0001193125-24-015443.txt : 20240125 0001193125-24-015443.hdr.sgml : 20240125 20240125162959 ACCESSION NUMBER: 0001193125-24-015443 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 GROUP MEMBERS: DOUGLAS SURVIVORS TRUST DATED 1-29-1990, KEVIN DOUGLAS, TRUSTEE GROUP MEMBERS: IRREVOCABLE DESCENDANT'S TRUST FBO ALEXANDER JAMES DOUGLAS GROUP MEMBERS: IRREVOCABLE DESCENDANT'S TRUST FBO AMANDA ANNE DOUGLAS GROUP MEMBERS: IRREVOCABLE DESCENDANT'S TRUST FBO JAKE EDWARD DOUGLAS GROUP MEMBERS: IRREVOCABLE DESCENDANT'S TRUST FBO SUMMER JEAN DOUGLAS GROUP MEMBERS: JAMES E. DOUGLAS, III GROUP MEMBERS: K&M DOUGLAS TRUST GROUP MEMBERS: MICHELLE DOUGLAS SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WESTPORT FUEL SYSTEMS INC. CENTRAL INDEX KEY: 0001370416 STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-84678 FILM NUMBER: 24562566 BUSINESS ADDRESS: STREET 1: 1691 WEST 75TH AVENUE CITY: VANCOUVER STATE: A1 ZIP: V6P6G2 BUSINESS PHONE: 6047182000 MAIL ADDRESS: STREET 1: 1691 WEST 75TH AVENUE CITY: VANCOUVER STATE: A1 ZIP: V6P6G2 FORMER COMPANY: FORMER CONFORMED NAME: WESTPORT INNOVATIONS INC DATE OF NAME CHANGE: 20060726 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DOUGLAS KEVIN CENTRAL INDEX KEY: 0001132859 ORGANIZATION NAME: FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 300A DRAKES LANDING ROAD STREET 2: SUITE 200 CITY: GREENBRAE STATE: CA ZIP: 94904 SC 13D/A 1 d736737dsc13da.htm SC 13D/A SC 13D/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 8)

 

 

Westport Fuel Systems Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

960908507

(CUSIP Number)

Ryan J. York

Accretive Legal, PLLC

34522 N Scottsdale Rd., STE 120-113

Scottsdale, AZ 85266

(425) 786-9256

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

December 31, 2023

(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 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 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 Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 960908507

 

  1    

  NAMES OF REPORTING PERSONS

 

  Kevin Douglas

  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)

 

  PF

  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:

 

  1,570,566 (1)(2)(3)

     9  

  SOLE DISPOSITIVE POWER:

 

  0

   10  

  SHARED DISPOSITIVE POWER:

 

  1,816,689 (1)(2)(3)(4)

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,816,689 (1)(2)(3)(4)

12  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

13  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

  10.6% (5)

14  

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  IN

 

(1)

Kevin Douglas and his wife, Michelle Douglas, hold 661,165 shares jointly as the beneficiaries and co-trustees of the K&M Douglas Trust. In addition, Kevin Douglas and Michelle Douglas are co-trustees of the Irrevocable Descendant’s Trust FBO Alexander James Douglas which holds 154,506 shares, the Irrevocable Descendant’s Trust FBO Amanda Anne Douglas which holds 154,505 shares, the Irrevocable Descendant’s Trust FBO Jake Edward Douglas which holds 154,506 shares, and the Irrevocable Descendant’s Trust FBO Summer Jean Douglas which holds 154,506 shares.

(2)

Includes 5,290 shares held by the KGD 2012 Trust. Kevin Douglas, as the settlor of the KGD 2012 Trust, has the right to substitute property of equivalent value in return for the shares held by the KGD 2012 Trust and may be deemed to have shared voting and dispositive power over the shares held by the KGD 2012 Trust.

(3)

Kevin Douglas is the trustee of the Douglas Survivors Trust Dated 1-29-1990, Kevin Douglas, Trustee, which holds 286,088 shares.

(4)

Kevin Douglas also has dispositive power with respect to 186,123 shares held by James E Douglas, III, 15,000 shares held by the Alex Douglas 2K3 Trust, 15,000 shares held by the Jake Douglas 2K3 Trust, 15,000 shares held by the Amanda Douglas 2K3 Trust and 15,000 shares held by the Summer Douglas 2010 Trust.

