UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 1)*
Under the Securities Exchange Act of 1934
ALTRA HOLDINGS, INC.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.001 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
02208R106
--------------------------------------------------------------------------------
(CUSIP Number)
December 31, 2008
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
13G is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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 the
disclosures provided in a prior cover page.
The information required in 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 ("Act") 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).
CUSIP No. 02208R106
--------------------------------------------------------------------------------
(1) Names of Reporting Persons: WS Capital, L.L.C.
I.R.S. Identification Nos. of Above Persons (entities only):
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ] (b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Citizenship or Place of Organization: Texas
--------------------------------------------------------------------------------
Number of Shares Beneficially Owned
by Each Reporting Person (5) Sole Voting Power: 0*
--------------------------------------
(6) Shared Voting Power: 1,264,677*
--------------------------------------
(7) Sole Dispositive Power: 0*
--------------------------------------
(8) Shared Dispositive Power: 1,264,677*
--------------------------------------
--------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person:
1,264,677*
--------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
--------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9): 4.8%*
--------------------------------------------------------------------------------
(12) Type of Reporting Person: HC/OO
--------------------------------------------------------------------------------
* Based on information set forth in the Quarterly Report on Form 10-Q of Altra
Holdings, Inc. (the "Company") for the quarterly period ended September 27, 2008
and filed with the Securities and Exchange Commission on November 6, 2008, as of
November 3, 2008, there were 26,395,209 shares of the Company's common stock,
par value $0.001 per share (the "Shares"), issued and outstanding. As of
December 31, 2008 (the "Reporting Date"), Walker Smith Capital, L.P. ("WSC"),
Walker Smith Capital (Q.P.), L.P. ("WSCQP"), Walker Smith International Fund,
Ltd. ("WS International") and HHMI Investments, L.P. ("HHMI," and collectively
with WSC, WSCQP and WS International, the "WS Funds") owned in the aggregate
1,264,677 Shares. WS Capital Management, L.P. ("WSC Management") is the general
partner of WSC and WSCQP, the agent and attorney-in-fact for WS International
and the investment manager for HHMI. WS Capital, L.L.C. ("WS Capital") is the
general partner of WSC Management. Reid S. Walker and G. Stacy Smith are members
of WS Capital. As a result, WSC Management, WS Capital, and Messrs. Reid S.
Walker and G. Stacy Smith possess shared power to vote and direct the
disposition of the Shares held by the WS Funds. In addition, as of the Reporting
Date, WS Opportunity Fund, L.P. ("WSO") and WS Opportunity Fund (Q.P.), L.P.
("WSOQP," and together with WSO, the "WSO Funds") owned in the aggregate 162,195
Shares. WS Ventures Management, L.P. ("WSVM") is the general partner of the WSO
Funds. WSV Management, L.L.C. ("WSV") is the general partner of WSVM. Reid S.
Walker, G. Stacy Smith, and Patrick P. Walker are members of WSV. As a result,
WSVM, WSV, and Messrs. Reid S. Walker, Patrick P. Walker, and G. Stacy Smith
possess shared power to vote and direct the disposition of the Shares held by
the WSO Funds. Thus, as of the Reporting Date, for the purposes of Reg. Section
240.13d-3, (i) Messrs. Reid S. Walker and G. Stacy Smith are deemed to
beneficially own 1,426,872 Shares, or approximately 5.4% of the Shares deemed
issued and outstanding as of the Reporting Date, (ii) WS Capital and WSC
Management are deemed to beneficially own 1,264,677 Shares, or approximately
4.8% of the Shares deemed issued and outstanding as of the Reporting Date, and
(iii) WSVM, WSV and Mr. Patrick P. Walker are deemed to beneficially own 162,195
Shares, or approximately 0.6% of the Shares deemed issued and outstanding as of
the Reporting Date. Each of the reporting persons hereby expressly disclaims
membership in a "group" under Section 13(d) of the Securities Exchange Act of
1934, as amended, and the rules and regulations thereunder with respect to the
Shares reported herein, and this Schedule 13G Amendment No. 1 shall not be
deemed to be an admission that any such reporting person is a member of such a
group.
