SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 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)
ROSS STORES, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
77829610
(CUSIP Number)
Ricky C. Sandler
Eminence Capital LLC, 65 East 55th Street, 25th Floor,
New York, NY 10022 (212) 418-2100
(Name, address and telephone number of person
authorized to receive notices and communications)
October 3, 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 which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7 for other
parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 21 Pages)
----------------
*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 purposes 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. 77829610 13D Page 2 of 21 Pages
-----------------------------------------------------------------------------
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
Eminence Partners, LP
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) SOURCE OF FUNDS **
WC
-----------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
-----------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-----------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
1,832,750
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
1,832,750
-----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,832,750
-----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
1.3%
-----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON **
PN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 77829610 13D Page 3 of 21 Pages
-----------------------------------------------------------------------------
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
Eminence Partners II, LP
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) SOURCE OF FUNDS **
WC
-----------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
-----------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-----------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
116,560
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
116,560
-----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
116,560
-----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
0.1%
-----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON **
PN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 77829610 13D Page 4 of 21 Pages
-----------------------------------------------------------------------------
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
Eminence Long Alpha, LP
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) SOURCE OF FUNDS **
WC
-----------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
-----------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-----------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
207,020
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
207,020
-----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
207,020
-----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
0.1%
-----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON **
PN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 77829610 13D Page 5 of 21 Pages
-----------------------------------------------------------------------------
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
Eminence Leveraged Long Alpha, LP
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) SOURCE OF FUNDS **
WC
-----------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
-----------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-----------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
96,270
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
96,270
-----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
96,270
-----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
0.1%
-----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON **
PN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 77829610 13D Page 6 of 21 Pages
-----------------------------------------------------------------------------
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
Eminence GP, LLC
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) SOURCE OF FUNDS **
WC
-----------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
-----------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-----------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
2,252,600
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
2,252,600
-----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,252,600
-----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
1.5%
-----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON **
OO
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 77829610 13D Page 7 of 21 Pages
-----------------------------------------------------------------------------
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
Eminence Capital, LLC
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) SOURCE OF FUNDS **
OO
-----------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
-----------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-----------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
7,334,800
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
7,334,800
-----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
7,334,800
-----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
5.0%
-----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON **
IA
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 77829610 13D Page 8 of 21 Pages
-----------------------------------------------------------------------------
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
Ricky C. Sandler
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) SOURCE OF FUNDS **
OO
-----------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
-----------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
2,300
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
7,334,800
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
2,300
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
7,334,800
-----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
7,337,100
-----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
5.0%
-----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON **
IN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 77829610 13D Page 9 of 21 Pages
Item 1. Security and Issuer.
This statement relates to the common stock, par value $0.01 (the "Common
Stock") of Ross Stores, Inc. (the "Company"). The Company's principal executive
offices are located at 4440 Rosewood Drive, Pleasanton, California 94588-3050.
Item 2. Identity and Background.
(a) This statement is filed by:
(i) Eminence Partners, LP, a New York limited partnership ("Eminence
I"), with respect to the shares of Common Stock directly owned by
it;
(ii) Eminence Partners II, LP, a New York limited partnership
("Eminence II") with respect to the shares of Common Stock
directly owned by it;
(iii) Eminence Long Alpha, LP, a Delaware limited partnership ("ELA"),
with respect to the shares of Common Stock directly owned by it;
(iv) Eminence Leveraged Long Alpha, LP, a Delaware limited partnership
("ELLA" and together with Eminence I, Eminence II, and ELA, the
"Partnerships"), with respect to the shares of Common Stock
directly owned by it;
(v) Eminence GP, LLC, a New York limited liability company ("Eminence
GP"), with respect to the shares of Common Stock directly owned
by the Partnerships and Eminence Long Alpha Master Fund, Ltd. and
Eminence Leveraged Long Alpha Master Fund, Ltd., each Cayman
Islands Companies to which Eminence GP serves as manager (the
"Offshore Master Funds");
(vi) Eminence Capital, LLC, a New York limited liability company (the
"Investment Manager"), which serves as the investment manager to
the Partnerships and investment manager to Eminence Fund, Ltd., a
Cayman Islands company ("Eminence Offshore", and together with
the Offshore Master Funds, the "Offshore Funds"), with respect to
the shares of Common Stock directly owned by the Partnerships and
the Offshore Funds; and
(vii) Ricky C. Sandler, with respect to the shares of Common Stock
directly owned by the Partnerships, the Offshore Funds and
certain other family accounts (the "Family Accounts") over which
Mr. Sandler has investment discretion.
