Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend]
04 Setembro 2024 - 6:53PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
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. 3)1
Vera Bradley, Inc.
(Name
of Issuer)
Common Stock, without par value
(Title of Class of Securities)
92335C106
(CUSIP Number)
Kenneth Mantel, Esq.
Olshan Frome Wolosky LLP
1325
Avenue of the Americas
New
York, New York 10019
(212)
451-2300
(Name, Address and Telephone Number of Person
Authorized to Receive Notices
and Communications)
August 30, 2024
(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 §§ 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.
1
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).
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 |
|
NAME OF REPORTING PERSON |
|
|
|
|
|
|
|
|
|
|
Fund 1 Investments, LLC |
|
|
2 |
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ☐ |
|
|
|
|
(b) ☐ |
|
|
|
|
|
|
|
3 |
|
SEC USE ONLY |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4 |
|
SOURCE OF FUNDS |
|
|
|
|
|
|
|
|
|
|
AF |
|
|
5 |
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) |
☐ |
|
|
|
|
|
|
|
|
|
|
|
|
6 |
|
CITIZENSHIP OR PLACE OF ORGANIZATION |
|
|
|
|
|
|
|
|
|
|
Delaware |
|
NUMBER OF |
|
7 |
|
SOLE VOTING POWER |
|
SHARES |
|
|
|
|
|
BENEFICIALLY |
|
|
|
|
2,856,155 |
|
OWNED BY |
|
8 |
|
SHARED VOTING POWER |
|
EACH |
|
|
|
|
|
REPORTING |
|
|
|
|
- 0 - |
|
PERSON WITH |
|
9 |
|
SOLE DISPOSITIVE POWER |
|
|
|
|
|
|
|
|
|
|
|
|
2,856,155 |
|
|
|
10 |
|
SHARED DISPOSITIVE POWER |
|
|
|
|
|
|
|
|
|
|
|
|
- 0 - |
|
|
11 |
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
|
|
|
|
|
|
|
|
|
|
2,856,155 |
|
|
12 |
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
☐ |
|
|
|
|
|
|
|
|
|
|
|
|
13 |
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
|
|
|
|
|
|
|
|
|
|
9.7% |
|
|
14 |
|
TYPE OF REPORTING PERSON |
|
|
|
|
|
|
|
|
|
|
OO, HC |
|
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 3. | Source and Amount of Funds or Other Consideration. |
Item 3 is hereby amended
and restated to read as follows:
The Shares beneficially owned
by the Reporting Person were purchased with working capital of the Funds (which may, at any given time, include margin loans made by brokerage
firms in the ordinary course of business) in open market purchases. The aggregate purchase price of the 2,856,155 Shares beneficially
owned by the Reporting Person is approximately $19,794,486, including brokerage commissions.
| Item 5. | Interest in Securities of the Issuer. |
Item 5 is hereby amended
and restated to read as follows:
The aggregate percentage
of Shares reported beneficially owned by the Reporting Person is based upon 29,487,786 Shares outstanding as of June 5, 2024, which is
the total number of Shares outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange
Commission on June 12, 2024.
| (a) | As of the date hereof, Fund 1 Investments beneficially owned 2,856,155 Shares. |
Percentage: Approximately 9.7%
| (b) | 1. Sole power to vote or direct vote: 2,856,155
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 2,856,155
4. Shared power to dispose or direct the disposition: 0 |
| (c) | The transactions in the Shares by Fund 1 Investments on behalf of the Funds since the filing of Amendment
No. 2 are set forth in Schedule A and are incorporated herein by reference. |
| (d) | The Funds have the right to receive, or the power to direct the receipt of dividends from, or the proceeds
from the sale of, the reported securities. |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. |
Item 6 is hereby amended
and restated to read as follows:
The Reporting Person has
entered into certain cash-settled swap agreements with an unaffiliated third-party financial institution (the “Cash-Settled Swaps”).
Collectively, the Cash-Settled Swaps held by the Reporting Person represent economic exposure to an aggregate of 2,415,692 notional Shares,
representing approximately 8.2% of the outstanding Shares. The Cash-Settled Swaps provide the Reporting person with economic results that
are comparable to the economic results of ownership, but do not provide it with the power to vote or direct the voting, or dispose of
or direct the disposition, of the Shares that are subject to the Cash-Settled Swaps.
Other than as described
herein, there are no contracts, arrangements, understandings or relationships between the Reporting Person and any other person, with
respect to the securities of the Issuer.
SIGNATURES
After reasonable inquiry
and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete
and correct.
Dated: September 4, 2024
|
FUND 1 INVESTMENTS, LLC |
|
|
|
By: |
/s/ Benjamin C. Cable |
|
|
Name: |
Benjamin C. Cable |
|
|
Title: |
Chief Operating Officer |
SCHEDULE A
Transactions in the Securities of the
Issuer Since the Filing of Amendment No. 2
Nature of the Transaction |
Amount of Securities
Purchased/(Sold) |
Price ($) |
Date of
Purchase/Sale |
FUND 1 INVESTMENTS, LLC
(On Behalf of the Funds)
Purchase of Common Stock |
2,800 |
6.0364 |
08/23/2024 |
Sale of Common Stock |
(22,500) |
6.0686 |
08/23/2024 |
Vera Bradley (NASDAQ:VRA)
Gráfico Histórico do Ativo
De Out 2024 até Nov 2024
Vera Bradley (NASDAQ:VRA)
Gráfico Histórico do Ativo
De Nov 2023 até Nov 2024