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"
- Peter Lynch
What is insider trading>>
- Peter Lynch
What is insider trading>>
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 3) Nam Tai Property Inc. (Name of Issuer) Common Shares, par value US$0.01 per share (Title of Class of Securities) G63907102 (CUSIP Number) Deutsche Bank AG c/o Deutsche Bank AG, Hong Kong Branch Level 52, International Commerce Centre 1 Austin Road, West Kowloon, Hong Kong Maria Chang/ Jessie Liu +852 2203 8660 Cosimo Borrelli c/o Kroll (HK) Limited (formerly known as D&P China (HK) Limited (trading as Kroll)) Level 3, Three Pacific Place 1 Queens Road East, Hong Kong +852 3761 3888 Tai Shaw Hoong c/o Kroll (HK) Limited (formerly known as D&P China (HK) Limited (trading as Kroll)) Level 3, Three Pacific Place 1 Queens Road East, Hong Kong +852 3761 3888 Kent McParland c/o Kroll Advisory (BVI) Limited 3rd Floor, Commerce House, P.O. Box 3339, Road Town Tortola, British Virgin Islands +1 284 340 2532 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) with a copy to: DLA Piper Singapore 80 Raffles Place UOB Plaza 1, #48-01 Singapore 048624 Attention: Timothy Tan/ David Kuo April 4, 2022 (Date of Event Which Requires Filing of This Statement) 13DA Page 1 of 8 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. 13DA Page 2 of 8 1 NAMES OF REPORTING PERSONS Deutsche Bank AG 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) x (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Federal Republic of Germany NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 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% 14 TYPE OF REPORTING PERSON BK, OO 13DA Page 3 of 8 1 NAMES OF REPORTING PERSONS Cosimo Borrelli 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) x (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Australia NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 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% 14 TYPE OF REPORTING PERSON OO 13DA Page 4 of 8 1 NAMES OF REPORTING PERSONS Tai Shaw Hoong 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) x (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Malaysia NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 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% 14 TYPE OF REPORTING PERSON OO 13DA Page 5 of 8 1 NAMES OF REPORTING PERSONS Kent McParland 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) x (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Canada NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 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% 14 TYPE OF REPORTING PERSON OO 13DA Page 6 of 8 The following constitutes Amendment No. 3 to the Schedule 13D filed by the undersigned (Amendment No. 3). This Amendment No. 3 amends the Schedule 13D as specifically set forth herein. Item 4. Purpose of Transaction Item 4 of the Schedule 13D is hereby amended by deleting the first paragraph and replacing it with the following: The transactions in Common Shares by the Reporting Persons in the last 60 days are as follows: Open Market Sales Nature of transaction Number of Price per Common Shares Share Sold Open market sales - February 8, 2022 100,000 $9.0665 Open market sales - February 9, 2022 100,000 $9.1853 Open market sales - February 10, 2022 100,000 $9.1374 Open market sales - February 11, 2022 39,452 $9.0573 Open market sales - February 14, 2022 16,850 $9.0245 Open market sales - February 15, 2022 50,000 $8.8024 Open market sales - February 16, 2022 26,502 $8.5462 Open market sales - March 14, 2022 100,000 $6.0513 Open market sales - March 15, 2022 100,000 $6.1757 Open market sales - March 16, 2022 125,000 $6.3546 Open market sales - March 22, 2022 30,000 $6.8543 Privately Negotiated Transactions On April 4, 2022, 507 Capital LLC, Oasis Investments II Master Fund Ltd. and Diamond Family Investments LLC (collectively "Purchasers") acquired 418,246, 7,835,000 and 150,000 Common Shares respectively from the Reporting Persons at USD5.81 per share in privately negotiated transactions. Item 5. Interest in Securities of the Issuer Item 5 of the Schedule 13D is hereby amended by deleting the information under (a) and (b) and replacing it with the following: As a result of the transactions disclosed in Item 4 above, the Reporting Person no longer have beneficial ownership of any Common Shares. In accordance with Securities and Exchange Commission Release No. 34-395538 (January 12, 1998) (the Release), this filing reflects the Common Shares beneficially owned by certain operating units (collectively, the DB Reporting Units) of Deutsche Bank AG and its subsidiaries and affiliates (collectively, the DB Group). This filing does not reflect any Common Shares, if any, beneficially owned by any operating units of the DB Group, whose ownership of securities is disaggregated from that of the DB Reporting Units in accordance with the Release. The DB Reporting Units disclaim beneficial ownership of the securities beneficially owned by (i) any client accounts with respect to which the DB Reporting Units or their respective employees have voting or investment discretion, or both, and (ii) certain investment entities of which the DB Reporting Units act as the general partner, managing general partner or other manager, to the extent interests in such entities are held by persons other than the DB Reporting Units. 13DA Page 7 of 8 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: April 6, 2022 Deutsche Bank AG By: /s/ Michael Caro Name: Michael Caro Title: /s/ Cosimo Borrelli /s/ Tai Shaw Hoong /s/ Kent McParland 13DA Page 8 of 8