0001104659-17-009357.txt : 20170214 0001104659-17-009357.hdr.sgml : 20170214 20170214172352 ACCESSION NUMBER: 0001104659-17-009357 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20170214 DATE AS OF CHANGE: 20170214 GROUP MEMBERS: SPH GRD HOLDINGS, LLC GROUP MEMBERS: STARR INVESTMENT FUND II, LLC GROUP MEMBERS: STARR INVESTMENT HOLDINGS, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: At Home Group Inc. CENTRAL INDEX KEY: 0001646228 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-HOME FURNITURE, FURNISHINGS & EQUIPMENT STORES [5700] IRS NUMBER: 453229563 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-89876 FILM NUMBER: 17610503 BUSINESS ADDRESS: STREET 1: AT HOME GROUP INC. STREET 2: 1600 EAST PLANO PARKWAY CITY: PLANO STATE: TX ZIP: 75074 BUSINESS PHONE: (972) 265-6227 MAIL ADDRESS: STREET 1: 1600 EAST PLANO PARKWAY CITY: PLANO STATE: TX ZIP: 75074 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Clark Geoffrey G. CENTRAL INDEX KEY: 0001680494 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: C/O STARR INVESTMENT HOLDINGS, LLC STREET 2: 399 PARK AVENUE, 17TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G 1 a17-4447_1sc13g.htm SC 13G

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No.     )*

 

AT HOME GROUP INC.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

04650Y 100

(CUSIP Number)

December 31, 2016

(Date of Event Which Requires Filing of this Statement)

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

o

Rule 13d-1(b)

o

Rule 13d-1(c)

x

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. 04650Y100

13G

 

 

 

1

Names of Reporting Persons
GEOFFREY G. CLARK

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

x

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
New York

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
23,226,613 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
23,226,613 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
23,226,613 (1)

 

 

10

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

 

 

11

Percent of Class Represented by Amount in Row (9)
38.5% (2)

 

 

12

Type of Reporting Person (See Instructions)
IN

 


(1)         See Item 4 below.

(2)         Based on 60,366,768 shares of common stock outstanding as of December 5, 2016 as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended October 29, 2016, filed with the SEC on December 6, 2016.

 

2



 

CUSIP No. 04650Y100

13G

 

 

 

1

Names of Reporting Persons
SPH GRD Holdings, LLC

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

x

 

 

(b)

o

 

 

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
13,614,809 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
13,614,809 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
13,614,809 (1)

 

 

10

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

 

 

11

Percent of Class Represented by Amount in Row (9)
22.6% (2)

 

 

12

Type of Reporting Person (See Instructions)
IA

 


(1)         See Item 4 below.

(2)         Based on 60,366,768 shares of common stock outstanding as of December 5, 2016 as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended October 29, 2016, filed with the SEC on December 6, 2016.

 

3



 

CUSIP No. 04650Y100

13G

 

 

 

1

Names of Reporting Persons
Starr Investment Fund II, LLC

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

x

 

 

(b)

o

 

 

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
9,611,804 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
9,611,804 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
9,611,804 (1)

 

 

10

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

 

 

11

Percent of Class Represented by Amount in Row (9)
15.9% (2)

 

 

12

Type of Reporting Person (See Instructions)
IA

 


(1)         See Item 4 below.

(2)         Based on 60,366,768 shares of common stock outstanding as of December 5, 2016 as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended October 29, 2016, filed with the SEC on December 6, 2016.

 

4



 

CUSIP No. 04650Y100

13G

 

 

 

1

Names of Reporting Persons
Starr Investment Holdings, LLC

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

x

 

 

(b)

o

 

 

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
23,226,613 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
23,226,613 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
23,226,613 (1)

 

 

10

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

 

 

11

Percent of Class Represented by Amount in Row (9)
38.5% (2)

 

 

12

Type of Reporting Person (See Instructions)
IA

 


(1)         See Item 4 below.

(2)         Based on 60,366,768 shares of common stock outstanding as of December 5, 2016 as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended October 29, 2016, filed with the SEC on December 6, 2016.

 

5



 

Item 1 (a).

Name of Issuer:
At Home Group Inc.

Item 1 (b).

Address of Issuer’s Principal Executive Offices:
1600 East Plano Parkway, Plano, Texas 75074, USA

 

Item 2 (a).

Name of Person Filing:
This Schedule 13G is being filed on behalf of the following persons (collectively, the “Reporting Persons”):*

 

(i)             Geoffrey G. Clark;

(ii)          SPH GRD Holdings, LLC;

(iii)       Starr Investment Fund II, LLC;

(iv)      Starr Investment Holdings, LLC.

