SC 13D/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 7)*

 

 

LHC GROUP, INC.

(Name of Issuer)

Common Stock, Par Value $0.01 Per Share

(Title of Class of Securities)

50187A107

(CUSIP Number)

Christopher Shackelton/Adam Gray

Metro Center

1 Station Place, 7th Floor South

Stamford, CT 06902

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

November 10, 2015

(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 of sections 240.13d-1(e), 240.13d-1(f) or 140.13d-1(g), check the following box.   ¨

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).

 

 

 

 

Page 1 of 10


CUSIP No. 50187A107 (Common Stock)

 

  1.   

Names of Reporting Persons

 

Coliseum Capital Management, LLC

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

AF

  5.  

Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

 

¨

  6.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

0

     8.   

Shared Voting Power

 

1,340,849

     9.   

Sole Dispositive Power

 

0

   10.   

Shared Dispositive Power

 

1,340,849

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,340,849

12.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

13.  

Percent of Class Represented by Amount in Row (9)

 

7.5%

14.  

Type of Reporting Person (See Instructions)

 

OO, IA

 

Page 2 of 10


CUSIP No. 50187A107 (Common Stock)

 

  1.   

Names of Reporting Persons

 

Coliseum Capital, LLC

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

AF

  5.  

Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

 

¨

  6.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

0

     8.   

Shared Voting Power

 

890,301

     9.   

Sole Dispositive Power

 

0

   10.   

Shared Dispositive Power

 

890,301

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

890,301

12.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

13.  

Percent of Class Represented by Amount in Row (9)

 

5.0%

14.  

Type of Reporting Person (See Instructions)

 

OO

 

Page 3 of 10


CUSIP No. 50187A107 (Common Stock)

 

  1.   

Names of Reporting Persons

 

Coliseum Capital Partners, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

WC

  5.  

Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

 

¨

  6.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

0

     8.   

Shared Voting Power

 

664,879

     9.   

Sole Dispositive Power

 

0

   10.   

Shared Dispositive Power

 

664,879

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

664,879

12.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

13.  

Percent of Class Represented by Amount in Row (9)

 

3.7%

14.  

Type of Reporting Person (See Instructions)

 

PN

 

Page 4 of 10


CUSIP No. 50187A107 (Common Stock)

 

  1.   

Names of Reporting Persons

 

Coliseum Capital Partners II, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

WC

  5.  

Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

 

¨

  6.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

0

     8.   

Shared Voting Power

 

225,422

     9.   

Sole Dispositive Power

 

0

   10.   

Shared Dispositive Power

 

225,422

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

225,422

12.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

13.  

Percent of Class Represented by Amount in Row (9)

 

1.3%

14.  

Type of Reporting Person (See Instructions)

 

PN

 

Page 5 of 10


CUSIP No. 50187A107 (Common Stock)

 

  1.   

Names of Reporting Persons

 

Adam Gray

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

AF

  5.  

Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

 

¨

  6.  

Citizenship or Place of Organization

 

United States

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

0

     8.   

Shared Voting Power

 

1,340,849

     9.   

Sole Dispositive Power

 

0

   10.   

Shared Dispositive Power

 

1,340,849

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,340,849

12.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

13.  

Percent of Class Represented by Amount in Row (9)

 

7.5%

14.  

Type of Reporting Person (See Instructions)

 

IN

 

Page 6 of 10


CUSIP No. 50187A107 (Common Stock)

 

  1.   

Names of Reporting Persons

 

Christopher Shackelton

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

AF

  5.  

Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

 

¨

  6.  

Citizenship or Place of Organization

 

United States

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

0

     8.   

Shared Voting Power

 

1,340,849

     9.   

Sole Dispositive Power

 

0

   10.   

Shared Dispositive Power

 

1,340,849

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,340,849

12.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

13.  

Percent of Class Represented by Amount in Row (9)

 

7.5%

14.  

Type of Reporting Person (See Instructions)

 

IN

 

Page 7 of 10


CUSIP No. 50187A107 (Common Stock)

 

Explanatory Note: This Amendment No. 7 (this “Amendment”) to the Schedule 13D (the “Initial 13D”) filed by the Filers (as defined below) with the U.S. Securities and Exchange Commission (the “Commission”) on November 16, 2012, as amended and supplemented by Amendment No. 1 to the Initial 13D filed on March 14, 2013, Amendment No. 2 to the Initial 13D filed on September 17, 2013, Amendment No. 3 to the Initial 13D filed on August 21, 2014, Amendment No. 4 to the Initial 13D filed on June 10, 2015, Amendment No. 5 to the Initial 13D filed on August 12, 2015, and Amendment No. 6 to the Initial 13D filed on September 10, 2015, amends and supplements the items set forth herein.

