Filing Details

Accession Number:
0001209191-20-058107
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-11-12 18:09:33
Reporting Period:
2020-11-10
Accepted Time:
2020-11-12 18:09:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1411688 Container Store Group Inc. TCS () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1175523 Leonard Green & Partners, L.p. 11111 Santa Monica Blvd
Ste 2000
Los Angeles CA 90025
Yes No Yes No
1175525 Lgp Management Inc 11111 Santa Monica Blvd
Ste 2000
Los Angeles, CA 90025
Yes No Yes No
1449640 Gei Capital V, Llc 11111 Santa Monica Boulevard
Suite 2000
Los Angeles CA 90025
Yes No Yes No
1449643 Green Equity Investors Side V, L.p. 11111 Santa Monica Boulevard
Suite 2000
Los Angeles CA 90025
Yes No Yes No
1449644 Green Equity Investors V, L.p. 11111 Santa Monica Boulevard
Suite 2000
Los Angeles CA 90025
Yes No Yes No
1449645 Green V Holdings, Llc 11111 Santa Monica Boulevard
Suite 2000
Los Angeles CA 90025
Yes No Yes No
1590842 Tcs Co-Invest, Llc 11111 Santa Monica Blvd.
Suite 2000
Los Angeles CA 90025
Yes No Yes No
1632725 Peridot Coinvest Manager Llc 11111 Santa Monica Boulevard
Los Angeles, CA 90025
Yes No Yes No
1642447 Lgp Associates V Llc 11111 Santa Monica Boulevard
Suite 2000
Los Angeles CA 90025
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Disposition 2020-11-10 140,963 $10.30 20,346,380 No 4 S Direct
Common Stock, Par Value $0.01 Disposition 2020-11-10 42,285 $10.30 6,103,415 No 4 S Direct
Common Stock, Par Value $0.01 Disposition 2020-11-10 1,811 $10.30 261,336 No 4 S Direct
Common Stock, Par Value $0.01 Disposition 2020-11-11 113,668 $10.15 20,232,712 No 4 S Direct
Common Stock, Par Value $0.01 Disposition 2020-11-11 34,098 $10.15 6,069,317 No 4 S Direct
Common Stock, Par Value $0.01 Disposition 2020-11-11 1,460 $10.15 259,876 No 4 S Direct
Common Stock, Par Value $0.01 Disposition 2020-11-12 116,061 $10.07 20,116,651 No 4 S Direct
Common Stock, Par Value $0.01 Disposition 2020-11-12 34,815 $10.07 6,034,502 No 4 S Direct
Common Stock, Par Value $0.01 Disposition 2020-11-12 1,491 $10.07 258,385 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.01 168,414 Indirect See footnote.
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (Right to Buy) $18.00 2023-10-31 40,808 40,808 Indirect
Common Stock Stock Option (Right to Buy) $21.53 2024-10-27 30,396 30,396 Indirect
Common Stock Stock Option (Right to Buy) $17.28 2025-08-03 35,463 35,463 Indirect
Common Stock Stock Option (Right to Buy) $5.35 2026-08-01 92,025 92,025 Indirect
Common Stock Stock Option (Right to Buy) $4.10 2027-09-12 128,757 128,757 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2023-10-31 40,808 40,808 Indirect
2024-10-27 30,396 30,396 Indirect
2025-08-03 35,463 35,463 Indirect
2026-08-01 92,025 92,025 Indirect
2027-09-12 128,757 128,757 Indirect
Footnotes
  1. Represents shares of the Issuer's common stock, par value $0.01 per share (the "Common Stock") sold by Green Equity Investors V, L.P. ("GEI V").
  2. This transaction was executed in multiple trades at prices ranging from $10.10 to $10.525. The price reported above reflects the weighted average sale price. The Reporting Persons hereby undertake to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer full information regarding the number of Shares and prices at which the trades were effected.
  3. Represents shares owned by GEI V.
  4. GEI Capital V, LLC ("GEIC") is the general partner of GEI V and Green Equity Investors Side V, L.P. ("GEI Side V"). Green V Holdings, LLC ("Holdings") is a limited partner of GEI V and GEI Side V. Leonard Green & Partners, L.P. ("LGP") is the manager of GEI V, GEI Side V and Peridot Coinvest Manager LLC ("Peridot"), and an affiliate of GEIC and Holdings. LGP Management, Inc. ("LGPM") is the general partner of LGP. Peridot is the manager of LGP Associates V LLC ("Associates V"). Associates V is the manager of TCS Co-Invest, LLC ("TCS").