 

The Reporting Persons have entered into a joint filing agreement, dated as of February 14, 2017, a copy of which is filed with this Schedule 13G as Exhibit 99.1, pursuant to which such Reporting Persons have agreed to file this statement jointly in accordance with the provisions of 13d-1(k)(1) under the Securities Act of 1934.

 


 

*Neither the present filing nor anything contained herein shall be construed as an admission that two or more Reporting Persons constitute a “person” for any purposes other than Section 13(d) of the Securities Exchange Act of 1934, as amended.

Item 2 (b).

Address of Principal Business Office or, if none, Residence:
The address for each of:

 

Geoffrey G. Clark

SPH GRD Holdings, LLC

Starr Investment Fund II, LLC

Starr Investment Holdings, LLC

 

is 399 Park Avenue, 17th Floor, New York, NY 10022, USA

Item 2 (c).

Citizenship:
Citizenship is set forth in Row 4 of the cover page for each of the Reporting Persons and is incorporated herein by reference for each of the Reporting Persons.

Item 2 (d).

Title of Class of Securities:
Common Stock, par value $0.01 per share.

Item 2 (e).

CUSIP Number:
04650Y100

 

Item 3.

 

Not applicable as this Schedule 13G is filed pursuant to Rule 13d-1(d) under the Securities Exchange Act of 1934.

 

6



 

Item 4.

Ownership:

The information required by Items 4(a)-4(c) is set forth in Rows 5-11 of the cover page for each of the Reporting Persons and is incorporated herein by reference for each of the Reporting Persons.  As of the date of this report, each of the Reporting Persons beneficially owned the number and percentage of issued and outstanding shares of common stock of At Home Group Inc. (the “Company”) listed opposite its or his name:

 

Reporting Person

 

Number of Shares Beneficially
Owned

 

Percent of Class (a)

 

 

 

 

 

 

 

Geoffrey G. Clark

 

23,226,613

(b)

38.5

%

SPH GRD Holdings, LLC

 

13,614,809

(c)

22.6

%

Starr Investment Fund II, LLC

 

9,611,804

(d)

15.9

%

Starr Investment Holdings, LLC

 

23,226,613

(e)

38.5

%

 


(a)              Based on 60,366,768 shares of common stock outstanding as of December 5, 2016 as reported in the Company’s Quarterly Report on Form 10-Q for the quarter ended October 29, 2016, filed with the SEC on December 6, 2016.

 

(b)              Mr. Geoffrey G. Clark is the Senior Managing Director of Starr Investment Holdings, LLC.  Mr. Clark may be deemed to have voting power and dispositive power with respect to shares of the shares of the Company’s common stock that are beneficially owned by Starr Investment Holdings, LLC, but Mr. Clark disclaims beneficial ownership of such shares.

 

(c)               SPH GRD Holdings, LLC is the direct stockholder of the shares, which are beneficially owned by Starr Investment Holdings, LLC.  SPH GRD Acquisition Partners, LLC, which is controlled by Starr Investment Holdings, LLC, is the sole owner of SPH GRD Holdings, LLC. Geoffrey G. Clark may be deemed to have voting power and dispositive power with respect to shares of the Company’s common stock that are beneficially owned by Starr Investment Holdings, LLC, but Mr. Clark disclaims beneficial ownership of such shares.

 

(d)              Starr Investment Fund II, LLC is the direct stockholder of the shares, which are beneficially owned by Starr Investment Holdings, LLC.  Geoffrey G. Clark may be deemed to have voting power and dispositive power with respect to shares of the Company’s common stock that are beneficially owned by Starr Investment Holdings, LLC, but Mr. Clark disclaims beneficial ownership of such shares.

 

(e)               SPH GRD Holdings, LLC and Starr Investment Fund II, LLC are the direct stockholders of the shares, which are beneficially owned by Starr Investment Holdings, LLC.  Geoffrey G. Clark may be deemed to have voting power and dispositive power with respect to shares of the Company’s common stock that are beneficially owned by Starr Investment Holdings, LLC, but Mr. Clark disclaims beneficial ownership of such shares.

 

7



 

Item 5.

Ownership of Five Percent or Less of a Class:

Not applicable.

