SEC Form 4 · accession 0001331875-17-000082
Black Knight, Inc. · BKI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Sep 29, 2017
Accepted (ET)
Oct 3, 2017 · 11:20 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001627014
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1,F2 | Sep 29, 2017 | J | 83,309,940 | — | D | 0 | I | See footnotes |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LLC UnitsF1,F2,F3 | — | Sep 29, 2017 | J | 83,309,940 | D | — | — | Class A Common Stock | 83,309,940 | 0 | I |
Explanation of responses
- F1Represents the disposition of the entire indirect interest of Fidelity National Financial, Inc. ("FNF") in the Class B Common Stock of Black Knight Financial Services, Inc. ("BKFS") and in the limited liability company units ("LLC Units") of Black Knight Financial Services, LLC ("BKFS LLC"), by reason of FNF's pro rata dividend to its FNF Group common stockholders of the common stock of New BKH Corp.
- F2Indirectly owned by FNF through a wholly-owned subsidiary. FNF disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein.
- F3Shares of Class B Common Stock do not have economic rights. In general, pursuant to the Amended and Restated Operating Agreement of BKFS LLC, dated May 26, 2015, and any exchange agreement, LLC Units are exchangeable for shares of Class A Common Stock of BKFS on a one-for-one basis. Upon any exchange of LLC Units for Class A Common Stock, the corresponding shares of Class B Common Stock then owned by such holder are cancelled.