Key facts
- This page summarizes Searchlight Capital Partners II GP, LLC's Form 4 filing for Shift4 Payments, Inc. (FOUR).
- 6 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 11 Aug 2021, 20:24.
Searchlight Capital Partners II GP, LLC - 09 Aug 2021 Form 4 Insider Report for Shift4 Payments, Inc. (FOUR)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- FOUR
- Reported as of
- 09 Aug 2021
- Net transaction value
- -$355,937,500
- SEC form
- 4
- Accepted by SEC
- 11 Aug 2021, 20:24:01 UTC
- Prior SEC filing
- 27 May 2021
- Next SEC filing
- 28 Jan 2022
- Source filing
- View source filing
- Reporting owner signature
- Searchlight Capital Partners II GP, LLC, By: /s/ Andrew Frey, authorized person
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Searchlight Capital Partners II GP, LLC filed Form 4 for Shift4 Payments, Inc. (FOUR) on 11 Aug 2021.
Change
- Previous filing in this sequence was filed on 27 May 2021.
- Current net transaction value: -$355,937,500.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FOUR
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +1,967,750
- Change %
- Price
- $0.000000
- Shares after
- 1,967,750
- Date
- 09 Aug 2021
- Ownership
- See footnotes
- Footnotes
- F1, F2
FOUR
transaction
Class B Common Stock
Other
- Transaction value
- $0
- Shares
- -1,967,750
- Change %
- -82%
- Price
- $0.000000
- Shares after
- 443,638
- Date
- 09 Aug 2021
- Ownership
- See footnotes
- Footnotes
- F2, F3, F4
FOUR
transaction
Class C Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -2,282,250
- Change %
- -82%
- Price
- $0.000000
- Shares after
- 514,544
- Date
- 09 Aug 2021
- Ownership
- See footnotes
- Footnotes
- F2, F5
FOUR
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +2,282,250
- Change %
- +116%
- Price
- $0.000000
- Shares after
- 4,250,000
- Date
- 09 Aug 2021
- Ownership
- See footnotes
- Footnotes
- F2, F6
FOUR
transaction
Class A Common Stock
Sale
- Transaction value
- $355,937,500
- Shares
- -4,250,000
- Change %
- -100%
- Price
- $83.75
- Shares after
- 0
- Date
- 09 Aug 2021
- Ownership
- See footnotes
- Footnotes
- F2, F7
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FOUR
transaction
Derivative
LLC Interests
Conversion of derivative security
- Transaction value
- $0
- Shares
- -1,967,750
- Change %
- -82%
- Price
- $0.000000
- Shares after
- 443,638
- Date
- 09 Aug 2021
- Ownership
- See footnotes
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,967,750
- Exercise price
- Footnotes
- F1, F2, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
Represents securities held of record by Searchlight II GWN, L.P.
Footnote F2
Searchlight II GWN GP, LLC is the general partner of Searchlight II GWN, L.P. and may be deemed to share beneficial ownership over the securities held of record by Searchlight II GWN, L.P. Searchlight Capital Partners II GP, LLC is the general partner of Searchlight Capital Partners II GP, LP, which is the general partner of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and the members of Searchlight II GWN GP, LLC. As such, each of Searchlight Capital Partners II GP, LLC and Searchlight Capital Partners II GP, LP may be deemed to share beneficial ownership over the securities held of record by each of Searchlight Capital II PV, L.P., Searchlight Capital II, L.P. and Searchlight II GWN, L.P.
Footnote F3
Reflects the cancellation for no consideration of Class B Common Stock in connection with the conversion of the LLC Interests in to Class A Common Stock.
Footnote F4
Securities are held of record by Searchlight Capital II, L.P.
Footnote F5
Following the transactions reported herein, represents 41,714 Class C Common Stock held of record by Searchlight Capital II, L.P. and 472,830 Class C Common Stock held directly by Searchlight Capital II PV, L.P.
Footnote F6
Following the conversion of shares, represents 185,050 Class A Common Stock held of record by Searchlight Capital II, L.P., 2,097,200 Class A Common Stock held of record by Searchlight Capital II PV, L.P. and 1,967,750 Class A Common Stock held of record by Searchlight II GWN, L.P.
Footnote F7
The LLC Interests may be redeemed by Searchlight II GWN, L.P. at any time for shares of the Issuer's Class A Common Stock on a 1-to-1 basis.