0001104659-20-103468.txt : 20200909 0001104659-20-103468.hdr.sgml : 20200909 20200909162958 ACCESSION NUMBER: 0001104659-20-103468 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20200909 DATE AS OF CHANGE: 20200909 GROUP MEMBERS: ACORN HOLDINGS B.V. GROUP MEMBERS: AGNATEN SE GROUP MEMBERS: JAB FOREST B.V. GROUP MEMBERS: JAB HOLDING CO S.A R.L. GROUP MEMBERS: JAB HOLDINGS B.V. GROUP MEMBERS: JAB INVESTMENTS S.A R.L. GROUP MEMBERS: JOH. A. BENCKISER B.V. GROUP MEMBERS: LUCRESCA SE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Keurig Dr Pepper Inc. CENTRAL INDEX KEY: 0001418135 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] IRS NUMBER: 753258232 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-84051 FILM NUMBER: 201166804 BUSINESS ADDRESS: STREET 1: 53 SOUTH AVENUE CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 781-418-7000 MAIL ADDRESS: STREET 1: 53 SOUTH AVENUE CITY: BURLINGTON STATE: MA ZIP: 01803 FORMER COMPANY: FORMER CONFORMED NAME: Dr Pepper Snapple Group, Inc. DATE OF NAME CHANGE: 20080108 FORMER COMPANY: FORMER CONFORMED NAME: CSAB Inc. DATE OF NAME CHANGE: 20071109 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Maple Holdings B.V. CENTRAL INDEX KEY: 0001746478 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: OOSTERDOKSSTRAAT 80 CITY: AMSTERDAM STATE: P7 ZIP: 1011DK BUSINESS PHONE: 31 235 62 65 20 MAIL ADDRESS: STREET 1: OOSTERDOKSSTRAAT 80 CITY: AMSTERDAM STATE: P7 ZIP: 1011DK SC 13D/A 1 tm2030475-1_sc13da.htm SC 13D/A

 

 

  

 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
SCHEDULE 13D/A
 
Under the Securities Exchange Act of 1934
(Amendment No. 7)*
 
 
KEURIG DR PEPPER INC.
(Name of Issuer)
 
Common Stock, Par Value $0.01 Per Share
(Title of Class of Securities)
 
49271V100
(CUSIP Number)
 
Joachim Creus
Maple Holdings B.V.
Oosterdoksstraat 80
1011 DK Amsterdam
The Netherlands
Tel.: +31 20 406 10 01
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
 
Copies To:
Paul T. Schnell, Esq.
Sean C. Doyle, Esq.
Maxim O. Mayer-Cesiano, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
One Manhattan West
New York, New York 10001
Tel.: (212) 735-3000
 
September 8, 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.   ¨
 
 
NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 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 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).

 

 

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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ¨.

 

 

 

 

 

 

CUSIP No. 49271V100    
1.  

NAMES OF REPORTING PERSONS:

 

Maple Holdings B.V.

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  x

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS

 

N/A

   
5.  

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

 

  ¨
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Netherlands

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

    7.      SOLE VOTING POWER
           None
    8.      SHARED VOTING POWER
           605,363,798 (1) (see Items 4 and 5) 
    9.      SOLE DISPOSITIVE POWER
           None
  10.      SHARED DISPOSITIVE POWER
           605,363,798 (1) (see Items 4 and 5)

 

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

605,363,798 shares of Common Stock (1) (see Items 4 and 5)

   
12.  

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

 

  ¨
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

43.0% of Common Stock (2) (see Item 5)

   
14.  

TYPE OF REPORTING PERSON

 

HC

   

 

(1) This represents the aggregate voting and dispositive power of shares of common stock, par value $0.01 per share (“Common Stock”), of Keurig Dr Pepper Inc. (“KDP”) that may be deemed to be beneficially owned by Maple Holdings B.V. (“Maple Holdings”), after giving effect to the transactions described in Item 4.

 

(2) The percentage ownership is based upon 1,407,196,228 shares of Common Stock issued and outstanding as of July 28, 2020, as set forth in Prospectus Supplement No. 4 dated August 17, 2020 (the “Prospectus Supplement”) supplementing the Registration Statement (including a prospectus) on Form S-3 and the Resale Prospectus Supplement each filed by KDP with the United States Securities and Exchange Commission (the “Commission”) on August 27, 2019.

 

 

 

 

CUSIP No. 49271V100    
1.  

NAMES OF REPORTING PERSONS:

 

Acorn Holdings B.V.

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  ¨

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS

 

N/A

   
5.  

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

 

  ¨
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Netherlands

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

    7.      SOLE VOTING POWER
           None
    8.      SHARED VOTING POWER
           605,363,798 (1) (see Items 4 and 5)
    9.      SOLE DISPOSITIVE POWER
           None
  10.      SHARED DISPOSITIVE POWER
           605,363,798 (1) (see Items 4 and 5)

 

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

605,363,798 shares of Common Stock (see Items 4 and 5)

   
12.  

