Filing Details
- Accession Number:
- 0001193125-23-143646
- Form Type:
- 13D Filing
- Publication Date:
- 2023-05-11 20:00:00
- Filed By:
- Sands Richard Et Al
- Company:
- Constellation Brands Inc. (NYSE:STZ)
- Filing Date:
- 2023-05-12
- SEC Url:
- 13D 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 |
---|---|---|---|---|---|---|
Richard Sands | Class A Shares 11.8% | |||||
Robert Sands | Class A Shares 12.0% | |||||
Abigail Bennett | Class A Shares 1.9% | |||||
Zachary Stern | Class A Shares 1.9% | |||||
Astra Legacy | Class A Shares 11.2% | |||||
AJB Business Holdings | Class A Shares 1.8% | |||||
ZMSS Business Holdings | Class A Shares 1.8% | |||||
RSS | Class A Shares 0.5% | |||||
RES Master | Class A Shares 0.1% | |||||
RSS Master | Class A Shares 0.3% | |||||
RCT | Class A Shares 0.0% | |||||
WildStar Partners | Class A Shares 11.2% | |||||
RES Business Holdings | Class A Shares 2.8% | |||||
SER Business Holdings | Class A Shares 0.9% | |||||
RHT | Class A Shares 0.0% | |||||
RSS Business Holdings | Class A Shares 2.1% | |||||
SSR Business Holdings | Class A Shares 1.2% | |||||
RCT | Class A Shares 0.0% | |||||
MAS Business Holdings | Class A Shares 0.0% | |||||
NSDT | Class A Shares 0.0% | |||||
NSDT | Class A Shares 0.0% | |||||
RSS Business Management | Class A Shares 0.0% | |||||
SSR Business Management | Class A Shares 0.0% | |||||
LES Lauren Holdings | Class A Shares 0.0% | |||||
MES Mackenzie Holdings | Class A Shares 0.0% | |||||
Sands Family Foundation | Class A Shares 0.4% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 13)*
Constellation Brands, Inc.
(Name of Issuer)
Class A Common Stock, par value $0.01 per share
(Title of Class of Securities)
Class A 21036P 10 8
(CUSIP Number)
David M. Silk, Esq.
Victor Goldfeld, Esq.
Wachtell, Lipton, Rosen & Katz
51 W 52nd Street
New York, NY 10019
(212) 403-1000
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
May 10, 2023
(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 which is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d01(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 § 240.13d-7(b) for other parties to whom copies are to be sent.
* | The remainder of this cover page shall be filled out for a reporting persons 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 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).
SCHEDULE 13D
CUSIP No. Class A 21036P 10 8
1 | NAME OF REPORTING PERSONS
Richard Sands | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 1,077,261 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 21,566,079 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 21,566,079 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 11.8% | |||||
14 | TYPE OF REPORTING PERSON
IN |
1 | NAME OF REPORTING PERSONS
Robert Sands | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS 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
Class A Shares 8,600 | ||||
8 | SHARED VOTING POWER
Class A Shares 1,440,249 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 8,600 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 21,929,067 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 21,937,667 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 12.0% | |||||
14 | TYPE OF REPORTING PERSON
IN |
1 | NAME OF REPORTING PERSONS
Abigail Bennett | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS 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
Class A Shares 37,415 | ||||
8 | SHARED VOTING POWER
Class A Shares 0 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 37,415 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 3,365,715 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 3,403,130 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 1.9% | |||||
14 | TYPE OF REPORTING PERSON
IN |
1 | NAME OF REPORTING PERSONS
Zachary Stern | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS 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
Class A Shares 33,415 | ||||
8 | SHARED VOTING POWER
Class A Shares 0 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 33,415 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 3,365,715 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 3,399,130 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 1.9% | |||||
14 | TYPE OF REPORTING PERSON
IN |
1 | NAME OF REPORTING PERSONS
