UNITED STATES

 

 

SECURITIES AND EXCHANGE
COMMISSION

 

 

Washington, D.C. 20549

 

 

SCHEDULE 13D/A

 

 

Under the Securities Exchange Act of 1934
(Amendment No.  2)*

 

Pacific Energy Partners L.P.

(Name of Issuer)

 

Common Units

(Title of Class of Securities)

 

69422R 10 5

(CUSIP Number)

 

Jeffrey A. Welikson
Vice President and Corporate Secretary
Lehman Brothers Holdings Inc.
399 Park Avenue, 11th Floor
New York, NY 10022
(212) 526-0858

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

July 14, 2005

(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

* 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).

 



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Lehman Brothers Holdings Inc.
13-3216325

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
7,321,315*

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
7,321,315*

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
7,321,315*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
18.2%**

 

 

14.

Type of Reporting Person (See Instructions)
HC/CO


*The number of Common Units reported as beneficially owned includes 5,490,986 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 1,830,329 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units, 802,628 General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

2



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Lehman Brothers Merchant Banking Associates III L.L.C.
87-0726813

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
4,909,132*

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
4,909,132*

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
4,909,132*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
12.2%**

 

 

14.

Type of Reporting Person (See Instructions)
OO


*The number of Common Units reported as beneficially owned includes 3,681,849 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 1,227,283 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units,  802,628 General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

3



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Lehman Brothers Inc.
13-2518466

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
1,535,216 *

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
1,535,216 *

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
1,535,216 *

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
3.8%**

 

 

14.

Type of Reporting Person (See Instructions)
BD/CO


*The number of Common Units reported as beneficially owned includes 1,151,412 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 383,804 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units, 802,628 General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

4



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Lehman Brothers Private Equity Advisers L.L.C.
01-0683749

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
867,552*

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
867,552*

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
867,552*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
2.2%**

 

 

14.

Type of Reporting Person (See Instructions)
OO


*The number of Common Units reported as beneficially owned includes 650,661 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 216,887 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units,  802,628 General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

5



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Lehman Brothers Merchant Banking Associates III, L.P.
87-0726814

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
4,909,132*

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
4,909,132*

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
4,909,132*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
12.2%**

 

 

14.

Type of Reporting Person (See Instructions)
PN


*The number of Common Units reported as beneficially owned includes 3,681,849  Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 1,227,283 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units, 802,628 General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

6



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
LBMB Partners AIV I L.P.
20-1804672

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO, BK

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
1,263,125*

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
1,263,125*

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
1,263,125*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
3.1%**

 

 

14.

Type of Reporting Person (See Instructions)
PN


*The number of Common Units reported as beneficially owned includes 947,344 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 315,781 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units, 802,628 General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

7



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
LBMB Fund (B) AIV I L.P.
20-1804750

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO, BK

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
73,255*

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
73,255*

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
73,255*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
0.2%**

 

 

14.

Type of Reporting Person (See Instructions)
PN


*The number of Common Units reported as beneficially owned includes 54,941 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 18,314 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units, 802,628 General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

8



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
LBMB Fund AIV I L.P.
20-1804789

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO, BK

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
31,604*

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
31,604*

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
31,604*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
0.0%**

 

 

14.

Type of Reporting Person (See Instructions)
PN


*The number of Common Units reported as beneficially owned includes 10,203 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 3,401 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units, 802,628 General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

9



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
LBMB Capital Partners V AIV I L.P.
20-1958891

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO, BK

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
130,812*

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
130,812*

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
130,812*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
0.3%**

 

 

14.

Type of Reporting Person (See Instructions)
PN


*The number of Common Units reported as beneficially owned includes 98,109 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 32,703 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units, 802,628 General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

10



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
LBMB AIV II L.P.
20-2486448

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO, BK

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
2,718,807*

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
2,718,807*

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
2,718,807*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
6.8%**

 

 

14.

Type of Reporting Person (See Instructions)
PN


*The number of Common Units reported as beneficially owned includes 2,039,105 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 679,702 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units, 802,628 General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

11



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Lehman Sidecar I, LLC
20-2531515

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO, BK

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
906,269*

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
906,269*

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
906,269*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
2.3%**

 

 

14.

Type of Reporting Person (See Instructions)
OO


*The number of Common Units reported as beneficially owned includes 679,702 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 226,567 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units, 802,628 General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

12



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
LB I Group Inc.
13-2741778

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
1,534,169*

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
1,534,169*

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
1,534,169*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
3.8%**

 

 

14.

Type of Reporting Person (See Instructions)
HC/CO


*The number of Common Units reported as beneficially owned includes 1,150,627 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 383,542 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units, 802,628 General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

13



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Lehman Brothers Diversified Private Equity Fund 2004 Partners
51-0517268

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO, BK

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
New York

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
867,548*

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
867,548*

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
867,548*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
2.2%**

 

 

14.

Type of Reporting Person (See Instructions)
PN


*The number of Common Units reported as beneficially owned includes 650,661 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 216,887 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units, 802,628 General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

14



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
LB Pacific GP, LLC
35-2247534

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
10,465,000*

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
10,465,000*

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
10,465,000*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
26.08%**

 

 

14.

Type of Reporting Person (See Instructions)
OO


*The number of Common Units reported as beneficially owned includes 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 2,616,250 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units, 802,628 General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

15



 

CUSIP No.   69422R 10 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
LB Pacific, LP
35-2247536

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO, BK

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
10,465,000*

 

8.

