Home/Filings/4/0001567619-19-008767

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Metro SPV LLC 4

Accession 0001567619-19-008767

CIK 0001404624other

View on SEC.gov Company Profile

Filed

Apr 11, 8:00 PM ET

Accepted

Apr 12, 8:34 PM ET

Size

39.5 KB

Accession

0001567619-19-008767

Insider Transaction Report

Form 4

Period: 2019-04-10

Affinion Group Holdings, Inc.AFGR

ICG FMC Ltd

10% Owner

Transactions

Other
New Investor Warrants
2019-04-10+284,494→ 284,494 total
Exercise: $67.12Exp: 2024-04-10→ Common Stock (284,494 underlying)
Other
(New) Common Stock, par value $0.000001 per share
2019-04-10+144,409→ 144,409 total
Other
(Old) Common Stock, par value $0.01 per share
2019-04-10−2,487,391→ 0 total
Exercise of In-Money
Warrant (right to buy)
2019-04-10−113,536→ 0 total
Exercise: $0.01From: 2017-05-10Exp: 2022-11-10→ Common Stock (113,536 underlying)
Other
New Penny Warrants
2019-04-10+1,453,149→ 1,453,149 total
Exercise: $0.01→ Common Stock (1,453,149 underlying)
Other
Class M Common Stock, par value $0.01 per share
2019-04-10+144,409→ 144,409 total
Other
Class C Common Stock, $0.01 par value per share
2019-04-10−522→ 0 total
Exercise: $67.14→ Common Stock (522 underlying)
Other
Class D Common Stock, $0.01 par value per share
2019-04-10−549→ 0 total
Exercise: $88.07→ Common Stock (549 underlying)
Exercise of In-Money
Warrant (right to buy)
2019-04-10−462,266→ 0 total
Exercise: $0.01From: 2015-11-09Exp: 2022-11-09→ Common Stock (462,266 underlying)
Exercise of In-Money
Warrant (right to buy)
2019-04-10−112,590→ 0 total
Exercise: $0.01From: 2017-07-17Exp: 2022-11-10→ Common Stock (112,590 underlying)
Other
Class M Common Stock, par value $0.01 per share
2019-04-10−144,409→ 0 total

Intermediate Capital Group plc

10% Owner

Transactions

Other
Class M Common Stock, par value $0.01 per share
2019-04-10+144,409→ 144,409 total
Exercise of In-Money
Warrant (right to buy)
2019-04-10−112,590→ 0 total
Exercise: $0.01From: 2017-07-17Exp: 2022-11-10→ Common Stock (112,590 underlying)
Other
New Investor Warrants
2019-04-10+284,494→ 284,494 total
Exercise: $67.12Exp: 2024-04-10→ Common Stock (284,494 underlying)
Exercise of In-Money
Warrant (right to buy)
2019-04-10−462,266→ 0 total
Exercise: $0.01From: 2015-11-09Exp: 2022-11-09→ Common Stock (462,266 underlying)
Other
(New) Common Stock, par value $0.000001 per share
2019-04-10+144,409→ 144,409 total
Other
(Old) Common Stock, par value $0.01 per share
2019-04-10−2,487,391→ 0 total
Exercise of In-Money
Warrant (right to buy)
2019-04-10−113,536→ 0 total
Exercise: $0.01From: 2017-05-10Exp: 2022-11-10→ Common Stock (113,536 underlying)
Other
New Penny Warrants
2019-04-10+1,453,149→ 1,453,149 total
Exercise: $0.01→ Common Stock (1,453,149 underlying)
Other
Class C Common Stock, $0.01 par value per share
2019-04-10−522→ 0 total
Exercise: $67.14→ Common Stock (522 underlying)
Other
Class D Common Stock, $0.01 par value per share
2019-04-10−549→ 0 total
Exercise: $88.07→ Common Stock (549 underlying)
Other
Class M Common Stock, par value $0.01 per share
2019-04-10−144,409→ 0 total

