Exhibit 99.1
Exhibit 99.1
Form 4 Joint Filer Information
Names of the Reporting Persons: * Coliseum Capital Management, LLC, a
Delaware limited liability company ("CCM");
* Coliseum Capital, LLC, a Delaware limited
liability company ("CC");
* Coliseum Capital Partners, L.P., a Delaware
limited partnership ("CCP");
* Coliseum Capital Partners II, L.P., a
Delaware limited partnership
("CCP2" and,together with CCP, the "Funds");
* Blackwell Partners, LLC, a Georgia limited
liability company ("Blackwell");
* Adam Gray; and
* Christopher Shackelton, a member of the
board of directors of LHC Group, Inc.
(the "Issuer").
Address for each of the Reporting
Persons, except Blackwell: Metro Center, 1 Station Place, 7th Floor
South, Stamford, CT 06902
Address for Blackwell: c/o DUMAC, LLC, 406 Blackwell Street,
Suite 300, Durham, NC 27701
Date of Earliest Transaction
Required to be Reported: March 14, 2013
Designated Filer for each of the
Reporting Persons: Coliseum Capital Management, LLC
Issuer & Ticker Symbol for each
of the Reporting Persons: LHC Group, Inc.; LHCG
Title of Non-Derivative
Security for each of the
Reporting Persons: Common Stock $0.01 par value
(the "Stock")
Non-Derivative Securities
Acquired: The Reporting Persons acquired the Stock
as follows:
Transaction Date Amount of Securities Price Amount of Securities
Aquired Beneficially Owned
Following Reported
Transactions
--------------------------------------------------------------------------------
3/14/2013 3,101(1) $20.69(2) 2,525,418(3)
3/15/2013 24,100(1) $21.24(4) 2,549,518(3)
Title of Derivative
Security for each of the
Reporting Persons: Phantom Stock
Derivative Securities Acquired: The Reporting Persons acquired the Phantom
Stock as follows:
Transaction Date Conversion or Number of Price Amount of Derivative
Excercise Price Derivative Securities Beneficially
of Derivative Securites Owned Following
Acquired Reported Transactions
-------------------------------------------------------------------------------------
3/15/2013 (5) 1,166 $0 1,166(6)
3/15/2013 (5) 1,167 $0 1,167(6)
3/15/2013 (5) 1,167 $0 1,167(6)
3/15/2013 (5) 2,700 $0 2,700(6)
(1) These securities are held directly by CCP2. Mr. Shackelton and Adam Gray are
managers of and have an ownership interest in each of CCM and CC and may be
deemed to have an indirect pecuniary interest in the shares held by the Funds
and Blackwell due to CCM's right to receive performance-related fees Blackwell
and CC's right to receive performance-related fees from the Funds. Each of
Christopher Shackelton, Adam Gray, CCP2, CC and CCM disclaim beneficial
ownership of these securities except to the extent of that person's pecuniary
interest therein. Christopher Shackelton is the Chairman of the board of
directors of the Issuer.
(2) This transaction was executed in multiple trades at prices ranging from
$20.63 to $20.75. The reported price reflects the weighted average purchase
price. The Reporting Person filing this report hereby undertakes to provide upon
request by the SEC staff, LHC Group, Inc. or a shareholder of LHC Group, Inc.
full information regarding the number of shares purchased at each separate
price.
(3) These securities are held directly by (a) CCP, (b) CCP2 and (c) Blackwell, a
separate account investment advisory client of CCM. Mr. Shackelton and Adam Gray
are managers of and have an ownership interest in each of CCM and CC and may be
deemed to have an indirect pecuniary interest in the shares held by the Funds
and Blackwell due to CCM's right to receive performance-related fees Blackwell
and CC's right to receive performance-related fees from the Funds. Each of
Christopher Shackelton, Adam Gray, CCP, CCP2, Blackwell, CC and CCM disclaim
beneficial ownership of these securities except to the extent of that person's
pecuniary interest therein. Christopher Shackelton is the Chairman of the board
of directors of the Issuer. Following the transactions reported herein,
Blackwell directly beneficially owned 808,838 shares of Stock, CCP directly
beneficially owned 1,515,567 shares of Stock and CCP2 directly beneficially
owned 225,113 shares of Stock.
(4) This transaction was executed in multiple trades at $21.24.
(5) Each share of phantom stock shall be entitled to a cash payment equal to the
fair market value of a share of LHC Group, Inc.'s common stock, par value $0.01
per share ("Common Stock"), as of the payment date based on the closing market
price of the Common Stock on such date.
(6) These securities were received by CCP pursuant to an agreement under which
Christopher Shackelton assigned to CCP the right to receive all compensation
(including equity compensation) that Mr. Shackelton would otherwise receive as a
director of the Issuer. CC serves as the general partner for CCP, and CCM serves
as investment advisor to each of the Funds and Blackwell. The Phantom Stock is
held directly by CCP. Messrs. Shackelton and Gray are managers of and have
an ownership interest in CC and may be deemed to have an indirect pecuniary
interest in the Phantom Stock held by CCP due to CC's right to receive
performance-related fees from CCP. Each of CCP, Mr. Shackelton and Mr. Gray
disclaim beneficial ownership of the Phantom Stock except to the extent that of
that person's pecuniary interest therein.
Christopher Shackelton /s/ Christopher Shackelton August 2, 2013
----------------------------------- --------------
**Signature of Reporting Person Date
Coliseum Capital /s/ Christopher Shackelton, Manager August 2, 2013
Management, LLC ------------------------------------- --------------
**Signature of Reporting Person Date
Coliseum Capital, LLC /s/ Christopher Shackelton, Manager August 2, 2013
------------------------------------ --------------
**Signature of Reporting Person Date
Coliseum Capital Partners, L.P.
By: Coliseum Capital, LLC,
General Partner /s/ Christopher Shackelton, Manager August 2, 2013
------------------------------------- --------------
**Signature of Reporting Person Date
Coliseum Capital Partners II, L.P.
By: Coliseum Capital, LLC,
General Partner /s/ Christopher Shackelton, Manager August 2, 2013
------------------------------------ --------------
**Signature of Reporting Person Date
Blackwell Partners, LLC
By: Coliseum Capital Management,
LLC, Attorney-in-fact /s/ Christopher Shackelton, Manager August 2, 2013
----------------------------------- --------------
**Signature of Reporting Person Date
Adam Gray /s/ Adam Gray August 2, 2013
------------------------------------ --------------
**Signature of Reporting Person Date
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).