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CONMED Corp Major Shareholding Notification 2016

Mar 9, 2016

31971_mrq_2016-03-09_31ea39bd-582e-4568-9969-1fe93af6cd93.zip

Major Shareholding Notification

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SC 13D/A 1 sc13da206777016_03092016.htm AMENDMENT NO. 2 TO THE SCHEDULE 13D sc13da206777016_03092016.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. 2) 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 55th Street

New York, New York 10022

(212) 451-2300

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

March 7, 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 542,427
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 542,427
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 542,427
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.0%
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 15,099
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 15,099
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,099
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 41,342
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 41,342
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 41,342
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 382,036
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 382,036
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 382,036
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.4%
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 95,331
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 95,331
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 95,331
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 688,144
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 688,144
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 688,144
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.5%
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 300,900
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 300,900
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 300,900
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.1%
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 2,065,279
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 2,065,279
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,065,279
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.5%
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 2,093,148
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 2,093,148
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,093,148
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.6%
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 2,093,148
8 SHARED VOTING POWER - 0 -
9 SOLE DISPOSITIVE POWER 2,093,148
10 SHARED DISPOSITIVE POWER - 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,093,148
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.6%
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 2,093,148
9 SOLE DISPOSITIVE POWER - 0 -
10 SHARED DISPOSITIVE POWER 2,093,148
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,093,148
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.6%
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 2,093,148
9 SOLE DISPOSITIVE POWER - 0 -
10 SHARED DISPOSITIVE POWER 2,093,148
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,093,148
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.6%
14 TYPE OF REPORTING PERSON IN

13

CUSIP NO. 207410101

The following constitutes Amendment No. 2 to the Schedule 13D filed by the undersigned (“Amendment No. 2”). This Amendment No. 2 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 542,427 Shares beneficially owned by Scopia PX is approximately $20,963,723, excluding brokerage commissions.

The aggregate purchase price of the 15,099 Shares beneficially owned by Scopia Partners is approximately $583,086, excluding brokerage commissions.

The aggregate purchase price of the 41,342 Shares beneficially owned by Scopia Health is approximately $1,596,268, excluding brokerage commissions.

The aggregate purchase price of the 382,036 Shares beneficially owned by Scopia Windmill is approximately $14,755,124, excluding brokerage commissions.

The aggregate purchase price of the 95,331 Shares beneficially owned by Scopia International is approximately $3,681,489, excluding brokerage commissions.

The aggregate purchase price of the 688,144 Shares beneficially owned by Scopia PX International is approximately $26,574,750, excluding brokerage commissions.

The aggregate purchase price of the 300,900 Shares beneficially owned by Scopia Health International is approximately $11,618,096, excluding brokerage commissions.

The aggregate purchase price of the 27,869 Shares held in the Managed Account is approximately $1,076,246, 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 8, 2016, Scopia PX beneficially owned 542,427 Shares.

Percentage: Approximately 2.0%

14

CUSIP NO. 207410101

(b) 1. Sole power to vote or direct vote: 542,427

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 542,427

  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. 1 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 8, 2016, Scopia Partners beneficially owned 15,099 Shares.

Percentage: Less than 1%

(b) 1. Sole power to vote or direct vote: 15,099

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 15,099

  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. 1 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 8, 2016, Scopia Health beneficially owned 41,342 Shares.

Percentage: Less than 1%

(b) 1. Sole power to vote or direct vote: 41,342

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 41,342

  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. 1 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 8, 2016, Scopia Windmill beneficially owned 382,036 Shares.

Percentage: Approximately 1.4%

(b) 1. Sole power to vote or direct vote: 382,036

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 382,036

  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. 1 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

15

CUSIP NO. 207410101

E. Scopia International

(a) As of the close of business on March 8, 2016, Scopia International beneficially owned 95,331 Shares.

Percentage: Less than 1%

(b) 1. Sole power to vote or direct vote: 95,331

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 95,331

  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. 1 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 8, 2016, Scopia PX International beneficially owned 688,144 Shares.

Percentage: Approximately 2.5%

(b) 1. Sole power to vote or direct vote: 688,144

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 688,144

  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. 1 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 8, 2016, Scopia Health International beneficially owned 300,900 Shares.

