CUSIP No. 04247X102
|
13G
|
Page 2 of 12 Pages
|
1.
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Berkshire Partners Holdings LLC
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
|
(a) [ ]
(b) [x]
|
||
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
3,733,155†
|
|||
7.
|
SOLE DISPOSITIVE POWER
0
|
|||
8.
|
SHARED DISPOSITIVE POWER
3,733,155†
|
|||
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,733,155†
|
|||
10.
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|
[ ]
|
||
11.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.7%*†
|
|||
12.
|
TYPE OF REPORTING PERSON
OO
|
* | Percentage calculations are based on the number of shares of Common Stock outstanding as of May 2, 2016, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2016. |
† |
As of June 29, 2016. See Item 4.
|
CUSIP No. 04247X102
|
13G
|
Page 3 of 12 Pages
|
1.
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
BPSP, L.P.
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
|
(a) [ ]
(b) [x]
|
||
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
3,733,155†
|
|||
7.
|
SOLE DISPOSITIVE POWER
0
|
|||
8.
|
SHARED DISPOSITIVE POWER
3,733,155†
|
|||
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,733,155†
|
|||
10.
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|
[ ]
|
||
11.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.7%*†
|
|||
12.
|
TYPE OF REPORTING PERSON
PN
|
* | Percentage calculations are based on the number of shares of Common Stock outstanding as of May 2, 2016, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2016. |
† |
As of June 29, 2016. See Item 4.
|
CUSIP No. 04247X102
|
13G
|
Page 4 of 12 Pages
|
1.
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Stockbridge Partners LLC
|
|||||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
|
(a) [ ]
(b) [x]
|
||||
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
3,733,155†
|
|||||
7.
|
SOLE DISPOSITIVE POWER
0
|
|||||
8.
|
SHARED DISPOSITIVE POWER
3,733,155†
|
|||||
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,733,155†
|
|||||
10.
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|
[ ]
|
||||
11.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.7%*†
|
|||||
12.
|
TYPE OF REPORTING PERSON
IA
|
* | Percentage calculations are based on the number of shares of Common Stock outstanding as of May 2, 2016, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2016. |
CUSIP No. 04247X102
|
13G
|
Page 5 of 12 Pages
|
1.
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Stockbridge Fund, L.P.
|
||||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
|
(a) [ ]
(b) [x]
|
|||
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
2,801,762†
|
||||
7.
|
SOLE DISPOSITIVE POWER
0
|
||||
8.
|
SHARED DISPOSITIVE POWER
2,801,762†
|
||||
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,801,762†
|
||||
10.
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|
[ ]
|
|||
11.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.0%*†
|
||||
12.
|
TYPE OF REPORTING PERSON
PN
|
* | Percentage calculations are based on the number of shares of Common Stock outstanding as of May 2, 2016, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2016. |
† |
As of June 29, 2016. See Item 4.
|
CUSIP No. 04247X102
|
13G
|
Page 6 of 12 Pages
|
1.
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Stockbridge Absolute Return Fund, L.P.
|
|||||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
|
(a) [ ]
(b) [x]
|
||||
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
8,531†
|
|||||
7.
|
SOLE DISPOSITIVE POWER
0
|
|||||
8.
|
SHARED DISPOSITIVE POWER
8,531†
|
|||||
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,531†
|
|||||
10.
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|
|||||
11.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
less than 0.1%*†
|
|||||
12.
|
TYPE OF REPORTING PERSON
PN
|
* | Percentage calculations are based on the number of shares of Common Stock outstanding as of May 2, 2016, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2016. |
† |
As of June 29, 2016. See Item 4.
|
CUSIP No. 04247X102
|
13G
|
Page 7 of 12 Pages
|
1.
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Stockbridge Master Fund (OS), L.P.
|
||||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
|
(a) [ ]
(b) [x]
|
|||
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
247,834†
|
||||
7.
|
SOLE DISPOSITIVE POWER
0
|
||||
8.
|
SHARED DISPOSITIVE POWER
247,834†
|
||||
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
247,834†
|
||||
10.
