0000905718-16-001691.txt : 20161013 0000905718-16-001691.hdr.sgml : 20161013 20161013170932 ACCESSION NUMBER: 0000905718-16-001691 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20161013 DATE AS OF CHANGE: 20161013 GROUP MEMBERS: APPALOOSA INVESTMENT LIMITED PARTNERSHIP I GROUP MEMBERS: APPALOOSA MANAGEMENT L.P. GROUP MEMBERS: APPALOOSA PARTNERS INC. GROUP MEMBERS: DAVID A. TEPPER GROUP MEMBERS: PALOMINO MASTER LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WMIH CORP. CENTRAL INDEX KEY: 0000933136 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] IRS NUMBER: 911653725 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-44645 FILM NUMBER: 161935442 BUSINESS ADDRESS: STREET 1: 800 FIFTH AVENUE STREET 2: SUITE 4100 CITY: SEATTLE STATE: WA ZIP: 98104 BUSINESS PHONE: 206-922-2957 MAIL ADDRESS: STREET 1: 800 FIFTH AVENUE STREET 2: SUITE 4100 CITY: SEATTLE STATE: WA ZIP: 98104 FORMER COMPANY: FORMER CONFORMED NAME: WMI HOLDINGS CORP. DATE OF NAME CHANGE: 20120320 FORMER COMPANY: FORMER CONFORMED NAME: WASHINGTON MUTUAL, INC DATE OF NAME CHANGE: 20061017 FORMER COMPANY: FORMER CONFORMED NAME: WASHINGTON MUTUAL INC DATE OF NAME CHANGE: 19941123 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Appaloosa LP CENTRAL INDEX KEY: 0001656456 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 51 JOHN F. KENNEDY PKWY CITY: SHORT HILLS STATE: NJ ZIP: 07078 BUSINESS PHONE: 973-701-7000 MAIL ADDRESS: STREET 1: 51 JOHN F. KENNEDY PKWY CITY: SHORT HILLS STATE: NJ ZIP: 07078 SC 13G/A 1 wmihcorp_13gam1oct2016.htm WMIH CORP. AMENDMENT NO. 1

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

 

 

Under the Securities Exchange Act of 1934

(Amendment No. 1 - Exit Filing)*

 

 

 

WMIH CORP.

(Name of Issuer)

 

Common Stock, par value $0.00001 per share

(Title of Class of Securities)

 

92936P100

(CUSIP Number)

 

October 5, 2016

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule 13G 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 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.  92936P100
(1)   Names of Reporting Persons.  I.R.S. Identification Nos. of Above Persons (entities only):  
Appaloosa 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: 7,600,000  
(7)   Sole Dispositive Power: 0  
(8)   Shared Dispositive Power: 7,600,000  
     
(9)   Aggregate Amount Beneficially Owned by Each Reporting Person: 7,600,000  
(10)  Check if the Aggregate Amount  in Row  (9) Excludes Certain Shares (See Instructions):    N/A
(11)  Percent of Class Represented by Amount in Row (9): 3.7%*  
(12)  Type of Reporting Person (See Instructions):   PN
               

 

* Based on 206,380,800 shares outstanding as of August 1, 2016 as set forth in the Issuer’s Quarterly Report on Form 10-Q (File No. 001-14667) filed with the Securities and Exchange Commission on August 5, 2016.

  

 

 

 

CUSIP NO.  92936P100
(1)   Names of Reporting Persons.  I.R.S. Identification Nos. of Above Persons (entities only):  
Appaloosa Investment Limited Partnership I
(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: 3,800,000  
(7)   Sole Dispositive Power: 0  
(8)   Shared Dispositive Power: 3,800,000  
     
(9)   Aggregate Amount Beneficially Owned by Each Reporting Person: 3,800,000  
(10)  Check if the Aggregate Amount  in Row  (9) Excludes Certain Shares (See Instructions):    N/A
(11)  Percent of Class Represented by Amount in Row (9): 1.8%*  
(12)  Type of Reporting Person (See Instructions):   PN
               

 

* Based on 206,380,800 shares outstanding as of August 1, 2016 as set forth in the Issuer’s Quarterly Report on Form 10-Q (File No. 001-14667) filed with the Securities and Exchange Commission on August 5, 2016.

 

 

 
 

   

CUSIP NO.  92936P100
(1)   Names of Reporting Persons.  I.R.S. Identification Nos. of Above Persons (entities only):  
Palomino Master Ltd.
(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:   British Virgin Islands
Number of Shares Beneficially Owned By Each Reporting Person With   (5)   Sole Voting Power:  0    
(6)   Shared Voting Power: 3,800,000  
(7)   Sole Dispositive Power: 0  
(8)   Shared Dispositive Power: 3,800,000  
     
(9)  Aggregate Amount Beneficially Owned by Each Reporting Person: 3,800,000  
(10)  Check if the Aggregate Amount  in Row  (9) Excludes Certain Shares (See Instructions):    N/A
(11)  Percent of Class Represented by Amount in Row (9): 1.8%*  
(12)  Type of Reporting Person (See Instructions):   CO
               

 

* Based on 206,380,800 shares outstanding as of August 1, 2016 as set forth in the Issuer’s Quarterly Report on Form 10-Q (File No. 001-14667) filed with the Securities and Exchange Commission on August 5, 2016.

