-----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, RvSSxGWdR6voO9XuNo0sH7RqS6DIK4eEneYDERDD2vtjbXcmNxk0wKn3aOd2q2PZ FUEkExyglOVD8YWZ8FRjTw== 0000902664-08-002030.txt : 20080515 0000902664-08-002030.hdr.sgml : 20080515 20080515130534 ACCESSION NUMBER: 0000902664-08-002030 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080331 FILED AS OF DATE: 20080515 DATE AS OF CHANGE: 20080515 EFFECTIVENESS DATE: 20080515 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: 08835642 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 p08-1016form13fhr.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: March 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 5/15/08 ------------------------ ------------------------------ ---------- 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: 157 ------------- Form 13F Information Table Value Total: $571,315 ------------- (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 - ---------------------------- -------------- --------- -------- ------- --- ----- ---------- -------- ---- ----- ----- ADOBE SYS INC COM 00724F101 7,812 219,500 SH SOLE 219,500 ADVANCED TECHNOLOGY ACQU COR COM 007556103 7,934 1,063,600 SH SOLE 1,063,600 AFC ENTERPRISES INC COM 00104Q107 1,288 143,285 SH SOLE 143,285 ALPHA SEC GROUP CORP *W EXP 03/23/201 02078A118 25 100,000 SH SOLE 100,000 ALPHA SEC GROUP CORP COM 02078A100 5,832 613,900 SH SOLE 613,900 ALSIUS CORPORATION COM 021211107 46 25,000 SH SOLE 25,000 ALTERNATIVE ASSET MGMT ACQU *W EXP 08/01/201 02149U119 95 146,800 SH SOLE 146,800 ALTERNATIVE ASSET MGMT ACQU COM 02149U101 8,097 854,999 SH SOLE 854,999 ALYST ACQUISTION CORP *W EXP 06/28/201 02263A113 71 283,000 SH SOLE 283,000 ALYST ACQUISTION CORP COM 02263A105 5,038 678,100 SH SOLE 678,100 ANADARKO PETE CORP COM 032511107 693 11,000 SH SOLE 11,000 ANADARKO PETE CORP COM 032511107 1,261 20,000 SH PUT SOLE 20,000 ANIXTER INTL INC COM 035290105 8,210 128,200 SH SOLE 128,200 APEX BIOVENTURES ACQ CORP COM 03753Q105 5,812 789,679 SH SOLE 789,679 APPLERA CORP COM AP BIO GRP 038020103 4,183 127,300 SH SOLE 127,300 BANK NOVA SCOTIA HALIFAX COM 064149107 1,741 38,500 SH CALL SOLE 38,500 BANK OF AMERICA CORPORATION COM 060505104 690 18,210 SH SOLE 18,210 BCE INC COM NEW 05534B760 13,018 385,300 SH SOLE 385,300 BCE INC COM NEW 05534B760 304 9,000 SH PUT SOLE 9,000 BEAR STEARNS COS INC COM 073902108 315 30,000 SH PUT SOLE 30,000 BIO RAD LABS INC CL A 090572207 8,231 92,533 SH SOLE 92,533 BON-TON STORES INC COM 09776J101 125 22,800 SH PUT SOLE 22,800 CANTEL MEDICAL CORP COM 138098108 6,206 584,374 SH SOLE 584,374 CARNIVAL CORP PAIRED CTF 143658300 3,748 92,600 SH SOLE 92,600 CHC HELICOPTER CORP CL A SUB VTG 12541C203 4,434 150,000 SH SOLE 150,000 CHINA HEALTHCARE ACQ CORP *W EXP 04/18/201 16939Q112 77 386,000 SH SOLE 386,000 CHINA HEALTHCARE ACQ CORP COM 16939Q104 4,772 849,050 SH SOLE 849,050 CHURCHILL VENTURES LTD *W EXP 03/01/201 17157P117 18 50,000 SH SOLE 50,000 CHURCHILL VENTURES