Amended Statement of Beneficial Ownership (sc 13d/a)

Date : 06/10/2019 @ 8:32PM
Source : Edgar (US Regulatory)
Stock : BlueLinx Holdings Inc New (BXC)
Quote : 13.78  0.23 (1.70%) @ 4:27PM

Amended Statement of Beneficial Ownership (sc 13d/a)

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

 

BlueLinx Holdings Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

09624H208

(CUSIP Number)

Christopher Shackelton/Adam Gray

105 Rowayton Avenue

Rowayton, CT 06853

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

June 6, 2019

(Date of Event Which Requires Filing of This Statement)

 

 

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 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 disclosures provided in a prior cover page.

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).

 

 

 


CUSIP No. 09624H208

 

  1.    

  Names of reporting persons.

 

  Coliseum Capital Management, LLC

  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)

 

  AF

  5.    

  Check if disclosure of legal proceedings is required pursuant to Items 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

 

  0

  8.     

  Shared voting power

 

  832,727

  9.     

  Sole dispositive power

 

  0

  10.     

  Shared dispositive power

 

  832,727

11.    

  Aggregate amount beneficially owned by each reporting person

 

  832,727

12.    

  Check if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

  ☐

13.    

  Percent of class represented by amount in Row (11)

 

  8.9%

14.    

  Type of reporting person (see instructions)

 

  IA

 

2


CUSIP No. 09624H208

 

  1.    

  Names of reporting persons.

 

  Coliseum Capital, LLC

  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)

 

  AF

  5.    

  Check if disclosure of legal proceedings is required pursuant to Items 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

 

  0

  8.     

  Shared voting power

 

  607,807

  9.     

  Sole dispositive power

 

  0

  10.     

  Shared dispositive power

 

  607,807

11.    

  Aggregate amount beneficially owned by each reporting person

 

  607,807

12.    

  Check if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

  ☐

13.    

  Percent of class represented by amount in Row (11)

 

  6.5%

14.    

  Type of reporting person (see instructions)

 

  OO

 

3


CUSIP No. 09624H208

 

  1.    

  Names of reporting persons.

 

  Coliseum Capital Partners, L.P.

  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 Items 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

 

  0

  8.     

  Shared voting power

 

  607,807

  9.     

  Sole dispositive power

 

  0

  10.     

  Shared dispositive power

 

  607,807

11.    

  Aggregate amount beneficially owned by each reporting person

 

  607,807

12.    

  Check if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

  ☐

13.    

  Percent of class represented by amount in Row (11)

 

  6.5%

14.    

  Type of reporting person (see instructions)

 

  PN

 

4


CUSIP No. 09624H208

 

  1.    

  Names of reporting persons.

 

  Adam Gray

  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)

 

  AF

  5.    

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6.    

  Citizenship or place of organization

 

  United States

Number of

shares

  beneficially  

owned by

each

reporting

person

with

    7.     

  Sole voting power

 

  0

  8.     

  Shared voting power

 

  832,727

  9.     

  Sole dispositive power

 

  0

  10.     

  Shared dispositive power

 

  832,727

11.    

  Aggregate amount beneficially owned by each reporting person

 

  832,727

12.    

  Check if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

  ☐

13.    

  Percent of class represented by amount in Row (11)

 

  8.9%

14.    

  Type of reporting person (see instructions)

 

  IN

 

5


CUSIP No. 09624H208

 

  1.    

  Names of reporting persons.

 

  Christopher Shackelton

  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)

 

  AF

  5.    

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6.    

  Citizenship or place of organization

 

  United States

Number of

shares

  beneficially  

owned by

each

reporting

person

with

    7.     

  Sole voting power

 

  0

  8.     

  Shared voting power

 

  832,727

  9.     

  Sole dispositive power

 

  0

  10.     

  Shared dispositive power

 

  832,727

11.    

  Aggregate amount beneficially owned by each reporting person

 

  832,727

12.    

  Check if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

  ☐

13.    

  Percent of class represented by amount in Row (11)

 

  8.9%

14.    

  Type of reporting person (see instructions)

 

  IN

 

6


CUSIP No. 09624H208

 

Explanatory Note: This Amendment No. 2 (this “ Amendment ”) to the Schedule 13D relating to BlueLinx Holdings Inc. (the “ Issuer ”), filed by the Reporting Persons with the Securities and Exchange Commission on April 15, 2019, as amended and supplemented by Amendment No.1 to the Initial 13D filed on May 21, 2019, amends and supplements certain of the items set forth therein.

As used in this Amendment, the term “ Reporting Persons ” collectively refers to:

 

   

Coliseum Capital Management, LLC, a Delaware limited liability company (“ CCM ”);

 

   

Coliseum Capital, LLC, a Delaware limited liability company (“ CC ”);

 

   

Coliseum Capital Partners, L.P., a Delaware limited partnership (“ CCP ”);

 

   

Adam Gray (“ Gray ”); and

 

   

Christopher Shackelton (“ Shackelton ”).

Item 3. Source and Amount of Funds or Other Consideration.

Item 3 is hereby supplemented as follows:

The source and amount of funds used in purchasing the Common Stock by the Reporting Persons and a separate account investment advisory client of CCM (the “ Separate Account ”) were as follows:

 

Purchaser

   Source of Funds    Amount  

CCP

   Working Capital    $ 1,839,889.10  

Separate Account

   Working Capital    $ 662,769.25  

Item 5. Interest in Securities of the Issuer.

Item 5 is hereby amended and supplemented as follows:

(a) – (b) The information relating to the beneficial ownership of Common Stock by each of the Reporting Persons set forth in Rows 7 through 13 of the cover pages hereto is incorporated by reference herein. The percentages set forth in Row 13 of all the cover pages filed herewith are calculated based upon 9,346,727 shares of Common Stock outstanding as of May 3, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 8, 2019.

 

(c)

The Reporting Persons effected the following transactions in the Common Stock on the dates indicated and such transactions are the only transactions in the Common Stock by the Reporting Persons in the sixty (60) days preceding the date of this Amendment, or since the most recent filing of Schedule 13D by the Reporting Persons, whichever is less.

 


Name

  

Purchase or Sale

   Date      Number of
Shares
     Weighted
Average
Price Per
Share
     Range of Prices  

CCP

  

Open Market Purchase

     5/21/2019        3,001      $ 23.4999      $ 23.4900 - $23.5000  

Separate Account

  

Open Market Purchase

     5/21/2019        1,081      $ 23.4999      $ 23.4900 - $23.5000  

CCP

  

Open Market Purchase

     5/22/2019        7,563      $ 22.6834      $ 22.3400 - $22.7500  

Separate Account

  

Open Market Purchase

     5/22/2019        2,723      $ 22.6834      $ 22.3400 - $22.7500  

CCP

  

Open Market Purchase

     5/24/2019        7,437      $ 21.6216      $ 21.5550 - $21.6400  

Separate Account

  

Open Market Purchase

     5/24/2019        2,683      $ 21.6216      $ 21.5550 - $21.6400  

CCP

  

Open Market Purchase

     5/28/2019        2,880      $ 21.7478      $ 21.7250 - $21.7500  

Separate Account

  

Open Market Purchase

     5/28/2019        1,035      $ 21.7478      $ 21.7250 - $21.7500  

CCP

  

Open Market Purchase

     5/29/2019        4,925      $ 21.2481      $ 21.2350 - $21.2500  

Separate Account

  

Open Market Purchase

     5/29/2019        1,783      $ 21.2481      $ 21.2350 - $21.2500  

 

7


CCP

  

Open Market Purchase

     5/30/2019        14,712      $ 20.4994      $ 20.4850 - $20.5000  

Separate Account

  

Open Market Purchase

     5/30/2019        5,288      $ 20.4994      $ 20.4850 - $20.5000  

CCP

  

Open Market Purchase

     5/31/2019        184      $ 19.8400      $ 19.8000 - $19.9000  

Separate Account

  

Open Market Purchase

     5/31/2019        66      $ 19.8400      $ 19.8000 - $19.9000  

CCP

  

Open Market Purchase

     6/5/2019        14,694      $ 19.9078      $ 19.5900 - $19.9500  

Separate Account

  

Open Market Purchase

     6/5/2019        5,306      $ 19.9078      $ 19.5900 - $19.9500  

CCP

  

Open Market Purchase

     6/6/2019        29,412      $ 19.0016      $ 18.8400 - $19.2000  

Separate Account

  

Open Market Purchase

     6/6/2019        10,588      $ 19.0016      $ 18.8400 - $19.2000  

CCP

  

Open Market Purchase

     6/7/2019        6,113      $ 18.5004      $ 18.3000 - $18.6000  

Separate Account

  

Open Market Purchase

     6/7/2019        2,198      $ 18.5004      $ 18.3000 - $18.6000  

 

(d)

Except as set forth in Item 6 hereof, no person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock reported herein.

The information in Item 6 hereof is incorporated by reference herein.

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

Item 6 is hereby amended and supplemented as follows:

CCM is an investment adviser whose clients, including CCP and the Separate Account, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock. CC is the general partner of CCP. Gray and Shackelton are the managers of CC and CCM.

 

8


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.

DATED: June 10, 2019

 

COLISEUM CAPITAL MANAGEMENT, LLC   CHRISTOPHER SHACKELTON
By:  

/s/ Thomas Sparta

  By:  

/s/ Thomas Sparta

  Thomas Sparta, Attorney-in-fact     Thomas Sparta, Attorney-in-fact
COLISEUM CAPITAL, LLC   ADAM GRAY
By:  

/s/ Thomas Sparta

  By:  

/s/ Thomas Sparta

  Thomas Sparta, Attorney-in-fact     Thomas Sparta, Attorney-in-fact
COLISEUM CAPITAL PARTNERS, L.P.    
By:   Coliseum Capital, LLC, General Partner    
By:  

/s/ Thomas Sparta

   
  Thomas Sparta, Attorney-in-fact    

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