Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GDRX | Class A Common Stock | Conversion of derivative security | +9.74M | 9.74M | Mar 6, 2024 | By Francisco Partners IV, L.P. | F1, F2 | |||
transaction | GDRX | Class A Common Stock | Conversion of derivative security | +4.88M | 4.88M | Mar 6, 2024 | By Francisco Partners IV-A, L.P. | F1, F2 | |||
transaction | GDRX | Class A Common Stock | Disposed to Issuer | -$70M | -9.74M | -100% | $7.19 | 0 | Mar 6, 2024 | By Francisco Partners IV, L.P. | F2, F3 |
transaction | GDRX | Class A Common Stock | Disposed to Issuer | -$35.1M | -4.88M | -100% | $7.19 | 0 | Mar 6, 2024 | By Francisco Partners IV-A, L.P. | F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GDRX | Class B Common Stock | Conversion of derivative security | -9.74M | -17.26% | 46.7M | Mar 6, 2024 | Class A Common Stock | 9.74M | By Francisco Partners IV, L.P. | F1, F2 | |||
transaction | GDRX | Class B Common Stock | Conversion of derivative security | -4.88M | -17.26% | 23.4M | Mar 6, 2024 | Class A Common Stock | 4.88M | By Francisco Partners IV-A, L.P. | F1, F2 |
Id | Content |
---|---|
F1 | Pursuant to the Stock Purchase Agreement dated March 6, 2024, the Issuer has agreed to purchase an aggregate 14,622,366 shares of Class A Common Stock ("Class A Shares") from Francisco Partners IV, L.P. and Francisco Partners IV-A, L.P. (together, the "Selling Stockholders") for an aggregate price of $105,134,811.54 (the "Repurchase"). In connection with the Repurchase, the Selling Stockholders are converting an aggregate 14,622,366 shares of Class B Common Stock ("Class B Shares") into Class A Shares on a one-for-one basis. |
F2 | Francisco Partners GP IV, L.P. ("Francisco Partners GP IV") is the general partner of each of Francisco Partners IV, L.P. ("Francisco Partners IV") and Francisco Partners IV-A, L.P. ("Francisco Partners IV-A"). Francisco Partners GP IV Management Limited is the general partner of Francisco Partners GP IV. Francisco Partners Management, L.P. ("Francisco Partners Management") serves as the investment manager for each of Francisco Partners IV and Francisco Partners IV-A. Voting and disposition decisions at Francisco Partners Management with respect to the shares of Class B common stock held by Francisco Partners IV and Francisco Partners IV-A are made by an investment committee. Each of Francisco Partners Management, Francisco Partners GP IV Management Limited and Francisco Partners GP IV may be deemed to share voting and dispositive power over the shares of Class B common stock held, but disclaims beneficial ownership except to the extent of their pecuniary interest. |
F3 | The reported amounts give effect to the closing of the Repurchase, which is expected to occur on March 11, 2024. |