Home > Insider Trading > Filing (0000899243-21-018779)

Filing Details

Accession Number:: 0000899243-21-018779
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-05-07 13:00:00
Reporting Period:: 2021-05-05

Accepted Time:: 2021-05-07 21:36:21
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1794669	Shift4 Payments Inc.	FOUR	()	E9

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1648706	Searchlight Capital Ii, L.p.	745 Fifth Avenue, 27Th Floor New York NY 10151	No	No	Yes	No
1648707	Searchlight Capital Ii Pv, L.p.	745 Fifth Avenue, 27Th Floor New York NY 10151	No	No	Yes	No
1735631	Searchlight Capital Partners Ii Gp, Llc	745 Fifth Avenue, 27Th Floor New York NY 10151	No	No	Yes	No
1735633	Searchlight Capital Partners Ii Gp, L.p.	745 Fifth Avenue, 27Th Floor New York NY 10151	No	No	Yes	No
1814069	Searchlight Ii Gwn, L.p.	745 Fifth Avenue, 27Th Floor New York NY 10151	No	No	Yes	No
1852081	Searchlight Ii Gwn Gp, Llc	745 Fifth Avenue, 27Th Floor New York NY 10151	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2021-05-05	38,407	$0.00	38,407	No	4	C	Indirect	See footnotes
Class B Common Stock	Disposition	2021-05-05	38,407	$0.00	3,249,764	No	4	J	Indirect	See footnotes
Class C Common Stock	Disposition	2021-05-05	44,546	$0.00	3,769,161	No	4	C	Indirect	See footnotes
Class A Common Stock	Acquisiton	2021-05-05	44,546	$0.00	82,953	No	4	C	Indirect	See footnotes
Class A Common Stock	Disposition	2021-05-05	14,693	$94.23	68,260	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-05-05	57,210	$95.28	11,050	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-05-05	11,050	$95.81	0	No	4	S	Indirect	See footnote
Class A Common Stock	Acquisiton	2021-05-06	26,733	$0.00	26,733	No	4	C	Indirect	See footnotes
Class B Common Stock	Disposition	2021-05-06	26,733	$0.00	3,223,031	No	4	J	Indirect	See footnotes
Class C Common Stock	Disposition	2021-05-06	31,005	$0.00	3,738,156	No	4	C	Indirect	See footnotes
Class A Common Stock	Acquisiton	2021-05-06	31,005	$0.00	57,738	No	4	C	Indirect	See footnotes
Class A Common Stock	Disposition	2021-05-06	48,438	$85.10	9,300	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-05-06	7,000	$91.22	2,300	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-05-06	1,000	$91.84	1,300	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-05-06	1,300	$92.90	0	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	See footnotes
No	4	J	Indirect	See footnotes
No	4	C	Indirect	See footnotes
No	4	C	Indirect	See footnotes
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	C	Indirect	See footnotes
No	4	J	Indirect	See footnotes
No	4	C	Indirect	See footnotes
No	4	C	Indirect	See footnotes
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	LLC Interests	Disposition	2021-05-05	38,407	$0.00	38,407	$0.00
Class A Common Stock	LLC Interests	Disposition	2021-05-06	26,733	$0.00	26,733	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
3,249,764			No	4	C	Indirect
3,223,031			No	4	C	Indirect

Footnotes

Represents securities held of record by Searchlight II GWN, L.P.
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.
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.
Securities are held of record by Searchlight Capital II, L.P.
Following the transactions reported herein, represents 303,099 Class C Common Stock held of record by Searchlight Capital II, L.P. and 3,435,057 Class C Common Stock held directly by Searchlight Capital II PV, L.P.
Following the conversion of shares, represents 3,612 Class A Common Stock held of record by Searchlight Capital II, L.P., 40,934 Class A Common Stock held of record by Searchlight Capital II PV, L.P. and 38,407 Class A Common Stock held of record by Searchlight II GWN, L.P.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.61 to $94.61. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.63 to $95.63. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.65 to $96.33. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Following the conversion of shares, represents 2,514 Class A Common Stock held of record by Searchlight Capital II, L.P., 28,491 Class A Common Stock held of record by Searchlight Capital II PV, L.P. and 26,733 Class A Common Stock held of record by Searchlight II GWN, L.P.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.58. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.61 to $91.61. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.625 to $92.50. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.775 to $93.00. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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.