sec document
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13d-1(a) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. 3)(1)
SIRVA, INC.
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(Name of issuer)
COMMON STOCK, $0.01 PAR VALUE PER SHARE
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(Title of class of securities)
82967Y 10 4
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(CUSIP number)
STEVEN WOLOSKY, ESQ.
OLSHAN GRUNDMAN FROME ROSENZWEIG & WOLOSKY LLP
Park Avenue Tower
65 East 55th Street
New York, New York 10022
(212) 451-2300
--------------------------------------------------------------------------------
(Name, address and telephone number of person
authorized to receive notices and communications)
February 6, 2007
--------------------------------------------------------------------------------
(Date of event which requires filing of this statement)
----------------------------
1. 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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box / /.
NOTE. The Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. SEE Rule
13d-7(b) for other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 13 Pages)
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CUSIP No. 82967Y 10 4 13D Page 2 of 13 Pages
------------------------ ----------------------
================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MLF Investments, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF, OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 shares
OWNED BY -----------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 11,276,800(1) shares
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 shares
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
11,276,800(1) shares
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
11,276,800(1) shares
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(1) Includes 5,000,000 shares issuable upon conversion of the 8% convertible
perpetual preferred stock of the Issuer (the "Convertible Preferred Stock"),
since issuance of such Convertible Preferred Stock could be approved by
shareholders within 60 days from the date hereof. Upon receipt of
shareholder approval, the Convertible Preferred Stock shall be issued to MLF
Offshore Portfolio Company, L.P. ("MLF Offshore") in exchange for the 10%
senior convertible note, due June 1, 2011, which MLF Offshore currently
holds (the "Exchange"). As of the date hereof, the Issuer has not solicited
proxies to approve the Exchange and there is no assurance that the Exchange
will be approved by the shareholders of the Issuer within 60 days from the
date hereof.
------------------------ ----------------------
CUSIP No. 82967Y 10 4 13D Page 3 of 13 Pages
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================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MLF Offshore Portfolio Company, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 shares
OWNED BY -----------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 11,276,800(1) shares
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 shares
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
11,276,800(1) shares
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
11,276,800(1) shares
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(1) Includes 5,000,000 shares issuable upon conversion of the 8% convertible
perpetual preferred stock of the Issuer (the "Convertible Preferred Stock"),
since issuance of such Convertible Preferred Stock could be approved by
shareholders within 60 days from the date hereof. Upon receipt of
shareholder approval, the Convertible Preferred Stock shall be issued to MLF
Offshore Portfolio Company, L.P. ("MLF Offshore") in exchange for the 10%
senior convertible note, due June 1, 2011, which MLF Offshore currently
holds (the "Exchange"). As of the date hereof, the Issuer has not solicited
proxies to approve the Exchange and there is no assurance that the Exchange
will be approved by the shareholders of the Issuer within 60 days from the
date hereof.
------------------------ ----------------------
CUSIP No. 82967Y 10 4 13D Page 4 of 13 Pages
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================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MLF Cayman GP, Ltd.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF, OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 shares
OWNED BY -----------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 11,276,800(1) shares
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 shares
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
11,276,800(1) shares
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
11,276,800(1) shares
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(1) Includes 5,000,000 shares issuable upon conversion of the 8% convertible
perpetual preferred stock of the Issuer (the "Convertible Preferred Stock"),
since issuance of such Convertible Preferred Stock could be approved by
shareholders within 60 days from the date hereof. Upon receipt of
shareholder approval, the Convertible Preferred Stock shall be issued to MLF
Offshore Portfolio Company, L.P. ("MLF Offshore") in exchange for the 10%
senior convertible note, due June 1, 2011, which MLF Offshore currently
holds (the "Exchange"). As of the date hereof, the Issuer has not solicited
proxies to approve the Exchange and there is no assurance that the Exchange
will be approved by the shareholders of the Issuer within 60 days from the
date hereof.
------------------------ ----------------------
CUSIP No. 82967Y 10 4 13D Page 5 of 13 Pages
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================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MLF Capital Management, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF, OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 shares
OWNED BY -----------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 11,276,800(1) shares
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 shares
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
11,276,800(1) shares
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
11,276,800(1) shares
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(1) Includes 5,000,000 shares issuable upon conversion of the 8% convertible
perpetual preferred stock of the Issuer (the "Convertible Preferred Stock"),
since issuance of such Convertible Preferred Stock could be approved by
shareholders within 60 days from the date hereof. Upon receipt of
shareholder approval, the Convertible Preferred Stock shall be issued to MLF
Offshore Portfolio Company, L.P. ("MLF Offshore") in exchange for the 10%
senior convertible note, due June 1, 2011, which MLF Offshore currently
holds (the "Exchange"). As of the date hereof, the Issuer has not solicited
proxies to approve the Exchange and there is no assurance that the Exchange
will be approved by the shareholders of the Issuer within 60 days from the
date hereof.
