CHRISTOPHER S. KIPER
LEGION PARTNERS ASSET MANAGEMENT, LLC
9401 Wilshire Blvd, Suite 705,
Beverly Hills, CA 90212
(424) 253-1773
|
APRIL WILCOX
CALIFORNIA STATE TEACHERS’ RETIREMENT SYSTEM
100 Waterfront Place, MS 04, West Sacramento, CA 95605
(916) 414-7551
|
1
|
NAME OF REPORTING PERSONS
Legion Partners, L.P. I
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a) ⌧ (b) ◻
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
- 0 -
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ◻
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
|
|
14
|
TYPE OF REPORTING PERSON
PN
|
1
|
NAME OF REPORTING PERSONS
Legion Partners, L.P. II
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a) ⌧ (b) ◻
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
- 0 -
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ◻
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
|
|
14
|
TYPE OF REPORTING PERSON
PN
|
1
|
NAME OF REPORTING PERSONS
Legion Partners Special Opportunities, L.P. I
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a) ⌧ (b) ◻
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
- 0 -
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ◻
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
|
|
14
|
TYPE OF REPORTING PERSON
PN
|
1
|
NAME OF REPORTING PERSONS
Legion Partners, LLC
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a) ⌧ (b) ◻
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
AF
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
- 0 -
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ◻
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
|
|
14
|
TYPE OF REPORTING PERSON
OO
|
1
|
NAME OF REPORTING PERSONS
Legion Partners Asset Management, LLC
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a) ⌧ (b) ◻
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
AF
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
- 0 -
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ◻
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
|
|
14
|
TYPE OF REPORTING PERSON
OO
|
1
|
NAME OF REPORTING PERSONS
Legion Partners Holdings, LLC
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a) ⌧ (b) ◻
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
AF
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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
100
|
|
9
|
SOLE DISPOSITIVE POWER
-0-
|
|
10
|
SHARED DISPOSITIVE POWER
100
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ◻
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1%
|
|
14
|
TYPE OF REPORTING PERSON
OO
|
1
|
NAME OF REPORTING PERSONS
Christopher S. Kiper
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a) ⌧ (b) ◻
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
AF
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ◻
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
USA
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
- 0 -
|
8
|
SHARED VOTING POWER
100
|
|
9
|
SOLE DISPOSITIVE POWER
- 0 -
|
|
10
|
SHARED DISPOSITIVE POWER
100
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ◻
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1%
|
|
14
|
TYPE OF REPORTING PERSON
IN
|
1
|
NAME OF REPORTING PERSONS
Raymond White
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a) ⌧ (b) ◻
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
AF
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ◻
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
USA
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
- 0 -
|
8
|
SHARED VOTING POWER
100
|
|
9
|
SOLE DISPOSITIVE POWER
- 0 -
|
|
10
|
SHARED DISPOSITIVE POWER
100
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ◻
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1%
|
|
14
|
TYPE OF REPORTING PERSON
IN
|
1
|
NAME OF REPORTING PERSONS
California State Teachers’ Retirement System
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a) ⌧ (b) ◻
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ◻
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
California
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
34,463
|
8
|
SHARED VOTING POWER
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
34,463
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,463
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ◻
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1%
|
|
14
|
TYPE OF REPORTING PERSON
EP
|
Item 5. |
Interest in Securities of the Issuer.
|
(a) |
As of the close of business on October 22, 2019, Legion Partners I beneficially owned 0 Shares.
|
(b) | 1. | Sole power to vote or direct vote: 0 |
2. |
Shared power to vote or direct vote: 0
|
3. |
Sole power to dispose or direct the disposition: 0
|
4. |
Shared power to dispose or direct the disposition: 0
|
(c) |
The transactions in the securities of the Issuer by Legion Partners I since the filing of Amendment No. 5 to the Schedule 13D are set forth in Schedule A and are
incorporated herein by reference.
|
B. |
Legion Partners II
|
(a) |
As of the close of business on October 22, 2019, Legion Partners II beneficially owned 0 Shares.
