0001193125-20-048497.txt : 20200225 0001193125-20-048497.hdr.sgml : 20200225 20200225171702 ACCESSION NUMBER: 0001193125-20-048497 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200225 DATE AS OF CHANGE: 20200225 GROUP MEMBERS: ADAM GRAY GROUP MEMBERS: CHRISTOPHER SHACKELTON GROUP MEMBERS: COLISEUM CAPITAL PARTNERS, L.P. GROUP MEMBERS: COLISEUM CAPITAL, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BlueLinx Holdings Inc. CENTRAL INDEX KEY: 0001301787 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-LUMBER, PLYWOOD, MILLWORK & WOOD PANELS [5031] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80230 FILM NUMBER: 20652128 BUSINESS ADDRESS: STREET 1: 1950 SPECTRUM CIRCLE CITY: MARIETTA STATE: GA ZIP: 30067 BUSINESS PHONE: 770-953-7000 MAIL ADDRESS: STREET 1: 1950 SPECTRUM CIRCLE CITY: MARIETTA STATE: GA ZIP: 30067 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Coliseum Capital Management, LLC CENTRAL INDEX KEY: 0001409751 IRS NUMBER: 223918079 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 105 ROWAYTON AVENUE CITY: ROWAYTON STATE: CT ZIP: 06853 BUSINESS PHONE: 203-883-0100 MAIL ADDRESS: STREET 1: 105 ROWAYTON AVENUE CITY: ROWAYTON STATE: CT ZIP: 06853 SC 13D/A 1 d890779dsc13da.htm SC 13D/A SC 13D/A

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

 

 

BlueLinx Holdings Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

09624H208

(CUSIP Number)

Christopher Shackelton/Adam Gray

105 Rowayton Avenue

Rowayton, CT 06853

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

February 21, 2020

(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.  ☐

 

*

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. 09624H208

 

  1.    

  Names of reporting persons.

 

  Coliseum Capital Management, LLC

  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)

 

  AF

  5.  

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or place of organization

 

  Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7.     

  Sole voting power

 

  0

     8.   

  Shared voting power

 

  518,667

     9.   

  Sole dispositive power

 

  0

   10.   

  Shared dispositive power

 

  518,667

11.    

  Aggregate amount beneficially owned by each reporting person

 

  518,667

12.  

  Check if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

  ☐

13.  

  Percent of class represented by amount in Row (11)

 

  5.5%

14.  

  Type of reporting person (see instructions)

 

  IA

 

2


CUSIP No. 09624H208

 

  1.    

  Names of reporting persons.

 

  Coliseum Capital, LLC

  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)

 

  AF

  5.  

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or place of organization

 

  Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7.     

  Sole voting power

 

  0

     8.   

  Shared voting power

 

  371,922

     9.   

  Sole dispositive power

 

  0

   10.   

  Shared dispositive power

 

  371,922

11.    

  Aggregate amount beneficially owned by each reporting person

 

  371,922

12.  

  Check if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

  ☐

13.  

  Percent of class represented by amount in Row (11)

 

  4.0%

14.  

  Type of reporting person (see instructions)

 

  OO

 

3


CUSIP No. 09624H208

 

  1.    

  Names of reporting persons.

 

  Coliseum Capital Partners, L.P.

  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)

 

  WC

  5.  

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or place of organization

 

  Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7.     

  Sole voting power

 

  0

     8.   

  Shared voting power

 

  371,922

     9.   

  Sole dispositive power

 

  0

   10.   

  Shared dispositive power

 

  371,922

11.    

  Aggregate amount beneficially owned by each reporting person

 

  371,922

12.  

  Check if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

  ☐

13.  

  Percent of class represented by amount in Row (11)

 

  4.0%

14.  

  Type of reporting person (see instructions)

 

  PN

 

4


CUSIP No. 09624H208

 

  1.    

  Names of reporting persons.

 

  Adam Gray

  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)

 

  AF

  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

 

  518,667

     9.   

  Sole dispositive power

 

  0

   10.   

  Shared dispositive power

 

  518,667

11.    

  Aggregate amount beneficially owned by each reporting person

 

  518,667

12.  

  Check if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

  ☐

13.  

  Percent of class represented by amount in Row (11)

 

  5.5%

14.  

  Type of reporting person (see instructions)

 

  IN

 

5


CUSIP No. 09624H208

 

  1.    

