Sec Form 13G Filing - AMERICAN INTERNATIONAL GROUP INC. (AIG) filing for BRIDGEBIO PHARMA INC (BBIO) - 2021-02-12

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13G

INFORMATION TO BE INCLUDED IN STATEMENTS FILED

PURSUANT TO § 240.13d-1(b), (c) AND (d) AND

AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2

(Amendment No. 1)*

 

 

BridgeBio Pharma, Inc.

(Name of Issuer)

Common Stock, Par Value $0.01 per Share

(Title of Class of Securities)

10806X102

(CUSIP Number)

December 31, 2020

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

Rule 13d-1(b)

 

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 disclosure 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, as amended (“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. 10806X102   Page 2 of 16

 

  1.   

Name of reporting persons

 

American International Group, Inc.

  2.   

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3.   

SEC use only

 

  4.   

Citizenship or place of organization

 

Incorporated under the laws of the State of Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

   5.    

Sole voting power

 

0

   6.   

Shared voting power

 

3,381,412

   7.   

Sole dispositive power

 

0

   8.   

Shared dispositive power

 

3,381,412

  9.  

Aggregate amount beneficially owned by each reporting person

 

3,381,412

10.  

Check box if the aggregate amount in Row (9) excludes certain shares ☐

 

11.  

Percent of class represented by amount in Row (9)

 

2.8%

12.  

Type of reporting person

 

HC

 

 

 

 

CUSIP No. 10806X102   Page 3 of 16

 

  1.   

Name of reporting persons

 

AIG Capital Corporation

  2.   

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3.   

SEC use only

 

  4.   

Citizenship or place of organization

 

Organized under the laws of the Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

   5.    

Sole voting power

 

0

   6.   

Shared voting power

 

3,300,000

   7.   

Sole dispositive power

 

0

   8.   

Shared dispositive power

 

3,300,000

  9.  

Aggregate amount beneficially owned by each reporting person

 

3,300,000

10.  

Check box if the aggregate amount in Row (9) excludes certain shares ☐

 

11.  

Percent of class represented by amount in Row (9)

 

2.7%

12.  

Type of reporting person

 

HC

 

 

 

 

CUSIP No. 10806X102   Page 4 of 16

 

  1.   

Name of reporting persons

 

AI G Global Asset Management Holdings Corp.

  2.   

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3.   

SEC use only

 

  4.   

Citizenship or place of organization

 

Organized under the laws of the Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

   5.    

Sole voting power

 

0

   6.   

Shared voting power

 

3,300,000

   7.   

Sole dispositive power

 

0

   8.   

Shared dispositive power

 

3,300,000

  9.  

Aggregate amount beneficially owned by each reporting person

 

3,300,000

10.  

Check box if the aggregate amount in Row (9) excludes certain shares ☐

 

11.  

Percent of class represented by amount in Row (9)

 

2.7%

12.  

Type of reporting person

 

HC

 

 

 

 

CUSIP No. 10806X102   Page 5 of 16

  

  1.   

Name of reporting persons

 

AIG Asset Management (U.S.), LLC

  2.   

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3.   

SEC use only

 

  4.   

Citizenship or place of organization

 

Incorporated under the laws of the State of Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

   5.    

Sole voting power

 

0

   6.   

Shared voting power

 

3,300,000

   7.   

Sole dispositive power

 

0

   8.   

Shared dispositive power

 

3,300,000

  9.  

Aggregate amount beneficially owned by each reporting person

 

3,300,000

10.  

Check box if the aggregate amount in Row (9) excludes certain shares ☐

 

11.  

Percent of class represented by amount in Row (9)

 

2.7%

12.  

Type of reporting person

 

IA

  

 

 

 

CUSIP No. 10806X102   Page 6 of 16

  

  1.   

Name of reporting persons

 

SAFG Retirement Services, Inc.

  2.   

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3.   

SEC use only

 

  4.   

Citizenship or place of organization

 

Organized under the laws of the Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

   5.    

Sole voting power

 

0

   6.   

Shared voting power

 

81,412

   7.   

Sole dispositive power

 

0

   8.   

Shared dispositive power

 

81,412

  9.  

Aggregate amount beneficially owned by each reporting person

 

81,412

10.  

Check box if the aggregate amount in Row (9) excludes certain shares ☐

 

11.  

Percent of class represented by amount in Row (9)

 

0.1%

12.  

Type of reporting person

 

HC

 

 

 

 

CUSIP No. 10806X102   Page 7 of 16

   

  1.   

Name of reporting persons

 

AIG Life Holdings, Inc.

  2.   

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3.   

SEC use only

 

  4.   

Citizenship or place of organization

 

Organized under the laws of the Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

   5.    

Sole voting power

 

0

   6.   

Shared voting power

 

81,412

   7.   

Sole dispositive power

 

0

   8.   

Shared dispositive power

 

81,412

  9.  

Aggregate amount beneficially owned by each reporting person

 

81,412

10.  

Check box if the aggregate amount in Row (9) excludes certain shares ☐

 

11.  