Shared Voting Power 

 

9.

Sole Dispositive Power 
10,465,000*

 

10.

Shared Dispositive Power 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
10,465,000*

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
26.08%**

 

 

14.

Type of Reporting Person (See Instructions)
PN


*The number of Common Units reported as beneficially owned includes 7,848,750  Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3 of the Original Schedule 13D) and 2,616,250 Common Units and is based solely on the calculation described in Item 5 for this entity and does not take into account the terms of the governing limited partnership agreement.

** Based on 31,450,000 Common Units,  802,628  General Partner Interests and 7,848,750 Subordinated Units (as if converted on a one-to-one basis into Common Units as described in Item 3) outstanding as of 2/28/2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

16



 

This Amendment No. 2 to Schedule 13D (this “Amendment”) is filed by the Reporting Persons as an amendment to Amendment No. 1 to Schedule 13D (the “First Amended Schedule 13D”), as filed with the Securities and Exchange Commission on March 31, 2005. This Amendment is filed in order to update information about the owners of the pecuniary interests in LB Pacific, LP (the “Buyer” ) and LB Pacific GP, LLC (“Buyer GP”). During 2005, after a series of capital calls, LB I Group Inc. (“LB I Group”) allocated interests in Buyer and Buyer GP to several investment funds, all of which are managed by affiliates of Lehman Brothers Holdings Inc. (“Holdings”). These investment funds include LBMB Partners AIV I L.P., LBMB Fund (B) AIV I L.P., LBMB Fund AIV I L.P., LBMB Capital Partners V AIV I L.P., LBMB AIV II L.P., Lehman Sidecar I , LLC and Lehman Brothers Diversified Private Equity Fund 2004 Partners.

Following the transactions that are the subject of this Amendment No. 2 to Schedule 13D, these funds and LB I Group directly own a 69.96% limited partner interest in Buyer and a 69.93% percent membership interest in Buyer GP. Holdings has ultimate voting power with respect to the operations of Buyer GP. Buyer GP is the sole general partner of Buyer. Buyer is the sole limited partner of Pacific Energy GP, LP which is the sole general partner of  Pacific Energy Partners, L.P. (the “Issuer”). Buyer is also the sole member of Pacific Energy Management LLC, which is the sole general partner of Pacific Energy GP, L.P. which is the sole general partner of the Issuer. The General Partner Interest, Common Units and the Subordinated Units of the Issuer that are the subject of this Amendment No. 2 to Schedule 13D are directly owned by Buyer.

Capitalized terms used but not defined in this Amendment have the meanings set forth in the Original Schedule 13D. The First Amended Schedule 13D is hereby amended and supplemented as follows:

 

 

Item 2.

Identity and Background

Item 2 of the First Amended Schedule 13D is hereby amended to read in its entirety as follows:

This Schedule 13D/A is filed jointly by each of the following persons pursuant to Rule 13d-1(k) promulgated by the Securities and Exchange Commission pursuant to Section 13 of the Securities and Exchange Act of 1934, as amended (the “Act”) to report the indirect acquisition of Common Units and Common Units issuable upon the conversion of Subordinated Units:

 

Lehman Brothers Holdings Inc., a Delaware corporation (“Holdings”)

745 Seventh Avenue

New York, NY

 

Holdings, through its subsidiaries, is one of the leading global investment banks, serving institutional, corporate government and high-net worth clients. Holdings is the direct 100% parent of Lehman Brothers Merchant Banking Associates III LLC, Lehman Brothers Private Equity Advisers LLC and Lehman Brothers Inc.

 

Lehman Brothers Merchant Banking Associates III L.L.C., a Delaware limited liability company  (“LBMB GP”)

745 Seventh Avenue

New York, NY 10019

 

LBMB GP is a wholly-owned subsidiary of Holdings and the general partner of LBMB LP (defined below).

 

Lehman Brothers Inc., a Delaware corporation (“LBI”)

745 Seventh Avenue

New York, NY 10019

 

LBI is a broker-dealer registered under Section 15 of the Securities Exchange Act of 1934 and is a

 

17



 

wholly-owned subsidiary of Holdings and the direct 100% parent of LB I Group, Inc.

 

Lehman Brothers Private Equity Advisers L.L.C., a Delaware limited liability company (“Equity Advisors”)

745 Seventh Avenue

New York, NY 10019

 

Equity Advisors is a wholly-owned subsidiary of Holdings and the general partner of Lehman Brothers Diversified Private Equity Fund 2004 Partners.

 

Lehman Brothers Merchant Banking Associates III L.P., a Delaware limited partnership (“LBMB LP”)

745 Seventh Avenue

New York, NY 10019

 

LBMB LP is controlled by its general partner LBMB GP. LBMB, L.P. is the manger of Lehman Sidecar and the general partner of LBMB Partners AIV I L.P., LBMB Fund (B) AIV I L.P., LBMB Fund AIV I L.P. and LBMB AIV II L.P.

 

LBMB Partners AIV I L.P., a Delaware limited partnership (“LBMB Partners”)

745 Seventh Avenue

New York, NY 10019

 

LBMB Partners is controlled by its general partner LBMB LP and owns a 12.07% limited partner interest in Buyer and a 12.08% membership interest in Buyer GP.

