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CUSIP No. 67401P 108
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13D
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Page
9
of 10 Pages
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This statement on Schedule 13D originally filed with the Securities and Exchange Commission
on July 21, 2017 (the Original Statement) by Oaktree Capital Management, L.P. (Oaktree) and the other persons named therein, as amended and supplemented by Amendment No. 1 to Schedule 13D filed with
the Securities and Exchange Commission on November 1, 2017 (Amendment No. 1) and Amendment No. 2 to Schedule 13D filed with the Securities and Exchange Commission on May 14, 2019 (Amendment
No. 2) and Amendment No. 3 to Schedule 13D filed with the Securities and Exchange Commission on November 27, 2019 (Amendment No. 3) and, together with the Original Statement and Amendment No. 1
and Amendment No. 2, the Prior Statements), is hereby amended and supplemented by this Amendment No. 4 to Schedule 13D. Capitalized terms used herein and not otherwise defined have the meanings assigned to such terms in
the Prior Statements. Except as otherwise provided herein, each Item of the Prior Statements remains unchanged.
Item 5.
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Interest in Securities of the Issuer
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Items 5(a) 5(c) of the Prior Statements are amended and restated in their entirety as follows:
As a result of the Voting Agreement described in Item 6 of the Original Statement and Item 3 of Amendment No. 2 among Oaktree
and the Tannenbaum Stockholders, Oaktree may be deemed to be beneficially own 19,930,860 shares, or approximately 14.1%, of the issued and outstanding shares of Common Stock, which shares of Common Stock (the Tannenbaum Shares)
are held by Leonard M. Tannenbaum, the Leonard M. Tannenbaum Foundation and the Tannenbaum Family 2012 Trust (collectively, the Tannenbaum Stockholders).
As a result of Oaktree Capital I purchasing 276,000 shares of Common Stock in the open market (the Oaktree Shares), Oaktree
Capital I may be deemed to beneficially own 276,000, or approximately 0.2%, of the issued and outstanding shares of Common Stock.
OCM GP
LLC, in its capacity as the general partner of Oaktree, has the ability to direct the management of Oaktree, including the power to direct the decisions of Oaktree regarding the voting and disposition of securities beneficially owned by Oaktree.
Therefore, OCM GP LLC may be deemed to have indirect beneficial ownership of the Tannenbaum Shares.
Atlas OCM LLC, in its capacity as the
sole managing member of OCM GP LLC, has the ability to direct the management of OCM GP LLC, including the power to direct the decisions of OCM GP LLC regarding the voting and disposition of securities beneficially owned by OCM GP LLC. Therefore,
Atlas OCM LLC may be deemed to have indirect beneficial ownership of the Tannenbaum Shares. Atlas OCM LLC is managed by its ten member board of directors.
Holdings I, in its capacity as the general partner of Oaktree Capital I, has the ability to direct the management of Oaktree Capital Is
business, including the power to direct the decisions of Oaktree Capital I regarding the voting and disposition of securities held by Oaktree Capital I. Therefore, Holdings I may be deemed to have indirect beneficial ownership of the Oaktree Shares.
Holdings, in its capacity as the managing member of Holdings I, has the ability to direct the management of Holding Is business,
including the power to direct the decisions of Holdings I regarding the voting and disposition of securities beneficially owned by Holdings I. Therefore, Holdings may be deemed to have indirect beneficial ownership of the Oaktree Shares.
OCG, in its capacity as managing member of Holdings, has the ability to direct the management of Holdings business, including the power
to direct the decisions of Holdings regarding the voting and disposition of securities beneficially owned by Holdings. Therefore, OCG may be deemed to have indirect beneficial ownership of the Oaktree Shares. OCG is managed by its ten member board
of directors.
Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission by any of the
Reporting Persons that it is the beneficial owner of any of the shares of Common Stock referred to herein for the purposes of Section 13(d) of the Act, or for any other purpose, and such beneficial ownership is expressly disclaimed.
To the actual knowledge of the Reporting Persons, none of the Covered Persons directly owns any shares of Common Stock, other than John B.
Frank, who beneficially owns 62,834 shares of Common Stock (of which (i) 28,784 shares are held directly by Mr. Frank and (ii) 34,050 shares are held by a member of Mr. Franks family and he may be deemed to have voting
and/or investment power with respect to, but he has no pecuniary interest in, such shares); provided, however, that because of each Covered Persons status as an investment manager, manager, general partner, director, executive officer or
member of a Reporting Person, a Covered Person may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by such Reporting Person. Each of the Covered Persons disclaims beneficial ownership of the shares of Common
Stock reported herein, and the filing of this Schedule 13D shall not be construed as an admission that any such Covered Person is the beneficial owner of any securities covered by this statement, other than Mr. Frank with respect to shares of
Common Stock directly owned by him.