Key facts
- This page summarizes TPG GP A, LLC's Form 4 filing for Cushman & Wakefield plc (CWK).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 24 May 2024, 16:28.
TPG GP A, LLC - 22 May 2024 Form 4 Insider Report for Cushman & Wakefield plc (CWK)
- Reporting relationship
- Former 10% Owner
- Issuer ticker
- CWK
- Reported as of
- 22 May 2024
- Net transaction value
- -$188,078,011
- SEC form
- 4
- Accepted by SEC
- 24 May 2024, 16:28:18 UTC
- Prior SEC filing
- 04 Mar 2024
- Next SEC filing
- 29 May 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Bradford Berenson, General Counsel, TPG GP A, LLC (6)
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
TPG GP A, LLC filed Form 4 for Cushman & Wakefield plc (CWK) on 24 May 2024.
Change
- Previous filing in this sequence was filed on 04 Mar 2024.
- Current net transaction value: -$188,078,011.
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.
CWK
transaction
Ordinary Shares
Sale
- Transaction value
- $188,078,011
- Shares
- -17,098,001
- Change %
- -100%
- Price
- $11.00
- Shares after
- 0
- Date
- 22 May 2024
- Ownership
- See Explanation of Responses
- Footnotes
- F1, F2, F3, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
TPG GP A, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote F1
Entities owned by David Bonderman, James G. Coulter and Jon Winkelried own TPG GP A, LLC (together with Messrs. Bonderman, Coulter and Winkelried, the "Reporting Persons"), which is the managing member of each of (i) TPG Group Holdings (SBS) Advisors, LLC, which is the general partner of TPG Group Holdings (SBS), L.P., and (ii) Alabama Investments (Parallel) GP, LLC, which is the general partner of each of (a) Alabama Investments (Parallel), LP, (b) Alabama Investments (Parallel) Founder A, LP and (c) Alabama Investments (Parallel) Founder G, LP, which, collectively with TPG Group Holdings (SBS), L.P., Alabama Investments (Parallel), LP and Alabama Investments (Parallel) Founder A, LP, holds 100% of the shares of Class B common stock (which represents a majority of the combined voting power of the common stock) of TPG Inc.
Footnote F2
TPG Inc. is the sole member of TPG GPCo, LLC, which is the sole member of TPG Holdings II-A, LLC, which is the general partner of TPG Operating Group II, L.P., which is the sole member of TPG Holdings I-A, LLC, which is the general partner of TPG Operating Group I, L.P., which is the sole shareholder of TPG Asia GenPar VI Advisors, Inc., which is the general partner of TPG Asia GenPar VI, L.P.
Footnote F3
TPG Asia GenPar VI, L.P. is the managing member of TPG Asia VI SPV GP, LLC, which is the general partner of each of (i) TPG Drone Investment, L.P., which directly held Ordinary Shares ("Ordinary Shares") of Cushman & Wakefield plc (the "Issuer"), and (ii) TPG Drone Co-Invest, L.P. (together with TPG Drone Investment, L.P., the "TPG Funds"), which directly held Ordinary Shares.
Footnote F4
Because of the relationship between the Reporting Persons and the TPG Funds, the Reporting Persons may have been deemed to have beneficially owned the securities reported herein to the extent of the greater of their respective direct or indirect pecuniary interests in the profits or capital accounts of the TPG Funds. Each Reporting Person and each of the TPG Funds disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's or such TPG Fund's pecuniary interest therein, if any.
Footnote F5
Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.
SEC remarks
(6) The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. (7) Gerald Neugebauer is signing on behalf of Messrs. Bonderman, Coulter and Winkelried pursuant to the authorization and designation letters dated January 10, 2024, which were previously filed with the Securities and Exchange Commission.