Townsend Andrew S 4
4 · Collective Growth Corp · Filed Jul 31, 2020
Insider Transaction Report
Form 4
Townsend Andrew S
Director10% Owner
Transactions
- Disposition to Issuer
Class B Common Stock
2020-06-29−365,625→ 2,437,499 total(indirect: By LLC)→ Class A Common Stock (365,625 underlying) - Sale
Class B Common Stock
2020-07-29−375,000→ 2,062,499 total(indirect: By LLC)→ Class A Common Stock (375,000 underlying)
Footnotes (4)
- [F1]The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment. The Class B common stock has no expiration date.
- [F2]The shares were forfeited for no consideration in connection with the underwriters' election not to exercise the over-allotment option as described in the Issuer's registration statement on Form S-1.
- [F3]The blended sales price of the shares is $0.000016 per share.
- [F4]Shipwright Partners LLC is the managing member of Shipwright SPAC I, LLC. Shipwright Partners LLC is controlled by Andrew S. Townsend. Mr. Townsend disclaims beneficial ownership of the securities held by Shipwright SPAC I, LLC except to the extent of his pecuniary interest therein