|
¨
|
Rule 13d-1(b)
|
|
|
þ
|
Rule 13d-1(c)
|
|
|
¨
|
Rule 13d-1(d)
|
|
CUSIP No.: 163893100
|
||||
|
1
|
NAME OF REPORTING PERSON
FIG LLC
|
|||
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) [ ]
|
||
|
(b) [ ]
|
||||
|
3
|
SEC USE ONLY
|
|||
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
||
|
6
|
SHARED VOTING POWER
20,859,347*
|
|||
|
7
|
SOLE DISPOSITIVE POWER
0
|
|||
|
8
|
SHARED DISPOSITIVE POWER
20,859,347*
|
|||
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,859,347*
|
|||
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
|
|||
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.59%* (based on approximately 242,935,715 shares of common stock outstanding as of June 30, 2010, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 6, 2010)
|
|||
|
12
|
TYPE OF REPORTING PERSON
IA
|
|||
|
CUSIP No.: 163893100
|
||||
|
1
|
NAME OF REPORTING PERSON
Fortress Operating Entity I LP
|
|||
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) [ ]
|
||
|
(b) [ ]
|
||||
|
3
|
SEC USE ONLY
|
|||
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
||
|
6
|
SHARED VOTING POWER
20,859,347*
|
|||
|
7
|
SOLE DISPOSITIVE POWER
0
|
|||
|
8
|
SHARED DISPOSITIVE POWER
20,859,347*
|
|||
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,859,347*
|
|||
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
|
|||
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.59%* (based on approximately 242,935,715 shares of common stock outstanding as of June 30, 2010, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 6, 2010)
|
|||
|
12
|
TYPE OF REPORTING PERSON
PN
|
|||
|
CUSIP No.: 163893100
|
||||
|
1
|
NAME OF REPORTING PERSON
FIG Corp.
|
|||
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) [ ]
|
||
|
(b) [ ]
|
||||
|
3
|
SEC USE ONLY
|
|||
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
||
|
6
|
SHARED VOTING POWER
20,859,347*
|
|||
|
7
|
SOLE DISPOSITIVE POWER
0
|
|||
|
8
|
SHARED DISPOSITIVE POWER
20,859,347*
|
|||
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,859,347*
|
|||
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
|
|||
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.59%* (based on approximately 242,935,715 shares of common stock outstanding as of June 30, 2010, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 6, 2010)
|
|||
|
12
|
TYPE OF REPORTING PERSON
CO
|
|||
|
CUSIP No.: 163893100
|
||||
|
1
|
NAME OF REPORTING PERSON
Fortress Investment Group LLC
|
|||
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) [ ]
|
||
|
(b) [ ]
|
||||
|
3
|
SEC USE ONLY
|
|||
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
||
|
6
|
SHARED VOTING POWER
20,859,347*
|
|||
|
7
|
SOLE DISPOSITIVE POWER
0
|
|||
|
8
|
SHARED DISPOSITIVE POWER
20,859,347*
|
|||
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,859,347*
|
|||
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
|
|||
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.59%* (based on approximately 242,935,715 shares of common stock outstanding as of June 30, 2010, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 6, 2010)
|
|||
|
12
|
TYPE OF REPORTING PERSON
OO
|
|||
|
CUSIP No.: 163893100
|
||||
|
1
|
NAME OF REPORTING PERSON
Fortress Principal Investment Holdings IV LLC
|
|||
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) [ ]
|
||
|
(b) [ ]
|
||||
|
3
|
SEC USE ONLY
|
|||
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
||
|
6
|
SHARED VOTING POWER
13,701,146*
|
|||
|
7
|
SOLE DISPOSITIVE POWER
0
|
|||
|
8
|
SHARED DISPOSITIVE POWER
13,701,146*
|
|||
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,701,146*
|
|||
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
|
|||
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.64%* (based on approximately 242,935,715 shares of common stock outstanding as of June 30, 2010, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 6, 2010)
|
|||
|
12
|
TYPE OF REPORTING PERSON
OO
|
|||
|
CUSIP No.: 163893100
|
||||
|
1
|
NAME OF REPORTING PERSON
Drawbridge Special Opportunities Advisors LLC
|
|||
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) [ ]
|
||
|
(b) [ ]
|
||||
|
3
|
SEC USE ONLY
|
|||
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
||
|
6
|
SHARED VOTING POWER
14,593,696*
|
|||
|
7
|
SOLE DISPOSITIVE POWER
0
|
|||
|
8
|
SHARED DISPOSITIVE POWER
14,593,696*
|
|||
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,593,696*
|
|||
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
|
|||
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.01%* (based on approximately 242,935,715 shares of common stock outstanding as of June 30, 2010, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 6, 2010)
|
|||
|
12
|
TYPE OF REPORTING PERSON
OO
|
|||
|
Item 1.
