Bahram Akradi - Feb 27, 2025 Form 4 Insider Report for Life Time Group Holdings, Inc. (LTH)

Signature
/s/ Stuart McFarland, Attorney-in-fact
Stock symbol
LTH
Transactions as of
Feb 27, 2025
Transactions value $
-$150,649,999
Form type
4
Date filed
3/3/2025, 06:02 PM
Previous filing
Jan 13, 2025
Next filing
Mar 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTH Common Stock Options Exercise $93.9M +9.39M +584.85% $10.00 11M Feb 27, 2025 Direct
transaction LTH Common Stock Tax liability -$93.9M -3M -27.28% $31.30 7.99M Feb 27, 2025 Direct
transaction LTH Common Stock Sale -$151M -5M -62.55% $30.13 2.99M Feb 27, 2025 Direct
transaction LTH Common Stock Award $0 +377K +12.58% $0.00 3.37M Feb 28, 2025 Direct
transaction LTH Common Stock Award $0 +188K +5.59% $0.00 3.56M Feb 28, 2025 Direct F1, F2
transaction LTH Common Stock Gift $0 -8.68K -0.96% $0.00 891K Feb 28, 2025 By Bahram Akradi 2018 GST Family Trust F2
transaction LTH Common Stock Gift $0 +8.68K +0.08% $0.00 11.5M Feb 28, 2025 By Bahram Akradi Revocable Trust U/A dated February 7, 2006 F2
holding LTH Common Stock 34.4K Feb 27, 2025 By Bahram Akradi 2012 GST Family Trust 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 LTH Stock Option Options Exercise $0 -9.39M -100% $0.00 0 Feb 27, 2025 Common Stock 9.39M $10.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted performance stock units, each of which represented a contingent right to receive one share of the Issuer's common stock, subject to meeting a performance condition for the fiscal 2024 performance period and further time-based vesting requirements. Based on actual performance, the performance condition was met and the shares will vest the later of (a) determination of the Issuer's performance for fiscal 2026 for the remaining performance stock units and (b) the first full trading date following the release of the Issuer's financial results for fiscal 2026.
F2 The shares are subject to a lock-up agreement, effective as of 2/27/2025 (the "Lock-Up Date"), between the reporting person and J.P. Morgan Securities LLC and BofA Securities, Inc., pursuant to which such shares cannot be sold for 180 days following the Lock-Up Date, subject to certain exceptions.
F3 Fully vested.
F4 Stock option grant was inadvertently reported as indirect holdings on the Form 4 filed on 10/14/21.