4//SEC Filing
Fortress Acquisition Sponsor LLC 4
Accession 0000899243-20-031652
CIK 0001801368other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 4:30 PM ET
Size
8.8 KB
Accession
0000899243-20-031652
Insider Transaction Report
Form 4
Fortress Acquisition Sponsor LLC
10% Owner
Transactions
- Sale
Class F Common Stock, par value $0.0001 per share
2020-07-06$0.00/sh−25,000$73→ 8,575,000 total(indirect: See footnotes)→ Class A common stock, par value $0.0001 per share (25,000 underlying)
Principal Holdings I LP
10% Owner
Transactions
- Sale
Class F Common Stock, par value $0.0001 per share
2020-07-06$0.00/sh−25,000$73→ 8,575,000 total(indirect: See footnotes)→ Class A common stock, par value $0.0001 per share (25,000 underlying)
Footnotes (5)
- [F1]Pursuant to the Issuer's certificate of incorporation, each issued and outstanding share of Class F common stock of the Issuer has no expiration date and will automatically convert into one share of Class A common stock 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 pursuant to certain anti-dilution rights.
- [F2]Sponsor sold 25,000 shares of Class F common stock for the aggregate consideration of $72.46.
- [F3]The member of Sponsor is Principal Holdings I LP, a Delaware limited partnership ("Holdings" and together with Sponsor, "the Reporting Persons").
- [F4]Because of the relationship between the Reporting Persons, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.
- [F5]Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.
Documents
Issuer
MP Materials Corp. / DE
CIK 0001801368
Entity typeother
Related Parties
1- filerCIK 0001801364
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 4:30 PM ET
- Size
- 8.8 KB