Chinh Chu - Aug 24, 2022 Form 4 Insider Report for Getty Images Holdings, Inc. (GETY)

Role
Director
Signature
/s/ Kjelti Kellough as attorney in fact for Chinh Chu
Stock symbol
GETY
Transactions as of
Aug 24, 2022
Transactions value $
$0
Form type
4
Date filed
8/26/2022, 06:39 PM
Previous filing
Jul 22, 2022
Next filing
Aug 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GETY Class A common stock Conversion of derivative security +1.28M +14.71% 9.98M Aug 24, 2022 By CC Neuberger Principal Holdings II Sponsor LLC F1, F2, F3
transaction GETY Class A common stock Conversion of derivative security +1.28M +12.82% 11.3M Aug 25, 2022 By CC Neuberger Principal Holdings II Sponsor LLC F3, F4

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
transaction GETY Series B-1 common stock Conversion of derivative security $0 -1.28M -100% $0.00* 0 Aug 24, 2022 Class A common stock 1.28M By CC Neuberger Principal Holdings II Sponsor LLC F1, F3, F5
transaction GETY Series B-2 common stock Conversion of derivative security $0 -1.28M -100% $0.00* 0 Aug 25, 2022 Class A common stock 1.28M By CC Neuberger Principal Holdings II Sponsor LLC F3, F4, F5
holding GETY Warrants to purchase Class A common stock 9.28M Aug 24, 2022 Class A common stock $11.50 By CC Neuberger Principal Holdings II Sponsor LLC F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Series B-1 common stock automatically converted into shares of Class A common stock on a one-for-one basis upon the daily volume weighted average trading price of the Class A common stock exceeding $12.50 per share for 20 days out of 30 consecutive trading days.
F2 The reported amount includes 8,697,200 shares of Class A common stock that were acquired by the Reporting Person on July 22, 2022, in a Rule 16b-3 exempt exchange for securities of CC Neuberger Principal Holdings II ("CC Neuberger SPAC II"), pursuant to the Business Combination Agreement, dated December 9, 2021, by and among the Sponsor, the Issuer, Griffey Global Holdings, Inc. and the other parties thereto.
F3 The reported securities are held by CC Neuberger Principal Holdings II Sponsor LLC (the "Sponsor"), which is controlled by an affiliate of the reporting person. The reported securities reflect the portion of securities held by the Sponsor which are attributed to the reporting person; the reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F4 Shares of Series B-2 common stock automatically converted into shares of Class A common stock on a one-for-one basis upon the daily volume weighted average trading price of the Class A common stock exceeding $15.00 per share for 20 days out of 30 consecutive trading days.
F5 The reported 1,279,000 shares of Series B-1 common stock, 1,279,000 shares of Series B-2 common stock and 9,280,000 Warrants to purchase Class A common stock were acquired by the Reporting Person on July 22, 2022, in a Rule 16b-3 exempt exchange for securities of CC Neuberger SPAC II, pursuant to the Business Combination Agreement, dated December 9, 2021, by and among the Sponsor, the Issuer, Griffey Global Holdings, Inc. and the other parties thereto.