4//SEC Filing
Canyon Holdings (Cayman), L.P. 4
Accession 0001144204-18-030356
CIK 0001701040other
Filed
May 21, 8:00 PM ET
Accepted
May 22, 6:35 PM ET
Size
13.3 KB
Accession
0001144204-18-030356
Insider Transaction Report
Form 4
CISION LTD.CISN
Canyon Holdings (Cayman), L.P.
Director10% Owner
Transactions
- Disposition to Issuer
Warrants
2018-05-18−2,032,043→ 0 totalExercise: $11.50From: 2017-07-29Exp: 2022-06-29→ Ordinary Shares (2,032,043 underlying) - Award
Ordinary Shares
2018-05-18+528,331→ 78,866,338 total
Footnotes (4)
- [F1]On April 17, 2018, Cision Ltd. (the "Issuer") commenced an offer to each holder of its public and private warrants to purchase one ordinary share, par value of $0.0001 per share ("Ordinary Share"), of the Issuer for a purchase price of $11.50 (the "Warrants") to receive 0.26 Ordinary Shares in exchange for each Warrant tendered by the holder and exchanged pursuant to the offer (the "Exchange Offer"). On May 18, 2018, the Issuer accepted all Warrants validly tendered in the Exchange Offer and issued Ordinary Shares in exchange.
- [F2]Canyon Holdings (Cayman), L.P. ("Canyon Holdings") is the direct beneficial owner of the securities reported in Tables I and II. Canyon Partners, Ltd. ("Canyon Partners") is the general partner of Canyon Holdings and GTCR Investment X AIV Ltd. ("GTCR AIV") is the sole shareholder of Canyon Partners. Canyon Holdings and GTCR AIV are each managed by a ten-member board of directors (respectively, the "Canyon Board of Directors" and the "AIV Board of Directors").
- [F3]Canyon Partners, GTCR AIV and the individual members of each of the Canyon Board of Directors and the AIV Board of Directors disclaim beneficial ownership of the securities reported in Table I except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that any such person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F4]Prior to the completion of the Exchange Offer, each Warrant entitled the holder to purchase one Ordinary Share for a purchase price of $11.50, subject to certain adjustments. Pursuant to the terms of the Exchange Offer, each participating holder became entitled to receive 0.26 Ordinary Shares for each Warrant tendered and exchanged.
Documents
Issuer
CISION LTD.
CIK 0001701040
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001677918
Filing Metadata
- Form type
- 4
- Filed
- May 21, 8:00 PM ET
- Accepted
- May 22, 6:35 PM ET
- Size
- 13.3 KB