4//SEC Filing
Searchlight Capital II, L.P. 4
Accession 0000899243-21-019178
CIK 0001794669other
Filed
May 10, 8:00 PM ET
Accepted
May 11, 9:48 PM ET
Size
46.0 KB
Accession
0000899243-21-019178
Insider Transaction Report
Form 4
Transactions
- Other
Class B Common Stock
2021-05-07−97,709→ 3,125,322 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$87.09/sh−22,543$1,963,295→ 188,491 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$88.72/sh−54,523$4,837,390→ 3,663 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-10−7,894→ 3,616,937 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-10$85.03/sh−13,900$1,181,987→ 800 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-07−113,325→ 3,624,831 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-10+6,806→ 6,806 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-10$87.00/sh−800$69,600→ 0 total(indirect: See footnotes) - Conversion
LLC Interests
2021-05-07−97,709→ 3,125,322 total(indirect: See Footnotes)→ Class A Common Stock (97,709 underlying) - Conversion
LLC Interests
2021-05-10−6,806→ 3,118,516 total(indirect: See Footnotes)→ Class A Common Stock (6,806 underlying) - Conversion
Class A Common Stock
2021-05-07+113,325→ 211,034 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$89.60/sh−3,663$328,215→ 0 total(indirect: See footnotes) - Other
Class B Common Stock
2021-05-10−6,806→ 3,118,516 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-10+7,894→ 14,700 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-07+97,709→ 97,709 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$87.93/sh−130,305$11,458,018→ 58,186 total(indirect: See footnotes)
Transactions
- Conversion
LLC Interests
2021-05-10−6,806→ 3,118,516 total(indirect: See Footnotes)→ Class A Common Stock (6,806 underlying) - Other
Class B Common Stock
2021-05-07−97,709→ 3,125,322 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-07−113,325→ 3,624,831 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-07+113,325→ 211,034 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$87.09/sh−22,543$1,963,295→ 188,491 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$87.93/sh−130,305$11,458,018→ 58,186 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$88.72/sh−54,523$4,837,390→ 3,663 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$89.60/sh−3,663$328,215→ 0 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-10$85.03/sh−13,900$1,181,987→ 800 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-07+97,709→ 97,709 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-10+6,806→ 6,806 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-10−7,894→ 3,616,937 total(indirect: See footnotes) - Other
Class B Common Stock
2021-05-10−6,806→ 3,118,516 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-10$87.00/sh−800$69,600→ 0 total(indirect: See footnotes) - Conversion
LLC Interests
2021-05-07−97,709→ 3,125,322 total(indirect: See Footnotes)→ Class A Common Stock (97,709 underlying) - Conversion
Class A Common Stock
2021-05-10+7,894→ 14,700 total(indirect: See footnotes)
Searchlight Capital II PV, L.P.
10% Owner
Transactions
- Conversion
Class C Common Stock
2021-05-07−113,325→ 3,624,831 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-07+97,709→ 97,709 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$87.09/sh−22,543$1,963,295→ 188,491 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$89.60/sh−3,663$328,215→ 0 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-10+6,806→ 6,806 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-10$85.03/sh−13,900$1,181,987→ 800 total(indirect: See footnotes) - Conversion
LLC Interests
2021-05-07−97,709→ 3,125,322 total(indirect: See Footnotes)→ Class A Common Stock (97,709 underlying) - Conversion
LLC Interests
2021-05-10−6,806→ 3,118,516 total(indirect: See Footnotes)→ Class A Common Stock (6,806 underlying) - Other
Class B Common Stock
2021-05-07−97,709→ 3,125,322 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-07+113,325→ 211,034 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$87.93/sh−130,305$11,458,018→ 58,186 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$88.72/sh−54,523$4,837,390→ 3,663 total(indirect: See footnotes) - Other
Class B Common Stock
2021-05-10−6,806→ 3,118,516 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-10−7,894→ 3,616,937 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-10+7,894→ 14,700 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-10$87.00/sh−800$69,600→ 0 total(indirect: See footnotes)
Searchlight Capital II, L.P.
