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Filing Details

Accession Number:: 0000899243-23-007378
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-03-07 17:00:18
Reporting Period:: 2023-03-07

Accepted Time:: 2023-03-07 17:00:18
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1863105	Engagesmart Inc.	ESMT	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
830588	P L Partners Summit	222 Berkeley Street, 18Th Floor Boston MA 02116	No	No	Yes	No
1239366	Y Peter Chung	222 Berkeley Street, 18Th Floor Boston MA 02116	No	No	Yes	No
1255670	C Scott Collins	222 Berkeley Street, 18Th Floor Boston MA 02116	No	No	Yes	No
1435565	Summit Investors I, Llc	222 Berkeley Street, 18Th Floor Boston MA 02116	No	No	Yes	No
1494616	Summit Investors I (Uk), L.p.	222 Berkeley Street, 18Th Floor Boston MA 02116	No	No	Yes	No
1514386	Summit Partners Growth Equity Fund Viii-A, L.p.	222 Berkeley Street, 18Th Floor Boston MA 02116	No	No	Yes	No
1514388	Summit Partners Growth Equity Fund Viii-B, L.p.	222 Berkeley Street, 18Th Floor Boston MA 02116	No	No	Yes	No
1604887	Summit Partners Entrepreneur Advisors Fund I, L.p.	222 Berkeley Street, 18Th Floor Boston MA 02116	No	No	Yes	No
1627278	Summit Master Company, Llc	222 Berkeley Street, 18Th Floor Boston MA 02116	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.001 Per Share	Disposition	2023-03-07	252,727	$18.19	25,004,973	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnote

Footnotes

Represents (i) 181,406 shares of Common Stock sold by Summit Partners Growth Equity Fund VIII-A, L.P., (ii) 66,271 shares of Common Stock sold by Summit Partners Growth Equity Fund VIII-B, L.P., (iii) 1,203 shares of Common Stock sold by Summit Partners Entrepreneur Advisors Fund I, L.P., (iv) 3,473 shares of Common Stock sold by Summit Investors I, LLC and (v) 374 shares of Common Stock sold by Summit Investors I (UK), L.P. The reported sales were effected pursuant to a full exercise by the underwriters of a greenshoe option of the previously reported underwritten public offering that closed on March 3, 2023.
This amount represents a public offering price of $19.00 per share of Common Stock of EngageSmart, Inc. (the "Company"), less an underwriting discount of $0.8075 per share for shares sold in an underwritten public offering.
Consists of (i) 17,948,333 shares of Common Stock held by Summit Partners Growth Equity Fund VIII-A, L.P., (ii) 6,556,911 shares of Common Stock held by Summit Partners Growth Equity Fund VIII-B, L.P.,(iii) 119,071 shares of Common Stock held by Summit Partners Entrepreneur Advisors Fund I, L.P., (iv) 343,615 shares of Common Stock held by Summit Investors I, LLC and (v) 37,043 shares of Common Stock held by Summit Investors I (UK), L.P.
Summit Partners, L.P. is the managing member of Summit Partners GE VIII, LLC, which is the general partner of Summit Partners GE VIII, L.P., which is the general partner of each of Summit Partners Growth Equity Fund VIII-A, L.P. and Summit Partners Growth Equity Fund VIII-B, L.P. Summit Master Company, LLC is the (A) sole managing member of Summit Partners Entrepreneur Advisors GP, LLC, which is the general partner of Summit Partners Entrepreneur Advisors Fund I, L.P., and (B) the managing member of Summit Investors Management, LLC, which is the manager of Summit Investors I, LLC and the general partner of Summit Investors I (UK), L.P. Summit Master Company, LLC, as the sole managing member of Summit Partners Entrepreneur Advisors GP, LLC and
(Continued from footnote 4), has delegated investment decisions, including voting and dispositive power, to Summit Partners, L.P. Investment decisions for Summit Partners, L.P. are made by its two-person Investment Committee, which is currently composed of Scott Collins and Peter Y. Chung. Summit Partners L.P., Scott Collins and Peter Y. Chung each have voting and dispositive authority over the shares held by each of these entities and therefore beneficially owns such shares. Each of the entities affiliated with Summit Partners, L.P. that are mentioned herein and each of Mr. Collins and Mr. Chung disclaims beneficial ownership of the shares of common stock, in each case, except to the extent of it or his pecuniary interest therein.