e424b3
 

This prospectus supplement filed pursuant to Rule 424(b)(3)
Registration No. 333-120246
PROSPECTUS SUPPLEMENT
     This is a supplement, dated March 31, 2006, to the prospectus which forms a part of Amendment No. 1 to the Form S-3 Registration Statement (No. 333-120246) filed on January 14, 2005, by Henry Schein, Inc.
     We originally issued the notes to which this supplement relates in a private placement on August 9, 2004. The notes were resold by the initial purchasers to qualified institutional buyers, as such term is defined by Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), in transactions exempt from registration under the Securities Act. The notes and the shares of common stock issuable upon conversion of the notes that may be offered pursuant to the prospectus and this supplement are being offered by the selling securityholders, which includes their transferees, distributees, pledgees or donees or their successors.
     The following table sets forth information with respect to the selling securityholders and the principal amount of notes beneficially owned by each selling securityholder that may be offered pursuant to the prospectus and this supplement. The information contained in this supplement is based on information provided by or on behalf of the selling securityholders on or prior to March 30, 2006. The selling securityholders may offer all, some or none of the notes or the common stock into which the notes are convertible. Because the selling securityholders may offer all or some portion of the notes or the common stock, we cannot estimate the amount of the notes or the common stock that will be held by the selling securityholders upon termination of any of these sales. In addition, the selling securityholders identified below may have sold, transferred or otherwise disposed of all or a portion of their notes, or acquired additional notes, since the date on which they provided the information regarding their notes in transactions exempt from the registration requirements of the Securities Act. Accordingly, the information provided here for any particular securityholder may understate or overstate, as the case may be, such securityholder’s current ownership. The aggregate principal amount of notes outstanding as of the date of this supplement is $240.0 million, which is the aggregate principal amount of notes registered pursuant to the Registration Statement of which this prospectus is a part. The percentage of notes outstanding beneficially owned by each selling securityholder is based on $240.0 million aggregate principal amount of notes outstanding.
     The number of shares of common stock issuable upon conversion of the notes shown in the table below assumes conversion of the full amount of notes held by each selling securityholder at the current conversion rate of 21.5796 shares per $1,000 principal amount of notes and a cash payment in lieu of any fractional shares. This conversion price is subject to adjustment in certain events. Accordingly, the number of conversion shares may increase or decrease from time to time. No selling securityholder named in the table below beneficially owns one percent or more of our common stock, based on 87,331,228 shares of common stock outstanding on February 27, 2006. Information concerning other selling securityholders will be

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set forth in supplements to the prospectus, or if appropriate, post-effective amendments to the Registration Statement of which the prospectus is a part, from time to time, if required. The number of shares of common stock owned by the other selling securityholders or any future transfers from any such holder assumes that they do not beneficially own any common stock other than common stock into which the notes are convertible.

2

 

