SIMON PROPERTY GROUP INC. - 12 Oct 2021 Form 4 Insider Report for Life Time Group Holdings, Inc. (LTH)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
14 Oct 2021, 20:37:22 UTC
Prior SEC filing
07 Oct 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Steven E. Fivel, as Secretary and General Counsel of Simon Property Group, Inc.

Key filing fact

SIMON PROPERTY GROUP INC. filed Form 4 for Life Time Group Holdings, Inc. (LTH) on 14 Oct 2021.

Key facts

  • This page summarizes SIMON PROPERTY GROUP INC.'s Form 4 filing for Life Time Group Holdings, Inc. (LTH).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 14 Oct 2021, 20:37.

Change

  • Previous filing in this sequence was filed on 07 Oct 2021.
  • Current net transaction value: +$9,230,760.

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.

LTH transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+99,014
Change %
+5%
Price
Shares after
2,099,014
Date
12 Oct 2021
Ownership
See footnote
Footnotes
F1, F2
LTH transaction

Common Stock

Purchase

Transaction value
$9,230,760
Shares
+512,820
Change %
+24%
Price
$18.00
Shares after
2,611,834
Date
12 Oct 2021
Ownership
See footnote
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LTH transaction Derivative

Series A Preferred Stock

Conversion of derivative security

Transaction value
Shares
-80,393
Change %
-100%
Price
Shares after
0
Date
12 Oct 2021
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
99,014
Exercise price
Footnotes
F1, F2
* 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

Each share of Series A preferred stock automatically converted into common stock upon the closing of Life Time Group Holdings, Inc.'s initial public offering in accordance with the Certificate of Designations pertaining to the Series A preferred stock.

Footnote F2

The shares of Common Stock and Series A preferred stock are directly held by SLT Investors, LLC, a wholly-owned direct subsidiary of Simon Property Group, L.P. Simon Property Group, Inc. is the sole general partner of Simon Property Group, L.P.

SEC remarks

The Reporting Persons may be deemed to be members of a "group" for the purposes of the Securities Exchange Act of 1934 by virtue of being a party to the Life Time Group Holdings, Inc. Third Amended and Restated Stockholders Agreement. Each Reporting Person disclaims beneficial ownership of any securities deemed to be owned by the group that are not directly owned by the Reporting Person. This report shall not be deemed an admission that the Reporting Persons are a member of a group or the beneficial owner of any securities not directly owned by the Reporting Person. The Reporting Persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest therein.

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