UNITED STATES

 

 

SECURITIES AND EXCHANGE
COMMISSION

 

 

Washington, D.C. 20549

 

 

SCHEDULE 13D
(Rule 13d-101)

 

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d 1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)

 

Under the Securities Exchange Act of 1934
(Amendment No. 4)*

Chart Industries, Inc.

(Name of Issuer)

 

Common Stock, par value $0.01 per share

(Title of Class of Securities)

 

16115Q 20 9

(CUSIP Number)

 

Sara D. Lipscomb

 

John B. Frank

Senior Vice President and General Counsel

 

Principal and General Counsel

Audax Group

 

Oaktree Capital Management, LLC

101 Huntington Avenue

 

333 South Grand Avenue, 28th Floor

Boston, Massachusetts  02199

 

Los Angeles, California  90071

(617) 859-1500

 

(213) 830-6300

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

 

Copy to:

Dennis M. Myers, P.C.

Kirkland & Ellis LLP

200 East Randolph Drive

Chicago, Illinois  60601

(312) 861 2110

 

October 17, 2005

(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. o

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).

 



 

CUSIP No.   16115Q 20 9

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Audax Chart LLC

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable.

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
0

 

9.

Sole Dispositive Power 
0

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
0

 

 

14.

Type of Reporting Person (See Instructions)
OO

 

2



 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Audax Private Equity Fund, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable.

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
0

 

9.

Sole Dispositive Power 
0

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
0

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

3



 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Audax Private Equity Business, L.L.C.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable.

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
0

 

9.

Sole Dispositive Power 
0

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
0

 

 

14.

Type of Reporting Person (See Instructions)
OO

 

4



 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Audax Private Equity Business, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable.

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
0

 

9.

Sole Dispositive Power 
0

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
0

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

5



 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Audax Holdings I, L.L.C.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable.

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
0

 

9.

Sole Dispositive Power 
0

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
0

 

 

14.

Type of Reporting Person (See Instructions)
OO

 

6



 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Audax Group, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable.

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
0

 

9.

Sole Dispositive Power 
0

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
0

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

7



 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
101 Huntington Holdings, L.L.C.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable.

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
0

 

9.

Sole Dispositive Power 
0

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
0

 

 

14.

Type of Reporting Person (See Instructions)
OO

 

8



 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Marc B. Wolpow

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable.

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
0

 

9.

Sole Dispositive Power 
0

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
0

 

 

14.

Type of Reporting Person (See Instructions)
IN

 

9



 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Geoffrey S. Rehnert

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable.

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
0

 

9.

Sole Dispositive Power 
0

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
0

 

 

14.

Type of Reporting Person (See Instructions)
IN

 

10



 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Audax Management Company, LLC

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable.

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
0

 

9.

Sole Dispositive Power 
0

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
0

 

 

14.

Type of Reporting Person (See Instructions)

 

11



 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
OCM Principal Opportunities Fund II, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable.

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
0

 

9.

Sole Dispositive Power 
0

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11) 
0

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

12



 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Oaktree Capital Management, LLC

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable.

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
California

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
0

 

9.

Sole Dispositive Power 
0

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0

 

 

14.

Type of Reporting Person (See Instructions)
IA, OO

 

13



 

Introduction

 

This Amendment No. 4 supplements and amends the Schedule 13D previously filed with the Securities and Exchange Commission on September 25, 2003 (as amended by Amendment No. 1 filed on June 11, 2004, by Amendment No. 2 filed on October 6, 2004 and by Amendment No. 3 filed on August 8, 2005, the “Schedule 13D”), by Audax Chart LLC, Audax Private Equity Fund, L.P., Audax Private Equity Business, L.L.C., Audax Private Equity Business, L.P., Audax Holdings I, L.L.C., Audax Group, L.P., 101 Huntington Holdings, L.L.C., Marc B. Wolpow, Geoffrey S. Rehnert and Audax Management Company, LLC (collectively, the “Audax Reporting Persons”) and  OCM Principal Opportunities Fund II, L.P. and Oaktree Capital Management, LLC (collectively, the “Oaktree Reporting Persons” and together with the Audax Reporting Persons, the “Reporting Persons” ), relating to the common stock, par value $0.01 per share (the “Common Stock”), of Chart Industries, Inc. (the “Issuer”), a Delaware corporation.  Capitalized terms used and not defined in this Amendment No. 4 shall have the meanings set forth in the Schedule 13D.  Except as specifically provided herein, this Amendment No. 4 does not modify any of the information previously reported on the Schedule 13D.

 

Item 4.

Purpose of Transaction

Item 4 is hereby amended to add the following at the end thereof:

On October 17, 2005, the Principal Stockholders, including Audax Chart LLC and OCM Principal Opportunities Fund II, L.P., sold their shares of Common Stock of the Issuer to the Merger Subsidiary pursuant to the terms of the Merger Agreement.   In connection therewith, the Investor Rights Agreement was also terminated. 

 

 

Item 5.

Interest in Securities of the Issuer

Item 5 is hereby amended and restated to read as follows:

(a)  and (b)   As of the close of business on  October 17, 2005, the Audax Reporting Persons beneficially owned zero shares of Common Stock of the Issuer and had the power to vote and dispose of zero shares of the Common Stock of the Issuer.

