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Form SC 13D/A Lumos Networks Corp. Filed by: Quadrangle GP Investors II LP

June 15, 2015 4:46 PM EDT


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
SCHEDULE 13D/A
 
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
 
Lumos Networks Corp.
(Name of Issuer)
 
Common Stock, par value $0.01 per share
(Title of Class of Securities)
 
550283105
(CUSIP Number)

Michael Huber
QCP GP Investors II LLC
1065 Avenue of the Americas, 34th Floor
New York, New York 10018
(212) 418-1700
(Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications)
 
June 10, 2015
(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. 550283105
 
SCHEDULE 13D
Page 2 of 10


 
1
NAME OF REPORTING PERSON
 
Quadrangle GP Investors II LP
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
OO
 
5
CHECK BOX 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
 
591,898
9
SOLE DISPOSITIVE POWER
 
0
10
SHARED DISPOSITIVE POWER
 
591,898
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
591,898
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
2.6%
 
14
TYPE OF REPORTING PERSON
 
PN
 
 

 

 
 
CUSIP No. 550283105
 
SCHEDULE 13D
Page 3 of 10


 
1
NAME OF REPORTING PERSON
 
QCP GP Investors II LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
OO
 
5
CHECK BOX 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
 
591,898
9
SOLE DISPOSITIVE POWER
 
0
10
SHARED DISPOSITIVE POWER
 
591,898
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
591,898
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
2.6%
 
14
TYPE OF REPORTING PERSON
 
OO
 

 

 
 
CUSIP No. 550283105
 
SCHEDULE 13D
Page 4 of 10


 
1
NAME OF REPORTING PERSON
 
Quadrangle (AIV2) Capital Partners II LP
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
OO
 
5
CHECK BOX 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
 
591,898
9
SOLE DISPOSITIVE POWER
 
0
10
SHARED DISPOSITIVE POWER
 
591,898
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
591,898
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
2.6%
 
14
TYPE OF REPORTING PERSON
 
PN
 
 
 

 
 
CUSIP No. 550283105
 
SCHEDULE 13D
Page 5 of 10


 
1
NAME OF REPORTING PERSON
 
Quadrangle NTELOS GP LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
OO
 
5
CHECK BOX 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
 
591,898
9
SOLE DISPOSITIVE POWER
 
0
10
SHARED DISPOSITIVE POWER
 
591,898
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
591,898
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
2.6%
 
14
TYPE OF REPORTING PERSON
 
OO
 
 
 
 

 
CUSIP No. 550283105
 
SCHEDULE 13D
Page 6 of 10


 
1
NAME OF REPORTING PERSON 
 
Quadrangle NTELOS Holdings II LP
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
OO
 
5
CHECK BOX 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
 
591,898
9
SOLE DISPOSITIVE POWER
 
0
10
SHARED DISPOSITIVE POWER
 
591,898
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
591,898
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
2.6%
 
14
TYPE OF REPORTING PERSON
 
PN
 
 
 
 

 
CUSIP No. 550283105
 
SCHEDULE 13D
Page 7 of 10


 
1
NAME OF REPORTING PERSON
 
Quadrangle Select Partners II LP
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
OO
 
5
CHECK BOX 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
 
591,898
9
SOLE DISPOSITIVE POWER
 
0
10
SHARED DISPOSITIVE POWER
 
591,898
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
591,898
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
2.6%
 
14
TYPE OF REPORTING PERSON
 
PN
 
 
 
 

 
CUSIP No. 550283105
 
SCHEDULE 13D
Page 8 of 10


 
1
NAME OF REPORTING PERSON
 
Quadrangle Capital Partners II-A LP
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
OO
 
5
CHECK BOX 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
 
591,898
9
SOLE DISPOSITIVE POWER
 
0
10
SHARED DISPOSITIVE POWER
 
591,898
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
591,898
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
2.6%
 
14
TYPE OF REPORTING PERSON
 
PN
 
 
 
 

 
CUSIP No. 550283105
 
SCHEDULE 13D
Page 9 of 10
 

Item 1.    Security and Issuer.

Item 1 is hereby amended and restated as follows:

“This Amendment No. 4 to Schedule 13D (this “Statement”) relates to the Schedule 13D filed by the Reporting Persons (as defined below) with the Securities and Exchange Commission (the “SEC”) on October 24, 2011 (the “Original Schedule 13D”), as amended by Amendment No. 1 to the Original Schedule 13D filed with the SEC by the Reporting Persons on September 5, 2013, Amendment No. 2 to the Original Schedule 13D filed with the SEC by the Reporting Persons on November 22, 2013 and Amendment No. 3 to the Original Schedule 13D filed with the SEC by the Reporting Persons on March 20, 2015, relating to the common stock, par value US$0.01 per share (the “Common Stock”), of Lumos Networks Corp., a Virginia corporation (the “Issuer”).  The principal executive offices of the Issuer are located at 401 Spring Lane, Suite 300, Waynesboro, Virginia 22980.”
Item 2.    Identity and Background.