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-05-07+97,709→ 97,709 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-07−113,325→ 3,624,831 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-07+113,325→ 211,034 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$87.09/sh−22,543$1,963,295→ 188,491 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$88.72/sh−54,523$4,837,390→ 3,663 total(indirect: See footnotes) - Conversion
LLC Interests
2021-05-10−6,806→ 3,118,516 total(indirect: See Footnotes)→ Class A Common Stock (6,806 underlying) - Conversion
Class A Common Stock
2021-05-10+7,894→ 14,700 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$87.93/sh−130,305$11,458,018→ 58,186 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$89.60/sh−3,663$328,215→ 0 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-10+6,806→ 6,806 total(indirect: See footnotes) - Other
Class B Common Stock
2021-05-10−6,806→ 3,118,516 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-10−7,894→ 3,616,937 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-10$85.03/sh−13,900$1,181,987→ 800 total(indirect: See footnotes) - Conversion
LLC Interests
2021-05-07−97,709→ 3,125,322 total(indirect: See Footnotes)→ Class A Common Stock (97,709 underlying) - Other
Class B Common Stock
2021-05-07−97,709→ 3,125,322 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-10$87.00/sh−800$69,600→ 0 total(indirect: See footnotes)
Searchlight II GWN GP, LLC
10% Owner
Transactions
- Other
Class B Common Stock
2021-05-07−97,709→ 3,125,322 total(indirect: See footnotes) - Other
Class B Common Stock
2021-05-10−6,806→ 3,118,516 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-07+97,709→ 97,709 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-10+7,894→ 14,700 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-10$87.00/sh−800$69,600→ 0 total(indirect: See footnotes) - Conversion
LLC Interests
2021-05-10−6,806→ 3,118,516 total(indirect: See Footnotes)→ Class A Common Stock (6,806 underlying) - Sale
Class A Common Stock
2021-05-07$87.93/sh−130,305$11,458,018→ 58,186 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$88.72/sh−54,523$4,837,390→ 3,663 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-10−7,894→ 3,616,937 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-10$85.03/sh−13,900$1,181,987→ 800 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-07−113,325→ 3,624,831 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-07+113,325→ 211,034 total(indirect: See footnotes) - Conversion
LLC Interests
2021-05-07−97,709→ 3,125,322 total(indirect: See Footnotes)→ Class A Common Stock (97,709 underlying) - Sale
Class A Common Stock
2021-05-07$87.09/sh−22,543$1,963,295→ 188,491 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$89.60/sh−3,663$328,215→ 0 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-10+6,806→ 6,806 total(indirect: See footnotes)
Searchlight II GWN, L.P.
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-05-10+7,894→ 14,700 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-07−113,325→ 3,624,831 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-10−7,894→ 3,616,937 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$87.93/sh−130,305$11,458,018→ 58,186 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$89.60/sh−3,663$328,215→ 0 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-10+6,806→ 6,806 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-07+97,709→ 97,709 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$87.09/sh−22,543$1,963,295→ 188,491 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-07$88.72/sh−54,523$4,837,390→ 3,663 total(indirect: See footnotes) - Other
Class B Common Stock
2021-05-10−6,806→ 3,118,516 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-10$87.00/sh−800$69,600→ 0 total(indirect: See footnotes) - Other
Class B Common Stock
2021-05-07−97,709→ 3,125,322 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-07+113,325→ 211,034 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-10$85.03/sh−13,900$1,181,987→ 800 total(indirect: See footnotes) - Conversion
LLC Interests
2021-05-07−97,709→ 3,125,322 total(indirect: See Footnotes)→ Class A Common Stock (97,709 underlying) - Conversion
LLC Interests
2021-05-10−6,806→ 3,118,516 total(indirect: See Footnotes)→ Class A Common Stock (6,806 underlying)
Footnotes (14)
- [F1]Represents securities held of record by Searchlight II GWN, L.P.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.385 to $89.38. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.40 to $90.00. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F12]Following the conversion of shares, represents 640 Class A Common Stock held of record by Searchlight Capital II, L.P., 7,254 Class A Common Stock held of record by Searchlight Capital II PV, L.P. and 6,806 Class A Common Stock held of record by Searchlight II GWN, L.P.
- [F13]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.54. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F14]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.
- [F2]Searchlight II GWN GP, LLC is the general partner of Searchlight II GWN, L.P. and may be deemed to share beneficial ownership over the securities held of record by Searchlight II GWN, L.P. Searchlight Capital Partners II GP, LLC is the general partner of Searchlight Capital Partners II GP, LP, which is the general partner of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and the members of Searchlight II GWN GP, LLC. As such, each of Searchlight Capital Partners II GP, LLC and Searchlight Capital Partners II GP, LP may be deemed to share beneficial ownership over the securities held of record by each of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and Searchlight II GWN, L.P.
- [F3]Reflects the cancellation for no consideration of Class B Common Stock in connection with the conversion of the LLC Interests in to Class A Common Stock.
- [F4]Securities are held of record by Searchlight Capital II, L.P.
- [F5]Following the transactions reported herein, represents 293,271 Class C Common Stock held of record by Searchlight Capital II, L.P. and 3,323,666 Class C Common Stock held directly by Searchlight Capital II PV, L.P.
- [F6]Following the conversion of shares, represents 9,188 Class A Common Stock held of record by Searchlight Capital II, L.P., 104,137 Class A Common Stock held of record by Searchlight Capital II PV, L.P. and 97,709 Class A Common Stock held of record by Searchlight II GWN, L.P.
- [F7]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.37 to $87.37. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.38 to $88.38. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Documents
Issuer
Shift4 Payments, Inc.
CIK 0001794669
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001648706
Filing Metadata
- Form type
- 4
- Filed
- May 10, 8:00 PM ET
- Accepted
- May 11, 9:48 PM ET
- Size
- 46.0 KB