0001140361-22-005412.txt : 20220214 0001140361-22-005412.hdr.sgml : 20220214 20220214172529 ACCESSION NUMBER: 0001140361-22-005412 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20220214 DATE AS OF CHANGE: 20220214 GROUP MEMBERS: GLOBAL JOINT VENTURE INVESTMENT PARTNERS LP GROUP MEMBERS: NICK JONES GROUP MEMBERS: OA3, LLC GROUP MEMBERS: RICHARD ALLAN CARING GROUP MEMBERS: RONALD WAYNE BURKLE GROUP MEMBERS: YUCAIPA AMERICAN ALLIANCE (PARALLEL) FUND II, L.P. GROUP MEMBERS: YUCAIPA AMERICAN ALLIANCE FUND III, L.P. GROUP MEMBERS: YUCAIPA SOHO WORKS, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Membership Collective Group Inc. CENTRAL INDEX KEY: 0001846510 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-93187 FILM NUMBER: 22635118 BUSINESS ADDRESS: STREET 1: 515 W. 20TH STREET STREET 2: 5TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10011 BUSINESS PHONE: (212) 627-9800 MAIL ADDRESS: STREET 1: 515 W. 20TH STREET STREET 2: 5TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10011 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: YUCAIPA AMERICAN ALLIANCE FUND II LP CENTRAL INDEX KEY: 0001431428 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 9130 WEST SUNSET BOULEVARD CITY: LOS ANGELES STATE: CA ZIP: 90069 BUSINESS PHONE: 310 789-7200 MAIL ADDRESS: STREET 1: 9130 WEST SUNSET BOULEVARD CITY: LOS ANGELES STATE: CA ZIP: 90069 SC 13G 1 brhc10033841_sc13g.htm SC 13G

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
SCHEDULE 13G
 
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )*
 

Membership Collective Group Inc.
(Name of Issuer)
 
 Class A Common Stock, par value $0.01 per share
(Title of Class of Securities)
 
 586001109
(CUSIP Number)
 
 December 31, 2021
(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)
 
* 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).
 
Continued on following pages
Page 1 of Pages 15
Exhibit Index: Page  15



CUSIP No. 586001109
SCHEDULE 13G
Page 2 of  15 Pages

1
NAMES OF REPORTING PERSONS
 
 
Nick Jones
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)☒
   
(b)☐
 
 
3
SEC USE ONLY
 
 

 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
United Kingdom
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
12,042,171 (1)
 
 
 
 
6
SHARED VOTING POWER
 
 
0
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
12,042,171 (1)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
0
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
12,042,171 (1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.9% (2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
IN
 
 
 
 

(1)
Includes (i) 3,013,979 shares of Class A Common Stock (as defined herein) directly held by the reporting person, (ii) 8,767,615 shares of Class B Common Stock (as defined herein), which are convertible one-for-one into shares of Class A Common Stock, and (iii) 260,577 restricted shares of Class A Common Stock that vested 25% on July 19, 2021, and vest 25% on the first, second and third anniversaries of the August 25, 2020 original award grant date, subject to the reporting person’s continued employment.
 
(2)
Calculated based on the sum of (i) 61,029,730 shares of Class A Common Stock outstanding as of November 17, 2021 as reported on the Issuer’s quarterly report on Form 10-Q, filed on November 17, 2021, and (ii) 141,500,385 shares of Class B Common Stock held by the Voting Group (as defined herein), which are convertible one-for-one into shares of Class A Common Stock and have been added to the total shares of Class A Common Stock outstanding pursuant to Rule 13d-3(d)(1)(i) under the Act.
 

CUSIP No. 586001109
SCHEDULE 13G
Page 3 of 15 Pages

1
NAMES OF REPORTING PERSONS
 
 
Richard Allan Caring
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)☒
   
(b)☐
 
 
3
SEC USE ONLY
 
 

 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
United Kingdom
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
41,138,330 (1)
 
 
 
 
6
SHARED VOTING POWER
 
 
0
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
41,138,330 (1)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
0
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
41,138,330 (1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
20.3% (2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
IN
 
 
 
 
 
(1)
Represents shares of Class B Common Stock convertible one-for-one into shares of Class A Common Stock.
 
