Statement of Changes in Beneficial Ownership (4)
May 21 2021 - 4:18PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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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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1. Name and Address of Reporting Person
*
Spruce House Partnership LLC |
2. Issuer Name and Ticker or Trading Symbol
Colliers International Group Inc.
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CIGI
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
C/O SPRUCE HOUSE CAPITAL LLC, 435 HUDSON STREET, 8TH FLOOR |
3. Date of Earliest Transaction
(MM/DD/YYYY)
5/19/2021 |
(Street)
NEW YORK, NY 10014
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
___ Form filed by One Reporting Person
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X
_ Form filed by More than One Reporting Person
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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)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Subordinate Voting Shares | 5/19/2021 | | S | | 1500000 | D | $102.63 | 4225143 | D (1)(2) | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. 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 | 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 of Derivative Security: 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 |
Explanation of Responses: |
(1) | The reported securities are held in the account of The Spruce House Partnership LLC (the "Aggregator"), its sole members being The Spruce House Partnership (AI) LP (f/k/a The Spruce House Partnership LP) and The Spruce House Partnership (QP) LP (collectively, the "Funds)", each a private investment fund managed by Spruce House Investment Management LLC (the "Investment Manager"). |
(2) | The reported securities may be deemed to be beneficially owned by the Investment Manager, the general partner of the Funds, Spruce House Capital LLC (the "General Partner"), and by Zachary Sternberg and Benjamin Stein, managing members of the Investment Manager and the General Partner (the "Managing Members"). Each of the Funds, the Investment Manager, the General Partner and the Managing Members disclaim beneficial ownership of the reported securities held by the Aggregator, except to the extent of his or its pecuniary interest therein. The Aggregator, the Funds, the Investment Manager, the General Partner and the Managing Members (collectively, the "Reporting Persons") affirmatively disclaim being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Spruce House Partnership LLC C/O SPRUCE HOUSE CAPITAL LLC 435 HUDSON STREET, 8TH FLOOR NEW YORK, NY 10014 |
| X |
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SPRUCE HOUSE PARTNERSHIP (AI) LP 435 HUDSON STREET, 8TH FLOOR NEW YORK, NY 10014 |
| X |
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Spruce House Partnership (QP) LP 435 HUDSON STREET, 8TH FLOOR NEW YORK, NY 10014 |
| X |
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Spruce House Capital LLC 435 HUDSON STREET, 8TH FLOOR NEW YORK, NY 10014 |
| X |
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Sternberg Zachary 435 HUDSON STREET, 8TH FLOOR NEW YORK, NY 10014 |
| X |
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Stein Benjamin Forester 435 HUDSON STREET, 8TH FLOOR NEW YORK, NY 10014 |
| X |
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SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 435 HUDSON STREET, 8TH FLOOR NEW YORK, NY 10014 |
| X |
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Signatures
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The Spruce House Partnership LLC By: /s/ Thomas Walker, Authorized Person | | 5/21/2021 |
**Signature of Reporting Person | Date |
The Spruce House Partnership (AI) LP By: /s/ Thomas Walker, Authorized Person | | 5/21/2021 |
**Signature of Reporting Person | Date |
The Spruce House Partnership (QP) LP By: /s/ Thomas Walker, Authorized Person | | 5/21/2021 |
**Signature of Reporting Person | Date |
Spruce House Capital LLC By: /s/ Thomas Walker, Authorized Person | | 5/21/2021 |
**Signature of Reporting Person | Date |
Zachary Sternberg By: /s/ Thomas Walker, (Attorney-in fact) | | 5/21/2021 |
**Signature of Reporting Person | Date |
Benjamin Stein By: /s/ Thomas Walker, (Attorney-in fact) | | 5/21/2021 |
**Signature of Reporting Person | Date |
Spruce House Investment Management LLC By: /s/ Thomas Walker, Authorized Person | | 5/21/2021 |
**Signature of Reporting Person | Date |
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