GILT Gilat Satellite Networks Ltd

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(CUSIP Number)

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1	NAME OF REPORTING PERSONS.  FIMI IV 2007 Ltd . I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)  (a) ☒ (b) ☐
3	SEC USE ONLY
4	SOURCE OF FUNDS (SEE INSTRUCTIONS)
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)    ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION    Israel
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER   _____
		8	SHARED VOTING POWER    18,801,865
		9	SOLE DISPOSITIVE POWER    _____
		10	SHARED DISPOSITIVE POWER    18,801,865
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    18,801,865
12	CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)    33.9%
14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    CO

 

1	NAME OF REPORTING PERSONS.  FIMI Opportunity IV, L.P. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)  (a) ☒ (b) ☐
3	SEC USE ONLY
4	SOURCE OF FUNDS (SEE INSTRUCTIONS)   WC
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)    ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION    Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER   _____
		8	SHARED VOTING POWER    18,801,865
		9	SOLE DISPOSITIVE POWER    _____
		10	SHARED DISPOSITIVE POWER    18,801,865
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    18,801,865
12	CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)    33.9%
14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    PN

 

1	NAME OF REPORTING PERSONS.  FIMI Israel Opportunity IV, Limited Partnership I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)  (a) ☒ (b) ☐
3	SEC USE ONLY
4	SOURCE OF FUNDS (SEE INSTRUCTIONS)   WC
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)    ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION    Israel
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER   _____
		8	SHARED VOTING POWER    18,801,865
		9	SOLE DISPOSITIVE POWER    _____
		10	SHARED DISPOSITIVE POWER    18,801,865
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    18,801,865
12	CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)    33.9%
14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    PN

1	NAME OF REPORTING PERSONS.  FIMI Opportunity V, L.P. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)  (a) ☒ (b) ☐
3	SEC USE ONLY
4	SOURCE OF FUNDS (SEE INSTRUCTIONS)   WC
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)    ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION    Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER   _____
		8	SHARED VOTING POWER    18,801,865
		9	SOLE DISPOSITIVE POWER    _____
		10	SHARED DISPOSITIVE POWER    18,801,865
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    18,801,865
12	CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)    33.9%
14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    PN

 

 

 

1	NAME OF REPORTING PERSONS.  Shira and Ishay Davidi Management Ltd. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)  (a) ☒ (b) ☐
3	SEC USE ONLY
4	SOURCE OF FUNDS (SEE INSTRUCTIONS)
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)    ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION    Israel
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER   _____
		8	SHARED VOTING POWER    18,801,865
		9	SOLE DISPOSITIVE POWER    _____
		10	SHARED DISPOSITIVE POWER    18,801,865
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    18,801,865
12	CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)    33.9%
14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    CO

 

1	NAME OF REPORTING PERSONS.  Ishay Davidi I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)  (a) ☒ (b) ☐
3	SEC USE ONLY
4	SOURCE OF FUNDS (SEE INSTRUCTIONS)
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)    ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION    Israel
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER   _____
		8	SHARED VOTING POWER    18,801,865
		9	SOLE DISPOSITIVE POWER    _____
		10	SHARED DISPOSITIVE POWER    18,801,865
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    18,801,865
12	CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)    33.9%
14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    IN

 

This Amendment No. 7 to Schedule 13D amends Schedule 13D originally filed on September 17, 2012, Amendment No. 1 to Schedule 13D originally filed on November 13, 2012, Amendment No. 2 to Schedule 13D originally filed on November 15, 2012, Amendment No. 3 to Schedule 13D originally filed on February 4, 2014, Amendment No. 4 to Schedule 13D originally filed on September 17, 2014, Amendment No. 5 to Schedule 13D originally filed on November 29, 2014 and Amendment No. 6 to Schedule 13D originally filed on April 7, 2016. This Amendment No. 7 amends and supplements Items 4, 5 and 6 of the Schedule 13D, as amended.

Item 4.   Purpose of Transaction

Item 4 is hereby supplemented as follows:

On July 11, 2019, Gilat Satellite Networks Ltd. (the "Company") filed a universal shelf registration statement on Form F-3 with the Securities and Exchange Commission ("SEC"). The shelf registration statement has been filed with the SEC but has not yet become effective. Upon being declared effective by the SEC, the shelf registration statement will allow the Company to sell, from time to time, up to $150 million of ordinary shares, warrants, debt securities and subscription rights, either separately or in units, in one or more offerings. The shelf registration statement also provides for the sale by certain Company shareholders of ordinary shares of the Company, including the ordinary shares beneficially owned by the Reporting Persons.

In connection with the filing of the shelf registration statement, the Reporting Persons agreed (i) to reimburse the Company for its pro rata portion of all expenses the Company incurs in connection with the registration and distribution of the securities registered in the shelf registration statement, and (ii) to indemnify and hold the Company harmless from and against any losses it or its directors, officers or related parties incur as a result of (A) any information included on behalf of the Reporting Persons in the prospectus and in any prospectus supplement included in the shelf registration statement being incorrect or misleading and (B) the Reporting Persons failing to deliver to the Company timely notice of any matter relating to the Reporting Persons, to enable the Company to timely file a prospectus supplement and/or to amend and/or supplement the prospectus and any prospectus supplement included in the shelf registration statement.

Item 5. Interest in Securities of the Issuer

 

Item 5 is hereby amended as follows:

(a)- (b)    The Reporting Persons beneficially own and have shared power to vote and shared power of disposition over 18,801,865 Shares, representing approximately 33.9% of the Company's Shares (based upon the 55,441,303 shares outstanding as of June 30, 2019 (pursuant to the Form F-3 filed by the Company on July 11, 2019).

(d)           Except for the Reporting Persons, no person is known by the Reporting Persons to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by the Reporting Persons.

Item 6.   Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

The information set forth in Items 4 and 5 is incorporated herein by reference.

 

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.

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