SEC Form 4 · accession 0001144204-18-017232
CISION LTD. · CISN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
L. Dyson Dryden
Director
Period of report
Mar 23, 2018
Accepted (ET)
Mar 27, 2018 · 5:27 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 | Mar 23, 2018 | S | 203,344 | $10.32 | D | 1,376,701 | I | Capitol Acquisition Founder 3 LLC |
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 Founder 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 Founder 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.
- F2Mr. Dryden is the managing member of Capitol Acquisition Founder 3 LLC.