No material change.

Item 3.    Source and Amount of Funds or Other Consideration.

No material change
Item 4.   Purpose of Transaction.

No material change.

Item 5.    Interest in Securities of the Issuer.

Item 5 is hereby amended and restated as follows:

“(a)
As of the date hereof, Quadrangle NTELOS Holdings II LP holds 591,898 shares of Common Stock, or approximately 2.6% of the outstanding Common Stock.

Each of Quadrangle NTELOS GP LLC, as the general partner Quadrangle NTELOS Holdings II LP; the QCP II Funds, as the managing members of Quadrangle NTELOS GP LLC; Quadrangle GP Investors II LP, as the general partner of each of the QCP II Funds; and QCP GP Investors II LLC, as the general partner of Quadrangle GP Investors II LP, may be deemed to beneficially own the 591,898 shares of Common Stock held by Quadrangle NTELOS Holdings II LP, or approximately 2.6% of the outstanding Common Stock.

Each of the Reporting Persons expressly disclaims beneficial ownership of any shares of Common Stock not held directly by such Reporting Person.

The percentage interest of the Reporting Persons in this Statement is based on the 22,753,503 shares of Common Stock reported to be outstanding as of April 30, 2015 in the Issuer’s Quarterly Report on Form 10-Q filed with the SEC on May 5, 2015.
(c)

On June 10, 2015, Quadrangle NTELOS Holdings II LP sold 600,000 shares of Common Stock in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended, pursuant to Rule 144 thereunder.

 
 
 

 
CUSIP No. 550283105
 
SCHEDULE 13D
Page 10 of 10

 
(e)

On June 10, 2015, the Reporting Persons ceased to be the beneficial owner of more than five percent of the Common Stock.”

Item 6.    Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

The penultimate paragraph of Item 6 is hereby amended and restated as follows:

“Quadrangle NTELOS Holdings II LP has pledged its interest in 591,898 shares of Common Stock to secure repayment of a loan made to it by the Bank of Montreal.”

Item 7.   Material to be Filed as Exhibits.

Exhibit A:  Joint Filing Agreement, dated as of November 22, 2013 (incorporated by reference to Exhibit B of Amendment No. 2 to the Schedule 13D filed by the Reporting Persons on November 22, 2013).
 
 
 
 
 
 
 
 


 
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.

Date: June 15, 2015
 

QUADRANGLE SELECT PARTNERS II LP
 
 
By:
Quadrangle GP Investors II LP, as its General Partner
 
 
By:
QCP GP Investors II LLC, as its General Partner
 
 
By:
/s/ Michael Huber
 
 
Name:
Michael Huber
 
 
Title:
President and Managing Principal
 

QUADRANGLE CAPITAL PARTNERS  II-A LP
 
 
By:
Quadrangle GP Investors II LP, as its General Partner
 
 
By:
QCP GP Investors II LLC, as its General Partner
 
 
By:
/s/ Michael Huber
 
 
Name:
Michael Huber
 
 
Title:
President and Managing Principal
 
   
QUADRANGLE NTELOS HOLDINGS II LP
 
 
By:
Quadrangle NTELOS GP LLC, as General Partner
 
 
By:
Quadrangle (AIV2) Capital Partners II LP, as Managing Member
 
 
By:
Quadrangle GP Investors II LP, as General Partner
 
 
By:
QCP GP Investors II LLC, as General Partner
 
 
By:
/s/ Michael Huber
 
 
Name:
Michael Huber
 
 
Title:
President and Managing Principal
 
   
 
 

 
 
QUADRANGLE NTELOS GP LLC
 
     
By:
Quadrangle (AIV2) Capital Partners II LP, as Managing Member
 
 
By:
Quadrangle GP Investors II LP, as General Partner
 
 
By:
QCP GP Investors II LLC, as General Partner
 
 
By:
/s/ Michael Huber
 
 
Name:
Michael Huber
 
 
Title:
President and Managing Principal
 

QUADRANGLE (AIV2) CAPITAL PARTNERS II LP
 
 
By:
Quadrangle GP Investors II LP, as General Partner
 
 
By:
QCP GP Investors II LLC, as General Partner
 
 
By:
/s/ Michael Huber
 
 
Name:
Michael Huber
 
 
Title:
President and Managing Principal
 
   
QUADRANGLE GP INVESTORS II LP
 
   
By:
QCP GP Investors II LLC, as General Partner
 
 
By:
/s/ Michael Huber
 
 
Name:
Michael Huber
 
 
Title:
President and Managing Principal
 
   
QCP GP INVESTORS II LLC
 
   
By:
/s/ Michael Huber
 
 
Name:
Michael Huber
 
 
Title:
President and Managing Principal
 
 
 
 
 
 

 


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