4//SEC Filing
Cambridge Capital Acquisition Corp 4
Accession 0001094891-16-000399
CIK 0001588869operating
Filed
Jan 18, 7:00 PM ET
Accepted
Jan 19, 12:14 PM ET
Size
13.4 KB
Accession
0001094891-16-000399
Insider Transaction Report
Form 4
Gordon Family 2007 Trust
10% Owner
Transactions
- Sale
Common Stock
2015-12-23−539,351→ 1,043,062 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2015-12-22−1,043,062→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2015-12-23−8,473→ 0 total - Disposition to Issuer
Warrants
2015-12-23−5,543→ 0 totalExercise: $11.50From: 2015-12-23Exp: 2018-12-23→ Common Stock (5,543 underlying)
Morris Jonathan
10% Owner
Transactions
- Disposition to Issuer
Common Stock
2015-12-23−8,473→ 0 total - Disposition to Issuer
Common Stock
2015-12-22−1,043,062→ 0 total(indirect: By Trust) - Disposition to Issuer
Warrants
2015-12-23−5,543→ 0 totalExercise: $11.50From: 2015-12-23Exp: 2018-12-23→ Common Stock (5,543 underlying) - Sale
Common Stock
2015-12-23−539,351→ 1,043,062 total(indirect: By Trust)
Footnotes (5)
- [F1]On September 6, 2015, Cambridge Capital Acquisition Corporation (the "Issuer"), Cambridge Holdco Corp. ("Holdco"), Ability Computer & Software Industries Ltd. ("Ability") and the shareholders of Ability entered into an Agreement and Plan of Reorganization (the "Merger Agreement"), pursuant to which, and subject to the terms and conditions thereof, on December 23, 2015 (the "Closing Date") the Issuer merged with and into Holdco, with Holdco surviving the merger. On the Closing Date, pursuant to the Merger Agreement, and subject to the terms and conditions thereof, at the effective time of the merger, Mr. Morris disposed of 8,473 shares of common stock of the Issuer in exchange for the same number of shares in Holdco.
- [F2]These securities were transferred to third parties as consideration for such third parties purchasing shares of common stock of the issuer and agreeing not to seek conversion of such shares in connection with the issuer's business combination with Ability Computer & Software Industries Ltd.
- [F3]Mr. Morris is the trustee of the Gordon Family 2007 Trust and exercises voting and dispositive power over the shares held by such entity.
- [F4]On the Closing Date, pursuant to the Merger Agreement, and subject to the terms and conditions thereof, at the effective time of the merger, the Gordon Family 2007 Trust disposed of 1,043,062 shares of common stock of the Issuer in exchange for the same number of shares in Holdco.
- [F5]On the Closing Date, pursuant to the Merger Agreement, and subject to the terms and conditions thereof, at the effective time of the merger, the Warrants were assumed by Holdco in the Merger.
Documents
Issuer
Cambridge Capital Acquisition Corp
CIK 0001588869
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001588869
Filing Metadata
- Form type
- 4
- Filed
- Jan 18, 7:00 PM ET
- Accepted
- Jan 19, 12:14 PM ET
- Size
- 13.4 KB