0000902664-13-002172.txt : 20130514 0000902664-13-002172.hdr.sgml : 20130514 20130513194113 ACCESSION NUMBER: 0000902664-13-002172 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130331 FILED AS OF DATE: 20130514 DATE AS OF CHANGE: 20130513 EFFECTIVENESS DATE: 20130514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Empyrean Capital Partners, LP CENTRAL INDEX KEY: 0001317195 IRS NUMBER: 522403815 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11141 FILM NUMBER: 13838953 BUSINESS ADDRESS: STREET 1: 10250 CONSTELLATION BOULEVARD STREET 2: SUITE 2950 CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: (310)843-9900 MAIL ADDRESS: STREET 1: 10250 CONSTELLATION BOULEVARD STREET 2: SUITE 2950 CITY: LOS ANGELES STATE: CA ZIP: 90067 13F-HR 1 p13-1273form13fhr.txt EMPYREAN CAPITAL PARTNERS, LP UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2012 ------------------------ 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: Empyrean Capital Partners, LP -------------------------------------------------- Address: 10250 Constellation Boulevard -------------------------------------------------- Suite 2950 -------------------------------------------------- Los Angeles, California 90067 -------------------------------------------------- Form 13F File Number: 028-11141 ------------------ 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: C. Martin Meekins -------------------------------------------------- Title: General Counsel and Chief Compliance Officer -------------------------------------------------- Phone: 310-843-3071 -------------------------------------------------- Signature, Place, and Date of Signing: /s/ C. Martin Meekins Los Angeles, California 05/15/2013 ----------------------- --------------------------- ------------------ 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: 92 ------------- Form 13F Information Table Value Total: $ 4,780,573 ------------- (thousands) List of Other Included Managers: 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 ---------------------------- ---------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- AMAZON COM INC COM 023135106 13,325 50,000 SH PUT SOLE 50,000 0 0 BALLY TECHNOLOGIES INC COM 05874B107 96,805 1,862,700 SH SOLE 1,862,700 0 0 BANK OF AMERICA CORPORATION COM 060505104 91,350 7,500,000 SH PUT SOLE 7,500,000 0 0 BARNES GROUP INC NOTE 3.375% 3/1 067806AD1 21,480 19,596,000 PRN SOLE 0 0 0 BARRICK GOLD CORP COM 067901108 73,500 2,500,000 SH SOLE 2,500,000 0 0 BARRICK GOLD CORP COM 067901108 44,100 1,500,000 SH CALL SOLE 1,500,000 0 0 BARRICK GOLD CORP COM 067901108 51,450 1,750,000 SH PUT SOLE 1,750,000 0 0 BOSTON PRIVATE FINL HLDGS IN *W EXP 11/21/201 101119113 1,012 300,260 SH SOLE 300,260 0 0 BRISTOW GROUP INC NOTE 3.000% 6/1 110394AC7 4,069 3,555,000 PRN SOLE 0 0 0 COBALT INTL ENERGY INC NOTE 2.625%12/0 19075FAA4 25,149 22,500,000 PRN SOLE 0 0 0 COMMONWEALTH REIT COM SH BEN INT 203233101 44,880 2,000,000 SH SOLE 2,000,000 0 0 COMTECH TELECOMMUNICATIONS C NOTE 3.000% 5/0 205826AF7 4,200 4,106,000 PRN SOLE 0 0 0 COMVERSE INC COM 20585P105 3,597 128,278 SH SOLE 128,278 0 0 CONSTELLATION BRANDS