Page 8 of 10 – SEC Filing
SCHEDULE 13G
CUSIP NO. 74874U101 PAGE 8 OF 10 PAGES
ANDREW M. WEISS, PH.D.*
(a) Amount Beneficially Owned:
3,824,400
(b) Percent of Class:
8.74%
(c) Number of shares as to which such person
has:
(i) sole power to vote or to direct the
vote:
0
(ii) shared power to vote or to direct the
vote:
3,824,400
(iii)
sole power to dispose or to direct the disposition of:
0
(iv) shared power to dispose or to direct the
disposition of:
3,824,400
* Shares reported for BIP GP include shares beneficially owned by a private investment partnership (the Partnership) of which BIP GP is the sole general partner. Weiss Asset Management is the sole investment
manager to the Partnership. WAM GP is the sole general partner of Weiss Asset Management. Andrew Weiss is the managing member of WAM GP and BIP GP. Shares reported for WAM GP, Andrew Weiss and Weiss Asset Management include shares beneficially owned
by the Partnership (and reported above for BIP GP).
Each of BIP GP, WAM GP, Weiss Asset Management, and Andrew Weiss disclaims beneficial
ownership of the shares reported herein as beneficially owned by each except to the extent of their respective pecuniary interest therein. The percent of class computations are based on 43,750,000 shares of common stock issued and outstanding as of
August 15, 2016, as reported in the Form 10-Q of the Issuer, which was filed with the SEC on August 15, 2016.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report
the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON
See Item 4.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable
SCHEDULE 13G
| CUSIP NO. 74874U101 | PAGE 8 OF 10 PAGES |
| ANDREW M. WEISS, PH.D.* |
| (a) Amount Beneficially Owned: | 3,824,400 | |
| (b) Percent of Class: | 8.74% | |
| (c) Number of shares as to which such person | ||
| (i) sole power to vote or to direct the | 0 | |
| (ii) shared power to vote or to direct the | 3,824,400 | |
| (iii) | 0 | |
| (iv) shared power to dispose or to direct the | 3,824,400 | |
| * | Shares reported for BIP GP include shares beneficially owned by a private investment partnership (the Partnership) of which BIP GP is the sole general partner. Weiss Asset Management is the sole investment manager to the Partnership. WAM GP is the sole general partner of Weiss Asset Management. Andrew Weiss is the managing member of WAM GP and BIP GP. Shares reported for WAM GP, Andrew Weiss and Weiss Asset Management include shares beneficially owned by the Partnership (and reported above for BIP GP). |
Each of BIP GP, WAM GP, Weiss Asset Management, and Andrew Weiss disclaims beneficial
ownership of the shares reported herein as beneficially owned by each except to the extent of their respective pecuniary interest therein. The percent of class computations are based on 43,750,000 shares of common stock issued and outstanding as of
August 15, 2016, as reported in the Form 10-Q of the Issuer, which was filed with the SEC on August 15, 2016.
| ITEM 5. | OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS |
If this statement is being filed to report
the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
| ITEM 6. | OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON |
Not Applicable
| ITEM 7. | IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON |
See Item 4.
| ITEM 8. | IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP |
Not Applicable