0001193125-16-501585.txt : 20160311 0001193125-16-501585.hdr.sgml : 20160311 20160311162336 ACCESSION NUMBER: 0001193125-16-501585 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160311 DATE AS OF CHANGE: 20160311 GROUP MEMBERS: GEI CAPITAL VI, LLC GROUP MEMBERS: GREEN EQUITY INVESTORS SIDE VI, L.P GROUP MEMBERS: GREEN VI HOLDINGS, LLC GROUP MEMBERS: J. KRISTOFER GALASHAN GROUP MEMBERS: JONATHAN D. SOKOLOFF GROUP MEMBERS: LEONARD GREEN & PARTNERS, L.P. GROUP MEMBERS: LGP MALTED COINVEST LLC GROUP MEMBERS: LGP MANAGEMENT, INC. GROUP MEMBERS: PERIDOT COINVEST MANAGER LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Shake Shack Inc. CENTRAL INDEX KEY: 0001620533 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING & DRINKING PLACES [5810] IRS NUMBER: 471941186 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88605 FILM NUMBER: 161501037 BUSINESS ADDRESS: STREET 1: 24 UNION SQUARE EAST STREET 2: 5TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: (646) 747-7200 MAIL ADDRESS: STREET 1: 24 UNION SQUARE EAST STREET 2: 5TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10003 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Green Equity Investors VI, L.P. CENTRAL INDEX KEY: 0001531051 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 11111 SANTA MONICA BOULEVARD STREET 2: SUITE 2000 CITY: LOS ANGELES STATE: CA ZIP: 90025 BUSINESS PHONE: 310-954-0444 MAIL ADDRESS: STREET 1: 11111 SANTA MONICA BOULEVARD STREET 2: SUITE 2000 CITY: LOS ANGELES STATE: CA ZIP: 90025 SC 13D/A 1 d136371dsc13da.htm SC 13D/A SC 13D/A

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13D

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)*

 

 

Shake Shack Inc.

(Name of Issuer)

Common Stock, $0.001 par value per share

(Title of Class of Securities)

819047 101

(CUSIP Number)

Jennifer Bellah Maguire

Gibson, Dunn & Crutcher LLP

333 South Grand Avenue

Los Angeles, California 90071-3197

(213) 229-7986

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

March 9, 2016

(Date of Event Which Requires Filing of Statement on Schedule 13D)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), checking the following box.  ¨

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 819047 101   Schedule 13D/A   Page 2 of 16 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

Green Equity Investors VI, L.P.

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  x        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):  ¨

 

  (6)  

Citizenship or Place of Organization:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     (7)    

Sole Voting Power

 

0

     (8)   

Shared Voting Power

 

7,471,910

     (9)   

Sole Dispositive Power

 

0

   (10)   

Shared Dispositive Power

 

7,471,910

(11)  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

7,462,910

(12)  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):  ¨

 

(13)  

Percent of Class Represented by Amount in Row (11):

 

20.6% beneficial ownership of the voting stock based on 36,255,055 shares of Common Stock outstanding as of March 10, 2016

(14)  

Type of Reporting Person (See Instructions):

 

PN

Note: All share numbers on these cover pages presented on an as-converted basis.


CUSIP No. 819047 101   Schedule 13D/A   Page 3 of 16 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

Green Equity Investors Side VI, L.P.

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  x        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):  ¨

 

  (6)  

Citizenship or Place of Organization:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     (7)    

Sole Voting Power

 

0

     (8)   

Shared Voting Power

 

7,471,910

     (9)   

Sole Dispositive Power

 

0

   (10)   

Shared Dispositive Power

 

7,471,910

(11)  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

7,462,910

(12)  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):  ¨

 

(13)  

Percent of Class Represented by Amount in Row (11):

 

20.6% beneficial ownership of the voting stock based on 36,255,055 shares of Common Stock outstanding as of March 10, 2016

(14)  

Type of Reporting Person (See Instructions):

 

PN

 


CUSIP No. 819047 101   Schedule 13D/A   Page 4 of 16 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

LGP Malted Coinvest LLC

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  x        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):  ¨

 

  (6)  

Citizenship or Place of Organization:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     (7)    

Sole Voting Power

 

0

     (8)   

Shared Voting Power

 

7,471,910

     (9)   

Sole Dispositive Power

 

0

   (10)   

Shared Dispositive Power

 

7,471,910

(11)  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

7,462,910

(12)  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):  ¨

 

(13)  

