UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
LHC GROUP, INC.
(Name of Issuer)
Common Stock, Par Value $0.01 Per Share
(Title of Class of Securities)
50187A107
(CUSIP Number)
Christopher Shackelton/Adam Gray
Metro Center
1 Station Place, 7th Floor South
Stamford, CT 06902
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
March 12, 2013
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of sections 240.13d-1(e), 240.13d-1(f) or 140.13d-1(g), check the following box. ¨
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).
Page 1 of 12
CUSIP No. 50187A107 (Common Stock)
1. |
Names of Reporting Persons
Coliseum Capital Management, LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
2,522,317 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
2,522,317 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
2,522,317 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| |||||
11. | Percent of Class Represented by Amount in Row (9)
14.9% | |||||
12. | Type of Reporting Person (See Instructions)
OO, IA |
Page 2 of 11
CUSIP No. 50187A107 (Common Stock)
1. |
Names of Reporting Persons
Coliseum Capital, LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
1,713,479 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
1,713,479 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,713,479 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| |||||
11. | Percent of Class Represented by Amount in Row (9)
10.1% | |||||
12. | Type of Reporting Person (See Instructions)
OO |
Page 3 of 11
CUSIP No. 50187A107 (Common Stock)
1. |
Names of Reporting Persons
Coliseum Capital Partners, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
1,515,567 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
1,515,567 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,515,567 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| |||||
11. | Percent of Class Represented by Amount in Row (9)
9.0% | |||||
12. | Type of Reporting Person (See Instructions)
PN |
Page 4 of 11
CUSIP No. 50187A107 (Common Stock)
1. |
Names of Reporting Persons
Coliseum Capital Partners II, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
197,912 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
197,912 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
197,912 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| |||||
11. | Percent of Class Represented by Amount in Row (9)
1.2% | |||||
12. | Type of Reporting Person (See Instructions)
PN |
Page 5 of 11
CUSIP No. 50187A107 (Common Stock)
1. |
Names of Reporting Persons
Blackwell Partners, LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization
Georgia | |||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5. | Sole Voting Power
0 | ||||
6. | Shared Voting Power
808,838 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
808,838 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
808,838 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| |||||
11. | Percent of Class Represented by Amount in Row (9)
4.8% | |||||
12. | Type of Reporting Person (See Instructions)
OO |
Page 6 of 11
CUSIP No. 50187A107 (Common Stock)
1. |
Names of Reporting Persons
Adam Gray | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
0 | ||||
6. | Shared Voting Power
2,522,317 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
2,522,317 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
2,522,317 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| |||||
11. | Percent of Class Represented by Amount in Row (9)
14.9% | |||||
12. | Type of Reporting Person (See Instructions)
IN |
Page 7 of 11
CUSIP No. 50187A107 (Common Stock)
1. |
Names of Reporting Persons
Christopher Shackelton | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
0 | ||||
6. | Shared Voting Power
2,522,317 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
2,522,317 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
2,522,317 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| |||||
11. | Percent of Class Represented by Amount in Row (9)
14.9% | |||||
12. | Type of Reporting Person (See Instructions)
IN |
Page 8 of 11
CUSIP No. 50187A107 (Common Stock)
Explanatory Note: This Amendment No. 1 (this Amendment), to the Schedule 13D (the Initial 13D) filed by the Filers (as defined below in Item 2) with the U.S. Securities and Exchange Commission (the Commission) on November 16, 2012, amends and supplements the items set forth herein.
Item 1. Security and Issuer.
Item 1 is amended and restated in its entirety as follows.
The title of the class of equity securities to which this statement relates to is the Common Stock, $0.01 par value per share (the Common Stock) of LHC Group, Inc., a Delaware corporation (the Issuer). The principal executive offices of the Issuer are located at 420 West Pinhook Road, Suite A, Lafayette, Louisiana 70503.
Item 2. Identity and Background.
