*
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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 the disclosures provided in a prior cover page.
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CUSIP NO. 300614500
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Page 2 of 12 Pages
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1.
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Names of Reporting Persons
SOROS FUND MANAGEMENT LLC
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2.
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Check the Appropriate Box If a Member of a Group (See Instructions)
a. ☐ b. ☒
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3.
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SEC Use Only
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4.
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Citizenship or Place of Organization
DELAWARE
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Number of
Shares
Beneficially
Owned By
Each
Reporting
Person
With
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5.
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Sole Voting Power
0
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6.
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Shared Voting Power
0
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7.
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Sole Dispositive Power
0
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8.
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Shared Dispositive Power
0
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9.
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Aggregate Amount Beneficially Owned by Each Reporting Person
0
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10.
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Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐
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11.
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Percent of Class Represented By Amount in Row (9)
0%
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12.
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Type of Reporting Person (See Instructions)
OO
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CUSIP NO. 300614500
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Page 3 of 12 Pages
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1.
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Names of Reporting Persons
GEORGE SOROS
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2.
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Check the Appropriate Box If a Member of a Group (See Instructions)
a. ☐ b. ☒
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3.
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SEC Use Only
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4.
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Citizenship or Place of Organization
UNITED STATES
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Number of
Shares
Beneficially
Owned By
Each
Reporting
Person
With
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5.
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Sole Voting Power
0
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6.
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Shared Voting Power
0
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7.
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Sole Dispositive Power
0
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8.
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Shared Dispositive Power
0
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9.
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Aggregate Amount Beneficially Owned by Each Reporting Person
0
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10.
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Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐
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11.
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Percent of Class Represented By Amount in Row (9)
0%
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12.
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Type of Reporting Person (See Instructions)
IN
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CUSIP NO. 300614500
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Page 4 of 12 Pages
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1.
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Names of Reporting Persons
ROBERT SOROS
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2.
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Check the Appropriate Box If a Member of a Group (See Instructions)
a. ☐ b. ☒
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3.
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SEC Use Only
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4.
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Citizenship or Place of Organization
UNITED STATES
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Number of
Shares
Beneficially
Owned By
Each
Reporting
Person
With
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5.
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Sole Voting Power
0
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6.
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Shared Voting Power
0
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7.
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Sole Dispositive Power
0
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8.
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Shared Dispositive Power
0
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9.
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Aggregate Amount Beneficially Owned by Each Reporting Person
0
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10.
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Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐
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11.
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Percent of Class Represented By Amount in Row (9)
0%
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12.
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Type of Reporting Person (See Instructions)
IN
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CUSIP NO. 300614500
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Page 5 of 12 Pages
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Item 1(a).
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Name of Issuer:
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Exa Corporation (the “Issuer”).
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Item 1(b).
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Address of the Issuer’s Principal Executive Offices:
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55 Network Drive
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Burlington, MA 01803
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Item 2(a).
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Name of Person Filing
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The Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):
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i) Soros Fund Management LLC (“SFM LLC”);
ii) George Soros; and
iii) Robert Soros.
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This statement relates to Shares (as defined herein) that were held for the account of Quantum Partners LP, a Cayman Islands exempted limited partnership (“Quantum Partners”). SFM LLC serves as principal investment manager to Quantum Partners. As such, SFM LLC has been granted investment discretion over portfolio investments, including the Shares, that were held for the account of Quantum Partners. George Soros serves as Chairman and Manager of SFM LLC and Robert Soros serves as Manager of SFM LLC.
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Item 2(b).
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Address of Principal Business Office or, if None, Residence:
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The address of the principal business office of each of the Reporting Persons is 250 West 55th Street, 38th Floor, New York, NY 10019.
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Item 2(c).
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Citizenship:
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i) SFM LLC is a Delaware limited liability company;
ii) George Soros is a United States citizen; and
iii) Robert Soros is a United States citizen.
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Item 2(d).
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Title of Class of Securities:
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Common Stock, $0.001 par value (the “Shares”).
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Item 2(e).
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CUSIP Number:
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300614500
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CUSIP NO. 300614500
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Page 6 of 12 Pages
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Item 3.
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If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
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This Item 3 is not applicable.
