SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(Amendment No. 9)
CAPSTEAD MORTGAGE CORPORATION
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(Name of Issuer)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
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(Title of Class of Securities)
14067E 40 7
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(CUSIP Number)
Randal A. Nardone
Chief Operating Officer and Secretary
Fortress Registered Investment Trust
sole member of Fortress CAP LLC
1251 Avenue of the Americas
New York, New York 10020
(212) 798-6100
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
Copy to:
J. Gregory Milmoe
Skadden, Arps, Slate, Meagher & Flom LLP
Four Times Square
New York, New York 10036-6522
(212) 735-3000
March 21, 2003
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(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d(f) or 13d-1(g), check the
following box |_|.
(Page 1 of 13 Pages)
CUSIP No. 14067E 40 7 13D Page 2 of 13 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Fortress CAP LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
Not applicable (b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
Not applicable
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e)
|_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER - 0 -
----------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER - 3,013,159 -
BENEFICIALLY OWNED ----------------------------------------------------
BY EACH
REPORTING PERSON 9 SOLE DISPOSITIVE POWER - 0 -
WITH ----------------------------------------------------
10 SHARED DISPOSITIVE POWER - 3,013,159 -
----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 3,013,159 -
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.6% (based on 13,965,489 shares of Common Stock outstanding as of
February 20, 2003)
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14 TYPE OF REPORTING PERSON
CO
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CUSIP No. 14067E 40 7 13D Page 3 of 13 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Fortress Registered Investment Trust
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
Not applicable (b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e)
|_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER - 0 -
----------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER - 3,013,159 -
BENEFICIALLY OWNED ----------------------------------------------------
BY EACH
REPORTING PERSON 9 SOLE DISPOSITIVE POWER - 0 -
WITH ----------------------------------------------------
10 SHARED DISPOSITIVE POWER - 3,013,159 -
----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 3,013,159 -
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.6% (based on 13,965,489 shares of Common Stock outstanding as of
February 20, 2003)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
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CUSIP No. 14067E 40 7 13D Page 4 of 13 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Fortress Investment Fund LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
Not applicable (b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
Not Applicable
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e)
|_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER - 0 -
----------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER - 3,013,159 -
BENEFICIALLY OWNED ----------------------------------------------------
BY EACH
REPORTING PERSON 9 SOLE DISPOSITIVE POWER - 0 -
WITH ----------------------------------------------------
10 SHARED DISPOSITIVE POWER - 3,013,159 -
----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 3,013,159 -
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.6% (based on 13,965,489 shares of Common Stock outstanding as of
February 20, 2003)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
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CUSIP No. 14067E 40 7 13D Page 5 of 13 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Fortress Investment Group LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
Not applicable (b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
Not Applicable
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e)
|_|
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
7 SOLE VOTING POWER - 0 -
----------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER - 3,013,159 -
BENEFICIALLY OWNED ----------------------------------------------------
BY EACH
REPORTING PERSON 9 SOLE DISPOSITIVE POWER - 0 -
WITH ----------------------------------------------------
10 SHARED DISPOSITIVE POWER - 3,013,159 -
----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 3,013,159 -
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.6% (based on 13,965,489 shares of Common Stock outstanding as of
February 20, 2003)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
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CUSIP No. 14067E 40 7 13D Page 6 of 13 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Fortress Principal Investment Holdings LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
Not applicable (b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
Not Applicable
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e)
|_|
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
7 SOLE VOTING POWER - 0 -
----------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER - 3,013,159 -
BENEFICIALLY OWNED ----------------------------------------------------
BY EACH
REPORTING PERSON 9 SOLE DISPOSITIVE POWER - 0 -
WITH ----------------------------------------------------
10 SHARED DISPOSITIVE POWER - 3,013,159 -
----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 3,013,159 -
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.6% (based on 13,965,489 shares of Common Stock outstanding as of
February 20, 2003)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
This Amendment No. 9 (this "Amendment") to the Statement on Schedule
13D dated January 21, 2000, as amended by Amendment No. 1 thereto dated
February 22, 2000, Amendment No. 2 thereto dated July 12, 2000, Amendment No.
3 thereto dated September 8, 2000, Amendment No. 4 thereto dated October 31,
2000, Amendment No. 5 thereto dated December 28, 2000, Amendment No. 6 thereto
dated November 29, 2001, Amendment No. 7 thereto dated February 28, 2003 and
Amendment No. 8 thereto dated March 19, 2003 (as so amended, the "Schedule
13D") filed by Fortress CAP LLC, a Delaware limited liability company
("Fortress CAP"), Fortress Registered Investment Trust, a Delaware business
trust ("Fortress Trust"), Fortress Investment Fund LLC, a Delaware limited
liability company ("Fortress Fund"), Fortress Investment Group LLC, a Delaware
limited liability company ("Fortress Group"), and Fortress Principal
Investment Holdings LLC, a Delaware limited liability company ("FPIH"),
relates to the common stock, par value $0.01 per share (the "Common Stock"),
of Capstead Mortgage Corporation, a Maryland corporation ("Capstead"). This
Amendment is filed jointly by Fortress CAP, Fortress Trust, Fortress Fund,
Fortress Group and FPIH (collectively, the "Reporting Persons"). All
capitalized terms used but not defined herein have the meanings ascribed to
them in the Schedule 13D.
Item 5.
Item 5 of the Schedule 13D is hereby amended and supplemented to add
the following:
On March 20, 2003, Fortress CAP sold 38,300 shares of Common
Stock at $12.7454 per share, yielding aggregate net proceeds of
$488,148.82. On March 21, 2003, Fortress CAP sold 156,800 shares of
Common Stock at $12.6402 per share, yielding aggregate net proceeds
of $1,981,983.36. Both of these sales were privately negotiated block
transactions. After such sales, Fortress CAP was the direct
beneficial owner of 3,013,159 shares of Common Stock, which
represents approximately 21.6% of the outstanding Common Stock.
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.
March 24, 2003
FORTRESS CAP LLC
By: /s/ Randal A. Nardone
---------------------------------
Randal A. Nardone, as
Chief Operating Officer and Secretary of
Fortress Registered Investment Trust,
sole member of Fortress CAP LLC
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.
March 24, 2003
FORTRESS REGISTERED
INVESTMENT TRUST
By: /s/ Randal A. Nardone
-----------------------------------
Randal A. Nardone, as
Chief Operating Officer and Secretary of
Fortress Registered Investment Trust
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.
March 24, 2003
FORTRESS INVESTMENT FUND LLC
By: /s/ Randal A. Nardone
-------------------------------------
Randal A. Nardone, as
Chief Operating Officer and Secretary of
Fortress Fund MM LLC,
managing member of
Fortress Investment Fund LLC
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.
March 24, 2003
FORTRESS INVESTMENT GROUP LLC
By: /s/ Randal A. Nardone
---------------------------------
Randal A. Nardone, as
Chief Operating Officer and Secretary of
Fortress Investment Group LLC
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.
March 24, 2003
FORTRESS PRINCIPAL
INVESTMENT HOLDINGS LLC
By: /s/ Randal A. Nardone
-------------------------------
Randal A. Nardone, as
Secretary