Life Time holder TPG plans $11M stock sale
Life Time Group Holdings, Inc. (LTH) received a notice that TPG VII Magni Co-Invest, L.P., a stockholder, intends to sell 247,388 shares of common stock under Rule 144, through J.P.
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Rhea-AI Filing Summary
Life Time Group Holdings, Inc. (LTH) received a notice that TPG VII Magni Co-Invest, L.P., a stockholder, intends to sell 247,388 shares of common stock under Rule 144, through J.P. Morgan Securities LLC. The filing lists an aggregate market value of $11,021,135.40 for these shares and notes that 223,461,948 shares of common stock were outstanding. TPG VII Magni Co-Invest, L.P. originally acquired 5,169,207 shares on October 12, 2021, including through cash purchases and automatic conversion of preferred stock. During the past three months, this seller has already sold 439,852 shares, generating $18,984,012.32 in proceeds. The remarks state that sales by this seller are aggregated with several affiliated selling stockholders, which together have filed notices covering aggregate sales of 13,724,331 shares of Life Time common stock during the same three-month period.
Key Figures
Key Terms
Rule 144 regulatory
Form 144 regulatory
aggregate market value financial
automatic conversion financial
Preferred Stock financial
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What does the Form 144 filing disclose for Life Time Group Holdings, Inc. (LTH)?
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