0001803599-23-000203.txt : 20230927
0001803599-23-000203.hdr.sgml : 20230927
20230927205843
ACCESSION NUMBER: 0001803599-23-000203
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230925
FILED AS OF DATE: 20230927
DATE AS OF CHANGE: 20230927
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Duha Olivier
CENTRAL INDEX KEY: 0001994484
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39494
FILM NUMBER: 231285918
MAIL ADDRESS:
STREET 1: 39899 BALENTINE DRIVE
STREET 2: STE 235
CITY: NEWARK
STATE: CA
ZIP: 94560
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Concentrix Corp
CENTRAL INDEX KEY: 0001803599
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 271605762
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1130
BUSINESS ADDRESS:
STREET 1: 39899 BALENTINE DRIVE
CITY: NEWARK
STATE: CA
ZIP: 94560
BUSINESS PHONE: 8007470583
MAIL ADDRESS:
STREET 1: 39899 BALENTINE DRIVE
CITY: NEWARK
STATE: CA
ZIP: 94560
4
1
wk-form4_1695862712.xml
FORM 4
X0508
4
2023-09-25
0
0001803599
Concentrix Corp
CNXC
0001994484
Duha Olivier
39899 BALENTINE DRIVE
NEWARK
CA
94560
1
0
0
0
0
Common Stock
2023-09-25
4
A
0
1177480
A
1177480
D
Common Stock
2023-09-25
4
A
0
1173
0
A
1178653
D
Common Stock
2023-09-25
4
A
0
322066
A
322066
I
By Montana, a societe simple, organized under the Laws of Belgium
Common Stock
2023-09-25
4
A
0
36041
A
36041
I
By Liberty Management, a societe a responsabilite limitee, organized under the laws of Belgium
On September 25, 2023, the Issuer completed its acquisition of the issued and outstanding capital stock of Marnix Lux SA, a public limited company (societe anonyme) organized under the Laws of the Grand Duchy of Luxembourg ("Marnix Lux"), the parent company of Webhelp, pursuant to the Share Purchase and Contribution Agreement dated June 12, 2023, as amended by the First Amendment to the Share Purchase and Contribution Agreement, dated July 14, 2023 by and among the Issuer, OSYRIS S.a.r.l., Marnix Lux and the holders of Marnix Lux (the "Transaction", and such agreement, as amended, the "Agreement").
In connection with the Transaction, the Reporting Person received 1,177,480 shares of the Issuer as well as cash, a portion of the Sellers' Note (as defined in the Agreement) and a contractual right to receive up to an additional 59,421 shares of the Issuer subject to certain conditions set forth in the Agreement (which right became fixed and irrevocable on the effective date of the Transaction) in exchange for (i) certain shares of Marnix Lux and (ii) the contribution of a Vendor Loan (as defined in the Agreement) received in connection with the acquisition by the Issuer of certain other shares of Marnix Lux, representing a total of 17,551,332 shares of Marnix Lux. On the effective date of the Transaction, the closing price of Concentrix' common stock was $73.92 per share.
Represents restricted stock units under the 2020 Stock Incentive Plan. The restricted stock units vest in full on the date of the Issuer's 2024 Annual Meeting of Stockholders.
In connection with the Transaction, the Reporting Person received 322,066 shares of the Issuer as well as cash, a portion of the Sellers' Note and a contractual right to receive up to an additional 16,252 shares of the Issuer subject to certain conditions set forth in the Agreement (which right became fixed and irrevocable on the effective date of the Transaction) in exchange for (i) certain shares of Marnix Lux and (ii) the contribution of a Vendor Loan received in connection with the acquisition by the Issuer of certain other shares of Marnix Lux, representing a total of 4,839,231 shares of Marnix Lux. On the effective date of the Transaction, the closing price of Concentrix' common stock was $73.92 per share.
In connection with the Transaction, the Reporting Person received 36,041 shares of the Issuer as well as cash, a portion of the Sellers' Note and a contractual right to receive up to an additional 1,818 shares of the Issuer subject to certain conditions set forth in the Agreement (which right became fixed and irrevocable on the effective date of the Transaction) in exchange for (i) certain shares of Marnix Lux and (ii) the contribution of a Vendor Loan received in connection with the acquisition by the Issuer of certain other shares of Marnix Lux, representing a total of 1,071,490 shares of Marnix Lux. On the effective date of the Transaction, the closing price of Concentrix' common stock was $73.92 per share.
/s/ Andrew Farwig, Attorney-in-Fact
2023-09-27