0000950142-18-001459.txt : 20180629 0000950142-18-001459.hdr.sgml : 20180629 20180629164547 ACCESSION NUMBER: 0000950142-18-001459 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180629 DATE AS OF CHANGE: 20180629 GROUP MEMBERS: SC II CLS, L.P. GROUP MEMBERS: SEARCHLIGHT CAPITAL II (FC) AIV, L.P. GROUP MEMBERS: SEARCHLIGHT CAPITAL II GP, L.P. GROUP MEMBERS: SEARCHLIGHT CAPITAL II GP, LLC GROUP MEMBERS: SEARCHLIGHT CAPITAL II PV, L.P. GROUP MEMBERS: SEARCHLIGHT II CLS GP, LLC GROUP MEMBERS: SEARCHLIGHT II CLS, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Uniti Group Inc. CENTRAL INDEX KEY: 0001620280 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 465230630 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88821 FILM NUMBER: 18929821 BUSINESS ADDRESS: STREET 1: 10802 EXECUTIVE CENTER DRIVE STREET 2: BENTON BUILDING, SUITE 300 CITY: LITTLE ROCK STATE: AR ZIP: 72211 BUSINESS PHONE: 501-850-0820 MAIL ADDRESS: STREET 1: 10802 EXECUTIVE CENTER DRIVE STREET 2: BENTON BUILDING, SUITE 300 CITY: LITTLE ROCK STATE: AR ZIP: 72211 FORMER COMPANY: FORMER CONFORMED NAME: COMMUNICATIONS SALES & LEASING, INC. DATE OF NAME CHANGE: 20140923 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Searchlight Capital II PV, L.P. CENTRAL INDEX KEY: 0001648707 IRS NUMBER: 981252937 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O SEARCHLIGHT CAPITAL PARTNERS, L.P. STREET 2: 745 FIFTH AVENUE, 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10151 BUSINESS PHONE: 212-293-3730 MAIL ADDRESS: STREET 1: C/O SEARCHLIGHT CAPITAL PARTNERS, L.P. STREET 2: 745 FIFTH AVENUE, 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10151 SC 13D/A 1 eh1800832_13da3-uniti.htm AMENDMENT NO. 3

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 3)*
 
Uniti Group Inc.
(Name of Issuer)
 
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
 
91325V108
(CUSIP Number)
 
Searchlight II CLS, L.P.
c/o Searchlight Capital Partners, L.P.
745 5th Avenue – 27th Floor
New York, NY 10151
Attention: Nadir Nurmohamed
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
June 27, 2018
(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. ☐
Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See Rule 13d-7 for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

All ownership percentages set forth herein are based on there being 175,703,882 shares of Common Stock outstanding.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be  subject to all other  provisions of the Act  (however, see the Notes).
 
 
CUSIP No.  91325V108
 SCHEDULE 13D
Page 2 of 14

 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Searchlight II CLS, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  ☒
3
SEC USE ONLY
 
 
  
4
SOURCE OF FUNDS
 
OO
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
6,715,800
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
6,715,800
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
6,715,800
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
3.8%
  
14
TYPE OF REPORTING PERSON
 
PN
  
 
 
 
CUSIP No.  91325V108
 SCHEDULE 13D
Page 3 of 14

 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Searchlight II CLS GP, LLC
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  ☒
3
SEC USE ONLY
 
 
  
4
SOURCE OF FUNDS
 
OO
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
6,715,800
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
6,715,800
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
6,715,800
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
3.8%
  
14
TYPE OF REPORTING PERSON
 
OO
  
 

 
CUSIP No.  91325V108
 SCHEDULE 13D
Page 4 of 14

 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
SC II CLS, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  ☒
3
SEC USE ONLY
 
 
  
4
SOURCE OF FUNDS
 
OO
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
0
8
SHARED VOTING POWER
 
6,715,800
9
SOLE DISPOSITIVE POWER
 
0
10
SHARED DISPOSITIVE POWER
 
6,715,800
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
6,715,800
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
3.8%
  
14
TYPE OF REPORTING PERSON
 
PN
  
 

