Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LDI | Class A Common Stock | Conversion of derivative security | $0 | +3.8M | +28336.67% | $0.00 | 3.81M | Jan 12, 2022 | See Footnote | F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LDI | Class D Common Stock | Conversion of derivative security | -3.8M | -3.76% | 97M | Jan 12, 2022 | Class A Common Stock | 3.8M | See Footnote | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each share of the Issuer's Class D Common Stock is convertible on a one-for-one basis, at the election of the Reporting Persons, into a share of the Issuer's Class A Common Stock. |
F2 | The reported securities are directly or indirectly held by funds and entities managed or controlled by the Reporting Persons, including: Parthenon Investors III, L.P., Parthenon Investors IV, L.P., Parthenon Capital Partners Fund, L.P., Parthenon Capital Partners Fund II, L.P., PCap Associates, PCAP Partners III, LLC, PCP Partners IV, L.P. and PCP Managers, L.P. (together, the "Parthenon Investors"). |
F3 | Each of the Reporting Persons expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4. |