CUSIP No: 22410J106

 

  SECURITIES AND EXCHANGE COMMISSION  
  Washington, D.C. 20549  

 

 

 

SCHEDULE 13G

 

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT 

TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED 

PURSUANT TO § 240.13d-2.

 

(Amendment No. 1)*

 

Cracker Barrel Old Country Store, Inc.
(Name of Issuer)

 

Common Stock, $0.01 par value per share 

(Title of Class of Securities)

 

22410J106 

(CUSIP Number)

 

December 31, 2021 

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

x 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 purposes 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).

 

 

 

 

 

 

CUSIP No: 22410J106

 

(1) Names of Reporting Persons
Darby Financial Products
 
 
(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
Delaware
 
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
(5) Sole Voting Power
30,181 (1)
 
(6) Shared Voting Power
851,607 (1)
 
(7) Sole Dispositive Power
30,181 (1)
 
(8) Shared Dispositive Power
851,607 (1)
 
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
851,607 (1)
 
 
(10) Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨  
 
(11) Percent of Class Represented by Amount in Row (9)
3.6%
 
 
(12) Type of Reporting Person (See Instructions)
PN
 
           

 

 

(1) G1 Execution Services, LLC, Susquehanna Investment Group and Susquehanna Securities, LLC are affiliated independent broker-dealers which, together with Darby Financial Products and Susquehanna Fundamental Investments, LLC, may be deemed a group.  For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons.  Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.

 

 

 

 

CUSIP No: 22410J106

 

(1) Names of Reporting Persons
G1 Execution Services, LLC
 
 
(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
Illinois
 
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
(5) Sole Voting Power
88 (1)
 
(6) Shared Voting Power
851,607 (1)
 
(7) Sole Dispositive Power
88 (1)
 
(8) Shared Dispositive Power
851,607 (1)
 
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
851,607 (1)
 
 
(10) Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨  
 
(11) Percent of Class Represented by Amount in Row (9)
3.6%
 
 
(12) Type of Reporting Person (See Instructions)
BD, OO
 
           

 

 

(1) G1 Execution Services, LLC, Susquehanna Investment Group and Susquehanna Securities, LLC are affiliated independent broker-dealers which, together with Darby Financial Products and Susquehanna Fundamental Investments, LLC, may be deemed a group.  For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons.  Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.

 

 

 

 

CUSIP No: 22410J106

 

(1) Names of Reporting Persons
Susquehanna Fundamental Investments, LLC
 
 
(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

Delaware

 
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
(5) Sole Voting Power
7,320 (1)
 
(6) Shared Voting Power
851,607 (1)
 
(7) Sole Dispositive Power
7,320 (1)
 
(8) Shared Dispositive Power
851,607 (1)
 
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
851,607 (1)
 
 
(10) Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨  
 
(11) Percent of Class Represented by Amount in Row (9)
3.6%
 
 
(12) Type of Reporting Person (See Instructions)
OO
 
           

 

 

(1) G1 Execution Services, LLC, Susquehanna Investment Group and Susquehanna Securities, LLC are affiliated independent broker-dealers which, together with Darby Financial Products and Susquehanna Fundamental Investments, LLC, may be deemed a group.  For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons.  Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.

 

 

 

 

CUSIP No: 22410J106

 

(1) Names of Reporting Persons
Susquehanna Investment Group
 
 
(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
Pennsylvania
 
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
(5) Sole Voting Power
33,856 (1)
 
(6) Shared Voting Power
851,607 (1)
 
(7) Sole Dispositive Power
33,856 (1)
 
(8) Shared Dispositive Power
851,607 (1)
 
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
851,607 (1)
 
 
(10) Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨  
 
(11) Percent of Class Represented by Amount in Row (9)
3.6%
 
 
(12) Type of Reporting Person (See Instructions)
BD, PN
 
           

 

 

(1) G1 Execution Services, LLC, Susquehanna Investment Group and Susquehanna Securities, LLC are affiliated independent broker-dealers which, together with Darby Financial Products and Susquehanna Fundamental Investments, LLC, may be deemed a group.  For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons.  Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.