Astra Legacy LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 20,488,818 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 20,488,818 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 11.2% | |||||
14 | TYPE OF REPORTING PERSON
CO |
1 | NAME OF REPORTING PERSONS
AJB Business Holdings LP | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 3,365,715 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 3,365,715 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 3,365,715 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 1.8% | |||||
14 | TYPE OF REPORTING PERSON
PN |
1 | NAME OF REPORTING PERSONS
ZMSS Business Holdings LP | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 3,365,715 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 3,365,715 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 3,365,715 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 1.8% | |||||
14 | TYPE OF REPORTING PERSON
PN |
1 | NAME OF REPORTING PERSONS
RSS 2015 Business Holdings LP | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 912,492 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 912,492 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 912,492 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.5% | |||||
14 | TYPE OF REPORTING PERSON
PN |
1 | NAME OF REPORTING PERSONS
RES Master LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 187,226 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 187,226 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 187,226 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.1% | |||||
14 | TYPE OF REPORTING PERSON
CO |
1 | NAME OF REPORTING PERSONS
RSS Master LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 550,214 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 550,214 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 550,214 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.3% | |||||
14 | TYPE OF REPORTING PERSON
CO |
1 | NAME OF REPORTING PERSONS
RCT 2020 Investments LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 0 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 0 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.0% | |||||
14 | TYPE OF REPORTING PERSON
CO |
1 | NAME OF REPORTING PERSONS
WildStar Partners LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 0 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 20,488,818 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 20,488,818 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 11.2% | |||||
14 | TYPE OF REPORTING PERSON
CO |
1 | NAME OF REPORTING PERSONS
RES Business Holdings LP | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 5,066,666 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 5,066,666 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 5,066,666 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 2.8% | |||||
14 | TYPE OF REPORTING PERSON
PN |
1 | NAME OF REPORTING PERSONS
SER Business Holdings LP | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 1,737,544 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 1,737,544 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 1,737,544 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.9% | |||||
14 | TYPE OF REPORTING PERSON
PN |
1 | NAME OF REPORTING PERSONS
RHT 2015 Business Holdings LP | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 0 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 0 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.0% | |||||
14 | TYPE OF REPORTING PERSON
PN |
1 | NAME OF REPORTING PERSONS
RSS Business Holdings LP | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 3,876,548 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 3,876,548 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 3,876,548 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 2.1% | |||||
14 | TYPE OF REPORTING PERSON
PN |
1 | NAME OF REPORTING PERSONS
SSR Business Holdings LP | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 2,164,138 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 2,164,138 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 2,164,138 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 1.2% | |||||
14 | TYPE OF REPORTING PERSON
PN |
1 | NAME OF REPORTING PERSONS
RCT 2015 Business Holdings LP | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 0 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 0 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.0% | |||||
