| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CYXTQ | Class A common stock | Options Exercise | +282K | +3.06% | 9.51M | Jan 14, 2022 | By Starboard Value and Opportunity Master Fund Ltd | F1, F2, F3, F9 | ||
| transaction | CYXTQ | Class A common stock | Options Exercise | +48.6K | +2.96% | 1.69M | Jan 14, 2022 | By Starboard Value and Opportunity S LLC | F1, F2, F4, F9 | ||
| transaction | CYXTQ | Class A common stock | Options Exercise | +83K | +3.07% | 2.79M | Jan 14, 2022 | By Managed Account of Starboard Value LP | F1, F2, F5, F9 | ||
| transaction | CYXTQ | Class A common stock | Options Exercise | +29K | +2.97% | 1M | Jan 14, 2022 | By Starboard Value and Opportunity C LP | F1, F2, F6, F9 | ||
| transaction | CYXTQ | Class A common stock | Options Exercise | +22.6K | +2.95% | 789K | Jan 14, 2022 | By Starboard Value and Opportunity Master Fund L LP | F1, F2, F7, F9 | ||
| transaction | CYXTQ | Class A common stock | Options Exercise | +26K | +2.15% | 1.24M | Jan 14, 2022 | By Starboard X Master Fund Ltd | F1, F2, F8, F9 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CYXTQ | Warrants | Options Exercise | -1.06M | -100% | 0 | Jan 14, 2022 | Class A common stock | 1.06M | By Starboard Value and Opportunity Master Fund Ltd | F1, F2, F3, F9, F10 | |||
| transaction | CYXTQ | Warrants | Options Exercise | -184K | -100% | 0 | Jan 14, 2022 | Class A common stock | 184K | By Starboard Value and Opportunity S LLC | F1, F2, F4, F9, F10 | |||
| transaction | CYXTQ | Warrants | Options Exercise | -313K | -100% | 0 | Jan 14, 2022 | Class A common stock | 313K | By Managed Account of Starboard Value LP | F1, F2, F5, F9, F10 | |||
| transaction | CYXTQ | Warrants | Options Exercise | -109K | -100% | 0 | Jan 14, 2022 | Class A common stock | 109K | By Starboard Value and Opportunity C LP | F1, F2, F6, F9, F10 | |||
| transaction | CYXTQ | Warrants | Options Exercise | -85.3K | -100% | 0 | Jan 14, 2022 | Class A common stock | 85.3K | By Starboard Value and Opportunity Master Fund L LP | F1, F2, F7, F9, F10 | |||
| transaction | CYXTQ | Warrants | Options Exercise | -98.3K | -100% | 0 | Jan 14, 2022 | Class A common stock | 98.3K | By Starboard X Master Fund Ltd | F1, F2, F8, F9, F10 | |||
| holding | CYXTQ | Optional Shares | 2.09M | Jan 14, 2022 | Class A common stock | 2.09M | By Starboard Value and Opportunity Master Fund Ltd | F1, F2, F3, F11 | ||||||
| holding | CYXTQ | Optional Shares | 364K | Jan 14, 2022 | Class A common stock | 364K | By Starboard Value and Opportunity S LLC | F1, F2, F4, F11 | ||||||
| holding | CYXTQ | Optional Shares | 514K | Jan 14, 2022 | Class A common stock | 514K | By Managed Account of Starboard Value LP | F1, F2, F5, F11 | ||||||
| holding | CYXTQ | Optional Shares | 218K | Jan 14, 2022 | Class A common stock | 218K | By Starboard Value and Opportunity C LP | F1, F2, F6, F11 | ||||||
| holding | CYXTQ | Optional Shares | 150K | Jan 14, 2022 | Class A common stock | 150K | By Starboard Value and Opportunity Master Fund L LP | F1, F2, F7, F11 | ||||||
| holding | CYXTQ | Optional Shares | 413K | Jan 14, 2022 | Class A common stock | 413K | By Starboard X Master Fund Ltd | F1, F2, F8, F11 |
| Id | Content |
|---|---|
| F1 | This Form 4 is filed jointly by Starboard Value and Opportunity Master Fund Ltd ("Starboard V&O Fund"), Starboard Value and Opportunity S LLC ("Starboard S LLC"), Starboard Value ("Starboard Value LP"), Starboard Value GP LLC ("Starboard Value GP"), Starboard Principal Co LP ("Principal Co"), Starboard Principal Co GP, LLC ("Principal GP"), Starboard Value and Opportunity C LP ("Starboard C LP"), Starboard Value R LP ("Starboard R LP"), Starboard Value R GP LLC ("Starboard R GP"), Starboard Value and Opportunity Master Fund L LP ("Starboard L Master"), Starboard Value L LP ("Starboard L LP"), Starboard X Master Fund Ltd ("Starboard X Master") and Peter A. Feld, (collectively, the "Reporting Persons"). Jeffrey C. Smith reported the cashless exercises in a separate Form 4. |