  Names of reporting persons.

 

  Christopher Shackelton

  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)

 

  AF

  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

 

  518,667

     9.   

  Sole dispositive power

 

  0

   10.   

  Shared dispositive power

 

  518,667

11.    

  Aggregate amount beneficially owned by each reporting person

 

  518,667

12.  

  Check if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

  ☐

13.  

  Percent of class represented by amount in Row (11)

 

  5.5%

14.  

  Type of reporting person (see instructions)

 

  IN

 

6


CUSIP No. 09624H208

Explanatory Note: This Amendment No. 3 (this “Amendment”) to the Schedule 13D relating to BlueLinx Holdings Inc. (the “Issuer”), filed by the Reporting Persons with the Securities and Exchange Commission on April 15, 2019, as amended and supplemented by Amendment No.1 to the Initial 13D filed on May 21, 2019, and as further amended and supplemented by Amendment No.2 to the Schedule 13D filed on June 10, 2019, amends and supplements certain of the items set forth therein.

As used in this Amendment, the term “Reporting Persons” collectively refers to:

 

   

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”);

 

   

Adam Gray (“Gray”); and

 

   

Christopher Shackelton (“Shackelton”).

Item 5. Interest in Securities of the Issuer.

Item 5 is hereby amended and supplemented as follows:

(a) – (b) The information relating to the beneficial ownership of Common Stock by each of the Reporting Persons set forth in Rows 7 through 13 of the cover pages hereto is incorporated by reference herein. The percentages set forth in Row 13 of all the cover pages filed herewith are calculated based upon 9,364,959 shares of Common Stock outstanding as of November 4, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 6, 2019.

 

(c)

The Reporting Persons effected the following transactions in the Common Stock on the dates indicated and such transactions are the only transactions in the Common Stock by the Reporting Persons in the sixty (60) days preceding the date of this Amendment, or since the most recent filing of Schedule 13D by the Reporting Persons, whichever is less.

 


Name

  

Purchase or Sale

   Date      Number of
Shares
     Weighted
Average Price
Per Share
     Range of Prices  

CCP

  

Open Market Sale

     2/20/2020        3,450      $ 20.0478      $ 20.0000 - $20.1300  

Separate Account

  

Open Market Sale

     2/20/2020        1,150      $ 20.0478      $ 20.0000 - $20.1300  

CCP

  

Open Market Sale

     2/21/2020        135,552      $ 15.6221      $ 15.0000 - $15.9950  

Separate Account

  

Open Market Sale

     2/21/2020        45,235      $ 15.6221      $ 15.0000 - $15.9950  

CCP

  

Open Market Sale

     2/21/2020        109,306      $ 16.3076      $ 16.0000 - $16.9700  

Separate Account

  

Open Market Sale

     2/21/2020        36,476      $ 16.3076      $ 16.0000 - $16.9700  

CCP

  

Open Market Sale

     2/21/2020        17,568      $ 17.0356      $ 17.0000 - $17.2850  

Separate Account

  

Open Market Sale

     2/21/2020        5,863      $ 17.0356      $ 17.0000 - $17.2850  

 

(d)

Except as set forth in Item 6 hereof, no person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock reported herein.

The information in Item 6 hereof is incorporated by reference herein.

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

Item 6 is hereby amended and supplemented as follows:

CCM is an investment adviser whose clients, including CCP and the Separate Account, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock. CC is the general partner of CCP. Gray and Shackelton are the managers of CC and CCM.

 

7


SIGNATURES

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 25, 2020

 

COLISEUM CAPITAL MANAGEMENT, LLC    CHRISTOPHER SHACKELTON
By:  

/s/ Chivonne Cassar

   By:   

/s/ Chivonne Cassar

  Chivonne Cassar, Attorney-in-fact       Chivonne Cassar, Attorney-in-fact
COLISEUM CAPITAL, LLC    ADAM GRAY
By:  

/s/ Chivonne Cassar

   By:   

/s/ Chivonne Cassar

  Chivonne Cassar, Attorney-in-fact       Chivonne Cassar, Attorney-in-fact
COLISEUM CAPITAL PARTNERS, L.P.      
By: Coliseum Capital, LLC, General Partner      
By:  

/s/ Chivonne Cassar

     
  Chivonne Cassar, Attorney-in-fact