 

 

 

 

CUSIP No: 22410J106

 

(1) Names of Reporting Persons
Susquehanna Securities, LLC
 
 
(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
Delaware
 
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
(5) Sole Voting Power
780,162 (1)
 
(6) Shared Voting Power
851,607 (1)
 
(7) Sole Dispositive Power
780,162 (1)
 
(8) Shared Dispositive Power
851,607 (1)
 
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
851,607 (1)
 
 
(10) Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨  
 
(11) Percent of Class Represented by Amount in Row (9)
3.6%
 
 
(12) Type of Reporting Person (See Instructions)
BD, OO
 
           

 

 

(1) G1 Execution Services, LLC, Susquehanna Investment Group and Susquehanna Securities, LLC are affiliated independent broker-dealers which, together with Darby Financial Products and Susquehanna Fundamental Investments, LLC, may be deemed a group.  For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons.  Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.

 

 

 

 

CUSIP No: 22410J106

 

Item 1.
  (a)

Name of Issuer

 

Cracker Barrel Old Country Store, Inc. (the “Company”)

  (b)

Address of Issuer’s Principal Executive Offices

 

305 Hartmann Drive, Lebanon, Tennessee 37087

 
Item 2(a).  

Name of Person Filing

 

This statement is filed by the entities listed below, who are collectively referred to herein as “Reporting Persons” with respect to the shares of Common Stock, $0.01 par value per share, of the Company (the “Shares”).

 

   (i)          Darby Financial Products

  (ii)         G1 Execution Services, LLC

 (iii)        Susquehanna Fundamental Investments, LLC

 (iv)        Susquehanna Investment Group

  (v)         Susquehanna Securities, LLC

 

Item 2(b).  

Address of Principal Business Office or, if none, Residence

 

The address of the principal business office of G1 Execution Services, LLC is:

 

175 W. Jackson Blvd.

Suite 1700

Chicago, IL 60604

 

The address of the principal business office of each of Darby Financial Products, Susquehanna Fundamental Investments, LLC, Susquehanna Investment Group and Susquehanna Securities, LLC is:

 

401 E. City Avenue

Suite 220

Bala Cynwyd, PA 19004

 

Item 2(c).   Citizenship
Citizenship is set forth in Row 4 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
Item 2(d).   Title of Class of Securities
Common Stock, $0.01 par value per share
Item 2(e)  

CUSIP Number

22410J106

 

 

 

 

CUSIP No: 22410J106

 

Item 3.If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

  (a) x Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
       
  (b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
       
  (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
       
  (d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
       
  (e) ¨ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
       
  (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
  (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
       
  (h) ¨ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
  (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
       
  (j) ¨ A non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J);
       
  (k) ¨ Group, in accordance with rule 13d–1(b)(1)(ii)(K).
       
      If filing as a non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J), please specify the type of institution:                                                           

 

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.
 

The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.

 

The number of Shares reported as beneficially owned by Darby Financial Products includes option to buy 20,000 Shares. The number of Shares reported as beneficially owned by Susquehanna Investment Group includes options to buy 33,800 Shares. The number of Shares reported as beneficially owned by Susquehanna Securities, LLC includes options to buy 700,000 Shares.

 

The Company’s Quarterly Report on Form 10-Q, filed on November 23, 2021 indicates that there were 23,521,887 Shares outstanding as of November 17, 2021.

 
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:   x
 
Item 6. Ownership of More than Five Percent on Behalf of Another Person
   
Not applicable.
 
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person
   
 Not applicable.

 

 

 

 

CUSIP No: 22410J106

 

Item 8. Identification and Classification of Members of the Group
   
 Not applicable.
 
Item 9. Notice of Dissolution of Group
   
 Not applicable.

 

Item 10. Certification
   
By signing below each of the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above 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.

 

 

 

 

CUSIP No: 22410J106

 

SIGNATURE

 

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete, and correct.

 

Dated: February 11, 2022

 

DARBY FINANCIAL PRODUCTS   G1 EXECUTION SERVICES, LLC
     
By: /s/ Brian Sopinsky     By:  /s/ Brian Sopinsky
Name: Brian Sopinsky     Name:   Brian Sopinsky
Title: Authorized Signatory     Title:  Secretary

 

SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC

  SUSQUEHANNA INVESTMENT GROUP
   
By: /s/ Brian Sopinsky     By: /s/ Brian Sopinsky
Name: Brian Sopinsky     Name: Brian Sopinsky
Title: Assistant Secretary     Title: General Counsel

 

SUSQUEHANNA SECURITIES, LLC  
     
By: /s/ Brian Sopinsky  
Name: Brian Sopinsky  
Title: Secretary  

 

 

 

 

CUSIP No: 22410J106

 

EXHIBIT INDEX

 

EXHIBIT   DESCRIPTION

I

 

 

 

Joint Filing Agreement*

 

*Previously filed