|
|
(a)
|
Name of Issuer:
|
|
|
The name of the issuer is Chemtura Corporation (the “Issuer”).
|
||
|
(b)
|
Address of Issuer’s Principal Executive Offices:
|
|
|
The Issuer’s principal executive offices are located at 199 Benson Road, Middlebury, CT 06749.
|
|
Item 2.
|
|
(a)
|
Name of Person Filing:
|
||
|
This statement is filed by:
|
|||
|
(i)
|
FIG LLC, a Delaware limited liability company;
|
||
|
(ii)
|
Fortress Operating Entity I LP, a Delaware limited partnership;
|
||
|
(iii)
|
FIG Corp., a Delaware corporation;
|
||
|
(iv)
|
Fortress Investment Group LLC, a Delaware limited liability company;
|
||
|
(v)
|
Fortress Principal Investment Holdings IV LLC, a Delaware limited liability company; and
|
||
|
(vi)
|
Drawbridge Special Opportunities Advisors LLC, a Delaware limited liability company.
|
||
|
The foregoing persons are hereinafter sometimes collectively referred to as the “Reporting Persons.” See Exhibit 1 hereto for a full description of the relevant subsidiaries which hold shares of Common Stock directly and indirectly. Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.
|
|||
|
|
|||
|
(b)
|
Address of Principal Business Office:
|
||
|
The address of the principal business office of each of the Reporting Persons is c/o Fortress Investment Group LLC, 1345 Avenue of the Americas, 46th Floor, New York, NY 10105, Attention: Michael Cohn.
|
|||
|
(c)
|
Citizenship:
|
||
|
Each of FIG LLC, Fortress Investment Group LLC, Fortress Principal Investment Holdings IV LLC and Drawbridge Special Opportunities Advisors LLC is a limited liability company organized under the laws of the State of Delaware. Fortress Operating Entity I LP is a limited partnership organized under the laws of the State of Delaware. FIG Corp. is a corporation organized under the laws of the State of Delaware.
|
|||
|
(d)
|
Title of Class of Securities:
|
||
|
Common Stock, par value $0.01 per share (the “Common Stock”)
|
|||
|
(e)
|
CUSIP Number:
|
||
|
163893100
|
|||
|
Item 3.
|
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
|
|
(a)
|
o
|
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
|
|
|
(b)
|
o
|
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
|
|
|
(c)
|
o
|
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
|
|
|
(d)
|
o
|
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
|
|
|
(e)
|
o
|
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
|
|
|
(f)
|
o
|
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
|
|
|
(g)
|
o
|
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
|
|
|
(h)
|
o
|
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
|
|
|
(i)
|
o
|
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).
|
|
|
(j)
|
o
|
Group, in accordance with §240.13d-1(b)(1)(ii)(J).
|
|
Item 4.
|
Ownership.
|
| The percentages used in Item 1 above and this Item 4 are calculated based on 242,935,715 shares of common stock outstanding as of June 30, 2010, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 6, 2010. | |
|
A.
|
FIG LLC
|
|||
|
(a)
|
Amount beneficially owned: 20,859,347
|
|||
|
(b)
|
Percent of class: 8.59%
|
|||
|
(c)
|
(i)
|
Sole power to vote or direct the vote: 0
|
||
|
(ii)
|
Shared power to vote or direct the vote: 20,859,347
|
|||
|
(iii)
|
Sole power to dispose or direct the disposition: 0
|
|||
|
(iv)
|
Shared power to dispose or direct the disposition: 20,859,347
|
|||
|
B.
|
Fortress Operating Entity I LP
|
|||
|
(a)
|
Amount beneficially owned: 20,859,347
|
|||
|
(b)
|
Percent of class: 8.59%
|
|||
|
(c)
|
(i)
|
Sole power to vote or direct the vote: 0
|
||
|
(ii)
|
Shared power to vote or direct the vote: 20,859,347
|
|||
|
(iii)
|
Sole power to dispose or direct the disposition: 0
|
|||
|
(iv)
|
Shared power to dispose or direct the disposition: 20,859,347
|
|||
|
C.
|
FIG Corp.
|
|||
|
(a)
|
Amount beneficially owned: 20,859,347
|
|||
|
(b)
|
Percent of class: 8.59%
|
|||
|
(c)
|
(i)
|
Sole power to vote or direct the vote: 0
|
||
|
(ii)
|
Shared power to vote or direct the vote: 20,859,347
|
|||
|
(iii)
|
Sole power to dispose or direct the disposition: 0
|
|||
|
(iv)
|
Shared power to dispose or direct the disposition: 20,859,347
|
|||
|
D.
