Silver Lake Group, L.L.C. - May 7, 2021 Form 4 Insider Report for EverCommerce Inc. (EVCM)

Signature
By: /s/ Andrew J. Schader, Managing Director and General Counsel of Silver Lake Group, L.L.C.
Stock symbol
EVCM
Transactions as of
May 7, 2021
Transactions value $
$129,999,982
Form type
4
Date filed
7/8/2021, 09:09 PM
Next filing
May 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVCM Common Stock Award $74.1M +4.36M $17.00 4.36M Jun 30, 2021 Held through SLA CM Eclipse Holdings, L.P. F1, F2, F4, F6
transaction EVCM Common Stock Award $907K +53.4K $17.00 53.4K Jun 30, 2021 Held through SLA Eclipse Co-Invest, L.P. F1, F3, F4, F6
transaction EVCM Common Stock Conversion of derivative security +52.6M +1207.97% 57M Jul 6, 2021 Held through SLA CM Eclipse Holdings, L.P. F2, F4, F5
transaction EVCM Common Stock Conversion of derivative security +6.1M +11422.5% 6.15M Jul 6, 2021 Held through SLA Eclipse Co-Invest, L.P. F1, F3, F4, F5
transaction EVCM Common Stock Conversion of derivative security +3.82M +6.71% 60.8M Jul 6, 2021 Held through SLA CM Eclipse Holdings, L.P. F1, F2, F4, F5
transaction EVCM Common Stock Conversion of derivative security +106K +1.72% 6.26M Jul 6, 2021 Held through SLA Eclipse Co-Invest, L.P. F1, F3, F4, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EVCM Series C Convertible Preferred Stock Award $50.8M +3.63M $14.00 3.63M May 7, 2021 Common Stock 3.63M Held through SLA CM Eclipse Holdings, L.P. F2, F4, F5, F6
transaction EVCM Series C Convertible Preferred Stock Award $2.68M +192K +5.28% $14.00 3.82M May 20, 2021 Common Stock 192K Held through SLA CM Eclipse Holdings, L.P. F2, F4, F5, F6
transaction EVCM Series C Convertible Preferred Stock Award $1.49M +106K $14.00 106K May 20, 2021 Common Stock 106K Held through SLA Eclipse Co-Invest, L.P. F3, F4, F5, F6
transaction EVCM Series B Convertible Preferred Stock Conversion of derivative security $0 -52.6M -100% $0.00* 0 Jul 6, 2021 Common Stock 52.6M Held through SLA CM Eclipse Holdings, L.P. F2, F4, F5
transaction EVCM Series B Convertible Preferred Stock Conversion of derivative security $0 -6.1M -100% $0.00* 0 Jul 6, 2021 Common Stock 6.1M Held through SLA Eclipse Co-Invest, L.P. F3, F4, F5
transaction EVCM Series C Convertible Preferred Stock Conversion of derivative security $0 -3.82M -100% $0.00* 0 Jul 6, 2021 Common Stock 3.82M Held through SLA CM Eclipse Holdings, L.P. F2, F4, F5
transaction EVCM Series C Convertible Preferred Stock Conversion of derivative security $0 -106K -100% $0.00* 0 Jul 6, 2021 Common Stock 106K Held through SLA Eclipse Co-Invest, L.P. F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a purchase of Common Stock, par value $0.00001 per share ("Common Stock") of EverCommerce Inc. (the "Issuer") pursuant to a Purchase Agreement dated June 22, 2021, in a private placement from the Issuer.
F2 These securities are directly held by SLA CM Eclipse Holdings, L.P. ("SLA Eclipse"). The general partner of SLA Eclipse is SLA CM GP, L.L.C. ("SLA CM GP") and the sole member of SLA CM GP is SL Alpine Aggregator GP, L.L.C. ("SLA CM Aggregator").
F3 These securities are directly held by SLA Eclipse Co-Invest, L.P. ("SLA Co-Invest").
F4 Silver Lake Alpine Associates, L.P. ("SLAA") is the managing member of SLA CM Aggregator and the general partner of SLA Co-Invest. The general partner of SLAA is SLAA (GP), L.L.C. ("SLAA GP"), the managing member of which is Silver Lake Group, L.L.C. ("SLG"). Joseph Osnoss serves as a director of the Issuer and managing member of SLG. Each of SLA Eclipse, SLA Co-Invest, SLA CM GP, SLA CM Aggregator, SLAA, SLAA GP and SLG may be deemed to be a director by deputization of the Issuer.
F5 The shares of Convertible Preferred Stock of the Issuer automatically converted on a one-for-one basis into Common Stock upon the closing of the Issuer's initial public offering.
F6 These securities were previously reported on a Form 3 filed by the Reporting Persons.

Remarks:

The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.