UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 35)*
Lighting Science Group Corporation
(Name of Issuer)
Common Stock, par value $.001 per share
(Title of Class of Securities)
53224G103
(CUSIP Number)
Daniel Stencel
LED Holdings, LLC
c\o Pegasus Capital Advisors, L.P.
99 River Road
Cos Cob, CT 06807
(203) 869-4400
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
July 18, 2014
(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 Rule 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. 53224G103
(1) | Names of reporting persons
LED Holdings, LLC 26-0299414 | |||||
(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
20,972,495 | ||||
(8) | Shared voting power
-0- | |||||
(9) | Sole dispositive power
20,972,495 | |||||
(10) | Shared dispositive power
-0- | |||||
(11) |
Aggregate amount beneficially owned by each reporting person
20,972,495 | |||||
(12) | Check if the aggregate amount in Row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in Row (11)
10.0%(1) | |||||
(14) | Type of reporting person (see instructions)
OO |
(1) | Based on 209,604,553 shares of common stock outstanding as of July 16, 2014, as disclosed in the Issuers Proxy Statement filed with the SEC on August 1, 2014. |
CUSIP No. 53224G103
(1) | Names of reporting persons
PP IV (AIV) LED, LLC 26-0240524 | |||||
(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
154,089,828 | ||||
(8) | Shared voting power
-0- | |||||
(9) | Sole dispositive power
154,089,828 | |||||
(10) | Shared dispositive power
-0- | |||||
(11) |
Aggregate amount beneficially owned by each reporting person
154,089,828 | |||||
(12) | Check if the aggregate amount in Row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in Row (11)
73.5%(1) | |||||
(14) | Type of reporting person (see instructions)
OO |
(1) | Based on 209,604,553 shares of common stock outstanding as of July 16, 2014, as disclosed in the Issuers Proxy Statement filed with the SEC on August 1, 2014. |
CUSIP No. 53224G103
(1) | Names of reporting persons
PP IV LED, LLC 26-0196366 | |||||
(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
154,089,828 | ||||
(8) | Shared voting power
-0- | |||||
(9) | Sole dispositive power
154,089,828 | |||||
(10) | Shared dispositive power
-0- | |||||
(11) |
Aggregate amount beneficially owned by each reporting person
154,089,828 | |||||
(12) | Check if the aggregate amount in Row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in Row (11)
73.5%(1) | |||||
(14) | Type of reporting person (see instructions)
OO |
(1) | Based on 209,604,553 shares of common stock outstanding as of July 16, 2014, as disclosed in the Issuers Proxy Statement filed with the SEC on August 1, 2014. |
CUSIP No. 53224G103
(1) | Names of reporting persons
PEGASUS PARTNERS IV, LP 20-8228643 | |||||
(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
249,116,311(1) | ||||
(8) | Shared voting power
-0- | |||||
(9) | Sole dispositive power
249,116,311(1) | |||||
(10) | Shared dispositive power
-0- | |||||
(11) |
Aggregate amount beneficially owned by each reporting person
249,116,311(1) | |||||
(12) | Check if the aggregate amount in Row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in Row (11)
83.4%(1)(2) | |||||
(14) | Type of reporting person (see instructions)
PN |
(1) | Includes common stock issuable upon the conversion of 15,577 shares of Series I Convertible Preferred Stock at a ratio of approximately 1,053 shares of common stock for each share of Series I Convertible Preferred Stock, 19,657 shares of Series J Convertible Preferred Stock at a ratio of approximately 1,053 shares of common stock for each share of Series J Convertible Preferred Stock and 19,657 warrants at a ratio of approximately 2,650 shares of common stock for each warrant. |
(2) | Based on 209,604,553 shares of common stock outstanding as of July 16, 2014, as disclosed in the Issuers Proxy Statement filed with the SEC on August 1, 2014. |
