0001144204-17-007933.txt : 20170213 0001144204-17-007933.hdr.sgml : 20170213 20170213163028 ACCESSION NUMBER: 0001144204-17-007933 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20170213 DATE AS OF CHANGE: 20170213 GROUP MEMBERS: HARRY L. YOU GROUP MEMBERS: JOSEPH M. TUCCI GROUP MEMBERS: WILLIAM D. GREEN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GTY Technology Holdings Inc. CENTRAL INDEX KEY: 0001682325 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-89690 FILM NUMBER: 17599604 BUSINESS ADDRESS: STREET 1: 1180 NORTH TOWN CENTER DRIVE, STREET 2: SUITE 100 CITY: LAS VEGAS STATE: NV ZIP: 89144 BUSINESS PHONE: (702) 945-2700 MAIL ADDRESS: STREET 1: 1180 NORTH TOWN CENTER DRIVE, STREET 2: SUITE 100 CITY: LAS VEGAS STATE: NV ZIP: 89144 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GTY Investors, LLC CENTRAL INDEX KEY: 0001682342 IRS NUMBER: 000000000 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 200 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10166 BUSINESS PHONE: (212) 294-6700 MAIL ADDRESS: STREET 1: 200 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10166 SC 13G 1 v459304_sc13g.htm SCHEDULE 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION


Washington, D.C. 20549

 

SCHEDULE 13G

 

(Amendment No. )*

 

Under the Securities Exchange Act of 1934

 

GTY Technology Holdings Inc.

(Name of Issuer)

 

  Class A Ordinary Shares, par value $0.0001 per share 

(Titles of Class of Securities)

 

G4182A102

(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:

 

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out of 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 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, as amended (the “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. G4182A102 Schedule 13G  
1

NAME OF REPORTING PERSON 

 

GTY Investors, LLC  

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(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

 

13,680,000 (1)(2)(3)

7

SOLE DISPOSITIVE POWER

 

- 0 -

8

SHARED DISPOSITIVE POWER

 

13,680,000 (1)(2)(3)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

13,680,000 (1)(2)(3) 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

19.8% (4)

12

TYPE OF REPORTING PERSON 

 

OO 

 

(1) The securities are held directly by GTY Investors, LLC (“GTY Investors”) and indirectly by William D. Green, Joseph M. Tucci and Harry L. You, who are the managers and, individually and pursuant to trusts and limited liability companies, are among the members of GTY Investors and share voting and dispositive power over the securities held directly by GTY Investors. As a result, each of GTY Investors and Messrs. Green, Tucci and You may be deemed to have or share beneficial ownership of the securities held directly by GTY Investors. Each of GTY Investors and Messrs. Green, Tucci and You disclaim beneficial ownership of such securities except to the extent of their respective pecuniary interest therein.

 

(2) GTY Investors owns 13,680,000 Class B Ordinary Shares of the Issuer, which are convertible for the Issuer’s Class A Ordinary Shares as described under the heading “Description of Securities – Founder Shares” in the Issuer’s registration statement on Form S-1 (File No. 333-213809) and have no expiration date.

 

(3) Excludes 8,693,334 Class A Ordinary Shares issuable upon the exercise of 8,693,334 private placement warrants of the Issuer. Each warrant is exercisable to purchase one Class A ordinary share at $11.50 per share, subject to adjustment, becomes exercisable beginning on the later of November 1, 2017 or 30 days after the completion of the Issuer’s initial business combination and expires five years after the completion of the Issuer’s initial business combination or earlier upon redemption or liquidation, each as is described under the heading “Description of Securities--Warrants” in the Issuer’s registration statement on Form S-1 (File No. 333-213809).

 

(4) Based on 55,200,000 Class A Ordinary Shares and 13,800,000 Class B Ordinary Shares outstanding as of December 12, 2016, as reported by the Issuer in its quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission on December 12, 2016.

 

 

 

  

CUSIP No. G4182A102 Schedule 13G  
1

NAME OF REPORTING PERSON 

 

William D. Green  

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(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

 

13,680,000 (1)(2)(3)

7

SOLE DISPOSITIVE POWER

 

- 0 -

8

SHARED DISPOSITIVE POWER

 

13,680,000 (1)(2)(3)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

13,680,000 (1)(2)(3)

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨ 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

19.8% (3)(4)

12

TYPE OF REPORTING PERSON 

 

IN 

 

(1) The securities are held directly by GTY Investors and indirectly by William D. Green, Joseph M. Tucci and Harry L. You, who are the managers and, individually and pursuant to trusts and limited liability companies, are among the members of GTY Investors and share voting and dispositive power over the securities held directly by GTY Investors. As a result, each of GTY Investors and Messrs. Green, Tucci and You may be deemed to have or share beneficial ownership of the securities held directly by GTY Investors. Each of GTY Investors and Messrs. Green, Tucci and You disclaim beneficial ownership of such securities except to the extent of their respective pecuniary interest therein.