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

 

  ¨
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

43.0% of Common Stock (2) (see Item 5)

   
14.  

TYPE OF REPORTING PERSON

 

HC

   

 

(1) This represents the aggregate voting and dispositive power of shares of Common Stock that may be deemed to be beneficially owned by Maple Holdings. Acorn Holdings B.V. (“Acorn”) may be deemed to have beneficial ownership of such shares since Maple Holdings is an indirect subsidiary of Acorn. Neither the filing of this Statement on Schedule 13D nor any of its contents shall be deemed to constitute an admission by Acorn that it is the beneficial owner of any of the common stock referred to herein for purposes of Section 13(d) of the Exchange Act, or for any other purpose, and such beneficial ownership is expressly disclaimed.

 

(2) The percentage ownership is based upon 1,407,196,228 shares of Common Stock issued and outstanding as of July 28, 2020, as set forth in Prospectus Supplement.

 

 

 

 

CUSIP No. 49271V100    
1.  

NAMES OF REPORTING PERSONS:

 

JAB Forest B.V.

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  ¨

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS

 

N/A

   
5.  

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

 

  ¨
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Netherlands

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

    7.      SOLE VOTING POWER
           None
    8.      SHARED VOTING POWER
           605,363,798 (1) (see Items 4 and 5)
    9.      SOLE DISPOSITIVE POWER
           None
  10.      SHARED DISPOSITIVE POWER
          605,363,798 (1) (see Items 4 and 5)

 

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

605,363,798 shares of Common Stock (see Items 4 and 5)

   
12.  

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

 

  ¨
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

43.0% of Common Stock (2) (see Item 5)

   
14.  

TYPE OF REPORTING PERSON

 

HC

   

 

(1) This represents the aggregate voting and dispositive power of shares of Common Stock that may be deemed to be beneficially owned by Maple Holdings. JAB Forest B.V. (“Forest”) may be deemed to have beneficial ownership of such shares since Maple Holdings is an indirect subsidiary of Forest. Neither the filing of this Statement on Schedule 13D nor any of its contents shall be deemed to constitute an admission by Forest that it is the beneficial owner of any of the common stock referred to herein for purposes of Section 13(d) of the Exchange Act, or for any other purpose, and such beneficial ownership is expressly disclaimed.

 

(2) The percentage ownership is based upon 1,407,196,228 shares of Common Stock issued and outstanding as of July 28, 2020, as set forth in Prospectus Supplement.

 

 

 

 

CUSIP No. 49271V100    
1.  

NAMES OF REPORTING PERSONS:

 

JAB Holdings B.V.

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  ¨

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS

 

N/A

   
5.  

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

 

  ¨
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Netherlands

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

    7.      SOLE VOTING POWER
           None
    8.      SHARED VOTING POWER
           620,143,798 (1) (see Items 4 and 5)
    9.      SOLE DISPOSITIVE POWER
           None
  10.      SHARED DISPOSITIVE POWER
           620,143,798 (1) (see Items 4 and 5)

 

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

620,143,798 shares of Common Stock (see Items 4 and 5)

   
12.  

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

 

  ¨
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

44.1% of Common Stock (2) (see Item 5)

   
14.  

TYPE OF REPORTING PERSON

 

HC

   

 

(1) This represents the aggregate voting and dispositive power of shares of Common Stock that may be deemed to be beneficially owned by JAB Holdings B.V. (“JAB Holdings”), including the shares of Common Stock beneficially owned by Maple Holdings. JAB Holdings may be deemed to have beneficial ownership of the shares held by Maple Holdings since Maple Holdings is an indirect subsidiary of JAB Holdings. Neither the filing of this Statement on Schedule 13D nor any of its contents shall be deemed to constitute an admission by JAB Holdings that it is the beneficial owner of any of the common stock held by Maple Holdings for purposes of Section 13(d) of the Exchange Act, or for any other purpose, and such beneficial ownership is expressly disclaimed.

 

(2) The percentage ownership is based upon 1,407,196,228 shares of Common Stock issued and outstanding as of July 28, 2020, as set forth in Prospectus Supplement.

 

 

 

 

CUSIP No. 49271V100    
1.  

NAMES OF REPORTING PERSONS:

 

JAB Investments S.à r.l.

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  ¨

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS

 

N/A

   
5.  

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

 

  ¨
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Luxembourg

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

    7.      SOLE VOTING POWER
           None
    8.      SHARED VOTING POWER
           620,143,798 (1) (see Items 4 and 5)
    9.      SOLE DISPOSITIVE POWER
           None
  10.      SHARED DISPOSITIVE POWER
           620,143,798 (1) (see Items 4 and 5)

 

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

620,143,798 shares of Common Stock (see Items 4 and 5)

   
12.  

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

 

  ¨
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

44.1% of Common Stock (2) (see Item 5)

   
14.  

TYPE OF REPORTING PERSON

 

HC

   

 

(1) This represents the aggregate voting and dispositive power of shares of Common Stock that may be deemed to be beneficially owned by Maple Holdings or JAB Holdings. JAB Investments S.à r.l. (“JAB Investments”) may be deemed to have beneficial ownership of such shares since Maple Holdings is an indirect subsidiary and JAB Holdings is a direct subsidiary of JAB Investments. Neither the filing of this Statement on Schedule 13D nor any of its contents shall be deemed to constitute an admission by JAB Investments that it is the beneficial owner of any of the common stock referred to herein for purposes of Section 13(d) of the Exchange Act, or for any other purpose, and such beneficial ownership is expressly disclaimed.

 

(2) The percentage ownership is based upon 1,407,196,228 shares of Common Stock issued and outstanding as of July 28, 2020, as set forth in Prospectus Supplement.

 

 

 

 

CUSIP No. 49271V100    
1.  

NAMES OF REPORTING PERSONS:

 

JAB Holding Company S.à r.l.

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  ¨

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS

 

N/A

   
5.  

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

 

  ¨
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Luxembourg

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

    7.      SOLE VOTING POWER
           None
    8.      SHARED VOTING POWER
           620,143,798 (1) (see Items 4 and 5)
    9.      SOLE DISPOSITIVE POWER
           None
  10.      SHARED DISPOSITIVE POWER
           620,143,798 (1) (see Items 4 and 5)

 

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

620,143,798 shares of Common Stock (see Items 4 and 5)

   
12.  

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

 

  ¨
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

44.1% of Common Stock (2)(see Item 5)

   
14.  

TYPE OF REPORTING PERSON

 

HC

   

 

(1) This represents the aggregate voting and dispositive power of shares of Common Stock that may be deemed to be beneficially owned by Maple Holdings or JAB Holdings. JAB Holding Company S.à r.l. (“JAB Holding Company”) may be deemed to have beneficial ownership of such shares since Maple Holdings and JAB Holdings are indirect subsidiaries of JAB Holding Company. Neither the filing of this Statement on Schedule 13D nor any of its contents shall be deemed to constitute an admission by JAB Holding Company that it is the beneficial owner of any of the common stock referred to herein for purposes of Section 13(d) of the Exchange Act, or for any other purpose, and such beneficial ownership is expressly disclaimed.

 

(2) The percentage ownership is based upon 1,407,196,228 shares of Common Stock issued and outstanding as of July 28, 2020, as set forth in Prospectus Supplement.

 

 

 

 

CUSIP No. 49271V100    
1.  

NAMES OF REPORTING PERSONS:

 

Joh. A. Benckiser B.V.

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  ¨

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS

 

N/A

   
5.  

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

 

  ¨
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Netherlands

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

    7.      SOLE VOTING POWER
           None
    8.      SHARED VOTING POWER
           620,143,798 (1) (see Items 4 and 5)
    9.      SOLE DISPOSITIVE POWER
           None
  10.      SHARED DISPOSITIVE POWER
          620,143,798 (1) (see Items 4 and 5)

 

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

620,143,798 shares of Common Stock (see Items 4 and 5)

   
12.  

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

 

  ¨
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

44.1% of Common Stock (2) (see Item 5)

   
14.  

TYPE OF REPORTING PERSON

 

HC

   

 

(1) This represents the aggregate voting and dispositive power of shares of Common Stock that may be deemed to be beneficially owned by Maple Holdings or JAB Holdings. Joh. A. Benckiser B.V. (“Joh. A. Benckiser”) may be deemed to have beneficial ownership of such shares since Maple Holdings and JAB Holdings are indirect subsidiaries of Joh. A. Benckiser. Neither the filing of this Statement on Schedule 13D nor any of its contents shall be deemed to constitute an admission by Joh. A. Benckiser that it is the beneficial owner of any of the common stock referred to herein for purposes of Section 13(d) of the Exchange Act, or for any other purpose, and such beneficial ownership is expressly disclaimed.

 

(2) The percentage ownership is based upon 1,407,196,228 shares of Common Stock issued and outstanding as of July 28, 2020, as set forth in Prospectus Supplement.

 

 

 

 

CUSIP No. 49271V100    
1.  

NAMES OF REPORTING PERSONS:

 

Agnaten SE

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  ¨

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS

 

N/A

   
5.  

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

 

  ¨
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Austria

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

    7.      SOLE VOTING POWER
           None
    8.      SHARED VOTING POWER
           620,143,798 (1) (see Items 4 and 5)
    9.      SOLE DISPOSITIVE POWER
           None
  10.      SHARED DISPOSITIVE POWER
          620,143,798 (1) (see Items 4 and 5)

 

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

620,143,798 shares of Common Stock (see Items 4 and 5)

   
12.  

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

 

  ¨
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

44.1% of Common Stock (2) (see Item 5)

   
14.  

