SEC Form 3 · accession 0000899243-16-013201
Performant Financial Corp · PFMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
PCP MANAGERS GP, LLC
10% Owner
Period of report
Dec 31, 2015
Accepted (ET)
Feb 12, 2016 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001550695
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per shareF1,F2 | holding | — | — | — | 13,500,878 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported shares are owned of record by Parthenon DCS Holdings, LLC ("DCS Holdings"). The reporting person was formed on December 31, 2015 to serve as general partner of PCP Managers, L.P. following PCP Managers, L.P.'s conversion from a limited liabitliy company to a limited partnership. PCP Managers, L.P. is the general partner of PCap II, LLC, which is the managing member of PCap Partners II, LLC, which is the general partner of Parthenon Investors II, L.P., which is the manager of DCS Holdings. Messrs. David J. Ament, Brian P. Golson and William C. Kessinger are Managing Members of PCP Managers GP, LLC.
- F2(Continued from footnote 1) Messrs. Kessinger and Golson are also a Managing Directors of Parthenon Capital Partners, a private equity firm and affiliate of PCap Partners II, LLC. Each of the foregoing persons may be deemed to beneficially own the shares owned of record by DCS Holdings. The foregoing persons disclaim beneficial ownership of such shares, and this report shall not be deemed an admission that such persons are the beneficial owners of such shares for the purpose of Section 16 or for any other purpose, except, in each case, to the extent of such persons' pecuniary interest therein.
Remarks
Exhibit 24 Power of Attorney