[ x] | Rule 13d-1(b) |
[ ] | Rule 13d-1(c) |
[ ] | Rule 13d-1(d) |
CUSIP NO. 92857F107
|
13G
|
Page 2 of 6 Pages
|
1
|
NAMES OF REPORTING PERSONS
Brown Capital Management, LLC
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) [ ]
(b) [ ]
|
||
3
|
SEC USE ONLY
|
|||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
State of Maryland
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
2,429,228
|
||
6
|
SHARED VOTING POWER
None
|
|||
7
|
SOLE DISPOSITIVE POWER
4,295,863
|
|||
8
|
SHARED DISPOSITIVE POWER
None
|
|||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,295,863
|
|||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
|
[ ]
|
||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
16.39%
|
|||
12
|
TYPE OF REPORTING PERSON
IA
|
CUSIP NO. 92857F107
|
13G
|
Page 3 of 6 Pages
|
1
|
NAMES OF REPORTING PERSONS S.S. OR
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS The Brown Capital Management Small Company Fund
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) [ ]
(b) [ ]
|
||
3
|
SEC USE ONLY
|
|||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
1,607,698
|
||
6
|
SHARED VOTING POWER
None
|
|||
7
|
SOLE DISPOSITIVE POWER
1,607,698
|
|||
8
|
SHARED DISPOSITIVE POWER
None
|
|||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,607,698
|
|||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
|
[ ]
|
||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.14%
|
|||
12
|
TYPE OF REPORTING PERSON
IV
|
CUSIP NO. 92857F107
|
13G
|
Page 4 of 6 Pages
|
Item 1. | (a) | Name of Issuer: |
(b) | Address of Issuer’s Principal Executive Offices: |
Item 2. | (a) | Name of Person Filing: |
(b) | Address of Principal Business Office or, if None, Residence: |
(c) | Citizenship: |
(d) | Title of Class of Securities: |
(e) | CUSIP Number: |
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 a: |
(a) | [ ] | Broker or dealer registered under Section 15 of the Exchange Act. |
(b) | [ ] | Bank as defined in Section 3(a)(6) of the Exchange Act. |
(c) | [ ] | Insurance company as defined in Section 3(a)(19) of the Exchange Act. |
(d) | [ ] | Investment company registered under Section 8 of the Investment Company Act. |
(e) | [ x] | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); |
(f) | [ ] | An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); |
(g) | [ ] | A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); |
(h) | [ ] | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; |
(i) | [ ] | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; |
(j) | [ ] | Group, in accordance with Rule 13d-1(b)(1)(ii)(J). |
CUSIP NO. 92857F107
|
13G
|
Page 5 of 6 Pages
|
Item 4. | Ownership. |
Brown Capital Management,
LLC
|
The Brown Capital Mgmt Small Company Fund
|
|||
(a)
|
Amount beneficially owned:
|
4,295,863
|
1,607,698
|
|
(b)
|
Percent of class:
|
16.39%
|
6.14%
|
|
(c)
|
Number of shares as to which the person has:
|
|||
(i)
|
Sole power to vote or to direct the vote:
|
2,429,228
|
1,607,698
|
|
(ii)
|
Shared power to vote or to direct the vote:
|
None
|
None
|
|
(iii)
|
Sole power to dispose or to direct the disposition of:
|
4,295,863
|
1,607,698
|
|
(iv)
|
Shared power to dispose or to direct the disposition of:
|
None
|
None
|
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 or Control Person. |
Item 8. | Identification and Classification of Members of the Group. |
Item 9. | Notice of Dissolution of Group. |
CUSIP NO. 92857F107
|
13G
|
Page 6 of 6 Pages
|
Item 10. | Certification. |
Brown Capital Management, LLC
|
|||
By:
|
/s/ Eddie C. Brown | ||
Name:
|
Eddie C. Brown | ||
Title:
|
President | ||
Date:
|
February 16, 2016 |