Peter Y. Chung - Aug 8, 2022 Form 4 Insider Report for MACOM Technology Solutions Holdings, Inc. (MTSI)

Role
Director
Signature
Adam H. Hennessey, POA for Peter Y. Chung
Stock symbol
MTSI
Transactions as of
Aug 8, 2022
Transactions value $
-$50,168,349
Form type
4
Date filed
8/10/2022, 04:13 PM
Previous filing
Jun 28, 2022
Next filing
Sep 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTSI Common Stock Sale -$50.2M -850K -95.16% $59.00 43.3K Aug 8, 2022 See Remarks F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 530,293 shares of Common Stock sold by Summit Partners Private Equity Fund VII-A, L.P.; 318,502 shares of Common Stock sold by Summit Partners Private Equity Fund VII-B, L.P.; 1,416 shares of Common Stock sold by Summit Investors I, LLC; and 100 shares of Common Stock sold by Summit Investors I (UK), L.P.
F2 Reflects 43,268 shares and restricted stock units in the name of Mr. Chung, which are held for the benefit of Summit Partners, L.P.
F3 Mr. Chung holds any Common Stock and restricted stock units for the benefit of Summit Partners, L.P. which he has empowered to determine when the underlying shares will be sold and which is entitled to the proceeds of any such sales. Summit Partners, L.P., through a two-person Investment Committee, responsible for voting and investment decisions with respect to the Issuer, currently composed of Martin J. Mannion and Peter Y. Chung, has voting and dispositive authority over the shares and restricted stock units reported herein and therefore may be deemed to beneficially own such shares. Summit Partners, L.P., Mr. Mannion and Mr. Chung disclaims beneficial ownership of the shares of common stock and the restricted stock units, except to the extent of their pecuniary interest therein.