Pace Holdings Corp. 4
4 · Pace Holdings Corp. · Filed Mar 14, 2017
Insider Transaction Report
Form 4
YOUNGBLOOD DR KNEELAND
Director
Transactions
- Disposition to Issuer
Class F Ordinary Shares
2017-03-10−40,000→ 0 total(indirect: See Explanation of Responses)→ Class A Ordinary Shares (40,000 underlying)
Footnotes (2)
- [F1]In connection with the merger of Pace Holdings Corp. (the "Issuer") with and into New PACE Holdings Corp. and a series of related transactions (collectively, the "Business Combination"), Dr. Kneeland Youngblood disposed of his Class F ordinary shares, par value $0.0001 (the "Class F Shares"), of the Issuer ultimately receiving ordinary shares, par value (euro) 0.10 per share, of Playa Hotels & Resorts N.V. Pursuant to the Amended and Restated Memorandum and Articles of Association of the Issuer, the Class F Shares were to automatically convert into Class A ordinary shares, par value $0.0001, of the Issuer at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment.
- [F2]Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Dr. Youngblood is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities of the Issuer.