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.
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| UNITED STATES | ||
| SECURITIES AND EXCHANGE COMMISSION |
||
| Washington, D.C. 20549 | ||
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment to Amendment No. 1)*
The AZEK Company Inc.
(Name of Issuer)
Class A Common Stock, $0.001 par value
(Title of Class of Securities)
05478C105
(CUSIP Number)
December 31, 2021
(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) |
| x | 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).
*This filing is being made solely to correct an error in Item 8 of Amendment No. 1 to Schedule 13G, filed on February 14, 2022.
| CUSIP No. 05478C105 | Schedule 13G | ||||||
| 1 | Names of Reporting Persons Ares Corporate Opportunities Fund IV, L.P. | ||||||
| 2 | Check the Appropriate Box if a Member of a Group | ||||||
| (a) | x | ||||||
| (b) | ¨ | ||||||
| 3 | SEC Use Only | ||||||
| 4 | Citizen or Place of Organization Delaware | ||||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
| 6 | Shared Voting Power 19,096,090 | ||||||
| 7 | Sole Dispositive Power 0 | ||||||
| 8 | Shared Dispositive Power 19,096,090 | ||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person 19,096,090 | ||||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
| 11 | Percent of Class Represented by Amount in Row 9 12.3%* | ||||||
| 12 | Type of Reporting Person PN | ||||||
* The calculation of the percentage of outstanding shares is based on 155,032,377 shares of Class A Common Stock (as defined below) outstanding as of December 31, 2021, as reported by the Issuer (as defined below) in its Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission (“SEC”) on January 24, 2022 (“Proxy Statement”).
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| CUSIP No. 05478C105 | Schedule 13G | ||||||
| 1 | Names of Reporting Persons ACOF Operating Manager IV, LLC | ||||||
| 2 | Check the Appropriate Box if a Member of a Group | ||||||
| (a) | x | ||||||
| (b) | ¨ | ||||||
| 3 | SEC Use Only | ||||||
| 4 | Citizen or Place of Organization Delaware | ||||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
| 6 | Shared Voting Power 19,096,090 | ||||||
| 7 | Sole Dispositive Power 0 | ||||||
| 8 | Shared Dispositive Power 19,096,090 | ||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person 19,096,090 | ||||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
| 11 | Percent of Class Represented by Amount in Row 9 12.3%* | ||||||
| 12 | Type of Reporting Person OO | ||||||
* The calculation of the percentage of outstanding shares is based on 155,032,377 shares of Class A Common Stock outstanding as of December 31, 2021, as reported by the Issuer in its Proxy Statement.
-3-
| CUSIP No. 05478C105 | Schedule 13G | ||||||
| 1 | Names of Reporting Persons Ares Management LLC | ||||||
| 2 | Check the Appropriate Box if a Member of a Group | ||||||
| (a) | x | ||||||
| (b) | ¨ | ||||||
| 3 | SEC Use Only | ||||||
| 4 | Citizen or Place of Organization Delaware | ||||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
| 6 | Shared Voting Power 19,096,090 | ||||||
| 7 | Sole Dispositive Power 0 | ||||||
| 8 | Shared Dispositive Power 19,096,090 | ||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person 19,096,090 | ||||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
| 11 | Percent of Class Represented by Amount in Row 9 12.3%* | ||||||
| 12 | Type of Reporting Person OO | ||||||
* The calculation of the percentage of outstanding shares is based on 155,032,377 shares of Class A Common Stock outstanding as of December 31, 2021, as reported by the Issuer in its Proxy Statement.
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| CUSIP No. 05478C105 | Schedule 13G | < /tr> | |||||
| 1 | Names of Reporting Persons Ares Management Holdings L.P. | ||||||
| 2 | Check the Appropriate Box if a Member of a Group | ||||||
| (a) | x | ||||||
| (b) | ¨ | ||||||
| 3 | SEC Use Only | ||||||
| 4 | Citizen or Place of Organization Delaware | ||||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
| 6 | Shared Voting Power 19,096,090 | ||||||
| 7 | Sole Dispositive Power 0 | ||||||
| 8 | Shared Dispositive Power 19,096,090 | ||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person 19,096,090 | ||||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
| 11 | Percent of Class Represented by Amount in Row 9 12.3%* | ||||||
| 12 | Type of Reporting Person PN | ||||||
* The calculation of the percentage of outstanding shares is based on 155,032,377 shares of Class A Common Stock outstanding as of December 31, 2021, as reported by the Issuer in its Proxy Statement.
