Filing Details

Accession Number:
0001193125-21-003328
Form Type:
13D Filing
Publication Date:
2021-01-06 17:20:58
Filed By:
Senator Investment Group
Company:
Corelogic Inc. (NYSE:CLGX)
Filing Date:
2021-01-06
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
Senator Investment Group 0 4,906,169 0 4,906,169 4,906,169 6.31%
Senator Management 0 4,906,169 0 4,906,169 4,906,169 6.31%
Senator GP 0 4,906,169 0 4,906,169 4,906,169 6.31%
Senator Master GP 0 4,906 0 4,906,169 4,906,169 6.31%
Douglas Silverman 0 4,906,169 0 4,906,169 4,906,169 6.31%
Cannae Holdings, Inc 0 4,906,169 0 4,906,169 4,906,169 6.31%
Cannae Holdings 0 4,906,169 0 4,906,169 4,906,169 6.31%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 9)

 

 

CoreLogic, Inc.

(Name of Issuer)

Common Stock, par value $0.00001 per share

(Title of Class of Securities)

21871D103

(CUSIP Number)

 

Evan Gartenlaub   Michael L. Gravelle
General Counsel   Executive Vice President, General Counsel and
Senator Investment Group LP   Corporate Secretary
510 Madison Avenue, 28th Floor   Cannae Holdings, Inc.
New York, New York 10022   1701 Village Center Circle
(212) 376-4300   Las Vegas, NV 89134
  (703) 323-7330

With a copy to:

 

Richard M. Brand   Michael J. Aiello
Stephen Fraidin   Eoghan P. Keenan
Joshua A. Apfelroth   Weil, Gotshal & Manges LLP
Cadwalader, Wickersham & Taft LLP   767 5th Avenue
200 Liberty Street   New York, New York 10153
New York, New York 10281   (212) 310-8000
(212) 504-6000  

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

January 5, 2021

(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 Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box.  ☐

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).

 

 

 

(Page 1 of 12 Pages)


CUSIP No. 21871D103    SCHEDULE 13D    Page 2 of 12 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  Senator Investment Group LP

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  AF

  5  

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     7     

  SOLE VOTING POWER

 

  -0-

     8   

  SHARED VOTING POWER

 

  4,906,169

     9   

  SOLE DISPOSITIVE POWER

 

  -0-

   10   

  SHARED DISPOSITIVE POWER

 

  4,906,169

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  4,906,169

12  

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☐

13  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  6.31%(1)

14  

  TYPE OF REPORTING PERSON

 

  IA, PN

 

(1) 

Calculated based on 77,778,688 shares of common stock, $0.00001 par value per share (the Common Stock), of CoreLogic, Inc. (the Issuer), outstanding as of October 28, 2020, as reported in the Issuers Quarterly Report on Form 10-Q filed on November 4, 2020.


CUSIP No. 21871D103    SCHEDULE 13D    Page 3 of 12 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  Senator Management LLC

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  AF

  5  

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     7     

  SOLE VOTING POWER

 

  -0-

     8   

  SHARED VOTING POWER

 

  4,906,169

     9   

  SOLE DISPOSITIVE POWER

 

  -0-

   10   

  SHARED DISPOSITIVE POWER

 

  4,906,169

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  4,906,169

12  

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☐

13  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  6.31%(1)

14  

  TYPE OF REPORTING PERSON

 

  OO

 

(1) 

Calculated based on 77,778,688 shares of Common Stock, outstanding as of October 28, 2020, as reported in the Issuers Quarterly Report on Form 10-Q filed on November 4, 2020.


CUSIP No. 21871D103    SCHEDULE 13D    Page 4 of 12 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  Senator GP LLC

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  AF

  5  

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     7     

  SOLE VOTING POWER

 

  -0-

     8   

  SHARED VOTING POWER

 

  4,906,169

     9   

  SOLE DISPOSITIVE POWER

 

  -0-

   10   

  SHARED DISPOSITIVE POWER

 

  4,906,169

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  4,906,169

12  

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☐

13  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  6.31%(1)

14  

  TYPE OF REPORTING PERSON

 

  OO

 

(1) 

Calculated based on 77,778,688 shares of Common Stock, outstanding as of October 28, 2020, as reported in the Issuers Quarterly Report on Form 10-Q filed on November 4, 2020.


CUSIP No. 21871D103    SCHEDULE 13D    Page 5 of 12 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  Senator Master GP LLC

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  AF

  5  

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     7     

  SOLE VOTING POWER

 

  -0-

     8   

  SHARED VOTING POWER

 

  4,906.169

     9   

  SOLE DISPOSITIVE POWER

 

  -0-

   10   

  SHARED DISPOSITIVE POWER

 

  4,906,169

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  4,906,169

12  

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☐

13  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  6.31%(1)

14  

  TYPE OF REPORTING PERSON

 

  OO

 

(1) 

Calculated based on 77,778,688 shares of Common Stock, outstanding as of October 28, 2020, as reported in the Issuers Quarterly Report on Form 10-Q filed on November 4, 2020.