(5)

Based on 17,174,972 shares of the Issuer’s common stock outstanding as of September 30, 2023, as reported on the Issuer’s 6-K, filed with the U.S. Securities and Exchange Commission (the “SEC”) on November 7, 2023.


CUSIP No. 960908507

 

 1   

 NAMES OF REPORTING PERSONS

 

 Michelle Douglas

 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)

 

 PF

 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:

 

 1,284,478 (1)(2)

    9  

 SOLE DISPOSITIVE POWER:

 

 0

   10  

 SHARED DISPOSITIVE POWER:

 

 1,329,478 (1)(2)(3)

11   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 1,329,478 (1)(2)(3)

12  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

13  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

 7.7% (4)

14  

 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 IN

 

(1)

Kevin Douglas and his wife, Michelle Douglas, hold 661,165 shares jointly as the beneficiaries and co-trustees of the K&M Douglas Trust. In addition, Kevin Douglas and Michelle Douglas are co-trustees of the Irrevocable Descendant’s Trust FBO Alexander James Douglas which holds 154,506 shares, the Irrevocable Descendant’s Trust FBO Amanda Anne Douglas which holds 154,505 shares, the Irrevocable Descendant’s Trust FBO Jake Edward Douglas which holds 154,506 shares, and the Irrevocable Descendant’s Trust FBO Summer Jean Douglas which holds 154,506 shares.

(2)

Includes 5,290 shares held by the MMD 2012 Trust. Michelle Douglas, as the settlor of the MMD 2012 Trust, has the right to substitute property of equivalent value in return for the shares held by the MMD 2012 Trust and may be deemed to have shared voting and dispositive power over the shares held by the MMD 2012 Trust.

(3)

Michelle Douglas also has dispositive power with respect to 15,000 shares held by the Alex Douglas 2K3 Trust, 15,000 shares held by the Jake Douglas 2K3 Trust and 15,000 shares held by the Amanda Douglas 2K3 Trust.

(4)

Based on 17,174,972 shares of the Issuer’s common stock outstanding as of September 30, 2023, as reported on the Issuer’s 6-K, filed with the SEC on November 7, 2023.


CUSIP No. 960908507

 

 1   

 NAMES OF REPORTING PERSONS

 

 James E. Douglas, III

 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)

 

 PF

 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:

 

 186,123

    8  

 SHARED VOTING POWER:

 

 0

    9  

 SOLE DISPOSITIVE POWER:

 

 0

   10  

 SHARED DISPOSITIVE POWER:

 

 186,123 (1)

11   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 186,123 (1)

12  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

13  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

 1.1% (2)

14  

 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 IN

 

(1)

Kevin Douglas shares dispositive power with respect to 186,123 shares held by James E. Douglas, III.

(2)

Based on 17,174,972 shares of the Issuer’s common stock outstanding as of September 30, 2023, as reported on the Issuer’s 6-K, filed with the SEC on November 7, 2023.


CUSIP No. 960908507

 

 1   

 NAMES OF REPORTING PERSONS

 

 K&M Douglas Trust (1)

 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)

 

 PF

 5  

 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

 6  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 California

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

    7   

 SOLE VOTING POWER:

 

 0

    8  

 SHARED VOTING POWER:

 

 661,165 (2)

    9  

 SOLE DISPOSITIVE POWER:

 

 0

   10  

 SHARED DISPOSITIVE POWER:

 

 661,165 (2)

11   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 661,165 (2)

12  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

13  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

 3.9% (3)

14  

 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 OO

 

(1)

Kevin Douglas and Michelle Douglas, husband and wife, are beneficiaries and co-trustees.

(2)

Kevin Douglas and his wife, Michelle Douglas, hold 661,165 shares jointly as the beneficiaries of the K&M Douglas Trust.

(3)

Based on 17,174,972 shares of the Issuer’s common stock outstanding as of September 30, 2023, as reported on the Issuer’s 6-K, filed with the SEC on November 7, 2023.