As used in this statement, the term “Filers” collectively refers to:

 

    Coliseum Capital Management, LLC, a Delaware limited liability company (“CCM”);

 

    Coliseum Capital, LLC, a Delaware limited liability company (“CC”);

 

    Coliseum Capital Partners, L.P., a Delaware limited partnership (“CCP”);

 

    Coliseum Capital Partners II, L.P., a Delaware limited partnership (“CCP2”);

 

    Adam Gray (“Gray”); and

 

    Christopher Shackelton (“Shackelton”).

Item 1. Security and Issuer.

Item 1 is amended and restated in its entirety as follows.

The title of the class of equity securities to which this statement relates to is the Common Stock, $0.01 par value per share (the “Common Stock”) of LHC Group, Inc., a Delaware corporation (the “Issuer”). The principal executive offices of the Issuer are located at 420 West Pinhook Road, Suite A, Lafayette, Louisiana 70503.

Item 5. Interest in Securities of the Issuer.

Item 5 is amended and supplemented as follows:

The information relating to the beneficial ownership of Common Stock by each of the Filers set forth in Rows 7 through 13 of the cover pages hereto is incorporated herein by reference. The percentages set forth in Row 13 for all cover pages filed herewith are calculated based upon 17,970,294 shares of Common Stock outstanding as of November 2, 2015, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2015, filed with the Securities and Exchange Commission on November 5, 2015.

The Filers effected the following transactions in the Common Stock in open market transactions on the dates indicated, and such transactions are the only transactions in the Common Stock by the Filers in the sixty days preceding the filing of this Schedule 13D:

 

Name

   Purchase or Sale      Date      Number of
Shares
     Weighted
Average Price
Per Share
 

CCP

     Sale         11/10/2015         36,276       $ 47.44   

CCP2

     Sale         11/10/2015         9,265       $ 47.44   

Separate Account

     Sale         11/10/2015         14,459       $ 47.44   

CCP

     Sale         11/11/2015         9,673       $ 46.72   

CCP2

     Sale         11/11/2015         2,474       $ 46.72   

Separate Account

     Sale         11/11/2015         3,853       $ 46.72   

CCP

     Sale         11/12/2015         1,210       $ 45.52   

CCP2

     Sale         11/12/2015         310       $ 45.52   

Separate Account

     Sale         11/12/2015         480       $ 45.52   

 

Page 8 of 10


CUSIP No. 50187A107 (Common Stock)

 

The information in Item 6 is incorporated herein by reference.

Item 6. Contracts, Arrangement, Understandings or Relationships with Respect to Securities of the Issuer.

CCM is an investment adviser whose clients, including CCP, CCP2 and the Separate Account, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock. CC is the general partner of CCP and CCP2. Gray and Shackelton are the managers of CC and CCM. CCM has the right to receive performance-related fees from the Separate Account and CC has the right to receive performance-related fees from CCP and CCP2.

 

Page 9 of 10


CUSIP No. 50187A107 (Common Stock)

 

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.

Dated: November 12, 2015

 

COLISEUM CAPITAL MANAGEMENT, LLC    COLISEUM CAPITAL, LLC
By:  

/s/ Chivonne Cassar

   By:   

/s/ Chivonne Cassar,

  Chivonne Cassar, Attorney-in-fact       Chivonne Cassar, Attorney-in-fact
COLISEUM CAPITAL PARTNERS, L.P.    COLISEUM CAPITAL PARTNERS II, L.P.
By:   Coliseum Capital, LLC, General Partner    By:    Coliseum Capital, LLC, General Partner
By:  

/s/ Chivonne Cassar

   By:   

/s/ Chivonne Cassar

  Chivonne Cassar, Attorney-in-fact       Chivonne Cassar, Attorney-in-fact
CHRISTOPHER SHACKELTON    ADAM GRAY
By:  

/s/ Chivonne Cassar

   By:   

/s/ Chivonne Cassar

  Chivonne Cassar, Attorney-in-fact       Chivonne Cassar, Attorney-in-fact

 

Page 10 of 10