Metro SPV LLC

10% Owner

Transactions

Exercise of In-Money
Warrant (right to buy)
2019-04-10−462,266→ 0 total
Exercise: $0.01From: 2015-11-09Exp: 2022-11-09→ Common Stock (462,266 underlying)
Other
New Investor Warrants
2019-04-10+284,494→ 284,494 total
Exercise: $67.12Exp: 2024-04-10→ Common Stock (284,494 underlying)
Other
(New) Common Stock, par value $0.000001 per share
2019-04-10+144,409→ 144,409 total
Other
(Old) Common Stock, par value $0.01 per share
2019-04-10−2,487,391→ 0 total
Exercise of In-Money
Warrant (right to buy)
2019-04-10−113,536→ 0 total
Exercise: $0.01From: 2017-05-10Exp: 2022-11-10→ Common Stock (113,536 underlying)
Other
New Penny Warrants
2019-04-10+1,453,149→ 1,453,149 total
Exercise: $0.01→ Common Stock (1,453,149 underlying)
Other
Class M Common Stock, par value $0.01 per share
2019-04-10+144,409→ 144,409 total
Other
Class M Common Stock, par value $0.01 per share
2019-04-10−144,409→ 0 total
Other
Class C Common Stock, $0.01 par value per share
2019-04-10−522→ 0 total
Exercise: $67.14→ Common Stock (522 underlying)
Exercise of In-Money
Warrant (right to buy)
2019-04-10−112,590→ 0 total
Exercise: $0.01From: 2017-07-17Exp: 2022-11-10→ Common Stock (112,590 underlying)
Other
Class D Common Stock, $0.01 par value per share
2019-04-10−549→ 0 total
Exercise: $88.07→ Common Stock (549 underlying)

ICG Strategic Secondaries II GP LP

10% Owner

Transactions

Other
(New) Common Stock, par value $0.000001 per share
2019-04-10+144,409→ 144,409 total
Other
(Old) Common Stock, par value $0.01 per share
2019-04-10−2,487,391→ 0 total
Exercise of In-Money
Warrant (right to buy)
2019-04-10−462,266→ 0 total
Exercise: $0.01From: 2015-11-09Exp: 2022-11-09→ Common Stock (462,266 underlying)
Other
New Penny Warrants
2019-04-10+1,453,149→ 1,453,149 total
Exercise: $0.01→ Common Stock (1,453,149 underlying)
Other
Class M Common Stock, par value $0.01 per share
2019-04-10+144,409→ 144,409 total
Exercise of In-Money
Warrant (right to buy)
2019-04-10−113,536→ 0 total
Exercise: $0.01From: 2017-05-10Exp: 2022-11-10→ Common Stock (113,536 underlying)
Other
Class C Common Stock, $0.01 par value per share
2019-04-10−522→ 0 total
Exercise: $67.14→ Common Stock (522 underlying)
Other
New Investor Warrants
2019-04-10+284,494→ 284,494 total
Exercise: $67.12Exp: 2024-04-10→ Common Stock (284,494 underlying)
Other
Class M Common Stock, par value $0.01 per share
2019-04-10−144,409→ 0 total
Exercise of In-Money
Warrant (right to buy)
2019-04-10−112,590→ 0 total
Exercise: $0.01From: 2017-07-17Exp: 2022-11-10→ Common Stock (112,590 underlying)
Other
Class D Common Stock, $0.01 par value per share
2019-04-10−549→ 0 total
Exercise: $88.07→ Common Stock (549 underlying)

ICG Strategic Secondaries Associates II LLC

10% Owner

Transactions

Other
Class M Common Stock, par value $0.01 per share
2019-04-10+144,409→ 144,409 total
Other
(Old) Common Stock, par value $0.01 per share
2019-04-10−2,487,391→ 0 total
Other
Class M Common Stock, par value $0.01 per share
2019-04-10−144,409→ 0 total
Other
Class D Common Stock, $0.01 par value per share
2019-04-10−549→ 0 total
Exercise: $88.07→ Common Stock (549 underlying)
Other
New Investor Warrants
2019-04-10+284,494→ 284,494 total
Exercise: $67.12Exp: 2024-04-10→ Common Stock (284,494 underlying)
Other
(New) Common Stock, par value $0.000001 per share
2019-04-10+144,409→ 144,409 total
Exercise of In-Money
Warrant (right to buy)
2019-04-10−113,536→ 0 total
Exercise: $0.01From: 2017-05-10Exp: 2022-11-10→ Common Stock (113,536 underlying)
Other
Class C Common Stock, $0.01 par value per share
2019-04-10−522→ 0 total
Exercise: $67.14→ Common Stock (522 underlying)
Other
New Penny Warrants
2019-04-10+1,453,149→ 1,453,149 total
Exercise: $0.01→ Common Stock (1,453,149 underlying)
Exercise of In-Money
Warrant (right to buy)
2019-04-10−462,266→ 0 total
Exercise: $0.01From: 2015-11-09Exp: 2022-11-09→ Common Stock (462,266 underlying)
Exercise of In-Money
Warrant (right to buy)
2019-04-10−112,590→ 0 total
Exercise: $0.01From: 2017-07-17Exp: 2022-11-10→ Common Stock (112,590 underlying)

Intermediate Capital Group, Inc.

