Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

CONMED Corp Major Shareholding Notification 2016

Mar 30, 2016

31971_mrq_2016-03-30_f395fdf6-8b36-4fc4-b9b1-c4c6cb17d37c.zip

Major Shareholding Notification

Open in viewer

Opens in your device viewer

SC 13D/A 1 sc13da306777016_03302016.htm AMENDMENT NO. 3 TO THE SCHEDULE 13D sc13da306777016_03302016.htm Licensed to: olshan Document Created using EDGARizer 2020 5.5.2.0 Copyright 1995 - 2015 Summit Financial Printing. All rights reserved.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

§ 240.13d-2(a)

(Amendment No. 3) 1

CONMED Corporation

(Name of Issuer)

Common Stock, $0.01 par value

(Title of Class of Securities)

207410101

(CUSIP Number)

SAMANTHA NASELLO

SCOPIA CAPITAL MANAGEMENT LP

152 West 57th Street, 33rd Floor

New York, New York 10019

(212) 370-0303

STEVE WOLOSKY

OLSHAN FROME WOLOSKY LLP

Park Avenue Tower

65 East 55 th Street

New York, New York 10022

(212) 451-2300

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

March 28, 2016

(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 § 240.13d-7 for other parties to whom copies are to be sent.


1 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 ).

CUSIP NO. 207410101

1 NAME OF REPORTING PERSON SCOPIA PX LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 622,794
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 622,794
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 622,794
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.2%
14 TYPE OF REPORTING PERSON OO

2

CUSIP NO. 207410101

1 NAME OF REPORTING PERSON SCOPIA PARTNERS LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 17,110
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 17,110
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 17,110
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Less than 1%
14 TYPE OF REPORTING PERSON OO

3

CUSIP NO. 207410101

1 NAME OF REPORTING PERSON SCOPIA HEALTH CARE LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 46,729
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 46,729
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 46,729
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Less than 1%
14 TYPE OF REPORTING PERSON OO

4

CUSIP NO. 207410101

1 NAME OF REPORTING PERSON SCOPIA WINDMILL FUND LP
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 433,862
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 433,862
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 433,862
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.6%
14 TYPE OF REPORTING PERSON PN

5

CUSIP NO. 207410101

1 NAME OF REPORTING PERSON SCOPIA INTERNATIONAL MASTER FUND LP
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION BERMUDA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 108,059
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 108,059
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 108,059
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Less than 1%
14 TYPE OF REPORTING PERSON PN

6

CUSIP NO. 207410101

1 NAME OF REPORTING PERSON SCOPIA PX INTERNATIONAL MASTER FUND LP
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION BERMUDA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 780,046
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 780,046
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 780,046
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.8%
14 TYPE OF REPORTING PERSON PN

7

CUSIP NO. 207410101

1 NAME OF REPORTING PERSON SCOPIA HEALTH CARE INTERNATIONAL MASTER FUND LP
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION BERMUDA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 340,075
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 340,075
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 340,075
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.2%
14 TYPE OF REPORTING PERSON PN

8

CUSIP NO. 207410101

1 NAME OF REPORTING PERSON SCOPIA CAPITAL GP LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 2,348,675
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 2,348,675
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,348,675
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.5%
14 TYPE OF REPORTING PERSON OO

9

CUSIP NO. 207410101

1 NAME OF REPORTING PERSON SCOPIA CAPITAL MANAGEMENT LP
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS AF, OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 2,380,264
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 2,380,264
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,380,264
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.6%
14 TYPE OF REPORTING PERSON PN

10

CUSIP NO. 207410101

1 NAME OF REPORTING PERSON SCOPIA MANAGEMENT, INC.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION NEW YORK
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 2,380,264
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 2,380,264
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,380,264
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.6%
14 TYPE OF REPORTING PERSON CO

11

CUSIP NO. 207410101

1 NAME OF REPORTING PERSON MATTHEW SIROVICH
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER - 0 -
8 SHARED VOTING POWER 2,380,264
9 SOLE DISPOSITIVE POWER - 0 -
10 SHARED DISPOSITIVE POWER 2,380,264
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,380,264
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.6%
14 TYPE OF REPORTING PERSON IN

12

CUSIP NO. 207410101

1 NAME OF REPORTING PERSON JEREMY MINDICH
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ¨
6 CITIZENSHIP OR PLACE OF ORGANIZATION USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER - 0 -
8 SHARED VOTING POWER 2,380,264
9 SOLE DISPOSITIVE POWER - 0 -
10 SHARED DISPOSITIVE POWER 2,380,264
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,380,264
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.6%
14 TYPE OF REPORTING PERSON IN

13

CUSIP NO. 207410101

The following constitutes Amendment No. 3 to the Schedule 13D filed by the undersigned (“Amendment No. 3”). This Amendment No. 3 amends the Schedule 13D as specifically set forth herein.

