Sec Form 4 Filing - CORTEC GROUP GP, LLC @ YETI Holdings, Inc. - 2020-05-13

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
CORTEC GROUP GP, LLC
2. Issuer Name and Ticker or Trading Symbol
YETI Holdings, Inc. [ YETI]
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 CORTEC GROUP INC., 140 EAST 45TH STREET, 43RD FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
05/13/2020
(Street)
NEW YORK, NY10017
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 05/13/2020 S( 1 ) 11,758,868 D $ 28.015 5,178,976 I See Footnote ( 2 )
Common Stock 05/13/2020 S( 1 ) 270,454 D $ 28.015 119,117 I See Footnote ( 3 )
Common Stock 05/13/2020 S( 1 ) 718,898 D $ 28.015 316,625 I See Footnote ( 4 )
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
CORTEC GROUP GP, LLC
C/O CORTEC GROUP INC.
140 EAST 45TH STREET, 43RD FLOOR
NEW YORK, NY10017
X
Cortec Management V, LLC
C/O CORTEC GROUP INC.
140 EAST 45TH STREET, 43RD FLOOR
NEW YORK, NY10017
X
Cortec Group Fund V, L.P.
C/O CORTEC GROUP INC.
140 EAST 45TH STREET, 43RD FLOOR
NEW YORK, NY10017
X
Cortec Co-Investment Fund V, LLC
C/O CORTEC GROUP INC.
140 EAST 45TH STREET, 43RD FLOOR
NEW YORK, NY10017
X
Cortec Management V (Co-Invest), LLC
C/O CORTEC GROUP INC.
140 EAST 45TH STREET, 43RD FLOOR
NEW YORK, NY10017
X
Cortec Group Fund V (Parallel), L.P.
C/O CORTEC GROUP INC.
140 EAST 45TH STREET, 43RD FLOOR
NEW YORK, NY10017
X
Signatures
CORTEC GROUP GP, LLC By: /s/ David L. Schnadig as attorney-in-fact 05/13/2020
Signature of Reporting Person Date
CORTEC MANAGEMENT V, LLC By: CORTEC GROUP GP, LLC, its manager By: /s/ David L. Schnadig as attorney-in-fact 05/13/2020
Signature of Reporting Person Date
CORTEC GROUP FUND V, L.P. By: CORTEC MANAGEMENT V, LLC, its general partner By: CORTEC GROUP GP, LLC, its manager By: /s/ David L. Schnadig as attorney-in-fact 05/13/2020
Signature of Reporting Person Date
CORTEC CO-INVESTMENT FUND V, LLC By: CORTEC GROUP GP, LLC, its manager By: /s/ David L. Schnadig as attorney-in-fact 05/13/2020
Signature of Reporting Person Date
CORTEC MANAGEMENT V (CO-INVEST), LLC By: /s/ David L. Schnadig as attorney-in-fact 05/13/2020
Signature of Reporting Person Date
CORTEC GROUP FUND V (PARALLEL), L.P. By: CORTEC MANAGEMENT V (CO-INVEST), LLC, its general partner By: /s/ David L. Schnadig as attorney-in-fact 05/13/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Cortec Group Fund V, L.P., Cortec Co-Investment Fund V, LLC and Cortec Group Fund V (Parallel), L.P. each sold shares in an offering of Common Stock by certain selling stockholders of the Issuer on May 13, 2020 at a price of $28.015 per share, after deducting underwriting discounts and commissions of $0.185 per share.
( 2 )The amount shown represents the beneficial ownership of Common Stock held directly by Cortec Group Fund V, L.P.
( 3 )The amount shown represents the beneficial ownership of Common Stock held directly by Cortec Co-Investment Fund V, LLC.
( 4 )The amount shown represents the beneficial ownership of Common Stock held directly by Cortec Group Fund V (Parallel), L.P.

Remarks:
See Exhibit 99 for the relationship among the reporting persons identified herein.Exhibit List:Exhibit 99

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