The following constitutes Amendment No. 13 to the Schedule 13D filed by the undersigned
(Amendment No. 13). This Amendment No. 13 amends the Schedule 13D as specifically set forth herein.
Item 4. Purpose of
Transaction
Item 4 is hereby amended and restated to read as follows:
The Reporting Persons reduced their stake by an aggregate of 2,000,000 Shares on February 18, 2020. Following these transactions, the
Reporting Persons intend to hold their remaining stake of 3,700,000 Shares. Consistent with communications by the Issuers management, the Reporting Persons continue to be optimistic about the Issuers prospects.
Item 5. Interest in Securities of the Issuer
Items 5(a) (c) are hereby amended and restated to read as follows:
The aggregate percentage of Shares reported owned by each person named herein is based upon 54,090,267 Shares outstanding as of
November 4, 2019, which is the total number of Shares outstanding as reported in the Issuers Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2019, filed with the
Securities and Exchange Commission on November 7, 2019.
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(a)
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As of February 18, 2020, H Partners Management, as the investment manager, may be deemed the beneficial
owner of 3,700,000 Shares, which consists of the Shares held in the H Partners Account and the Shares owned by the Funds.
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Percentage: Approximately 6.8%
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(b)
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1. Sole power to vote or direct vote: 0
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2. Shared power to vote or direct vote: 3,700,000
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 3,700,000
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(c)
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H Partners Management has not entered into any transactions in the Shares since the filing of Amendment
No. 12 to the Schedule 13D. The transactions in the Shares by the Funds since the filing of Amendment No. 12 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
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(a)
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As of February 18, 2020, H Partners LP beneficially owned 2,697,900 Shares.
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Percentage: Approximately 5.0%
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(b)
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1. Sole power to vote or direct vote: 0
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2. Shared power to vote or direct vote: 2,697,900
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 2,697,900
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(c)
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The transactions in the Shares by H Partners LP since the filing of Amendment No. 12 to the Schedule 13D
are set forth in Schedule A and are incorporated herein by reference.
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