ITEM 3. Source and Amount of Funds or Other Consideration .

Item 3 is hereby amended and restated to read as follows:

The Shares purchased by each of Scopia PX, Scopia Partners, Scopia Health, Scopia Windmill, Scopia International, Scopia PX International, Scopia Health International and held in the Managed Account were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business).

The aggregate purchase price of the 622,794 Shares beneficially owned by Scopia PX is approximately $24,183,425, excluding brokerage commissions.

The aggregate purchase price of the 17,110 Shares beneficially owned by Scopia Partners is approximately $663,650, excluding brokerage commissions.

The aggregate purchase price of the 46,729 Shares beneficially owned by Scopia Health is approximately $1,812,083, excluding brokerage commissions.

The aggregate purchase price of the 433,862 Shares beneficially owned by Scopia Windmill is approximately $16,831,404, excluding brokerage commissions.

The aggregate purchase price of the 108,059 Shares beneficially owned by Scopia International is approximately $4,191,405, excluding brokerage commissions.

The aggregate purchase price of the 780,046 Shares beneficially owned by Scopia PX International is approximately $30,256,575, excluding brokerage commissions.

The aggregate purchase price of the 340,075 Shares beneficially owned by Scopia Health International is approximately $13,187,543, excluding brokerage commissions.

The aggregate purchase price of the 31,589 Shares held in the Managed Account is approximately $1,225,276, excluding brokerage commissions.

ITEM 5. Interest in Securities of the Issuer.

Items 5(a) – (c) are hereby amended and restated to read as follows:

The aggregate percentage of Shares reported owned by each person named herein is based upon 27,712,715 Shares outstanding as of February 15, 2016, which is the total number of Shares outstanding as reported in the Issuer’s annual report on Form 10-K filed with the Securities and Exchange Commission on February 23, 2016.

A. Scopia PX

(a) As of the close of business on March 29, 2016, Scopia PX beneficially owned 622,794 Shares.

Percentage: Approximately 2.2%

14

CUSIP NO. 207410101

(b) 1. Sole power to vote or direct vote: 622,794

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 622,794

  3. Shared power to dispose or direct the disposition: 0

(c) The transactions in the securities of the Issuer by Scopia PX since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

B. Scopia Partners

(a) As of the close of business on March 29, 2016, Scopia Partners beneficially owned 17,110 Shares.

Percentage: Less than 1%

(b) 1. Sole power to vote or direct vote: 17,110

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 17,110

  3. Shared power to dispose or direct the disposition: 0

(c) The transactions in the securities of the Issuer by Scopia Partners since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

C. Scopia Health

(a) As of the close of business on March 29, 2016, Scopia Health beneficially owned 46,729 Shares.

Percentage: Less than 1%

(b) 1. Sole power to vote or direct vote: 46,729

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 46,729

  3. Shared power to dispose or direct the disposition: 0

(c) The transactions in the securities of the Issuer by Scopia Health since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

D. Scopia Windmill

(a) As of the close of business on March 29, 2016, Scopia Windmill beneficially owned 433,862 Shares.

Percentage: Approximately 1.6%

15

CUSIP NO. 207410101

(b) 1. Sole power to vote or direct vote: 433,862

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 433,862

  3. Shared power to dispose or direct the disposition: 0

(c) The transactions in the securities of the Issuer by Scopia Windmill since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

E. Scopia International

(a) As of the close of business on March 29, 2016, Scopia International beneficially owned 108,059 Shares.

Percentage: Less than 1%

(b) 1. Sole power to vote or direct vote: 108,059

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 108,059

  3. Shared power to dispose or direct the disposition: 0

(c) The transactions in the securities of the Issuer by Scopia International since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

F. Scopia PX International

(a) As of the close of business on March 29, 2016, Scopia PX International beneficially owned 780,046 Shares.

