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
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
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%
Filing

 

 

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  
  

 

 

 

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  
  

 

 

 

Total Pledged Shares

     250,000  
  

 

 

 

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 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  
  

 

 

 

Total Pledged Shares

     1,000,000  
  

 

 

 

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