SC 13G: Travel & Leisure Co.

AI Summary

SC 13G filing by Travel & Leisure Co..

Risk Assessment

Risk Level: low

Filing Documents

• tlc-sc13g_123123.htm (SC 13G) — 69KB
• 0001999371-24-002128.txt ( ) — 70KB

From the Filing

SC 13G 1 tlc-sc13g_123123.htm FORM SC 13G UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* Travel + Leisure Co. (Name of Issuer) Common Stock (Title of Class of Securities) 894164102 (CUSIP Number) December 31, 2023 (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 disclosures provided in a prior cover page. The information required on 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 CUSIP No. 894164102 13G Page 2 of 6 1. NAMES OF REPORTING PERSONS GMT Capital Corp. 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 Georgia, United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 4,144,841 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 4,144,841 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,144,841 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.7% 1 12. TYPE OF REPORTING PERSON (see instructions) IA 1 Calculated based on 72,420,073 shares of common stock of the Issuer (the “Common Stock”) outstanding as of September 30, 2023, as reported on the Issuer’s Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on October 25, 2023. CUSIP No. 894164102 13G Page 3 of 6 1. NAMES OF REPORTING PERSONS Thomas E. Claugus 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 4,144,841 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 4,144,841 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,144,841 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.7% 1 12. TYPE OF REPORTING PERSON (see instructions) HC 1 Calculated based on 72,420,073 shares of common stock of the Issuer (the “Common Stock”) outstanding as of September 30, 2023, as reported on the Issuer’s Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on October 25, 2023. CUSIP No. 894164102 13G Page 4 of 6 Item 1. (a) Name of Issuer The name of the issuer is Travel + Leisure Co. (herein referred to as “Issuer”). (b) Address of Issuer’s Principal Executive Offices The principal executive offices of the Issuer are located at 6277 Sea Harbor Drive Orlando, Florida 32821. Item 2. (a) Name of Persons Filing This i) GMT Capital Corp. (“GMT Capital”) with respect to shares of Common Stock directly owned by each of Bay Resource Partners, L.P. (“Bay”), Bay II Resource Partners, L.P. (“Bay II”), Bay Resource Partners Offshore Master Fund, L.P. (“Bay Offshore”) and certain sub-advisory and separate account clients advised by GMT Capital (together with Bay, Bay II and Bay Offshore, collectively, the “Managed Funds and Accounts”). ii) Thomas E. Claugus, the control person of GMT Capital, with respect to the shares of Common Stock directly owned by the Managed Funds and Accounts. (b) Address of the Principal Office or, if none, residence The address of the business office of each of the Reporting Persons is 2300 Windy Ridge Parkway, Ste. 550 South Atlanta, GA 30339. (c) Citizenship GMT Capital is a Georgia corporation. Mr. Claugus is a citizen of the United States. (d) Title of Class of Securities (“Common Stock”) (e) CUSIP Number 894164102 CUSIP No: 894164102 13G Page 5 of 6 Item 3. Filing pursuant to §240.13d-1(c) If this statement is filed pursuant to Sec. 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.D. 78o): (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as de fined in section 3(a)(19) of t

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