13D Filing: Krensavage Asset Management, Llc and Rti Surgical, Inc. (RTIX)

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Krensavage filed a preliminary proxy statement in connection with the Annual Meeting, which included Mr. Lehrich as one of Krensavage’s four highly qualified nominees.
Item 5.
Interest in Securities of the Issuer.
Items 5(a)-(c) are hereby amended and restated to read as follows:
The aggregate percentage of Shares reported owned by each person named herein is based upon 57,803,111 Shares outstanding, as of February 26, 2016, which is the total number of Shares outstanding as reported in the Issuer’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 7, 2016.
A.
Krensavage Partners
 
(a)
As of the date hereof, Krensavage Partners directly owns 2,925,170 Shares.
Percentage: Approximately 5.1%
 
(b)
1. Sole power to vote or direct vote: 2,925,170
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 2,925,170
 
4. Shared power to dispose or direct the disposition: 0
 
(c)
Krensavage Partners has not entered into any transactions in the Shares since the filing of Amendment No. 1 to the Schedule 13D.
B.
Krensavage Advisors
 
(a)
Krensavage Advisors, as the general partner of Krensavage Partners, may be deemed the beneficial owner of the 2,925,170 Shares owned by Krensavage Partners.
Percentage: Approximately 5.1%
 
(b)
1. Sole power to vote or direct vote: 2,925,170
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 2,925,170
 
4. Shared power to dispose or direct the disposition: 0
 
(c)
Krensavage Advisors has not entered into any transactions in the Shares since the filing of Amendment No. 1 to the Schedule 13D.

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