Percent of Class Represented by Amount in Row (11):

 

20.6% beneficial ownership of the voting stock based on 36,255,055 shares of Common Stock outstanding as of March 10, 2016

(14)  

Type of Reporting Person (See Instructions):

 

OO (Limited Liability Company)

 


CUSIP No. 819047 101   Schedule 13D/A   Page 5 of 16 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

GEI Capital VI, LLC

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  ¨        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):  ¨

 

  (6)  

Citizenship or Place of Organization:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     (7)    

Sole Voting Power

 

0

     (8)   

Shared Voting Power

 

7,471,910

     (9)   

Sole Dispositive Power

 

0

   (10)   

Shared Dispositive Power

 

7,471,910

(11)  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

7,462,910

(12)  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):  ¨

 

(13)  

Percent of Class Represented by Amount in Row (11):

 

20.6% beneficial ownership of the voting stock based on 36,255,055 shares of Common Stock outstanding as of March 10, 2016

(14)  

Type of Reporting Person (See Instructions):

 

OO (Limited Liability Company)


CUSIP No. 819047 101   Schedule 13D/A   Page 6 of 16 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

Green VI Holdings, LLC

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  ¨        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):  ¨

 

  (6)  

Citizenship or Place of Organization:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     (7)    

Sole Voting Power

 

0

     (8)   

Shared Voting Power

 

7,471,910

     (9)   

Sole Dispositive Power

 

0

   (10)   

Shared Dispositive Power

 

7,471,910

(11)  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

7,462,910

(12)  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):  ¨

 

(13)  

Percent of Class Represented by Amount in Row (11):

 

20.6% beneficial ownership of the voting stock based on 36,255,055 shares of Common Stock outstanding as of March 10, 2016

(14)  

Type of Reporting Person (See Instructions):

 

OO (Limited Liability Company)


CUSIP No. 819047 101   Schedule 13D/A   Page 7 of 16 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

Leonard Green & Partners, L.P.

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  ¨        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):  ¨

 

  (6)  

Citizenship or Place of Organization:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     (7)    

Sole Voting Power

 

0

     (8)   

Shared Voting Power

 

7,471,910

     (9)   

Sole Dispositive Power

 

0

   (10)   

Shared Dispositive Power

 

7,471,910

(11)  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

7,462,910

(12)  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):  ¨

 

(13)  

Percent of Class Represented by Amount in Row (11):

 

20.6% beneficial ownership of the voting stock based on 36,255,055 shares of Common Stock outstanding as of March 10, 2016

(14)  

Type of Reporting Person (See Instructions):

 

PN


CUSIP No. 819047 101   Schedule 13D/A   Page 8 of 16 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

LGP Management, Inc.

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  ¨        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):  ¨

 

  (6)  

Citizenship or Place of Organization:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     (7)    

Sole Voting Power

 

0

     (8)   

Shared Voting Power

 

7,471,910

     (9)   

Sole Dispositive Power

 

0

   (10)   

Shared Dispositive Power

 

7,471,910

(11)  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

7,462,910

(12)  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):  ¨

 

(13)  

Percent of Class Represented by Amount in Row (11):

 

20.6% beneficial ownership of the voting stock based on 36,255,055 shares of Common Stock outstanding as of March 10, 2016

(14)  

Type of Reporting Person (See Instructions):

 

CO

 


CUSIP No. 819047 101   Schedule 13D/A   Page 9 of 16 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

Peridot Coinvest Manager LLC

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  ¨        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):  ¨

 

  (6)  

Citizenship or Place of Organization:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     (7)    

Sole Voting Power

 

0

     (8)   

Shared Voting Power

 

7,471,910

     (9)   

Sole Dispositive Power

 

0

   (10)   

Shared Dispositive Power

 

7,471,910

(11)  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

7,462,910

(12)  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):  ¨

 

(13)  

Percent of Class Represented by Amount in Row (11):

 

20.6% beneficial ownership of the voting stock based on 36,255,055 shares of Common Stock outstanding as of March 10, 2016

(14)  

Type of Reporting Person (See Instructions):

 

OO (Limited Liability Company)

 


CUSIP No. 819047 101   Schedule 13D/A   Page 10 of 16 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

Jonathan D. Sokoloff

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  ¨        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):  ¨

 

  (6)  

Citizenship or Place of Organization:

 

United States of America

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     (7)    

Sole Voting Power

 

0

     (8)   

Shared Voting Power

 

7,471,910

     (9)   

Sole Dispositive Power

 

