Sarofim Christopher Binyon 4
4 · Flame Acquisition Corp. · Filed Mar 3, 2021
Insider Transaction Report
Form 4
Sarofim Christopher Binyon
Director10% Owner
Transactions
- Purchase
Class A Common Stock
2021-03-01$10.00/sh+500,000$5,000,000→ 500,000 total
Footnotes (1)
- [F1]Represents securities underlying units of the Issuer. Each unit consists of one share of the Issuer's Class A Common Stock and one-half of one warrant. Each whole warrant entitles the Reporting Person to purchase one share of the Issuer's Class A Common Stock at a price of $11.50 per share, subject to adjustment. The warrants will become exercisable, if at all, on the later of 30 days after the completion of the Issuer's initial business combination or 12 months from the closing of the Issuer's initial public offering. The warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.