Home/Filings/4/0001104659-21-147358
4//SEC Filing

Abdou Sherif 4

Accession 0001104659-21-147358

CIK 0001832511other

Filed

Dec 6, 7:00 PM ET

Accepted

Dec 7, 9:16 PM ET

Size

32.6 KB

Accession

0001104659-21-147358

Insider Transaction Report

Form 4
Period: 2021-12-03
Abdou Sherif
DirectorChief Executive Officer10% Owner
Transactions
  • Award

    Class V Common Stock

    2021-12-03$140.84/sh+1,408,437$198,364,2671,408,437 total(indirect: By Trust)
  • Award

    Common Units

    2021-12-03+9,626,0759,626,075 total(indirect: By NA 2021 GRAT)
    Class A Common Stock (9,626,075 underlying)
  • Award

    Class V Common Stock

    2021-12-03$305.85/sh+3,058,479$935,435,8023,058,479 total(indirect: By Trust)
  • Award

    Class V Common Stock

    2021-12-03$305.85/sh+3,058,479$935,435,8023,058,479 total(indirect: By Trust)
  • Award

    Common Units

    2021-12-03+1,408,4371,408,437 total(indirect: By Trust)
    Class A Common Stock (1,408,437 underlying)
  • Award

    Class V Common Stock

    2021-12-03$962.61/sh+9,626,075$9,266,156,0569,626,075 total(indirect: By NA 2021 GRAT)
  • Award

    Class V Common Stock

    2021-12-03$962.61/sh+9,626,075$9,266,156,0569,626,075 total(indirect: By SA 2021 GRAT)
  • Award

    Common Units

    2021-12-03+3,058,4793,058,479 total(indirect: By Trust)
    Class A Common Stock (3,058,479 underlying)
  • Award

    Common Units

    2021-12-03+9,626,0759,626,075 total(indirect: By SA 2021 GRAT)
    Class A Common Stock (9,626,075 underlying)
  • Award

    Common Units

    2021-12-03+1,408,4371,408,437 total(indirect: By Trust)
    Class A Common Stock (1,408,437 underlying)
  • Award

    Class V Common Stock

    2021-12-03$140.84/sh+1,408,437$198,364,2671,408,437 total(indirect: By Trust)
  • Award

    Common Units

    2021-12-03+3,058,4793,058,479 total(indirect: By Trust)
    Class A Common Stock (3,058,479 underlying)
Footnotes (12)
  • [F1]Upon the redemption of any Common Units (as defined below), a number of shares of Class V Common Stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.
  • [F10]These securities are held by the SA 2021 GRAT, a grantor retained annuity trust of which the reporting person and his spouse serve as trustees.
  • [F11]These securities are held by the SA 2021 Trust, a trust for the benefit of the reporting person and his children, of which the reporting person and his spouse serve as trustees.
  • [F12]These securities are held by the SA Charitable Trust, a charitable remainder trust of which the reporting person, his spouse and his children serve as trustees, and of which the reporting person and his spouse are beneficiaries.
  • [F2]Includes 906,068 shares of Class V common stock and 906,068 Common Units of P3 Health Group, LLC being held in escrow following the business combination described below until the resolution of a dispute among the former unitholders of P3 Health Group Holdings, LLC in accordance with the Merger Agreement (as defined below).
  • [F3]At the closing of the business combination pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), as described in the Issuer's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on October 28, 2021, as supplemented, the reporting person received Common Units of P3 Health Group, LLC (the "Common Units"), a direct subsidiary of the Issuer, as consideration for the common units of P3 Health Group Holdings, LLC. In connection with the receipt of Common Units, each recipient subscribed for an equal number of shares of Class V Common Stock of the Issuer for a purchase price equal to par value.
  • [F4]These securities are held by the NA 2021 GRAT, a grantor retained annuity trust of which the reporting person and his spouse serve as trustees.
  • [F5]The Common Units are redeemable at any time by the reporting person for, at the election of the Issuer, newly-issued Class A Common Stock of the Issuer on a one-for-one basis or a cash payment equal to the volume weighted average market price of one share of Class A Common Stock for each Common Unit redeemed. Upon the redemption of any Common Units, a number of shares of Class V Common Stock of the Issuer equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.
  • [F6]Includes 287,883 shares of Class V common stock and 287,883 Common Units of P3 Health Group, LLC being held in escrow following the business combination described above until the resolution of a dispute among the former unitholders of P3 Health Group Holdings, LLC in accordance with the Merger Agreement.
  • [F7]These securities are held by the NA 2021 Trust, a trust for the benefit of the reporting person and his children, of which the reporting person and his spouse serve as trustees.
  • [F8]Includes 132,571 shares of Class V common stock and 132,571 Common Units of P3 Health Group, LLC being held in escrow following the business combination described above until the resolution of a dispute among the former unitholders of P3 Health Group Holdings, LLC in accordance with the Merger Agreement.
  • [F9]These securities are held by the NA Charitable Trust, a charitable remainder trust of which the reporting person, his spouse and his children serve as trustees, and of which the reporting person and his spouse are beneficiaries.

Issuer

P3 Health Partners Inc.

CIK 0001832511

Entity typeother

Related Parties

1
  • filerCIK 0001890129

Filing Metadata

Form type
4
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 9:16 PM ET
Size
32.6 KB