(2)
Calculated based on the sum of (i) 61,029,730 shares of Class A Common Stock outstanding as of November 17, 2021 as reported on the Issuer’s quarterly report on Form 10-Q, filed on November 17, 2021, and (ii) 141,500,385 shares of Class B Common Stock held by the Voting Group, which are convertible one-for-one into shares of Class A Common Stock and have been added to the total shares of Class A Common Stock outstanding pursuant to Rule 13d-3(d)(1)(i) under the Act.
 

CUSIP No. 586001109
SCHEDULE 13G
Page 4 of  15  Pages

1
NAMES OF REPORTING PERSONS
 
 
Ronald Wayne Burkle
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)☒
   
(b)☐
 
 
3
SEC USE ONLY
 
 

 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
United States of America
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
200,000
 
 
 
 
6
SHARED VOTING POWER
 
 
91,594,440 (1)
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
200,000
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
91,594,440 (1)
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
91,794,440 (1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
45.3% (2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
IN, HC
 
 
 
 

(1)
Includes 91,594,440 shares of Class B Common Stock convertible one-for-one into shares of Class A Common Stock.
 
(2)
Calculated based on the sum of (i) 61,029,730 shares of Class A Common Stock outstanding as of November 17, 2021 as reported on the Issuer’s quarterly report on Form 10-Q, filed on November 17, 2021, and (ii) 141,500,385 shares of Class B Common Stock held by the Voting Group, which are convertible one-for-one into shares of Class A Common Stock and have been added to the total shares of Class A Common Stock outstanding pursuant to Rule 13d-3(d)(1)(i) under the Act.
 

CUSIP No. 586001109
SCHEDULE 13G
Page 5 of 15 Pages

1
NAMES OF REPORTING PERSONS
 
 
Yucaipa American Alliance (Parallel) Fund II, L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(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
 
 
30,897,218 (1)
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
30,897,218 (1)
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
30,897,218 (1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
15.3% (2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
PN
 
 
 
 

(1)
Represents shares of Class B Common Stock convertible one-for-one into shares of Class A Common Stock.
 
(2)
Calculated based on the sum of (i) 61,029,730 shares of Class A Common Stock outstanding as of November 17, 2021 as reported on the Issuer’s quarterly report on Form 10-Q, filed on November 17, 2021, and (ii) 141,500,385 shares of Class B Common Stock held by the Voting Group, which are convertible one-for-one into shares of Class A Common Stock and have been added to the total shares of Class A Common Stock outstanding pursuant to Rule 13d-3(d)(1)(i) under the Act.
 

CUSIP No. 586001109
SCHEDULE 13G
Page 6 of 15 Pages

1
NAMES OF REPORTING PERSONS
 
 
Yucaipa American Alliance Fund II, L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(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
 
 
46,899,423 (1)
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
46,899,423 (1)
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
46,899,423 (1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
23.2% (2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
PN
 
 
 
 

(1)
Represents shares of Class B Common Stock convertible one-for-one into shares of Class A Common Stock.
 
(2)
Calculated based on the sum of (i) 61,029,730 shares of Class A Common Stock outstanding as of November 17, 2021 as reported on the Issuer’s quarterly report on Form 10-Q, filed on November 17, 2021, and (ii) 141,500,385 shares of Class B Common Stock held by the Voting Group, which are convertible one-for-one into shares of Class A Common Stock and have been added to the total shares of Class A Common Stock outstanding pursuant to Rule 13d-3(d)(1)(i) under the Act.
 

CUSIP No. 586001109
SCHEDULE 13G
Page 7 of 15  Pages

1
NAMES OF REPORTING PERSONS
 
 
Yucaipa American Alliance Fund III, L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(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
 
 
1,123,325 (1)
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
1,123,325 (1)
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
1,123,325 (1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
0.6% (2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
PN
 
 
 
 

(1)
Represents shares of Class B Common Stock convertible one-for-one into shares of Class A Common Stock.
 
(2)
Calculated based on the sum of (i) 61,029,730 shares of Class A Common Stock outstanding as of November 17, 2021 as reported on the Issuer’s quarterly report on Form 10-Q, filed on November 17, 2021, and (ii) 141,500,385 shares of Class B Common Stock held by the Voting Group, which are convertible one-for-one into shares of Class A Common Stock and have been added to the total shares of Class A Common Stock outstanding pursuant to Rule 13d-3(d)(1)(i) under the Act.
 