CUSIP No. 02208R106
--------------------------------------------------------------------------------
(1) Names of Reporting Persons: WS Capital Management, L.P.
I.R.S. Identification Nos. of Above Persons (entities only):
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ] (b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Citizenship or Place of Organization: Texas
--------------------------------------------------------------------------------
Number of Shares Beneficially Owned
by Each Reporting Person (5) Sole Voting Power: 0*
--------------------------------------
(6) Shared Voting Power: 1,264,677*
--------------------------------------
(7) Sole Dispositive Power: 0*
--------------------------------------
(8) Shared Dispositive Power: 1,264,677*
--------------------------------------
--------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person:
1,264,677*
--------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
--------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9): 4.8%*
--------------------------------------------------------------------------------
(12) Type of Reporting Person: IA/PN
--------------------------------------------------------------------------------
* Based on information set forth in the Quarterly Report on Form 10-Q of Altra
Holdings, Inc. (the "Company") for the quarterly period ended September 27, 2008
and filed with the Securities and Exchange Commission on November 6, 2008, as of
November 3, 2008, there were 26,395,209 shares of the Company's common stock,
par value $0.001 per share (the "Shares"), issued and outstanding. As of
December 31, 2008 (the "Reporting Date"), Walker Smith Capital, L.P. ("WSC"),
Walker Smith Capital (Q.P.), L.P. ("WSCQP"), Walker Smith International Fund,
Ltd. ("WS International") and HHMI Investments, L.P. ("HHMI," and collectively
with WSC, WSCQP and WS International, the "WS Funds") owned in the aggregate
1,264,677 Shares. WS Capital Management, L.P. ("WSC Management") is the general
partner of WSC and WSCQP, the agent and attorney-in-fact for WS International
and the investment manager for HHMI. WS Capital, L.L.C. ("WS Capital") is the
general partner of WSC Management. Reid S. Walker and G. Stacy Smith are members
of WS Capital. As a result, WSC Management, WS Capital, and Messrs. Reid S.
Walker and G. Stacy Smith possess shared power to vote and direct the
disposition of the Shares held by the WS Funds. In addition, as of the Reporting
Date, WS Opportunity Fund, L.P. ("WSO") and WS Opportunity Fund (Q.P.), L.P.
("WSOQP," and together with WSO, the "WSO Funds") owned in the aggregate 162,195
Shares. WS Ventures Management, L.P. ("WSVM") is the general partner of the WSO
Funds. WSV Management, L.L.C. ("WSV") is the general partner of WSVM. Reid S.
Walker, G. Stacy Smith, and Patrick P. Walker are members of WSV. As a result,
WSVM, WSV, and Messrs. Reid S. Walker, Patrick P. Walker, and G. Stacy Smith
possess shared power to vote and direct the disposition of the Shares held by
the WSO Funds. Thus, as of the Reporting Date, for the purposes of Reg. Section
240.13d-3, (i) Messrs. Reid S. Walker and G. Stacy Smith are deemed to
beneficially own 1,426,872 Shares, or approximately 5.4% of the Shares deemed
issued and outstanding as of the Reporting Date, (ii) WS Capital and WSC
Management are deemed to beneficially own 1,264,677 Shares, or approximately
4.8% of the Shares deemed issued and outstanding as of the Reporting Date, and
(iii) WSVM, WSV and Mr. Patrick P. Walker are deemed to beneficially own 162,195
Shares, or approximately 0.6% of the Shares deemed issued and outstanding as of
the Reporting Date. Each of the reporting persons hereby expressly disclaims
membership in a "group" under Section 13(d) of the Securities Exchange Act of
1934, as amended, and the rules and regulations thereunder with respect to the
Shares reported herein, and this Schedule 13G Amendment No. 1 shall not be
deemed to be an admission that any such reporting person is a member of such a
group.
CUSIP No. 02208R106
--------------------------------------------------------------------------------
(1) Names of Reporting Persons: WSV Management, L.L.C.
