Danish J. Qureshi - Jun 14, 2024 Form 4 Insider Report for LifeStance Health Group, Inc. (LFST)

Signature
By: /s/ Ryan Pardo, Attorney-in-Fact
Stock symbol
LFST
Transactions as of
Jun 14, 2024
Transactions value $
-$781,515
Form type
4
Date filed
6/18/2024, 04:22 PM
Previous filing
Jun 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LFST Common Stock Sale -$782K -150K -25.47% $5.21 439K Jun 14, 2024 By LLC F1, F2
holding LFST Common Stock 4.83M Jun 14, 2024 Direct
holding LFST Common Stock 589K Jun 14, 2024 By LLC F3
holding LFST Common Stock 589K Jun 14, 2024 By LLC F4
holding LFST Common Stock 589K Jun 14, 2024 By LLC F5
holding LFST Common Stock 589K Jun 14, 2024 By LLC F6
holding LFST Common Stock 589K Jun 14, 2024 By LLC F7
holding LFST Common Stock 589K Jun 14, 2024 By LLC F8
holding LFST Common Stock 589K Jun 14, 2024 By LLC F9
holding LFST Common Stock 589K Jun 14, 2024 By LLC F10
holding LFST Common Stock 589K Jun 14, 2024 By LLC F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction was effected pursuant to a pre-planned trading plan entered into in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "Exchange Act"). The pre-planned trading plan was adopted by the Reporting Person on March 15, 2024.
F2 Shares held of record by the Khan Descendants Trust LLC, a limited liability company wholly-owned by the Khan Descendants Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F3 Shares held of record by the Qureshi Marital Trust LLC, a limited liability company wholly-owned by the Qureshi Marital Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F4 Shares held of record by the Qureshi Mother's Trust LLC, a limited liability company wholly-owned by the Qureshi Mother's Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F5 Shares held of record by the Qureshi Irrevocable Trust LLC, a limited liability company wholly-owned by the Qureshi Irrevocable Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F6 Shares held of record by the Qureshi Legacy Trust LLC, a limited liability company wholly-owned by the Qureshi Legacy Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F7 Shares held of record by the Qureshi Children's Trust LLC, a limited liability company wholly-owned by the Qureshi Children's Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F8 Shares held of record by the Khan Marital Trust LLC, a limited liability company wholly-owned by the Khan Marital Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F9 Shares held of record by the Khan Irrevocable Trust LLC, a limited liability company wholly-owned by the Khan Irrevocable Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F10 Shares held of record by the Khan Legacy Trust LLC, a limited liability company wholly-owned by the Khan Legacy Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F11 Shares held of record by the Khan Parents Trust LLC, a limited liability company wholly-owned by the Khan Parents Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.

Remarks:

President and Chief Operating Officer