Usama Cortas - 21 Jun 2021 Form 4 Insider Report for CLARIVATE Plc (CLVT)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
23 Jun 2021, 19:50:30 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Andrew Goldberg, attorney-in-fact

Key filing fact

Usama Cortas filed Form 4 for CLARIVATE Plc (CLVT) on 23 Jun 2021.

Key facts

  • This page summarizes Usama Cortas's Form 4 filing for CLARIVATE Plc (CLVT).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 23 Jun 2021, 19:50.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

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.

CLVT transaction

Ordinary Shares

Other

Transaction value
Shares
-116,666,507
Change %
-100%
Price
Shares after
0
Date
21 Jun 2021
Ownership
See footnote.
Footnotes
F1, F2, F3
CLVT transaction

Ordinary Shares

Other

Transaction value
Shares
+116,666,507
Change %
Price
Shares after
116,666,507
Date
21 Jun 2021
Ownership
See footnote.
Footnotes
F1, 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

In connection with a series of related reorganization transactions, which were effected on June 21, 2021, the Ordinary Shares of Clarivate Plc (the "Issuer") held by Capri Acquisitions Topco Limited ("Topco") indirectly for the benefit of GEI VII Capri Holdings, LLC ("Holdings") on behalf of certain of the Reporting Persons named herein were transferred to be held directly by Holdings on behalf of certain of the Investors (as defined below) named herein.

Footnote F2

Topco is the direct holder of record of the Ordinary Shares reported herein, and holds such Ordinary Shares on behalf of Green Equity Investors VII, L.P. ("GEI VII"), Green Equity Investors Side VII, L.P. ("GEI Side VII"), GEI VII Capri AIV, L.P. ("AIV"), Capri Coinvest LP ("Coinvest"), LGP Associates VII-A LLC ("Associates VII-A"), and LGP Associates VII-B LLC ("Associates VII-B" and together with GEI VII, GEI Side VII, AIV, Coinvest, and Associates VII-A, the "Investors"), through Holdings. Of the 116,666,507 Ordinary Shares held by Topco on behalf of the Investors through Holdings, (i) GEI VII is the indirect owner of 33,763,998 Ordinary Shares, (ii) GEI Side VII is the indirect owner of 47,264,079 Ordinary Shares, (iii) AIV is the indirect owner of 6,234,835 Ordinary Shares, (iv) Coinvest is the indirect owner of 28,094,163, (v) Associates VII-A is the indirect owner of 121,171 Ordinary Shares, and (vi) Associates VII-B is the indirect owner of 1,188,261 Ordinary Shares.

Footnote F3

Mr. Cortas directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the Ordinary Shares owned by the Investors through Topco and Holdings. Mr. Cortas disclaims beneficial ownership of the Ordinary Shares reported herein except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Footnote F4

Holdings is the direct holder of record of the Ordinary Shares of the Issuer reported herein, and holds such Ordinary Shares on behalf of the Investors. Of the 116,666,507 Ordinary Shares held by Holdings on behalf of the Investors, (i) GEI VII is the indirect owner of 33,763,998 Ordinary Shares, (ii) GEI Side VII is the indirect owner of 47,264,079 Ordinary Shares, (iii) AIV is the indirect owner of 6,234,835 Ordinary Shares, (iv) Coinvest is the indirect owner of 28,094,163, (v) Associates VII-A is the indirect owner of 121,171 Ordinary Shares, and (vi) Associates VII-B is the indirect owner of 1,188,261 Ordinary Shares.

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