Stephen Robertson - Jun 25, 2021 Form 4 Insider Report for WillScot Mobile Mini Holdings Corp. (WSC)

Signature
/s/ Stephen Robertson
Stock symbol
WSC
Transactions as of
Jun 25, 2021
Transactions value $
-$496,725,000
Form type
4
Date filed
6/28/2021, 05:02 PM
Previous filing
Jun 15, 2021
Next filing
Jul 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSC Common stock, par value $0.0001 per share Sale -$389M -14M -31.89% $27.75 29.9M Jun 25, 2021 See footnotes F1, F3, F4, F5, F6
transaction WSC Common stock, par value $0.0001 per share Sale -$108M -3.9M -13.04% $27.75 26M Jun 25, 2021 See footnotes F2, F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 25, 2021, Sapphire Holding S.a r.l. ("Sapphire") sold an aggregate of 14,000,000 shares of common stock, par value $0.0001 per share (the "Common Stock"), of WillScot Mobile Mini Holdings Corp. (the "Issuer") in a registered underwritten public offering (the "Offering") pursuant to that certain Underwriting Agreement, dated as of June 22, 2021 (the "Underwriting Agreement"), among the Issuer, Sapphire and Morgan Stanley & Co. LLC (the "Underwriter"). The price to the public in the Offering was $27.95 per share. The per share sale price reported in this Form 4 reflects underwriting discounts.
F2 On June 25, 2021, in connection with the closing of the Offering, Sapphire sold an aggregate of 3,900,000 shares of Common Stock to the Issuer pursuant to that certain Share Repurchase Agreement, dated June 15, 2021, by and between Sapphire and the Issuer, at a price of $27.75 per share.
F3 Includes 100,000 shares of Common Stock owned directly by the Reporting Person. The remaining shares of Common Stock beneficially owned are held by Sapphire. As sole shareholder of Sapphire, TDR Capital II Holdings L.P. may be deemed the beneficial owner of such shares of Common Stock held by Sapphire. As manager of TDR Capital II Holdings L.P., TDR Capital LLP may be deemed the beneficial owner of such shares of Common Stock held by Sapphire. As founding partners of TDR Capital LLP, Stephen Robertson and Manjit Dale may be deemed the beneficial owners of such shares of Common Stock held by Sapphire. Each of TDR Capital II Holdings L.P., TDR Capital LLP, Stephen Robertson and Manjit Dale may be deemed to be the beneficial owner of all or a portion of the securities reported herein.
F4 The figure in Column 5 of Table I reflects an additional 4,266 shares of Common Stock, par value $0.0001 per share, than the Form 4 filed by the Reporting Person on June 15, 2021, due to the transfer of 4,266 shares of Common Stock, par value $0.0001 per share, by Gary Lindsay to Sapphire, as reported in Form 4s filed by each of Sapphire and Gary Lindsay on June 15, 2021.
F5 As sole shareholder of Sapphire, TDR Capital II Holdings L.P. may be deemed the beneficial owner of such shares of Common Stock held by Sapphire. As manager of TDR Capital II Holdings L.P., TDR Capital LLP may be deemed the beneficial owners of such shares of Common Stock held by Sapphire. As founding partners of TDR Capital LLP, Stephen Robertson and Manjit Dale may be deemed the beneficial owners of such shares of Common Stock held by Sapphire. Each of TDR Capital II Holdings L.P., TDR Capital LLP, Stephen Robertson and Manjit Dale (the "Reporting Persons") may be deemed to be the beneficial owner of all or a portion of the securities reported herein.
F6 Each of the Reporting Persons disclaims beneficial ownership of the securities of the Issuer, except to the extent of his pecuniary interest therein. The filing of this report shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the Reporting Persons are the beneficial owners of any of the securities reported herein.

Remarks:

Sapphire, TDR Capital II Holdings L.P., TDR Capital LLP and Manjit Dale are jointly filing a separate Form 4 disclosing his beneficial ownership interest in the Common Stock, which was submitted on the Securities and Exchange Commission's EDGAR system on or about the date hereof.