3//SEC Filing
Locust Walk Partners LLC 3
Accession 0000899243-21-000976
CIK 0001828522other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 8:33 PM ET
Size
8.2 KB
Accession
0000899243-21-000976
Insider Transaction Report
Form 3
Locust Walk Partners LLC
10% Owner
Holdings
- (indirect: By LLC)
Class B common stock
→ Class A common stock (4,535,000 underlying) - (indirect: By LLC)
Warrants
Exercise: $11.50→ Class A common stock (181,667 underlying) - 545,000(indirect: By LLC)
Class A common stock
Footnotes (7)
- [F1]These shares are held directly by Locust Walk Sponsor, LLC and underlie 545,000 units of the issuer that this entity irrevocably committed to purchase.
- [F2]These shares are held directly by the issuer's sponsor, Locust Walk Sponsor, LLC, which is managed by the reporting person. The reporting person disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
- [F3]The Class B shares will automatically convert into Class A shares at the time of the issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents and have no expiration date.
- [F4]The shares of Class B common stock include up to 573,750 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option.
- [F5]The warrants will become exercisable at the later of 30 days after the consummation of the issuer's initial business combination or 12 months from the completion of the issuer's initial public offering.
- [F6]The warrants will expire five years after the consummation of the issuer's initial business combination or earlier upon redemption of all of the issuer's outstanding Class A common shares or the issuer's liquidation.
- [F7]These warrants are held directly by Locust Walk Sponsor, LLC and underlie 545,000 units of the issuer that this entity irrevocably committed to purchase.
Documents
Issuer
Locust Walk Acquisition Corp.
CIK 0001828522
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001839203
Filing Metadata
- Form type
- 3
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 8:33 PM ET
- Size
- 8.2 KB