Percentage: Approximately 1.1%

(b) 1. Sole power to vote or direct vote: 300,900

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 300,900

  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. 1 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

16

CUSIP NO. 207410101

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) 542,427 Shares owned by Scopia PX; (ii) 15,099 Shares owned by Scopia Partners; (iii) 41,342 Shares owned by Scopia Health; (iv) 382,036 Shares owned by Scopia Windmill; (v) 95,331 Shares owned by Scopia International; (vi) 688,144 Shares owned by Scopia PX International; and (vii) 300,900 Shares owned by Scopia Health International.

Percentage: Approximately 7.5%

(b) 1. Sole power to vote or direct vote: 2,065,279

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 2,065,279

  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. 1 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. 1 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 8, 2016, 27,869 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) 542,427 Shares owned by Scopia PX; (ii) 15,099 Shares owned by Scopia Partners; (iii) 41,342 Shares owned by Scopia Health; (iv) 382,036 Shares owned by Scopia Windmill; (v) 95,331 Shares owned by Scopia International; (vi) 688,144 Shares owned by Scopia PX International; (vii) 300,900 Shares owned by Scopia Health International; and (viii) 27,869 Shares held in the Managed Account.

Percentage: Approximately 7.6%

(b) 1. Sole power to vote or direct vote: 2,093,148

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 2,093,148

  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. 1 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

J. Scopia Inc.

(a) Scopia Inc., as the general partner of Scopia Management, may be deemed the beneficial owner of the: (i) 542,427 Shares owned by Scopia PX; (ii) 15,099 Shares owned by Scopia Partners; (iii) 41,342 Shares owned by Scopia Health; (iv) 382,036 Shares owned by Scopia Windmill; (v) 95,331 Shares owned by Scopia International; (vi) 688,144 Shares owned by Scopia PX International; (vii) 300,900 Shares owned by Scopia Health International; and (viii) 27,869 Shares held in the Managed Account.

Percentage: Approximately 7.6%

(b) 1. Sole power to vote or direct vote: 2,093,148

  1. Shared power to vote or direct vote: 0

  2. Sole power to dispose or direct the disposition: 2,093,148

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

17

CUSIP NO. 207410101

(c) Scopia Inc. has not entered into any transactions in the securities of the Issuer since the filing of Amendment No. 1 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. 1 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) 542,427 Shares owned by Scopia PX; (ii) 15,099 Shares owned by Scopia Partners; (iii) 41,342 Shares owned by Scopia Health; (iv) 382,036 Shares owned by Scopia Windmill; (v) 95,331 Shares owned by Scopia International; (vi) 688,144 Shares owned by Scopia PX International; (vii) 300,900 Shares owned by Scopia Health International; and (viii) 27,869 Shares held in the Managed Account.

Percentage: Approximately 7.6%

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

  1. Shared power to vote or direct vote: 2,093,148

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

  3. Shared power to dispose or direct the disposition: 2,093,148

(c) Mr. Sirovich has not entered into any transactions in the securities of the Issuer since the filing of Amendment No. 1 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. 1 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) 542,427 Shares owned by Scopia PX; (ii) 15,099 Shares owned by Scopia Partners; (iii) 41,342 Shares owned by Scopia Health; (iv) 382,036 Shares owned by Scopia Windmill; (v) 95,331 Shares owned by Scopia International; (vi) 688,144 Shares owned by Scopia PX International; (vii) 300,900 Shares owned by Scopia Health International; and (viii) 27,869 Shares held in the Managed Account.

Percentage: Approximately 7.6%

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

  1. Shared power to vote or direct vote: 2,093,148

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

  3. Shared power to dispose or direct the disposition: 2,093,148

(c) Mr. Mindich has not entered into any transactions in the securities of the Issuer since the filing of Amendment No. 1 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. 1 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.

