Getty Images Holdings (GETY) holder reports 115,259,246-share stake
Rhea-AI Filing Summary
KED Icon Holdings, LLC reported its initial ownership position in Getty Images Holdings, Inc. as both a director-level affiliate and a more than 10% owner. KED Icon directly holds 115,259,246 shares of Class A common stock. The filing explains a chain of ownership in which Koch, Inc. and several intermediate Koch-affiliated entities may be deemed to beneficially own these shares through their control of KED Icon.
The remarks note that Michael Harris and Brett Watson serve on Getty Images’ board as designees of Koch Icon Investments, LLC. Following an internal reorganization that transferred the Public Shares from Koch Icon to KED Icon, KED Icon now holds the right to designate these directors and, along with Koch, Inc., may be considered a director by deputization of the company.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. KED Icon Holdings, LLC ("KED Icon") is beneficially owned by KED Holdings, LP ("KED Holdings"), KED Holdings is beneficially owned by Koch Equity Development LLC ("Koch Equity") (and controlled by KED GP, LLC ("KED GP"), which is also beneficially owned by Koch Equity), Koch Equity is beneficially owned Koch Investments Group, LLC ("KIG"), KIG is beneficially owned by Koch Investments Group Holdings, LLC ("KIGH"), KIGH is beneficially owned by KCLLC, and KCLLC is beneficially owned by Koch, Inc., in each case by means of ownership of all voting equity instruments. Koch, Inc., KCLLC, KIGH, KIG, Koch Equity, KED GP and KED Holdings may be deemed to beneficially own the shares of Class A common stock, par value $0.0001 per share ("Public Shares") of Getty Images Holdings, Inc. (the "Issuer") held by KED Icon by virtue of
- F2. (Continued from footnote 1) (i) Koch, Inc.'s beneficial ownership of KCLLC, (ii) KCLLC's beneficial ownership of KIGH, (iii) KIGH's beneficial ownership of KIG, (iv) KIG's beneficial ownership of Koch Equity, (v) Koch Equity's beneficial ownership of KED GP and KED Holdings, (vi) KED GP's beneficial ownership of KED Holdings, as its general partner, and (vii) KED Holdings' beneficial ownership of KED Icon.
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FAQ
What is KED Icon Holdings, LLC’s relationship to Getty Images (GETY)?
KED Icon Holdings, LLC is identified as both a director (by deputization) and a more than 10% owner of Getty Images Holdings, Inc.
Why may KED Icon and Koch, Inc. be considered directors by deputization at Getty Images (GETY)?
Because KED Icon holds the right to designate board members Michael Harris and Brett Watson, the filing states that each of KED Icon and Koch, Inc. may be deemed a "director by deputization" of Getty Images Holdings, Inc.