Sec Form 13D Filing - Levinson Sam filing for SONIDA SENIOR LIVING INC. (SNDA) - 2021-12-10

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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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 8)*

SONIDA Senior Living, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

140475104

(CUSIP Number)

Shmuel Lieberman
c/o GF Investments
810 Seventh Avenue
28th Floor,
New York, NY 10019
(212) 259-0300

with a copy to:

Alan J. Sinsheimer

Sullivan & Cromwell LLP

125 Broad Street

New York, NY 10004

(212) 558-4000

 

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

 

December 6, 2021

(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

* 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 ("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. 140475104   13D   Page 2 of 13 Pages
         

 

         
1.  

NAMES OF REPORTING PERSONS

 

Seymour Pluchenik

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)    ☐

(b)    ☒

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS (see instructions)

 

AF

   
5.   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     ☐    
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States of America

   

 

         
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH   7.  

SOLE VOTING POWER

 

0

  8.  

SHARED VOTING POWER

 

840,828(1)

  9.  

SOLE DISPOSITIVE POWER

 

0

  10.  

SHARED DISPOSITIVE POWER

 

840,828(1)

 

         
11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

840,828

   
12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

(see instructions)    ☒

 

   
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

13.05%(2)

   
14.  

TYPE OF REPORTING PERSON (see instructions)

 

IN

   

 

 

1

Represents 63,058 shares of common stock, $0.01 par value (“Common Stock”), of Sonida Senior Living, Inc., a Delaware corporation (the “Issuer”) owned by PF Investors, LLC (“PF Investors”) and 777,770 shares of Common Stock owned by Silk Partners, LP (“Silk”).

2This calculation is based on 6,443,646 shares of Common Stock outstanding as of November 8, 2021, as reported on the Form 10-Q filed by the Issuer on November 11, 2021.

   

 

         
CUSIP No. 140475104   13D   Page 3 of 13 Pages
         
         
1.  

NAMES OF REPORTING PERSONS

 

Sam Levinson

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)    ☐

(b)    ☒

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS (see instructions)

 

OO

   
5.   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     ☐    
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States of America

   
                 

 

         
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH   7.  

SOLE VOTING POWER

 

0

  8.  

SHARED VOTING POWER

 

777,770(3)

  9.  

SOLE DISPOSITIVE POWER

 

0

  10.  

SHARED DISPOSITIVE POWER

 

777,770(3)

 

         
11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

777,770

   
12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

(see instructions) &# xA0;  ☒

 

   
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

12.07%(2)

   
14.  

TYPE OF REPORTING PERSON (see instructions)

 

IN

   

 

 

 

3

Represents 777,770 shares of Common Stock, owned by Silk.

 

   

 

 

         
CUSIP No. 140475104   13D   Page 4 of 13 Pages
         

 

         
1.  

NAMES OF REPORTING PERSONS

 

Simon Glick

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)    ☐

(b)    ☒

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS (see instructions)

 

AF

   
5.   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     ☐    
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States of America

   

 

         
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH   7.  

SOLE VOTING POWER

 

0

  8.  

SHARED VOTING POWER

 

777,770(3)

  9.  

SOLE DISPOSITIVE POWER

 

0

  10.  

SHARED DISPOSITIVE POWER

 

777,770(3)

 

         
11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

777,770

   
12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

(see instructions)    ☒

 

   
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

12.07%(2)

   
14.  

TYPE OF REPORTING PERSON (see instructions)

 

IN

   
   

 

 

         
CUSIP No. 140475104   13D   Page 5 of 13 Pages
         

 

         
1.  

NAMES OF REPORTING PERSONS

 

Silk Partners, LP

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)    ☐

(b)    ☒

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS (see instructions)

 

WC

   
5.   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     ☐    
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

New York

   

 

         
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH   7.  

SOLE VOTING POWER

 

777,770(3)

  8.  

SHARED VOTING POWER

 

0

  9.  

SOLE DISPOSITIVE POWER

 

777,770(3)

  10.  

SHARED DISPOSITIVE POWER

 

0

 

         
11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

777,770

   
12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

(see instructions)    ☒

 

   
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

12.07%(2)

   
14.  

TYPE OF REPORTING PERSON (see instructions)

 

PN

   
   

 

 

 

         
CUSIP No. 140475104   13D   Page 6 of 13 Pages
         

 

         
1.  

NAMES OF REPORTING PERSONS

 

Siget NY Partners, L.P.

