
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Title |
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1 |
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Joint Filing Agreement (incorporated by reference to Exhibit 1 to the Schedule 13G/A filed by KKR Millennium Fund, L.P. with respect to HCA Inc. on March 23, 2009). |
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2 |
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Power of Attorney of 8 North America Investor L.P., KKR Associates 8 NA L.P. and KKR 8 NA Limited (incorporated by reference to Exhibit 24.1 to the Form 3 filed by 8 North America Investor L.P. with respect to HCA Inc. on March 23, 2009). |
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3 |
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Power of Attorney of each Reporting Person other than 8 North America Investor L.P., KKR Associates 8 NA L.P. and KKR 8 NA Limited (incorporated by reference to Exhibit 24.1 to the Form 3 filed by KKR Millennium Fund, L.P. with respect to HCA Inc. on April 29, 2008). |