Filing Details
- Accession Number:
- 0001539497-22-001904
- Form Type:
- 13D Filing
- Publication Date:
- 2022-12-12 19:00:00
- Filed By:
- Icahn Capital LP
- Company:
- Crown Holdings Inc. (NYSE:CCK)
- Filing Date:
- 2022-12-13
- SEC Url:
- 13D Filing
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Crown Holdings, Inc.
(Name of Issuer)
Common Stock, Par Value $5.00 per share
(Title of Class of Securities)
228368106
(CUSIP Number)
Jesse A. Lynn
Chief Operating Officer
Icahn Capital LP
16690 Collins Avenue, PH-1
Sunny Isles Beach, FL 33160
(305) 422-4100
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
December 12, 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 ☐.
NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-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).
Item 1. | Security and Issuer. |
This statement on Schedule 13D (this “Schedule 13D”) originally filed with the Securities and Exchange Commission (the “SEC”) on November 3, 2022, by (i) Matsumura Fishworks LLC, an Ohio limited liability company (“Matsumura”); (ii) Icahn Partners Master Fund LP, a Delaware limited partnership (“Icahn Master”); (iii) Icahn Partners LP, a Delaware limited partnership (“Icahn Partners”); (iv) Icahn Offshore LP, a Delaware limited partnership (“Icahn Offshore”); (v) Icahn Onshore LP, a Delaware limited partnership (“Icahn Onshore”); (vi) Icahn Capital LP, a Delaware limited partnership (“Icahn Capital”); (vii) IPH GP LLC, a Delaware limited liability company (“IPH”); (viii) Icahn Enterprises Holdings L.P., a Delaware limited partnership (“Icahn Enterprises Holdings”); (ix) Icahn Enterprises G.P. Inc., a Delaware corporation (“Icahn Enterprises GP”); (x) Beckton Corp., a Delaware corporation (“Beckton”); and (xi) Carl C. Icahn (collectively, the “Reporting Persons”), with respect to the shares of the common stock, par value $5.00 per share (the “Common Stock”), of Crown Holdings, Inc., a Pennsylvania corporation (the “Issuer”), is hereby amended to furnish the additional information set forth herein. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in Schedule 13D.
Item 4. | Purpose of Transaction. |
Item 4 of the Schedule 13D is hereby amended to add the following at the end thereof:
On December 12, 2022, the Reporting Persons and Messrs. Jesse Lynn and Andrew Teno entered into a Director Appointment and Nomination Agreement (the “Agreement”) with the Issuer pursuant to which, among other things, (x) the Issuer has agreed to include Messrs. Lynn and Teno, as designees of the Reporting Persons, on the Issuer’s slate of director nominees for election at the 2023 annual meeting of the Issuer’s shareholders and (y) the Reporting Persons have agreed not to take certain actions with respect to the Issuer during the periods described in the Agreement. The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which is filed herewith as an exhibit and incorporated herein by reference.
Item 6. | Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. |
Item 6 of the Schedule 13D is hereby amended to add the following at the end thereof:
The disclosure set forth above in Item 4 is hereby incorporated herein by reference.
Item 7. | Material to Be Filed as Exhibits. |
1. | Director Appointment and Nomination Agreement, dated December 12, 2022, by and among the Reporting Persons, Jesse Lynn, Andrew Teno, and Crown Holdings, Inc. (incorporated by reference to Exhibit 10.1 to Crown Holdings Inc.’s Form 8-K filed on December 13, 2022). |
SIGNATURE
After reasonable inquiry and to the best of each of the undersigned knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: December 13, 2022
ICAHN PARTNERS LP
ICAHN ONSHORE LP
ICAHN PARTNERS MASTER FUND LP
ICAHN OFFSHORE LP
ICAHN CAPITAL LP
IPH GP LLC
By: /s/ Jesse Lynn
Name: Jesse Lynn
Title: Chief Operating Officer
BECKTON CORP.
By: /s/ Jesse Lynn
Name: Jesse Lynn
Title: Vice President
ICAHN ENTERPRISES HOLDINGS L.P.
By: Icahn Enterprises G.P. Inc., its general partner
ICAHN ENTERPRISES G.P. INC.
By: /s/ Ted Papapostolou
Name: Ted Papapostolou
Title: Chief Accounting Officer
Matsumura Fishworks LLC
By: /s/ Jesse Lynn
Name: Jesse Lyn
Title: Chief Operating Officer
/s/ Carl C. Icahn
CARL C. ICAHN
[Signature Page to Amendment No. 1 to Schedule 13D - Crown Holdings, Inc.]