The foregoing persons are hereinafter sometimes collectively
referred to as the "Reporting Persons." Any disclosures herein with respect to
persons other than the Reporting Persons are made on information and belief
after making inquiry to the appropriate party.
(b) The address of the principal business and principal office of the
CUSIP No. 77829610 13D Page 10 of 21 Pages
Partnerships, Eminence GP and the Investment Manager is 65 East
55th Street, 25th Floor, New York, NY 10022. The business address of
Mr. Sandler is 65 East 55th Street, 25th Floor, New York, NY 10022.
(c) The principal business of the Partnerships is serving as private
investment limited partnerships. The principal business of Eminence GP
is serving as a general partner to the Partnerships and manager to the
Offshore Master Funds. The principal business of the Investment
Manager is that of an investment manager engaging in the purchase and
sale of securities on behalf of clients. Mr. Sandler serves as the
Managing Member of Eminence GP and the Investment Manager.
(d) None of the Reporting Persons has, during the last five years, been
convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors).
(e) None of the Reporting Persons 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) The Partnerships are limited partnerships organized under the laws of
the States of New York and Delaware. Each of Eminence GP and the
Investment Manager is a limited liability company organized under the
laws of the State of New York. Mr. Sandler is a United States citizen.
Item 3. Source and Amount of Funds and Other Consideration.
The net investment cost (including commissions, if any) of the shares of
Common Stock directly owned by the Partnerships, the Offshore Funds and certain
other accounts is approximately $178,000,000. Mr. Sandler, Eminence GP and the
Investment Manager do not directly own any shares of Common Stock.
Item 4. Purpose of the Transaction.
The purpose of the acquisition of the shares of Common Stock by the
Reporting Persons is for investment, and the purchases of the shares of Common
Stock by the Reporting Persons were made in the ordinary course of business and
were not made for the purpose of acquiring control of the Company. Although the
acquisition of the shares of Common Stock by the Reporting Persons is for
investment purposes, the Reporting Persons may pursue discussions with
management in an effort to maximize long-term value for shareholders. Each of
the Reporting Persons may make further purchases of shares of Common Stock from
time to time and may dispose of any or all of the shares of Common Stock held by
him or it at any time. None of the Reporting Persons has any plans or proposals
which relate to, or could result in, any of the matters referred to in
paragraphs (b) through (j), inclusive, of Item 4 of the Schedule 13D. Each of
the Reporting Persons may, at any time and from time to time, review or
reconsider his or its position and
CUSIP No. 77829610 13D Page 11 of 21 Pages
formulate plans or proposals with respect thereto, but has no present intention
of doing so.
Item 5. Interest in Securities of the Issuer.
A. Eminence Partners, LP
(a) Aggregate number of shares beneficially owned: 1,832,750
Percentage: 1.3% The percentages used herein and in the
rest of Item 5 are calculated based upon the 146,106,238 shares of Common Stock
issued and outstanding as of August 18, 2005 as reflected in the Company's Form
10-Q for the quarterly period ended July 30, 2005.
(b) 1. Sole power to vote or direct vote: -0-
2. Shared power to vote or direct vote: 1,832,750
3. Sole power to dispose or direct the disposition: -0-
4. Shared power to dispose or direct the disposition: 1,832,750
(c) The trading dates, number of shares of Common Stock purchased
or sold and the price per share for all transactions by Eminence I in the Common
Stock within the last sixty days, which were all in the open market, are set
forth in Schedule A and are incorporated by reference.
