SUMMIT PARTNERS L P - 18 Aug 2025 Form 4 Insider Report for LifeStance Health Group, Inc. (LFST)

Role
10%+ Owner
Signature
Summit Partners Growth Equity Fund IX-A, L.P., by Summit Partners GE IX, L.P., its GP, by Summit Partners GE IX, LLC, its GP, by Summit Partners, L.P., its Manager, by Summit Master Company, LLC, its GP, by /s/ Adam Hennessey, Member
Issuer symbol
LFST
Transactions as of
18 Aug 2025
Net transactions value
-$42,626,750
Form type
4
Filing time
20 Aug 2025, 16:34:29 UTC
Previous filing
15 Aug 2025
Next filing
22 Aug 2025

Reporting Owners (6)

Name Relationship Address Signature Signature date CIK
SUMMIT PARTNERS L P 10%+ Owner 222 BERKELEY STREET, 18TH FLOOR, BOSTON Summit Partners Growth Equity Fund IX-A, L.P., by Summit Partners GE IX, L.P., its GP, by Summit Partners GE IX, LLC, its GP, by Summit Partners, L.P., its Manager, by Summit Master Company, LLC, its GP, by /s/ Adam Hennessey, Member 20 Aug 2025 0000830588
Summit Partners Growth Equity Fund IX-A, L.P. shareholder 222 BERKELEY STREET, 18TH FLOOR, BOSTON Summit Partners Growth Equity Fund IX-B, L.P., by Summit Partners GE IX, L.P., its GP, by Summit Partners GE IX, LLC, its GP, by Summit Partners, L.P., its Manager, by Summit Master Company, LLC, its GP, by /s/ Adam Hennessey, Member 20 Aug 2025 0001634415
Summit Partners Growth Equity Fund IX-B, L.P. shareholder 222 BERKELEY STREET, 18TH FLOOR, BOSTON Summit Investors GE IX/VC IV (UK), L.P., by Summit Investors Management, LLC, its General Partner, by Summit Master Company, LLC, its Managing Member, by /s/ Adam Hennessey, Member 20 Aug 2025 0001634426
SUMMIT INVESTORS GE IX/VC IV, LLC owner 222 BERKELEY ST, 18TH FLOOR, BOSTON Summit Partners Entrepreneur Advisors Fund II, L.P., by Summit Partners Entrepreneur Advisors GP II, LLC, its General Partner, by /s/ Adam Hennessey, Member 20 Aug 2025 0001654074
SUMMIT INVESTORS GE IX/VC IV (UK), L.P. Owner 222 BERKELEY ST, 18TH FLOOR, BOSTON Summit Investors GE IX/VC IV, LLC, by Summit Investors Management, LLC, its Manager, by Summit Master Company, LLC, its Managing Member, by /s/ Adam Hennessey, Member 20 Aug 2025 0001846709
Summit Partners Entrepreneur Advisors Fund II, L.P. Owner 222 BERKELEY ST, 18TH FLOOR, BOSTON Summit Partners Growth Equity Fund IX-A, L.P., by Summit Partners GE IX, L.P., its GP, by Summit Partners GE IX, LLC, its GP, by Summit Partners, L.P., its Manager, by Summit Master Company, LLC, its GP, by /s/ Adam Hennessey, Member 20 Aug 2025 0001660981

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LFST Common Stock Sale $42,626,750 -8,407,643 -20% $5.07 33,524,715 18 Aug 2025 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

SUMMIT PARTNERS L P is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents 5,148,494 shares sold by Summit Partners Growth Equity Fund IX-A, L.P., 3,214,648 shares sold by Summit Partners Growth Equity Fund IX-B, L.P., 35,938 shares sold by Summit Investors GE IX/VC IV, LLC, 4,804 shares sold by Summit Partners Entrepreneur Advisors Fund II, L.P. and 3,759 shares sold by Summit Investors GE IX/VC IV (UK), L.P.
F2 The reported securities are held as follows: 20,529,149 shares in the name of Summit Partners Growth Equity Fund IX-A, L.P.; 12,818,117 shares in the name of Summit Partners Growth Equity Fund IX-B, L.P.; 143,301 shares in the name of Summit Investors GE IX/VC IV, LLC; 19,157 shares in the name of Summit Partners Entrepreneur Advisors Fund II, L.P.; and 14,991 shares in the name of Summit Investors GE IX/ VC IV (UK), L.P.
F3 Summit Partners, L.P. is the managing member of Summit Partners GE IX, LLC, which is general partner of Summit Partners GE IX, L.P., which is the general partner of Summit Partners Growth Equity Fund IX-A, L.P. and Summit Partners Growth Equity Fund IX-B, L.P. Summit Master Company, LLC is (i) the sole member of Summit Partners Entrepreneur Advisors GP II, LLC, which is the general partner of Summit Partners Entrepreneur Advisors Fund II, L.P. and (ii) the general partner of Summit Partners L.P., which is the manager of Summit Investors Management, LLC, which is the manager of Summit Investors GE IX/VC IV, LLC, and the general partner of Summit Investors GE IX/VC IV (UK), L.P.
F4 Summit Master Company, LLC, as the sole member of Summit Partners Entrepreneur Advisors GP II, LLC and the managing member of Summit Investors Management, LLC, has delegated investment decisions, including voting and dispositive power, to Summit Partners, L.P. and its investment committee responsible for voting and investment decisions with respect to LifeStance Health Group, Inc. Summit Partners, L.P., through a four-person investment committee, currently composed of Peter Y. Chung, Mark A. deLaar, Darren M. Black and Craig D. Frances, has voting and dispositive authority over the shares held by each of these entities and therefore beneficially owns such shares. Each of the Summit Funds, Mr. Chung, Mr. deLaar, Mr. Black and Dr. Frances disclaim beneficial ownership of the shares, except, in each case, to the extent of such person's or entity's pecuniary interest therein.