Morgan Evan B 4
4 · Pivotal Acquisition Corp · Filed Dec 23, 2019
Insider Transaction Report
Form 4
Morgan Evan B
Director
Transactions
- Award
Contingent Shares
2019-12-19+2,392→ 2,392 total(indirect: See footnote)→ Common Stock (2,392 underlying) - Award
Common Stock
2019-12-19+37,836→ 37,836 total(indirect: See footnote)
Footnotes (4)
- [F1]Pursuant to the consummation of the business combination of Pivotal Acquisition Corp. ("Pivotal") and LD Topco, Inc. (the "Company"), each share of the Company common stock was automatically converted into the right to receive a pro rata portion of Pivotal's Class A common stock (the "Common Stock").
- [F2]Includes (i) 4,984 shares held by Conifer Partners and (ii) 32,852 shares held by Radcliff Principal Holdings LLC, in each case, over which Mr. Morgan has voting and dispositive control.
- [F3]Represents shares that may be issued to the Reporting Person if the closing sale price of Common Stock equals or exceeds $13.50 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations or other similar actions) for any consecutive 20 trading days during the five year period following the consummation of the business combination.
- [F4]Includes (i) 315 shares held by Conifer Partners and (ii) 2,077 shares held by Radcliff Principal Holdings LLC, in each case, over which Mr. Morgan has voting and dispositive control.