                                 
    Principal Amount           Common    
    of Notes           Stock   Common
    Beneficially   Percentage   Owned   Stock
    Owned and   of Notes   Prior to   Registered
Selling Security Holder   Offered Hereby (1)   Outstanding   Conversion   Hereby
1976 Distribution Trust FBO A.R. Lauder/Zinterhofer (2)
   $ 7,000       *       ––       151  
2000 Revocable Trust FBO A.R. Lauder/Zinterhofer (2)
   $ 6,000       *       ––       129  
AHFP Symphony-Arpeggio (a)(c)
   $ 300,000       *       ––       6,473  
Acuity Master Fund, Ltd. (3)
   $ 2,880,000       1.20 %     ––       62,149  
Alcon Laboratories (2)
   $ 399,000       *       ––       8,610  
Allstate Insurance Company (c)(4)
   $ 4,500,000       1.88 %     13,300       110,408  
Allstate Life Insurance Company (c)(4)
   $ 2,000,000       *       ––       43,159  
Argent Classic Convertible Arbitrage Fund (Bermuda) Ltd. (5)
   $ 5,420,000       2.26 %     ––       116,961  
Argent Classic Convertible Arbitrage Fund L.P. (6)
   $ 980,000       *       ––       21,148  
Argent Classic Convertible Arbitrage Fund II, L.P. (6)
   $ 120,000       *       ––       2,589  
Arlington County Employees Retirement System (2)
   $ 645,000       *       ––       13,918  
Arpeggio Fund (a)(c)
   $ 7,000,000       2.92 %     ––       151,057  
Asante Health Systems (2)
   $ 131,000       *       ––       2,826  
BNP Paribas Equity Strategies, SNC (c)(7)
   $ 1,215,000       *       ––       26,219  
BP Amoco PLC Master Trust (8)
   $ 596,000       *       ––       12,861  
Barclays Global Investors Diversified Alpha Plus Funds (9)
   $ 222,000       *       ––       4,790  
British Virgin Islands Social Security Board (2)
   $ 117,000       *       ––       2,524  
CSV Fund (a)(c)
   $ 600,000       *       ––       12,947  
Calamos® Market Neutral Fund – Calamos® Investment Trust (10)
   $ 14,000,000       5.83 %     ––       302,114  
Canadian Imperial Holdings Inc. (c)
   $ 9,000,000       3.75 %     ––       194,216  
Celebrity IAM Ltd. (11)
   $ 2,800,000       1.17 %     ––       60,422  
Chrysler Corporation Master Retirement Trust (c)(12)
   $ 1,545,000       *       ––       33,340  
Citadel Equity Fund Ltd. (c)(13)
   $ 5,500,000       2.29 %     ––       118,687  
City and County of San Francisco Retirement System (2)
   $ 1,421,000       *       ––       30,664  
City of New Orleans (2)
   $ 115,000       *       ––       2,481  
City University of New York (2)
   $ 132,000       *       ––       2,848  
Coda Capital Management, LLC (a)
   $ 200,000       *       ––       4,315  
Coda Capital ND Portfolio (a)
   $ 100,000       *       ––       2,157  
Coda-KHPE Convertible Portfolio (a)
   $ 350,000       *       ––       7,552  
Consulting Group Capital Markets Fund (8)
   $ 150,000       *       ––       3,236  
Consulting Group Capital Markets Funds (10)
   $ 1,650,000       *       ––       35,606  
Convertible Securities Fund
   $ 20,000       *       ––       431  
CooperNeff Convertible Strategies (Cayman) Master Fund, LP (7)
   $ 1,017,000       *       ––       21,946  
DaimlerChrysler Corp Emp. #1 Pension Plan dtd 4/1/89 (14)
   $ 3,160,000       1.32 %     ––       68,191  