I.R.S. Identification Nos. of Above Persons (entities only):
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ] (b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Citizenship or Place of Organization: Texas
--------------------------------------------------------------------------------
Number of Shares Beneficially Owned
by Each Reporting Person (5) Sole Voting Power: 0*
--------------------------------------
(6) Shared Voting Power: 162,195*
--------------------------------------
(7) Sole Dispositive Power: 0*
--------------------------------------
(8) Shared Dispositive Power: 162,195*
--------------------------------------
--------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person:
162,195*
--------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
--------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9): 0.6%*
--------------------------------------------------------------------------------
(12) Type of Reporting Person: HC/OO
--------------------------------------------------------------------------------
* Based on information set forth in the Quarterly Report on Form 10-Q of Altra
Holdings, Inc. (the "Company") for the quarterly period ended September 27, 2008
and filed with the Securities and Exchange Commission on November 6, 2008, as of
November 3, 2008, there were 26,395,209 shares of the Company's common stock,
par value $0.001 per share (the "Shares"), issued and outstanding. As of
December 31, 2008 (the "Reporting Date"), Walker Smith Capital, L.P. ("WSC"),
Walker Smith Capital (Q.P.), L.P. ("WSCQP"), Walker Smith International Fund,
Ltd. ("WS International") and HHMI Investments, L.P. ("HHMI," and collectively
with WSC, WSCQP and WS International, the "WS Funds") owned in the aggregate
1,264,677 Shares. WS Capital Management, L.P. ("WSC Management") is the general
partner of WSC and WSCQP, the agent and attorney-in-fact for WS International
and the investment manager for HHMI. WS Capital, L.L.C. ("WS Capital") is the
general partner of WSC Management. Reid S. Walker and G. Stacy Smith are members
of WS Capital. As a result, WSC Management, WS Capital, and Messrs. Reid S.
Walker and G. Stacy Smith possess shared power to vote and direct the
disposition of the Shares held by the WS Funds. In addition, as of the Reporting
Date, WS Opportunity Fund, L.P. ("WSO") and WS Opportunity Fund (Q.P.), L.P.
("WSOQP," and together with WSO, the "WSO Funds") owned in the aggregate 162,195
Shares. WS Ventures Management, L.P. ("WSVM") is the general partner of the WSO
Funds. WSV Management, L.L.C. ("WSV") is the general partner of WSVM. Reid S.
Walker, G. Stacy Smith, and Patrick P. Walker are members of WSV. As a result,
WSVM, WSV, and Messrs. Reid S. Walker, Patrick P. Walker, and G. Stacy Smith
possess shared power to vote and direct the disposition of the Shares held by
the WSO Funds. Thus, as of the Reporting Date, for the purposes of Reg. Section
240.13d-3, (i) Messrs. Reid S. Walker and G. Stacy Smith are deemed to
beneficially own 1,426,872 Shares, or approximately 5.4% of the Shares deemed
issued and outstanding as of the Reporting Date, (ii) WS Capital and WSC
Management are deemed to beneficially own 1,264,677 Shares, or approximately
4.8% of the Shares deemed issued and outstanding as of the Reporting Date, and
(iii) WSVM, WSV and Mr. Patrick P. Walker are deemed to beneficially own 162,195
Shares, or approximately 0.6% of the Shares deemed issued and outstanding as of
the Reporting Date. Each of the reporting persons hereby expressly disclaims
membership in a "group" under Section 13(d) of the Securities Exchange Act of
1934, as amended, and the rules and regulations thereunder with respect to the
Shares reported herein, and this Schedule 13G Amendment No. 1 shall not be
deemed to be an admission that any such reporting person is a member of such a
group.
CUSIP No. 02208R106
--------------------------------------------------------------------------------
(1) Names of Reporting Persons: WS Ventures Management, L.P.
