☐ |
Rule 13d-1(b)
|
☒ |
Rule 13d-1(c)
|
☐ |
Rule 13d-1(d)
|
CUSIP
|
13G
|
Page 2 of 8 Pages
|
No. 09062W204 | ||
1
|
NAME OF REPORTING PERSON:
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||
Sandler Capital Management
|
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|||
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||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
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||||
(a)☐
|
|||||
(b)☐
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|
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|||
3
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SEC USE ONLY
|
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||
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|||
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||||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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||
New York
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|
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|||
|
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||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
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0
|
|
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|||
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||||
6
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SHARED VOTING POWER
|
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769,040
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|||
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||||
7
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SOLE DISPOSITIVE POWER
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0
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|||
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||||
8
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SHARED DISPOSITIVE POWER
|
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||
769,040
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|
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|||
|
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||||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
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||
769,040
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|||
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||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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||
☐
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|||
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||||
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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5.1%
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12
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TYPE OF REPORTING PERSON*
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||
IA
|
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|||
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CUSIP
|
13G
|
Page 3 of 8 Pages
|
No. 09062W204 | ||
1
|
NAME OF REPORTING PERSON:
|
|
|
||
Andrew Sandler
|
|
|
|||
|
|
||||
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
|
|
|
|||
|
|
||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
|
|
0
|
|
|
|||
|
|
||||
6
|
SHARED VOTING POWER
|
|
|
||
769,040
|
|
|
|||
|
|
||||
7
|
SOLE DISPOSITIVE POWER
|
|
|
||
0
|
|
|
|||
|
|
||||
8
|
SHARED DISPOSITIVE POWER
|
|
|
||
769,040
|
|
|
|||
|
|
||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
769,040
|
|
|
|||
|
|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|
|
|
||
☐
|
|
|
|||
|
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
5.1%
|
|
|
|||
|
|
||||
12
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TYPE OF REPORTING PERSON*
|
|
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||
IN
|
|
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|||
|
|
CUSIP
|
13G
|
Page 4 of 8 Pages
|
No. 09062W204 | ||
1
|
NAME OF REPORTING PERSON:
|
|
|
||
Sandler Master Fund, Ltd.
|
|
|
|||
|
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
||||
(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
|
|
|
|
59,484
|
|
|
|||
|
|
||||
6
|
SHARED VOTING POWER
|
|
|
||
0
|
|
|
|||
|
|
||||
7
|
SOLE DISPOSITIVE POWER
|
|
|
||
59,484
|
|
|
|||
|
|
||||
8
|
SHARED DISPOSITIVE POWER
|
|
|
||
0
|
|
|
|||
|
|
||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
59,484
|
|
|
|||
|
|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|
|
|
||
☐
|
|
|
|||
|
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
0.4%
|
|
|
|||
|
|
||||
12
|
TYPE OF REPORTING PERSON*
|
|
|
||
CO
|
|
|
|||
|
|
CUSIP
|
13G
|
Page 5 of 8 Pages
|
No. 09062W204 | ||
1
|
NAME OF REPORTING PERSON:
|
|
|
||
Sandler Plus Master Fund, Ltd.
|
|
|
|||
|
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
||||
(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
|
|
|
|
522,736
|
|
|
|||
|
|
||||
6
|
SHARED VOTING POWER
|
|
|
||
0
|
|
|
|||
|
|
||||
7
|
SOLE DISPOSITIVE POWER
|
|
|
||
522,736
|
|
|
|||
|
|
||||
8
|
SHARED DISPOSITIVE POWER
|
|
|
||
0
|
|
|
|||
|
|
||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
522,736
|
|
|
|||
|
|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|
|
|
||
☐
|
|
|
|||
|
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
3.5%
|
|
|
|||
|
|
||||
12
|
TYPE OF REPORTING PERSON*
|
|
|
||
CO
|
|
|
|||
|
|
CUSIP
No. 09062W204 |
13G
|
Page 6 of 8 Pages
|
ITEM 1(a). |
NAME OF ISSUER:
|
ITEM 1(b). |
ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
|
ITEM 2(a). |
NAME OF PERSON FILING:
|
(i) |
Sandler Capital Management
|
(ii) |
Andrew Sandler
|
(iii) |
Sandler Plus Master Fund, Ltd.
|
(iv) |
Sandler Master Fund, Ltd.
|
ITEM 2(b). |
ADDRESS OF PRINCIPAL BUSINESS OFFICE:
|
ITEM 2(c). |
CITIZENSHIP:
|
(i)
|
Sandler Capital Management
|
a New York general partnership
|
(ii)
|
Andrew Sandler
|
a United States citizen resident in New York
|
(iii)
|
Sandler Master Fund, Ltd.
|
a Cayman Islands exempted company
|
(iv)
|
Sandler Plus Master Fund, Ltd.
|
a Cayman Islands exempted company
|
ITEM 2(d). |
TITLE OF CLASS OF SECURITIES:
|
ITEM 2(e). |
CUSIP Number:
|
CUSIP
No. 09062W204 |
13G
|
Page 7 of 8 Pages
|
ITEM 3. |
IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), or 13d-2(b) or (c) CHECK WHETHER THE PERSON FILING IS: One of the following
|
ITEM 4. |
OWNERSHIP:
|
1.
|
Sandler Capital Management:
|
2.
|
Andrew Sandler:
|
3.
|
Sandler Master Fund, Ltd.
|
4.
|
Sandler Plus Master Fund, Ltd.
|
(1)
|
Includes 186,820 shares of Common Stock beneficially owned by separately managed accounts.
|
ITEM 5. |
OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
|
ITEM 6. |
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
|
ITEM 7. |
IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
|
ITEM 8. |
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP:
|
ITEM 9. |
NOTICE OF DISSOLUTION OF GROUP:
|
CUSIP
No. 09062W204 |
13G
|
Page 8 of 8 Pages
|
ITEM 10. |
CERTIFICATION
|
Dated: July 20, 2018
|
SANDLER CAPITAL MANAGEMENT
|
|
By: ALCR Corp., a general partner
|
||
By: /s/ Moira Mitchell
|
||
Name: Moira Mitchell
|
||
Title: President
|
||
Dated: July 20, 2018
|
By: /s/ Andrew Sandler
|
|
Name: Andrew Sandler
|
||
Dated: July 20, 2018
|
SANDLER MASTER FUND LTD.
|
|
By: /s/ Steven Warshavsky
|
||
Name: Steven Warshavsky
|
||
Title: Director
|
||
Dated: July 20, 2018
|
SANDLER PLUS MASTER FUND LTD.
|
|
By: /s/ Steven Warshavsky
|
||
Name: Steven Warshavsky
|
||
Title: Director
|
Dated: July 20, 2018
|
SANDLER CAPITAL MANAGEMENT
|
|
By: ALCR Corp., a general partner
|
||
By: /s/ Moira Mitchell
|
||
Name: Moira Mitchell
|
||
Title: President
|
||
Dated: July 20, 2018
|
By: /s/ Andrew Sandler
|
|
Name: Andrew Sandler
|
||
Dated: July 20, 2018
|
SANDLER MASTER FUND LTD.
|
|
By: /s/ Steven Warshavsky
|
||
Name: Steven Warshavsky
|
||
Title: Director
|
||
Dated: July 20, 2018
|
SANDLER PLUS MASTER FUND LTD.
|
|
By: /s/ Steven Warshavsky
|
||
Name: Steven Warshavsky
|
||
Title: Director
|