Tuesday, November 02, 2010 2:57:17 PM
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
§ 240.13d-2(a)
(Amendment No. 1) 1
Tronox Incorporated
(Name of Issuer)
Class B Common Stock, $0.01 par value
(Title of Class of Securities)
897051108
(CUSIP Number)
Frank LaGrange Johnson
570 Lexington Avenue, 27th Floor
New York, New York 10022
(212) 993-7057
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 28, 2010
(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box x .
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.
_______________
1 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 disclosures provided in a prior cover page.
The information required on 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. 897051108
1 NAME OF REPORTING PERSON
LAGRANGE CAPITAL PARTNERS, L.P.
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 ITEM 2(d) OR 2(e)
¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER
673,300
8 SHARED VOTING POWER
- 0 -
9 SOLE DISPOSITIVE POWER
673,300
10 SHARED DISPOSITIVE POWER
- 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
673,300
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.9%
14 TYPE OF REPORTING PERSON
PN
2
--------------------------------------------------------------------------------
CUSIP NO. 897051108
1 NAME OF REPORTING PERSON
LAGRANGE CAPITAL MANAGEMENT, L.L.C.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o
(b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS
OO
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
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER
673,300
8 SHARED VOTING POWER
- 0 -
9 SOLE DISPOSITIVE POWER
673,300
10 SHARED DISPOSITIVE POWER
- 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
673,300
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.9%
14 TYPE OF REPORTING PERSON
IA
3
--------------------------------------------------------------------------------
CUSIP NO. 897051108
1 NAME OF REPORTING PERSON
LAGRANGE CAPITAL PARTNERS OFFSHORE FUND, LTD.
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 ITEM 2(d) OR 2(e)
¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CAYMAN ISLANDS
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER
151,235
8 SHARED VOTING POWER
- 0 -
9 SOLE DISPOSITIVE POWER
151,235
10 SHARED DISPOSITIVE POWER
- 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
151,235
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1%
14 TYPE OF REPORTING PERSON
CO
4
--------------------------------------------------------------------------------
CUSIP NO. 897051108
1 NAME OF REPORTING PERSON
LAGRANGE SPECIAL SITUATIONS YIELD MASTER FUND, LTD.
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 ITEM 2(d) OR 2(e)
¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CAYMAN ISLANDS
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER
77,600
8 SHARED VOTING POWER
- 0 -
9 SOLE DISPOSITIVE POWER
77,600
10 SHARED DISPOSITIVE POWER
- 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
77,600
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1%
14 TYPE OF REPORTING PERSON
CO
5
--------------------------------------------------------------------------------
CUSIP NO. 897051108
1 NAME OF REPORTING PERSON
LAGRANGE CAPITAL ADMINISTRATION, L.L.C.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o
(b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS
OO
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
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER
228,835
8 SHARED VOTING POWER
- 0 -
9 SOLE DISPOSITIVE POWER
228,835
10 SHARED DISPOSITIVE POWER
- 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
228,835
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.0%
14 TYPE OF REPORTING PERSON
IA
6
--------------------------------------------------------------------------------
CUSIP NO. 897051108
1 NAME OF REPORTING PERSON
FRANK LAGRANGE JOHNSON
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o
(b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER
902,135
8 SHARED VOTING POWER
- 0 -
9 SOLE DISPOSITIVE POWER
902,135
10 SHARED DISPOSITIVE POWER
- 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
902,135
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.9%
14 TYPE OF REPORTING PERSON
IN
7
--------------------------------------------------------------------------------
CUSIP NO. 897051108
The following constitutes Amendment No. 1 to the Schedule 13D filed by the undersigned (“Amendment No. 1”). This Amendment No. 1 amends the Schedule 13D as specifically set forth herein.
Item 2. Identity and Background.
Items 2(b) and (c) are hereby amended and restated to read as follows:
(b) The address of the principal office of each of Capital Partners, Capital Partners Offshore Fund, Special Situations Master Fund, Capital Management, Capital Administration and Frank LaGrange Johnson is 570 Lexington Avenue, 27 th Floor, New York, New York 10022.
The officers and directors of Capital Partners Offshore Fund and their principal occupations and business addresses are set forth on Schedule B and incorporated by reference in this Item 2. The officers and directors of Special Situations Master Fund and their principal occupations and business addresses are set forth on Schedule C and incorporated by reference in this Item 2.
