| UNITED STATES | |||||||
| SECURITIES AND EXCHANGE COMMISSION | |||||||
| Washington, D.C. 20549 | |||||||
| SCHEDULE 13G* | |||||||
| Under the Securities Exchange Act of 1934 | |||||||
| INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT | |||||||
| TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED | |||||||
| PURSUANT TO RULE 13d-2 | |||||||
| (Amendment No. )* | |||||||
| Heritage-Crystal Clean, Inc. | |||||||
| (Name of Issuer) | |||||||
| Common Stock, par value $0.01 | |||||||
| (Title of Class of Securities) | |||||||
|
42726M106 |
|||||||
| (CUSIP Number) | |||||||
|
December 31, 2012 |
|||||||
| (Date of Event Which Requires Filing of the Statement) | |||||||
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
x Rule 13d-1(c)
¨ Rule 13d-1(d)
*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 the 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).
| Page 1 of 11 |
| UNITED STATES | |||||||
| SECURITIES AND EXCHANGE COMMISSION | |||||||
| Washington, D.C. 20549 | |||||||
| SCHEDULE 13G* | |||||||
| Under the Securities Exchange Act of 1934 | |||||||
| INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT | |||||||
| TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED | |||||||
| PURSUANT TO RULE 13d-2 | |||||||
| (Amendment No. )* | |||||||
| Heritage-Crystal Clean, Inc. | |||||||
| (Name of Issuer) | |||||||
| Common Stock, par value $0.01 | |||||||
| (Title of Class of Securities) | |||||||
|
42726M106 |
|||||||
| (CUSIP Number) | |||||||
|
December 31, 2012 |
|||||||
| (Date of Event Which Requires Filing of the Statement) | |||||||
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
x Rule
13d-1(b) only for Kinderhook Partners, LLC
¨ Rule 13d-1(c)
¨ Rule 13d-1(d)
*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 the 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).
| Page 2 of 11 |
| Cusip No. 42726M106 | 13G | Page 3 of 11 Pages |
|
1. |
NAME OF REPORTING PERSONS
Kinderhook, LP
| ||
|
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
| ||
|
3. |
SEC USE ONLY
| ||
|
4.
|
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
| ||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5. |
SOLE VOTING POWER 0
| |
|
6. |
SHARED VOTING POWER 940,052
| ||
|
7. |
SOLE DISPOSITIVE POWER 0
| ||
|
8.
|
SHARED DISPOSITIVE POWER 940,052 | ||
|
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 940,052
| ||
|
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ | ||
|
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.20%
| ||
|
12.
|
TYPE OF REPORTING PERSON (See Instructions) PN
| ||
| Page 3 of 11 |
| Cusip No. 42726M106 | 13G | Page 4 of 11 Pages |
|
1. |
NAME OF REPORTING PERSONS
Kinderhook GP, LLC
| ||
|
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
| ||
|
3. |
SEC USE ONLY
| ||
|
4.
|
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
| ||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5. |
SOLE VOTING POWER 0
| |
|
6. |
SHARED VOTING POWER 940,052
| ||
|
7. |
SOLE DISPOSITIVE POWER 0
| ||
|
8.
|
SHARED DISPOSITIVE POWER 940,052 | ||
|
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 940,052
| ||
|
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ | ||
|
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.20%
| ||
|
12.
|
TYPE OF REPORTING PERSON (See Instructions) OO
| ||
| Page 4 of 11 |
| Cusip No. 42726M106 | 13G | Page 5 of 11 Pages |
|
1. |
NAME OF REPORTING PERSONS
Tushar Shah
| ||
|
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
| ||
|
3. |
SEC USE ONLY
| ||
|
4.
|
CITIZENSHIP OR PLACE OF ORGANIZATION United States of America
| ||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5. |
SOLE VOTING POWER 0
| |
|
6. |
SHARED VOTING POWER 940,052
| ||
|
7. |
SOLE DISPOSITIVE POWER 0
| ||
|
8.
|
SHARED DISPOSITIVE POWER 940,052
| ||
|
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 940,052
| ||
|
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ | ||
|
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.20%
| ||
|
12.
|
TYPE OF REPORTING PERSON (See Instructions) IN, HC
| ||
| Page 5 of 11 |
| Cusip No. 42726M106 | 13G | Page 6 of 11 Pages |
|
1. |
NAME OF REPORTING PERSONS
Stephen J. Clearman
| ||
|
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
| ||
|
3. |
SEC USE ONLY
| ||
|
4.
|
CITIZENSHIP OR PLACE OF ORGANIZATION United States of America
| ||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5. |
SOLE VOTING POWER 0
| |
|
6. |
SHARED VOTING POWER 940,052
| ||
|
7. |
SOLE DISPOSITIVE POWER 0
| ||
|
8.
|
SHARED DISPOSITIVE POWER 940,052
| ||
|
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 940,052
| ||
|
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ | ||
|
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.20%
| ||
|
12.
|
TYPE OF REPORTING PERSON (See Instructions) IN, HC
| ||
| Page 6 of 11 |
| Cusip No. 42726M106 | 13G | Page 7 of 11 Pages |
|
1. |
NAME OF REPORTING PERSONS
Kinderhook Partners, LLC
| ||
|
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
| ||
|
3. |
SEC USE ONLY
| ||
|
4.
|
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
| ||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5. |
SOLE VOTING POWER 0
| |
|
6. |
SHARED VOTING POWER 940,052
| ||
|
7. |
SOLE DISPOSITIVE POWER 0
| ||
|
8.
|
SHARED DISPOSITIVE POWER 940,052
| ||
|
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 940,052
| ||
|
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ | ||
|
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.20%
| ||
|
12.
|
TYPE OF REPORTING PERSON (See Instructions) IA
| ||
| Page 7 of 11 |
| Cusip No. 42726M106 | 13G | Page 8 of 11 Pages |
Item 1(a). Name of Issuer: Heritage-Crystal Clean, Inc.
