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

Role: 10%+ Owner
Signature: /s/ Rima Simson, Vice President, Treasurer and Secretary of CD&R Investment Associates X, Ltd.
Stock symbol: SDC
Transactions as of: Aug 12, 2021
Transactions value $: -$2,650,000
Form type: 4
Date filed: 8/13/2021, 05:13 PM
Previous filing: Aug 19, 2021
Next filing: Jan 12, 2022

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	-$2.65M	-500K	-4.2%	$5.30^*	11.4M	Aug 12, 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.