Nick Lewin - 26 Jan 2023 Form 4 Insider Report for FaZe Holdings Inc.

Role
Director
Signature
Nick Lewin
Issuer symbol
N/A
Transactions as of
26 Jan 2023
Net transactions value
$0
Form type
4
Filing time
27 Jan 2023, 15:56:30 UTC
Previous filing
16 Dec 2022
Next filing
26 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FAZE Common Stock Other $0 -9,220,565 -93% $0.000000 730,794 26 Jan 2023 See footnote F1, F2
transaction FAZE Common Stock Other $0 -6,405,423 -91% $0.000000 662,023 26 Jan 2023 See footnote F1, F3
transaction FAZE Common Stock Other $0 +297,197 $0.000000 297,197 26 Jan 2023 Direct F4
holding FAZE Common Stock 20,000 26 Jan 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a pro rata distribution-in-kind to the limited partners of the limited partnership directly holding the subject shares (as described in footnotes 2 and 3), for no additional consideration from such limited partners (collectively, the "Distribution-in-Kind").
F2 Reflects securities held directly by CPH Phase II SPV LP. CPH Holdings VII, LLC is the sole general partner of each of CPH Phase II SPV LP and CPH Phase III SPV LP, and Nick Lewin is the sole manager of CPH Holdings VII, LLC. In such capacity, Mr. Lewin has sole voting and investment power over the securities held by CPH Phase II SPV LP and CPH Phase III SPV LP and therefore may be deemed to be the beneficial owner of such securities. With respect to the securities held by CPH Phase II SPV LP and CPH Phase III SPV LP, Mr. Lewin disclaims beneficial ownership, except to the extent of his pecuniary interest therein.
F3 Reflects securities held directly by CPH Phase III SPV LP. CPH Holdings VII, LLC is the sole general partner of each of CPH Phase II SPV LP and CPH Phase III SPV LP, and Nick Lewin is the sole manager of CPH Holdings VII, LLC. In such capacity, Mr. Lewin has sole voting and investment power over the securities held by CPH Phase II SPV LP and CPH Phase III SPV LP and therefore may be deemed to be the beneficial owner of such securities. With respect to the securities held by CPH Phase II SPV LP and CPH Phase III SPV LP, Mr. Lewin disclaims beneficial ownership, except to the extent of his pecuniary interest therein.
F4 Pursuant to the Distribution-in-Kind, Reporting Person received 111,449 shares of the Common Stock from CPH Phase II SPV LP and 185,748 such shares from CPH Phase III SPV LP, in each case, as a limited partner of the distributing limited partnership.