I.R.S. Identification Nos. of Above Persons (entities only):
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ] (b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Citizenship or Place of Organization: Texas
--------------------------------------------------------------------------------
Number of Shares Beneficially Owned
by Each Reporting Person (5) Sole Voting Power: 0*
--------------------------------------
(6) Shared Voting Power: 162,195*
--------------------------------------
(7) Sole Dispositive Power: 0*
--------------------------------------
(8) Shared Dispositive Power: 162,195*
--------------------------------------
--------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person:
162,195*
--------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
--------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9): 0.6%*
--------------------------------------------------------------------------------
(12) Type of Reporting Person: IA/PN
--------------------------------------------------------------------------------
* Based on information set forth in the Quarterly Report on Form 10-Q of Altra
Holdings, Inc. (the "Company") for the quarterly period ended September 27, 2008
and filed with the Securities and Exchange Commission on November 6, 2008, as of
November 3, 2008, there were 26,395,209 shares of the Company's common stock,
par value $0.001 per share (the "Shares"), issued and outstanding. As of
December 31, 2008 (the "Reporting Date"), Walker Smith Capital, L.P. ("WSC"),
Walker Smith Capital (Q.P.), L.P. ("WSCQP"), Walker Smith International Fund,
Ltd. ("WS International") and HHMI Investments, L.P. ("HHMI," and collectively
with WSC, WSCQP and WS International, the "WS Funds") owned in the aggregate
1,264,677 Shares. WS Capital Management, L.P. ("WSC Management") is the general
partner of WSC and WSCQP, the agent and attorney-in-fact for WS International
and the investment manager for HHMI. WS Capital, L.L.C. ("WS Capital") is the
general partner of WSC Management. Reid S. Walker and G. Stacy Smith are members
of WS Capital. As a result, WSC Management, WS Capital, and Messrs. Reid S.
Walker and G. Stacy Smith possess shared power to vote and direct the
disposition of the Shares held by the WS Funds. In addition, as of the Reporting
Date, WS Opportunity Fund, L.P. ("WSO") and WS Opportunity Fund (Q.P.), L.P.
("WSOQP," and together with WSO, the "WSO Funds") owned in the aggregate 162,195
Shares. WS Ventures Management, L.P. ("WSVM") is the general partner of the WSO
Funds. WSV Management, L.L.C. ("WSV") is the general partner of WSVM. Reid S.
Walker, G. Stacy Smith, and Patrick P. Walker are members of WSV. As a result,
WSVM, WSV, and Messrs. Reid S. Walker, Patrick P. Walker, and G. Stacy Smith
possess shared power to vote and direct the disposition of the Shares held by
the WSO Funds. Thus, as of the Reporting Date, for the purposes of Reg. Section
240.13d-3, (i) Messrs. Reid S. Walker and G. Stacy Smith are deemed to
beneficially own 1,426,872 Shares, or approximately 5.4% of the Shares deemed
issued and outstanding as of the Reporting Date, (ii) WS Capital and WSC
Management are deemed to beneficially own 1,264,677 Shares, or approximately
4.8% of the Shares deemed issued and outstanding as of the Reporting Date, and
(iii) WSVM, WSV and Mr. Patrick P. Walker are deemed to beneficially own 162,195
Shares, or approximately 0.6% of the Shares deemed issued and outstanding as of
the Reporting Date. Each of the reporting persons hereby expressly disclaims
membership in a "group" under Section 13(d) of the Securities Exchange Act of
1934, as amended, and the rules and regulations thereunder with respect to the
Shares reported herein, and this Schedule 13G Amendment No. 1 shall not be
deemed to be an admission that any such reporting person is a member of such a
group.
