CUSIP NO. 69357C107 |
SCHEDULE 13D |
Page 2 of 11 | ||||
| ||||||
1. |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
BLUM CAPITAL PARTNERS, L.P. 94-3205364 | ||||
| ||||||
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
(a) x (b) x | ||||
| ||||||
3. |
SEC USE ONLY |
|||||
| ||||||
4. |
SOURCE OF FUNDS* |
See Item 3 | ||||
| ||||||
5. |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |
¨ | ||||
| ||||||
6. |
CITIZENSHIP OR PLACE OF ORGANIZATION |
California | ||||
| ||||||
NUMBER OF |
7. SOLE VOTING POWER |
-0- | ||||
| ||||||
SHARES |
8. SHARED VOTING POWER |
15,636,578** | ||||
| ||||||
BENEFICIALLY |
9. SOLE DISPOSITIVE POWER |
-0- | ||||
| ||||||
OWNED BY EACH |
10. SHARED DISPOSITIVE POWER |
15,636,578** | ||||
PERSON WITH |
||||||
| ||||||
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
15,636,578** | ||||
| ||||||
12. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
¨ | ||||
| ||||||
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
22.4%** | ||||
| ||||||
14. |
TYPE OF REPORTING PERSON |
PN, IA | ||||
|
CUSIP NO. 69357C107 |
SCHEDULE 13D |
Page 3 of 11 | ||||
| ||||||
1. |
NAME OF REPORTING PERSON |
RICHARD C. BLUM & ASSOCIATES, INC. | ||||
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
94-2967812 | |||||
| ||||||
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
(a) x (b) x | ||||
| ||||||
3. |
SEC USE ONLY |
|||||
| ||||||
4. |
SOURCE OF FUNDS* |
See Item 3 | ||||
| ||||||
5. |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |
¨ | ||||
| ||||||
6. |
CITIZENSHIP OR PLACE OF ORGANIZATION |
California | ||||
| ||||||
NUMBER OF |
7. SOLE VOTING POWER |
-0- | ||||
| ||||||
SHARES |
8. SHARED VOTING POWER |
15,636,578** | ||||
| ||||||
BENEFICIALLY |
9. SOLE DISPOSITIVE POWER |
-0- | ||||
| ||||||
OWNED BY EACH |
10. SHARED DISPOSITIVE POWER |
15,636,578** | ||||
PERSON WITH |
||||||
| ||||||
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
15,636,578** | ||||
| ||||||
12. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
¨ | ||||
| ||||||
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
22.4%** | ||||
| ||||||
14. |
TYPE OF REPORTING PERSON |
CO | ||||
| ||||||
** |
See Item 5 |
CUSIP NO. 69357C107 |
SCHEDULE 13D |
Page 4 of 11 | ||||
| ||||||
1. |
NAME OF REPORTING PERSON |
BLUM STRATEGIC GP, L.L.C. | ||||
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
94-3303831 | |||||
| ||||||
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
(a) x (b) x | ||||
| ||||||
3. |
SEC USE ONLY |
|||||
| ||||||
4. |
SOURCE OF FUNDS* |
See Item 3 | ||||
| ||||||
5. |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |
¨ | ||||
| ||||||
6. |
CITIZENSHIP OR PLACE OF ORGANIZATION |
Delaware | ||||
| ||||||
NUMBER OF |
7. SOLE VOTING POWER |
-0- | ||||
| ||||||
SHARES |
8. SHARED VOTING POWER |
15,636,578** | ||||
| ||||||
BENEFICIALLY |
9. SOLE DISPOSITIVE POWER |
-0- | ||||
| ||||||
OWNED BY EACH |
10. SHARED DISPOSITIVE POWER |
15,636,578** | ||||
PERSON WITH |
||||||
| ||||||
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
15,636,578** | ||||
| ||||||
12. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
¨ | ||||
| ||||||
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
22.4%** | ||||
| ||||||
14. |
TYPE OF REPORTING PERSON |
OO (Limited Liability Company) | ||||
|
** |
See Item 5 |
CUSIP NO. 69357C107 |
SCHEDULE 13D |
Page 5 of 11 | ||||
| ||||||
1. |
NAME OF REPORTING PERSON |
BLUM STRATEGIC PARTNERS II, L.P. | ||||
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
94-3395151 | |||||
| ||||||
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
(a) x (b) x | ||||
| ||||||
3. |
SEC USE ONLY |
|||||
| ||||||
4. |
SOURCE OF FUNDS* |
See Item 3 | ||||
| ||||||
5. |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |
¨ | ||||
| ||||||
6. |
CITIZENSHIP OR PLACE OF ORGANIZATION |
Delaware | ||||
| ||||||
NUMBER OF |
7. SOLE VOTING POWER |
-0- | ||||
| ||||||
SHARES |
8. SHARED VOTING POWER |
15,636,578** | ||||
| ||||||
BENEFICIALLY |
9. SOLE DISPOSITIVE POWER |
-0- | ||||
| ||||||
OWNED BY EACH |
10. SHARED DISPOSITIVE POWER |
15,636,578** | ||||
PERSON WITH |
||||||
| ||||||
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
15,636,578** | ||||
| ||||||
12. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
¨ | ||||
| ||||||
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
22.4%** | ||||
| ||||||
14. |
TYPE OF REPORTING PERSON |
PN | ||||
| ||||||
** |
See Item 5 |
CUSIP NO. 69357C107 |
SCHEDULE 13D |
Page 6 of 11 | ||||
| ||||||
1. |
NAME OF REPORTING PERSON |
BLUM STRATEGIC GP II, L.L.C. | ||||
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
94-3395150 | |||||
| ||||||
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
(a) x (b) x | ||||
| ||||||
3. |
SEC USE ONLY |
|||||
| ||||||
4. |
SOURCE OF FUNDS* |
See Item 3 | ||||
| ||||||
5. |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |
¨ | ||||
| ||||||
6. |
CITIZENSHIP OR PLACE OF ORGANIZATION |
Delaware | ||||
| ||||||
NUMBER OF |
7. SOLE VOTING POWER |
-0- | ||||
| ||||||
SHARES |
8. SHARED VOTING POWER |
15,636,578** | ||||
| ||||||
BENEFICIALLY |
9. SOLE DISPOSITIVE POWER |
-0- | ||||
| ||||||
OWNED BY EACH |
10. SHARED DISPOSITIVE POWER |
15,636,578** | ||||
PERSON WITH |
||||||
| ||||||
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
15,636,578** | ||||
| ||||||
12. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
¨ | ||||
| ||||||
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
22.4%** | ||||
| ||||||
14. |
TYPE OF REPORTING PERSON |
OO (Limited Liability Company) | ||||
|
** |
See Item 5 |
CUSIP NO. 69357C107 |
SCHEDULE 13D |
Page 7 of 11 | ||||
| ||||||
1. |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
RICHARD C. BLUM | ||||
| ||||||
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
(a) x (b) x | ||||
| ||||||
3. |
SEC USE ONLY |
|||||
| ||||||
4. |
SOURCE OF FUNDS* |
See Item 3 | ||||
| ||||||
5. |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |
¨ | ||||
| ||||||
6. |
CITIZENSHIP OR PLACE OF ORGANIZATION |
U.S.A. | ||||
| ||||||
NUMBER OF |
7. SOLE VOTING POWER |
-0- | ||||
| ||||||
SHARES |
8. SHARED VOTING POWER |
15,636,578** | ||||
| ||||||
BENEFICIALLY |
9. SOLE DISPOSITIVE POWER |
-0- | ||||
| ||||||
OWNED BY EACH |
10. SHARED DISPOSITIVE POWER |
15,636,578** | ||||
PERSON WITH |
||||||
| ||||||
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
15,636,578** | ||||
| ||||||
12. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
¨ | ||||
| ||||||
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
22.4%** | ||||
| ||||||
14. |
TYPE OF REPORTING PERSON |
IN | ||||
| ||||||
** |
See Item 5 |
Exhibit I |
Joint Filing Undertaking | |
Exhibit II |
Stock Purchase Agreement and Additional Agreements |
RICHARD C. BLUM & ASSOCIATES, INC. |
BLUM CAPITAL PARTNERS, L.P. By: Richard C. Blum & Associates, Inc. its
General Partner | |||||||||
By |
/S/ MURRAY A. INDICK |
By |
/S/ MURRAY A. INDICK | |||||||
Murray A. Indick Partner, General Counsel and Secretary |
Murray A. Indick Partner, General Counsel
and Secretary |
BLUM STRATEGIC GP, L.L.C. |
RICHARD C. BLUM | |||||||||
By |
/S/ MURRAY A. INDICK |
By |
/S/ MURRAY A. INDICK | |||||||
Murray A. Indick, Member |
Murray A. Indick, Attorney-in-Fact |
BLUM STRATEGIC GP II, L.L.C. |
BLUM STRATEGIC PARTNERS II, L.P. By: Blum Strategic GP II, L.L.C., its General
Partner | |||||||||
By |
/S/ MURRAY A. INDICK |
By |
/S/ MURRAY A. INDICK | |||||||
Murray A. Indick, Member |
Murray A. Indick, Member |