Filing Details
- Accession Number:
- 0000929638-22-001272
- Form Type:
- 13D Filing
- Publication Date:
- 2022-08-04 20:00:00
- Filed By:
- Greenlight Capital
- Company:
- Green Brick Partners Inc. (NASDAQ:GRBK)
- Filing Date:
- 2022-08-05
- 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 |
---|---|---|---|---|---|---|
Greenlight Capital, Inc | 0 | 8,348,478 | 0 | 8,348,478 | 8,348,478 | 18.1% |
DME Advisors GP | 0 | 8,561,483 | 0 | 8,561,483 | 8,561,483 | 18.6% |
DME Advisors | 0 | 2,740,190 | 0 | 2,740,190 | 2,740,190 | 6.0% |
DME Capital Management | 0 | 5,821,293 | 0 | 5,821,293 | 5,821,293 | 12.6% |
David Einhorn | 517,629 | 16,909,961 | 517,629 | 16,909,961 | 17,427,590 | 37.9% |
Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | | |
| ||
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 18)*
Green Brick Partners, Inc. |
(Name of Issuer) |
Shares of Common Stock, par value $0.01 per share |
(Title of Class of Securities) |
392709101 |
(CUSIP Number) |
Greenlight Capital, Inc. 140 East 45th Street, Floor 24 New York, New York 10017 Tel. No.: (212) 973-1900 Attention: Chief Operating Officer |
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
- with copies to - Barry N. Hurwitz Morgan, Lewis & Bockius LLP One Federal Street Boston, MA 02110 (617) 951-8000 |
August 3, 2022 |
(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the
schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
* 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 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).
1 | Names of Reporting Persons. Greenlight Capital, Inc. | |
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): AF, WC, OO | |
5 | Check if disclosure of legal proceedings 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 8,348,478 | ||
9 Sole Dispositive Power 0 | ||
10 Shared Dispositive Power 8,348,478 | ||
11 | Aggregate Amount Beneficially Owned by Each Reporting Person 8,348,478 | |
12 | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] | |
13 | Percent of Class Represented by Amount in Row (11) 18.1% | |
14 | Type of Reporting Person (See Instructions) CO |
1 | Names of Reporting Persons. DME Advisors GP, LLC | |
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): AF, WC, OO | |
5 | Check if disclosure of legal proceedings 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 8,561,483 | ||
9 Sole Dispositive Power 0 | ||
10 Shared Dispositive Power 8,561,483 | ||
11 | Aggregate Amount Beneficially Owned by Each Reporting Person 8,561,483 | |
12 | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] | |
13 | Percent of Class Represented by Amount in Row (11) 18.6% | |
14 | Type of Reporting Person (See Instructions) OO |
1 | Names of Reporting Persons. DME Advisors, 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): AF, WC, OO | |
5 | Check if disclosure of legal proceedings 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 2,740,190 | ||
9 Sole Dispositive Power 0 | ||
10 Shared Dispositive Power 2,740,190 | ||
11 | Aggregate Amount Beneficially Owned by Each Reporting Person 2,740,190 | |
12 | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] | |
13 | Percent of Class Represented by Amount in Row (11) 6.0% | |
14 | Type of Reporting Person (See Instructions) PN |
1 | Names of Reporting Persons. DME Capital Management, LP | |
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): AF, WC, OO | |
5 | Check if disclosure of legal proceedings 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 5,821,293 | ||
9 Sole Dispositive Power 0 | ||
10 Shared Dispositive Power 5,821,293 | ||
11 | Aggregate Amount Beneficially Owned by Each Reporting Person 5,821,293 | |
12 | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] | |
13 | Percent of Class Represented by Amount in Row (11) 12.6% | |
14 | Type of Reporting Person (See Instructions) PN |
1 | Names of Reporting Persons. David Einhorn | |
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): AF, WC, OO | |
5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e): [ ] | |
6 | Citizenship or Place of Organization. USA | |
Number of Shares Beneficially Owned by Each Reporting Person With | 7 Sole Voting Power 517,629 | |
8 Shared Voting Power 16,909,961 | ||
9 Sole Dispositive Power 517,629 | ||
10 Shared Dispositive Power 16,909,961 | ||
11 | Aggregate Amount Beneficially Owned by Each Reporting Person 17,427,590 | |
12 | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] | |
13 | Percent of Class Represented by Amount in Row (11) 37.9% | |
14 | Type of Reporting Person (See Instructions) IN |
AMENDMENT NO. 18 TO SCHEDULE 13D
This Amendment No. 18 to Schedule 13D (the “Amendment”), relating to shares of common stock, par value $0.01 per share (“Common Stock”), of Green Brick Partners, Inc.