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    Principal Amount           Common    
    of Notes           Stock   Common
    Beneficially   Percentage   Owned   Stock
    Owned and   of Notes   Prior to   Registered
Selling Security Holder   Offered Hereby (1)   Outstanding   Conversion   Hereby
Delaware Public Employees Retirement System (2)
   $ 2,306,000       *       ––       49,762  
Delta Air Lines Master Trust – CV (c)(12)
   $ 275,000       *       ––       5,934  
Delta Pilots Disability & Survivorship Trust – CV (c)(12)
   $ 155,000       *       ––       3,344  
Descartes Offshore Ltd. (11)
   $ 4,900,000       2.04 %     ––       105,740  
Descartes Partners L.P. (15)
   $ 1,800,000       *       ––       38,843  
F.M. Kirby Foundation, Inc. (c)(12)
   $ 230,000       *       ––       4,963  
Forest Fulcrum Fund LP (b)(9)
   $ 231,000       *       ––       4,984  
Forest Global Convertible Fund, Ltd., Class A-5 (9)
   $ 678,000       *       ––       14,630  
Forest Multi-Strategy Master Fund SPC, on behalf of its Multi-Strategy Segregated Portfolio (9)
   $ 522,000       *       ––       11,264  
Franklin and Marshall College (14)
   $ 180,000       *       ––       3,884  
FrontPoint Convertible Arbitrage Fund, L.P. (16)
   $ 6,000,000       2.50 %     ––       129,477  
Gartmore Convertible Fund (a)
   $ 450,000       *       ––       9,710  
The Grable Foundation (2)
   $ 79,000       *       ––       1,704  
Grace Convertible Arbitrage Fund, Ltd. (17)
   $ 5,000,000       2.08 %     ––       107,898  
Grady Hospital Foundation (2)
   $ 125,000       *       ––       2,697  
HFR CA Global Opportunity Master Trust (9)
   $ 138,000       *       ––       2,977  
HFR CA Select Fund (18)
   $ 750,000       *       ––       16,184  
HFR RVA Select Performance Master Trust (9)
   $ 87,000       *       ––       1,877  
Hotel Union & Hotel Industry of Hawaii Pension Plan (8)
   $ 150,000       *       ––       3,236  
IMF Convertible Arbitrage Account (a)(c)
   $ 550,000       *       ––       11,868  
ING Convertible Fund (19)
   $ 2,900,000       1.21 %     ––       62,580  
ING VP Convertible Portfolio (19)
   $ 130,000       *       ––       2,805  
Independence Blue Cross (2)
   $ 714,000       *       ––       15,407  
Institutional Benchmarks Master Fund Ltd. (8)
   $ 665,000       *       ––       14,350  
Institutional Benchmarks Master Fund Ltd. (18)
   $ 2,000,000       *       ––       43,159  
International Truck & Engine Corporation Non-Contributory Retirement Plan Trust (c)(12)
   $ 175,000       *       ––       3,776  
International Truck & Engine Corporation Retiree Health Benefit
Trust (c)(12)
   $ 70,000       *       ––       1,510  
International Truck & Engine Corporation Retirement Plan for Salaried Employees Trust (c)(12)
   $ 170,000       *       ––       3,668  
JP Morgan Securities Inc. (a)(b)(20)
   $ 115,000       *       ––       2,481  
KBC Financial Products USA Inc. (b)(21)
   $ 1,500,000       *       ––       32,369  
LLT Limited (22)
   $ 117,000       *       ––       2,524  
Laurel Ridge Capital, LP
   $ 2,000,000       *       ––       43,159  
Lehman Brothers Inc. (a)(b)(23)
   $ 10,034,000       4.18 %             216,529  
Lyxor/Convertible Arbitrage Fund Limited (7)
   $ 192,000       *       ––       4,143  
Lyxor/Forest Fund Limited (9)
   $ 513,000       *       ––       11,070  
Lyxor/Quest Fund Ltd. (24)
   $ 1,200,000       *       ––       25,895  
McMahan Securities Co. L.P. (a)(b)
   $ 2,500,000       1.04 %     ––       53,949  
Merrill Lynch Insurance Group (2)
   $ 306,000       *       ––       6,603  
Microsoft Corporation (a)(c)(12)
   $ 70,000       *       ––       1,510  