|
Fortress Investment Group LLC
|
|||
|
(a)
|
Amount beneficially owned: 20,859,347
|
|||
|
(b)
|
Percent of class: 8.59%
|
|||
|
(c)
|
(i)
|
Sole power to vote or direct the vote: 0
|
||
|
(ii)
|
Shared power to vote or direct the vote: 20,859,347
|
|||
|
(iii)
|
Sole power to dispose or direct the disposition: 0
|
|||
|
(iv)
|
Shared power to dispose or direct the disposition: 20,859,347
|
|||
|
E.
|
Fortress Principal Investment Holdings IV LLC
|
|||
|
(a)
|
Amount beneficially owned: 13,701,146
|
|||
|
(b)
|
Percent of class: 5.64%
|
|||
|
(c)
|
(i)
|
Sole power to vote or direct the vote: 0
|
||
|
(ii)
|
Shared power to vote or direct the vote: 13,701,146
|
|||
|
(iii)
|
Sole power to dispose or direct the disposition: 0
|
|||
|
(iv)
|
Shared power to dispose or direct the disposition: 13,701,146
|
|||
|
F.
|
Drawbridge Special Opportunities Advisors LLC
|
|||
|
(a)
|
Amount beneficially owned: 14,593,696
|
|||
|
(b)
|
Percent of class: 6.01%
|
|||
|
(c)
|
(i)
|
Sole power to vote or direct the vote: 0
|
||
|
(ii)
|
Shared power to vote or direct the vote: 14,593,696
|
|||
|
(iii)
|
Sole power to dispose or direct the disposition: 0
|
|||
|
(iv)
|
Shared power to dispose or direct the disposition: 14,593,696
|
|||
|
Item 5.
|
Ownership of Five Percent or Less of a Class.
|
|
Not applicable.
|
|
|
Item 6.
|
Ownership of More than Five Percent on Behalf of Another Person.
|
|
Not applicable.
|
|
|
Item 7.
|
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
|
|
See Exhibit 1 hereto for a full description of the relevant subsidiaries which hold shares of Common Stock directly and indirectly.
|
|
|
Item 8.
|
Identification and Classification of Members of the Group.
|
|
Not applicable.
|
|
|
Item 9.
|
Notice of Dissolution of a Group.
|
|
Not applicable.
|
|
|
Item 10.
|
Certification.
|
|
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
|
|
|
FIG LLC
|
||||
|
By:
|
/s/ David N. Brooks
|
|||
|
Name: David N. Brooks
|
||||
|
Title: Vice President, General Counsel and Secretary
|
||||
|
FORTRESS OPERATING ENTITY I LP
|
||||
|
By:
|
FIG CORP.
|
|||
|
its general partner
|
||||
|
By:
|
/s/ David N. Brooks
|
|||
|
Name: David N. Brooks
|
||||
|
Title: Vice President, General Counsel and Secretary
|
||||
|
FIG CORP.
|
||||
|
By:
|
/s/ David N. Brooks
|
|||
|
Name: David N. Brooks
|
||||
|
Title: Vice President, General Counsel and Secretary
|
||||
|
FORTRESS INVESTMENT GROUP LLC
|
||||
|
By:
|
/s/ David N. Brooks
|
|||
|
Name: David N. Brooks
|
||||
|
Title: Vice President, General Counsel and Secretary
|
||||
|
FORTRESS PRINCIPAL INVESTMENT HOLDINGS IV LLC
|
||||
|
By:
|
FORTRESS OPERATING ENTITY I LP
|
|||
|
its managing member
|
||||
|
By:
|
FIG CORP.
|
|||
|
its general partner
|
||||
|
By:
|
/s/ David N. Brooks
|
|||
|
Name: David N. Brooks
|
||||
|
Title: Vice President, General Counsel and Secretary
|
||||
|
DRAWBRIDGE SPECIAL OPPORTUNITIES ADVISORS LLC
|
||||
|
By:
|
/s/ Marc K. Furstein
|
|||
|
Name: Marc K. Furstein
|
||||
|
Title: Chief Operating Officer
|
||||
|
Exhibit No.
|
Exhibit
|
|
|
1
|
Identification of Relevant Subsidiaries
|
|
|
2
|
Joint Filing Agreement, dated November 1, 2010, by and among FIG LLC, Fortress Operating Entity I LP, FIG Corp., Fortress Investment Group LLC, Fortress Principal Investment Holdings IV LLC and Drawbridge Special Opportunities Advisors LLC.
|