|
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
|
OMB APPROVAL
|
OMB Number:3235-0145
Expires: February 28, 2009
Estimated average burden
hours per response… 10.4
|
||
MagnaChip Semiconductor Corporation
|
(Name of Issuer)
|
Common Stock
|
(Title of Class of Securities)
|
55933J203
|
(CUSIP Number)
|
Pleasant Lake Partners LLC
|
110 Greene Street, Suite 604
|
New York, NY 10012
|
Tel. No.: 212-554-0680
|
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
|
June 25, 2015
|
(Date of Event Which Requires Filing of this Statement)
|
1
|
Names of Reporting Persons.
Pleasant Lake Partners LLC
|
|
2
|
Check the Appropriate Box if a Member of a Group (See Instructions)
|
|
(a) [ ]
|
||
(b) [X]
|
||
3
|
SEC Use Only
|
|
4
|
Source of Funds (See Instructions):
AF
|
|
5
|
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e):
[ ]
|
|
6
|
Citizenship or Place of Organization.
Delaware
|
|
Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
|
7 Sole Voting Power
0
|
|
8 Shared Voting Power
2,961,070 shares
|
||
9 Sole Dispositive Power
0
|
||
10 Shared Dispositive Power
2,961,070 shares
|
||
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
2,961,070 shares
|
|
12
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ]
|
|
13
|
Percent of Class Represented by Amount in Row (11)
8.7%
|
|
14
|
Type of Reporting Person (See Instructions)
OO (Limited Liability Company)
|
1
|
Names of Reporting Persons.
PLP MM LLC
|
|
2
|
Check the Appropriate Box if a Member of a Group (See Instructions)
|
|
(a) [ ]
|
||
(b) [X]
|
||
3
|
SEC Use Only
|
|
4
|
Source of Funds (See Instructions):
AF
|
|
5
|
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e):
[ ]
|
|
6
|
Citizenship or Place of Organization.
Delaware
|
|
Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
|
7 Sole Voting Power
0
|
|
8 Shared Voting Power
2,961,070 shares
|
||
9 Sole Dispositive Power
0
|
||
10 Shared Dispositive Power
2,961,070 shares
|
||
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
2,961,070 shares
|
|
12
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ]
|
|
13
|
Percent of Class Represented by Amount in Row (11)
8.7%
|
|
14
|
Type of Reporting Person (See Instructions)
OO (Limited Liability Company)
|
1
|
Names of Reporting Persons.
Pleasant Lake Onshore GP LLC
|
|
2
|
Check the Appropriate Box if a Member of a Group (See Instructions)
|
|
(a) [ ]
|
||
(b) [X]
|
||
3
|
SEC Use Only
|
|
4
|
Source of Funds (See Instructions):
AF
|
|
5
|
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e):
[ ]
|
|
6
|
Citizenship or Place of Organization.
Delaware
|
|
Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
|
7 Sole Voting Power
0
|
|
8 Shared Voting Power
2,961,070 shares
|
||
9 Sole Dispositive Power
0
|
||
10 Shared Dispositive Power
2,961,070 shares
|
||
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
2,961,070 shares
|
|
12
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ]
|
|
13
|
Percent of Class Represented by Amount in Row (11)
8.7%
|
|
14
|
Type of Reporting Person (See Instructions)
OO (Limited Liability Company)
|
1
|
Names of Reporting Persons.
Pleasant Lake Offshore Master Fund L.P.
|
|
2
|
Check the Appropriate Box if a Member of a Group (See Instructions)
|
|
(a) [ ]
|
||
(b) [X]
|
||
3
|
SEC Use Only
|
|
4
|
Source of Funds (See Instructions):
WC
|
|
5
|
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e):
[ ]
|
|
6
|
Citizenship or Place of Organization.
Cayman Islands
|
|
Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
|
7 Sole Voting Power
0
|
|
8 Shared Voting Power
2,961,070 shares
|
||
9 Sole Dispositive Power
0
|
||
10 Shared Dispositive Power
2,961,070 shares
|
||
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
2,961,070 shares
|
|
12
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ]
|
|
13
|
Percent of Class Represented by Amount in Row (11)
8.7%
|
|
14
|
Type of Reporting Person (See Instructions)
PN (Limited Partnership)
|
1
|
Names of Reporting Persons.
Jonathan Lennon
|
|
2
|
Check the Appropriate Box if a Member of a Group (See Instructions)
|
|
(a) [ ]
|
||
(b) [X]
|
||
3
|
SEC Use Only
|
|
4
|
Source of Funds (See Instructions):
AF
|
|
5
|
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e):
[ ]
|
|
6
|
Citizenship or Place of Organization.
United States
|
|
Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
|
7 Sole Voting Power
0
|
|
8 Shared Voting Power
2,961,070 shares
|
||
9 Sole Dispositive Power
0
|
||
10 Shared Dispositive Power
2,961,070 shares
|
||
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
2,961,070 shares
|
|
12
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ]
|
|
13
|
Percent of Class Represented by Amount in Row (11)
8.7%
|
|
14
|
Type of Reporting Person (See Instructions)
IN
|
AMENDMENT NO. 1 TO SCHEDULE 13D
|
Item 5.
|
Interest in Securities of the Issuer
|
Transaction
|
Date
|
No. Shares
|
Security
|
Price
|
Open market purchase
|
6/22/2015
|
116,175
|
Common Stock
|
$7.76
|
Open market purchase
|
6/23/2015
|
63,000
|
Common Stock
|
$7.97
|
Open market purchase
|
6/24/2015
|
108,811
|
Common Stock
|
$7.79
|
Open market purchase
|
6/25/2015
|
32,500
|
Common Stock
|
$7.90
|
Transaction
|
Date
|
No. Underlying Shares
|
Underlying Security
|
Exercise Price
|
Exercise of Option
|
6/19/2015
|
58,500
|
Common Stock
|
$5.00
|
Exercise of Option
|
6/19/2015
|
15,700
|
Common Stock
|
$7.50
|