0001144204-15-057676.txt : 20151001
0001144204-15-057676.hdr.sgml : 20151001
20151001160502
ACCESSION NUMBER: 0001144204-15-057676
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151001
FILED AS OF DATE: 20151001
DATE AS OF CHANGE: 20151001
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CalAtlantic Group, Inc.
CENTRAL INDEX KEY: 0000878560
STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531]
IRS NUMBER: 330475989
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 15360 BARRANCA PARKWAY
CITY: IRVINE
STATE: CA
ZIP: 92618
BUSINESS PHONE: 9497891600
MAIL ADDRESS:
STREET 1: 15360 BARRANCA PARKWAY
CITY: IRVINE
STATE: CA
ZIP: 92618
FORMER COMPANY:
FORMER CONFORMED NAME: STANDARD PACIFIC CORP /DE/
DATE OF NAME CHANGE: 19930328
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Schoels Peter
CENTRAL INDEX KEY: 0001424436
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10959
FILM NUMBER: 151137044
MAIL ADDRESS:
STREET 1: GLOBAL AERO LOGISTICS INC.
STREET 2: 101 WORLD DRIVE
CITY: PEACHTREE CITY
STATE: 2Q
ZIP: 30269
4
1
v421193_4.xml
OWNERSHIP DOCUMENT
X0306
4
2015-10-01
0
0000878560
CalAtlantic Group, Inc.
CAA
0001424436
Schoels Peter
C/O MATLINPATTERSON GLOBAL ADVISERS LLC
520 MADISON AVENUE
NEW YORK
NY
10022
1
0
0
0
Series B Junior Participating Convertible Preferred Stock
2015-10-01
4
C
0
267829
D
2008-08-18
Common Stock
17562557
0
I
See Footnote
MP CA Homes LLC was the record holder of 267,829 shares of Series B Junior Participating Convertible Preferred Stock ("Junior Convertible Preferred Stock"). On October 1, 2015, MP CA Homes LLC converted 267,829 shares of Junior Convertible Preferred Stock into 17,562,557 shares of Common Stock. MatlinPatterson Global Opportunities Partners III L.P. and MatlinPatterson Global Opportunities Partners (Cayman) III L.P. (together, "the Funds"), hold 100 percent of the membership interests in MP CA Homes LLC. (continued on footnote 2)
(continued from footnote 1) MatlinPatterson Global Partners III LLC (the "General Partner") is the general partner of the Funds. MatlinPatterson Global Advisers LLC (the "Adviser") is the investment adviser to the Funds. MatlinPatterson PE Holdings LLC ("Matlin PE Holdings"), a Delaware limited liability company formerly known as MatlinPatterson Asset Management LLC, holds 100 percent of the voting interest and equity of the Adviser and the General Partner. MatlinPatterson LLC holds 100 percent of the equity of Matlin PE Holdings.
Although the Reporting Person does not have voting or investment control over shares held by MP CA Homes LLC, the Reporting Person may be deemed to have an indirect pecuniary interest in such shares through his indirect interest in a limited partner which holds an investment interest and carried interest in the Funds. His exact pecuniary interest therein is not readily determinable because it is subject to several variables, including without limitation, the internal rates of return of the Funds overall with respect to their indirect investment in the Issuer. The Reporting Person disclaims beneficial ownership of any of the reported securities except to the extent of his pecuniary interest therein.
Each share of Junior Convertible Preferred Stock is convertible into such number of shares of Common Stock of the Issuer equal to $1,000 divided by the applicable conversion price of the Junior Convertible Preferred Stock ($15.25 as of the date hereof, subject to anti-dilution adjustment); provided that upon such conversion the holder thereof cannot own more than 49% of the total voting power of the voting stock of the Issuer
The Junior Convertible Preferred Stock has no expiration date.
/s/ Peter Schoels
2015-10-01