HANCE JAMES H JR 4
4 · Carlyle Group Inc. · Filed Jan 3, 2020
Insider Transaction Report
Form 4
HANCE JAMES H JR
Director
Transactions
- Conversion
Common Stock
2020-01-01+251,380→ 280,979 total - Conversion
Carlyle Holdings partnership units
2020-01-01−251,380→ 0 total→ Common Units Representing limited partnership interests (251,380 underlying)
Footnotes (3)
- [F1]On January 1, 2020, The Carlyle Group L.P., a Delaware limited partnership, converted into a Delaware corporation named The Carlyle Group Inc. (the "Conversion"). As a result of such conversion, each common unit of limited partner interest of The Carlyle Group L.P. converted into a share of common stock of The Carlyle Group Inc. (the "Common Stock").
- [F2]Pursuant to the terms of the Conversion, partnership units of Carlyle Holdings were exchanged for shares of Common Stock on a one-for-one basis.
- [F3]Pursuant to the terms of the exchange agreement and subject to certain requirements and restrictions, the partnership units of Carlyle Holdings were exchangeable for common units of The Carlyle Group L.P. on a one-for-one basis.