0001568243-16-000008.txt : 20160907
0001568243-16-000008.hdr.sgml : 20160907
20160907092215
ACCESSION NUMBER: 0001568243-16-000008
CONFORMED SUBMISSION TYPE: SC 13G/A
CONFIRMING COPY:
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20160902
DATE AS OF CHANGE: 20160907
GROUP MEMBERS: GRIZZLYROCK CAPITAL, LLC
GROUP MEMBERS: GRIZZLYROCK GP, LLC
GROUP MEMBERS: GRIZZLYROCK VALUE PARTNERS, L.P.
GROUP MEMBERS: KYLE MOWERY
GROUP MEMBERS: VIVALDI ASSET MANAGEMENT, LLC
GROUP MEMBERS: VIVALDI HOLDINGS, LLC
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Fifth Street Asset Management Inc.
CENTRAL INDEX KEY: 0001611988
STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282]
IRS NUMBER: 465610118
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-88389
BUSINESS ADDRESS:
STREET 1: 777 WEST PUTNAM AVENUE, 3RD FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: (203) 992-4533
MAIL ADDRESS:
STREET 1: 777 WEST PUTNAM AVENUE, 3RD FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: GrizzlyRock Value Partners, LP
CENTRAL INDEX KEY: 0001568243
IRS NUMBER: 273731559
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
STREET 1: 191 N. WACKER DRIVE
STREET 2: SUITE 1500
CITY: CHICAGO
STATE: IL
ZIP: 60606
BUSINESS PHONE: (312) 300-4983
MAIL ADDRESS:
STREET 1: 191 N. WACKER DRIVE
STREET 2: SUITE 1500
CITY: CHICAGO
STATE: IL
ZIP: 60606
SC 13G/A
1
GrizzlyRock13GAFSAM.txt
GRIZZLYROCK 13G/A
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20594
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Fifth Street Asset Management Inc.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
31679P109
(CUSIP Number)
September 1, 2016
(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)
[ x ] 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 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).
This is the final amendment to this Schedule 13G and an exit filing
with respect to each Reporting Person listed in Item 2(a).
1 NAME OF REPORTING PERSON
GrizzlyRock Capital, LLC
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
None
6 SHARED VOTING POWER
0
7 SOLE DISPOSITIVE POWER
None
8 SHARED DISPOSITIVE POWER
0
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
0.0%
12 TYPE OF REPORTING PERSON*
OO
1 NAME OF REPORTING PERSON
GrizzlyRock GP, LLC
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
None
6 SHARED VOTING POWER
0
7 SOLE DISPOSITIVE POWER
None
8 SHARED DISPOSITIVE POWER
0
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
0.0%
12 TYPE OF REPORTING PERSON*
OO
1 NAME OF REPORTING PERSON
GrizzlyRock Value Partners, L.P.
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
None
6 SHARED VOTING POWER
0
7 SOLE DISPOSITIVE POWER
None
8 SHARED DISPOSITIVE POWER
0
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
0.0%
12 TYPE OF REPORTING PERSON*
OO
1 NAME OF REPORTING PERSON
Kyle Mowery
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ x ]
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
None
6 SHARED VOTING POWER
0
7 SOLE DISPOSITIVE POWER
None
8 SHARED DISPOSITIVE POWER
0
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
0.0%
12 TYPE OF REPORTING PERSON*
IN
1 NAME OF REPORTING PERSON
Vivaldi Asset Management, LLC
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
None
6 SHARED VOTING POWER
0
7 SOLE DISPOSITIVE POWER
None
8 SHARED DISPOSITIVE POWER
0
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
0.0%
12 TYPE OF REPORTING PERSON*
OO
1 NAME OF REPORTING PERSON
Vivaldi Holdings, LLC
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
None
6 SHARED VOTING POWER
0
7 SOLE DISPOSITIVE POWER
None
8 SHARED DISPOSITIVE POWER
0
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
0.0%
12 TYPE OF REPORTING PERSON*
OO
*SEE INSTRUCTIONS
Item 1(a) Name of Issuer:
First Street Asset Management Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
777 West Putnam Avenue, 3rd Floor, Greenwich, Connecticut 06830
Item 2(a) Name of Person Filing:
1. GrizzlyRock Capital, LLC ("Capital")
2. GrizzlyRock GP, LLC (the "General Partner")
3. GrizzlyRock Value Partners, L.P. (the "Fund")
4. Kyle Mowery
5. Vivaldi Asset Management, LLC ("Vivaldi")
6. Vivaldi Holdings, LLC ("Holdings")
Each reporting person declares that neither the filing of this statement nor
anything herein shall be construed as an admission that such person is,
for the purposes of Section 13(d) or 13(g) of the Act or any other purpose,
the beneficial owner of any securities covered by this statement.