CUSIP No. 586001109
SCHEDULE 13G
Page 8 of 15 Pages

1
NAMES OF REPORTING PERSONS
 
 
Yucaipa Soho Works, Inc.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(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
 
 
353,763 (1)
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
353,763 (1)
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
353,763 (1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
0.2% (2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
CO
 
 
 
 

(1)
Represents shares of Class B Common Stock convertible one-for-one into shares of Class A Common Stock.
 
(2)
Calculated based on the sum of (i) 61,029,730 shares of Class A Common Stock outstanding as of November 17, 2021 as reported on the Issuer’s quarterly report on Form 10-Q, filed on November 17, 2021, and (ii) 141,500,385 shares of Class B Common Stock held by the Voting Group, which are convertible one-for-one into shares of Class A Common Stock and have been added to the total shares of Class A Common Stock outstanding pursuant to Rule 13d-3(d)(1)(i) under the Act.
 

CUSIP No. 586001109
SCHEDULE 13G
Page 9 of 15 Pages

1
NAMES OF REPORTING PERSONS
 
 
Global Joint Venture Investment Partners LP
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)☒
   
(b)☐
 
 
3
SEC USE ONLY
 
 

 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
0
 
 
 
 
6
SHARED VOTING POWER
 
 
10,871,215 (1)
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
10,871,215 (1)
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
10,871,215 (1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.4% (2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
PN
 
 
 
 

(1)
Represents shares of Class B Common Stock convertible one-for-one into shares of Class A Common Stock.
 
(2)
Calculated based on the sum of (i) 61,029,730 shares of Class A Common Stock outstanding as of November 17, 2021 as reported on the Issuer’s quarterly report on Form 10-Q, filed on November 17, 2021, and (ii) 141,500,385 shares of Class B Common Stock held by the Voting Group, which are convertible one-for-one into shares of Class A Common Stock and have been added to the total shares of Class A Common Stock outstanding pursuant to Rule 13d-3(d)(1)(i) under the Act.
 

CUSIP No. 586001109
SCHEDULE 13G
Page 10 of 15 Pages

1
NAMES OF REPORTING PERSONS
 
 
OA3, LLC
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(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
 
 
1,449,496 (1)
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
1,449,496 (1)
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
1,449,496 (1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
0.7% (2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
OO
 
 
 
 

(1)
Represents shares of Class B Common Stock convertible one-for-one into shares of Class A Common Stock.
 
(2)
Calculated based on the sum of (i) 61,029,730 shares of Class A Common Stock outstanding as of November 17, 2021 as reported on the Issuer’s quarterly report on Form 10-Q, filed on November 17, 2021, and (ii) 141,500,385 shares of Class B Common Stock held by the Voting Group, which are convertible one-for-one into shares of Class A Common Stock and have been added to the total shares of Class A Common Stock outstanding pursuant to Rule 13d-3(d)(1)(i) under the Act.
 

CUSIP No. 586001109
SCHEDULE 13G
Page 11 of 15 Pages

Item 1(a).
Name of Issuer

Membership Collective Group Inc. (the “Issuer”)

Item 1(b).
Address of the Issuer’s Principal Executive Offices

515 W. 20th Street, 5th Floor
New York, NY, 10011

Item 2(a).
Names of Persons Filing

This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):


1)
Nick Jones (“Mr. Jones”);

2)
Richard Allan Caring (“Mr. Caring”);

3)
Ronald Wayne Burkle (“Mr. Burkle”);

4)
Yucaipa American Alliance (Parallel) Fund II, L.P. (“Parallel Fund”);

5)
Yucaipa American Alliance Fund II, L.P. (“Fund II”);

6)
Yucaipa American Alliance Fund III, L.P. (“Fund III”);

7)
Yucaipa Soho Works, Inc. (“Soho Fund” and, together with Parallel Fund, Fund III and Fund II, the “Yucaipa Funds”);

8)
Global Joint Venture Investment Partners LP (“Global JV”); and

9)
OA3, LLC (“OA3”).

Mr. Jones is the founder and Chief Executive Officer of the Issuer and serves as a director on the Issuer’s board of directors (the “Board”).  Mr. Caring serves as a director on Board.  Mr. Burkle serves as Executive Chairman and a director of the Board.  In addition, Mr. Burkle is the controlling partner of an affiliate of the Yucaipa Funds, of Global JV and of OA3 and, as such, may be deemed to have voting and dispositive control of the shares of Class A Common Stock held by each of the Yucaipa Funds, Global JV and OA3. Mr. Burkle disclaims beneficial ownership over these securities, except to the extent of his pecuniary interest therein.