14 | TYPE OF REPORTING PERSON
PN |
1 | NAME OF REPORTING PERSONS
MAS Business Holdings LP | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 0 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 0 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.0% | |||||
14 | TYPE OF REPORTING PERSON
PN |
1 | NAME OF REPORTING PERSONS
NSDT 2009 STZ LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 0 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 0 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.0% | |||||
14 | TYPE OF REPORTING PERSON
CO |
1 | NAME OF REPORTING PERSONS
NSDT 2011 STZ LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 0 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 0 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.0% | |||||
14 | TYPE OF REPORTING PERSON
CO |
1 | NAME OF REPORTING PERSONS
RSS Business Management LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 0 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 0 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.0% | |||||
14 | TYPE OF REPORTING PERSON
CO |
1 | NAME OF REPORTING PERSONS
SSR Business Management LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 0 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 0 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.0% | |||||
14 | TYPE OF REPORTING PERSON
CO |
1 | NAME OF REPORTING PERSONS
LES Lauren Holdings LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 80,637 | ||||
8 | SHARED VOTING POWER
Class A Shares 0 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 80,637 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 80,637 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.0% | |||||
14 | TYPE OF REPORTING PERSON
CO |
1 | NAME OF REPORTING PERSONS
MES Mackenzie Holdings LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX 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
Class A Shares 74,091 | ||||
8 | SHARED VOTING POWER
Class A Shares 0 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 74,091 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 74,091 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.0% | |||||
14 | TYPE OF REPORTING PERSON
CO |
1 | NAME OF REPORTING PERSONS
Sands Family Foundation | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Virginia |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
Class A Shares 0 | ||||
8 | SHARED VOTING POWER
Class A Shares 818,154 | |||||
9 | SOLE DISPOSITIVE POWER
Class A Shares 0 | |||||
10 | SHARED DISPOSITIVE POWER
Class A Shares 818,154 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 818,154 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.4% | |||||
14 | TYPE OF REPORTING PERSON
CO |
Amendment No. 13 to Schedule 13D
This Amendment is being filed by Richard Sands, Robert Sands, Abigail Bennett, Zachary Stern, Astra Legacy LLC (Astra Legacy), AJB Business Holdings LP (AJB Holdings), ZMSS Business Holdings LP (ZMSS Holdings), RSS 2015 Business Holdings LP (RSS 2015 Holdings), RES Master LLC, RSS Master LLC, RCT 2020 Investments LLC, WildStar Partners LLC (WildStar Partners), RES Business Holdings LP (RES Holdings), SER Business Holdings LP (SER Holdings), RHT 2015 Business Holdings LP (RHT 2015 Holdings), RSS Business Holdings LP (RSS Holdings), SSR Business Holdings LP (SSR Holdings), RCT 2015 Business Holdings LP (RCT 2015 Holdings), MAS Business Holdings LP (MAS Holdings), NSDT 2009 STZ LLC, NSDT 2011 STZ LLC, RSS Business Management LLC (RSS Management), SSR Business Management LLC (SSR Management), LES Lauren Holdings LLC (LES Holdings), MES Mackenzie Holdings LLC (MES Holdings) and the Sands Family Foundation. All of the foregoing may be deemed to be acting as a group for purposes of Section 13 of the Securities Exchange Act of 1934 (the Exchange Act).