CUSIP No. 960908507

 

 1   

 NAMES OF REPORTING PERSONS

 

 Irrevocable Descendant’s Trust FBO Alexander James Douglas (1)

 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)

 

 PF

 5  

 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

 6  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 California

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

    7   

 SOLE VOTING POWER:

 

 154,506

    8  

 SHARED VOTING POWER:

 

 0

    9  

 SOLE DISPOSITIVE POWER:

 

 154,506

   10  

 SHARED DISPOSITIVE POWER:

 

 0

11   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 154,506

12  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

13  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

 * (2)

14  

 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 OO

 

*

Less than one percent.

(1)

Kevin Douglas and Michelle Douglas, husband and wife, are co-trustees.

(2)

Based on 17,174,972 shares of the Issuer’s common stock outstanding as of September 30, 2023, as reported on the Issuer’s 6-K, filed with the SEC on November 7, 2023.


CUSIP No. 960908507

 

 1   

 NAMES OF REPORTING PERSONS

 

 Irrevocable Descendant’s Trust FBO Amanda Anne Douglas (1)

 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)

 

 PF

 5  

 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

 6  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 California

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

    7   

 SOLE VOTING POWER:

 

 154,505

    8  

 SHARED VOTING POWER:

 

 0

    9  

 SOLE DISPOSITIVE POWER:

 

 154,505

   10  

 SHARED DISPOSITIVE POWER:

 

 0

11   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 154,505

12  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

13  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

 * (2)

14  

 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 OO

 

*

Less than one percent.

(1)

Kevin Douglas and Michelle Douglas, husband and wife, are co-trustees.

(2)

Based on 17,174,972 shares of the Issuer’s common stock outstanding as of September 30, 2023, as reported on the Issuer’s 6-K, filed with the SEC on November 7, 2023.


CUSIP No. 960908507

 

 1   

 NAMES OF REPORTING PERSONS

 

 Irrevocable Descendant’s Trust FBO Jake Edward Douglas (1)

 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)

 

 PF

 5  

 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

 6  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 California

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

    7   

 SOLE VOTING POWER:

 

 154,506

    8  

 SHARED VOTING POWER:

 

 0

    9  

 SOLE DISPOSITIVE POWER:

 

 154,506

   10  

 SHARED DISPOSITIVE POWER:

 

 0

11   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 154,506

12  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

13  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

 * (2)

14  

 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 OO

 

*

Less than one percent.

(1)

Kevin Douglas and Michelle Douglas, husband and wife, are co-trustees.

(2)

Based on 17,174,972 shares of the Issuer’s common stock outstanding as of September 30, 2023, as reported on the Issuer’s 6-K, filed with the SEC on November 7, 2023.


CUSIP No. 960908507

 

 1   

 NAMES OF REPORTING PERSONS

 

 Irrevocable Descendant’s Trust FBO Summer Jean Douglas (1)

 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)

 

 PF

 5  

 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

 6  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 California

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

    7   

 SOLE VOTING POWER:

 

 154,506

    8  

 SHARED VOTING POWER:

 

 0

    9  

 SOLE DISPOSITIVE POWER:

 

 154,506

   10  

 SHARED DISPOSITIVE POWER:

 

 0

11   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 154,506

12  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

13  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

 * (2)

14  

 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 OO

 

*

Less than one percent.

(1)

Kevin Douglas and Michelle Douglas, husband and wife, are co-trustees.

(2)

Based on 17,174,972 shares of the Issuer’s common stock outstanding as of September 30, 2023, as reported on the Issuer’s 6-K, filed with the SEC on November 7, 2023.


CUSIP No. 960908507

 

  1    

  NAMES OF REPORTING PERSONS

 

  Douglas Survivors Trust Dated 1-29-1990, Kevin Douglas, Trustee (1)

  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)

 

  PF

  5  

  CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  California

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

  SOLE VOTING POWER:

 

  286,088

     8  

  SHARED VOTING POWER:

 

  0

     9  

  SOLE DISPOSITIVE POWER:

 

  286,088

   10  

  SHARED DISPOSITIVE POWER:

 

  0

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  286,088

12  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

13  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

  1.7% (2)

14  

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  OO

 

(1)

Kevin Douglas is the trustee.

(2)

Based on 17,174,972 shares of the Issuer’s common stock outstanding as of September 30, 2023, as reported on the Issuer’s 6-K, filed with the SEC on November 7, 2023.