CUSIP No. 21871D103    SCHEDULE 13D    Page 6 of 12 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  Douglas Silverman

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  AF

  5  

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     7     

  SOLE VOTING POWER

 

  -0-

     8   

  SHARED VOTING POWER

 

  4,906,169

     9   

  SOLE DISPOSITIVE POWER

 

  -0-

   10   

  SHARED DISPOSITIVE POWER

 

  4,906,169

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  4,906,169

12  

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☐

13  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  6.31%(1)

14  

  TYPE OF REPORTING PERSON

 

  IN

 

(1) 

Calculated based on 77,778,688 shares of Common Stock, outstanding as of October 28, 2020, as reported in the Issuers Quarterly Report on Form 10-Q filed on November 4, 2020.


CUSIP No. 21871D103    SCHEDULE 13D    Page 7 of 12 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  Cannae Holdings, Inc.

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  AF

  5  

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     7     

  SOLE VOTING POWER

 

  -0-

     8   

  SHARED VOTING POWER

 

  4,906,169

     9   

  SOLE DISPOSITIVE POWER

 

  -0-

   10   

  SHARED DISPOSITIVE POWER

 

  4,906,169

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  4,906,169

12  

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☐

13  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  6.31%(1)

14  

  TYPE OF REPORTING PERSON

 

  CO

 

(1) 

Calculated based on 77,778,688 shares of Common Stock, outstanding as of October 28, 2020, as reported in the Issuers Quarterly Report on Form 10-Q filed on November 4, 2020.


CUSIP No. 21871D103    SCHEDULE 13D    Page 8 of 12 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  Cannae Holdings, LLC

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  WC

  5  

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     7     

  SOLE VOTING POWER

 

  -0-

     8   

  SHARED VOTING POWER

 

  4,906,169

     9   

  SOLE DISPOSITIVE POWER

 

  -0-

   10   

  SHARED DISPOSITIVE POWER

 

  4,906,169

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  4,906,169

12  

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☐

13  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  6.31%(1)

14  

  TYPE OF REPORTING PERSON

 

  OO

 

(1) 

Calculated based on 77,778,688 shares of Common Stock, outstanding as of October 28, 2020, as reported in the Issuers Quarterly Report on Form 10-Q filed on November 4, 2020.


CUSIP No. 21871D103    SCHEDULE 13D    Page 9 of 12 Pages

 

This Amendment No. 9 to Schedule 13D (this Amendment No. 9) relates to the Schedule 13D filed on June 30, 2020 (the Initial 13D and, as amended and supplemented through the date of this Amendment No. 9, collectively, the Schedule 13D) by the Reporting Persons, relating to the Common Stock of the Issuer. Capitalized terms used but not defined in this Amendment No. 9 shall have the meaning set forth in the Schedule 13D. This Amendment No. 9 amends and supplements Items 5 and 6 as set forth below.

 

Item 5.

INTEREST IN SECURITIES OF THE ISSUER

Item 5 of the Schedule 13D is hereby amended and supplemented by adding the following information:

(a) See rows (11) and (13) of the cover pages to this Schedule 13D, which are incorporated by reference herein, for the aggregate number of shares of Common Stock and the percentage of the Common Stock beneficially owned by each of the Reporting Persons. The percentage reported in this Schedule 13D is calculated based upon the 77,778,688 shares of Common Stock outstanding as of October 28, 2020, as reported in the Issuers Quarterly Report on Form 10-Q filed on November 4, 2020. To Cannaes and Cannae Holdings knowledge, none of the Scheduled Persons beneficially own any shares of Common Stock.

(b) See rows (7) through (10) of the cover pages to this Schedule 13D, which are incorporated by reference herein, for the number of shares of Common Stock as to which each Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition.

(c) Except as set forth on Schedule 1 attached hereto, there have been no transactions in the shares of Common Stock since the filing of Amendment No. 8 by any of the Reporting Persons or, to the knowledge of the Reporting Persons, any of the Scheduled Persons.

 

Item 6.

CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER

Item 6 of the Schedule 13D is hereby amended and supplemented by adding the following information:

Between December 22, 2020 and December 23, 2020, Senator Focused Strategies LP submitted notices to the counterparties of the Total Return Swaps for physical settlement of Total Return Swaps referencing an aggregate of 11,000 shares of Common Stock. As a result of such settlements, Senator Focused Strategies LP remains a party to Total Return Swaps referencing 110,090 shares of Common Stock.


CUSIP No. 21871D103    SCHEDULE 13D    Page 10 of 12 Pages

 

SIGNATURES

After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Date: January 6, 2021
SENATOR INVESTMENT GROUP LP

/s/ Evan Gartenlaub

Name: Evan Gartenlaub

Title:   General Counsel

SENATOR MANAGEMENT LLC

/s/ Evan Gartenlaub

Name: Evan Gartenlaub

Title:   General Counsel

SENATOR GP LLC

/s/ Evan Gartenlaub

Name: Evan Gartenlaub

Title:   General Counsel

SENATOR MASTER GP LLC

/s/ Evan Gartenlaub

Name: Evan Gartenlaub

Title:   General Counsel

/s/ Evan Gartenlaub as Attorney-in-Fact*

DOUGLAS SILVERMAN
CANNAE HOLDINGS, INC.