This Amendment amends the amended and restated Schedule 13D filed in October 2001 by Richard Sands, Robert Sands, Marilyn Sands, CWCP-I, a trust for the benefit of Andrew Stern M.D. under the Will of Laurie Sands (the Marital Trust), a trust created under Irrevocable Trust Agreement dated November 18, 1987 (the Grandchildrens Trust), and a stockholders group (the Amended Schedule 13D), as the Schedule 13D was amended by (i) the Schedule 13D Amendment No. 2 filed on August 3, 2006 by Richard Sands, Robert Sands, the Grandchildrens Trust, Laurie Sands Childrens Trust, Richard Sands Childrens Trust, Robert Sands Childrens Trust and Richard Sands Heirs Trust (the Second Amendment), (ii) the Schedule 13D Amendment No. 3 filed on February 17, 2009 by Richard Sands, Robert Sands, CWCP-I, the Marital Trust, Abigail Bennett, RES Holdings, RES Business Management LLC (RES Management), RSS Holdings, RSS Management, and a stockholders group (the Third Amendment), (iii) the Schedule 13D Amendment No. 4 filed on April 30, 2009 by Richard Sands, Robert Sands, Abigail Bennett, Zachary Stern, CWCP-I, the Marital Trust and a stockholders group (the Fourth Amendment), (iv) the Schedule 13D Amendment No. 5 filed on July 8, 2011 by Richard Sands, Robert Sands, Abigail Bennett, Zachary Stern, CWCP-I, CWCP-II and a stockholders group, (v) the Schedule 13D Amendment No. 6 filed on June 12, 2017 by Richard Sands, Robert Sands, Abigail Bennett, Zachary Stern, A&Z 2015 Business Holdings LP (A&Z 2015 Holdings), A&Z 2015 Business Management LLC (A&Z 2015 Management), RCT 2015 Holdings, RCT 2015 Business Management LLC (RCT 2015 Management), RHT 2015 Holdings, RHT 2015 Business Management LLC (RHT 2015 Management), RSS 2015 Holdings, RSS 2015 Business Management LLC (RSS 2015 Management), WildStar Partners, RRA&Z Holdings LLC (RRA&Z Holdings) and a stockholders group (the Sixth Amendment), (vi) the Schedule 13D Amendment No. 7 filed on January 19, 2018 by Richard Sands, Robert Sands, Abigail Bennett, Zachary Stern, Astra Legacy and a stockholders group (the Seventh Amendment), (vii) the Schedule 13D Amendment No. 8 filed on April 2, 2022 by Richard Sands, Robert Sands, Abigail Bennett, Zachary Stern, Astra Legacy, A&Z 2015 Holdings, RSS 2015 Business Holdings, RES Master LLC, RSS Master LLC, RCT 2020 Investments LLC, WildStar Partners and a stockholders group (the Eighth Amendment), (viii) the Schedule 13D Amendment No. 9 filed on July 1, 2022 by Richard Sands, Robert Sands, Abigail Bennett, Zachary Stern, Astra Legacy, A&Z 2015 Holdings, RSS 2015 Holdings, RES Master LLC, RSS Master LLC, RCT 2020 Investments LLC, WildStar Partners, RES Holdings, SER Holdings, RHT 2015 Holdings, RSS Holdings, SSR Holdings, RCT 2015 Holdings, MAS Holdings, NSDT 2009 STZ LLC, NSDT 2011 STZ LLC, RSS Management, SSR Management, LES Holdings, MES Holdings, The Marilyn Sands Master Trust, Sands Family Foundation and a stockholders group (the Ninth Amendment), (ix) the Schedule 13D Amendment No. 10 filed on November 14, 2022 by Richard Sands, Robert Sands, Abigail Bennett, Zachary Stern, Astra Legacy, A&Z 2015 Holdings, RSS 2015 Holdings, RES Master LLC, RSS Master LLC, RCT 2020 Investments LLC, WildStar Partners, RES Holdings, SER Holdings, RHT 2015 Holdings, RSS Holdings, SSR Holdings, RCT 2015 Holdings, MAS Holdings, NSDT 2009 STZ LLC, NSDT 2011 STZ LLC, RSS Management, SSR Management, LES Holdings, MES Holdings, The Marilyn Sands Master Trust, Sands Family Foundation and a stockholders group (the Tenth Amendment), (x) the Schedule 13D Amendment No. 11 filed on November 16, 2022 by Richard Sands, Robert Sands, Abigail Bennett, Zachary Stern, Astra Legacy, A&Z 2015 Holdings, RSS 2015 Holdings, RES Master LLC, RSS Master LLC, RCT 2020 Investments LLC, WildStar Partners, RES Holdings, SER Holdings, RHT 2015 Holdings, RSS Holdings, SSR Holdings, RCT 2015 Holdings, MAS Holdings, NSDT 2009 STZ LLC, NSDT 2011 STZ LLC, RSS Management, SSR Management, LES Holdings, MES Holdings, The Marilyn Sands Master Trust and Sands Family Foundation (the Eleventh Amendment) and (xi) the Schedule 13D Amendment No. 12 filed on December 2, 2022 by Richard Sands, Robert Sands, Abigail Bennett, Zachary Stern, Astra Legacy, AJB Holdings, ZMSS Holdings, RSS 2015 Holdings, RES Master LLC, RSS Master LLC, RCT 2020 Investments LLC, WildStar Partners, RES Holdings, SER Holdings, RHT 2015 Holdings, RSS Holdings, SSR Holdings, RCT 2015 Holdings, MAS Holdings, NSDT 2009 STZ LLC, NSDT 2011 STZ LLC, RSS Management, SSR Management, LES Holdings, MES Holdings and Sands Family Foundation (the Twelfth Amendment, together with the Amended Schedule 13D, the Second Amendment, the Third Amendment, the Fourth Amendment, the Fifth Amendment, the Sixth Amendment, the Seventh Amendment, the Eighth Amendment, the Ninth Amendment, the Tenth Amendment and the Eleventh Amendment, the Schedule 13D).