 

LBMB Fund (B) AIV I L.P., a Delaware limited partnership (“LBMB Fund (B)”)

745 Seventh Avenue

New York, NY 10019

 

LBMB Fund (B) is controlled by its general partner LBMB LP and owns a ..07% limited partner interest in Buyer and a .07% membership interest in Buyer GP.

 

LBMB Fund AIV I L.P., a Delaware limited partnership (“LBMB Fund”)

745 Seventh Avenue

New York, NY 10019

 

LBMB Fund is controlled by its general partner LBMB LP and owns a .13% limited partner interest in Buyer and a .13% membership interest in Buyer GP.

 

LBMB Capital Partners V AIV I L.P., a Delaware limited partnership (“AIV I”)

745 Seventh Avenue

New York, NY 10019

 

AIV I is controlled by its general partner LB I Group and owns a 1.25% limited partner interest in Buyer and a 1.25% membership interest in Buyer GP.

 

LBMB AIV II L.P., a Delaware limited partnership (“AIV II”)

745 Seventh Avenue

New York, NY 10019

 

AIV II is controlled by its general partner LBMB LP and owns a 25.98% limited partner interest in Buyer and a 26.01% membership interest in Buyer GP.

 

18



 

Lehman Sidecar I, LLC, a Delaware limited liability company (“Lehman Sidecar”)

745 Seventh Avenue

New York, NY 10019

 

Lehman Sidecar is managed by LBMB LP and owns an 8.66% limited partner interest in Buyer and an 8.67% membership interest in Buyer GP.

 

LB I Group Inc., a Delaware corporation (“LB I Group”)

745 Seventh Avenue

New York, NY 10019

 

LB I Group is a wholly-owned subsidiary of LBI and the general partner of AIV I. LBI Group owns a 13.41% limited partner interest in Buyer and a 13.42% membership interest in Buyer GP.

 

Lehman Brothers Diversified Private Equity Fund 2004 Partners, a New York general partnership (“DPEF”)

745 Seventh Avenue

New York, NY 10019

 

DPEF is managed by its attorney-in-fact Equity Advisors and owns an 8.29% limited partner interest in Buyer and an 8.30% membership interest in Buyer GP.

 

LB Pacific GP, LLC, a Delaware limited liability company (“Buyer GP”)

c/o Lehman Brothers Inc.

399 Park Avenue, 9th Floor

New York, NY 10022

 

Buyer GP was formed to act as the general partner of the Buyer and owns a 0.1% general partner interest in the Buyer.

 

LB Pacific, LP, a Delaware limited partnership (the “Buyer” )

c/o Lehman Brothers Inc.

399 Park Avenue, 9th Floor

New York, NY 10022

 

The Buyer was formed to purchase the general partner of the Issuer.

 

Each of Holdings, LBMB, LBI, Equity Advisors, LBMB LP, LBMB Partners, LBMB Fund (B), LBMB Fund, AIV I, AIV II, Lehman Sidecar, LB I Group, DPEF, Buyer GP and Buyer are together referred to as the “Reporting Persons.”  The Reporting Persons have entered into an Amended and Restated Joint Filing Agreement, dated the date hereof, a copy of which is filed with this Amendment No. 2 to Schedule 13D as Exhibit F (which is hereby incorporated by reference) pursuant to which the Reporting Persons have agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. Information with respect to each Reporting Person is given solely by such Reporting Person, and no Reporting Person assumes responsibility for the accuracy or completeness of the information furnished by another Reporting Person.  The Reporting Persons expressly disclaim that they have agreed to act as a group other than as described in this Amendment No. 2 to Schedule 13D. Pursuant to Rule 13d-4 of the Act, the Reporting Persons expressly declare that the filing of this statement shall not be construed as an admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Act or otherwise, the beneficial owner of any securities covered by this Amendment No. 2 to Schedule 13D held by any other person.

 

Certain information required by this Item 2 concerning the executive officers, directors and managers of certain of the Reporting Persons is set forth on Schedule A, attached hereto, which is incorporated herein by reference.

 

19



 

None of the Reporting Persons nor, to the best of any Reporting Person’s knowledge, none of the persons listed on Schedule A hereto has, during the last five years (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) except as set forth in Schedule B to the First Amended Schedule 13D and incorporated herein by reference, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceedings was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

Item 5.

Interest in Securities of the Issuer

 

Item 5 of the First Amended Schedule 13D is hereby amended to read in its entirety as follows:

 

(a) - (b)                   Holdings does not directly own any securities of the Issuer.  Holdings is the sole member of LBMB GP and Equity Advisors and the sole stockholder of LBI. LBMB GP is the general partner of LBMB LP which is the sole member of Lehman Sidecar and is the general partner of each of LBMB Partners, LBMB Fund (B), LBMB Fund, AIV I, and AIV II (collectively, the “GP Funds”) which own, in aggregate, a 46.96% membership interest in Buyer GP and a 46.91% limited partner interest in Buyer. Equity Advisors is the general partner of DPEF which owns an 8.3% membership interest in Buyer GP and an 8.29% limited partner interest in Buyer. LBI is the sole stockholder of LB I Group and general partner of AIV I which own, in aggregate, a 14.67% membership interest in Buyer GP and a 14.66% limited partner interest in Buyer. Buyer GP owns a .1% general partner interest in Buyer. Holdings may be deemed to possess voting and dispositive powers with respect to 69.96% of the Subordinated Units and 69.96% of the Common Units directly held by Buyer which is an aggregate of 5,490,986 Subordinated Units and 1,830,329 Common Units.

