Locust Walk Partners LLC 4
4 · Locust Walk Acquisition Corp. · Filed Jan 14, 2021
Insider Transaction Report
Form 4
Locust Walk Partners LLC
10% Owner
Transactions
- Other
Class B Common Stock
2021-01-12−23,750→ 4,511,250 total(indirect: By LLC)→ Class A Common Stock (23,750 underlying)
Footnotes (3)
- [F1]The shares of Class B common stock will automatically convert into shares of Class A common stock 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.
- [F2]Forfeiture and cancellation of shares of Class B common stock for no consideration because the underwriters' over-allotment option was not exercised in full.
- [F3]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.