-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Oe8Ui/cxgdAsL0EXVERC5ae4ksPOUyTFKdtQeyEaorOPdxnU3Aspu+T+B6sx0KX8 cCyIDQcsBUj4Jt/uBSdNpA== 0000902664-09-000992.txt : 20090217 0000902664-09-000992.hdr.sgml : 20090216 20090217134044 ACCESSION NUMBER: 0000902664-09-000992 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081231 FILED AS OF DATE: 20090217 DATE AS OF CHANGE: 20090217 EFFECTIVENESS DATE: 20090217 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Polar Securities Inc. CENTRAL INDEX KEY: 0001326389 IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12489 FILM NUMBER: 09609595 BUSINESS ADDRESS: STREET 1: 372 BAY STREET STREET 2: 21ST FLOOR CITY: TORONTO STATE: A6 ZIP: M5H 2S6 BUSINESS PHONE: 416-367-4364 MAIL ADDRESS: STREET 1: 372 BAY STREET STREET 2: 21ST FLOOR CITY: TORONTO STATE: A6 ZIP: M5H 2S6 13F-HR 1 p09-0510form13fhr.txt POLAR SECURITIES INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2008 ------------------------ Check here if Amendment [ ]; Amendment Number: ----- This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Polar Securities Inc. -------------------------------------------------- Address: 372 Bay Street, 21st Floor -------------------------------------------------- Toronto, Ontario M5H 2N9 -------------------------------------------------- Canada -------------------------------------------------- Form 13F File Number: 028-12489 ------------------ The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Robyn Schultz -------------------------------------------------- Title: Chief Compliance Officer -------------------------------------------------- Phone: 416-369-4453 -------------------------------------------------- Signature, Place, and Date of Signing: /s/ Robyn Schultz Toronto, Ontario Canada 2/17/09 ------------------------ ------------------------------ ---------- Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Report Summary: Number of Other Included Managers: 0 ------------- Form 13F Information Table Entry Total: 192 ------------- Form 13F Information Table Value Total: $574,507 ------------- (thousands) List of Other Included Managers: NONE Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ----------------------------------------------------------------------------------------------------------------------------------- 2020 CHINACAP ACQUIRCO INC COM 90212G109 1,165 160,700 SH SOLE 160,700 2020 CHINACAP ACQUIRCO INC *W EXP 11/08/201 90212G117 7 100,000 SH SOLE 100,000 ABITIBIBOWATER INC COM 003687100 163 343,800 SH SOLE 343,800 ABITIBIBOWATER INC COM 003687100 197 345,900 SH PUT SOLE 345,900 ADVANCED TECHNOLOGY ACQU COR COM 007556103 8,041 1,063,600 SH SOLE 1,063,600 AFC ENTERPRISES INC COM 00104Q107 3,113 663,796 SH SOLE 663,796 AGILENT TECHNOLOGIES INC COM 00846U101 12,635 808,400 SH SOLE 808,400 AK STL HLDG CORP COM 001547108 93 10,000 SH CALL SOLE 10,000 ALPHA SEC GROUP CORP *W EXP 03/23/201 02078A118 3 100,000 SH SOLE 100,000 ALPHA SEC GROUP CORP COM 02078A100 3,051 317,800 SH SOLE 317,800 ALSIUS CORPORATION COM 021211107 11 25,000 