-5-
| CUSIP No. 05478C105 | Schedule 13G | ||||||
| 1 | Names of Reporting Persons Ares Holdco LLC | ||||||
| 2 | Check the Appropriate Box if a Member of a Group | ||||||
| (a) | x | ||||||
| (b) | ¨ | ||||||
| 3 | SEC Use Only | ||||||
| 4 | Citizen or Place of Organization Delaware | ||||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
| 6 | Shared Voting Power 19,096,090 | ||||||
| 7 | Sole Dispositive Power 0 | ||||||
| 8 | Shared Dispositive Power 19,096,090 | ||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person 19,096,090 | ||||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
| 11 | Percent of Class Represented by Amount in Row 9 12.3%* | ||||||
| 12 | Type of Reporting Person OO | ||||||
* The calculation of the percentage of outstanding shares is based on 155,032,377 shares of Class A Common Stock outstanding as of December 31, 2021, as reported by the Issuer in its Proxy Statement.
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| CUSIP No. 05478C105 | Schedule 13G | ||||||
| 1 | Names of Reporting Persons Ares Management Corporation | ||||||
| 2 | Check the Appropriate Box if a Member of a Group | ||||||
| (a) | x | ||||||
| (b) | ¨ | ||||||
| 3 | SEC Use Only | ||||||
| 4 | Citizen or Place of Organization Delaware | ||||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
| 6 | Shared Voting Power 19,096,090 | ||||||
| 7 | Sole Dispositive Power 0 | ||||||
| 8 | Shared Dispositive Power 19,096,090 | ||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person 19,096,090 | ||||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
| 11 | Percent of Class Represented by Amount in Row 9 12.3%* | ||||||
| 12 | Type of Reporting Person CO | ||||||
* The calculation of the percentage of outstanding shares is based on 155,032,377 shares of Class A Common Stock outstanding as of December 31, 2021, as reported by the Issuer in its Proxy Statement.
-7-
| CUSIP No. 05478C105 | Schedule 13G | ||||||
| 1 | Names of Reporting Persons Ares Management GP LLC | ||||||
| 2 | Check the Appropriate Box if a Member of a Group | ||||||
| (a) | x | ||||||
| (b) | ¨ | ||||||
| 3 | SEC Use Only | ||||||
| 4 | Citizen or Place of Organization Delaware | ||||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
| 6 | Shared Voting Power 19,096,090 | ||||||
| 7 | Sole Dispositive Power 0 | ||||||
| 8 | Shared Dispositive Power 19,096,090 | ||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person 19,096,090 | ||||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
| 11 | Percent of Class Represented by Amount in Row 9 12.3%* | ||||||
| 12 | Type of Reporting Person OO | ||||||
* The calculation of the percentage of outstanding shares is based on 155,032,377 shares of Class A Common Stock outstanding as of December 31, 2021, as reported by the Issuer in its Proxy Statement.
-8-
| CUSIP No. 05478C105 | Schedule 13G | ||||||
| 1 | Names of Reporting Persons Ares Voting LLC | ||||||
| 2 | Check the Appropriate Box if a Member of a Group | ||||||
| (a) | x | ||||||
| (b) | ¨ | ||||||
| 3 | SEC Use Only | ||||||
| 4 | Citizen or Place of Organization Delaware | ||||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
| 6 | Shared Voting Power 19,096,090 | ||||||
| 7 | Sole Dispositive Power 0 | ||||||
| 8 | Shared Dispositive Power 19,096,090 | ||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person 19,096,090 | ||||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
| 11 | Percent of Class Represented by Amount in Row 9 12.3%* | ||||||
| 12 | Type of Reporting Person OO | ||||||
* The calculation of the percentage of outstanding shares is based on 155,032,377 shares of Class A Common Stock outstanding as of December 31, 2021, as reported by the Issuer in its Proxy Statement.