Item 4. Purpose of Transaction.
Item 4 is hereby amended and supplemented as follows:
On May 10, 2023, the Reporting Persons set forth below entered into arrangements with Goldman Sachs & Co. LLC pursuant to which such Reporting Persons agreed to sell the number of shares of Class A Stock set forth by their name below, resulting in an agreement by such Reporting Persons to sell an aggregate of 3,900,100 shares of Class A Stock for $223.53 per share in a transaction structured as a block trade subject to the limitations of Rule 144 of the Securities Act of 1933, as amended.
AJB Holdings 650,000 shares |
ZMSS Holdings 650,000 shares |
RCT 2015 Holdings 58,333 shares |
RCT 2020 Investments LLC 58,333 shares |
RSS 2015 Holdings 500,000 shares |
RSS Holdings 641,710 shares |
RHT 2015 Holdings 350,000 shares |
SER Holdings 950,000 shares |
MAS Holdings 100 shares |
NSDT 2009 STZ LLC 20,695 shares |
NSDT 2011 STZ LLC 20,615 shares |
SSR Management 158 shares |
RSS Management 156 shares |
Interest in Securities of the Issuer.
Paragraphs (a) (c) of Item 5 of the Schedule 13D are hereby revised and supplemented with the following:
The table below sets forth the shares of Class A Stock beneficially owned by each Reporting Person. The percentages of ownership were calculated on the basis of 183,231,968 shares of Class A Stock outstanding as of April 13, 2023. In the aggregate, the Reporting Persons beneficially own a total of 22,278,570 shares of Class A Stock.
Name of Beneficial Owner | Sole Power to Vote | Shared Power to Vote | Sole Power to Dispose | Shared Power to Dispose | Total Shares(6) | Percent of Class | ||||||||||||||||||
Richard Sands | 1,077,261 | (1) | 21,566,079 | (1) | 21,566,079 | 11.8 | % | |||||||||||||||||
Robert Sands | 8,600 | 1,440,249 | (2) | 8,600 | 21,929,067 | (2) | 21,937,667 | 12.0 | % | |||||||||||||||
Abigail Bennett | 37,415 | 37,415 | 3,365,715 | (3) | 3,403,130 | 1.9 | % | |||||||||||||||||
Zachary Stern | 33,415 | 33,415 | 3,365,715 | (4) | 3,399,130 | 1.9 | % | |||||||||||||||||
Astra Legacy(5) | 20,488,818 | 20,488,818 | 11.2 | % | ||||||||||||||||||||
AJB Holdings | 3,365,715 | 3,365,715 | 3,365,715 | 1.8 | % | |||||||||||||||||||
ZMSS Holdings | 3,365,715 | 3,365,715 | 3,365,715 | 1.8 | % | |||||||||||||||||||
RSS 2015 Holdings | 912,492 | 912,492 | 912,492 | 0.5 | % | |||||||||||||||||||
RES Master LLC | 187,226 | 187,226 | 187,226 | 0.1 | % | |||||||||||||||||||
RSS Master LLC | 550,214 | 550,214 | 550,214 | 0.3 | % | |||||||||||||||||||
RCT 2020 Investments LLC(7) | 0.0 | % | ||||||||||||||||||||||
WildStar Partners(8) | 20,488,818 | 20,488,818 | 11.2 | % | ||||||||||||||||||||
RES Holdings | 5,066,666 | 5,066,666 | 5,066,666 | 2.8 | % | |||||||||||||||||||
SER Holdings | 1,737,544 | 1,737,544 | 1,737,544 | 0.9 | % |
Name of Beneficial Owner | Sole Power to Vote | Shared Power to Vote | Sole Power to Dispose | Shared Power to Dispose | Total Shares(6) | Percent of Class | ||||||||||||||||||
RHT 2015 Holdings(7) | 0.0 | % | ||||||||||||||||||||||
RSS Holdings | 3,876,548 | 3,876,548 | 3,876,548 | 2.1 | % | |||||||||||||||||||
SSR Holdings | 2,164,138 | 2,164,138 | 2,164,138 | 1.2 | % | |||||||||||||||||||
RCT 2015 Holdings(7) | 0.0 | % | ||||||||||||||||||||||
MAS Holdings(7) | 0.0 | % | ||||||||||||||||||||||
NSDT 2009 STZ LLC(7) | 0.0 | % | ||||||||||||||||||||||
NSDT 2011 STZ LLC(7) | 0.0 | % | ||||||||||||||||||||||
RSS Management(7) | 0.0 | % | ||||||||||||||||||||||
SSR Management(7) | 0.0 | % | ||||||||||||||||||||||
LES Holdings | 80,637 | 80,637 | 80,637 | 0.0 | % | |||||||||||||||||||
MES Holdings | 74,091 | 74,091 | 74,091 | 0.0 | % | |||||||||||||||||||
Sands Family Foundation | 818,154 | 818,154 | 818,154 | 0.4 | % | |||||||||||||||||||
Total Shares Owned by Reporting Persons | 22,278,570 |
