0000891092-21-001321.txt : 20210216 0000891092-21-001321.hdr.sgml : 20210216 20210216154916 ACCESSION NUMBER: 0000891092-21-001321 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20210216 DATE AS OF CHANGE: 20210216 GROUP MEMBERS: MATTHEW SIROVICH GROUP MEMBERS: SCOPIA MANAGEMENT, INC. GROUP MEMBERS: \JEREMY MINDICH SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Spirit AeroSystems Holdings, Inc. CENTRAL INDEX KEY: 0001364885 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC [3728] IRS NUMBER: 202436320 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-82329 FILM NUMBER: 21637492 BUSINESS ADDRESS: STREET 1: 3801 SOUTH OLIVER CITY: WICHITA STATE: KS ZIP: 67210 BUSINESS PHONE: 316.526.9000 MAIL ADDRESS: STREET 1: 3801 SOUTH OLIVER CITY: WICHITA STATE: KS ZIP: 67210 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SCOPIA CAPITAL MANAGEMENT LP CENTRAL INDEX KEY: 0001279150 IRS NUMBER: 300711986 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 152 WEST 57TH STREET STREET 2: 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-370-0303 MAIL ADDRESS: STREET 1: 152 WEST 57TH STREET STREET 2: 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: SCOPIA CAPITAL MANAGEMENT LLC DATE OF NAME CHANGE: 20130211 FORMER COMPANY: FORMER CONFORMED NAME: SCOPIA FUND MANAGEMENT LLC DATE OF NAME CHANGE: 20130116 FORMER COMPANY: FORMER CONFORMED NAME: SCOPIA FUND MANAGEMENT, LLC DATE OF NAME CHANGE: 20120410 SC 13G 1 e12562sc13g.htm SCHEDULE 13G Amendment No. 1 to Schedule 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.)*

 

 

Spirit AeroSystems Holdings, Inc.

(Name of Issuer)

Class A Common Stock, par value $0.01 per share

(Title of Class of Securities)

848574109

(CUSIP Number)

December 31, 2020

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

 

 

(1) 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.

The information required in 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.      848574109                

 

  1.   

NAME OF REPORTING PERSONS:

 

Scopia Capital Management LP

  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

 

Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON

WITH

   5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

5,728,699

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

5,728,699

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

5,728,699

10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.4%

12.  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN, IA

 


CUSIP No.      848574109                

 

  1.   

NAME OF REPORTING PERSONS:

 

Scopia Management, Inc.

  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

 

New York

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON

WITH

   5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

5,728,699

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

5,728,699

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

5,728,699

10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.4%

12.  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

CO, HC

 


CUSIP No.      848574109                

 

  1.   

NAME OF REPORTING PERSONS:

 

Matthew Sirovich

  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

 

United States

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON

WITH

   5.    

SOLE VOTING POWER

 

94,000

   6.   

SHARED VOTING POWER

 

5,728,699

   7.   

SOLE DISPOSITIVE POWER

 

94,000

   8.   

SHARED DISPOSITIVE POWER

 

5,728,699

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

5,822,699

10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.5%

12.  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN, HC

 


CUSIP No.      848574109                

 

  1.   

NAME OF REPORTING PERSONS:

 

Jeremy Mindich

  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

 

United States

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON

WITH

   5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

5,728,699

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

5,728,699

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

5,728,699

10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.4%

12.  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN, HC

 


CUSIP No.      848574109                

 

Item 1.    (a).    Name of Issuer:
     

Spirit AeroSystems Holdings, Inc. (the “Issuer”)

   (b).    Address of Issuer’s Principal Executive Offices:
     

3801 South Oliver

Wichita, Kansas 67210

Item 2.    (a).    Name of Person Filing:
     

Scopia Capital Management LP

Scopia Management, Inc.

Matthew Sirovich

Jeremy Mindich

   (b).    Address or Principal Business Office or, if None, Residence:
     

Scopia Capital Management LP

152 West 57th Street, 33rd Floor

New York, NY 10019

 

Scopia Management, Inc.

