Filing Details

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 7)*

 

 

Steelcase Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

858155203

(CUSIP Number)

Bradley W. Horstmann 301 S. College Street, Suite 3800 Charlotte, NC 28202-6002   704-334-6475

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

12/31/2016

(Date of Event Which Requires Filing of this Statement)

 

 

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

☑ 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 persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

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(1)		NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)   WEDGE Capital Management L.L.P. 56-1557450
(2)		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a)  ☐         (b)  ☐
(3)		SEC USE ONLY
(4)		CITIZENSHIP OR PLACE OF ORGANIZATION   North Carolina
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:				(5)		SOLE VOTING POWER   1,653,507
				(6)		SHARED VOTING POWER   0
				(7)		SOLE DISPOSITIVE POWER   1,950,807
				(8)		SHARED DISPOSITIVE POWER   0
(9)		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   1,950,807
(10)		CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)    ☐
(11)		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   2.3%
(12)		TYPE OF REPORTING PERSON (see instructions)   IA

Item 1.

 

(a)		Name of Issuer Steelcase Inc.
(b)		Address of Issuers Principal Executive Offices 901 44th Street SE Grand Rapids, MI 49508

Item 2.

 

(a)		Name of Person Filing WEDGE Capital Management L.L.P.
(b)		Address of the Principal Office or, if none, residence 301 S. College Street, Suite 3800 Charlotte, NC 28202-6002

 

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(c)		Citizenship North Carolina
(d)		Title of Class of Securities Common Stock
(e)		CUSIP Number 858155203

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. 78o).
(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)			☑			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)			☐			Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a)		Amount beneficially owned: 1,950,807
(b)		Percent of class: 2.3%
(c)		Number of shares as to which the person has:
		(i)     Sole power to vote or to direct the vote 1,653,507.
		(ii)    Shared power to vote or to direct the vote 0.
		(iii)  Sole power to dispose or to direct the disposition of 1,950,807.
		(iv)   Shared power to dispose or to direct the disposition of 0.

Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

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 ☑.

Instruction. Dissolution of a group requires a response to this item.

 

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

Not applicable.

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.

Item 10. Certification.

 

(a)		The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):
		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.
(b)		The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):
		By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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.

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.

 

 

State of North Carolina County of Mecklenburg   I, Rebecca N. Harrison    , A Notary for said County and State, do hereby certify that   Bradley W. Horstmann       personally appeared before me and signed the foregoing instrument.   Witness my hand and Official Seal, This the 1st    day of February, 2017.   My commission expires   11-13  , 2018

 

 

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