SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
P2 Capital Partners, LLC

(Last) (First) (Middle)
590 MADISON AVENUE
25TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
11/05/2021
3. Issuer Name and Ticker or Trading Symbol
Inotiv, Inc. [ NOTV ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares 2,946,961 I By LLC(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
P2 Capital Partners, LLC

(Last) (First) (Middle)
590 MADISON AVENUE
25TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Savanna Holdings, LLC

(Last) (First) (Middle)
C/O P2 CAPITAL PARTNERS, LLC
590 MADISON AVENUE, 25TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
P2 Capital Master Fund I, L.P.

(Last) (First) (Middle)
C/O P2 CAPITAL PARTNERS, LLC
590 MADISON AVENUE, 25TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Affiliate of 10% owner
1. Name and Address of Reporting Person*
P2 Capital Fund IV, L.P.

(Last) (First) (Middle)
C/O P2 CAPITAL PARTNERS, LLC
590 MADISON AVENUE, 25TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Affiliate of 10% owner
1. Name and Address of Reporting Person*
MOLLER CLAUS J

(Last) (First) (Middle)
C/O P2 CAPITAL PARTNERS, LLC
590 MADISON AVENUE, 25TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. P2 Capital Master Fund I, L.P. and P2 Capital Fund IV, L.P. ("Fund IV"), as the holders of all Class A membership interests in Savanna Holdings, LLC ("Savanna Holdings"), and Fund IV, as the holder of all Class B membership interests in Savanna Holdings, have exclusive control over the common shares held by Savanna Holdings in respect of such membership interests and, therefore, may each be deemed to own beneficially such common shares that are held directly by Savanna Holdings. Each of the reporting persons (other than Savanna Holdings) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any of the securities reported on this Form.
Remarks:
P2 CAPITAL PARTNERS, LLC; By: /s/ Claus Moller, Managing Member 11/15/2021
SAVANNA HOLDINGS, LLC; By: P2 Capital Master Fund I, L.P., as Managing Member; By: P2 Capital Partners, LLC, as Investment Manager; By: /s/ Claus Moller, Managing Member 11/15/2021
P2 CAPITAL MASTER FUND I, L.P.; By: P2 Capital Partners, LLC, as Investment Manager; By: /s/ Claus Moller, Managing Member 11/15/2021
P2 CAPITAL FUND IV, L.P.; By: P2 Capital Partners, LLC, as Investment Manager; By: /s/ Claus Moller, Managing Member 11/15/2021
/s/ Claus Moller 11/15/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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