SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13D-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13D-1(B), (C) AND (D) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13D-2
(AMENDMENT NO. _____________)*
SILICON GRAPHICS, INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
827056300
---------
(CUSIP Number)
October 17, 2006
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
|X| Rule 13d-1(b)
|_| Rule 13d-1(c)
|_| Rule 13d-1(d)
*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 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. 292973104 13G Page 2 of 9 pages
-------------- --------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON Whippoorwill Associates, Incorporated
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
-------------- --------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
-------------- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
-------------- --------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, USA
-------------- --------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
----------- ------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
907,224 (see Item 4(c))
----------- ------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
907,224 (see Item 4(c))
-------------- --------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
907,224 (see Item 4(c))
-------------- --------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-------------- --------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.2% (see Item 4(b))
-------------- --------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IA; CO
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2
CUSIP No. 292973104 13G Page 3 of 9 pages
-------------- --------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON Shelley F. Greenhaus
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
-------------- --------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
-------------- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
-------------- --------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------- --------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
----------- ------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
907,224 (see Item 4(c))
----------- ------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
907,224 (see Item 4(c))
-------------- --------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
907,224 (see Item 4(c))
-------------- --------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-------------- --------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.2% (see Item 4(b))
-------------- --------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN; HC
-------------- --------------------------------------------------------------------------------------------------------------------
3
CUSIP No. 292973104 13G Page 4 of 9 pages
----------------- -----------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON David A. Strumwasser
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
----------------- -----------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
----------------- -----------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------------- -----------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------- -----------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
----------- ------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
907,224 (see Item 4(c))
----------- ------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
907,224 (see Item 4(c))
----------------- -----------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
907,224 (see Item 4(c))
----------------- -----------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
----------------- -----------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.2% (see Item 4(b))
----------------- -----------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN; HC
----------------- -----------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
4
CUSIP No. 292973104 13G Page 5 of 9 pages
----------------- -----------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON Steven K. Gendal
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
----------------- -----------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
----------------- -----------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------------- -----------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------- -----------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
----------- ------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
907,224 (see Item 4(c))
----------- ------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
907,224 (see Item 4(c))
----------------- -----------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
907,224 (see Item 4(c))
----------------- -----------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
----------------- -----------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.2% (see Item 4(b))
----------------- -----------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN; HC
----------------- -----------------------------------------------------------------------------------------------------------------
5
This statement on Schedule 13G (this "Statement") is being filed by
Whippoorwill Associates, Incorporated ("Whippoorwill") and relates to the shares
of common stock (the "Common Shares") of Silicon Graphics, Inc., a Delaware
corporation (the "Issuer").
ITEM 1(A). NAME OF ISSUER:
Silicon Graphics, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1200 Crittenden Lane
Mountain View, CA 94043-1351
ITEM 2(A). NAME OF PERSON FILING:
Whippoorwill Associates, Incorporated; Shelley F. Greenhaus ("Mr.
Greenhaus"), as Principal and President of Whippoorwill; David A. Strumwasser
("Mr. Strumwasser"), as Principal of Whippoorwill; and Steven K. Gendal ("Mr.
Gendal"), as Principal of Whippoorwill.
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The principal business address of Whippoorwill is 11 Martine Avenue,
White Plains, New York 10606.
The principal business address of Messrs. Greenhaus, Strumwasser and
Gendal is c/o Whippoorwill.
ITEM 2(C). CITIZENSHIP:
Whippoorwill - Delaware
Mr. Greenhaus - United States
Mr. Strumwasser - United States
Mr. Gendal - United States
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(E). CUSIP
827056300
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B) OR
(C), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under Section 15 of the
Exchange Act.
(b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) [ ] Insurance company as defined in Section 3(a)(19) of the
Exchange Act.
(d) [ ] Investment company registered under Section 8 of the
Investment Company Act.
(e) [X] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E); [Whippoorwill]
(f) [ ] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
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(g) [X] A parent holding company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G); [Messrs. Greenhaus,
Strumwasser and Gendal]
(h) [ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
ITEM 4. OWNERSHIP.
ITEM 4(A): AMOUNT BENEFICIALLY OWNED:
As of December 15, 2006, Whippoorwill may be deemed to be the
beneficial owner of 907,224 Common Shares, held for the account of various funds
and third party accounts for which Whippoorwill has discretionary authority and
acts as general partner or investment manager.
As of December 15, 2006, Messrs. Greenhaus, Strumwasser and Gendal may
each be deemed to be the beneficial owner of 907,224 Common Shares, deemed to be
beneficially owned by Whippoorwill as referred to above. Mr. Greenhaus is the
President and a Principal of Whippoorwill. Each of Messrs. Strumwasser and
Gendal is a Principal of Whippoorwill.
ITEM 4(B): PERCENT OF CLASS:
8.2%, based on 11,125,000 Common Shares outstanding as of October 27,
2006, as reported in the Issuer's Quarterly Report on Form 10-Q for the
quarterly period ended September 29, 2006.
ITEM 4(C):
Number of shares as to which Whippoorwill has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 907,224 (See Item
4(a))
(iii) sole power to dispose or to direct the disposition of: 0
(iv) shared power to dispose or to direct the disposition of:
907,224 (See Item 4(a))
Number of shares as to which Mr. Greenhaus has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 907,224 (See Item
4(a))
(iii) sole power to dispose or to direct the disposition of: 0
(iv) shared power to dispose or to direct the disposition of:
907,224 (See Item 4(a))
Number of shares as to which Mr. Strumwasser has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 907,224 (See Item
4(a))
(iii) sole power to dispose or to direct the disposition of: 0
(iv) shared power to dispose or to direct the disposition of:
907,224 (See Item 4(a))
7
Number of shares as to which Mr. Gendal has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 907,224 (See Item
4(a))
(iii) sole power to dispose or to direct the disposition of: 0
(iv) shared power to dispose or to direct the disposition of:
907,224 (See Item 4(a))
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
N/A
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Clients of Whippoorwill have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, the
Common Shares reported as beneficially owned by Whippoorwill. None of the client
accounts or any limited partnerships or funds over which Whippoorwill has
discretionary authority holds more than 5% of the Common Shares.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL
PERSON.
See Item 4(a) regarding Messrs. Greenhaus, Strumwasser and Gendal.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
N/A
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
N/A
ITEM 10. CERTIFICATION.
(a) By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held in the
ordinary course of business and were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
(b) N/A
8
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.
Date: December 18, 2006 WHIPPOORWILL ASSOCIATES, INCORPORATED
By: /s/ SHELLEY F. GREENHAUS
-----------------------------------
Name: Shelley F. Greenhaus
Title: President
Date: December 18, 2006 /s/ SHELLEY F. GREENHAUS
----------------------------------------
Shelley F. Greenhaus
Date: December 18, 2006 /s/ DAVID A. STRUMWASSER
----------------------------------------
David A. Strumwasser
Date: December 18, 2006 /s/ STEVEN K. GENDAL
----------------------------------------
Steven K. Gendal
9