Sec Form 13G Filing - KKR North America Fund XI L.P. filing for National Vision Holdings Inc. (EYE) - 2020-02-14

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, D.C. 20549

SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.  2)*



National Vision Holdings, Inc.
(Name of Issuer)

Common Stock, par value $0.01 per share
(Title of Class of Securities)

63845R107
(CUSIP Number)

December 31, 2019
(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 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. 63845R107
13G
 
1
NAME OF REPORTING PERSON
   
KKR Vision Aggregator L.P.
   
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
(a)☐
   
(b)☒
   
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
   
0
   
   
7
SOLE DISPOSITIVE POWER
   
0
   
   
8
SHARED DISPOSITIVE POWER
   
0
   
   
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
0
   
   
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
0%
   
   
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
PN
   
   

2

CUSIP No. 63845R107
13G
 
1
NAME OF REPORTING PERSON
   
KKR Vision Aggregator GP LLC
   
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
(a)☐
   
(b)☒
   
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
   
0
   
   
7
SOLE DISPOSITIVE POWER
   
0
   
   
8
SHARED DISPOSITIVE POWER
   
0
   
   
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
0
   
   
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
0%
   
   
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 OO
   
   

3

CUSIP No. 63845R107
13G
 
1
NAME OF REPORTING PERSON
   
KKR North America Fund XI L.P.
   
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
(a)☐
   
(b)☒
   
3
SEC USE ONLY
   
     
   
4
CITIZENSHIP OR PLACE OF ORGANIZATION
   
Cayman Islands
   
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
   
0
   
   
6
SHARED VOTING POWER
   
0
   
   
7
SOLE DISPOSITIVE POWER
   
0
   
   
8
SHARED DISPOSITIVE POWER
   
0
   
   
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
0
   
   
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
0%
   
   
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
PN
   
   

4

CUSIP No. 63845R107
13G
 
1
NAME OF REPORTING PERSON
   
KKR Associates North America XI L.P.
   
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
(a)☐
   
(b)☒
   
3
SEC USE ONLY
   
     
   
4
CITIZENSHIP OR PLACE OF ORGANIZATION
   
Cayman Islands
   
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
   
0
   
   
6
SHARED VOTING POWER
   
0
   
   
7
SOLE DISPOSITIVE POWER
   
0
   
   
8
SHARED DISPOSITIVE POWER
   
0
   
   
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
0
   
   
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
0%
   
   
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
PN
   
   

5

CUSIP No. 63845R107
13G
 
1
NAME OF REPORTING PERSON
   
KKR North America XI Limited
   
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
(a)☐
   
(b)☒
   
3
SEC USE ONLY
   
     
   
4
CITIZENSHIP OR PLACE OF ORGANIZATION
   
Cayman Islands
   
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
   
0
   
   
6
SHARED VOTING POWER
   
0
   
   
7
SOLE DISPOSITIVE POWER
   
0
   
   
8
SHARED DISPOSITIVE POWER
   
0
   
   
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
0
   
   
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
0%
   
   
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
OO
   
   

6

CUSIP No. 63845R107
13G
 
1
NAME OF REPORTING PERSON
   
KKR Group Partnership L.P.
   
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
(a)☐
   
(b)☒
   
3
SEC USE ONLY
   
     
   
4
CITIZENSHIP OR PLACE OF ORGANIZATION
   
Cayman Islands
   
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
   
0
   
   
6
SHARED VOTING POWER
   
0
   
   
7
SOLE DISPOSITIVE POWER
   
0
   
   
8
SHARED DISPOSITIVE POWER
   
0
   
   
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
0
   
   
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
0%
   
   
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
PN
   
   

7

CUSIP No. 63845R107
13G
 
1
NAME OF REPORTING PERSON
   
KKR Group Holdings Corp.
   
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
(a)☐
   
(b)☒
   
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
   
0
   
   
7
SOLE DISPOSITIVE POWER
   
0
   
   
8
SHARED DISPOSITIVE POWER
   
0
   
   
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
0
   
   
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
0%
   
   
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
CO
   
   

8

CUSIP No. 63845R107
13G
 
1
NAME OF REPORTING PERSON
   
KKR & Co. Inc.
   