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| CUSIP No. 05478C105 | Schedule 13G | ||||||
| 1 | Names of Reporting Persons Ares Partners Holdco LLC | ||||||
| 2 | Check the Appropriate Box if a Member of a Group | ||||||
| (a) | x | ||||||
| (b) | ¨ | ||||||
| 3 | SEC Use Only | ||||||
| 4 | Citizen or Place of Organization Delaware | ||||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
| 6 | Shared Voting Power 19,096,090 | ||||||
| 7 | Sole Dispositive Power 0 | ||||||
| 8 | Shared Dispositive Power 19,096,090 | ||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person 19,096,090 | ||||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
| 11 | Percent of Class Represented by Amount in Row 9 12.3%* | ||||||
| 12 | Type of Reporting Person OO | ||||||
* The calculation of the percentage of outstanding shares is based on 155,032,377 shares of Class A Common Stock outstanding as of December 31, 2021, as reported by the Issuer in its Proxy Statement.
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|
This amendment (the “Amendment”) is being filed solely to amend Item 8 to Amendment No. 1 to Schedule 13G, filed with the Securities Exchange Commission (“SEC”) on February 14, 2022 (the “Original 13G” and, together with this Amendment, the “Schedule 13G”) on behalf of Ares Corporate Opportunities Fund IV, L.P. (“ACOF IV”), ACOF Operating Manager IV, LLC (“ACOF IV IM”), Ares Management LLC, Ares Management Holdings L.P. (“Ares Management Holdings”), Ares Holdco LLC (“Ares Holdco”), Ares Management Corporation (“Ares Management”), Ares Management GP LLC (“Ares Management GP”), Ares Voting LLC (“Ares Voting”) and Ares Partners Holdco LLC (“Ares Partners” and, together with ACOF IV, ACOF IV IM, Ares Management LLC, Ares Management Holdings, Ares Holdco, Ares Management, Ares Management GP and Ares Voting, the “Reporting Persons”).
Except for Item 8, all Items of Amendment No. 1 remain unchanged. |
| Item 8. | Identification and Classification of Members of the Group |
See Exhibit 99.2.
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 8, 2023
| Ares Corporate Opportunities Fund IV, L.P. | ||
| By: | ACOF Operating Manager IV, LLC | |
| Its: | Manager | |
| Signed: | /s/ Chris Kerezsi | |
| Name: | Chris Kerezsi | |
| Title: | Authorized Signatory | |
| ACOF Operating Manager IV, LLC | ||
| Signed: | /s/ Chris Kerezsi | |
| Name: | Chris Kerezsi | |
| Title: | Authorized Signatory | |
| Ares Management LLC | ||
| Signed: | /s/ Anton Feingold | |
| Name: | Anton Feingold | |
| Title: | Authorized Signatory | |
| Ares Management Holdings L.P. | ||
| By: | Ares Holdco LLC | |
| Its: | General Partner | |
| Signed: | /s/ Anton Feingold | |
| Name: | Anton Feingold | |
| Title: | Authorized Signatory | |
| Ares Holdco LLC | ||
| Signed: | /s/ Anton Feingold | |
| Name: | Anton Feingold | |
| Title: | Authorized Signatory | |
| Ares Management Corporation | ||
| Signed: | /s/ Anton Feingold | |
| Name: | Anton Feingold | |
| Title: | Authorized Signatory | |
| Ares Management GP LLC | ||
| Signed: | /s/ Anton Feingold | |
| Name: | Anton Feingold | |
| Title: | Authorized Signatory | |
| Ares Voting LLC | ||
| By: | Ares Partners Holdco LLC | |
| Its: | Sole Member | |
| Signed: | /s/ Anton Feingold | |
| Name: | Anton Feingold | |
| Title: | Authorized Signatory | |
| Ares Partners Holdco LLC | ||
| Signed: | /s/ Anton Feingold | |
| Name: | Anton Feingold | |
| Title: | Authorized Signatory | |
LIST OF EXHIBITS
| Exhibit No. | Description | |
| 99.2 | Item 8 Information |