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
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
| FOOT LOCKER, INC. |
| (Name of Issuer) |
| Common stock |
| (Title of Class of Securities) |
| 344849104 |
| (CUSIP Number) |
| September 30, 2024 |
| (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) |
| ☐ | 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).
| CUSIP No.: 344849104 | Schedule 13G | Page 2 of 10 Pages |
| (1) |
Names of Reporting Persons
Vesa Equity Investment S.à r.l. | |
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions) |
(a) ☐ (b) ☐ |
| (3) | SEC Use Only
| |
| (4) |
Citizenship or Place of Organization
Luxembourg | |
| Number of Shares Beneficially Owned by Each Reporting Person With |
(5) |
Sole Voting Power
0 |
| (6) |
Shared Voting Power
10,055,814 | |
| (7) |
Sole Dispositive Power
0 | |
| (8) |
Shared Dispositive Power
10,055,814 |
| (9) |
Aggregate Amount Beneficially Owned by Each Reporting Person
10,055,814 | |
| (10) | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
|
☐ |
| (11) |
Percent of Class Represented by Amount in Row (9)
10.6%* | |
| (12) |
Type of Reporting Person (See Instructions)
CO | |
| * | This percentage is calculated based on 94,851,932 shares of common stock of the Issuer outstanding as of August 31, 2024, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended August 3, 2024 filed with the SEC on September 11, 2024. |
| CUSIP No.: 344849104 | Schedule 13G | Page 3 of 10 Pages |
| (1) |
Names of Reporting Persons
EP Equity Investment S.à r.l. | |
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions) |
(a) ☐ (b) ☐ |
| (3) | SEC Use Only
| |
| (4) |
Citizenship or Place of Organization
Luxembourg | |
| Number of Shares Beneficially Owned by Each Reporting Person With |
(5) |
Sole Voting Power
0 |
| (6) |
Shared Voting Power
10,055,814* | |
| (7) |
Sole Dispositive Power
0 | |
| (8) |
Shared Dispositive Power
10,055,814* |
| (9) |
Aggregate Amount Beneficially Owned by Each Reporting Person
10,055,814* | |
| (10) | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
|
☐ |
| (11) |
Percent of Class Represented by Amount in Row (9)
10.6%** | |
| (12) |
Type of Reporting Person (See Instructions)
CO | |
| * | Consists of 10,055,814 shares of common stock of the Issuer held of record by Vesa Investment S.à r.l. See Item 4 of the Schedule 13G for information on the reporting person’s indirect beneficial ownership of the common stock. |
| ** | This percentage is calculated based on 94,851,932 shares of common stock of the Issuer outstanding as of August 31, 2024, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended August 3, 2024 filed with the SEC on September 11, 2024. |
| CUSIP No.: 344849104 | Schedule 13G | Page 4 of 10 Pages |
| (1) |
Names of Reporting Persons
EP Investment S.à r.l. | |
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions) |
(a) ☐ (b) ☐ |
| (3) | SEC Use Only
| |
| (4) |
Citizenship or Place of Organization
Luxembourg | |
| Number of Shares Beneficially Owned by Each Reporting Person With |
(5) |
Sole Voting Power
0 |
| (6) |
Shared Voting Power
10,055,814* | |
| (7) |
Sole Dispositive Power
0 | |
| (8) |
Shared Dispositive Power
10,055,814* |
| (9) |
Aggregate Amount Beneficially Owned by Each Reporting Person
10,055,814* | |
| (10) | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
|
☐ |
| (11) |
Percent of Class Represented by Amount in Row (9)
10.6%** | |
| (12) |
Type of Reporting Person (See Instructions)
CO | |
| * | Consists of 10,055,814 shares of common stock of the Issuer held of record by Vesa Equity Investment S.à r.l. See Item 4 of the Schedule 13G for information on the reporting person’s indirect beneficial ownership of the common stock. |
| ** | This percentage is calculated based on 94,851,932 shares of common stock of the Issuer outstanding as of August 31, 2024, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended August 3, 2024 filed with the SEC on September 11, 2024. |
| CUSIP No.: 344849104 | Schedule 13G | Page 5 of 10 Pages | |
| (1) |
Names of Reporting Persons
Daniel Křetínský | |
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions) |
(a) ☐ (b) ☐ |
| (3) | SEC Use Only
| |
| (4) |
Citizenship or Place of Organization
Czech Republic | |
| Number of Shares Beneficially Owned by Each Reporting Person With |
(5) |
Sole Voting Power
0 |
| (6) |
Shared Voting Power
10,055,814* | |
| (7) |
Sole Dispositive Power
0 | |
| (8) |
Shared Dispositive Power
10,055,814* |
| (9) |
Aggregate Amount Beneficially Owned by Each Reporting Person
10,055,814* | |
| (10) | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
|
☐ |
| (11) |
Percent of Class Represented by Amount in Row (9)
10.6%** | |
| (12) |
Type of Reporting Person (See Instructions)
IN | |
| * | Consists of 10,055,814 shares of common stock of the Issuer held of record by Vesa Equity Investment S.à r.l. See Item 4 of the Schedule 13G for information on the reporting person’s indirect beneficial ownership of the common stock. |
| ** | This percentage is calculated based on 94,851,932 shares of common stock of the Issuer outstanding as of August 31, 2024, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended August 3, 2024 filed with the SEC on September 11, 2024. |
| CUSIP No.: 344849104 | Schedule 13G | Page 6 of 10 Pages |
| Item 1(a). |
Name of Issuer.
