0000950123-15-003040.txt : 20150218 0000950123-15-003040.hdr.sgml : 20150216 20150217171228 ACCESSION NUMBER: 0000950123-15-003040 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150217 DATE AS OF CHANGE: 20150217 GROUP MEMBERS: GEORGE G. VILLERE GROUP MEMBERS: GEORGE V. YOUNG GROUP MEMBERS: ST. DENIS J. VILLERE II GROUP MEMBERS: ST. DENIS J. VILLERE III SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CONNS INC CENTRAL INDEX KEY: 0001223389 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES [5731] IRS NUMBER: 061672840 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79403 FILM NUMBER: 15624257 BUSINESS ADDRESS: STREET 1: 4055 TECHNOLOGY FOREST BLVD, SUITE 210 CITY: THE WOODLANDS STATE: TX ZIP: 77381 BUSINESS PHONE: 9362305899 MAIL ADDRESS: STREET 1: 4055 TECHNOLOGY FOREST BLVD, SUITE 210 CITY: THE WOODLANDS STATE: TX ZIP: 77381 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VILLERE ST DENIS J & CO LLC CENTRAL INDEX KEY: 0001113629 IRS NUMBER: 720343760 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 601 POYDRAS ST. STREET 2: SUITE 1808 CITY: NEW ORLEANS STATE: LA ZIP: 70130 BUSINESS PHONE: 504-525-0808 MAIL ADDRESS: STREET 1: 601 POYDRAS ST. STREET 2: SUITE 1808 CITY: NEW ORLEANS STATE: LA ZIP: 70130 FORMER COMPANY: FORMER CONFORMED NAME: VILLERE ST DENIS J & CO DATE OF NAME CHANGE: 20000505 SC 13G/A 1 d876879dsc13ga.htm SC 13G/A SC 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 2)

 

 

CONN’S INC.

(Name of Issuer)

Voting Shares of Common Stock

(Title of Class of Securities)

208242107

(CUSIP Number)

December 31, 2014

Date of Event Which Requires Reporting

 

 

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).

 

 

 

 

(1)


CUSIP No. 208242107 Page 2 of 10

 

  (1) 

Name of reporting person

 

St. Denis J. Villere & Company, L.L.C.

  (2)

Check the appropriate box if a member of a group*

(a)  ¨        (b)  x

 

  (3)

SEC use only

 

  (4)

Citizenship or place or organization

 

    Louisiana

Number of

shares

beneficially

owned by

each

reporting

person

with:

(5) 

Sole voting power

 

(6)

Shared voting power

 

    1,406,407

(7)

Sole dispositive power

 

(8)

Shared dispositive power

 

    1,372,682

  (9)

Aggregate amount beneficially owned by each reporting person

 

    1,406,407 Shares

(10)

Check box if the aggregate amount in Row (9) excludes certain shares*

 

    N/A

(11)

Percent of class represented by amount in Row 9

 

    3.88%

(12)

Type of reporting person*

 

    IA

 


CUSIP No. 208242107 Page 3 of 10

 

  (1) 

Name of reporting person

 

George V. Young

  (2)

Check the appropriate box if a member of a group*

(a)  ¨        (b)  x

 

  (3)

SEC use only

 

  (4)

Citizenship or place or organization

 

    Louisiana

Number of

shares

beneficially

owned by

each

reporting

person

with:

(5) 

Sole voting power

 

(6)

Shared voting power

 

    1,406,407

(7)

Sole dispositive power

 

    8,000

(8)

Shared dispositive power

 

    1,380,682

  (9)

Aggregate amount beneficially owned by each reporting person

 

    1,406,407 Shares

(10)

Check box if the aggregate amount in Row (9) excludes certain shares*

 

    N/A

(11)

Percent of class represented by amount in Row 9

 

    3.88%

(12)

Type of reporting person*

 

    IN

 


CUSIP No. 208242107 Page 4 of 10

 

  (1) 

Name of reporting person

 

St. Denis J. Villere II

  (2)

Check the appropriate box if a member of a group*

(a)  ¨        (b)  x

 

  (3)

SEC use only

 

  (4)

Citizenship or place or organization

 

    Louisiana

Number of

shares

beneficially

owned by

each

reporting

person

with:

(5) 

Sole voting power

 

(6)

Shared voting power

 

    1,406,407

(7)

Sole dispositive power

 

    25,500

(8)

Shared dispositive power

 

    1,398,182

  (9)

Aggregate amount beneficially owned by each reporting person

 

    1,406,407 Shares

(10)

Check box if the aggregate amount in Row (9) excludes certain shares*

 

    N/A

(11)

Percent of class represented by amount in Row 9

 

    3.88%

(12)

Type of reporting person*

 

    IN

 


CUSIP No. 208242107 Page 5 of 10

 

  (1) 

Name of reporting person

 

St. Denis J. Villere III

  (2)

Check the appropriate box if a member of a group*

(a)  ¨        (b)  x

 

  (3)

SEC use only

 

  (4)

Citizenship or place or organization

 

    Louisiana

Number of

shares

beneficially

owned by

each

reporting

person

with:

(5) 

Sole voting power

 

(6)

Shared voting power

 

    1,406,407

(7)

Sole dispositive power

 

     225

(8)

Shared dispositive power

 

    1,372,907

  (9)

Aggregate amount beneficially owned by each reporting person

 

    1,406,407 Shares

(10)

Check box if the aggregate amount in Row (9) excludes certain shares*

 

    N/A

(11)

Percent of class represented by amount in Row 9

 

    3.88%

(12)

Type of reporting person*

 

    IN

 


