Sec Form 4 Filing - ASP MD Investco LP @ Metaldyne Performance Group Inc. - 2017-04-06

Insider filing report for Changes in Beneficial Ownership
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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
ASP MD Investco LP
2. Issuer Name and Ticker or Trading Symbol
Metaldyne Performance Group Inc. [ MPG]
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 AMERICAN SECURITIES LLC, 299 PARK AVENUE, 34TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
04/06/2017
(Street)
NEW YORK, NY10171
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
Common Stock, par value $0.001 per share ("Common Stock") 04/06/2017 D( 1 )( 2 ) 51,368,003 ( 3 ) D 0 D ( 2 ) ( 3 )
Common Stock 04/06/2017 D( 1 )( 2 ) 5,290 D 0 D ( 2 ) ( 4 )
Common Stock 04/06/2017 D( 1 )( 2 ) 3,135 D 0 D ( 2 ) ( 5 ) ( 6 )
Common Stock 04/06/2017 D( 1 )( 2 ) 3,135 D 0 D ( 2 ) ( 5 ) ( 7 )
Common Stock 04/06/2017 D( 1 )( 2 ) 3,135 D 0 D ( 2 ) ( 5 ) ( 8 )
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ASP MD Investco LP
C/O AMERICAN SECURITIES LLC
299 PARK AVENUE, 34TH FLOOR
NEW YORK, NY10171
X
American Securities Partners VI, L.P.
C/O AMERICAN SECURITIES LLC
299 PARK AVENUE, 34TH FLOOR
NEW YORK, NY10171
X
American Securities Partners VI(B), L.P.
C/O AMERICAN SECURITIES LLC
299 PARK AVENUE, 34TH FLOOR
NEW YORK, NY10171
X
American Securities Partners VI(C), L.P.
C/O AMERICAN SECURITIES LLC
299 PARK AVENUE, 34TH FLOOR
NEW YORK, NY10171
X
American Securities Partners VI(D), L.P.
C/O AMERICAN SECURITIES LLC
299 PARK AVENUE, 34TH FLOOR
NEW YORK, NY10171
X
American Securities Associates VI, LLC
C/O AMERICAN SECURITIES LLC
299 PARK AVENUE, 34TH FLOOR
NEW YORK, NY10171
X
AMERICAN SECURITIES LLC
C/O AMERICAN SECURITIES LLC
299 PARK AVE, 34TH FLOOR
NEW YORK, NY10171
X
Penn Kevin S.
C/O AMERICAN SECURITIES LLC
299 PARK AVENUE, 34TH FLOOR
NEW YORK, NY10171
X
Easton Loren S.
C/O AMERICAN SECURITIES LLC
299 PARK AVENUE, 34TH FLOOR
NEW YORK, NY10171
X
Fisch Michael G.
C/O AMERICAN SECURITIES LLC
299 PARK AVENUE, 34TH FLOOR
NEW YORK, NY10171
X
Signatures
ASP MD Investco LP, By: ASP Manager Corp., its general partner, /s/ Michael G. Fisch, as President 04/10/2017
Signature of Reporting Person Date
American Securities Partners VI, L.P., By: American Securities Associates VI, LLC, its general partner, /s/ Michael G. Fisch, as Managing Member 04/10/2017
Signature of Reporting Person Date
American Securities Partners VI(B), L.P., By: American Securities Associates VI, LLC, its general partner, /s/ Michael G. Fisch, as Managing Member 04/10/2017
Signature of Reporting Person Date
American Securities Partners VI(C), L.P., By: American Securities Associates VI, LLC, its general partner, /s/ Michael G. Fisch, as Managing Member 04/10/2017
Signature of Reporting Person Date
American Securities Partners VI(D), L.P., By: American Securities Associates VI, LLC, its general partner, /s/ Michael G. Fisch, as Managing Member 04/10/2017
Signature of Reporting Person Date
American Securities Associates VI, LLC, /s/ Michael G. Fisch, as Managing Member 04/10/2017
Signature of Reporting Person Date
American Securities LLC, /s/ Michael G. Fisch, as President and Chief Executive Officer 04/10/2017
Signature of Reporting Person Date
/s/ Kevin S. Penn 04/10/2017
Signature of Reporting Person Date
/s/ Loren S. Easton 04/10/2017
Signature of Reporting Person Date
/s/ Michael G. Fisch 04/10/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects disposition in connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated as of November 3, 2016 (the "Merger Agreement"), by and among the Issuer, American Axle & Manufacturing Holdings, Inc. ("AAM") and Alpha SPV I, Inc., a wholly-owned subsidiary of AAM ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving as a wholly-owned subsidiary of AAM and each share of Common Stock was exchanged for $13.50 in cash (the "Cash Consideration") and 0.5 of a share of common stock of AAM (the "Share Consideration" and, together with the Cash Consideration, the "Merger Consideration"). The closing price of a share of Common Stock on April 5, 2017 (the last trading day prior to the effectiveness of the Merger) wa s $21.90, and the closing price of a share of AAM common stock on April 6, 2017 (the effective date of the Merger) was $17.00.
( 2 )Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of such Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
( 3 )Represents (A) 51,365,358 shares directly owned by ASP MD Investco LP ("Investco") that may also be deemed to be indirectly beneficially owned by: (i) American Securities Partners VI, L.P., American Securities Partners VI(B), L.P., American Securities Partners VI(C), L.P. and American Securities Partners VI(D), L.P. (each, a "Sponsor"), the owners of partnership interests in Investco; and (ii) American Securities Associates VI, LLC, the general partner of each Sponsor. American Securities LLC ("ASL") provides investment advisory services to each Sponsor, and (B) 2,645 shares of common stock granted to Kevin Penn, Loren Easton and Michael Fisch in their capacity as directors of the Issuer; pursuant to an arrangement between each of Mr. Penn, Mr. Easton, and Mr. Fisch and ASL, such shares of common stock were assigned to and held for the benefit of ASL.
( 4 )Reflects disposition of shares of restricted stock under the Merger Agreement, pursuant to which each share of restricted stock of the Issuer was canceled in exchange for the Merger Consideration; such shares had been granted to Kevin Penn, Loren Easton and Michael Fisch in their capacity as directors of the Issuer and were assigned to and held for the benefit of ASL pursuant to an arrangement between each of Mr. Penn, Mr. Easton, and Mr. Fisch and ASL.
( 5 )Reflects disposition under the Merger Agreement, pursuant to which each restricted stock unit of the Issuer became fully vested immediately prior to the Merger and was canceled in exchange for the Merger Consideration; such shares had been granted to Kevin Penn, Loren Easton and Michael Fisch in their capacity as directors of the Issuer and were assigned to and held for the benefit of ASL pursuant to an arrangement between each of Mr. Penn, Mr. Easton, and Mr. Fisch and ASL.
( 6 )Kevin Penn is a managing director of ASL (and was a director of Issuer). Pursuant to an arrangement between Mr. Penn and ASL, all director fees received by him from the Issuer were paid over to or held for the benefit of ASL.
( 7 )Loren Easton is a managing director of ASL (and was a director of Issuer). Pursuant to an arrangement between Mr. Easton and ASL, all director fees received by him from the Issuer were paid over to or held for the benefit of ASL.
( 8 )Michael G. Fisch is President and Chief Executive Officer of ASL (and was a director of Issuer). Pursuant to an arrangement between Mr. Fisch and ASL, all director fees received by him from the Issuer were paid over to or held for the benefit of ASL.

Remarks:
Exhibit 99.1 Joint Filer Information, incorporated herein by reference

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