SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)

 

 

MGP INGREDIENTS, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

55303J106

(CUSIP Number)

December 31, 2022

(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)

☐ 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).

 

 

 


SCHEDULE 13G

CUSIP NO. 55303J106

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Stephens Investment Management Group, LLC

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Arkansas

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With:

   5.     

  SOLE VOTING POWER

 

  753,995

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  793,947

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  793,947

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  3.6%

12.  

  TYPE OF REPORTING PERSON

 

  IA


SCHEDULE 13G

CUSIP NO. 55303J106

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Stephens Investments Holdings LLC

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Arkansas

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With:

   5.     

  SOLE VOTING POWER

 

  753,995

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  793,947

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  793,947

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  3.6%

12.  

  TYPE OF REPORTING PERSON

 

  HC


SCHEDULE 13G

CUSIP NO. 55303J106

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Warren A. Stephens Trust UID 9/30/87

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Arkansas

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With:

   5.     

  SOLE VOTING POWER

 

  753,995

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  793,947

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  793,947

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  3.6%

12.  

  TYPE OF REPORTING PERSON

 

  HC


SCHEDULE 13G

CUSIP NO. 55303J106

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Warren A. Stephens

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States of America

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With:

   5.     

  SOLE VOTING POWER

 

  753,995

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  793,947

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  793,947

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  3.6%

12.  

  TYPE OF REPORTING PERSON

 

  HC


CUSIP NO. 55303J106

 

Item 1.

 

  (a)

Name of Issuer:

MGP Ingredients, Inc..

 

  (b)

Address of Issuer’s Principal Executive Offices:

1300 Main Street, Atchison KS 66002

 

Item 2.

 

  (a)

Name of Person Filing:

  (1)

Stephens Investment Management Group, LLC

  (2)

Stephens Investments Holdings LLC

  (3)

Warren A. Stephens Trust UID 9/30/87

  (4)

Warren A. Stephens

 

  (b)

Address of Principal Business Office or, if none, Residence

  (1)

through (4)

  111

Center Street, Little Rock, Arkansas 72201

 

  (c)

Citizenship:

  (1)

and (2) Arkansas limited liability company

  (3)

Arkansas trust

  (4)

United States of America

 

  (d)

Title of Class of Securities: Common Stock

 

  (e)

CUSIP Number: 55303J106

 

Item 3.

Stephens Investment Management Group, LLC is an investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E). Stephens Investments Holdings LLC, Warren A. Stephens Trust UID 9/30/87 and Warren A. Stephens are a parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).

 

Item 4.

Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

  See Items 5 – 11 on cover pages 2, 3, 4, and 5 of this schedule.

 

Item 5.

Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following  .

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

N/A


Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

The number of shares reported herein as beneficially owned by Stephens Investments Holdings LLC (“SIH”), Warren A. Stephens Trust UID 9/30/87, and Warren A. Stephens is comprised of the shares beneficially owned by Stephens Investment Management Group, LLC, a subsidiary of SIH and an investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).

 

Item 8.

Identification and Classification of Members of the Group

N/A

 

Item 9.

Notice of Dissolution of Group

N/A

Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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, other than activities solely in connection with a nomination under § 240.14a-11.


SIGNATURE

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.

 

February 14, 2023
Date
Stephens Investment Management Group, LLC
By:   /s/ Todd Ferguson
  Todd Ferguson
  General Counsel
Stephens Investments Holdings LLC
By:   /s/ Warren A. Stephens
  Warren A. Stephens
  President
Warren A. Stephens Trust UID 9/30/87
By:   /s/ Warren A. Stephens
  Warren A. Stephens
  Trustee
/s/ Warren A. Stephens
Warren A. Stephens


JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the undersigned agree to the joint filing with each other on behalf of each of them of such a statement on Schedule 13G with respect to the shares of Common Stock beneficially owned by each of them of MGP Ingredients, Inc.

IN WITNESS WHEREOF, the undersigned have executed this Joint Filing Agreement as of the 14th day of February, 2023.

 

Stephens Investment Management Group, LLC
By:   /s/ Todd Ferguson
  Todd Ferguson
  General Counsel
Stephens Investments Holdings LLC
By:   /s/ Warren A. Stephens
  Warren A. Stephens
  President
Warren A. Stephens Trust UID 9/30/87
By:   /s/ Warren A. Stephens
  Warren A. Stephens
  Trustee
/s/ Warren A. Stephens
Warren A. Stephens