Searchlight Capital II, L.P. 4

4 · Shift4 Payments, Inc. · Filed May 13, 2021

Insider Transaction Report

Form 4

Period: 2021-05-11

Shift4 Payments, Inc.FOUR

Searchlight Capital Partners II GP, LLC

10% Owner

Transactions

Conversion
Class A Common Stock
[F1][F2]
2021-05-11+34,725→ 34,725 total(indirect: See footnotes)
Other
Class B Common Stock
[F3][F2][F4]
2021-05-11−34,725→ 3,083,791 total(indirect: See footnotes)
Conversion
Class C Common Stock
[F2][F5]
2021-05-11−40,275→ 3,576,662 total(indirect: See footnotes)
Conversion
Class A Common Stock
[F2][F6]
2021-05-11+40,275→ 75,000 total(indirect: See footnotes)
Sale
Class A Common Stock
[F7][F2]
2021-05-11$83.80/sh−67,685$5,672,172→ 7,315 total(indirect: See footnote)
Sale
Class A Common Stock
[F8][F2]
2021-05-11$84.78/sh−7,215$611,724→ 100 total(indirect: See footnote)
Sale
Class A Common Stock
[F2]
2021-05-11$85.53/sh−100$8,553→ 0 total(indirect: See footnote)
Conversion
Class A Common Stock
[F1][F2]
2021-05-12+20,461→ 20,461 total(indirect: See footnotes)
Other
Class B Common Stock
[F3][F2][F4]
2021-05-12−20,461→ 3,063,330 total(indirect: See footnotes)
Conversion
Class C Common Stock
[F2][F5]
2021-05-12−23,731→ 3,552,931 total(indirect: See footnotes)
Conversion
Class A Common Stock
[F2][F9]
2021-05-12+23,731→ 44,192 total(indirect: See footnotes)
Sale
Class A Common Stock
[F10][F2]
2021-05-12$80.26/sh−30,389$2,439,027→ 13,803 total(indirect: See footnote)
Sale
Class A Common Stock
[F11][F2]
2021-05-12$81.75/sh−4,175$341,316→ 9,628 total(indirect: See footnote)
Sale
Class A Common Stock
[F12][F2]
2021-05-12$82.39/sh−8,797$724,764→ 831 total(indirect: See footnote)
Sale
Class A Common Stock
[F13][F2]
2021-05-12$83.30/sh−831$69,218→ 0 total(indirect: See footnote)
Conversion
LLC Interests
[F14][F1][F2]
2021-05-11−34,725→ 3,083,791 total(indirect: See footnotes)
→ Class A Common Stock (34,275 underlying)
Conversion
LLC Interests
[F14][F1][F2]
2021-05-12−20,461→ 3,063,330 total(indirect: See footnotes)
→ Class A Common Stock (20,461 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 $80.00 to $81.00. 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.
[F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.01 to $82.00. 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.02 to $82.96. 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.
[F13]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.00 to $83.52. 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 288,081 Class C Common Stock held of record by Searchlight Capital II, L.P. and 3,264,850 Class C Common Stock held directly by Searchlight Capital II PV, L.P.
[F6]Following the conversion of shares, represents 3,266 Class A Common Stock held of record by Searchlight Capital II, L.P., 37,009 Class A Common Stock held of record by Searchlight Capital II PV, L.P. and 34,725 Class A Common Stock held of record by Searchlight II GWN, L.P.
[F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.50 to $84.50. 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.
[F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.51 to $85.465. 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]Following the conversion of shares, represents 1,924 Class A Common Stock held of record by Searchlight Capital II, L.P., 21,807 Class A Common Stock held of record by Searchlight Capital II PV, L.P. and 20,461 Class A Common Stock held of record by Searchlight II GWN, L.P.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION