================================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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)
(AMENDMENT NO. 15)
APPLICA INCORPORATED
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(Title of Class of Securities)
03815A106
(CUSIP Number)
WILLIAM R. LUCAS, JR.
ONE RIVERCHASE PARKWAY SOUTH
BIRMINGHAM, ALABAMA 35244
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
JANUARY 16, 2007
(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.
(1) 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 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. 03815A106 Page 2
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SCHEDULE 13D
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Harbinger Capital Partners Master Fund I, Ltd.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED 7,984,300
------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON -0-
------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
7,984,300
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,984,300
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
32.60%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
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CUSIP NO. 03815A106 Page 3
--------------------------- ---------------------------
SCHEDULE 13D
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Harbinger Capital Partners Offshore Manager, L.L.C.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED 7,984,300
------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON -0-
------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
7,984,300
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,984,300
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
32.60%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
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CUSIP NO. 03815A106 Page 4
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SCHEDULE 13D
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
HMC Investors, L.L.C.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED 7,984,300
------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON -0-
------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
7,984,300
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,984,300
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
32.60%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
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CUSIP NO. 03815A106 Page 5
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SCHEDULE 13D
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Harbinger Capital Partners Special Situations Fund, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED 1,846,500
------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON -0-
------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
1,846,500
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,846,500
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.54%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
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CUSIP NO. 03815A106 Page 6
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SCHEDULE 13D
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Harbert Management Corporation
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Alabama
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED 9,830,800
------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON -0-
------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
9,830,800
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,830,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
40.14%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
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CUSIP NO. 03815A106 Page 7
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SCHEDULE 13D
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Philip Falcone
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED 9,830,800
------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON -0-
------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
9,830,800
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,830,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
40.14%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
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CUSIP NO. 03815A106 Page 8
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SCHEDULE 13D
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Raymond J. Harbert
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED 9,830,800
------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON -0-
------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
9,830,800
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,830,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
40.14%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
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CUSIP NO. 03815A106 Page 9
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SCHEDULE 13D
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Michael D. Luce
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED 9,830,800
------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON -0-
------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
9,830,800
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,830,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
40.14%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
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CUSIP NO. 03815A106 Page 10
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SCHEDULE 13D
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Harbinger Capital Partners Special Situations GP, LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED 1,846,500
------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON -0-
------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
1,846,500
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,846,500
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.54%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
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CUSIP NO. 03815A106 Page 11
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SCHEDULE 13D
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
HMC - New York, Inc.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED 1,846,500
------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON -0-
------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
1,846,500
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,846,500
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.54%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
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CUSIP NO. 03815A106 Page 12
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SCHEDULE 13D
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
APN Holding Company, Inc.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED 9,830,800
------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON -0-
------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
9,830,800
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,830,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
40.14%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
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CUSIP NO. 03815A106 Page 13
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This Amendment No. 15 amends and supplements the Statement on Schedule
13D filed on May 17, 2006, as amended June 6, 2006, June 21, 2006, August 3,
2006, August 8, 2006, August 11, 2006, August 17, 2006, September 14, 2006,
September 21, 2006, October 19, 2006, November 15, 2006, December 14, 2006,
December 22, 2006, December 27, 2006, and January 3, 2007 (as amended, the
"Schedule 13D") by Harbinger Capital Partners Master Fund I, Ltd. (the "Master
Fund"), Harbinger Capital Partners Offshore Manager, L.L.C. ("Harbinger
Management"), the investment manager of the Master Fund, HMC Investors, L.L.C.,
its managing member ("HMC Investors"), Harbinger Capital Partners Special
Situations Fund, L.P. (the "Special Fund"), Harbinger Capital Partners Special
Situations GP, LLC, the general partner of the Special Fund ("HCPSS"), HMC -
New York, Inc., the managing member of HCPSS ("HMCNY"), Harbert Management
Corporation ("HMC"), the managing member of HMC Investors and the parent of
HMCNY, Philip Falcone, a shareholder of HMC and the portfolio manager of the
Master Fund and the Special Fund, Raymond J. Harbert, a shareholder of HMC,
Michael D. Luce, a shareholder of HMC, and APN Holding Company, Inc. (each may
be referred to herein as a "Reporting Person" and collectively may be referred
to as "Reporting Persons") relating to the Common Stock, par value $0.10 per
share, of Applica Incorporated, a Florida corporation. Captitalized terms used
herein and not otherwise defined in this Amendment No. 15 shall have the
meanings set forth in the Schedule 13D.
