TPG Asia Advisors VI, Inc. - Aug 16, 2021 Form 4 Insider Report for Cushman & Wakefield plc (CWK)

Role
10%+ Owner
Signature
/s/ Michael LaGatta, Vice President, TPG Asia Advisors VI, Inc. (4)
Stock symbol
CWK
Transactions as of
Aug 16, 2021
Transactions value $
-$118,896,378
Form type
4
Date filed
8/18/2021, 04:17 PM
Previous filing
Jun 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWK Ordinary Shares Sale -$119M -6.51M -14.72% $18.25 37.8M Aug 16, 2021 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 David Bonderman and James G. Coulter are sole shareholders of TPG Asia Advisors VI, Inc. ("TPG Advisors VII" and, together with Messrs. Bonderman and Coulter, the "Reporting Persons"), which is the general partner of each of (i) TPG Drone Investment, L.P., which directly holds 26,305,098 Ordinary Shares ("Ordinary Shares") of Cushman & Wakefield plc (the "Issuer"), and (ii) TPG Drone Co-Invest, L.P. (together with TPG Drone Investment, L.P., the "TPG Funds"), which directly holds 11,448,574 Ordinary Shares.
F2 Because of the relationship between the Reporting Persons and the TPG Funds, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of the greater of their respective direct or indirect pecuniary interests in the profits or capital accounts of the TPG Funds. Each Reporting Person and each of the TPG Funds disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's or such TPG Fund's pecuniary interest therein, if any.
F3 Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.

Remarks:

4. The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. 5. Gerald Neugebauer is signing on behalf of Messrs. Bonderman and Coulter pursuant to the authorization and designation letters dated February 26, 2020, which were previously filed with the Securities and Exchange Commission.