SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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)
Under the Securities Exchange Act of 1934
(Amendment No. )*
Red Robin Gourmet Burgers, Inc.
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(Name of Issuer)
Common Stock, Par Value $0.001 Per Share
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(Title of Class of Securities)
75689M101
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(CUSIP Number)
Marc Weingarten, Esq. and
David E. Rosewater, 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 21, 2009
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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 14 Pages)
--------------------------
* 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. 75689M101 SCHEDULE 13D PAGE 2 OF 14 PAGES
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
CLINTON GROUP, INC.
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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
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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 ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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7 SOLE VOTING POWER
- 0 -
----------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 890,750 (See Item 6)
OWNED BY ----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH - 0 -
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
890,750 (See Item 6)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
890,750 (See Item 6)
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.7% (See Item 6)
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14 TYPE OF REPORTING PERSON*
IA; CO
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CUSIP NO. 75689M101 SCHEDULE 13D PAGE 3 OF 14 PAGES
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
CLINTON MAGNOLIA MASTER FUND, LTD.
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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
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4 SOURCE OF FUNDS*
WC
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5 CHECK BOX 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
CAYMAN ISLANDS
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7 SOLE VOTING POWER
- 0 -
----------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 890,750 (See Item 6)
OWNED BY ----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH - 0 -
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
890,750 (See Item 6)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
890,750 (See Item 6)
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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)
5.7% (See Item 6)
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14 TYPE OF REPORTING PERSON*
CO
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* SEE INSTRUCTIONS
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CUSIP NO. 75689M101 SCHEDULE 13D PAGE 4 OF 14 PAGES
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GEORGE HALL
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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
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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 -
----------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 890,750 (See Item 6)
OWNED BY ----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH - 0 -
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
890,750 (See Item 6)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
890,750 (See Item 6)
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.7% (See Item 6)
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14 TYPE OF REPORTING PERSON*
IN
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* SEE INSTRUCTIONS
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CUSIP NO. 75689M101 SCHEDULE 13D PAGE 5 OF 14 PAGES
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
SPOTLIGHT ADVISORS, 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
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4 SOURCE OF FUNDS*
WC
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5 CHECK BOX 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
DELAWARE
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7 SOLE VOTING POWER
- 0 -
----------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,000
OWNED BY ----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH - 0 -
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
3,000
--------------------------------------------------------------------------------
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)
Less than 0.1%
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14 TYPE OF REPORTING PERSON*
CO
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* SEE INSTRUCTIONS
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CUSIP NO. 75689M101 SCHEDULE 13D PAGE 6 OF 14 PAGES
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GREGORY P. TAXIN
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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
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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 ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
- 0 -
----------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,000
OWNED BY ----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH - 0 -
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,000
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
3,000
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
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14 TYPE OF REPORTING PERSON*
IN
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* SEE INSTRUCTIONS
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CUSIP NO. 75689M101 SCHEDULE 13D PAGE 7 OF 14 PAGES
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ITEM 1. SECURITY AND ISSUER.
This statement relates to the shares of Common Stock, $0.001 par value per
share (the "Shares"), of Red Robin Gourmet Burgers, Inc., a Delaware corporation
(the "Issuer"). The principal executive office of the Issuer is located at 6312
S Fiddler's Green Circle, Suite 200N, Greenwood Village, CO.
ITEM 2. IDENTITY AND BACKGROUND.
(a) This statement is filed by Clinton Group, Inc., a Delaware corporation
("CGI"), Clinton Magnolia Master Fund, Ltd., a Cayman Islands exempted company
("CMAG"), George Hall (CGI, CMAG and George Hall, collectively "Clinton"),
Spotlight Advisors, LLC, a Delaware Limited Liability Company ("SAL"), and
Gregory Taxin (SAL and Gregory Taxin, collectively "Spotlight," and collectively
with Clinton, the "Reporting Persons")
(b) The principal business address of CGI, SAL, George Hall and Gregory
Taxin is 9 West 57th Street, 26th Floor, New York, New York 10019. The principal
business address of CMAG is c/o Fortis Fund Services (Cayman) Limited, P.O. Box
2003 GT, Grand Pavilion Commercial Centre, 802 West Bay Road, Grand Cayman,
Cayman Islands.
(c) The principal business of CGI is investing for funds and accounts under
its management. The principal business of CMAG and SAL is to invest in
securities. George Hall is the Chief Investment Officer and President of CGI.
Gregory Taxin is the managing member of SAL. His principal occupation is to
invest in securities.
(d) None of the Reporting Persons nor any of the individuals set forth in
Schedule A attached hereto has, during the last five years, been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) None of the Reporting Persons nor any of the individuals set forth in
Schedule A attached hereto has, during the last five years, been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
and as a result of such proceeding 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.
(f) George Hall and Gregory Taxin are citizens of the United States of
America.
