FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Xponential Fitness, Inc. [ XPOF ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 02/07/2023 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Class B Common Stock | 01/17/2023 | G | V | 5,081(1) | D | $0 | 1,024,175 | I | The Anthony Geisler Trust U/A Dated 05/17/2011(2) | |
Class B Common Stock | 02/07/2023 | D | 1,000,000(3) | D | $0 | 24,175 | I | The Anthony Geisler Trust U/A Dated 05/17/2011(2) | ||
Class A Common Stock | 02/07/2023 | M | 1,000,000(3) | A | $0 | 2,052,514 | I | The Anthony Geisler Trust U/A Dated 05/17/2011(2) | ||
Class A Common Stock | 02/10/2023 | S | 1,000,000(4) | D | $24.5 | 1,052,514 | I | The Anthony Geisler Trust U/A Dated 05/17/2011(2) | ||
Class B Common Stock | 7,439,858 | I | LAG Fit, Inc.(5) | |||||||
Class A Common Stock | 83,330 | I | LAG Fit, Inc.(5) | |||||||
Class A Common Stock | 356,138 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
LLC Units in Xponential Holdings LLC | (6) | 01/17/2023 | G | V | 5,081(1) | (7) | (8) | Class A Common Stock | 5,081 | (6) | 1,024,175 | I | The Anthony Geisler Trust U/A Dated 05/17/2011(2) | ||
LLC Units in Xponential Holdings LLC | (6) | 02/07/2023 | C | 1,000,000(3) | (7) | (8) | Class A Common Stock | 1,000,000 | (6) | 24,175 | I | The Anthony Geisler Trust U/A Dated 05/17/2011(2) | |||
LLC Units in Xponential Holdings LLC | (6) | (7) | (8) | Class A Common Stock | 7,439,858 | 7,439,858 | I | LAG Fit, Inc.(5) |
Explanation of Responses: |
1. Reflects transfer of shares without consideration pursuant to a 10b5-1 gift plan. |
2. Shares are owned directly by the Anthony Geisler Trust U/A Dated 05/17/2011 and indirectly by Mr. Geisler as trustee of the trust. |
3. On February 7, 2023, the Anthony Geisler Trust U/A Dated 05/17/2011 redeemed 1,000,000 LLC Units, together with the cancellation of 1,000,000 shares of Class B Common Stock, for 1,000,000 shares of Class A Common Stock. |
4. On February 10, 2023, the Reporting Persons completed an underwritten public offering pursuant to which the Reporting Persons sold 1,000,000 shares of Class A Common Stock at a public offering price of $24.50 per share, or a net per share price of $23.336 after deducting $1.164 per share of underwriting discounts and commissions. |
5. LAG Fit, Inc. is wholly owned by Mr. Geisler. Mr. Geisler has reported sole investment and dispositive power over the shares held by LAG Fit, Inc. |
6. Any vested LLC Unit may be redeemed for, together with the cancellation of a share of Class B common stock, one share of Class A common stock or a cash payment equal to the volume weighted average market price of one share of Class A common stock for each LLC Unit redeemed. |
7. All LLC Units are vested and redeemable into shares of Class A common stock. |
8. The LLC Units do not expire. |
/s/ John Meloun, as Attorney-in-Fact, for Anthony Geisler | 02/17/2023 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |