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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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
Schneider National, Inc.
(Name of Issuer)
Class B Common Stock, no par value per share
(Title of Class of Securities)
80689H 102
(CUSIP Number)
Dennis F. Connolly
Godfrey & Kahn, S.C.
833 East Michigan Street, Suite 1800
Milwaukee, WI 53202
(414) 273-3500
(Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications)
January 31, 2021
(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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ].
* 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).
SCHEDULE 13D
CUSIP No. 80689H 102
l)
Name of Reporting Person
Donald J. Schneider Childrens Trust #2 f/b/o Kathleen M. Zimmermann
2)
Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [ ]
3)
SEC Use Only
4)
Source of Funds
OO
5)
Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ]
6)
Citizenship or Place of Organization
Wisconsin, U.S.A.
Number of Shares Beneficially Owned by Each Reporting Person With:
7) | Sole Voting Power: | None |
8) | Shared Voting Power | 8,400,000 1 |
9) | Sole Dispositive Power: | 8,400,000 |
10) | Shared Dispositive Power: | None |
11)
Aggregate Amount Beneficially Owned by Each Reporting Person
8,400,000
12)
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
13)
Percent of Class Represented by Amount in Row (11)
8.2% 2
14)
Type of Reporting Person
OO (trust)
_____________________
1 Consists of shares of Class A common stock, no par value per share (“Class A Common Stock”), of Schneider National, Inc., a Wisconsin corporation (the “Issuer”). The Reporting Person's interest in the Class A Common Stock is represented by trust certificates issued by the Schneider National, Inc. Voting Trust and held by the Reporting Person. Each share of Class A Common Stock will automatically convert into a share of Class B Common Stock on a one-for-one basis upon any transfer of such share of Class A Common Stock in exchange for a trust certificate representing such share.
2 This calculation is based on 94,311,653 shares of Class B common stock, no par value per share (“Class B Common Stock”), of the Issuer outstanding as of October 23, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020 and as filed with the SEC on October 29, 2020.
2
SCHEDULE 13D
CUSIP No. 80689H 102
l)
Name of Reporting Person
Donald J. Schneider 2000 Trust f/b/o Kathleen M. Zimmermann
2)
Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [ ]
3)
SEC Use Only
4)
Source of Funds
OO
5)
Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ]
6)
Citizenship or Place of Organization
U.S.A.
Number of Shares Beneficially Owned by Each Reporting Person With:
7) | Sole Voting Power: | 2,361,185 3 |
8) | Shared Voting Power | 7,005,900 4 |
9) | S ole Dispositive Power: | 9,367,085 5 |
10) | Shared Dispositive Power: | None |
11)
Aggregate Amount Beneficially Owned by Each Reporting Person
9,367,085
12)
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
13)
Percent of Class Represented by Amount in Row (11)
9.2% 6
14)
Type of Reporting Person
OO (trust)
___________________________
3 Consists of shares of Class B Common Stock.
4 Consists of shares of Class A Common Stock. The Reporting Person's interest in the Class A Common Stock is represented by trust certificates issued by the Schneider National, Inc. Voting Trust and held by the Reporting Person. Each share of Class A Common Stock will automatically convert into a share of Class B Common Stock on a one-for-one basis upon any transfer of such share of Class A Common Stock in exchange for a trust certificate representing such share.
5 Consists of 7,005,900 shares of Class A Common Stock and 2,361,185 shares of Class B Common Stock.
6 This calculation is based on 94,311,653 shares of Class B common stock, no par value per share (“Class B Common Stock”), of the Issuer outstanding as of October 23, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020 and as filed with the SEC on October 29, 2020.
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SCHEDULE 13D
CUSIP No. 80689H 102
l)
Name of Reporting Person
Kathleen M. Zimmermann
2)
Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [ ]
3)
SEC Use Only
4)
Source of Funds
OO
5)
Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ]
6)
Citizenship or Place of Organization
U.S.A.
