0000904454-21-000192.txt : 20210212 0000904454-21-000192.hdr.sgml : 20210212 20210212170615 ACCESSION NUMBER: 0000904454-21-000192 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210212 DATE AS OF CHANGE: 20210212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PARTS iD, Inc. CENTRAL INDEX KEY: 0001698113 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311] IRS NUMBER: 813674868 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90182 FILM NUMBER: 21629283 BUSINESS ADDRESS: STREET 1: 1308 RACE STREET, SUITE 200 CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 513-618-7161 MAIL ADDRESS: STREET 1: 1308 RACE STREET, SUITE 200 CITY: CINCINNATI STATE: OH ZIP: 45202 FORMER COMPANY: FORMER CONFORMED NAME: Legacy Acquisition Corp. DATE OF NAME CHANGE: 20170214 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Westchester Capital Management, LLC CENTRAL INDEX KEY: 0001512805 IRS NUMBER: 273790558 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 100 SUMMIT LAKE DRIVE CITY: VALHALLA STATE: NY ZIP: 10595 BUSINESS PHONE: 914-741-5600 MAIL ADDRESS: STREET 1: 100 SUMMIT LAKE DRIVE CITY: VALHALLA STATE: NY ZIP: 10595 SC 13G/A 1 s13ga_123120-legacyacq.htm SCHEDULE 13G/A

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
SCHEDULE 13G
(Rule 13d-102)
 
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
 
 
LEGACY ACQUISITION CORP.
(Name of Issuer)
 
Class A common stock, par value $0.0001 per share
(Title of Class of Securities)
 
 
524643103
(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:
[X] 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).



CUSIP No. 524643103


1. .
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Westchester Capital Management, LLC
27-3790558
 
2. .
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [   ]
 
(b)  [X]
 
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
 
None
7.
SOLE DISPOSITIVE POWER
 
0
8.
SHARED DISPOSITIVE POWER
 
None
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
[   ]
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0%*
12.
TYPE OF REPORTING PERSON
IA
 

*  The shares previously reported by Westchester Capital Management, LLC (“WCM”) on Schedule 13G were sold. This percentage is calculated as of the close of business on December 31, 2020, at which point WCM no longer held shares of Common Stock of the Issuer.



2

CUSIP No. 524643103


1.
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Westchester Capital Partners, LLC
13-3869675
 
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [   ]
 
(b)  [X]
 
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
 
None
7.
SOLE DISPOSITIVE POWER
 
0
8.
SHARED DISPOSITIVE POWER
 
None
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
[   ]
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0%*
12.
TYPE OF REPORTING PERSON
 
IA

* The shares previously reported by Westchester Capital Partners LLC (“WCP”) on Schedule 13G were sold. This percentage is calculated as of the close of business on December 31, 2020, at which point WCP no longer held shares of Common Stock of the Issuer.