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Item 4.
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Ownership:
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Item 4(a).
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Amount Beneficially Owned:
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As of November 17, 2017, following the consummation of an all cash tender offer, each of the Reporting Persons may be deemed to be the beneficial owner of 0 Shares.
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Item 4(b).
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Percent of Class:
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As of November 17, 2017, each of the Reporting Persons may be deemed to be the beneficial owner of 0% of the total number of Shares outstanding.
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Item 4(c).
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Number of shares as to which such person has:
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SFM LLC
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(i) Sole power to vote or direct the vote
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0
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(ii) Shared power to vote or to direct the vote
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0
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(iii) Sole power to dispose or to direct the disposition of
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0
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(iv) Shared power to dispose or to direct the disposition of
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0
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George Soros
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(i) Sole power to vote or direct the vote
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0
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(ii) Shared power to vote or to direct the vote
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0
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(iii) Sole power to dispose or to direct the disposition of
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0
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(iv) Shared power to dispose or to direct the disposition of
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0
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Robert Soros
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(i) Sole power to vote or direct the vote
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0
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(ii) Shared power to vote or to direct the vote
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0
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(iii) Sole power to dispose or to direct the disposition of
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0
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(iv) Shared power to dispose or to direct the disposition of
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0
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CUSIP NO. 300614500
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Page 7 of 12 Pages
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Item 5.
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Ownership of Five Percent or Less of a Class:
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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 securities, check the following [X].
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Item 6.
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Ownership of More than Five Percent on Behalf of Another Person:
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The partners of Quantum Partners were entitled to receive, or had the power to direct, the receipt of dividends from or the proceeds of sales of the Shares that were held for the account of Quantum Partners, in accordance with their ownership interests in Quantum Partners.
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Item 7.
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Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
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This Item 7 is not applicable.
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Item 8.
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Identification and Classification of Members of the Group:
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This Item 8 is not applicable.
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Item 9.
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Notice of Dissolution of Group:
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This Item 9 is not applicable.
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Item 10.
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Certification:
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By signing below each of the Reporting Persons certifies that, to the best of such person’s 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.
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CUSIP NO. 300614500
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Page 8 of 12 Pages
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Date: February 14, 2018
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SOROS FUND MANAGEMENT LLC
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By:
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/s/ Regan O’Neill | ||
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Regan O’Neill
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Assistant General Counsel
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Date: February 14, 2018
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GEORGE SOROS
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By:
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/s/ Regan O’Neill | ||
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Regan O’Neill
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Attorney-in-Fact
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Date: February 14, 2018
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ROBERT SOROS
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By:
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/s/ Regan O’Neill | ||
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Regan O’Neill
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Attorney-in-Fact
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CUSIP NO. 300614500
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Page 9 of 12 Pages
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Page No. | ||||||
A.
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Joint Filing Agreement, dated as of February 14, 2018, by and among Soros Fund Management LLC, George Soros, and Robert Soros
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10
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B.
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Power of Attorney, dated as of November 24, 2015, granted by George Soros in favor of Maryann Canfield, Jodye Anzalotta, Jay Schoenfarber, Thomas O’Grady, Regan O’Neill and Robert Soros
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11
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C.
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Power of Attorney, dated as of November 30, 2015, granted by Robert Soros in favor of Maryann Canfield, Jodye Anzalotta, Jay Schoenfarber, Thomas O’Grady and Regan O’Neill
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12
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CUSIP NO. 300614500
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Page 10 of 12 Pages
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Date: February 14, 2018
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SOROS FUND MANAGEMENT LLC
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By:
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/s/ Regan O’Neill | ||
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Regan O’Neill
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Assistant General Counsel
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Date: February 14, 2018
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GEORGE SOROS
|
|||
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By:
|
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/s/ Regan O’Neill | ||
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Regan O’Neill
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Attorney-in-Fact
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Date: February 14, 2018
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ROBERT SOROS
|
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By:
|
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/s/ Regan O’Neill | ||
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Regan O’Neill
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Attorney-in-Fact
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CUSIP NO. 300614500
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Page 11 of 12 Pages
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CUSIP NO. 300614500
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Page 12 of 12 Pages
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