 

(2) GTY Investors owns 13,680,000 Class B Ordinary Shares of the Issuer, which are convertible for the Issuer’s Class A Ordinary Shares as described under the heading “Description of Securities – Founder Shares” in the Issuer’s registration statement on Form S-1 (File No. 333-213809) and have no expiration date.

 

(3) Excludes 8,693,334 Class A Ordinary Shares issuable upon the exercise of 8,693,334 private placement warrants of the Issuer. Each warrant is exercisable to purchase one Class A ordinary share at $11.50 per share, subject to adjustment, becomes exercisable beginning on the later of November 1, 2017 or 30 days after the completion of the Issuer’s initial business combination and expires five years after the completion of the Issuer’s initial business combination or earlier upon redemption or liquidation, each as is described under the heading “Description of Securities--Warrants” in the Issuer’s registration statement on Form S-1 (File No. 333-213809).

 

(4) Based on 55,200,000 Class A Ordinary Shares and 13,800,000 Class B Ordinary Shares outstanding as of December 12, 2016, as reported by the Issuer in its quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission on December 12, 2016.

 

 

 

  

CUSIP No. G4182A102 Schedule 13G  
1

NAME OF REPORTING PERSON 

 

Joseph M. Tucci 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(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

 

13,680,000 (1)(2)(3)

7

SOLE DISPOSITIVE POWER

 

- 0 -

8

SHARED DISPOSITIVE POWER

 

13,680,000 (1)(2)(3)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

13,680,000 (1)(2)(3)

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 ¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

19.8% (4)

12

TYPE OF REPORTING PERSON 

 

IN 

 

(1) The securities are held directly by GTY Investors and indirectly by William D. Green, Joseph M. Tucci and Harry L. You, who are the managers and, individually and pursuant to trusts and limited liability companies, are among the members of GTY Investors and share voting and dispositive power over the securities held directly by GTY Investors. As a result, each of GTY Investors and Messrs. Green, Tucci and You may be deemed to have or share beneficial ownership of the securities held directly by GTY Investors. Each of GTY Investors and Messrs. Green, Tucci and You disclaim beneficial ownership of such securities except to the extent of their respective pecuniary interest therein.

 

(2) GTY Investors owns 13,680,000 Class B Ordinary Shares of the Issuer, which are convertible for the Issuer’s Class A Ordinary Shares as described under the heading “Description of Securities – Founder Shares” in the Issuer’s registration statement on Form S-1 (File No. 333-213809) and have no expiration date.

 

(3) Excludes 8,693,334 Class A Ordinary Shares issuable upon the exercise of 8,693,334 private placement warrants of the Issuer. Each warrant is exercisable to purchase one Class A ordinary share at $11.50 per share, subject to adjustment, becomes exercisable beginning on the later of November 1, 2017 or 30 days after the completion of the Issuer’s initial business combination and expires five years after the completion of the Issuer’s initial business combination or earlier upon redemption or liquidation, each as is described under the heading “Description of Securities--Warrants” in the Issuer’s registration statement on Form S-1 (File No. 333-213809).

 

(4) Based on 55,200,000 Class A Ordinary Shares and 13,800,000 Class B Ordinary Shares outstanding as of December 12, 2016, as reported by the Issuer in its quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission on December 12, 2016.

 

 

 

  

CUSIP No. G4182A102 Schedule 13G  
1

NAME OF REPORTING PERSON 

 

Harry L. You 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(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

 

13,680,000 (1)(2)(3)

7

SOLE DISPOSITIVE POWER

 

- 0 -

8

SHARED DISPOSITIVE POWER

 

13,680,000 (1)(2)(3)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

13,680,000 (1)(2)(3)

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨ 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

19.8% (4)

12

TYPE OF REPORTING PERSON 

 

IN 

 

(1) The securities are held directly by GTY Investors and indirectly by William D. Green, Joseph M. Tucci and Harry L. You, who are the managers and, individually and pursuant to trusts and limited liability companies, are among the members of GTY Investors and share voting and dispositive power over the securities held directly by GTY Investors. As a result, each of GTY Investors and Messrs. Green, Tucci and You may be deemed to have or share beneficial ownership of the securities held directly by GTY Investors. Each of GTY Investors and Messrs. Green, Tucci and You disclaim beneficial ownership of such securities except to the extent of their respective pecuniary interest therein.

 

(2) GTY Investors owns 13,680,000 Class B Ordinary Shares of the Issuer, which are convertible for the Issuer’s Class A Ordinary Shares as described under the heading “Description of Securities – Founder Shares” in the Issuer’s registration statement on Form S-1 (File No. 333-213809) and have no expiration date.

