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    SEC Form SC 13D/A filed by Welbilt, Inc. (Amendment)

    4/21/21 4:30:15 PM ET
    $WBT
    Diversified Manufacture
    Industrials
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    SC 13D/A 1 wbtsc13da04212021.htm
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    SCHEDULE 13D

    Under the Securities Exchange Act of 1934
    (Amendment No. 2)*

    Welbilt, Inc.
    (Name of Issuer)

    Common Stock, $0.01 par value
    (Title of Class of Securities)

    949090 104
    (CUSIP Number)

    Jesse Lynn
    General Counsel
    Icahn Capital LP
    16690 Collins Avenue
    Sunny Isles Beach, FL 33160
    (305) 422-4200


    (Name, Address and Telephone Number of Person Authorized to
    Receive Notices and Communications)

    April 20, 2021
    (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 Section 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).


    SCHEDULE 13D

    Item 1. Security and Issuer

    This statement constitutes Amendment No. 2 to the Schedule 13D relating to the shares of Common Stock, $0.01 par value (the “Shares”), issued by Welbilt, Inc. (the “Issuer”), and herby amends the Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) on March 11, 2016 (as amended, the Schedule 13D), to furnish the additional information set forth herein.  All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D.



    Item 4. Purpose of Transaction

    Item 4 of the Schedule 13D is hereby amended to add the following:

    On April 20, 2021, the Reporting Persons entered into a Voting and Support Agreement, with The Middleby Corporation (the “Voting Agreement”), relating to the Shares. A copy of the Voting Agreement is filed herewith as an exhibit and incorporated herein by reference.

    Item 6. Contracts, Arrangements, Understandings or Relationship with Respect to Securities of the Issuer

    Item 6 of the Schedule 13D is hereby amended by adding the following:

    The disclosure set forth above in Item 4 is incorporated herein by reference.

    Item 7. Material to be Filed as Exhibits

    1. Voting and Support Agreement among the Reporting Persons and The Middleby Corporation (incorporated by reference to Exhibit 10.1 to the Form 8−K filed by The Middleby Corporation, with the Securities and Exchange Commission, on April 21, 2021).


     






    SIGNATURE

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

    Dated: April 21, 2021


    ICAHN PARTNERS MASTER FUND LP
    ICAHN OFFSHORE LP
    ICAHN PARTNERS LP
    ICAHN ONSHORE LP
    BECKTON CORP.


    By: /s/ Keith Cozza
    Name: Keith Cozza
    Title: Authorized Signatory


    ICAHN CAPITAL LP
    By: IPH GP LLC, its general partner
    By: Icahn Enterprises Holdings L.P., its sole member
    By: Icahn Enterprises G.P. Inc., its general partner
    IPH GP LLC
    By: Icahn Enterprises Holdings L.P., its sole member
    By: Icahn Enterprises G.P. Inc., its general partner
    ICAHN ENTERPRISES HOLDINGS L.P.
    By: Icahn Enterprises G.P. Inc., its general partner
    ICAHN ENTERPRISES G.P. INC.

    By: /s/ SungHwan Cho
    Name: SungHwan Cho
    Title: Chief Financial Officer


    /s/ Carl C. Icahn 
    CARL C. ICAHN



    [Signature Page of Schedule 13D/A No. 2 – Welbilt, Inc.]

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