General Atlantic (SQRS) LP - May 10, 2021 Form 3 Insider Report for Squarespace, Inc. (SQSP)

Signature
/s/ J. Frank Brown
Stock symbol
SQSP
Transactions as of
May 10, 2021
Transactions value $
$0
Form type
3
Date filed
5/10/2021, 05:03 PM
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SQSP Class A common stock 22.4M May 10, 2021 See footnote F1, F2, F3

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
holding SQSP Class B common stock May 10, 2021 Class A common stock 4.96M See footnote F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 11,746,631 shares of Class A common stock held directly by General Atlantic (SQRS II), LP, a Delaware limited partnership ("GA SQRS II") and 10,614,442 shares of Class A common stock held directly by General Atlantic (SQRS), LP, a Delaware limited partnership ("GA SQRS").
F2 The limited partners that share beneficial ownership of the securities held by GA SQRS II are General Atlantic Partners 100, L.P., a Delaware limited partnership ("GAP 100"), GAP Coinvestments CDA, L.P., a Delaware limited partnership ("GAPCO CDA"), GAP Coinvestments III, LLC, a Delaware limited liability company ("GAPCO III"), GAP Coinvestments IV, LLC, a Delaware limited liability company ("GAPCO IV"), and GAP Coinvestments V, LLC, a Delaware limited liability company ("GAPCO V"). The limited partners that share beneficial ownership of the securities held by GA SQRS are General Atlantic Partners 93, L.P., a Delaware limited partnership ("GAP 93"), GAPCO CDA, GAPCO III, GAPCO IV, GAPCO V, and GAPCO GmbH & Co. KG, a German partnership ("GAPCO KG").
F3 The general partner of each of GA SQRS and GA SQRS II is General Atlantic (SPV) GP, LLC, a Delaware limited liability company ("GA SPV"). The general partner of GAP 93 and GAP 100 is General Atlantic GenPar, L.P., a Delaware limited partnership ("GA GenPar"). General Atlantic LLC, a Delaware limited liability company ("GA LLC") is the general partner of GA GenPar and GAPCO CDA, the managing member of GAPCO III, GAPCO IV and GAPCO V, and the sole member of GA SPV. GAPCO Management GmbH, a German company ("GAPCO Management"), is the general partner of GAPCO KG. There are nine members of the management committee of GA LLC (the "GA Management Committee") and the GA Management Committee controls the investment and voting decisions of GAPCO Management. Each of the members of the GA Management Committee disclaims ownership of the shares except to the extent he has a pecuniary interest therein.
F4 Each share of Class B common stock is convertible at any time by the holder into shares of Class A common stock on a share-for-share basis.
F5 Reflects securities held directly by GA SQRS.

Remarks:

GA SQRS, GA SQRS II, GAP 93, GAP 100, GAP III, GAPCO IV, GAPCO V, GAPCO CDA, GAPCO KG, GA SPV, GA GenPar, GAPCO Management and GA LLC may be deemed to be members of a "group" for the purposes of the Securities Exchange Act of 1934. Each reporting person disclaims beneficial ownership of any securities deemed to be owned by the group that are not directly owned by the reporting person. This report shall not be deemed an admission that the reporting persons are a member of a group or the beneficial owner of any securities not directly owned by the reporting person. Each of the reporting persons is a director-by-deputization solely for purposes of Section 16 of the Exchange Act.