------------------------ ----------------------
CUSIP No. 82967Y 10 4 13D Page 6 of 13 Pages
------------------------ ----------------------
================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MLF Holdings, LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF, OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 shares
OWNED BY -----------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 11,276,800(1) shares
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 shares
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
11,276,800(1) shares
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
11,276,800(1) shares
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(1) Includes 5,000,000 shares issuable upon conversion of the 8% convertible
perpetual preferred stock of the Issuer (the "Convertible Preferred Stock"),
since issuance of such Convertible Preferred Stock could be approved by
shareholders within 60 days from the date hereof. Upon receipt of
shareholder approval, the Convertible Preferred Stock shall be issued to MLF
Offshore Portfolio Company, L.P. ("MLF Offshore") in exchange for the 10%
senior convertible note, due June 1, 2011, which MLF Offshore currently
holds (the "Exchange"). As of the date hereof, the Issuer has not solicited
proxies to approve the Exchange and there is no assurance that the Exchange
will be approved by the shareholders of the Issuer within 60 days from the
date hereof.
------------------------ ----------------------
CUSIP No. 82967Y 10 4 13D Page 7 of 13 Pages
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================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Matthew L. Feshbach
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
--------------------------------------------------------------------------------
3 SEC USE ONLY
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4 SOURCE OF FUNDS*
AF, OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 shares
OWNED BY -----------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 11,276,800(1) shares
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 shares
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
11,276,800(1) shares
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
11,276,800(1) shares
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(1) Includes 5,000,000 shares issuable upon conversion of the 8% convertible
perpetual preferred stock of the Issuer (the "Convertible Preferred Stock"),
since issuance of such Convertible Preferred Stock could be approved by
shareholders within 60 days from the date hereof. Upon receipt of
shareholder approval, the Convertible Preferred Stock shall be issued to MLF
Offshore Portfolio Company, L.P. ("MLF Offshore") in exchange for the 10%
senior convertible note, due June 1, 2011, which MLF Offshore currently
holds (the "Exchange"). As of the date hereof, the Issuer has not solicited
proxies to approve the Exchange and there is no assurance that the Exchange
will be approved by the shareholders of the Issuer within 60 days from the
date hereof.
------------------------ ----------------------
CUSIP No. 82967Y 10 4 13D Page 8 of 13 Pages
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The following constitutes Amendment No. 3 ("Amendment No. 3") to the
Schedule 13D filed by the undersigned. This Amendment No. 3 amends the Schedule
13D as specifically set forth.
Item 3 is hereby amended and restated to read as follows:
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
As of February 6, 2007, MLF Offshore had invested (a) $41,181,120
(inclusive of brokerage commissions) in shares of common stock (the "Shares")
and (b) an additional $15,000,000 in the 10% Note (as defined and described in
Item 6 hereof), which can be converted into Shares of the Issuer, subject to and
conditioned upon approval of the shareholders of the Issuer. The source of the
foregoing funds came from the working capital of MLF Offshore. None of MLFI, MLF
Cayman, Mr. Feshbach, MLF Holdings or MLF Capital directly owns any Shares.
Items 5(a)-(c) are hereby amended and restated to read as follows:
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) The aggregate percentage of Shares reported owned by each person
named herein is based upon 78,964,515 Shares, which is the sum of (i) the
73,964,515 Shares outstanding as of December 31, 2006, as reported in the
Issuer's Annual Report on Form 10-K, as filed with the Securities and Exchange
Commission on January 30, 2007 and (ii) the 5,000,000 Shares issuable to MLF
Offshore upon the conversion of the Convertible Preferred Stock issuable to MLF
Offshore, subject to shareholder approval.