--------------------------- ---------------------------
CUSIP NO. 03815A106 Page 14
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SCHEDULE 13D
Item 4. PURPOSE OF THE TRANSACTION.
Item 4 of the Schedule 13D is amended to add the following
information:
On January 16, 2007, APN Holding Company, Inc. ("Parent"), APN
Mergersub, Inc. ("MergerSub") and the Issuer entered into Amendment No. 5 (the
"Fifth Amendment") to the Agreement and Plan of Merger by and among Parent,
MergerSub and the Issuer, dated as of October 19, 2006, as amended by Amendment
No. 1, dated as of December 14, 2006, by Amendment No. 2, dated as of December
22, 2006, by Amendment No. 3, dated as of December 27, 2006, and by Amendment
No. 4, dated as of January 3, 2007 (the "Amended Merger Agreement"). The Fifth
Amendment amends Section 3.1(a) of the Amended Merger Agreement to increase the
Merger Consideration (as defined in the Amended Merger Agreement) from $7.75
per share of Common Stock to $8.25 per share of Common Stock (other than any
Common Stock cancelled pursuant to the Amended Merger Agreement) and increases
the Apple Termination Fee (as defined in the Amended Merger Agreement) payable
by the Issuer if the Amended Merger Agreement (as amended by the Fifth
Amendment) is terminated under certain circumstances, to a termination fee
equal to $7.0 million plus up to $3.3 million of reasonable documented, third
party, out-of-pocket expenses. A copy of the Fifth Amendment is incorporated by
reference into Item 4 and included as Exhibit S.
Item 7. MATERIAL TO BE FILED AS EXHIBITS.
Item 7 of the Schedule 13D is hereby amended to add the following:
Exhibit A: Agreement between the Reporting Persons to file jointly
Exhibit S: Amendment No. 5 to the Agreement and Plan of Merger,
dated as of January 16, 2007, by and among Parent,
MergerSub and the Issuer
--------------------------- ---------------------------
CUSIP NO. 03815A106 Page 15
--------------------------- ---------------------------
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.
HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD.
By: Harbinger Capital Partners Offshore
Manager, L.L.C.
By: HMC Investors, L.L.C.,
Managing Member
By: /s/ Joel B. Piassick
---------------------------------------
Name: Joel B. Piassick
Title: Executive Vice President
HARBINGER CAPITAL PARTNERS OFFSHORE MANAGER,
L.L.C.
By: HMC Investors, L.L.C.,
Managing Member
By: /s/ Joel B. Piassick
---------------------------------------
Name: Joel B. Piassick
Title: Executive Vice President
HMC INVESTORS, L.L.C.
By: /s/ Joel B. Piassick
---------------------------------------
Name: Joel B. Piassick
Title: Executive Vice President
HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS
FUND, L.P.
By: Harbinger Capital Partners Special
Situations GP, LLC
By: HMC - New York, Inc.
By: /s/ William R. Lucas, Jr.
---------------------------------------
Name: William R. Lucas, Jr.
Title: Senior Vice President
& General Counsel
--------------------------- ---------------------------
CUSIP NO. 03815A106 Page 16
--------------------------- ---------------------------
HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS
GP, LLC
By: HMC - New York, Inc.
By: /s/ William R. Lucas, Jr.
---------------------------------------
Name: William R. Lucas, Jr.
Title: Senior Vice President
& General Counsel
HMC - NEW YORK, INC.
By: /s/ William R. Lucas, Jr.
---------------------------------------
Name: William R. Lucas, Jr.
Title: Senior Vice President
& General Counsel
HARBERT MANAGEMENT CORPORATION
By: /s/ William R. Lucas, Jr.
---------------------------------------
Name: William R. Lucas, Jr.
