Form 4 for STGW Stagwell Inc
Accepted 2021-11-10 00:00:00 ET · period of report 2021-11-08 · accession 0000895345-21-000954 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2021-11-10 | 2021-11-08 | STGW | Broad Street Principal Investments, L.L.C. | 10% | C - Cnv Deriv | — | +20.95M | 20.96M | +161,975% | — |
| DI | 2021-11-10 | 2021-11-08 | STGW | Broad Street Principal Investments, L.L.C. | 10% | C - Cnv Deriv | — | -73.8K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-11-08 | C | A | 20,948,746 | — | 20,961,679.33 | I See of Explanation of Responses | — | — | (F2) On September 23, 2021, the 73,849 shares of Series 8 Convertible Preferred Stock, par value $0.001 per share of the Issuer (the "Series 8 Preferred Stock"), held in the aggregate by BSPI, and the Employee Funds, converted automatically into 20,948,746 shares of Class A Common Stock of the Issuer and had no expiration date. (F3) Because of the relationship by and between GS Group, Goldman Sachs, BSPI and the Employee Funds, GS Group and Goldman Sachs may be deemed (for purposes of Rule 13d-3(a) and Rule 16a-1(a) only and not for any other applicable purpose) to beneficially own an aggregate of 20,961,679.33 shares of Class A Common Stock, consisting of (i) 17,420,458 shares of Class A Common Stock (delivered to BSPI upon conversion of the Series 8 Preferred Stock directly held by BSPI), (ii) 2,604,942 shares of Class A Common Stock (delivered to SB Employee Fund Offshore upon conversion of the Series 8 Preferred Stock directly held by SB Employee Fund Offshore), and (iii) 923,346 shares of Class A Common Stock (delivered to SB Employee Fund upon conversion of the Series 8 Preferred Stock directly held by SB Employee Fund) and (iv) Goldman Sachs beneficially owns directly and GS Group may be deemed to beneficially own indirectly 12,933.33 shares of Class A Common Stock of the Issuer. (F1) This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group"), Goldman, Sachs & Co. LLC ("Goldman Sachs"), Broad Street Principal Investments, L.L.C. ("BSPI"), StoneBridge 2017, L.P. ("SB Employee Fund"), StoneBridge 2017 Offshore, L.P. ("SB Employee Fund Offshore," and together with SB Employee Fund, the "Employee Funds") and Bridge Street Opportunity Advisors, L.L.C ("Bridge Street"). Goldman Sachs is a subsidiary of GS Group. Goldman Sachs is the manager of BSPI and Bridge Street and the investment manager of the Employee Funds. GS Group is the direct owner of Bridge Street. Bridge Street is the general partner of each Employee Fund. |
| 2 | Derivative | Series 8 Preferred Shares | 2021-11-08 | C | D | 73,849 | — | 0 | I See of Explanation of Responses | — · — to — | 20,948,746 Class A Common Stock | (F2) On September 23, 2021, the 73,849 shares of Series 8 Convertible Preferred Stock, par value $0.001 per share of the Issuer (the "Series 8 Preferred Stock"), held in the aggregate by BSPI, and the Employee Funds, converted automatically into 20,948,746 shares of Class A Common Stock of the Issuer and had no expiration date. (F3) Because of the relationship by and between GS Group, Goldman Sachs, BSPI and the Employee Funds, GS Group and Goldman Sachs may be deemed (for purposes of Rule 13d-3(a) and Rule 16a-1(a) only and not for any other applicable purpose) to beneficially own an aggregate of 20,961,679.33 shares of Class A Common Stock, consisting of (i) 17,420,458 shares of Class A Common Stock (delivered to BSPI upon conversion of the Series 8 Preferred Stock directly held by BSPI), (ii) 2,604,942 shares of Class A Common Stock (delivered to SB Employee Fund Offshore upon conversion of the Series 8 Preferred Stock directly held by SB Employee Fund Offshore), and (iii) 923,346 shares of Class A Common Stock (delivered to SB Employee Fund upon conversion of the Series 8 Preferred Stock directly held by SB Employee Fund) and (iv) Goldman Sachs beneficially owns directly and GS Group may be deemed to beneficially own indirectly 12,933.33 shares of Class A Common Stock of the Issuer. (F1) This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group"), Goldman, Sachs & Co. LLC ("Goldman Sachs"), Broad Street Principal Investments, L.L.C. ("BSPI"), StoneBridge 2017, L.P. ("SB Employee Fund"), StoneBridge 2017 Offshore, L.P. ("SB Employee Fund Offshore," and together with SB Employee Fund, the "Employee Funds") and Bridge Street Opportunity Advisors, L.L.C ("Bridge Street"). Goldman Sachs is a subsidiary of GS Group. Goldman Sachs is the manager of BSPI and Bridge Street and the investment manager of the Employee Funds. GS Group is the direct owner of Bridge Street. Bridge Street is the general partner of each Employee Fund. |