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RCP Lake Co-Invest, L.P.'s Form 4 filing

Victory Capital Holdings, Inc. (VCTR) · filed Nov 24, 2021

Accession no.
0001104659-21-143558
Filed
Nov 24, 2021, 4:11 PM ET
Trade date
Nov 22-23, 2021
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 14 non-derivative transactions and 10 derivative transactions. Open-market sales total $29.4M. 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.

Reporting owners on this filing
OwnerRelationship to the company
RCP Lake Co-Invest, L.P.CIK 0001606112Director, 10% Owner
Reverence Capital Partners Opportunities Fund I (AI), L.P.CIK 0001621529Director, 10% Owner
Reverence Capital Partners Opportunities Fund I, L.P.CIK 0001621530Director, 10% Owner
Reverence Capital Partners Opportunities Fund I (Cayman), L.P.CIK 0001621531Director, 10% Owner
Berlinski Milton R.CIK 0001729927Director, 10% Owner
RCP GenPar HoldCo LLCCIK 0001731503Director, 10% Owner
RCP GenPar LPCIK 0001731545Director, 10% Owner
RCP Opp Fund I GP, L.P.CIK 0001731553Director, 10% Owner
RCP Co-Invest GP LLCCIK 0001731555Director, 10% Owner
Reverence Capital Partners LLCCIK 0001731602Director, 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Nov 22, 2021Class A Common StockCConversionAcquired+307,385–F1–307,385Indirect
Nov 22, 2021Class A Common StockCConversionAcquired+255,571–F1–255,571Indirect
Nov 22, 2021Class A Common StockCConversionAcquired+4,915–F1–4,915Indirect
Nov 22, 2021Class A Common StockCConversionAcquired+295,898–F1–295,898Indirect
Nov 22, 2021Class A Common StockSSaleDisposed−307,385$34.00−$10,451,0900Indirect
Nov 22, 2021Class A Common StockSSaleDisposed−255,571$34.00−$8,689,4140Indirect
Nov 22, 2021Class A Common StockSSaleDisposed−4,915$34.00−$167,1100Indirect
Nov 22, 2021Class A Common StockSSaleDisposed−295,898$34.00−$10,060,5320Indirect
Nov 23, 2021Class A Common StockCConversionAcquired+3,148,685–F10–3,148,685Indirect
Nov 23, 2021Class A Common StockCConversionAcquired+2,617,925–F10–2,617,925Indirect
Nov 23, 2021Class A Common StockCConversionAcquired+50,344–F10–50,344Indirect
Nov 23, 2021Class A Common StockCConversionAcquired+3,031,017–F10–3,031,017Indirect
Nov 23, 2021Class A Common StockCConversionAcquired+184,231–F10–184,231Indirect
Nov 23, 2021Class A Common StockCConversionAcquired+294,225–F10–294,225Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Nov 22, 2021Class A Common StockCConversionDisposed−307,385–F1–3,148,685Indirect
Nov 22, 2021Class A Common StockCConversionDisposed−255,571–F1–2,617,925Indirect
Nov 22, 2021Class A Common StockCConversionDisposed−4,915–F1–50,344Indirect
Nov 22, 2021Class A Common StockCConversionDisposed−295,898–F1–3,031,017Indirect
Nov 23, 2021Class A Common StockCConversionDisposed−3,148,685–F10–0Indirect
Nov 23, 2021Class A Common StockCConversionDisposed−2,617,925–F10–0Indirect
Nov 23, 2021Class A Common StockCConversionDisposed−50,344–F10–0Indirect
Nov 23, 2021Class A Common StockCConversionDisposed−3,031,017–F10–0Indirect
Nov 23, 2021Class A Common StockCConversionDisposed−184,231–F10–0Indirect
Nov 23, 2021Class A Common StockCConversionDisposed−294,225–F10–0Direct

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.

F1

Reflects the conversion of shares of Class B Common Stock of the Issuer ("Class B Shares") into shares of Class A Common Stock of the Issuer ("Class A Shares") on a one-for-one basis. Class B Shares are convertible into Class A Shares on a one-for-one basis at any time by the holder and have no expiration date.

Referenced by the price of 4 transactions in Table I and 4 transactions in Table II.

F10

On November 19, 2021, the Issuer held a special meeting of stockholders at which the stockholders approved an amendment to the Issuer's certificate of incorporation to convert all outstanding shares of Class B Shares into an equal number of shares of Class A Shares on a one-for-one basis (the "Conversion"). The Conversion was effected on November 23, 2021, upon the Issuer's filing of its amended and restated certificate of incorporation with the Secretary of State of the State of Delaware.

Referenced by the price of 6 transactions in Table I and 6 transactions in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)