Sec Form 4 Filing - FS Equity Partners VI, L.P. @ Floor & Decor Holdings, Inc. - 2017-07-27

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
FS Equity Partners VI, L.P.
2. Issuer Name and Ticker or Trading Symbol
Floor & Decor Holdings, Inc. [ FND]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O FREEMAN SPOGLI & CO., 11100 SANTA MONICA BLVD., SUITE 1900
3. Date of Earliest Transaction (MM/DD/YY)
07/27/2017
(Street)
LOS ANGELES, CA90025
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A common stock 07/26/2017 C 2,990,691 ( 1 ) A 22,028,455 I By FS Equity Partners VI, L.P. and FS Affiliates VI, L.P. ( 4 ) ( 5 ) ( 6 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class C common stock ( 2 ) ( 3 ) 07/25/2017 S 3,284,798 ( 2 )( 3 ) ( 2 )( 3 ) Class A common stock 3,284,798 $ 38.5 2,990,691 ( 4 ) ( 5 ) I By FS Equity Partners VI, L.P. and FS Affiliates VI, L.P. ( 4 ) ( 5 )
Class C common stock ( 2 ) ( 3 ) 07/26/2017 C 2,990,691 ( 1 ) ( 2 )( 3 ) ( 2 )( 3 ) Class A common stock 2,990,691 ( 1 ) ( 1 ) 0 I By FS Equity Partners VI, L.P. and FS Affiliates VI, L.P. ( 4 ) ( 5 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
FS Equity Partners VI, L.P.
C/O FREEMAN SPOGLI & CO.
11100 SANTA MONICA BLVD., SUITE 1900
LOS ANGELES, CA90025
X
FS Capital Partners VI, LLC
C/O FREEMAN SPOGLI & CO.
11100 SANTA MONICA BLVD., SUITE 1900
LOS ANGELES, CA90025
X
Signatures
/s/ Monica Shilling, by power of attorney 07/27/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )2,868,826 shares of Class C common stock beneficially owned by FS Equity and 121,865 shares of Class C common stock beneficially owned by FS Affiliates were converted into the same number of shares of Class A common stock.
( 2 )Shares of the Issuer's Class C common stock are automatically converted into shares of the Issuer's Class A common stock on a one for one basis if the holder of such Class C common stock is not FS Equity Partners VI, L.P. ("FS Equity") or FS Affiliates VI, L.P. ("FS Affiliates" and, together with FS Equity, the "FS Funds") or their Affiliated Persons (as defined in the 1940 Act). In addition, FS Funds or any of their Affiliated Persons (as defined in the 1940 Act) may convert their shares of the Issuer's Class C common stock into shares of the Issuer's Class A Common Stock, in whole or in part, at any time and from time to time at their option, on a one for one basis so long as at such time either Ares Partners Holdco LLC and its affiliates or FS Funds and their Affiliated Persons (as defined in the 1940 Act) do not own more than 24.9% of the Issuer's Class A common stock after giving effect to any such conversion. (continued in footnote 3)
( 3 )In addition, shares of the Issuer's Class A common stock held by FS Funds or their Affiliated Persons (as defined in the 1940 Act) are convertible into shares of the Issuer's Class C common stock, in whole or in part, at any time and from time to time at the election of FS Funds or their Affiliated Persons (as defined in the 1940 Act), on a one for one basis. Holders of the Issuer's Class C common stock are not entitled to vote, except as required under Delaware law.
( 4 )FS Capital Partners VI, LLC, ("FS Capital") is the general partner of FS Equity and FS Affiliates, and has the sole power to vote and dispose of the shares of the Issuer's common stock owned by the FS Funds. Each of Messrs. Brad J. Brutocao, Bradford M. Freeman, Benjamin D. Geiger, Todd W. Halloran, Jon D. Ralph, John M. Roth, J. Frederick Simmons, Ronald P. Spogli and William M. Wardlaw is a managing member of FS Capital, and each of Messrs. Brutocao, Freeman, Geiger, Halloran, John S. Hwang, Christian B. Johnson, Ralph, Roth, Simmons, Spogli and Wardlaw is a member of Freeman Spogli & Co. ("Freeman Spogli"), and as such may be deemed to be the beneficial owners of the shares of the Issuer's Class A common stock owned by the FS Funds. (continued in footnote 5)
( 5 )Messrs. Brutocao, Freeman, Geiger, Halloran, Hwang, Johnson, Ralph, Roth, Simmons, Spogli and Wardlaw each disclaims beneficial ownership in the shares of the Issuer's Class A common stock except to the extent of his pecuniary interest in them.
( 6 )Following the conversion of 2,868,826 shares of Class C common stock beneficially owned by FS Equity and 121,865 shares of Class C common stock beneficially owned by FS Affiliates into the same number of shares of Class A common stock, FS Equity and FS Affiliates are the record holders of 21,130,834 and 897,621 shares of the Issuer's Class A common stock, respectively.

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