 

 
 

  

CUSIP NO.  92936P100
(1)   Names of Reporting Persons.  I.R.S. Identification Nos. of Above Persons (entities only):  
Appaloosa Management L.P.
(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: 3,800,000  
(7)   Sole Dispositive Power: 0  
(8)   Shared Dispositive Power: 3,800,000  
     
(9)   Aggregate Amount Beneficially Owned by Each Reporting Person: 3,800,000  
(10)  Check if the Aggregate Amount  in Row  (9) Excludes Certain Shares (See Instructions):    N/A
(11)  Percent of Class Represented by Amount in Row (9): 1.8%*  
(12)  Type of Reporting Person (See Instructions):   PN
               

 

* Based on 206,380,800 shares outstanding as of August 1, 2016 as set forth in the Issuer’s Quarterly Report on Form 10-Q (File No. 001-14667) filed with the Securities and Exchange Commission on August 5, 2016.

 

 
 

   

CUSIP NO.  92936P100
(1)   Names of Reporting Persons.  I.R.S. Identification Nos. of Above Persons (entities only):  
Appaloosa Partners 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:   Delaware
Number of Shares Beneficially Owned By Each Reporting Person With   (5)   Sole Voting Power: 0    
(6)   Shared Voting Power: 3,800,000  
(7)   Sole Dispositive Power: 0  
(8)   Shared Dispositive Power: 3,800,000  
     
(9)   Aggregate Amount Beneficially Owned by Each Reporting Person: 3,800,000  
(10)  Check if the Aggregate Amount  in Row  (9) Excludes Certain Shares (See Instructions):    N/A
(11)  Percent of Class Represented by Amount in Row (9): 1.8%*  
(12)  Type of Reporting Person (See Instructions):   CO
               

 

* Based on 206,380,800 shares outstanding as of August 1, 2016 as set forth in the Issuer’s Quarterly Report on Form 10-Q (File No. 001-14667) filed with the Securities and Exchange Commission on August 5, 2016.

 

 
 

  

CUSIP NO.  92936P100
(1)   Names of Reporting Persons.  I.R.S. Identification Nos. of Above Persons (entities only):  
David A. Tepper
(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: 7,600,000  
(7)   Sole Dispositive Power: 0  
(8)   Shared Dispositive Power: 7,600,000  
     
(9)   Aggregate Amount Beneficially Owned by Each Reporting Person: 7,600,000  
(10)  Check if the Aggregate Amount  in Row  (9) Excludes Certain Shares (See Instructions):    N/A
(11)  Percent of Class Represented by Amount in Row (9): 3.7%*  
(12)  Type of Reporting Person (See Instructions):   IN
               

 

 

* Based on 206,380,800 shares outstanding as of August 1, 2016 as set forth in the Issuer’s Quarterly Report on Form 10-Q (File No. 001-14667) filed with the Securities and Exchange Commission on August 5, 2016.

   

 

 

EXPLANATORY NOTE

 

The Reporting Persons have determined to voluntarily file this exit Amendment at this time prior to the required deadline after the end of the calendar year.

 

 

This Amendment No. 1 (this “Amendment”) amends the statement on Schedule 13G filed by the Reporting Persons on February 12, 2016 with respect to Common Stock of WMIH Corp. This Amendment amends and restates Items 4 and 5 in their entirety as set forth below.

 

Item 4.     Ownership.

 

(a)     See Item 9 of the cover pages to this Schedule 13G.

 

(b)     See Item 11 of the cover pages to this Schedule 13G.

 

(c)     See Items 5 through 8 of the cover pages to this Schedule 13G.

 

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 5 percent of the class of securities, check the following:  [x].

 

    

 

 
 

SIGNATURES

 

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:  October 13, 2016

APPALOOSA INVESTMENT LIMITED PARTNERSHIP I

 

By: APPALOOSA LP,

Its Investment Adviser

 

By: APPALOOSA CAPITAL INC.,

Its General Partner

 
     
     
  By: /s/ David A. Tepper  
  Name:  David A. Tepper  
  Title:  President  
     
 

PALOMINO MASTER LTD.

 

By: APPALOOSA LP.,

Its Investment Adviser

 

By: APPALOOSA CAPITAL INC.,

Its General Partner

 
     
     
  By: /s/ David A. Tepper  
  Name:  David A. Tepper  
  Title:  President  

 

 

APPALOOSA MANAGEMENT L.P.

 

By: APPALOOSA PARTNERS INC.,

Its General Partner

 
     
     
  By: /s/ David A. Tepper  
  Name:  David A. Tepper  
  Title:  President  

 

 

 

 

 

 

 

 [Signature Pages to Schedule 13G Amendment No. 1] 

 
 

  

 

APPALOOSA PARTNERS INC. 

 
     
     
  By: /s/ David A. Tepper  
  Name:  David A. Tepper  
  Title:  President  
     
     
 

APPALOOSA LP

 

By: APPALOOSA CAPITAL INC.,

Its General Partner

 
     
     
  By: /s/ David A. Tepper  
  Name:  David A. Tepper  
  Title:  President  
     
     
     
  /s/ David A. Tepper  
  David A. Tepper  
         

  

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 [Signature Pages to Schedule 13G Amendment No. 1]