18

CUSIP NO. 207410101

SIGNATURES

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 9, 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

19

CUSIP NO. 207410101

SCHEDULE A

Transactions in the Securities of the Issuer Since the filing of Amendment No. 1 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 3,411 38.2598 02/23/2016
Purchase of Common Stock 8,213 38.8441 02/24/2016
Purchase of Common Stock 6,384 39.1596 02/25/2016
Purchase of Common Stock 2,055 39.3291 02/26/2016
Purchase of Common Stock 20,371 39.5723 02/29/2016
Purchase of Common Stock 5,011 39.4623 03/01/2016
Purchase of Common Stock 2,198 39.9804 03/02/2016
Purchase of Common Stock 8,942 40.0173 03/03/2016
Purchase of Common Stock 10,777 41.1780 03/04/2016
Purchase of Common Stock 5,908 41.1856 03/04/2016
Purchase of Common Stock 5,024 41.4086 03/07/2016
Purchase of Common Stock 11,224 41.4167 03/07/2016
Purchase of Common Stock 9,797 40.5850 03/08/2016
Purchase of Common Stock 4,982 40.7697 03/08/2016
Purchase of Common Stock 3,899 40.7986 03/08/2016

SCOPIA PARTNERS LLC

Purchase of Common Stock 96 38.2598 02/23/2016
Purchase of Common Stock 232 38.8441 02/24/2016
Purchase of Common Stock 180 39.1596 02/25/2016
Purchase of Common Stock 58 39.3291 02/26/2016
Purchase of Common Stock 575 39.5723 02/29/2016
Purchase of Common Stock 125 39.4623 03/01/2016
Purchase of Common Stock 55 39.9804 03/02/2016
Purchase of Common Stock 224 40.0173 03/03/2016
Purchase of Common Stock 270 41.1780 03/04/2016
Purchase of Common Stock 148 41.1856 03/04/2016
Purchase of Common Stock 126 41.4086 03/07/2016
Purchase of Common Stock 281 41.4167 03/07/2016
Purchase of Common Stock 245 40.5850 03/08/2016
Purchase of Common Stock 125 40.7697 03/08/2016
Purchase of Common Stock 98 40.7986 03/08/2016

SCOPIA HEALTH CARE LLC

Purchase of Common Stock 264 38.2598 02/23/2016
Purchase of Common Stock 637 38.8441 02/24/2016
Purchase of Common Stock 495 39.1596 02/25/2016
Purchase of Common Stock 159 39.3291 02/26/2016
Purchase of Common Stock 1,580 39.5723 02/29/2016

CUSIP NO. 207410101

Purchase of Common Stock 336 39.4623 03/01/2016
Purchase of Common Stock 147 39.9804 03/02/2016
Purchase of Common Stock 599 40.0173 03/03/2016
Purchase of Common Stock 722 41.1780 03/04/2016
Purchase of Common Stock 396 41.1856 03/04/2016
Purchase of Common Stock 337 41.4086 03/07/2016
Purchase of Common Stock 752 41.4167 03/07/2016
Purchase of Common Stock 657 40.5850 03/08/2016
Purchase of Common Stock 334 40.7697 03/08/2016
Purchase of Common Stock 261 40.7986 03/08/2016

SCOPIA WINDMILL FUND LP

Purchase of Common Stock 2,432 38.2598 02/23/2016
Purchase of Common Stock 5,856 38.8441 02/24/2016
Purchase of Common Stock 4,551 39.1596 02/25/2016
Purchase of Common Stock 1,465 39.3291 02/26/2016
Purchase of Common Stock 14,524 39.5723 02/29/2016
Purchase of Common Stock 3,231 39.4623 03/01/2016
Purchase of Common Stock 1,417 39.9804 03/02/2016
Purchase of Common Stock 5,766 40.0173 03/03/2016
Purchase of Common Stock 6,949 41.1780 03/04/2016
Purchase of Common Stock 3,810 41.1856 03/04/2016
Purchase of Common Stock 3,240 41.4086 03/07/2016
Purchase of Common Stock 7,238 41.4167 03/07/2016
Purchase of Common Stock 6,318 40.5850 03/08/2016
Purchase of Common Stock 3,213 40.7697 03/08/2016
Purchase of Common Stock 2,514 40.7986 03/08/2016

