4//SEC Filing
CLAMMER ADAM 4
Accession 0000950103-22-012920
CIK 0001845618other
Filed
Jul 25, 8:00 PM ET
Accepted
Jul 26, 4:11 PM ET
Size
15.6 KB
Accession
0000950103-22-012920
Insider Transaction Report
Form 4
Shipyard Advisors GP, LLC
10% Owner
Transactions
- Other
Class B common stock
2022-05-09+8,334→ 5,542,198 total→ Class A common stock (8,334 underlying)
Bilander Holdings, LLC
10% Owner
Transactions
- Other
Class B common stock
2022-05-09+8,334→ 5,542,198 total→ Class A common stock (8,334 underlying)
Shipyard Advisors, L.P.
10% Owner
Transactions
- Other
Class B common stock
2022-05-09+8,334→ 5,542,198 total→ Class A common stock (8,334 underlying)
Bilander Aggregator, LLC
10% Owner
Transactions
- Other
Class B common stock
2022-05-09+8,334→ 5,542,198 total→ Class A common stock (8,334 underlying)
CLAMMER ADAM
10% Owner
Transactions
- Other
Class B common stock
2022-05-09+8,334→ 5,542,198 total→ Class A common stock (8,334 underlying)
GREENE JAMES H JR
Director10% Owner
Transactions
- Other
Class B common stock
2022-05-09+8,334→ 5,542,198 total→ Class A common stock (8,334 underlying)
Footnotes (3)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-253419) under the heading "Principal Stockholders", the Class B common stock will automatically convert into shares of Class A common stock in three tranches after the issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights. Shares of Class B common stock that are issued and outstanding on the ten year anniversary of issuer's initial business combination will be automatically forfeited for no consideration.
- [F2]Represents shares of Class B common stock transferred back to the reporting persons for no consideration following the resignation of Alexi Wellman from the issuer's board of directors on May 9, 2022. Prior to this transfer, the reporting persons held 5,533,864 shares of Class B common stock as a result of its forfeiture of 132,801 shares of Class B of common stock in connection with the partial exercise of the over-allotment option granted by the issuer pursuant to the underwriting agreement for the issuer's initial public offering.
- [F3]This Form 4 is being filed by Bilander Holdings, LLC, a Delaware limited liability company and sponsor of the issuer ("Sponsor"). Shipyard Advisors, L.P. ("Shipyard") is the managing member of Sponsor and Bilander Aggregator, LLC. Shipyard Advisors GP, LLC is the general partner of Shipyard. As the managing members of Shipyard Advisors GP, LLC, James H. Greene and Adam H. Clammer may be deemed to have or share beneficial ownership of the Class B common stock held directly by Sponsor. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
Documents
Issuer
Bilander Acquisition Corp.
CIK 0001845618
Entity typeother
Related Parties
1- filerCIK 0001192808
Filing Metadata
- Form type
- 4
- Filed
- Jul 25, 8:00 PM ET
- Accepted
- Jul 26, 4:11 PM ET
- Size
- 15.6 KB