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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
SEACOR HOLDINGS INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
811904101
(CUSIP Number)
APRIL 4, 2007
(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[X] 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
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).
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CUSIP No. 811904101 SCHEDULE 13G Page 2 of 8
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1 Name of Reporting Person:
KENSICO CAPITAL MANAGEMENT CORPORATION
I.R.S. Identification Nos. of Above Persons (entities only)
13-4079277
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2 Check the Appropriate Box if a Member of a Group:
(a) [_]
(b) [_]
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3 SEC Use Only
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4 Citizenship or Place of Organization:
Delaware
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5 Sole Voting Power
Number of
1,277,640
Shares -------------------------------------------
6 Shared Voting Power
Beneficially
-0-
Owned by -------------------------------------------
7 Sole Dispositive Power
Each
1,277,640
Reporting Person -------------------------------------------
8 Shared Dispositive Power
With
-0-
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9 Aggregate Amount Beneficially Owned by Each Reporting Person:
1,277,640
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10 Check Box If the Aggregate Amount in Row (9) Excludes
Certain Shares:
[_]
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11 Percent of Class Represented by Amount in Row (9):
5.21%
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12 Type of Reporting Person:
CO
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CUSIP No. 811904101 SCHEDULE 13G Page 3 of 8
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1 Name of Reporting Person:
MICHAEL LOWENSTEIN
I.R.S. Identification Nos. of Above Persons (entities only)
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2 Check the Appropriate Box if a Member of a Group:
(a) [_]
(b) [_]
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3 SEC Use Only
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4 Citizenship or Place of Organization:
United States of America
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5 Sole Voting Power
Number of
1,277,640
Shares -------------------------------------------
6 Shared Voting Power
Beneficially
-0-
Owned by -------------------------------------------
7 Sole Dispositive Power
Each
1,277,640
Reporting Person -------------------------------------------
8 Shared Dispositive Power
With
-0-
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9 Aggregate Amount Beneficially Owned by Each Reporting Person:
1,277,640
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10 Check Box If the Aggregate Amount in Row (9) Excludes
Certain Shares:
[_]
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11 Percent of Class Represented by Amount in Row (9):
5.21%
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12 Type of Reporting Person:
IN; HC
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CUSIP No. 811904101 SCHEDULE 13G Page 4 of 8
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1 Name of Reporting Person:
THOMAS J. COLEMAN
I.R.S. Identification Nos. of Above Persons (entities only)
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2 Check the Appropriate Box if a Member of a Group:
(a) [_]
(b) [_]
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3 SEC Use Only
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4 Citizenship or Place of Organization:
United States of America
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5 Sole Voting Power
Number of
1,277,640
Shares -------------------------------------------
6 Shared Voting Power
Beneficially
-0-
Owned by -------------------------------------------
7 Sole Dispositive Power
Each
1,277,640
Reporting Person -------------------------------------------
8 Shared Dispositive Power
With
-0-
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9 Aggregate Amount Beneficially Owned by Each Reporting Person:
1,277,640
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10 Check Box If the Aggregate Amount in Row (9) Excludes
Certain Shares:
[_]
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11 Percent of Class Represented by Amount in Row (9):
5.21%
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12 Type of Reporting Person:
IN; HC
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CUSIP No. 811904101 SCHEDULE 13G Page 5 of 8
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Item 1(a). Name of Issuer:
Seacor Holdings Inc. (the "Company")
Item 1(b). Address of Issuer's Principal Executive Offices:
2200 Eller Drive
P.O. Box 13038
Fort Lauderdale, FL 33316, United States
Item 2(a). Name of Persons Filing:
The Statement is filed on behalf of each of the following
persons (collectively, the "Reporting Persons"):
(i) Kensico Capital Management Company ("Kensico Capital
Management");
(ii) Michael Lowenstein ("Mr. Lowenstein"); and
(iii) Thomas J. Coleman ("Mr. Coleman").
