4//SEC Filing
Afzal Humera 4
Accession 0001140361-21-025192
CIK 0001846510other
Filed
Jul 20, 8:00 PM ET
Accepted
Jul 21, 4:12 PM ET
Size
9.5 KB
Accession
0001140361-21-025192
Insider Transaction Report
Form 4
Afzal Humera
Chief Financial Officer
Transactions
- Exercise/Conversion
SARs rep Class A Common Stock
2021-07-19+232,905→ 232,905 totalExercise: $12.46Exp: 2031-02-24→ Class A Common Stock (232,905 underlying) - Purchase
Class A Common Stock
2021-07-19$14.00/sh+100$1,400→ 100 total - Exercise/Conversion
SARs rep Ordinary Shares of Soho House Holdings Limited
2021-07-19−275,587→ 0 totalExp: 2031-02-24→ SARs rep Class A Common Stock (232,905 underlying)
Footnotes (3)
- [F1]In connection with the Issuer's initial public offering ("IPO"), these share appreciation rights ("SARs") of Soho House Holdings Limited were exchanged for SARs of Class A common stock of the Issuer, and the $10.523 exercise price was adjusted, each in a manner that preserved the value of the award prior to the closing of the IPO, based on the $12.50 closing price of Class A common stock on July 16, 2021.
- [F2]These SARs were scheduled to vest in 25% annual increments on each of the first through fourth anniversaries of the December 1, 2020 vesting commencement date, subject to the recipient's continued employment. In connection with the IPO, the vesting of the award accelerated by one year (see footnote 3).
- [F3]These SARs vest 25% on July 19, 2021, and 25% on the first, second and third anniversaries of the December 1, 2020 original vesting commencement date, subject to the recipient's continued employment.
Documents
Issuer
Membership Collective Group Inc.
CIK 0001846510
Entity typeother
Related Parties
1- filerCIK 0001872132
Filing Metadata
- Form type
- 4
- Filed
- Jul 20, 8:00 PM ET
- Accepted
- Jul 21, 4:12 PM ET
- Size
- 9.5 KB