Title: Executive Vice President
& General Counsel
/s/ Philip Falcone
--------------------------------------------
Philip Falcone
/s/ Raymond J. Harbert
--------------------------------------------
Raymond J. Harbert
/s/ Michael D. Luce
-------------------------------------------
Michael D. Luce
APN HOLDING COMPANY, INC.
By: /s/ Philip Falcone
---------------------------------------
Name: Philip Falcone
Title: Vice President and Senior
Managing Director
January 17, 2007
Attention: Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).
--------------------------- ---------------------------
CUSIP NO. 03815A106 Page 17
--------------------------- ---------------------------
EXHIBIT A
AGREEMENT
The undersigned agree that this Schedule 13D, Amendment No. 15, dated
January 16, 2007 relating to the Common Stock, $0.10 par value of Applica
Incorporated shall be filed on behalf of the undersigned.
HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD.
By: Harbinger Capital Partners Offshore
Manager, L.L.C.
By: HMC Investors, L.L.C.,
Managing Member
By: /s/ Joel B. Piassick
---------------------------------------
Name: Joel B. Piassick
Title: Executive Vice President
HARBINGER CAPITAL PARTNERS OFFSHORE MANAGER,
L.L.C.
By: HMC Investors, L.L.C.,
Managing Member
By: /s/ Joel B. Piassick
---------------------------------------
Name: Joel B. Piassick
Title: Executive Vice President
HMC INVESTORS, L.L.C.
By: /s/ Joel B. Piassick
---------------------------------------
Name: Joel B. Piassick
Title: Executive Vice President
HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS
FUND, L.P.
By: Harbinger Capital Partners Special
Situations GP, LLC
By: HMC - New York, Inc.
By: /s/ William R. Lucas, Jr.
---------------------------------------
Name: William R. Lucas, Jr.
Title: Senior Vice President
& General Counsel
--------------------------- ---------------------------
CUSIP NO. 03815A106 Page 18
--------------------------- ---------------------------
HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS
GP, LLC
By: HMC - New York, Inc.
By: /s/ William R. Lucas, Jr.
---------------------------------------
Name: William R. Lucas, Jr.
Title: Senior Vice President
& General Counsel
HMC - NEW YORK, INC.
By: /s/ William R. Lucas, Jr.
---------------------------------------
Name: William R. Lucas, Jr.
Title: Senior Vice President
& General Counsel
HARBERT MANAGEMENT CORPORATION
By: /s/ William R. Lucas, Jr.
---------------------------------------
Name: William R. Lucas, Jr.
Title: Executive Vice President
& General Counsel
/s/ Philip Falcone
--------------------------------------------
Philip Falcone
/s/ Raymond J. Harbert
--------------------------------------------
Raymond J. Harbert
/s/ Michael D. Luce
-------------------------------------------
Michael D. Luce
APN HOLDING COMPANY, INC.
By: /s/ Philip Falcone
---------------------------------------
Name: Philip Falcone
Title: Vice President and Senior
Managing Director
January 17, 2007
--------------------------- ---------------------------
CUSIP NO. 03815A106 Page 19
--------------------------- ---------------------------
EXHIBIT S
AMENDMENT NO. 5 TO AGREEMENT AND PLAN OF MERGER
AMENDMENT NO. 5, dated as of January 16, 2007 (this "FIFTH AMENDMENT"),
to the Agreement and Plan of Merger, dated as of October 19, 2006, by and among
APN Holding Company, Inc., a Delaware corporation ("PARENT"), APN Mergersub,
Inc., a Florida corporation and a wholly owned direct subsidiary of Parent
("MERGERSUB"), and Applica Incorporated, a Florida corporation (the "COMPANY"),
as amended by Amendment No. 1, dated December 14, 2006, by Amendment No. 2,
dated December 22, 2006, by Amendment No. 3, dated December 27, 2006, and by
Amendment No. 4, dated January 3, 2007 (as amended, the "MERGER AGREEMENT").
Capitalized terms used herein and not defined herein have the meanings ascribed
thereto in the Merger Agreement.