TYPE OF REPORTING PERSON

 

HC

   

 

(1) This represents the aggregate voting and dispositive power of shares of Common Stock that may be deemed to be beneficially owned by Maple Holdings or JAB Holdings. Agnaten SE (“Agnaten”) may be deemed to have beneficial ownership of such shares since Maple Holdings and JAB Holdings are indirect subsidiaries of Agnaten. Neither the filing of this Statement on Schedule 13D nor any of its contents shall be deemed to constitute an admission by Agnaten that it is the beneficial owner of any of the common stock referred to herein for purposes of Section 13(d) of the Exchange Act, or for any other purpose, and such beneficial ownership is expressly disclaimed.

 

(2) The percentage ownership is based upon 1,407,196,228 shares of Common Stock issued and outstanding as of July 28, 2020, as set forth in Prospectus Supplement. 

 

 

 

 

CUSIP No. 49271V100    
1.  

NAMES OF REPORTING PERSONS:

 

Lucresca SE

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  ¨

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS

 

N/A

   
5.  

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

 

  ¨
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Austria

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

    7.      SOLE VOTING POWER
           None
    8.      SHARED VOTING POWER
           620,143,798 (1) (see Items 4 and 5)
    9.      SOLE DISPOSITIVE POWER
           None
  10.      SHARED DISPOSITIVE POWER
          620,143,798 (1) (see Items 4 and 5)

 

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

620,143,798 shares of Common Stock (see Items 4 and 5)

   
12.  

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

 

  ¨
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

44.1% of Common Stock (2) (see Item 5)

   
14.  

TYPE OF REPORTING PERSON

 

HC

   

 

(1) This represents the aggregate voting and dispositive power of shares of Common Stock that may be deemed to be beneficially owned by Maple Holdings or JAB Holdings. Lucresca SE (“Lucresca”) may be deemed to have beneficial ownership of such shares since Maple Holdings and JAB Holdings are indirect subsidiaries of Lucresca. Neither the filing of this Statement on Schedule 13D nor any of its contents shall be deemed to constitute an admission by Lucresca that it is the beneficial owner of any of the common stock referred to herein for purposes of Section 13(d) of the Exchange Act, or for any other purpose, and such beneficial ownership is expressly disclaimed.

 

(2) The percentage ownership is based upon 1,407,196,228 shares of Common Stock issued and outstanding as of July 28, 2020, as set forth in Prospectus Supplement.

 

 

 

 

EXPLANATORY NOTE

 

This Schedule 13D/A constitutes Amendment No. 7 (“Amendment No. 7”) to and amends and supplements the prior statement on Schedule 13D as filed on July 19, 2018, as amended by Amendment No. 1 filed on May 16, 2019, Amendment No. 2 filed on May 28, 2019, Amendment No. 3 filed on March 9, 2020, Amendment No. 4 filed on May 22, 2020, Amendment No. 5 filed on June 12, 2020 and Amendment No. 6 filed on August 19, 2020 (as so amended, the “Schedule 13D”), by (i) Maple Holdings B.V., a private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) organized under the laws of the Netherlands (“Maple Holdings”), (ii) Acorn Holdings B.V., a private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) organized under the laws of the Netherlands, which is the parent company of Maple Holdings (“Acorn”), (iii) JAB Forest B.V., a private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) organized under the laws of the Netherlands, which is the parent company of Acorn (“Forest”), (iv) JAB Holdings B.V., a private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) organized under the laws of the Netherlands, which is the parent company of Forest (“JAB Holdings”), (v) JAB Investments S.à r.l., a private limited liability company incorporated under the laws of Luxembourg, which is the parent company of JAB Holdings (“JAB Investments”), (vi) JAB Holding Company S.à r.l., a private limited liability company incorporated under the laws of Luxembourg, which is the parent company of JAB Investments (“JAB Holding Company”), (vii) Joh. A. Benckiser B.V. (formerly known as Donata Holdings B.V.), a private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) organized under the laws of the Netherlands, which is a parent company of JAB Holding Company (“Joh. A. Benckiser”), (viii) Agnaten SE, a private company incorporated under the laws of Austria, which is a parent company of JAB Holding Company (“Agnaten”), and (ix) Lucresca SE, a private company incorporated under the laws of Austria, which is the parent company of Joh. A. Benckiser (“Lucresca”, and together with Maple Holdings, Acorn, Forest, JAB Holdings, JAB Investments, JAB Holding Company, Joh. A. Benckiser and Agnaten, the “Reporting Persons”). Except as set forth herein, the Schedule 13D as previously amended remains applicable.

 

Item 4. Purpose of Transaction.

