Washington, D.C. 20549
(Amendment No. 4)*
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 ☐.
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).
This Amendment No. 4 to Schedule 13D ("Amendment No. 4"), which amends and supplements the statement on Schedule 13D, dated October 8, 2009, as amended and supplemented by Amendment No. 1 thereto dated October 8, 2013, Amendment No. 2 thereto dated January 14, 2016, and Amendment No. 3 thereto dated August 17, 2016 (as amended, the "Schedule 13D"), is being filed with the Securities and Exchange Commission by Mr. Ronald O. Perelman, MacAndrews & Forbes Incorporated, a Delaware corporation ("MacAndrews & Forbes"), REV Holdings LLC, a Delaware limited liability company, Mafco Four LLC, a Delaware limited liability company, MFV Holdings One LLC, a Delaware limited liability company, RCH Holdings One Inc., a Delaware corporation, SGMS Acquisition Two LLC, a Delaware limited liability company, DBX Holdings One LLC, a Delaware limited liability company, NDX Holdings One LLC, a Delaware limited liability company, MacAndrews & Forbes Group, LLC, a Delaware limited liability company, SGMS Acquisition III LLC, a Delaware limited liability company, Perelman Trust Company, LLC, a Delaware limited liability company, RLX Holdings One LLC, a Delaware limited liability company, RLX Holdings Two LLC, a Delaware limited liability company, RLX Holdings Three LLC, a Delaware limited liability company and RLX Holdings Four LLC, a Delaware limited liability company (each of the foregoing, a "Reporting Person," and collectively, the "MacAndrews & Forbes Reporting Persons") relating to the shares of Class A Common Stock, par value $0.01 per share ("Class A Common Stock"), of Revlon, Inc., a Delaware corporation (the "Company").
Capitalized terms used herein shall have the meanings ascribed to them in the Schedule 13D unless otherwise defined herein.
Item 2. Identity and Background
Schedule A of the Schedule 13D is hereby amended with the information attached as Schedule A hereto which (i) amends and restates the information provided with respect to MacAndrews & Forbes and (ii) provides information regarding the identity and background of SGMS Acquisition III LLC.
Item 3. Source and Amount of Funds or Other Consideration
The information contained in Item 3 of the Schedule 13D is hereby amended and supplemented with the following information:
As described in more detail in Item 5(c) of this Schedule 13D, on May 8, 2017 and May 9, 2017, the MacAndrews & Forbes Reporting Persons effected open market purchases of 950,000 shares of Class A Common Stock for an aggregate purchase price of approximately $19,384,185, using cash on hand.
Item 5. Interest in Securities of the Issuer
Paragraphs (a)-(c) of Item 5 of the Schedule 13D are hereby amended and restated as follows:
(a)-(b) MacAndrews & Forbes, the sole stockholder of which is Ronald O. Perelman, directly or indirectly owns all the stock or membership interests, as applicable, of REV Holdings LLC, Mafco Four LLC, MFV Holdings One LLC, RCH Holdings One Inc., SGMS Acquisition Two LLC, DBX Holdings One LLC, NDX Holdings One LLC, MacAndrews & Forbes Group, LLC, SGMS Acquisition III LLC, RLX Holdings One LLC, RLX Holdings Two LLC, RLX Holdings Three LLC and RLX Holdings Four LLC, and all the voting interests of Perelman Trust Company, LLC.
Of the 41,619,640 shares of Class A Common Stock reported herein, (i) 37,058,030 shares of Class A Common Stock are owned by MacAndrews & Forbes or its wholly-owned subsidiaries; (ii) 4,546,352 shares of Class A Common Stock are owned by Perelman Trust Company, LLC, and (iii) 15,258 shares of Class A Common Stock are beneficially owned by Mr. Raymond G. Perelman. MacAndrews & Forbes may also be deemed to beneficially own the 15,258 shares of Class A Common Stock beneficially owned by Mr. Raymond G. Perelman because MacAndrews & Forbes holds an irrevocable voting proxy with respect to those shares. Those 15,258 shares are included in the totals reported, and on Items 8, 11 and 13 on the cover pages of this Schedule 13D for all of the Reporting Persons other than Perelman Trust Company, LLC.