As of the close of business on  October 17, 2005, the Oaktree Reporting Persons beneficially owned zero shares of Common Stock of the Issuer and had the power to vote and dispose of zero shares of the Common Stock of the Issuer.

(c)   Audax Reporting Persons.  Audax Chart LLC sold its 1,032,992 shares of Common Stock to the Merger Subsidiary on October 17, 2005 for a price per share of $64.75, which represents a price per share of $65.74 minus the Company’s transaction expenses related to the Merger Agreement of $0.99 per share.

Oaktree Reporting Persons.  OCM Principal Opportunities Fund II, L.P. sold its 2,463,638 shares of Common Stock to the Merger Subsidiary on October 17, 2005 for a price per share of $64.75, which represents a price per share of $65.74 minus the Company’s transaction expenses related to the Merger Agreement of $0.99 per share.

(d)  Except as stated within this statement, to the knowledge of the Reporting Persons, only the Reporting Persons have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the shares of Common Stock of the Issuer reported by this statement.

(e)   As of October 17, 2005, the Audax Reporting Persons ceased to be the beneficial owners of more than five percent of the shares of the Issuer’s Common Stock.

As of October 17, 2005, the Oaktree Reporting Persons ceased to be the beneficial owners of more

 

14



 

than five percent of the shares of the Issuer’s Common Stock.

 

 

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 6 is hereby amended to add the following at the end thereof:

The Investor Rights Agreement was terminated effective October 17, 2005.

 

Item 7.

Material to Be Filed as Exhibits

Exhibit A                A written agreement relating to the filing of the joint acquisition statement as required by Rule 13d 1(k)(1) under the Securities Exchange Act of 1934, as amended. *

 


* Previously filed as an exhibit to Schedule 13D filed by the Reporting Persons on September 25, 2003.

 

15



 

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, as of October 19, 2005.

 

 

Audax Chart LLC

 

 

 

By:

/s/ Richard T. Joseph

 

Name:

Richard T. Joseph

 

Title:

Authorized Signatory

 

 

 

 

Audax Private Equity Fund, L.P.

 

 

 

By:  Audax Private Equity Business, L.L.C.

 

Its:  General Partner

 

 

 

 

/s/ Richard T. Joseph

 

Name:

Richard T. Joseph

 

Title:

Authorized Signatory

 

 

 

 

Audax Private Equity Business, L.L.C.

 

 

 

By:

/s/ Richard T. Joseph

 

Name:

Richard T. Joseph

 

Title:

Authorized Signatory

 

 

 

 

Audax Private Equity Business, L.P.

 

 

 

 

By:  Audax Holdings I, L.L.C.

 

Its:  General Partner

 

 

 

 

By:  Audax Group, L.P.

 

Its:  Managing Member

 

 

 

 

By:  101 Huntington Holdings, L.L.C.

 

Its:  General Partner

 

 

 

 

/s/ Richard T. Joseph

 

Name:

Richard T. Joseph

 

Title:

Authorized Signatory

 

16



 

 

Audax Holdings I, L.L.C.

 

 

 

 

By:  Audax Group, L.P.

 

Its:  Managing Member

 

 

 

 

By:  101 Huntington Holdings, L.L.C.

 

Its:  General Partner

 

 

 

 

/s/ Richard T. Joseph

 

Name:

Richard T. Joseph

 

Title:

Authorized Signatory

 

 

 

 

Audax Group, L.P.

 

 

 

 

By:  101 Huntington Holdings, L.L.C.

 

Its:  General Partner

 

 

 

 

/s/ Richard T. Joseph

 

Name:

Richard T. Joseph

 

Title:

Authorized Signatory

 

 

 

 

101 Huntington Holdings, L.L.C.

 

 

 

 

By:

/s/ Richard T. Joseph

 

Name:

Richard T. Joseph

 

Title:

Authorized Signatory

 

 

 

 

Marc B. Wolpow

 

 

 

 

 

/s/ Marc B. Wolpow

 

 

 

 

Geoffrey S. Rehnert

 

 

 

 

/s/ Geoffrey S. Rehnert

 

 

 

 

Audax Management Company, LLC

 

 

 

By:  Audax Group, L.P.

 

Its:  Managing Member

 

 

 

 

 By:  101 Huntington Holdings, L.L.C.

 

Its:  General Partner

 

 

 

 

/s/ Richard T. Joseph

 

Name:

Richard T. Joseph

 

Title:

Authorized Signatory

 

17



 

 

Oaktree Capital Management, LLC

 

 

 

 

By:

/s/ Michael P. Harmon

 

Name:

Michael P. Harmon

 

Title:

Managing Director

 

 

 

 

By:

/s/ Richard Ting

 

Name:

Richard Ting

 

Title:

Vice President, Legal

 

 

 

 

OCM Principal Opportunities Fund II, L.P.

 

 

 

 

By:

Oaktree Capital Management, LLC

 

Its:

General Partner

 

 

 

 

 

 

By:

/s/ Michael P. Harmon

 

 

Name:

Michael P. Harmon

 

 

Title:

Managing Director

 

 

 

 

 

 

By:

/s/ Richard Ting

 

 

Name:

Richard Ting

 

 

Title:

Vice President, Legal

 

18