Great Hill Partners Amends Intapp Stake Filing
Ticker: INTA · Form: SC 13D/A · Filed: Mar 19, 2024 · CIK: 1565687
| Field | Detail |
|---|---|
| Company | Intapp, Inc. (INTA) |
| Form Type | SC 13D/A |
| Filed Date | Mar 19, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 13D-filing, ownership-change, amendment
Related Tickers: INTAPP
TL;DR
Great Hill Partners updated their Intapp filing on 3/19 - check for ownership changes.
AI Summary
Great Hill Partners, through its affiliates GHP IV, LLC, GREAT HILL EQUITY PARTNERS IV, L.P., and GREAT HILL PARTNERS GP IV, L.P., has amended its Schedule 13D filing concerning Intapp, Inc. as of March 19, 2024. The filing indicates a change in beneficial ownership, with Great Hill Investors LLC also listed as a filer. The specific details of the ownership change or the total number of shares held are not explicitly stated in this excerpt, but the amendment signifies an update to their holdings in Intapp, Inc.
Why It Matters
This amendment signals a potential shift in the ownership structure or strategy of Intapp, Inc., which could influence its stock performance and corporate governance.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's position, which can lead to increased volatility.
Key Players & Entities
- Great Hill Partners (company) — Filing entity
- GHP IV, LLC (company) — Group member of filer
- GREAT HILL EQUITY PARTNERS IV, L.P. (company) — Group member of filer
- GREAT HILL PARTNERS GP IV, L.P. (company) — Group member of filer
- Intapp, Inc. (company) — Subject company
- Great Hill Investors LLC (company) — Filing entity
- John S. Dwyer (person) — Authorized contact for filer
FAQ
What specific changes in beneficial ownership are detailed in this amendment?
This excerpt does not specify the exact changes in beneficial ownership, only that an amendment to the Schedule 13D filing has been made as of March 19, 2024.
What is the CUSIP number for Intapp, Inc. common stock?
The CUSIP number for Intapp, Inc. common stock is 45827U109.
Who is the subject company in this filing?
The subject company is Intapp, Inc.
Which entities are listed as group members for the filer?
The group members listed are GHP IV, LLC, GREAT HILL EQUITY PARTNERS IV, L.P., and GREAT HILL PARTNERS GP IV, L.P.
What is the business address of Intapp, Inc.?
The business address of Intapp, Inc. is 3101 Park Boulevard, Palo Alto, CA 94306.
Filing Stats: 1,920 words · 8 min read · ~6 pages · Grade level 10.9 · Accepted 2024-03-19 16:45:38
Key Financial Figures
- $0.001 — relating to the common stock, par value $0.001 per share (the “Common Stock&rdqu
Filing Documents
- tm2491888d1_sc13da.htm (SC 13D/A) — 95KB
- tm2491888d1_ex7.htm (EX-7) — 36KB
- 0001104659-24-036187.txt ( ) — 132KB
Purpose of Transaction
Item 4. Purpose of Transaction.
of the Schedule 13D is hereby amended and supplemented with
Item 4 of the Schedule 13D is hereby amended and supplemented with the following: The 10b5-1 Plan On March 15, 2024, Great Hill Equity Partners IV, L.P. (“GHEP IV”) and Great Hill Investors, LLC (“GHI” and, together with GHEP IV, the “Great Hill Parties”) entered into a 10b5-1 plan (the “10b5-1 Plan”), pursuant to which the Great Hill Parties may make periodic sales of up to 3,000,000 shares of Common Stock. The amount and timing of sales pursuant to the 10b5-1 Plan, if any, may vary and will be determined based on market conditions, including the market price of the Common Stock, as well as other factors. The foregoing description of the 10b5-1 Plan is qualified in its entirety by reference to the full text of the 10b5-1 Plan, which is filed as an exhibit to this Schedule 13D and incorporated by reference herein. CUSIP No. 45827U109 13D Page 6 of 8 pages
Interest in Securities of the Issuer
Item 5. Interest in Securities of the Issuer.
(a) –
Item 5 (a) – (c) of the Schedule 13D is hereby amended and supplemented with the following: (a) – (b) The following sets forth, as of the date of this Amendment No. 4, the aggregate number of shares of Common Stock and percentage of Common Stock beneficially owned by each of the Reporting Persons, as well as the number of shares of Common Stock as to which each Reporting Person has the sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition of, or shared power to dispose or to direct the disposition of, as of the date hereof, based on 73,015,313 shares of Common Stock outstanding as of February 29, 2024 and after the March 2024 Offering, as disclosed in the Issuer’s prospectus supplement dated March 4, 2024, filed with the Securities and Exchange Commission on March 6, 2024. Reporting Person Amount beneficially owned Percent of class Sole power to vote or to direct the vote Shared power to vote or to direct the vote Sole power to dispose or to direct the disposition Shared power to dispose or to direct the disposition Great Hill Investors, LLC 23,957 * 23,957 0 23,957 0 Great Hill Equity Partners IV, L.P. 6,703,064 9.2 % 0 6,703,064 0 6,703,064 Great Hill Partners GP IV, L.P. 6,703,064 9.2 % 0 6,703,064 0 6,703,064 GHP IV, LLC 6,703,064 9.2 % 0 6,703,064 0 6,703,064 * Less than 0.1% GHI is the record holder of 23,957 shares of Common Stock. GHEP IV is the record holder of 6,670,294 shares of Common Stock. Pursuant to its amended and restated limited partnership agreements, GHEP IV may also be deemed to beneficially own (i) 16,385 shares of Common Stock held of record by Christopher Gaffney, and (ii) 16,385 shares of Common Stock held of record by Derek Schoettle. Each of Christopher Gaffney, who serves as Manager of GHI and GHP IV, and Derek Schoettle, who serves as Growth Partner of Great Hill Partners, L.P
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
of the Schedule 13D is hereby amended and supplemented with
Item 6 of the Schedule 13D is hereby amended and supplemented with the following:
above summarizes certain provisions of the
Item 4 above summarizes certain provisions of the 10b5-1 Plan and is incorporated herein by reference. A copy of the 10b5-1 Plan is filed as an exhibit to this Schedule 13D and incorporated by reference herein. Except as set forth herein, none of the Reporting Persons or Related Persons has any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect to any securities of the Issuer, including but not limited to any contracts, arrangements, understandings or relationships concerning the transfer or voting of such securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies.
Materials to be Filed as Exhibits
Item 7. Materials to be Filed as Exhibits
of the Schedule 13D is hereby amended and supplemented with
Item 7 of the Schedule 13D is hereby amended and supplemented with the following: Exhibit Number Description 7 10b5-1 Plan, dated March 15, 2024. CUSIP No. 45827U109 13D Page 8 of 8 pages
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date : March 19, 2024 Great Hill Investors, LLC By: /s/ John S. Dwyer Name: John S. Dwyer Title: Authorized Signatory Great Hill Equity Partners IV, L.P. By: /s/ John S. Dwyer Name: John S. Dwyer Title: Authorized Signatory Great Hill Partners GP IV, L.P. By: /s/ John S. Dwyer Name: John S. Dwyer Title: Authorized Signatory GHP IV, LLC By: /s/ John S. Dwyer Name: John S. Dwyer Title: Authorized Signatory