 

LBMB GP does not directly own any securities of the Issuer.  LBMB GP is the general partner of LBMB, L.P. LBMB LP is the sole member of Lehman Sidecar and is the general partner of each of the GP Funds. The GP Funds and Lehman Sidecar own, in aggregate, a 46.96% membership interest in Buyer GP and a 46.91% limited partner interest in Buyer. Buyer GP is the general partner of the Buyer. LBMB GP may be deemed to possess voting and dispositive powers with respect to 46.91% of the Subordinated Units and 46.91% of the Common Units directly held by Buyer which is an aggregate of 3,681,849 Subordinated Units and 1,227,283 Common Units.

 

LBI does not directly own any securities of the Issuer.  LBI is the sole stockholder of LB I Group and LB I Group is the general partner of AIV I. LB I Group and AIV I, own, in aggregate, a 14.67% membership interest in Buyer GP and a 14.66% limited partner interest in Buyer. Buyer GP is the general partner of the Buyer. LBI may be deemed to possess voting and dispositive powers with respect to 14.66% of the Subordinated Units and 14.66% of the Common Units directly held by Buyer which is an aggregate of 1,150,627 Subordinated Units and 383,542 Common Units.

 

Equity Advisors does not directly own any securities of the Issuer. Equity Advisors is the attorney-in-fact of DPEF. DPEF owns an 8.30% membership interest in Buyer GP and an 8.29% limited partner interest in Buyer. Buyer GP is the general partner of the Buyer. Equity Advisors may be deemed to possess voting and dispositive powers with respect to 8.29% of the Subordinated Units and 8.29% of the Common Units directly held by Buyer which is an aggregate of 650,661 Subordinated Units and 216,887 Common Units.

 

LBMB LP does not directly own any securities of the Issuer. LBMB LP is the general partner of the GP Funds and the sole member of Lehman Sidecar. The GP Funds and Lehman Sidecar collectively own a 46.96% membership interest in Buyer GP and a

 

20



 

46.91% limited partner interest in Buyer. Buyer GP is the general partner of the Buyer. LBMB LP may be deemed to possess voting and dispositive powers with respect to 46.91% of the Subordinated Units and 46.91% of the Common Units directly held by Buyer which is an aggregate of 3,681,849 Subordinated Units and 1,227,283 Common Units.

 

LBMB Partners does not directly own any securities of the Issuer. LBMB Partners owns a 12.08% membership interest in Buyer GP and a 12.07% limited partner interest in Buyer. Buyer GP is the general partner of the Buyer. LBMB Partners may be deemed to possess voting and dispositive powers with respect to 12.07% of the Subordinated Units and 12.07% of the Common Units directly held by Buyer which is an aggregate of 947,344 Subordinated Units and 315,781 Common Units.

 

LBMB Fund (B) does not directly own any securities of the Issuer. LBMB Fund (B) owns a .07% membership interest in Buyer GP and a ..07% limited partner interest in Buyer. Buyer GP is the general partner of the Buyer. LBMB Fund may be deemed to possess voting and dispositive powers with respect to .07% of the Subordinated Units and .07% of the Common Units directly held by Buyer which is an aggregate of 54,941 Subordinated Units and 18,314 Common Units.

 

LBMB Fund does not directly own any securities of the Issuer. LBMB Fund owns a .13% membership interest in Buyer GP and a .13% limited partner interest in Buyer. Buyer GP is the general partner of the Buyer. LBMB Fund may be deemed to possess voting and dispositive powers with respect to .13% of the Subordinated Units and .13% of the Common Units directly held by Buyer which is an aggregate of 10,203 Subordinated Units and 3,401 Common Units.

 

AIV I does not directly own any securities of the Issuer. AIV I owns a 1.25% membership interest in Buyer GP and a 1.25% limited partner interest in Buyer. Buyer GP is the general partner of the Buyer. AIV I may be deemed to possess voting and dispositive powers with respect to 1.25% of the Subordinated Units and 1.25% of the Common Units directly held by Buyer which is an aggregate of 98,109 Subordinated Units and 32,703 Common Units.

 

AIV II does not directly own any securities of the Issuer. AIV II owns a 26.01% membership interest in Buyer GP and a 25.98% limited partner interest in Buyer. Buyer GP is the general partner of the Buyer. AIV II may be deemed to possess voting and dispositive powers with respect to 25.98% of the Subordinated Units and 25.98% of the Common Units directly held by Buyer which is an aggregate of 2,039,105 Subordinated Units and 679,702 Common Units.

 

Lehman Sidecar does not directly own any securities of the Issuer. Lehman Sidecar owns an 8.67% membership interest in Buyer GP and an 8.66% limited partner interest in Buyer. Buyer GP is the general partner of the Buyer. Lehman Sidecar may be deemed to possess voting and dispositive powers with respect to 8.66% of the Subordinated Units and 8.66% of the Common Units directly held by Buyer which is an aggregate of 679,702 Subordinated Units and 226,567 Common Units.

 

LB I Group does not directly own any securities of the Issuer.  LB I Group is the general partner of AIV I and owns a 13.42% membership interest in Buyer GP and a 13.41% limited partner interest in Buyer. AIV I owns a 1.25% membership interest in Buyer GP and a 1.25% limited partner interest in Buyer. Buyer GP is the general partner of the Buyer. LB I Group may be deemed to possess voting and dispositive powers with respect to 14.66% of the Subordinated Units and 14.66% of Common Units directly held by Buyer which is an aggregate of 1,052,517 Subordinated Units and 350,839 Common Units.

