Key facts
- This page summarizes Jonathan A. Seiffer's Form 4 filing for SIGNET JEWELERS LTD (SIG).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 23 Oct 2024, 16:05.
Jonathan A. Seiffer - 21 Oct 2024 Form 4 Insider Report for SIGNET JEWELERS LTD (SIG)
- Reporting relationship
- Director
- Issuer ticker
- SIG
- Reported as of
- 21 Oct 2024
- Net transaction value
- -$10,173,125
- SEC form
- 4
- Accepted by SEC
- 23 Oct 2024, 16:05:06 UTC
- Prior SEC filing
- 02 Oct 2024
- Next SEC filing
- 18 Mar 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Andrew C. Goldberg, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Jonathan A. Seiffer filed Form 4 for SIGNET JEWELERS LTD (SIG) on 23 Oct 2024.
Change
- Previous filing in this sequence was filed on 02 Oct 2024.
- Current net transaction value: -$10,173,125.
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.
SIG
holding
Common Shares, par value $0.18
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 24,687
- Date
- 21 Oct 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SIG
transaction
Derivative
Series A Convertible Preference Shares
Sale
- Transaction value
- $10,173,125
- Shares
- -102,500
- Change %
- -100%
- Price
- $99.25
- Shares after
- 0
- Date
- 21 Oct 2024
- Ownership
- See footnote.
- Underlying class
- Common Shares
- Underlying amount
- 284,063
- Exercise price
- $78.78
- Footnotes
- F2, F3, F4, F5, F6, F7, F8
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 8 footnotes
Footnote F1
Represents Common Shares owned by Mr. Seiffer and held for the benefit of Leonard Green & Partners, L.P. ("LGP"), and includes 1,641 restricted stock units, which are subject to certain vesting and forfeiture provisions.
Footnote F2
Series A Convertible Preference Shares, par value $0.01 per share ("Series A Preference Shares").
Footnote F3
The Series A Preference Shares have a stated value of $1,050.94 per share and are convertible into Common Shares of the issuer at a current conversion price of $78.7817 per share at a conversion ratio of 12.6933 Common Shares per Series A Preference Share. The conversion ratio is subject to certain anti-dilution and other adjustments and is subject to change. Since the acquisition of the Series A Preference Shares, the conversion rate has been adjusted as a result of these anti-dilution adjustments.
Footnote F4
On October 8, 2024 Green Equity Investors VI, L.P. ("GEI VI"), Green Equity Investors Side VI, L.P. ("GEI Side VI"), LGP Associates VI-A LLC ("Associates VI-A") and LGP Associates VI-B LLC ("Associates VI-B") delivered notice to the issuer of a conversion of 102,500 Series A Preference Shares (in the aggregate) for cash in accordance with the terms of the Certificate of Designation of the Series A Preference Shares (the "Certificate of Designation"). Of the 102,500 Series A Preference Shares converted, GEI VI converted 63,553 Series A Preference Shares, GEI Side VI converted 37,878 Series A Preference Shares, Associates VI-A converted 77 Series A Preference Shares, and Associates VI-B converted 992 Series A Preference Shares. The conversion was settled in cash by the issuer for approximately $135.3 million, based on the volume weighted average share price on the date of the conversion notice, which was $99.25 per Common Share, pursuant to the terms of the Certificate of Designation.
Footnote F5
Immediately.
Footnote F6
The Series A Preference Shares do not have an expiration date.
Footnote F7
GEI VI, GEI Side VI, Associates VI-A, and Associates VI-B are the direct owners of the shares reported herein.
Footnote F8
Mr. Seiffer 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 shares owned by GEI VI, GEI Side VI, Associates VI-A and Associates VI-B. Mr. Seiffer disclaims beneficial ownership of the 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.