Each of Mr. Jones, Mr. Caring, Parallel Fund and Fund II is a party to a Stockholders’ Agreement with the Issuer pursuant to which he/it agreed, on behalf of himself/itself and certain of his/its affiliates and family members (which includes each of the Reporting Persons), to vote together as a group with respect to certain matters concerning the Issuer (the “Voting Group”), so long as the Voting Group owns a requisite percentage of the Issuer’s total outstanding common stock. The members of the Voting Group, in the aggregate, hold all of the Issuer’s issued and outstanding Class B common stock, $0.01 par value (the “Class B Common Stock”), as well as 3,474,556 shares of Class A Common Stock as of the date hereof.  Each share of Class B Common Stock is entitled to ten votes per share.  As a result, when voting together as a group, the Voting Group controls over 90% of the combined voting power of the Issuer and is able to control any action requiring Issuer shareholder approval.  Each member of the Voting Group disclaims voting and dispositive power over the shares of Class A Common Stock and Class B Common Stock held by the other members of the Voting Group.

Item 2(b).
Address of the Principal Business Office, or if none, Residence:

Mr. Jones and Mr. Caring
c/o Membership Collective Group Inc.
515 W. 20th Street, 5th Floor
New York, NY, 10011

Mr. Burkle, the Yucaipa Funds, Global JV and OA3
c/o The Yucaipa Companies
9130 West Sunset Boulevard
Los Angeles, CA 90069

Item 2(c).
Citizenship

Each of Mr. Jones and Mr. Caring are citizens of the United Kingdom.  Mr. Burkle is a citizen of the United States of America. Each of Parallel Fund, Fund II and Fund III is a Delaware limited partnership.  Soho Fund is a Delaware corporation.  Global JV is a Cayman Islands limited partnership.  OA3 LLC is a Delaware limited liability company.


CUSIP No. 586001109
SCHEDULE 13G
Page 12 of 15 Pages

Item 2(d).
Title of Class of Securities

Class A Common Stock, par value $0.01 per share (the “Class A Common Stock”)

Item 2(e).
CUSIP Number

586001109

Item 3.
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a(n):

Not Applicable.

Item 4.
Ownership

Item 4(a)
Amount beneficially owned:

As of December 31, 2021, the Voting Group may be deemed to beneficially own 144,974,941 shares of Class A Common Stock.  This amount consists of: (i) 3,013,979 shares of Class A Common Stock held directly by Mr. Jones; (ii) 8,767,615 shares of Class B Common Stock held directly by Mr. Jones; (iii) 260,577 restricted shares of Class A Common Stock held direct by Mr. Jones that vested 25% on July 19, 2021, and vest 25% on the first, second and third anniversaries of the August 25, 2020 original award grant date, subject to Mr. Jones’ continued employment; (iv) 41,138,330 shares of Class B Common Stock held directly by Mr. Caring; (v) 200,000 shares of Class A Common Stock held directly by Mr. Burkle; (vi) 30,897,218 shares of Class B Common Stock held directly by Parallel Fund; (vii) 46,899,423 shares of Class B Common Stock held directly held by Fund II; (viii) 1,123,325 shares of Class B Common Stock held directly by Fund III; (ix) 353,763 shares of Class B Common Stock held directly held by Soho Fund; (x) 10,871,215 shares of Class B Common stock held directly by Global JV; and (xi) 1,449,496 shares of Class B Common Stock held directly by OA3.  Each shares of Class B common stock is convertible one-for-one into shares of Class A Common Stock.

Item 4(b)
Percent of Class:

As of December 31, 2021, the Voting Group may be deemed the beneficial owner of 71.6% of the shares of Class A Common Stock outstanding.  This amount includes: (i) 5.9% beneficially owned by Mr. Jones; (ii) 20.3% beneficially owned by Mr. Caring; (iii) 45.3% beneficially owned by Mr. Burkle; (iv) 15.3% beneficially owned by Parallel Fund; (v) 23.2% beneficially owned by Fund II; (vi) 0.6% beneficially owned by Fund III; (vii) 0.2% beneficially owned by Soho Fund; (viii) 5.4% beneficially owned by Global JV; and (ix) 0.7% beneficially owned by OA3.