LTD COM 17157P109 3,814 498,600 SH SOLE 498,600 CLARK HLDGS INC *W EXP 02/15/201 18145M117 3 11,300 SH SOLE 11,300 CLEAR CHANNEL COMMUNICATIONS COM 184502102 5,114 175,000 SH SOLE 175,000 CLEVELAND BIOLABS INC COM 185860103 224 55,000 SH SOLE 55,000 COEUR D ALENE MINES CORP IDA COM 192108108 303 75,000 SH SOLE 75,000 COLUMBUS ACQUISITION CORP COM 198851107 8,606 1,144,350 SH SOLE 1,144,350 COMMERCIAL METALS CO COM 201723103 4,256 142,000 SH SOLE 142,000 COMMUNITY BANKERS ACQUISITN W EXP 06/04/201 20361R119 22 112,100 SH SOLE 112,100 COMMUNITY BANKERS ACQUISITN COM 20361R101 4,567 607,300 SH SOLE 607,300 CYPRESS SEMICONDUCTOR CORP COM 232806109 4,722 200,000 SH SOLE 200,000 DEKANIA CORP COM 24488U104 2,001 209,800 SH SOLE 209,800 DESCARTES SYS GROUP INC COM 249906108 5,702 1,638,400 SH SOLE 1,638,400 DIANA SHIPPING INC COM Y2066G104 3,932 149,400 SH SOLE 149,400 DOLLAR TREE INC COM 256746108 9,251 335,300 SH SOLE 335,300 DRESS BARN INC NOTE 2.500%12/1 261570AB1 6,958 4,900,000 SH SOLE 4,900,000 ENCANA CORP COM 292505104 1,772 23,300 SH SOLE 23,300 ENCANA CORP COM 292505104 3,788 50,000 SH PUT SOLE 50,000 ENERGY CONVERSION DEVICES IN COM 292659109 5,155 172,400 SH SOLE 172,400 ENERGY INFRASTRUCTURE ACQUI COM 29269P109 6,553 658,627 SH SOLE 658,627 ENERGY SVCS ACQUISITION CORP COM 29271Q103 2,476 423,300 SH SOLE 423,300 EXFO ELECTRO OPTICAL ENGR IN SUB VTG SHS 302043104 781 163,600 SH SOLE 163,600 EXFO ELECTRO OPTICAL ENGR IN SUB VTG SHS 302043104 4,511 933,900 SH SOLE 933,900 FIRST ADVANTAGE CORP CL A 31845F100 5,759 271,771 SH SOLE 271,771 FORDING CDN COAL TR TR UNIT 345425102 2,610 50,000 SH PUT SOLE 50,000 GENERAL FINANCE CORP *W EXP 04/05/201 369822119 87 53,009 SH SOLE 53,009 GENEVA ACQUISITION CORP *W EXP 02/12/201 37185Y112 54 417,900 SH SOLE 417,900 GENEVA ACQUISITION CORP COM 37185Y104 2,988 533,500 SH SOLE 533,500 GERDAU AMERISTEEL CORP COM 37373P105 3,443 244,000 SH SOLE 244,000 GRAFTECH INTL LTD COM 384313102 4,531 279,500 SH SOLE 279,500 GRANAHAN MCCOURT ACQ CORP COM 385034103 1,569 198,100 SH SOLE 198,100 GRANAHAN MCCOURT ACQ CORP *W EXP 10/18/201 385034111 37 228,400 SH SOLE 228,400 GREAT ATLANTIC & PAC TEA INC COM 390064103 8,198 312,646 SH SOLE 312,646 GRUBB&ELLIS RLTY ADVISORS IN *W EXP 02/27/201 400096111 1 165,400 SH SOLE 165,400 GRUBB&ELLIS RLTY ADVISORS IN COM 400096103 2,555 427,300 SH SOLE 427,300 GSC ACQUISITION COMPANY COM 40053G106 4,913 531,700 SH SOLE 531,700 HARBOR ACQUISITION CORPORATI *W EXP 04/25/201 41145X115 1 283,800 SH SOLE 283,800 HARBOR ACQUISITION CORPORATI COM 41145X107 4,149 714,100 SH SOLE 714,100 HD PARTNERS ACQUISITION CORP *W EXP 06/01/201 40415K118 1 199,100 SH SOLE 199,100 HD PARTNERS ACQUISITION CORP COM 40415K100 3,932 502,800 SH SOLE 502,800 ICU MED INC COM 44930G107 2,014 70,000 SH SOLE 70,000 IMMUCOR INC COM 452526106 2,350 110,100 SH SOLE 110,100 INFOUSA INC NEW COM 456818301 6,346 1,038,646 SH SOLE 1,038,646 IPCS INC COM NEW 44980Y305 1,621 69,411 SH