0001172661-18-000937.txt : 20180410 0001172661-18-000937.hdr.sgml : 20180410 20180410160049 ACCESSION NUMBER: 0001172661-18-000937 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180410 DATE AS OF CHANGE: 20180410 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FAIRMOUNT SANTROL HOLDINGS INC. CENTRAL INDEX KEY: 0001010858 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-88524 FILM NUMBER: 18748038 BUSINESS ADDRESS: STREET 1: 8834 MAYFIELD ROAD CITY: CHESTERLAND STATE: OH ZIP: 44026 BUSINESS PHONE: 800-255-7263 MAIL ADDRESS: STREET 1: 8834 MAYFIELD ROAD CITY: CHESTERLAND STATE: OH ZIP: 44026 FORMER COMPANY: FORMER CONFORMED NAME: FMSA HOLDINGS INC DATE OF NAME CHANGE: 20140818 FORMER COMPANY: FORMER CONFORMED NAME: FML HOLDINGS INC DATE OF NAME CHANGE: 19960318 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SailingStone Capital Partners LLC CENTRAL INDEX KEY: 0001608904 IRS NUMBER: 464114066 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: ONE CALIFORNIA STREET STREET 2: 30TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: (415) 429-5178 MAIL ADDRESS: STREET 1: ONE CALIFORNIA STREET STREET 2: 30TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94111 SC 13G 1 fmsa033118.htm 13G



 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. )*



Fairmount Santrol Holdings Inc.

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

30555Q108

(CUSIP Number)

 

 

March 31, 2018
(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

x Rule 13d-1(b)

o 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.  30555Q108
 SCHEDULE 13G
Page 2 of 10 Pages

 

         
1
NAME OF REPORTING PERSONS
 
SailingStone Capital Partners LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, USA
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
26,519,627
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
26,519,627
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
26,519,627
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
11.8%
12
TYPE OF REPORTING PERSON
 
IA

 

 


 

CUSIP No.  30555Q108
 SCHEDULE 13G
Page 3 of 10 Pages

 

         
1
NAME OF REPORTING PERSONS
 
SailingStone Holdings LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, USA
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
26,519,627
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
26,519,627
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
26,519,627
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
11.8%
12
TYPE OF REPORTING PERSON
 
HC, CO

 

 


 

CUSIP No.  30555Q108
 SCHEDULE 13G
Page 4 of 10 Pages

 

         
1
NAME OF REPORTING PERSONS
 
MacKenzie B. Davis
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
 
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
 
26,519,627
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
26,519,627
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
26,519,627
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
11.8%
12
TYPE OF REPORTING PERSON
 
HC, IN

 

 


 

CUSIP No.  30555Q108
 SCHEDULE 13G
Page 5 of 10 Pages

 

         
1
NAME OF REPORTING PERSONS
 
Kenneth L. Settles Jr.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
 
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
 
26,519,627
7
SOLE DISPOSITIVE POWER
 
 0
8
SHARED DISPOSITIVE POWER
 
26,519,627
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
26,519,627
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
11.8%
12
TYPE OF REPORTING PERSON
 
HC, IN

 

 
 

 

CUSIP No.   30555Q108
 SCHEDULE 13G
Page 6 of 10 Pages

 

Item 1.(a) Name of Issuer

Fairmount Santrol Holdings Inc. (the "Company")

(b) Address of Issuer’s Principal Executive Offices

8834 Mayfield Road

Chesterland, Ohio 44026

Item 2.(a) Name of Person Filing
(b) Address of Principal Business Office, or, if none, Residence
(c) Citizenship

SailingStone Capital Partners LLC (“SailingStone”)

One California Street, 30th Floor

San Francisco, CA 94111

Delaware

SailingStone Holdings LLC (“SailingStone Holdings”)

One California Street, 30th Floor

San Francisco, CA 94111

Delaware

MacKenzie B. Davis (“Davis”)

One California Street, 30th Floor

San Francisco, CA 94111

United States

Kenneth L. Settles Jr. (“Settles”)