INC CL A 21036P108 95,280 2,000,000 SH SOLE 2,000,000 0 0 CONSTELLATION BRANDS INC CL A 21036P108 95,280 2,000,000 SH CALL SOLE 2,000,000 0 0 CORELOGIC INC COM 21871D103 6,258 241,977 SH SOLE 241,977 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 13,717 830,5800 SH PUT SOLE 830,800 0 0 DENDREON CORP NOTE 2.875% 1/1 24823QAC1 50,532 64,365,000 PRN SOLE 0 0 0 DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 25,354 364,598 SH SOLE 364,598 0 0 E TRADE FINANCIAL CORP NOTE 8/3 269246AZ7 14,888 14,247,000 PRN SOLE 0 0 0 ELECTRONIC ARTS INC NOTE 0.750% 7/1 285512AA7 16,006 16,500,000 PRN SOLE 0 0 0 ENERSYS NOTE 3.375% 6/0 29275YAA0 20,819 16,430,000 PRN SOLE 0 0 0 EXELON CORP COM 30161N101 144,816 4,200,000 SH SOLE 4,200,000 0 0 EXELON CORP COM 30161N101 137,920 4,000,000 SH CALL SOLE 4,000,000 0 0 EXELON CORP COM 30161N101 51,720 1,500,000 SH PUT SOLE 1,500,000 0 0 FIRST AMERN FINL CORP COM 31847R102 6,187 241,977 SH SOLE 241,977 0 0 FOREST CITY ENTERPRISES INC NOTE 4.250% 8/1 345550AP2 19,221 17,300,000 PRN SOLE 0 0 0 FREEPORT-MCMORAN COPPER & GO COM 35671D857 62,890 1,900,000 SH CALL SOLE 1,900,000 0 0 GENCORP INC SDCV 4.062%12/3 368682AN0 24,851 15,900,000 PRN SOLE 0 0 0 GENERAL DYNAMICS CORP COM 369550108 17,628 250,000 SH CALL SOLE 250,000 0 0 GENERAL ELECTRIC CO COM 369604103 5,780 250,000 SH SOLE 250,000 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V126 1,219 103,355 SH SOLE 103,355 0 0 GLOBAL EAGLE ENTMT INC COM 37951D102 3,995 407,700 SH SOLE 407,700 0 0 GROUP 1 AUTOMOTIVE INC FRNT 2.250% 6/1 398905AE9 5,792 5,000,000 PRN SOLE 0 0 0 ISHARES SILVER TRUST ISHARES 46428Q109 20,573 750,000 SH SOLE 750,000 0 0 ISHARES SILVER TRUST ISHARES 46428Q109 41,145 1,500,000 SH CALL SOLE 1,500,000 0 0 ISHARES SILVER TRUST ISHARES 46428Q109 20,573 750,000 SH PUT SOLE 750,000 0 0 ISHARES TR DJ SEL DIV INX 464287168 8,128 128,200 SH SOLE 128,200 0 0 ISHARES TR DJ SEL DIV INX 464287168 63,400 1,000,000 SH CALL SOLE 1,000,000 0 0 ISHARES TR RUSSELL 2000 464287655 28,329 300,000 SH PUT SOLE 300,000 0 0 IXIA NOTE 3.000%12/1 45071RAB5 16,512 12,500,000 PRN SOLE 0 0 0 LABORATORY CORP AMER HLDGS COM NEW 50540R409 67,650 750,000 SH SOLE 750,000 0 0 LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 25,644 1,200,000 SH SOLE 1,200,000 0 0 LIBERTY MEDIA CORP DELAWARE CL A 531229102 58,829 527,000 SH SOLE 527,000 0 0 LIFE TECHNOLOGIES CORP COM 53217V109 116,334 1,800,000 SH SOLE 1,800,000 0 0 LOCKHEED MARTIN CORP COM 539830109 77,216 800,000 SH CALL SOLE 800,000 0 0 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 18,925 500,000 SH SOLE 500,000 0 0 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 18,925 500,000 SH PUT SOLE 500,000 0 0 MARRIOTT INTL INC NEW CL A 571903202 8,446 200,000 SH PUT SOLE 200,000 0 0 MGM RESORTS INTERNATIONAL COM 552953101 18,673 1,420,000 SH PUT SOLE 1,420,000 0 0 MICROSOFT CORP COM 594918104 64,361 2,250,000 SH SOLE 2,250,000 0 0 NEWPARK RES INC NOTE 4.000%10/0 651718AC2 9,675 8,250,000 PRN SOLE 0 0 0 NORTHROP GRUMMAN CORP COM 666807102 35,075 500,000 SH CALL SOLE 500,000 0 0 PENN NATL GAMING INC COM 707569109 108,860 2,000,000 SH SOLE 2,000,000 