0

   (10)   

Shared Dispositive Power

 

7,471,910

(11)  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

7,462,910

(12)  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):  ¨

 

(13)  

Percent of Class Represented by Amount in Row (11):

 

20.6% beneficial ownership of the voting stock based on 36,255,055 shares of Common Stock outstanding as of March 10, 2016

(14)  

Type of Reporting Person (See Instructions):

 

IN

 


CUSIP No. 819047 101   Schedule 13D/A   Page 11 of 16 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

J. Kristofer Galashan

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  ¨        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):  ¨

 

  (6)  

Citizenship or Place of Organization:

 

Canada

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

     (7)    

Sole Voting Power

 

0

     (8)   

Shared Voting Power

 

7,471,910

     (9)   

Sole Dispositive Power

 

0

   (10)   

Shared Dispositive Power

 

7,471,910

(11)  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

7,471,910

(12)  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):  ¨

 

(13)  

Percent of Class Represented by Amount in Row (11):

 

20.6% beneficial ownership of the voting stock based on 36,255,055 shares of Common Stock outstanding as of March 10, 2016

(14)  

Type of Reporting Person (See Instructions):

 

IN

 


CUSIP No. 819047 101    Schedule 13D/A    Page 12 of 16 Pages

 

ITEM 1. SECURITY AND ISSUER

This Amendment No. 4 to Schedule 13D (this “Amendment”) relates to shares of Class A common stock, par value $0.001 per share (the “A-Common”) of Shake Shack Inc., a Delaware corporation (the “Issuer”). Capitalized terms used in this Amendment and not otherwise defined herein shall have the meanings ascribed to them in the Schedule 13D.

The address of the Issuer’s principal executive offices is 24 Union Square East, 5th Floor, New York, NY 10003.

 

ITEM 2. IDENTITY AND BACKGROUND

The disclosure provided in Item 2 of the Schedule 13D amended hereby is updated to include the following additional disclosure:

 

  (a) As of the date of this statement, (i) GEI VI is the record owner of 140,301 shares of A-Common and 4,326,266 shares of the Issuer’s Class B common stock, par value $0.001 per share (“B-Common), (ii) GEI Side VI is the record owner of 2,662,077 shares of A-Common, and (iii) Malted is the record owner of 2,187 shares of A-Common and 323,828 shares of B-Common.

The names of the directors and executive officers of LGPM are set forth on Schedule 1, which is incorporated herein by reference.

 

ITEM 4. PURPOSE OF TRANSACTION

The disclosure provided in Item 4 of the Schedule 13D amended hereby is updated to include the following additional disclosure:

On March 9, 2016, (i) GEI VI tendered to the Issuer 87,640 LLC Interests and 87,640 shares of B-Common in exchange for 87,640 shares of A-Common, and (ii) Malted tendered to the Issuer 6,560 LLC Interests and 6,560 shares of B-Common in exchange for 6,560 shares of A-Common. Subsequent to the March 9, 2016 redemptions, the Reporting Persons executed the transactions set forth in Item 5(c).

Except as disclosed in this Item, none of the LGP Stockholders, nor any of the other Reporting Persons, has any current plans or proposals which relate to or would result in any of the events described in clauses (a) through (j) of the instructions to Item 4 of this Amendment. The Reporting Persons, however, will take such actions with respect to the Reporting Persons’ investments in the Issuer as deemed appropriate in light of existing circumstances from time to time and reserve the right to acquire or dispose of securities of the Issuer, to enter into hedging relationships with respect to such securities, or to formulate other purposes, plans, or proposals in the future depending on market conditions and/or other factors.


CUSIP No. 819047 101    Schedule 13D/A    Page 13 of 16 Pages

 

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

(a) and (b)

 

Reporting Persons

   Number* of
Shares With
Shared Voting
Power
     Sole Beneficial
Ownership
     Shared
Beneficial
Ownership*
     Percentage
of Class
Beneficially
Owned
 

GEI VI

     7,471,910         0         7,462,910         20.6

GEI Side VI

     7,471,910         0         7,462,910         20.6

Malted

     7,471,910         0         7,462,910         20.6

Jonathan D. Sokoloff

     7,471,910         0         7,462,910         20.6

J. Kristofer Galashan

     7,471,910         9,000         7,471,910         20.6

Other Reporting Persons

     7,471,910         0         7,462,910         20.6

 

* All share numbers presented in this table assume full conversion of B-Common to A-Common.

