SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

 

 

RealPage, Inc.

(Name of Issuer)

Common Stock, $0.001 par value

(Title of Class of Securities)

75606N109

(CUSIP Number)

February 26, 2016

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

 

* 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 the disclosures provided in a prior cover page.

The information required in 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).

 

 

 


13G

 

CUSIP No. 75606N109   Page 2 of 12 pages

 

  1.   

NAMES OF REPORTING PERSONS.

 

JHL Capital Group LLC

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a)  ¨        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Delaware, United States

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

SOLE VOTING POWER:

 

    0

   6.   

SHARED VOTING POWER:

 

    7,700,000

   7.   

SOLE DISPOSITIVE POWER:

 

    0

   8.   

SHARED DISPOSITIVE POWER:

 

    7,700,000

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    7,700,000

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)    ¨

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    9.82%1

12.  

TYPE OF REPORTING PERSON (See Instructions)

 

    IA

 

1 Based on 78,388,329 shares of Common Stock outstanding as of October 23, 2015, as reported by RealPage, Inc. in its Quarterly Report for the quarterly period ended September 30, 2015, filed with the Securities and Exchange Commission on form 10-Q on November 5, 2015.


13G

 

CUSIP No. 75606N109   Page 3 of 12 pages

 

  1.   

NAMES OF REPORTING PERSONS.

 

JHL Capital Group Master Fund L.P.

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a)  ¨        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

SOLE VOTING POWER:

 

    0

   6.   

SHARED VOTING POWER:

 

    7,700,000

   7.   

SOLE DISPOSITIVE POWER:

 

    0

   8.   

SHARED DISPOSITIVE POWER:

 

    7,700,000

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    7,700,000

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)    ¨

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    9.82%2

12.  

TYPE OF REPORTING PERSON (See Instructions)

 

    PN

 

2 Based on 78,388,329 shares of Common Stock outstanding as of October 23, 2015, as reported by RealPage, Inc. in its Quarterly Report for the quarterly period ended September 30, 2015, filed with the Securities and Exchange Commission on form 10-Q on November 5, 2015.


13G

 

CUSIP No. 75606N109   Page 4 of 12 pages

 

  1.   

NAMES OF REPORTING PERSONS.

 

JHL Capital Group Master Fund GP Ltd.

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a)  ¨        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

SOLE VOTING POWER:

 

    0

   6.   

SHARED VOTING POWER:

 

    0

   7.   

SOLE DISPOSITIVE POWER:

 

    0

   8.   

SHARED DISPOSITIVE POWER:

 

    0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    0

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)    x

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    0%

12.  

TYPE OF REPORTING PERSON (See Instructions)

 

    CO


13G

 

CUSIP No. 75606N109   Page 5 of 12 pages

 

  1.   

NAMES OF REPORTING PERSONS.

 

JHL Capital Group L.P.

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a)  ¨        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Delaware, United States

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

SOLE VOTING POWER:

 

    0

   6.   

SHARED VOTING POWER:

 

    0

   7.   

SOLE DISPOSITIVE POWER:

 

    0

   8.   

SHARED DISPOSITIVE POWER:

 

    0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    0

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)    x

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    0%

12.  

TYPE OF REPORTING PERSON (See Instructions)

 

    PN


13G

 

CUSIP No. 75606N109   Page 6 of 12 pages

 

  1.   

NAMES OF REPORTING PERSONS.

 

James H. Litinsky

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a)  ¨        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

     United States

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

SOLE VOTING POWER:

 

    0

   6.   

SHARED VOTING POWER:

 

    0

   7.   

SOLE DISPOSITIVE POWER:

 

    0

   8.   

SHARED DISPOSITIVE POWER:

 

    0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    0

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)    x

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    0%

12.  

TYPE OF REPORTING PERSON (See Instructions)

 

    IN


13G

 

CUSIP No. 75606N109   Page 7 of 12 pages

 

Item 1(a). Name of Issuer:

RealPage, Inc.

 

Item 1(b). Address of Issuer’s Principal Executive Offices:

4000 International Parkway

Carrollton, Texas 75007-1951

United States

 

Item 2(a). Names of Persons Filing:

The reporting persons are:

(i) JHL Capital Group LLC (“JHL Capital Group”);

(ii) JHL Capital Group Master Fund L.P. (“Master Fund”);

(iii) JHL Capital Group Master Fund GP Ltd. (“Master Fund GP”);

(iv) JHL Capital Group L.P.; and

(v) James H. Litinsky (“Mr. Litinsky”).

 

Item 2(b). Address of Principal Business Office or, if none, Residence:

The address for JHL Capital Group, JHL Capital Group L.P. and Mr. Litinsky is 900 N. Michigan Avenue, Suite 1700, Chicago, IL 60611. The address for the Master Fund and the Master Fund GP is P.O. Box 309, Ugland House, Grand Cayman KY1-1104, Cayman Islands.

 

Item 2(c). Citizenship:

JHL Capital Group is a limited liability company formed under the laws of the State of Delaware. Master Fund is a limited partnership formed under the laws of the Cayman Islands. Master Fund GP is an exempted company formed under the laws of the Cayman Islands. JHL Capital Group L.P. is a limited partnership formed under the laws of the State of Delaware. Mr. Litinsky is a citizen of the United States.

