Mantle Ridge LP - Dec 16, 2021 Form 4 Insider Report for Aramark (ARMK)

Role: Director by deputization
Signature: MANTLE RIDGE LP, By: Mantle Ridge GP LLC, its general partner, By: PCH MR Advisor Holdings LLC, its managing member, By: /s/ Paul C. Hilal, Paul C. Hilal, Sole Member
Stock symbol: ARMK
Transactions as of: Dec 16, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/17/2021, 04:21 PM
Next filing: Mar 22, 2022

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	ARMK	Physically Settled Options to Buy Common Stock	Other		+7.63M			7.63M	Dec 16, 2021	Common Stock	7.63M	$11.45	See footnotes	F1, F2, F3, F4, F5, F7
transaction	ARMK	Option for Cash Settled Forward Contracts	Other		+6.87M			6.87M	Dec 16, 2021	Common Stock	6.87M	$11.45	See footnotes	F1, F2, F3, F4, F6, F7

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

Explanation of Responses:

Id	Content
F1	In addition to Mantle Ridge LP, a Delaware limited partnership ("Mantle Ridge"), this Form 4 is being filed jointly by MR BridgeStone Advisor LLC, a Delaware limited liability company ("MR BridgeStone") and Paul C. Hilal, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom has the same business address as Mantle Ridge and may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities"). All Subject Securities reported on this Form 4 are rounded up to the nearest whole share.
F2	MR BridgeStone, a wholly owned subsidiary of Mantle Ridge, advises the accounts of MR BridgeStone Offshore Fund AB Ltd and MR BridgeStone Offshore Fund CA 01 Ltd, each a Cayman Islands exempted company (all such funds and their subsidiaries together, the "Mantle Ridge Funds").
F3	MR BridgeStone, as the investment adviser to the Mantle Ridge Funds, and Mantle Ridge, as the sole member of MR BridgeStone, each may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. By virtue of Paul C. Hilal's position as ultimately controlling MR BridgeStone and Mantle Ridge, Paul C. Hilal may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a). Each of the Reporting Persons disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.
F4	Paul C. Hilal is a member of the board of directors of the Issuer, and as a result, each of the Reporting Persons are directors by deputization for purposes of Section 16 of the Securities Exchange Act of 1934.
F5	On December 16, 2021, the Reporting Persons amended their physically settled options to buy common stock which were previously reported on a Form 4 dated March 13, 2020. Pursuant to the amendment, the maturity date was extended from March 11, 2022 to March 20, 2024, the strike price was increased from $9.10 to $11.45 and the notional amount of the underlying common stock was increased from 7,290,065 to 7,633,483. No amounts were paid in connection with this amendment.
F6	On December 16, 2021, the Reporting Persons amended their options for cash settled forward contracts which were previously reported on a Form 4 dated March 13, 2020. Pursuant to the amendment, the maturity date was extended from March 11, 2022 to March 20, 2024, the strike price was increased from $9.10 to $11.45 and the notional amount of the underlying common stock was increased from 6,557,603 to 6,866,517. No amounts were paid in connection with this amendment.
F7	Not applicable.