SC 13G/A

0001193125-18-044986.txt : 20180214 0001193125-18-044986.hdr.sgml : 20180214 20180214130903 ACCESSION NUMBER: 0001193125-18-044986 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20180214 DATE AS OF CHANGE: 20180214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UBS AG CENTRAL INDEX KEY: 0001114446 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 000000000 STATE OF INCORPORATION: V8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-84103 FILM NUMBER: 18610227 BUSINESS ADDRESS: STREET 1: BAHNHOFSTRASSE 45 STREET 2: P O BOX CH 8001 CITY: ZURICH STATE: V8 ZIP: CH 8001 BUSINESS PHONE: 203-719-5241 MAIL ADDRESS: STREET 1: 600 WASHINGTON BLVD. CITY: STAMFORD STATE: CT ZIP: 06901 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FIFTH THIRD BANCORP CENTRAL INDEX KEY: 0000035527 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 310854434 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 38 FOUNTAIN SQ PLZ STREET 2: FIFTH THIRD CENTER CITY: CINCINNATI STATE: OH ZIP: 45263 BUSINESS PHONE: 5135795300 MAIL ADDRESS: STREET 1: 38 FOUNTAIN SQ PLZ STREET 2: FIFTH THIRD CENTER CITY: CINCINNATI STATE: OH ZIP: 45263 SC 13G/A 1 d453119dsc13ga.htm SC 13G/A SC 13G/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2

Under the Securities Exchange Act of 1934

(Amendment No. 7)*

UBS AG

(Name of Issuer)

ETRACS Alerian MLP Infrastructure Index ETN

(Title of Class of Securities)

902641646

(CUSIP Number)

December 31, 2017

(Date of Event Which Requires Filing of this Statement)

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

☒ 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).


CUSIP NO. 902641646				13G						Page 2 of 8


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Fifth Third Bancorp. IRS Identification Number 31-0854434
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) (b)
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Ohio
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5	SOLE VOTING POWER 9,571,001
		6	SHARED VOTING POWER 95,603
		7	SOLE DISPOSITIVE POWER 9,380,566
		8	SHARED DISPOSITIVE POWER 348,142
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,729,417
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ (See Instructions)
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.4%
12	TYPE OF REPORTING PERSON (See Instructions) HC


CUSIP NO. 902641646				13G						Page 3 of 8

Explanatory Note

Because the ETRACS Alerian MLP Infrastructure Index ETN is not an equity security and is not convertible into or exchangeable for any equity security for purposes of Sections 13(d) and 13(g) of the Securities Exchange Act of 1934, as amended, or alternatively in reliance on the SEC no-action letter, dated December 14, 1998, to PDR Services Corporation for so long as the conditions referenced in the PDR Services letter are being met, the reporting person and its subsidiaries will not file any additional reports under Section 13(d) or 13(g) of the Exchange Act related to their beneficial ownership of ETRACS Alerian MLP Infrastructure Index ETN.


CUSIP NO. 902641646				13G						Page 4 of 8


Item 1.

	(a)	Name of Issuer:

		UBS AG

	(b)	Address of Issuer’s Principal Executive Offices:

		UBS AG
		Bahnhofstrasse 45
		P.O. Box
		CH-8098
		Zurich, Switzerland

Item 2.

	(a)	Name of Person Filing:

		Fifth Third Bancorp

	(b)	Address of Principal Business Office, or if None, Residence:

		Fifth Third Center, Cincinnati, Ohio 45263

	(c)	Citizenship:

		Ohio

	(d)	Title of Class of Securities:

		ETRACS Alerian MLP Infrastructure Index ETN

	(e)	CUSIP Number:

		902641646


CUSIP NO. 902641646				13G						Page 5 of 8

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:

(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);

(e)

☐

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

(f)

☐

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

(g)

☒

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

(h)

☐

A savings association 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); or

(j)

☐

Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4.

Ownership.

a. Amount beneficially owned:

9,729,417

b. Percent of class

12.4

c. Number of shares as to which such person has:

i. Sole power to vote or to direct the vote:

9,571,001

ii. Shared power to vote or to direct the vote:

95,603

iii. Sole power to dispose or to direct the disposition of:

9,380,566

iv. Shared power to dispose or to direct the disposition of:

348,142


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: ☐

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

		The securities covered by this Schedule are held in trust, agency or custodial capacities by Fifth Third Bank. These trust, agency or custodial accounts receive the dividends from, or the proceeds from the sale of, such securities.

Item 7.		Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.


Subsidiary		Item 3 Classification
Fifth Third Bank – an Ohio banking corporation		Bank
Fifth Third Financial Corporation, an Ohio corporation		Parent Holding Company


CUSIP NO. 902641646				13G						Page 6 of 8



Item 8.		Identification and Classification of Members of the Group.

		Not applicable.

Item 9.		Notice of Dissolution of Group.

		Not applicable.

Item 10.		Certifications.

		Not applicable.


CUSIP NO. 902641646				13G						Page 7 of 8

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: February 14, 2018


FIFTH THIRD BANCORP

/s/ Michael P. Speaker
By:		Michael P. Speaker
Its:		Attorney-in-fact


CUSIP NO. 902641646				13G						Page 8 of 8

Exhibit Index


Exhibit No.		Description

99.1		Power of Attorney relating to filings by Fifth Third Bancorp.

EX-99.1 2 d453119dex991.htm EX-99.1 EX-99.1

EXHIBIT 99.1

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS that Fifth Third Bancorp, an Ohio corporation (the “Bancorp”), does hereby make, constitute and appoint each of Michael P. Speaker and Kevin Lippert (and any other employee of Fifth Third Bank, an Ohio banking corporation (the “Bank”) and any employee of one of its affiliates, in each case who has been designated in writing by one of these attorneys-in-fact), acting individually, its true and lawful attorney, to execute and deliver in its name and on its behalf whether the Bancorp is acting individually or as representative of others, any and all filings that the attorney-in-fact believes the Bancorp is required to make under the Securities Exchange Act of 1934, (as amended, the “Act”), with respect to securities which may be deemed to be beneficially owned by the Bancorp under the Act, giving and granting unto each said attorney-in-fact power and authority to act in the premises as fully and to all intents and purposes as the Bancorp might or could do if personally present by one of its authorized signatories, hereby ratifying and confirming all that said attorney-in-fact shall lawfully do or cause to be done by virtue hereof.

THIS POWER OF ATTORNEY shall remain in full force and effect until either revoked in writing by the undersigned or until such time as the person or persons to whom power of attorney has been hereby granted cease(s) to be an employee of the Bank or one of its affiliates.

IN WITNESS WHEREOF, the undersigned has duly subscribed these presents as of December 6, 2017.

FIFTH THIRD BANCORP


By:		/s/ Jelena McWilliams
Name:		Jelena McWilliams
Title:		Chief Legal Officer and Executive Vice President