UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
Fording Canadian Coal Trust
(Name of Issuer)
Units
(Title of Class of Securities)
345425102
(CUSIP Number)
Roger Barton
5650 Yonge Street, 5th Floor
Toronto, Ontario M2M 4H5
(416) 730-5321
Jeffrey D. Karpf
Cleary, Gottlieb, Steen & Hamilton
One Liberty Plaza
New York, NY 10006
(212) 225-2000
(Name, Address and Telephone Number of Persons Authorized to
Receive Notices and Communications)
April 5, 2005
(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 ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. |_|
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7(b) for other
parties to whom copies are to be sent.
*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. 345425102 13D/A Page 2 of 16 Pages
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Ontario Teachers' Pension Plan Board
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
3 SEC USE ONLY
4 SOURCE OF FUNDS
Not Applicable
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
7 SOLE VOTING POWER
0
See Item 5.
NUMBER OF SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 10,624,102
EACH REPORTING See Item 5.
PERSON
WITH 9 SOLE DISPOSITIVE POWER
0
See Item 5.
10 SHARED DISPOSITIVE POWER
10,624,102
See Item 5.
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,624,102
See Item 5.
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.7%
See Item 5.
14 TYPE OF REPORTING PERSON
EP
CUSIP No. 345425102 13D/A Page 3 of 16 Pages
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Golden Apple Income Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
3 SEC USE ONLY
4 SOURCE OF FUNDS
Not Applicable
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
7 SOLE VOTING POWER
0
See Item 5.
NUMBER OF SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 10,624,102
EACH REPORTING See Item 5.
PERSON
WITH 9 SOLE DISPOSITIVE POWER
0
See Item 5.
10 SHARED DISPOSITIVE POWER
10,624,102
See Item 5.
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,624,102
See Item 5.
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.7%
See Item 5.
14 TYPE OF REPORTING PERSON
CO
Pursuant to Rule 13d-2(a) of Regulation 13D-G of the General Rules and
Regulations under the Securities Exchange Act of 1934 (the "Act"), Ontario
Teachers' Pension Plan Board ("Teachers") and Golden Apple Income Inc. ("Golden
Apple") hereby make this statement (this "Statement") to amend their Schedule
13D dated March 10, 2003 as amended by Amendment No. 1 dated October 20, 2003,
by Amendment No. 2 dated April 19, 2004, by Amendment No. 3 dated December 16,
2004 and by Amendment No. 4 dated February 18, 2005 (as amended, the "Schedule
13D") relating to the units (the "Units") of Fording Canadian Coal Trust (the
"Trust"). Unless otherwise indicated, all capitalized terms used herein shall
have the same meaning respectively ascribed to them in the Schedule 13D.
Item 2. Identity and Background.
Item 2 is hereby amended and restated in its entirety by the following:
(a) This Statement is being filed by Teachers and Golden Apple.
(b) - (c) Teachers is an Ontario, Canada corporation, the principal business of
which is the administration of a pension plan and management of a pension fund
for Ontario teachers. The principal office and business address of Teachers is
5650 Yonge Street, 5th Floor, Toronto, Ontario M2M 4H5.
Golden Apple is an Ontario, Canada corporation, the principal business of which
is to make investments that are authorized for pension plans under the laws of
the Province of Ontario, Canada. The principal office and business address of
Golden Apple is 5650 Yonge Street, 5th Floor, Toronto, Ontario M2M 4H5. Golden
Apple is a wholly-owned subsidiary of Teachers.
The name, residence or business address, and present principal occupation or
employment of each director, executive officer and controlling person of
Teachers and Golden Apple is set forth on Schedules A and B attached hereto,
respectively, and is incorporated herein by reference.
(d) Neither Teachers or Golden Apple nor, to the best of Teachers' or Golden
Apple's knowledge, any of the entities or persons identified in this Item 2 and
Schedules A and B has, during the last five years, been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors).
(e) Neither Teachers or Golden Apple nor, to the best of Teachers' or Golden
Apple's knowledge, any of the entities or persons identified in this Item 2 and
Schedules A and B has, during the last five years, been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction and as
a result of such proceeding was or is subject to a judgment, decree or final
order enjoining future violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or finding any violation with
respect to such laws.
