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CUSIP No. 524643103
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13G/A
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Page
7
of 9
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Explanatory Note: This Amendment No. 2 (this Amendment) to the Schedule 13G (the
Initial 13G) filed with the Securities and Exchange Commission on December 11, 2017 by the Reporting Persons (as defined below) relating to PARTS iD, Inc. (f/k/a Legacy Acquisition Corp.), a Delaware Corporation (the
Issuer), and as amended and supplemented by Amendment No. 1 to the Initial 13G filed on February 14, 2020, amends and supplements certain of the items set forth therein.
As used in this Amendment, the term Reporting Persons collectively refers to:
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Coliseum Capital Management, LLC (CCM);
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Coliseum Capital, LLC (CC);
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Coliseum Capital Partners, L.P. (CCP);
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Adam Gray (Gray); and
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Christopher Shackelton (Shackelton).
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Item 4 is hereby amended and supplemented as follows:
The information relating to the beneficial ownership of Class A Common Stock, par value $0.0001 (Common Stock), by each of the
Reporting Persons set forth in Rows 5 through 9 and Row 11 of the cover pages hereto is incorporated herein by reference.
The
ownership percentage of each Reporting Person set forth in Row 11 of the cover pages hereto has been calculated based on an assumed total of 32,873,457 shares of Common Stock issued and outstanding as of January 25, 2021, as reported by the
Issuer in its Registration Statement on Form S-1, filed with the Securities and Exchange Commission on January 29, 2021.
Item 5.
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Ownership of Five Percent or Less of a Class.
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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 securities, check the following ☒
Item 8.
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Identification and Classification of Members of the Group.
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Item 8 is hereby amended and supplemented as follows:
CCM is the investment adviser to CCP, which is an investment limited partnership. CC is the General Partner of CCP. Gray and Shackelton are the
managers of CC and CCM.
The Reporting Persons may be deemed to be members of a group with respect to the Common Stock owned
of record by CCP and a separate account managed by CCM (the Separate Account). CCP is the record owner of 183,095 shares of Common Stock and the Separate Account is the record owner of 67,230 shares of Common Stock.
By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held
for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.