Number of Shares Beneficially Owned by Each Reporting Person With:
7) | Sole Voting Power: | 393,084 7 |
8) | Shared Voting Power | 19,050,995 8 |
9) | Sole Dispositive Power: | 393,084 9 |
10) | Shared Dispositive Power: | 19,050,995 10 |
11)
Aggregate Amount Beneficially Owned by Each Reporting Person
19,444,079 11
12)
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
13)
Percent of Class Represented by Amount in Row (11)
17.5% 12
14)
Type of Reporting Person
IN
__________________________________
7 Consists of shares of Class B Common Stock.
8 Consists of 16,605,900 shares of Class A Common Stock and 2,445,095 shares of Class B Common Stock. The Reporting Person's interest in the Class A Common Stock is represented by trust certificates issued by the Schneider National, Inc. Voting Trust and held by trusts for the benefit of the Reporting Person and her descendants of which the Reporting Person is a co-trustee. Each share of Class A Common Stock will automatically convert into a share of Class B Common Stock on a one-for-one basis upon any transfer of such share of Class A Common Stock in exchange for a trust certificate representing such share.
9 Consists of shares of Class B Common Stock.
10 Consists of 16,605,900 shares of Class A Common Stock and 2,445,095 shares of Class B Common Stock.
11 Excludes 244,350 shares of Class B Common Stock held by Reporting Person’s spouse, over which he has sole voting and dispositive power.
12 This calculation is based on 94,311,653 shares of Class B common stock, no par value per share (“Class B Common Stock”), of the Issuer outstanding as of October 23, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020 and as filed with the SEC on October 29, 2020.
4
This Amendment No. 4 to Schedule 13D amends and supplements the Schedule 13D originally filed on April 21, 2017 and as subsequently amended (the “Original Schedule 13D”), and is being filed jointly on behalf of the Donald J. Schneider Childrens Trust #2 f/b/o Kathleen M. Zimmermann, a Wisconsin trust (the “Childrens Trust”), the Donald J. Schneider 2000 Trust f/b/o Kathleen M. Zimmermann (the “2000 Trust,” and together with the Childrens Trust, the “Trusts”), and Kathleen M. Zimmermann, in her individual capacity and as a co-trustee of the Trusts (together the “Reporting Persons”), relating to the shares of Class A common stock, no par value per share (“Class A Common Stock”), and Class B common stock, no par value per share (“Class B Common Stock”), of Schneider National, Inc., a Wisconsin corporation (the “Issuer”). Unless otherwise defined or modified below, capitalized terms used in this Amendment No. 4 to Schedule 13D shall have the meaning ascribed to them in the Original Schedule 13D. All disclosure for items contained in the Original Schedule 13D where no new information is provided for such item in this Amendment No. 4 to Schedule 13D is incorporated herein by this reference.
Item 3. Source and Amount of Funds or Other Consideration
Item 3 of the Original Schedule 13D is supplemented with the following:
Between January 31, 2020 and January 31, 2021, Ms. Zimmermann acquired 5,956 shares of Class B Common Stock in settlement of restricted stock units received as compensation under the Schneider National, Inc. 2017 Omnibus Incentive Plan in her capacity as a director of the Issuer. As of January 31, 2021, the Reporting Persons beneficially owned an aggregate of 16,605,900 shares of Class A Common Stock and 2,838,179 shares of Class B Common Stock.
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Signatures
After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this Statement is true, complete, and correct.
Dated: February 16, 2021
Donald J. Schneider Childrens Trust #2 f/b/o Kathleen M. Zimmermann
By: /s/ Kathleen M. Zimmermann
Name: Kathleen M. Zimmermann
Title: Co-Trustee
By: /s/ Joan D. Klimpel
Name: Joan D. Klimpel
Title: Co-Trustee
Donald J. Schneider 2000 Trust f/b/o Kathleen M. Zimmermann
By: /s/ Kathleen M. Zimmermann
Name: Kathleen M. Zimmermann
Title: Co-Trustee
By: /s/ Joan D. Klimpel
Name: Joan D. Klimpel
Title: Co-Trustee
Kathleen M. Zimmermann
By: /s/ Kathleen M. Zimmermann
Name: Kathleen M. Zimmermann
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