06/23/2026 | Press release | Distributed by Public on 06/23/2026 14:30
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction 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 (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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KL Pattern Holdings LP C/O KNOX LANE LP 655 MONTGOMERY STREET, SUITE 1905 SAN FRANCISCO, CA 94111 |
X | |||
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KLC Fund I GP LP C/O KNOX LANE LP 655 MONTGOMERY STREET, SUITE 1905 SAN FRANCISCO, CA 94111 |
X | |||
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KLC Fund I UGP LLC C/O KNOX LANE LP 655 MONTGOMERY STREET, SUITE 1905 SAN FRANCISCO, CA 94111 |
X | |||
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Bailey John P. C/O KNOX LANE LP 655 MONTGOMERY STREET, SUITE 1905 SAN FRANCISCO, CA 94111 |
X | X | ||
| KL Pattern Holdings LP, By: KLC Fund I GP LP, its General Partner, By: KLC Fund I UGP LLC, its General Partner, By: /s/ John P. Bailey, Name: John P. Bailey, Title: Managing Member | 06/23/2026 | |
| **Signature of Reporting Person | Date | |
| KLC Fund I GP LP, By: KLC Fund I UGP LLC, its General Partner, By: /s/ John P. Bailey, Name: John P. Bailey, Title: Managing Member | 06/23/2026 | |
| **Signature of Reporting Person | Date | |
| KLC Fund I UGP LLC, By: /s/ John P. Bailey, Name: John P. Bailey, Title: Managing Member | 06/23/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ John P. Bailey | 06/23/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | The reported price represents the public offering price, less underwriting discounts and commissions, received by KL Pattern Holdings LP (the "KL Shareholder") in connection with a registered offering. |
| (2) | 17,375,341 of the reported securities are held directly by the KL Shareholder, 302,256 of the reported securities are held directly by KLC Fund I LP ("KLC Fund I") and, after giving effect to a distribution by the KL Shareholder in connection with the reported sale, 1,298,945 of the reported securities are held directly by KL Pattern Co-Invest Partners LP ("KL Pattern Co-Invest"). The management of the KL Shareholder and the management of KLC Fund I are controlled by KLC Fund I GP LP ("KLC Fund GP"). The management of KL Pattern Co-Invest is controlled by KL CIP GP LP ("KL CIP GP"). KLC Fund I UGP LLC ("KLC Fund UGP") is the general partner of KLC Fund GP and KL CIP GP. The management of KLC Fund UGP is controlled by its managing member, John Bailey. As such, Mr. Bailey may be deemed to have voting and dispositive power with respect to the shares held by the KL Shareholder, |
| (3) | (Continued from footnote 2) KLC Fund I and KL Pattern Co-Invest but disclaims beneficial ownership except to the extent of his pecuniary interest therein. |