4//SEC Filing
Searchlight Capital II, L.P. 4
Accession 0000899243-21-020663
CIK 0001794669other
Filed
May 24, 8:00 PM ET
Accepted
May 25, 9:05 PM ET
Size
54.5 KB
Accession
0000899243-21-020663
Insider Transaction Report
Form 4
Searchlight II GWN, L.P.
10% Owner
Transactions
- Other
Class B Common Stock
2021-05-21−82,839→ 2,724,594 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$89.29/sh−58,507$5,224,119→ 120,410 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$92.58/sh−12,725$1,178,105→ 15,440 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-24$89.57/sh−8,585$768,981→ 36,007 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-21−96,078→ 3,160,058 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-21+96,078→ 178,917 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$91.30/sh−36,745$3,354,958→ 28,165 total(indirect: See footnote) - Other
Class B Common Stock
2021-05-24−20,646→ 2,703,948 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-24$90.70/sh−15,766$1,429,910→ 20,241 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-05-24+23,946→ 44,592 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-21+82,839→ 82,839 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$93.32/sh−15,040$1,403,602→ 400 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-05-24+20,646→ 20,646 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-24$92.66/sh−13,992$1,296,471→ 0 total(indirect: See footnote) - Conversion
LLC Interests
2021-05-24−20,646→ 2,703,948 total(indirect: See footnotes)→ Class A Common Stock (20,646 underlying) - Sale
Class A Common Stock
2021-05-21$94.08/sh−400$37,634→ 0 total(indirect: See footnote) - Conversion
Class C Common Stock
2021-05-24−23,946→ 3,136,112 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$90.16/sh−55,500$5,003,763→ 64,910 total(indirect: See footnote) - Conversion
LLC Interests
2021-05-21−82,839→ 2,724,594 total(indirect: See footnotes)→ Class A Common Stock (82,839 underlying) - Sale
Class A Common Stock
2021-05-24$91.72/sh−6,249$573,150→ 13,992 total(indirect: See footnote)
Searchlight II GWN GP, LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-05-21+82,839→ 82,839 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-21−96,078→ 3,160,058 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$89.29/sh−58,507$5,224,119→ 120,410 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$93.32/sh−15,040$1,403,602→ 400 total(indirect: See footnote) - Other
Class B Common Stock
2021-05-21−82,839→ 2,724,594 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-21+96,078→ 178,917 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$90.16/sh−55,500$5,003,763→ 64,910 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$91.30/sh−36,745$3,354,958→ 28,165 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$92.58/sh−12,725$1,178,105→ 15,440 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-05-24+20,646→ 20,646 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-24$92.66/sh−13,992$1,296,471→ 0 total(indirect: See footnote) - Conversion
LLC Interests
2021-05-24−20,646→ 2,703,948 total(indirect: See footnotes)→ Class A Common Stock (20,646 underlying) - Sale
Class A Common Stock
2021-05-21$94.08/sh−400$37,634→ 0 total(indirect: See footnote) - Other
Class B Common Stock
2021-05-24−20,646→ 2,703,948 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-24−23,946→ 3,136,112 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-24+23,946→ 44,592 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-24$89.57/sh−8,585$768,981→ 36,007 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-24$90.70/sh−15,766$1,429,910→ 20,241 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-24$91.72/sh−6,249$573,150→ 13,992 total(indirect: See footnote) - Conversion
LLC Interests
2021-05-21−82,839→ 2,724,594 total(indirect: See footnotes)→ Class A Common Stock (82,839 underlying)
Transactions
- Conversion
Class A Common Stock
2021-05-21+96,078→ 178,917 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$92.58/sh−12,725$1,178,105→ 15,440 total(indirect: See footnote) - Conversion
Class C Common Stock
2021-05-21−96,078→ 3,160,058 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$89.29/sh−58,507$5,224,119→ 120,410 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$90.16/sh−55,500$5,003,763→ 64,910 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$91.30/sh−36,745$3,354,958→ 28,165 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$93.32/sh−15,040$1,403,602→ 400 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$94.08/sh−400$37,634→ 0 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-05-24+23,946→ 44,592 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-21+82,839→ 82,839 total(indirect: See footnotes) - Other
Class B Common Stock
2021-05-21−82,839→ 2,724,594 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-24+20,646→ 20,646 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-24−23,946→ 3,136,112 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-24$90.70/sh−15,766$1,429,910→ 20,241 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-24$91.72/sh−6,249$573,150→ 13,992 total(indirect: See footnote) - Conversion
LLC Interests
2021-05-24−20,646→ 2,703,948 total(indirect: See footnotes)→ Class A Common Stock (20,646 underlying) - Other
Class B Common Stock
2021-05-24−20,646→ 2,703,948 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-24$89.57/sh−8,585$768,981→ 36,007 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-24$92.66/sh−13,992$1,296,471→ 0 total(indirect: See footnote) - Conversion
LLC Interests
2021-05-21−82,839→ 2,724,594 total(indirect: See footnotes)→ Class A Common Stock (82,839 underlying)
Transactions
- Conversion
Class C Common Stock
2021-05-21−96,078→ 3,160,058 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-21+82,839→ 82,839 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-21+96,078→ 178,917 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$91.30/sh−36,745$3,354,958→ 28,165 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$93.32/sh−15,040$1,403,602→ 400 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-24$89.57/sh−8,585$768,981→ 36,007 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-24$91.72/sh−6,249$573,150→ 13,992 total(indirect: See footnote) - Other
Class B Common Stock
2021-05-21−82,839→ 2,724,594 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$90.16/sh−55,500$5,003,763→ 64,910 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$92.58/sh−12,725$1,178,105→ 15,440 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-05-24+20,646→ 20,646 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-24+23,946→ 44,592 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-24$90.70/sh−15,766$1,429,910→ 20,241 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-24$92.66/sh−13,992$1,296,471→ 0 total(indirect: See footnote) - Conversion
LLC Interests
2021-05-21−82,839→ 2,724,594 total(indirect: See footnotes)→ Class A Common Stock (82,839 underlying) - Conversion
LLC Interests
2021-05-24−20,646→ 2,703,948 total(indirect: See footnotes)→ Class A Common Stock (20,646 underlying) - Other
Class B Common Stock
2021-05-24−20,646→ 2,703,948 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-24−23,946→ 3,136,112 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$89.29/sh−58,507$5,224,119→ 120,410 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$94.08/sh−400$37,634→ 0 total(indirect: See footnote)
Searchlight Capital II PV, L.P.