SH SOLE 25,000 ALTERNATIVE ASSET MGMT ACQU *W EXP 08/01/201 02149U119 10 146,800 SH SOLE 146,800 ALTERNATIVE ASSET MGMT ACQU COM 02149U101 9,055 979,999 SH SOLE 979,999 ALYST ACQUISTION CORP *W EXP 06/28/201 02263A113 3 283,000 SH SOLE 283,000 ALYST ACQUISTION CORP COM 02263A105 5,797 778,100 SH SOLE 778,100 AMDOCS LTD ORD G02602103 7,578 414,300 SH SOLE 414,300 AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 310 10,000 SH SOLE 10,000 AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 1,240 40,000 SH CALL SOLE 40,000 APEX BIOVENTURES ACQ CORP COM 03753Q105 5,859 789,679 SH SOLE 789,679 APPLE INC COM 037833100 666 7,800 SH CALL SOLE 7,800 APPLE INC COM 037833100 905 10,600 SH SOLE 10,600 APPLE INC COM 037833100 947 11,100 SH PUT SOLE 11,100 ASIA SPECIAL SIT ACQST CORP SHS G0538M105 3,245 360,500 SH SOLE 360,500 ATLAS ACQUISITION HLDGS CORP COM 049162100 4,151 458,200 SH SOLE 458,200 AUTOMATIC DATA PROCESSING IN COM 053015103 7,715 196,100 SH SOLE 196,100 BANK OF AMERICA CORPORATION COM 060505104 176 12,500 SH CALL SOLE 12,500 BCE INC COM NEW 05534B760 1,006 49,100 SH PUT SOLE 49,100 BCE INC COM NEW 05534B760 1,244 60,700 SH SOLE 60,700 BCE INC COM NEW 05534B760 4,141 164,800 SH CALL SOLE 164,800 BELLUS HEALTH INC COM 07986A100 6 16,000 SH SOLE 16,000 BRINKER INTL INC COM 109641100 3,575 339,200 SH SOLE 339,200 BROADCOM CORP CL A 111320107 255 15,000 SH CALL SOLE 15,000 CALIFORNIA PIZZA KITCHEN INC COM 13054D109 2,334 217,735 SH SOLE 217,735 CAPITOL ACQUISITION CORP DEL COM 14055E104 910 100,000 SH SOLE 100,000 CARDERO RES CORP COM 14140U105 40 36,669 SH SOLE 36,669 CARNIVAL CORP PAIRED CTF 143658300 8,502 349,600 SH SOLE 349,600 CDN IMPERIAL BK OF COMMERCE COM 136069101 835 20,000 SH PUT SOLE 20,000 CELESTICA INC SUB VTG SHS 15101Q108 1,694 367,491 SH SOLE 367,491 CHARDAN 2008 CHINA ACQST COR SHS G8977T101 648 100,000 SH SOLE 100,000 CHEESECAKE FACTORY INC COM 163072101 3,116 308,535 SH SOLE 308,535 CHICOS FAS INC COM 168615102 6,246 1,494,290 SH SOLE 1,494,290 CHINA HEALTHCARE ACQ CORP *W EXP 04/18/201 16939Q112 2 386,000 SH SOLE 386,000 CHINA HEALTHCARE ACQ CORP COM 16939Q104 5,049 870,450 SH SOLE 870,450 CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 433 7,000 SH SOLE 7,000 CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 587 9,500 SH PUT SOLE 9,500 CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 927 15,000 SH CALL SOLE 15,000 CIT GROUP INC COM 125581108 454 100,000 SH SOLE 100,000 CITIGROUP INC COM 172967101 84 12,500 SH CALL SOLE 12,500 CLARK HLDGS INC *W EXP 02/15/201 18145M117 0 11,300 SH SOLE 11,300 COLUMBUS ACQUISITION CORP COM 198851107 8,717 1,144,350 SH SOLE 1,144,350 COMPANHIA VALE DO RIO DOCE SPONSORED ADR 204412209 606 50,000 SH CALL SOLE 50,000 COMPANHIA VALE DO RIO DOCE SPONSORED ADR 204412209 880 72,700 SH SOLE 72,700 COMPANHIA VALE DO RIO DOCE SPONSORED ADR 204412209 923 76,200 SH PUT SOLE 76,200 CONOCOPHILLIPS COM 20825C104 513 9,900 SH PUT SOLE 9,900 CONOCOPHILLIPS COM 20825C104 513 9,900 SH SOLE 9,900 CONOCOPHILLIPS COM 20825C104 648 12,500 SH CALL