SEC Form 4 · accession 0001144204-18-017230
CISION LTD. · CISN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Ein
Director
Period of report
Mar 23, 2018
Accepted (ET)
Mar 27, 2018 · 5:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001701040
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1,F2,F3,F4 | Mar 23, 2018 | S | 610,030 | $10.32 | D | 4,130,105 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents ordinary shares of Cision Ltd. (the "Issuer") sold by Capitol Acquisition Management 3 LLC pursuant to the offering of ordinary shares of the Issuer on Form S-1 as contemplated by that certain underwriting agreement, dated March 20, 2018, among the Issuer, Capitol Acquisition Management 3 LLC and the other selling shareholders named therein, and J.P. Morgan Securities LLC and Deutsche Bank Securities Inc., as representatives of the several underwriters named therein. The selling price of such shares was $10.32 per share, which represents the price to public less the underwriting discount and commission.
- F2Consists of 4,118,240 ordinary shares held by Capitol Acquisition Management 3 LLC and 11,865 ordinary shares held by Leland Investments Inc.
- F3Mr. Ein controls Capitol Acquisition Management 3 LLC.
- F4Mr. Ein controls Leland Investments, Inc.