(f) Each of the directors and the executive officers of Teachers and Golden
Apple listed on Schedules A and B is a citizen of Canada.
Item 5. Interest in Securities of the Issuer.
Item 5(a) - (b) is hereby amended and restated in its entirety by the following:
(a) - (b) As of the date of this Statement, Golden Apple directly beneficially
owns 10,624,102 Units, representing approximately 21.7% of the Units
outstanding. The total number of outstanding Units is 48,988,818, based on
information provided by the Trust. Golden Apple, as a wholly-owned subsidiary of
Teachers, may be deemed to share voting and dispositive power with Teachers with
respect to all of the Units it beneficially owns.
As of the date of this Statement, Teachers may be deemed to indirectly
beneficially own (and to share voting and dispositive power with respect to) all
of the Units beneficially owned by its wholly-owned subsidiary Golden Apple, or
10,624,102 Units, representing approximately 21.7% of the Units outstanding.
As of the date of this Statement, Robert Bertram, Executive Vice President,
Investments of Teachers, as well as President and Director of Golden Apple ("Mr.
Bertram"), beneficially owns 83 Units. Teachers and Golden Apple disclaim
beneficial ownership of any securities of the Trust beneficially owned by Mr.
Bertram. Mr. Bertram disclaims beneficial ownership of any securities of the
Trust beneficially owned by Teachers and Golden Apple.
As of the date of this Statement, Rosemarie McClean, Senior Vice President,
Member Services of Teachers ("Ms. McClean"), beneficially owns 500 Units.
Teachers and Golden Apple disclaim beneficial ownership of any securities of the
Trust beneficially owned by Ms. McClean. Ms. McClean disclaims beneficial
ownership of any securities of the Trust beneficially owned by Teachers and
Golden Apple.
Except as described above, none of Teachers or Golden Apple nor, to the best of
Teachers' and Golden Apple's knowledge, any of the persons listed in Schedules A
and B, beneficially owns any Units.
Item 5(c) is hereby amended and restated in its entirety by the following:
(c) Neither Teachers or Golden Apple nor, to the best of Teachers' or Golden
Apple's knowledge, any of the persons listed in Schedules A and B, effected any
transactions with respect to the Units in the past sixty days other than the
following transactions effected on either the Toronto Stock Exchange (the "TSX")
or the New York Stock Exchange (the "NYSE"):
By Golden Apple
See Schedule C.
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.
DATED: April 5, 2005
ONTARIO TEACHERS' PENSION PLAN
BOARD, an Ontario, Canada corporation
By: /s/ Roger Barton
---------------------------------
Name: Roger Barton
Title: Vice President,
General Counsel & Secretary
GOLDEN APPLE INCOME INC.,
an Ontario, Canada corporation
By: /s/ Roger Barton
---------------------------------
Name: Roger Barton
Title: Director & Secretary
SCHEDULE A
Directors, Executive Officers and Controlling Persons of Teachers.
------------------------------------ ------------------------------------------ --------------------------------------
Name Residence or Business Address Principal Occupation or Employment
------------------------------------ ------------------------------------------ --------------------------------------
Robin Korthals Royal Trust Tower Chair, Teachers
(Chairperson) Toronto Dominion Centre
77 King Street West, Suite 4545
Toronto, ON M5K 1K2
------------------------------------ ------------------------------------------ --------------------------------------
J. Douglas Grant 257 Rosedale Heights Drive Chairperson, Sceptre Investment
(Director) Toronto, ON M4T 1C7 Counsel Limited
------------------------------------ ------------------------------------------ --------------------------------------
Ralph Lean, Q.C Cassels Brock & Blackwell Corporate & Commercial lawyer
(Director) 40 King Street West,
Suite 2200
Toronto, ON M5H 3C2
------------------------------------ ------------------------------------------ --------------------------------------
Guy Matte 7083 Notre-Dame Former Executive Director of the
(Director) Orleans, ON K1C 1J1 Association des enseignantes et des
enseignants franco-ontariens
------------------------------------ ------------------------------------------ --------------------------------------
Eileen Mercier Finvoy Management Inc. President
(Director) 77 Strathallan Blvd.