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)    ☐

(b)    ☒

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS (see instructions)

 

AF

   
5.   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     ☐    
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

   

 

         
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH   7.  

SOLE VOTING POWER

 

0

  8.  

SHARED VOTING POWER

 

777,770(3)

  9.  

SOLE DISPOSITIVE POWER

 

0

  10.  

SHARED DISPOSITIVE POWER

 

777,770(3)

 

         
11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

777,770

   
12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

(see instructions)    ☒

 

   
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

12.07%(2)

   
14.  

TYPE OF REPORTING PERSON (see instructions)

 

PN

   
   

 

 

         
CUSIP No. 140475104   13D   Page 7 of 13 Pages
         

 

         
1.  

NAMES OF REPORTING PERSONS

 

1271 Associates, LLC

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)    ☐

(b)    ☒

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS (see instructions)

 

AF

   
5.   CHECK BOX IF DISCLO SURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     ☐    
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

   

 

         
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH   7.  

SOLE VOTING POWER

 

0

  8.  

SHARED VOTING POWER

 

777,770(3)

  9.  

SOLE DISPOSITIVE POWER

 

0

  10.  

SHARED DISPOSITIVE POWER

 

777,770(3)

 

         
11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

777,770

   
12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

(see instructions)    ☒

 

   
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

12.07%(2)

   
14.  

TYPE OF REPORTING PERSON (see instructions)

 

OO

   
   

 

 

         
CUSIP No. 140475104   13D   Page 8 of 13 Pages
         

 

         
1.  

NAMES OF REPORTING PERSONS

 

PF Investors, LLC

   
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)    ☐

(b)    ☒

   
3.  

SEC USE ONLY

 

   
4.  

SOURCE OF FUNDS (see instructions)

 

WC

   
5.   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     ☐    
6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

New York

   

 

         
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH   7.  

SOLE VOTING POWER

 

63,058(4)

  8.  

SHARED VOTING POWER

 

0

  9.  

SOLE DISPOSITIVE PO WER

 

63,058(4)

  10.  

SHARED DISPOSITIVE POWER

 

0

 

         
11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

63,058

   
12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

(see instructions)    ☒

 

   
13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.98% (2)

   
14.  

TYPE OF REPORTING PERSON (see instructions)

 

OO

   

 

 

4Represents 63,058 shares of Common Stock owned by PF Investors.

 

   

 

 

         
CUSIP No. 140475104   13D   Page 9 of 13 Pages
         
         

This Amendment No. 8 (this “Amendment”) amends and supplements the statement on Schedule 13D filed by Sam Levinson, Silk Partners, LP, Siget NY Partners, L.P, 1271 Associates, LLC, Seymour Pluchenik, Siget, LLC, Simon Glick and PF Investors, LLC (the “Reporting Persons”) on September 10, 2018, as amended by Amendment No. 1 to Schedule 13D filed on October 9, 2018, Amendment No. 2 to Schedule 13D filed on June 5, 2019, Amendment No. 3 to Schedule 13D filed on July 1, 2019, Amendment No. 4 to Schedule 13D filed on August 17, 2021, Amendment No. 5 to Schedule 13D filed on September 13, 2021, Amendment No. 6 to Schedule 13D filed on October 4, 2021 and Amendment No. 7 to Schedule 13D filed on November 9, 2021 (the “Schedule 13D”), relating to the beneficial ownership of Common Stock of the Issuer. Capitalized terms used herein and not otherwise defined shall have the respective meanings ascribed to them in the Schedule 13D.

 

Except as specifically provided herein, this Amendment does not modify any of the information previously reported in the Schedule 13D.

Item 1.  Security and Issuer.

No changes.

Item 2.  Identity and Background.

No changes.

   

 

         
CUSIP No. 140475104   13D   Page 10 of 13 Pages
         
         

Item 3.  Source or Amount of Funds or Other Consideration.

Item 3 is hereby amended and restated in its entirety as follows:

The aggregate purchase price for the shares of Common Stock beneficially owned by the Reporting Persons (the “Subject Shares”) was $55,227,844.00. Silk and PF Investors used a portion of their working capital to fund those purchases.

Item 4.  Purpose of Transaction.

No changes.

Item 5.  Interest in Securities of the Issuer.

Except as specifically set forth below, no changes.

