4//SEC Filing
Bruno Frank W 4
Accession 0000899243-21-038308
CIK 0001824577other
Filed
Sep 29, 8:00 PM ET
Accepted
Sep 30, 10:58 AM ET
Size
7.1 KB
Accession
0000899243-21-038308
Insider Transaction Report
Form 4
Bruno Frank W
Director10% Owner
Transactions
- Disposition to Issuer
Class B ordinary shares
2021-09-30−600,000→ 5,879,225 total(indirect: See Footnote)→ Class A ordinary shares (600,000 underlying)
Footnotes (3)
- [F1]This Form 4 reflects the automatic surrender to the issuer of 600,000 of the issuer's Class B ordinary shares, par value $0.0001 per share, for no consideration by Cerberus Telecom Acquisition Holdings, LLC's ("Sponsor") in connection with that certain Second Amendment to the Merger Agreement dated as of September 21, 2021.
- [F2]As described in the issuer's registration statement on Form S-1 (File No. 333- 249291) under the heading "Description of Securities -- Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer 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 for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F3]The securities reported herein are held by the Sponsor. The reporting person and Stephen A. Feinberg control the Sponsor, and as such have voting and investment discretion with respect to the securities held by the Sponsor and may be deemed to have beneficial ownership of the securities held directly by the Sponsor. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
Cerberus Telecom Acquisition Corp.
CIK 0001824577
Entity typeother
Related Parties
1- filerCIK 0001728693
Filing Metadata
- Form type
- 4
- Filed
- Sep 29, 8:00 PM ET
- Accepted
- Sep 30, 10:58 AM ET
- Size
- 7.1 KB