|
(b) | 1. | Sole power to vote or direct vote: 0 |
2. |
Shared power to vote or direct vote: 0
|
3. |
Sole power to dispose or direct the disposition: 0
|
4. |
Shared power to dispose or direct the disposition: 0
|
(c) |
The transactions in the securities of the Issuer by Legion Partners II since the filing of Amendment No. 5 to the Schedule 13D are set forth in Schedule A and are
incorporated herein by reference.
|
C. |
Legion Partners Special I
|
(a) |
As of the close of business on October 22, 2019, Legion Partners Special I beneficially owned 0 Shares.
|
(b) | 1. | Sole power to vote or direct vote: 0 |
2. |
Shared power to vote or direct vote: 0
|
3. |
Sole power to dispose or direct the disposition: 0
|
4. |
Shared power to dispose or direct the disposition: 0
|
D. |
Legion LLC
|
(a) |
As of the close of business on October 22, 2019, Legion LLC, as the general partner of each of Legion Partners I, Legion Partners II and Legion Partners Special I, may
be deemed the beneficial owner of 0 Shares.
|
(b) | 1. | Sole power to vote or direct vote: 0 |
2. |
Shared power to vote or direct vote: 0
|
3. |
Sole power to dispose or direct the disposition: 0
|
4. |
Shared power to dispose or direct the disposition: 0
|
(c) |
Legion LLC has not entered into any transactions in the securities of the Issuer since the filing of Amendment No. 5 to the Schedule 13D. The transactions in the
securities of the Issuer on behalf of each of Legion Partners I, Legion Partners II and Legion Partners Special I since the filing of Amendment No. 5 to the Schedule 13D are set forth in Schedule A and are incorporated herein by
reference.
|
E. |
Legion Partners Asset Management
|
(a) |
As of the close of business on October 22, 2019, Legion Partners Asset Management, as the investment advisor of each of Legion Partners I, Legion Partners II and Legion
Partners Special I, may also be deemed the beneficial owner of 0 Shares.
|
(b) |
1. Sole power to vote or direct vote: 0
|
2. |
Shared power to vote or direct vote: 0
|
3. |
Sole power to dispose or direct the disposition: 0
|
4. |
Shared power to dispose or direct the disposition: 0
|
(c) |
Legion Partners Asset Management has not entered into any transactions in the securities of the Issuer since the filing of Amendment No. 5 to the Schedule 13D. The
transactions in the securities of the Issuer on behalf of each of Legion Partners I, Legion Partners II and Legion Partners Special I since the filing of Amendment No. 5 to the Schedule 13D set forth in Schedule A and are incorporated
herein by reference.
|
F. |
Legion Partners Holdings
|
(a) |
As of the close of business on October 22, 2019, Legion Partners Holdings beneficially owned 100 Shares.
|
(b) | 1. | Sole power to vote or direct vote: 0 |
2. |
Shared power to vote or direct vote: 100
|
3. |
Sole power to dispose or direct the disposition: 0
|
4. |
Shared power to dispose or direct the disposition: 100
|
(c) |
Legion Partners Holdings has not entered into any transactions in the securities of the Issuer since the filing of Amendment No. 5 to the Schedule 13D. The transactions
in the securities of the Issuer on behalf of each of Legion Partners I, Legion Partners II and Legion Partners Special I since the filing of Amendment No. 5 to the Schedule 13D are set forth in Schedule A and are incorporated herein by
reference.
|
G. |
Messrs. Kiper and White
|
(a) |
As of the close of business on October 22, 2019, each of Messrs. Kiper and White, as a managing member of Legion Partners Holdings, may be deemed the beneficial owner of
the 100 Shares beneficially owned by Legion Partners Holdings.
|
(b) | 1. | Sole power to vote or direct vote: 0 |
2. |
Shared power to vote or direct vote: 100
|
3. |
Sole power to dispose or direct the disposition: 0
|
4. |
Shared power to dispose or direct the disposition: 100
|
(c) |
Neither Mr. Kiper nor Mr. White has entered into any transactions in the securities of the Issuer since the filing of Amendment No. 5 to the Schedule 13D. The
transactions in the securities of the Issuer on behalf of each of Legion Partners I, Legion Partners II and Legion Partners Special I since the filing of Amendment No. 5 to the Schedule 13D are set forth in Schedule A and are
incorporated herein by reference.