 

Item 4 is hereby amended and supplemented as follows:

 

On September 8, 2020, Acorn Holdings B.V. (“Acorn”) distributed (the “Distribution”) shares of Common Stock, par value $0.01 per share (the “Shares”), of Keurig Dr Pepper Inc. (“KDP”) to affiliates of each of BDT Capital Partners, LLC (“BDT”), Quadrant Capital Advisors, Inc. (“Quadrant”) and JAB Consumer Fund SCA SICAR (“JCF” and together with BDT and Quadrant, the “Minority Partners”) in redemption of all or some of each such Minority Partner’s existing interest in Acorn. Acorn distributed an aggregate number of 75,720,324 Shares to the Minority Partners. All of the Minority Partners that received Shares in the Distribution are subject to lock-up provisions on the distributed Shares until March 8, 2021. The foregoing description of the Distribution pursuant to agreements with each of the Minority Partners (each, a “Redemption Agreement”) does not purport to be complete and is qualified in its entirety by reference to the form of the Redemption Agreements, which is attached hereto as Exhibit 13 and is incorporated herein by reference.

 

Item 5. Interest in Securities of the Issuer.

 

Item 5 is hereby amended and supplemented as follows:

 

(a) – (b) Maple Holdings beneficially owns 605,363,798 Shares, after giving effect to the Distribution, which represents 43.0% of the issued and outstanding Shares as of July 28, 2020, as set forth in Prospectus Supplement No. 4 dated August 17, 2020 (the “Prospectus Supplement”) supplementing the Registration Statement (including prospectus) on Form S-3 and the Resale Prospectus Supplement each filed by KDP with the United States Securities and Exchange Commission (the “Commission”) on August 27, 2019. Each of Acorn and Forest may be deemed, for purposes of Rule 13d-3 under the Exchange Act, to share with Maple Holdings the power to vote or dispose, or to direct the voting or disposition of, the 605,363,798 Shares beneficially owned by Maple Holdings. Therefore, for the purpose of Rule 13d-3, Acorn and Forest may be deemed to be the beneficial owners of an aggregate of 605,363,798 Shares.

 

 

 

 

Each of JAB Holdings, JAB Investments, JAB Holding Company, Joh. A. Benckiser, Agnaten and Lucresca may be deemed, for purposes of Rule 13d-3 under the Exchange Act, to share the power to vote or dispose, or to direct the voting or disposition of, the aggregate 14,780,000 Shares acquired by JAB Holdings as previously disclosed in Amendment No. 3 and Amendment No. 4 to this Schedule 13D, and, together with Maple Holdings, Acorn and Forest, to share the power to vote or dispose, or to direct the voting or disposition of, the 605,363,798 Shares beneficially owned by Maple Holdings. Therefore, for the purpose of Rule 13d-3, JAB Holdings, JAB Investments, JAB Holding Company, Joh. A. Benckiser, Agnaten and Lucresca may be deemed to be the beneficial owners of an aggregate of 620,143,798 Shares, which represents 44.1% of the issued and outstanding Shares as of July 28, 2020, as set forth in the Prospectus Supplement.

 

As of the date hereof, Peter Harf may be deemed to be the beneficial owner of an aggregate of 178,200 Shares, 21,400 of which are owned by Mr. Harf’s spouse, which represents less than 0.1% of the issued and outstanding Shares as of July 28, 2020, as set forth in the Prospectus Supplement. Mr. Harf has the sole power to vote or dispose, or direct the voting or disposition of, 156,800 Shares. Mr. Harf disclaims beneficial ownership of the Shares owned by his spouse.

 

As of the date hereof, Olivier Goudet beneficially owns 40,000 Shares, which represents less than 0.1% of the issued and outstanding Shares as of July 28, 2020, as set forth in the Prospectus Supplement.

 

Except as set forth in this Item 5(a), none of the Reporting Persons, and, to the best knowledge of the Reporting Persons, none of the persons named in Schedule A to the Schedule 13D beneficially owns any Shares. Neither the filing of this Amendment No. 7 nor any of its contents shall be deemed to constitute an admission by the Reporting Persons that it is the beneficial owner of any Shares.

 

(c) Except for the Distribution disclosed in Item 4 herein and the Share Sale and the Share Purchase disclosed in Amendment No. 4, none of the Reporting Persons, and to the best knowledge of the Reporting Persons, none of the persons named in Schedule A to the Schedule 13D, has effected any transactions in the Shares during the past 60 days.

 

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

 

Item 6 is hereby amended and supplemented as follows:

 

In connection with the Distribution referred to in Item 4 above, Acorn and Maple Holdings entered into Redemption Agreements (see Item 4) with each of BDT, JCF and Quadrant, in each case substantially in the form attached hereto as Exhibit 13, which is incorporated herein by reference.

 

Item 7. Material to be Filed as Exhibits.

 

Item 7 is hereby amended and supplemented as follows:

 

Exhibit Number   Exhibit Name
13.   Form of Redemption Agreement.

 

 

 

 

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.

 

Dated: September 9, 2020

 

  JAB FOREST B.V.
JAB HOLDINGS B.V.
JOH. A. BENCKISER B.V.
     
  By: /s/ Joachim Creus
  Name: Joachim Creus
  Title: Director
     
  By: /s/ Fabien Simon
  Name: Fabien Simon
  Title: Director
     
  ACORN HOLDINGS B.V.
     
  By: /s/ Joachim Creus
  Name: Joachim Creus
  Title: Proxy Holder
     
  JAB HOLDING COMPANY S.À r.l.
     
