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.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
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Amneal Pharmaceuticals, Inc.
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(Name of Issuer)
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Class A Common Stock, par value $0.01
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(Title of Class of Securities)
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03168L105
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(CUSIP Number)
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Gautam Patel
1 John Street, #9D
Brooklyn, NY 11201
(917) 365-6300
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
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December 1, 2021
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(Date of Event which Requires Filing of this Statement)
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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).
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CUSIP No. 03168L105
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13D
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Page 1 of 4
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1
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NAMES OF REPORTING PERSONS
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Gautam Patel
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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☒
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(b)
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☐
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (SEE INSTRUCTIONS)
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OO
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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United States
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7
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SOLE VOTING POWER
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33,885,406
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8
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SHARED VOTING POWER
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0
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9
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SOLE DISPOSITIVE POWER
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33,885,406
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10
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SHARED DISPOSITIVE POWER
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0
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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33,885,406
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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11.1%1
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14
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
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The percentage of ownership of the Class A Common Stock by the Reporting Person presented in this Statement is based on 306,544,199 shares of Class A Common
Stock outstanding, as described in the Agreement and Plan of Merger filed as Exhibit 2.1 to the Issuer’s Form 8-K, filed on November 8, 2023.
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CUSIP No. 03168L105
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13D
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Page 2 of 4
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This Amendment No. 4 to Schedule 13D (this “Amendment No. 4”) amends and supplements the Schedule 13D filed with the SEC on July 9, 2018 (the “Initial 13D” and, as amended and supplemented through
the date of this Amendment No. 4, the “Schedule 13D”), by the Reporting Person relating to Class A Common Stock of the New Issuer. Capitalized terms used but not defined in this Amendment No. 4 shall have the meanings set forth in the Schedule 13D.
Item 2. Identity and Background.
Item 2 of the Schedule 13D is hereby deleted in its entirety and replaced with the following:
The Schedule 13D is being filed by Gautam Patel (the “Reporting Person”).
The present principal occupation of the Reporting Person is serving as President of Cepheid Capital, LLC and President of Tattva Fiduciary Company (“Tattva”). The Reporting Person is also the sole
owner of Tattva.
The T-Twelve Legacy Trust dated December 8, 2006 (the “T-Twelve Trust”) is an irrevocable trust governed by the laws of the State of Nevada, of which Tattva is the sole trustee.
The Falcon Trust dated December 11, 2001 (the “Falcon Trust”) is an irrevocable trust governed by the laws of the State of Nevada, of which Tattva is the sole trustee.
The AHPPCB Legacy Trust U/A February 1, 2014 (the “Legacy Trust” and, together with the T-Twelve Trust and the Falcon Trust, the “Trusts”) is an irrevocable trust governed by the laws of the State
of Nevada, of which Tattva is the sole trustee. Tattva is also the sole trustee of certain other trusts that hold Class A Common Stock of the New Issuer.
The business address of the Reporting Person is 1 John Street, #9D, Brooklyn, NY 11201.
The business address of each of the Trusts is c/o Sierra Fiduciary Support Services, 100 West Liberty Way, 10th Floor, Reno, Nevada 89501.
During the last five years, the Reporting Person has not been (i) convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) 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.
Item 4. Purpose of Transaction.
The disclosure in Item 4 is hereby amended and supplemented by adding the following:
Tattva was designated as the sole trustee of the Legacy Trust on December 1, 2021. In connection with the settlement of the First Merger and the Second Merger, Tattva and the New
Issuer determined that the Legacy Trust holds 3,073,298 shares of the Class A Common Stock of the Issuer which, although reported to Tattva after Tattva was designated as its sole trustee, were not previously reflected as being beneficially owned
by the Reporting Person in the Schedule 13D due to a clerical error. The Reporting Person is filing this Amendment No. 4 to add the shares of Class A Common Stock held by the Legacy Trust to the shares of Class A Common Stock disclosed as being
beneficially owned by the Reporting Person due to his position with, and ownership of, Tattva.
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CUSIP No. 03168L105
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13D
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Page 3 of 4
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Item 5. Interest in Securities of the Issuer.
The disclosure in Item 5 is hereby amended and restated in its entirety to read as follows:
(a) – (b)
The following sets forth, as of the date of this Schedule 13D, the aggregate number of shares of Class A Common Stock and percentage of Class A Common Stock beneficially owned by
the Reporting Person, as well as the number of shares of Class A Common Stock as to which the Reporting Person has the sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the
disposition, or shared power to dispose or to direct the disposition of, as of the date hereof, based on 306,544,199 shares of Class A Common Stock outstanding, as described in the Agreement and Plan of Merger filed as Exhibit 2.1 to the Issuer’s
Form 8-K, filed on November 8, 2023:
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Reporting Person
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Amount
beneficially owned |
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Percent
of class |
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Sole
power to vote or to direct the vote |
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Shared
power to vote or to direct the vote |
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Sole power
to dispose or to direct the disposition |
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Shared
power to dispose or to direct the disposition |
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Gautam Patel
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33,885,406
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11.1
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33,885,406
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0
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33,885,406
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0
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The Reporting Person owns directly (i) 374,318 shares of Class A Common Stock, (ii) 24,977 shares of Class A Common Stock issuable upon exercise of options
exercisable for $15.01 per share, which expire on May 7, 2028 and (iii) 28,044 shares of Class A Common Stock issuable upon exercise of options exercisable for $14.05 per share, which expire on May 6, 2029; and may be deemed to beneficially own
33,458,067 shares of Class A Common Stock held of record by the Trusts controlled by the Reporting Person.
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(c)
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The information set forth in Item 4 of this Amendment No. 4 is incorporated by reference herein.
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(d)
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None.
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(e)
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Not applicable.
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CUSIP No. 03168L105
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13D
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Page 4 of 4
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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.
Date: December 1, 2023
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/s/ Gautam Patel |
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Gautam Patel |
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