Percentage: Approximately 2.8%

(b) 1. Sole power to vote or direct vote: 780,046

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 780,046

  3. Shared power to dispose or direct the disposition: 0

(c) The transactions in the securities of the Issuer by Scopia PX International since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

G. Scopia Health International

(a) As of the close of business on March 29, 2016, Scopia Health International beneficially owned 340,075 Shares.

Percentage: Approximately 1.2%

16

CUSIP NO. 207410101

(b) 1. Sole power to vote or direct vote: 340,075

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 340,075

  3. Shared power to dispose or direct the disposition: 0

(c) The transactions in the securities of the Issuer by Scopia Health International since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

H. Scopia Capital

(a) Scopia Capital, as the Managing Member of each of Scopia PX, Scopia Partners and Scopia Health, and the general partner of each of Scopia Windmill, Scopia International, Scopia PX International and Scopia Health International, may be deemed the beneficial owner of the: (i) 622,794 Shares owned by Scopia PX; (ii) 17,110 Shares owned by Scopia Partners; (iii) 46,729 Shares owned by Scopia Health; (iv) 433,862 Shares owned by Scopia Windmill; (v) 108,059 Shares owned by Scopia International; (vi) 780,046 Shares owned by Scopia PX International; and (vii) 340,075 Shares owned by Scopia Health International.

Percentage: Approximately 8.5%

(b) 1. Sole power to vote or direct vote: 2,348,675

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 2,348,675

  3. Shared power to dispose or direct the disposition: 0

(c) Scopia Capital has not entered into any transactions in the securities of the Issuer since the filing of Amendment No. 2 to the Schedule 13D. The transactions in the securities of the Issuer on behalf of each of Scopia PX, Scopia Partners, Scopia Health, Scopia Windmill, Scopia International, Scopia PX International and Scopia Health International since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

I. Scopia Management

(a) As of the close of business on March 29, 2016, 31,589 Shares were held in the Managed Account. Scopia Management, as the Investment Manager of each of Scopia PX, Scopia Partners, Scopia Health, Scopia Windmill, Scopia International, Scopia PX International, Scopia Health International and the Managed Account, may be deemed the beneficial owner of the: (i) 622,794 Shares owned by Scopia PX; (ii) 17,110 Shares owned by Scopia Partners; (iii) 46,729 Shares owned by Scopia Health; (iv) 433,862 Shares owned by Scopia Windmill; (v) 108,059 Shares owned by Scopia International; (vi) 780,046 Shares owned by Scopia PX International; (vii) 340,075 Shares owned by Scopia Health International; and (viii) 31,589 Shares held in the Managed Account.

Percentage: Approximately 8.6%

(b) 1. Sole power to vote or direct vote: 2,380,264

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 2,380,264

  3. Shared power to dispose or direct the disposition: 0

(c) The transactions in the securities of the Issuer by Scopia Management through the Managed Account and on behalf of each of Scopia PX, Scopia Partners, Scopia Health, Scopia Windmill, Scopia International, Scopia PX International and Scopia Health International since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

17

CUSIP NO. 207410101

J. Scopia Inc.

(a) Scopia Inc., as the general partner of Scopia Management, may be deemed the beneficial owner of the: (i) 622,794 Shares owned by Scopia PX; (ii) 17,110 Shares owned by Scopia Partners; (iii) 46,729 Shares owned by Scopia Health; (iv) 433,862 Shares owned by Scopia Windmill; (v) 108,059 Shares owned by Scopia International; (vi) 780,046 Shares owned by Scopia PX International; (vii) 340,075 Shares owned by Scopia Health International; and (viii) 31,589 Shares held in the Managed Account.

Percentage: Approximately 8.6%

(b) 1. Sole power to vote or direct vote: 2,380,264

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 2,380,264

  3. Shared power to dispose or direct the disposition: 0

(c) Scopia Inc. has not entered into any transactions in the securities of the Issuer since the filing of Amendment No. 2 to the Schedule 13D. The transactions in the securities of the Issuer on behalf of each of Scopia PX, Scopia Partners, Scopia Health, Scopia Windmill, Scopia International, Scopia PX International, Scopia Health International and through the Managed Account since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

K. Mr. Sirovich

(a) Mr. Sirovich, as a Managing Member of Scopia Capital and Managing Director of Scopia Inc., may be deemed the beneficial owner of the: (i) 622,794 Shares owned by Scopia PX; (ii) 17,110 Shares owned by Scopia Partners; (iii) 46,729 Shares owned by Scopia Health; (iv) 433,862 Shares owned by Scopia Windmill; (v) 108,059 Shares owned by Scopia International; (vi) 780,046 Shares owned by Scopia PX International; (vii) 340,075 Shares owned by Scopia Health International; and (viii) 31,589 Shares held in the Managed Account.