(d) Eminence GP, the General Partner of Eminence I, has the power to
direct the affairs of Eminence I, including decisions respecting the receipt of
dividends from, and the disposition of the proceeds from the sale of, the shares
of Common Stock. Mr. Sandler is the Managing Member of Eminence GP and in that
capacity directs its operations.
(e) Not applicable.
B. Eminence Partners II, LP
(a) Aggregate number of shares beneficially owned: 116,560
Percentage: 0.1%
(b) 1. Sole power to vote or direct vote: -0-
2. Shared power to vote or direct vote: 116,560
3. Sole power to dispose or direct the disposition: -0-
4. Shared power to dispose or direct the disposition: 116,560
(c) The trading dates, number of shares of Common Stock purchased
or sold and the price per share for all transactions by Eminence II in the
Common Stock within the last sixty days, which were all in the open market, are
set forth in Schedule B and are incorporated by reference.
(d) Eminence GP, the General Partner of Eminence II, has the power
to direct the affairs of Eminence II, including decisions respecting the receipt
of dividends from, and the disposition of the proceeds from the sale of, the
shares of Common Stock. Mr. Sandler is the Managing Member of Eminence GP, and
in that capacity directs its operations.
(e) Not applicable.
CUSIP No. 77829610 13D Page 12 of 21 Pages
C. Eminence Long Alpha, LP
(a) Aggregate number of shares beneficially owned: 207,020
Percentage: 0.1%
(b) 1. Sole power to vote or direct vote: -0-
2. Shared power to vote or direct vote: 207,020
3. Sole power to dispose or direct the disposition: -0-
4. Shared power to dispose or direct the disposition: 207,020
(c) The trading dates, number of shares of Common Stock purchased
or sold and the price per share for all transactions by ELA in the Common Stock
within the last sixty days, which were all in the open market, are set forth in
Schedule C and are incorporated by reference.
(d) Eminence GP, the General Partner of ELA, has the power to direct
the affairs of ELA, including decisions respecting the receipt of dividends
from, and the disposition of the proceeds from the sale of, the shares of Common
Stock. Mr. Sandler is the Managing Member of Eminence GP, and in that capacity
directs its operations.
(e) Not applicable.
D. Eminence Leveraged Long Alpha, LP
(a) Aggregate number of shares beneficially owned: 96,270
Percentage: 0.1%
(b) 1. Sole power to vote or direct vote: -0-
2. Shared power to vote or direct vote: 96,270
3. Sole power to dispose or direct the disposition: -0-
4. Shared power to dispose or direct the disposition: 96,270
(c) The trading dates, number of shares of Common Stock purchased
or sold and the price per share for all transactions by ELLA in the Common Stock
within the last sixty days, which were all in the open market, are set forth in
Schedule D and are incorporated by reference.
(d) Eminence GP, the General Partner of ELLA, has the power to
direct the affairs of ELLA, including decisions respecting the receipt of
dividends from, and the disposition of the proceeds from the sale of, the shares
of Common Stock. Mr. Sandler is the Managing Member of Eminence GP, and in that
capacity directs its operations.
(e) Not applicable.
E. Eminence GP, LLC
(a) Aggregate number of shares beneficially owned: 2,252,600
Percentage: 1.5%
(b) 1. Sole power to vote or direct vote: -0-
2. Shared power to vote or direct vote: 2,252,600
3. Sole power to dispose or direct the disposition: -0-
4. Shared power to dispose or direct the disposition: 2,252,600
(c) Eminence GP did not enter into any transactions in the Common
Stock of the Company within the last sixty days. The trading dates, number of
shares of Common Stock purchased or sold and the price per share for all
transactions in the Common Stock within the last sixty days on behalf of
Eminence I, Eminence II, ELA, ELLA and the Offshore Master Funds which were all
in the open market, are set forth in Schedules A, B, C, D and E respectively,
and are incorporated by reference.
(d) Not applicable.
(e) Not applicable.