WHEREAS, pursuant to, and subject to the limitations set forth in,
Section 9.2 of the Merger Agreement, the Merger Agreement may be amended,
modified, or supplemented only by the written agreement of the parties thereto;
WHEREAS, Parent and MergerSub have conditioned their willingness to
increase the Merger Consideration on an increase in the Apple Termination Fee,
and in order to induce Parent and MergerSub to increase the Merger
Consideration and in consideration therefor, the Company has agreed to increase
the Apple Termination Fee; and
WHEREAS, the parties hereto wish to amend the Merger Agreement as set
forth below.
NOW, THEREFORE, in consideration of the mutual covenants and agreements
set forth herein, the receipt and adequacy of which are hereby acknowledged,
the parties hereby agree as follows:
1. AMENDMENT.
(a) MERGER CONSIDERATION. Section 3.1(a) of the Merger
Agreement is hereby amended by deleting the word "$7.75" in both instances and
replacing each with the word "$8.25".
(b) APPLE TERMINATION FEE. Section 8.3(a) of the Merger
Agreement is hereby amended by (i) deleting the words "$4.0 million" and
replacing them with the words "$7.0 million" and (ii) deleting the words "$2.0
million" and replacing them with the words "$3.3 million".
2. APPLE SHAREHOLDERS MEETING. Notwithstanding anything to the
contrary in the Merger Agreement, Parent, MergerSub and the Company hereby
agree that the Apple Shareholders Meeting to be held at 11:00 a.m. Eastern
Standard Time on January 17, 2007 (the "JANUARY 17 MEETING") shall be convened
as scheduled and immediately thereafter a motion shall be properly made by an
officer of the Company to adjourn the January 17 Meeting until 11:00 a.m.
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CUSIP NO. 03815A106 Page 20
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Eastern Standard Time on January 23, 2007 (the "JANUARY 23 MEETING") and,
subject to obtaining the requisite vote therefor, the January 17 Meeting shall
be immediately adjourned until the January 23 Meeting, which January 23 Meeting
shall have the same record date as the January 17 Meeting, and no further
action shall be taken at the January 17 Meeting.
3. MISCELLANEOUS.
(a) GOVERNING LAW. This Fifth Amendment shall be governed
by and construed in accordance with the internal Laws of the State of Delaware
applicable to Contracts made and wholly performed in such state, without regard
to any applicable conflict of laws principles; provided, however, that the
Merger will also be governed by the applicable provisions of the FCBA to the
extent required thereby.
(b) COUNTERPARTS. This Fifth Amendment may be executed in
two or more counterparts, all of which will be considered one and the same
instrument and will become effective when counterparts have been signed by each
of the parties and delivered to the other parties, it being understood that
each party need not sign the same counterpart.
(c) CONTINUED FORCE AND EFFECT. Except as expressly amended
or modified herein, the provisions of the Merger Agreement are and shall remain
in full force and effect.
(d) AUTHORIZATION AND VALIDITY OF AGREEMENT. The execution
and delivery of this Fifth Amendment by each of the parties hereto have been
duly authorized and approved by their respective boards of directors and no
other corporate action on the part of the parties hereto is necessary to
authorize the execution and delivery of this Fifth Amendment. This Fifth
Amendment has been, or will be when executed and delivered, duly executed and
delivered by each of the parties hereto, and a valid and binding obligation of
each of the parties hereto enforceable against each of the parties hereto in
accordance with its terms, except to the extent that its enforceability may be
subject to applicable bankruptcy, insolvency, reorganization, moratorium and
similar Laws affecting the enforcement of creditors' rights generally and by
general equitable principles.
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CUSIP NO. 03815A106 Page 21
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IN WITNESS WHEREOF, the undersigned has executed, or has caused to be
executed, this Fifth Amendment on the date first written above.
APN HOLDING COMPANY, INC.
By: /s/ Philip Falcone
-----------------------------
Name: Philip Falcone
Title: Vice President and
Senior Managing Director
APN MERGERSUB, INC.
By: /s/ Philip Falcone
-----------------------------
Name: Philip Falcone
Title: Vice President and
Senior Managing Director
APPLICA INCORPORATED
By: /s/ Lisa R. Carstarphen
-----------------------------
Name: Lisa R. Carstarphen
Title: V.P., General Counsel and
Corporate Secretary