Rubio Jennifer 4
4 · TS Innovation Acquisitions Corp. · Filed Jun 7, 2021
Insider Transaction Report
Form 4
Rubio Jennifer
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2021-06-04+30,000→ 30,000 total - Exercise/Conversion
Class B common stock
2021-06-04−30,000→ 0 total→ Class A common stock
Footnotes (2)
- [F1]As described in the Issuer's registration statement on Form S-1 (File No. 333-249640), the shares of Class B common stock, par value $0.0001 per share, will automatically convert into shares of Class A common stock, par value $0.0001 per share, of the Issuer at the time of the Issuer's initial business combination (the "Business Combination"), on a one-for-one basis.
- [F2]On June 4, 2021, TS Innovation Acquisitions Corp. ("TSIA" and the former name of the Issuer) consummated the Business Combination with Latch, Inc. In connection with the Business Combination, each Class B share converted to one Class A share. The reporting person resigned as a director of the Issuer upon consummation of the Business Combination.