CUSIP No. 77829610 13D Page 13 of 21 Pages
F. Eminence Capital, LLC
(a) Aggregate number of shares beneficially owned: 7,334,800
Percentage: 5.0%
(b) 1. Sole power to vote or direct vote: -0-
2. Shared power to vote or direct vote: 7,334,800
3. Sole power to dispose or direct the disposition: -0-
4. Shared power to dispose or direct the disposition: 7,334,800
(c) The Investment Manager did not enter into any transactions in
the Common Stock of the Company within the last sixty days. The trading dates,
number of shares of Common Stock purchased or sold and the price per share for
all transactions in the Common Stock within the last sixty days on behalf of
Eminence I, Eminence II, ELA, ELLA and the Offshore Funds, which were all in the
open market, are set forth in Schedules A, B, C, D, E, and F, respectively, and
are incorporated by reference.
(d) Each of the clients of the Investment Manager has the power to
direct the receipt of dividends from or the proceeds of the sale of such shares.
(e) Not applicable.
G. Ricky C. Sandler
(a) Aggregate number of shares beneficially owned: 7,337,100
Percentage: 5.0%
(b) 1. Sole power to vote or direct vote: 2,300
2. Shared power to vote or direct vote: 7,334,800
3. Sole power to dispose or direct the disposition: 2,300
4. Shared power to dispose or direct the disposition: 7,334,800
(c) Mr. Sandler did not enter into any transactions in the Common
Stock of the Company for his own behalf within the last sixty days. The trading
dates, number of shares of Common Stock purchased or sold and the price per
share for all transactions in the Common Stock within the last sixty days on
behalf of Eminence I, Eminence II, ELA, ELLA, the Offshore Funds and the Family
Accounts which were all in the open market, are set forth in Schedules A, B, C,
D, E, F and G, respectively, and are incorporated by reference.
(d) Not applicable.
(e) Not applicable.
CUSIP No. 77829610 13D Page 14 of 21 Pages
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
DATED: October 7, 2005
/s/ Ricky C. Sandler
---------------------
Ricky C. Sandler, individually, and as
Managing Member of
Eminence Capital, LLC,
and as
Managing Member of
Eminence GP, LLC, for itself and as
General Partner of
Eminence Partners, LP,
Eminence Partners II, LP,
Eminence Long Alpha, LP and
Eminence Leveraged Long Alpha, LP
CUSIP No. 77829610 13D Page 15 of 21 Pages
Schedule A
Eminence Partners, LP
Price Per Share
Date of Number of Shares (including commissions,
Transaction Purchased/(Sold) if any)
08/17/05 351,870 $25.90
08/18/05 74,560 $25.11
08/25/05 159,600 $24.90
08/26/05 301,490 $24.97
09/01/05 248,470 $24.51
09/02/05 11,310 $24.30
09/16/05 33,180 $24.33
09/19/05 248,210 $23.99
09/21/05 76,370 $22.96
09/22/05 69,740 $23.13
09/28/05 142,120 $22.80
09/29/05 90,920 $22.66
10/03/05 (21,000) $23.69
CUSIP No. 77829610 13D Page 16 of 21 Pages
Schedule B
Eminence Partners II, LP
Price Per Share
Date of Number of Shares (including commissions,
Transaction Purchased/(Sold) if any)
08/17/05 22,800 $25.90
08/18/05 4,830 $25.11
08/25/05 10,340 $24.90
