13D Filing: Fir Tree Sells More Shares of CDK Global, Inc. (CDK)

Page 4 of 8 SEC Filing

(e) Civil Proceedings:
The Reporting Person has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or State securities laws or finding any violation with respect to such laws.
Information regarding each executive officer and director of Fir Tree
is set forth in Schedule A attached hereto and is incorporated herein by reference.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The first sentence of Item 3 of the Schedule 13D is hereby amended and restated as follows:
The Common Stock reported herein by the Reporting Person were acquired at an aggregate purchase price of $260,532,068 (excluding
brokerage commissions). Such Common Stock was acquired with investment funds of the Fir Tree Funds.
Item 5. INTEREST IN SECURITIES OF THE ISSUER
Items 5(a), (b) and (c) of the Schedule 13D are hereby amended and restated as follows:
(a) The aggregate number and percentage of shares of Common Stock to which this Schedule 13D relates is 9,139,536 shares of Common Stock, constituting approximately 5.9% of the Issuer’s currently outstanding Common Stock.  The aggregate number and percentage of shares of Common Stock reported herein are based upon the 155,276,390 shares of Common Stock outstanding as of January 29, 2016, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2015, filed with the SEC on February 3, 2016.
(a)

As of the date hereof, Fir Tree may be deemed the beneficial owner
of 9,139,536 shares of Common Stock.

Percentage: Approximately 5.9% as of the date hereof.

(b) 1. Sole power to vote or direct vote: 9,139,536 shares of Common Stock
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 9,139,536 shares of Common Stock
4. Shared power to dispose or direct the disposition: 0
To the knowledge of the Reporting Person, the executive officers and directors of Fir Tree have no beneficial ownership of shares of Common Stock separate from the beneficial ownership held by the Reporting Person.
(b) Fir Tree has the sole power to vote or direct the voting,
and to dispose or direct the disposition of, the 9,139,536 shares of Common Stock held by the Fir Tree Funds.

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