SOLE 12,500 CON-WAY INC COM 205944101 2,809 105,600 SH SOLE 105,600 COPART INC COM 217204106 7,828 287,900 SH SOLE 287,900 DAYSTAR TECHNOLOGIES INC COM 23962Q100 654 696,015 SH SOLE 696,015 DELTA AIR LINES INC DEL COM NEW 247361702 3,978 347,100 SH SOLE 347,100 DENTSPLY INTL INC NEW COM 249030107 9,308 329,600 SH SOLE 329,600 DESCARTES SYS GROUP INC COM 249906108 9,597 3,209,800 SH SOLE 3,209,800 DIRECTV GROUP INC COM 25459L106 458 20,000 SH CALL SOLE 20,000 DISNEY WALT CO COM DISNEY 254687106 8,671 382,130 SH SOLE 382,130 EAGLE MATERIALS INC COM 26969P108 1,631 88,600 SH SOLE 88,600 ELDORADO GOLD CORP NEW COM 284902103 3,050 383,588 SH SOLE 383,588 ENTERPRISE ACQUISITION CORP *W EXP 11/07/201 29365R116 13 440,000 SH SOLE 440,000 ENTERPRISE ACQUISITION CORP COM 29365R108 5,838 636,600 SH SOLE 636,600 EQUIFAX INC COM 294429105 4,320 162,900 SH SOLE 162,900 EXACTECH INC COM 30064E109 8,442 501,324 SH SOLE 501,324 EXFO ELECTRO OPTICAL ENGR IN SUB VTG SHS 302043104 598 199,318 SH SOLE 199,318 FIRST ADVANTAGE CORP CL A 31845F100 3,205 226,507 SH SOLE 226,507 GENEVA ACQUISITION CORP *W EXP 02/12/201 37185Y112 8 417,900 SH SOLE 417,900 GENEVA ACQUISITION CORP COM 37185Y104 816 139,200 SH SOLE 139,200 GHL ACQUISITION CORP COM 36172H108 2,250 250,000 SH SOLE 250,000 GILDAN ACTIVEWEAR INC COM 375916103 1,458 123,949 SH SOLE 123,949 GLOBAL BRANDS ACQUISITION CO COM 378982102 362 39,400 SH SOLE 39,400 GOLDEN POND HEALTHCARE INC COM 38116J109 1,336 184,800 SH SOLE 184,800 GOLDMAN SACHS GROUP INC COM 38141G104 1,055 12,500 SH CALL SOLE 12,500 GOOGLE INC CL A 38259P508 7,691 25,000 SH SOLE 25,000 GRANITE CONSTR INC COM 387328107 3,123 71,100 SH SOLE 71,100 GSC ACQUISITION COMPANY COM 40053G106 7,648 813,660 SH SOLE 813,660 HARMONIC INC COM 413160102 2,225 396,667 SH SOLE 396,667 HARSCO CORP COM 415864107 2,940 106,200 SH SOLE 106,200 HARVEST ENERGY TR TRUST UNIT 41752X101 961 111,100 SH PUT SOLE 111,100 HAWAIIAN HOLDINGS INC COM 419879101 4,269 669,100 SH SOLE 669,100 HEINZ H J CO COM 423074103 372 9,900 SH PUT SOLE 9,900 HICKS ACQUISITION CO I INC COM 429086309 10,383 1,134,700 SH SOLE 1,134,700 HIGHLANDS ACQUISITION CORP COM 430880104 7,829 849,100 SH SOLE 849,100 IDEARC INC COM 451663108 30 350,000 SH SOLE 350,000 IDEATION ACQUISITION CORP COM 451665103 252 35,000 SH SOLE 35,000 IMS HEALTH INC COM 449934108 7,265 479,200 SH SOLE 479,200 INFOGROUP INC COM 45670G108 10,259 2,164,318 SH SOLE 2,164,318 INTER ATLANTIC FINANCIAL INC *W EXP 10/02/201 45890H118 6 306,500 SH SOLE 306,500 INTER ATLANTIC FINANCIAL INC COM 45890H100 6,863 933,717 SH SOLE 933,717 INTERMEC INC COM 458786100 6,126 461,316 SH SOLE 461,316 INTUIT COM 461202103 6,333 266,200 SH SOLE 266,200 ISHARES INC MSCI CDA INDEX 464286509 891 51,100 SH CALL SOLE 51,100 ISHARES INC MSCI GERMAN 464286806 1,922 100,000 SH PUT SOLE 100,000 ISHARES INC MSCI GERMAN 464286806 1,824 94,900 SH SOLE 94,900 ISHARES TR FTSE XNHUA IDX 464287184 1,068 36,700 SH CALL SOLE 36,700 ISHARES TR FTSE XNHUA IDX 464287184 358 12,300 SH SOLE 12,300 IVANHOE MINES LTD COM 46579N103 