This statement relates to shares of Common Stock of the
Company held for the accounts of Kensico Partners, L.P., a
Delaware limited partnership ("Kensico Partners"), Kensico
Associates, L.P., a Delaware limited partnership ("Kensico
Associates"), and Kensico Offshore Fund, Ltd., a limited
liability company organized under the laws of the Cayman
Islands, B.W.I. ("Kensico Offshore" and, together with
Kensico Partners and Kensico Associates, the "Funds").
Kensico Capital Management serves as investment manager to
the Funds and, in such capacity, may be deemed to have voting
and dispositive power over the shares held for the accounts
of the Funds. Kensico Capital LLC, a Delaware limited
liability company ("Kensico Capital"), serves as General
Partner of the Funds, other than Kensico Offshore. Mr.
Lowenstein and Mr. Coleman serve as Co-Presidents of Kensico
Capital Management and are Managing Members of Kensico
Capital.
Item 2(b). Address of Principal Business Office:
For each Reporting Person:
Michael Lowenstein
Kensico Capital Management Corporation
55 Railroad Avenue, 2nd Floor
Greenwich, Connecticut 06830
Item 2(c). Citizenship:
See row 4 of each Reporting Persons' cover page.
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CUSIP No. 811904101 SCHEDULE 13G Page 6 of 8
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Item 2(d). Title of Class of Securities: Common Stock
Item 2(e). CUSIP Number: 811904101
Item 3. Not applicable.
Item 4. Ownership.
For each Reporting Person:
(a) Amount beneficially owned:
As of December 31, 2006, each of Kensico Capital Management,
Mr. Lowenstein and Mr. Coleman may be deemed to be the
beneficial owner of the 1,277,640 shares of Common Stock held
for the accounts of the Funds. Kensico Partners owns
beneficially 310,400 shares of Common Stock, Kensico
Associates owns beneficially 420,840 shares of Common Stock
and Kensico Offshore owns beneficially 546,400 shares of
Common Stock.
(b) Percent of class:
5.21% of the total outstanding shares of Common Stock,
from which Kensico Partners, Kensico Associates and
Kensico Offshore own 1.26%, 1.72% and 2.23%,
respectively. This percentage is based upon 24,531,005
shares of Common Stock issued and outstanding (the
number of shares of Common Stock reported in the
Company's Form 10-K filed March 1, 2007).
(c) Number of shares to which each Reporting Person has:
(i) Sole power to vote or direct the vote: 1,277,640
(ii) Shared power to vote or direct the vote: -0-
(iii) Sole power to dispose or to direct the
disposition of: 1,277,640
(iv) Shared power to dispose of or direct the
disposition of: -0-
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
(i) The partners of Kensico Partners have the right to
participate in the receipt of dividends from, or proceeds
from the sale of, the shares held by Kensico Partners in
accordance with their partnership interests in Kensico
Partners.
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CUSIP No. 811904101 SCHEDULE 13G Page 7 of 8
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(ii) The partners of Kensico Associates have the right to
participate in the receipt of dividends from, or proceeds
from the sale of, the shares held by Kensico Associates in
accordance with the partnership of Kensico Associates.
(iii) The shareholders of Kensico Offshore have the right to
participate in the receipt of dividends from, or proceeds
from the sale of, the shares held by Kensico Offshore in
accordance with their ownership interests of Kensico
Offshore.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported By the Parent Holding
Company.
Not Applicable.
Item 8. Identification and Classification of Members of the Group.
Not Applicable.
Item 9. Notice of Dissolution of a Group.
Not Applicable.
Item 10. Certification.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above 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.
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CUSIP No. 811904101 SCHEDULE 13G Page 8 of 8
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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 20, 2007
KENSICO CAPITAL MANAGEMENT CORPORATION
BY: /s/ Michael Lowenstein
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Signature
Michael Lowenstein, Authorized Signatory
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Name/Title
MICHAEL LOWENSTEIN
/s/ Michael Lowenstein
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Signature
THOMAS J. COLEMAN
/s/ Thomas J. Coleman
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Signature