CCMP Capital, LP - 10 May 2023 Form 4 Insider Report for Hayward Holdings, Inc. (HAYW)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 May 2023, 16:01:21 UTC
Prior SEC filing
07 Mar 2023
Next SEC filing
17 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
CCMP CAPITAL, LP By: CCMP Capital GP, LLC, its general partner By: /s/ Mark McFadden Name: Mark McFadden Title: Managing Partner

Key filing fact

CCMP Capital, LP filed Form 4 for Hayward Holdings, Inc. (HAYW) on 12 May 2023.

Key facts

  • This page summarizes CCMP Capital, LP's Form 4 filing for Hayward Holdings, Inc. (HAYW).
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 12 May 2023, 16:01.

Change

  • Previous filing in this sequence was filed on 07 Mar 2023.
  • Current net transaction value: -$183,490,197.

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.

HAYW transaction

Common Stock

Sale

Transaction value
$150,280,256
Shares
-12,789,809
Change %
-45%
Price
$11.75
Shares after
15,475,537
Date
10 May 2023
Ownership
By CCMP Capital Investors III, L.P.
Footnotes
F1, F3, F4, F5, F6
HAYW transaction

Common Stock

Sale

Transaction value
$9,276,437
Shares
-789,484
Change %
-45%
Price
$11.75
Shares after
955,266
Date
10 May 2023
Ownership
By CCMP Capital Investors III (Employee), L.P.
Footnotes
F1, F3, F4, F5, F6
HAYW transaction

Common Stock

Sale

Transaction value
$22,542,034
Shares
-1,918,471
Change %
-12%
Price
$11.75
Shares after
13,557,066
Date
12 May 2023
Ownership
By CCMP Capital Investors III, L.P.
Footnotes
F2, F3, F4, F5, F6
HAYW transaction

Common Stock

Sale

Transaction value
$1,391,470
Shares
-118,423
Change %
-12%
Price
$11.75
Shares after
836,843
Date
12 May 2023
Ownership
By CCMP Capital Investors III (Employee), L.P.
Footnotes
F2, F3, F4, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

CCMP Capital, LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

Shares sold by the reporting person were part of an underwritten secondary offering (the "Offering") of 21,000,000 shares of the Issuer's common stock which closed on May 10, 2023.

Footnote F2

Shares sold by the reporting person were part of the underwriter's complete exercise of the option to purchase an additional 3,150,000 shares of the Issuer's common stock in connection with the Offering.

Footnote F3

CCMP Capital Associates III, L.P. ("CCMP Capital Associates") is the general partner of each of CCMP Capital Investors III, L.P. ("CCMP Capital Investors"), and CCMP Capital Investors III (Employee), L.P. ("CCMP Employee" and together with CCMP Capital Investors, the "CCMP Investors"). The general partner of CCMP Capital Associates is CCMP Capital Associates III GP, LLC ("CCMP Capital Associates GP").

Footnote F4

CCMP Capital Associates GP is wholly owned by CCMP Capital, LP. The general partner of CCMP Capital, LP is CCMP Capital GP, LLC. CCMP Capital GP, LLC ultimately exercises voting and dispositive power over the shares of common stock of Hayward Holdings, Inc. held by the CCMP Investors. As a result, each of CCMP Capital Associates, CCMP Capital Associates GP, CCMP Capital, LP and CCMP Capital GP, LLC may be deemed to share beneficial ownership with respect to certain of the shares of common stock of Hayward Holdings, Inc. held by the CCMP Investors. Each of the reporting persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Footnote F5

In connection with the consummation of the initial public offering of the Issuer's common stock, par value $0.001 per share ("Common Stock"), the CCMP Investors entered into an Amended and Restated Stockholders' Agreement ("Stockholders' Agreement") with the Issuer and certain affiliates of MSD Partners, L.P. ("MSD") and the other stockholders named therein pursuant to which the CCMP Investors and MSD have agreed to coordinate with respect to the timing and manner of disposition of shares of the Common Stock held by them. By virtue of the Stockholders' Agreement, the CCMP Investors and MSD may be deemed to be members of a group for the purposes of Section 13(d) of the Securities Exchange Act of 1934 (the "Act").

Footnote F6

In addition, each reporting person may be deemed to be a member of a group for the purposes of Section 13(d) of the Act. Each reporting person disclaims any pecuniary interest in any shares of Common Stock held by the group with MSD except as reported as beneficially owned by the reporting persons in this Form 4.

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