(1) | The reported shares of Class A Stock over which Richard Sands has the shared power to vote or dispose include (i) 874,443 shares of Class A Stock held by two family foundations where Mr. Sands serves as a director and officer and (ii) 15,592 shares of Class A Stock held directly by a non-reporting person for which Mr. Sands was granted a power of attorney. Mr. Sands disclaims beneficial ownership of such shares. The reported shares of Class A Stock over which Mr. Sands has the shared power to vote or dispose also include 187,226 shares of Class A Stock held by RES Master LLC, a limited liability company that is wholly owned by a trust for which Mr. Sands serves as trustee and sole beneficiary. The reported shares of Class A Stock over which Mr. Sands has the shared power to dispose also include 20,488,818 shares of Class A Stock held by several family limited partnerships of which Mr. Sands indirectly controls a co-general partner and disclaims beneficial ownership except to the extent of pecuniary interest. The reporting of these shares as beneficially owned by Mr. Sands shall not be construed as an admission that Mr. Sands is the beneficial owner of such shares for purposes of Sections 13(d) or 13(g) of the Exchange Act or otherwise. Amounts reflected in the table above do not include 15,720 shares of Class A Stock beneficially owned by Richard Sands spouse. Mr. Sands disclaims beneficial ownership of such shares. |
(2) | The reported shares of Class A Stock over which Robert Sands has the shared power to vote or dispose include (i) 874,443 shares of Class A Stock held by two family foundations where Robert Sands serves as a director and officer and (ii) 15,592 shares of Class A Stock held directly by a non-reporting person for which Mr. Sands was granted a power of attorney. Mr. Sands disclaims beneficial ownership of such shares. The reported shares of Class A Stock over which Mr. Sands has the shared power to vote or dispose also include 550,214 shares of Class A Stock held by RSS Master LLC, a limited liability company that is wholly owned by a trust for which Mr. Sands serves as trustee and sole beneficiary. The reported shares of Class A Stock over which Mr. Sands has the shared power to dispose also include 20,488,818 shares of Class A Stock held by several family limited partnerships of which Mr. Sands indirectly controls a co-general partner and disclaims beneficial ownership except to the extent of pecuniary interest. The reporting of these shares as beneficially owned by Mr. Sands shall not be construed as an admission that Mr. Sands is the beneficial owner of such shares for purposes of Sections 13(d) or 13(g) of the Exchange Act or otherwise. Amounts reflected in the table above do not include 21,098 shares of Class A Stock beneficially owned directly, or indirectly, by Robert Sands spouse. Mr. Sands disclaims beneficial ownership of such shares. |
(3) | The reported shares of Class A Stock over which Abigail Bennett has shared power to dispose include 3,365,715 shares of Class A Stock held by AJB Holdings. The reporting of such shares as beneficially owned by Ms. Bennett shall not be construed as an admission that she is the beneficial owner of such shares for purposes of Sections 13(d) or 13(g) of the Exchange Act or otherwise. |
(4) | The reported shares of Class A Stock over which Zachary Stern has shared power to dispose include 3,365,715 shares of Class A Stock held by ZMSS Holdings. The reporting of such shares as beneficially owned by Mr. Stern shall not be construed as an admission that he is the beneficial owner of such shares for purposes of Sections 13(d) or 13(g) of the Exchange Act or otherwise. |
(5) | Astra Legacy LLC serves as voting manager to various Sands family entities. |