(f/k/a BioFuel Energy Corp.), a Delaware corporation (the “Issuer” or the “Company”), 2805 Dallas Parkway, Suite 400, Plano, Texas 75093, amends and supplements the Schedule 13D originally filed with the Securities and Exchange Commission (the
“Commission”) on June 26, 2007, as amended by Amendment No. 1 filed with the Commission on May 4, 2010, Amendment No. 2 filed with the Commission on September 27, 2010, Amendment No. 3 filed with the Commission on September 27, 2010, Amendment No.
4 filed with the Commission on December 17, 2010, Amendment No. 5 filed with the Commission on February 8, 2011, Amendment No. 6 filed with the Commission on April 8, 2011, Amendment No. 7 filed with the Commission on September 6, 2012, Amendment
No. 8 filed with the Commission on March 28, 2014, Amendment No. 9 filed with the Commission on June 13, 2014, Amendment No. 10 filed with the Commission on July 16, 2014, Amendment No. 11 filed with the Commission on October 29, 2014, Amendment
No. 12 filed with the Commission on July 1, 2015, Amendment No. 13 filed with the Commission on November 16, 2017, Amendment No. 14 filed with the Commission on July 5, 2018, Amendment No. 15 filed with the Commission on January 27, 2021, Amendment
No. 16 filed with the Commission on February 10, 2021 and Amendment No. 17 filed with the Commission on May 6, 2022.
This Amendment is being filed on behalf of Greenlight Capital, Inc., a Delaware corporation (“Greenlight Inc.”), DME Advisors GP, LLC, a Delaware limited liability company
(“Advisors GP”), DME Advisors, L.P., a Delaware limited partnership of which Advisors GP is the general partner (“Advisors”), DME Capital Management, LP, a Delaware limited partnership of which Advisors GP is the general partner (“DME CM”), and Mr.
David Einhorn (the “Principal” and, together with Greenlight Inc., Advisors GP, Advisors and DME CM, the “Reporting Persons”). Mr. Einhorn is the principal of each of Greenlight Inc., Advisors GP, Advisors and DME CM. Mr. Einhorn is also a
Director of the Issuer.
Greenlight Inc. acts as investment advisor for Greenlight Capital Offshore Partners, Ltd. (“GCOP, Ltd.”). DME CM acts as investment advisor for Greenlight Capital
Offshore Master, Ltd. (“GCOM”) and manages a portfolio for a private fund (the “Sub-Account”). DME acts as investment advisor for Solasglas Investments, LP (“SILP”). GCOP, Ltd., GCOM, the Sub-Account,
SILP and the Reporting Persons are referred to herein collectively as “Greenlight.”
The filing of this Amendment shall not be construed as an admission that any of the Reporting Persons is for the purposes of Section 13(d) or 13(g) of the Securities
Exchange Act of 1934, the beneficial owner of any of the shares of Common Stock reported herein. Pursuant to Rule 13d-4, each of the Reporting Persons disclaims all such beneficial ownership except to the extent of its pecuniary interest in any
such shares, if applicable.
Unless otherwise indicated, all capitalized terms used herein but not defined herein shall have the same meanings as set forth in this Schedule 13D, as previously amended.
There has been no change in the number of shares beneficially owned by the Reporting Persons. Due solely to a change in the number of shares of Common Stock outstanding, this Amendment is being filed to amend and supplement Item 5 as follows:
Item 5. Interest in Securities of the Issuer
(a) and (b) See Items 7-13 of the cover pages.
The percentages reported herein are based on a statement in the Quarterly Report on Form 10-Q filed by the Issuer with the SEC on August 3, 2022 that there were 46,038,556
shares of Common Stock outstanding as of July 29, 2022.
(c) On June 30, 2022, GCOP, Ltd. made an in-kind distribution of 131,850 shares of Common Stock to Mr. Einhorn. Such distribution resulted only in a change in the form of Mr.
Einhorn's beneficial ownership of the shares of Common Stock reported herein.
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: August 5, 2022
Greenlight Capital, Inc.
By: /s/ Daniel Roitman
Daniel Roitman
Chief Operating Officer
DME Advisors GP, L.L.C.
By: /s/ Daniel Roitman
Daniel Roitman
Chief Operating Officer
DME Advisors, L.P.
By: /s/ Daniel Roitman
Daniel Roitman
Chief Operating Officer
DME Capital Management, LP
By: /s/ Daniel Roitman
Daniel Roitman
Chief Operating Officer
/s/ Daniel Roitman**
Daniel Roitman, on behalf of David Einhorn
** The Power of Attorney executed by David Einhorn, authorizing the signatory to sign and file this report on David Einhorn’s behalf, filed as Exhibit 99.1 to the Schedule 13D
filed with the Securities and Exchange Commission on August 29, 2019 by the Reporting Persons with respect to the common units of CONSOL Coal Resources, is hereby incorporated by reference.