 
CUSIP No.  91325V108
 SCHEDULE 13D
Page 5 of 14

 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Searchlight Capital II (FC) AIV, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  ☒
3
SEC USE ONLY
 
 
  
4
SOURCE OF FUNDS
 
OO
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
0
8
SHARED VOTING POWER
 
6,715,800
9
SOLE DISPOSITIVE POWER
 
0
10
SHARED DISPOSITIVE POWER
 
6,715,800
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
6,715,800
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
3.8%
  
14
TYPE OF REPORTING PERSON
 
PN
  
 

 
CUSIP No.  91325V108
 SCHEDULE 13D
Page 6 of 14

 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Searchlight Capital II PV, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  ☒
3
SEC USE ONLY
 
 
  
4
SOURCE OF FUNDS
 
OO
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
  
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
0
8
SHARED VOTING POWER
 
6,715,800
9
SOLE DISPOSITIVE POWER
 
0
10
SHARED DISPOSITIVE POWER
 
6,715,800
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
6,715,800
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
3.8%
  
14
TYPE OF REPORTING PERSON
 
PN
  
 


 
CUSIP No.  91325V108
 SCHEDULE 13D
Page 7 of 14

 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Searchlight Capital II GP, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  ☒
3
SEC USE ONLY
 
 
  
4
SOURCE OF FUNDS
 
OO
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
  
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
6,715,800
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
6,715,800
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
6,715,800
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
3.8%
  
14
TYPE OF REPORTING PERSON
 
PN
  
 


 
CUSIP No.  91325V108
 SCHEDULE 13D
Page 8 of 14

 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Searchlight Capital II GP, LLC
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  ☒
3
SEC USE ONLY
 
 
  
4
SOURCE OF FUNDS
 
OO
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
  
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
6,715,800
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
6,715,800
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
6,715,800
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
3.8%
  
14
TYPE OF REPORTING PERSON
 
OO
  
 
 
 
CUSIP No.  91325V108
 SCHEDULE 13D
Page 9 of 14
 
Explanatory Note

This Amendment No. 3 to Schedule 13D (“Amendment No. 3”) amends and supplements the statement on Schedule 13D filed with the United States Securities and Exchange Commission on June 27, 2016, as amended by Amendment No. 2 (“Amendment No. 2”), filed on August 7, 2017, and Amendment No. 1, filed on May 16, 2017 (the “Statement”), relating to the common stock, $0.0001 par value per share, of Uniti Group Inc., formerly known as Communications Sales & Leasing Inc. Capitalized terms used herein without definition shall have the meaning set forth in the Statement.
 
Item 1. Security and Issuer.
No material change.
Item 2. Identity and Background.
 
No material change.
Item 3. Source or Amount of Funds or Other Consideration.
No material change.
 
Item 4. Purpose of Transaction.
 
No material change.
 
 
 
CUSIP No.  91325V108
 SCHEDULE 13D
Page 10 of 14
 
Item 5.  Interest in Securities of the Issuer.
Paragraph (a) of Item 5 of the Statement is hereby amended and restated in its entirety as follows:
“(a) As of the date hereof, (i) Searchlight CLS beneficially owns 6,715,800 shares of Common Stock or 3.8% of the issued and outstanding Common Stock, (ii) Searchlight CLS GP, because of its position as the general partner of Searchlight CLS, may, pursuant to Rule 13d-3 of the Act, be deemed to beneficially own 6,715,800 shares of Common Stock or 3.8% of the issued and outstanding Common Stock, (iii) SC CLS, because of its position as a member of Searchlight CLS GP, may, pursuant to Rule 13d-3 of the Act, be deemed to beneficially own 6,715,800 shares of Common Stock or 3.8% of the issued and outstanding Common Stock, (iv) Searchlight (FC), because of its position as a member of Searchlight CLS GP, may, pursuant to Rule 13d-3 of the Act, be deemed to beneficially own 6,715,800 shares of Common Stock or 3.8% of the issued and outstanding Common Stock, (v) Searchlight Capital II PV, because of its position as a member of Searchlight CLS GP, may, pursuant to Rule 13d-3 of the Act, be deemed to beneficially own 6,715,800 shares of Common Stock or 3.8% of the issued and outstanding Common Stock, (vi) Searchlight Capital II GP, LP, because of its position as the general partner of SC CLS, Searchlight (FC) and Searchlight Capital II PV, may, pursuant to Rule 13d-3 of the Act, be deemed to beneficially own 6,715,800 shares of Common Stock or 3.8% of the issued and outstanding Common Stock, and (vii) Searchlight Capital II GP, LLC, because of its position as the general partner of Searchlight Capital II GP, LP, may, pursuant to Rule 13d-3 of the Act, be deemed to beneficially own 6,715,800 shares of Common Stock or 3.8% of the issued and outstanding Common Stock.”
Paragraph (c) of Item 5 of the Statement is hereby amended and restated in its entirety as follows:
“(c) Set forth on Exhibit B hereto are the trade dates, the number of shares of Common Stock purchased or sold and the average price per share of Common Stock on each trade date, for all transactions by the Reporting Persons since Amendment No. 2 was filed on August 7, 2017.”
 
