1 | Names of Reporting Persons North Tide Capital LLC I.R.S. Identification Nos. of above persons (entities only) |
2 | Check the Appropriate Box if a Member of a Group (See Instructions) |
| (a) [ ] |
| (b) [ ] |
3 | SEC Use Only |
4 | Citizenship or Place of Organization |
| | |
Number of Shares Beneficially Owned by Each Reporting Person With | 5 Sole Voting Power |
0 | |
6 Shared Voting Power |
945,000 | |
7 Sole Dispositive Power |
0 | |
8 Shared Dispositive Power |
| 945,000 | |
9 | Aggregate Amount Beneficially Owned by Each Reporting Person |
| 945,000 shares Refer to Item 4 below. | |
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] Not applicable. |
11 | Percent of Class Represented by Amount in Row (9) |
| 10.04% Refer to Item 4 below. | |
12 | Type of Reporting Person (See Instructions) |
| OO (Limited Liability Company) |
1 | Names of Reporting Persons Conan Laughlin I.R.S. Identification Nos. of above persons (entities only) |
2 | Check the Appropriate Box if a Member of a Group (See Instructions) |
| (a) [ ] |
| (b) [ ] |
3 | SEC Use Only |
4 | Citizenship or Place of Organization |
| | |
Number of Shares Beneficially Owned by Each Reporting Person With | 5 Sole Voting Power |
0 | |
6 Shared Voting Power |
945,000 | |
7 Sole Dispositive Power |
0 | |
8 Shared Dispositive Power |
| 945,000 | |
9 | Aggregate Amount Beneficially Owned by Each Reporting Person |
| 945,000 shares Refer to Item 4 below. | |
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] Not applicable. |
11 | Percent of Class Represented by Amount in Row (9) |
| 10.04% Refer to Item 4 below. | |
12 | Type of Reporting Person (See Instructions) |
| IN |
Item 1.
(a) | | Name of Issuer |
| | |
(b) | | Address of Issuer’s Principal Executive Offices |
| | 9510 Ormsby Station Road, Suite 300, Louisville, Kentucky 40223 |
Item 2.
(a) | | Name of Person Filing |
| | North Tide Capital Master, LP North Tide Capital, LLC Conan Laughlin |
(b) | | Address of Principal Business Office or, if none, Residence |
| | North Tide Capital Master, LP North Tide Capital, LLC Conan Laughlin 500 Boylston Street, Suite 310 Boston, Massachusetts 02116 |
(c) | | Citizenship |
| | North Tide Capital Master, LP - Cayman Islands North Tide Capital, LLC - Massachusetts Conan Laughlin - United States |
(d) | | Title of Class of Securities |
| | Common Stock, par value $0.10 per share |
(e) | | CUSIP Number |
| | |
Item 3. | If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
(a) | | [ ] | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
(b) | | [ ] | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
(c) | | [ ] | Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); |
(d) | | [ ] | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); |
(e) | | [ ] | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
(f) | | [ ] | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
(g) | | [ ] | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); |
(h) | | [ ] | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
(i) | | [ ] | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
(j) | | [ ] | A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J); |
(k) | | [ ] | Group, in accordance with §240.13d-1(b)(1)(ii)(K). |
| | | If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
| North Tide Capital Master, LP - 845,000 shares |
| North Tide Capital, LLC - 945,000 shares |
| Conan Laughlin - 945,000 shares |
| |
(b) Percent of class:
| North Tide Capital Master, LP - 8.98% |
| North Tide Capital, LLC - 10.04% |
| Conan Laughlin - 10.04% |
| |
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: **
| North Tide Capital Master, LP - 0 shares |
| North Tide Capital, LLC - 0 shares |
| Conan Laughlin - 0 shares |
| |
(ii) Shared power to vote or to direct the vote: **
| North Tide Capital Master, LP - 845,000 shares |
| North Tide Capital, LLC - 945,000 shares |
| Conan Laughlin - 945,000 shares |
| |
(iii) Sole power to dispose or direct the disposition of: **
| North Tide Capital Master, LP - 0 shares |
| North Tide Capital, LLC - 0 shares |
| Conan Laughlin - 0 shares |
| |
(iv) Shared power to dispose or to direct the disposition of: **
| North Tide Capital Master, LP - 845,000 shares |
| North Tide Capital, LLC - 945,000 shares |
| Conan Laughlin - 945,000 shares |
| |
** Shares reported herein for North Tide Capital, LLC ("North Tide") represent shares which are beneficially owned by North Tide Capital Master, LP (the "Master Fund"), as reported herein, and shares which are beneficially owned by a managed account entity (the "Account"). North Tide serves as investment manager to both the Master Fund and the Account. Shares reported herein for Mr. Laughlin represent the above referenced shares beneficially owned by the Master Fund and the Account. Mr. Laughlin serves as the Manager of North Tide. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein.
Item 5. | Ownership of Five Percent or Less of a Class |
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.
Item 6. | Ownership of More than Five Percent on Behalf of Another Person |
Not applicable.
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person |
Not applicable.
Item 8. | Identification and Classification of Members of the Group |
Not applicable.
Item 9. | Notice of Dissolution of Group |
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.
Exhibit
99.1 Joint Filing Agreement by and among the Reporting Persons, incorporated by reference to Exhibit 99.1 to the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on September 9, 2013.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: May 1, 2014
NORTH TIDE CAPITAL MASTER, LP
By: North Tide Capital GP, LLC,
its General Partner
By: /s/ Conan Laughlin
Conan Laughlin
Manager
NORTH TIDE CAPITAL, LLC
By: /s/ Conan Laughlin
Conan Laughlin
Manager
CONAN LAUGHLIN
By: /s/ Conan Laughlin
Conan Laughlin, Individually