Michael J. Angelakis - 01 Dec 2021 Form 4 Insider Report for CLARIVATE Plc (CLVT)

Role
Director
Signature
By: /s/ David L. Caplan, as Attorney-in-Fact
Issuer symbol
CLVT
Transactions as of
01 Dec 2021
Net transactions value
$0
Form type
4
Filing time
03 Dec 2021, 17:59:39 UTC
Previous filing
04 Nov 2021
Next filing
04 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLVT Ordinary Shares Award +12,259,847 12,259,847 01 Dec 2021 See Footnote F1, F2, F3
transaction CLVT Ordinary Shares Award $0 +3,070 $0.000000 3,070 01 Dec 2021 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects ordinary shares of Clarivate Plc, a public limited company organized under the laws of the Island of Jersey ("Clarivate") received by A-PQ Holdings, LLC, a Delaware limited liability company ("A-PQ Holdings") upon the closing of the transactions contemplated by (i) that certain Transaction Agreement, dated as of May 15, 2021, as amended on July 28, 2021 and November 12, 2021, by and among Clarivate, ProQuest Holdings LLC, a Delaware limited liability company (together with certain of its affiliates "ProQuest"), Cambridge Information Group Inc., a Maryland corporation, A-PQ Holdings, LLC and the other parties signatory thereto and
F2 (ii) that certain Agreement and Plan of Merger, dated as of May 15, 2021, by and among Clarivate, Ex Libris Intermediate TopCo, Inc., a Delaware corporation and the other parties signatory thereto, collectively pursuant to which Clarivate and certain of its affiliates acquired ProQuest for approximately $ $4,000,000,000 in cash consideration and 46,910,922 Clarivate ordinary shares, in the aggregate.
F3 Includes (i) 2,145,316 ordinary shares of Clarivate held directly by A-PQ Holdings and (ii) 10,114,531 ordinary shares of Clarivate indirectly held by A-PQ Holdings through ProQuest Holdings LLC. Mr. Angelakis directly or indirectly controls a majority of the voting power of Atairos Partners GP, Inc. Atairos Partners GP, Inc. is the general partner of Atairos Partners, L.P., which is the sole voting shareholder of Atairos Group, Inc. Atairos Group, Inc. is the sole member of A-PQ Holdings. Mr. Angelakis disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F4 Reflects a prorated annual non-employee director award of restricted share units granted pursuant to the Clarivate Plc 2019 Incentive Award Plan, which will vest on May 6, 2022.