Form 4 for IIIV i3 Verticals, Inc.
Accepted 2025-01-24 00:00:00 ET · period of report 2025-01-23 · accession 0001728688-25-000025 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2025-01-24 | 2025-01-23 | IIIV | HARVEY ROBERT BURTON | Dir | D - Sale to Iss | $0.00 | -2,749 | 4,515 | -38% | $0 |
| 2025-01-24 | 2025-01-23 | IIIV | HARVEY ROBERT BURTON | Dir | D - Sale to Iss | $0.00 | -431 | 11.3K | -4% | $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, par value $0.0001 per share | 2025-01-23 | D | D | 1,545 | $0.00 | 40,365 | I By Claritas Capital Specialty Debt Fund, LP | — | — | (F2) As a result of the Recapitalization, the Common Units and shares of Class B Common Stock beneficially owned by CCSD II, L.P. ("CCSD") were reduced by 1,545. (F5) Represents shares of Class B Common Stock held by Claritas, of which the Reporting Person serves as a voting member of the investment committee. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. |
| 2 | Common | Class B common stock, par value $0.0001 per share | 2025-01-23 | D | D | 431 | $0.00 | 11,285 | D By CCSD II, L.P. | — | — | (F1) On January 23, 2025, the common units of i3 Verticals, LLC (the "Common Units") were recapitalized through a reverse unit split, which resulted in the retirement without consideration of 369,256 shares of the Issuer's Class B common stock, par value $0.0001 per share (the "Class B Common Stock") in accordance with the Amended and Restated Certificate of Incorporation of the Issuer (collectively, the "Recapitalization"). As a result of the Recapitalization, the Common Units and shares of Class B Common Stock beneficially owned by the Reporting Person were reduced by 431. (F3) Represents shares of Class B Common Stock held by CCSD, of which the Reporting Person serves as a voting member of the investment committee. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. |
| 3 | Common | Class B common stock, par value $0.0001 per share | 2025-01-23 | D | D | 1,032 | $0.00 | 26,980 | I By CF i3 Corporation | — | — | (F4) As a result of the Recapitalization, the Common Units and shares of Class B Common Stock beneficially owned by Claritas Capital Specialty Debt Fund, LP ("Claritas") were reduced by 1,032. (F7) Represents shares of Class B Common Stock held by CF, of which the Reporting Person serves as an officer. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. |
| 4 | Common | Class B common stock, par value $0.0001 per share | 2025-01-23 | D | D | 172 | $0.00 | 4,515 | I | — | — | (F6) As a result of the Recapitalization, the Common Units and shares of Class B Common Stock beneficially owned by CF i3 Corporation ("CF") were reduced by 172. |