Sternberg Ophir 4
4 · MSP Recovery, Inc. · Filed Jun 1, 2022
Insider Transaction Report
Form 4
Sternberg Ophir
DirectorCEO and President10% Owner
Transactions
- Award
Warrants
2022-05-27+118,000,000→ 118,000,000 total(indirect: By Trust)Exercise: $11.50From: 2022-06-22Exp: 2027-05-23→ Class A Common Stock (118,000,000 underlying) - Award
Warrants
2022-05-27+273,029,934→ 273,029,934 total(indirect: By LLC)Exercise: $11.50From: 2022-06-22Exp: 2027-05-23→ Class A Common Stock (273,029,934 underlying) - Award
Warrants
2022-05-27+87,320,000→ 87,320,000 total(indirect: By LLC)Exercise: $11.50From: 2022-06-22Exp: 2027-05-23→ Class A Common Stock (87,320,000 underlying) - Award
Warrants
2022-05-27+118,000,000→ 118,000,000 total(indirect: By LLC)Exercise: $11.50From: 2022-06-22Exp: 2027-05-23→ Class A Common Stock (118,000,000 underlying)
Footnotes (4)
- [F1]These warrants to purchase shares of Class A Common Stock were received in connection with the closing of the business combination of the issuer and are owned directly by Lionheart Equities, LLC, an entity which Mr. Sternberg owns and controls.
- [F2]These warrants to purchase shares of Class A Common Stock were received in connection with the closing of the business combination of the issuer and are owned directly by Lionheart Investments, LLC, an entity which Mr. Sternberg owns and controls.
- [F3]These warrants to purchase shares of Class A Common Stock were received in connection with the closing of the business combination of the issuer and are owned directly by Star Mountain Equities, LLC, an entity which Mr. Sternberg owns and controls.
- [F4]These warrants to purchase shares of Class A Common Stock were received in connection with the closing of the business combination of the issuer and are owned directly by 2022 OS Irrevocable Trust, over which Mr. Sternberg's spouse has sole investment and dispository power over the Trust as its trustee.