CUSIP No. 02208R106
--------------------------------------------------------------------------------
(1) Names of Reporting Persons: Reid S. Walker
I.R.S. Identification Nos. of Above Persons (entities only):
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ] (b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Citizenship or Place of Organization: United States
--------------------------------------------------------------------------------
Number of Shares Beneficially Owned
by Each Reporting Person (5) Sole Voting Power: 0*
--------------------------------------
(6) Shared Voting Power: 1,426,872*
--------------------------------------
(7) Sole Dispositive Power: 0*
--------------------------------------
(8) Shared Dispositive Power: 1,426,872*
--------------------------------------
--------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person:
1,426,872*
--------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
--------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9): 5.4%*
--------------------------------------------------------------------------------
(12) Type of Reporting Person: IN
--------------------------------------------------------------------------------
* Based on information set forth in the Quarterly Report on Form 10-Q of Altra
Holdings, Inc. (the "Company") for the quarterly period ended September 27, 2008
and filed with the Securities and Exchange Commission on November 6, 2008, as of
November 3, 2008, there were 26,395,209 shares of the Company's common stock,
par value $0.001 per share (the "Shares"), issued and outstanding. As of
December 31, 2008 (the "Reporting Date"), Walker Smith Capital, L.P. ("WSC"),
Walker Smith Capital (Q.P.), L.P. ("WSCQP"), Walker Smith International Fund,
Ltd. ("WS International") and HHMI Investments, L.P. ("HHMI," and collectively
with WSC, WSCQP and WS International, the "WS Funds") owned in the aggregate
1,264,677 Shares. WS Capital Management, L.P. ("WSC Management") is the general
partner of WSC and WSCQP, the agent and attorney-in-fact for WS International
and the investment manager for HHMI. WS Capital, L.L.C. ("WS Capital") is the
general partner of WSC Management. Reid S. Walker and G. Stacy Smith are members
of WS Capital. As a result, WSC Management, WS Capital, and Messrs. Reid S.
Walker and G. Stacy Smith possess shared power to vote and direct the
disposition of the Shares held by the WS Funds. In addition, as of the Reporting
Date, WS Opportunity Fund, L.P. ("WSO") and WS Opportunity Fund (Q.P.), L.P.
("WSOQP," and together with WSO, the "WSO Funds") owned in the aggregate 162,195
Shares. WS Ventures Management, L.P. ("WSVM") is the general partner of the WSO
Funds. WSV Management, L.L.C. ("WSV") is the general partner of WSVM. Reid S.
Walker, G. Stacy Smith, and Patrick P. Walker are members of WSV. As a result,
WSVM, WSV, and Messrs. Reid S. Walker, Patrick P. Walker, and G. Stacy Smith
possess shared power to vote and direct the disposition of the Shares held by
the WSO Funds. Thus, as of the Reporting Date, for the purposes of Reg. Section
240.13d-3, (i) Messrs. Reid S. Walker and G. Stacy Smith are deemed to
beneficially own 1,426,872 Shares, or approximately 5.4% of the Shares deemed
issued and outstanding as of the Reporting Date, (ii) WS Capital and WSC
Management are deemed to beneficially own 1,264,677 Shares, or approximately
4.8% of the Shares deemed issued and outstanding as of the Reporting Date, and
(iii) WSVM, WSV and Mr. Patrick P. Walker are deemed to beneficially own 162,195
Shares, or approximately 0.6% of the Shares deemed issued and outstanding as of
the Reporting Date. Each of the reporting persons hereby expressly disclaims
membership in a "group" under Section 13(d) of the Securities Exchange Act of
1934, as amended, and the rules and regulations thereunder with respect to the
Shares reported herein, and this Schedule 13G Amendment No. 1 shall not be
deemed to be an admission that any such reporting person is a member of such a
group.
CUSIP No. 02208R106
--------------------------------------------------------------------------------
(1) Names of Reporting Persons: G. Stacy Smith
I.R.S. Identification Nos. of Above Persons (entities only):
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ] (b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Citizenship or Place of Organization: United States
--------------------------------------------------------------------------------
Number of Shares Beneficially Owned
by Each Reporting Person (5) Sole Voting Power: 0*
--------------------------------------
(6) Shared Voting Power: 1,426,872*
--------------------------------------
(7) Sole Dispositive Power: 0*
--------------------------------------
(8) Shared Dispositive Power: 1,426,872*
--------------------------------------
--------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person:
1,426,872*
--------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
--------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9): 5.4%*
--------------------------------------------------------------------------------
(12) Type of Reporting Person: IN
--------------------------------------------------------------------------------
* Based on information set forth in the Quarterly Report on Form 10-Q of Altra
Holdings, Inc. (the "Company") for the quarterly period ended September 27, 2008
and filed with the Securities and Exchange Commission on November 6, 2008, as of
November 3, 2008, there were 26,395,209 shares of the Company's common stock,
par value $0.001 per share (the "Shares"), issued and outstanding. As of
December 31, 2008 (the "Reporting Date"), Walker Smith Capital, L.P. ("WSC"),
Walker Smith Capital (Q.P.), L.P. ("WSCQP"), Walker Smith International Fund,
Ltd. ("WS International") and HHMI Investments, L.P. ("HHMI," and collectively
with WSC, WSCQP and WS International, the "WS Funds") owned in the aggregate
1,264,677 Shares. WS Capital Management, L.P. ("WSC Management") is the general
partner of WSC and WSCQP, the agent and attorney-in-fact for WS International
and the investment manager for HHMI. WS Capital, L.L.C. ("WS Capital") is the
general partner of WSC Management. Reid S. Walker and G. Stacy Smith are members
of WS Capital. As a result, WSC Management, WS Capital, and Messrs. Reid S.
