4//SEC Filing
CLAIRVEST GROUP INC 4
Accession 0000950170-24-044770
CIK 0001725134other
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 4:06 PM ET
Size
14.2 KB
Accession
0000950170-24-044770
Insider Transaction Report
Form 4
Digital Media Solutions, Inc.DMS;DMSWS
CEP V-A DMS AIV Limited Partnership
10% Owner
Transactions
- Other
Class A Common Stock
2024-04-12+151,191→ 1,358,946 total(indirect: See footnotes) - Other
Units of Digital Media Solutions Holdings, LLC
2024-04-12−151,191→ 0 total(indirect: See footnote)→ Class A Common Stock (151,191 underlying)
CLAIRVEST GROUP INC
10% Owner
Transactions
- Other
Units of Digital Media Solutions Holdings, LLC
2024-04-12−151,191→ 0 total(indirect: See footnote)→ Class A Common Stock (151,191 underlying) - Other
Class A Common Stock
2024-04-12+151,191→ 1,358,946 total(indirect: See footnotes)
Transactions
- Other
Units of Digital Media Solutions Holdings, LLC
2024-04-12−151,191→ 0 total(indirect: See footnote)→ Class A Common Stock (151,191 underlying) - Other
Class A Common Stock
2024-04-12+151,191→ 1,358,946 total(indirect: See footnotes)
Transactions
- Other
Units of Digital Media Solutions Holdings, LLC
2024-04-12−151,191→ 0 total(indirect: See footnote)→ Class A Common Stock (151,191 underlying) - Other
Class A Common Stock
2024-04-12+151,191→ 1,358,946 total(indirect: See footnotes)
Footnotes (4)
- [F1]On April 12, 2024, 151,191 Class B common stock, par value $0.0001 per share, of the Issuer (the "Class B Common Stock") were retired upon redemption of 151,191 units of Digital Media Solutions Holdings, LLC, indirect subsidiary of the Issuer ("Units"), by CEP V-A DMS AIV Limited Partnership ("CEP V-A"). CEP V-A was issued 151,191 shares of Class A Common Stock, par value $0.0001 per share, of the Issuer (the "Class A Common Stock") in exchange for the redemption and related retirement of the Class B Common Stock.
- [F2]Clairvest Group Inc. ("CG") indirectly owns 1,358,946 shares of the Class A Common Stock, which consist of (i) 796,357 shares directly owned by Clairvest Equity Partners V Limited Partnership ("CEP V"); (ii) 406,092 shares directly owned by CEP V Co-Investment Limited Partnership ("CEP Co-Invest"); and (iii) 151,191 shares directly owned by CEP V-A. Each of CEP V, CEP Co-Invest and CEP V-A is an indirect subsidiary of CG.
- [F3]The Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein.
- [F4]Each Unit may be redeemed by the holder for cash in an amount equal to the value of one share of the Class A Common Stock or, at the Issuer's option, the Issuer may acquire each Unit in exchange for one share of Class A Common Stock or the cash value thereof, in each case subject to certain restrictions. Upon a redemption or acquisition of such Units, an equal number of the Unit holder's non-economic, voting shares of the Class B Common Stock will be cancelled.
Documents
Issuer
Digital Media Solutions, Inc.
CIK 0001725134
Entity typeother
Related Parties
1- filerCIK 0001117988
Filing Metadata
- Form type
- 4
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 4:06 PM ET
- Size
- 14.2 KB