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    Principal Amount           Common    
    of Notes           Stock   Common
    Beneficially   Percentage   Owned   Stock
    Owned and   of Notes   Prior to   Registered
Selling Security Holder   Offered Hereby (1)   Outstanding   Conversion   Hereby
Municipal Employees (2)
   $ 265,000       *       ––       5,718  
Nations Convertible Securities Fund
   $ 3,980,000       1.66 %     ––       85,886  
New Orleans Firefighters Pension/Relief Fund (2)
   $ 79,000       *       ––       1,704  
OCM Convertible Trust (c)(12)
   $ 230,000       *       ––       4,963  
OCM Global Convertible Securities Fund (c)(12)
   $ 55,000       *       ––       1,186  
Occidental Petroleum Corporation (2)
   $ 290,000       *       ––       6,258  
Ohio Bureau of Workers Compensation (2)
   $ 169,000       *       ––       3,646  
Partner Reinsurance Company Ltd. (c)(12)
   $ 125,000       *       ––       2,697  
Polaris Vega Fund L.P. (25)
   $ 2,250,000       *       ––       48,554  
Policemen and Firemen Retirement System of the City of Detroit (2)
   $ 516,000       *       ––       11,135  
Pro-mutual (2)
   $ 842,000       *       ––       18,170  
Quest Global Convertible Master Fund Ltd. (24)
   $ 300,000       *       ––       6,473  
Qwest Occupational Health Trust (c)(12)
   $ 45,000       *       ––       971  
Rhapsody Fund, LP (a)(c)
   $ 2,800,000       1.17 %     ––       60,422  
Royal Bank of Canada (a)(c)
   $ 4,000,000       1.67 %     ––       86,318  
S.A.C. Arbitrage Fund, LLC (26)
   $ 4,000,000       1.67 %     ––       86,318  
SG Americas Securities, LLC (a)(b)
   $ 2,000,000       *       ––       43,159  
SSI Blended Market Neutral L.P. (8)
   $ 209,000       *       ––       4,510  
SSI Hedged Convertible Market Neutral L.P. (8)
   $ 300,000       *       ––       6,473  
San Diego County Employee Retirement Association (18)
   $ 2,500,000       1.04 %     ––       53,949  
Silverback Master, Ltd. (27)
   $ 14,500,000       6.04 %     ––       312,904  
Singlehedge US Convertible Arbitrage Fund (7)
   $ 327,000       *       ––       7,056  
South Dakota Retirement System (28)
   $ 2,000,000       *       ––       43,159  
Sphinx Convertible Arb Fund SPC (8)
   $ 495,000       *       ––       10,681  
Sphinx Convertible Arbitrage SPC (9)
   $ 183,000       *       ––       3,949  
State Employees’ Retirement Fund of the State of Delaware (c)(12)
   $ 375,000       *       ––       8,092  
State Street Bank Custodian for GE Pension Trust (14)
   $ 1,270,000       *       ––       27,406  
Sturgeon Limited (29)
   $ 249,000       *       ––       5,373  
Sunrise Partners Limited Partnership (c)(30)
   $ 4,750,000       1.98 %     ––       102,503  
SuttonBrook Capital Portfolio, LP (31)
   $ 15,000,000       6.25 %     ––       323,694  
The City of Southfield (8)
   $ 27,000       *       ––       582  
The Estate of James Campbell 03394 (8)
   $ 50,000       *       ––       1,078  
The Estate of James Campbell 08968 (8)
   $ 30,000       *       ––       647  
The Estate of James Campbell 11222 (8)
   $ 411,000       *       ––       8,869  
Trustmark Insurance (2)
   $ 331,000       *       ––       7,142  
UBS AG London F/B/O HFS (32)
   $ 2,000,000       2.08 %     ––       43,159  
UBS AG London Branch (c)(33)
   $ 20,000,000       8.33 %     ––       431,592  
UnumProvident Corporation (a)(c)(12)
   $ 145,000       *       ––       3,129  
Viacom Inc. Pension Plan Master Trust (8)
   $ 13,000       *       ––       280  
Vicis Capital Master Fund (34)
   $ 6,000,000       2.50 %     ––       129,477  
Victory Capital Management as Agent for The Victory Convertible
Fund (a)
   $ 1,000,000       *       ––       21,579  
Xavex Convertible Arbitrage 4 Fund (9)
   $ 51,000       *       ––       1,100  
Xavex Convertible Arbitrage 10 Fund (35)
   $ 480,000       *       ––       10,358  
Zazove Convertible Arbitrage Fund, L.P. (a)(36)
   $ 7,750,000       3.23 %     ––       167,241  
Zazove Hedged Convertible Fund, L.P. (36)
   $ 2,500,000       1.04 %     ––       53,949  

5

 

                                 
    Principal Amount           Common    
    of Notes           Stock   Common
    Beneficially   Percentage   Owned   Stock
    Owned and   of Notes   Prior to   Registered
Selling Security Holder   Offered Hereby (1)   Outstanding   Conversion   Hereby
Zazove Income Fund, L.P. (36)
   $ 1,000,000       *       ––       21,579  
Zurich Institutional Benchmarks Master Fund Ltd. (9)
   $ 258,000       *       ––       5,567  
 
*   Represents less than 1%
 
a)   This selling securityholder is a SEC-reporting company.
 
b)   This selling securityholder is a broker-dealer.
 
c)   This selling securityholder is an affiliate of a broker-dealer.
 
