CLAIRVEST GROUP INC 4
4 · Digital Media Solutions, Inc. · Filed Jul 21, 2020
Insider Transaction Report
Form 4
Digital Media Solutions, Inc.DMS;DMS WS
CLAIRVEST GROUP INC
10% Owner
Transactions
- Conversion
Class C Common Stock
2020-07-17−17,937,954→ 0 total(indirect: See footnotes)→ Class A Common Stock (17,937,954 underlying) - Conversion
Class A Common Stock
2020-07-17+17,937,954→ 17,937,954 total(indirect: See footnotes)
Footnotes (4)
- [F1]Each share of the Issuer's Class C Common Stock ("Class C Common Stock") was convertible, at any time and at the option of the holder, into one share of the Issuer's Class A Common Stock ("Class A Common Stock").
- [F2]Clairvest Group Inc. ("CG") indirectly owns 17,937,954 shares of the Class A Common Stock, which consist of (i) 11,879,938 shares directly owned by Clairvest Equity Partners V Limited Partnership ("CEP V"); and (ii) 6,058,016 shares directly owned by CEP V Co-Investment Limited Partnership ("CEP Co-Invest"). Each of CEP V and CEP Co-Invest is an indirect subsidiary of CG.
- [F3]The Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein.
- [F4]CG indirectly owned 17,937,954 shares of the Class C Common Stock, which consisted of (i) 11,879,938 shares directly owned by CEP V; and (ii) 6,058,016 shares directly owned by CEP Co-Invest.