 

  (c) The following table sets forth all transactions with respect to shares of Common Stock effectuated during the past 60 days by any of the Reporting Persons. Each day’s sales comprised open market transactions made on that day, and the price per share reported is the weighted average sale price.

 

Reporting Person

   Date of Transaction    Number of Shares
Sold
   Price per Share

GEI VI

   March 9, 2016    29,958    $36.03

GEI Side VI

   March 9, 2016    17,855    $36.03

Malted

   March 9, 2016    2,187    $36.03

GEI VI

   March 10, 2016    29,959    $35.08

GEI Side VI

   March 10, 2016    17,855    $35.08

Malted

   March 10, 2016    2,186    $35.08

 

  (d) Not applicable.

 

  (e) Not applicable.


CUSIP No. 819047 101    Schedule 13D/A    Page 14 of 16 Pages

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this Amendment is true, complete, and correct.

Dated as of March 11, 2016

 

Green Equity Investors VI, L.P.
By: GEI Capital VI, LLC, its General Partner
By:  

/S/ ADRIAN J. MAIZEY

Name:   Adrian J. Maizey
Title:   Chief Operating Officer and Secretary
Green Equity Investors Side VI, L.P.
By: GEI Capital VI, LLC, its General Partner
By:  

/S/ ADRIAN J. MAIZEY

Name:   Adrian J. Maizey
Title:   Chief Operating Officer and Secretary
LGP Malted Coinvest LLC
By: Peridot Coinvest Manager LLC, its Manager
By: Leonard Green & Partners, L.P., its Manager
By: LGP Management, Inc., its General Partner
By:  

/S/ ADRIAN J. MAIZEY

Name:   Adrian J. Maizey
Title:   Chief Operating Officer and Secretary
GEI Capital VI, LLC
By:  

/S/ ADRIAN J. MAIZEY

Name:   Adrian J. Maizey
Title:   Chief Operating Officer and Secretary
Green VI Holdings, LLC
By:  

/S/ ADRIAN J. MAIZEY

Name:   Adrian J. Maizey
Title:   Chief Operating Officer and Secretary
Leonard Green & Partners, L.P.
By: LGP Management, Inc., its General Partner
By:  

/S/ ADRIAN J. MAIZEY

Name:   Adrian J. Maizey
Title:   Chief Operating Officer and Secretary


CUSIP No. 819047 101    Schedule 13D/A    Page 15 of 16 Pages

 

LGP Management, Inc.
By:  

/S/ ADRIAN J. MAIZEY

Name:   Adrian J. Maizey
Title:   Chief Operating Officer and Secretary
Peridot Coinvest Manager LLC
By: Leonard Green & Partners, L.P., its Manager
By: LGP Management, Inc., its General Partner
By:  

/S/ ADRIAN J. MAIZEY

Name:   Adrian J. Maizey
Title:   Chief Operating Officer and Secretary

/S/ ADRIAN J. MAIZEY

Adrian J. Maizey, as Attorney-in-Fact for
Jonathan D. Sokoloff

/S/ ADRIAN J. MAIZEY

Adrian J. Maizey, as Attorney-in-Fact for
J. Kristofer Galashan


CUSIP No. 819047 101    Schedule 13D/A    Page 16 of 16 Pages

 

SCHEDULE 1

Directors and Executive Officers of LGPM

 

Name

  

Position with LGPM

John G. Danhakl

   Director, Executive Vice President and Managing Partner

Jonathan D. Sokoloff

   Director, Executive Vice President and Managing Partner

Jonathan A. Seiffer

   Senior Vice President

John M. Baumer

   Senior Vice President

Timothy J. Flynn

   Senior Vice President

James D. Halper

   Senior Vice President

Todd M. Purdy

   Senior Vice President

Michael S. Solomon

   Senior Vice President

W. Christian McCollum

   Senior Vice President

Usama N. Cortas

   Senior Vice President

J. Kristofer Galashan

   Senior Vice President

Alyse M. Wagner

   Senior Vice President

Cody L. Franklin

   Chief Financial Officer and Assistant Secretary

Adrian Maizey

   Chief Operating Officer and Secretary

Andrew C. Goldberg

   General Counsel

Lily W. Chang

   Vice President – Portfolio Services

Lance J.T. Schumacher

   Vice President – Tax

Reginald E. Holden

   Vice President – Procurement

Michael J. Kirton

   Vice President

Adam T. Levyn

   Vice President

Jeffrey Suer

   Vice President

John J. Yoon

   Vice President