1)   Selling securityholders may have sold, transferred or otherwise disposed of all or a portion of their notes, or acquired additional notes, since the date on which we were provided with the information regarding their notes (as described above) in transactions exempt from the registration requirements of the Securities Act. Accordingly, the information provided here for any particular securityholder may understate or overstate, as the case may be, such securityholder’s current ownership. The aggregate principal amount of notes outstanding as of the date of this supplement is $240.0 million, which is the aggregate principal amount of notes registered pursuant to the Registration Statement of which this prospectus is a part.
 
2)   Paul Latronica, a vice president of Advent Capital Management Corp., has sole voting and dispositive power over the registrable securities held by this selling securityholder.
 
3)   Howard Needle and David J. Harris have voting and dispositive power over the registrable securities held by this selling securityholder.
 
4)   The Allstate Corporation, a NYSE listed company, has voting and dispositive power over the registrable securities held by this selling securityholder.
 
5)   Argent Financial Group (Bermuda), Ltd., Nathanial Brown and Robert Richardson have voting and dispositive power over the registrable securities held by this selling securityholder.
 
6)   Argent Management Company, LLC, Nathanial Brown and Robert Richardson have voting and dispositive power over the registrable securities held by this selling securityholder.
 
7)   Christian Menestrier, the chief executive officer of CooperNeff Advisors, Inc., has sole voting and dispositive power over the registrable securities held by this selling securityholder.
 
8)   John Gottfurcht, George Douglas and Amy Jo Gottfurcht have voting and dispositive power over the registrable securities held by this selling securityholder.
 
9)   Forest Investment Management LLC has sole voting and dispositive power over the registrable securities held by this selling securityholder. Forest Investment Management LLC is wholly owned by Forest Partners II LP. Michael A. Boyd Inc. is the General Partner of Forest Partners II LP, and Michael A. Boyd is the sole owner of Michael A. Boyd Inc.
 
10)   Nick Calamos has sole voting and dispositive power over the registrable securities held by this selling securityholder.
 
11)   Descartes Capital LLC, the Investment Advisor to this selling securityholder, has sole voting and dispositive power over the registrable securities held by this selling securityholder.

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12)   Oaktree Capital Management LLC is the investment manager of the selling securityholder with respect to the aggregate principal amount of the notes. It does not own any equity interest in the selling securityholder but has voting and dispositive power over the aggregate principal amount of the notes. Lawrence Keele is a principal of Oaktree Capital Management LLC and is the portfolio manager for the selling securityholder. Mr. Keele, Oaktree Capital Management LLC and all employees and members of Oaktree Capital Management LLC disclaim beneficial ownership of the notes, except for their pecuniary interest therein.
 
13)   Citadel Limited Partnership is the trading manager of Citadel Equity Fund Ltd. and consequently has investment discretion over securities held by Citadel Equity Fund Ltd. Citadel Limited Partnership disclaims beneficial ownership of the shares beneficially owned by Citadel Equity Fund Ltd. Kenneth C. Griffin indirectly controls Citadel Limited Partnership and therefore has ultimate investment discretion over securities held by Citadel Equity Fund Ltd. Mr. Griffin disclaims beneficial ownership of the shares held by Citadel Equity Fund Ltd.
 
14)   Jack Feiler, the chief investment officer of Palisade Capital Management, L.L.C., has sole voting and dispositive power over the registrable securities held by this selling securityholder.
 
15)   Descartes Capital LLC, the General Partner of this selling securityholder, has sole voting and dispositive power over the registrable securities held by this selling securityholder.
 
16)   FrontPoint Convertible Arbitrage Fund GP, LLC is the general partner of FrontPoint Convertible Arbitrage Fund, L.P. FrontPoint Partners LLC is the managing member of FrontPoint Convertible Arbitrage Fund GP, LLC and as such, has voting and dispositive power over the securities held by the fund. Philip Duff, W. Gillespie Caffray and Paul Ghaffari are members of the board of managers of FrontPoint Partners LLC and are the sole members of its management committee. Mr. Duff, Mr. Caffray and Mr. Ghaffari and FrontPoint Partners LLC and FrontPoint Convertible Arbitrage Fund GP, LLC each disclaim beneficial ownership of the securities held by the fund except for their pecuniary interest therein.
 
