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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- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Resonant Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
76118L102
(CUSIP Number)
June 30, 2020
(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
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□
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Rule 13d-1(b)
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☒
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Rule 13d-1(c)
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□
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Rule 13d-1(d)
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*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 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).
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1
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NAMES OF REPORTING PERSONS
Select Equity Group, L.P.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐
(b) ☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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5
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SOLE VOTING POWER
0
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6
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SHARED VOTING POWER
4,000,000
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7
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SOLE DISPOSITIVE POWER
0
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8
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SHARED DISPOSITIVE POWER
4,000,000
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
4,000,000
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10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.6%*
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12
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TYPE OF REPORTING PERSON
IA
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* Beneficial ownership based on 52,749,134 shares of common stock outstanding as of May 5, 2020, as reported on the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on May
7, 2020.
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1
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NAMES OF REPORTING PERSONS
Shinbone Alley, L.P.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐
(b) ☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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5
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SOLE VOTING POWER
0
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6
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SHARED VOTING POWER
4,000,000
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7
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SOLE DISPOSITIVE POWER
0
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8
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SHARED DISPOSITIVE POWER
4,000,000
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
4,000,000
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10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.6%*
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12
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TYPE OF REPORTING PERSON
PN
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* Beneficial ownership based on 52,749,134 shares of common stock outstanding as of May 5, 2020, as reported on the Issuer’s Quarterly Report on Form 10-Q filed with the SEC on May 7, 2020.
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1
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NAMES OF REPORTING PERSONS
George S. Loening
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐<
/font>
(b) ☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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5
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SOLE VOTING POWER
0
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6
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SHARED VOTING POWER
4,000,000
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7
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SOLE DISPOSITIVE POWER
0
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8
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SHARED DISPOSITIVE POWER
4,000,000
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
4,000,000
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10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.6%*
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12
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TYPE OF REPORTING PERSON
IN/HC
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* Beneficial ownership based on 52,749,134 shares of common stock outstanding as of May 5, 2020, as reported on the Issuer’s Quarterly Report on Form 10-Q filed with the SEC on May 7, 2020.
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Item 1(a)
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Name of Issuer:
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Resonant Inc. (the “Issuer”)
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Item 1(b)
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Address of Issuer’s Principal Executive Offices:
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175 Cremona Drive
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Suite 200
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Goleta, CA 93117
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Items 2(a)
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Name of Person Filing:
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This Schedule 13G is being filed jointly by Select Equity Group, L.P., a Delaware limited partnership (“Select LP”), Shinbone Alley, L.P., a Delaware limited partnership (“Shinbone Alley”) and George S. Loening
(“Loening”), who is the majority owner of Select LP and managing member of its general partner and a managing member of the general partner of Shinbone Alley. Select LP, Shinbone Alley and Loening are sometimes collectively referred to herein
as the “Select Reporting Persons.”
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Item 2(b)
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Address of Principal Business Office:
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The business address of each of the Select Reporting Persons is:
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380 Lafayette Street, 6th Floor
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New York, New York 10003
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Item 2(c)
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Citizenship:
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George S. Loening is a United States citizen.
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Item 2(d)
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Title of Class of Securities:
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Common Stock
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Item 2(e)
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CUSIP Number:
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76118L102
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Item 3
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If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether
the person filing is:
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(a)
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☐ Broker or dealer registered under
Section 15 of the Act;
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(b)
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☐ Bank as defined in Section 3(a)(6)
of the Act;
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(c)
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☐ Insurance company as defined in
Section 3(a)(19) of the Act;
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(d)
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☐ Investment company registered under
Section 8 of the Investment Company Act of 1940;
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(e)
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☐ An investment adviser in accordance
with Rule 13d-1(b)(1)(ii)(E);
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(f)
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☐ An employee benefit plan or
endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
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(g)
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☐ A parent holding company or control
person in accordance with Rule 13d-1(b)(1)(ii)(G);
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(h)
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☐ A savings association as defined in
Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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(i)
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☐ A
church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
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(j)
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☐ A non-U.S. institution in
accordance with Rule 240.13d-1(b)(1)(ii)(J);
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(k)
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☐ Group, in accordance with Rule
240.13d-1(b)(1)(ii)(K).
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Item 4
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Ownership:
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The information required by Items 4(a)-(c), as of the date hereof, is set forth in Rows 5-11 of the cover page hereto for each Select Reporting
Person and is incorporated herein by reference for each such Select Reporting Person.
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Item 5
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Ownership of Five Percent or Less of a Class:
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If this statement is being filed to report the fact that as of the date hereof a reporting person has ceased to be the beneficial owner of more than
5 percent of the class of securities, check the following [ ].
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Item 6
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Ownership of More than Five Percent on Behalf of Another Person:
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N/A
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Item 7
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Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company:
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N/A
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Item 8
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Identification and Classification of Members of the Group:
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N/A
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Item 9
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Notice of Dissolution of Group:
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N/A
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Item 10
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Certification:
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By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary
course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
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SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and
correct.
SELECT EQUITY GROUP, L.P.
By: Select Equity GP, LLC, its General Partner
By: /s/ George S. Loening
Name: George S. Loening
Title: Managing Member
SHINBONE ALLEY, L.P.
By: Shinbone Alley Holdings, LLC, its General Partner
By: /s/ George S. Loening
Name: George S. Loening
Title: Manager
/s/ George S. Loening
George S. Loening, an individual
Dated: July 10, 2020