Percentage: Approximately 8.6%

(b) 1. Sole power to vote or direct vote: 0

  1. Shared power to vote or direct vote: 2,380,264

  2. Sole power to dispose or direct the disposition: 0

  3. Shared power to dispose or direct the disposition: 2,380,264

(c) Mr. Sirovich has not entered into any transactions in the securities of the Issuer since the filing of Amendment No. 2 to the Schedule 13D. The transactions in the securities of the Issuer on behalf of each of Scopia PX, Scopia Partners, Scopia Health, Scopia Windmill, Scopia International, Scopia PX International, Scopia Health International and through the Managed Account since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

L. Mr. Mindich

(a) Mr. Mindich, as a Managing Member of Scopia Capital and Managing Director of Scopia Inc., may be deemed the beneficial owner of the: (i) 622,794 Shares owned by Scopia PX; (ii) 17,110 Shares owned by Scopia Partners; (iii) 46,729 Shares owned by Scopia Health; (iv) 433,862 Shares owned by Scopia Windmill; (v) 108,059 Shares owned by Scopia International; (vi) 780,046 Shares owned by Scopia PX International; (vii) 340,075 Shares owned by Scopia Health International; and (viii) 31,589 Shares held in the Managed Account.

Percentage: Approximately 8.6%

(b) 1. Sole power to vote or direct vote: 0

  1. Shared power to vote or direct vote: 2,380,264

  2. Sole power to dispose or direct the disposition: 0

  3. Shared power to dispose or direct the disposition: 2,380,264

18

(c) Mr. Mindich has not entered into any transactions in the securities of the Issuer since the filing of Amendment No. 2 to the Schedule 13D. The transactions in the securities of the Issuer on behalf of each of Scopia PX, Scopia Partners, Scopia Health, Scopia Windmill, Scopia International, Scopia PX International, Scopia Health International and through the Managed Account since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

The Reporting Persons, as members of a “group” for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, may be deemed the beneficial owner of the Shares directly owned by the other Reporting Persons. Each Reporting Person disclaims beneficial ownership of such Shares except to the extent of his or its pecuniary interest therein.

19

CUSIP NO. 207410101

SIG NATURES

After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: March 30, 2016

SCOPIA PX LLC SCOPIA PARTNERS LLC SCOPIA HEALTH CARE LLC SCOPIA WINDMILL FUND LP SCOPIA INTERNATIONAL MASTER FUND LP SCOPIA PX INTERNATIONAL MASTER FUND LP SCOPIA HEALTH CARE INTERNATIONAL MASTER FUND LP

By: Scopia Capital Management LP
Investment Manager
By: Scopia Management, Inc.
General Partner
By: /s/ Matthew Sirovich
Name: Matthew Sirovich
Title: Managing Director
SCOPIA CAPITAL MANAGEMENT LP — By: Scopia Management, Inc. General Partner
By: /s/ Matthew Sirovich
Name: Matthew Sirovich
Title: Managing Director
/s/ Matthew Sirovich By: /s/ Matthew Sirovich
Name: Matthew Sirovich Name: Matthew Sirovich
Title: Managing Member Title: Managing Director
/s/ Matthew Sirovich
MATTHEW SIROVICH
/s/ Jeremy Mindich
JEREMY MINDICH

20

CUSIP NO. 207410101

SCHEDULE A

Transactions in the Securities of the Issuer Since the filing of Amendment No. 2 to the Schedule 13D

Nature of the Transaction Amount of Securities Purchased/(Sold) Price Per Share ($) Date of Purchase/Sale

SCOPIA PX LLC

Purchase of Common Stock 11,029 40.6518 03/09/2016
Purchase of Common Stock 2,841 40.7372 03/09/2016
Purchase of Common Stock 2,799 41.1900 03/09/2016
Purchase of Common Stock 3,487 40.6359 03/10/2016
Purchase of Common Stock 2,883 41.2958 03/11/2016
Purchase of Common Stock 3,799 41.6766 03/14/2016
Purchase of Common Stock 4,199 40.5882 03/15/2016
Purchase of Common Stock 6,322 39.7052 03/16/2016
Purchase of Common Stock 6,998 38.8450 03/17/2016
Purchase of Common Stock 9,293 38.8904 03/17/2016
Purchase of Common Stock 2,799 40.2135 03/18/2016
Purchase of Common Stock 4,325 40.5039 03/21/2016
Purchase of Common Stock 4,199 40.1828 03/22/2016
Purchase of Common Stock 5,598 39.8033 03/23/2016
Purchase of Common Stock 4,198 38.7856 03/24/2016
Purchase of Common Stock 2,799 39.4783 03/28/2016
Purchase of Common Stock 2,799 40.7104 03/29/2016

