UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
WisdomTree Investments, Inc.
(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE PER SHARE
(Title of Class of Securities)
97717P104
(CUSIP Number)
Jonathan L. Steinberg
c/o WisdomTree Investments, Inc.
245 Park Avenue, 35th Floor
New York, NY 10167
Telephone: (212) 801-2080
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
Not Applicable – Voluntary Filing
(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule.13d-7 for other parties to whom copies are to be sent.
| * | 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).
| 1. | Names of Reporting Persons.
Jonathan L. Steinberg | |||||
| 2. | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
| |||||
| 3. | SEC Use Only
| |||||
| 4. | Source of Funds
PF | |||||
| 5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
☐ | |||||
| 6. | Citizenship or Place of Organization
United States | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With:
|
7. | Sole Voting Power
7,348,008 | ||||
| 8. | Shared Voting Power
17,687 | |||||
| 9. | Sole Dispositive Power
7,348,008 | |||||
| 10. | Shared Dispositive Power
17,687 | |||||
| 11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
7,365,695 | |||||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☐ | |||||
| 13. | Percent of Class Represented by Amount in Row (11)
5.39% (based on 136,623,470 shares of Common Stock issued and outstanding as of January 31, 2017) | |||||
| 14. | Type of Reporting Person
IN | |||||
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| ITEM 1. | SECURITY AND ISSUER |
This Amendment No. 1 to Schedule 13D relates to the common stock, par value $.01 per share (“Common Stock”), of WisdomTree Investments, Inc. (“Company”), whose principal executive offices are located at 245 Park Avenue, 35th Floor, New York, NY 10167.
| ITEM 2. | IDENTITY AND BACKGROUND |
This Amendment No. 1 to Schedule 13D is filed by Jonathan L. Steinberg (“Reporting Person”). The Reporting Person is President and Chief Executive Officer of WisdomTree Investments, Inc. and his business address is 245 Park Avenue, 35th Floor, New York, NY 10167. The Reporting Person has not, during the last five years, been convicted in a criminal proceeding or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. The Reporting Person is a citizen of the United States of America.
| ITEM 3. | SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION |
On August 19, 2016, the Reporting Person purchased 250,000 shares of Common Stock in the open market for an aggregate purchase price of $2,540,701.05.
On September 14, 2016, the Reporting Person purchased 100,000 shares of Common Stock in the open market for an aggregate purchase price of $1,022,534.98.
The Common Stock was purchased with the Reporting Person’s personal funds.
| ITEM 4. | PURPOSE OF TRANSACTION |
All of the Company’s securities owned by the Reporting Person have been acquired for investment purposes only. The Reporting Person has no present plans or proposals that relate to or would result in any of the actions required to be described in subsections (a) through (j) of Item 4 of Schedule 13D. The Reporting Person may, at any time, review or reconsider his position with respect to the Company and formulate plans or proposals with respect to any of such matters, but has no present intention of doing so.
| ITEM 5. | INTEREST IN SECURITIES OF THE ISSUER |
(a) As of January 31, 2017, the Reporting Person beneficially owns 7,365,695 shares, or 5.39%, of the Company’s outstanding Common Stock.
(b) As of January 31, 2017, the Reporting Person has the sole power to vote and dispose of 7,348,008 shares of Common Stock, which includes 332,131 shares of restricted stock over which Mr. Steinberg possesses sole voting power, but which are not transferable by him until such shares have vested (these shares vest as to: (i) 37,550 shares on January 28, 2018, (ii) 147,291 shares on January 27, 2018 and (iii) 147,290 shares on January 27, 2019). The Reporting Person shares voting and dispositive power of 16,889 shares of Common Stock held in a joint account with the Reporting Person’s spouse and may be deemed to share voting and dispositive power of 798 shares of Common Stock owned by the Reporting Person’s spouse.
(c) On January 28, 2017, the Reporting Person surrendered to the Company 20,955 shares of Common Stock upon vesting of a restricted stock award to cover withholding taxes.
On January 27, 2017, the Reporting Person surrendered to the Company 76,360 shares of Common Stock upon vesting of a restricted stock award to cover withholding taxes.
On January 14, 2017, the Reporting Person surrendered to the Company 21,789 shares of Common Stock upon vesting of a restricted stock award to cover withholding taxes.
(d) Except as reported herein, no other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Reporting Person’s securities.
(e) Not applicable.
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| ITEM 6. | CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER |
The Reporting Person and the Company are parties to an Amended and Restated Stockholder’s Agreement, dated December 21, 2006, with Michael Steinhardt. Under this agreement, the Reporting Person agreed to give Mr. Steinhardt a right of first refusal to purchase any shares he intends to sell if he were to sell any of his shares in a private transaction.
| ITEM 7. | MATERIAL TO BE FILED AS EXHIBITS |
None.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: February 7, 2017
| By: |
/s/ Jonathan L. Steinberg | |
| Jonathan L. Steinberg |
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