4//SEC Filing
Kubis Raymond R 4
Accession 0000899243-21-042726
CIK 0001829730other
Filed
Nov 2, 8:00 PM ET
Accepted
Nov 3, 4:29 PM ET
Size
10.9 KB
Accession
0000899243-21-042726
Insider Transaction Report
Form 4
Kubis Raymond R
Director
Transactions
- Other
Warrants
2021-11-03−5,000→ 0 totalExercise: $11.50→ Class A Ordinary Shares (5,000 underlying) - Other
Class A Ordinary Shares
2021-11-03−25,000→ 0 total - Other
Class B Ordinary Shares
2021-11-03−40,000→ 0 total→ Class A Ordinary Shares (40,000 underlying)
Footnotes (7)
- [F1]Includes securities underlying 25,000 units of the Issuer purchased for $10.00 per unit. Each unit consists of one of the Issuer's Class A Ordinary Shares and one-fifth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one of the Issuer's Class A Ordinary Shares at an exercise price of $11.50 per share.
- [F2]In connection with the Issuer's business combination with Bird Rides, Inc. (the "Business Combination"), each Class A Ordinary Share of the Issuer was exchanged on a one-for-one basis for shares of Class A common stock of Bird Global, Inc., the combined company ("Bird Global").
- [F3]The price represents the closing price of the Issuer's units on November 3, 2021.
- [F4]The Class B Ordinary Shares were convertible into Class A Ordinary Shares of the Issuer on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and had no expiration date.
- [F5]In connection with the Business Combination, each Class B Ordinary Share of the Issuer was exchanged on a one-for-one basis for shares of Class B common stock of Bird Global.
- [F6]In connection with the Business Combination, each warrant of the Issuer was exchanged on a one-for-one basis for warrants of Bird Global.
- [F7]The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination and 12 months from the closing of the Issuer's initial public offering. The warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described in the prospectus for the Issuer's initial public offering.
Documents
Issuer
Switchback II Corp
CIK 0001829730
Entity typeother
Related Parties
1- filerCIK 0001298264
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 8:00 PM ET
- Accepted
- Nov 3, 4:29 PM ET
- Size
- 10.9 KB