Toronto, ON M5N 1S8
------------------------------------ ------------------------------------------ --------------------------------------
Thomas O'Neill 33 Geraldine Court Former Chairperson, PwC Consulting
(Director) Don Mills, ON M3A 1N2
------------------------------------ ------------------------------------------ --------------------------------------
Gary Porter 820-439 University Ave. Self-employed chartered accountant
(Director) Toronto, ON M5G 1Y8
------------------------------------ ------------------------------------------ --------------------------------------
Carol Stephenson University of Western Ontario Dean, Richard Ivey School of Business
(Director) 1151 Richmond St. N.
London, ON N6A 3K7
------------------------------------ ------------------------------------------ --------------------------------------
Roger Barton 5650 Yonge Street, 5th Floor Vice-President, General Counsel &
Toronto, ON M2M 4H5 Secretary of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Robert Bertram 5650 Yonge Street, 5th Floor Executive Vice-President,
Toronto, ON M2M 4H5 Investments of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
John Brennan 5650 Yonge Street, 5th Floor Vice-President, Human Resources &
Toronto, ON M2M 4H5 Public Affairs of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Russ Bruch 5650 Yonge Street, 5th Floor Vice-President, Investment Operations &
Toronto, ON M2M 4H5 Chief Investment Officer of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Bruce Ford 5650 Yonge Street, 5th Floor Vice-President International Equity
Toronto, ON M2M 4H5 Indices & Foreign Exchange of
Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Zev Frishman 5650 Yonge Street, 5th Floor Vice-President, Structured
Toronto, ON M2M 4H5 Portfolios & External Managers of
Teachers
-------------------------- ---------- ------------------------------------------ --------------------------------------
Brian Gibson 5650 Yonge Street, 5th Floor Senior Vice-President, Public
Toronto, ON M2M 4H5 Equities of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Wayne Kozun 5650 Yonge Street, 5th Floor Vice-President, Tactical Asset Allocation
Toronto, ON M2M 4H5 of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Claude Lamoureux 5650 Yonge Street, 5th Floor President and Chief Executive
Toronto, ON M2M 4H5 Officer of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Jim Leech 5650 Yonge Street, 5th Floor Senior Vice-President, Teachers'
Toronto, ON M2M 4H5 Private Capital of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Ron Lepin 5650 Yonge Street, 5th Floor Vice-President Infrastructure of
Toronto, ON M2M 4H5 Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Mark MacDonald 5650 Yonge Street, 5th Floor Vice-President, Teachers' Private
Toronto, ON M2M 4H5 Capital of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Peter Maher 5650 Yonge Street, 5th Floor Vice-President Audit Services of
Toronto, ON M2M 4H5 Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Morgan McCague 5650 Yonge Street, 5th Floor Senior Vice-President Asset Mix &
Toronto, ON M2M 4H5 Risk of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Rosemarie McClean 5650 Yonge Street, 5th Floor Senior Vice-President Member Services of
Toronto, ON M2M 4H5 Teachers
------------------------------------ ------------------------------------------ --------------------------------------
David McGraw 5650 Yonge Street, 5th Floor Vice-President Finance of Teachers
Toronto, ON M2M 4H5
------------------------------------ ------------------------------------------ --------------------------------------
Dean Metcalf 5650 Yonge Street, 5th Floor Vice-President, Teachers' Private
Toronto, ON M2M 4H5 Capital of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Ron Mock 5650 Yonge Street, 5th Floor Vice-President Alternative
Toronto, ON M2M 4H5 Investments of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Phil Nichols 5650 Yonge Street, 5th Floor Vice-President Information Services
Toronto, ON M2M 4H5 of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Neil Petroff 5650 Yonge Street, 5th Floor Senior Vice-President, Tactical Asset
Toronto, ON M2M 4H5 Allocation & Alternative Investments
of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Sean Rogister 5650 Yonge Street, 5th Floor Senior Vice-President Fixed Income
Toronto, ON M2M 4H5 of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Lee Sienna 5650 Yonge Street, 5th Floor Vice-President, Teachers' Private
Toronto, ON M2M 4H5 Capital of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Mark Wiseman 5650 Yonge Street, 5th Floor Vice-President Funds &
Toronto, ON M2M 4H5 Co-Investments of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Rosemary Zigrossi 5650 Yonge Street, 5th Floor Vice-President Venture Capital of
Toronto, ON M2M 4H5 Teachers
------------------------------------ ------------------------------------------ --------------------------------------
Barb Zvan 5650 Yonge Street, 5th Floor Vice-President, Asset Mix & Risk
Toronto, ON M2M 4H5 of Teachers
------------------------------------ ------------------------------------------ --------------------------------------
SCHEDULE B
Directors, Executive Officers and Controlling Persons of Golden Apple.