08/26/05 19,530 $24.97
09/01/05 16,110 $24.51
09/02/05 730 $24.30
09/16/05 2,140 $24.33
09/19/05 16,090 $23.99
09/21/05 4,940 $22.96
09/22/05 4,520 $23.13
09/28/05 9,200 $22.80
09/29/05 5,880 $22.66
10/03/05 (3,540) $23.69
CUSIP No. 77829610 13D Page 17 of 21 Pages
Schedule C
Eminence Long Alpha, LP
Price Per Share
Date of Number of Shares (including commissions,
Transaction Purchased/(Sold) if any)
08/15/05 (1,100) $26.35
08/17/05 30,140 $25.90
08/18/05 6,490 $25.11
08/25/05 13,320 $24.90
08/26/05 25,820 $24.97
09/01/05 26,360 $24.59
09/02/05 980 $24.30
09/15/05 1,900 $24.44
09/16/05 2,870 $24.33
09/19/05 21,590 $23.99
09/21/05 5,830 $22.96
09/22/05 5,080 $23.13
09/28/05 13,720 $22.80
09/29/05 7,870 $22.66
10/03/05 46,800 $24.26
10/03/05 (9,960) $23.69
CUSIP No. 77829610 13D Page 18 of 21 Pages
Schedule D
Eminence Leveraged Long Alpha, LP
Price Per Share
Date of Number of Shares (including commissions,
Transaction Purchased/(Sold) if any)
08/15/05 (100) $26.35
08/17/05 16,930 $25.90
08/18/05 3,890 $25.12
08/25/05 6,970 $24.90
08/26/05 14,530 $24.97
09/01/05 (1,100) $24.81
09/01/05 12,000 $24.51
09/02/05 540 $24.30
09/15/05 2,500 $24.44
09/16/05 1,370 $24.33
09/19/05 12,260 $23.99
09/21/05 2,360 $22.96
09/22/05 2,010 $23.13
09/28/05 8,400 $22.80
09/29/05 4,180 $22.66
10/03/05 24,000 $24.26
10/03/05 (16,740) $23.69
CUSIP No. 77829610 13D Page 19 of 21 Pages
Schedule E
Client: Eminence Long Alpha Master, Ltd.
Price Per Share
Date of Number of Shares (including commissions,
Transaction Purchased/(Sold) if any)
08/15/05 (500) $26.35
08/17/05 13,430 $25.90
08/18/05 2,910 $25.11
08/25/05 5,950 $24.90
08/26/05 11,530 $24.97
09/01/05 23,350 $24.73
09/02/05 480 $24.30
09/15/05 900 $24.44
09/16/05 1,460 $24.33
09/19/05 10,730 $23.99
09/21/05 2,930 $22.96
09/22/05 2,500 $23.13
09/28/05 6,890 $22.80
09/29/05 3,910 $22.66
10/03/05 43,000 $24.05
Client: Eminence Leveraged Long Alpha Master, Ltd
Price Per Share
Date of Number of Shares (including commissions,
Transaction Purchased/(Sold) if any)
08/15/05 (200) $26.35
08/17/05 18,740 $25.90
08/18/05 4,260 $25.12
08/25/05 7,700 $24.90
08/26/05 16,030 $24.97
09/01/05 15,430 $24.56
09/02/05 620 $24.30
09/15/05 2,900 $24.44
09/16/05 1,510 $24.33
09/19/05 13,850 $23.99
09/21/05 2,670 $22.96
09/22/05 2,280 $23.13
09/28/05 9,460 $22.80
09/29/05 4,760 $22.66
10/03/05 42,700 $24.12
CUSIP No. 77829610 13D Page 20 of 21 Pages
Schedule F
Client: Eminence Offshore
Price Per Share
Date of Number of Shares (including commissions,
Transaction Purchased/(Sold) if any)
08/17/05 321,890 $25.90
08/18/05 68,060 $25.11
08/25/05 146,120 $24.90
08/26/05 276,070 $24.97
09/01/05 227,280 $24.51
09/02/05 10,340 $24.30
09/16/05 30,370 $24.33
09/19/05 227,270 $23.99
09/21/05 69,900 $22.96
09/22/05 63,870 $23.13
09/28/05 130,210 $22.80
09/29/05 82,480 $22.66
10/03/05 24,540 $23.71
CUSIP No. 77829610 13D Page 21 of 21 Pages
Schedule G
Ricky C. Sandler (Family Accounts)
Price Per Share
Date of Number of Shares (including commissions,
Transaction Purchased/(Sold) if any)
09/8/05 300 $24.88
09/22/05 300 $23.93