  By: /s/ Constantin Thun
  Name: Constantin Thun
  Title: Manager
     
  By: /s/ Joachim Creus
  Name: Joachim Creus
  Title: Manager
     
  JAB INVESTMENTS S.À R.L.
   
  By: /s/ Joachim Creus
  Name: Joachim Creus
  Title: Manager
     
  By: /s/ Philippe Chenu                  
  Name: Philippe Chenu
  Title: Manager

 

  AGNATEN SE
  LUCRESCA SE
     
  By: /s/ Joachim Creus
  Name: Joachim Creus
  Title: Authorized Representative

   

  MAPLE HOLDINGS B.V.
     
  By: /s/ Merel Broers         
  Name: Merel Broers
  Title: Director
     
  By: /s/ Leo Burgers
  Name: Leo Burgers
  Title: Director

 

 

 

EX-13 2 tm2030475-1_ex13.htm EXHIBIT 13

Exhibit 13

 

Form of Redemption Agreement

 

Acorn Holdings B.V.

Maple Holdings B.V.
Oosterdoksstraat 80

1011 DK Amsterdam

The Netherlands

 

[Date]

 

[Investor]
[Address]
[Address]
[Address]

 

Ladies and Gentlemen:

 

1.This Agreement (this “Agreement”) is made by and among [Investor] (“Investor”), Acorn Holdings B.V. (“Acorn”) and Maple Holdings B.V. (“Maple”; or collectively, with Investor and Acorn, the “Parties”). Reference is made to (i) the [] Amended and Restated Shareholders Agreement of Acorn, dated as of [] (as modified pursuant to a binding term sheet, dated as of December 12, 2017, and as it may be otherwise amended, modified or supplemented from time to time, the “Shareholders Agreement”) and (ii) Warrant No. [], held by Investor (the “Warrant”), to acquire Ordinary Shares of Acorn. Capitalized terms used but not defined in this letter have the meanings ascribed to them respectively in the Shareholders Agreement.

 

Recitals

 

2.Each of the Parties acknowledges, understands and agrees that as of the date hereof, (i) Investor is the beneficial owner of [] Ordinary Shares K (as defined in the articles of association of Acorn (the “Articles”)) of Acorn (the “Investor Outstanding Ordinary Shares K”), (ii) Investor is the Holder (as defined in the Warrant) of the Warrant, (iii) pursuant to the automatic operation of Section 4 of the Warrant, in light of the recapitalization of Acorn, the Warrant entitles its Holder upon exercise to receive, subject to the terms of the Warrant, up to [] Ordinary Shares K and up to [] Ordinary Shares J1 (as defined in the Articles) of Acorn, in lieu of the [] Ordinary Shares of Acorn contemplated by the Warrant and (iv) Acorn, indirectly through its ownership of all of the equity securities of Maple, owns shares of common stock (“KDP Shares”) of Keurig Dr Pepper, Inc. (“KDP”).

 

3.It is the desire of the Parties that (i) Investor exercise the Warrant to the extent required for the issuance to Investor of an additional [] Ordinary Shares K after giving effect to the automatic operation of Section 4 of the Warrant as described in Section 2(iii) of this Agreement (and that Investor retain its rights with respect to the remaining Ordinary Shares J1 issuable under the Warrant), (ii) Maple distribute [] KDP Shares (the “Redemption Consideration”) to Acorn and (iii) Acorn redeem [] of the Investor Outstanding Ordinary Shares K (the “Redemption Shares”) in exchange for the Redemption Consideration.

 

 

 

 

Representations and Warranties

 

4.Each of Investor, Acorn and Maple represents and warrants to the others, solely as to itself and severally but not jointly, that:

 

a.Such Party has been duly organized and is validly existing and in good standing under the laws of the jurisdiction of its incorporation. Such Party has all requisite power and authority to enter into this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. Assuming the due authorization and execution of this Agreement by the other Parties hereto, this Agreement constitutes a legal, valid and binding obligation of such Party enforceable against such Party in accordance with its, terms except that such enforcement may be subject to applicable bankruptcy, insolvency or other laws now or hereafter in effect affecting creditors’ rights generally.

 

b.The execution and delivery of this Agreement do not, and the consummation of the transactions contemplated hereby will not, conflict with or result in any violation of any statute, law, rule, regulation, judgment, order, decree, or ordinance applicable to such Party, or conflict with or result in any breach or default under (with or without notice or lapse of time, or both), any agreement, contract, note, mortgage, indenture, lease, instrument, permit, concession, franchise or license to which such Party is a party or by which such Party may be bound or affected.

 

5.Investor hereby represents and warrants to Maple and Acorn that it is the registered owner of the Warrant and has good and marketable title to the Redemption Shares being sold hereunder, free and clear of all encumbrances including, without limitation, all mortgages, security interests, liens, pledges, claims, escrows, options, rights of first refusal, indentures, licenses, security agreements or other agreements, arrangements, commitments, contracts, obligations, charges or any other encumbrances of any kind or character (collectively, “Encumbrances”), except for any such restrictions set forth in the Shareholders Agreement and the Warrant.

