13D Filing: Krensavage Asset Management, Llc and Rti Surgical Inc. (NASDAQ:RTIX)

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Page 9 of 13 – SEC Filing

Item 5.
Interest in Securities of the Issuer.
 
Items 5(a)-(c) are hereby amended and restated to read as follows:
The aggregate percentage of Shares reported owned by each person named herein is based upon 58,462,397 Shares outstanding, as of March 3, 2017, which is the total number of Shares outstanding as reported in the Issuer’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 13, 2017.
A.
Krensavage Partners
 
(a)
As of the close of business on March 16, 2017, Krensavage Partners directly owns 3,561,351 Shares.
Percentage: Approximately 6.1%
 
(b)
1. Sole power to vote or direct vote: 3,561,351
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 3,561,351
 
4. Shared power to dispose or direct the disposition: 0
 
(c)
The transactions in the Shares by Krensavage Partners since the filing of Amendment No. 5 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
B.
Krensavage Advisors
 
(a)
Krensavage Advisors, as the general partner of Krensavage Partners, may be deemed the beneficial owner of the 3,561,351 Shares owned by Krensavage Partners.
Percentage: Approximately 6.1%
 
(b)
1. Sole power to vote or direct vote: 3,561,351
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 3,561,351
 
4. Shared power to dispose or direct the disposition: 0
 
(c)
Krensavage Advisors has not entered into any transactions in the Shares since the filing of Amendment No. 5 to the Schedule 13D.  The transactions in the Shares on behalf of Krensavage Partners since the filing of Amendment No. 5 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
C.
Krensavage Partners Too
 
(a)
As of the close of business on March 16, 2017, Krensavage Partners Too directly owns 877,599 Shares.
Percentage: 1.5%
 
(b)
1. Sole power to vote or direct vote: 877,599
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 877,599
 
4. Shared power to dispose or direct the disposition: 0

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