0001591587-24-000077.txt : 20240906
0001591587-24-000077.hdr.sgml : 20240906
20240906160432
ACCESSION NUMBER: 0001591587-24-000077
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240905
FILED AS OF DATE: 20240906
DATE AS OF CHANGE: 20240906
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kim Michael
CENTRAL INDEX KEY: 0001782762
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38980
FILM NUMBER: 241284489
MAIL ADDRESS:
STREET 1: C/O ASSETMARK FINANCIAL HOLDINGS, INC.
STREET 2: 1655 GRANT STREET, 10TH FLOOR
CITY: CONCORD
STATE: CA
ZIP: 94520
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AssetMark Financial Holdings, Inc.
CENTRAL INDEX KEY: 0001591587
STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 300774039
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1655 GRANT STREET, 10TH FLOOR
CITY: CONCORD
STATE: CA
ZIP: 94520
BUSINESS PHONE: 800-664-5345
MAIL ADDRESS:
STREET 1: 1655 GRANT STREET, 10TH FLOOR
CITY: CONCORD
STATE: CA
ZIP: 94520
FORMER COMPANY:
FORMER CONFORMED NAME: AqGen Liberty Management II, Inc.
DATE OF NAME CHANGE: 20131108
4
1
wk-form4_1725653066.xml
FORM 4
X0508
4
2024-09-05
1
0001591587
AssetMark Financial Holdings, Inc.
AMK
0001782762
Kim Michael
C/O ASSETMARK FINANCIAL HOLDINGS, INC.
1655 GRANT STREET, 10TH FLOOR
CONCORD
CA
94520
1
1
0
0
CEO and President
0
Common Stock
2024-09-05
4
D
0
355794
35.25
D
0
D
Common Stock
2024-09-05
4
D
0
37808
35.25
D
0
I
By the Kim Family Charitable Remainder Trust, dated August 24, 2024.
Employee Stock Option (right to buy)
2024-09-05
4
D
0
62095
D
2029-07-17
Common Stock
62095
0
D
Stock Appreciation Right
2024-09-05
4
D
0
37955
D
2033-06-08
Common Stock
37955
0
D
Stock Appreciation Right
2024-09-05
4
D
0
166298
D
2031-06-09
Common Stock
166298
0
D
Stock Appreciation Right
2024-09-05
4
D
0
117057
D
2033-06-08
Common Stock
117057
0
D
Stock Appreciation Right
2024-09-05
4
D
0
197359
D
2032-06-08
Common Stock
197359
0
D
Stock Appreciation Right
2024-09-05
4
D
0
88415
D
2030-06-09
Common Stock
88415
0
D
Represents shares disposed of as a result of the merger pursuant to the previously announced Agreement and Plan of Merger, dated as of April 25, 2024, by and among AssetMark Financial Holdings, Inc., GTCR Everest Borrower, LLC and GTCR Everest Merger Sub, Inc. (the "Merger Agreement"). Pursuant to the Merger Agreement, at the effective time of the merger contemplated thereby (the "Effective Time"), each share of common stock held by the reporting person was converted automatically into the right to receive $35.25 per share in cash (the "Merger Consideration").
Includes shares of common stock underlying restricted stock units. Pursuant to the Merger Agreement, at the Effective Time, each restricted stock unit held by the reporting person was canceled and converted automatically into the right to receive the Merger Consideration.
Shares held by the Kim Family Charitable Remainder Trust, dated August 24, 2024, of which the Reporting Person and the Reporting Person's spouse are co-trustees.
Pursuant to the Merger Agreement, at the Effective Time, each stock option with respect to shares of common stock held by the reporting person was canceled and converted automatically into the right to receive an amount in cash equal to, with respect to each share of common stock underlying such stock option, the excess (if any) of the Merger Consideration over the applicable exercise price.
Pursuant to the Merger Agreement, at the Effective Time, each stock appreciation right with respect to shares of common stock held by the reporting person was canceled and converted automatically into the right to receive an amount in cash equal to, with respect to each stock appreciation right, the excess (if any) of the Merger Consideration over the applicable exercise price.
/s/ Celeste Angelich, as Attorney-in-Fact, for Michael Kim
2024-09-06