 

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:

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group:

Each of Starr Investment Fund II, LLC (“Starr II”) and SPH GRD Holdings, LLC (“Starr” and, together with Starr II, the “Starr Funds”) is a party to a Second Amended and Restated Stockholders’ Agreement, dated as of July 22, 2016 (the “Stockholders Agreement”), among the Company, GRD Holding LP (“GRD Holding”), GRD Holding-A LP (“GRD Holding-A”) and GRD Holding AEA LLC (“GRD Holding AEA” and, together with GRD Holding and GRD Holding-A, the “AEA Funds”).  The Stockholders Agreement contains, among other things, certain restrictions on the ability of the AEA Funds and Starr Funds to freely transfer shares of the Company’s stock, and further provides that, for a period of two years following the initial public offering of the Company, subject to certain exceptions, Starr II will agree to vote or cause to be voted the 9,611,804 shares of the Company’s common stock held of record by Starr II as of the date hereof on all matters presented to the stockholders in the same manner that the AEA Funds vote on such matters. As a result of such agreement, the AEA Funds may be deemed to have or share voting power over the 9,611,804 shares held of record by Starr II, however the AEA Funds disclaim beneficial ownership of such shares.

 

The Stockholders Agreement also provides that, for so long as each of the AEA Funds, on the one hand, and Starr, on the other hand, respectively in the aggregate own at least 10% of the Company’s outstanding common stock, each of the AEA Funds and Starr are entitled to nominate at least one individual for election to the Company’s board.  The AEA Funds and the Starr Funds have agreed pursuant to the Stockholders Agreement to vote all of their respective shares to elect such individuals to the Company’s board. As a result of such agreement, the Starr Funds may be deemed to have or share voting power over the 20,890,234 shares held of record by GRD Holding, the 2,008,050 shares held of record by GRD Holding-A, and the 4,457,648 shares held of record by GRD Holding AEA however the Starr Funds disclaim beneficial ownership of such shares.

 

The aggregate number of shares of common stock beneficially owned collectively by the AEA Funds and Starr Funds, based on available information, is approximately 50,582,545 shares, which represents approximately 83.79% of the outstanding common stock of the Company. The Starr Funds disclaim beneficial ownership of any shares of common stock held by the AEA Funds.

 

Item 9.

Notice of Dissolution of Group:

Not applicable.

 

8



 

Item 10. Certification:

 

Not applicable.

 

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.

 

Date:  February 14, 2017

 

 

GEOFFREY G. CLARK

 

 

 

 

 

By:

/s/ Geoffrey G. Clark

 

 

Name:

Geoffrey G. Clark

 

 

Title:

Director

 

 

 

 

 

SPH GRD HOLDINGS, LLC

 

By: Starr Investment Holdings, LLC, its managing member

 

 

 

 

 

By:

/s/ Geoffrey G. Clark

 

 

Name:

Geoffrey G. Clark

 

 

Title:

Senior Managing Director

 

 

 

 

 

STARR INVESTMENT FUND II, LLC

 

 

 

 

 

By:

/s/ Geoffrey G. Clark

 

 

Name:

Geoffrey G. Clark

 

 

Title:

President

 

 

 

 

 

STARR INVESTMENT HOLDINGS, LLC

 

 

 

 

 

By:

/s/ Geoffrey G. Clark

 

 

Name:

Geoffrey G. Clark

 

 

Title:

Senior Managing Director

 

9



 

INDEX TO EXHIBITS

 

Exhibit No. 

 

Exhibit

99.1

 

Joint Filing Agreement

 

10


 

 

 

 

EX-99.1 2 a17-4447_1ex99d1.htm EX-99.1

EXHIBIT (99.1)

 

JOINT FILING AGREEMENT

 

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including any and all amendments thereto) with respect to the Common Stock, $0.01 par value, of At Home Group Inc. and further agree to the filing of this agreement to be included as an exhibit to such filing.  In addition, each party to this agreement expressly authorizes each other party to this agreement to file on its behalf any and all amendments to such statement on Schedule 13G. Each party to this agreement agrees that this joint filing agreement may be signed in counterparts.

 

Date:  February 14, 2017

 

 

GEOFFREY G. CLARK

 

 

 

 

 

By:

/s/ Geoffrey G. Clark

 

 

Name:

Geoffrey G. Clark

 

 

Title:

Director

 

 

 

 

 

SPH GRD HOLDINGS, LLC

 

By: Starr Investment Holdings, LLC, its managing member

 

 

 

 

 

By:

/s/ Geoffrey G. Clark

 

 

Name:

Geoffrey G. Clark

 

 

Title:

Senior Managing Director

 

 

 

 

 

STARR INVESTMENT FUND II, LLC

 

 

 

 

 

By:

/s/ Geoffrey G. Clark

 

 

Name:

Geoffrey G. Clark

 

 

Title:

President

 

 

 

 

 

STARR INVESTMENT HOLDINGS, LLC

 

 

 

 

 

By:

/s/ Geoffrey G. Clark

 

 

Name:

Geoffrey G. Clark

 

 

Title:

Senior Managing Director