Form 4: Life Time Group Holdings: Green LTF Holdings II LP Sells Shares in Public Offering

Green LTF Holdings II LP and affiliated entities sold shares of Life Time Group Holdings, Inc. common stock at $20.88 per share as part of a public offering.

Summary

• Green LTF Holdings II LP and related entities, including GEI Capital VI, LLC, Green Equity Investors VI, L.P., and others, have reported changes in their beneficial ownership of Life Time Group Holdings, Inc. common stock.
• The transactions involved the sale of shares at a price of $20.88 per share as part of a public offering that closed on August 14, 2024.
• Green LTF Holdings II LP sold 3,509,808 shares.
• Associates VI-A sold 5,945 shares.
• Associates VI-B sold 59,247 shares.
• Following these transactions, Green LTF Holdings II LP holds 54,160,712 shares, Associates VI-A holds 91,733 shares, and Associates VI-B holds 914,255 shares.
• The reporting persons disclaim beneficial ownership of the securities reported, except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a share sale. It doesn't inherently convey positive or negative sentiment, but rather reports a factual transaction.

Industry Context

This filing indicates a partial exit by a major shareholder, which is a common occurrence after a company has been public for some time. The public offering provides liquidity for these shareholders while also potentially increasing the company's public float.

Stakeholder Impact

• The share sale may increase the public float of Life Time Group Holdings, potentially improving liquidity for shareholders.
• The transaction provides liquidity for Green LTF Holdings II LP and affiliated entities.

Key Dates