4//SEC Filing
Fisher Douglas 4
Accession 0000899243-21-039936
CIK 0001870404other
Filed
Oct 11, 8:00 PM ET
Accepted
Oct 12, 7:31 PM ET
Size
11.3 KB
Accession
0000899243-21-039936
Insider Transaction Report
Form 4
Fisher Douglas
President
Transactions
- Other
Class A common stock
2021-10-08+10,000→ 10,000 total(indirect: By LLC) - Other
Warrants
2021-10-08+5,000→ 5,000 total(indirect: By LLC)Exercise: $11.50→ Class A Common Stock (5,000 underlying) - Other
Class B Common Stock
2021-10-08+100,000→ 100,000 total(indirect: By LLC)→ Class A Common Stock (100,000 underlying)
Footnotes (7)
- [F1]Allocated to the reporting person as a member of Phoenix Biotech Sponsor, LLC.
- [F2]These shares underlie 10,000 units of the issuer purchased by the reporting person.
- [F3]Held directly by the issuer's sponsor, Phoenix Biotech Sponsor, LLC, of which the reporting person is a member. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
- [F4]The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents and have no expiration date.
- [F5]These warrants underlie 10,000 units of the issuer purchased by the reporting person.
- [F6]The warrants will become exercisable at the later of 30 days after the consummation of the issuer's initial business combination or 12 months from the completion of the issuer's initial public offering.
- [F7]The warrants will expire five years after the consummation of the issuer's initial business combination or earlier upon redemption of all of the issuer's outstanding Class A common shares or the issuer's liquidation.
Documents
Issuer
PHOENIX BIOTECH ACQUISITION CORP.
CIK 0001870404
Entity typeother
Related Parties
1- filerCIK 0001572355
Filing Metadata
- Form type
- 4
- Filed
- Oct 11, 8:00 PM ET
- Accepted
- Oct 12, 7:31 PM ET
- Size
- 11.3 KB