SOLE 69,411 ISHARES TR S&P GBL TELCM 464287275 13,658 200,000 SH PUT SOLE 200,000 JK ACQUISITION CORP *W EXP 04/10/201 47759H114 1 311,364 SH SOLE 311,364 JK ACQUISITION CORP COM 47759H106 4,594 766,867 SH SOLE 766,867 KAYDON CORP COM 486587108 9,432 214,800 SH SOLE 214,800 KBL HEALTHCARE ACQUIS CORP I COM 48241N107 9,661 1,341,800 SH SOLE 1,341,800 LUNDIN MINING CORP COM 550372106 523 76,800 SH SOLE 76,800 MANULIFE FINL CORP COM 56501R106 382 10,000 SH SOLE 10,000 MANULIFE FINL CORP COM 56501R106 1,899 50,000 SH PUT SOLE 50,000 MARATHON ACQUISITION CORP COM 565756103 108 14,000 SH SOLE 14,000 MBF HEALTHCARE ACQUISITION C *W EXP 04/16/201 552650111 67 278,000 SH SOLE 278,000 MBF HEALTHCARE ACQUISITION C COM 552650103 4,066 528,000 SH SOLE 528,000 MEDIA & ENTMT HOLDINGS INC *W EXP 03/09/201 58439W116 39 214,500 SH SOLE 214,500 MEDIA & ENTMT HOLDINGS INC COM 58439W108 4,503 601,974 SH SOLE 601,974 MINDSPEED TECHNOLOGIES INC COM 602682106 1,675 3,490,386 SH SOLE 3,490,386 MIRANT CORP NEW COM 60467R100 786 21,600 SH SOLE 21,600 MIRANT CORP NEW COM 60467R100 1,456 40,000 SH PUT SOLE 40,000 NAVIOS MARITIME HOLDINGS INC *W EXP 12/09/200 Y62196111 505 109,777 SH SOLE 109,777 NBTY INC COM 628782104 3,798 126,800 SH SOLE 126,800 NORFOLK SOUTHERN CORP COM 655844108 1,233 22,700 SH SOLE 22,700 NORFOLK SOUTHERN CORP COM 655844108 4,074 75,000 SH PUT SOLE 75,000 NORTH AMERN INS LEADERS INC COM 65687M104 3,531 448,637 SH SOLE 448,637 NTR ACQUISITION CO COM 629415100 3,286 343,400 SH SOLE 343,400 O2MICRO INTERNATIONAL LTD SPONS ADR 67107W100 1,420 183,655 SH SOLE 183,655 OCEANAUT INC COM 675227102 2,327 300,700 SH SOLE 300,700 ORTHOFIX INTL N V COM N6748L102 7,999 201,143 SH SOLE 201,143 PALL CORP COM 696429307 8,522 243,000 SH SOLE 243,000 PAN AMERICAN SILVER CORP COM 697900108 284 7,400 SH SOLE 7,400 PAPA JOHNS INTL INC COM 698813102 5,777 238,600 SH SOLE 238,600 PERKINELMER INC COM 714046109 15,425 636,100 SH SOLE 636,100 PHILLIPS VAN HEUSEN CORP COM 718592108 3,913 103,200 SH SOLE 103,200 PORTFOLIO RECOVERY ASSOCS IN COM 73640Q105 429 10,000 SH PUT SOLE 10,000 PROGRESSIVE GAMING INTL CORP COM 74332S102 3,208 1,512,996 SH SOLE 1,512,996 RAM ENERGY RESOURCES INC *W EXP 05/11/200 75130P117 81 740,000 SH SOLE 740,000 REGIS CORP MINN COM 758932107 3,645 132,600 SH SOLE 132,600 RENAISSANCE ACQUISITION CORP COM 75966C305 3,634 646,700 SH SOLE 646,700 REPUBLIC SVCS INC COM 760759100 10,838 370,655 SH SOLE 370,655 ROCKWOOD HLDGS INC COM 774415103 6,875 209,800 SH SOLE 209,800 ROGERS COMMUNICATIONS INC CL B 775109200 1,078 30,000 SH CALL SOLE 30,000 ROGERS COMMUNICATIONS INC CL B 775109200 4,257 118,500 SH PUT SOLE 118,500 ROSS STORES INC COM 778296103 7,814 260,800 SH SOLE 260,800 SANTA MONICA MEDIA CORP *W EXP 03/27/201 802501114 45 180,500 SH SOLE 180,500 SANTA MONICA MEDIA CORP COM 802501106 4,555 598,520 SH SOLE 598,520 SAPPHIRE INDUSTRIALS CORP COM 80306T109 3,664 400,000 SH SOLE 400,000 SCOPUS VIDEO NETWORKS LTD SHS M8260H106 