CUSIP No. 53224G103
(1) | Names of reporting persons
LSGC Holdings LLC 27-3651400 | |||||
(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
154,089,828 | ||||
(8) | Shared voting power
-0- | |||||
(9) | Sole dispositive power
154,089,828 | |||||
(10) | Shared dispositive power
-0- | |||||
(11) |
Aggregate amount beneficially owned by each reporting person
154,089,828 | |||||
(12) | Check if the aggregate amount in row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in row (11)
73.5%(1) | |||||
(14) | Type of reporting person (see instructions)
OO |
(1) | Based on 209,604,553 shares of common stock outstanding as of July 16, 2014, as disclosed in the Issuers Proxy Statement filed with the SEC on August 1, 2014. |
CUSIP No. 53224G103
(1) | Names of reporting persons:
LSGC Holdings II LLC 45-3443986 | |||||
(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:
92,056,786(1) | ||||
(8) | Shared voting power:
-0- | |||||
(9) | Sole dispositive power:
92,056,786(1) | |||||
(10) | Shared dispositive power:
-0- | |||||
(11) |
Aggregate amount beneficially owned by each reporting person:
92,056,786(1) | |||||
(12) | Check if the aggregate amount in row (11) excludes certain shares (see instructions):
| |||||
(13) | Percent of class represented by amount in row (11):
30.8%(1)(2) | |||||
(14) | Type of reporting person (see instructions):
OO |
(1) | Includes common stock issuable upon the conversion of 15,577 shares of Series I Convertible Preferred Stock at a ratio of approximately 1,053 shares of common stock for each share of Series I Convertible Preferred Stock, 19,657 shares of Series J Convertible Preferred Stock at a ratio of approximately 1,053 shares of common stock for each share of Series J Convertible Preferred Stock and 19,657 warrants at a ratio of approximately 2,650 shares of common stock for each warrant. |
(2) | Based on 209,604,553 shares of common stock outstanding as of July 16, 2014, as disclosed in the Issuers Proxy Statement filed with the SEC on August 1, 2014. |
CUSIP No. 53224G103
(1) | Names of reporting persons:
PCA LSG Holdings, LLC 45-3836143 | |||||
(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:
52,217,319(1) | ||||
(8) | Shared voting power:
-0- | |||||
(9) | Sole dispositive power:
52,217,319(1) | |||||
(10) | Shared dispositive power:
-0- | |||||
(11) |
Aggregate amount beneficially owned by each reporting person:
52,217,319(1) | |||||
(12) | Check if the aggregate amount in row (11) excludes certain shares (see instructions):
¨ | |||||
(13) | Percent of class represented by amount in row (11):
20.1%(1)(2) | |||||
(14) | Type of reporting person (see instructions):
OO |
(1) | Includes common stock issuable upon the conversion of 18,316 shares of Series I Convertible Preferred Stock at a ratio of approximately 1,053 shares of common stock for each share of Series I Convertible Preferred Stock, 8,500 shares of Series J Convertible Preferred Stock at a ratio of approximately 1,053 shares of common stock for each share of Series J Convertible Preferred Stock and 8,500 warrants at a ratio of approximately 2,650 shares of common stock for each warrant. |
(2) | Based on 209,604,553 shares of common stock outstanding as of July 16, 2014, as disclosed in the Issuers Proxy Statement filed with the SEC on August 1, 2014. |
CUSIP No. 53224G103
(1) | Names of reporting persons
PEGASUS INVESTORS IV, LP 20-8228567 | |||||
(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
249,116,311(1) | ||||
(8) | Shared voting power
-0- | |||||
(9) | Sole dispositive power
249,116,311(1) | |||||
(10) | Shared dispositive power
-0- | |||||
(11) |
Aggregate amount beneficially owned by each reporting person
249,116,311(1) | |||||
(12) | Check if the aggregate amount in row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in row (11)
83.4%(1)(2) | |||||
