Filing Details

Accession Number:
0001023875-24-000016
Form Type:
13G Filing
Publication Date:
2024-01-29 19:00:00
Filed By:
Franklin Mutual Advisers Llc
Company:
Integer Holdings Corp (NYSE:ITGR)
Filing Date:
2024-01-30
SEC Url:
13G 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
Franklin Mutual Advisers 938,301 2.8%
Filing

 

        CUSIP NO.  45826H109                        13G                            Page 1 of 7

 

                                                                                   UNITED STATES

                                                              SECURITIES AND EXCHANGE COMMISSION

                                                                          Washington, D.C. 20549

 

                                                                                    SCHEDULE 13G

 

                                                       Under the Securities Exchange Act of 1934

                                                                              (Amendment No. 1)*

 

                                                                    INTEGER HOLDINGS CORPORATION

                                                                                (Name of Issuer)

 

                                                        Common Stock, $0.001 par value per share

 

                                                                  (Title of Class of Securities)

 

                                                                                       45826H109

                                                                                  (CUSIP Number)

 

                                                                               December 31, 2023

                                         (Date of Event Which Requires Filing of this Statement)

 

          Check the appropriate box to designate the rule pursuant to which this Schedule is

          filed:

 

          [X] Rule 13d‑1(b)

          [ ] Rule 13d‑1(c)

          [ ] Rule 13d‑1(d)

 

          *The remainder of this cover page shall be filled out for a reporting person's initial

          filing on this form with respect to the subject class of securities, and for any

          subsequent amendment containing information which would alter the disclosures provided

          in a prior cover page.

 

          The information required in the remainder of this cover page shall not be deemed to be

          "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or

          otherwise subject to the liabilities of that section of the Act but shall be subject to

          all other provisions of the Act (however, see the Notes).

 

 


 

        CUSIP NO.  45826H109                        13G                            Page 2 of 7

 

          1.   NAMES OF REPORTING PERSONS.    

 

                     Franklin Mutual Advisers, LLC

 

          2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

                     (a)

                     (b) X

 

          3.   SEC USE ONLY

 

          4.   CITIZENSHIP OR PLACE OF ORGANIZATION

 

                     Delaware

 

          NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

 

                     5.   SOLE VOTING POWER

 

                                (See Item 4)

 

                     6.   SHARED VOTING POWER

 

                                (See Item 4)

 

                     7.   SOLE DISPOSITIVE POWER

 

                                (See Item 4)

 

                     8.   SHARED DISPOSITIVE POWER

 

                                (See Item 4)

 

          9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

                    938,301

 

          10.  CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES

                     CERTAIN SHARES [ ]

 

          11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

                     2.8%

 

          12.  TYPE OF REPORTING PERSON

 

                     IA, OO (See Item 4)

 

 


 

        CUSIP NO.  45826H109                        13G                            Page 3 of 7

 

          Item 1.

 

          (a)   Name of Issuer

 

                      INTEGER HOLDINGS CORPORATION

 

          (b)   Address of Issuer's Principal Executive Offices

 

           5830 Granite Parkway, Suite 1150

           Plano, TX 75024

 

          Item 2.

 

          (a)   Name of Person Filing

 

                      Franklin Mutual Advisers, LLC

 

          (b)   Address of Principal Business Office or, if none, Residence

 

                      101 John F. Kennedy Parkway

                      Short Hills, NJ 07078‑2789

 

          (c)   Citizenship

 

                      Delaware

 

          (d)   Title of Class of Securities

 

                      Common Stock, $0.001 par value per share

 

          (e)   CUSIP Number

 

                      45826H109

 

 


 

        CUSIP NO.  45826H109                        13G                            Page 4 of 7

 

          Item 3. If this statement is filed pursuant to §§240.13d‑1(b) or 240.13d‑2(b) or (c),

                          check whether the person filing is a:

                          (a) [ ]  Broker or dealer registered under section 15 of the Act (15 U.S.C. 8o).

 

                          (b) [ ]  Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

                          (c) [ ]  Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.

                                            78c).

 

                          (d) [ ]  Investment company registered under section 8 of the Investment Company

                                            Act of 1940 (15 U.S.C 80a ‑8).

 

                          (e) [X]  An investment adviser in accordance with §240.13d‑1(b)(1)(ii)(E);

 

                          (f) [ ]  An employee benefit plan or endowment fund in accordance with

                                            §240.13d‑1(b)(1)(ii)(F);

 

                          (g) [ ]  A parent holding company or control person in accordance with

                                            §240.13d‑1(b)(1)(ii)(G);

 

                          (h) [ ]  A savings associations as defined in Section 3(b) of the Federal

                                            Deposit Insurance Act (12 U.S.C. 1813);

 

                          (i) [ ]  A church plan that is excluded from the definition of an investment

                                            company under section 3(c)(14) of the Investment Company Act of 1940

                                            (15 U.S.C. 80a‑3);

 

                          (j) [ ]  A non‑U.S. institution in accordance with §240.13d‑1(b)(ii)(J);

 

                          (k) [ ]  Group, in accordance with §240.13d‑1(b)(1)(ii)(K).