 

6.Acorn hereby represents and warrants to Investor that it has good and marketable title to all of the equity securities of Maple, free and clear of all Encumbrances.

 

7.Maple hereby represents and warrants to Investor that it has good and marketable title to the Redemption Consideration being sold hereunder, free and clear of all Encumbrances except pursuant to applicable securities laws.

 

Exercise of Warrant

8.Notwithstanding the procedural provisions of Section 2.1 of the Warrant, the Parties acknowledge and agree that Investor irrevocably exercises the Warrant with respect to [] Ordinary Shares K of Acorn.

 

9.In satisfaction of its obligation to deliver the Exercise Price (as defined in the Warrant), with respect to exercise of the Warrant, Investor is remitting aggregate payment in the amount of €[] by wire transfer of immediately available funds to Acorn concurrently with this transaction.

 

10.It is acknowledged and agreed that, immediately upon the consummation of the foregoing transactions, the Warrant shall be of no further force or effect and shall be superseded by the Amended and Restated Warrant, dated as of the date hereof, pursuant to Section 2.1(f) of the Warrant.

 

 2 

 

 

Redemption Transaction to Exchange Maple’s KDP Shares for Acorn’s Maple Shares

 

11.The Parties hereby agree that Acorn shall sell and transfer to Maple, free and clear of any and all Encumbrances, other than any restrictions arising under the applicable securities laws, and Maple shall purchase and redeem from Acorn, [] ordinary shares of Maple (the “Redeemed Maple Shares”), in consideration for which, Maple shall transfer to Acorn, free and clear of any and all Encumbrances, other than any restrictions arising under the applicable securities laws, the Redemption Consideration. Maple shall hold the Redeemed Maple Shares in treasury.

 

Redemption Transaction to Exchange Acorn’s KDP Shares for Investor’s Ordinary Shares K

 

12.Each of Acorn and Investor agrees that, subject to and immediately effective as of the later of (i) the consummation of the exercise of the Warrant contemplated above and (ii) the consummation of the transfer and assignment of the Redeemed Maple Shares contemplated above, Investor shall sell and transfer to Acorn, free and clear of any and all Encumbrances, other than any restrictions arising under the applicable securities laws, and Acorn shall purchase and redeem from Investor, the Redemption Shares, in consideration for which, Acorn shall transfer to Investor (to an account designated by Investor), free and clear of any and all Encumbrances, other than any restrictions arising under the applicable securities laws, and Investor hereby purchases from Acorn, the Redemption Consideration. Acorn shall hold the Redemption Shares in treasury until the next shareholders’ resolution is adopted, at which time Acorn expects that the Redemption Shares will be cancelled.

 

Lock-Up

 

13.Investor agrees that, without the prior written consent of Acorn, Investor will not, and will not publicly disclose an intention to, during the period commencing on the date hereof and ending on March 8, 2021 (the “Restricted Period”), (i) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any of the Redemption Consideration, (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the Redemption Consideration, whether any such transaction described in clause (i) or (ii) above is to be settled by delivery of KDP Shares or any security convertible into or exercisable or exchangeable for KDP Shares, in cash or otherwise or (iii) make any demand for or exercise any right with respect to the registration of any shares of the Redemption Consideration (collectively, the “Lock Up Restrictions”).

 

14.Notwithstanding the foregoing, the Lock Up Restrictions will not apply to distributions of the Redemption Consideration to Investor’s equity holders, which may in turn distribute such Redemption Consideration to their equity holders; provided that each recipient of such distribution must sign and deliver to Acorn an agreement substantially in the form attached hereto as Annex A (the “Lock Up Agreement”).

 

15.The “Lock Up Restrictions” set forth in Section 12 of the letter agreement, dated as of June 11, 2020, by and among the Parties (the “June Redemption Agreement”), as modified by Section 13 of the June Redemption Agreement, shall remain in full force and effect; provided, however, that Acorn hereby waives such Lock Up Restrictions in the June Redemption Agreement solely with respect to the Redemption Consideration received pursuant to this Agreement.

 

16.Investor understands that its agreement to the Lock Up Restrictions is irrevocable and will be binding Investor’s heirs, legal representatives, successors and assigns. The Lock Up Restrictions will be governed by and construed in accordance with the laws of the State of New York.

 

 3 

 

 

Miscellaneous

 

17.Upon the written request of Investor, Maple and Acorn shall use their respective reasonable best efforts to cause KDP to enter into an agreement with Investor that shall provide Investor with the right to require KDP to register (with such registration becoming effective no later than the end of the Restricted Period) the resale of the Redemption Consideration, upon terms and subject to conditions substantially identical to the rights provided in Section 3 of that certain investor rights agreement, dated as of July 9, 2018 (the “IRA”), by and among KDP, Maple and Mondelēz International Holdings LLC, subject to indemnification and procedural obligations substantially identical to those set forth in the IRA, and customary blackout period restrictions that apply to KDP insiders generally. Investor shall not request that such agreement provide for any terms or conditions that, if given effect, would give rise to a breach by KDP of Section 6 of the IRA. For the avoidance of doubt, such agreement shall provide Investor with shelf registration rights only and shall not provide the demand registration, piggyback registration, underwritten offering rights, information, or governance rights provided in the IRA.

