Great Hill Investors SC 13D/AIntapp / GREAT HILL INVESTORS ownership change

On May 17, 2023, each of GHEP IV and GHI LLC, alongside certain other Common Stock holders (together with GHEP IV and GHI LLC, the “Selling Stockholders”) and the Issuer, entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc., as representative of the several underwriters listed therein (collectively, the “Underwriters”), in connection with the Issuer’s previously announced public offering of 6,250,000 shares of Common Stock (the “Offering”), pursuant to a registration statement on Form S-3 (No. 333-271970) and a prospectus supplement dated May 17, 2023.

Pursuant to the terms of the Underwriting Agreement, each of GHEP IV and GHI LLC agreed to sell to the Underwriters, and the Underwriters agreed to purchase, 1,619,742 and 5,818 shares of Common Stock, respectively, at a net price of $35.04 per share. Also under the terms of the Underwriting Agreement, each of GHI LLC and GHEP IV granted the Underwriters an option, exercisable for 30 days, to purchase up to an additional 420,365 and 1,510 shares of Common Stock, respectively.  The Underwriters exercised their option in full.  The Offering, including the Underwriters full exercise of the option, closed on May 22, 2023.

In connection with the Underwriting Agreement, each of GHEP IV and GHI LLC entered into a lock-up agreement with the Underwriters (the “Lock-Up”), pursuant to which each agreed that, for a period beginning on May 17, 2023 and ending on, and including, the date that is 60 days from that date, it would not, without the prior written consent of BofA Securities, Inc., directly or indirectly, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for shares of Common Stock, or enter into any swap or other agreement or any transaction that transfers, in whole or in part, directly or indirectly, the economic consequence of ownership of any shares of Common Stock, whether now owned or hereafter acquired, subject to certain limited, customary exceptions.  The Underwriting Agreement also contains customary representations, warranties and covenants and indemnification and contribution obligations by the Issuer, the Selling Stockholders, and the Underwriters.

The foregoing summary of the Underwriting Agreement, including the Lock-Up, does not purport to be complete and is subject to, and qualified in its entirety by reference to, the Underwriting Agreement (which includes the form of Lock-Up as Exhibit A), a copy of which is filed as an exhibit to this Amendment No. 1 and is incorporated herein by reference.

The following sets forth, as of the date of this Amendment No. 1, 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 67,220,818 shares of Common Stock outstanding immediately following the completion of the Offering, as disclosed in the Issuer’s prospectus supplement dated May 17, 2023 to the Form S-3 (No. 333-271970).

GHI LLC is the record holder of 57,957 shares of Common Stock. GHEP IV is the record holder of 16,136,294 shares of Common Stock. Pursuant to its amended and restated limited partnership agreements, GHEP IV may also be deemed to beneficially own (i) 7,092 shares of Common Stock held of record by Christopher Gaffney, and (ii) 7,092 shares of Common Stock held of record by Derek Schoettle.  Each of Christopher Gaffney, who serves as Manager of GHI LLC and GHP IV, and Derek Schoettle, who serves as Growth Partner of Great Hill Partners, L.P., serve on the Issuer’s Board.

GHP IV is the general partner of GHP GP IV, which is the general partner of GHEP IV. Voting and investment determinations with respect to the securities held of record by GHEP IV are made by the managers of GHP IV. Voting and investment determinations with respect to the securities held of record by GHI LLC are made by the managers of GHI LLC. As such, each of the foregoing entities, the managers of GHP IV and the managers of GHI LLC may be deemed to share beneficial ownership of the securities held of record by GHEP IV and GHI LLC. Each of them disclaims beneficial ownership of any such securities, and the filing of this Schedule 13D shall not be construed as an admission that any such person is the beneficial owner of such securities for purposes of Section 13(d) or Section 13(g) of the Act or for any other purposes.

Item 4 above summarizes certain provisions of the Underwriting Agreement and the Lock-Up and is incorporated herein by reference. A copy of the Underwriting Agreement, including the Lock-Up, is filed as an exhibit to this Amendment No. 1 and is incorporated herein by reference.

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.

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.