771 285,519 SH SOLE 285,519 JOHNSON & JOHNSON COM 478160104 897 15,000 SH PUT SOLE 15,000 JOHNSON & JOHNSON COM 478160104 1,795 30,000 SH CALL SOLE 30,000 KBL HEALTHCARE ACQUIS CORP I COM 48241N107 9,929 1,341,800 SH SOLE 1,341,800 KINROSS GOLD CORP COM NO PAR 496902404 324 17,600 SH SOLE 17,600 LANDSTAR SYS INC COM 515098101 3,782 98,400 SH SOLE 98,400 LIFE TECHNOLOGIES CORP COM 53217V109 7,662 328,700 SH SOLE 328,700 LINCARE HLDGS INC COM 532791100 4,317 160,300 SH SOLE 160,300 LKQ CORP COM 501889208 3,037 260,500 SH SOLE 260,500 MACYS INC COM 55616P104 5,767 557,200 SH SOLE 557,200 MBF HEALTHCARE ACQUISITION C *W EXP 04/16/201 552650111 14 278,000 SH SOLE 278,000 MBIA INC COM 55262C100 407 100,000 SH CALL SOLE 100,000 MECHEL OAO SPONSORED ADR 583840103 40 10,000 SH CALL SOLE 10,000 MECHEL OAO SPONSORED ADR 583840103 40 10,000 SH PUT SOLE 10,000 MEDIA & ENTMT HOLDINGS INC *W EXP 03/09/201 58439W116 0 214,500 SH SOLE 214,500 MEDIA & ENTMT HOLDINGS INC COM 58439W108 4,431 575,474 SH SOLE 575,474 MERRILL LYNCH & CO INC COM 590188108 1,746 150,000 SH SOLE 150,000 MICROSEMI CORP COM 595137100 3,303 261,300 SH SOLE 261,300 MINDSPEED TECHNOLOGIES INC COM NEW 602682205 2,215 2,605,411 SH SOLE 2,605,411 MORGAN STANLEY COM NEW 617446448 201 12,500 SH CALL SOLE 12,500 NORTEL NETWORKS CORP NEW COM NEW 656568508 114 438,748 SH SOLE 438,748 NORTH AMERN PALLADIUM LTD *W EXP 12/13/200 656912110 115 458,800 SH SOLE 458,800 NRDC ACQUISITION CORP COM 62941R102 9,247 1,010,600 SH SOLE 1,010,600 O2MICRO INTERNATIONAL LTD SPONS ADR 67107W100 3,908 1,993,668 SH SOLE 1,993,668 OCEANAUT INC COM 675227102 2,451 300,700 SH SOLE 300,700 OMNIVISION TECHNOLOGIES INC COM 682128103 459 87,500 SH CALL SOLE 87,500 ONYX PHARMACEUTICALS INC COM 683399109 1,452 42,500 SH PUT SOLE 42,500 ONYX PHARMACEUTICALS INC COM 683399109 1,708 50,000 SH CALL SOLE 50,000 OREZONE RES INC COM 685921108 4,016 8,730,500 SH SOLE 8,730,500 PALL CORP COM 696429307 11,443 402,500 SH SOLE 402,500 PAN AMERICAN SILVER CORP COM 697900108 1,583 92,735 SH SOLE 92,735 PERKINELMER INC COM 714046109 13,472 968,500 SH SOLE 968,500 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 612 25,000 SH CALL SOLE 25,000 POTASH CORP SASK INC COM 73755L107 293 4,000 SH PUT SOLE 4,000 POTASH CORP SASK INC COM 73755L107 293 4,000 SH SOLE 4,000 POTASH CORP SASK INC COM 73755L107 448 5,000 SH CALL SOLE 5,000 PRIMUS GUARANTY LTD SHS 742718109 806 707,000 SH SOLE 707,000 PROCTER & GAMBLE CO COM 742718109 1,236 20,000 SH CALL SOLE 20,000 PROSPECT ACQUISITION CORP COM 74347T103 5,984 654,000 SH SOLE 654,000 QUANTA SVCS INC COM 74762E102 2,922 147,600 SH SOLE 147,600 R H DONNELLEY CORP COM NEW 74955W307 93 250,000 SH SOLE 250,000 RENAISSANCE ACQUISITION CORP COM 75966C305 3,441 625,600 SH SOLE 625,600 REPUBLIC SVCS INC COM 760759100 5,795 233,755 SH SOLE 233,755 RESEARCH IN MOTION LTD COM 760975102 1,053 25,960 SH SOLE 25,960 ROCKWOOD HLDGS INC COM 774415103 1,917 177,500 SH SOLE 177,500 ROGERS COMMUNICATIONS INC CL B 775109200 295 9,800 SH CALL SOLE 9,800 ROGERS COMMUNICATIONS INC