3: Initial statement of beneficial ownership of securities
Published on March 4, 2026
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIESFiled 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*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 03/04/2026 |
3. Issuer Name and Ticker or Trading Symbol
PRESIDIO PRODUCTION Co [ FTW ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
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| Class A Common Stock | 7,686,960(1)(2)(3) | I | See footnote(4) |
| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
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| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Warrants | 06/03/2026 | 03/04/2031 | Class A Common Stock | 133,332 | 11.5 | I | See footnote(4) |
| Explanation of Responses: |
| 1. Securities reported include shares of Class A common stock of the Issuer, par value $0.0001 per share ("Class A Shares"), held by the Reporting Person following the Issuer's business combination that closed on March 4, 2026 (the "Closing"). |
| 2. Also includes 1,851,161 Class A Shares (the "Earn-Out Shares") which, pursuant to that certain sponsor letter agreement entered into on August 5, 2025, by and among EQV Ventures Sponsor LLC (the "Sponsor"), Presidio Midco Inc., the Issuer, Prometheus Holdings LLC, Presidio Investment Holdings LLC and certain other individuals thereto (the "Sponsor Letter Agreement"), are subject to vesting (or forfeiture) on the basis of achieving certain trading price thresholds during the first five years following the Closing pursuant to an earnout program, with 50% of the Earn-Out Shares vesting, subject to the terms and conditions of the Sponsor Letter Agreement, at a price threshold of $12.50 per share and 50% of the Earn-Out Shares vesting, subject to the terms and conditions of the Sponsor Letter Agreement, at a price threshold of $15.00 per share. |
| 3. Also includes 3,702,323 Class A Shares ("DRIP Shares") that are subject to restrictions and forfeiture provisions during the first three years following the Closing pursuant to a dividend reinvestment program, which will fall away during the first three years following the Closing, with one-third of the DRIP Shares vesting on the date that is 12 months following the Closing, one-half of the remaining DRIP Shares vesting on the date that is 24 months following the Closing and the remaining DRIP Shares vesting on the date that is 36 months following the Closing. |
| 4. The Sponsor is the record holder of the securities reported herein. The Sponsor is governed by a board of managers, which includes the Reporting Person. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| Remarks: |
| Exhibit List: Exhibit 24 - Power of Attorney |
| /s/ Jerome Comstock Silvey, III | 03/04/2026 | |
| ** Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.