0000899243-22-025938.txt : 20220711 0000899243-22-025938.hdr.sgml : 20220711 20220711182023 ACCESSION NUMBER: 0000899243-22-025938 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220701 FILED AS OF DATE: 20220711 DATE AS OF CHANGE: 20220711 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BCPE Watson (DE) BML GP, LLC CENTRAL INDEX KEY: 0001910886 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39375 FILM NUMBER: 221077879 BUSINESS ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 6175162000 MAIL ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BAIN CAPITAL INVESTORS LLC CENTRAL INDEX KEY: 0001040508 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39375 FILM NUMBER: 221077884 BUSINESS ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 617-516-2000 MAIL ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bain Capital Fund XII, LP CENTRAL INDEX KEY: 0001706270 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39375 FILM NUMBER: 221077883 BUSINESS ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 6175162000 MAIL ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bain Capital Partners XII, LLC CENTRAL INDEX KEY: 0001830424 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39375 FILM NUMBER: 221077882 BUSINESS ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 6175162000 MAIL ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BCPE Watson (DE) ORML, LP CENTRAL INDEX KEY: 0001911200 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39375 FILM NUMBER: 221077876 BUSINESS ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 6175162000 MAIL ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BCPE Watson (DE) BML, LP CENTRAL INDEX KEY: 0001910890 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39375 FILM NUMBER: 221077877 BUSINESS ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 6175162000 MAIL ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BCPE Watson (DE) ORML GP, LLC CENTRAL INDEX KEY: 0001910901 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39375 FILM NUMBER: 221077878 BUSINESS ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 6175162000 MAIL ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BCPE Watson (DE) Aggregator, LP CENTRAL INDEX KEY: 0001911143 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39375 FILM NUMBER: 221077880 BUSINESS ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 6175162000 MAIL ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BCPE Watson (DE) Aggregator GP, LLC CENTRAL INDEX KEY: 0001911154 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39375 FILM NUMBER: 221077881 BUSINESS ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 6175162000 MAIL ADDRESS: STREET 1: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: II-VI INC CENTRAL INDEX KEY: 0000820318 STANDARD INDUSTRIAL CLASSIFICATION: OPTICAL INSTRUMENTS & LENSES [3827] IRS NUMBER: 251214948 STATE OF INCORPORATION: PA FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 375 SAXONBURG BLVD CITY: SAXONBURG STATE: PA ZIP: 16056 BUSINESS PHONE: 724-352-4455 MAIL ADDRESS: STREET 1: 375 SAXONBURG BLVD CITY: SAXONBURG STATE: PA ZIP: 16056 3 1 doc3.xml FORM 3 SUBMISSION X0206 3 2022-07-01 0 0000820318 II-VI INC IIVI 0001040508 BAIN CAPITAL INVESTORS LLC 200 CLARENDON STREET BOSTON MA 02116 0 0 1 0 0001706270 Bain Capital Fund XII, LP 200 CLARENDON STREET BOSTON MA 02116 0 0 1 0 0001830424 Bain Capital Partners XII, LLC 200 CLARENDON STREET BOSTON MA 02116 0 0 1 0 0001911154 BCPE Watson (DE) Aggregator GP, LLC 200 CLARENDON STREET BOSTON MA 02116 0 0 1 0 0001911143 BCPE Watson (DE) Aggregator, LP 200 CLARENDON STREET BOSTON MA 02116 0 0 1 0 0001910886 BCPE Watson (DE) BML GP, LLC 200 CLARENDON STREET BOSTON MA 02116 0 0 1 0 0001910901 BCPE Watson (DE) ORML GP, LLC 200 CLARENDON STREET BOSTON MA 02116 0 0 1 0 0001910890 BCPE Watson (DE) BML, LP 200 CLARENDON STREET BOSTON MA 02116 0 0 1 0 0001911200 BCPE Watson (DE) ORML, LP 200 CLARENDON STREET BOSTON MA 02116 0 0 1 0 Series B-1 Convertible Preferred Stock Common Stock 9390248 I See footnotes Series B-2 Convertible Preferred Stock Common Stock 16470587 I See footnotes Series B-1 Convertible Preferred Stock ("Series B-1 Preferred Stock") and Series B-2 Convertible Preferred Stock ("Series B-2 Preferred Stock" and, together with the Series B-1 Preferred Stock, the "Series B Preferred Stock") were issued on March 31, 2021 and July 1, 2022, respectively, pursuant to the Statement with Respect to Shares setting forth the terms of the Series B Convertible Preferred Stock filed with the Pennsylvania Department of State Corporations Bureau and effective March 30, 2021 (the "Statement with Respect to Shares"). Subject to adjustments set forth in the Statement with Respect to Shares, from the issuance date of such share, dividends accrue daily on the applicable stated value of each share of the Series B Preferred Stock at 5% per annum with an initial stated value of $10,000 per share. (Continued from Footnote 1) Until the fourth anniversary of the applicable issuance date, all dividend payments are compounded and added to the applicable stated value on a quarterly basis (a "PIK Dividend"). Following the fourth anniversary of the applicable issuance date, dividends will be payable in the form of, at the Issuer's sole discretion, (i) cash, (ii) a PIK Dividend or (iii) any combination of both. Commencing on July 1, 2022, each share of Series B Preferred Stock became convertible, at the option of the holder, into a number of shares of the Issuer's common stock equal to the then-applicable stated value divided by the then-applicable conversion price. The conversion price of the Series B Preferred Stock is initially $85.00 per share, subject to adjustments set forth in the Statement with Respect to Shares. (Continued from Footnote 2) In addition, at any time after the third anniversary of the applicable issuance date, if the closing sale price of the Issuer's common stock exceeds 150% of the then-applicable conversion price for 20 trading days in any 30 consecutive trading day period, the Issuer may elect to convert all of the shares of the applicable series of Series B Preferred Stock into a number of shares of the Issuer's common stock equal to the then-applicable stated value divided by the then-applicable conversion price in accordance with the Statement with Respect to Shares. BCPE Watson (DE) BML GP, LLC ("BML GP") is the general partner of BCPE Watson (DE) BML, LP ("BML"). As a result, BML GP may be deemed to share voting and dispositive power with respect to the securities held by BML. BML GP disclaims beneficial ownership of such securities, except to the extent of its pecuniary interest therein. BML holds 75,000 shares of Series B-1 Preferred Stock and 75,000 shares of Series B-2 Preferred Stock. BCPE Watson (DE) ORML GP, LLC ("ORML GP") is the general partner of BCPE Watson (DE) ORML, LP ("ORML"). As a result, ORML GP may be deemed to share voting and dispositive power with respect to the securities held by ORML. ORML GP disclaims beneficial ownership of such securities, except to the extent of its pecuniary interest therein. ORML holds 65,000 shares of Series B-2 Preferred stock. Bain Capital Investors, LLC ("BCI") is the manager of Bain Capital Partners XII, LLC ("Partners XII"), which is the general partner of Bain Capital Fund XII, L.P. ("Fund XII"). Fund XII is the sole member of BCPE Watson (DE) Aggregator GP, LLC ("Aggregator GP"), which is the general partner of BCPE Watson (DE) Aggregator, LP ("Aggregator"). Aggregator is the sole member of each of BML GP and ORML GP. As a result, each of BCI, Partners XII, Fund XII, Aggregator GP and Aggregator may be deemed to share voting and dispositive power with respect to the securities held by each of BML and ORML. Each of BCI, Partners XII, Fund XII, Aggregator GP and Aggregator disclaims beneficial ownership of such securities, except to the extent of its pecuniary interest therein. See signatures included in Exhibit 99.1 2022-07-11 EX-99.1 2 attachment1.htm EX-99.1 DOCUMENT

