Filing Details

Accession Number:
0001377789-22-000117
Form Type:
13D Filing
Publication Date:
2022-08-15 20:00:00
Filed By:
Aviat Networks, Inc.
Company:
Ceragon Networks Ltd (NASDAQ:CRNT)
Filing Date:
2022-08-16
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Aviat Networks, Inc 4,288,757 0 4,288,757 0 4,288,757 5.1%
Weinstock Legacy 0 10,000 0 10,000 10,000 0.01%
Craig Weinstock 0 10,000 0 10,000 10,000 0.01%
Filing


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Amendment No. 10 to
SCHEDULE 13D/A

Under the Securities Exchange Act of 1934
(Amendment No. 10)*

CERAGON NETWORKS LTD.
(Name of Issuer)

Ordinary Shares, par value NIS 0.01 per share
(Title of Class of Securities)

M22013102
(CUSIP Number)


Nitzba City, Plot 300, Bldg. A, 7th floor, POB 112, Rosh Ha’Ayin 4810002, Israel

Tel: (+972 ) 3-543-1643

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

With a copy to

Michael Gibson, Katherine Frank, and Stephen Gill
Vinson & Elkins LLP
200 West 6th Street, Suite 2500
Austin, TX 78701
512-542-8400

August 16, 2022
(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.

*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).

(Continued on following pages)




CUSIP No. M22013102

1NAME OF REPORTING PERSON:
Aviat Networks, Inc.
2CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) o
(b)
3SEC USE ONLY:
4SOURCE OF FUNDS:
WC
5CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e):
6CITIZENSHIP OR PLACE OF ORGANIZATION:
Delaware
7SOLE VOTING POWER: 4,288,757
NUMBER OF8SHARED VOTING POWER: 0
SHARES
9SOLE DISPOSITIVE POWER: 4,288,757
BENEFICIALLY
OWNED BY
10SHARED DISPOSITIVE POWER: 0
EACH
REPORTING
PERSON WITH:
11AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 4,288,757
12CHECK IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES:
13PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
5.1% (1)
14TYPE OF REPORTING PERSON:
CO

(1)Based on 84,032,943 Ordinary Shares (as defined herein) issued and outstanding as of July 17, 2022, as disclosed in the Issuer’s (as defined herein) proxy statement dated July 18, 2022.


image_0a.jpg

CUSIP No. M22013102


1NAME OF REPORTING PERSON:
Weinstock Legacy, LLC
2CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) o
(b)
3SEC USE ONLY:
4SOURCE OF FUNDS:
WC
5CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e):
6CITIZENSHIP OR PLACE OF ORGANIZATION:
Texas
7SOLE VOTING POWER: 0
NUMBER OF8SHARED VOTING POWER: 10,000*
SHARES
9SOLE DISPOSITIVE POWER: 0
BENEFICIALLY
OWNED BY
10SHARED DISPOSITIVE POWER: 10,000*
EACH
REPORTING
PERSON WITH:
11AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 10,000
12CHECK IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES:
13PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
0.01% (1)
14TYPE OF REPORTING PERSON:
OO

*Consists of shares owned by Weinstock Legacy, LLC

(1)Based on 84,032,943 Ordinary Shares (as defined herein) issued and outstanding as of July 17, 2022, as disclosed in the Issuer’s (as defined herein) proxy statement dated July 18, 2022.




image_0a.jpg



CUSIP No. M22013102


1NAME OF REPORTING PERSON:
Craig Weinstock
2CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) o
(b)
3SEC USE ONLY:
4SOURCE OF FUNDS:
PF, AF
5CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e):
6CITIZENSHIP OR PLACE OF ORGANIZATION:
United States
NUMBER OF7SOLE VOTING POWER: 0
8SHARED VOTING POWER: 10,000*
SHARES
BENEFICIALLY9SOLE DISPOSITIVE POWER: 0
OWNED BY
EACH10SHARED DISPOSITIVE POWER: 10,000*
REPORTING
PERSON WITH:
11AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 10,000
12CHECK IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES:
13PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
0.01% (1)
14TYPE OF REPORTING PERSON:
IN

*Consists of shares owned by Weinstock Legacy, LLC

(1)Based on 84,032,943 Ordinary Shares (as defined herein) issued and outstanding as of July 17, 2022, as disclosed in the Issuer’s (as defined herein) proxy statement dated July 18, 2022.






Explanatory Note: This statement on Schedule 13D amends the previously amended Schedule 13D of Aviat Networks, Inc. (one of the “Reporting Persons”) that was filed with the Securities and Exchange Commission on June 27, 2022, and amended on July 8, 2022, July 13, 2022, July 22,2022, July 29, 2022, August 1, 2022, August 3, 2022, August 4, 2022, August 10, 2022, and August 11, 2022 with respect to the Ordinary Shares of Ceragon Networks, Ltd. (the “Issuer”). This amendment to the Schedule 13D constitutes Amendment No. 10 to the Schedule 13D. Capitalized terms used by not defined herein have the meaning given to such terms in the Schedule 13D. Except as set forth herein, the Schedule 13D is unmodified.

Item 4. Purpose of Transaction.

Item 4 is hereby amended to add the following:

On August 16, 2022, Aviat Networks, Inc. (“Aviat” or the “Company”), issued an open letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) (“Ceragon” or the “Company”) urging shareholders to vote for all five Aviat nominees to the Ceragon Board of Directors and for the removal of three current Ceragon directors – Yael Langer, Ira Palti and David Ripstein. A copy of the press release is attached hereto as Exhibit O and is incorporated herein by reference.


Item 7. Material to be Filed as Exhibits.

Item 7 is hereby amended to add the following exhibit:

Exhibit O    August 16, 2022 Letter issued to Shareholders of Ceragon Networks, Ltd.





[CUSIP NO.M22013102]


SIGNATURE

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: August 16, 2022



Aviat Networks, Inc.

By:    /s/ Pete Smith

Name:Pete Smith
Title:President and Chief Executive Officer


Weinstock Legacy, LLC

By:    /s/ Erin Boase, as attorney-in-fact

Name:Craig Weinstock
Title:President


/s/ Erin Boase, as attorney-in fact
image_2a.jpg

Name: Craig Weinstock