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Filing Details

Accession Number:: 0001104659-10-015274
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-03-18 13:00:00
Reporting Period:: 2010-03-16

Filing Date:: 2010-03-18
Accepted Time:: 2010-03-18 19:21:45
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
813781	Exide Technologies	XIDE	Miscellaneous Electrical Machinery, Equipment & Supplies (3690)	230552730

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1482608	Tontine Capital Overseas Master Fund Ii, L.p.	55 Railroad Avenue Greenwich CT 06830		No	No	Yes	No
1482609	Tontine Asset Associates, L.l.c.	55 Railroad Avenue Greenwich CT 06830		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.01 Par Value Per Share	Disposition	2010-03-16	48,219	$5.90	23,656,914	No	4	S	Indirect	See Footnotes
Common Stock, $0.01 Par Value Per Share	Disposition	2010-03-16	10,225	$5.90	23,646,689	No	4	S	Indirect	See Footnotes
Common Stock, $0.01 Par Value Per Share	Disposition	2010-03-16	34,937	$5.90	23,611,752	No	4	S	Indirect	See Footnotes
Common Stock, $0.01 Par Value Per Share	Disposition	2010-03-16	10,790	$5.90	23,600,962	No	4	S	Indirect	See Footnotes
Common Stock, $0.01 Par Value Per Share	Disposition	2010-03-16	5,329	$5.90	23,595,633	No	4	S	Indirect	See Footnotes
Common Stock, $0.01 Par Value Per Share	Disposition	2010-03-17	1,258,183	$5.71	22,337,450	No	4	S	Indirect	See Footnotes
Common Stock, $0.01 Par Value Per Share	Disposition	2010-03-17	266,808	$5.71	22,070,642	No	4	S	Indirect	See Footnotes
Common Stock, $0.01 Par Value Per Share	Disposition	2010-03-17	911,629	$5.71	21,159,013	No	4	S	Indirect	See Footnotes
Common Stock, $0.01 Par Value Per Share	Disposition	2010-03-17	281,552	$5.71	20,877,461	No	4	S	Indirect	See Footnotes
Common Stock, $0.01 Par Value Per Share	Disposition	2010-03-17	139,062	$5.71	20,738,399	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes

Footnotes

This report is filed jointly by Tontine Capital Partners, L.P., a Delaware limited partnership ("TCP"), Tontine Capital Management, L.L.C., a Delaware limited liability company ("TCM"), Tontine Capital Overseas GP, L.L.C., a Delaware limited liability company ("TCO"), Tontine Capital Overseas Master Fund, L.P., a Cayman Islands limited partnership ("TMF"), Tontine Partners, L.P., a Delaware limited partnership ("TP"), Tontine Management, L.L.C., a Delaware limited liability company ("TM"), Tontine 25 Overseas Master Fund, L.P., a Cayman Islands limited partnership ("T25"), Tontine Overseas Associates, L.L.C., a Delaware limited liability company ("TOA"), Tontine Capital Overseas Master Fund II, L.P., a Cayman Islands limited partnership ("TCP 2"), Tontine Asset Associates, L.L.C., a Delaware limited liability company ("TAA") and Jeffrey L. Gendell ("Mr. Gendell").
Mr. Gendell is the managing member of: (a) TCM, the general partner of TCP and T25; (b) TCO, the general partner of TMF; (c) TM, the general partner of TP; (d) TOA, the investment advisor of Tontine Overseas Fund, Ltd., a Cayman Islands exempted company ("TOF"); and (e) TAA, the general partner of TCP 2.
On March 16, 2010, TCP sold 48,219 shares of Common Stock, TMF sold 10,225 shares of Common Stock, TP sold 34,937 shares of Common Stock, TOF sold 10,790 shares of Common Stock and T25 sold 5,329 shares of Common Stock. All sales on March 16, 2010 occurred at a price of $5.90 per share.
On March 17, 2010, TCP sold 1,258,183 shares of Common Stock, TMF sold 266,808 shares of Common Stock, TP sold 911,629 shares of Common Stock, TOF sold 281,552 shares of Common Stock and T25 sold 139,062 shares of Common Stock. For each of TCP, TMF, TP, TOF and T25, all sales on March 17, 2010 occurred at a weighted average price of $5.7063 per share, at prices ranging from $5.70 to $5.87 per share. The filing parties undertake to provide to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares purchased or sold at each separate price within the ranges described in this footnote.
Mr. Gendell, TCM, TCO, TM, TOA and TAA directly own 0 shares of Common Stock, TCP directly owns 8,525,327 shares of Common Stock, TMF directly owns 1,807,905 shares of Common Stock, TP directly owns 6,177,215 shares of Common Stock, TOF directly owns 1,907,746 shares of Common Stock, T25 directly owns 942,277 shares of Common Stock and TCP 2 directly owns 1,263,830 shares of Common Stock.
All of the foregoing securities may be deemed to be beneficially owned by Mr. Gendell. The foregoing securities held by TCP and T25 may be deemed to be beneficially owned by TCM. The foregoing securities held by TMF may be deemed to be beneficially owned by TCO. The foregoing securities held by TP may be deemed to be beneficially owned by TM. The foregoing securities held by TOF may be deemed to be beneficially owned by TOA. All of the foregoing securities held by TCP 2 may be deemed to be beneficially owned by TAA.
Mr. Gendell disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by Mr. Gendell or representing Mr. Gendell's pro rata interest in, and interest in the profits of, TCM, TCP, TCO, TMF, TP, TM, TOA, TOF, T25, TCP 2 and TAA. TCM disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TCM or representing TCM's pro rata interest in, and interest in the profits of, TCP and T25. TCO disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TCO or representing TCO's pro rata interest in, and interest in the profits of, TMF.
TM disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TM or representing TM's pro rata interest in, and interest in the profits of, TP. TOA disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TOA or representing TOA's pro rata interest in, and interest in the profits of, TOF. TAA disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TAA or representing TAA's pro rata interest in, and interest in the profits of, TCP 2.
This Form 4 relates to the same transactions disclosed on the Form 4 filed on the date hereof by TCP, TCM, TMF, TCO, TP, TM, TOA, T25 and Mr. Gendell, all of which are joint filers with TCP 2 and TAA with respect to the Issuer's Common Stock.