SEC Form 4 · accession 0001209191-17-065324
Party City Holdco Inc. · PRTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
ADVENT INTERNATIONAL CORP/MA
10% Owner
ADVENT INTERNATIONAL LLC
10% Owner
GPE VI GP Limited Partnership
10% Owner
Period of report
Dec 11, 2017
Accepted (ET)
Dec 13, 2017 · 8:20 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001592058
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4,F5 | Dec 11, 2017 | S | 2,558,306 | $12.67 | D | 19,841,694 | I | See Note |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares of common stock of the Issuer were sold in connection with a block trade of the common stock of the Issuer pursuant to the prospectus supplement, dated December 7, 2017, and accompanying registration statement on Form S-3, dated September 30, 2016.
- F2Advent-Party City Acquisition LP ("APCA") directly owns 19,841,694 shares of common stock of the Issuer. The Advent Funds (as defined below) directly own all of the partnership interests in APCA. APCA, together with Advent International Corporation ("AIC"), Advent International LLC ("AILLC"), GPE VI GP Limited Partnership ("GPE VI"), GPE VI GP (Delaware) Limited Partnership ("GPE VI D") and the Advent Funds, are referred to herein as the "Reporting Persons". The shares directly owned by APCA may be deemed beneficially owned by the other Reporting Persons; however, each Reporting Person disclaims beneficial ownership of these securities except to the extent of its respective pecuniary interest therein, if any, and the inclusion of these shares in their report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
- F3AIC is the manager of AILLC, which is the general partner of each of GPE VI, GPE VI D, Advent Partners GPE VI 2008 Limited Partnership ("GPE 2008), Advent Partners GPE VI 2009 Limited Partnership ("GPE 2009"), Advent Partners GPE VI 2010 Limited Partnership ("GPE 2010"), Advent Partners GPE VI-A Limited Partnership ("GPE A"), and Advent Partners GPE VI-A 2010 Limited Partnership ("GPE A 2010", together with GPE 2008, GPE 2009, GPE 2010 and GPE A, collectively, the "Advent Partner Entities").
- F4GPE VI D is the general partner of the following entities: Advent International GPE VI-C Limited Partnership, Advent International GPE VI-D Limited Partnership and GPE VI-E Limited Partnership (collectively, the "GPE VI D Funds").
- F5GPE VI is the general partner of the following entities: Advent International GPE VI-G Limited Partnership, Advent International GPE VI Limited Partnership, Advent International GPE VI-A Limited Partnership, Advent Internal GPE VI-B Limited Partnership, and Advent International GPE VI-F Limited Partnership (collectively, the "GPE VI Funds" and together with the GPE VI D Funds and the Advent Partner Entities, collectively the "Advent Funds").
Remarks
This Form 4 is the second of two Forms 4 being filed relating to the same event. The Form 4 has been split into two filings because there are more than 10 Reporting Persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 Reporting Persons. Each Form 4 will be filed by Designated Filer Advent International Corporation.