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Sachem Head Capital Management LP, et al. – ‘SC 13D/A’ on 10/2/20 re: Eagle Materials Inc.

On:  Friday, 10/2/20, at 5:09pm ET   ·   Accession #:  914121-20-3594   ·   File #:  5-43317

Previous ‘SC 13D’:  ‘SC 13D/A’ on 10/2/20   ·   Next:  ‘SC 13D’ on 10/7/20   ·   Latest:  ‘SC 13D/A’ on 2/29/24

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/02/20  Sachem Head Capital Management LP SC 13D/A               2:135K Eagle Materials Inc.              Cadwalader Wickersh… LLP
          Sachem Head GP LLC
          Scott D. Ferguson
          Uncas GP LLC

Amendment to Statement of Acquisition of Beneficial Ownership by an “Active” Investor   —   Sch. 13D   —   WA’68
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D/A    Amendment No. 4                                     HTML     52K 
 2: EX-99.6     Trading Data                                        HTML     15K 


‘SC 13D/A’   —   Amendment No. 4


This is an HTML Document rendered as filed.  [ Alternative Formats ]



 C: 


UNITED STATES SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT
TO § 240.13d-2(a)
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
Under the Securities Exchange Act of 1934
Eagle Materials Inc.
(Name of Issuer)
 
Common Stock, par value $0.01 per share
(Title of Class of Securities)
 
(CUSIP Number)
Michael D. Adamski
Sachem Head Capital Management LP
250 West 55th Street, 34th Floor
212-714-3300
 
 
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
 
Copies to:
Richard M. Brand
Joshua A. Apfelroth
Cadwalader, Wickersham & Taft LLP
One World Financial Center
(212) 504-6000
 
(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 which 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).


CUSIP No. 26969P108
SCHEDULE 13D
Page 2 of 9
 
1
NAME OF REPORTING PERSON OR
 
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
 
Sachem Head Capital Management LP
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
 
(b)
 
3
SEC USE ONLY
 
 
 
 
4
SOURCE OF FUNDS
 
OO (See Item 3)
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
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
 
2,342,834
 
 
9
SOLE DISPOSITIVE POWER
 
0
 
 
10
SHARED DISPOSITIVE POWER
 
2,342,834
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,342,834
 
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
5.6%
 
 
14
TYPE OF REPORTING PERSON
 
IA
 


CUSIP No. 26969P108
SCHEDULE 13D
Page 3 of 9
 
1
NAME OF REPORTING PERSON OR
 
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
 
Uncas GP LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
 
(b)
 
3
SEC USE ONLY
 
 
 
 
4
SOURCE OF FUNDS
 
OO (See Item 3)
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
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
 
2,342,834
 
 
9
SOLE DISPOSITIVE POWER
 
0
 
 
10
SHARED DISPOSITIVE POWER
 
2,342,834
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,342,834
 
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
5.6%
 
 
14
TYPE OF REPORTING PERSON
 
OO
 


CUSIP No. 26969P108
SCHEDULE 13D
Page 4 of 9
 
1
NAME OF REPORTING PERSON OR
 
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
 
Sachem Head GP LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
 
(b)
 
3
SEC USE ONLY
 
 
 
 
4
SOURCE OF FUNDS
 
OO (See Item 3)
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
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
 
1,422,791
 
 
9
SOLE DISPOSITIVE POWER
 
0
 
 
10
SHARED DISPOSITIVE POWER
 
1,422,791
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,422,791
 
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
3.4%
 
 
14
TYPE OF REPORTING PERSON
 
OO
 


CUSIP No. 26969P108
SCHEDULE 13D
Page 5 of 9
 
1
NAME OF REPORTING PERSON OR
 
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
 
(b)
 
3
SEC USE ONLY
 
 
 