(6) | Certain shares of Class A Stock have been pledged as set forth in Item 6 below. Subject to the terms of the various credit facilities, the number of shares of Class A Stock pledged to secure the credit facilities may increase or decrease from time to time and may be moved by the applicable pledgors among the various financial institutions from time to time. In the event of noncompliance with certain covenants under the credit facilities, the financial institutions have certain remedies including the right to sell the pledged shares subject to certain protections afforded to the borrowers and pledgors. The numbers and percentages reported with respect to Class A Common Stock do not take into account shares of Class 1 Common Stock owned, if any, or that can be purchased by exercising stock options to acquire shares of Class 1 Common Stock within (60) days of the date hereof. |
(7) | As described in Item 4, RCT 2020 Investments LLC, RHT 2015 Holdings, RCT 2015 Holdings, MAS Holdings, NSDT 2009 STZ LLC, NSDT 2011 STZ LLC, RSS Management and SSR Management sold their shares of Class A Stock. |
(8) | WildStar Partners has dispositive power over the shares held by various Sands family entities. |
None of the Reporting Persons has engaged in any transaction involving any Class A Stock during the past sixty (60) days of the date hereof except as set forth in Item 4 above.
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 as follows:
The following Reporting Persons have pledged the following shares of Class A Stock to Goldman Sachs Bank USA for loans made to a Sands family investment vehicle (each, a Borrower) under one or more credit facilities:
Pledgor | Number of Shares of Class A Stock | |||
RES Holdings | 625,000 | |||
ZMSS Holdings | 325,000 | |||
|
| |||
Total Pledged Shares | 950,000 | |||
|
|
The following Reporting Persons (or persons whose shares are reported as beneficially owned by the Reporting Persons) have pledged the following shares of Class A Stock to Merrill Lynch for loans made to the Borrower under a credit facility:
Pledgor | Number of Shares of Class A Stock | |||
AJB Holdings | 500,000 | |||
ZMSS Holdings | 500,000 | |||
RES Holdings | 2,500,000 | |||
LES Holdings | 80,637 | |||
MES Holdings | 74,091 | |||
|
| |||
Total Pledged Shares | 3,654,728 | |||
|
|
The following Reporting Persons (or persons whose shares are reported as beneficially owned by the Reporting Persons) have pledged the following shares of Class A Stock to Manufacturers and Traders Trust Company for loans made to the Borrower under a credit facility:
Pledgor | Number of Shares of Class A Stock | |||
RSS Master LLC | 5,000 | |||
RSS Holdings | 250,000 | |||
|
| |||
Total Pledged Shares | 255,000 | |||
|
|
The following Reporting Persons (or persons whose shares are reported as beneficially owned by the Reporting Persons) have pledged the following shares of Class A Stock to Stifel Financial Corp. for loans made to the Borrower under a credit facility:
Pledgor | Number of Shares of Class A Stock | |||
ZMSS Holdings | 250,000 | |||
|
| |||
Total Pledged Shares | 250,000 | |||
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The following Reporting Persons (or persons whose shares are reported as beneficially owned by the Reporting Persons) have pledged the following shares of Class A Stock to U.S. Bank for loans made to the Borrower under a credit facility:
Pledgor | Number of Shares of Class A Stock | |||
RSS Holdings | 250,000 | |||
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Total Pledged Shares | 250,000 | |||
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The following Reporting Persons (or persons whose shares are reported as beneficially owned by the Reporting Persons) have pledged the following shares of Class A Stock to Wells Fargo for loans made to the Borrower under a credit facility:
Pledgor | Number of Shares of Class A Stock | |||
RES Holdings | 1,000,000 | |||
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Total Pledged Shares | 1,000,000 | |||
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Item 7. Material to Be Filed as Exhibits.
