4//SEC Filing
Napier A Lanham 4
Accession 0000899243-21-017782
CIK 0001838666other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 5:14 PM ET
Size
6.8 KB
Accession
0000899243-21-017782
Insider Transaction Report
Form 4
Build Acquisition Corp.BGSX.U
Napier A Lanham
DirectorCo-Chief Executive Officer10% Owner
Transactions
- Other
Class B Common Stock
2021-04-30−750,000→ 5,000,000 total(indirect: See Footnote)→ Class A Common Stock (750,000 underlying)
Footnotes (3)
- [F1]As described in the Issuer's registration statement on Form S-1 (File No. 333-253664) (the "Registration Statement") under the heading "Description of Securities--Founder Shares," the Class B Common Stock, par value $0.0001 per share, will automatically convert into Class A Common Stock, par value $0.0001 per share, 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 pursuant to certain anti-dilution rights described therein and have no expiration date.
- [F2]Represents the forfeiture of 750,000 previously reported Class B Common Stock that were subject to forfeiture in the event the underwriters of the initial public offering of the issuer's securities did not exercise in full their over-allotment option as described in the issuer's Registration Statement.
- [F3]Shares held directly by Build Acquisition Sponsor LLC (the "Sponsor"). Lanham Napier is a managing member of the Sponsor. As such, Mr. Napier may be deemed to have beneficial ownership of the shares of Class B Common Stock held directly by the Sponsor. Mr. Napier disclaims beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
Documents
Issuer
Build Acquisition Corp.
CIK 0001838666
Entity typeother
Related Parties
1- filerCIK 0001441652
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 5:14 PM ET
- Size
- 6.8 KB