3//SEC Filing
Equity Distribution Sponsor LLC 3
Accession 0000899243-20-025227
CIK 0001818221other
Filed
Sep 14, 8:00 PM ET
Accepted
Sep 15, 9:47 PM ET
Size
14.9 KB
Accession
0000899243-20-025227
Insider Transaction Report
Form 3
EGI-Fund C, L.L.C.
10% Owner
Holdings
Class B common stock
→ Class A common stock (8,535,000 underlying)
Equity Distribution Sponsor LLC
10% Owner
Holdings
Class B common stock
→ Class A common stock (8,535,000 underlying)
ZELL SAMUEL
Director10% Owner
Holdings
Class B common stock
→ Class A common stock (8,535,000 underlying)
CHAI TRUST CO LLC
10% Owner
Holdings
Class B common stock
→ Class A common stock (8,535,000 underlying)
Footnotes (3)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-248463), the shares of Class B common stock, par value $0.0001 per share, will automatically convert into shares of Class A common stock, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F2]The shares of Class B common stock beneficially owned by the reporting persons include up to 1,125,000 shares that are subject to forfeiture to the extent the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement.
- [F3]Equity Distribution Sponsor LLC is the record holder of the shares reported herein. Equity Distribution Sponsor LLC is majority-owned by EGI-Fund C, L.L.C. Chai Trust Company, LLC is the managing member of EGI-Fund C, L.L.C. Accordingly, each of EGI-Fund C, L.L.C. and Chai Trust Company, LLC may be deemed to beneficially own the reported shares held directly by Equity Distribution Sponsor LLC. Equity Distribution Sponsor LLC is managed by a board of managers, which is controlled by the manager designated by EGI-Fund C, L.L.C, which is Sam Zell. Accordingly, Sam Zell, a director of the issuer, may also be deemed to beneficially own the reported shares held directly by Equity Distribution Sponsor LLC. Sam Zell disclaims beneficial ownership of such shares except to the extent, if any, of his pecuniary interest therein.
Issuer
Equity Distribution Acquisition Corp.
CIK 0001818221
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001824090
Filing Metadata
- Form type
- 3
- Filed
- Sep 14, 8:00 PM ET
- Accepted
- Sep 15, 9:47 PM ET
- Size
- 14.9 KB