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-05-24+23,946→ 44,592 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-21+82,839→ 82,839 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-21−96,078→ 3,160,058 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$89.29/sh−58,507$5,224,119→ 120,410 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$90.16/sh−55,500$5,003,763→ 64,910 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$92.58/sh−12,725$1,178,105→ 15,440 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$93.32/sh−15,040$1,403,602→ 400 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$94.08/sh−400$37,634→ 0 total(indirect: See footnote) - Other
Class B Common Stock
2021-05-21−82,839→ 2,724,594 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-21+96,078→ 178,917 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$91.30/sh−36,745$3,354,958→ 28,165 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-05-24+20,646→ 20,646 total(indirect: See footnotes) - Other
Class B Common Stock
2021-05-24−20,646→ 2,703,948 total(indirect: See footnotes) - Conversion
Class C Common Stock
2021-05-24−23,946→ 3,136,112 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-24$90.70/sh−15,766$1,429,910→ 20,241 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-24$91.72/sh−6,249$573,150→ 13,992 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-24$89.57/sh−8,585$768,981→ 36,007 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-24$92.66/sh−13,992$1,296,471→ 0 total(indirect: See footnote) - Conversion
LLC Interests
2021-05-21−82,839→ 2,724,594 total(indirect: See footnotes)→ Class A Common Stock (82,839 underlying) - Conversion
LLC Interests
2021-05-24−20,646→ 2,703,948 total(indirect: See footnotes)→ Class A Common Stock (20,646 underlying)
Searchlight Capital II, L.P.
10% Owner
Transactions
- Conversion
Class C Common Stock
2021-05-24−23,946→ 3,136,112 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-24$89.57/sh−8,585$768,981→ 36,007 total(indirect: See footnotes) - Other
Class B Common Stock
2021-05-21−82,839→ 2,724,594 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$92.58/sh−12,725$1,178,105→ 15,440 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$94.08/sh−400$37,634→ 0 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-24$91.72/sh−6,249$573,150→ 13,992 total(indirect: See footnote) - Conversion
LLC Interests
2021-05-24−20,646→ 2,703,948 total(indirect: See footnotes)→ Class A Common Stock (20,646 underlying) - Conversion
LLC Interests
2021-05-21−82,839→ 2,724,594 total(indirect: See footnotes)→ Class A Common Stock (82,839 underlying) - Sale
Class A Common Stock
2021-05-21$90.16/sh−55,500$5,003,763→ 64,910 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$93.32/sh−15,040$1,403,602→ 400 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-05-24+20,646→ 20,646 total(indirect: See footnotes) - Other
Class B Common Stock
2021-05-24−20,646→ 2,703,948 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-24$92.66/sh−13,992$1,296,471→ 0 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-05-21+82,839→ 82,839 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-21+96,078→ 178,917 total(indirect: See footnotes) - Sale
Class A Common Stock
2021-05-21$89.29/sh−58,507$5,224,119→ 120,410 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-21$91.30/sh−36,745$3,354,958→ 28,165 total(indirect: See footnote) - Sale
Class A Common Stock
2021-05-24$90.70/sh−15,766$1,429,910→ 20,241 total(indirect: See footnote) - Conversion
Class C Common Stock
2021-05-21−96,078→ 3,160,058 total(indirect: See footnotes) - Conversion
Class A Common Stock
2021-05-24+23,946→ 44,592 total(indirect: See footnotes)
Footnotes (17)
- [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 $91.98 to $92.915. 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 $93.04 to $94.025. 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 1,942 Class A Common Stock held of record by Searchlight Capital II, L.P., 22,004 Class A Common Stock held of record by Searchlight Capital II PV, L.P. and 20,646 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 $89.23 to $90.22. 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.235 to $91.16. 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.
- [F15]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.24 to $92.12. 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.
- [F16]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.29 to $92.94. 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.
- [F17]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 254,285 Class C Common Stock held of record by Searchlight Capital II, L.P. and 2,881,827 Class C Common Stock held directly by Searchlight Capital II PV, L.P.
- [F6]Following the conversion of shares, represents 7,790 Class A Common Stock held of record by Searchlight Capital II, L.P., 88,288 Class A Common Stock held of record by Searchlight Capital II PV, L.P. and 82,839 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 $88.91 to $89.91. 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 $89.915 to $90.91. 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 $90.93 to $91.93. 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 24, 8:00 PM ET
- Accepted
- May 25, 9:05 PM ET
- Size
- 54.5 KB