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4//SEC Filing

Schwartz Brian D 4

Accession 0000899243-20-033023

CIK 0001823776other

Filed

Dec 7, 7:00 PM ET

Accepted

Dec 8, 5:41 PM ET

Size

7.0 KB

Accession

0000899243-20-033023

Insider Transaction Report

Form 4
Period: 2020-12-04
Schwartz Brian D
DirectorCEO and Director10% Owner
Transactions
  • Other

    Class B ordinary shares

    2020-12-04245,1258,958,625 total
    Class A ordinary shares (245,125 underlying)
Footnotes (3)
  • [F1]This Form 4 reflects the automatic surrender to the issuer of 245,125 shares of the issuer's Class B ordinary shares, par value $0.0001 per share, for no consideration by the reporting person pursuant to contractual arrangements with the issuer, triggered by the expiration of the option of the underwriter of the issuer's initial public offering to purchase additional units.
  • [F2]As described in the issuer's registration statement on Form S-1 (File No. 333- 249097) 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 H.I.G. Acquisition Advisors, LLC (the "Sponsor"). The reporting person controls the Sponsor, and as such has 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.

Issuer

H.I.G. Acquisition Corp.

CIK 0001823776

Entity typeother

Related Parties

1
  • filerCIK 0001514102

Filing Metadata

Form type
4
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 5:41 PM ET
Size
7.0 KB