As of the close of business on February 6, 2007, each of MLFI, MLF
Offshore, MLF Cayman, Mr. Feshbach, MLF Holdings and MLF Capital beneficially
owned 11,276,800 Shares (consisting of (i) 6,276,800 Shares held directly by MLF
Offshore and (ii) 5,000,000 Shares issuable to MLF Offshore upon conversion of
the Convertible Preferred Stock issuable to MLF Offshore, subject to shareholder
approval), constituting approximately 14.3% of the Shares outstanding.
(b) Each of MLFI, MLF Offshore, MLF Cayman, Mr. Feshbach, MLF
Holdings and MLF Capital shares the power to vote and dispose or to direct the
vote and disposition of 11,276,800 Shares (consisting of (i) 6,276,800 Shares
held directly by MLF Offshore and (ii) 5,000,000 Shares issuable to MLF Offshore
upon conversion of the Convertible Preferred Stock issuable to MLF Offshore,
subject to shareholder approval), or 14.3% of the Shares outstanding.
(c) Schedule A annexed hereto lists all transactions in the Shares
during the past sixty days by the Reporting Persons. All of such transactions
were effected in the open market.
Item 6 is hereby amended to include the following:
On September 29, 2006, pursuant to the terms of the Securities
Purchase Agreement, dated as of September 25, 2006 (the "Securities Purchase
Agreement"), by and between the Issuer, ValueAct Capital Master Fund, L.P.
("ValueAct Capital") and MLF Offshore, MLF Offshore purchased from the Company a
10% senior convertible note due June 1, 2011 in the principal amount of
$15,000,000. The 10% Note purchased by MLF Offshore will automatically convert
into 15,000 shares of 8% convertible perpetual preferred stock of the Issuer
(the "Convertible Preferred Stock") upon stockholder approval of the conversion
of the 10% Note and the related issuance of the Convertible Preferred Stock. The
Convertible Preferred Stock that would be issued upon conversion of the 10% Note
purchased by MLF Offshore would initially be convertible, at the option of MLF
Offshore, into 5,000,000 Shares (the "Conversion Shares") at an initial
conversion price of $3.00 per share of Common Stock, subject to adjustment.
------------------------ ----------------------
CUSIP No. 82967Y 10 4 13D Page 9 of 13 Pages
------------------------ ----------------------
Under certain circumstances, the Issuer would be able to require the conversion
of the Convertible Preferred Stock into Shares on or after September 25, 2008.
Pursuant to the terms of a Registration Rights Agreement, dated as of September
29, 2006 (the "Registration Rights Agreement"), by and among the Issuer,
ValueAct Capital and MLF Offshore, the Issuer has agreed to file a registration
statement with the Securities and Exchange Commission to register the resale of
the Convertible Preferred Stock and Common Stock issuable upon conversion
thereof, and has also granted certain piggyback registration rights with respect
thereto.
In connection with the transactions contemplated by the Securities
Purchase Agreement, MLF Offshore has entered into a Voting Agreement, dated as
of September 29, 2006 (the "Voting Agreement"), with ValueAct, Clayton, Dubilier
& Rice Fund V Limited Partnership and Clayton, Dubilier & Rice Fund VI Limited
Partnership, in which MLF Offshore has agreed (i) to vote all Shares
beneficially owned by it in favor of the issuance of the Convertible Preferred
Stock upon conversion of the 10% Note and (ii) not to transfer any Shares
beneficially owned by it to any person, unless such person agrees to be bound by
the terms of the Voting Agreement.
Each of the Securities Purchase Agreement, 10% Note, Registration
Rights Agreement and Voting Agreement is filed as an exhibit hereto and
incorporated herein by reference.
Item 7 is hereby amended to include the following:
Item 7. MATERIAL TO BE FILED AS EXHIBITS.
No. Exhibit Description
--- -------------------
2. Securities Purchase Agreement, dated as of September 25, 2006, by
and between Sirva, Inc., ValueAct Capital Master Fund, L.P. and MLF
Offshore Portfolio Company, L.P.
3. Sirva, Inc. 10% Senior Convertible Note due June 1, 2011
4. Registration Rights Agreement, dated as of September 29, 2006, by
and among Sirva, Inc., ValueAct Capital Master Fund, L.P. and MLF
Offshore Portfolio Company, L.P.
5. Voting Agreement, dated as of September 29, 2006, among ValueAct
Capital Master Fund, L.P., MLF Offshore Portfolio Company, L.P.,
Clayton, Dubilier & Rice Fund V Limited Partnership and Clayton,
Dubilier & Rice Fund VI Limited Partnership.
