4//SEC Filing
PAGAC Drone Holding GP I Ltd 4
Accession 0000903423-19-000167
CIK 0001628369other
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 5:04 PM ET
Size
9.7 KB
Accession
0000903423-19-000167
Insider Transaction Report
Form 4
PAGAC Drone Holding GP I Ltd
10% Owner
Transactions
- Sale
Ordinary Shares, $0.10 nominal value per share
2019-03-22$17.08/sh−74,660$1,275,521→ 954,909 total(indirect: See Explanation of Responses) - Sale
Ordinary Shares, $0.10 nominal value per share
2019-03-22$17.08/sh−0$0→ 50,448,914 total
Footnotes (5)
- [F1]The Reporting Person is the general partner of PAGAC Drone Holding I LP ("PAGAC" and, together with the Reporting Person, the "PAG Entities").
- [F2]PAGAC is the direct holder of depositary receipts representing 50,448,914 Ordinary Shares.
- [F3]PAGAC holds a 37.33% partnership interest in (i) DTZ Investment Holdings LP ("Holdings LP") and (ii) DTZ Investment Holdings GenPar LLP ("DTZ GenPar"), the general partner of Holdings LP. DTZ GenPar, acting as general partner of Holdings LP, holds depositary receipts representing 2,558,022 Ordinary Shares of the Issuer for the benefit of the limited partners of Holdings LP. Because of the relationship between the PAG Entities, Holdings LP and DTZ GenPar, the PAG Entities may be deemed, pursuant to Rule 13d-3 under the Securities Exchange Act of 1934, as amended, to beneficially own the Ordinary Shares beneficially owned in the aggregate by Holdings LP and DTZ GenPar. Each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned in the aggregate by Holdings LP, DTZ GenPar or any future distributees, except to the extent of such PAG Entity's pecuniary interest therein, if any.
- [F4]Messrs. Jon Robert Lewis, David Jaemin Kim and Noel Walsh and Ms. Tamara Williams have been delegated, in accordance with certain proxy voting guidelines, the authority to implement voting decisions and the authority to implement disposition decisions with respect to shares indirectly held by PAGAC Drone Holding GP I Limited, including the 51,403,823 ordinary shares. Each of Messrs. Lewis, Kim and Walsh and Ms. Williams expressly disclaims beneficial ownership of such shares.
- [F5]The PAG Entities entered into a Stockholders Agreement, dated as of August 6, 2018, with certain other holders (the "Holders") of Ordinary Shares. Pursuant to the Stockholders Agreement, the PAG Entities and the Holders have agreed to, among other things, vote their Ordinary Shares to elect members of the Board of Directors of the Issuer as set forth therein. Because of the relationship between the PAG Entities and the Holders as a result of the Stockholders Agreement, the Reporting Person may be deemed, pursuant to Rule 13d-3 under the Act, to beneficially own the Ordinary Shares beneficially owned by the Holders. The Reporting Person and each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned by the Holders, except to the extent of its pecuniary interest therein, if any.
Documents
Issuer
Cushman & Wakefield plc
CIK 0001628369
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001748609
Filing Metadata
- Form type
- 4
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 5:04 PM ET
- Size
- 9.7 KB