The foregoing percentages are calculated based on the sum of (i) 61,029,730 shares of Class A Common Stock outstanding as of November 17, 2021 as reported on the Issuer’s quarterly report on Form 10-Q, filed on November 17, 2021, and (ii) 141,500,385 shares of Class B Common Stock held by the Voting Group, which are convertible one-for-one into shares of Class A Common Stock and have been added to the total shares of Class A Common Stock outstanding pursuant to Rule 13d-3(d)(1)(i) under the Act.

Item 4(c)
Number of shares as to which the Reporting Person has:

(i)Sole power to vote or to direct the vote:

(ii)Shared power to vote or to direct the vote:

(iii)Sole power to dispose or to direct the disposition of:

(iv)Shared power to dispose or to direct the disposition of:

The Voting Group may be deemed to have shared voting power over all 144,974,941 shares of Class A Common Stock beneficially owned by the Voting Group. For each individual Reporting Person, see responses to Items 5-8 on their respective cover pages.

Item 5.
Ownership of Five Percent or Less of a Class

Not Applicable.


CUSIP No. 586001109
SCHEDULE 13G
Page 13 of 15  Pages

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

Not Applicable.

Item 8.
Identification and Classification of Members of the Group

Each of Mr. Jones, Mr. Caring, Parallel Fund and Fund II is a party to a Stockholders’ Agreement with the Issuer pursuant to which he/it agreed, on behalf of himself/itself and certain of his/its affiliates and family members (which includes each of the Reporting Persons), to vote together as a group with respect to certain matters concerning the Issuer (defined herein as the “Voting Group”), so long as the Voting Group owns a requisite percentage of the Issuer’s total outstanding common stock. The members of the Voting Group, in the aggregate, hold all of the Issuer’s issued and outstanding Class B Common Stock, as well as 3,474,556 shares of Class A Common Stock as of the date hereof.  Each share of Class B Common Stock is entitled to ten votes per share.  As a result, when voting together as a group, the Voting Group controls over 90% of the combined voting power of the Issuer and is able to control any action requiring Issuer shareholder approval.  Each member of the Voting Group disclaims voting and dispositive power over the shares of Class A Common Stock and Class B Common Stock held by the other members of the Voting Group.

Item 9.
Notice of Dissolution of Group

Not Applicable.

Item 10.
Certification

Not Applicable.


CUSIP No. 586001109
SCHEDULE 13G
Page 14 of 15  Pages

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.
 
Dated: February 14, 2022

 
Nick Jones
 
/s/ Nick Jones
   
 
Richard Allan Caring
 
/s/ Richard Allan Caring
   
 
Ronald Wayne Burkle
 
/s/ Ronald Wayne Burkle
   
 
Yucaipa American Alliance (Parallel) Fund II, L.P.
 
Yucaipa American Alliance Fund II, L.P.
 
Yucaipa American Alliance Fund III, L.P.
 
Yucaipa Soho Works, Inc.
 
Global Joint Venture Investment Partners LP
 
OA3, LLC
   
 
By:  /s/ Ronald Wayne Burkle
 
Name:  Ronald Wayne Burkle
 
Title:  Controlling Partner


CUSIP No. 586001109
SCHEDULE 13G
Page 15 of 15 Pages

EXHIBIT INDEX
Ex.
 
Page No.
Joint Filing Agreement
16



EX-99.1 2 brhc10033841_exa.htm EXHIBIT A

EXHIBIT A

JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13G with respect to the Class A Common Stock of Membership Collective Group Inc. dated as of February 14, 2022 is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

Dated: February 14, 2022

 
Nick Jones
 
/s/ Nick Jones
   
 
Richard Allan Caring
 
/s/ Richard Allan Caring
   
 
Ronald Wayne Burkle
 
/s/ Ronald Wayne Burkle
   
   
 
Yucaipa American Alliance (Parallel) Fund II, L.P.
 
Yucaipa American Alliance Fund II, L.P.
 
Yucaipa American Alliance Fund III, L.P.
 
Yucaipa Soho Works, Inc.
 
Global Joint Venture Investment Partners LP
 
OA3, LLC
   
 
By:  /s/ Ronald Wayne Burkle
 
Name:  Ronald Wayne Burkle
 
Title:  Controlling Partner