17)   Bradford Whitmore and Michael Brailov have voting and dispositive power over the registrable securities held by this selling securityholder.
 
18)   Zazove Associates, LLC, a registered investment advisor, has discretionary authority over the registrable securities held by this selling securityholder.
 
19)   Anu Sahai has sole voting and dispositive power over the registrable securities held by this selling securityholder.
 
20)   Jean Pierre Latrille, on behalf of JP Morgan Securities Inc., has sole voting and dispositive power over the registrable securities held by this selling securityholder. JP Morgan Securities Inc. acted as joint book runner for Henry Schein, Inc., in connection with the original sale of the notes pursuant to Rule 144A under the Securities Act. This selling securityholder holds $780,000 of the registrable securities already registered.
 
21)   This selling securityholder is an indirect wholly-owned subsidiary of KBC Bank N.V., which in turn is a direct wholly-owned subsidiary of KBC Bank & Insurance Holding Company N.V., a publicly traded entity.
 
22)   Forest Investment Management LP has sole voting control and shared investment control over the registrable securities held by this selling securityholder. Forest Investment Management LP is wholly owned by Forest Partners II, the sole General Partner of which is Michael A. Boyd Inc., which is solely owned by Michael A. Boyd.
 
23)   Lehman Brothers Inc. acted as joint book runner for Henry Schein, Inc., in connection with the original sale of the notes pursuant to Rule 144A under the Securities Act. This selling securityholder holds $11,910,000 of the registrable securities already registered.

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24)   James Doolin and Frank Campana have voting and dispositive power over the registrable securities held by this selling securityholder.
 
25)   Gregory R. Levinson has sole voting and dispositive power over the registrable securities held by this selling securityholder.
 
26)   Pursuant to investment agreements, each of S.A.C. Capital Advisors, LLC, and S.A.C. Capital Management, LLC, share all investment and voting power with respect to the securities held by S.A.C. Arbitrage Fund, LLC. Steven A. Cohen controls both S.A.C. Capital Advisors, LLC, and S.A.C. Capital Management, LLC. Each of S.A.C. Capital Advisors, LLC, S.A.C. Capital Management, LLC, and Mr. Cohen disclaim beneficial ownership of any of the notes.
 
27)   Elliot Bossen has sole voting and dispositive power over the registrable securities held by this selling securityholder.
 
28)   Dan Frasier has sole voting and dispositive power over the registrable securities held by this selling securityholder.
 
29)   CooperNeff Advisors, Inc., has sole investment control and shared voting control over the registrable securities held by this selling securityholder. Christian Menestrier is the chief executive officer of CooperNeff Advisors, Inc.
 
30)   S. Donald Sussman has sole voting and dispositive power over the registrable securities held by this selling securityholder.
 
31)   SuttonBrook Capital Management LP, a registered investment advisor, has sole voting and dispositive power over the registrable securities held by this selling securityholder.
 
32)   UBS AG has sole voting and dispositive power over the registrable securities held by this selling securityholder. UBS AG is the majority stockholder of UBS Securities LLC, of which this selling securityholder is an affiliate.
 
33)   UBS AG has sole voting and dispositive power over the registrable securities held by this selling securityholder.
 
34)   John Succo, Shad Stastney and Sky Lucas have voting and dispositive power over the registrable securities held by this selling securityholder.
 
35)   Argent International Management Company, LLC, Nathanial Brown and Robert Richardson have voting and dispositive power over the registrable securities held by this selling securityholder.
 
36)   Zazove Associates, LLC, the General Partner of this selling securityholder, has sole voting and dispositive power over the registrable securities held by this selling securityholder.

8

 

     None of the selling securityholders or any of their affiliates, officers, directors or principal equity holders has held any position or office or has had any material relationship with us or any of our predecessors or affiliates within the past three years.
     The initial purchasers purchased all of the notes from us in a private transaction on August 9, 2004. All of the notes were “restricted securities” under the Securities Act prior to the registration. The selling securityholders have represented to us that they purchased the notes for their own account for investment only and not with a view toward selling or distributing them, except pursuant to sales registered under the Securities Act or exempt from such registration.

9