0001172661-20-000925.txt : 20200214 0001172661-20-000925.hdr.sgml : 20200214 20200214171058 ACCESSION NUMBER: 0001172661-20-000925 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200214 DATE AS OF CHANGE: 20200214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Crocs, Inc. CENTRAL INDEX KEY: 0001334036 STANDARD INDUSTRIAL CLASSIFICATION: RUBBER & PLASTICS FOOTWEAR [3021] IRS NUMBER: 202164234 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81777 FILM NUMBER: 20621814 BUSINESS ADDRESS: STREET 1: 7477 EAST DRY CREEK PARKWAY CITY: NIWOT STATE: CO ZIP: 80503 BUSINESS PHONE: 3038487000 MAIL ADDRESS: STREET 1: 7477 EAST DRY CREEK PARKWAY CITY: NIWOT STATE: CO ZIP: 80503 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Woodson Capital Management, LP CENTRAL INDEX KEY: 0001697848 IRS NUMBER: 271287365 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 101 PARK AVENUE STREET 2: 48TH FL CITY: NEW YORK STATE: NY ZIP: 10178 BUSINESS PHONE: 2127162624 MAIL ADDRESS: STREET 1: 101 PARK AVENUE STREET 2: 48TH FL CITY: NEW YORK STATE: NY ZIP: 10178 SC 13G/A 1 woodson-crox123119a1.htm SCHEDULE 13G HOLDINGS REPORT AMENDMENT



  

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

SCHEDULE 13G/A

 Under the Securities Exchange Act of 1934

(Amendment No. 1)*



Crocs, Inc.

(Name of Issuer)

 

Common Stock, par value $0.001 per share

(Title of Class of Securities)

 

227046109

(CUSIP Number)

 

 

December 31, 2019
(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)

x Rule 13d-1(c)

o 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.  227046109
 SCHEDULE 13G/A
Page 2 of 9 Pages

 

         
1
NAME OF REPORTING PERSONS
 
Woodson Capital General Partner, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o (b) x
 
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
 
-0-
6
SHARED VOTING POWER
 
1,300,000
7
SOLE DISPOSITIVE POWER
 
-0-
8
SHARED DISPOSITIVE POWER
 
1,300,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,300,000*
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
1.9%
12
TYPE OF REPORTING PERSON
 
OO

*This amount includes 300,000 shares subject to call options.

 


 

CUSIP No.  227046109
 SCHEDULE 13G/A
Page 3 of 9 Pages

 

         
1
NAME OF REPORTING PERSONS
 
Woodson Capital Management, LP
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o (b) x
 
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
 
-0-
6
SHARED VOTING POWER
 
1,300,000
7
SOLE DISPOSITIVE POWER
 
-0-
8
SHARED DISPOSITIVE POWER
 
1,300,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,300,000*
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
1.9%
12
TYPE OF REPORTING PERSON
 
PN, IA

*This amount includes 300,000 shares subject to call options.

 


 

CUSIP No.  227046109
 SCHEDULE 13G/A
Page 4 of 9 Pages

 

         
1
NAME OF REPORTING PERSONS
 
Woodson Capital GP, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o (b) x
 
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
 
-0-
6
SHARED VOTING POWER
 
1,300,000
7
SOLE DISPOSITIVE POWER
 
-0-
8
SHARED DISPOSITIVE POWER
 
1,300,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,300,000*
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
1.9%
12
TYPE OF REPORTING PERSON
 
OO

*This amount includes 300,000 shares subject to call options.

 


 

CUSIP No. 227046109
 SCHEDULE 13G/A
Page 5 of 9 Pages

 

         
1
NAME OF REPORTING PERSONS
 
James Woodson Davis
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o (b) x
 
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
 
-0-
6
SHARED VOTING POWER
 
1,300,000
7
SOLE DISPOSITIVE POWER
 
-0-
8
SHARED DISPOSITIVE POWER
 
1,300,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,300,000*
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
1.9%
12
TYPE OF REPORTING PERSON
 
IN

 *This amount includes 300,000 shares subject to call options.
 


