Bob Evans Farms Inc (BOBE): Sandell Asset Management Has Some Bones to Pick Following Investor Call

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Page 16 of 20 SEC Filing
(viii) MLIS:
(a) As of the date hereof, MLIS may be deemed the beneficial owner of 0 shares of Common Stock.
Percentage: Approximately 0% as of the date hereof.
(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 0 shares of Common Stock
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 0 shares of Common Stock
(ix) SIS:
(a) As of the date hereof, SIS may be deemed the beneficial owner of 0 shares of Common Stock.
Percentage: Approximately 0% as of the date hereof.
(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 0 shares of Common Stock
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 0 shares of Common Stock
(x) SAMC:
(a) As of the date hereof, SAMC may be deemed the beneficial owner of 1,377,561 shares of Common Stock.
Percentage: Approximately 7.0% as of the date hereof.
(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 1,377,561 shares of Common Stock
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 1,377,561 shares of Common Stock
(xi) Mr. Sandell:
(a) As of the date hereof, Mr. Sandell may be deemed the beneficial owner of 1,377,561 shares of Common Stock.
Percentage: Approximately 7.0% as of the date hereof.
(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 1,377,561 shares of Common Stock
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 1,377,561 shares of Common Stock
The Reporting Persons may be deemed to have formed a “group” within the meaning of Section 13(d)(3) of the Exchange Act and may be deemed to beneficially own an aggregate of 1,377,561 shares of Common Stock, constituting approximately 6.6% of the shares of Common Stock outstanding.
(b) By virtue of investment management agreements with Castlerigg Master Investment and CAI Master, SAMC has the power to vote or direct the voting, and to dispose or direct the disposition, of all of the 1,377,561 shares of Common Stock beneficially owned by Castlerigg Master Investment and CAI Master.  By virtue of his direct and indirect control of SAMC, Mr. Sandell is deemed to have shared voting power and shared dispositive power with respect to all Common Stock as to which SAMC has voting power or dispositive power.
(c) Information concerning all transactions in the securities of the Issuer effected by the Reporting Persons during the past 60 days is set forth in Schedule B.  Unless otherwise indicated, all of such transactions were effected in the open market.
(e) As of December 31, 2015, the CAI Fund, CAI Intermediate, and CAI Master ceased to be beneficial owners of the Common Stock. As of January 27, 2016, MLIS and SIS ceased to be beneficial owners of the Common Stock.  This Amendment No. 14 constitutes an exit filing for the foregoing Reporting Persons.

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