AUERBACH JONATHAN A G 4
4 · Glass Houses Acquisition Corp. · Filed Mar 25, 2021
Insider Transaction Report
Form 4
AUERBACH JONATHAN A G
Director
Transactions
- Purchase
Class A common stock
2021-03-23$10.00/sh+2,000,000$20,000,000→ 2,000,000 total(indirect: See Footnote) - Award
Warrants
2021-03-23$10.00/sh+1,000,000$10,000,000→ 1,000,000 total(indirect: See Footnote)Exercise: $11.50→ Class A common stock (1,000,000 underlying)
Footnotes (4)
- [F1]The Clients (as defined below) acquired Units for $10.00 per Unit. Each Unit consists of one share of Class A common stock and one-half of one warrant. The Class A common stock reported herein represents the Class A common stock underlying such Units.
- [F2]The reported securities are directly owned by clients (the "Clients") of Hound Partners, LLC and may be deemed to be beneficially owned by Jonathan Auerbach, who indirectly owns and controls Hound Partners, LLC. The Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F3]The Clients acquired Units for $10.00 per Unit. Each Unit consists of one share of Class A common stock and one-half of one warrant. The warrants reported herein represent the warrants underlying such Units.
- [F4]Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share, subject to certain adjustments. The warrants will become exercisable 30 days after the completion of the issuer's initial business combination, and will expire five years after the completion of the issuer's initial business combination or earlier upon redemption or liquidation.