Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Coeur Mining, Inc. Major Shareholding Notification 2004

Jan 26, 2004

30519_mrq_2004-01-26_8a18620d-d227-490a-9a5e-773afa74ced9.zip

Major Shareholding Notification

Open in viewer

Opens in your device viewer

SC 13G/A 1 a95709sc13gza.htm SC 13G/A Coeur d'Alene Mines Corp. Schedule 13G/A PAGEBREAK

Table of Contents

OMB APPROVAL
OMB Number: 3235-0145
Expires: December 31, 2005
Estimated average burden hours per response...11

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934 (Amendment No. 1)*

Coeur d’Alene Mines Corporation

(Name of Issuer)

Common Stock, par value $1.00 per share

(Title of Class of Securities)

192108108

(Cusip Number)

December 31, 2003

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1 (b)

x Rule 13d-1 (c)

o Rule 13d-1 (d)

*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 the disclosures provided in a prior cover page.

The information required in 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 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).

Page 1 of 11 PAGEBREAK

Table of Contents

13G
CUSIP No. 192108108
1. Name of Reporting Person: Langley Partners, L.P. I.R.S. Identification Nos. of above persons (entities only):
2. Check the Appropriate Box if a Member of a Group:
(a) o
(b) x
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: 396,685 (See Item 4)
6. Shared Voting Power: 0
7. Sole Dispositive Power: 396,685 (See Item 4)
8. Shared Dispositive Power: 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 396,685 (See Item 4)
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares: o
11. Percent
of Class Represented by Amount in Row (9): .2% (See Item 4)
12. Type of Reporting Person: PN

Page 2 of 11 PAGEBREAK

Table of Contents

13G
CUSIP No. 192108108
1. Name of Reporting Person: Langley Management, LLC I.R.S. Identification Nos. of above persons (entities only):
2. Check the Appropriate Box if a Member of a Group:
(a) o
(b) x
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: 396,685 (See Item 4)
6. Shared Voting Power: 0
7. Sole Dispositive Power: 396,685 (See Item 4)
8. Shared Dispositive Power: 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 396,685 (See Item 4)
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares: o
11. Percent of Class Represented by Amount in Row (9): .2% (See Item 4)
12. Type of Reporting Person: OO

Page 3 of 11 PAGEBREAK

Table of Contents

13G
CUSIP No. 192108108
1. Name of Reporting Person: Langley Capital, LLC I.R.S. Identification Nos. of above persons (entities only):
2. Check the Appropriate Box if a Member of a Group:
(a) o
(b) x
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: 396,685 (See Item 4)
6. Shared Voting Power: 0
7. Sole Dispositive Power: 396,685 (See Item 4)
8. Shared Dispositive Power: 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 396,685 (See Item 4)
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares: o
11. Percent
of Class Represented by Amount in Row (9): .2% (See Item 4)
12. Type of Reporting Person: OO

Page 4 of 11 PAGEBREAK

Table of Contents

13G
CUSIP No. 192108108
1. Name of Reporting Person: Jeffrey Thorp I.R.S. Identification Nos. of above persons (entities only):
2. Check the Appropriate Box if a Member of a Group:
(a) o
(b) x
3. SEC Use Only:
4. Citizenship or Place of Organization: United States
Number of Shares Beneficially Owned by Each Reporting Person With
5. Sole Voting Power: 396,685 (See Item 4)
6. Shared Voting Power: 0
7. Sole Dispositive Power: 396,685 (See Item 4)
8. Shared Dispositive Power: 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 396,685 (See Item 4)
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares: o
11. Percent of Class Represented by Amount in Row (9): .2% (See Item 4)
12. Type of Reporting Person: IN

Page 5 of 11 PAGEBREAK

Table of Contents

13G
CUSIP No. 192108108
1. Name of Reporting Person: Jeffrey Thorp IRA, Bear Stearns Securities Corp. as Custodian I.R.S. Identification Nos. of above persons (entities only):
2. Check the Appropriate Box if a Member of a Group:
(a) o
(b) x
3. SEC Use Only:
4. Citizenship or Place of Organization: New York
Number of Shares Beneficially Owned by Each Reporting Person With
5. Sole Voting Power: 396,685 (See Item 4)
6. Shared Voting Power: 0
7. Sole Dispositive Power: 396,685 (See Item 4)
8. Shared Dispositive Power: 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 396,685 (See Item 4)
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares: o
11. Percent of Class Represented by Amount in Row (9): .2% (See Item 4)
12. Type of Reporting Person: OO

Page 6 of 11 PAGEBREAK

CUSIP No. 192108108 TOC

TABLE OF CONTENTS

Item 2.
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is:
Item 4. Ownership
Item 5. Ownership of Five Percent or Less of a Class
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
Item 8 Identification and Classification of Members of the Group
Item 9. Notice of Dissolution of Group
Item 10. Certification
SIGNATURE
Exhibit 1

/TOC

Table of Contents

link2 "Item 1."

Item 1.

