4//SEC Filing
Olayan International Ltd 4
Accession 0000947871-18-000427
CIK 0001698514other
Filed
May 17, 8:00 PM ET
Accepted
May 18, 9:03 PM ET
Size
10.6 KB
Accession
0000947871-18-000427
Insider Transaction Report
Form 4
Olayan International Ltd
10% Owner
Transactions
- Other
Ordinary Shares, $0.00 par value
2018-05-18−3,000,000→ 0 total(indirect: See Footnote) - Other
Warrant
2018-05-18−3,000,000→ 0 total(indirect: See Footnote)Exercise: $11.50→ Ordinary Shares (1,500,000 underlying)
Olayan Investments Co Establishment
10% Owner
Transactions
- Other
Warrant
2018-05-18−3,000,000→ 0 total(indirect: See Footnote)Exercise: $11.50→ Ordinary Shares (1,500,000 underlying) - Other
Ordinary Shares, $0.00 par value
2018-05-18−3,000,000→ 0 total(indirect: See Footnote)
Footnotes (3)
- [F1]Reflects transfer of ordinary shares and warrants (together the "Units") made in connection with, and contingent on the shareholder approval of, the initial business combination of the Issuer. Each Unit was transferred in consideration for the price at which each Unit was purchased by the reporting persons at the initial public offering of the Issuer ($10 per Unit).
- [F2]The shares were directly owned by Competrol Establishment, which is a wholly owned subsidiary of Olayan Investments Company Establishment, which is a wholly owned subsidiary of Olayan International Limited. Olayan Investments Company Establishment and Olayan International Limited were indirect beneficial owners of the reported securities. Each reporting person disclaims beneficial ownership of all interests reported on this Form 4 except to the extent of such reporting person's pecuniary interests.
- [F3]The warrants become exercisable 30 days after the completion of an initial business combination and will expire on the fifth anniversary of such completion or earlier upon redemption.
Documents
Issuer
National Energy Services Reunited Corp.
CIK 0001698514
Entity typeother
IncorporatedVirgin Islands, British
Related Parties
1- filerCIK 0001592818
Filing Metadata
- Form type
- 4
- Filed
- May 17, 8:00 PM ET
- Accepted
- May 18, 9:03 PM ET
- Size
- 10.6 KB