John Kristofer Galashan - Oct 12, 2021 Form 4 Insider Report for Life Time Group Holdings, Inc. (LTH)

Role
Director, 10%+ Owner
Signature
/s/ Andrew C. Goldberg, Attorney-in-fact
Stock symbol
LTH
Transactions as of
Oct 12, 2021
Transactions value $
$90,000,000
Form type
4
Date filed
10/14/2021, 05:44 PM
Previous filing
Oct 7, 2021
Next filing
Sep 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTH Common Stock Conversion of derivative security +2.24M +4.35% 53.7M Oct 12, 2021 See footnote. F1, F2, F3, F4
transaction LTH Common Stock Purchase $90M +5M +9.3% $18.00 58.7M Oct 12, 2021 See footnote F4, F5, F6

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 LTH Series A Preferred Stock Conversion of derivative security -1.82M -100% 0 Oct 12, 2021 Common Stock 2.24M See footnote. F2, F4, F7, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock of the Issuer acquired by Green LTF Holdings II LP ("Green LTF"), LGP Associates VI-A LLC ("Associates VI-A"), and LGP Associates VI-B LLC ("Associates VI-B") pursuant to the automatic conversion of shares of the Issuer's Series A Preferred Stock upon the closing of the Issuer's initial public offering in accordance with the Certificate of Designation pertaining to the Series A Preferred Stock. Of the shares of Common Stock reported, 2,197,020 are held by Green LTF, 4,074 are held by Associates VI-A, and 40,606 are held by Associates VI-B.
F2 Each share of Series A Preferred Stock automatically converted into common stock upon the closing of the Issuer's initial public offering in accordance with the Certificate of Designations pertaining to the Series A Preferred Stock.
F3 Represents shares of Common Stock owned by Green LTF, Associates VI-A, and Associates VI-B. Of the shares of Common Stock reported, 52,670,520 are held by Green LTF, 97,678 are held by Associates VI-A, and 973,502 are held by Associates VI-B.
F4 Mr. Galashan directly {whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the securities owned by Green LTF, Associates VI-A, and Associates VI-B. Mr. Galashan disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F5 Represents shares of Common Stock purchased by Green LTF.
F6 Represents shares of Common Stock owned by Green LTF, Associates VI-A, and Associates VI-B. Of the shares of Common Stock reported, 57,670,520 are held by Green LTF, 97,678 are held by Associates VI-A, and 973,502 are held by Associates VI-B.
F7 Represents shares of Series A Preferred Stock held by Green LTF, Associates VI-A, and Associates VI-B. Of the shares of Series A Preferred Stock reported, 1,783,830 are held by Green LTF, 3,308 are held by Associates VI-A, and 32,970 are held by Associates VI-B.
F8 Represents shares of Common Stock underlying the shares of Series A Preferred Stock held by Green LTF, Associates VI-A, and Associates VI-B. Of the underlying shares of Common Stock reported, 2,197,020 are held by Green LTF, 4,074 are held by Associates VI-A, and 40,606 are held by Associates VI-B.
F9 Represents shares of Series A Preferred Stock held by Green LTF, Associates VI-A, and Associates V-B. Of the shares of Series A Preferred Stock reported, 0 are held by Green LTF, 0 are held by Associates VI-A, and 0 are held by Associates VI-B.