(c) The principal business of each of Capital Partners, Capital Partners Offshore Fund and Special Situations Master Fund is serving as a private investment fund. The principal business of Capital Management is serving as the general partner of Capital Partners. The principal business of Capital Administration is serving as the investment manager of each of Capital Partners Offshore Fund and Special Situations Master Fund. The principal business of Frank LaGrange Johnson is serving as the managing member of each of Capital Management and Capital Administration.
Item 3. Source and Amount of Funds or Other Consideration .
Items 3 is hereby amended and restated to read as follows:
The Shares purchased by the LaGrange Funds were purchased with working capital in open market purchases, except as otherwise noted herein. The aggregate purchase price of the 902,135 Shares beneficially owned in the aggregate by the LaGrange Funds is approximately $2,592,257, including brokerage commissions.
Item 5. Interest in Securities of the Issuer.
Item 5(a) is hereby amended and restated to read as follows:
(a) The aggregate percentage of Shares reported owned by each person named herein is based upon 22,889,431 Shares outstanding as of October 31, 2008, which is the total number of Shares outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on November 7, 2008.
As of the close of business on October 28, 2010, Capital Partners, Capital Partners Offshore Fund and Special Situations Master Fund beneficially owned 673,300, 151,235 and 77,600 Shares, respectively, constituting approximately 2.9%, less than 1% and less than 1%, respectively, of the Shares outstanding.
Capital Management, as the general partner of Capital Partners, may be deemed to beneficially own the 673,300 Shares beneficially owned by Capital Partners, representing approximately 2.9% of the Shares outstanding. Capital Management disclaims beneficial ownership of the Shares beneficially owned by Capital Partners, except to the extent of its pecuniary interest therein.
Capital Administration, as the investment manager of each of Capital Partners Offshore Fund and Special Situations Master Fund, may be deemed to beneficially own the 228,835 Shares beneficially owned in the aggregate by Capital Partners Offshore Fund and Special Situations Master Fund, representing approximately 1.0% of the Shares outstanding. Capital Administration disclaims beneficial ownership of the Shares beneficially owned in the aggregate by Capital Partners Offshore Fund and Special Situations Master Fund, except to the extent of its pecuniary interest therein.
8
--------------------------------------------------------------------------------
CUSIP NO. 897051108
Frank LaGrange Johnson, as the managing member of each of Capital Management and Capital Administration, may be deemed to beneficially own the 902,135 Shares beneficially owned in the aggregate by Capital Partners, Capital Partners Offshore Fund and Special Situations Master Fund, representing approximately 3.9% of the Shares outstanding. Mr. Johnson disclaims beneficial ownership of the Shares beneficially owned in the aggregate by Capital Partners, Capital Partners Offshore Fund and Special Situations Master Fund, except to the extent of his pecuniary interest therein.
Item 5(c) is hereby amended to add the following:
(c) Schedule A annexed hereto lists all transactions in securities of the Issuer during the past sixty days by the Reporting Persons.
Item 5(e) is hereby amended and restated to read as follows:
(e) As of October 28, 2010, the Reporting Persons ceased to be beneficial owners of more than 5% of the securities of the Issuer.
9
--------------------------------------------------------------------------------
CUSIP NO. 897051108
SIGNATURES
After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this Statement is true, complete and correct.
Dated: October 29, 2010 LaGrange Capital Partners, L.P.
By: LaGrange Capital Management, L.L.C.
its General Partner
By: /s/ Frank LaGrange Johnson
Frank LaGrange Johnson,
its Managing Member
LaGrange Capital Management, L.L.C.
By: /s/ Frank LaGrange Johnson
Frank LaGrange Johnson,
its Managing Member
LaGrange Capital Partners Offshore Fund, Ltd.
By: LaGrange Capital Administration, L.L.C.
its Investment Manager
By: /s/ Frank LaGrange Johnson
Frank LaGrange Johnson,
its Managing Member
LaGrange Special Situations Yield Master Fund, Ltd.
By: LaGrange Capital Administration, L.L.C.
its Investment Manager
By: /s/ Frank LaGrange Johnson
Frank LaGrange Johnson,
its Managing Member
LaGrange Capital Administration, L.L.C.
