Filing Details
- Accession Number:
- 0001785675-19-000006
- Form Type:
- 13D Filing
- Publication Date:
- 2019-09-03 15:44:35
- Filed By:
- F9 Investments Llc
- Company:
- Ll Flooring Holdings Inc. (NYSE:LL)
- Filing Date:
- 2019-09-03
- SEC Url:
- 13D 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 |
---|---|---|---|---|---|---|
Thomas D. Sullivan, F9 Investments | 171 | 0 | 171 | 0 | 171 | 5.96 14 TYPE OF REPORTING PERSON (See Instructions) IN Item 1. Security and Issuer This Schedule 13D ( 34Schedule 13D 34) relates to the common stock, par value 0.001 per share (the 34Common Stock 34), of Lumber Liquidators Holdings, Inc., a Delaware corporation (the 34Issuer 34). The principal executive offices of the Issuer are located at 3000 John Deere Road, Toano, Virginia 23168. Item 2. Identity and Background This statement is being filed by Thomas D. Sullivan, a citizen of the United States, and F9 Investments, LLC, a Florida limited liability company. The principal office for the Reporting Persons is 844 Alton Road, Miami Beach, FL 33139. Mr. Sullivan 39s principal employment is as CEO of Cabinets to Go located at 2350 W O Smith Street, Lawrenceburg, TN 38464 and as the Sole Member of F9 Investments LLC, an investment company. During the last five years, none of the Reporting Persons (i) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws. Item 3. Source and Amount of Funds or Other Considerations The source of funding for the transactions pursuant to which the Reporting Persons obtained beneficial ownership of Common Stock was derived from the personal capital of Thomas D. Sullivan. Within the last 60 days, all shares of Common Stock acquired were bought on the open market (transactions are described in Item 5c). The older positions in the security have been held for an extended period by the Reporting Persons and are a long-term investment position. Item 4. Purpose of Transaction Item 4 is hereby amended as follows The Reporting Person would like to explore various options and to propose transactions which relate to or would result in one or more of the actions specified in clauses (a) through (j) of item 4 of Schedule 13D. The reporting person intends to seek to speak with representatives of the issuer 39s board of directors and management, as well as other investors and interested parties, and discuss strategic alternatives including but not limited to (i) a potential sale of the Issuer in which the Reporting Persons may participate and potentially engage in, as a purchaser or investor, and (ii) a potential combination of the Issuer with Cabinets to Go, LLC., a national retailor of kitchen cabinets, flooring, countertops, and installation services wholly owned by the Reporting person. The Reporting Persons and their affiliates may, directly or indirectly, take such additional steps from time to time as they may deem appropriate to further this exploration including, without limitation, (i) engaging in discussions with the Issuer, other stockholders, potential sources of debt and equity financing, advisors, and other relevant parties, and (ii) entering into non-disclosure, financing commitments, and other agreements, arrangements and understanding as may be appropriate, as may be modified from time to time. The Reporting Person will continue to reserve the right, from time to time and at any time (i) acquire additional shares and or other equity, debt, notes, instruments or other securities of the issuer and or its affiliates (collectively, 34Securities 34) in the open market or otherwise (ii) Dispose of any or all of their Securities in the open market or otherwise or (iii) engage in any hedging or similar transactions with respect to the securities. Item 5. Interest in Securities of the Issuer (a) The number of shares that are beneficially owned and the percent of class is in the information set forth on rows 11 and 13 of the cover page of this Schedule 13D which is incorporated by reference. The percent of class is based on the number of outstanding shares, 28,701,000, as indicated on the 10Q filing for Lumber Liquidators Holding, Inc. on August 7, 2019. (b) Thomas D. Sullivan has the sole power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition for the number of shares indicated in the information set forth in rows 7 through 10 of the cover page to this Schedule 13D which is incorporated by reference. (c) In the last 60 days, F9 Investments, LLC acquired 1,346,240 shares of Common Stock between trade dates August 7 to August 16, 2019 with an average price of 7.88 per share. The shares were acquired on the open market. 366,127 shares of Common Stock were held previously as a long-term investment. (d) No person (other than the Reporting Persons) is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock subject to this Schedule 13D. (e) Not applicable Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer F9 Investments, LLC is a Single Member LLC with Thomas D. Sullivan as its Single Member. Thomas D. Sullivan controls 100% |
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