Healthsouth Corp (HLS): Billionaire Glenn Russell Dubin’s Highbridge Capital Nearly Doubles Stake

Page 4 of 6 – SEC Filing

	(g)	¨	Parent Holding Company or control person in accordance with Rule 13d-1(b)(1)(ii)(G),
	(h)	¨	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)	¨	A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
	(k)	¨	Group, in accordance with Rule 13d-1(b)(1)(ii)(K).

	If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please
	specify the type of institution:

Item 4.	OWNERSHIP.
	(a) Amount beneficially owned:
	As of the date hereof, Highbridge Capital Management, LLC, as the trading manager of STAR L.P. (a statistical arbitrage strategy),  Highbridge International LLC and Highbridge Tactical Credit & Convertibles Master Fund, L.P. and as the sub-adviser of the JPMorgan Funds – Highbridge US STEEP Fund (collectively, the “Highbridge Funds“), may be deemed to be the beneficial owner of 5,066,918 shares of Common Stock (including 5,043,312 shares of Common Stock issuable upon exercise of warrants) held by the Highbridge Funds.
	(b) Percent of class:
	Except as set forth below, the percentages used herein and in the rest of this Schedule 13G are calculated based upon 89,770,417 shares of Common Stock outstanding as of July 22, 2016, as reported in the Company’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2016 filed with the Securities and Exchange Commission on July 29, 2016 and assumes the exercise of the reported warrants. Therefore, as of the date hereof, Highbridge Capital Management, LLC may be deemed to beneficially own approximately 5.3% of the outstanding shares of Common Stock of the Company.
	The foregoing should not be construed in and of itself as an admission by the Reporting Person as to beneficial ownership of the shares of Common Stock held by the Highbridge Funds.

Item 5.	OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
	Not applicable.