Jeffrey C. Smith - 06 Jun 2023 Form 4 Insider Report for Cyxtera Technologies, Inc.

Role
10%+ Owner
Signature
/s/ Jeffrey C. Smith
Issuer symbol
N/A
Transactions as of
06 Jun 2023
Net transactions value
-$571,500
Form type
4
Filing time
08 Jun 2023, 17:59:23 UTC
Previous filing
17 May 2023
Next filing
22 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYXTQ Class A Common Stock Sale $571,500 -9,000,000 -32% $0.0635 19,355,337 06 Jun 2023 By Starboard Value LP F1, F2
holding CYXTQ Class A Common Stock 3,273 06 Jun 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total also reflects shares received in an in-kind distribution from SVAC Sponsor LLC for no consideration.
F2 Starboard Value LP ("Starboard") serves as the investment manager or manager of certain managed accounts and private investment funds (collectively, the "Starboard Accounts"), which hold the securities reported herein and as such may be deemed to beneficially own such securities. The Reporting Person, as a Managing Member of Starboard, may be deemed to beneficially own the securities directly held by the Starboard Accounts for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.