| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | U | Common Stock | Sale | -$6.66M | -181K | -72.75% | $36.75 | 67.9K | Sep 15, 2023 | Held through Silver Lake Group, L.L.C. | F1, F5, F9 |
| transaction | U | Common Stock | Sale | -$255K | -6.86K | -10.1% | $37.20 | 61K | Sep 15, 2023 | Held through Silver Lake Group, L.L.C. | F1, F5, F10 |
| transaction | U | Common Stock | Other | $0 | -61K | -100% | $0.00* | 0 | Sep 15, 2023 | Held through Silver Lake Group, L.L.C. | F1, F5, F11 |
| holding | U | Common Stock | 19.9M | Sep 15, 2023 | Held through Silver Lake Partners IV, L.P. | F2, F5 | |||||
| holding | U | Common Stock | 14.4M | Sep 15, 2023 | Held through SLP Union Aggregator, L.P. | F3, F5 | |||||
| holding | U | Common Stock | 370K | Sep 15, 2023 | Held through Silver Lake Technology Investors IV (Delaware II), L.P. | F4, F5 | |||||
| holding | U | Common Stock | 26.6K | Sep 15, 2023 | See footnote | F6 | |||||
| holding | U | Common Stock | 140K | Sep 15, 2023 | Direct | F7 | |||||
| holding | U | Common Stock | 4.82K | Sep 15, 2023 | See footnote | F8 |
| Id | Content |
|---|---|
| F1 | These securities are directly owned by Silver Lake Group, L.L.C. ("SLG"). Such securities were received in prior in-kind distributions from certain affiliates of SLG. The sale described herein is being made solely by SLG. Investment funds affiliated with SLG which hold securities of the Issuer are not selling any securities of the Issuer at this time. |
| F2 | These securities are directly owned by Silver Lake Partners IV, L.P. ("SLP IV"). |
| F3 | These securities are directly owned by SLP Union Aggregator, L.P. ("SLP Union"), the general partner of which is SLP Union GP, L.L.C. ("SLP Union GP"). |
| F4 | These securities are directly owned by Silver Lake Technology Investors IV (Delaware II), L.P. ("SLTI IV"). |
| F5 | Silver Lake Technology Associates IV, L.P. ("SLTA IV") is the general partner of SLP IV and SLTI IV and the managing member of SLP Union GP. The general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP"), the managing member of which is SLG. Mr. Durban serves as a director of the Issuer and Co-CEO and a Managing Member of SLG. Each of SLP IV, SLTI IV, SLP Union, SLP Union GP, SLTA IV, SLTA IV GP and SLG may be deemed to be a director by deputization of the Issuer. |
| F6 | These securities are held by Mr. Durban for the benefit of Silver Lake Technology Management, L.L.C., certain of its affiliates, and certain of the funds they manage ("Silver Lake"). Pursuant to Mr. Durban's arrangement with Silver Lake with respect to director compensation, upon the sale of these securities, the proceeds from such sale(s) are expected to be remitted to Silver Lake and/or its limited partners. Mr. Durban, through his role at Silver Lake and its affiliates, may be deemed to have an indirect interest in the securities reported herein. |
| F7 | Represents shares of Common Stock held by Mr. Durban, including shares received in connection with the distribution of shares of Common Stock reported herein. The receipt of such shares of Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act. |
| F8 | Represents shares of Common Stock beneficially owned indirectly by Mr. Durban through a trust for the benefit of certain family members, including shares received in connection with the distributions of shares of Common Stock reported herein. The receipt of such shares of Common Stock indirectly by Mr. Durban was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act. |
| F9 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.16 to $37.1594, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4. |
| F10 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.16 to $37.25, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4. |
| F11 | Represents a distribution by SLG of shares of Common Stock to certain of its members as an in-kind distribution. Investment funds affiliated with SLG which hold securities of the Issuer are not distributing any securities of the Issuer at this time. |
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.