 

CUSIP No.  227046109
 SCHEDULE 13G/A
Page 6 of 9 Pages

 

 

Item 1.(a) Name of Issuer:

Crocs, Inc. (the “Company”)

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

7477 East Dry Creek Parkway

Niwot, CO 80503

Item 2.(a) Name of Person Filing:

(i) Woodson Capital General Partner, LLC, a Delaware limited liability company and the general partner of the Woodson funds (the “Fund General Partner”), with respect to the Shares held by the Woodson funds;

(ii) Woodson Capital Management, LP, a Delaware limited partnership and the investment manager of the Woodson funds (the “Investment Manager”), with respect to the Shares held by the Woodson funds;

(iii) Woodson Capital GP, LLC, a Delaware limited liability company and the general partner of the Investment Manager (the “Investment Manager General Partner”), with respect to the Shares held by the Woodson funds; and

(iv) James Woodson Davis, a United States citizen and the sole managing member of the Investment Manager General Partner (“Woodson”), with respect to the Shares held by the Woodson funds.

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

The address of the principal business office of all of the Reporting Persons is 101 Park Avenue, 48th Floor, New York, New York, 10178.

(c) Citizenship:

The citizenship of each of the Reporting Persons is set forth in the cover page for each Reporting Person.

 (d) Title of Class of Securities:

Common Stock, par value $0.001 per share (the “Shares”)

 (e) CUSIP Number:

227046109

 



 

 

CUSIP No.  227046109
 SCHEDULE 13G/A
Page 7 of 9 Pages

 

 

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is an entity specified in (a) - (k):

Not Applicable.

Item 4. Ownership

 

(a) Amount beneficially owned: See Item 9 on the cover page(s) hereto.

(b) Percent of class: See Item 11 on the cover page(s) hereto.

(c) Number of shares as to which such person has:

(i) Sole power to vote or to direct the vote: See Item 5 on the cover page(s) hereto.

(ii) Shared power to vote or to direct the vote: See Item 6 on the cover page(s) hereto.

(iii) Sole power to dispose or to direct the disposition of: See Item 7 on the cover page(s) hereto.

(iv) Shared power to dispose or to direct the disposition of: See Item 8 on the cover page(s) hereto.

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 5 percent of the class of securities, check the following [X].

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 or Control Person

 

Not Applicable.

Item 8. Identification and Classification of Members of the Group

 

The Reporting Persons are filing this Schedule 13G/A pursuant to Rule 13d-1(c). Consistent with Item 2 of the cover page for each Reporting Person above, the Reporting Persons neither disclaim nor affirm the existence of a group among them.

Item 9. Notice of Dissolution of Group

 

Not Applicable.

Item 10. Certification

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 



 
 
CUSIP No.  227046109
 SCHEDULE 13G/A
Page 8 of 9 Pages

 

 

SIGNATURES

 

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

Dated: February 14, 2020

  

  WOODSON CAPITAL GP, LLC
  By: James Woodson Davis
       
  By:  /s/ James Woodson Davis
    Name:  James Woodson Davis
    Title:  Managing Member

 

  WOODSON CAPITAL GENERAL PARTNER, LLC
  By: James Woodson Davis
       
  By:  /s/ James Woodson Davis
    Name:  James Woodson Davis
    Title:  Managing Member

 

  WOODSON CAPITAL MANAGEMENT, LP
  By: James Woodson Davis
       
  By:  /s/ James Woodson Davis
    Name:  James Woodson Davis
    Title:  Managing Member of Woodson Capital GP, LLC

 

       
  By:  /s/ James Woodson Davis
    Name:  James Woodson Davis

 

 



 
CUSIP No.  227046109
 SCHEDULE 13G/A
Page 9 of 9 Pages

 

Exhibit I

 

JOINT FILING STATEMENT

 

PURSUANT TO RULE 13d-1(k)

 

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G/A is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G/A shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

 

Dated: February 14, 2020

  

  WOODSON CAPITAL GP, LLC
  By: James Woodson Davis
       
  By:  /s/ James Woodson Davis
    Name:  James Woodson Davis
    Title:  Managing Member

 

  WOODSON CAPITAL GENERAL PARTNER, LLC
  By: James Woodson Davis
       
  By:  /s/ James Woodson Davis
    Name:  James Woodson Davis
    Title:  Managing Member

 

  WOODSON CAPITAL MANAGEMENT, LP
  By: James Woodson Davis
       
  By:  /s/ James Woodson Davis
    Name:  James Woodson Davis
    Title:  Managing Member of Woodson Capital GP, LLC

 

       
  By:  /s/ James Woodson Davis
    Name:  James Woodson Davis