Life Time Group Holdings Inc
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 28, 2024
LTH$47.42+1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 15. Exhibits and Financial Statement Schedules
The following documents are filed as part of this Annual Report on Form 10-K:
- Consolidated Financial Statements (included in Item 8 of this Annual Report on Form 10-K):
Report of Independent Registered Public Accounting Firm
Consolidated Balance Sheets as of December 31, 2023 and 2022
Consolidated Statements of Operations for the years ended December 31, 2023, 2022 and 2021
Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2023, 2022 and 2021
Consolidated Statements of Stockholders’ Equity for the years ended December 31, 2023, 2022 and 2021
Consolidated Statements of Cash Flows for the years ended December 31, 2023, 2022 and 2021
Notes to Consolidated Financial Statements
- Exhibits
All exhibits as set forth on the Exhibit Index.
Exhibit Index
| ExhibitNumber | Description of Exhibit | Form | File No. | Exhibit | Filing Date |
|---|---|---|---|---|---|
| 3.1 | Amended and Restated Certificate of Incorporation. | 8-K | 001-40887 | 3.1 | 10/12/2021 |
| 3.2 | Third Amended and Restated Bylaws. | 8-K | 001-40887 | 3.2 | 10/12/2021 |
| 4.1 | Indenture, dated as of January 22, 2021, by and between Life Time, Inc., as issuer, the guarantors party thereto and Wilmington Savings Fund Society, FSB, as trustee and notes collateral agent. | S-1 | 333-259495 | 4.1 | 9/13/2021 |
| 4.2 | Indenture, dated as of February 5, 2021, by and between Life Time, Inc., as issuer, the guarantors party thereto and Wilmington Savings Fund Society, FSB, as trustee. | S-1 | 333-259495 | 4.2 | 9/13/2021 |
| 4.3 | Description of Capital Stock. | 10-K | 001-40887 | 4.3 | 3/10/2022 |
| ExhibitNumber | Description of Exhibit | Form | File No. | Exhibit | Filing Date |
|---|---|---|---|---|---|
| 10.1 | Eleventh Amendment to the Credit Agreement, dated as of December 6, 2023, by and among LTF Intermediate Holdings, Inc., Life Time, Inc., the subsidiary guarantors party thereto, the lenders party thereto, and Deutsche Bank AG New York Branch, as administrative agent. | 8-K | 001-40887 | 10.1 | 12/6/2023 |
| 10.2 # | The Executive Nonqualified Excess Plan. | S-1 | 333-259495 | 10.10 | 9/13/2021 |
| 10.3 # | LTF Holdings, Inc. 2015 Equity Incentive Plan, as amended. | S-1 | 333-259495 | 10.11 | 9/13/2021 |
| 10.4 # | Forms of Non-Qualified Stock Option Agreements of LTF Holdings, Inc. under the LTF Holdings, Inc. 2015 Equity Incentive Plan. | S-1 | 333-259495 | 10.12 | 9/13/2021 |
| 10.5 # | Form of Restricted Stock Unit Award Agreement under LTF Holdings, Inc. 2015 Equity Incentive Plan. | S-1 | 333-259495 | 10.13 | 9/13/2021 |
| 10.6 # | LTF Holdings, Inc. Non-Qualified Stock Option Agreement, dated October 6, 2015, by and between Bahram Akradi and LTF Holdings, Inc. | S-1 | 333-259495 | 10.14 | 9/13/2021 |
| 10.7 †# | LTF Holdings, Inc. Preferred Restricted Stock Agreement, dated May 3, 2021, by and between Bahram Akradi and LTF Holdings, Inc. | S-1 | 333-259495 | 10.17 | 9/13/2021 |
| 10.8 # | Life Time Group Holdings, Inc. 2021 Employee Stock Purchase Plan. | S-1 | 333-259495 | 10.18 | 9/29/2021 |
| 10.9 # | Life Time Group Holdings, Inc. 2021 Incentive Award Plan. | S-1 | 333-259495 | 10.19 | 9/29/2021 |
| 10.10 # | Form of Stock Option Agreement under the Life Time Group Holdings, Inc. 2021 Incentive Award Plan. | S-1 | 333-259495 | 10.20 | 9/29/2021 |
| 10.11 # | Form of Restricted Stock Unit Award Agreement under the Life Time Group Holdings, Inc. 2021 Incentive Award Plan. | S-1 | 333-259495 | 10.21 | 9/29/2021 |
| 10.12 # | Form of Restricted Stock Unit Award Agreement under the Life Time Group Holdings, Inc. 2021 Incentive Award Plan. | 10-Q | 001-40887 | 10.1 | 5/1/2023 |
| 10.13 # | Form of Performance Stock Unit Award Agreement under the Life Time Group Holdings, Inc. 2021 Incentive Award. | Filed herewith | |||
| 10.14 # | Life Time Group Holdings, Inc. Non-Employee Director Compensation Policy. | S-1 | 333-259495 | 10.22 | 9/13/2021 |
| 10.15 # | Offer Letter, dated as of August 18, 2021, by and between Bahram Akradi and Life Time, Inc. | S-1 | 333-259495 | 10.27 | 9/13/2021 |