Schedule 13D

This Amendment No. 8 (“Amendment”) amends and supplements the Schedule 13D filed with the SEC on October 31, 2014, as previously amended by the Schedule 13D/A filed with the SEC on September 2, 2015, as previously amended by the Schedule 13D/A filed with the SEC on March 21, 2016, as previously amended by the Schedule 13D/A filed with the SEC on June 8, 2016, as previously amended by the Schedule 13D/A filed with the SEC on January 12, 2018, as previously amended by the Schedule 13D/A filed with the SEC on May 4, 2020, as previously amended by the Schedule 13D/A filed with the SEC on March 30, 2021, and as previously amended by the Schedule 13D/A filed with the SEC on June 9, 2021 (the “Schedule 13D”). Except as set forth in this Amendment, the Schedule 13D remains unchanged. Unless otherwise indicated, all capitalized terms used herein but not defined herein shall have the same meaning as set forth in the Schedule 13D.

The following items of this Schedule 13D are hereby amended as follows.

ITEM 2. IDENTITY AND BACKGROUND

The following amends and restates the information set forth in Item 2 of the Schedule 13D in its entirety.

 

  (a)

Kevin Douglas, Michelle Douglas, James E. Douglas, III, K&M Douglas Trust, Irrevocable Descendant’s Trust FBO Alexander James Douglas, Irrevocable Descendant’s Trust FBO Amanda Anne Douglas, Irrevocable Descendant’s Trust FBO Jake Edward Douglas, Irrevocable Descendant’s Trust FBO Summer Jean Douglas, and Douglas Survivors Trust Dated 1-29-1990, Kevin Douglas, Trustee (collectively, the “Filers”).

 

  (b)

The business address of the Filers is:

300A Drakes Landing Road, Suite 200, Greenbrae, CA 94904.

 

  (c)

Present principal occupation or employment of the Filers and the name, principal business and address of any corporation or other organization in which such employment is conducted:

Kevin Douglas is an active securities and commodities investor and is employed by Douglas Telecommunications, Inc., which has the same business address as the Filers. Michelle Douglas participates in nonprofit fund raising and in assisting Kevin Douglas in his investment activities. James E. Douglas, III is a high school teacher and has the same business address as the Filers.

 

  (d)

During the last five years, none of the Filers has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

 

  (e)

During the last five years, none of the Filers was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

  (f)

U.S.A.


ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

The beneficial ownership of the Common Stock by each Filer at the date hereof is reflected on that Filer’s cover page.

There were no transactions effected by the Filers in the Common Stock within the past sixty (60) days.

ITEM 6. CONTRACTS, AGREEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.

The Filers hereby add the following disclosure to this Item 6:

Other than the relationships mentioned above and except for the Joint Filing Agreement, dated January 24, 2024 and the Limited Power of Attorney, dated January 24, 2024, each of which is filed as an exhibit to this Schedule 13D, to the knowledge of the Filers, none of the Filers is party to any other contracts, arrangements, understandings or relationships with respect to any securities of the Issuer, including but not limited to the transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option agreements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

ITEM 7. MATERIALS TO BE FILED AS EXHIBITS.

The Filers hereby add the following disclosures to this Item 7:

 

7.1

Agreement Regarding Joint Filing of Statement on Schedule 13D, dated January 24, 2024.

 

7.2

Limited Power of Attorney, dated January 24, 2024.