CL B 775109200 1,263 42,000 SH PUT SOLE 42,000 ROSS STORES INC COM 778296103 3,826 128,700 SH SOLE 128,700 SANTA MONICA MEDIA CORP *W EXP 03/27/201 802501114 2 180,500 SH SOLE 180,500 SANTA MONICA MEDIA CORP COM 802501106 4,668 598,520 SH SOLE 598,520 SAPPHIRE INDUSTRIALS CORP COM 80306T109 4,232 461,520 SH SOLE 461,520 SATYAM COMPUTER SERVICES LTD ADR 804098101 904 100,000 SH CALL SOLE 100,000 SATYAM COMPUTER SERVICES LTD ADR 804098101 3,902 431,600 SH SOLE 431,600 SCOPUS VIDEO NETWORKS LTD SHS M8260H106 5,982 1,150,450 SH SOLE 1,150,450 SEARS HLDGS CORP COM 812350106 3,887 100,000 SH PUT SOLE 100,000 SECURE AMER ACQUISITION CORP *W EXP 10/23/201 81372L111 4 62,600 SH SOLE 62,600 SECURE AMER ACQUISITION CORP COM 81372L103 2,446 331,400 SH SOLE 331,400 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 351 28,000 SH PUT SOLE 28,000 SP ACQUISITION HOLDINGS INC *W EXP 10/10/201 78470A112 16 100,000 SH SOLE 100,000 SP ACQUISITION HOLDINGS INC COM 78470A104 3,789 415,500 SH SOLE 415,500 SPDR SERIES TRUST S&P HOMEBUILD 78464A888 4,005 334,300 SH SOLE 334,300 SPORTS PPTYS ACQUISITION COR COM 84920F107 4,267 468,930 SH SOLE 468,930 STANLEY WKS COM 854616109 6,837 200,500 SH SOLE 200,500 STONELEIGH PARTNERS ACQUS CO *W EXP 05/31/201 861923126 2 64,200 SH SOLE 64,200 STONELEIGH PARTNERS ACQUS CO COM 861923100 6,291 806,500 SH SOLE 806,500 SUN LIFE FINL INC COM 866796105 521 22,500 SH CALL SOLE 22,500 SYNAPTICS INC COM 87157D109 199 12,000 SH PUT SOLE 12,000 SYNAPTICS INC COM 87157D109 343 20,700 SH CALL SOLE 20,700 TAILWIND FINL INC *W EXP 04/11/201 874023112 3 280,000 SH SOLE 280,000 TAILWIND FINL INC COM 874023104 4,323 550,000 SH SOLE 550,000 TELETECH HOLDINGS INC COM 879939106 3,240 388,000 SH SOLE 388,000 TRANSCANADA CORP COM 89353D107 1,659 50,000 SH PUT SOLE 50,000 TRANS-INDIA ACQUISITION CORP *W EXP 02/08/201 893237115 6 214,600 SH SOLE 214,600 TRANS-INDIA ACQUISITION CORP COM 893237107 6,230 809,114 SH SOLE 809,114 TREMISIS ENERGY ACQ CORP II COM 89472N101 3,106 428,400 SH SOLE 428,400 TRIAN ACQUISITION I CORP COM 89582E108 891 100,000 SH SOLE 100,000 TRIPLECROWN ACQUISITION CORP COM 89677G109 7,028 776,600 SH SOLE 776,600 UNITED REFINING ENERGY CORP *W EXP 12/11/201 911360113 10 100,000 SH SOLE 100,000 UNITED REFINING ENERGY CORP COM 911360105 7,274 788,132 SH SOLE 788,132 UNITED STATES OIL FUND LP UNITS 91232N108 1,655 50,000 SH PUT SOLE 50,000 URBAN OUTFITTERS INC COM 917047102 3,769 251,600 SH SOLE 251,600 VALUECLICK INC COM 92046N102 2,454 358,700 SH SOLE 358,700 VERISIGN INC COM 92343E102 656 34,400 SH SOLE 34,400 VERISIGN INC COM 92343E102 668 35,000 SH PUT SOLE 35,000 VIACOM INC NEW CL B 92553P201 10,084 529,049 SH SOLE 529,049 VICTORY ACQUISITION CORP COM 92644D100 5,820 600,000 SH SOLE 600,000 WATERS CORP COM 941848103 12,047 328,700 SH SOLE 328,700 WATSON WYATT WORLDWIDE INC CL A 942712100 8,498 177,700 SH SOLE 177,700 WESTERN UN CO COM 959802109 10,547 735,500 SH SOLE 735,500 YAMANA GOLD INC COM 98462Y100 1,627 209,030 SH SOLE 209,030
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