4//SEC Filing
AMBOIAN JOHN P 4
Accession 0000950170-24-068813
CIK 0001779020other
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 5:00 PM ET
Size
23.2 KB
Accession
0000950170-24-068813
Insider Transaction Report
Form 4
AMBOIAN JOHN P
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-06-01+26,578→ 26,578 total - Exercise/Conversion
Restricted Stock Units
2024-06-01−26,578→ 0 total→ Common Stock (26,578 underlying)
Holdings
- 363,943(indirect: By Trust)
Class A Common Stock
- 545,915(indirect: By Trust)
Class A Common Stock
Footnotes (4)
- [F1]Represents the pro rata in kind distribution of all of the shares of Common Stock of the Issuer held by Live Oak Sponsor Partners, LLC (the "Sponsor"), without consideration, to its members. The John P. Amboian 2008 Living Trust (the "Living Trust") is a member of the Sponsor, and the Reporting Person is the sole trustee of the Living Trust and therefore the Reporting Person may be deemed to beneficially own the securities held by the Living Trust. The Reporting Person disclaims any beneficial ownership of the reported securities owned by the Living Trust other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- [F2]Represents the pro rata in kind distribution of all of the shares of Common Stock of the Issuer held by the Sponsor, without consideration, to its members. Kings Trail Trust Dtd 09/19/2018 (the "Kings Trail Trust") is a member of the Sponsor, and the Reporting Person's spouse is the sole trustee of the Kings Trail Trust and therefore the Reporting Person may be deemed to beneficially own the securities held by the Kings Trail Trust. The Reporting Person disclaims any beneficial ownership of the reported securities owned by the Kings Trail Trust other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Danimer Scientific Class A common stock.
- [F4]Comprised of an award of restricted stock units (RSU) granted as director compensation under the Danimer Scientific, Inc. 2020 Long-Term Incentive Plan (the "Plan") with each RSU representing the right to receive one share of Danimer Scientific Class A Common Stock. All of these RSU's will vest and become non-forfeitable on June 1, 2024 subject to recipient's continued service as a director of the Company.
Documents
Issuer
Danimer Scientific, Inc.
CIK 0001779020
Entity typeother
Related Parties
1- filerCIK 0001188721
Filing Metadata
- Form type
- 4
- Filed
- Jun 3, 8:00 PM ET
- Accepted
- Jun 4, 5:00 PM ET
- Size
- 23.2 KB