The name, citizenship, present principal occupation or employment and
business address of each director and executive officer of CGI, CMAG and SAL is
set forth in Schedule A attached hereto. To the best of the Reporting Persons'
knowledge, except as set forth in this statement on Schedule 13D, none of such
individuals owns any Shares.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Funds for the purchase of the Shares reported herein were derived from
available capital of CMAG and SAL. A total of approximately $13,100,000 was
paid to acquire such Shares.
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CUSIP NO. 75689M101 SCHEDULE 13D PAGE 8 OF 14 PAGES
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ITEM 4. PURPOSE OF TRANSACTION.
The Reporting Persons acquired the Shares for investment in the ordinary
course of business. The Reporting Persons believe that the Shares at current
market prices are undervalued and represent an attractive investment
opportunity. The Reporting Persons may make further purchases of the Shares from
time to time and may dispose of or sell any or all of the Shares held by it at
any time.
Representatives of the Reporting Persons met with the Issuer's Chief
Executive and Chief Financial Officers on December 15, 2009 to discuss the
performance of the Issuer and business strategy.
The Reporting Persons may conduct further communications with the Board of
Directors (the "Board") and management of the Issuer in order to discuss
concerns about the direction of the Issuer, including (i) rigidity of the
business strategy in the rapidly changing economic and competitive environment;
(ii) operational issues over the past few years, especially with respect to
advertising, real estate, new product introduction, marketing and restaurant
operations; (iii) returns earned on invested capital; (iv) executive
compensation arrangements; (v) Board and management accountability and (vi)
management of the Issuer in general.
Except as set forth herein, the Reporting Persons have no present plan or
proposal that would relate to or result in any of the matters set forth in
subparagraphs (a) - (j) of Item 4 of Schedule 13D. The Reporting Persons intend
to review their investment in the Issuer on a continuing basis. Depending on
various factors including, without limitation, the Issuer's financial position
and strategic direction, actions taken by the Board, price levels of the Shares,
other investment opportunities available to the Reporting Persons, conditions in
the securities market and general economic and industry conditions, the
Reporting Persons may in the future take such actions with respect to their
investment in the Issuer as they deem appropriate including, without limitation,
purchasing additional Shares or selling some or all of their Shares, and, alone
or with others, pursuing discussions with the management, the Board, other
shareholders of the Issuer and third parties with regard to its investment in
the Issuer, and/or otherwise changing their intention with respect to any and
all matters referred to in Item 4 of Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) The aggregate percentage of Shares beneficially owned by the Reporting
Persons is based upon 15,580,644 Shares outstanding, which is the total number
of Shares outstanding as of November 3, 2009 as reported in the Issuer's
Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission
on November 6, 2009 for the period ended October 4, 2009.
As of the close of business on December 21, 2009, Clinton may be deemed the
beneficial owners of an aggregate of 890,750 Shares constituting approximately
5.7% of the Shares outstanding. A recent Southern District of New York
decision determined that the reference shares in connection with swap
arrangements may be deemed to be beneficially owned by the holder of the swap.
That decision is under review by the Second Circuit Court of Appeals, but in the
event that shares referenced in swap arrangements may be deemed to be
beneficially owned by the holder of the swap, Clinton would beneficially own an
additional 58,800 Shares pursuant to the CMAG Swaps, described in Item 6, below,
for an aggregate of 949,550 Shares constituting approximately 6.1% of the
Shares outstanding. Clinton expressly disclaims beneficial ownership of the
58,800 Shares referenced in the swap arrangements. Spotlight may be deemed to
beneficially own 3,000 shares, constituting less that 0.1% of the Shares
outstanding.
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CUSIP NO. 75689M101 SCHEDULE 13D PAGE 9 OF 14 PAGES
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By virtue of the Letter Agreement, the Reporting Persons may be deemed to
have formed a "group" within the meaning of Section 13(d)(3) of the Securities
Act of 1934 and may be deemed to beneficially own 893,750 Shares, constituting
approximately 5.7% of the Shares outstanding; provided that the Group may be
deemed to beneficially own 952,550 Shares, constituting approximately 6.1%
of the Shares outstanding due to the arrangements in regard to the CMAG Swaps as
discussed above. However, (i) Clinton expressly disclaims beneficial ownership
of (x) the Shares referenced in the CMAG Swaps and (y) the Shares beneficially
owned by Spotlight and (ii) Spotlight expressly disclaims beneficial ownership
of the Shares beneficially owned by Clinton.
(b) By virtue of investment management agreements with CMAG, CGI has the
power to vote or direct the voting, and to dispose or direct the disposition, of
all of the 890,750 Shares beneficially owned by CMAG. By virtue of his direct
and indirect control of CGI, George Hall is deemed to have shared voting power
and shared dispositive power with respect to all Shares as to which CGI has
voting power or dispositive power.
