3//SEC Filing
Apax X GP Co. Ltd 3
Accession 0000899243-21-016110
CIK 0001166388other
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 4:15 PM ET
Size
20.9 KB
Accession
0000899243-21-016110
Insider Transaction Report
Form 3
Valor Buyer LP
10% Owner
Holdings
Series A Convertible Perpetual Preferred Stock
→ Common Stock, par value $0.001 (5,497,526.11 underlying)Series B Convertible Perpetual Preferred Stock
→ Common Stock, par value $0.001 (3,980,099.5 underlying)
Valor Buyer GP LLC
10% Owner
Holdings
Series B Convertible Perpetual Preferred Stock
→ Common Stock, par value $0.001 (3,980,099.5 underlying)Series A Convertible Perpetual Preferred Stock
→ Common Stock, par value $0.001 (5,497,526.11 underlying)
Apax X GP Co. Ltd
10% Owner
Holdings
Series A Convertible Perpetual Preferred Stock
→ Common Stock, par value $0.001 (5,497,526.11 underlying)Series B Convertible Perpetual Preferred Stock
→ Common Stock, par value $0.001 (3,980,099.5 underlying)
Apax X GP S.a r.l.
10% Owner
Holdings
Series B Convertible Perpetual Preferred Stock
→ Common Stock, par value $0.001 (3,980,099.5 underlying)Series A Convertible Perpetual Preferred Stock
→ Common Stock, par value $0.001 (5,497,526.11 underlying)
Apax Guernsey (Holdco) Ltd
10% Owner
Holdings
Series B Convertible Perpetual Preferred Stock
→ Common Stock, par value $0.001 (3,980,099.5 underlying)Series A Convertible Perpetual Preferred Stock
→ Common Stock, par value $0.001 (5,497,526.11 underlying)
Valor Topco Ltd
10% Owner
Holdings
Series A Convertible Perpetual Preferred Stock
→ Common Stock, par value $0.001 (5,497,526.11 underlying)Series B Convertible Perpetual Preferred Stock
→ Common Stock, par value $0.001 (3,980,099.5 underlying)
Footnotes (5)
- [F1]Verint Systems Inc.'s (the "Issuer") Series A Convertible Perpetual Preferred Stock, par value $0.001 per share (the "Series A Preferred Stock"), is convertible at the option of a holder at any time into shares of the Issuer's common stock, par value $0.001 per share ("Common Stock") at an initial conversion price of $36.38 per share. The Series A Preferred Stock has no expiration date.
- [F2]Represents 5,497,526.11 shares of Common Stock issuable upon the conversion of 200,000 shares of Series A Preferred Stock directly held by Valor Buyer LP ("Valor Buyer") at an initial conversion price of $36.38 per share.
- [F3]Valor Buyer GP LLC ("Valor GP") is the general partner of Valor Buyer and 100% of the equity interests in Valor GP is held by Valor Topco Limited ("Valor Limited"). Apax X GP Co. Limited ("Apax Limited"), in its capacity as investment manager of the Apax X fund (other than Apax X EUR SCSp), holds 99.34% of the shares of Valor Limited. Apax X GP S.a r.l. ("Apax X"), in its capacity as managing general partner of Apax X EUR SCSp, holds 0.66% of the shares of Valor Limited. Apax Guernsey (Holdco) PCC Limited Apax X Cell ("Apax PCC") is the sole parent of Apax Limited and Apax X. As a result, Valor GP, Valor Limited, Apax Limited, Apax X and Apax PCC may be deemed to beneficially own, and have shared voting and dispositive power with respect to the underlying Common Stock. Valor GP, Valor Limited, Apax Limited, Apax X and Apax PCC disclaim beneficial ownership of the underlying Common Stock, except to the extent of their pecuniary interest therein.
- [F4]The Issuer's Series B Convertible Perpetual Preferred Stock, par value $0.001 per share (the "Series B Preferred Stock"), is convertible at the option of a holder at any time into shares of the Common Stock at an initial conversion price of $50.25 per share. The Series B Preferred Stock has no expiration date.
- [F5]Represents 3,980,099.50 shares of Common Stock issuable upon the conversion of 200,000 shares of Series B Preferred Stock directly held by Valor Buyer at an initial conversion price of $50.25 per share.
Issuer
VERINT SYSTEMS INC
CIK 0001166388
Entity typeother
IncorporatedGuernsey
Related Parties
1- filerCIK 0001817053
Filing Metadata
- Form type
- 3
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 4:15 PM ET
- Size
- 20.9 KB