By: /s/ Frank LaGrange Johnson
Frank LaGrange Johnson,
its Managing Member
/s/ Frank LaGrange Johnson
FRANK LAGRANGE JOHNSON
10
--------------------------------------------------------------------------------
CUSIP NO. 897051108
SCHEDULE A
Transactions in the Shares During the Past 60 Days
Shares of Common Stock
(Sold) Price Per
Share($) Date of
Sale
LAGRANGE CAPITAL PARTNERS, L.P.
(228,000) 0.6400 10/28/2010
LAGRANGE CAPITAL PARTNERS OFFSHORE FUND, LTD.
(48,000) 0.6400 10/28/2010
LAGRANGE SPECIAL SITUATIONS YIELD MASTER FUND, LTD.
(24,000) 0.6400 10/28/2010
--------------------------------------------------------------------------------
CUSIP NO. 897051108
SCHEDULE B
Directors and Officers of LaGrange Capital Partners Offshore Fund, Ltd.
Name and Position Principal Occupation Principal Business Address Citizenship
Frank L. Johnson
Executive and Director Managing member of LaGrange Capital Management, L.L.C. and LaGrange Capital Administration 570 Lexington Avenue, 27 th FL,
New York, New York 10022
USA
Cary T. Marr
Executive and Director Executive Governors Square, Suite 4-201
23 Lime Tree Bay Avenue
West Bay, Grand Cayman
Cayman Islands Canada
Thomas H. Davis
Executive and Director Executive 73 Front Street
Hamilton HM 12
Bermuda Bermuda
--------------------------------------------------------------------------------
CUSIP NO. 897051108
SCHEDULE C
Directors and Officers of LaGrange Special Situations Yield Master Fund, Ltd.
Name and Position Principal Occupation Principal Business Address Citizenship
Frank L. Johnson
Executive and Director Managing member of LaGrange Capital Management, L.L.C. and LaGrange Capital Administration 570 Lexington Avenue, 27 th FL,
New York, New York 10022
USA
Cary T. Marr
Executive and Director Executive Governors Square, Suite 4-201
23 Lime Tree Bay Avenue
West Bay, Grand Cayman
Cayman Islands Canada
Thomas H. Davis
Executive and Director Executive 73 Front Street
Hamilton HM 12
Bermuda Bermuda
Recent TROX News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/31/2024 01:17:59 PM
- Tronox Declares Fourth Quarter 2024 Dividend • PR Newswire (US) • 10/30/2024 08:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/25/2024 01:05:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/25/2024 11:35:17 AM
- Tronox Reports Third Quarter 2024 Financial Results • PR Newswire (US) • 10/24/2024 08:30:00 PM
- Tronox Announces Dates for Third Quarter 2024 Earnings Release & Webcast Conference Call • PR Newswire (US) • 10/02/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/30/2024 09:21:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/16/2024 01:16:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 09:04:59 PM
- Tronox Declares Third Quarter 2024 Dividend • PR Newswire (US) • 08/13/2024 08:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/02/2024 02:51:54 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/02/2024 12:30:17 PM
- Tronox Reports Second Quarter 2024 Financial Results • PR Newswire (US) • 08/01/2024 08:15:00 PM
- Tronox Issues 2023 Sustainability Report • PR Newswire (US) • 07/31/2024 12:30:00 PM
- Tronox Announces Dates for Second Quarter 2024 Earnings Release & Webcast Conference Call • PR Newswire (US) • 07/12/2024 12:00:00 PM
- Tronox Announces Second Significant Renewable Energy Project in South Africa • PR Newswire (US) • 06/06/2024 11:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 09:21:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 09:19:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 09:18:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 09:17:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 09:16:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 09:14:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:00:21 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 09:00:34 PM
- Tronox Announces Appointment of Lucrèce Foufopoulos-De Ridder to its Board of Directors • PR Newswire (US) • 05/08/2024 08:30:00 PM
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM
DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • DBGI • Nov 7, 2024 2:16 PM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • SMX • Nov 7, 2024 8:48 AM
Rainmaker Worldwide Inc. (OTC: RAKR) Announces Successful Implementation of 1.6 Million Liter Per Day Wastewater Treatment Project in Iraq • RAKR • Nov 7, 2024 8:30 AM
SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • SBC • Nov 7, 2024 7:00 AM
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM