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This Amendment No. 6 to Schedule 13D (“Amendment No. 6”) relates to the Subordinate Voting Shares (the “Subordinate Voting Shares”) of Celestica Inc., a company incorporated under the laws of the Province of Ontario, Canada (the “Issuer”), beneficially owned by Mr. Gerald W. Schwartz (“Mr. Schwartz” or the “Reporting Person”), and amends and supplements the Schedule 13D originally filed with the Securities and Exchange Commission (“SEC”) by the Reporting Person on July 7, 1998 (the “Schedule 13D”), as amended by Amendment Nos. 1, 2, 3, 4, and 5 to the Schedule 13D filed with the SEC on March 8, 2000, July 6, 2000, October 16, 2000, March 1, 2005, and July 21, 2015, respectively. Capitalized terms used but undefined in this Amendment No. 6 shall have the meanings ascribed to them in the Schedule 13D, as amended.
This Amendment No. 6 amends the Schedule 13D (as previously amended), as set forth herein.
Item 1.Security and Issuer.
Item 1 is hereby amended and restated to read in its entirety as follows:
The securities to which this Statement on Schedule 13D relates are the Subordinate Voting Shares of Celestica Inc., a company incorporated under the laws of the Province of Ontario, Canada.
The principal office of the Issuer is located at: 5140 Yonge Street, Suite 1900, Toronto, Ontario, Canada M2N 6L7.
Item 5.Interest in Securities of the Issuer.
Item 5 is hereby amended and restated to read in its entirety as follows:
The aggregate percentage of Subordinate Voting Shares reported as beneficially owned by the Reporting Person is based on 109,822,815 Subordinate Voting Shares outstanding as of July 18, 2019, as reported by the Issuer in its Management’s Discussion and Analysis of Financial Condition and Results of Operations, included as Exhibit 99.1 to its Form6-K filed on July 24, 2019.
(a) and (b). Mr. Schwartz is the indirect holder of all the issued and outstanding Multiple Voting Shares of Onex, which entitles him to elect sixty percent (60%) of the members of Onex’s Board of Directors and represents a 60% voting interest in Onex. Accordingly, Mr. Schwartz is an indirect beneficial owner of the Issuer’s securities which are beneficially owned by Onex. As of the date hereof, Onex beneficially owns 18,997,238 Subordinate Voting Shares of the Issuer, including (i) 397,045 Subordinate Voting Shares and (ii) 18,600,193 Subordinate Voting Shares issuable upon conversion of Multiple Voting Shares of the Issuer; each Multiple Voting Share is currently convertible into one Subordinate Voting Share. 814,546 of the Issuer’s Multiple Voting Shares owned beneficially by Onex are subject to options granted to certain officers of Onex pursuant to certain Onex management investment plans, which may be exercised upon specified dispositions by Onex (directly or indirectly) of the Issuer’s securities, with respect to which Onex has the right to vote or direct the vote, including 688,807 of such options granted to Mr. Schwartz. Each Multiple Voting Share will, upon exercise of such options, be automatically converted into a Subordinate Voting Share.
In addition to the shares beneficially owned by Mr. Schwartz through his beneficial ownership of Onex, Mr. Schwartz controls a company which owns 120,657 Subordinate Voting Shares.
The shares deemed to be owned beneficially by Mr. Schwartz represent approximately 14.9% of the Subordinate Voting Shares, giving effect to the conversion of all of the Multiple Voting Shares described above. Mr. Schwartz has the sole right to vote or to direct the vote, and sole power to dispose or to direct the disposition of, 120,657 Subordinate Voting Shares. Mr. Schwartz shares the voting power and disposition power with Onex with respect to 397,045 Subordinate Voting Shares and 18,600,193 Multiple Voting Shares.