Filing Details

 

 

This Amendment No. 19 to Schedule 13D (this "Amendment") amends the below-indicated Items from the Schedule 13D with respect to the shares of common stock (the "Common Stock") of Electro Scientific Industries Inc. (the "Issuer" or "ESIO") previously filed by or on behalf of the Reporting Persons (as defined below), as previously amended (collectively the "Schedule 13D"), by supplementing such Items with the information below.

The names of the persons filing this Amendment (collectively, the "Reporting Persons") are:  The D3 Family Fund, L.P. (the "Family Fund"), The D3 Family Bulldog Fund, L.P. (the "Bulldog Fund"), The DIII Offshore Fund, L.P. (the "Offshore Fund"), Nierenberg Investment Management Company, Inc. ("NIMCO"), Nierenberg Investment Management Offshore, Inc. ("NIMO") and David Nierenberg ("Mr. Nierenberg").

Item 5.  Interest in Securities of the Issuer.

As of the close of business on the date hereof, the Family Fund individually beneficially owned 447,173 Shares, constituting approximately 1.7% of all of the outstanding Shares.

As of the close of business on the date hereof, the Bulldog Fund individually beneficially owned 1,079,870 Shares, constituting approximately 3.33% of all of the outstanding Shares.

As of the close of business on the date hereof, the Offshore Fund individually beneficially owned 81,399 Shares, constituting approximately 0.25% of all of the outstanding Shares.

By virtue of its relationships with each of the Family Fund, the Bulldog Fund and the Offshore Fund discussed in further detail in Item 2, NIMCO may be deemed to be the beneficial owner of the 1,608,442 Shares, beneficially owned in the aggregate by the Family Fund, the Bulldog Fund and the Offshore Fund, constituting approximately 4.95% of all of the outstanding Shares.

By virtue of his relationship with NIMCO and NIMO discussed in further detail in Item 2, Mr. Nierenberg may be deemed to be the beneficial owner of the 1,608,442 Shares beneficially owned by NIMCO and NIMO, constituting approximately 4.95% of all of the outstanding Shares.

The Reporting Persons, in the aggregate, beneficially own 1,608,442 Shares, constituting approximately 4.95% of the outstanding Shares.

The Bulldog Fund, NIMCO and Mr. Nierenberg have shared power (i) to vote or direct the vote of, and (ii) to dispose or direct the disposition of, the 1,079,870 shares of Common Stock held by the Bulldog Fund.

The Offshore Fund, NIMO and Mr. Nierenberg have shared power (i) to vote or direct the vote of, and (ii) to dispose or direct the disposition of, the 81,399 shares of Common Stock held by the Offshore Fund.

(c)  During the past sixty (60) days the following sales of shares of Common Stock were made by the Reporting Persons named below in open market transactions:

No other transactions with respect to the Common Stock that are required to be reported on Schedule 13D were effected by any of the Reporting Person during the past sixty (60) days.

(e).  The Reporting Persons ceased to be beneficial owners of more than five percent of the Common Stock on February 2, 2017.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in the Statement is true, complete and correct.

 

	D3 Family Fund, L.P., D3 Family Bulldog Fund, L.P.
	By:   Nierenberg Investment Management Company, Inc.
February 6, 2017	Its:   General Partner By:   /s/ David Nierenberg              David Nierenberg, President
	DIII Offshore Fund, L.P.   By:   Nierenberg Investment Management Offshore, Inc.
February 6, 2017	Its:   General Partner By:   /s/ David Nierenberg              David Nierenberg, President
	Nierenberg Investment Management Company, Inc.
February 6, 2017	By:   /s/ David Nierenberg              David Nierenberg, President
	Nierenberg Investment Management Offshore, Inc.
February 6, 2017	By:   /s/ David Nierenberg              David Nierenberg, President
February 6, 2017	/s/ David Nierenberg      David Nierenberg