Paragraph (e) of Item 5 of the Statement is hereby amended and restated in its entirety as follows:
 
“The Reporting Persons ceased to be the beneficial owner of more than five percent of the Common Stock on June 27, 2018.”

 
 
 
CUSIP No.  91325V108
Page 11 of 14

Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
 
No material change.
 
 
CUSIP No.  91325V108
 SCHEDULE 13D
Page 12 of 14


Item 7.  Material to Be Filed as Exhibits.

Exhibit 1
Joint Filing Agreement, dated June 29, 2018, between Searchlight II CLS, L.P. and Searchlight II CLS GP, LLC.
   
Exhibit 2
Transactions in the Common Stock Since Amendment No. 2.
 
 

 
 
CUSIP No.  91325V108
 SCHEDULE 13D
Page 13 of 14


SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: June 29, 2018

 
Searchlight II CLS, L.P.
  
 
By:
Searchlight II CLS GP, LLC,
  
   
its general partner
  
 
By: 

/s/ Nadir Nurmohamed
  
   
Name: Nadir Nurmohamed
Title:   Authorized Signatory
  
 
 
Searchlight II CLS GP, LLC
  
 
By: 

/s/ Nadir Nurmohamed
  
   
Name: Nadir Nurmohamed
Title:   Authorized Signatory
  

 
SC II CLS, L.P.
  
 
By:
Searchlight Capital Partners II GP, L.P.,
  
   
its general partner
By: Searchlight Capital Partners II GP, LLC, its general partner
  
 
By: 

/s/ Eric Zinterhofer
  
   
Name: Eric Zinterhofer
Title:   Authorized Signatory
  

 
Searchlight Capital II (FC) AIV, L.P.
  
 
By:
Searchlight Capital Partners II GP, L.P.,
  
   
its general partner
By: Searchlight Capital Partners II GP, LLC, its general partner
  
 
By: 

/s/ Eric Zinterhofer
  
   
Name: Eric Zinterhofer
Title:   Authorized Signatory
  
 
 
 
 
CUSIP No.  91325V108
 SCHEDULE 13D
Page 14 of 14


 
Searchlight Capital II PV, L.P.
  
 
By:
Searchlight Capital Partners II GP, L.P.,
  
   
its general partner
By: Searchlight Capital Partners II GP, LLC, its general partner
  
 
By: 

/s/ Eric Zinterhofer
  
   
Name: Eric Zinterhofer
Title:   Authorized Signatory
  

 
Searchlight Capital Partners II GP, L.P.
By: Searchlight Capital Partners II GP, LLC, its general partner
  
 
By: 

/s/ Eric Zinterhofer
  
   
Name: Eric Zinterhofer
Title:   Authorized Signatory
  

 
Searchlight Capital Partners II GP, LLC
  
 
By: 

/s/ Eric Zinterhofer
  
   
Name: Eric Zinterhofer
Title:   Authorized Signatory
  
 
 
 
 
Exhibit 1

Joint Filing Agreement

         We, the signatories of the statement on Schedule 13D to which this Agreement is attached, do hereby agree that such statement is, and any amendments thereto filed by any of us will be, filed on behalf of each of us.