Percent of class represented by amount in Row (9)

 

0.1%

12.  

Type of reporting person

 

HC

 

 

 

 

CUSIP No. 10806X102   Page 8 of 16

 

  1.   

Name of reporting persons

 

AGC Life Insurance Company

  2.   

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3.   

SEC use only

 

  4.   

Citizenship or place of organization

 

Organized under the laws of the State of Missouri

Number of

shares

beneficially

owned by

each

reporting

person

with

   5.    

Sole voting power

 

0

   6.   

Shared voting power

 

81,412

   7.   

Sole dispositive power

 

0

   8.   

Shared dispositive power

 

81,412

  9.  

Aggregate amount beneficially owned by each reporting person

 

81,412

10.  

Check box if the aggregate amount in Row (9) excludes certain shares ☐

 

11.  

Percent of class represented by amount in Row (9)

 

0.1%

12.  

Type of reporting person

 

IC

 

 

 

 

CUSIP No. 10806X102   Page 9 of 16

 

  1.   

Name of reporting persons

 

The Variable Annuity Life Insurance Company

  2.   

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3.   

SEC use only

 

  4.   

Citizenship or place of organization

 

Organized under the laws of the State of Texas

Number of

shares

beneficially

owned by

each

reporting

person

with

   5.    

Sole voting power

 

0

   6.   

Shared voting power

 

77,037

   7.   

Sole dispositive power

 

0

   8.   

Shared dispositive power

 

77,037

  9.  

Aggregate amount beneficially owned by each reporting person

 

77,037

10.  

Check box if the aggregate amount in Row (9) excludes certain shares ☐

 

11.  

Percent of class represented by amount in Row (9)

 

0.1%

12.  

Type of reporting person

 

IC

 

 

 

 

 

CUSIP No. 10806X102   Page 10 of 16

 

< td valign="bottom" style=" BORDER-LEFT:1px solid #000000">  
  1.   

Name of reporting persons

 

American General Life Insurance Company

  2.   

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3.   

SEC use only

 

  4.   

Citizenship or place of organization

 

Organized under the laws of the State of Texas

Number of

shares

beneficially

owned by

each

reporting

person

with

   5.    

Sole voting power

 

0

   6.   

Shared voting power

 

4,375

   7.   

Sole dispositive power

 

0

   8.

Shared dispositive power

 

4,375

  9.  

Aggregate amount beneficially owned by each reporting person

 

4,375

10.  

Check box if the aggregate amount in Row (9) excludes certain shares ☐

 

11.  

Percent of class represented by amount in Row (9)

 

0%

12.  

Type of reporting person

 

IC

 

 

 

 

CUSIP No. 10806X102   Page 11 of 16

 

  1.   

Name of reporting persons

 

SunAmerica Asset Management, LLC

  2.   

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3.   

SEC use only

 

  4.   

Citizenship or place of organization

 

Organized under the laws of the State of Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

   5.    

Sole voting power

 

0

   6.   

Shared voting power

 

4,375

   7.   

Sole dispositive power

 

0

   8.   

Shared dispositive power

 

4,375

  9.  

Aggregate amount beneficially owned by each reporting person

 

4,375

10.  

Check box if the aggregate amount in Row (9) excludes certain shares ☐

 

11.  

Percent of class represented by amount in Row (9)

 

0%

12.  

Type of reporting person

 

IA

 

 

 

 

     Page 12 of 16

 

ITEM 1 (a). NAME OF ISSUER:

BridgeBio Pharma, Inc.

 

ITEM 1 (b). ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:

421 Kipling Street

Palo Alto, CA 94301

 

ITEM 2 (a). NAME OF PERSON(S) FILING:

American International Group, Inc.

AIG Capital Corporation

AIG Global Asset Management Holdings Corp.

AIG Asset Management (U.S.), LLC

SAFG Retirement Services, Inc.

AIG Life Holdings, Inc.

AGC Life Insurance Company

The Variable Annuity Life Insurance Company

American General Life Insurance Company

SunAmerica Asset Management, LLC

 

ITEM 2 (b). ADDRESS OF PRINCIPAL BUSINESS OFFICE(S):

American International Group, Inc.

175 Water Street

New York, NY 10038

 

AIG Capital Corporation

80 Pine Street

New York , NY 10005

 

AIG Global Asset Management Holdings Corp.

80 Pine Street

New York , NY 10005

 

AIG Asset Management (U.S.), LLC

80 Pine Street

New York, NY 10005

SAFG Retirement Services, Inc.

21650 Oxnard Street

10th Floor

Woodland Hills, CA 91367

 

AIG Life Holdings, Inc.

2929 Allen Parkway

Houston, TX 77019

AGC Life Insurance Company

2727-A Allen Parkway

Houston, TX 77019

 

The Variable Annuity Life Insurance Company

2929 Allen Parkway

Houston, TX 77019

American General Life Insurance Company

2727-A Allen Parkway

Houston, TX 77019

SunAmerica Asset Management, LLC

21650 Oxnard Street

10th Floor

Woodland Hills, CA 91367

 

ITEM 2 (c). CITIZENSHIP:

The information requested hereunder is set forth under Item 4 of the cover pages to this Schedule 13G.

