General Atlantic, L.P. - Jun 4, 2024 Form 4 Insider Report for Squarespace, Inc. (SQSP)

Role
Director, 10%+ Owner
Signature
/s/ Michael Gosk
Stock symbol
SQSP
Transactions as of
Jun 4, 2024
Transactions value $
$0
Form type
4
Date filed
6/6/2024, 04:37 PM
Previous filing
May 17, 2024
Next filing
Jun 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SQSP Class A Common Stock 10.6M Jun 4, 2024 See footnote F1, F2, F3, 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 SQSP Restricted Stock Units Award $0 +6.2K +71.73% $0.00 14.8K Jun 4, 2024 Class A Common Stock 6.2K $0.00 See footnote F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 10,611,073 shares of Class A common stock held directly by General Atlantic (SQRS II), LP, a Delaware limited partnership ("GA SQRS II") and 16,751 shares of Class A common stock that were obtained upon the settlement of RSUs granted to Anton J. Levy, who is an employee of General Atlantic Service Company, L.P. ("GASC") and director of the Issuer and holds the securities solely for the benefit of GASC, which is controlled by the partnership committee of GASC MGP, LLC (the "Partnership Committee"*).
F2 The limited partners that share beneficial ownership of the securities held by GA SQRS II are General Atlantic Partners 100, L.P., a Delaware limited partnership ("GAP 100"), GAP Coinvestments CDA, L.P., a Delaware limited partnership ("GAPCO CDA"), GAP Coinvestments III, LLC, a Delaware limited liability company ("GAPCO III"), GAP Coinvestments IV, LLC, a Delaware limited liability company ("GAPCO IV"), and GAP Coinvestments V, LLC, a Delaware limited liability company ("GAPCO V").
F3 The general partner of GA SQRS II is General Atlantic (SPV) GP, LLC, a Delaware limited liability company ("GA SPV"). The general partner of GAP 100 is General Atlantic GenPar, L.P., a Delaware limited partnership ("GA GenPar"). General Atlantic, L.P. a Delaware limited liability company ("GA LP"), which is controlled by the Partnership Committee, is the general partner of GA GenPar and GAPCO CDA, the managing member of GAPCO III, GAPCO IV and GAPCO V, and the sole member of GA SPV.
F4 RSUs granted to Mr. Levy on June 4, 2024. The RSUs will vest on June 4, 2025, subject to continued service through the applicable vesting date. The securities are held solely for the benefit of GASC, which is controlled by the Partnership Committee.
F5 Each of the members of the Partnership Committee disclaims ownership of the shares except to the extent that he has a pecuniary interest therein.

Remarks:

GA SQRS II, GAP 100, GAP III, GAPCO IV, GAPCO V, GAPCO CDA, GA SPV, GA GenPar and GA LP may be deemed to be members of a "group" for the purposes of the Securities Exchange Act of 1934. Each reporting person disclaims beneficial ownership of any securities deemed to be owned by the group that are not directly owned by the reporting person. This report shall not be deemed an admission that the reporting persons are a member of a group or the beneficial owner of any securities not directly owned by the reporting person. Each of the reporting persons is a director-by-deputization solely for purposes of Section 16 of the Exchange Act. *The Partnership Committee is formerly the Management Committee, with composition effective pending applicable regulatory approvals.