One California Street, 30th Floor

San Francisco, CA 94111

United States

 (d) Title of Class of Securities

Common Stock (the "Common Stock")

 (e) CUSIP No.:

 30555Q108

 
 

 

CUSIP No.  30555Q108
 SCHEDULE 13G
Page 7 of 10 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 a:

  (a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
 
  (b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
 
  (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
 
  (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
 
  (e) x An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
 
  (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
 
  (g) x A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
 
  (h) ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
  (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
 
  (j) ¨ A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
 
  (k) ¨ A group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:                            
       

 

 
 

 

CUSIP No. 30555Q108
 SCHEDULE 13G
Page 8 of 10 Pages

 

 

Item 4. Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

SailingStone

(a) Amount beneficially owned: 26,519,627

(b) Percent of class: 11.8%

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

(i) Sole power to vote or to direct the vote: 26,519,627

(ii) Shared power to vote or to direct the vote: 0

(iii) Sole power to dispose or to direct the disposition of: 26,519,627

(iv) Shared power to dispose or to direct the disposition of: 0 

SailingStone Holdings, Davis and Settles

(a) Amount beneficially owned: 26,519,627

(b) Percent of class: 11.8%

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

(i) Sole power to vote or to direct the vote: 0

(ii) Shared power to vote or to direct the vote: 26,519,627

(iii) Sole power to dispose or to direct the disposition of: 0

(iv) Shared power to dispose or to direct the disposition of: 26,519,627

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 [ ].

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

 

Not Applicable

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 acquired and are held in the ordinary course of business and 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.  30555Q108
 SCHEDULE 13G
Page 9 of 10 Pages

 

 

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.

 

Date: April 10, 2018

 

 

SailingStone Capital Partners LLC
       
  By:   /s/ Kathlyne Kiaie
    Name:   Kathlyne Kiaie
    Title:  Chief Compliance Officer
       
SailingStone Holdings LLC
       
  By:   /s/ MacKenzie B. Davis
    Name:   MacKenzie B. Davis
    Title:  Managing Member
       
MacKenzie B. Davis
       
  By:   /s/ MacKenzie B. Davis
    Name:    MacKenzie B. Davis
       
Kenneth L. Settles Jr.
       
  By:   /s/ Kenneth L. Settles Jr.
    Name:    Kenneth L. Settles Jr.
       

 
CUSIP No.  30555Q108
 SCHEDULE 13G
Page 10 of 10 Pages

 

 

Exhibit 1

 

WHEREAS, in accordance with Rule 13d-1(k)(1) under the Securities and Exchange Act of 1934 (the "Act"), only one joint Statement and any amendments thereto need to be filed whenever one or more persons are required to file such a Statement or any amendments thereto pursuant to Section 13(d) of the Act with respect to the same securities, provided that said persons agree in writing that such Statement or amendments thereto is filed on behalf of each of them;

NOW, THEREFORE, the parties hereto agree as follows: SailingStone Capital Partners LLC, SailingStone Holdings LLC, MacKenzie B. Davis, and Kenneth L. Settles Jr., do hereby agree, in accordance with Rule 13d-1(k)(1) under the Act, to file a Statement on Schedule 13G relating to their ownership of the Common Stock of the Issuer, and do hereby further agree that said Statement on Schedule 13G shall be filed on behalf of each of them.

 

Date: April 10, 2018

 

 

SailingStone Capital Partners LLC
       
  By:   /s/ Kathlyne Kiaie
    Name:   Kathlyne Kiaie
    Title:  Chief Compliance Officer
       
SailingStone Holdings LLC
       
  By:   /s/ MacKenzie B. Davis
    Name:   MacKenzie B. Davis
    Title:  Managing Member
       
MacKenzie B. Davis
       
  By:   /s/ MacKenzie B. Davis
    Name:    MacKenzie B. Davis
       
Kenneth L. Settles Jr.
       
  By:   /s/ Kenneth L. Settles Jr.
    Name:    Kenneth L. Settles Jr.