UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13G

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

Chicago Bridge & Iron Co. NV

(Name of Issuer)

 

Common 

(Title of Class of Securities)

 

167250109

(CUSIP Number)

  

December 31, 2015

(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). 

 

 

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

Under the Securities Exchange act of 1934

 

NAME OF ISSUER: Chicago Bridge & Iron Co. NV

TITLE OF CLASS OF SECURITIES: Common Stock

CUSIP NUMBER: 167250109

 

1. NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

SouthernSun Asset Management LLC

27-2990431

 

2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *

 

(a) ☐

(b) ☐

 

3. SEC USE ONLY

  

 

4. CITIZENSHIP OR PLACE OF ORGANIZATION

 

TN, U.S.A.

 

5. SOLE VOTING POWER

 

5,243,149

 

6. SHARED VOTING POWER

 

N/A 

  

7. SOLE DISPOSITIVE POWER

 

5,884,164

 

8. SHARED DISPOSITIVE POWER

 

N/A

 

9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

5,884,164

 

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

 

N/A

 

11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

5.64%

 

12. TYPE OF REPORTING PERSON*

 

IA

 

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Item 1. 

   
  a. Name of Issuer
     
    Chicago Bridge & Iron Co. NV
     
  b. Address of Issuer's Principal Executive Offices:
     
   

Oostduinlaan 75

2596 JJ

Hague

Netherlands

     
Item 2.    
  a. Name of Person Filing
     
    SouthernSun Asset Management LLC
     
  b.  Address of Principal Business Office
     
    6070 Poplar Avenue, Suite 300
    Memphis, TN 38119
     
  c.  Citizenship
     
    TN, U.S. A.
     
  d.  Title of Class of Securities
     
    Common Stock
     
  e. 

CUSIP Number: 167250109

         

Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a:

 

  (e) ☒ Investment Adviser registered under section 203 of the Investment Advisers Act of 1940

 

Item 4. Ownership:

 

  a. Amount Beneficially Owned 5,884,164

 

  b. Percent of Class 5.64%

 

  c. Number of shares as to which such person has:

 

  i. sole power to vote or to direct the vote
   

 

5,243,149

     
  ii. shared power to vote or to direct the vote
     
    N/A

  

  iii. sole power to dispose or to direct the disposition of
   

 

5,884,164

     
  iv. shared power to dispose or to direct the disposition of
     
    N/A

 

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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 five percent of the class of securities, check the following:
   
Item 6.  Ownership of More than Five Percent on Behalf of Another Person.
   
  If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
   
  N/A
   
Item 7. Identification 2nd Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
   
  If a parent holding company has filed this schedule, pursuant to Rule 13d- l(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-l(c), attach an exhibit stating the identification of the relevant subsidiary. - N/A
   
Item 8. Identification 2nd Classification of Members of the Group
   
  If a group has filed this schedule pursuant to Rule 13d-l(b)(ii)(H), so indicate under Item 3(h) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule I 3d- 1(c), attach an exhibit stating the identity of each member of the group. - N/A
   
Item 9. Notice of Dissolution of Group
   
  Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity See Item 5.- N/A
   
Item 10. Certification
   
  The following certification shall be included if the statement is filed pursuant to Rule 13d-l(b):
   
  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect.

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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.

 

Date: February 12, 2016

 

  /s/ Asher K. Ailey
  Asher K. Ailey
  Chief Compliance Officer

 

 

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