Silversmith Partners I GP, LLC - May 24, 2024 Form 4 Insider Report for LifeStance Health Group, Inc. (LFST)

Role
Member of 10% Group
Signature
By: /s/ Jeffrey R. Crisan, Manager of Silversmith Partners I GP, LLC
Stock symbol
LFST
Transactions as of
May 24, 2024
Transactions value $
-$9,569,118
Form type
4
Date filed
5/29/2024, 04:55 PM
Previous filing
Jun 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LFST Common Stock Sale -$9.57M -1.62M -8.31% $5.89 17.9M May 24, 2024 See Explanation of Responses F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Silversmith Partners I GP, LLC is the general partner of Silversmith Partners I GP, L.P., which is the general partner of Silversmith Capital Partners I-A, L.P., Silversmith Capital Partners I-B, L.P. and Silversmith Capital Partners I-C, L.P. (collectively, the "Silversmith Entities"). Silversmith Capital Partners I-A, L.P. holds 12,327,585 shares of common stock of the Issuer, Silversmith Capital Partners I-B, L.P. holds 4,459,231 shares of common stock of the Issuer, and Silversmith Capital Partners I-C, L.P. holds 1,129,738 shares of common stock of the Issuer.
F2 Each Reporting Person disclaims beneficial ownership of all of the securities that are or may be beneficially owned by the Silversmith Entities or any of their affiliates, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F3 Silversmith Capital Partners I-A, L.P., Silversmith Capital Partners I-B, L.P. and Silversmith Capital Partners I-C, L.P. have entered into a Stockholders Agreement with certain persons who are owners of more than 10% of the Issuer's outstanding common stock and, as a result, the Silversmith Entities may be deemed a member of a "group" (as such term is used under Section 13(d) of the Securities Exchange Act of 1934, as amended) with such persons.