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
(a)☐
   
(b)☒
   
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
   
0
   
   
7
SOLE DISPOSITIVE POWER
   
0
   
   
8
SHARED DISPOSITIVE POWER
   
0
   
   
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
0
   
   
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
0%
   
   
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
CO
   
   

9

CUSIP No. 63845R107
13G
 
1
NAME OF REPORTING PERSON
   
KKR Management LLP
   
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
(a)☐
   
(b)☒
   
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
   
0
   
   
7
SOLE DISPOSITIVE POWER
   
0
   
   
8
SHARED DISPOSITIVE POWER
   
0
   
   
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
0
   
   
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
0%
   
   
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
PN
   
   

10

CUSIP No. 63845R107
13G
 
1
NAME OF REPORTING PERSON
   
Henry R. Kravis
   
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
(a)☐
   
(b)☒
   
3
SEC USE ONLY
   
     
   
4
CITIZENSHIP OR PLACE OF ORGANIZATION
   
United States
   
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
   
0
   
   
6
SHARED VOTING POWER
   
0
   
   
7
SOLE DISPOSITIVE POWER
   
0
   
   
8
SHARED DISPOSITIVE POWER
   
0
   
   
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
0
   
   
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
0%
   
   
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
IN
   
   

11

CUSIP No. 63845R107
13G
 
1
NAME OF REPORTING PERSON
   
George R. Roberts
   
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
(a)☐
   
(b)☒
   
3
SEC USE ONLY
   
     
   
4
CITIZENSHIP OR PLACE OF ORGANIZATION
   
United States
   
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
   
0
   
   
6
SHARED VOTING POWER
   
0
   
   
7
SOLE DISPOSITIVE POWER
   
0
   
   
8
SHARED DISPOSITIVE POWER
   
0
   
   
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
0
   
   
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
0%
   
   
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
IN
   
   
 
12

STATEMENT ON SCHEDULE 13G
 
This is Amendment No. 2 to the Schedule 13G filed with the Securities and Exchange Commission on February 13, 2018, as amended on February 13, 2019. Pursuant to Rule 13d-1(d) under the Securities Exchange Act of 1934, as amended (the “Act”), each of the persons listed below under Item 2 (each a “Reporting Person,” and collectively the “Reporting Persons”), have agreed to file one statement with respect to their beneficial ownership of Common Stock, par value $0.01 per share (“Common Stock”), of National Vision Holdings, Inc. (the “Issuer”).

Item 1.


 
(a)
Name of Issuer:

National Vision Holdings, Inc.

 
(b)
Address of Issuer’s Principal Executive Offices:

2435 Commerce Avenue, Bldg. 2200, Duluth, Georgia 30096

Item 2.


 
(a)
Name of Person Filing:

KKR Vision Aggregator L.P.
KKR Vision Aggregator GP LLC (“KKR Vision GP”)
KKR North America Fund XI L.P. (“KKR North America Fund XI”)
KKR Associates North America XI L.P. (“KKR Associates North America”)
KKR North America XI Limited (“KKR North America Limited”)
KKR Group Partnership L.P. (“KKR Group Partnership”)
KKR Group Holdings Corp. (“KKR Group Holdings”)
KKR & Co. Inc. (“KKR & Co.”)
KKR Management LLP (“KKR Management”)
Henry R. Kravis
George R. Roberts

 
(b)
Address of Principal Business Office, or, if none, Residence:

The principal business office for all persons filing (other than George R. Roberts) is:
c/o Kohlberg Kravis Roberts & Co. L.P.
9 West 57th Street, Suite 4200
New York, NY 10019

The principal business office for George R. Roberts is:
c/o Kohlberg Kravis Roberts & Co. L.P.
2800 Sand Hill Road, Suite 200
Menlo Park, CA 94025

 
(c)
Citizenship:

See Item 4 of each cover page.

 
(d)
Title of Class of Securities:

Common Stock, par value $0.01 per share.

 
(e)
CUSIP Number:

13

63845R107

Item 3.


Not applicable.

Item 4.
Ownership.

