CUSIP No. |
44930K108 |
Page | 2 |
of | 10 |
1 | NAME OF REPORTING PERSON Highland Capital Management, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 75-2716725 |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
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(a) o | |||||||||||
(b) o | |||||||||||
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) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
Delaware | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 27,810,157 | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 1,346,258 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 27,810,157 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
1,346,258 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
29,156,415 | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
20.1% | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
PN, IA |
CUSIP No. |
44930K108 |
Page | 3 |
of | 10 |
1 | NAME OF REPORTING PERSON Strand Advisors, Inc. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 95-4440863 |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
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(a) o | |||||||||||
(b) o | |||||||||||
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) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
Delaware | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 27,810,157 | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 1,346,258 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 27,810,157 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
1,346,258 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
29,156,415 | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
20.1% | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
CO, HC |
CUSIP No. |
44930K108 |
Page | 4 |
of | 10 |
1 | NAME OF REPORTING PERSON James Dondero S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
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(a) o | |||||||||||
(b) o | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS | ||||||||||
PF | |||||||||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
United States | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 32,566,014 | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 1,446,258 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 32,566,014 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
1,446,258 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
34,012,272 | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
23.5% | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
IN, HC |
CUSIP No. |
44930K108 |
Page | 5 |
of | 10 |
1 | NAME OF REPORTING PERSON Highland Credit Strategies Fund (1) S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 20-4948762 |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
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(a) o | |||||||||||
(b) þ | |||||||||||
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) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
Delaware | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 225,0000 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
225,000 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
225,000 | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
0.2% | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
OO |
CUSIP No. |
44930K108 |
Page | 6 |
of | 10 |
1 | NAME OF REPORTING PERSON Highland Equity Opportunities Fund (1) S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 20-4570552 |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
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(a) o | |||||||||||
(b) þ | |||||||||||
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) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
Delaware | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 261,201 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
261,201 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
261,201 | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
0.2% | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
OO |
CUSIP No. |
44930K108 |
Page | 7 |
of | 10 |
1 | NAME OF REPORTING PERSON Highland Multi-Strategy Onshore Master SubFund, L.L.C. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 20-5237152 |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
||||||||||
(a) o | |||||||||||
(b) o | |||||||||||
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) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
Delaware | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 860,057 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
860,057 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
860,057 | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
0.6% | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
OO |
CUSIP No. |
44930K108 |
Page | 8 |
of | 10 |
1 | NAME OF REPORTING PERSON Highland Multi-Strategy Master Fund, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 20-5237085 |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
||||||||||
(a) o | |||||||||||
(b) o | |||||||||||
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) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
Bermuda | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 860,057 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
860,057 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
860,057 | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
0.6% | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
PN/HC |
CUSIP No. 44930K108 | Page 9 of 10 |
(i) | sole power to vote or to direct the vote: See the disclosure provided in response to Item 7 on the attached cover page(s). | ||
(ii) | shared power to vote or to direct the vote: See the disclosure provided in response to Item 8 on the attached cover page(s). | ||
(iii) | sole power to dispose or to direct the disposition of:
See the disclosure provided in response to Item 9 on the attached cover page(s). |
||
(iv) | shared power to dispose or to direct the disposition of: See the disclosure provided in response to Item 10 on the attached cover page(s). |
Transaction Date | Reporting Person | Number of Shares Acquired | Price Per Share ($) | Description of Transaction | ||||||||
01/11/2008
|
Highland Capital | 104,900 | 2.6413 | Open Market | ||||||||
01/14/2008
|
Highland Capital | 142,800 | 2.9142 | Open Market | ||||||||
01/14/2008
|
Highland Capital | 2,200,000 | 3.6 | Call Option |
1 | The percentage calculation is based on 144,767,706 shares of the Class A Common Stock outstanding, reported on the Form 10-Q filed with the SEC by the Issuer on November 14, 2007. |
Highland Credit Strategy Fund | ||||||||||
By: | /s/ James Dondero | |||||||||
Name: | James Dondero | |||||||||
Title: | President | |||||||||
Highland Equity Opportunities Fund | ||||||||||
By: | Highland Fund I, its management investment company | |||||||||
By: | /s/ James Dondero | |||||||||
Name: | James Dondero | |||||||||
Title: | President | |||||||||
Highland Multi-Strategy Onshore Master SubFund, L.L.C. | ||||||||||
By: | Highland Multi-Strategy Master Fund, L.P., its managing member | |||||||||
By: | Highland Multi-Strategy Fund GP, L.P., its general partner | |||||||||
By: | Highland Multi-Strategy Fund GP, L.L.C., its general partner | |||||||||
By: | Highland Capital Management, L.P., its sole member | |||||||||
By: | Strand Advisors, Inc., its general partner | |||||||||
By: | /s/ James Dondero | |||||||||
Name: James Dondero | ||||||||||
Title: President | ||||||||||
Highland Multi-Strategy Master Fund, L.P. | ||||||||||
By: | Highland Multi-Strategy Fund GP, L.P., its general partner | |||||||||
By: | Highland Multi-Strategy Fund GP, L.L.C., its general partner | |||||||||
By: | Highland Capital Management, L.P., its sole member | |||||||||
By: | Strand Advisors, Inc., its general partner | |||||||||
By: | /s/ James Dondero | |||||||||
Name: James Dondero | ||||||||||
Title: President | ||||||||||
Highland Capital Management, L.P. | ||||||||||
By: | Strand Advisors, Inc., its general partner | |||||||||
By: | /s/ James Dondero | |||||||||
Name: James Dondero | ||||||||||
Title: President | ||||||||||
Strand Advisors, Inc. | ||||||||||
By: | /s/ James Dondero | |||||||||
Name: | James Dondero | |||||||||
Title: | President | |||||||||
James Dondero | ||||||||||
/s/ James Dondero | ||||||||||