Filed pursuant to Rule 424(b)(3)
Registration No. 333-90996
PROSPECTUS SUPPLEMENT NO. 1
(TO PROSPECTUS DATED JULY 11, 2002)
CBRL GROUP, INC.
-------------------------------------------
LIQUID YIELD OPTION(TM) NOTES DUE 2032 (ZERO COUPON - SENIOR),
RELATED GUARANTEES
AND
SHARES OF COMMON STOCK ISSUABLE UPON CONVERSION OR REDEMPTION OF THE
LIQUID YIELD OPTION(TM) NOTES
-------------------------------------------
This prospectus supplement amends and supplements the prospectus dated
July 11, 2002, relating to our Liquid Yield Option(TM) Notes due 2032 (Zero
Coupon - Senior) (the "LYONs"), the related guarantees of the LYONs and
shares of our common stock issuable upon conversion or redemption of the
LYONs.
This prospectus supplement is incorporated by reference into, and should
be read in conjunction with, the prospectus dated July 11, 2002, including
any amendments or supplements to it. This prospectus supplement is not
complete without, and may not be delivered or utilized except in connection
with, the prospectus, including any amendments or supplements to it. This
prospectus supplement, along with the prospectus dated July 11, 2002,
constitutes the prospectus required to be delivered by Section 5(b) of the
Securities Act of 1933, as amended, with respect to offers and sales of the
LYONs, the related guarantees, and the common stock issuable upon conversion
or redemption of the LYONs.
SEE "RISK FACTORS" BEGINNING ON PAGE 7 OF THE PROSPECTUS DATED JULY 11,
2002 FOR FACTORS YOU SHOULD CONSIDER BEFORE PURCHASING THE LYONS OR OUR
COMMON STOCK.
This prospectus supplement is amended to replace the first paragraph and
the table under the heading "Selling Securityholders" beginning on page 17 of
the prospectus dated July 11, 2002 with the information in the following
paragraph and table. We may further amend or supplement this table from time
to time if necessary.
The following table provides, as of July 18, 2002, the name of each
selling securityholder, the principal amount at maturity of LYONs held by
such selling securityholder, the number of shares of common stock owned by
such securityholder prior to its purchase of LYONs and the common stock
issuable upon conversion of the LYONs (based upon the initial conversion
price). This information has been obtained from the selling securityholders
on or prior to the date of this prospectus supplement. However, the selling
securityholders may have sold, transferred or otherwise disposed of all or a
portion of their LYONs since the date on which they provided the information
regarding their LYONs.
- -----------------------------------------------
(TM) Trademark of Merrill Lynch & Co., Inc.
PRINCIPAL
AMOUNT AT COMMON
MATURITY OF COMMON STOCK
LYONS PERCENT OF STOCK ISSUABLE OWNED
BENEFICIALLY TOTAL UPON PRIOR TO
OWNED AND OUTSTANDING CONVERSION CONVERSION
SELLING SECURITYHOLDER OFFERED LYONS OF LYONS OF LYONS*
- ---------------------- ------------ ----------- -------------- ----------
Akela Capital Master Fund, Ltd. $ 3,000,000 0.71% 32,575 --
Alpha U.S. Sub Fund VIII, LLC $ 1,000,000 0.24% 10,858 --
American Fidelity Assurance Company $ 850,000 0.20% 9,229 --
Amerisure Mutual Insurance Company $ 900,000 0.21% 9,772 --
Argent Classic Convertible Arbitrage
Fund (Bermuda) Ltd. $ 3,000,000 0.71% 32,575 --
Argent Classic Convertible Arbitrage
Fund L.P. $ 1,900,000 0.45% 20,630 --
Argent LowLev Convertible Arbitrage
Fund Ltd. $ 6,000,000 1.42% 65,150 --
Aventis Pension Master Trust $ 430,000 0.10% 4,669 --
B.G.I. Global Investors c/o Forest
Investment Mngt. L.L.C. $ 691,000 0.16% 7,503 --
Black Diamond Capital I, Ltd. $ 551,000 0.13% 5,982 --