SCOPIA PARTNERS LLC

Purchase of Common Stock 276 40.6518 03/09/2016
Purchase of Common Stock 71 40.7372 03/09/2016
Purchase of Common Stock 70 41.1900 03/09/2016
Purchase of Common Stock 87 40.6359 03/10/2016
Purchase of Common Stock 72 41.2958 03/11/2016
Purchase of Common Stock 95 41.6766 03/14/2016
Purchase of Common Stock 105 40.5882 03/15/2016
Purchase of Common Stock 158 39.7052 03/16/2016
Purchase of Common Stock 175 38.8450 03/17/2016
Purchase of Common Stock 233 38.8904 03/17/2016
Purchase of Common Stock 70 40.2135 03/18/2016
Purchase of Common Stock 108 40.5039 03/21/2016
Purchase of Common Stock 105 40.1828 03/22/2016
Purchase of Common Stock 140 39.8033 03/23/2016
Purchase of Common Stock 105 38.7856 03/24/2016
Purchase of Common Stock 71 39.4783 03/28/2016
Purchase of Common Stock 70 40.7104 03/29/2016

CUSIP NO. 207410101

SCOPIA HEALTH CARE LLC

Purchase of Common Stock 739 40.6518 03/09/2016
Purchase of Common Stock 190 40.7372 03/09/2016
Purchase of Common Stock 188 41.1900 03/09/2016
Purchase of Common Stock 234 40.6359 03/10/2016
Purchase of Common Stock 193 41.2958 03/11/2016
Purchase of Common Stock 255 41.6766 03/14/2016
Purchase of Common Stock 281 40.5882 03/15/2016
Purchase of Common Stock 424 39.7052 03/16/2016
Purchase of Common Stock 469 38.8450 03/17/2016
Purchase of Common Stock 623 38.8904 03/17/2016
Purchase of Common Stock 188 40.2135 03/18/2016
Purchase of Common Stock 290 40.5039 03/21/2016
Purchase of Common Stock 281 40.1828 03/22/2016
Purchase of Common Stock 375 39.8033 03/23/2016
Purchase of Common Stock 282 38.7856 03/24/2016
Purchase of Common Stock 188 39.4783 03/28/2016
Purchase of Common Stock 187 40.7104 03/29/2016

SCOPIA WINDMILL FUND LP

Purchase of Common Stock 7,112 40.6518 03/09/2016
Purchase of Common Stock 1,832 40.7372 03/09/2016
Purchase of Common Stock 1,805 41.1900 03/09/2016
Purchase of Common Stock 2,249 40.6359 03/10/2016
Purchase of Common Stock 1,859 41.2958 03/11/2016
Purchase of Common Stock 2,450 41.6766 03/14/2016
Purchase of Common Stock 2,708 40.5882 03/15/2016
Purchase of Common Stock 4,077 39.7052 03/16/2016
Purchase of Common Stock 4,512 38.8450 03/17/2016
Purchase of Common Stock 5,993 38.8904 03/17/2016
Purchase of Common Stock 1,805 40.2135 03/18/2016
Purchase of Common Stock 2,789 40.5039 03/21/2016
Purchase of Common Stock 2,708 40.1828 03/22/2016
Purchase of Common Stock 3,610 39.8033 03/23/2016
Purchase of Common Stock 2,707 38.7856 03/24/2016
Purchase of Common Stock 1,805 39.4783 03/28/2016
Purchase of Common Stock 1,805 40.7104 03/29/2016

