Filing Details
- Accession Number:
- 0001193125-18-236978
- Form Type:
- 13D Filing
- Publication Date:
- 2018-08-02 21:18:34
- Filed By:
- Corvex Capital
- Company:
- Energen Corp (CVE:EGN)
- Filing Date:
- 2018-08-03
- 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 |
---|---|---|---|---|---|---|
CORVEX MANAGEMENT | 7,710,474 | 0 | 5,710,474 | 0 | 7,710,474 | 7.9% |
KEITH MEISTER | 7,710,474 | 0 | 5,710,474 | 0 | 7,710,474 | 7.9% |
HIGH RIVER LIMITED PARTNERSHIP | 1,211,998 | 0 | 1,611,998 | 0 | 1,611,998 | 1.7% |
HOPPER INVESTMENTS | 0 | 1,211,998 | 0 | 1,611,998 | 1,611,998 | 1.7% |
BARBERRY CORP | 0 | 1,211,998 | 0 | 1,611,998 | 1,611,998 | 1.7% |
ICAHN PARTNERS MASTER FUND | 2,020,205 | 0 | 2,671,342 | 0 | 2,671,342 | 2.7% |
ICAHN OFFSHORE | 0 | 2,020,205 | 0 | 2,671,342 | 2,671,342 | 2.7% |
ICAHN PARTNERS | 2,827,786 | 0 | 3,776,649 | 0 | 3,776,649 | 3.9% |
ICAHN ONSHORE | 0 | 2,827,786 | 0 | 3,776,649 | 3,776,649 | 3.9% |
ICAHN CAPITAL | 0 | 4,847,991 | 0 | 6,447,991 | 6,447,991 | 6.6% |
IPH GP | 0 | 4,847,991 | 0 | 6,447,991 | 6,447,991 | 6.6% |
ICAHN ENTERPRISES HOLDINGS | 0 | 4,847,991 | 0 | 6,447,991 | 6,447,991 | 6.6% |
ICAHN ENTERPRISES GP INC | 0 | 4,847,991 | 0 | 6,447,991 | 6,447,991 | 6.6% |
BECKTON CORP | 0 | 4,847,991 | 0 | 6,447,991 | 6,447,991 | 6.6% |
CARL C. ICAHN | 0 | 6,059,989 | 0 | 8,059,989 | 8,059,989 | 8.3% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 19)*
ENERGEN CORPORATION
(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE
(Title of Class of Securities)
29265N108
(CUSIP Number)
Keith Meister
Patrick J. Dooley, Esq.
Corvex Management LP
667 Madison Avenue
New York, NY 10065
(212) 474-6700
Jesse Lynn
Icahn Capital LP
767 Fifth Avenue, 47th Floor
New York, New York 10153
(212) 702-4300
COPIES TO:
Jeffrey L. Kochian
Akin Gump Strauss Hauer & Feld LLP
One Bryant Park
New York, NY 10036
(212) 872-8069
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
August 2, 2018
(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(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 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 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).
