13D Filing: Magnetar Capital and Kate Spade & Co (KATE)

 

Item 5.

Interest in Securities of the Issuer

 

Item 5 of the Schedule 13D is hereby amended to add the following information for updating:

 

(a)                                 As of the close of business on June 23, 2017, each of the Reporting Persons may have been deemed to have beneficial ownership of 6,362,202, which consists of (i) 5,982,393 shares held for the benefit of PRA Master Fund and (ii) 379,809 Shares held for the benefit of MSW Master Fund, and all such Shares represented 4.95% of the Shares.

 

(b)                                 As of the close of business on June 23, 2017, each of the Reporting Persons may have been deemed to share the power to vote and direct the disposition of 6,362,202 Shares, which consists of (i) 5,982,393 shares held for the benefit of PRA Master Fund and (ii) 379,809 Shares held for the benefit of MSW Master Fund, and all such Shares represented beneficial ownership of approximately 4.95% of the Shares.

 

(c)                                  Except as set for the on Schedule A attached hereto, the Reporting Persons had no transactions since the filing of the Schedule 13D on May 18, 2017 through the close of business on June 23, 2017.  All of the transactions set forth on Schedule A attached hereto were effected in the ordinary course of business of Magnetar Financial for the accounts of each of the Funds and each of the Managed Accounts. The transactions in the Shares set forth on Schedule A were effected in open market transactions on the New York Stock Exchange and various other trading markets.

 

(d)                                 Each of the Reporting Persons ceased to have beneficial ownership of greater than 5% of the Shares on June 23, 2017.

 

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