------------------------ ----------------------
CUSIP No. 82967Y 10 4 13D Page 10 of 13 Pages
------------------------ ----------------------
SIGNATURES
After reasonable inquiry and to the best of his knowledge and belief, each
of the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Dated: February 9, 2007
/s/ Matthew L. Feshbach
-------------------------------------
MATTHEW L. FESHBACH
MLF INVESTMENTS, LLC
By: /s/ Matthew L. Feshbach
---------------------------------
Name: Matthew L. Feshbach
Title: Managing Member
MLF OFFSHORE PORTFOLIO COMPANY, L.P.
By: MLF Cayman GP, Ltd.
Title: General Partner
By: MLF Capital Management, L.P.
Sole shareholder
By: MLF Holdings, LLC
General Partner
By: /s/ Matthew L. Feshbach
---------------------------------
Name: Matthew L. Feshbach
Title: Managing Member
MLF CAYMAN GP, LTD.
By: MLF Capital Management, L.P.
Sole shareholder
By: MLF Holdings, LLC
General Partner
By: /s/ Matthew L. Feshbach
---------------------------------
Name: Matthew L. Feshbach
Title: Managing Member
------------------------ ----------------------
CUSIP No. 82967Y 10 4 13D Page 11 of 13 Pages
------------------------ ----------------------
MLF CAPITAL MANAGEMENT, L.P.
By: MLF Holdings, LLC
General Partner
By: /s/ Matthew L. Feshbach
---------------------------------
Name: Matthew L. Feshbach
Title: Managing Member
MLF HOLDINGS, LLC
By: /s/ Matthew L. Feshbach
---------------------------------
Name: Matthew L. Feshbach
Title: Managing Member
------------------------ ----------------------
CUSIP No. 82967Y 10 4 13D Page 12 of 13 Pages
------------------------ ----------------------
SCHEDULE A
----------
TRANSACTIONS IN THE SHARES DURING THE PAST 60 DAYS
--------------------------------------------------
TRANSACTIONS BY MLF OFFSHORE PORTFOLIO COMPANY, L.P.
--------------------------------------------------------------------------------
Shares of Common Stock Price Per Share ($) Date of Purchase
Purchased
--------------------------------------------------------------------------------
150,000 $3.5265 02/06/07
--------------------------------------------------------------------------------
MLF INVESTMENTS, LLC
None
MLF CAYMAN GP, LTD.
None
MLF CAPITAL MANAGEMENT, L.P.
None
MLF HOLDINGS, LLC
None
MATTHEW L. FESHBACH
None
------------------------ ----------------------
CUSIP No. 82967Y 10 4 13D Page 13 of 13 Pages
------------------------ ----------------------
EXHIBIT INDEX
Exhibit Page
------- ----
1. Joint Filing Agreement by and among Previously filed.
MLF Investments, LLC, MLF Offshore
Portfolio Company, L.P., MLF Cayman
GP, Ltd., MLF Capital Management,
L.P., MLF Holdings, LLC and Matthew
L. Feshbach, dated June 28, 2005.
2. Securities Purchase Agreement, dated Incorporated by reference to
as of September 25, 2006, by and Exhibit 10.1 of the Issuer's
between Sirva, Inc., ValueAct Current Report on Form 8-K filed
Capital Master Fund, L.P. and MLF with the Securities and Exchange
Offshore Portfolio Company, L.P. Commission on September 29, 2006.
3. Form of Sirva, Inc. 10% Senior Incorporated by reference to
Convertible Note due June 1, 2011 Exhibit 4.1 of the Issuer's Current
Report on Form 8-K filed with the
Securities and Exchange Commission
on September 29, 2006.
4. Registration Rights Agreement, dated Incorporated by reference to
as of September 29, 2006, by and Exhibit 10.2 of the Issuer's
among Sirva, Inc., ValueAct Capital Current Report on Form 8-K filed
Master Fund, L.P. and MLF Offshore with the Securities and Exchange
Portfolio Company, L.P. Commission on September 29, 2006.
5. Voting Agreement, dated as of Incorporated by reference to
September 29, 2006, among ValueAct Exhibit 10.3 of the Issuer's
Capital Master Fund, L.P., MLF Current Report on Form 8-K filed
Offshore Portfolio Company, L.P., with the Securities and Exchange
Clayton, Dubilier & Rice Fund V Commission on September 29, 2006.
Limited Partnership and Clayton,
Dubilier & Rice Fund VI Limited
Partnership.