Filing Details

Accession Number:
0001839882-23-013054
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-05-18 18:49:21
Reporting Period:
2023-05-16
Accepted Time:
2023-05-18 18:49:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1782754 Azek Co Inc. AZEK () A6
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
937567 Board Plan Pension Teachers Ontario 5650 Yonge Street
3Rd Floor
Toronto A6 M2M 4H5
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock, Par Value $0.001 Per Share Disposition 2023-05-16 7,000,000 $24.36 7,325,990 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. Disposition pursuant to an underwriting agreement, dated May 16, 2023 (the "Underwriting Agreement"), and in connection with the registered public offering of shares of Common Stock pursuant to the final prospectus dated May 16, 2023 and filed with the U.S. Securities and Exchange Commission on May 18, 2023 pursuant to Rule 424(b)(7) under the Securities Act of 1933, as amended, which offering was consummated on May 16, 2023 (the "Offering"). In connection with the Offering, Ontario Teachers' Pension Plan Board ("OTPP") sold 7,000,000 shares of Class A Common Stock and also granted the underwriter an option to purchase an additional 1,050,000 shares of Class A Common Stock (the "Option") at the price listed in Table I above, which Option is exercisable for 30 days from the date of Underwriting Agreement. OTPP will report any further sales pursuant to the Option on Form 4.
  2. The reported securities are owned by OTPP. Mr. Ashfaq Qadri may be deemed to have power to dispose of or convert the shares held by OTPP because of a delegation of authority from the Board of Directors of OTPP; however, approval of disposition decisions is made by senior personnel within the capital markets group of OTPP in accordance with internal portfolio guidelines. Voting decisions are made by personnel within the public equities group of OTPP in accordance with internal proxy voting guidelines. As such, Nr. Qadri expressly disclaims beneficial ownership of such shares.