Kenneth Hanau - 05 Jul 2023 Form 4 Insider Report for Diversey Holdings, Ltd.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
06 Jul 2023, 16:16:06 UTC
Prior SEC filing
28 Apr 2022
Next SEC filing
02 Oct 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kenneth Hanau
Filing notes and source

Key filing fact

Kenneth Hanau filed Form 4 for Diversey Holdings, Ltd. on 06 Jul 2023.

Key facts

  • This page summarizes Kenneth Hanau's Form 4 filing for Diversey Holdings, Ltd..
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 06 Jul 2023, 16:16.

Change

  • Previous filing in this sequence was filed on 28 Apr 2022.
  • Current net transaction value: -$810,495,774.

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.

DSEY transaction

Ordinary Shares, $0.0001 par value

Other

Transaction value
Shares
-132,970,571
Change %
-56%
Price
Shares after
103,379,563
Date
05 Jul 2023
Ownership
See footnote
Footnotes
F1, F2
DSEY transaction

Ordinary Shares, $0.0001 par value

Disposed to Issuer

Transaction value
$810,495,774
Shares
-103,379,563
Change %
-100%
Price
$7.84
Shares after
0
Date
05 Jul 2023
Ownership
See footnote
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Kenneth Hanau is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Consists of Ordinary Shares held directly by BCPE Diamond Investor, LP ("BCPE Diamond Investor"). Bain Capital Investors, LLC ("BCI") is the ultimate general partner of BCPE Diamond Investor. Mr. Hanau is a Partner of BCI. By virtue of the relationships described in this footnote, Mr. Hanau may be deemed to share voting and dispositive power with respect to the Ordinary Shares held by BCPE Diamond Investor. Mr. Hanau disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Footnote F2

Pursuant to and in connection with the transactions contemplated by that certain Agreement and Plan of Merger, dated as of March 8, 2023, by and among the Issuer, Olympus Water Holdings IV, L.P. ("Parent"), acting by its general partner, Olympus Water Holdings Limited and Diamond Merger Limited, the reported securities were disposed of, with 103,379,563 Ordinary Shares cancelled and exchanged into the right to receive $7.84 in cash and 132,970,571 Ordinary Shares contributed to Olympus Water Holdings I, L.P. ("Topco"), an affiliate of Parent, in exchange for certain common and preferred shares of Solenis Holdings Limited pursuant to the Rollover Contribution Agreement, dated as of March 8, 2023, by and among BCPE Diamond Investor and Topco.

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