Ontario Teachers Pension Plan Board's Form 4 filing
AZEK Co Inc. (AZEK) · filed Feb 16, 2023
- Accession no.
- 0001387131-23-002157
- Filed
- Feb 16, 2023
- Trade date
- Feb 15, 2023
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 1 non-derivative transaction. Open-market sales total $124.3M. It was filed 1 day 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 |
|---|---|
| Ontario Teachers Pension Plan BoardCIK 0000937567 | Director, 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 |
|---|---|---|---|---|---|---|---|---|
| Feb 15, 2023 | Class A Common Stock, par value $0.01 per share | SSaleDisposed | −4,770,000 | $26.06 | −$124,306,200 | 14,325,990 | Direct |
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.
No transaction price on this filing refers to a footnote.
Remarks
OTPP has the right to nominate directors for election to the board of directors of the Issuer pursuant to a stockholders agreement, dated June 11, 2020, by and among the Issuer, Ares Corporate Opportunities Fund IV, L.P. ("ACOF IV") and OTPP. OTPP and ACOF IV have jointly nominated one director to the Issuer's board of directors, and OTPP has nominated one director. Accordingly, OTPP listed hereon may be deemed to be a director by deputization.