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Filing Details

Accession Number:: 0001209191-23-037177
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-06-14 18:51:27
Reporting Period:: 2023-06-12

Accepted Time:: 2023-06-14 18:51:27
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1645070	Sterling Check Corp.	STER	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1359316	M Adrian Jones	Sterling Check Corp. 6150 Oak Tree Boulevard, Suite 490 Independence OH 44131		Yes	No	No	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
Common Stock	Disposition	2023-06-12	8,000,000	$11.73	52,676,439	No	4	S	Indirect	See Footnotes
Common Stock	Disposition	2023-06-12	1,000,000	$11.73	51,676,439	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes

Footnotes

Pursuant to an underwriting agreement, dated June 7, 2023, and in connection with the secondary offering of shares of common stock, par value $0.01 per share, of the issuer ("Common Stock") pursuant to the final prospectus supplement dated June 7, 2023, which offering was consummated on June 12, 2023 (the "Offering"), Checkers Control Partnership, L.P. ("Checkers") and Broad Street Principal Investments, L.L.C. ("BSPI") sold in the aggregate 8,000,000 shares of Common Stock, consisting of 5,950,131 shares of Common Stock sold by Checkers and 2,049,869 shares of Common Stock sold by BSPI.
Goldman Sachs (as defined below) was one of the underwriters in the Offering.
The reporting person is a managing director of Goldman Sachs & Co. LLC ("Goldman Sachs"). Goldman Sachs is a subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). The reporting person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.
Pursuant to a share repurchase agreement, dated June 5, 2023, BSPI sold 1,000,000 shares of Common Stock in connection with a share repurchase by Sterling Check Corp. which was consummated on June 12, 2023 concurrently with the Offering.
Goldman Sachs and GS Group may be deemed to beneficially own indirectly 33,685,715 shares of Common Stock held by Checkers, 17,266,451 shares of Common Stock held by BSPI and 1,064 shares of Common Stock held by Broad Street Control Advisors, L.L.C., in each case of which GS Group and affiliates of GS Group are the member, general partner, manager or investment manager, as applicable. In addition, as of June 12, 2023, GS Group and Goldman Sachs may be deemed to beneficially own all of the abovementioned shares of Common Stock and are deemed to beneficially own an additional 723,209 shares of Common Stock.