 

(3) Excludes 8,693,334 Class A Ordinary Shares issuable upon the exercise of 8,693,334 private placement warrants of the Issuer. Each warrant is exercisable to purchase one Class A ordinary share at $11.50 per share, subject to adjustment, becomes exercisable beginning on the later of November 1, 2017 or 30 days after the completion of the Issuer’s initial business combination and expires five years after the completion of the Issuer’s initial business combination or earlier upon redemption or liquidation, each as is described under the heading “Description of Securities--Warrants” in the Issuer’s registration statement on Form S-1 (File No. 333-213809).

 

(4) Based on 55,200,000 Class A Ordinary Shares and 13,800,000 Class B Ordinary Shares outstanding as of December 12, 2016, as reported by the Issuer in its quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission on December 12, 2016.

 

 

 

 

Item 1(a). Name of Issuer:

 

GTY Technology Holdings Inc.

 

Item 1(b). Address of Issuer’s Principal Executive Offices:

 

1180 North Town Center Drive, Suite 100

Las Vegas, Nevada 89144

 

Item 2(a). Name of Person Filing:

 

This statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):

  1. GTY Investors, LLC
  2. William D. Green
  3. Joseph M. Tucci
  4. Harry L. You

 

Item 2(b). Address of Principal Business Office or, if none, Residence:

 

The principal business address of each of the Reporting Persons is as follows:

 

1180 North Town Center Drive, Suite 100

Las Vegas, Nevada 89144

 

Item 2(c). Citizenship:

 

See responses to Item 4 on each cover page.

 

Item 2(d). Titles of Classes of Securities:

 

Class A Ordinary Shares, par value $0.0001 per share.

 

Item 2(e). CUSIP Number:

 

G4182A102

 

Item 3.

If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a(n):

 

  (a) ¨ Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78o).
       
  (b) ¨ Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c).
       
  (c) ¨ Insurance company as defined in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c).
       
  (d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
       
  (e) ¨ Investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
       
  (f) ¨ Employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
       
  (g) ¨ Parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
       
  (h) ¨ Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
       
  (i) ¨ 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) ¨ Non-U.S. institution, in accordance with § 240.13d-1(b)(1)(ii)(J).
       
  (k) ¨ 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: ______________ .

  

Item 4. Ownership 

  

  (a) Amount beneficially owned:

 

See responses to Item 9 on each cover page.

 

  (b) Percent of class:

 

See responses to Item 11 on each cover page.

 

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

 

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

 

See responses to Item 5 on each cover page.

 

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

 

See responses to Item 6 on each cover page.

 

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

 

See responses to Item 7 on each cover page.

 

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

 

See responses to Item 8 on each cover page.

 

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 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. 

 

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.  

 

Not Applicable.

 

 

 

 

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: February 13, 2017

 

  GTY Investors, LLC
     
  By: /s/ Harry L. You
  Name: Harry L. You
  Title: Manager
     
     
  William D. Green
   
  By: /s/ William D. Green
  Name: William D. Green
     
     
  Joseph M. Tucci
   
  By: /s/ Joseph M. Tucci
  Name: Joseph M. Tucci
     
     
  Harry L. You
   
  By: /s/ Harry L. You
  Name: Harry L. You

  

 

 

 

Exhibit Index

 

Exhibit No.   Description
     
Exhibit 1   Joint Filing Agreement, dated as of February 13, 2017, by and among GTY Investors, LLC, William D. Green, Joseph M. Tucci and Harry L. You.

  

 

 

EX-99.1 2 v459304_ex99-1.htm EXHIBIT 99.1

 

Exhibit 1

 

JOINT FILING AGREEMENT

 

This joint filing agreement (this “Agreement”) is made and entered into as of this 13th day of February 2017, by and among GTY Investors, LLC, William D. Green, Joseph M. Green and Harry L. You.

 

The parties to this Agreement hereby acknowledge and agree that the foregoing statement on Schedule 13G in respect of the Class A Ordinary Shares, $0.0001 par value per share, of GTY Technology Holdings Inc. is filed on behalf of each of the parties to this Agreement and that all subsequent amendments to this statement on Schedule 13G may be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The parties to this Agreement acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein or therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. 

 

This agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument.

 

 

[Signature Page Follows]

 

 

 

 

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first set forth above.

 

  GTY Investors, LLC
     
  By: /s/ Harry L. You
  Name: Harry L. You
  Title: Manager
     
     
  William D. Green
   
  By: /s/ William D. Green
  Name: William D. Green
     
     
  Joseph M. Tucci
   
  By: /s/ Joseph M. Tucci
  Name: Joseph M. Tucci
     
     
  Harry L. You
   
  By: /s/ Harry L. You
  Name: Harry L. You