Davies Christopher D. 4
4 · Figure Acquisition Corp. I · Filed Feb 24, 2021
Insider Transaction Report
Form 4
Davies Christopher D.
DirectorChief Executive Officer
Transactions
- Award
Class A Common Stock
2021-02-23+25,000→ 25,000 total - Award
Warrants
2021-02-23+6,250→ 6,250 total→ Class A Common Stock (6,250 underlying)
Footnotes (2)
- [F1]Reflects the purchase of 25,000 Units of the Issuer for $10.00 per Unit by the Reporting Person from the Issuer upon the closing of the Issuer's initial public offering ("IPO"). Each Unit consists of one share of Class A Common Stock of the Issuer (each, a "Class A Share") and one-fourth of one redeemable warrant of the Issuer (each, a "Public Warrant").
- [F2]Each whole Public Warrant is exercisable to purchase one Class A Share at an exercise price of $11.50 per share, subject to certain anti-dilution adjustments. The Public Warrants will become exercisable on the later of (i) 30 days after the completion of the Issuer's initial business combination and (ii) 12 months following the closing of the IPO. The Public Warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described under the heading "Description of Securities--Redeemable Warrants--Public Stockholders' Warrants" in the Issuer's Registration Statement on Form S-1/A (File No. 333-252686) filed with the Securities and Exchange Commission on February 11, 2021 (the "Registration Statement").