CD&R Investment Associates X, Ltd. - 12 Aug 2021 Form 4 Insider Report for SmileDirectClub, Inc.

Role: 10%+ Owner
Signature: /s/ Rima Simson, Vice President, Treasurer and Secretary of CD&R Investment Associates X, Ltd.
Issuer symbol: N/A
Transactions as of: 12 Aug 2021
Net transactions value: -$2,650,000
Form type: 4
Filing time: 13 Aug 2021, 17:13:40 UTC
Previous filing: 19 Aug 2021
Next filing: 12 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SDC	Class A common stock, $0.0001 par value	Sale	$2,650,000	-500,000	-4.2%	$5.30^*	11,403,167	12 Aug 2021	See Explanation of Responses	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

CD&R Investment Associates X, Ltd. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	On August 12, 2021, CD&R SDC Holdings, L.P. ("CD&R SDC") sold 500,000 shares of Class A common stock of the Registrant (the "Common Stock") in a secondary block trade pursuant to Rule 144 under the Securities Act of 1933, as amended.
F2	CD&R Investment Associates X, Ltd. ("CD&R SDC GP") is the general partner of CD&R SDC, the direct holder of the Common Stock. CD&R SDC GP, as the general partner of CD&R SDC, may be deemed to beneficially own the shares of Common Stock held by CD&R SDC. Investment and voting decisions with respect to the shares of Common Stock held by CD&R SDC or CD&R SDC GP are made by an investment committee comprised of more than ten individuals (the "CD&R SDC Investment Committee"). All members of the CD&R SDC Investment Committee disclaim beneficial ownership of the shares of Common Stock held by CD&R SDC. CD&R SDC GP expressly disclaims beneficial ownership of the shares held by CD&R SDC except to the extent of any pecuniary interest therein.

Content

On August 12, 2021, CD&R SDC Holdings, L.P. ("CD&R SDC") sold 500,000 shares of Class A common stock of the Registrant (the "Common Stock") in a secondary block trade pursuant to Rule 144 under the Securities Act of 1933, as amended.

CD&R Investment Associates X, Ltd. ("CD&R SDC GP") is the general partner of CD&R SDC, the direct holder of the Common Stock. CD&R SDC GP, as the general partner of CD&R SDC, may be deemed to beneficially own the shares of Common Stock held by CD&R SDC. Investment and voting decisions with respect to the shares of Common Stock held by CD&R SDC or CD&R SDC GP are made by an investment committee comprised of more than ten individuals (the "CD&R SDC Investment Committee"). All members of the CD&R SDC Investment Committee disclaim beneficial ownership of the shares of Common Stock held by CD&R SDC. CD&R SDC GP expressly disclaims beneficial ownership of the shares held by CD&R SDC except to the extent of any pecuniary interest therein.