(14) | Type of reporting person (see instructions)
PN |
(1) | Includes common stock issuable upon the conversion of 15,577 shares of Series I Convertible Preferred Stock at a ratio of approximately 1,053 shares of common stock for each share of Series I Convertible Preferred Stock, 19,657 shares of Series J Convertible Preferred Stock at a ratio of approximately 1,053 shares of common stock for each share of Series J Convertible Preferred Stock and 19,657 warrants at a ratio of approximately 2,650 shares of common stock for each warrant. |
(2) | Based on 209,604,553 shares of common stock outstanding as of July 16, 2014, as disclosed in the Issuers Proxy Statement filed with the SEC on August 1, 2014. |
CUSIP No. 53224G103
(1) | Names of reporting persons
PEGASUS INVESTORS IV GP, LLC 20-8228323 | |||||
(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
254,116,311(1) | ||||
(8) | Shared voting power
-0- | |||||
(9) | Sole dispositive power
254,116,311(1) | |||||
(10) | Shared dispositive power
-0- | |||||
(11) |
Aggregate amount beneficially owned by each reporting person
254,116,311(1) | |||||
(12) | Check if the aggregate amount in row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in row (11)
83.7%(1)(2) | |||||
(14) | Type of reporting person (see instructions)
OO |
(1) | Includes common stock issuable upon the conversion of 15,577 shares of Series I Convertible Preferred Stock at a ratio of approximately 1,053 shares of common stock for each share of Series I Convertible Preferred Stock, 19,657 shares of Series J Convertible Preferred Stock at a ratio of approximately 1,053 shares of common stock for each share of Series J Convertible Preferred Stock, 19,657 warrants at a ratio of approximately 2,650 shares of common stock for each warrant and a warrant to purchase 5,000,000 shares of common stock held by Pegasus Capital Partners IV, L.P. |
(2) | Based on 209,604,553 shares of common stock outstanding as of July 16, 2014, as disclosed in the Issuers Proxy Statement filed with the SEC on August 1, 2014. |
CUSIP No. 53224G103
(1) | Names of reporting persons
PEGASUS CAPITAL, LLC 06-1463162 | |||||
(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
Connecticut | |||||
Number of shares beneficially owned by each reporting person with
|
(7) | Sole voting power
311,333,630(1) | ||||
(8) | Shared voting power
-0- | |||||
(9) | Sole dispositive power
311,333,630(1) | |||||
(10) | Shared dispositive power
-0- | |||||
(11) |
Aggregate amount beneficially owned by each reporting person
311,333,630(1) | |||||
(12) | Check if the aggregate amount in Row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in Row (11)
86.6%(1)(2) | |||||
(14) | Type of reporting person (see instructions)
OO |
(1) | Includes common stock issuable upon the conversion of 33,893 shares of Series I Convertible Preferred Stock at a ratio of approximately 1,053 shares of common stock for each share of Series I Convertible Preferred Stock, 28,157 shares of Series J Convertible Preferred Stock at a ratio of approximately 1,053 shares of common stock for each share of Series J Convertible Preferred Stock, 28,157 warrants at a ratio of approximately 2,650 shares of common stock for each warrant, a warrant to purchase 5,000,000 shares of common stock held by Pegasus Capital Partners IV, L.P. and a warrant to purchase 5,000,000 shares of common stock held by Pegasus Capital Partners V, L.P. |
(2) | Based on 209,604,553 shares of common stock outstanding as of July 16, 2014, as disclosed in the Issuers Proxy Statement filed with the SEC on August 1, 2014. |
CUSIP No. 53224G103
(1) | Names of reporting persons
CRAIG COGUT | |||||
(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
312,576,613(1) | ||||
(8) | Shared voting power
-0- | |||||
(9) | Sole dispositive power
312,576,613 (1) | |||||
(10) | Shared dispositive power
-0- | |||||
(11) |
