Filing Details
- Accession Number:
- 0001104659-22-002896
- Form Type:
- 13G Filing
- Publication Date:
- 2022-01-10 19:00:00
- Filed By:
- Parnassus Investments, Llc
- Company:
- Angi Inc. (NASDAQ:ANGI)
- Filing Date:
- 2022-01-11
- SEC Url:
- 13G Filing
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 |
---|---|---|---|---|---|---|
Parnassus Investments | 13,711,052 | 0 | 13,711,052 | 0 | 13,711,052 | 17.06% |
UNDER THE SECURITIES EXCHANGE ACT OF 1934
ANGI
Inc. |
(Name of Issuer) |
Class A Common Stock, par value $0.001 per share |
(Title of Class of Securities) |
00183L102 |
(CUSIP Number) |
December 31, 2021 |
(Date of Event Which Requires Filing of this Statement) |
x | 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 person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in 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 4 PAGES
CUSIP NO. 00183L102 | PAGE 2 OF 4 PAGES |
1 | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | ||||
Parnassus Investments, LLC 87-2269073 | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | ||||
(a) ¨ | |||||
(b) ¨ | |||||
3 | SEC
USE ONLY | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
San Francisco, California - U.S.A. | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | |||
13,711,052 1 | |||||
6 | SHARED VOTING POWER | ||||
0 | |||||
7 | SOLE DISPOSITIVE POWER | ||||
13,711,052 | |||||
8 | SHARED DISPOSITIVE POWER | ||||
0 | |||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
13,711,052 | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ||||
☐ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | ||||
17.06% 2 | |||||
12 | TYPE OF REPORTING PERSON* | ||||
IA | |||||
1. | Because each share of Class A Common Stock is entitled to one vote per share and each share of Class B Common Stock generally is entitled to ten votes per share, and the Reporting Person only holds Class A Common Stock, the Reporting Person beneficially owns equity securities of ANGI Inc. representing approximately only 0.32% of the total number of votes of all classes of common stock of ANGI Inc., based on 80,373,715 shares of Class A Common Stock and 422,019,247 shares of Class B Common Stock outstanding as of December 31, 2021. |
2. | Assuming the conversion of all shares of Class B Common Stock, of which the Reporting Person owns none, into shares of Class A Common Stock on a one-for-one basis, the Reporting Person would own only 0.32% of the then outstanding shares of Class A Common Stock, based on 80,373,715 shares of Class A Common Stock and 422,019,247 shares of Class B Common Stock outstanding as of December 31, 2021. |
CUSIP NO. 00183L102 | PAGE 3 OF 4 PAGES |
Item 1(a) | Name of Issuer: |
Item 1(b) | Address of Issuer’s Principal Executive Offices: |
United States
Item 2(a) | Name of Persons Filing: |
Item 2(b) | Address of Principal Business Office or, if none, Residence: |
Item 2(c) | Citizenship: |
Item 2(d) | Title of Class of Securities: |
Item 2(e) | CUSIP Number: |
Item 3 | If the Statement is being filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a: |
CUSIP NO. 00183L102 | PAGE 4 OF 4 PAGES |
Item 4 | Ownership: |
(a) Amount Beneficially Owned: 13,711,052 (b) Percent of Class: 17.06% (c) Number of shares as to which such person has: | |
(i) sole power to vote or direct the vote: 13,711,052
| |
(ii) shared power to vote or direct the vote: 0
| |
(iii) sole
power to dispose or to direct the disposition of: (iv) shared power to dispose or to direct the disposition of: 0 |
Item 5 | Ownership of Five Percent or Less of a Class: |
Item 6 | Ownership of More than Five Percent on Behalf of Another Person: |
Item 7 | Identification and Classification of the Subsidiary which Acquired the
Security Being Reported on by the Parent Holding Company: |
Item 8 | Identification and Classification of Members of the Group: |
Item 9 | Notice of Dissolution of Group |
Item 10 | Certification |
Parnassus Investments, LLC | |||
By: | /s/ Marc C. Mahon | ||
Name: | Marc C. Mahon | ||
Title: | Chief Financial Officer | ||