Each reporting person may be deemed to be a member of a group with respect
to the issuer or securities of the issuer for the purposes of Section 13(d)
or 13(g) of the Act. Each reporting person declares that neither the filing
of this statement nor anything herein shall be construed as an admission that
such person is, for the purposes of Section 13(d) or 13(g) of the Act or any
other purpose, (i) acting (or has agreed or is agreeing to act) with any other
person as a partnership, limited partnership, syndicate, or other group for the
purpose of acquiring, holding, or disposing of securities of the issuer or
otherwise with respect to the issuer or any securities of the issuer or
(ii) a member of any syndicate or group with respect to the issuer or any
securities of the issuer.
Item 2(b) Address of Principal Business Office:
For Capital, the General Partner, the Fund and Mr. Mowery, 191
N. Wacker Drive, Suite 1500, Chicago, IL 60606
For Vivaldi and Holdings, 225 W Wacker Dr #2100, Chicago, IL 60606
Item 2(c) Citizenship:
Capital and the General Partner are Delaware limited liability companies.
The Fund is a Delaware limited partnership.
Mr. Mowery is a citizen of the United States.
Vivaldi and Holdings are Delaware limited liability companies.
Item 2(d) Title of Class of Securities:
Class A common stock, par value $0.01 per share
Item 2(e) CUSIP Number:
31679P109
Item 3 Type of Person:
Not applicable
Item 4 Ownership:
(a)Amount beneficially owned:
None of the Reporting Persons beneficially owns any shares of the
Issuer.
(b)Percent of class:
0.0%
(c)Number of shares as to which the filing person has:
(i)Sole power to vote or to direct the vote:
Not applicable
(ii)Shared power to vote or to direct the vote:
None
(iii)Sole power to dispose or to direct the disposition of:
Not applicable
(iv)Shared power to dispose or to direct the disposition of:
None
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:
Each reporting person may be deemed to be a member of a group with respect
to the issuer or securities of the issuer for the purposes of Section 13(d)
or 13(g) of the Act. Each reporting person declares that neither the filing
of this statement nor anything herein shall be construed as an admission that
such person is, for the purposes of Section 13(d) or 13(g) of the Act or any
other purpose, (i) acting (or has agreed or is agreeing to act) with any other
person as a partnership, limited partnership, syndicate, or other group for the
purpose of acquiring, holding, or disposing of securities of the issuer or
otherwise with respect to the issuer or any securities of the issuer or
(ii) a member of any syndicate or group with respect to the issuer or
any securities of the issuer.
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 in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or influencing
the control of the issuer of such securities and were not acquired
in connection with or as a participant in any transaction having
such 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: September 1, 2016
Signature:/s/ Kyle Mowery
Name/Title: Kyle Mowery, individually, as managing member of
GrizzlyRock Capital, LLC and GrizzlyRock GP, LLC, and as the
managing member of the general partner of GrizzlyRock Value
Partners, L.P.
Signature:/s/ Randal Golden
Name/Title: Randal Golden, Chief Financial Officer, Vivaldi Asset
Management, LLC and Vivaldi Holdings, LLC
Exhibit Index
Exhibit Description of Exhibit
99.1 Joint Filing Agreement
EX-99
2
GrizzlyRock13GAFSAMExhibit99.txt
JOINT FILING AGREEMENT
EXHIBIT 99.1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under 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 Fifth Street Asset Management Inc.
and further agree that this Joint Filing Agreement shall be included as an
exhibit to such joint filing.
The undersigned further agree that each party hereto is responsible for the
timely filing of such Statement on Schedule 13G and any amendments thereto,
and for the accuracy and completeness of the information concerning such party
contained therein; provided, however, that no party is responsible for the
accuracy or completeness of the information concerning any other party,
unless such party knows or has reason to believe that such information is
inaccurate.
This Joint Filing Agreement may be signed in counterparts with the same effect
as if the signature on each counterpart were upon the same instrument.
Date: May 23, 2016
Signature:/s/ Kyle Mowery
Name/Title: Kyle Mowery, individually, as managing member of
GrizzlyRock Capital, LLC and GrizzlyRock GP, LLC, and as the
managing member of the general partner of GrizzlyRock Value
Partners, L.P.
Signature:/s/ Randal Golden
Name/Title: Randal Golden, Chief Financial Officer, Vivaldi Asset
Management, LLC and Vivaldi Holdings, LLC