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
CORVEX MANAGEMENT LP | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
AF | |||||
5. | Check 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:
7,710,474* | ||||
8. | Shared Voting Power:
0 | |||||
9. | Sole Dispositive Power:
5,710,474* | |||||
10. | Shared Dispositive Power:
0 | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
7,710,474* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
7.9% | |||||
14. | Type of Reporting Person (See Instructions):
PN, IA |
* | See Items 4 and 5. |
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
KEITH MEISTER | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
AF | |||||
5. | Check 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:
7,710,474* | ||||
8. | Shared Voting Power:
0 | |||||
9. | Sole Dispositive Power:
5,710,474* | |||||
10. | Shared Dispositive Power:
0 | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
7,710,474* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
7.9% | |||||
14. | Type of Reporting Person (See Instructions):
IN, HC |
* | See Items 4 and 5. |
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
HIGH RIVER LIMITED PARTNERSHIP | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
WC | |||||
5. | Check 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:
1,211,998* | ||||
8. | Shared Voting Power:
0 | |||||
9. | Sole Dispositive Power:
1,611,998* | |||||
10. | Shared Dispositive Power:
0 | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
1,611,998* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
1.7% | |||||
14. | Type of Reporting Person (See Instructions):
PN |
* | See Items 4 and 5. |
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
HOPPER INVESTMENTS, LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
OO | |||||
5. | Check 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:
0 | ||||
8. | Shared Voting Power:
1,211,998* | |||||
9. | Sole Dispositive Power:
0 | |||||
10. | Shared Dispositive Power:
1,611,998* | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
1,611,998* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
1.7% | |||||
14. | Type of Reporting Person (See Instructions):
OO |
* | See Items 4 and 5. |
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
BARBERRY CORP. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
OO | |||||
5. | Check 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:
0 | ||||
8. | Shared Voting Power:
1,211,998* | |||||
9. | Sole Dispositive Power:
0 | |||||
10. | Shared Dispositive Power:
1,611,998* | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
1,611,998* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
1.7% | |||||
14. | Type of Reporting Person (See Instructions):
CO |
* | See Items 4 and 5. |
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
ICAHN PARTNERS MASTER FUND LP | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
WC | |||||
5. | Check 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:
2,020,205* | ||||
8. | Shared Voting Power:
0 | |||||
9. | Sole Dispositive Power:
2,671,342* | |||||
10. | Shared Dispositive Power:
0 | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
2,671,342* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
2.7% | |||||
14. | Type of Reporting Person (See Instructions):
PN |
* | See Items 4 and 5. |
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
ICAHN OFFSHORE LP | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
OO | |||||
5. | Check 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:
0 | ||||
8. | Shared Voting Power:
2,020,205* | |||||
9. | Sole Dispositive Power:
0 | |||||
10. | Shared Dispositive Power:
2,671,342* | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
2,671,342* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
2.7% | |||||
14. | Type of Reporting Person (See Instructions):
PN |
* | See Items 4 and 5. |
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
ICAHN PARTNERS LP | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
WC | |||||
5. | Check 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:
2,827,786* | ||||
8. | Shared Voting Power:
0 | |||||
9. | Sole Dispositive Power:
3,776,649* | |||||
10. | Shared Dispositive Power:
0 | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
3,776,649* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
3.9% | |||||
14. | Type of Reporting Person (See Instructions):
PN |
* | See Items 4 and 5. |
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
ICAHN ONSHORE LP | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
OO | |||||
5. | Check 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:
0 | ||||
8. | Shared Voting Power:
2,827,786* | |||||
9. | Sole Dispositive Power:
0 | |||||
10. | Shared Dispositive Power:
3,776,649* | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
3,776,649* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
3.9% | |||||
14. | Type of Reporting Person (See Instructions):
PN |
* | See Items 4 and 5. |
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
ICAHN CAPITAL LP | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
OO | |||||
5. | Check 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:
0 | ||||
8. | Shared Voting Power:
4,847,991* | |||||
9. | Sole Dispositive Power:
0 | |||||
10. | Shared Dispositive Power:
6,447,991* | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
6,447,991* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
6.6% | |||||
14. | Type of Reporting Person (See Instructions):
PN |
* | See Items 4 and 5. |
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
IPH GP LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
OO | |||||