| F2 | To enable all of the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the first of two identical reports relating to the same transactions being filed with the Securities and Exchange Commission. Each Reporting Person may be deemed to be a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding Ordinary Shares. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
| F3 | Securities beneficially owned by Starboard V&O Fund. Starboard Value LP, as the investment manager of Starboard V&O Fund, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard V&O Fund. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard V&O Fund. |
| F4 | Securities beneficially owned by Starboard S LLC. Starboard Value LP, as the manager of Starboard S LLC, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard S LLC. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard S LLC. |
| F5 | Securities held in a certain account managed by Starboard Value LP (the "Starboard Value LP Account"). Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard Value LP and held by the Starboard Value LP Account. |
| F6 | Securities beneficially owned by Starboard C LP. Each of Starboard R LP, as the general partner of Starboard C LP, and Starboard R GP, as the general partner of Starboard R LP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard C LP. Starboard Value LP, as the investment manager of Starboard C LP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard C LP. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard C LP. |
| F7 | Securities beneficially owned by Starboard L Master. Each of Starboard L LP, as the general partner of Starboard L Master, and Starboard R GP, as the general partner of Starboard L LP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard L LP. Starboard Value LP, as the investment manager of Starboard L Master, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard L Master. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard L Master. |
| F8 | Securities beneficially owned by Starboard X Master. Starboard Value LP, as the investment manager of Starboard X Master, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard X Master. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard X Master. |
| F9 | In connection with the Cyxtera Technologies, Inc. (the "Issuer") determination to redeem its outstanding warrants, the warrants permit the holder to cashlessly exercise the warrants at the stated rate of 0.265 shares of Class A Common Stock per warrant. |
| F10 | The warrants became exercisable 12 months from the closing of Starboard Value Acquisition Corp.'s ("SVAC") initial public offering, which closed on September 14, 2020. The warrants would have expired five years after the completion of the business combination between SVAC, Mundo Merger Sub 1, Inc., Mundo Merger Sub 2, LLC, the Issuer and Mundo Holdings, Inc. or earlier upon redemption or liquidation. Each whole warrant would have entitled the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share (subject to adjustment). |
| F11 | The option to purchase shares of Class A common stock at a price per share of $10.00 is exercisable by the Starboard Accounts at any time or from time to time during the six month following the day that is the first business day after the consummation of the business combination between SVAC and Cyxtera Technologies, Inc., which was consummated on July 29, 2021. |
Starboard V&O Fund, Starboard S LLC, the Starboard Value LP Account, Starboard C LP, Starboard L Master and Starboard X Master also own a partial pecuniary interest in SVAC Sponsor LLC. Jeffrey C. Smith is a Managing Member, Chief Executive Officer and Chief Investment Officer of Starboard Value LP and is a director of the Issuer. By virtue of his service on the Board of Directors of the Issuer as a representative of Starboard Value LP, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each reporting person may be deemed to be a director by deputization of the Issuer.