Ahmet Okumus‘ Okumus Fund Management has filed a 13D related to its position in Web.com Group Inc (NASDAQ:WEB), it’s second-largest holding at the end of the third quarter of 2015. The filing reveals a position of 7.01 million shares, 13.8% of the common shares of the company. That represents a slight decline from the end of the third quarter, but is unchanged from the end of 2015. The filing instead appears to have been issued simply as a means of correcting an earlier, erroneous 13G filing on the same company from earlier today.
You can access the original SEC filing by clicking here.
Ownership Summary Table
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Okumus Fund Management Ltd | 0 | 7,016,602 | 0 | 7,016,602 | 7,016,602 | 13.8% |
Okumus Opportunistic Value Fund, Ltd | 0 | 7,016,602 | 0 | 7,016,602 | 7,016,602 | 13.8% |
Ahmet H. Okumus | 0 | 7,016,602 | 0 | 7,016,602 | 7,016,602 | 13.8% |
Follow Ahmet Okumus's Okumus Fund Management
Page 1 of 6 SEC Filing
Web.com Group, Inc. |
(Name of Issuer) |
Common Stock, par value $0.001 per share |
(Title of Class of Securities) |
94733A104 |
(CUSIP Number) |
AHMET H. OKUMUS c/o Okumus Fund Management Ltd. 767 Third Avenue, 35th Floor New York, NY 10017 212-201-2640 |
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
February 16, 2016 |
(Date of Event Which Requires Filing of this Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.240.13D-1(e), 240.13d‑1(f) or 240.13d-1(g), check the following box [ X ]. |
Follow Web.com Group Inc. (NASDAQ:WEB)
Follow Web.com Group Inc. (NASDAQ:WEB)
Page 2 of 6 SEC Filing
CUSIP No. | 94733A104 | |||||
1. | NAME OF REPORTING PERSONS | |||||
Okumus Fund Management Ltd. | ||||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | |||||
(a) | [_] | |||||
(b) | [X] | |||||
3. | SEC USE ONLY | |||||
4. | SOURCE OF FUNDS | |||||
AF | ||||||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | [_] | ||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||
Cayman Islands | ||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | ||||||
7. | SOLE VOTING POWER | |||||
0 | ||||||
8. | SHARED VOTING POWER | |||||
7,016,602 | ||||||
9. | SOLE DISPOSITIVE POWER | |||||
0 | ||||||
10. | SHARED DISPOSITIVE POWER | |||||
7,016,602 | ||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING | |||||
PERSON | ||||||
7,016,602 | ||||||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES | |||||
CERTAIN SHARES | [_] | |||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |||||
13.8% | ||||||
14. | TYPE OF REPORTING PERSON | |||||
CO, IA |
Follow Web.com Group Inc. (NASDAQ:WEB)
Follow Web.com Group Inc. (NASDAQ:WEB)
Page 3 of 6 SEC Filing
CUSIP No. | 94733A104 | |||||
1. | NAME OF REPORTING PERSONS | |||||
Okumus Opportunistic Value Fund, Ltd. | ||||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | |||||
(a) | [_] | |||||
(b) | [X] | |||||
3. | SEC USE ONLY | |||||
4. | SOURCE OF FUNDS | |||||
WC | ||||||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | [_] | ||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||
British Virgin Islands | ||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | ||||||
7. | SOLE VOTING POWER | |||||
0 | ||||||
8. | SHARED VOTING POWER | |||||
7,016,602 | ||||||
9. | SOLE DISPOSITIVE POWER | |||||
0 | ||||||
10. | SHARED DISPOSITIVE POWER | |||||
7,016,602 | ||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING | |||||
PERSON | ||||||
7,016,602 | ||||||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES | |||||
CERTAIN SHARES | ||||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |||||
[_] | ||||||
13.8% | ||||||
14. | TYPE OF REPORTING PERSON | |||||
CO |
Follow Web.com Group Inc. (NASDAQ:WEB)
Follow Web.com Group Inc. (NASDAQ:WEB)
Page 4 of 6 SEC Filing
CUSIP No. | 94733A104 | |||||
1. | NAME OF REPORTING PERSONS | |||||
Ahmet H. Okumus | ||||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | |||||
(a) | [_] | |||||
(b) | [X] | |||||
3. | SEC USE ONLY | |||||
4. | SOURCE OF FUNDS | |||||
AF | ||||||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | [_] | ||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||
Republic of Turkey | ||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | ||||||
7. | SOLE VOTING POWER | |||||
0 | ||||||
8. | SHARED VOTING POWER | |||||
7,016,602 | ||||||
9. | SOLE DISPOSITIVE POWER | |||||
0 | ||||||
10. | SHARED DISPOSITIVE POWER | |||||
7,016,602 | ||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING | |||||
PERSON | ||||||
7,016,602 | ||||||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES | |||||
CERTAIN SHARES | [_] | |||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |||||
13.8% | ||||||
14. | TYPE OF REPORTING PERSON | |||||
IN, HC |
Follow Web.com Group Inc. (NASDAQ:WEB)
Follow Web.com Group Inc. (NASDAQ:WEB)
Page 5 of 6 SEC Filing
CUSIP No. | 94733A104 |
Item 4. | Purpose of Transaction. | |
Item 6. | Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. | |
N/A |
Item 7. | Material to be Filed as Exhibits. | |
N/A | ||
Follow Web.com Group Inc. (NASDAQ:WEB)
Follow Web.com Group Inc. (NASDAQ:WEB)
Page 6 of 6 SEC Filing
Okumus Fund Management Ltd. | ||
By: | /s/ Ahmet H. Okumus | |
Name: | Ahmet H. Okumus | |
Title: | President | |
Okumus Opportunistic Value Fund, Ltd. | ||
By: | /s/ Ahmet H. Okumus | |
Name: | Ahmet H. Okumus | |
Title: | President | |
/s/ Ahmet H. Okumus | ||
Ahmet H. Okumus | ||
February 16, 2016 |