 

21



 

DPEF does not directly own any securities of the Issuer. DPEF owns an 8.30% membership interest in Buyer GP and an 8.29% limited partner interest in Buyer. Buyer GP is the General Partner of Buyer. DPEF may be deemed to possess voting and dispositive powers with respect to 8.29% of the Subordinated Units and 8.29% of the Common Units directly held by Buyer which is an aggregate of 650,661 Subordinated Units and 216,887 Common Units.

 

Buyer GP owns a .1% general partner interest in the Buyer. Buyer GP may be deemed to possess voting and dispositive powers with respect to all of the Subordinated Units and all of the Common Units directly held by Buyer which is an aggregate of 7,848,750 Subordinated Units and 2,616,250 Common Units.

 

Buyer directly owns an aggregate of 7,848,750 Subordinated Units which convert into an equal number of Common Units upon satisfaction of the conditions described in the Partnership Agreement, and 2,616,250 Common Units. Such units represent 26.08% of the outstanding Common Units of the Issuer based on 31,450,000 Common Units,   802,628   General Partner Interests and 7,848,750 Subordinated Units outstanding as of February 28, 2006 as reported in Issuer’s Annual Report on Form 10-K for the year ended December 31, 2005.

 

To the knowledge of the Reporting Persons, no person listed on Schedule A beneficially owns any Common Units, General Partner Interests or Subordinated Units.

 

(c)                           No transactions in Common Units were effected by the Reporting Persons, or to their knowledge, by any of the persons listed on Schedule A hereto, during the past sixty days other than as reported herein and the First Amended Schedule 13D.

 

(d)                           To the best knowledge of the Reporting Persons, no person other than the Reporting Persons and the Lenders, under certain conditions set forth in the Credit Agreement, has the right to receive, or the power to direct the receipt of dividends from, or the power to direct the receipt of proceeds of the sale of the Subordinated Units and Common Units owned by the Reporting Persons.

 

(e)                           Not applicable.

 

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

Item 6 of the First Amended Schedule 13D is hereby amended to add the following agreements thereto:

 

Amended and Restated Joint Filing Agreement

 

The Reporting Persons have entered into the Amended and Restated Joint Filing Agreement (to add Equity Advisors, LBMB LP, LBMB Partners, LBMB Fund (B), LBMB Fund, AIV I, AIV II and Lehman Sidecar and DPEF as parties thereto) dated the date hereof, a copy of which is filed with this Amendment (which is hereby incorporated by reference) pursuant to which the Reporting Persons have agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act.

 

Item 7.

Material to Be Filed as Exhibits

 

Item 7 of the First Amended Schedule 13D is hereby amended to add the following Exhibit F

 

22



 

thereto:

 

Exhibit F —    Amended and Restated Joint Filing Agreement*

 


*Filed herewith.

 

23



 

Signature

 

After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned certifies that the information set forth in this Amendment No. 2 to Schedule 13D is true, complete and correct.

 

Date: April 6, 2006

 

 

LEHMAN BROTHERS HOLDINGS INC.

 

 

 

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Vice President

 

 

 

 

 

 

 

LEHMAN BROTHERS MERCHANT BANKING
ASSOCIATES III L.L.C.

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

LEHMAN BROTHERS INC.

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Senior Vice President

 

 

 

 

 

 

 

LEHMAN BROTHERS PRIVATE EQUITY
ADVISERS L.L.C.

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

LEHMAN BROTHERS MERCHANT BANKING
ASSOCIATES III L.P.

 

 

 

 

By:

Lehman Brothers Merchant Banking
Associates III L.L.C., its general partner

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

24



 

 

LBMB PARTNERS AIV I L.P.

 

 

 

 

By:

Lehman Brothers Merchant Banking
Associates III L.L.C., its general partner

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

LBMB FUND (B) AIV I L.P.

 

 

 

 

By:

Lehman Brothers Merchant Banking
Associates III L.L.C., its general partner

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

LBMB FUND AIV I L.P.

 

 

 

 

By:

Lehman Brothers Merchant Banking
Associates III L.L.C., its general partner

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

LBMB CAPITAL PARTNERS V AIV I L.P.

 

 

 

 

By:

LB I Group Inc., its general partner

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Senior Vice President

 

 

 

 

LBMB AIV II L.P.

 

 

 

 

By:

Lehman Brothers Merchant Banking
Associates III L.L.C., its general partner

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

 

 

 

LEHMAN SIDECAR I, LLC

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

 

 

 

LB I GROUP INC.

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Senior Vice President

 

25



 

 

LEHMAN BROTHERS DIVERSIFIED PRIVATE
EQUITY FUND 2004 PARTNERS

 

 

 

 

By:

Lehman Brothers Private Equity Advisors

 

 

LLC, its attorney-in-fact

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

 

 

 

LB PACIFIC GP LLC

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

LB PACIFIC LP

 

 

 

 

By:

LB Pacific Energy GP, LLC,

 

 

its general partner

 

 

 

 

By:

/s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

26



 

SCHEDULE A

 

Schedule A of the First Amended Schedule 13D is hereby amended to read in its entirety as follows:

 

LEHMAN BROTHERS HOLDINGS INC.

