Filing Details

Gilat Satellite Networks Ltd.

 

Ordinary Shares, Par Value NIS 0.20 Per Share

 

 M51474118

FIMI IV 2007 Ltd. Alon Towers 2, 94 Yigal Alon St., Tel-Aviv 6789141, Israel  +(972)-3-565-2244

(Name, Address and Telephone Number of Person Authorized to

 

 

 

 

 

 

CUSIP No. M51474118

Page 2 of 12 Pages

1	NAME OF REPORTING PERSONS.  FIMI Opportunity IV, L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)  (a) ☒ (b) ☐
3	SEC USE ONLY
4	SOURCE OF FUNDS (SEE INSTRUCTIONS)   WC
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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   N/A
		8	SHARED VOTING POWER      2,124,984
		9	SOLE DISPOSITIVE POWER    N/A
		10	SHARED DISPOSITIVE POWER      2,124,984
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON      2,124,984
12	CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)      3.8%
14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    PN

 

CUSIP No. M51474118

Page 3 of 12 Pages

1	NAME OF REPORTING PERSONS.  FIMI Israel Opportunity IV, Limited Partnership
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)  (a) ☒ (b) ☐
3	SEC USE ONLY
4	SOURCE OF FUNDS (SEE INSTRUCTIONS)   WC
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)    ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION    Israel
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER   N/A
		8	SHARED VOTING POWER      4,068,569
		9	SOLE DISPOSITIVE POWER    N/A
		10	SHARED DISPOSITIVE POWER      4,068,569
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON      4,068,569
12	CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)      7.3%
14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    PN

CUSIP No. M51474118

Page 4 of 12 Pages

1	NAME OF REPORTING PERSONS.  FIMI Opportunity V, L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)  (a) ☒ (b) ☐
3	SEC USE ONLY
4	SOURCE OF FUNDS (SEE INSTRUCTIONS)   WC
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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   N/A
		8	SHARED VOTING POWER      4,117,047
		9	SOLE DISPOSITIVE POWER    N/A
		10	SHARED DISPOSITIVE POWER      4,117,047
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON      4,117,047
12	CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)      7.4%
14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    PN

 

 

 

CUSIP No. M51474118

Page 7 of 12 Pages

 

CUSIP No. M51474118

Page 8 of 12 Pages

1	NAME OF REPORTING PERSONS.  Ishay Davidi
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)  (a) ☒ (b) ☐
3	SEC USE ONLY
4	SOURCE OF FUNDS (SEE INSTRUCTIONS)   OO
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)    ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION    Israel
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER   N/A
		8	SHARED VOTING POWER      14,901,865
		9	SOLE DISPOSITIVE POWER    N/A
		10	SHARED DISPOSITIVE POWER      14,901,865
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON      14,901,865
12	CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)      26.8%
14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    IN

The undersigned, FIMI Opportunity IV, L.P. (“FIMI Opportunity IV”), FIMI Israel Opportunity IV, Limited Partnership (“FIMI Israel Opportunity IV”), FIMI Opportunity V, L.P. (“FIMI Opportunity V”),  FIMI Israel Opportunity Five, Limited Partnership (“FIMI Israel Opportunity V” and together with FIMI Opportunity IV, FIMI Israel Opportunity IV and  FIMI Opportunity V, the “FIMI Funds”), FIMI IV 2007 Ltd., FIMI FIVE 2012 Ltd., Shira and Ishay Davidi Management Ltd. and Mr. Ishay Davidi (together, the “Reporting Persons”), hereby file this Amendment No. 8 to Schedule 13D (the “Amendment”), which amends the Schedule 13D originally filed on September 17, 2012, Amendment No. 1 to Schedule 13D originally filed on November 13, 2012, Amendment No. 2 to Schedule 13D originally filed on November 15, 2012, Amendment No. 3 to Schedule 13D originally filed on February 4, 2014, Amendment No. 4 to Schedule 13D originally filed on September 17, 2014, Amendment No. 5 to Schedule 13D originally filed on November 29, 2014, Amendment No. 6 to Schedule 13D originally filed on April 7, 2016, Amendment No. 7 to Schedule 13D originally filed on July 11, 2019 and Amendment No. 8 to Schedule 13D originally filed on January 30, 2020 by the Reporting Persons with the Securities and Exchange Commission (the “SEC”), with respect to the Ordinary Shares, par value NIS 0.20 per share (the “Ordinary Shares”), of Gilat Satellite Networks Ltd., an Israeli company (“Gilat”).  The Amendment amends and supplements Items 4 and 5 of the Schedule 13D.

Item 4.

Purpose of Transaction

Item 5.

Interest in Securities of the Issuer

(a)          The calculations included herein are based on a total of 55,544,762 Ordinary Shares outstanding as of November 16, 2020, as reported by Gilat on Form 6-K filed with the SEC on November 23, 2020.

 

As of February 18, 2021, FIMI Opportunity IV directly beneficially owns 2,124,984 Ordinary Shares, representing approximately 3.8% of the Ordinary Shares.

 

As of February 18, 2021, FIMI Israel Opportunity IV directly beneficially owns 4,068,569 Ordinary Shares, representing approximately 7.3% of the Ordinary Shares.

 

As of February 18, 2021, FIMI Opportunity V directly beneficially owns 4,117,047 Ordinary Shares, representing approximately 7.4% of the Ordinary Shares.

 

As of February 18, 2021, FIMI Israel Opportunity V directly beneficially owns 4,591,265 Ordinary Shares, representing approximately 8.3% of the Ordinary Shares.

 

(b)          As of February 18, 2021, FIMI Opportunity IV shares the power to vote and dispose of, the 2,124,984 Ordinary Shares it directly beneficially owns.

 

As of February 18, 2021, FIMI Israel Opportunity IV shares the power to vote and dispose of, the 4,068,569 Ordinary Shares it directly beneficially owns.

 

As of February 18, 2021, FIMI Opportunity V shares the power to vote and dispose of, the 4,117,047 Ordinary Shares it directly beneficially owns.

 

As of February 18, 2021, FIMI Israel Opportunity V shares the power to vote and dispose of, the 4,591,265 Ordinary Shares it directly beneficially owns.

 

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.