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: January 25, 2024      

*Kevin Douglas

      KEVIN DOUGLAS
Date: January 25, 2024      

*Michelle Douglas

      MICHELLE DOUGLAS
Date: January 25, 2024      

*James E. Douglas, III

      JAMES E. DOUGLAS, III


      K&M DOUGLAS TRUST
Date: January 25, 2024      

*Kevin Douglas

      By:   Kevin Douglas
      Title:   Trustee
Date: January 25, 2024      

*Michelle Douglas

      By:   Michelle Douglas
      Title:   Trustee
     

IRREVOCABLE DESCENDANTS TRUST

FBO ALEXANDER JAMES DOUGLAS

Date: January 25, 2024      

*Kevin Douglas

      By:   Kevin Douglas
      Title:   Trustee
Date: January 25, 2024      

*Michelle Douglas

      By:   Michelle Douglas
      Title:   Trustee
     

IRREVOCABLE DESCENDANTS TRUST

FBO AMANDA ANNE DOUGLAS

Date: January 25, 2024      

*Kevin Douglas

      By:   Kevin Douglas
      Title:   Trustee
Date: January 25, 2024      

*Michelle Douglas

      By:   Michelle Douglas
      Title:   Trustee
     

IRREVOCABLE DESCENDANTS TRUST

FBO JAKE EDWARD DOUGLAS

Date: January 25, 2024      

*Kevin Douglas

      By:   Kevin Douglas
      Title:   Trustee
Date: January 25, 2024      

*Michelle Douglas

      By:   Michelle Douglas
      Title:   Trustee
     

IRREVOCABLE DESCENDANTS TRUST

FBO SUMMER JEAN DOUGLAS

Date: January 25, 2024      

*Kevin Douglas

      By:   Kevin Douglas
      Title:   Trustee


Date: January 25, 2024      

*Michelle Douglas

      By:   Michelle Douglas
      Title: Trustee
      DOUGLAS SURVIVORS TRUST DATED 1-29-1990, KEVIN DOUGLAS, TRUSTEE
Date: January 25, 2024      

*Kevin Douglas

      By:   Kevin Douglas
      Title: Trustee

 

*  Eileen Wheatman

/s/ Eileen Wheatman

By: Eileen Wheatman
Attorney-in-Fact
EX-7.1 2 d736737dex71.htm EX-7.1 EX-7.1

Exhibit 7.1

AGREEMENT REGARDING JOINT FILING

OF STATEMENT ON SCHEDULE 13D

Each of the undersigned hereby acknowledges and agrees, pursuant to the provisions of Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, that the Schedule 13D to which this Agreement is attached as an Exhibit, and any amendments thereto, with respect to the beneficial ownership of the undersigned shares of Common Stock of Westport Fuel Systems Inc., will be filed with the Securities and Exchange Commission jointly on behalf of the undersigned.

 

Dated: January 24, 2024      
    KEVIN DOUGLAS
   

*Kevin Douglas

    MICHELLE DOUGLAS
   

*Michelle Douglas

    JAMES E. DOUGLAS, III
   

*James E. Douglas, III

    K&M DOUGLAS TRUST
   

*Kevin Douglas

    By:   Kevin Douglas
    Title:   Trustee
   

*Michelle Douglas

    By:   Michelle Douglas
    Title:   Trustee
    DOUGLAS SURVIVORS TRUST DATED 1-29-1990, KEVIN DOUGLAS, TRUSTEE
   

* Kevin Douglas

    By:   Kevin Douglas
    Title:   Trustee
   

IRREVOCABLE DESCENDANTS TRUST FBO

ALEXANDER JAMES DOUGLAS

   

*Kevin Douglas

    By:   Kevin Douglas
    Title:   Trustee


   

*Michelle Douglas

    By:   Michelle Douglas
    Title:   Trustee
   

IRREVOCABLE DESCENDANTS TRUST FBO

AMANDA ANNE DOUGLAS

   

*Kevin Douglas

    By:   Kevin Douglas
    Title:   Trustee
   

*Michelle Douglas

    By:   Michelle Douglas
    Title:   Trustee
   

IRREVOCABLE DESCENDANTS TRUST FBO

JAKE EDWARD DOUGLAS

   

*Kevin Douglas

    By:   Kevin Douglas
    Title:   Trustee
   

*Michelle Douglas

    By:   Michelle Douglas
    Title:   Trustee
   

IRREVOCABLE DESCENDANTS TRUST FBO

SUMMER JEAN DOUGLAS

   

*Kevin Douglas

    By:   Kevin Douglas
    Title:   Trustee
   

*Michelle Douglas

    By:   Michelle Douglas
    Title:   Trustee

 

*By:

 

/s/ Eileen Wheatman

 

Eileen Wheatman

 

Attorney-in-fact

 

EX-7.2 3 d736737dex72.htm EX-7.2 EX-7.2

Exhibit 7.2

LIMITED POWER OF ATTORNEY FOR

REPORTING OBLIGATIONS UNDER SECTIONS 13(D) AND 13(G) OF THE SECURITIES

EXCHANGE ACT OF 1934

The undersigned hereby make, constitute and appoint each of Eileen Wheatman and Kevin Douglas, acting either individually or together, as each of the undersigned’s true and lawful attorneys-in-fact, with full power and authority as hereinafter described on behalf of and in the name, place and stead of each of the undersigned to:

(1) prepare, execute, acknowledge, deliver and file Schedules 13D and 13G (including any amendments thereto) with respect to the securities of Westport Fuel Systems Inc., a corporation formed under the laws of the province of Alberta (the “Company”), with the U.S. Securities and Exchange Commission, any national securities exchanges and the Company, as considered necessary or advisable under Sections 13(d) or 13(g) of the Securities Exchange Act of 1934 (the “Exchange Act) and the rules and regulations promulgated thereunder (including, without limitation, Regulation 13D-G);

(2) seek or obtain, as each of the undersigned’s representative and on each of the undersigned’s behalf, information on transactions in the Company’s securities from any third party, including brokers, employee benefit plan administrators and trustees, in connection with the foregoing, and the undersigned hereby authorizes any such person to release any such information to any of the attorneys-in-fact and approve and ratify any such release of information; and

(3) perform any and all other acts which in the discretion of such attorney-in-fact are necessary or desirable for and on behalf of the undersigned in connection with the foregoing.

The undersigned acknowledge that:

(1) this Limited Power of Attorney authorizes, but does not require, each such attorney-in-fact to act in his or her discretion on information provided to such attorney-in-fact without independent verification of such information;

(2) any documents prepared and/or executed by any such attorney-in-fact on behalf of the undersigned pursuant to this Limited Power of Attorney will be in such form and will contain such information and disclosure as such attorney-in-fact, in his or her discretion, deems necessary or desirable;

(3) none of such attorneys-in-fact assumes (i) any liability for any responsibility of the undersigned to comply with the requirements of the Exchange Act, or (ii) any liability of the undersigned for any failure to comply with such requirements; and

(4) this Limited Power of Attorney does not relieve the undersigned from responsibility for compliance with the obligations of the undersigned under the Exchange Act, including without limitation the reporting requirements under Sections 13(d) and 13(g) of the Exchange Act and Regulation 13D-G promulgated thereunder.

The undersigned hereby give and grant each of the foregoing attorneys-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite, necessary, appropriate or desirable to be done in and about the foregoing matters as fully to all intents and purposes as the undersigned might or could do if present, hereby ratifying all that each such attorney-in-fact of, for and on behalf of the undersigned, shall lawfully do or cause to be done by virtue of this Limited Power of Attorney.

This Limited Power of Attorney shall remain in full force and effect until the undersigned are no longer required to file Schedules 13D or 13G with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to each such attorney-in-fact.


The undersigned have caused this Limited Power of Attorney to be executed as of this 24th day of January, 2024.

 

KEVIN DOUGLAS

/s/ Kevin Douglas

MICHELLE DOUGLAS

/s/ Michelle Douglas

JAMES E. DOUGLAS, III

/s/ James E. Douglas III

K&M DOUGLAS TRUST

/s/ Kevin Douglas

By:   Kevin Douglas
Title:   Trustee

/s/ Michelle Douglas

By:   Michelle Douglas
Title:   Trustee
DOUGLAS SURVIVORS TRUST DATED 1-29-1990, KEVIN DOUGLAS, TRUSTEE

/s/ Kevin Douglas

By:   Kevin Douglas
Title:   Trustee

IRREVOCABLE DESCENDANTS TRUST FBO

ALEXANDER JAMES DOUGLAS

/s/ Kevin Douglas

By:   Kevin Douglas
Title:   Trustee

/s/ Michelle Douglas

By:   Michelle Douglas
Title:   Trustee

IRREVOCABLE DESCENDANTS TRUST FBO

AMANDA ANNE DOUGLAS

/s/ Kevin Douglas

By:   Kevin Douglas
Title:   Trustee


/s/ Michelle Douglas

By:   Michelle Douglas
Title:   Trustee

IRREVOCABLE DESCENDANTS TRUST FBO

JAKE EDWARD DOUGLAS

/s/ Kevin Douglas

By:   Kevin Douglas
Title:   Trustee

/s/ Michelle Douglas

By:   Michelle Douglas
Title:   Trustee

IRREVOCABLE DESCENDANTS TRUST FBO

SUMMER JEAN DOUGLAS

/s/ Kevin Douglas

By:   Kevin Douglas
Title:   Trustee

/s/ Michelle Douglas

By:   Michelle Douglas
Title:   Trustee