Matthew Sirovich

Jeremy Mindich

c/o Scopia Capital Management LP

152 West 57th Street, 33rd Floor

New York, NY 10019

   (c).    Citizenship:
     

Scopia Capital Management LP is Delaware limited partnership

Scopia Management, Inc. is a New York corporation

Matthew Sirovich is a United States citizen

Jeremy Mindich is a United States citizen

   (d).    Title of Class of Securities:
     

Class A Common Stock, par value $0.01 per share

   (e).    CUSIP Number:
     

848574109

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 association 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:
Item 4.    Ownership.
   Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.      
   Scopia Capital Management LP      
   (a)   Amount beneficially owned:
    

5,728,699

   (b)   Percent of class:
    

5.4%

   (c)   Number of shares as to which the person has:
     (i)    Sole power to vote or to direct the vote                  0,
     (ii)    Shared power to vote or to direct the vote    5,728,699,
     (iii)    Sole power to dispose or to direct the disposition of                  0,
     (iv)    Shared power to dispose or to direct the disposition of    5,728,699.


Scopia Management, Inc.
(a)    Amount beneficially owned:
   5,728,699                                                                                                                                                                                            
(b)    Percent of class:
   5.4%                                                                                                                                                                                                  
(c)    Number of shares as to which the person has:
   (i)   Sole power to vote or to direct the vote                  0,
   (ii)   Shared power to vote or to direct the vote    5,728,699,
   (iii)   Sole power to dispose or to direct the disposition of                  0,
   (iv)   Shared power to dispose or to direct the disposition of    5,728,699.
Matthew Sirovich   
(a)    Amount beneficially owned:
   5,822,699                                                                                                                                                                                            
(b)    Percent of class:
   5.5%                                                                                                                                                                                                  
(c)    Number of shares as to which the person has:
   (i)   Sole power to vote or to direct the vote         94,000,
   (ii)   Shared power to vote or to direct the vote    5,728,699,
   (iii)   Sole power to dispose or to direct the disposition of         94,000,
   (iv)   Shared power to dispose or to direct the disposition of    5,728,699.
Jeremy Mindich   
(a)    Amount beneficially owned:
   5,728,699                                                                                                                                                                                            


     (b)    Percent of class:
  

5.4%

   (c)    Number of shares as to which the person has:
      (i)    Sole power to vote or to direct the vote                  0,
      (ii)    Shared power to vote or to direct the vote    5,728,699,
      (iii)    Sole power to dispose or to direct the disposition of                  0,
      (iv)    Shared power to dispose or to direct the disposition of    5,728,699.
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 ☐.
  

 

Item 6.    Ownership of More Than Five Percent on Behalf of Another Person.
   If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
  

All securities reported in this Schedule 13G amendment are directly held by advisory clients of Scopia Capital Management LP. None of such advisory clients individually holds more than 5% of the Issuer’s outstanding shares.

Item 7.    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
   If a parent holding company or Control person has filed this schedule, pursuant to Rule 13d-1(b) (1) (ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary.
  

N/A

Item 8.    Identification and Classification of Members of the Group.
   If a group has filed this schedule pursuant to ss.240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §§ 240.13d-1(c) or §§ 240.13d-1(d), attach an exhibit stating the identity of each member of the group.
  

N/A


Item 9.

   Notice of Dissolution of Group.
   Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
  

N/A

Item 10.

   Certification.
   By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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.


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)
SCOPIA CAPITAL MANAGEMENT LP

By: /s/ Samantha Nasello

Name:   Samantha Nasello
Title:   CCO
SCOPIA MANAGEMENT, INC.

By: /s/ Aaron Morse

Name:   Aaron Morse
Title:   Vice President

By: /s/ Matthew Sirovich

Name:   Matthew Sirovich

By: /s/ Jeremy Mindich

Name:   Jeremy Mindich

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties for whom copies are to be sent.

Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).


EXHIBIT INDEX

 

99.1Joint Filing Agreement, dated February 16, 2021, by and among the Reporting Persons

 

EX-99.1 2 e12562sc13gex99-1.htm JOINT FILING AGREEMENT Amendment No. 1 to Schedule 13G

Exhibit 99.1

 

JOINT FILING AGREEMENT

 

In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them to Schedule 13G (including additional amendments thereto) with respect to the Class A Common Stock, par value $0.01 per share, of Spirit AeroSystems Holdings Inc. This Joint Filing Agreement shall be filed as an Exhibit to such Statement. The undersigned acknowledge that each shall be responsible for the timely filing of any amendments to such joint filing and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others.

Dated: February 16, 2021

 

   
  SCOPIA CAPITAL MANAGEMENT LP
   
  By: /s/ Samantha Nasello
  Name:  Samantha Nasello
  Title:  CCO
   
  SCOPIA MANAGEMENT, INC.
   
  By: /s/ Aaron Morse
  Name:  Aaron Morse
  Title:  Vice President
   
  By: /s/ Matthew Sirovich
  Name:  Matthew Sirovich
   
  By: /s/ Jeremy Mindich
  Name:  Jeremy Mindich