Aggregate amount beneficially owned by each reporting person
312,576,613 (1) | |||||
(12) | Check if the aggregate amount in Row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in Row (11)
86.9%(1)(2) | |||||
(14) | Type of reporting person (see instructions)
IN |
(1) | Includes 640,000 shares of restricted stock issued to Pegasus Capital Advisors IV, L.P. related to director compensation in 2014 that are fully votable, but vest on January 1, 2015. Also includes common stock issuable upon the conversion of 33,893 shares of Series I Convertible Preferred Stock at a ratio of approximately 1,053 shares of common stock for each share of Series I Convertible Preferred Stock, 28,157 shares of Series J Convertible Preferred Stock at a ratio of approximately 1,053 shares of common stock for each share of Series J Convertible Preferred Stock, 28,157 warrants at a ratio of approximately 2,650 shares of common stock for each warrant, a warrant to purchase 5,000,000 shares of common stock held by Pegasus Capital Partners IV, L.P. and a warrant to purchase 5,000,000 shares of common stock held by Pegasus Capital Partners V, L.P. |
(2) | Based on 209,604,553 shares of common stock outstanding as of July 16, 2014, as disclosed in the Issuers Proxy Statement filed with the SEC on August 1, 2014. |
Amendment No. 35 to Schedule 13D
This Amendment No. 35 amends and supplements the Schedule 13D (the Schedule 13D) filed on behalf of LED Holdings, LLC (LED Holdings), Pegasus Capital Advisors, L.P. (PCA), Pegasus Capital Advisors GP, L.L.C. (PCA GP), PP IV (AIV) LED, LLC (PPAIV), PP IV LED, LLC (PPLED), Pegasus Partners IV, L.P. (PPIV), LSGC Holdings LLC (LSGC Holdings), LSGC Holdings II LLC (LSGC Holdings II), PCA LSG Holdings, LLC (PCA Holdings) Pegasus Investors IV, L.P. (PIIV), Pegasus Investors IV GP, L.L.C. (PIGP), Pegasus Capital, LLC (PCLLC), and Craig Cogut (Mr. Cogut, and together with LED Holdings, PPAIV, PPLED, PPIV, LSGC Holdings, LSGC Holdings II, PCA Holdings, PIIV, PIGP and PCLLC, the Reporting Persons) with the Securities and Exchange Commission (the SEC), as the case may be, on October 15, 2007, as amended by Amendment No. 1 filed on April 11, 2008, Amendment No. 2 filed on May 1, 2008, Amendment No. 3 filed on July 30, 2008, Amendment No. 4 filed on January 12, 2009, Amendment No. 5 filed on February 20, 2009, Amendment No. 6 filed on May 22, 2009, Amendment No. 7 filed on August 17, 2009, Amendment No. 8 filed on September 1, 2009, Amendment No. 9 filed on March 8, 2010, Amendment No. 10 filed on March 24, 2010, Amendment No. 11 filed on April 28, 2010, Amendment No. 12 filed on May 14, 2010, Amendment No. 13 filed on July 2, 2010, Amendment No. 14 filed on July 16, 2010, Amendment No. 15 filed on November 5, 2010, Amendment No. 16 filed on December 28, 2010, Amendment No. 17 filed on February 2, 2011, Amendment No. 18 filed on February 18, 2011, Amendment No. 19 filed on May 26, 2011, Amendment No. 20 filed on December 13, 2011, Amendment No. 21 filed on December 23, 2011, Amendment No. 22 filed on January 30, 2012, Amendment No. 23 filed on April 4, 2012, Amendment No. 24 filed on April 24, 2012, Amendment No. 25 filed on May 31, 2012, Amendment No. 26 on October 1, 2012, Amendment No. 27 filed on September 17, 2013, Amendment No. 28 filed on December 5, 2013, Amendment No. 29 filed on January 8, 2014, Amendment No. 30 filed on January 15, 2014, Amendment No. 31 filed on February 12, 2014, Amendment No. 32 filed on February 21, 2014, Amendment No. 33 filed on April 7, 2014, and Amendment No. 34 filed on June 23, 2014. Except as specifically provided herein, this Amendment No. 35 supplements, but does not modify any of the disclosure previously reported in the Schedule 13D and the amendments referenced above. Each capitalized term used but not defined herein has the meaning ascribed to such term in the Schedule 13D, as amended.
Item 4. | Purpose of Transaction |
Item 4 of Schedule 13D is supplemented and superseded, as the case may be, as follows:
As disclosed in the Proxy Statement of Lighting Science Group Corporation (the Issuer) filed with the SEC on August 1, 2014 (the Proxy Statement), LSCG Holdings II, PCA Holdings and their affiliates, in connection with the designation rights under the Certificate of Designation governing the Issuers Series I Convertible Preferred Stock (the Series I Certificate of Designation), have designated Seth Bernstein (Mr. Bernstein) for election to the Board of Directors (the Board) of the Issuer at the Issuers Annual Meeting of Stockholders (the Annual Meeting) to be held on August 28, 2014, in addition to designating for re-election Mr. Cogut, who is currently serving as Chairman of the Board of the Issuer, Richard H. Davis, Jr. (Mr. Davis), who is currently serving as a director and Interim Chief Executive Officer of the Issuer, and Jonathan Rosenbaum (Mr. Rosenbaum), who is currently serving as a director. Messrs. Cogut and Davis are representatives and affiliates of PCA, Pegasus Capital Advisors IV, L.P. and their affiliates. Mr. Rosenbaum is a designee of LSGC Holdings II, PCA Holdings and their affiliates. Mr. Bernstein is a Senior Advisor to Mr. Cogut and PCA and Mr. Bernstein have entered into a general consulting agreement pursuant to which Mr. Bernstein provides consulting services to PCA.
Pursuant to the Series I Certificate of Designation, LSGC Holdings II, PCA Holdings and their affiliates may elect a portion of the Board equal to LSGC Holdings IIs, PCA Holdings and their affiliates proportionate share of the Issuers common stock on a fully diluted basis and may designate a director to serve as Chairman of the Board. In connection with the right to elect directors pursuant to the Series I Certificate of Designation, LSGC Holdings II, PCA Holdings and their affiliates may elect additional directors to the Board and/or replace the directors they have elected to the Board pursuant to the terms of the Series I Certificate of Designation.
Warner Phillips (Mr. Phillips), an operating advisor for PCA, is currently serving as a director on the Board. As disclosed in the Proxy Statement, Mr. Phillips has also been nominated for re-election to the Board at the Annual Meeting. In addition, Sanford Climan (Mr. Climan), an operating advisor for PCA, and General James L. Jones (General Jones), who each were recommended to serve on the Issuers Board by a representative of PCA and its affiliates, were each appointed to the Board to fill a vacancy on the Board and currently serve on the Board. General Jones serves as a strategic advisor to PCA and is the President of Jones International Group LLC, d/b/a Jones Group International (Jones Group International). PCA and Jones Group International plan to enter into a general consulting agreement pursuant to which General Jones will provide consulting services to PCA. As disclosed in the Issuers Proxy Statement, both Mr. Climan and General Jones have been nominated for re-election to the Board at the Annual Meeting.
The Reporting Persons continuously assess the Issuers business, financial condition, results of operations and prospects, general economic conditions, other developments and additional investment opportunities. Depending on such assessments, the Reporting Persons and/or their affiliates may acquire additional securities of the Issuer, including but not limited to common stock, existing preferred securities or new securities of the Issuer or may determine to purchase, sell or otherwise dispose of all or some of the Issuers securities in the open market, as applicable, in privately negotiated transactions, in transactions directly with the Issuer or otherwise. Such actions will depend upon a variety of factors, including, without limitation, current and anticipated future trading prices, the financial condition, results of operations and prospects of the Issuer, alternative investment opportunities, general economic, financial market and industry conditions and other factors that the Reporting Persons and/or their affiliates may deem material to its investment decision. Also, the Reporting Persons and/or their affiliates have had and will continue to have discussions with management regarding the operations of the Issuer and matters of mutual interest, which could include the items in subparagraphs (a) through (j) of Item 4 of Schedule 13D.
Except as set forth herein and/or in previous amendments to this Schedule 13D, as the case may be, the Reporting Persons do not have present plans or proposals at this time that relate to or would result in any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.
Item 5. | Interest in Securities of the Issuer |
Item 5 of this Schedule 13D is hereby amended and restated in its entirety as follows:
(a) (b) Items 7 through 11 and 13 of each of the cover pages of this amended Schedule 13D are incorporated herein by reference. Such information is based upon 209,604,553 shares of common stock outstanding as of July 16, 2014, as disclosed in the Issuers Proxy Statement filed with the SEC on August 1, 2014.
(c) Except as set forth herein and/or in our previously filed amendments to Schedule 13D, as the case may be, there have been no other transactions in the class of securities reported on that were effected within the past 60 days.
(d) The disclosure regarding the relationship between the Reporting Persons in Item 2(f) of Amendment No. 28 to this Schedule 13D is incorporated by reference herein.
(e) N/A
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 4, 2014
LED HOLDINGS, LLC | ||
By: | /s/ Daniel Stencel | |
Name: | Daniel Stencel | |
Title: | Manager | |
PP IV (AIV) LED, LLC | ||
By: | Pegasus Partners IV (AIV), L.P., | |
its sole member | ||
By: | Pegasus Investors IV, L.P., | |
its general partner | ||
By: | Pegasus Investors IV GP, L.L.C., | |
its general partner | ||
By: | /s/ Daniel Stencel | |
Name: | Daniel Stencel | |
Title: | Chief Financial Officer and Treasurer | |
PP IV LED, LLC | ||
By: | Pegasus Partners IV, L.P., | |
its sole member | ||
By: | Pegasus Investors IV, L.P., | |
its general partner | ||
By: | Pegasus Investors IV GP, L.L.C., | |
its general partner | ||
By: | /s/ Daniel Stencel | |
Name: | Daniel Stencel | |
Title: | Chief Financial Officer and Treasurer |
PEGASUS PARTNERS IV, L.P. | ||
By: | Pegasus Investors IV, L.P. | |
its general partner | ||
By: | Pegasus Investors IV GP, L.L.C., | |
its general partner | ||
By: | /s/ Daniel Stencel | |
Name: | Daniel Stencel | |
Title: | Chief Financial Officer and Treasurer | |
LSGC HOLDINGS LLC | ||
By: | Pegasus Partners IV, L.P., | |
its managing member | ||
By: | Pegasus Investors IV, L.P., | |
its general partner | ||
By: | Pegasus Investors IV GP, L.L.C., | |
its general partner | ||
By: | /s/ Daniel Stencel | |
Name: | Daniel Stencel | |
Title: | Chief Financial Officer and Treasurer | |
LSGC HOLDINGS II LLC | ||
By: | Pegasus Partners IV, L.P., | |
its sole member | ||
By: | Pegasus Investors IV, L.P., | |
its general partner |
By: | Pegasus Investors IV GP, L.L.C., | |
its general partner | ||
By: | /s/ Daniel Stencel | |
Name: | Daniel Stencel | |
Title: | Chief Financial Officer and Treasurer | |
PCA LSG HOLDINGS, LLC | ||
By: | Pegasus Capital, LLC, | |
its managing member | ||
By: | /s/ Craig Cogut | |
Name: | Craig Cogut | |
Title: | President & Managing Member | |
PEGASUS INVESTORS IV, L.P. | ||
By: | Pegasus Investors IV GP, L.L.C., | |
its general partner | ||
By: | /s/ Daniel Stencel | |
Name: | Daniel Stencel | |
Title: | Chief Financial Officer and Treasurer | |
PEGASUS INVESTORS IV GP, L.L.C. | ||
By: | /s/ Daniel Stencel | |
Name: | Daniel Stencel | |
Title: | Chief Financial Officer and Treasurer | |
PEGASUS CAPITAL, LLC | ||
By: | /s/ Craig Cogut | |
Name: | Craig Cogut | |
Title: | President & Managing Member | |
/s/ Craig Cogut | ||
CRAIG COGUT |