Residence or Principal Occupation or
Name Business Address Employment
---- ---------------- ----------
Robert Bertram 5650 Yonge Street Executive Vice President,
(Director & President) 5th Floor Investments of Teachers
Toronto, Ontario
M2M 4H5
Roger Barton 5650 Yonge Street Vice President, General
(Director & Secretary) 5th Floor Counsel and Secretary of
Toronto, Ontario Teachers
M2M 4H5
Morgan McCague 5650 Yonge Street Senior Vice President,
(Director & Vice President) 5th Floor Asset Mix and Risk of
Toronto, Ontario Teachers
M2M 4H5
Claude Lamoureux 5650 Yonge Street President and Chief Executive
(Vice President) 5th Floor Officer of Teachers
Toronto, Ontario
M2M 4H5
SCHEDULE C
Transactions with respect to the Units in the past sixty days by Golden Apple.
Price per Transaction
Date of Number of Purchase (P) Unit Currency Effected
Transaction Units or Sale (S) Net of Comm Through
18-Feb-05 14,500 S $ 106.97 CAD TSX
22-Feb-05 6,400 S $ 107.12 CAD TSX
22-Feb-05 5,000 S $ 106.97 CAD TSX
23-Feb-05 10,000 S $ 86.73 USD NYSE
23-Feb-05 800 S $ 107.27 CAD TSX
23-Feb-05 9,200 S $ 107.17 CAD TSX
23-Feb-05 5,000 S $ 107.14 CAD TSX
23-Feb-05 2,900 S $ 107.02 CAD TSX
23-Feb-05 15,100 S $ 106.97 CAD TSX
23-Feb-05 25,000 S $ 106.87 CAD TSX
23-Feb-05 50,000 S $ 106.77 CAD TSX
23-Feb-05 3,800 S $ 106.60 CAD TSX
23-Feb-05 700 S $ 106.54 CAD TSX
23-Feb-05 25,100 S $ 106.47 CAD TSX
24-Feb-05 2,500 S $ 107.22 CAD TSX
24-Feb-05 300 S $ 107.04 CAD TSX
24-Feb-05 1,700 S $ 107.03 CAD TSX
24-Feb-05 7,500 S $ 106.97 CAD TSX
24-Feb-05 2,000 S $ 106.77 CAD TSX
24-Feb-05 500 S $ 106.72 CAD TSX
24-Feb-05 2,000 S $ 106.57 CAD TSX
24-Feb-05 4,000 S $ 106.47 CAD TSX
24-Feb-05 200 S $ 106.37 CAD TSX
24-Feb-05 1,400 S $ 106.27 CAD TSX
24-Feb-05 3,000 S $ 106.17 CAD TSX
24-Feb-05 2,000 S $ 106.07 CAD TSX
24-Feb-05 1,300 S $ 105.97 CAD TSX
4-Apr-05 141,000 S $ 109.97 CAD TSX
4-Apr-05 34,800 S $ 110.81 CAD TSX
4-Apr-05 50,500 S $ 109.97 CAD TSX
4-Apr-05 62,100 S $ 110.00 CAD TSX
4-Apr-05 22,600 S $ 111.69 CAD TSX
4-Apr-05 57,900 S $ 112.32 CAD TSX
5-Apr-05 2,000 S $ 115.11 CAD TSX
5-Apr-05 2,000 S $ 114.97 CAD TSX
5-Apr-05 3,500 S $ 114.77 CAD TSX
5-Apr-05 1,500 S $ 114.75 CAD TSX
5-Apr-05 2,000 S $ 114.70 CAD TSX
5-Apr-05 2,000 S $ 114.67 CAD TSX
5-Apr-05 300 S $ 114.54 CAD TSX
5-Apr-05 4,000 S $ 114.53 CAD TSX
5-Apr-05 2,000 S $ 114.42 CAD TSX
5-Apr-05 800 S $ 114.23 CAD TSX
5-Apr-05 361,000 S $ 114.22 CAD TSX
-----------
951,900
===========