0001104659-16-096071.txt : 20160212 0001104659-16-096071.hdr.sgml : 20160212 20160211200820 ACCESSION NUMBER: 0001104659-16-096071 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160212 DATE AS OF CHANGE: 20160211 GROUP MEMBERS: 5-N INVESTMENTS, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Adeptus Health Inc. CENTRAL INDEX KEY: 0001602367 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HOSPITALS [8060] IRS NUMBER: 465037387 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88395 FILM NUMBER: 161413749 BUSINESS ADDRESS: STREET 1: 2941 SOUTH LAKE VISTA STREET 2: SUITE 200 CITY: LEWISVILLE STATE: TX ZIP: 75067 BUSINESS PHONE: 9728996666 MAIL ADDRESS: STREET 1: 2941 SOUTH LAKE VISTA STREET 2: SUITE 200 CITY: LEWISVILLE STATE: TX ZIP: 75067 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Novak Jacob John CENTRAL INDEX KEY: 0001611618 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: DB SECURITIES INC STREET 2: 200 CRESCENT COURT, SUITE 500 CITY: DALLAS STATE: TX ZIP: 75201 SC 13G/A 1 a16-3750_2sc13ga.htm SC 13G/A

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

 

Adeptus Health Inc.

(Name of Issuer)

Class A Common Stock, par value $0.01 per share

(Title of Class of Securities)

006855100

(CUSIP Number)

December 31, 2015

(Date of Event Which Requires Filing of this Statement)

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

o

Rule 13d-1(b)

o

Rule 13d-1(c)

x

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 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. 006855100

13G

 

 

 

1.

Name of Reporting Persons:
5-N Investments, LLC

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

o

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization:
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power:
1,447,778

 

6.

Shared Voting Power:
0

 

7.

Sole Dispositive Power:
1,447,778

 

8.

Shared Dispositive Power:
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person:
1,447,778

 

 

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9):
9.2%

 

 

12.

Type of Reporting Person (See Instructions):
OO

 

2



 

CUSIP No. 006855100

13G

 

 

 

1.

Name of Reporting Persons:
Jacob John Novak

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

o

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization:
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power:
1,447,778

 

6.

Shared Voting Power:
0

 

7.

Sole Dispositive Power:
1,447,778

 

8.

Shared Dispositive Power:
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person:
1,447,778

 

 

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9):
9.2%

 

 

12.

Type of Reporting Person (See Instructions):
IN

 

3



 

STATEMENT ON SCHEDULE 13G

 

This is Amendment Number 1 to the Statement on Schedule 13G filed on February 17, 2015.

 

Item 1.

(a).

Name of Issuer:
Adeptus Health Inc.  (the “Company”)

 

(b).

Address of Issuer’s Principal Executive Offices:
2941 Lake Vista, Lewisville, Texas 75067

 

Item 2(a).

Name of Person Filing:

Item 2(b).

Address of Principal Business Office:

Item 2(c).

Citizenship:
(i) 5-N Investments, LLC, a Delaware limited liability company

(ii) Dr. Jacob John Novak, a United States citizen

 

The foregoing persons are hereinafter sometimes collectively referred to as the “Reporting Persons.”  The Reporting Persons have entered into a Joint Filing Agreement, dated February 17, 2015, a copy of which is attached as Exhibit A to the Statement on Schedule 13G filed on February 17, 2015, pursuant to which the Reporting Persons agreed to file this Statement on Schedule 13G and any amendments thereto jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act.

 

The address of each of the Reporting Persons is c/o DB Securities Inc., 200 Crescent Court, Suite 500, Dallas, Texas 75201.

Item 2(d).

Title of Class of Securities:
Class A Common Stock, par value $0.01 per share (the “Class A Common Stock”)

Item 2(e).

CUSIP Number:
006855100

 

Item 3.

If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

 

Not Applicable.

 

4



 

Item 4.

Ownership.

 

(a)

Amount beneficially owned:   

 

The ownership percentages set forth below calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended (“Rule 13d-3”), are based on 14,257,599 shares of Class A Common Stock outstanding as of October 26, 2015, as reported in the Form 10-Q of the Issuer, filed with the Securities and Exchange Commission on October 30, 2015, plus the number of shares of Class A Common Stock that may be received upon exchange of limited liability company units of Adeptus Health LLC (“Units of Adeptus Health LLC”) beneficially owned by the Reporting Person.

 

5-N Investments, LLC beneficially owns 1,447,778 shares of Class A Common Stock (based on the number of shares of Class A Common Stock that may be received in exchange of Units of Adeptus Health LLC held by 5-N Investments, LLC), which represents 9.2% of the total number of shares of Class A Common Stock outstanding calculated pursuant to Rule 13d-3.

 

Dr. Jacob John Novak, as the manager of 5-N Investments, LLC, may be deemed to beneficially own 1,447,778 shares of Class A Common Stock (based on the number of shares of Class A Common Stock that may be received in exchange of Units of Adeptus Health LLC held by the 5-N Investments, LLC), which represents 9.2% of the total number of shares of Class A Common Stock outstanding calculated pursuant to Rule 13d-3.

 

On a fully diluted basis, the Reporting Persons may be deemed, in the aggregate, to be the beneficial owners of 7.0% of the outstanding Class A Common Stock, based on 14,257,599 shares of Class A Common Stock and 6,510,738 shares of Class B common stock, par value $0.01 per share, and an equal number of Units of Adeptus Health LLC outstanding as of October 26, 2015.

 

(b)

Percent of class:   

See Item 4(a) above.

 

(c)

Number of shares as to which the reporting person has:

 

 

 

(i)

Sole power to vote or to direct the vote:   

See Item 5 of each cover page

 

 

(ii)

Shared power to vote or to direct the vote:    

See Item 6 of each cover page

 

 

(iii)

Sole power to dispose or to direct the disposition of:   

See Item 7 of each cover page

 

 

(iv)

Shared power to dispose or to direct the disposition of:   

See Item 8 of each cover page

 

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:   o

 

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.

 

5



 

Item 10.

Certifications.

 

Not Applicable.

 

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 11, 2016

 

 

5-N INVESTMENTS, LLC

 

 

 

By:

/s/ Jacob John Novak

 

 

Name: Jacob John Novak

 

 

Title: Manager

 

 

 

 

 

JACOB JOHN NOVAK

 

 

 

/s/ Jacob John Novak

 

6



 

EXHIBIT LIST

 

Exhibit A

Joint Filing Agreement, dated as of February 17, 2015, by and among the Reporting Persons (filed as Exhibit A to the Schedule 13G filed on February 17, 2015 and incorporated herein by reference).

 

7