Partners Group Private Equity (Master Fund), LLC 4
4 · Life Time Group Holdings, Inc. · Filed Oct 13, 2021
Insider Transaction Report
Form 4
Transactions
- Conversion
Common Stock
2021-10-12+301,571→ 6,301,571 total(indirect: See footnote) - Purchase
Common Stock
2021-10-12$18.00/sh+277,777$4,999,986→ 6,579,348 total(indirect: See footnote) - Conversion
Series A Preferred Stock
2021-10-12−244,856→ 0 total(indirect: See footnote)→ Common Stock (301,571 underlying)
Footnotes (5)
- [F1]Each share of Life Time Group Holdings, Inc.'s (the "Issuer") Series A Preferred Stock (the "Series A Preferred Stock") automatically converted into shares of the Issuer's common stock (the "Common Stock") upon the closing of the Issuer's initial public offering, for no additional consideration, in accordance with the Certificate of Designations of the Series A Preferred Stock. The Series A Preferred Stock had no expiration date.
- [F2]Partners Group Private Equity (Master Fund), LLC ("PG Master Fund") directly held 140,583 shares of Series A Preferred Stock, Partners Group Private Equity II, LLC ("PG PE II") directly held 3,218 shares of Series A Preferred Stock and Partners Group Access 83 PF LP ("PG Access 83") directly held 101,055 shares of Series A Preferred Stock.
- [F3]PG Master Fund, PG PE II, PG Access 83 and Partners Group Series Access II, LLC, Series 61 ("PG Series 61") are indirectly controlled by Partners Group Holding AG ("Partners Group"). Each of PG Master Fund, PG PE II, PG Access 83 and PG Series 61 disclaims beneficial ownership of any securities that it does not directly beneficially own, except to the extent of its pecuniary interest, if any, therein.
- [F4]3,305,146 of such shares of Common Stock are directly held by PG Master Fund, 3,963 of such shares are directly held by PG PE II, 124,462 of such shares are directly held by PG Access 83 and 2,868,000 of such shares are directly held by PG Series 61.
- [F5]3,464,630 of such shares of Common Stock are directly held by PG Master Fund, 7,614 of such shares are directly held by PG PE II, 239,104 of such shares are directly held by PG Access 83 and 2,868,000 of such shares are directly held by PG Series 61.