10% Owner

Transactions

Other
(Old) Common Stock, par value $0.01 per share
2019-04-10−2,487,391→ 0 total
Exercise of In-Money
Warrant (right to buy)
2019-04-10−113,536→ 0 total
Exercise: $0.01From: 2017-05-10Exp: 2022-11-10→ Common Stock (113,536 underlying)
Other
New Investor Warrants
2019-04-10+284,494→ 284,494 total
Exercise: $67.12Exp: 2024-04-10→ Common Stock (284,494 underlying)
Other
Class M Common Stock, par value $0.01 per share
2019-04-10+144,409→ 144,409 total
Other
Class M Common Stock, par value $0.01 per share
2019-04-10−144,409→ 0 total
Exercise of In-Money
Warrant (right to buy)
2019-04-10−112,590→ 0 total
Exercise: $0.01From: 2017-07-17Exp: 2022-11-10→ Common Stock (112,590 underlying)
Other
Class C Common Stock, $0.01 par value per share
2019-04-10−522→ 0 total
Exercise: $67.14→ Common Stock (522 underlying)
Other
Class D Common Stock, $0.01 par value per share
2019-04-10−549→ 0 total
Exercise: $88.07→ Common Stock (549 underlying)
Other
(New) Common Stock, par value $0.000001 per share
2019-04-10+144,409→ 144,409 total
Exercise of In-Money
Warrant (right to buy)
2019-04-10−462,266→ 0 total
Exercise: $0.01From: 2015-11-09Exp: 2022-11-09→ Common Stock (462,266 underlying)
Other
New Penny Warrants
2019-04-10+1,453,149→ 1,453,149 total
Exercise: $0.01→ Common Stock (1,453,149 underlying)

Footnotes (5)

[F1]On April 10, 2019, Metro SPV LLC completed the transactions described in the Issuer's Current Report on Form 8-K filed March 4, 2019 (the "Restructuring"). In connection with the Restructuring: ? Metro SPV LLC received 144,409 shares of the Issuer's Class M Common Stock, par value $0.01 per share (the "Class M Common Stock") and warrants (the "New Penny Warrants") to purchase 1,453,149 shares of common stock, par value $0.000001 per share (the "New Common Stock") in exchange for debt obligations of the Issuer owing to in the aggregate amount of $94,837,764 and as consideration for agreeing to purchase certain new debt obligations of the Issuer; ? the 144,409 shares of Class M Common Stock were immediately converted into 144,409 shares of New Common Stock; and ? all existing warrants held by Metro SPV LLC were exercised according to their terms for shares of common stock, par value $0.01 per share (the "Old Common Stock").
[F2]On April 10, 2019, in connection with the Restructuring: ? all shares of Old Common Stock (including shares acquired as a result of the warrant exercises described above) held by Metro SPV LLC were exchanged for warrants to purchase 284,494 shares of New Common Stock (the "New Investor Warrants"); and ? Metro SPV LLC surrendered all shares of Class C Common Stock, $0.01 par value per share (the "Class C Common Stock") and Class D Common Stock, $0.01 par value per share (the "Class D Common Stock") in exchange for $0.01 in cash per share. The New Penny Warrants have no expiration date. The New Penny Warrants and New Investor Warrants cannot be exercised until such time as any required consent has been obtained from the U.K. Financial Conduct Authority. Such consent has not been obtained.
[F3]This Form 4 is being filed jointly pursuant to Rule 16a-1(a)(3) and Rule 16a-3(j) under the Securities Exchange Act of 1934, as amended (the "Exchange Act") to report the beneficial ownership of Metro SPV LLC (the "SPV"), ICG Strategic Secondaries II GP LP (the "Secondaries Fund GP"), ICG Strategic Equity Associates II LLC ("Equity Associates"), Intermediate Capital Group, Inc. ("ICG, Inc."), ICG FMC Limited ("ICG FMC") and Intermediate Capital Group plc ("ICG plc") (together, the "Reporting Persons").
[F4]The reported securities may be deemed to be owned directly by the SPV and indirectly by (a) the Equity Fund GP as the managing member of the SPV, (b) Equity Associates as the general partner of the Equity Fund GP, (c) ICG, Inc. as the sole managing member of Equity Associates, (d) ICG FMC as ICG, Inc. is its wholly-owned subsidiary and (e) ICG plc as ICG FMC is its wholly-owned subsidiary.
[F5]The Class C/D Common Stock has no expiration date.

Documents

1 file

4
doc1.xmlPrimary
FORM 4

Issuer

Affinion Group Holdings, Inc.

CIK 0001404624

→

Entity typeother

IncorporatedDE

Related Parties

filerCIK 0001704963

Filing Metadata

Form type: 4
Filed: Apr 11, 8:00 PM ET
Accepted: Apr 12, 8:34 PM ET
Size: 39.5 KB

View on SEC.gov