By virtue of his direct control as managing member of SAL, Gregory Taxin is
deemed to have shared voting power and shared dispositive power with respect to
all Shares as to which SAL has voting power or dispositive power.
(c) Information concerning transactions in the Shares effected by the
Reporting Persons during the past sixty days is set forth in Schedule B hereto
and is incorporated herein by reference. Unless otherwise indicated, all of such
transactions were effected in the open market.
(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, the Shares.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
On November 9, 2009, CMAG and Spotlight entered into an oral arrangement
for Spotlight to provide consulting services to CMAG in connection with its
investment in securities of the Issuer. As consideration of such services, CMAG
agreed to pay Spotlight ten percent (10%) of any realized net gains on Shares or
other securities in respect of Issuer, including puts, calls, swaps and other
derivates.
The Reporting Persons have entered into a Letter Agreement dated December
21, 2009 (the "Letter Agreement"), regarding certain conduct of the Reporting
Persons. The Letter Agreement includes, but is not limited to, an agreement by
the parties to (i) consult with each other with respect to all purchases and
sales of Shares, (ii) share expenses incurred in connection with the Reporting
Persons' activities and (iii) jointly approve any filing with the SEC, press
release or shareholder communication. Any party to the Letter Agreement may
terminate its obligations under the Letter Agreement on 24 hours written notice
to all other parties. A copy of the Letter Agreement is attached hereto as
Exhibit 1 and is incorporated by reference herein.
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CUSIP NO. 75689M101 SCHEDULE 13D PAGE 10 OF 14 PAGES
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CMAG currently has contractual arrangement with one credit counterparties:
Morgan Stanley, with regard to cash-settled equity swaps (the "CMAG Swaps") that
reference Shares. The CMAG Swaps constitute economic exposure to approximately
58,800 Shares, or 0.4% of the Shares outstanding. The CMAG Swaps have reference
price ranges from $16.75 to $16.79 and expiration dates from December 15, 2010
to December 16, 2010. These contracts do not give Clinton direct or indirect
voting, investment or dispositive control over any securities of the Issuer and
do not require the counterparties thereto to acquire, hold, vote or dispose of
any securities of the Issuer. Accordingly, Clinton disclaims any beneficial
ownership in securities that may be referenced in such contracts or that may be
held from time to time by any counterparties to the contracts.
The Reporting Persons are parties to an agreement with respect to the joint
filing of this Statement and any amendments thereto. A copy of such agreement is
attached hereto as Exhibit 2 and is incorporated by reference herein.
Except as otherwise set forth herein, the Reporting Persons do not have any
contract, arrangement, understanding or relationship with any person with
respect to the securities of the Issuer.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit 1 Letter Agreement among Clinton Group Inc., Clinton Magnolia Master
Fund Ltd., George Hall and Spotlight Advisors, LLC dated December
21, 2009.
Exhibit 2 Joint Filing Agreement, dated December 21, 2009.
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CUSIP NO. 75689M101 SCHEDULE 13D PAGE 11 OF 14 PAGES
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SIGNATURES
After reasonable inquiry and to the best of his or its knowledge and
belief, each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: December 21, 2009
CLINTON GROUP, INC.
By: /s/ Francis Ruchalski
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Name: Francis Ruchalski
Title: Comptroller
CLINTON MAGNOLIA MASTER FUND, LTD.
By: Clinton Group, Inc. its investment
manager
By: /s/ Francis Ruchalski
---------------------------
Name: Francis Ruchalski
Title: Comptroller
/s/ George Hall
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George Hall
SPOTLIGHT ADVISORS, LLC
By: /s/ Gregory P. Taxin
---------------------------
Name: Gregory P. Taxin
Title: Managing Member
/s/ Gregory P. Taxin
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Gregory P. Taxin
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CUSIP NO. 75689M101 SCHEDULE 13D PAGE 12 OF 14 PAGES
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SCHEDULE A
DIRECTORS AND EXECUTIVE OFFICERS OF CERTAIN REPORTING PERSONS
The following sets forth the name, position and principal occupation of
each director and executive officer of CGI. Each such person is a citizen of the
United States of America. The business address of each director and executive
officer is 9 West 57th Street, 26th Floor, New York, New York 10019.
CLINTON GROUP, INC.
Name Position
--------------------------- -------------------------------------------
George Hall Director and President
Francis A. Ruchalski Director and Chief Financial Officer
Wendy Ruberti General Counsel and Assistant Secretary
John L. Hall Director
Hani K. Findakly Director
The following sets forth the name, citizenship, principal occupation and
business address of each director of each of CMAG and SAL. There are no
executive officers of CMAG or SAL.
CLINTON MAGNOLIA MASTER FUND, LTD.