Item 1(b). Address of Issuer’s Principal Executive Offices:
2175 Point Boulevard, Suite 375
Elgin, Il 60123
| Item 2(a). Name of Person Filing: | Kinderhook, LP | |
| Kinderhook GP, LLC | ||
| Tushar Shah | ||
| Stephen J. Clearman | ||
| Kinderhook Partners, LLC | ||
Item 2(b). Address of Principal Business Office or, if none, Residence:
(for all reporting persons)
2 Executive Drive, Suite 585
Fort Lee, New Jersey 07024
| Item 2(c). Citizenship: |
Kinderhook, LP - Delaware Kinderhook GP, LLC - Delaware Tushar Shah - United States of America Stephen J. Clearman - United States of America Kinderhook Partners, LLC - Delaware | |
Item 2(d). Title of Class of Securities: Common Stock, par value $0.01
Item 2(e). CUSIP Number: 42726M106
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
| (a) | [__] | Broker or dealer registered under Section 15 of the Act (15 U.S.C 78o); | |
| (b) | [__] | Bank as defined in Section 3(a)(6) of the Act (15 U.S.C 78c); | |
| (c) | [__] | Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C 78c); | |
| (d) | [__] | Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | |
| (e) | [X ] | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); with respect to Kinderhook Partners, LLC only | |
| (f) | [__] | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); | |
| (g) | [__] | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); | |
| (h) | [__] | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
| Page 8 of 11 |
| Cusip No. 42726M106 | 13G | Page 9 of 11 Pages |
| (i) | [__] | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); | |
| (j) | [__] | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); | |
| (k) | [__] | Group, in accordance with § 240.13d-1(b)(1)(ii)(K). |
If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: _________________
Item 4. Ownership:
Provide the following information regarding the aggregate number and percentage of class of securities of the issuer identified in Item 1.
| (a) | Amount beneficially owned: |
| (b) | Percent of Class: |
| (c) | Number of shares as to which such person has: |
| (i) | sole power to vote or to direct the vote: |
| (ii) | shared power to vote or to direct the vote: |
| (iii) | sole power to dispose or to direct the disposition of: |
| (iv) | shared power to dispose or to direct the disposition of: |
Ownership as of January 7, 2013 is incorporated herein by reference from items (5) – (9) and (11) of the cover pages of this Schedule 13G.
Item 5. Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Kinderhook Partners, LLC (the “Investment Adviser”) serves as the investment adviser to Kinderhook, LP (the “Partnership”) and is responsible for making investment decisions on the Partnership’s behalf. Kinderhook GP, LLC (the “General Partner”) serves as the general partner to the Partnership. Messrs. Tushar Shah and Stephen Clearman serve as the General Partner’s and Investment Adviser’s co-managing members and as a result, Mr. Clearman and Mr. Shah may be deemed to control such entities. Accordingly, Mr. Clearman and Mr. Shah may be deemed to have a beneficial interest in the shares of Common Stock by virtue of their indirect control of the Partnership’s, General Partner’s, and Investment Adviser’s power to vote and/or dispose of the shares of Common Stock. Mr. Clearman and Mr. Shah disclaim beneficial ownership of the shares of Common Stock except to the extent of their pecuniary interest, if any, therein.
| Page 9 of 11 |
| Cusip No. 42726M106 | 13G | Page 10 of 11 Pages |
Kinderhook, LP specifically disclaims beneficial ownership in the shares of Common Stock reported herein except to the extent of its pecuniary interest therein, if any.
Kinderhook GP, LLC specifically disclaims beneficial ownership in the shares of Common Stock reported herein except to the extent of its pecuniary interest therein, if any.
Kinderhook Partners, LLC specifically disclaims beneficial ownership in the shares of Common Stock reported herein except to the extent of its pecuniary interest therein, if any.
Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:
Not Applicable
Item 8. Identification and Classification of Members of the Group:
Not Applicable
Item 9. Notice of Dissolution of Group:
Not Applicable
Item 10. Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, I certify (the undersigned certifies) that the information set forth in this statement is true, complete and correct.
| January 7, 2013 | |
| (Date) | |
| /s/ Tushar Shah | |
| (Signature) | |
| Tushar Shah | |
| Name and Title |
| January 7, 2013 | |
| (Date) | |
| /s/ Stephen J. Clearman | |
| (Signature) | |
| Stephen J. Clearman | |
| Name and Title |
| Page 10 of 11 |
| Cusip No. 42726M106 | 13G | Page 11 of 11 Pages |
| January 7, 2013 | |
| (Date) | |
| /s/ Tushar Shah | |
| (Signature) | |
| Tushar Shah – Managing Member of Kinderhook GP, LLC | |
| Name and Title |
| January 7, 2013 | |
| (Date) | |
| /s/ Tushar Shah | |
| (Signature) | |
| Tushar Shah – Managing Member of Kinderhook, LP’s General Partner | |
| Name and Title |
Item 10. Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, I certify (the undersigned certifies) that the information set forth in this statement is true, complete and correct.
| January 7, 2013 | |
| (Date) | |
| /s/ Tushar Shah | |
| (Signature) | |
| Tushar Shah, Managing Member of Kinderhook Partners, LLC | |
| Name and Title |
| Page 11 of 11 |