0 0 PHOTRONICS INC NOTE 3.250% 4/0 719405AH5 11,230 10,697,000 PRN SOLE 0 0 0 PLAINS EXPL& PRODTN CO COM 726505100 135,290 2,850,000 SH SOLE 2,850,000 0 0 RTI INTL METALS INC NOTE 3.000%12/0 74973WAA5 15,818 13,627,000 PRN SOLE 0 0 0 SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 47,016 1,200,000 SH PUT SOLE 1,200,000 0 0 SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 46,009 1,000,000 SH PUT SOLE 1,000,000 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 81,941 4,500,000 SH PUT SOLE 4,500,000 0 0 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 41,760 1,000,000 SH CALL SOLE 1,000,000 0 0 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 167,040 4,000,000 SH PUT SOLE 4,000,000 0 0 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 15,135 500,000 SH CALL SOLE 500,000 0 0 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 90,810 3,000,000 SH PUT SOLE 3,000,000 0 0 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 156,400 4,000,000 SH PUT SOLE 4,000,000 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 193,088 1,250,000 SH CALL SOLE 1,250,000 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 11,585 75,000 SH PUT SOLE 75,000 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 506,044 3,230,000 SH PUT SOLE 3,230,000 0 0 SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 20,972 100,000 SH CALL SOLE 100,000 0 0 SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 157,290 750,000 SH PUT SOLE 750,000 0 0 SPDR SERIES TRUST S&P RETAIL ETF 78464A714 140,780 2,000,000 SH PUT SOLE 2,000,000 0 0 SPDR SERIES TRUST S&P METALS MNG 78464A755 4,039 100,000 SH PUT SOLE 100,000 0 0 SPIRIT RLTY CAP INC COM 84860F109 34,200 1,800,000 SH SOLE 1,800,000 0 0 SPRINT NEXTEL CORP COM SER 1 852061100 136,620 22,000,000 SH SOLE 22,000,000 0 0 STARWOOD HOTELS&RESORTS WRLD COM 85590A401 12,746 200,000 SH PUT SOLE 200,000 0 0 STARZ LIBRTY CAP COM A 85571Q102 11,673 527,000 SH SOLE 527,000 0 0 STEWART ENTERPRISES INC NOTE 3.125% 7/1 860370AH8 4,693 4,480,000 PRN SOLE 0 0 0 STILLWATER MNG CO NOTE 1.750%10/1 86074QAL6 16,180 13,600,000 PRN SOLE 0 0 0 SUNPOWER CORP DBCV 4.500% 3/1 867652AE9 3,019 3,000,000 PRN SOLE 0 0 0 TALISMAN ENERGY INC COM 87425E103 39,060 3,200,000 SH SOLE 3,200,000 0 0 TFS FINL CORP COM 87240R107 65,040 6,000,000 SH SOLE 6,000,000 0 0 TOWER GROUP INTL LTD COM G8988C105 44,280 2,400,000 SH SOLE 2,400,000 0 0 TYCO INTERNATIONAL LTD SHS H89128104 96,000 3,000,000 SH SOLE 3,000,000 0 0 TYCO INTERNATIONAL LTD SHS H89128104 64,000 2,000,000 SH CALL SOLE 2,000,000 0 0 TYCO INTERNATIONAL LTD SHS H89128104 32,000 1,000,000 SH PUT SOLE 1,000,000 0 0 U S AIRWAYS GROUP INC COM 90341W108 25,455 1,500,000 SH SOLE 1,500,000 0 0 U S AIRWAYS GROUP INC COM 90341W108 25,455 1,500,000 SH CALL SOLE 1,500,000 0 0 U S AIRWAYS GROUP INC COM 90341W108 60,564 3,568,900 SH PUT SOLE 3,568,900 0 0 UNITED CONTL HLDGS INC COM 910047109 16,005 500,000 SH PUT SOLE 500,000 0 0 UNITEDHEALTH GROUP INC COM 91324P102 42,908 750,000 SH SOLE 750,000 0 0 VERINT SYS INC COM 92343X100 6,086 166,504 SH SOLE 166,504 0 0 YAHOO INC COM 984332106 79,999 3,400,000 SH SOLE 3,400,000 0 0