| 10.16 †# | Employee Non-Competition Agreement, dated as of August 18, 2021, by and between Bahram Akradi and Life Time, Inc. | S-1 | 333-259495 | 10.32 | 9/13/2021 |
| 10.17 # | Employment Agreement by and between Thomas E. Bergmann and Life Time Group Holdings, Inc., effective as October 12, 2021. | S-1 | 333-259495 | 10.28 | 9/13/2021 |
| 10.18 # | Agreement and General Release by and between Thomas E. Bergmann and Life Time Group Holdings, Inc., effective as of December 30, 2022. | 10-K | 001-40887 | 10.16 | 3/8/2023 |
| 10.19 # | Consulting Agreement by and between Thomas E. Bergmann and Life Time, Inc., effective as of December 30, 2022. | 10-K | 001-40887 | 10.17 | 3/8/2023 |
| 10.20 # | Employment Agreement by and between Eric J. Buss and Life Time Group Holdings, Inc., effective as of October 12, 2021. | S-1 | 333-259495 | 10.29 | 9/13/2021 |
| 10.21 # | Employment Agreement by and between Jeffrey G. Zwiefel and Life Time Group Holdings, Inc., effective as of October 12, 2021. | S-1 | 333-259495 | 10.30 | 9/13/2021 |
| 10.22 # | Agreement and General Release by and between Jeffrey G. Zwiefel and Life Time Group Holdings, Inc., effective as of December 31, 2023. | Filed herewith | |||
| ExhibitNumber | Description of Exhibit | Form | File No. | Exhibit | Filing Date |
|---|---|---|---|---|---|
| 10.23 # · Consulting Agreement by and between Jeffrey G. Zwiefel and Life Time, Inc., effective as of December 31, 2023. · Filed herewith | |||||
| 10.24 # | Employment Agreement by and between RJ Singh and Life Time Group Holdings, Inc., effective as of October 12, 2021. | S-1 | 333-259495 | 10.31 | 9/13/2021 |
| 10.25 # | Employment Agreement by and between Parham Javaheri and Life Time Group Holdings, Inc., effective as of October 12, 2021. | 10-Q | 001-40887 | 10.1 | 5/11/2022 |
| 10.26 # | Employment Agreement by and between Robert Houghton and Life Time Group Holdings, Inc., effective as of August 28, 2022. | 8-K | 001-40887 | 10.1 | 8/29/2022 |
| 10.27 # | Separation Agreement and General Release by and between Robert Houghton and Life Time, Inc., effective as of January 5, 2024. | 8-K | 001-40887 | 10.1 | 12/26/2023 |
| 10.28 | Form of Director and Officer Indemnification and Advancement Agreement. | S-1 | 333-259495 | 10.33 | 9/13/2021 |
| 10.29 | Third Amended and Restated Stockholders Agreement, dated October 6, 2021, among the Company and certain of its stockholders. | 8-K | 001-40887 | 10.1 | 10/12/2021 |
| 21.1 | Subsidiaries of the Registrant. | Filed herewith | |||
| 23.1 | Consent of Deloitte & Touche LLP. | Filed herewith | |||
| 31.1 | Certificate of the Chief Executive Officer pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | Filed herewith | |||
| 31.2 | Certification of the Chief Financial Officer pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | Filed herewith | |||
| 32.1 | Certification of the Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act 2002. | Furnished herewith | |||
| 32.2 | Certification of the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act 2002. | Furnished herewith | |||
| 97.1 | Life Time Group Holdings, Inc. Executive Incentive Compensation Recovery Policy. | Filed herewith | |||
| 101. INS | Inline XBRL Instance Document –– the Instance Document does not appear in the interactive data file because its XBRL tags are Embedded within the Inline XBRL Document. | Filed herewith | |||
| 101.SCH | Inline XBRL Schema Document. | Filed herewith | |||
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document. | Filed herewith | |||
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document. | Filed herewith | |||
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document. | Filed herewith | |||
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document. | Filed herewith | |||
| 104 | Cover Page Interactive Data File –– the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. | Filed herewith | |||
† Certain of the exhibits and schedules to this Exhibit have been omitted in accordance with Regulation S-K Item 601(a)(5). The Registrant agrees to furnish a copy of all omitted exhibits and schedules to the SEC upon its request.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.