Black Diamond Convertible Offshore, LDC $ 2,561,000 0.61% 27,808 --
Black Diamond Offshore Ltd. $ 1,960,000 0.46% 21,282 --
Boilermaker - Blacksmith Pension Trust $ 2,350,000 0.56% 25,517 --
CALAMOS(R) Convertible Fund -
CALAMOS(R) Investment Trust $ 11,100,000 2.63% 120,528 --
CALAMOS(R) Convertible Growth and
Income Fund - CALAMOS(R) Investment
Trust $ 7,100,000 1.68% 77,094 --
CALAMOS(R) Convertible Portfolio -
CALAMOS(R) Advisors Trust $ 270,000 0.06% 2,931 --
CALAMOS(R) Market Neutral Fund -
CALAMOS(R) Investment Trust $ 13,000,000 3.08% 141,159 --
CALAMOS(R) Global Convertible Fund -
CALAMOS(R) Investment Trust $ 310,000 0.07% 3,366 --
CareFirst BlueChoice, Inc. $ 150,000 0.04% 1,628 --
City of Albany Pension Plan $ 200,000 0.05% 2,171 --
City of Birmingham Retirement & Relief
System $ 2,400,000 0.57% 26,060 --
City of Knoxville Pension System $ 550,000 0.13% 5,972 --
Consulting Group Capital Markets Funds $ 700,000 0.17% 7,600 --
Deephaven Domestic Convertible Trading
Ltd. $ 19,200,000 4.55% 208,481 --
Delta Airlines Master Trust $ 3,750,000 0.89% 40,719 --
Delta Pilots Disability and
Survivorship Trust $ 800,000 0.19% 8,686 --
Dorinco Reinsurance Company $ 1,300,000 0.31% 14,115 --
Double Black Diamond Offshore LDC $ 11,440,000 2.71% 124,220 --
2
PRINCIPAL
AMOUNT AT COMMON
MATURITY OF COMMON STOCK
LYONS PERCENT OF STOCK ISSUABLE OWNED
BENEFICIALLY TOTAL UPON PRIOR TO
OWNED AND OUTSTANDING CONVERSION CONVERSION
SELLING SECURITYHOLDER OFFERED LYONS OF LYONS OF LYONS*
- ---------------------- ------------ ----------- -------------- ----------
The Dow Chemical Company Employees'
Retirement Plan $ 4,650,000 1.10% 50,491 --
Drury University $ 60,000 0.01% 651 --
The Fondren Foundation $ 140,000 0.03% 1,520 --
Forest Alternative Strategies, II $ 179,000 0.04% 1,943 --
Forest Fulcrum Fund L.L.P. $ 2,435,000 0.58% 26,440 --
Forest Global Convertible Fund
Series A-5 $ 9,829,000 2.33% 106,727 --
FreeState Health Plan, Inc. $ 150,000 0.04% 1,628 --
Gaia Offshore Master Fund Ltd. $ 16,400,000 3.89% 178,077 --
Genesee County Employees' Retirement
System $ 1,300,000 0.31% 14,115 --
Goldman, Sachs & Co. Profit Sharing
Master Trust $ 680,000 0.16% 7,383 --
Greek Catholic Union of the USA $ 90,000 0.02% 977 --
Group Hospitalization and Medical
Services, Inc. $ 700,000 0.17% 7,600 --
HealthNow New York, Inc. $ 425,000 0.10% 4,614 --
HFR CA Select Fund $ 100,000 0.02% 1,085 --
H.K. Porter Company, Inc. $ 55,000 0.01% 597 --
Innovest Finanzdienstleistungs AG $ 1,500,000 0.36% 16,287 --
Jackson County Employees' Retirement
System $ 500,000 0.12% 5,429 --
KBC Financial Products (Cayman
Islands) Ltd. $ 12,200,000 2.89% 132,472 --
Kettering Medical Center Funded
Depreciation Account $ 130,000 0.03% 1,411 --
Knoxville Utilities Board Retirement
System $ 335,000 0.08% 3,637 --
LLT Limited $ 689,000 0.16% 7,481 --
Louisiana Workers' Compensation
Corporation $ 580,000 0.14% 6,297 --
Lyxor Master Fund $ 2,600,000 0.62% 28,231 --
Lyxor Master Fund Ref: Argent/LowLev CB $ 1,000,000 0.24% 10,858 --
Lyxor Master Fund c/o Forest Investment
Mngt. L.L.C. $ 3,863,000 0.92% 41,945 --
Macomb County Employees' Retirement
System $ 580,000 0.14% 6,297 --
McMahan Securities Co. L.P. $ 535,000 0.13% 5,809 --
Nicholas Applegate Investment Grade
Convertible $ 25,000 0.01% 271 --
NORCAL Mutual Insurance Company $ 300,000 0.07% 3,257 --
Oakwood Assurance Company $ 85,000 0.02% 922 --
3
PRINCIPAL
AMOUNT AT COMMON
MATURITY OF COMMON STOCK
LYONS PERCENT OF STOCK ISSUABLE OWNED
BENEFICIALLY TOTAL UPON PRIOR TO
OWNED AND OUTSTANDING CONVERSION CONVERSION