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CUSIP No. 524643103


Item 1(a).
Name of Issuer
The name of the issuer to which this filing on Schedule 13G relates is Legacy Acquisition Corp. (the “Company”).
Item 1(b).
Address of Issuer’s Principal Executive Offices
The principal executive offices of the Company are located at 1308 Race Street, Suite 200, Cincinnati, Ohio 45202
Item 2(a).
Name of Person Filing
This statement is being filed jointly by the following (each, a "Reporting Person," and collectively, the "Reporting Persons"): Westchester Capital Management, LLC ("WCM"), a Delaware limited liability company and Westchester Capital Partners LLC ("WCP"), a Delaware limited liability company.
WCM, a registered investment adviser, serves as (a) investment advisor to each of The Merger Fund ("MF"), The Merger Fund VL (“MFVL”), WCM Alternatives: Credit Event Fund (“CEF”), WCM Alternatives: Event-Driven Fund ("EDF") and (b) sub-advisor to JNL/Westchester Capital Event Driven Fund (JNA2) (“JNL”). WCP, a registered investment adviser, serves as investment advisor to WCM Master Trust ("Master Trust", together with MF, MFVL, CEF, EDF and JNL the "Funds"). The Funds directly hold Common Stock for the benefit of the investors in those Funds. Mr. Roy Behren and Mr. Michael T. Shannon each serve as Co-Presidents of WCM and Co-Managers and members of WCP.  Messrs. Behren and Shannon are indirect principal owners of WCM and WCP and may control WCM and WCP.
The Reporting Persons often make acquisitions in, and dispose of, securities of an issuer on the same terms and conditions and at the same time.  Based on the foregoing and the relationships described herein, these parties may be deemed to constitute a “group” for purposes of Section 13(g)(3) of the Act. The filing of this statement shall not be construed as an admission that the Reporting Persons are a group, or have agreed to act as a group.
Item 2(b).
Address or Principal Business Office or, if none, Residence:
100 Summit Drive, Valhalla, NY 10595
Item 2(c).
Citizenship
Each of WCM and WCP are organized under the laws of the State of Delaware.
Item 2(d).
Title of Class of Securities
The class of equity securities of the Company to which this filing on Schedule 13G relates is Class A common stock, par value $0.0001 per share (“Common Stock”).
Item 2(e).
CUSIP Number
The CUSIP number for the Common Stock is 524643103.
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. 73c).
 
(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)
[X]  An investment adviser in accordance with §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)
[   ]  Group, in accordance with §240.13d-1(b)(1)(ii)(J).
 
 
[   ]  If this statement is filed pursuant to §240.13d-1(c), check this box.




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CUSIP No. 524643103



Item 4.
 Ownership
The information set forth in Rows 5 through 11 of the cover pages to this Schedule 13G is incorporated herein by reference.  WCM as (a) investment advisor to each of MF, MFVL, CEF, EDF and (b) the sub-advisor to JNL may be deemed to beneficially own shares of Common Stock held by MF, MFVL, CEF, EDF and JNL. WCP, as investment advisor to Master Trust may be deemed to beneficially own shares of Common Stock held by the Master Trust. Messrs. Behren and Shannon each serve as Co-Presidents of WCM and Co-Managers and members of WCP.  By virtue of these relationships, WCM, WCP and Messrs. Behren and Shannon may be deemed to beneficially own the Common Stock held by the Funds, however, each of the Reporting Persons and Messrs. Behren and Shannon disclaim beneficial ownership of such shares of Common Stock, except to the extent of their pecuniary interest therein. The filing of this Statement shall not be construed as an admission that the Reporting Persons and Messrs. Behren and Shannon are, for the purpose of Section 13(g) of the Act, the beneficial owner of such shares held by the Funds.
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 [X].
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
Not Applicable.
Item 9.
Notice of Dissolution of Group
Not Applicable.
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, other than activities solely in connection with a nomination under §240.14a-11.



5

CUSIP No. 524643103


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 12, 2021

 
WESTCHESTER CAPITAL MANAGEMENT, LLC
 
 
 
 
 
 
 
By:
/s/ Bruce Rubin
 
 
Name:
Bruce Rubin
 
 
Title:
Chief Operating Officer
 
       
       
 
WESTCHESTER CAPITAL PARTNERS, INC.
 
 
 
 
 
 
By:
/s/ Bruce Rubin
 
 
Name:
Bruce Rubin
 
 
Title:
Chief Compliance Officer
 
 
 
 
 
       






6



Exhibit A

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Class A common stock of Legacy Acquisition Corp., and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filing. In evidence thereof, the undersigned, being duly authorized, hereby execute this Joint Filing Agreement as of February 12, 2021.

Dated:  February 12, 2021

 
WESTCHESTER CAPITAL MANAGEMENT, LLC
 
 
 
 
 
 
 
By:
/s/ Bruce Rubin
 
 
Name:
Bruce Rubin
 
 
Title:
Chief Operating Officer
 
       
       
 
WESTCHESTER CAPITAL PARTNERS, INC.
 
 
 
 
 
 
By:
/s/ Bruce Rubin
 
 
Name:
Bruce Rubin
 
 
Title:
Chief Compliance Officer
 
 
 
 
 
       

7