FORM 4
[X] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Standard Latitude Fund LP
2. Issuer Name and Ticker or Trading Symbol

GCP Applied Technologies Inc. [ GCP ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

9 WEST 57TH STREET, 47TH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

9/27/2022
(Street)

NEW YORK, NY 10019
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.01 par value (1)9/27/2022 (1) J(1)  2386285 D$32.00 (1)0 I By Standard Latitude Master Fund Ltd. (2)(3)(4)
Common Stock, $0.01 par value (1)9/27/2022 (1) J(1)  2727519 D$32.00 (1)0 I By SI Latitude SPV-D LLC (2)(3)(4)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) On September 27, 2022 (the "Effective Time"), pursuant to the terms of the Agreement and Plan of Merger, dated as of December 5, 2021, among the Issuer, Cyclades Parent, Inc. ("Parent"), and Cyclades Merger Sub, Inc. ("Merger Sub"), a wholly owned subsidiary of Parent (the "Merger Agreement"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation and a direct wholly-owned subsidiary of Parent. At the Effective Time, pursuant to the terms of the Merger Agreement, each share of Issuer Common Stock beneficially owned by the Reporting Persons was converted into the right to receive $32.00 in cash (without interest).
(2) In addition to Standard Latitude Fund LP (f/k/a 40 North Latitude Fund LP), a Delaware limited partnership ("Standard Latitude Feeder"), this Form 4 is being filed jointly by Standard Latitude Master Fund Ltd. (f/k/a 40 North Latitude Master Fund Ltd.), a Cayman Islands exempted company incorporated with limited liability ("Standard Latitude Master"), SI Latitude SPV-D LLC (f/k/a 40 North Latitude SPV-D LLC), a Delaware limited liability company ("SI Latitude SPV"), SI GP III LLC (f/k/a 40 North GP III LLC), a Delaware limited liability company ("SI GP III"), David S. Winter, an American citizen, and David J. Millstone, an American citizen (all of the foregoing, collectively, the "Reporting Persons"), each of whom has the same business address as Standard Latitude Feeder.
(3) The securities reported on this Form 4 (the "Subject Securities") were held directly by (a) Standard Latitude Master, for which Standard Latitude Feeder serves as a feeder fund (2,386,285 shares), and (b) SI Latitude SPV, a subsidiary of Standard Latitude Master (2,727,519 shares). SI GP III is the general partner of Standard Latitude Feeder, and Messrs. Winter and Millstone are the principals of SI GP III and SI Latitude SPV.
(4) Standard Latitude Master, Standard Latitude Feeder, and SI Latitude SPV as pooled investment vehicles with direct and indirect holdings, respectively, in the Subject Securities prior to their disposition at the Effective Time; SI GP III, as the general partner of Standard Latitude Feeder; and Messrs. Winter and Millstone, as the principals of SI GP III; in each case, may have been deemed to beneficially own the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Each of the Reporting Persons disclaimed beneficial ownership of the Subject Securities except to the extent of any pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Standard Latitude Fund LP
9 WEST 57TH STREET
47TH FLOOR
NEW YORK, NY 10019

X

Standard Latitude Master Fund Ltd.
9 WEST 57TH STREET
47TH FLOOR
NEW YORK, NY 10019

X

SI Latitude SPV-D LLC
9 WEST 57TH STREET
47TH FLOOR
NEW YORK, NY 10019

X

SI GP III LLC
9 WEST 57TH STREET
47TH FLOOR
NEW YORK, NY 10019

X

WINTER DAVID S.
9 WEST 57TH STREET
47TH FLOOR
NEW YORK, NY 10019

X

MILLSTONE DAVID J.
9 WEST 57TH STREET
47TH FLOOR
NEW YORK, NY 10019

X


Signatures
Standard Latitude Fund LP, By: SI GP III LLC, By: /s/ David S. Winter, Principal, and /s/ David J. Millstone, Principal9/28/2022
**Signature of Reporting PersonDate

Standard Latitude Master Fund Ltd., By: /s/ David S. Winter, Director, and /s/ David J. Millstone, Director9/28/2022
**Signature of Reporting PersonDate

SI Latitude SPV-D LLC, By: /s/ David S. Winter, Principal, and /s/ David J. Millstone, Principal9/28/2022
**Signature of Reporting PersonDate

SI GP III LLC, By: /s/ David S. Winter, Principal, and /s/ David J. Millstone, Principal9/28/2022
**Signature of Reporting PersonDate

/s/ David S. Winter9/28/2022
**Signature of Reporting PersonDate

/s/ David J. Millstone9/28/2022
**Signature of Reporting PersonDate


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 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).
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 control number.
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