4//SEC Filing
Modern Media Acquisition Corp. 4
Accession 0000899243-17-013944
CIK 0001695098operating
Filed
May 18, 8:00 PM ET
Accepted
May 19, 5:47 PM ET
Size
8.3 KB
Accession
0000899243-17-013944
Insider Transaction Report
Form 4
DICKEY LEWIS W JR
DirectorSee Remarks10% Owner
Transactions
- Purchase
Private Placement Warrants
2017-05-17$1.00/sh+7,320,000$7,320,000→ 7,320,000 total(indirect: See footnote)Exercise: $11.50→ Common Stock (7,320,000 underlying)
Modern Media, LLC/GA
10% Owner
Transactions
- Purchase
Private Placement Warrants
2017-05-17$1.00/sh+7,320,000$7,320,000→ 7,320,000 total(indirect: See footnote)Exercise: $11.50→ Common Stock (7,320,000 underlying)
Footnotes (3)
- [F1]The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination and May 17, 2018.
- [F2]The warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon liquidation of the Issuer if the Issuer fails to complete the Issuer's initial business combination within 18 months from May 17, 2017 (or 21 months from May 17, 2017 if the Issuer has executed a letter of intent, agreement in principle or definitive agreement for the Issuer's initial business combination within 18 months from May 17, 2017 but has not completed such initial business combination within such 18 month period).
- [F3]The Private Placement Warrants are held directly by Modern Media Sponsor, LLC (the "Sponsor"). The Sponsor is 50% owned by Modern Media, LLC and, as such, Modern Media, LLC may be deemed to beneficially own the Private Placement Warrants held by the Sponsor. Mr. Dickey owns 100% of Modern Media, LLC and, as such, he may be deemed to beneficially own the Private Placement Warrants beneficially owned by Modern Media, LLC or owned by the Sponsor. Mr. Dickey disclaims such beneficial ownership except to the extent of his pecuniary interest therein.
Documents
Issuer
Modern Media Acquisition Corp.
CIK 0001695098
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001695098
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 5:47 PM ET
- Size
- 8.3 KB