FOOT LOCKER, INC. (the “Issuer”). |
| Item 1(b). |
Address of Issuer’s Principal Executive Offices.
330 West 34th Street, New York, New York 10001. |
| Item 2(a). |
Name of Person Filing.
This Schedule 13G is being filed jointly by (i) Vesa Equity Investment S.à r.l., a company organized and existing under the laws of Luxembourg (“Vesa Equity”), (ii) E P Equity Investment S.à r.l., a company organized and existing under the laws of Luxembourg (“EP Equity Investment”), (iii) EP Investment S.à r.l., a company organized and existing under the laws of Luxembourg (“EP Investment”) and (iv) Daniel Křetínský (each a “Reporting Person” and, collectively, the “Reporting Persons”).
The Reporting Persons have signed a joint filing agreement pursuant to Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, which is filed as Exhibit 99.1 hereto. |
| Item 2(b). |
Address of Principal Business Office or, if none, Residence.
The address of the principal office of each of Vesa Equity, EP Equity Investment and EP Investment is 2, place de Paris, L-2314 Luxembourg.
The address of the principal office of Daniel Křetínský is Parizska 26, 110 00 Prague, Czech Republic. |
| Item 2(c). | Citizenship.
Vesa Equity Investment S.à r.l. is organized under the laws of the Luxembourg. EP Equity Investment S.à r.l. is organized under the laws of Luxembourg. EP Investment S.à r.l. is organized under the laws of Luxembourg. Daniel Křetínský is a Czech citizen. |
| Item 2(d). | Title of Class of Securities.
Common Stock, par value $0.01 |
| Item 2(e). | CUSIP No.
The CUSIP number of the Issuer is 344849104. |
| Item 3. | (a) | ☐ | Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78c); |
| (b) | ☐ | Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); | |
| (c) | ☐ | Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); | |
| (d) | ☐ | Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | |
| (e) | ☐ | Investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); | |
| (f) | ☐ | Employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); | |
| (g) | ☐ | Parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); | |
| (h) | ☐ | Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |
| (i) | ☐ | Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | |
| (j) | ☐ | A non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J); | |
| (k) | ☐ | Group, in accordance with Section 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____________________________. |
| CUSIP No.: 344849104 | Schedule 13G | Page 7 of 10 Pages |
| Item 4. |
Ownership.
Vesa Equity Investment S.à r.l. is the record holder of the reported shares of common stock. The principal shareholder of Vesa Equity is EP Equity Investment S.à r.l. and its principal shareholder is EP Investment S.à r.l., the ultimate beneficial owner of which is Daniel Křetínský. Each of EP Equity Investment S.à r.l., EP Investment S.à r.l. and Mr. Kretinsky may be deemed to share voting and dispositive power over, and thus to be an indirect beneficial owner of, the shares owned by Vesa Equity Investment S.à r.l. | |
| Each Reporting Person: | ||
| (a) |
Amount beneficially owned:
10,055,814 | |
| (b) |
Percent of class:
10.6% | |
| (c) | Number of shares as to which the person has:
| |
| (i) |
Sole power to vote or to direct the vote:
0 | |
| (ii) |
Shared power to vote or to direct the vote:
10,055,814 | |
| (iii) |
Sole power to dispose or to direct the disposition of:
0 | |
| (iv) |
Shared power to dispose or to direct the disposition of:
10,055,814 |
This Schedule 13G is being filed jointly by Vesa Equity Investment S.à r.l., EP Equity Investment S.à r.l., EP Investment S.à r.l. and Daniel Křetínský. The Reporting Persons have signed a joint filing agreement pursuant to Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, which is filed as Exhibit 99.1 hereto.
All share percentage calculations in this Schedule 13G are based on 94,851,932 shares of common stock of the Issuer outstanding as of August 31, 2024, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended August 3, 2024 filed with the SEC on September 11, 2024.
| CUSIP No.: 344849104 | Schedule 13G | Page 8 of 10 Pages |
| Item 5. | Ownership of Five Percent or Less of a Class. |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ☐
Not applicable.
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not applicable.
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. |
Not applicable.
| Item 8. | Identification and Classification of Members of the Group. |
Not applicable.
| Item 9. | Notice of Dissolution of Group. |
Not applicable.
| Item 10. | Certification. |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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, other than activities solely in connection with a nomination under § 240.14a-11.
| CUSIP No.: 344849104 | Schedule 13G | Page 9 of 10 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.
Date: November 7, 2024
| VESA EQUITY INVESTMENT S.À R.L. | ||
| /s/ Marek Spurný | ||
| By: | Marek Spurný | |
| Title: | Authorized Signatory | |
| /s/ Pascal Leclerc | ||
| By: | Pascal Leclerc | |
| Title: | Authorized Signatory | |
| EP EQUITY INVESTMENT S.À R.L. | ||
| /s/ Pavel Horský | ||
| By: | Pavel Horský | |
| Title: | Authorized Signatory | |
| /s/ Pascal Leclerc | ||
| By: | Pascal Leclerc | |
| Title: | Authorized Signatory | |
| EP INVESTMENT S.À R.L. | ||
| /s/ Marek Spurný | ||
| By: | Marek Spurný | |
| Title: | Authorized Signatory | |
| /s/ Pascal Leclerc | ||
| By: | Pascal Leclerc | |
| Title: | Authorized Signatory | |
| DANIEL Křetínský | ||
| /s/ Daniel Křetínský | ||
| By: | Daniel Křetínský | |
| CUSIP No.: 344849104 | Schedule 13G | Page 10 of 10 Pages |
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