WHITEHEAD ROBERT S 4
4 · Isleworth Healthcare Acquisition Corp. · Filed Mar 3, 2021
Insider Transaction Report
Form 4
WHITEHEAD ROBERT S
DirectorChief Executive Officer
Transactions
- Purchase
Private Warrants to purchase common stock
2021-03-01$1.00/sh+4,480,000$4,480,000→ 4,480,000 total(indirect: By LLC)Exercise: $11.50→ Common stock (4,480,000 underlying) - Purchase
Private Warrants to purchase common stock
2021-03-02$1.00/sh+432,000$432,000→ 4,912,000 total(indirect: By LLC)Exercise: $11.50→ Common stock (432,000 underlying)
Footnotes (4)
- [F1]Isleworth Healthcare Sponsor I, LLC ("Sponsor") purchased 4,480,000 warrants and 432,000 warrants on March 1, 2021 and March 2, 2021, respectively, as described in the issuer's registration statement on Form S-1 (File No. 333-252308), in a private placement of warrants at a price of $1.00 per private placement warrant. Each whole private placement warrant is exercisable to purchase one share of common stock at a price of $11.50 per share.
- [F2]The warrants become exercisable on the later of (i) 30 days after the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering.
- [F3]The warrants expire five years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the Form S-1 (File No. 333-252308).
- [F4]The warrants are held by Sponsor. Robert Whitehead is the sole manager of the Sponsor. Mr. Whitehead disclaims beneficial ownership of the securities held by the Sponsor except to the extent of his pecuniary interest therein.