Walker and G. Stacy Smith possess shared power to vote and direct the
disposition of the Shares held by the WS Funds. In addition, as of the Reporting
Date, WS Opportunity Fund, L.P. ("WSO") and WS Opportunity Fund (Q.P.), L.P.
("WSOQP," and together with WSO, the "WSO Funds") owned in the aggregate 162,195
Shares. WS Ventures Management, L.P. ("WSVM") is the general partner of the WSO
Funds. WSV Management, L.L.C. ("WSV") is the general partner of WSVM. Reid S.
Walker, G. Stacy Smith, and Patrick P. Walker are members of WSV. As a result,
WSVM, WSV, and Messrs. Reid S. Walker, Patrick P. Walker, and G. Stacy Smith
possess shared power to vote and direct the disposition of the Shares held by
the WSO Funds. Thus, as of the Reporting Date, for the purposes of Reg. Section
240.13d-3, (i) Messrs. Reid S. Walker and G. Stacy Smith are deemed to
beneficially own 1,426,872 Shares, or approximately 5.4% of the Shares deemed
issued and outstanding as of the Reporting Date, (ii) WS Capital and WSC
Management are deemed to beneficially own 1,264,677 Shares, or approximately
4.8% of the Shares deemed issued and outstanding as of the Reporting Date, and
(iii) WSVM, WSV and Mr. Patrick P. Walker are deemed to beneficially own 162,195
Shares, or approximately 0.6% of the Shares deemed issued and outstanding as of
the Reporting Date. Each of the reporting persons hereby expressly disclaims
membership in a "group" under Section 13(d) of the Securities Exchange Act of
1934, as amended, and the rules and regulations thereunder with respect to the
Shares reported herein, and this Schedule 13G Amendment No. 1 shall not be
deemed to be an admission that any such reporting person is a member of such a
group.
CUSIP No. 02208R106
--------------------------------------------------------------------------------
(1) Names of Reporting Persons: Patrick P. Walker
I.R.S. Identification Nos. of Above Persons (entities only):
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ] (b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Citizenship or Place of Organization: United States
--------------------------------------------------------------------------------
Number of Shares Beneficially Owned
by Each Reporting Person (5) Sole Voting Power: 0*
--------------------------------------
(6) Shared Voting Power: 162,195*
--------------------------------------
(7) Sole Dispositive Power: 0*
--------------------------------------
(8) Shared Dispositive Power: 162,195*
--------------------------------------
--------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person:
162,195*
--------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
--------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9): 0.6%*
--------------------------------------------------------------------------------
(12) Type of Reporting Person: IN
--------------------------------------------------------------------------------
* Based on information set forth in the Quarterly Report on Form 10-Q of Altra
Holdings, Inc. (the "Company") for the quarterly period ended September 27, 2008
and filed with the Securities and Exchange Commission on November 6, 2008, as of
November 3, 2008, there were 26,395,209 shares of the Company's common stock,
par value $0.001 per share (the "Shares"), issued and outstanding. As of
December 31, 2008 (the "Reporting Date"), Walker Smith Capital, L.P. ("WSC"),
Walker Smith Capital (Q.P.), L.P. ("WSCQP"), Walker Smith International Fund,
Ltd. ("WS International") and HHMI Investments, L.P. ("HHMI," and collectively
with WSC, WSCQP and WS International, the "WS Funds") owned in the aggregate
1,264,677 Shares. WS Capital Management, L.P. ("WSC Management") is the general
partner of WSC and WSCQP, the agent and attorney-in-fact for WS International
and the investment manager for HHMI. WS Capital, L.L.C. ("WS Capital") is the
general partner of WSC Management. Reid S. Walker and G. Stacy Smith are members
of WS Capital. As a result, WSC Management, WS Capital, and Messrs. Reid S.
