Robert Burton Harvey - 23 Jan 2025 Form 4 Insider Report for i3 Verticals, Inc. (IIIV)

Role
Director
Signature
/s/ Paul Maple, Attorney-in-Fact for Robert Burton Harvey
Issuer symbol
IIIV
Transactions as of
23 Jan 2025
Net transactions value
$0
Form type
4
Filing time
24 Jan 2025, 17:21:54 UTC
Previous filing
14 Feb 2024
Next filing
12 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IIIV Class B common stock, par value $0.0001 per share Disposed to Issuer $0 -431 -3.7% $0.000000 11,285 23 Jan 2025 Direct F1
transaction IIIV Class B common stock, par value $0.0001 per share Disposed to Issuer $0 -1,545 -3.7% $0.000000 40,365 23 Jan 2025 By CCSD II, L.P. F2, F3
transaction IIIV Class B common stock, par value $0.0001 per share Disposed to Issuer $0 -1,032 -3.7% $0.000000 26,980 23 Jan 2025 By Claritas Capital Specialty Debt Fund, LP F4, F5
transaction IIIV Class B common stock, par value $0.0001 per share Disposed to Issuer $0 -172 -3.7% $0.000000 4,515 23 Jan 2025 By CF i3 Corporation F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 23, 2025, the common units of i3 Verticals, LLC (the "Common Units") were recapitalized through a reverse unit split, which resulted in the retirement without consideration of 369,256 shares of the Issuer's Class B common stock, par value $0.0001 per share (the "Class B Common Stock") in accordance with the Amended and Restated Certificate of Incorporation of the Issuer (collectively, the "Recapitalization"). As a result of the Recapitalization, the Common Units and shares of Class B Common Stock beneficially owned by the Reporting Person were reduced by 431.
F2 As a result of the Recapitalization, the Common Units and shares of Class B Common Stock beneficially owned by CCSD II, L.P. ("CCSD") were reduced by 1,545.
F3 Represents shares of Class B Common Stock held by CCSD, of which the Reporting Person serves as a voting member of the investment committee. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
F4 As a result of the Recapitalization, the Common Units and shares of Class B Common Stock beneficially owned by Claritas Capital Specialty Debt Fund, LP ("Claritas") were reduced by 1,032.
F5 Represents shares of Class B Common Stock held by Claritas, of which the Reporting Person serves as a voting member of the investment committee. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
F6 As a result of the Recapitalization, the Common Units and shares of Class B Common Stock beneficially owned by CF i3 Corporation ("CF") were reduced by 172.
F7 Represents shares of Class B Common Stock held by CF, of which the Reporting Person serves as an officer. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.