Searchlight Capital II, L.P.'s Form 4 filing
Shift4 Payments, Inc. (FOUR) · filed Aug 11, 2021
- Accession no.
- 0000899243-21-032640
- Filed
- Aug 11, 2021, 8:24 PM ET
- Trade date
- Aug 9, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 5 non-derivative transactions and 1 derivative transaction. Open-market sales total $355.9M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Searchlight Capital II, L.P.CIK 0001648706 | 10% Owner |
| Searchlight Capital II PV, L.P.CIK 0001648707 | 10% Owner |
| Searchlight Capital Partners II GP, LLCCIK 0001735631 | 10% Owner |
| Searchlight Capital Partners II GP, L.P.CIK 0001735633 | 10% Owner |
| Searchlight II GWN, L.P.CIK 0001814069 | 10% Owner |
| Searchlight II GWN GP, LLCCIK 0001852081 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 9, 2021 | Class A Common Stock | CConversionAcquired | +1,967,750 | $0.00 | $0 | 1,967,750 | Indirect | |
| Aug 9, 2021 | Class B Common Stock | JOtherDisposed | −1,967,750 | $0.00 | $0 | 443,638 | Indirect | |
| Aug 9, 2021 | Class C Common Stock | CConversionDisposed | −2,282,250 | $0.00 | $0 | 514,544 | Indirect | |
| Aug 9, 2021 | Class A Common Stock | CConversionAcquired | +2,282,250 | $0.00 | $0 | 4,250,000 | Indirect | |
| Aug 9, 2021 | Class A Common Stock | SSaleDisposed | −4,250,000 | $83.75F7 | −$355,937,500 | 0 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 9, 2021 | Class A Common Stock | CConversionDisposed | −1,967,750 | $0.00 | $0 | 443,638 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F7
The LLC Interests may be redeemed by Searchlight II GWN, L.P. at any time for shares of the Issuer's Class A Common Stock on a 1-to-1 basis.
Referenced by the price of 1 transaction in Table I.