CUSIP NO. 207410101

SCOPIA INTERNATIONAL MASTER FUND LP

Purchase of Common Stock 1,747 40.6518 03/09/2016
Purchase of Common Stock 450 40.7372 03/09/2016
Purchase of Common Stock 443 41.1900 03/09/2016
Purchase of Common Stock 552 40.6359 03/10/2016
Purchase of Common Stock 457 41.2958 03/11/2016
Purchase of Common Stock 602 41.6766 03/14/2016
Purchase of Common Stock 665 40.5882 03/15/2016
Purchase of Common Stock 1,001 39.7052 03/16/2016
Purchase of Common Stock 1,108 38.8450 03/17/2016
Purchase of Common Stock 1,472 38.8904 03/17/2016
Purchase of Common Stock 443 40.2135 03/18/2016
Purchase of Common Stock 685 40.5039 03/21/2016
Purchase of Common Stock 665 40.1828 03/22/2016
Purchase of Common Stock 887 39.8033 03/23/2016
Purchase of Common Stock 665 38.7856 03/24/2016
Purchase of Common Stock 443 39.4783 03/28/2016
Purchase of Common Stock 443 40.7104 03/29/2016

SCOPIA PX INTERNATIONAL MASTER FUND LP

Purchase of Common Stock 12,611 40.6518 03/09/2016
Purchase of Common Stock 3,248 40.7372 03/09/2016
Purchase of Common Stock 3,201 41.1900 03/09/2016
Purchase of Common Stock 3,987 40.6359 03/10/2016
Purchase of Common Stock 3,298 41.2958 03/11/2016
Purchase of Common Stock 4,345 41.6766 03/14/2016
Purchase of Common Stock 4,801 40.5882 03/15/2016
Purchase of Common Stock 7,229 39.7052 03/16/2016
Purchase of Common Stock 8,003 38.8450 03/17/2016
Purchase of Common Stock 10,626 38.8904 03/17/2016
Purchase of Common Stock 3,201 40.2135 03/18/2016
Purchase of Common Stock 4,946 40.5039 03/21/2016
Purchase of Common Stock 4,800 40.1828 03/22/2016
Purchase of Common Stock 6,402 39.8033 03/23/2016
Purchase of Common Stock 4,802 38.7856 03/24/2016
Purchase of Common Stock 3,199 39.4783 03/28/2016
Purchase of Common Stock 3,203 40.7104 03/29/2016

CUSIP NO. 207410101

SCOPIA HEALTH CARE INTERNATIONAL MASTER FUND LP

Purchase of Common Stock 5,376 40.6518 03/09/2016
Purchase of Common Stock 1,385 40.7372 03/09/2016
Purchase of Common Stock 1,364 41.1900 03/09/2016
Purchase of Common Stock 1,700 40.6359 03/10/2016
Purchase of Common Stock 1,405 41.2958 03/11/2016
Purchase of Common Stock 1,852 41.6766 03/14/2016
Purchase of Common Stock 2,047 40.5882 03/15/2016
Purchase of Common Stock 3,082 39.7052 03/16/2016
Purchase of Common Stock 3,411 38.8450 03/17/2016
Purchase of Common Stock 4,530 38.8904 03/17/2016
Purchase of Common Stock 1,364 40.2135 03/18/2016
Purchase of Common Stock 2,108 40.5039 03/21/2016
Purchase of Common Stock 2,047 40.1828 03/22/2016
Purchase of Common Stock 2,729 39.8033 03/23/2016
Purchase of Common Stock 2,046 38.7856 03/24/2016
Purchase of Common Stock 1,365 39.4783 03/28/2016
Purchase of Common Stock 1,364 40.7104 03/29/2016

SCOPIA CAPITAL MANAGEMENT LP

(Through the Managed Account)

Purchase of Common Stock 510 40.6518 03/09/2016
Purchase of Common Stock 131 40.7372 03/09/2016
Purchase of Common Stock 130 41.1900 03/09/2016
Purchase of Common Stock 161 40.6359 03/10/2016
Purchase of Common Stock 133 41.2958 03/11/2016
Purchase of Common Stock 176 41.6766 03/14/2016
Purchase of Common Stock 194 40.5882 03/15/2016
Purchase of Common Stock 293 39.7052 03/16/2016
Purchase of Common Stock 324 38.8450 03/17/2016
Purchase of Common Stock 430 38.8904 03/17/2016
Purchase of Common Stock 130 40.2135 03/18/2016
Purchase of Common Stock 200 40.5039 03/21/2016
Purchase of Common Stock 195 40.1828 03/22/2016
Purchase of Common Stock 259 39.8033 03/23/2016
Purchase of Common Stock 195 38.7856 03/24/2016
Purchase of Common Stock 130 39.4783 03/28/2016
Purchase of Common Stock 129 40.7104 03/29/2016