SPX FLOW, Inc.
Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons.”
Alpine serves as the Investment Manager of MQR, ACR and accounts it separately manages (the “Separately Managed Accounts”). APM is the General Partner of MQR. Nicholas V. Tompras is the Managing Member, President and Chief Investment Officer of Alpine and the Managing Member of APM. By virtue of these relationships, each of Alpine, APM and Mr. Tompras may be deemed to beneficially own the Issuer’s Common Stock, $0.01 par value (the “Shares”), owned directly by MQR, and each of Alpine and Mr. Tompras may be deemed to beneficially own the Shares owned directly by ACR and the Separately Managed Accounts.
The principal business address of each of the Reporting Persons is 8000 Maryland Avenue, Suite 700, Saint Louis, Missouri 63105.
Each of Alpine and APM are organized under the laws of the State of Missouri. MQR is organized under the laws of the State of Delaware. ACR is organized as a non-diversified series of Investment Managers Series Trust II, a statutory trust organized under the laws of the State of Delaware. Nicholas V. Tompras is a citizen of the United States of America.
All ownership information reported in this Item 4 is as of February 4, 2016.
| (a) | Amount beneficially owned: |
MQR owns directly 34,400 Shares. ACR owns directly 31,500 Shares. The Separately Managed Accounts own directly 2,130,149 Shares.
As the Investment Manager of MQR, ACR and the Separately Managed Accounts, Alpine may be deemed to beneficially own the 2,196,049 Shares owned directly by MQR, ACR and the Separately Managed Accounts. As the General Partner of MQR, APM may be deemed to beneficially own the 34,400 Shares owned directly by MQR. As the Managing Member, President and Chief Investment Officer of Alpine and the Managing Member of APM, Mr. Tompras may be deemed to beneficially own the 2,196,049 Shares owned directly by MQR, ACR and the Separately Managed Accounts.
The filing of this Schedule 13G shall not be construed as an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any of the Shares reported herein. Each of the Reporting Persons specifically disclaims beneficial ownership of the Shares reported herein that are not owned directly by such Reporting Person.
The aggregate percentage of Shares reported owned by each person named herein is based upon 41,288,012 Shares outstanding, as of October 30, 2015, which is the total number of Shares outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 3, 2015.
The 34,400 Shares owned directly by MQR represent less than 1% of the outstanding Shares. The 31,500 Shares owned directly by ACR represent less than 1% of the outstanding Shares. The 2,130,149 Shares owned directly by the Separately Managed Accounts represent approximately 5.2% of the outstanding Shares.
By virtue of its relationships with MQR, ACR and the Separately Managed Accounts, Alpine may be deemed to beneficially own the 2,196,049 Shares owned directly by MQR, ACR and the Separately Managed Accounts, representing approximately 5.3% of the outstanding Shares. By virtue of its relationship with MQR, APM may be deemed to beneficially own the 34,400 Shares owned directly by MQR, representing less than 1% of the outstanding Shares. By virtue of his relationships with Alpine and APM, Mr. Tompras may be deemed to beneficially own the 2,196,049 Shares owned directly by MQR, ACR and the Separately Managed Accounts, representing approximately 5.3% of the outstanding Shares.
This Schedule 13G reports an aggregate of 2,196,049 Shares, representing approximately 5.3% of the outstanding Shares.
| (c) | Number of shares as to which such person has: |
| (i) | Sole power to vote or to direct the vote |
0 Shares
| (ii) | Shared power to vote or to direct the vote |
MQR, Alpine, APM and Mr. Tompras share the power to vote or direct the vote of the 34,400 Shares owned directly by MQR.
ACR, Alpine and Mr. Tompras share the power to vote or direct the vote of the 31,500 Shares owned directly by ACR.
Alpine and Mr. Tompras share the power to vote or direct the vote of the 2,130,149 Shares owned directly by the Separately Managed Accounts.
| (iii) | Sole power to dispose or to direct the disposition of |
0 Shares
| (iv) | Shared power to dispose or to direct the disposition of |
MQR, Alpine, APM and Mr. Tompras share the power to dispose or direct the disposition of the 34,400 Shares owned directly by MQR.
ACR, Alpine and Mr. Tompras share the power to dispose or direct the disposition of the 31,500 Shares owned directly by ACR.
Alpine and Mr. Tompras share the power to dispose or direct the disposition of the 2,130,149 Shares owned directly by the Separately Managed Accounts.
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 of securities, check the following [ ].
Not Applicable.
Not Applicable.
See Exhibit 99.1.
Not Applicable.
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.
After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.