0001193125-21-045165.txt : 20210216 0001193125-21-045165.hdr.sgml : 20210216 20210216170608 ACCESSION NUMBER: 0001193125-21-045165 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210216 DATE AS OF CHANGE: 20210216 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: PARTS iD, Inc. CENTRAL INDEX KEY: 0001698113 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311] IRS NUMBER: 813674868 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90182 FILM NUMBER: 21640611 BUSINESS ADDRESS: STREET 1: 1308 RACE STREET, SUITE 200 CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 513-618-7161 MAIL ADDRESS: STREET 1: 1308 RACE STREET, SUITE 200 CITY: CINCINNATI STATE: OH ZIP: 45202 FORMER COMPANY: FORMER CONFORMED NAME: Legacy Acquisition Corp. DATE OF NAME CHANGE: 20170214 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 13G/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 13G/A 1 d131334dsc13ga.htm SC 13G/A SC 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934*

(Amendment No. 2)

 

 

PARTS iD, Inc. (f/k/a Legacy Acquisition Corp.)

(Name of Issuer)

Class A Common Stock, $0.0001 par value per share

(Title of Class of Securities)

524643103

(CUSIP Number)

December 31, 2020

(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. 524643103

   13G/A    Page 2 of 9

 

  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.  

  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

 

  250,325

   7.   

  Sole Dispositive Power

 

  0

   8.   

  Shared Dispositive Power

 

  250,325

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  250,325

10.  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  0.8%

12.  

  Type of Reporting Person (See Instructions)

 

  OO, IA


CUSIP No. 524643103

   13G/A    Page 3 of 9

 

  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.  

  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

 

  183,095

   7.   

  Sole Dispositive Power

 

  0

   8.   

  Shared Dispositive Power

 

  183,095

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  183,095

10.  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  0.6%

12.  

  Type of Reporting Person (See Instructions)

 

  OO


CUSIP No. 524643103

   13G/A    Page 4 of 9

 

  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.  

  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

 

  183,095

   7.   

  Sole Dispositive Power

 

  0

   8.   

  Shared Dispositive Power

 

  183,095

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  183,095

10.  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  0.6%

12.  

  Type of Reporting Person (See Instructions)

 

  PN


CUSIP No. 524643103

   13G/A    Page 5 of 9

 

  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.  

  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

 

  250,325

   7.   

  Sole Dispositive Power

 

  0

   8.   

  Shared Dispositive Power

 

  250,325

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  250,325

10.  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  0.8%

12.  

  Type of Reporting Person (See Instructions)

 

  IN


CUSIP No. 524643103

   13G/A    Page 6 of 9

 

  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.  

  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

 

  250,325

   7.   

  Sole Dispositive Power

 

  0

   8.   

  Shared Dispositive Power

 

  250,325

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  250,325

10.  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  0.8%

12.  

  Type of Reporting Person (See Instructions)

 

  IN


CUSIP No. 524643103

   13G/A    Page 7 of 9

 

Explanatory Note: This Amendment No. 2 (this “Amendment”) to the Schedule 13G (the “Initial 13G”) filed with the Securities and Exchange Commission on December 11, 2017 by the Reporting Persons (as defined below) relating to PARTS iD, Inc. (f/k/a Legacy Acquisition Corp.), a Delaware Corporation (the “Issuer”), and as amended and supplemented by Amendment No. 1 to the Initial 13G filed on February 14, 2020, 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 (“CCM”);

 

   

Coliseum Capital, LLC (“CC”);

 

   

Coliseum Capital Partners, L.P. (“CCP”);

 

   

Adam Gray (“Gray”); and

 

   

Christopher Shackelton (“Shackelton”).

 

Item 4.

Ownership

Item 4 is hereby amended and supplemented as follows:

The information relating to the beneficial ownership of Class A Common Stock, par value $0.0001 (“Common Stock”), by each of the Reporting Persons set forth in Rows 5 through 9 and Row 11 of the cover pages hereto is incorporated herein by reference.

The ownership percentage of each Reporting Person set forth in Row 11 of the cover pages hereto has been calculated based on an assumed total of 32,873,457 shares of Common Stock issued and outstanding as of January 25, 2021, as reported by the Issuer in its Registration Statement on Form S-1, filed with the Securities and Exchange Commission on January 29, 2021.

 

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 securities, check the following ☒

 

Item 8.

Identification and Classification of Members of the Group.

Item 8 is hereby amended and supplemented as follows:

CCM is the investment adviser to CCP, which is an investment limited partnership. CC is the General Partner of CCP. Gray and Shackelton are the managers of CC and CCM.

The Reporting Persons may be deemed to be members of a group with respect to the Common Stock owned of record by CCP and a separate account managed by CCM (the “Separate Account”). CCP is the record owner of 183,095 shares of Common Stock and the Separate Account is the record owner of 67,230 shares of Common Stock.

 

Item 10.

Certifications

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.


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 16, 2021

 

COLISEUM CAPITAL MANAGEMENT, LLC     COLISEUM CAPITAL, LLC
By:  

/s/ Chivonne Cassar

    By:  

/s/ Chivonne Cassar

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

/s/ Chivonne Cassar

    By:  

/s/ Chivonne Cassar

      Chivonne Cassar, Attorney-in-fact           Chivonne Cassar, Attorney-in-fact
CHRISTOPHER SHACKELTON      
By:  

/s/ Chivonne Cassar

     
      Chivonne Cassar, Attorney-in-fact      


CUSIP No. 524643103

   13G/A    Page 9 of 9

 

EXHIBIT INDEX

 

Exhibit

  

Description

1.    Joint Filing Agreement, dated December 11, 2017 by and among the Reporting Persons (incorporated by reference to Exhibit 1 to the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on December 11, 2017).