5. | Check 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:
0 | ||||
8. | Shared Voting Power:
4,847,991* | |||||
9. | Sole Dispositive Power:
0 | |||||
10. | Shared Dispositive Power:
6,447,991* | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
6,447,991* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
6.6% | |||||
14. | Type of Reporting Person (See Instructions):
OO |
* | See Items 4 and 5. |
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
ICAHN ENTERPRISES HOLDINGS L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
OO | |||||
5. | Check 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:
0 | ||||
8. | Shared Voting Power:
4,847,991* | |||||
9. | Sole Dispositive Power:
0 | |||||
10. | Shared Dispositive Power:
6,447,991* | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
6,447,991* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
6.6% | |||||
14. | Type of Reporting Person (See Instructions):
PN |
* | See Items 4 and 5. |
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
ICAHN ENTERPRISES GP INC. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
OO | |||||
5. | Check 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:
0 | ||||
8. | Shared Voting Power:
4,847,991* | |||||
9. | Sole Dispositive Power:
0 | |||||
10. | Shared Dispositive Power:
6,447,991* | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
6,447,991* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
6.6% | |||||
14. | Type of Reporting Person (See Instructions):
CO |
* | See Items 4 and 5. |
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
BECKTON CORP. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
OO | |||||
5. | Check 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:
0 | ||||
8. | Shared Voting Power:
4,847,991* | |||||
9. | Sole Dispositive Power:
0 | |||||
10. | Shared Dispositive Power:
6,447,991* | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
6,447,991* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
6.6% | |||||
14. | Type of Reporting Person (See Instructions):
CO |
* | See Items 4 and 5. |
CUSIP No. 29265N108 |
1. | Name of Reporting Person:
CARL C. ICAHN | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): (a) ☒ (b) ☐
| |||||
3. | SEC Use Only:
| |||||
4. | Source of Funds (See Instructions):
OO | |||||
5. | Check 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:
0 | ||||
8. | Shared Voting Power:
6,059,989* | |||||
9. | Sole Dispositive Power:
0 | |||||
10. | Shared Dispositive Power:
8,059,989* | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person:
8,059,989* | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
13. | Percent of Class Represented by Amount in Row (11):
8.3% | |||||
14. | Type of Reporting Person (See Instructions):
IN |
* | See Items 4 and 5. |
This Amendment No. 19 supplements the information set forth in the Schedule 13D filed by Corvex Management LP and Keith Meister with the United States Securities and Exchange Commission (the SEC) on May 31, 2017, as previously amended (the Schedule 13D), relating to the shares of common stock, par value $0.01 per share (the Shares), of Energen Corporation, an Alabama corporation (the Issuer). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Schedule 13D.
The information set forth in response to each separate Item below shall be deemed to be a response to all Items where such information is relevant. The Schedule 13D is supplementally amended as follows.
Item 3. Source and Amount of Funds or Other Consideration
Corvex used the working capital of the Corvex Funds to purchase the 7,710,474 Shares reported herein. The total purchase price for the Shares reported as beneficially owned by the Corvex Persons was approximately $408,520,352.50.
Corvex may effect purchases of securities through margin accounts maintained for the Corvex Funds with brokers, which extend margin credit as and when required to open or carry positions in their margin accounts, subject to applicable federal margin regulations, stock exchange rules and such firms credit policies. Positions in Shares may be held in margin accounts and may be pledged as collateral security for the repayment of debit balances in such accounts.
The Icahn Persons may be deemed to be the beneficial owner of, in the aggregate, 8,059,989 Shares (including 2,000,000 Shares underlying the Option described in Item 4). Of such Shares, 6,059,989 Shares were purchased by the Icahn Persons collectively for an aggregate purchase price of $411,588,639. The exercise price for the Icahn Persons to acquire the Shares underlying the Option will be $134,740,000.
The source of funding for the Shares beneficially owned by the Icahn Persons (including Shares underlying the Option) was the general working capital of the respective purchasers. The Shares held by the Icahn Persons are held in margin accounts together with other securities. Such margin accounts may from time to time have debit balances. Part of the purchase price of such Shares was obtained through margin borrowing.
Item 5. Interest in Securities of the Issuer
(a)-(b) The Corvex Persons may be deemed to be the beneficial owner of 7,710,474 Shares, which represent approximately 7.9% of the Issuers outstanding Shares. By virtue of his position as control person of the general partner of Corvex, Mr. Meister may be considered to beneficially own such Shares. The Corvex Persons may be deemed to have sole power to vote 7,710,474 Shares and sole power to dispose of 5,710,474 Shares.
The Icahn Persons may be deemed to beneficially own, in the aggregate, 8,059,989 Shares (including Shares underlying the Option), representing approximately 8.3% of the Issuers outstanding Shares.