 

18.After the end of the Restricted Period and subject to any restrictions set forth in Sections 13 and 14, Maple and Acorn shall use their respective reasonable best efforts to cause KDP to remove any restrictive legends attached to the Redemption Consideration held by Investor or any successor permitted hereby that is an affiliate of Investor, no later than two business days from receipt of a written request from Investor if (i) such shares have been or will be transferred in compliance with Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), (ii) solely for purposes of transferring to and holding in a portfolio margin account, such shares are eligible to be transferred in compliance with Rule 144 under the Securities Act; provided that in the case of this clause (ii), Investor has received written confirmation from the financial institution at which the relevant margin account shall be held that upon foreclosure no transfer of such shares shall be made other than in compliance with U.S. securities laws, (iii) such shares are eligible for resale pursuant to Rule 144(b)(1)(i) under the Securities Act without the requirement for KDP to be in compliance with the current public information required under Rule 144(c)(1) under the Securities Act as to such Shares and without volume or manner-of-sale restrictions or (iv) such shares have been or will be transferred in accordance with the plan of distribution in any registration statement or prospectus supplement that registers such shares for resale under the Securities Act.

 

19.Each Party further agrees to promptly execute and deliver any additional documents and take such further actions as may be necessary or desirable to carry out all of the foregoing aspects of this Agreement.

 

20.Section 21 of the Shareholders Agreement shall apply to this Agreement, mutatis mutandis.

 

[Signature Pages Follow]

 

 4 

 

 

Please confirm that the foregoing is in accordance with your understanding by signing and returning to us a countersigned copy of this Agreement, which shall thereupon constitute a binding agreement as of the date first written above.

 

  Acorn Holdings B.V.  
       
       
  By:                 
  Name:  
  Title:  
       
       
  MAPLE Holdings B.V.  
       
       
  By:    
  Name:  
  Title:  
       
       
  By:    
  Name:  
  Title:  

 

[Signature Page to Redemption Agreement]

 

 

 

 

ACKNOWLEDGED AND AGREED:  
     
[INVESTOR]  
   
   
By:    
Name:  
Title:  
   
   
By:                     
Name:  
Title:  

[Signature Page to Redemption Agreement]

 

 

 

 

Annex A

 

Form of Lock Up Agreement

 

The undersigned agrees that, without the prior written consent of Acorn Holdings B.V. (“Acorn”), the undersigned will not, and will not publicly disclose an intention to, during the period commencing on September 8, 2020 and ending on March 8, 2021 (the “Restricted Period”), (1) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any shares of common stock, par value $0.01 per share (the “KDP Shares”), of Keurig Dr Pepper Inc. received by Quercus B.V. (“Quadrant”) pursuant to the letter agreement, dated as of September 8, 2020, by and among Quadrant, Acorn and Maple Holdings B.V. (“Maple”) (the “Redemption Consideration”), (2) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the Redemption Consideration, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of KDP Shares or any security convertible into or exercisable or exchangeable for KDP Shares, in cash or otherwise or (3) make any demand for or exercise any right with respect to the registration of any shares of the Redemption Consideration (collectively, the “Lock Up Restrictions”).

 

The Lock Up Restrictions will not apply, if the undersigned is a business entity, to distributions of the Redemption Consideration to its equity holders which may in turn distribute such Redemption Consideration to their equity holders; provided that each recipient of such distribution must sign and deliver to Acorn an agreement on substantially the same terms as the terms hereof.

 

If the undersigned entered into a lock up agreement (a “Prior Lock Up”) with Acorn in connection with KDP Shares received by Quadrant pursuant to the letter agreement, dated as of June 11, 2020, by and among Quadrant, Acorn and Maple, such Prior Lock Up shall remain in full force and effect; provided, however, that Acorn hereby waives the “Lock Up Restrictions” of the Prior Lock Up solely with respect to the Redemption Consideration.

 

The undersigned understands that its agreement to the Lock Up Restrictions is irrevocable and will be binding on the undersigned’s heirs, legal representatives, successors and assigns. The Lock Up Restrictions will be governed by and construed in accordance with the laws of the State of New York.

 

 

     
  (Signature)  
     
     
     
  (Print Name)  
     
     
     
  (Date)  

 

Annex A - Form of Lock Up Agreement

 

 

 

 

 

  ACKNOWLEDGED AND AGREED:  
       
  Acorn Holdings B.V.  
       
       
  By:                            
  Name:  
  Title:  

 

Annex A - Form of Lock Up Agreement