Teachers Pension Plan Board Ontario - 07 Jun 2021 Form 4 Insider Report for Cushman & Wakefield plc (CWK)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
09 Jun 2021, 17:00:10 UTC
Prior SEC filing
04 Jun 2021
Next SEC filing
29 Jul 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Raju Ruparelia

Key filing fact

Teachers Pension Plan Board Ontario filed Form 4 for Cushman & Wakefield plc (CWK) on 09 Jun 2021.

Key facts

  • This page summarizes Teachers Pension Plan Board Ontario's Form 4 filing for Cushman & Wakefield plc (CWK).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 09 Jun 2021, 17:00.

Change

  • Previous filing in this sequence was filed on 04 Jun 2021.
  • Current net transaction value: -$64,761,946.

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.

CWK transaction

Ordinary Shares

Sale

Transaction value
$64,761,946
Shares
-3,489,329
Change %
-24%
Price
$18.56
Shares after
11,145,496
Date
07 Jun 2021
Ownership
Direct
Footnotes
F1, F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

OTPP is the direct holder of 11,145,496 Ordinary Shares ("Ordinary Shares") of Cushman & Wakefield plc (the "Issuer").

Footnote F2

The President and Chief Executive Officer of OTPP has delegated to each of Messrs. Rajeev Ruparelia and Wei Beng Chan the authority to implement disposition decisions with respect to shares held by OTPP; however, approval of such decisions is made by senior personnel within the private capital group of OTPP in accordance with internal portfolio guidelines. Voting decisions are made by personnel within the public equities group of OTPP in accordance with internal proxy voting guidelines. As such, each of Messrs. Ruparelia and Chan expressly disclaims beneficial ownership of such shares.

Footnote F3

OTPP entered into a Stockholders Agreement, dated as of August 6, 2018, with certain other holders (the "Holders") of Ordinary Shares. Pursuant to the Stockholders Agreement, OTPP and the Holders have agreed to, among other things, vote their Ordinary Shares to elect members of the Board of Directors of the Issuer as set forth therein.

Footnote F4

Because of the relationship between the OTPP and the Holders as a result of the Stockholders Agreement, the Reporting Person may be deemed, pursuant to Rule 13d-3 under the Act, to beneficially own the Ordinary Shares beneficially owned by the Holders. OTPP disclaims beneficial ownership of the Ordinary Shares beneficially owned by the Holders, except to the extent of its pecuniary interest therein, if any.

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