Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
(Amendment No. 3)*
AquaVenture Holdings Limited
(Name of Issuer)
Ordinary Shares, no par value
(Title of Class of Securities)
G0443N107
(CUSIP Number)
December 31, 2019
(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)
☐ 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 disclosures provided in a prior cover page.
The information required on 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 (the “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. G0443N107 |
SCHEDULE 13G |
Page 2 of 5 Pages |
|
1 |
|
NAMES OF REPORTING PERSON I.R.S IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Douglas R. Brown |
||||
|
2 |
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
|
||||
|
3 |
|
SEC USE ONLY
|
||||
|
4 |
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America |
||||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
|
SOLE VOTING POWER
2,226,843(1) |
|||
|
6 |
|
SHARED VOTING POWER
148,449(2) |
||||
|
7 |
|
SOLE DISPOSITIVE POWER
2,226,843(1) |
||||
|
8 |
|
SHARED DISPOSITIVE POWER
148,449 (2) |
||||
|
9 |
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,375,292 |
||||
|
10 |
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ |
||||
|
11 |
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.3% (3) |
||||
|
12 |
|
TYPE OF REPORTING PERSON
IN |
||||
(1) Consists of 1,551,837 ordinary shares directly held by Mr. Brown, 660,496 ordinary shares issuable upon exercise of options exercisable within 60 days of December 31, 2019 and 14,510 restricted share units vesting within 60 days of December 31, 2019.
(2) Consists of 148,449 ordinary shares held by Mr. Brown’s spouse. Mr. Brown disclaims beneficial ownership of such shares.
(3) The percentage calculation is based on 31,739,691 shares of the Issuer’s ordinary shares outstanding as of November 4, 2019 as reported on the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2019.
|
CUSIP No. G0443N107 |
SCHEDULE 13G |
Page 3 of 5 Pages |
Item 1
(a) Name of Issuer:
AquaVenture Holdings Limited
(b) Address of Issuer’s Principal Executive Offices:
c/o Conyers Corporate Services (B.V.I.) Limited
Commerce House, Wickhams Cay 1
P.O. Box 3140 Road Town
British Virgin Islands VG1110
Item 2
(a) Name of Person Filing:
Douglas R. Brown
(b) Address of Principal Business Office or, if None, Residence:
c/o Conyers Corporate Services (B.V.I.) Limited
Commerce House, Wickhams Cay 1
P.O. Box 3140 Road Town
British Virgin Islands VG1110
(c) Citizenship:
United States of America
(d) Title of Class of Securities:
Ordinary shares, no par value
(e) CUSIP Number:
G0443N107
Item 3 If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
Not Applicable.
Item 4 Ownership.
(a) Amount Beneficially Owned: 2,375,292 ordinary shares (1)
(b) Percent of Class: 7.3% (2)
(c) Number of shares as to which the person has:
(i) Sole power to vote or direct the vote: 2,226,843
(ii) Shared power to vote or to direct the vote: 148,449
(iii) Sole power to dispose or to direct the disposition of: 2,226,843
(iv) Shared power to dispose or to direct the disposition of: 148,449
(1) Consists of 1,551,837 ordinary shares directly held by Mr. Brown, 660,496 ordinary shares issuable upon exercise of options exercisable within 60 days of December 31, 2019 and 14,510 restricted share units vesting within 60 days of December 31, 2019 and 148,449 ordinary shares held by his spouse. Mr. Brown disclaims beneficial ownership of the shares held by his spouse.
(2) The percentage calculation is based on 31,739,691 shares of the Issuer’s ordinary shares outstanding as of November 4, 2019 as reported on the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2019.
Item 5 Ow nership of Five Percent or Less of a Class.
Not applicable.
|
CUSIP No. G0443N107 |
SCHEDULE 13G |
Page 4 of 5 Pages |
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.
Not applicable.
Item 9 Notice of Dissolution of Group.
Not applicable.
Item 10 Certification.
Not applicable.
|
CUSIP No. G0443N107 |
SCHEDULE 13G |
Page 5 of 5 Pages |
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: February 12, 2020
|
|
|
|
|
|
By: |
/s/ Douglas R. Brown |
|
|
|
Douglas R. Brown |