The following constitutes the Schedule 13D (the “Schedule 13D” or the “Statement”) filed by the undersigned.
Item 1. Security and Issuer
The class of equity securities to which this Schedule 13D relates is the Class A Voting Shares, without nominal or par value (the “Class A Shares”), of Birks Group Inc., a Canadian corporation (the “Issuer”). The principal executive office of the Issuer is 2020 Robert-Bourassa Blvd, Montreal, Québec, Canada H3A 2A5.
Item 2. Identity and Background
| (a) | This Schedule 13D is being filed pursuant to Rule 13d-1 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), on behalf of Jason Edward Maynard (the “Reporting Person”). |
The Reporting Person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, the beneficial owner of any of the securities covered by this statement.
| (b) | The address of the Reporting Person is 460 Meadow Ave, Banner Elk, NC 28604. |
| (c) | The Reporting Person is principally engaged in the business of acquiring, holding and selling securities for investment purposes. |
| (d) | The Reporting Person has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). |
| (e) | The Reporting Person has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which the Reporting Person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. |
| (f) | The Reporting Person is a citizen of the United States of America. |
Item 3. Source and Amount of Funds or other Consideration
The Reporting Person acquired an aggregate of 7,407,643 Class A Shares of the Issuer, which are reported herein, in multiple open market transactions for an aggregate purchase price of approximately $43,394,177. (including commissions), as further disclosed in Item 5(c) of this Schedule 13D, which is incorporated by reference herein. The source of funds for the purchase of the Class A Shares of the Issuer was the personal funds of the Reporting Person.
Item 4. Purpose of Transaction
The Reporting Person filed an initial Schedule 13G on March 10, 2021, at such time as his aggregate share ownership crossed the applicable reporting threshold.
The Class A Shares covered by this statement were originally acquired by the Reporting Person prior to July 12, 2022, in the ordinary course of business solely for investment purposes and not for the purposes of participating in or influencing the management of the Issuer. The Reporting Person intends to review his investment in the Issuer on a continuing basis taking into consideration various factors, including the Issuer’s business, financial condition, results of operations and prospects, general economic and industry conditions, the securities markets in general and those for Class A Shares of the Issuer, in particular, as well as other developments and other investment opportunities. Based upon such review, the Reporting Person will take such actions in the future as the Reporting Person may deem appropriate in light of the circumstances existing from time to time, which may include further acquisitions of Class A Shares of the Issuer or disposal of some or all of the Class A Shares of the Issuer owned by the Reporting Person or otherwise acquired by the Reporting Person, either in the open market or in privately negotiated transactions.