Form 4 for GETY Getty Images Holdings, Inc.
Accepted 2023-05-17 00:00:00 ET · period of report 2023-05-15 · accession 0000899243-23-013189 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-17 | 2023-05-17 | GETY | KOCH INDUSTRIES INC | Dir, 10% | X - OptEx | $4.19 | +234.4K | 80.73M | +0.3% | +$981.9K |
| D | 2023-05-17 | 2023-05-15 | GETY | KOCH INDUSTRIES INC | Dir, 10% | J - Other | — | +1 | 1 | New | — |
| D | 2023-05-17 | 2023-05-17 | GETY | KOCH INDUSTRIES INC | Dir, 10% | X - OptEx | — | -1 | 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 | 2023-05-17 | X | A | 234,354 | $4.19 | 80,733,607 | D | — | — | (F2) On May 17, 2023, the share forward contract was settled and Wood River, as nominee for Koch Icon, purchased the Shares at a price of $4.1943 per share. (F1) On March 24, 2023, Wood River Capital, LLC ("Wood River"), as nominee for Koch Icon Investments, LLC ("Koch Icon"), entered into a share forward contract providing for the purchase by Wood River of up to 4,000,000 shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of Getty Images Holdings, Inc. (the "Issuer") at a price and number of shares of Class A Common Stock that became fixed following completion of an initial hedging period (the "Hedging Period"). The Hedging Period ended on May 15, 2023, at which point the price was fixed, resulting in Wood River becoming obligated to purchase 234,354 shares of Class A Common Stock (such shares, the "Shares") at a price of $4.1943 per Share. (F3) The shares of Class A Common Stock are beneficially owned by Koch Icon. Koch Icon is beneficially owned by Koch Equity Development LLC ("Koch Equity"), Koch Equity is beneficially owned by Koch Investments Group, LLC ("KIG"), KIG is beneficially owned by Koch Investments Group Holdings, LLC ("KIGH"), and KIGH is beneficially owned by Koch Industries, Inc. ("Koch Industries"), in each case by means of ownership of all voting equity instruments. Koch Industries, Koch Equity, KIG, and KIGH may be deemed to beneficially own the shares of Class A Common Stock held by Koch Icon by virtue of (i) Koch Industries' beneficial ownership of KIGH, (ii) KIGH's beneficial ownership of KIG, (iii) KIG's beneficial ownership of Koch Equity and (iv) Koch Equity's beneficial ownership of Koch Icon. |
| 2 | Derivative | Forward contract (obligation to purchase) | 2023-05-15 | J | A | 1 | — | 1 | D | — · 2023-05-15 to 2023-11-27 | 234,354 Class A Common Stock | (F1) On March 24, 2023, Wood River Capital, LLC ("Wood River"), as nominee for Koch Icon Investments, LLC ("Koch Icon"), entered into a share forward contract providing for the purchase by Wood River of up to 4,000,000 shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of Getty Images Holdings, Inc. (the "Issuer") at a price and number of shares of Class A Common Stock that became fixed following completion of an initial hedging period (the "Hedging Period"). The Hedging Period ended on May 15, 2023, at which point the price was fixed, resulting in Wood River becoming obligated to purchase 234,354 shares of Class A Common Stock (such shares, the "Shares") at a price of $4.1943 per Share. (F3) The shares of Class A Common Stock are beneficially owned by Koch Icon. Koch Icon is beneficially owned by Koch Equity Development LLC ("Koch Equity"), Koch Equity is beneficially owned by Koch Investments Group, LLC ("KIG"), KIG is beneficially owned by Koch Investments Group Holdings, LLC ("KIGH"), and KIGH is beneficially owned by Koch Industries, Inc. ("Koch Industries"), in each case by means of ownership of all voting equity instruments. Koch Industries, Koch Equity, KIG, and KIGH may be deemed to beneficially own the shares of Class A Common Stock held by Koch Icon by virtue of (i) Koch Industries' beneficial ownership of KIGH, (ii) KIGH's beneficial ownership of KIG, (iii) KIG's beneficial ownership of Koch Equity and (iv) Koch Equity's beneficial ownership of Koch Icon. |
| 3 | Derivative | Forward contract (obligation to purchase) | 2023-05-17 | X | D | 1 | — | 0 | D | $4.19 · 2023-05-15 to 2023-11-27 | 234,354 Class A Common Stock | (F2) On May 17, 2023, the share forward contract was settled and Wood River, as nominee for Koch Icon, purchased the Shares at a price of $4.1943 per share. (F1) On March 24, 2023, Wood River Capital, LLC ("Wood River"), as nominee for Koch Icon Investments, LLC ("Koch Icon"), entered into a share forward contract providing for the purchase by Wood River of up to 4,000,000 shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of Getty Images Holdings, Inc. (the "Issuer") at a price and number of shares of Class A Common Stock that became fixed following completion of an initial hedging period (the "Hedging Period"). The Hedging Period ended on May 15, 2023, at which point the price was fixed, resulting in Wood River becoming obligated to purchase 234,354 shares of Class A Common Stock (such shares, the "Shares") at a price of $4.1943 per Share. |