|
H. |
CalSTRS
|
(a) |
As of the close of business on October 22, 2019, CalSTRS beneficially owned 34,463 Shares.
|
(b) | 1. | Sole power to vote or direct vote: 34,463 |
2. |
Shared power to vote or direct vote: 0
|
3. |
Sole power to dispose or direct the disposition: 34,463
|
4. |
Shared power to dispose or direct the disposition: 0
|
(c) |
CalSTRS has not entered into any transactions in the securities of the Issuer since the filing of Amendment No. 5 to the Schedule 13D.
|
Legion Partners, L.P. I | |||
By: | Legion Partners Asset Management, LLC | ||
Investment Advisor | |||
By:
|
/s/ Christopher S. Kiper | ||
Name: Christopher S. Kiper | |||
Title: Managing Director | |||
Legion Partners, L.P. II | |||
By: | Legion Partners Asset Management, LLC | ||
Investment Advisor | |||
By:
|
/s/ Christopher S. Kiper | ||
Name: Christopher S. Kiper | |||
Title: Managing Director | |||
Legion Partners Special Opportunities, L.P. I
|
|||
By: | Legion Partners Asset Management, LLC | ||
Investment Advisor | |||
By:
|
/s/ Christopher S. Kiper | ||
Name: Christopher S. Kiper | |||
Title: Managing Director | |||
Legion Partners, LLC
|
|||
By: | Legion Partners Holdings, LLC | ||
Managing Member
|
|||
By:
|
/s/ Christopher S. Kiper | ||
Name: Christopher S. Kiper | |||
Title: Managing Member | |||
Legion Partners Asset Management, LLC
|
|||
By:
|
/s/ Christopher S. Kiper | ||
Name: Christopher S. Kiper | |||
Title: Managing Director | |||
Legion Partners Holdings, LLC
|
|||
By:
|
/s/ Christopher S. Kiper | ||
Name: Christopher S. Kiper | |||
Title: Managing Director | |||
|
|||
/s/ Christopher S. Kiper | |||
Christopher S. Kiper |
|
|||
/s/ Raymond White |
|||
Raymond White |
|
CALIFORNIA STATE TEACHER’S RETIREMENT SYSTEM
|
|||
By:
|
/s/ April Wilcox | ||
Name: April Wilcox | |||
Title: Director of Investment Operations |
Nature of Transaction
|
Date of
Purchase |
Amount of
Securities
Purchased/(Sold)
|
Price Per Security ($)
|
Sale of Common Stock
|
10/07/2019
|
(60)
|
$54.1846
|
Sale of Common Stock 1
|
10/07/2019
|
(9,700)
|
$50.0000
|
Sale of Common Stock 1
|
10/17/2019
|
(28,700)
|
$50.0000
|
Sale of Common Stock 1
|
10/18/2019
|
(133,400)
|
$50.0000
|
Sale of Common Stock 1
|
10/18/2019
|
(331,300)
|
$52.5000
|
Sale of Common Stock 1
|
10/18/2019
|
(377,500)
|
$53.5000
|
Sale of Common Stock
|
10/07/2019
|
(81)
|
$54.1846
|
Sale of Common Stock 1
|
10/17/2019
|
(8,300)
|
$50.0000
|
Sale of Common Stock 1
|
10/18/2019
|
(16,100)
|
$52.5000
|
Sale of Common Stock 1
|
10/18/2019
|
(18,300)
|
$53.5000
|
Sale of Common Stock
|
10/07/2019
|
(45)
|
$54.1846
|
Sale of Common Stock 1
|
10/17/2019
|
(45,400)
|
$50.0000
|
Sale of Common Stock 1
|
10/18/2019
|
(111,200)
|
$50.0000
|
Sale of Common Stock 1
|
10/18/2019
|
(301,800)
|
$52.5000
|
Sale of Common Stock 1
|
10/18/2019
|
(344,100)
|
$53.5000
|