Filing Details

Accession Number:
0001387131-21-012033
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-12-14 17:28:14
Reporting Period:
2021-12-13
Accepted Time:
2021-12-14 17:28:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1628369 Cushman & Wakefield Plc CWK Real Estate (6500) 981193584
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1748609 Ltd I Gp Holding Drone Pagac 33/F, Three Pacific Place,
1 Queen'S Road East
Hong Kong K3
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares, $0.10 Nominal Value Per Share Disposition 2021-12-13 5,797,645 $20.35 27,873,866 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. The Reporting Person is the general partner of PAGAC Drone Holding I LP ("PAGAC" and, together with the Reporting Person, the "PAG Entities").
  2. PAGAC is the direct holder of 27,873,866 Ordinary Shares ("Ordinary Shares") of Cushman & Wakefield plc (the "Issuer").
  3. Messrs. Jon Robert Lewis, David Jaemin Kim, Noel Walsh and Oliver Morris have been delegated, in accordance with certain proxy voting guidelines, the authority to implement voting decisions and the authority to implement disposition decisions with respect to shares indirectly held by PAGAC Drone Holding GP I Limited, including the 27,873,866 ordinary shares. Each of Messrs. Lewis, Kim, Walsh and Morris expressly disclaims beneficial ownership of such shares.
  4. The PAG Entities entered into a Stockholders Agreement, dated as of August 6, 2018, with certain other holders (the "Holders") of Ordinary Shares. Pursuant to the Stockholders Agreement, the PAG Entities and the Holders have agreed to, among other things, vote their Ordinary Shares to elect members of the Board of Directors of the Issuer as set forth therein. Because of the relationship between the PAG Entities and the Holders as a result of the Stockholders Agreement, the Reporting Person may be deemed, pursuant to Rule 13d-3 under the Act, to beneficially own the Ordinary Shares beneficially owned by the Holders. The Reporting Person and each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned by the Holders, except to the extent of its pecuniary interest therein, if any.