BOARD OF DIRECTORS

 

NAME / TITLE

 

BUSINESS ADDRESS

 

 

 

Michael L. Ainslie

 

Lehman Brothers Holdings Inc.

Private Investor and former

 

745 Seventh Avenue

President and Chief Executive

 

New York, NY 10019

Officer of Sotheby’s Holdings

 

 

 

 

 

John F. Akers

 

Lehman Brothers Holdings Inc.

Retired Chairman of International

 

745 Seventh Avenue

Business Machines Corporation

 

New York, NY 10019

 

 

 

Roger S. Berlind

 

Lehman Brothers Holdings Inc.

Theatrical Producer

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Thomas H. Cruikshank

 

Lehman Brothers Holdings Inc.

Retired Chairman and Chief Executive

 

745 Seventh Avenue

Officer of Halliburton Company

 

New York, NY 10019

 

 

 

Marsha Johnson Evans

 

Lehman Brothers Holdings Inc.

President of American Red Cross

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Richard S. Fuld, Jr.

 

Lehman Brothers Holdings Inc.

Chairman and Chief Executive Officer

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Sir Christopher Gent

 

Lehman Brothers Holdings Inc.

Non-Executive

 

745 Seventh Avenue

Deputy Chairman of GlaxoSmithKline plc

 

New York, NY 10019

 

 

 

Henry Kaufman

 

Lehman Brothers Holdings Inc.

President of

 

745 Seventh Avenue

Henry Kaufman & Company, Inc.

 

New York, NY 10019

 

 

 

John D. Macomber

 

Lehman Brothers Holdings Inc.

Principal of

 

745 Seventh Avenue

JDM Investment Group

 

New York, NY 10019

 

 

 

Dina Merrill

 

Lehman Brothers Holdings Inc.

Director and Vice Chairman of

 

745 Seventh Avenue

RKO Pictures, Inc. and Actress

 

New York, NY 10019

 

12



 

All of the above individuals are citizens of the United States, except for Sir Christopher Gent, who is a citizen of the United Kingdom.

 

LEHMAN BROTHERS HOLDINGS INC.

EXECUTIVE OFFICERS

 

NAME / TITLE

 

BUSINESS ADDRESS

 

 

 

Richard S. Fuld, Jr.

 

Lehman Brothers Holdings Inc.

Chairman and Chief Executive Officer

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Jonathan E. Beyman

 

Lehman Brothers Holdings Inc.

Chief of Operations and Technology

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

David Goldfarb

 

Lehman Brothers Holdings Inc.

Chief Administrative Officer

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Joseph M. Gregory

 

Lehman Brothers Holdings Inc.

President and Chief Operating Officer

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Christopher O’Meara

 

Lehman Brothers Holdings Inc.

Chief Financial Officer and Controller

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Thomas A. Russo

 

Lehman Brothers Holdings Inc.

Chief Legal Officer

 

745 Seventh Avenue

 

 

New York, NY 10019

 

All above individuals are citizens of the United States.

 

LEHMAN BROTHERS MERCHANT BANKING ASSOCIATES III L.L.C.

MANAGER

 

Sole member managed by Lehman Brothers Holdings Inc.

 

EXECUTIVE OFFICERS

 

Charles Ayres

 

Lehman Brothers Holdings Inc.

President

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

E. Daniel James

 

Lehman Brothers Holdings Inc.

Vice President

 

745 Seventh Avenue

 

 

New York, NY 10019

 

13



 

David Morse

 

Lehman Brothers Holdings Inc.

Vice President

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Javier Banon

 

Lehman Brothers Holdings Inc.

Vice President

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Joe Cohen

 

Lehman Brothers Holdings Inc.

Vice President

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Joshua L. Collins

 

Lehman Brothers Inc.

Vice President

 

399 Park Avenue, 9th Floor

 

 

New York, NY 10022

 

 

 

Christopher Manning

 

Lehman Brothers Inc.

Vice President

 

399 Park Avenue, 9th Floor

 

 

New York, NY 10022

 

 

 

David Wilmott

 

Lehman Brothers Holdings Inc.

Vice President

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Murat Erkurt

 

Lehman Brothers Holdings Inc.

Vice President

 

745 Seventh Avenue

 

 

New York, NY 10019

 

All above individuals are citizens of the United States.

 

LEHMAN BROTHERS INC.

BOARD OF DIRECTORS

 

NAME / TITLE

 

BUSINESS ADDRESS

 

 

 

Thomas A. Cruikshank

 

Lehman Brothers Holdings Inc.

Retired Chairman and Chief

 

745 Seventh Avenue

Executive Officer of Halliburton

 

New York, New York 10019

Company

 

 

 

 

 

Howard L. Clark, Jr.

 

Lehman Brothers Holdings Inc.

Vice Chairman

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Frederick Frank

 

Lehman Brothers Holdings Inc.

Vice Chairman

 

745 Seventh Avenue

 

 

New York, NY 10019

 

14



 

Richard S. Fuld, Jr.

 

Lehman Brothers Holdings Inc.

Chairman and Chief Executive Officer

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Harvey M. Krueger

 

Lehman Brothers Holdings Inc.

Vice Chairman

 

745 Seventh Avenue

 

 

New York, NY 10019

 

All above individuals are citizens of the United States.

 

LEHMAN BROTHERS INC.

EXECUTIVE OFFICERS

 

 

NAME / TITLE

 

BUSINESS ADDRESS

 

 

 

Richard S. Fuld, Jr.