 

Item 2(d). Title of Class of Securities:

Common Stock, $0.001 par value (the “Common Stock”).


13G

 

CUSIP No. 75606N109   Page 8 of 12 pages

 

Item 2(e). CUSIP Number:

75606N109

 

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

  (a)    ¨      Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
  (b)    ¨      Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
  (c)    ¨      Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
  (d)    ¨      Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
  (e)    ¨      An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
  (f)    ¨      An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
  (g)    ¨      A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
  (h)    ¨      A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
  (i)    ¨      A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
  (j)    ¨      A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);
  (k)    ¨      Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

Item 4. Ownership:

 

  (a) Amount Beneficially Owned:

The Master Fund beneficially owns 7,700,000 shares of the Common Stock of RealPage, Inc.

The Master Fund GP is General Partner of the Master Fund. Accordingly, the Master Fund GP may be deemed to beneficially own


13G

 

CUSIP No. 75606N109   Page 9 of 12 pages

 

the same number of shares of Common Stock reported herein by the Master Fund. JHL Capital Group is the investment manager for the Master Fund and has been granted investment discretion over the portfolio investments of the Master Fund, including the Common Stock held by it. JHL Capital Group is also the 100% owner of the Master Fund GP. Accordingly, JHL Capital Group may be deemed to be the beneficial owner of the shares of Common Stock reported herein by the Master Fund. JHL Capital Group L.P. is the 100% owner of JHL Capital Group. Mr. Litinsky holds a controlling interest in JHL Capital Group L.P. and serves as the Chief Executive Officer of JHL Capital Group, as well as Director of the Master Fund GP. Accordingly, JHL Capital Group L.P. and Mr. Litinsky may be deemed to beneficially own the same number of shares of Common Stock reported herein by the Master Fund.

Notwithstanding the foregoing, the Master Fund GP, JHL Capital Group L.P. and Mr. Litinsky disclaim beneficial ownership of any securities covered by this Schedule 13G.

 

  (b) Percent of Class: See Item 11 of the Cover Pages to this Schedule 13G.

 

  (c) Number of shares as to which the person has:

 

  (i) Sole power to vote or to direct the vote: 0

 

  (ii) Shared power to vote or to direct the vote: See Item 4(a) above

 

  (iii) Sole power to dispose or to direct the disposition of: 0

 

  (iv) Shared power to dispose or to direct the disposition of: See Item 4(a) above

 

Item 5. Ownership of Five Percent or Less of a Class:

Not applicable.

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person:

Not applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company:

Not applicable.


13G

 

CUSIP No. 75606N109   Page 10 of 12 pages

 

Item 8. Identification and Classification of Members of the Group:

Not applicable.

 

Item 9. Notice of Dissolution of Group:

Not applicable.

 

Item 10. Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


13G

 

CUSIP No. 75606N109   Page 11 of 12 pages

 

SIGNATURES

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 26, 2016

 

JHL CAPITAL GROUP LLC, a Delaware limited liability company
By:  

/s/ James H. Litinsky

  Name:   James H. Litinsky
  Title:   Chief Executive Officer
JHL CAPITAL GROUP MASTER FUND L.P., a Cayman Islands limited partnership
  By: JHL CAPITAL GROUP MASTER FUND GP LTD., a Cayman Islands exempted company, its General Partner
  By:  

/s/ James H. Litinsky

    Name:   James H. Litinsky
   

Title:

  Director
JHL CAPITAL GROUP MASTER FUND GP LTD., a Cayman Islands exempted company
By:  

/s/ James H. Litinsky

  Name:   James H. Litinsky
  Title:   Director
JHL CAPITAL GROUP L.P., a Delaware limited partnership
  By: JHL CAPITAL GROUP GP LLC, a Delaware limited liability company, its General Partner
  By:  

/s/ James H. Litinsky

    Name:   James H. Litinsky
    Title:   Authorized Signatory

/s/ James H. Litinsky

James H. Litinsky


13G

 

CUSIP No. 75606N109   Page 12 of 12 pages

 

EXHIBIT A

JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13G filed herewith signed by each of the undersigned shall be filed on behalf of each of the undersigned pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the 26th day of February 2016.

Dated: February 26, 2016

 

JHL CAPITAL GROUP LLC, a Delaware limited liability company
By:  

/s/ James H. Litinsky

  Name:   James H. Litinsky
  Title:   Chief Executive Officer
JHL CAPITAL GROUP MASTER FUND L.P., a Cayman Islands limited partnership
  By: JHL CAPITAL GROUP MASTER FUND GP LTD., a Cayman Islands exempted company, its General Partner
  By:  

/s/ James H. Litinsky

    Name:   James H. Litinsky
   

Title:

  Director
JHL CAPITAL GROUP MASTER FUND GP LTD., a Cayman Islands exempted company
By:  

/s/ James H. Litinsky

  Name:   James H. Litinsky
  Title:   Director
JHL CAPITAL GROUP L.P., a Delaware limited partnership
  By: JHL CAPITAL GROUP GP LLC, a Delaware limited liability company, its General Partner
  By:  

/s/ James H. Litinsky

    Name:   James H. Litinsky
    Title:   Authorized Signatory

/s/ James H. Litinsky

James H. Litinsky