SCOPIA INTERNATIONAL MASTER FUND LP

Purchase of Common Stock 608 38.2598 02/23/2016
Purchase of Common Stock 1,464 38.8441 02/24/2016
Purchase of Common Stock 1,138 39.1596 02/25/2016
Purchase of Common Stock 366 39.3291 02/26/2016
Purchase of Common Stock 3,632 39.5723 02/29/2016
Purchase of Common Stock 794 39.4623 03/01/2016
Purchase of Common Stock 348 39.9804 03/02/2016
Purchase of Common Stock 1,416 40.0173 03/03/2016
Purchase of Common Stock 1,707 41.1780 03/04/2016
Purchase of Common Stock 936 41.1856 03/04/2016
Purchase of Common Stock 796 41.4086 03/07/2016
Purchase of Common Stock 1,778 41.4167 03/07/2016
Purchase of Common Stock 1,551 40.5850 03/08/2016
Purchase of Common Stock 789 40.7697 03/08/2016
Purchase of Common Stock 617 40.7986 03/08/2016

CUSIP NO. 207410101

SCOPIA PX INTERNATIONAL MASTER FUND LP

Purchase of Common Stock 4,389 38.2598 02/23/2016
Purchase of Common Stock 10,568 38.8441 02/24/2016
Purchase of Common Stock 8,216 39.1596 02/25/2016
Purchase of Common Stock 2,644 39.3291 02/26/2016
Purchase of Common Stock 26,214 39.5723 02/29/2016
Purchase of Common Stock 5,730 39.4623 03/01/2016
Purchase of Common Stock 2,514 39.9804 03/02/2016
Purchase of Common Stock 10,225 40.0173 03/03/2016
Purchase of Common Stock 12,323 41.1780 03/04/2016
Purchase of Common Stock 6,754 41.1856 03/04/2016
Purchase of Common Stock 5,744 41.4086 03/07/2016
Purchase of Common Stock 12,835 41.4167 03/07/2016
Purchase of Common Stock 11,202 40.5850 03/08/2016
Purchase of Common Stock 5,697 40.7697 03/08/2016
Purchase of Common Stock 4,460 40.7986 03/08/2016

SCOPIA HEALTH CARE INTERNATIONAL MASTER FUND LP

Purchase of Common Stock 1,925 38.2598 02/23/2016
Purchase of Common Stock 4,636 38.8441 02/24/2016
Purchase of Common Stock 3,603 39.1596 02/25/2016
Purchase of Common Stock 1,160 39.3291 02/26/2016
Purchase of Common Stock 11,499 39.5723 02/29/2016
Purchase of Common Stock 2,443 39.4623 03/01/2016
Purchase of Common Stock 1,072 39.9804 03/02/2016
Purchase of Common Stock 4,359 40.0173 03/03/2016
Purchase of Common Stock 5,253 41.1780 03/04/2016
Purchase of Common Stock 2,880 41.1856 03/04/2016
Purchase of Common Stock 2,449 41.4086 03/07/2016
Purchase of Common Stock 5,472 41.4167 03/07/2016
Purchase of Common Stock 4,776 40.5850 03/08/2016
Purchase of Common Stock 2,429 40.7697 03/08/2016
Purchase of Common Stock 1,901 40.7986 03/08/2016

SCOPIA CAPITAL MANAGEMENT LP

(Through the Managed Account)

Purchase of Common Stock 178 38.2598 02/23/2016
Purchase of Common Stock 428 38.8441 02/24/2016
Purchase of Common Stock 333 39.1596 02/25/2016
Purchase of Common Stock 107 39.3291 02/26/2016
Purchase of Common Stock 1,062 39.5723 02/29/2016
Purchase of Common Stock 232 39.4623 03/01/2016
Purchase of Common Stock 102 39.9804 03/02/2016
Purchase of Common Stock 414 40.0173 03/03/2016
Purchase of Common Stock 499 41.1780 03/04/2016
Purchase of Common Stock 273 41.1856 03/04/2016
Purchase of Common Stock 233 41.4086 03/07/2016
Purchase of Common Stock 520 41.4167 03/07/2016
Purchase of Common Stock 454 40.5850 03/08/2016
Purchase of Common Stock 231 40.7697 03/08/2016
Purchase of Common Stock 180 40.7986 03/08/2016