Filing Details

Accession Number:
0000899243-23-014942
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-06-08 18:08:14
Reporting Period:
2023-06-06
Accepted Time:
2023-06-08 18:08:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1794905 Cyxtera Technologies Inc. CYXT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1410600 A Peter Feld 777 Third Avenue, 18Th Floor
New York NY 10017
No No Yes No
1767736 Starboard Value & Opportunity Master Fund L Lp 777 Third Avenue
18Th Floor
New York NY 10017
No No Yes No
1767773 Starboard Value L Lp 777 Third Avenue, 18Th Floor
New York NY 10017
No No Yes No
1833016 Ltd Fund Master X Starboard 777 Third Avenue, 18Th Floor
New York NY 10017
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
Class A Common Stock Disposition 2023-06-06 5,028,190 $0.06 10,934,440 No 4 S Indirect By Starboard Value and Opportunity Master Fund Ltd
Class A Common Stock Disposition 2023-06-06 890,350 $0.06 1,915,327 No 4 S Indirect By Starboard Value and Opportunity S LLC
Class A Common Stock Disposition 2023-06-06 1,429,992 $0.06 3,152,059 No 4 S Indirect By Managed Account of Starboard Value LP
Class A Common Stock Disposition 2023-06-06 529,375 $0.06 1,139,841 No 4 S Indirect By Starboard Value and Opportunity C LP
Class A Common Stock Disposition 2023-06-06 406,849 $0.06 880,996 No 4 S Indirect By Starboard Value and Opportunity Master Fund L LP
Class A Common Stock Disposition 2023-06-06 715,244 $0.06 1,332,674 No 4 S Indirect By Starboard X Master Fund Ltd
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 S Indirect By Starboard Value and Opportunity S LLC
No 4 S Indirect By Managed Account of Starboard Value LP
No 4 S Indirect By Starboard Value and Opportunity C LP
No 4 S Indirect By Starboard Value and Opportunity Master Fund L LP
No 4 S Indirect By Starboard X Master Fund Ltd
Footnotes
  1. This Form 4 is filed jointly by Starboard Value and Opportunity Master Fund Ltd ("Starboard V&O Fund"), Starboard Value and Opportunity S LLC ("Starboard S LLC"), Starboard Value LP ("Starboard Value LP"), Starboard Value GP LLC ("Starboard Value GP"), Starboard Principal Co LP ("Principal Co"), Starboard Principal Co GP, LLC ("Principal GP"), Starboard Value and Opportunity C LP ("Starboard C LP"), Starboard Value R LP ("Starboard R LP"), Starboard Value R GP LLC ("Starboard R GP"), Starboard Value and Opportunity Master Fund L LP ("Starboard L Master"), Starboard Value L LP ("Starboard L LP"), Starboard X Master Fund Ltd ("Starboard X Master") and Peter A. Feld (collectively, the "Reporting Persons"). Jeffrey C. Smith reported the sale in a separate Form 4.
  2. To enable all of the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the first of two identical reports relating to the same transactions being filed with the Securities and Exchange Commission. Each Reporting Person may be deemed to be a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding Ordinary Shares. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  3. The total also reflects shares received in an in-kind distribution from SVAC Sponsor LLC for no consideration.
  4. Securities beneficially owned by Starboard V&O Fund. Starboard Value LP, as the investment manager of Starboard V&O Fund, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard V&O Fund. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard V&O Fund.
  5. Securities beneficially owned by Starboard S LLC. Starboard Value LP, as the manager of Starboard S LLC, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard S LLC. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard S LLC.
  6. Securities held in a certain account managed by Starboard Value LP (the "Starboard Value LP Account"). Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard Value LP and held by the Starboard Value LP Account.
  7. Securities beneficially owned by Starboard C LP. Each of Starboard R LP, as the general partner of Starboard C LP, and Starboard R GP, as the general partner of Starboard R LP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard C LP. Starboard Value LP, as the investment manager of Starboard C LP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard C LP. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard C LP.
  8. Securities beneficially owned by Starboard L Master. Each of Starboard L LP, as the general partner of Starboard L Master, and Starboard R GP, as the general partner of Starboard L LP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard L LP. Starboard Value LP, as the investment manager of Starboard L Master, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard L Master. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard L Master.
  9. Securities beneficially owned by Starboard X Master. Starboard Value LP, as the investment manager of Starboard X Master, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard X Master. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the securities beneficially owned by Starboard X Master.