 
4
SOURCE OF FUNDS
 
OO (See Item 3)
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
 
 
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
0
 
 
8
SHARED VOTING POWER
 
2,342,834
 
 
9
SOLE DISPOSITIVE POWER
 
0
 
 
10
SHARED DISPOSITIVE POWER
 
2,342,834
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,342,834
 
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
5.6%
 
 
14
TYPE OF REPORTING PERSON
 
IN
 


CUSIP No. 26969P108
SCHEDULE 13D
Page 6 of 9

This amendment No. 4 to Schedule 13D (this “Amendment No. 4”), amends and supplements the Schedule 13D filed on March 28, 2019 (the “Initial 13D” and, as amended and supplemented through the date of this Amendment No. 4, collectively, the “Schedule 13D”) by the Reporting Persons, relating to the common stock, par value $0.01 per share (the “Common Stock”), of Eagle Materials Inc., a Delaware corporation (the “Issuer”). Capitalized terms not defined in this Amendment No. 4 shall have the meaning ascribed to them in the Schedule 13D.
The information set forth in response to each separate Item below shall be deemed to be a response to all Items where such information is relevant. The Schedule 13D is hereby amended as follows:
Item 5.
Interest in Securities of the Issuer
Item 5 of the Schedule 13D is hereby amended and restated in its entirety to read as follows:
(a), (b) Sachem Head, SH Management and Scott D. Ferguson may be deemed to beneficially own 2,342,834 shares of Common Stock (the “Subject Shares”). The Subject Shares collectively represent approximately 5.6% of the outstanding shares of Common Stock based on 41,756,684 shares of Common Stock outstanding as of July 27, 2020 as reported in the Issuer’s Quarterly Report on Form 10-Q filed on July 31, 2020.
Sachem Head, as the investment adviser to the Sachem Head Funds, may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) all of the Subject Shares. As the general partner of Sachem Head, SH Management may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) all of the Subject Shares. As the general partner of SH and SHM, Sachem Head GP may be deemed to have the shared power to vote or to direct the vote of (and the shared power to dispose or direct the disposition of) 1,422,791 of the Subject Shares, constituting 3.4% of the outstanding shares of Common Stock. By virtue of Scott D. Ferguson’s position as the managing partner of Sachem Head and the managing member of SH Management and Sachem Head GP, Scott D. Ferguson may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) all of the Subject Shares.
(c) Exhibit 99.6 filed herewith, which is incorporated herein by reference, describes the transactions in the Common Stock that were effected by the Reporting Persons for the benefit of the Sachem Head Funds during the past 60 days.
(d) The Sachem Head Funds have the right to receive dividends from, and the proceeds from the sale of, the Subject Shares.
(e) Not applicable.


CUSIP No. 26969P108
SCHEDULE 13D
Page 7 of 9

Item 7.
Material to be Filed as Exhibits
Exhibit 99.1
Joint Filing Agreement, among Sachem Head Capital Management LP, Uncas GP LLC, Sachem Head GP LLC and Scott D. Ferguson.*
Exhibit 99.2
Trading data.*
Exhibit 99.3
Press Release and Letter to Shareholders, dated May 8, 2019.*
Exhibit 99.4
Form of Engagement and Indemnification Agreement entered into by and between Sachem Head Capital Management LP on behalf of Sachem Head LP and each Nominee.*
Exhibit 99.5
Trading data.*
Trading data.



CUSIP No. 26969P108
SCHEDULE 13D
Page 8 of 9

SIGNATURE
After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned certify that the information set forth in this statement is true, complete and correct.
  SACHEM HEAD CAPITAL MANAGEMENT LP  
 
 
  By: Uncas GP LLC, its General Partner  
       

By:
/s/  Scott D. Ferguson  
    Scott D. Ferguson  
    Managing Member  
       
  UNCAS GP LLC  
       

By:
/s/  Scott D. Ferguson  
    Scott D. Ferguson  
    Managing Member  
       
  SACHEM HEAD GP LLC  
       

By:
/s/  Scott D. Ferguson  
    Scott D. Ferguson  
    Managing Member  
       
       


/s/  Scott D. Ferguson  
    Scott D. Ferguson  
       



CUSIP No. 26969P108
SCHEDULE 13D
Page 9 of 9

Exhibit Number
Description of Exhibits
Exhibit 99.1
Joint Filing Agreement, among Sachem Head Capital Management LP, Uncas GP LLC, Sachem Head GP LLC and Scott D. Ferguson.*
Exhibit 99.2
Trading data.*
Exhibit 99.3
Press Release and Letter to Shareholders, dated May 8, 2019.*
Exhibit 99.4
Form of Engagement and Indemnification Agreement entered into by and between Sachem Head Capital Management LP on behalf of Sachem Head LP and each Nominee.*
Exhibit 99.5
Trading data.*
Trading data.

Previously filed.




Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘SC 13D/A’ Filing    Date    Other Filings
Filed on:10/2/20SC 13D/A
7/31/20SC 13D/A
7/27/20
5/8/19DEFA14A,  DFAN14A,  SC 13D/A
3/28/19SC 13D
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