4,288 1,011,275 SH SOLE 1,011,275 SEARS HLDGS CORP COM 812350106 10,209 100,000 SH PUT SOLE 100,000 SECURE AMER ACQUISITION CORP *W EXP 10/23/201 81372L111 19 62,600 SH SOLE 62,600 SECURE AMER ACQUISITION CORP COM 81372L103 2,185 327,600 SH SOLE 327,600 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 2,485 100,000 SH CALL SOLE 100,000 SEMICONDUCTOR HLDRS TR DEP RCPT 816636203 11,296 393,300 SH SOLE 393,300 SERVICE CORP INTL COM 817565104 5,129 505,800 SH SOLE 505,800 SHANGHAI CENTURY ACQUISIT CO SHS G80637104 594 78,200 SH SOLE 78,200 SILVER WHEATON CORP COM 828336107 232 15,000 SH SOLE 15,000 SPARTAN STORES INC COM 846822104 4,887 234,400 SH SOLE 234,400 SPDR TR UNIT SER 1 78462F103 7,615 57,700 SH SOLE 57,700 ST MARY LD & EXPL CO COM 792228108 3,873 100,600 SH SOLE 100,600 STONELEIGH PARTNERS ACQUS CO *W EXP 05/31/201 861923126 26 64,200 SH SOLE 64,200 STONELEIGH PARTNERS ACQUS CO COM 861923100 6,089 806,500 SH SOLE 806,500 SUN LIFE FINL INC COM 866796105 1,190 25,500 SH SOLE 25,500 SUN LIFE FINL INC COM 866796105 2,330 50,000 SH PUT SOLE 50,000 SUN-TIMES MEDIA GROUP INC COM 86688Q100 1,976 2,744,791 SH SOLE 2,744,791 TAILWIND FINL INC *W EXP 04/11/201 874023112 36 280,000 SH SOLE 280,000 TAILWIND FINL INC COM 874023104 4,235 550,000 SH SOLE 550,000 TECK COMINCO LTD CL B 878742204 745 18,200 SH SOLE 18,200 TECK COMINCO LTD CL B 878742204 2,048 50,000 SH PUT SOLE 50,000 TEXAS ROADHOUSE INC CL A 882681109 4,799 489,700 SH SOLE 489,700 TRANSALTA CORP COM 89346D107 3,107 100,000 SH CALL SOLE 100,000 TRANSFORMA ACQUISITION GROUP COM 89366E100 4,143 534,619 SH SOLE 534,619 TRANS-INDIA ACQUISITION CORP *W EXP 02/08/201 893237115 43 214,600 SH SOLE 214,600 TRANS-INDIA ACQUISITION CORP COM 893237107 7,658 1,023,814 SH SOLE 1,023,814 TREMISIS ENERGY ACQ CORP II COM 89472N101 735 100,000 SH SOLE 100,000 TRIAN ACQUISITION I CORP COM 89582E108 905 100,000 SH SOLE 100,000 TRIAN ACQUISITION I CORP *W EXP 01/23/201 89582E116 70 100,000 SH SOLE 100,000 TRUE RELIGION APPAREL INC COM 89784N104 4,249 229,033 SH SOLE 229,033 UNION STREET ACQ CORP *W EXP 02/05/201 908536113 50 293,900 SH SOLE 293,900 UNION STREET ACQ CORP COM 908536105 6,710 862,470 SH SOLE 862,470 UNITED REFINING ENERGY CORP *W EXP 12/11/201 911360113 55 100,000 SH SOLE 100,000 UNITED REFINING ENERGY CORP COM 911360105 2,550 281,200 SH SOLE 281,200 VALUECLICK INC COM 92046N102 3,881 225,000 SH SOLE 225,000 VANTAGE ENERGY SERVICES INC COM 92209F102 3,353 450,000 SH SOLE 450,000 VIACOM INC NEW CL B 92553P201 7,350 185,500 SH SOLE 185,500 WESTERN UN CO COM 959802109 13,081 615,000 SH SOLE 615,000 WILLIAMS COS INC DEL COM 969457100 1,979 60,000 SH SOLE 60,000 WILLIAMS COS INC DEL COM 969457100 2,638 80,000 SH PUT SOLE 80,000 WRIGHT MED GROUP INC COM 98235T107 9,885 409,500 SH SOLE 409,500 YAHOO INC COM 984332106 4,137 143,000 SH SOLE 143,000 YAMANA GOLD INC COM 98462Y100 11,638 794,830 SH SOLE 794,830
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