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|
[ ]
|
|||
11.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.4%*†
|
||||
12.
|
TYPE OF REPORTING PERSON
PN
|
* | Percentage calculations are based on the number of shares of Common Stock outstanding as of May 2, 2016, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2016. |
BERKSHIRE PARTNERS HOLDINGS LLC
|
|||
By:
|
/s/ Sharlyn C. Heslam
|
||
Name:
|
Sharlyn C. Heslam
|
||
Title:
|
Managing Director
|
BPSP, L.P.
|
|||
By:
|
Berkshire Partners Holdings LLC,
its general partner
|
||
By:
|
/s/ Sharlyn C. Heslam
|
||
Name:
|
Sharlyn C. Heslam
|
||
Title:
|
Managing Director
|
STOCKBRIDGE PARTNERS LLC
|
|||
By:
|
BPSP, L.P.,
its managing member
|
||
By:
|
Berkshire Partners Holdings LLC,
its general partner
|
||
By:
|
/s/ Sharlyn C. Heslam
|
||
Name:
|
Sharlyn C. Heslam
|
||
Title:
|
Managing Director
|
STOCKBRIDGE FUND, L.P.
|
|||
By:
|
Stockbridge Associates LLC,
its general partner
|
||
By:
|
/s/ Sharlyn C. Heslam
|
||
Name:
|
Sharlyn C. Heslam
|
||
Title:
|
Managing Director
|
STOCKBRIDGE ABSOLUTE RETURN FUND, L.P.
|
|||
By:
|
Stockbridge Associates LLC,
its general partner
|
||
By:
|
/s/ Sharlyn C. Heslam
|
||
Name:
|
Sharlyn C. Heslam
|
||
Title:
|
Managing Director
|
STOCKBRIDGE MASTER FUND (OS), L.P.
|
|||
By:
|
Stockbridge Associates LLC,
its general partner
|
||
By:
|
/s/ Sharlyn C. Heslam
|
||
Name:
|
Sharlyn C. Heslam
|
||
Title:
|
Managing Director
|
Exhibit No.
|
Description
|
1
|
Joint Filing Agreement among Reporting Persons
|
BERKSHIRE PARTNERS HOLDINGS LLC
|
|||
By:
|
/s/ Sharlyn C. Heslam
|
||
Name:
|
Sharlyn C. Heslam
|
||
Title:
|
Managing Director
|
BPSP, L.P.
|
|||
By:
|
Berkshire Partners Holdings LLC,
its general partner
|
||
By:
|
/s/ Sharlyn C. Heslam
|
||
Name:
|
Sharlyn C. Heslam
|
||
Title:
|
Managing Director
|
STOCKBRIDGE PARTNERS LLC
|
|||
By:
|
BPSP, L.P.,
its managing member
|
||
By:
|
Berkshire Partners Holdings LLC,
its general partner
|
||
By:
|
/s/ Sharlyn C. Heslam
|
||
Name:
|
Sharlyn C. Heslam
|
||
Title:
|
Managing Director
|
STOCKBRIDGE FUND, L.P.
|
|||
By:
|
Stockbridge Associates LLC,
its general partner
|
||
By:
|
/s/ Sharlyn C. Heslam
|
||
Name:
|
Sharlyn C. Heslam
|
||
Title:
|
Managing Director
|
STOCKBRIDGE ABSOLUTE RETURN FUND, L.P.
|
|||
By:
|
Stockbridge Associates LLC,
its general partner
|
||
By:
|
/s/ Sharlyn C. Heslam
|
||
Name:
|
Sharlyn C. Heslam
|
||
Title:
|
Managing Director
|
STOCKBRIDGE MASTER FUND (OS), L.P.
|
|||
By:
|
Stockbridge Associates LLC,
its general partner
|
||
By:
|
/s/ Sharlyn C. Heslam
|
||
Name:
|
Sharlyn C. Heslam
|
||
Title:
|
Managing Director
|