Capitol Acquisition Corp. III 4
4 · Capitol Acquisition Corp. III · Filed Jul 5, 2017
Insider Transaction Report
Form 4
Dryden L. Dyson
DirectorPresident, CFO, Treasurer
Transactions
- Disposition to Issuer
Warrants
2017-06-29−1,912,500→ 0 total(indirect: By LLC)Exercise: $11.50From: 2017-07-29Exp: 2022-06-29→ Common Stock (1,912,500 underlying) - Disposition to Issuer
Common Stock
2017-06-29−1,978,750→ 0 total(indirect: By LLC)
Footnotes (3)
- [F1]On March 19, 2017, Capitol Acquisition Corp. III (the "Issuer"), Capitol Acquisition Holding Company Ltd. ("Holdings"), Capitol Acquisition Merger Sub, Inc., Canyon Holdings (Cayman) L.P. and Canyon Holdings S.a r.l. entered into an Agreement and Plan of Merger (the "Merger Agreement"), which was amended as of April 7, 2017, pursuant to which, and subject to the terms and conditions thereof, on June 29, 2017 (the "Closing Date") the Issuer merged with and into Holdings, with Holdings 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, 413,624 shares of common stock of the Issuer were forfeited and the remaining 1,565,126 shares of common stock of the Issuer were disposed of in exchange for the same number of shares in Holdings.
- [F2]Mr. Dryden is the managing member of Capitol Acquisition Founder 3 LLC.
- [F3]On the Closing Date, pursuant to the Merger Agreement, and subject to the terms and conditions thereof, at the effective time of the merger, 485,483 of the Warrants were forfeited and the remaining 1,427,017 Warrants were assumed by Holdings in the Merger.