The persons filing this statement and the persons enumerated in Instruction C of Schedule 13D and, where applicable, their respective places of organization, general partners, directors, executive officers and controlling persons, and the information regarding them, are as follows:
(a) | As used in this statement, the term Filers collectively refers to: |
| Coliseum Capital Management, LLC, a Delaware limited liability company (CCM); |
| Coliseum Capital, LLC, a Delaware limited liability company (CC); |
| Coliseum Capital Partners, L.P., a Delaware limited partnership (CCP); |
| Coliseum Capital Partners II, L.P., a Delaware limited partnership (CCP2); |
| Blackwell Partners, LLC, a Georgia limited liability company (Blackwell); |
| Adam Gray (Gray); and |
| Christopher Shackelton (Shackelton). |
(b) | The business address of the Filers (other than Blackwell) is Metro Center, 1 Station Place, 7th Floor South, Stamford, CT 06902. The business address of Blackwell is c/o DUMAC, LLC, 280 S. Magnum Street, Suite 210, Durham, NC 27701. |
(c) | Present principal occupation or employment of the Filers and the name, principal business and address of any corporation or other organization in which such employment is conducted: |
CCM is the investment adviser to CCP and CCP2, which are investment limited partnerships. CC is the General Partner of CCP and CCP2, and Gray and Shackelton are the managers of CC. Blackwell is a separate account advisory client of CCM, and Gray and Shackelton are the managers of CCM. Blackwell has no voting or dispositive power with respect to the shares of Common Stock reported herein, while CCM is the manager with respect to the Common Stock. |
(d) | During the last five years, none of the Filers has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). |
(e) | During the last five years, none of the Filers was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. |
Page 9 of 11
CUSIP No. 50187A107 (Common Stock)
(f) | The citizenship or place of organization for each of the Filers is listed in Row 6 of the cover pages hereto. |
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 is supplemented as follows:
The source and amount of funds used in purchasing the Common Stock described in Item 5 were as follows:
Purchaser |
Source of Funds |
Amount |
||||||
CCP2 |
Working Capital | $ | 2,553,739.20 |
Item 5. Interest in Securities of the Issuer.
Item 5 is amended and supplemented as follows:
The information relating to the beneficial ownership of Common Stock by each of the Filers set forth in Rows 7 through 13 of the cover pages hereto is incorporated herein by reference. The percentages set forth in Row 13 for all cover pages filed herewith are calculated based upon 16,925,733 shares of Common Stock outstanding as of December 31, 2012, as reported in Exhibit 99.1 of the Issuers Current Report on Form 8-K filed on March 6, 2013.
The Filers effected the following transactions in the Common Stock in open market transactions on the dates indicated, and such transactions are the only transactions in the Common Stock by the Filers in the sixty days preceding the filing of this Schedule 13D:
Name |
Purchase or Sale |
Date |
Number of |
Weighted |
||||||||||||
CCP2 |
Purchase | 3/12/2013 | 128,400 | $ | 19.89 |
The information in Item 6 is incorporated herein by reference.
Item 6. Contracts, Arrangement, Understandings or Relationships with Respect to Securities of the Issuer.
CCM is an investment adviser whose clients, including CCP, CCP2 and Blackwell, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock. CC is the general partner of CCP. Gray and Shackelton are the managers of CC and CCM.
Item 7. Material to Be Filed as Exhibits
Exhibit No. |
Description of Exhibit | |
1 | Joint Filing Agreement Pursuant to Rule 13d-1 |
Page 10 of 11
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: March 14, 2013
COLISEUM CAPITAL MANAGEMENT, LLC | COLISEUM CAPITAL, LLC | |||||||
By: | /s/ Christopher Shackelton |
By: | /s/ Adam Gray | |||||
Christopher Shackelton, Manager |
Adam Gray, Manager | |||||||
COLISEUM CAPITAL PARTNERS, L.P. | COLISEUM CAPITAL PARTNERS II, L.P. | |||||||
By: | Coliseum Capital, LLC, General Partner | By: | Coliseum Capital, LLC, General Partner | |||||
By: | /s/ Adam Gray |
By: | /s/ Adam Gray | |||||
Adam Gray, Manager |
Adam Gray, Manager | |||||||
BLACKWELL PARTNERS, LLC | ADAM GRAY | |||||||
By: | Coliseum Capital Management, LLC, Attorney-in-fact | |||||||
By: | /s/ Adam Gray |
/s/ Adam Gray | ||||||
Adam Gray, Manager |
Adam Gray |
CHRISTOPHER SHACKELTON |
/s/ Christopher Shackelton |
Christopher Shackelton |