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4//SEC Filing

Sedgley Anna 4

Accession 0000899243-22-027478

CIK 0001823466other

Filed

Aug 1, 8:00 PM ET

Accepted

Aug 2, 8:16 PM ET

Size

6.7 KB

Accession

0000899243-22-027478

Insider Transaction Report

Form 4
Period: 2022-07-29
Sedgley Anna
Director
Transactions
  • Award

    Class A Common Stock

    2022-07-29+29,67529,675 total
Footnotes (4)
  • [F1]These securities were issued on the closing date of the merger (the "Business Combination") contemplated by the Agreement and Plan or Merger, dated as of November 7, 2021, as amended by the First Amendment to Agreement and Plan of Merger, dated as of May 9, 2022 (the "Merger Agreement"), by and among FiscalNote Holdings, Inc. (f/k/a Duddell Street Acquisition Corp.) ("DSAC"), Grassroots Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of DSAC, and FiscalNote Intermediate Holdco, Inc. (f/k/a FiscalNote Holdings, Inc.), a Delaware corporation ("Legacy FiscalNote"), in exchange for Legacy FiscalNote securities.
  • [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock. The RSUs were granted with both (a) an event-based vesting condition and (b) a service-based vesting condition, both of which must be satisfied in order for the RSUs to vest and become exercisable prior to the expiration date. The event-based vesting condition was satisfied on August 1, 2022, the first trading date of the Issuer's securities on the New York Stock Exchange. The service-based condition will be satisfied as to 50% of the total number of RSUs on the first anniversary of the vesting commencement date, and as to an additional one-twenty-fourth (1/24) of the total number of RSUs on the corresponding day of each month thereafter following the first anniversary of the vesting commencement date (and, if there is no corresponding day, the last day of such month) until the second anniversary of the vesting commencement date.
  • [F3](Continued from Footnote 2) The vesting commencement date is February 7, 2021.
  • [F4]Received in the Business Combination in exchange for 25,000 RSUs of Legacy FiscalNote.

Issuer

FiscalNote Holdings, Inc.

CIK 0001823466

Entity typeother

Related Parties

1
  • filerCIK 0001937693

Filing Metadata

Form type
4
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 8:16 PM ET
Size
6.7 KB