 

Lehman Brothers Holdings Inc.

Chairman and Chief Executive Officer

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

David Goldfarb

 

Lehman Brothers Holdings Inc.

Chief Administrative Officer

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Joseph M. Gregory

 

Lehman Brothers Holdings Inc.

President and Chief Operating Officer

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Jonathan E. Beyman

 

Lehman Brothers Holdings Inc.

Chief of Operations and Technology

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Christopher O’Meara

 

Lehman Brothers Holdings Inc.

Chief Financial Officer and Controller

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Thomas A. Russo

 

Lehman Brothers Holdings Inc.

Chief Legal Officer

 

745 Seventh Avenue

 

 

New York, NY 10019

 

All above individuals are citizens of the United States.

 

LEHMAN BROTHERS PRIVATE EQUITY ADVISERS L.L.C.

MANAGER

 

BOARD OF MANAGERS

 

Michael J. Odrich

 

Lehman Brothers Holdings Inc.

 

 

745 Seventh Avenue

 

 

New York, NY 10019

 

15



 

Steven L. Berkenfeld

 

Lehman Brothers Holdings Inc.

 

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Ruth E. Horowitz

 

Lehman Brothers Holdings Inc.

 

 

745 Seventh Avenue

 

 

New York, NY 10019

 

EXECUTIVE OFFICERS

 

Michael J. Odrick

 

Lehman Brothers Holdings Inc.

President

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Steven L. Berkenfeld

 

Lehman Brothers Holdings Inc.

Vice President

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Jerome Trezzolino

 

Lehman Brothers Holdings Inc.

Vice President

 

745 Seventh Avenue

 

 

New York, NY 10019

 

LEHMAN BROTHERS MERCHANT BANKING ASSOCIATES III, L.P.

GENERAL PARTNER

 

Lehman Brothers Merchant

 

399 Park Avenue, 9th Floor

Banking Associates III L.L.C.

 

New York, NY 10022

 

LBMB PARTNERS AIV I L.P.

GENERAL PARTNER

 

Lehman Brothers Merchant

 

399 Park Avenue, 9th Floor

Banking Associates III L.L.C.

 

New York, NY 10022

 

LBMB FUND (B) AIV I L.P.

GENERAL PARTNER

 

Lehman Brothers Merchant

 

399 Park Avenue, 9th Floor

Banking Associates III L.L.C.

 

New York, NY 10022

 

16



 

LBMB FUND AIV I L.P.

GENERAL PARTNER

 

Lehman Brothers Merchant

 

399 Park Avenue, 9th Floor

Banking Associates III L.L.C.

 

New York, NY 10022

 

LBMB CAPITAL PARTNERS V AIV I L.P.

GENERAL PARTNER

 

LB I Group, Inc.

 

399 Park Avenue, 9th Floor

 

 

New York, NY 10022

 

LBMB AIV II L.P.

GENERAL PARTNER

 

Lehman Brothers Merchant

 

399 Park Avenue, 9th Floor

Banking Associates III L.L.C.

 

New York, NY 10022

 

LEHMAN SIDECAR I, LLC

MANAGER

 

Sole member managed by Lehman Brothers Merchant Banking Associates III L.P.

 

GENERAL PARTNER OF MANAGER

 

Lehman Brothers Merchant

 

399 Park Avenue, 9th Floor

Banking Associates III L.L.C.

 

New York, NY 10022

 

LB I GROUP INC.

BOARD OF DIRECTORS

 

NAME / TITLE

 

BUSINESS ADDRESS

 

 

 

Edward S. Grieb

 

745 Seventh Avenue

 

 

New York, NY 10019

 

 

 

Christopher M. O’Meara

 

745 Seventh Avenue

 

 

New York, NY 10019

 

17



 

EXECUTIVE OFFICERS

 

NAME / TITLE

 

BUSINESS ADDRESS

 

 

 

Thomas Banahan

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Steven L. Berkenfeld

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Thomas E. Bernard

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Michael I. Brill

 

745 Seventh Avenue

Senior Vice President

 

New York, NY 10019

 

 

 

Michael S. Castleman

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

James R. Emmert

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Edward S. Grieb

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Robert G. Hedlund III

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Ruth E. Horowitz

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

William J. Hughes

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Alex Kirk

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Henry Klein

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

William E. Lighten

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Kurt A. Locher

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Edward B. McGeough

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Raymond C. Mikulich

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Michael J. Odrich

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Robert D. Redmond

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

18



 

James P. Seery

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Dexter F. Senft

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Brian P. Wade

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Jarett Wait

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Mark A. Walsh

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Alan Washkowitz

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Jeffrey S. Wecker

 

745 Seventh Avenue

Managing Director

 

New York, NY 10019

 

 

 

Murat Erkurt

 

745 Seventh Avenue

Controller

 

New York, NY 10019

 

 

 

Murat Erkurt

 

745 Seventh Avenue

Senior Vice President

 

New York, NY 10019

 

 

 

Anthony F. Felella

 

745 Seventh Avenue

Senior Vice President

 

New York, NY 10019

 

 

 

Gerard Fox

 

745 Seventh Avenue

Senior Vice President

 

New York, NY 10019

 

 

 

Kevin R. Genirs

 

745 Seventh Avenue

Senior Vice President

 

New York, NY 10019

 

 

 

Fred E. Steinberg

 

745 Seventh Avenue

Senior Vice President

 

New York, NY 10019

 

Above individuals are citizens of the United States.

