Form 4 for FOUR Shift4 Payments, Inc.
Accepted 2021-08-11 00:00:00 ET · period of report 2021-08-09 · accession 0000899243-21-032640 · 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 | 2021-08-11 | 2021-08-09 | FOUR | Searchlight Capital Partners II GP, L.P. | 10% | J - Other | $0.00 | -1.97M | 443.6K | -82% | $0 |
| DMI | 2021-08-11 | 2021-08-09 | FOUR | Searchlight Capital Partners II GP, L.P. | 10% | C - Cnv Deriv | $0.00 | +1.97M | 514.5K | New | $0 |
| DI | 2021-08-11 | 2021-08-09 | FOUR | Searchlight Capital Partners II GP, L.P. | 10% | S - Sale | $83.75 | -4.25M | 0 | -100% | -$355.94M |
| DI | 2021-08-11 | 2021-08-09 | FOUR | Searchlight Capital Partners II GP, L.P. | 10% | C - Cnv Deriv | $0.00 | -1.97M | 443.6K | -82% | $0 |
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 B Common Stock | 2021-08-09 | J | D | 1,967,750 | $0.00 | 443,638 | I See footnotes | — | — | (F2) Searchlight II GWN GP, LLC is the general partner of Searchlight II GWN, L.P. and may be deemed to share beneficial ownership over the securities held of record by Searchlight II GWN, L.P. Searchlight Capital Partners II GP, LLC is the general partner of Searchlight Capital Partners II GP, LP, which is the general partner of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and the members of Searchlight II GWN GP, LLC. As such, each of Searchlight Capital Partners II GP, LLC and Searchlight Capital Partners II GP, LP may be deemed to share beneficial ownership over the securities held of record by each of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and Searchlight II GWN, L.P. (F4) Securities are held of record by Searchlight Capital II, L.P. |
| 2 | Common | Class A Common Stock | 2021-08-09 | C | A | 2,282,250 | $0.00 | 4,250,000 | I See footnotes | — | — | (F6) Following the conversion of shares, represents 185,050 Class A Common Stock held of record by Searchlight Capital II, L.P., 2,097,200 Class A Common Stock held of record by Searchlight Capital II PV, L.P. and 1,967,750 Class A Common Stock held of record by Searchlight II GWN, L.P. (F2) Searchlight II GWN GP, LLC is the general partner of Searchlight II GWN, L.P. and may be deemed to share beneficial ownership over the securities held of record by Searchlight II GWN, L.P. Searchlight Capital Partners II GP, LLC is the general partner of Searchlight Capital Partners II GP, LP, which is the general partner of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and the members of Searchlight II GWN GP, LLC. As such, each of Searchlight Capital Partners II GP, LLC and Searchlight Capital Partners II GP, LP may be deemed to share beneficial ownership over the securities held of record by each of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and Searchlight II GWN, L.P. |
| 3 | Common | Class A Common Stock | 2021-08-09 | C | A | 1,967,750 | $0.00 | 1,967,750 | I See footnotes | — | — | (F1) Represents securities held of record by Searchlight II GWN, L.P. (F2) Searchlight II GWN GP, LLC is the general partner of Searchlight II GWN, L.P. and may be deemed to share beneficial ownership over the securities held of record by Searchlight II GWN, L.P. Searchlight Capital Partners II GP, LLC is the general partner of Searchlight Capital Partners II GP, LP, which is the general partner of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and the members of Searchlight II GWN GP, LLC. As such, each of Searchlight Capital Partners II GP, LLC and Searchlight Capital Partners II GP, LP may be deemed to share beneficial ownership over the securities held of record by each of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and Searchlight II GWN, L.P. |
| 4 | Common | Class A Common Stock | 2021-08-09 | S | D | 4,250,000 | $83.75 | 0 | I See footnotes | — | — | (F7) The LLC Interests may be redeemed by Searchlight II GWN, L.P. at any time for shares of the Issuer's Class A Common Stock on a 1-to-1 basis. (F2) Searchlight II GWN GP, LLC is the general partner of Searchlight II GWN, L.P. and may be deemed to share beneficial ownership over the securities held of record by Searchlight II GWN, L.P. Searchlight Capital Partners II GP, LLC is the general partner of Searchlight Capital Partners II GP, LP, which is the general partner of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and the members of Searchlight II GWN GP, LLC. As such, each of Searchlight Capital Partners II GP, LLC and Searchlight Capital Partners II GP, LP may be deemed to share beneficial ownership over the securities held of record by each of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and Searchlight II GWN, L.P. |
| 5 | Common | Class C Common Stock | 2021-08-09 | C | D | 2,282,250 | $0.00 | 514,544 | I See footnotes | — | — | (F2) Searchlight II GWN GP, LLC is the general partner of Searchlight II GWN, L.P. and may be deemed to share beneficial ownership over the securities held of record by Searchlight II GWN, L.P. Searchlight Capital Partners II GP, LLC is the general partner of Searchlight Capital Partners II GP, LP, which is the general partner of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and the members of Searchlight II GWN GP, LLC. As such, each of Searchlight Capital Partners II GP, LLC and Searchlight Capital Partners II GP, LP may be deemed to share beneficial ownership over the securities held of record by each of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and Searchlight II GWN, L.P. (F5) Following the transactions reported herein, represents 41,714 Class C Common Stock held of record by Searchlight Capital II, L.P. and 472,830 Class C Common Stock held directly by Searchlight Capital II PV, L.P. |
| 6 | Derivative | LLC Interests | 2021-08-09 | C | D | 1,967,750 | $0.00 | 443,638 | I See footnotes | — · — to — | 1,967,750 Class A Common Stock | (F1) Represents securities held of record by Searchlight II GWN, L.P. (F2) Searchlight II GWN GP, LLC is the general partner of Searchlight II GWN, L.P. and may be deemed to share beneficial ownership over the securities held of record by Searchlight II GWN, L.P. Searchlight Capital Partners II GP, LLC is the general partner of Searchlight Capital Partners II GP, LP, which is the general partner of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and the members of Searchlight II GWN GP, LLC. As such, each of Searchlight Capital Partners II GP, LLC and Searchlight Capital Partners II GP, LP may be deemed to share beneficial ownership over the securities held of record by each of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and Searchlight II GWN, L.P. (F7) The LLC Interests may be redeemed by Searchlight II GWN, L.P. at any time for shares of the Issuer's Class A Common Stock on a 1-to-1 basis. |