                                                                   Exhibit 99.1

                   List of Joint Filers and Signature Page


BAIN CAPITAL INVESTORS, LLC

By: /s/ Joseph Robbins
    ------------------
Title: Managing Director


BAIN CAPITAL FUND XII, L.P.

By: Bain Capital Partners XII, LLC,
its general partner

By: Bain Capital Investors, LLC,
its manager

By: /s/ Joseph Robbins
    ------------------
Title: Managing Director


BAIN CAPITAL PARTNERS XII, LLC

By: Bain Capital Investors, LLC,
its manager

By: /s/ Joseph Robbins
    ------------------
Title: Managing Director


BCPE Watson (DE) Aggregator GP, LLC

By: /s/ Joseph Robbins
    ------------------
Title: Authorized Signatory


BCPE Watson (DE) Aggregator, LP

By: BCPE Watson (DE) Aggregator GP, LLC,
its general partner

By: /s/ Joseph Robbins
    ------------------
Title: Authorized Signatory


BCPE Watson (DE) BML GP, LLC

By: /s/ Joseph Robbins
    ------------------
Title: Authorized Signatory


BCPE Watson (DE) ORML GP, LLC

By: /s/ Joseph Robbins
    ------------------
Title: Authorized Signatory


BCPE Watson (DE) BML, LP

By: BCPE Watson (DE) BML GP, LLC,
its general partner

By: /s/ Joseph Robbins
    ------------------
Title: Authorized Signatory


BCPE Watson (DE) ORML, LP

By: BCPE Watson (DE) ORML GP, LLC,
its general partner

By: /s/ Joseph Robbins
    ------------------
Title: Authorized Signatory