Jane Fleming is a citizen of the United Kingdom. Her principal occupation is
Client Accountant of Queensgate Bank & Trust Company Ltd. Her business address
is Queensgate Bank & Trust Company Ltd., Harbour Place, 5th Floor, 103 South
Church Street, P.O. Box 30464 SMB, Grand Cayman, Cayman Islands.
Dennis Hunter is a citizen of the United Kingdom. His principal occupation is
Director of Queensgate Bank & Trust Company Ltd. His business address is
Queensgate Bank & Trust Company Ltd., Harbour Place, 5th Floor, 103 South Church
Street, P.O. Box 30464 SMB, Grand Cayman, Cayman Islands.
Roger Hanson is a citizen of the United Kingdom. His principal occupation is
director of dms Management Ltd. His business address is dms Management Ltd.,
P.O. Box 31910 SMB, Ansbacher House, 20 Genesis Close, Grand Cayman, Cayman
Islands.
SPOTLIGHT ADVISORS, LLC
Gregory Taxin is the Managing Member.
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CUSIP NO. 75689M101 SCHEDULE 13D PAGE 13 OF 14 PAGES
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SCHEDULE B
This Schedule sets forth information with respect to each purchase
and sale of Shares which were effectuated by a Reporting Person during the past
sixty days. Unless otherwise indicated, all transactions were effectuated in the
open market through a broker.
SPOTLIGHT ADVISORS, LLC
EQUITY
Trade Date Shared Purchased (Sold) Price Per Share ($)
----------- ------------------------ -------------------
11/30/2009 800* 15.46
12/1/2009 700* 15.10
12/17/2009 1500 16.53
*Shares were purchased by Gregory P. Taxin on the open market and contributed in
kind to Spotlight Advisors, LLC from his personal investment account.
CLINTON MAGNOLIA MASTER FUND, LTD.
EQUITY
Trade Date Shared Purchased (Sold) Price Per Share ($)
----------- ------------------------ -------------------
11/11/2009 69,663 15.00735
11/13/2009 45,000 15.1886
11/16/2009 58,000 16.064
11/16/2009 25,000 15.98856
11/16/2009 (5,000) 16.23
11/17/2009 65,164 16.0667
11/18/2009 50,000 16.0017
11/19/2009 10,000 15.7154
11/20/2009 872 15.87
11/20/2009 (30,000) 15.00
11/23/2009 50,000 16.1464
11/23/2009 15,000 16.14819
11/24/2009 25,000 16.0452
11/24/2009 12,965 16.08399
11/25/2009 30,000 16.1281
11/25/2009 10,000 16.04236
11/27/2009 35,000 15.9075
11/27/2009 15,000 15.94736
11/30/2009 135,000 15.6095
12/3/2009 23,000 15.3391
12/4/2009 5,000 15.68
12/14/2009 29,000 16.13327
12/14/2009 (400) 15.00
12/15/2009 30,000 16.62218
12/18/2009 (9,600) 15.00
12/18/2009 25,000 17.194
12/18/2009 (25,000) 17.152
12/21/2009 23,000 17.925
12/21/2009 74,086 17.943
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CUSIP NO. 75689M101 SCHEDULE 13D PAGE 14 OF 14 PAGES
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OPTIONS
Trade Date Expiration Date Quantity Strike Price ($)
------------ ----------------- ---------- --------------
11/10/2009 11/20/2009 (35,000) $15.00
11/11/2009 11/20/2009 (30,200) $15.00
11/11/2009 11/20/2009 (80,000) $15.00
11/12/2009 11/20/2009 (14,200) $15.00
11/12/2009 12/19/2009 (30,000) $15.00
11/13/2009 11/20/2009 (20,000) $15.00
11/13/2009 11/20/2009 (20,000) $15.00
11/13/2009 12/19/2009 (20,000) $15.00
11/16/2009 12/18/2009 (10,000) $15.00
11/16/2009 12/19/2009 (20,000) $15.00
11/17/2009 12/19/2009 (5,000) $15.00
11/19/2009 12/19/2009 (35,000) $15.00
11/20/2009 11/20/2009 30,000 $15.00
11/20/2009 11/20/2009 169,200 $15.00
11/30/2009 12/19/2009 (20,000) $15.00
12/1/2009 12/19/2009 (15,000) $15.00
12/14/2009 12/18/2009 400 $15.00
12/15/2009 1/15/2010 100 $17.50
12/15/2009 1/15/2010 (100) $17.50
12/18/2009 12/18/2009 9,600 $15.00
12/18/2009 12/19/2009 145,000 $15.00
12/21/2009 1/15/2010 100,000 $15.00
SWAPS
Trade Date Expiration Date Counterparty Quantity Strike Price ($)
------------ ---------------- -------------- ---------- --------------
12/15/2009 12/15/2010 Morgan Stanley 25,000 $16.79
12/16/2009 12/16/2010 Morgan Stanley 33,800 $16.75