Item 5(a) is hereby amended and restated in its entirety as follows:

  (a)

Messrs. Levinson and Glick, Silk, Siget, Siget NY and 1271 Associates may be deemed to beneficially own 777,770 shares of Common Stock, or approximately 12.07% of the outstanding shares of Common Stock. Mr. Pluchenik may be deemed to beneficially own 840,828 shares of Common Stock, or approximately 13.05% of the outstanding shares of Common Stock. PF Investors may be deemed to beneficially own 63,058 shares of Common Stock, or approximately 0.98% of the outstanding shares of Common Stock. The foregoing percentage calculations are based on 6,443,646 shares of Common Stock outstanding.

 

See Item 6 for information about shares of Common Stock beneficially owned by the Conversant Investors (the "Conversant Shares"). The Reporting Persons expressly disclaim beneficial ownership of, and thus the Subject Shares reported herein do not include, any shares beneficially owned by the Conversant Investors other than the 840,828 shares reported on the cover pages above.

 

Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

No changes.

Item 7.  Material to Be Filed as Exhibits.

No changes.

   

 

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CUSIP No. 140475104   13D   Page 11 of 13 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.

Dated: December 10, 2021

  SAM LEVINSON
   
  /s/ Sam Levinson
   

 

  SIMON GLICK
   
  /s/ Simon Glick
   

 

  SEYMOUR PLUCHENIK
   
  /s/ Seymour Pluchenik

 

   
  SILK PARTNERS, LP
   
  By Siget NY Partners, LP, a New York limited partnership and general partner of Silk Partners, LP     
     
  By 1271 ASSOCIATES, LLC, a Delaware limited liability company, and general partner of Siget NY Partners, LP
     
  By /s/ Seymour Pluchenik
   

 

Name: Seymour Pluchenik

Title: Managing Member

 

 

   

 

 

         
CUSIP No. 140475104   13D   Page 12 of 13 Pages
         
         

 

 

   
  SIGET NY PARTNERS, L.P.
   
  By 1271 ASSOCIATES, LLC, a Delaware limited liability company and general partner of Siget NY Partners, L.P.
     
  By /s/ Seymour Pluchenik
   

 

Name: Seymour Pluchenik

Title: Managing Member

   
  1271 ASSOCIATES, LLC
   
  By

/s/ Seymour Pluchenik

 

    Name: Seymour Pluchenik
Title: Managing Member
   
  PF INVESTORS, LLC
   
  By

/s/ Seymour Pluchenik

 

    Name: Seymour Pluchenik
Title: Manager

 

 

 

 

   

 

 

 

         
CUSIP No. 140475104   13D   Page 13 of 13 Pages
         

SCHEDULE 1

 

Transactions of the Reporting Persons Effected in the last Sixty Days

 

Silk Partners, LP

 

Trade Date Security Number of Shares Bought / (Sold) Price per Share ($)
11/17/2021 Common Shares 30 $29.99(1)
11/19/2021 Common Shares 2,334 $29.98(2)
11/22/2021 Common Shares 44 $30.01(3)
11/30/2021 Common Shares 13,490 $28.45(4)
12/01/2021 Common Shares 14,454 $28.71(5)
12/02/2021 Common Shares 1,703 $28.42(6)
12/06/2021 Common Shares 5,603 $30.26(7)

 

PF Investors, LLC

 

Trade Date Security Number of Shares Bought / (Sold) Price per Share ($)
11/29/2021 Common Shares 10,000 $30.17(8)
11/30/2021 Common Shares 17,533 $28.45(4)

 

 

(1) Reflects weighted average sale price. Actual sale prices ranged from $29.905 to $30.02. The reporting persons undertake to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
(2) Reflects weighted average sales price. Actual sales prices ranged from $29.78 to $30.02. The reporting persons undertake to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
(3) Reflects weighted average sale price. Actual sale prices ranged from $29.73 to $30.02. The reporting persons undertake to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
(4) Reflects weighted average sale price. Actual sale prices ranged from $27.725 to $28.67. The reporting persons undertake to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
(5) Reflects weighted average sale price. Actual sale prices ranged from $28.49 to $28.77. The reporting persons undertake to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
(6) Reflects weighted average sale price. Actual sale prices ranged from $28.285 to $28.52. The reporting persons undertake to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
(7) Reflects weighted average sale price. Actual sale prices ranged from $29.87 to $30.52. The reporting persons undertake to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
(8) Reflects weighted average sale price. Actual sale prices ranged from $29.97 to $30.27. The reporting persons undertake to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.