Exhibit 99.1 | Joint Filing Agreement among the Reporting Persons filing this Amendment, dated May 12, 2023. |
Signature
After reasonable inquiry and to the best of the undersigneds knowledge and belief I certify that the information set forth in this statement is true, complete and correct.
Dated: May 12, 2023 | By: | |||||
/s/ Richard Sands | ||||||
Richard Sands | ||||||
/s/ Robert Sands | ||||||
Robert Sands | ||||||
/s/ Abigail Bennett | ||||||
Abigail Bennett | ||||||
/s/ Zachary Stern | ||||||
Zachary Stern | ||||||
Astra Legacy LLC | ||||||
By: | /s/ Abigail Bennett | |||||
Name: Abigail Bennett | ||||||
Title: President | ||||||
AJB Business Holdings LP | ||||||
By: | AJB WSP Business Management LLC, its co-General Partner | |||||
By: | WildStar Partners LLC, sole managing member of AJB WSP Business Management LLC | |||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Chief Executive Officer | ||||||
ZMSS Business Holdings LP | ||||||
By: | ZMSS WSP Business Management LLC, its co-General Partner | |||||
By: | WildStar Partners LLC, sole managing member of ZMSS WSP Business Management LLC | |||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Chief Executive Officer | ||||||
RSS 2015 Business Holdings LP | ||||||
By: | WildStar Partners LLC, its co-General Partner | |||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Chief Executive Officer | ||||||
RES Master LLC | ||||||
By: | /s/ Thomas M. Farace | |||||
Name: Thomas M. Farace | ||||||
Title: Authorized Person | ||||||
RSS Master LLC | ||||||
By: | /s/ Thomas M. Farace | |||||
Name: Thomas M. Farace | ||||||
Title: Authorized Person | ||||||
RCT 2020 Investments LLC | ||||||
By: | RCT 2015 Business Holdings LP, its sole member | |||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Authorized Person |
WildStar Partners LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Chief Executive Officer | ||||||
RES Business Holdings LP | ||||||
By: WildStar Partners LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Chief Executive Officer | ||||||
SER Business Holdings LP | ||||||
By: WildStar Partners LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Chief Executive Officer | ||||||
RHT 2015 Business Holdings LP | ||||||
By: WildStar Partners LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Chief Executive Officer | ||||||
RSS Business Holdings LP | ||||||
By: WildStar Partners LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Chief Executive Officer | ||||||
SSR Business Holdings LP | ||||||
By: WildStar Partners LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Chief Executive Officer | ||||||
RSS 2015 Business Holdings LP | ||||||
By: WildStar Partners LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Chief Executive Officer | ||||||
RCT 2015 Business Holdings LP | ||||||
By: WildStar Partners LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Chief Executive Officer |
MAS Business Holdings LP | ||||||
By: WildStar Partners LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Chief Executive Officer | ||||||
NSDT 2009 STZ LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Manager | ||||||
NSDT 2011 STZ LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Manager | ||||||
RSS Business Management LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Secretary | ||||||
SSR Business Management LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Manager | ||||||
LES Lauren Holdings LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Manager | ||||||
MES Mackenzie Holdings LLC | ||||||
/s/ Thomas M. Farace | ||||||
Name: Thomas M. Farace | ||||||
Title: Manager | ||||||
Sands Family Foundation | ||||||
/s/ Jennifer Garsin | ||||||
Name: Jennifer Garsin | ||||||
Title: Treasurer |