 

                          If filing as a non‑U.S. institution in accordance with §240.13d‑1(b)(1)(ii)(J),

                          please specify the type of institution

 

 


 

        CUSIP NO.  45826H109                        13G                            Page 5 of 7

 

          Item 4. Ownership

 

          The securities reported herein are beneficially owned by one or more open‑end investment

          companies or other managed accounts that are investment management clients of Franklin

          Mutual Advisers, LLC ("FMA"), an indirect wholly owned subsidiary of Franklin Resources,

          Inc. ("FRI"). When an investment management contract (including a sub‑advisory

          agreement) delegates to FMA investment discretion or voting power over the securities

          held in the investment advisory accounts that are subject to that agreement, FRI treats

          FMA as having sole investment discretion or voting authority, as the case may be, unless

          the agreement specifies otherwise. Accordingly, FMA reports on Schedule 13G that it has

          sole investment discretion and voting authority over the securities covered by any such

          investment management agreement, unless otherwise noted in this Item 4. As a result for

          purposes of Rule 13d‑3 under the Act, FMA may be deemed to be the beneficial owner of

          the securities reported in this Schedule 13G.

 

          Beneficial ownership by investment management subsidiaries and other affiliates of FRI

          is being reported in conformity with the guidelines articulated by the SEC staff in

          Release No. 34‑39538 (January 12, 1998) relating to organizations, such as FRI, where

          related entities exercise voting and investment powers over the securities being

          reported independently from each other. The voting and investment powers held by FMA are

          exercised independently from FRI (FMA’s parent holding company) and from all other

          investment management subsidiaries of FRI (FRI, its affiliates and investment management

          subsidiaries other than FMA are, collectively, “FRI affiliates”). Furthermore, internal

          policies and procedures of FMA and FRI affiliates establish informational barriers that

          prevent the flow between FMA and the FRI affiliates of information that relates to the

          voting and investment powers over the securities owned by their respective investment

          management clients. Consequently, FMA and the FRI affiliates report the securities over

          which they hold investment and voting power separately from each other for purposes of

     Section 13 of the Act.

 

          Charles B. Johnson and Rupert H. Johnson, Jr. (the "Principal Shareholders") each own in

          excess of 10% of the outstanding common stock of FRI and are the principal stockholders

          of FRI. However, because FMA exercises voting and investment powers on behalf of its

          investment management clients independently of FRI affiliates, beneficial ownership of

          the securities reported by FMA is not attributed to the Principal Shareholders. FMA

          disclaims any pecuniary interest in any of the securities reported in this Schedule 13G. 

          In addition, the filing of this Schedule 13G on behalf of FMA should not be construed as

          an admission that it is, and it disclaims that it is, the beneficial owner, as defined

          in Rule 13d‑3, of any of such securities.

 

          Furthermore, FMA believes that it is not a "group" with FRI affiliates, the Principal

          Shareholders, or their respective affiliates within the meaning of Rule 13d‑5 under the

          Act and that none of them is otherwise required to attribute to any other the beneficial

          ownership of the securities held by such person or by any persons or entities for whom

          or for which FMA or the FRI affiliates provide investment management

          services.

 

 


 

 

        CUSIP NO.  45826H109                        13G                            Page 6 of 7

 

              (a)    Amount beneficially owned:

 

                           938,301

              (b)    Percent of class:

 

                            2.8%

 

              (c)    Number of shares as to which the person has:

 

                      (i)   Sole power to vote or to direct the vote

 

                                    Franklin Mutual Advisers, LLC:                                  881,985

 

                    (ii)   Shared power to vote or to direct the vote

 

                                    0

 

                  (iii)   Sole power to dispose or to direct the disposition of

 

                                    Franklin Mutual Advisers, LLC:                                  938,301

 

                    (iv)   Shared power to dispose or to direct the disposition of

 

                                    0

 

          Item 5.  Ownership of Five Percent or Less of a Class

 

                            If this statement is being filed to report the fact that as of the date hereof

                            the reporting person has ceased to be the beneficial owner of more than five

                            percent of the class of securities, check the following [X]. 

 

          Item 6.  Ownership of More than Five Percent on Behalf of Another Person

 

                            The clients of Franklin Mutual Advisers, LLC, including investment companies

                            registered under the Investment Company Act of 1940 and other managed accounts,

                            have the right to receive or power to direct the receipt of dividends from, and

                            the proceeds from the sale of, the securities reported herein.

 

 

 

          Item 7. Identification and Classification of the Subsidiary Which Acquired the

                          Security Being Reported on By the Parent Holding Company

 

                          Not Applicable

 

          Item 8. Identification and Classification of Members of the Group

 

                          Not Applicable

 

          Item 9. Notice of Dissolution of Group

 

                          Not Applicable

 

 


 

 

        CUSIP NO.  45826H109                        13G                            Page 7 of 7

 

          Item 10. Certification

 

          By signing below I certify that, to the best of my knowledge and belief, the securities

          referred to above were acquired and are held in the ordinary course of business and were

          not acquired and are not held for the purpose of or with the effect of changing or

          influencing the control of the issuer of the securities and were not acquired and are

          not held in connection with or as a participant in any transaction having that purpose

          or effect, other than activities solely in connection with a nomination under §

          240.14a‑11.

 

         

 

                                                                                  SIGNATURE

 

          After reasonable inquiry and to the best of my knowledge and belief, I certify that the

          information set forth in this statement is true, complete and correct.

 

          Dated:      January 23, 2024

 

          Franklin Mutual Advisers, LLC

           

 

            By:    /s/VIRGINIA E. ROSAS

                          ‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑

                          Virginia E. Rosas

                          Secretary of Franklin Mutual Advisers, LLC