Filing Details

Accession Number:
0000921895-16-003303
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-02-12 15:21:04
Reporting Period:
2016-02-10
Filing Date:
2016-02-12
Accepted Time:
2016-02-12 15:21:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
941604 Outerwall Inc OUTR Services-Personal Services (7200) 913156448
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1559771 Engaged Capital Llc 610 Newport Center Drive
Suite 250
Newport Beach CA 92660
No No Yes No
1559850 Engaged Capital Ii Lp 610 Newport Center Drive
Suite 250
Newport Beach CA 92660
No No No Yes
1559851 Engaged Capital I Lp 610 Newport Center Drive
Suite 250
Newport Beach CA 92660
No No No Yes
1559940 Ltd Offshore I Capital Engaged 610 Newport Center Drive
Suite 250
Newport Beach CA 92660
No No No Yes
1580760 Engaged Capital Master Feeder I, Lp Cricket Square, Hutchins Drive
P.o. Box 2681
Grand Cayman E9 KY1-1111
No No No Yes
1580761 Engaged Capital Master Feeder Ii, Lp Cricket Square, Hutchins Drive
P.o. Box 2681
Grand Cayman E9 KY1-1111
No No No Yes
1580769 Engaged Capital Holdings, Llc 610 Newport Center Drive
Suite 250
Newport Beach CA 92660
No No Yes No
1580771 W. Glenn Welling C/O Engaged Capital, Llc
610 Newport Center Dr. Suite 250
Newport Beach CA 92660
No No Yes No
1619827 Engaged Capital Ii Offshore, Ltd. 610 Newport Center Drive
Suite 250
Newport Beach CA 92660
No No No Yes
1666151 Engaged Capital Co-Invest Iii Lp 610 Newport Center Drive, Suite 250
Newport Beach CA 92660
No No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-02-10 96,000 $25.98 96,000 No 4 P Indirect By: Managed Account of Engaged Capital, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By: Managed Account of Engaged Capital, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 196,918 Indirect By: Engaged Capital Master Feeder I, LP
Common Stock 487,459 Indirect By: Engaged Capital Master Feeder II, LP
Common Stock 1,650,793 Indirect By: Engaged Capital Co-Invest III, L.P.
Footnotes
  1. This Form 4 is filed jointly by Engaged Capital Master Feeder I, LP ("Engaged Capital Master I"), Engaged Capital Master Feeder II, LP ("Engaged Capital Master II"), Engaged Capital Co-Invest III, L.P. ("Engaged Capital Co-Invest III"), Engaged Capital I, LP ("Engaged Capital I"), Engaged Capital I Offshore, Ltd. ("Engaged Capital Offshore"), Engaged Capital II, LP ("Engaged Capital II"), Engaged Capital II Offshore Ltd. ("Engaged Capital Offshore II"), Engaged Capital, LLC ("Engaged Capital"), Engaged Capital Holdings, LLC ("Engaged Holdings") and Glenn W. Welling (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
  2. Shares owned directly by Engaged Capital Master I. As feeder funds of Engaged Capital Master I, each of Engaged Capital I and Engaged Capital Offshore may be deemed to beneficially own the shares owned directly by Engaged Capital Master I. As the general partner and investment adviser of Engaged Capital Master I, Engaged Capital may be deemed to beneficially own the shares owned directly by Engaged Capital Master I. Engaged Holdings, as the managing member of Engaged Capital, may be deemed to beneficially own the shares owned directly by Engaged Capital Master I. Mr. Welling, as the Founder and Chief Investment Officer of Engaged Capital and sole member of Engaged Holdings, may be deemed to beneficially own the shares owned directly by Engaged Capital Master I.
  3. Shares owned directly by Engaged Capital Master II. As feeder funds of Engaged Capital Master II, each of Engaged Capital II and Engaged Capital Offshore II may be deemed to beneficially own the shares owned directly by Engaged Capital Master II. As the general partner and investment adviser of Engaged Capital Master II, Engaged Capital may be deemed to beneficially own the shares owned directly by Engaged Capital Master II. Engaged Holdings, as the managing member of Engaged Capital, may be deemed to beneficially own the shares owned directly by Engaged Capital Master II. Mr. Welling, as the Founder and Chief Investment Officer of Engaged Capital and sole member of Engaged Holdings, may be deemed to beneficially own the shares owned directly by Engaged Capital Master II.
  4. Shares owned directly by Engaged Capital Co-Invest III. As the general partner and investment adviser of Engaged Capital Co-Invest III, Engaged Capital may be deemed to beneficially own the shares owned directly by Engaged Capital Co-Invest III. Engaged Holdings, as the managing member of Engaged Capital, may be deemed to beneficially own the shares owned directly by Engaged Capital Co-Invest III. Mr. Welling, as the Founder and Chief Investment Officer of Engaged Capital and sole member of Engaged Holdings, may be deemed to beneficially own the shares owned directly by Engaged Capital Co-Invest III.
  5. Shares held in an account separately managed by Engaged Capital (the "Engaged Capital Account"). Engaged Capital, as the investment adviser of the Engaged Capital Account, may be deemed to beneficially own the shares held in the Engaged Capital Account. Engaged Holdings, as the managing member of Engaged Capital, may be deemed to beneficially own the shares held in the Engaged Capital Account. Mr. Welling, as the Founder and Chief Investment Officer of Engaged Capital and sole member of Engaged Holdings, may be deemed to beneficially own the shares held in the Engaged Capital Account.