Jeffrey C. Smith - 06 Jun 2023 Form 4 Insider Report for Cyxtera Technologies, Inc.

Reporting relationship: 10%+ Owner
Issuer ticker: N/A
Reported as of: 06 Jun 2023
Net transaction value: -$571,500
SEC form: 4
Accepted by SEC: 08 Jun 2023, 17:59:23 UTC
Prior SEC filing: 17 May 2023
Next SEC filing: 22 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ Jeffrey C. Smith

Key filing fact

Jeffrey C. Smith filed Form 4 for Cyxtera Technologies, Inc. on 08 Jun 2023.

Key facts

This page summarizes Jeffrey C. Smith's Form 4 filing for Cyxtera Technologies, Inc..
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 08 Jun 2023, 17:59.

Change

Previous filing in this sequence was filed on 17 May 2023.
Current net transaction value: -$571,500.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CYXTQ transaction

Class A Common Stock

Sale

Transaction value: $571,500
Shares: -9,000,000
Change %: -32%
Price: $0.0635
Shares after: 19,355,337
Date: 06 Jun 2023
Ownership: By Starboard Value LP
Footnotes: F1, F2

CYXTQ holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,273
Date: 06 Jun 2023
Ownership: Direct

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The total also reflects shares received in an in-kind distribution from SVAC Sponsor LLC for no consideration.

Footnote F2

Starboard Value LP ("Starboard") serves as the investment manager or manager of certain managed accounts and private investment funds (collectively, the "Starboard Accounts"), which hold the securities reported herein and as such may be deemed to beneficially own such securities. The Reporting Person, as a Managing Member of Starboard, may be deemed to beneficially own the securities directly held by the Starboard Accounts for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.