High River has sole voting power with regard to 1,211,998 Shares and sole dispositive power with regard to 1,611,998 Shares (including Shares underlying the Option). Each of Hopper, Barberry and Mr. Icahn has shared voting power and shared dispositive power with regard to such Shares. Icahn Master has sole voting power with regard to 2,020,205 Shares and sole dispositive power with regard to 2,671,342 Shares (including Shares underlying the Option). Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn has shared voting power and shared dispositive power with regard to such Shares. Icahn Partners has sole voting power with regard to 2,827,786 Shares and sole dispositive power with regard to 3,776,649 Shares (including Shares underlying the Option). Each of Icahn Onshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn has shared voting power and shared dispositive power with regard to such Shares.
Each of Hopper, Barberry and Mr. Icahn, by virtue of their relationships to High River (as disclosed in Item 2), may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934, as amended, the Act) the Shares which High River directly beneficially owns. Each of Hopper, Barberry
and Mr. Icahn disclaims beneficial ownership of such Shares for all other purposes. Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn, by virtue of their relationships to Icahn Master (as disclosed in Item 2), may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the Shares which Icahn Master directly beneficially owns. Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn disclaims beneficial ownership of such Shares for all other purposes. Each of Icahn Onshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn, by virtue of their relationships to Icahn Partners (as disclosed in Item 2), may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the Shares which Icahn Partners directly beneficially owns. Each of Icahn Onshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn disclaims beneficial ownership of such Shares for all other purposes.
The Covex Persons and Icahn Persons collectively beneficially own approximately 14.1% of the Issuers outstanding Shares.
The percentages in the foregoing paragraphs are calculated based on a total of 97,429,584 Shares outstanding as of May 2, 2018, as reported in the Issuers Quarterly Report on Form 10-Q filed with the SEC on May 9, 2018.
(c) Except as set forth in Exhibit 23 attached hereto or previously disclosed in the Schedule 13D, there have been no transactions in the Shares during the sixty days prior to the date hereof by any of the Reporting Persons.
(d) The limited partners of (or investors in) each of the private investment funds for which Corvex or its affiliates acts as general partner and/or investment adviser have the right to participate in the receipt of dividends from, or proceeds from the sale of, the Shares held for the accounts of their respective funds in accordance with their respective limited partnership interests (or investment percentages) in their respective funds.
(e) Not applicable.
Item 7. Material to be Filed as Exhibits
Exhibit 23 Transactions in the Shares effected in the past 60 days.
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.
Date: August 2, 2018
CORVEX MANAGEMENT LP | ||||
By: | /s/ Keith Meister | |||
Keith Meister | ||||
Managing Partner | ||||
KEITH MEISTER | ||||
By: | /s/ Keith Meister | |||
Keith Meister | ||||
ICAHN PARTNERS MASTER FUND LP ICAHN OFFSHORE LP ICAHN PARTNERS LP ICAHN ONSHORE LP BECKTON CORP. HOPPER INVESTMENTS LLC BARBERRY CORP. HIGH RIVER LIMITED PARTNERSHIP | ||||
By: | Hopper Investments LLC, general partner | |||
By: | Barberry Corp. | |||
By: | /s/ Edward E. Mattner | |||
Name: Edward E. Mattner | ||||
Title: Authorized Signatory | ||||
ICAHN CAPITAL LP | ||||
By: | IPH GP LLC, its general partner | |||
By: | Icahn Enterprises Holdings L.P., its sole member | |||
By: | Icahn Enterprises G.P. Inc., its general partner |
IPH GP LLC | ||||
By: | Icahn Enterprises Holdings L.P., its sole member | |||
By: | Icahn Enterprises G.P. Inc., its general partner | |||
ICAHN ENTERPRISES HOLDINGS L.P. | ||||
By: | Icahn Enterprises G.P. Inc., its general partner | |||
ICAHN ENTERPRISES G.P. INC. | ||||
By: | /s/ SungHwan Cho | |||
Name: SungHwan Cho | ||||
Title: Chief Financial Officer |
/s/ Carl C. Icahn |
CARL C. ICAHN |