ITEM 2 (d). TITLE OF CLASS OF SECURITIES:

Common Stock

ITEM 2 (e). CUSIP NUMBER:

 

10806X102

  

 

 

 

  Page 13 of 16

 

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO §§ 240.13d-1(b), OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

American International Group, Inc.:

 

  (g) A parent holding company or control person, in accordance § 240.13d-1(b)(1)(ii)(G)

 

AIG Capital Corporation:

 

  (g) A parent holding company or control person, in accordance § 240.13d-1(b)(1)(ii)(G)

 

AIG Global Asset Management Holdings Corp.:

 

(g)A parent holding company or control person, in accordance § 240.13d-1(b)(1)(ii)(G)

 

AIG Asset Management (U.S.), LLC

 

  (d) An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E)

SAFG Retirement Services, Inc.:

 

  (g) A parent holding company or control person, in accordance § 240.13d-1(b)(1)(ii)(G)

AIG Life Holdings, Inc.:

 

  (g) A parent holding company or control person, in accordance § 240.13d-1(b)(1)(ii)(G)

AGC Life Insurance Company:

 

  (c) Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c)

The Variable Annuity Life Insurance Company:

 

(c)Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c)

American General Life Insurance Company:

 

  (c) Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c)

SunAmerica Asset Management, LLC:

 

  (e) An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E)

 

ITEM 4. OWNERSHIP.

(a) through (c). The information requested hereunder is set forth under Items 5 through 9 and Item 11 of the cover pages to this Schedule 13G.

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF 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 fivepercent of the class of securities, check the following x

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

The information requested hereunder is incorporated by reference herein from Rows 5 through 9 and Row 11 of the cover pages to this Schedule 13G. AIG Asset Management (U.S.), LLC, a wholly-owned company of AIG, serves as investment adviser and manager of The United States Life Insurance Company in the City of New York (“US Life”) and American General Life Insurance Company (“AG Life”) and shares voting and investment power with respect to all of US Life’s and AG Life’s holdings in BridgeBio Pharma, Inc. For the avoidance of doubt, AIG Asset Management (U.S.), LLC shares voting and investment power with respect only to the shares held directly by AG Life and not the shares reported herein as beneficially owned by AG Life.

 

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

See Exhibit 1 attached hereto for the information requested hereunder with respect to the relevant subsidiaries of American International Group, Inc.

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

Not applicable.

ITEM 9. NOTICE OF DISSOLUTION OF GROUP.

Not applicable.

  

 

 

 

  Page 14 of 16

 

 

ITEM 10. CERTIFICATION.

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, other than activities solely in connection with a nomination under § 240.14a-11.

 

 

 

 

  Page 15 of 16

 

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.

Date: February 12, 2021

 

  AMERICAN INTERNATIONAL GROUP, INC.
     
  By /s/ Geoffrey N. Cornell
  Name:   Geoffrey N. Cornell
  Title: Vice President
     
  AIG CAPITAL CORPORATION 
     
  By /s/ Justin Caulfield
  Name: Justin Caulfield
  Title: Treasurer
     
  AIG Global Asset Management Holdings Corp.
     
  By /s/ Atif Mahmood
  Name: Atif Mahmood
  Title: Chief Financial Officer
     
  AIG Asset Management (U.S.), LLC
     
  By /s/ Atif Mahmood
  Name: Atif Mahmood
  Title: Chief Financial Officer
     
  SAFG RETIREMENT SERVICES, INC.
     
  By /s/ Christine A. Nixon
  Name: Christine A. Nixon
  Title: Senior Vice President
     
  AIG LIFE HOLDINGS, INC.
     
  By /s/ Christine A. Nixon
  Name: Christine A. Nixon
  Title: Senior Vice President
     
  AGC LIFE INSURANCE COMPANY
     
  By /s/ Christine A. Nixon
  Name: Christine A. Nixon
  Title: Senior Vice President
     
  THE VARIABLE ANNUITY LIFE INSURANCE COMPANY
     
  By /s/ Christine A. Nixon
  Name: Christine A. Nixon
  Title: Senior Vice President
     
  AMERICAN GENERAL LIFE INSURANCE COMPANY
     
  By /s/ Christine A. Nixon
  Name: Christine A. Nixon
  Title: Senior Vice President
     
  SUNAMERICA ASSET MANAGEMENT, LLC
     
  By /s/ Matthew Hackethal
  Name: Matthew Hackethal
  Title: Vice President, Chief Compliance Officer

  

 

 

  Page 16 of 16

 

 

EXHIBIT INDEX

 

Exhibit 99.1 Identification and Classification of the Subsidiaries Which Acquired the Security Being Reported on by the Parent Holding Company
Exhibit 99.2 Agreement of Joint Filing