/s/ Michael L. Gravelle

Name: Michael L. Gravelle

Title:   Executive Vice President, General Counsel and

            Corporate Secretary

CANNAE HOLDINGS, LLC

/s/ Michael L. Gravelle

Name: Michael L. Gravelle

Title:   Managing Director, General Counsel and Corporate

            Secretary

 

*

Pursuant to a Power of Attorney attached to the Schedule 13G filed on April 24, 2013 by Senator Investment Group LP in respect of its ownership in Tamino Corporation.


CUSIP No. 21871D103    SCHEDULE 13D    Page 11 of 12 Pages

 

Schedule I

TRADING DATA

 

Name

   Trade
Date
     Buy/Sell      No. of
Shares /
Quantity
     Unit Cost     Strike
Price
     Trade
Amount
     Security      Expiration
Date
 

Senator Focused Strategies LP

     12/23/2020        Sell to close        9,375      $ 77.4572 (a)      N/A      $ 726,161.25        Common Stock        N/A  

SGOM

     12/23/2020        Sell to close        6,077      $ 77.4572 (a)      N/A      $ 470,707.40        Common Stock        N/A  

Senator Focused Holdings

     12/23/2020        Sell to close        2,119      $ 77.4572 (a)      N/A      $ 164,131.81        Common Stock        N/A  

SGOM

     12/24/2020        Sell to Close        14,700      $ 77.4572 (b)      N/A      $ 1,138,620.84        Common Stock        N/A  

SGOM

     12/28/2020        Sell to Close        7,013      $ 77.2755 (c)      N/A      $ 541,933.08        Common Stock        N/A  

Senator Focused Strategies LP

     12/28/2020        Sell to Close        3,283      $ 77.2755 (c)      N/A      $ 253,695.47        Common Stock        N/A  

SGOM

     12/30/2020        Sell to Close        15,599      $ 77.1007 (d)      N/A      $ 1,202,693.82        Common Stock        N/A  

Senator Focused Holdings

     12/30/2020        Sell to Close        7,301      $ 77.1007 (d)      N/A      $ 562,912.21        Common Stock        N/A  

SGOM

     12/31/2020        Sell to Close        23,523      $ 77.2881 (e)      N/A      $ 1,818,047.98        Common Stock        N/A  

Senator Focused Holdings LP

     12/31/2020        Sell to Close        11,010      $ 77.2881 (e)      N/A      $ 850,941.98        Common Stock        N/A  

Senator Global Opportunity Master Fund LP

     1/4/2021        Sell to Close        30,804      $ 77.3364 (f)      N/A      $ 2,382,270.47        Common Stock        N/A  

Senator Focused Holdings LP

     1/4/2021        Sell to Close        14,417      $ 77.3364 (f)      N/A      $ 1,114,958.88        Common Stock        N/A  

Senator Global Opportunity Master Fund LP

     1/4/2021        Sell to Close        136      $ 78.17 (f)      N/A      $ 10,631.12        Common Stock        N/A  

Senator Focused Holdings LP

     1/4/2021        Sell to Close        64      $ 78.17 (f)      N/A      $ 5,002.88        Common Stock        N/A  

Senator Global Opportunity Master Fund LP

     1/5/2021        Sell to Close        1,161,132      $ 74.34       N/A      $ 86,318,552.88        Common Stock        N/A  

Senator Focused Holdings LP

     1/5/2021        Sell to Close        838,868      $ 74.34       N/A      $ 62,361,447.12        Common Stock        N/A  

Senator Global Opportunity Master Fund LP

     1/6/2021        Sell to Close        61,066      $ 75.48 (g)      N/A      $ 4,609,261.68        Common Stock        N/A  

Senator Focused Holdings LP

     1/6/2021        Sell to Close        31,434      $ 75.48 (g)      N/A      $ 2,372,638.32        Common Stock        N/A  

CUSIP No. 21871D103    SCHEDULE 13D    Page 12 of 12 Pages

 

(a)

The price above represent the weighted average purchase price. Trades were executed at prices ranging from $77.30 $77.51.

(b)

The price above represent the weighted average purchase price. Trades were executed at prices ranging from $77.25 $77.73.

(c)

The price above represent the weighted average purchase price. Trades were executed at prices ranging from $77.00 $77.43.

(d)

The price above represent the weighted average purchase price. Trades were executed at prices ranging from $77.00 $77.27.

(e)

The price above represent the weighted average purchase price. Trades were executed at prices ranging from $77.00 $77.50.

(f)

The price above represent the weighted average purchase price. Trades were executed at prices ranging from $77.00 $77.93.

(g)

The price above represent the weighted average purchase price. Trades were executed at prices ranging from $75.18 $75.75.