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 13D/A
Information To Be Included in Statements Filed Pursuant to § 240.13d-1(a) and
Amendments Thereto Filed Pursuant to § 240.13d-2(a)
(Amendment No. 2)*
__________________________________________________________
MANITEX INTERNATIONAL, INC.
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
563420108
(CUSIP Number)
Tadashi Suzuki
Ko-34, Shinden-cho, Takamatsu,
Kagawa 761-0185, Japan
+81-87-839-5743
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
With Copies To:
Morgan, Lewis & Bockius LLP
ATTN: Bradley K. Edmister
101 Park Avenue, New York, New York 10178-0060
Telephone: +1-212-309-6110
March 6, 2020
(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 off §§ 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.
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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 disclosures provided in a prior cover page.
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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. 563420108
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13D
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1
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NAME OF REPORTING PERSONS
Tadano Ltd.
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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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SOURCE OF FUNDS
WC, 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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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
Japan
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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
2,924,152
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8
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SHARED VOTING POWER
0
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9
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SOLE DISPOSITIVE POWER
2,924,152
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10
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SHARED DISPOSITIVE POWER
0
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,924,152
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.8% (1)
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14
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TYPE OF REPORTING PERSON
CO
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(1) Based upon 19,713,185 shares of Common Stock, no par value (“Common Stock”) of the Issuer (as defined below) outstanding as of December 31, 2019, as reported in the Issuer’s Annual Report
on Form 10-K for the fiscal year ended December 31, 2019, filed with the Securities and Exchange Commission (the “Commission”) on March 10, 2020.
This Amendment No. 2 amends the Schedule 13D filed with the Commission on June 1, 2018 (the “Schedule 13D”), as amended by Amendment No. 1 filed with the SEC on March 18, 2019. Unless otherwise
stated herein, the Schedule 13D remains in full force and effect. Terms used herein and not otherwise defined herein shall have the meaning ascribed thereto in the Schedule 13D.
Item 4. Purpose of Transaction
Item 4 is hereby amended and restated in its entirety as follows:
The shares of Common Stock owned by the Reporting Person have been acquired for investment purposes. The Reporting Person may make further acquisitions of the Common Stock from
time to time and, subject to certain restrictions, including a lock-up provision that significantly restricts the Reporting Person’s discretion to dispose of shares of the Issuer’s Common Stock for a period of one year following the Closing Date as
set forth in the Purchase Agreement, may dispose of any or all of the Common Stock held by it at any time depending on an ongoing evaluation of the investment in such securities, prevailing market conditions, other investment opportunities and other
factors.
Except for the foregoing, the Reporting Person has no plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (a) through (c) and
(e) through (j) of Item 4 of Schedule 13D. However, as part of its ongoing evaluation of this investment and investment alternatives, the Reporting Person may consider such matters and, subject to applicable law, may hold discussions with or make
proposals to the management or the board of directors of the Issuer, other shareholders of the Issuer or other third parties regarding such matters.
With respect to paragraph (d) of Item 4, the Reporting Person has, pursuant to the Purchase Agreement, the right to nominate one individual (the “Nomination Right”) to
serve on the Issuer’s Board of Directors (the “Board”) at any time on or following May 24, 2018. Pursuant to the Nomination Right, the Reporting Person has nominated Mr. Ingo Schiller to serve on the Issuer’s Board.
On March 13, 2019, Mr. Schiller was granted 9,000 shares of Common Stock by the Issuer as compensation for his service on the Board, of which 4,290 shares are vested or will
vest within 60 days of this Amendment No. 2 and 4,710 shares remain subject to vesting conditions. The shares were assigned to the Reporting Person under the terms of Mr. Schiller’s arrangement with the Reporting Person.
On March 6, 2020, Mr. Schiller was granted 4,000 shares of Common Stock by the Issuer as compensation for his service on the Board, of which 1,320 shares vested immediately
and 2,680 shares remain subject to vesting conditions. The shares were assigned to the Reporting Person under the terms of Mr. Schiller’s arrangement with the Reporting Person.
Item 5. Interest in Securities of the Issuer
Item 5 is hereby amended and restated in its entirety as follows:
(a)-(b) As of the date hereof, the Reporting Person may be deemed to be the beneficial owner of 2,924,152 shares of Common Stock, representing approximately 14.8% of the Issuer’s
issued and outstanding shares of Common Stock, based upon 19,713,185 shares of Common Stock outstanding as of December 31, 2019, as reported in the Issuer’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, filed with the
Commission on March 10, 2020. None of the persons listed on Schedule A hereto is the beneficial owner of any shares of Common Stock.
(c) Except as described in this Schedule 13D, there have been no transactions in the shares of common stock effected by the Reporting Person, or, to the best of the Reporting Person’s
knowledge, any person identified on Schedule A hereto, during the past 60 days.
(d) None.
(e) Not applicable.
[The remainder of this page intentionally left blank]
SIGNATURE
After reasonable inquiry and to the best of the knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: March 12, 2020
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Tadano Ltd.
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By:
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/s/ Tadashi Suzuki
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Name:
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Tadashi Suzuki
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Title:
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Representative Director, Executive Vice President
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SCHEDULE A
The following table sets forth the name, principal business address and present principal occupation or employment, for each executive officer and director of Tadano Ltd. Each of the
executive officers and directors of Tadano Ltd. listed below is a citizen of Japan.
Tadano Ltd.
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Name
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Principal Business Address
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Present Principal Occupation
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Koichi Tadano
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Ko-34, Shinden-Cho, Takamatsu,
Kagawa 761-0185 Japan
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Representative Director, President and CEO
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Tadashi Suzuki
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Ko-34, Shinden-Cho, Takamatsu,
Kagawa 761-0185 Japan
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Representative Director, Executive Vice President
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Tamaki Okuyama
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5405-3, Shido, Sanuki, Kagawa 769-2101
Japan
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Director, Senior Executive Officer
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Toshiaki Ujiie
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Ko-34, Shinden-Cho, Takamatsu,
Kagawa 761-0185 Japan
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Director, Senior Executive Officer
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Yoichiro Nishi
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5405-3, Shido, Sanuki, Kagawa 769-2101
Japan
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Director, Executive Officer
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Yasuyuki Yoshida
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Ko-34, Shinden-Cho, Takamatsu,
Kagawa 761-0185 Japan
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Director
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Yoshinori Noguchi
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Ko-34, Shinden-Cho, Takamatsu,
Kagawa 761-0185 Japan
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Director
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Shinichi Iimura
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4-12, Kamezawa 2-chome, Sumida-Ku,
Tokyo 130-0014 Japan
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Executive Officer
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Toshiyuki Takanashi
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4-12, Kamezawa 2-chome, Sumida-Ku,
Tokyo 130-0014 Japan
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Executive Officer
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Soroku Hashikura
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Ko-34, Shinden-Cho, Takamatsu,
Kagawa 761-0185 Japan
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Executive Officer
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Kenichi Sawada
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Faunberg 2, 91207 Lauf a.d. Pegnitz,
Germany
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Executive Officer
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