The total ownership of the MacAndrews & Forbes Reporting Persons represents approximately 79.1% of all of the Company's outstanding Class A Common Stock, which is the only class of the Company's equity securities outstanding as of the date of this Amendment No. 4.
The responses of each Reporting Person to Items 7 through 11 of the cover pages of this Schedule 13D relating to beneficial ownership of the shares of Class A Common Stock are incorporated herein by reference.
(c) The following table sets forth all transactions with respect to shares of Class A Common Stock effected during the past sixty days. Except as otherwise noted below, all such transactions were purchases of shares of Class A Common Stock effected in the open market through a broker.
Person
|
Date
|
|
Amount of
Securities Acquired
|
|
|
Weighted Average Price (1)
|
|
|
Low Price (1)
|
|
|
High Price (1)
|
|
|
|
|
|
|
|
MacAndrews & Forbes Group, LLC
|
May 8, 2017
|
|
|
750,000
|
|
|
|
$20.3879
|
|
|
|
$19.675
|
|
|
|
$20.50
|
|
MacAndrews & Forbes Group, LLC
|
May 9, 2017
|
|
|
200,000
|
|
|
|
$20.4663
|
|
|
|
$20.10
|
|
|
|
$20.50
|
|
(1) Prices exclude commissions. The reporting person undertakes to provide upon request of the SEC staff full information regarding the number of shares purchased or sold at each separate price.
|
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
The information contained in Item 6 of the Schedule 13D is hereby amended and supplemented by adding the following information:
Pursuant to Rule 13d-1(k) promulgated under the Exchange Act, the MacAndrews & Forbes Reporting Persons have entered into an agreement on May 9, 2017, with respect to the joint filing of this Schedule 13D and any amendment or amendments hereto (the "Joint Filing Agreement"). The Joint Filing Agreement is attached hereto as Exhibit 1 and incorporated herein by reference.
Item 7. Material To Be Filed as Exhibits
Exhibit 1
|
Joint Filing Agreement, dated as of May 9, 2017, by and among the MacAndrews & Forbes Reporting Persons.
|
Schedule A Amendment
MacAndrews & Forbes Incorporated
The following table sets forth the name and present principal occupation or employment of each executive officer and director of MacAndrews & Forbes Incorporated, each of whom is a U.S. citizen. Unless otherwise indicated, the current business address of each of the persons listed below is c/o MacAndrews & Forbes Incorporated, 35 East 62nd Street, New York, New York 10065, and the business telephone number is (212) 572-8600.
Name
|
Present Principal Occupation or Employment
|
Ronald O. Perelman
|
Director, Chairman and Chief Executive Officer of MacAndrews & Forbes Incorporated
|
|
|
Barry F. Schwartz
|
Director and Executive Vice Chairman of MacAndrews & Forbes Incorporated
|
|
|
Paul M. Meister
|
President of MacAndrews & Forbes Incorporated
|
|
|
Paul G. Savas
|
Executive Vice President and Chief Financial Officer of MacAndrews & Forbes Incorporated
|
|
|
Steven M. Cohen
|
Executive Vice President, Chief Administrative Officer and General Counsel of MacAndrews & Forbes Incorporated
|
Mr. Savas is the beneficial owner of 27,900 shares of
Class A Common Stock
(less than 1% of the shares of Class A Common Stock). Except as reported in the prior sentence and in Item 5, none of the persons listed above beneficially owns any shares of Class A Common Stock. The directors' and officers' address is MacAndrews & Forbes Incorporated, 35 East 62nd Street, New York, New York 10065. All of the directors and executive officers of MacAndrews & Forbes are United States citizens
.
SGMS Acquisition III LLC
Controlling persons and executive officers of SGMS Acquisition III LLC, a Delaware limited liability company:
|
Name
|
Title
|
|
Paul G. Savas
|
Executive Vice President and Chief Financial Officer
|
|
|
|
MacAndrews & Forbes Incorporated is the sole member of SGMS Acquisition III LLC.
The disclosure set forth above under "MacAndrews & Forbes Incorporated" regarding Mr. Savas' principal occupation, citizenship, ownership of Class A Common Stock and address is incorporated herein by reference.