Dated: June 29, 2018

 
Searchlight II CLS, L.P.
  
 
By:
Searchlight II CLS GP, LLC,
  
   
its general partner
  
 
By: 

/s/ Nadir Nurmohamed
  
   
Name: Nadir Nurmohamed
Title:   Authorized Signatory
  
 
 
Searchlight II CLS GP, LLC
  
 
By: 

/s/ Nadir Nurmohamed
  
   
Name: Nadir Nurmohamed
Title:   Authorized Signatory
  

 
SC II CLS, L.P.
  
 
By:
Searchlight Capital Partners II GP, L.P.,
  
   
its general partner
By: Searchlight Capital Partners II GP, LLC, its general partner
  
 
By: 

/s/ Eric Zinterhofer
  
   
Name: Eric Zinterhofer
Title:   Authorized Signatory
  

 
Searchlight Capital II (FC) AIV, L.P.
  
 
By:
Searchlight Capital Partners II GP, L.P.,
  
   
its general partner
By: Searchlight Capital Partners II GP, LLC, its general partner
  
 
By: 

/s/ Eric Zinterhofer
  
   
Name: Eric Zinterhofer
Title:   Authorized Signatory
  

 
Searchlight Capital II PV, L.P.
  
 
By:
Searchlight Capital Partners II GP, L.P.,
  
   
its general partner
By: Searchlight Capital Partners II GP, LLC, its general partner
  
 
By: 

/s/ Eric Zinterhofer
  
   
Name: Eric Zinterhofer
Title:   Authorized Signatory
  
 
 
 

 
 
Searchlight Capital Partners II GP, L.P.
By: Searchlight Capital Partners II GP, LLC, its general partner
  
 
By: 

/s/ Eric Zinterhofer
  
   
Name: Eric Zinterhofer
Title:   Authorized Signatory
  

 
Searchlight Capital Partners II GP, LLC
  
 
By: 

/s/ Eric Zinterhofer
  
   
Name: Eric Zinterhofer
Title:   Authorized Signatory
  
 
 
 
 
 
Exhibit 2
 
 
Transaction in the Common Stock
Since Amendment No. 2

 

PURCHASES BY SEARCHLIGHT II CLS, L.P.
 
 
Trade Date
Number of Shares Purchased
Average Price (in dollars)
Price Range*
(in dollars)
08/09/2017
133,592
  
22.105
  
21.755-22.250
  
08/10/2017
125,000
  
21.284
  
21.020-21.790
  
08/15/2017
250,000
  
18.464
  
18.150-18.730
  
09/29/2017
482,134
  
14.415
  
14.350-14.500
  
12/01/2017
42,855
  
16.369
  
16.235-16.400
  
12/04/2017
57,143
  
16.571
  
16.435-16.700
  
12/05/2017
42,857
  
16.479
  
16.310-16.535
  
12/06/2017
71,429
  
16.187
  
15.745-16.490
  
12/07/2017
5,661
  
15.819
  
15.680-16.300
  
12/08/2017
14,286
  
16.855
  
16.660-17.000
  
12/12/2017
14,286
  
17.758
  
17.670-17.845
  
12/13/2017
14,286
  
17.866
  
17.720-17.955
  
12/14/2017
14,286
  
17.631
  
17.520-17.700
  
12/15/2017
14,286
  
17.574
  
17.445-17.690
  
 

 SALES BY SEARCHLIGHT II CLS, L.P.
 
Trade Date
Number of Shares Sold
Average Price (in dollars)
Price Range*
(in dollars)
06/27/2018
5,182,709
 
20.16
 
(1)
 
 

* The Reporting Persons undertake to provide upon request by the staff of the Securities and Exchange Commission, Uniti Group, Inc. ("Uniti") or a security holder of Uniti full information regarding the number of shares of Common Stock purchased or sold at each separate price within the range set forth in this column.
(1)  All shares sold at the average price.