Filing Details

Accession Number:
0001193125-19-032253
Form Type:
13G Filing
Publication Date:
2019-02-08 16:15:30
Filed By:
Edwards Jeffrey W.
Company:
Installed Building Products Inc. (NYSE:IBP)
Filing Date:
2019-02-08
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Jeffrey W. Edwards 100,159 7,139,237 100,159 7,139,237 7,239,396 23.2%
IBP Holding Company 0 3,877,819 0 3,877,819 3,877,819 12.4%
PJAM IBP Holdings, Inc 0 3,877,819 0 3,877,819 3,877,819 12.4%
Installed Building Systems, Inc 0 2,741,194 0 2,741,194 2,741,194 8.8%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

 

 

INSTALLED BUILDING PRODUCTS, INC.

(Name of Issuer)

Common Stock, par value $0.01

(Title of Class of Securities)

45780R101

(CUSIP Number)

December 31, 2018

(Date of Event which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

* 

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).

 

 

 


CUSIP No. 45780R101

 

  1.   

NAMES OF REPORTING PERSONS

 

Jeffrey W. Edwards

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC USE ONLY

 

    

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States of America

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

100,159

   6.   

SHARED VOTING POWER

 

7,139,237

   7.   

SOLE DISPOSITIVE POWER

 

100,159

   8.   

SHARED DISPOSITIVE POWER

 

7,139,237

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

7,239,396 (See Item 4(a))

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)  ☐

 

    

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

23.2% (See Item 4(b))

12.  

TYPE OF REPORTING PERSON (see instructions)

 

IN

2


CUSIP No. 45780R101

 

  1.   

NAMES OF REPORTING PERSONS

 

IBP Holding Company

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC USE ONLY

 

    

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Ohio

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

3,877,819

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

3,877,819

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,877,819 (See Item 4(a))

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)  ☐

 

    

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

12.4% (See Item 4(b))

12.  

TYPE OF REPORTING PERSON (see instructions)

 

HC

 

3


CUSIP No. 45780R101

 

  1.   

NAMES OF REPORTING PERSONS

 

PJAM IBP Holdings, Inc.

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC USE ONLY

 

    

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Ohio

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

3,877,819

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

3,877,819

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,877,819 (See Item 4(a))

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)  ☐

 

    

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

12.4% (See Item 4(b))

12.  

TYPE OF REPORTING PERSON (see instructions)

 

CO

 

4


CUSIP No. 45780R101

 

  1.   

NAMES OF REPORTING PERSONS

 

Installed Building Systems, Inc.

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC USE ONLY

 

    

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

2,741,194

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

2,741,194

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,741,194 (See Item 4(a))

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)  ☐

 

    

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

8.8% (See Item 4(b))

12.  

TYPE OF REPORTING PERSON (see instructions)

 

CO

 

5


CUSIP No. 45780R101

 

Item 1.
  (a)    Name of Issuer
     Installed Building Products, Inc.
  (b)    Address of Issuers Principal Executive Offices
    

495 S. High Street, Suite 50

Columbus, OH 43215

 

Item 2.
  (a)    Name of Person Filing
     This statement is filed by:
    

Mr. Jeffrey W. Edwards;

IBP Holding Company (IBP Holding);

PJAM IBP Holdings, Inc. (PJAM); and

Installed Building Systems, Inc. (IBS and, together with IBP Holding and PJAM, the Edwards Entities);

     Mr. Edwards and the Edwards Entities have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 99.1, pursuant to which they have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Act.
  (b)    Address of the Principal Office or, if none, residence
     For Mr. Edwards and each Edwards Entity:
    

c/o Installed Building Products, Inc.

495 South High Street, Suite 50

Columbus, OH 43215

  (c)    Citizenship
    

Mr. Edwards is a citizen of the United States of America. IBP Holding and PJAM are corporations incorporated under the laws of the State of Ohio. Installed Building Systems, Inc. is a corporation incorporated under the laws of the State of Delaware.

  (d)    Title of Class of Securities
     Common Stock, par value $0.01
  (e)    CUSIP Number
     45780R101

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

Not Applicable

6


CUSIP No. 45780R101

 

Item 4.

Ownership.

 

Jeffrey W. Edwards

    

(a) Amount beneficially owned: 7,239,396

(b) Percent of class: 23.2%*

(c)(i) Sole power to vote or to direct the vote: 100,159

(c)(ii) Shared power to vote or to direct the vote: 7,139,237

(c)(iii) Sole power to dispose or to direct the disposition of: 100,159

(c)(iv) Shared power to dispose or to direct the disposition of: 7,139,237

Mr. Edwards controls voting and disposition decisions with respect to the shares directly held by PJAM and IBS. Additionally, Mr. Edwards may be deemed to have shared power to vote or dispose of 520,224 shares held in trusts for the benefit of Mr. Edwards children. Judson S. Millhon, Jr. is the trustee of the trusts.

IBP Holding Company

  
    

(a) Amount beneficially owned: 3,877,819

(b) Percent of class: 12.4%*

(c)(i) Sole power to vote or to direct the vote: 0

(c)(ii) Shared power to vote or to direct the vote: 3,877,819

(c)(iii) Sole power to dispose or to direct the disposition of: 0

(c)(iv) Shared power to dispose or to direct the disposition of: 3,877,819

IBP Holding is the sole shareholder of PJAM and is deemed to have voting and dispositive power over the shares directly held by PJAM.
PJAM IBP Holdings, Inc.   
    

(a) Amount beneficially owned: 3,877,819

(b) Percent of class: 12.4%*

(c)(i) Sole power to vote or to direct the vote: 0

(c)(ii) Shared power to vote or to direct the vote: 3,877,819

(c)(iii) Sole power to dispose or to direct the disposition of: 0

(c)(iv) Shared power to dispose or to direct the disposition of: 3,877,819

Installed Building Systems, Inc.
    

(a) Amount beneficially owned: 2,741,194

(b) Percent of class: 8.8%*

(c)(i) Sole power to vote or to direct the vote: 0

(c)(ii) Shared power to vote or to direct the vote: 2,741,194

(c)(iii) Sole power to dispose or to direct the disposition of: 0

(c)(iv) Shared power to dispose or to direct the disposition of: 2,741,194

 

*

The percentage amount is based on 31,224,974 shares of Common Stock outstanding as of October 26, 2018 as indicated by the Issuers Form 10-Q filed with the Securities and Exchange Commission for the quarter ended September 30, 2018.

 

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.

Not Applicable

7


CUSIP No. 45780R101

 

Item 8.

Identification and Classification of Members of the Group.

Not Applicable

 

Item 9.

Notice of Dissolution of Group.

Not Applicable

 

Item 10.

Certification.

Not Applicable

8


CUSIP No. 45780R101

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: February 7, 2019   

/s/ Jeffrey W. Edwards

   Jeffrey W. Edwards (Individually)

 

  IBP HOLDING COMPANY
  By:  

/s/ Jeffrey W. Edwards

   

Jeffrey W. Edwards

   

President

  PJAM IBP HOLDINGS, INC.
  By:  

/s/ Jeffrey W. Edwards

   

Jeffrey W. Edwards

   

President

  INSTALLED BUILDING SYSTEMS, INC.
  By:  

/s/ Jeffrey W. Edwards

   

Jeffrey W. Edwards

   

President

 

9