Walker and G. Stacy Smith possess shared power to vote and direct the
disposition of the Shares held by the WS Funds. In addition, as of the Reporting
Date, WS Opportunity Fund, L.P. ("WSO") and WS Opportunity Fund (Q.P.), L.P.
("WSOQP," and together with WSO, the "WSO Funds") owned in the aggregate 162,195
Shares. WS Ventures Management, L.P. ("WSVM") is the general partner of the WSO
Funds. WSV Management, L.L.C. ("WSV") is the general partner of WSVM. Reid S.
Walker, G. Stacy Smith, and Patrick P. Walker are members of WSV. As a result,
WSVM, WSV, and Messrs. Reid S. Walker, Patrick P. Walker, and G. Stacy Smith
possess shared power to vote and direct the disposition of the Shares held by
the WSO Funds. Thus, as of the Reporting Date, for the purposes of Reg. Section
240.13d-3, (i) Messrs. Reid S. Walker and G. Stacy Smith are deemed to
beneficially own 1,426,872 Shares, or approximately 5.4% of the Shares deemed
issued and outstanding as of the Reporting Date, (ii) WS Capital and WSC
Management are deemed to beneficially own 1,264,677 Shares, or approximately
4.8% of the Shares deemed issued and outstanding as of the Reporting Date, and
(iii) WSVM, WSV and Mr. Patrick P. Walker are deemed to beneficially own 162,195
Shares, or approximately 0.6% of the Shares deemed issued and outstanding as of
the Reporting Date. Each of the reporting persons hereby expressly disclaims
membership in a "group" under Section 13(d) of the Securities Exchange Act of
1934, as amended, and the rules and regulations thereunder with respect to the
Shares reported herein, and this Schedule 13G Amendment No. 1 shall not be
deemed to be an admission that any such reporting person is a member of such a
group.
Item 1(a). Name of Issuer: ALTRA HOLDINGS, INC.
Item 1(b). Address of Issuer's Principal Executive Offices:
14 Hayward Street
Quincy, Massachusetts 02171
Item 2(a). Name of Person Filing:
WS Capital, L.L.C.
WS Capital Management, L.P.
WSV Management, L.L.C.
WS Ventures Management, L.P.
Reid S. Walker
G. Stacy Smith
Patrick P. Walker
Item 2(b). Address of Principal Business Office or, if none, Residence:
300 Crescent Court, Suite 1111
Dallas, Texas 75201
Item 2(c). Citizenship:
WS Capital, L.L.C.: Texas
WS Capital Management, L.P.: Texas
WSV Management, L.L.C.: Texas
WS Ventures Management, L.P.: Texas
Reid S. Walker: United States
G. Stacy Smith: United States
Patrick P. Walker: United States
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.001 per share
Item 2(e). CUSIP Number: 02208R106
Item 3. Not Applicable.