  5. GEI Side V, as an affiliated entity of GEI V, LGP, as the manager of GEI V, GEI Side V and Peridot, LGPM, as the general partner of LGP, GEIC, as the general partner of GEI V and GEI Side V, Holdings, as a limited partner of GEI V and GEI Side V, Peridot, as the manager of Associates V, and Associates V, as the manager of TCS, 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 owners of the Shares (in the case of GEI Side V, the GEI V Shares and TCS's Shares, in the case of GEI V, the GEI Side V Shares and TCS's Shares, and in the case of TCS, the GEI V Shares and the GEI Side V Shares) owned by GEI V, GEI Side V, or TCS.
  6. Each of GEI Side V, TCS, GEIC, Holdings, LGP, LGPM, Peridot, and Associates V disclaims beneficial ownership of the Shares reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.
  7. Represents shares of Common Stock sold by GEI Side V.
  8. Represents shares owned by GEI Side V.
  9. Each of GEI V, TCS, LGP, LGPM, GEIC, Holdings, Peridot and Associates V disclaims beneficial ownership of the Shares reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.
  10. Represents shares of Common Stock sold by TCS.
  11. Represents shares of Common Stock owned by TCS.
  12. Each of GEI V, GEI Side V, LGP, LGPM, GEIC, Holdings, Peridot and Associates V disclaims beneficial ownership of the Shares reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.
  13. This transaction was executed in multiple trades at prices ranging from $10.05 to $10.325. The price reported above reflects the weighted average sale price. The Reporting Persons hereby undertake to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer full information regarding the number of Shares and prices at which the trades were effected.
  14. This transaction was executed in multiple trades at prices ranging from $9.98 to $10.385. The price reported above reflects the weighted average sale price. The Reporting Persons hereby undertake to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer full information regarding the number of Shares and prices at which the trades were effected.
  15. Represents shares of restricted Common Stock owned by Messrs. Sokoloff, Flynn, and Galashan, each of whom hold 56,138 shares of restricted Common Stock.
  16. The options reported on this row are fully vested.
  17. The options reported on this row were granted to Jonathan D. Sokoloff, Timothy J. Flynn, and J. Kristofer Galashan in respect of their service on the Issuer's board of directors for the benefit of LGP, with Mr. Sokoloff and Mr. Flynn each holding 13,603 of such options and Mr. Galashan holding 13,602 of such options. Each of Messrs. Sokoloff, Flynn, and Galashan disclaims beneficial ownership of such options, except to the extent of his pecuniary interest therein. LGP 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 such options.
  18. The options reported on this row were granted to Jonathan D. Sokoloff, Timothy J. Flynn, and J. Kristofer Galashan in respect of their service on the Issuer's board of directors for the benefit of LGP, with Messrs. Sokoloff, Flynn, and Galashan each holding 10,132 of such options. Each of Messrs. Sokoloff, Flynn, and Galashan disclaims beneficial ownership of such options, except to the extent of his pecuniary interest therein. LGP 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 such options.
  19. The options reported on this row were granted to Jonathan D. Sokoloff, Timothy J. Flynn, and J. Kristofer Galashan in respect of their service on the Issuer's board of directors for the benefit of LGP, with Messrs. Sokoloff, Flynn, and Galashan each holding 11,821 of such options. Each of Messrs. Sokoloff, Flynn, and Galashan disclaims beneficial ownership of such options, except to the extent of his pecuniary interest therein. LGP 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 such options.
  20. The options reported on this row were granted to Jonathan D. Sokoloff, Timothy J. Flynn, and J. Kristofer Galashan in respect of their service on the Issuer's board of directors for the benefit of LGP, with Messrs. Sokoloff, Flynn, and Galashan each holding 30,675 of such options. Each of Messrs. Sokoloff, Flynn, and Galashan disclaims beneficial ownership of such options, except to the extent of his pecuniary interest therein. LGP 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 such options.
  21. The options reported on this row were granted to Jonathan D. Sokoloff, Timothy J. Flynn, and J. Kristofer Galashan in respect of their service on the Issuer's board of directors for the benefit of LGP, with Messrs. Sokoloff, Flynn, and Galashan each holding 42,919 of such options. Each of Messrs. Sokoloff, Flynn, and Galashan disclaims beneficial ownership of such options, except to the extent of his pecuniary interest therein. LGP 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 such options.