Home/Filings/3/0000899243-21-028370
3//SEC Filing

Kennedy Lewis Investment Holdings LLC 3

Accession 0000899243-21-028370

CIK 0001788717other

Filed

Jul 13, 8:00 PM ET

Accepted

Jul 14, 7:03 PM ET

Size

23.2 KB

Accession

0000899243-21-028370

Insider Transaction Report

Form 3
Period: 2021-07-14
Kennedy Lewis GP LLC
Director10% Owner
Holdings
  • Convertible Notes

    (indirect: See Footnotes)
    Common Stock (8,169,522 underlying)
  • Convertible Notes

    (indirect: See Footnotes)
    Common Stock (2,109,759 underlying)
Kennedy Lewis GP II LLC
Director10% Owner
Holdings
  • Convertible Notes

    (indirect: See Footnotes)
    Common Stock (2,109,759 underlying)
  • Convertible Notes

    (indirect: See Footnotes)
    Common Stock (8,169,522 underlying)
Holdings
  • Convertible Notes

    (indirect: See Footnotes)
    Common Stock (2,109,759 underlying)
  • Convertible Notes

    (indirect: See Footnotes)
    Common Stock (8,169,522 underlying)
Holdings
  • Convertible Notes

    (indirect: See Footnotes)
    Common Stock (8,169,522 underlying)
  • Convertible Notes

    (indirect: See Footnotes)
    Common Stock (2,109,759 underlying)
Holdings
  • Convertible Notes

    (indirect: See Footnotes)
    Common Stock (8,169,522 underlying)
  • Convertible Notes

    (indirect: See Footnotes)
    Common Stock (2,109,759 underlying)
Holdings
  • Convertible Notes

    (indirect: See Footnotes)
    Common Stock (8,169,522 underlying)
  • Convertible Notes

    (indirect: See Footnotes)
    Common Stock (2,109,759 underlying)
Holdings
  • Convertible Notes

    (indirect: See Footnotes)
    Common Stock (8,169,522 underlying)
  • Convertible Notes

    (indirect: See Footnotes)
    Common Stock (2,109,759 underlying)
Footnotes (8)
  • [F1]These securities of F45 Training Holdings Inc. (the "Issuer") are held directly by Kennedy Lewis Capital Partners Master Fund LP ("Master Fund I").
  • [F2]These securities of the Issuer are held directly by Kennedy Lewis Capital Partners Master Fund II LP ("Master Fund II", and together with Master Fund I, the "Funds").
  • [F3]Kennedy Lewis Management LP (the "Adviser") acts as investment adviser to the Funds. KLM GP LLC ("KLM") is the general partner of the Adviser. Kennedy Lewis Investment Management LLC ("Kennedy Lewis") is the owner and control person of KLM. David Chene and Darren Richman are the managing members and control persons of Kennedy Lewis. Each of the Adviser, KLM and Kennedy Lewis may be deemed to exercise voting and investment power over and thus may be deemed to beneficially own the securities of the Issuer held by each of the Funds due to their relationship with the Funds. Kennedy Lewis GP LLC ("Fund I GP") is the general partner of Master Fund I. Kennedy Lewis Investment Holdings LLC ("Holdings I") is the managing member of Fund I GP. David Chene and Darren Richman are the managing members of Holdings I.
  • [F4](Continued from footnote 3) Each of Fund I GP and Holdings I may be deemed to exercise voting and investment power over and thus may be deemed to beneficially own the securities of the Issuer held by Master Fund I due to their relationship with Master Fund I. Kennedy Lewis GP II LLC ("Fund II GP") is the general partner Master Fund II. Kennedy Lewis Investment Holdings II LLC ("Holdings II") is the managing member of Fund II GP. David Chene and Darren Richman are the managing members of Holdings II. Each of Fund II GP and Holdings II may be deemed to exercise voting and investment power over and thus may be deemed to beneficially own the securities held by Master Fund II due to their relationship with Master Fund II.
  • [F5](Continued from footnote 4) David Chene and Darren Richman, in their capacities as managing members of Kennedy Lewis, and managing members of each of Holdings I and Holdings II, may be deemed to exercise voting and investment power over and thus may be deemed to beneficially own the securities held by each of the Funds due to their relationships with the Funds.
  • [F6]For purposes of Section 16 of the Securities Exchange Act of 1934, each of the Adviser, KLM, Kennedy Lewis, Fund I GP, Holdings I, Fund II GP, Holdings II, David Chene and Darren Richman disclaims beneficial ownership of the securities of the Issuer held directly by the Funds except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any of the Adviser, KLM, Kennedy Lewis, Fund I GP, Holdings I, Fund II GP, Holdings II, David Chene or Darren Richman is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
  • [F7]Represents approximately $14.2 million principal amount of the Issuer's convertible notes ("Convertible Notes") held directly by Master Fund I. Such Convertible Notes are presently convertible and will automatically convert into 2,109,759 shares of the Issuer's Common Stock immediately prior to the consummation of the Issuer's initial public offering of Common Stock. The Convertible Notes mature five years after the initial October 6, 2020 issuance date.
  • [F8]Represents approximately $55.0 million principal amount of Convertible Notes held directly by Master Fund II. Such Convertible Notes are presently convertible and will automatically convert into 8,169,522 shares of the Issuer's Common Stock immediately prior to the consummation of the Issuer's initial public offering of Common Stock. The Convertible Notes mature five years after the initial October 6, 2020 issuance date.

Issuer

F45 Training Holdings Inc.

CIK 0001788717

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001854651

Filing Metadata

Form type
3
Filed
Jul 13, 8:00 PM ET
Accepted
Jul 14, 7:03 PM ET
Size
23.2 KB