UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Tronox Incorporated
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(Name of Issuer)
Class B Common Stock, par value $0.01 per share
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(Title of Class of Securities)
897051207
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(CUSIP Number)
Mr. Robert L. Rosen
RLR Capital Partners, LP
152 West 57th Street, 21st Floor
New York, NY 10019
(212) 903-2700
With a copy to:
Marc Weingarten, Esq.
Schulte Roth & Zabel LLP
919 Third Avenue
New York, New York 10022
(212) 756-2000
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 31, 2007
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(Date of Event which Requires Filing of This Statement)
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: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 6 PAGES)
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* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
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).
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CUSIP NO. 897051207 SCHEDULE 13D PAGE 2 of 6 PAGES
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
RLR Capital Partners, LP
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
Not Applicable
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
AF
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
-0-
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NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,435,800
OWNED BY -------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH -0-
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10 SHARED DISPOSITIVE POWER
1,435,800
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,435,800
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.3%
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14 TYPE OF REPORTING PERSON*
IA
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* SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 897051207 SCHEDULE 13D PAGE 3 of 6 PAGES
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Robert L. Rosen
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
Not Applicable
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
AF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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7 SOLE VOTING POWER
-0-
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NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,435,800
OWNED BY -------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH -0-
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10 SHARED DISPOSITIVE POWER
1,435,800
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
1,435,800
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.3%
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14 TYPE OF REPORTING PERSON*
IN
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* SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 897051207 SCHEDULE 13D PAGE 4 of 6 PAGES
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ITEM 1. SECURITY AND ISSUER
This Amendment No.1 is filed with respect to the shares of the Class B
common stock, par value $0.01 per share (the "Class B Shares"), of Tronox
Incorporated (the "Issuer"), beneficially owned by the Reporting Persons (as
defined in the Schedule 13D filed with the Securities and Exchange Commission on
November 8, 2007 (the "Schedule 13D")) as of January 2, 2008 and amends and
supplements the Schedule 13D. Except as set forth herein, the Schedule 13D is
unmodified.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
All of the funds used to purchase the Class B Shares described in this
Schedule 13D came from the working capital of the RLR Focus Master Fund, LP (the
"Fund"). A total of approximately $14.1 million was paid to acquire such Class B
Shares.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) The Reporting Persons beneficially own 1,435,800 Class B Shares,
constituting approximately 6.3% of the Class B Shares outstanding.
The aggregate percentage of Class B Shares beneficially owned by the
Reporting Persons is based upon 22,889,431 Class B Shares outstanding, which is
the total number of Class B Shares outstanding as of October 31, 2007 as
reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities
and Exchange Commission on November 7, 2007.
(b) RLR, Manager and Mr. Rosen share power to vote and direct the
disposition of all of the Class B Shares held by the Fund. Thus, as of January
2, 2008, the Reporting Persons may be deemed to beneficially own 1,435,800 Class
B Shares, or 6.3% of the Class B Shares deemed issued and outstanding as of that
date.
(c) The following transactions in the Class B Shares were effected by the
Reporting Persons since the filing of the Schedule 13D, each of which was
effected in open market transactions.
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Trade Date Shares Purchased (Sold) Price per Share ($)
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11/15/2007 2,200 8.27
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11/16/2007 4,900 8.22
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11/19/2007 19,000 7.92
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11/20/2007 10,000 7.94
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11/27/2007 5,000 7.68
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11/28/2007 1,300 7.85
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11/29/2007 6,600 8.03
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11/30/2007 22,000 8.01
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11/30/2007 15,000 8.03
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11/30/2007 25,000 8.08
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12/04/2007 25,000 7.50
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12/05/2007 10,000 7.21
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CUSIP NO. 897051207 SCHEDULE 13D PAGE 5 of 6 PAGES
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12/12/2007 500 7.60
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12/14/2007 20,000 7.49
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12/17/2007 30,000 7.12
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12/18/2007 10,000 7.03
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12/19/2007 2,000 6.91
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12/20/2007 2,000 6.90
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12/31/2007 17,500 8.69
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12/31/2007 7,800 8.85
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(d) No person other than the Reporting Persons is known to have the right
to receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, such Class B Shares.
(e) Not applicable.
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CUSIP NO. 897051207 SCHEDULE 13D PAGE 6 of 6 PAGES
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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: January 2, 2008
/s/ Robert L. Rosen
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Robert L. Rosen, in his capacity
as the managing member of RLR
Capital Partners GP, LLC, the
sole general partner of RLR
Capital Partners, LP
/s/ Robert L. Rosen
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Robert L. Rosen