SELLING SECURITYHOLDER OFFERED LYONS OF LYONS OF LYONS*
- ---------------------- ------------ ----------- -------------- ----------
Oakwood Healthcare Inc. Endowment $ 15,000 0.00% 162 --
Oakwood Healthcare Inc. Funded
Depreciation $ 145,000 0.03% 1,574 --
Oakwood Healthcare Inc. - OHP $ 20,000 0.00% 217 --
Oakwood Healthcare Inc. (Pension) $ 280,000 0.07% 3,040 --
OZ Convertible Master Fund, Ltd. $ 2,522,000 0.60% 27,384 --
OZ Mac 13 Ltd. $ 704,000 0.17% 7,644 --
OZ Master Fund, Ltd. $ 32,687,000 7.74% 354,928 --
Physician's Reciprocal Insurers
Account #7 $ 3,200,000 0.76% 34,746 --
Port Authority of Allegheny County
Retirement and Disability Allowance
Plan for the Employees Represented by
Local 85 of the Amalgamated Transit
Union $ 1,300,000 0.31% 14,115 --
Prisma Foundation $ 110,000 0.03% 1,194 --
Ramius LP $ 300,000 0.07% 3,257 --
RBC Capital Services Inc. c/o Forest
Investment Mngt. L.L.C. $ 382,000 0.09% 4,147 --
RCG Baldwin LP $ 700,000 0.17% 7,600 --
RCG Halifax Master Fund, LTD $ 2,500,000 0.59% 27,146 --
RCG Latitude Master Fund, LTD $ 2,300,000 0.54% 24,974 --
RCG Multi Strategy, LP $ 4,500,000 1.07% 48,862 --
Relay 11 Holdings c/o Forest Investment
Mngt. L.L.C. $ 351,000 0.08% 3,811 --
San Diego County Employees Retirement
Association $ 1,700,000 0.40% 18,459 --
SCI Endowment Care Common Trust Fund -
First Union $ 75,000 0.02% 814 --
SCI Endowment Care Common Trust Fund -
National Fiduciary Services $ 265,000 0.06% 2,877 --
SCI Endowment Care Common Trust Fund -
Suntrust $ 110,000 0.03% 1,194 --
Southdown Pension Plan $ 240,000 0.06% 2,606 --
Southern Farm Bureau Life Insurance
Company $ 2,500,000 0.59% 27,146 --
SPT $ 2,900,000 0.69% 31,489 --
State of Florida, Office of the
Treasurer $ 4,000,000 0.95% 43,433 --
Sylvan (IMA) Ltd c/o Forest Investment
Mngt. L.L.C. $ 849,000 0.20% 9,218 --
TD Securities (USA) Inc. $ 4,900,000 1.16% 53,206 --
UFJ Investments Asia Ltd. $ 2,450,000 0.58% 26,603 --
Union Carbide Retirement Account $ 2,790,000 0.66% 30,294 --
United Food and Commercial Workers
Local 1262 and Employers Pension Fund $ 1,050,000 0.25% 11,401 --
4
PRINCIPAL
AMOUNT AT COMMON
MATURITY OF COMMON STOCK
LYONS PERCENT OF STOCK ISSUABLE OWNED
BENEFICIALLY TOTAL UPON PRIOR TO
OWNED AND OUTSTANDING CONVERSION CONVERSION
SELLING SECURITYHOLDER OFFERED LYONS OF LYONS OF LYONS*
- ---------------------- ------------ ----------- -------------- ----------
Vopak USA Inc., Retirement Plan (f.k.a.
Van Waters & Rogers, Inc. Retirement
Plan) $ 550,000 0.13% 5,972 --
Wachovia Securities, Inc. $ 32,700,000 7.75% 355,069 --
Worldwide Transactions Limited $ 488,000 0.12% 5,298 --
Zazove Hedged Convertible Fund L.P. $ 1,700,000 0.40% 18,459 --
Zazove Income Fund L.P. $ 1,700,000 0.40% 18,459 --
Zurich Institutional Benchmark Master
Fund Ltd. $ 500,000 0.12% 5,429 --
Zurich Institutional Benchmarks Master
Fund Ltd. $ 1,700,000 0.40% 18,459 --
Zurich Master Hedge Fund c/o Forest
Investment Mngt. L.L.C. $ 1,232,000 0.29% 13,377 --
- ----------------------------
* Assuming the sale of all LYONs and common stock issuable upon conversion
of the LYONs, selling securityholders will not hold any LYONs and will
hold the number of shares of our common stock set forth in this column.
At that time, no selling securityholder will hold more than 1% of our
outstanding common stock.
Neither the Securities and Exchange Commission nor any state securities
commission has approved or disapproved of these securities or passed upon the
adequacy or accuracy of this prospectus. Any representation to the contrary
is a criminal offense.
The date of this prospectus supplement is July 18, 2002.
5
