4//SEC Filing
Singer Michael Evan 4
Accession 0000899243-21-035459
CIK 0001862463other
Filed
Sep 8, 8:00 PM ET
Accepted
Sep 9, 5:02 PM ET
Size
6.5 KB
Accession
0000899243-21-035459
Insider Transaction Report
Form 4
Singer Michael Evan
DirectorExecutive Chairman10% Owner
Transactions
- Sale
Class B common stock, $0.0001 par value per share
2021-09-07$0.00/sh−1,350,000$5,400→ 5,550,000 total(indirect: See footnote)→ Class A common stock, $0.0001 par value per share (1,350,000 underlying)
Footnotes (2)
- [F1]The shares of Class B common stock are convertible for shares of the Issuer's Class A common stock as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1(File No. 333-258727) (the "Registration Statement") and have no expiration date. The shares of Class B common stock beneficially owned by the Reporting Persons include up to 900,000 shares of Class B common stock subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised in connection with the Issuer's initial public offering of units, as described in the Registration Statement.
- [F2]The shares are held directly by the issuer's sponsor, Insight Acquisition Sponsor LLC (the "Sponsor"). The managing members of the Sponsor are Jeff Gary and Michael Singer. Each of Mssrs. Gary and Singer have joint voting and dispositive power over the shares held by the sponsor and disclaim beneficial ownership over any securities owned by the sponsor in which they do not have any pecuniary interest.
Documents
Issuer
Insight Acquisition Corp. /DE
CIK 0001862463
Entity typeother
Related Parties
1- filerCIK 0001715089
Filing Metadata
- Form type
- 4
- Filed
- Sep 8, 8:00 PM ET
- Accepted
- Sep 9, 5:02 PM ET
- Size
- 6.5 KB