 
(a)
Amount beneficially owned: 0

 
(b)
Percent of class: 0%

 
(c)
Number of shares as to which the person has:

 
(i)
Sole power to vote or to direct the vote: 0

 
(ii)
Shared power to vote or to direct the vote: 0

 
(iii)
Sole power to dispose or to direct the disposition of: 0

 
(iv)
Shared power to dispose or to direct the disposition of: 0

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 five percent of the class of securities, check the following: ☒

In connection with an internal reorganization that became effective on January 1, 2020, among other things, (i) KKR Fund Holdings GP Limited, a former general partner of KKR Fund Holdings L.P., was dissolved and therefore is no longer a Reporting Person on this Schedule 13G and (ii) KKR Fund Holdings L.P. was renamed KKR Group Partnership L.P.

Item 6.
Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

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.

Not applicable.
14

SIGNATURES
 
After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: February 14, 2020
 
KKR VISION AGGREGATOR L.P.
 
By: KKR Vision Aggregator GP LLC, its general partner
     
 
By:
/s/ Terence P. Gallagher
 
Name:
Terence P. Gallagher
 
Title:
Attorney-in-fact for Robert H. Lewin, Vice President
     
 
KKR VISION AGGREGATOR GP LLC
     
 
By:
/s/ Terence P. Gallagher
 
Name:
Terence P. Gallagher
 
Title:
Attorney-in-fact for Robert H. Lewin, Vice President
     
 
KKR NORTH AMERICA FUND XI L.P.
 
By: KKR Associates North America XI L.P., its general partner
 
By: KKR North America XI Limited, its general partner
     
 
By:
/s/ Terence P. Gallagher
 
Name:
Terence P. Gallagher
 
Title:
Attorney-in-fact for Robert H. Lewin, Director
     
 
KKR ASSOCIATES NORTH AMERICA XI L.P.
 
By: KKR North America XI Limited, its general partner
     
 
By:
/s/ Terence P. Gallagher
 
Name:
Terence P. Gallagher
 
Title:
Attorney-in-fact for Robert H. Lewin, Director
     
 
KKR NORTH AMERICA XI LIMITED
     
 
By:
/s/ Terence P. Gallagher
 
Name:
Terence P. Gallagher
 
Title:
Attorney-in-fact for Robert H. Lewin, Director
 

 
KKR GROUP PARTNERSHIP L.P.
 
By: KKR Group Holdings Corp., general partner
     
 
By:
/s/ Terence P. Gallagher
 
Name:
Terence P. Gallagher
 
Title:
Attorney-in-fact for Robert H. Lewin, Chief Financial Officer
     
 
KKR GROUP HOLDINGS CORP.
     
 
By:
/s/ Terence P. Gallagher
 
Name:
Terence P. Gallagher
 
Title:
Attorney-in-fact for William J. Janetschek, Chief Financial Officer
     
 
KKR & CO. INC.
     
 
By:
/s/ Terence P. Gallagher
 
Name:
Terence P. Gallagher
 
Title:
Attorney-in-fact for Robert H. Lewin, Chief Financial Officer
     
 
KKR MANAGEMENT LLP
     
 
By:
/s/ Terence P. Gallagher
 
Name:
Terence P. Gallagher
 
Title:
Attorney-in-fact for Robert H. Lewin, Chief Financial Officer
     
 
HENRY R. KRAVIS
     
 
By:
/s/ Terence P. Gallagher
 
Name:
Terence P. Gallagher
 
Title:
Attorney-in-fact
     
 
GEORGE R. ROBERTS
     
 
By:
/s/ Terence P. Gallagher
 
Name:
Terence P. Gallagher
 
Title:
Attorney-in-fact


EXHIBITS

Exhibit
Number
 
Title
     
1
 
Joint Filing Agreement, dated as of February 13, 2019 (previously filed with the Schedule 13G filed on February 13, 2019 and incorporated herein by reference.
     
2
 
Power of Attorneys granted by Henry R. Kravis and George R. Roberts (previously filed with the Schedule 13G filed on February 13, 2018 and incorporated herein by reference).
     
 
Power of Attorney granted by Robert H. Lewin.