CUSIP No. 208242107 Page 6 of 10

 

  (1) 

Name of reporting person

 

George G. Villere

  (2)

Check the appropriate box if a member of a group*

(a)  ¨        (b)  x

 

  (3)

SEC use only

 

  (4)

Citizenship or place or organization

 

    Louisiana

Number of

shares

beneficially

owned by

each

reporting

person

with:

(5) 

Sole voting power

 

(6)

Shared voting power

 

    1,406,407

(7)

Sole dispositive power

 

(8)

Shared dispositive power

 

    1,372,682

  (9)

Aggregate amount beneficially owned by each reporting person

 

    1,406,407 Shares

(10)

Check box if the aggregate amount in Row (9) excludes certain shares*

 

    N/A

(11)

Percent of class represented by amount in Row 9

 

    3.88%

(12)

Type of reporting person*

 

    IN

 


CUSIP No. 208242107 Page 7 of 10

 

SCHEDULE 13G

ITEM 1.

(a)–(b) This Schedule 13G/A relates to Shares of the Voting Shares of Common Stock (the “Shares”) of CONN’S INC., a Delaware corporation (the “Issuer”), whose principal executive offices are located at 3295 College St., Beaumont, TX 77701.

ITEM 2.

(a) This Statement is filed by and on behalf of each of the following persons (collectively, the “Reporting Persons”):

 

  1. St. Denis J. Villere & Company, L.L.C. (“Villere”);

 

  2. George V. Young;

 

  3. St. Denis J. Villere II;

 

  4. St. Denis J. Villere III;

 

  5. George G. Villere.

Each of the Reporting Persons is party to that certain Joint Filing Agreement, attached as Exhibit A. Villere is a registered investment advisor which beneficially owns Shares in various accounts under its management and control. Messrs. G. Young, S. Villere II, S. Villere III and G. Villere serve as members of Villere.

(b) The principal business office of Reporting Persons is located at 601 Poydras St., Suite 1808, New Orleans, Louisiana 70130.

(c) Villere is a Louisiana limited liability company. Messrs. Young, Villere, Villere, and Villere are citizens of the United States of America.

(d) Title of Class of Securities: Voting Shares of Common Stock.

(e) CUSIP Number: 208242107.

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).


CUSIP No. 208242107 Page 8 of 10

 

(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) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(K).

 

ITEM 4. Ownership.

 

(a) and (b) Amount beneficially owned and Percent of Class:

As of the date of this Statement, the Reporting Persons beneficially owned in the aggregate 1,406,407 Shares of Common Stock which equates to approximately 3.88% of the outstanding Shares (the percentage of Shares of Common Stock owned being based upon 72,381,433.00 Shares of Common Stock outstanding at October 23, 2014 as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2014). Villere has direct beneficial ownership of the Shares of Common Stock in the accounts for which it serves as the investment adviser under its investment management agreements.

Each of Messrs. Young, S. Villere II, S. Villere III and G. Villere, as a member of Villere, may be deemed the beneficial owners of the 1,406,407 Shares beneficially owned by Villere, which represents approximately 3.88% of the issued and outstanding Shares. Messrs. Young, S. Villere II, S. Villere III and G. Villere disclaim beneficial ownership of such Shares, except for the following: Mr. Young owns 8,000 Shares, Mr. S. Villere II owns 25,500 Shares and Mr. S. Villere III owns 225 Shares.

 

(c) Power to vote or dispose.

Villere has shared power to vote 1,406,407 Shares and the shared power to dispose of 1,372,682 Shares.

Messrs. Young, S. Villere II, S. Villere III and G. Villere have the shared power to vote 1,406,407 Shares and the shared power to dispose of the number of shares set forth in box 8 of their respective cover sheet. Mr. Young has the sole power to dispose of 8,000 Shares. Mr. S. Villere II has sole power to dispose of 25,500 Shares. Mr. S. Villere III has sole power to dispose of 225 Shares.


CUSIP No. 208242107 Page 9 of 10

 

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

This Schedule 13G is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than 5 percent of the class of Shares.

 

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

See Item 2.

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.

Villere is an investment adviser registered under Section 203 of the Investment Advisers Act of 1940, and its principal business is managing a number of accounts containing securities over which Villere has voting and dispositive power. Each of Messrs. Young, S. Villere II, S. Villere III and G. Villere has a controlling interest in Villere.

 

ITEM 9. Notice of Dissolution of Group.

Not Applicable

 

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 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.


CUSIP No. 208242107 Page 10 of 10

 

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: February 16, 2015

 

ST. DENIS J. VILLERE & COMPANY, L.L.C.
By:

/s/ George Young

Name: George Young
Title: Member
GEORGE V. YOUNG

/s/ George Young

ST. DENIS J. VILLERE II

/s/ St. Denis J. Villere II

ST. DENIS J. VILLERE III

/s/ St. Denis J. Villere III

GEORGE G. VILLERE

/s/ George Villere


JOINT FILING AGREEMENT

The undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G/A referred to below) on behalf of each of them of a statement on Schedule 13G/A (including amendments thereto) with respect to the Common Stock of Conn’s Inc. and that this Agreement be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts all of which taken together shall constitute one and the same instrument.

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement this February 13, 2015.

 

ST. DENIS J. VILLERE & COMPANY, L.L.C.
By:

/s/ George Young

Name: George Young
Title: Member
GEORGE V. YOUNG

/s/ George Young

ST. DENIS J. VILLERE, II

/s/ St. Denis J. Villere, II

ST. DENIS J. VILLERE, III

/s/ St. Denis J. Villere, III

GEORGE G. VILLERE

/s/ George Villere