FinTech Investor Holdings IV, LLC 4
4 · Perella Weinberg Partners · Filed Jun 28, 2021
Insider Transaction Report
Form 4
FinTech Investor Holdings IV, LLC
10% Owner
Transactions
- Award
Warrants
2021-06-24+203,333→ 203,333 totalExercise: $11.50From: 2021-07-24Exp: 2026-06-24→ Class A Common Stock (203,333 underlying) - Purchase
Class B Common Stock
2021-06-24$0.01/sh+130,496$1,305→ 2,670,496 total→ Class A Common Stock (130,496 underlying) - Disposition to Issuer
Class B Common Stock
2021-06-24−330,275→ 2,340,221 total→ Class A Common Stock (330,275 underlying) - Exercise/Conversion
Class B Common Stock
2021-06-24−2,340,221→ 0 total→ Class A Common Stock (2,340,221 underlying) - Exercise/Conversion
Class A Common Stock
2021-06-24+2,340,221→ 2,950,221 total
Footnotes (5)
- [F1]On June 24, 2021 (the "Closing Date"), Perella Weinberg Partners (f/k/a FinTech Acquisition Corp. IV) (the "Issuer") completed the business combination (the "Business Combination") contemplated by that certain Business Combination Agreement, dated as of December 29, 2020, by and among the Issuer, FinTech Investor Holdings IV, LLC ("Holdings"), FinTech Masala Advisors, LLC ("Masala"), PWP Holdings LP ("PWP OpCo"), PWP GP LLC, PWP Professional Partners LP, and Perella Weinberg Partners LLC.
- [F2](Continued from Footnote 1) In connection with the Business Combination, on the Closing Date, upon consummation of the Business Combination, each of the Issuer's outstanding shares of Class B Common Stock automatically converted into one share of Class A Common Stock. However, pursuant to that certain Sponsor Share Surrender And Share Restriction Agreement, dated as of December 29, 2020, by and among the Issuer, Holdings, Masala, and PWP OpCo, as amended, concurrent with the consummation of the Business Combination, these shares of Class B Common Stock were forfeited to the Issuer immediately prior to the Business Combination.
- [F3]In connection with the Business Combination, on the Closing Date, each of the Issuer's outstanding shares of Class B Common Stock automatically converted into one share of Class A Common Stock.
- [F4]Represents shares transferred from Masala to the reporting person pursuant to certain side letters by and among certain members of the reporting person and Masala.
- [F5]Upon consummation of the Business Combination, the warrants to purchase shares of Class A Common Stock of the Issuer became exercisable 30 days thereafter.