Bippy Siegal - 19 Jul 2021 Form 4 Insider Report for Membership Collective Group Inc. (SHCO)

Role: Director
Signature: /s/ Humera Afzal, attorney-in-fact for Bippy Siegal
Issuer symbol: SHCO
Transactions as of: 19 Jul 2021
Transactions value $: $0
Form type: 4
Filing time: 21 Jul 2021, 16:11:51 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHCO	Class A Common Stock	Options Exercise		+5.29M			5.29M	19 Jul 2021	By Raycliff SH Holdings, LLC	F1, F2
transaction	SHCO	Class A Common Stock	Options Exercise		+506K			506K	19 Jul 2021	By Raycliff Soho Works, LLC	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SHCO	Ordinary Shares of Soho House Holdings Limited	Options Exercise	$0	-7.01M	-100%	$0.00^*	0	19 Jul 2021	Class A Common Stock	5.29M		By Raycliff SH Holdings, LLC	F1, F2
transaction	SHCO	Ordinary Shares of Soho House Holdings Limited	Options Exercise	$0	-670K	-100%	$0.00^*	0	19 Jul 2021	Class A Common Stock	506K		By Raycliff Soho Works, LLC	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In connection with the Issuer's initial public offering ("IPO"), these ordinary shares of Soho House Holdings Limited were exchanged for shares of Class A common stock of the Issuer at a ratio of approximately 0.75 shares of Class A common stock for each equity interest in Soho House Holdings Limited.
F2	Represents shares of Class A common stock owned by entities controlled by Mr. Siegel. Mr. Siegal disclaims beneficial ownership over these securities, except to the extent of his pecuniary interest therein.