4//SEC Filing
Bruno Frank W 4
Accession 0000899243-20-032886
CIK 0001824577other
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 6:00 PM ET
Size
7.3 KB
Accession
0000899243-20-032886
Insider Transaction Report
Form 4
Bruno Frank W
Director10% Owner
Transactions
- Disposition to Issuer
Class B ordinary shares
2020-12-07−708,275→ 6,479,225 total(indirect: By LLC)→ Class A ordinary shares (708,275 underlying)
Footnotes (3)
- [F1]This Form 4 reflects the automatic surrender to the issuer of 708,275 of the issuer's Class B ordinary shares, par value $0.0001 per share, for no consideration by the reporting person as a result of Cerberus Telecom Acquisition Holdings, LLC's ("Sponsor") participation in the issuer's initial public offering and in connection with the expiration of the underwriters' over-allotment option, as more fully described in the issuer's registration statement on Form S-1 (File No. 333- 249291).
- [F2]As described in the issuer's registration statement on Form S-1 (File No. 333- 249291) under the heading "Description of Securities -- Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares, 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 share subdivisions, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F3]The securities reported herein are held by the Sponsor. The reporting person and Stephen A. Feinberg control the Sponsor, and as such have voting and investment discretion with respect to the securities held by the Sponsor and may be deemed to have beneficial ownership of the securities held directly by the Sponsor. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
Cerberus Telecom Acquisition Corp.
CIK 0001824577
Entity typeother
Related Parties
1- filerCIK 0001728693
Filing Metadata
- Form type
- 4
- Filed
- Dec 6, 7:00 PM ET
- Accepted
- Dec 7, 6:00 PM ET
- Size
- 7.3 KB