Thomas Connolly - 17 May 2019 Form 4 Insider Report for Avantor, Inc. (AVTR)

Role
Director
Signature
Jamison Yardley, Attorney-in-fact
Issuer symbol
AVTR
Transactions as of
17 May 2019
Net transactions value
-$13,300
Form type
4
Filing time
07 May 2021, 16:05:34 UTC
Next filing
30 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVTR Common Stock, par value $0.01 per share Purchase $183,386 +13,099 +0.02% $14.00* 67,619,397 17 May 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $196,686 -14,049 -0.02% $14.00* 67,605,348 17 May 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Purchase $965 +55 +0% $17.55* 72,612,230 31 Jul 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $965 -55 -0% $17.55* 72,612,175 31 Jul 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Purchase $1,466 +88 +0% $16.66* 72,614,265 06 Aug 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $1,466 -88 -0% $16.66* 72,614,177 06 Aug 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Purchase $268,259 +16,245 +0.02% $16.51* 72,632,694 12 Aug 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $268,259 -16,245 -0.02% $16.51* 72,616,449 12 Aug 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Purchase $150 +9 +0% $16.66* 72,616,458 12 Aug 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $150 -9 -0% $16.66* 72,616,449 12 Aug 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Purchase $1,113,607 +67,437 +0.09% $16.51* 72,683,598 06 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $1,113,607 -67,437 -0.09% $16.51* 72,616,161 06 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Purchase $839,544 +49,200 +0.07% $17.06* 72,665,361 06 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $839,544 -49,200 -0.07% $17.06* 72,616,161 06 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Purchase $2,463,454 +149,694 +0.21% $16.46* 72,773,571 09 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $2,463,454 -149,694 -0.21% $16.46* 72,623,877 09 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Purchase $25,990 +1,768 +0% $14.70 72,621,850 25 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $25,990 -1,768 -0% $14.70 72,620,082 25 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Purchase $61,195 +4,146 +0.01% $14.76 72,624,228 25 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $61,195 -4,146 -0.01% $14.76 72,620,082 25 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Purchase $1,478 +100 +0% $14.78 72,620,182 25 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $1,478 -100 -0% $14.78 72,620,082 25 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Purchase $56,164 +3,800 +0.01% $14.78 72,623,882 25 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $56,164 -3,800 -0.01% $14.78 72,620,082 25 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Purchase $1,478 +100 +0% $14.78 72,620,182 25 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $1,478 -100 -0% $14.78 72,620,082 25 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Purchase $76,376 +5,164 +0.01% $14.79 72,625,246 25 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $76,376 -5,164 -0.01% $14.79 72,620,082 25 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Purchase $146,846 +9,922 +0.01% $14.80 72,630,004 25 Sep 2019 See Footnotes F1, F2, F3, F4, F5
transaction AVTR Common Stock, par value $0.01 per share Sale $146,846 -9,922 -0.01% $14.80 72,620,082 25 Sep 2019 See Footnotes F1, F2, F3, F4, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVTR 6.250% Series A Mandatory Convertible Preferred Stock Purchase $37,451 +630 +656% $59.45 726 18 Jun 2020 Common Stock 1,915 $17.18 See Footnotes F1, F2, F3, F4, F5, F6
transaction AVTR 6.250% Series A Mandatory Convertible Preferred Stock Sale $37,451 -630 -87% $59.45 96 18 Jun 2020 Common Stock 1,915 $17.18 See Footnotes F1, F2, F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Thomas Connolly is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These transactions in the common stock (the "Common Stock") of Avantor, Inc. (the "Issuer") have not previously been reported by the Reporting Person on Form 4.
F2 These transactions were effected by Goldman Sachs & Co. LLC ("Goldman Sachs") acting as agent on behalf of certain international affiliates that had entered into riskless principal trades in connection with client trade facilitation in the ordinary course of their business. Without conceding riskless principal trades in connection with client trade facilitation in the ordinary course of business can result in liability under Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act"), the amount of profit potentially recoverable by the Issuer from the reported transactions in the event that they were subject to Section 16(b) has been remitted to the Issuer.
F3 The Reporting Person is a managing director of Goldman Sachs. Goldman Sachs is a direct subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). Effective May 7, 2020, the Reporting Person ceased to be a member of the Issuer's board of directors.
F4 As of October 21,2020, Goldman Sachs and GS Group may have been deemed to beneficially own indirectly 43,481,933 shares of Common Stock by reason of direct beneficial ownership of such shares by StoneBridge 2017, L.P., StoneBridge 2017 Offshore, L.P., VWR Partners, L.P., StoneBridge 2018, L.P. and StoneBridge 2018 Offshore, L.P. (together the "GS Funds") and Broad Street Principal Investments, L.L.C. ("BSPI"). Bridge Street Opportunity Advisors, L.L.C. ("Bridge Street") is the sole general partner of each of the GS Funds and may be deemed to beneficially own shares of Common Stock by reason of direct beneficial ownership of such shares by the GS Funds. Bridge Street is an indirect wholly-owned subsidiary of GS Group. Goldman Sachs is the manager of BSPI and Bridge Street, and the investment manager of each of the GS Funds.
F5 The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Exchange Act, or for any other purpose.
F6 The Series A Mandatory Convertible Preferred Stock (the "Preferred Stock") is convertible into shares of the Issuer's Common Stock. At any time prior to May 15, 2022, holders of the Preferred Stock may elect to convert each share of the Preferred Stock into shares of Common Stock at the minimum conversion rate of 3.0395 shares of Common Stock per share of Preferred Stock.

Remarks:

Balance of trades included in attached schedule. (See Exhibit 99.1)