Item 4. Ownership:
(a) Amount Beneficially Owned:
WS Capital, L.L.C. 1,264,677*
WS Capital Management, L.P. 1,264,677*
WSV Management, L.L.C. 162,195*
WS Ventures Management, L.P. 162,195*
Reid S. Walker 1,426,872*
G. Stacy Smith 1,426,872*
Patrick P. Walker 162,195*
(b) Percent of Class:
WS Capital, L.L.C. 4.8%*
WS Capital Management, L.P. 4.8%*
WSV Management, L.L.C. 0.6%*
WS Ventures Management, L.P. 0.6%*
Reid S. Walker 5.4%*
G. Stacy Smith 5.4%*
Patrick P. Walker 0.6%*
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
WS Capital, L.L.C. 0*
WS Capital Management, L.P. 0*
WSV Management, L.L.C. 0*
WS Ventures Management, L.P. 0*
Reid S. Walker 0*
G. Stacy Smith 0*
Patrick P. Walker 0*
(ii) shared power to vote or to direct the vote:
WS Capital, L.L.C. 1,264,677*
WS Capital Management, L.P. 1,264,677*
WSV Management, L.L.C. 162,195*
WS Ventures Management, L.P. 162,195*
Reid S. Walker 1,426,872*
G. Stacy Smith 1,426,872*
Patrick P. Walker 162,195*
(iii) sole power to dispose or to direct the disposition of:
WS Capital, L.L.C. 0*
WS Capital Management, L.P. 0*
WSV Management, L.L.C. 0*
WS Ventures Management, L.P. 0*
Reid S. Walker 0*
G. Stacy Smith 0*
Patrick P. Walker 0*
(iv) shared power to dispose or to direct the disposition of:
WS Capital, L.L.C. 1,264,677*
WS Capital Management, L.P. 1,264,677*
WSV Management, L.L.C. 162,195*
WS Ventures Management, L.P. 162,195*
Reid S. Walker 1,426,872*
G. Stacy Smith 1,426,872*
Patrick P. Walker 162,195*
* See footnote to cover pages.
Item 5. Ownership of Five Percent or Less of a Class:
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Not applicable.
Item 7. Identification and Classification of Subsidiary Which Acquired the
Securities:
Not applicable.
Item 8. Identification and Classification of Members of the Group:
Not applicable.
Item 9. Notice of Dissolution of Group:
Not applicable.
Item 10. Certification:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
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.
February 17, 2009
WS CAPITAL, L.L.C.
By: /s/ Reid S. Walker
---------------------------------------------
Reid S. Walker, Member
WS CAPITAL MANAGEMENT, L.P.
By: WS Capital, L.L.C., its general partner
By: /s/ Reid S. Walker
---------------------------------------------
Reid S. Walker, Member
WSV MANAGEMENT, L.L.C.
By: /s/ Reid S. Walker
---------------------------------------------
Reid S. Walker, Member
WS VENTURES MANAGEMENT, L.P.
By: WSV Management, L.L.C., its general partner
By: /s/ Reid S. Walker
---------------------------------------------
Reid S. Walker, Member
/s/ Reid S. Walker
-----------------------------------------
REID S. WALKER
/s/ G. Stacy Smith
-----------------------------------------
G. STACY SMITH
/s/ Patrick P. Walker
-----------------------------------------
PATRICK P. WALKER
Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001)
EXHIBIT 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act
of 1934, as amended, the persons named below agree to the joint filing on behalf
of each of them a Statement on Schedule 13G (including amendments thereto) with
regard to the common stock of ALTRA HOLDINGS, INC. and further agree that this
Joint Filing Agreement be included as an Exhibit to such joint filings. In
evidence thereof, the undersigned, being duly authorized, hereby execute this
Joint Filing Agreement as of February 17, 2009.
WS CAPITAL, L.L.C.
By: /s/ Reid S. Walker
---------------------------------------------
Reid S. Walker, Member
WS CAPITAL MANAGEMENT, L.P.
By: WS Capital, L.L.C., its general partner
By: /s/ Reid S. Walker
---------------------------------------------
Reid S. Walker, Member
WSV MANAGEMENT, L.L.C.
By: /s/ Reid S. Walker
---------------------------------------------
Reid S. Walker, Member
WS VENTURES MANAGEMENT, L.P.
By: WSV Management, L.L.C., its general partner
By: /s/ Reid S. Walker
---------------------------------------------
Reid S. Walker, Member
/s/ Reid S. Walker
-----------------------------------------
REID S. WALKER
/s/ G. Stacy Smith
-----------------------------------------
G. STACY SMITH
/s/ Patrick P. Walker
-----------------------------------------
PATRICK P. WALKER