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Ownership Summary Table
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
UWW Holdings | 4,283,840 | 9 | 4,283,840 | 11 | 4,283,840 | 27.3% |
Page 1 of 5 – SEC Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
VERITIV
CORPORATION
(Name of Issuer)
Common Stock
(Title of
Class of Securities)
923454 102
(CUSIP Number)
UWW
Holdings, LLC
c/o Bain Capital Investors, LLC
200 Clarendon St.
Boston, Massachusetts 02116
Attention: Jay P. Corrigan
(617) 516 2000
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
March 16, 2017
(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐
Note: Schedules filed in paper format shall
include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page
shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions
of the Act (however, see the Notes).
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Page 2 of 5 – SEC Filing
CUSIP No. 923454 102 | Schedule 13D | Page 2 of 5 |
1 | NAMES OF UWW Holdings, LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER (a) ☐ (b) ☐ | |||||
3 | SEC USE ONLY: | |||||
4 | SOURCE OF FUNDS (SEE OO | |||||
5 | CHECK IF DISCLOSURE OF LEGAL | |||||
6 | CITIZENSHIP OR PLACE OF Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER: 4,283,840 | ||||
8 | SHARED VOTING POWER: | |||||
9 | SOLE DISPOSITIVE POWER: 4,283,840 | |||||
10 | SHARED DISPOSITIVE POWER: | |||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 4,283,840 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT 27.3% | |||||
14 | TYPE OF REPORTING PERSON (SEE OO |
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Page 3 of 5 – SEC Filing
CUSIP No. 923454 102 | Schedule 13D | Page 3 of 5 |
Amendment No. 2 to Schedule 13D
This Amendment No. 2 amends and supplements the Schedule 13D filed with the Securities and Exchange Commission (the SEC) on
July 3, 2014 and as amended on November 23, 2016 (as amended, the Schedule 13D). Except as set forth herein, the Schedule 13D is unmodified and remains in full force and effect. Each capitalized term used but not defined
herein has the meaning ascribed to such term in the Schedule 13D.
Item 1. Security and Issuer.
Item 1 of the Schedule 13D is hereby amended and restated in its entirety as follows:
The class of equity security to which this Statement on Schedule 13D (Statement) relates is the voting common stock, par value $0.01 per share
(the Common Stock), of Veritiv Corporation, a Delaware corporation (the Issuer). The address of the Issuers principal executive offices is 1000 Abernathy Road Northeast, Building 400, Suite 1700, Atlanta, Georgia 30328.
All ownership percentages of the securities reported in this Schedule 13D are based upon 15,687,532 shares of Common Stock outstanding as of March 9, 2017, as reported on the Issuers Annual Report on Form
10-K as filed with the SEC on March 14, 2017.
Item 5. Interest in Securities of the Issuer.
Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows:
(a)-(b) As the date hereof, the Reporting Person holds sole voting and dispositive power over 4,283,840 shares, or approximately 27.3%, of Common Stock.
Voting and dispositive power with respect to the shares of Common Stock held by the Reporting Person is exercised through a three-member board of managers
acting by majority vote. Fund VII and Coinvestment VII have the right to appoint two of the three members of the board of managers of the Reporting Person. In addition, Fund VII LLC, Coinvest VII LLC, BCIP III LLC, BCIP T III LLC, BCIP III-B LLC, BCIP T III-B LLC and J5 (the Bain Capital Funds) collectively hold common equity interests of the Reporting Person.
BCI is the general partner of BCP VII, which is the general partner of Coinvestment VII and Fund VII, which is the managing member of J5. Boylston
Coinvestors, LLC is the managing partner of BCIP Trust Associates III, BCIP Trust Associates III-B, BCIP Associates III and BCIP Associates III-B, which is the manager
of BCIP T III LLC, BCIP T III-B LLC, BCIP III LLC and BCIP III-B LLC, respectively. The investment strategy and decision-making process with respect to investments held
by the Bain Capital Funds is directed by BCIs Global Private Equity Board.
(c) Except for the transactions described in this Statement, including
those described in Item 6 below, there have been no transactions in Common Shares that were effected during the past sixty days by the Reporting Person. To the knowledge of the Reporting Person, no other person or entity referred to in Item 2
(including those listed on Schedule A hereto) has effected any transaction in Common Stock in the past sixty days.
Item 6. Contracts,
Arrangements, Understandings or Relationships with Respect to the Securities of the Issuer
Item 6 of the Schedule 13D is hereby amended and
supplemented as follows:
Underwriting Agreement and Lock-up Agreement
Pursuant to an Underwriting Agreement (the Underwriting Agreement), dated as of March 16, 2017 by and among the Issuer, UWWH and Morgan
Stanley & Co. LLC (the Underwriter), UWWH agreed to sell to the Underwriter in an underwritten public offering an aggregate of 1,800,000 shares of Common Stock (the Public Offering). The sale of the Common Stock to
the Underwriter closed on March 22, 2017.
In connection with the Public Offering, UWWH and directors and executive officers of the Issuer entered
into a lock-up agreement (the Lock-up Agreement) with the Underwriter. Under the Lock-up Agreement, each party to the
Lock-up Agreement agreed, subject to certain exceptions, not to sell or transfer any Common Stock or securities convertible into, exchangeable for, exercisable for, or repayable with Common Stock, for 60 days
after March 16, 2017 without first obtaining the written consent of the Underwriter.
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CUSIP No. 923454 102 | Schedule 13D | Page 4 of 5 |
The summaries of the Underwriting Agreement and Lock-up Agreement contained in this
Item 6 are qualified in their entirety by reference to the Underwriting Agreement and the Lock-up Agreement, each of which is filed as an exhibit hereto and incorporated by reference herein.
Item 7. Materials to be Filed as Exhibits
Item 7 of
the Schedule 13D is hereby amended and supplemented as follows:
Exhibit 9 | Underwriting Agreement, dated March 16, 2017, by and among the Issuer, UWWH and the Underwriter (incorporated by reference to Exhibit 1.1 to the Issuers Current Report on Form 8-K filed with the Securities and Exchange Commission on March 22, 2017). | |
Exhibit 10 | Form of Lock-up Agreement (incorporated by reference to Exhibit C to Exhibit 1.1 to the Issuers Current Report on Form 8-K filed with the Securities and Exchange Commission on March 22, 2017). |
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CUSIP No. 923454 102 | Schedule 13D | Page 5 of 5 |
Signatures
After reasonable inquiry and to the best knowledge and belief of the undersigned, such person certifies that the information set forth in this Statement with
respect to such person is true, complete and correct.
Date: March 22, 2017
UWW Holdings, LLC | ||
By: | /s/ Jay P. Corrigan | |
Name: | Jay P. Corrigan | |
Title: | Manager, Vice President and Secretary |