 

LEHMAN BROTHERS DIVERSIFIED PRIVATE EQUITY FUND 2004 PARTNERS

GENERAL PARTNER

 

Lehman Brothers Private Equity

 

399 Park Avenue, 9th Floor

Advisors L.L.C.

 

New York, NY 10022

 

19



 

LB PACIFIC LP

GENERAL PARTNER

 

LB Pacific GP, LLC

 

399 Park Avenue, 9th Floor

 

 

New York, NY 10022

 

LB PACIFIC GP, LLC

BOARD OF DIRECTORS

 

NAME / TITLE

 

BUSINESS ADDRESS

 

 

 

Christopher R. Manning

 

Lehman Brothers Inc.

President

 

399 Park Avenue, 9th Floor,

 

 

New York, NY 10022

 

 

 

Joshua L. Collins

 

Lehman Brothers Inc.

Vice President, Secretary

 

399 Park Avenue, 9th Floor

 

 

New York, NY 10022

 

 

 

Jeffrey C. Weber

 

Lehman Brothers Inc.

Vice President

 

399 Park Avenue, 9th Floor

 

 

New York, NY 10022

 

OFFICERS

 

NAME / TITLE

 

BUSINESS ADDRESS

 

 

 

Christopher R. Manning

 

Lehman Brothers Inc.

President

 

399 Park Avenue, 9th Floor,

 

 

New York, NY 10022

 

 

 

Joshua L. Collins

 

Lehman Brothers Inc.

Vice President, Secretary

 

399 Park Avenue, 9th Floor

 

 

New York, NY 10022

 

 

 

Jeffrey C. Weber

 

Lehman Brothers Inc.

Vice President

 

399 Park Avenue, 9th Floor

 

 

New York, NY 10022

 

 

 

Fred E. Steinberg

 

Lehman Brothers Inc.

Vice President

 

399 Park Avenue, 9th Floor,

 

 

New York, NY 10022

 

 

 

Deborah Nordell

 

Lehman Brothers Inc.

Vice President

 

399 Park Avenue, 9th Floor

 

 

New York, NY 10022

 

20



 

Alyson I. Goldfarb

 

Lehman Brothers Inc.

Vice President

 

399 Park Avenue, 9th Floor,

 

 

New York, NY 10022

 

All of the above individuals are citizens and residents of the United States.

 

21



Exhibit E

 

AMENDED AND RESTATED

AGREEMENT REGARDING THE JOINT FILING OF AMENDMENT NO. 2 TO SCHEDULE 13D

 

The undersigned hereby agree as follows:

 

(i)                                     Each of them is individually eligible to use the Amendment No. 2 to Schedule 13D to which this Exhibit is attached, and such Schedule 13D/A is filed on behalf of each of them; and

 

(ii)                                  Each of them is responsible for the timely filing of such Schedule 13D/A and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

 

Date:  April 6, 2006

 

[Signature Pages Follow]

 



 

 

LEHMAN BROTHERS HOLDINGS INC.

 

 

 

 

 

 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Vice President

 

 

 

 

 

 

 

LEHMAN BROTHERS MERCHANT BANKING
ASSOCIATES III L.L.C.

 

 

 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Senior Vice President

 

 

 

 

 

 

 

LEHMAN BROTHERS INC.

 

 

 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Senior Vice President

 

 

 

 

LEHMAN BROTHERS PRIVATE EQUITY ADVISERS
L.L.C.

 

 

 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

 

 

 

LEHMAN BROTHERS MERCHANT BANKING
ASSOCIATES III L.P.

 

 

 

 

By:

Lehman Brothers Merchant Banking Associates III
L.L.C., its general partner

 

 

 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

LBMB PARTNERS AIV I L.P.

 

 

 

 

By:

Lehman Brothers Merchant Banking

 

 

Associates III L.L.C., its general partner

 

 

 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 



 

 

LBMB FUND (B) AIV I L.P.

 

 

 

 

By:

Lehman Brothers Merchant Banking

 

 

Associates III L.L.C., its general partner

 

 

 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

LBMB FUND AIV I L.P.

 

 

 

 

By:

Lehman Brothers Merchant Banking
Associates III L.L.C., its general partner

 

 

 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

LBMB CAPITAL PARTNERS V AIV I L.P.

 

 

 

 

By:

LB I Group its general partner

 

 

 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Senior Vice President

 

 

 

 

LBMB AIV II L.P.

 

 

 

 

By:

Lehman Brothers Merchant Banking Associates III
L.L.C., its general partner

 

 

 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

LEHMAN SIDECAR I, LLC

 

 

 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

LB I GROUP INC.

 

 

 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Senior Vice President

 

 

 

 

 

 

 

LEHMAN BROTHERS DIVERSIFIED PRIVATE
EQUITY FUND 2004 PARTNERS

 

 

 

 

By:

Lehman Brothers Private Equity Advisors

 

 

LLC, its attorney-in-fact

 



 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

LB PACIFIC GP LLC

 

 

 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory

 

 

 

 

 

 

 

LB PACIFIC LP

 

 

 

 

By:

LB Pacific Energy GP, LLC,

 

 

its general partner

 

 

 

 

By:

  /s/ Barrett S. DiPaolo

 

 

 

Barrett S. DiPaolo

 

 

Authorized Signatory