(a) Name of Issuer:
Coeur d’Alene Mines Corporation
(b) Address of Issuer’s Principal Executive Offices:
505 Front Avenue, P.O. Box I
Coeur d’Alene, Idaho 83816

link2 "Item 2."

Item 2.

(a) Names of Persons Filing:
(i) Langley Partners, L.P., (ii) Langley Management, LLC, (iii)
Langley Capital, LLC, (iv) Jeffrey Thorp, an individual and (v)
Jeffrey Thorp IRA, Bear Stearns Securities Corp. as Custodian
(b) Address of Principal Business Office:
535 Madison Avenue
7 th Floor
New York, New York 10022
(c) Citizenship:
See row 4 of each filer’s cover page
(d) Title of Class of Securities:
Common Stock, par value $1.00 per share
(e) CUSIP Number:
192108108

link2 "Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is:"

Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is:

| (a) | o | A Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o); |
| --- | --- | --- |
| (b) | o | A Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
| (c) | o | An Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
| (d) | o | An 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 associations 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 | A group, in accordance with §240.13d-1(b)(1)(ii)(J) |

Page 7 of 11 PAGEBREAK

Table of Contents

CUSIP No. 192108108 link2 "Item 4. Ownership"

Item 4. Ownership

(a) Amount beneficially owned:
396,685 shares of common stock as follows: (i) 394,737 shares
issuable to Langley Partners, L.P. (“Langley”) upon conversion of
$3,000,000 principal amount of 1.25% Convertible Senior Notes due
2024 (the “Notes”) issued to Langley pursuant to that certain
indenture, dated as of January 13, 2004 (the “2004 Indenture”),
between Coeur d’Alene Mines Corporation and the Bank of New York as
Trustee, at a conversion price of $7.60 (the initial conversion
price set forth in the 2004 Indenture) and (ii) 1,948 shares
issuable to Jeffrey Thorp IRA, Bear Stearns Securities Corp. as
Custodian (“Jeffrey Thorp IRA”) upon conversion of $34,000
principal amount of 71/4% Convertible Subordinated Debentures due
2005 (the “Debentures”) pursuant to that certain indenture, dated
as of October 15, 1997 (the “1997 Indenture”) between Coeur d’Alene
Mines Corporation and Bankers Trust Company as Trustee, at a
conversion price of $17.45 (the initial conversion price set forth
in the 1997 Indenture).
(b) Percent of class:
.2%, calculated based on 210,353,054 shares of common stock
outstanding, which number is calculated by adding (i) 209,956,369
(the number of shares of common stock outstanding as of October 21,
2003 as set forth in the most recent Quarterly Report on Form 10-Q
for Coeur d’Alene Mines Corporation), (ii) 394,737 (the number of
shares of common stock issuable to Langley upon conversion of
$3,000,000 principal amount of Notes issued to Langley pursuant to
the 2004 Indenture, at a conversion price of $7.60), and (iii)
1,948 (the number of shares of common stock issuable to Jeffrey
Thorp IRA upon conversion of $34,000 principal amount of Debentures
issued pursuant to the 1997 Indenture, at a conversion price of
$17.45).
(c) Number of shares as to which each filer has:
(i) Sole power to vote or to direct the vote:
396,685
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
396,685
(iv) Shares power to dispose or to direct the disposition of:
0

link2 "Item 5. Ownership of Five Percent or Less of a Class"

Item 5. Ownership of Five Percent or Less of a Class

If the statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x . link2 "Item 6. Ownership of More than Five Percent on Behalf of Another Person"

Item 6. Ownership of More than Five Percent on Behalf of Another Person

Not applicable. link2 "Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company

Not applicable.

Page 8 of 11 PAGEBREAK

Table of Contents

CUSIP No. 192108108 link2 "Item 8 Identification and Classification of Members of the Group"

Item 8. Identification and Classification of Members of the Group

Not applicable. link2 "Item 9. Notice of Dissolution of Group"

Item 9. Notice of Dissolution of Group

Not applicable. link2 "Item 10. Certification"

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.

A Joint Filing Agreement is attached hereto as Exhibit 1.

Page 9 of 11 PAGEBREAK

Table of Contents

CUSIP No. 192108108 link1 "SIGNATURE"

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: January 26, 2004
LANGLEY PARTNERS, L.P.
By: Langley Capital, LLC as General Partner
By: /s/ Jeffrey Thorp
Name:Jeffrey Thorp
Title: Member and Manager
LANGLEY MANAGEMENT, LLC
By: /s/ Jeffrey Thorp
Name: Jeffrey Thorp
Title: Member and Manager
LANGLEY CAPITAL, LLC
By: /s/ Jeffrey Thorp
Name: Jeffrey Thorp
Title: Member and Manager
JEFFREY THORP
/s/ Jeffrey Thorp
Jeffrey Thorp, an individual
JEFFREY THORP IRA, BEAR STEARNS SECURITIES
CORP. AS CUSTODIAN
/s/ Jeffrey Thorp
Jeffrey Thorp, an individual

Page 10 of 11