Home/Filings/3/0001104659-20-049340
3//SEC Filing

SCH Sponsor III LLC 3

Accession 0001104659-20-049340

CIK 0001801170other

Filed

Apr 20, 8:00 PM ET

Accepted

Apr 21, 7:45 PM ET

Size

22.5 KB

Accession

0001104659-20-049340

Insider Transaction Report

Form 3
Period: 2020-04-21
Palihapitiya Chamath
DirectorCEO & Chairman of the Board10% Owner
Holdings
  • Class B ordinary shares

    Class A ordinary shares (17,050,000 underlying)
Osborne Ian
DirectorPresident10% Owner
Holdings
  • Class B ordinary shares

    Class A ordinary shares (17,050,000 underlying)
SCH Sponsor III LLC
Director10% Owner
Holdings
  • Class B ordinary shares

    Class A ordinary shares (17,050,000 underlying)
ChaChaCha SPAC C, LLC
Director10% Owner
Holdings
  • Class B ordinary shares

    Class A ordinary shares (17,050,000 underlying)
Footnotes (2)
  • [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-236776) under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001 per share, of the issuer will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustment, and have no expiration date. Includes 2,250,000 Class B ordinary shares that are subject to forfeiture if the underwriter of the issuer's initial public offering does not exercise in full its option to purchase additional units.
  • [F2]The reporting owner, SCH Sponsor III LLC (the "Sponsor"), in whose name the securities reported herein are held, is managed by its managers, Chamath Palihapitiya and Ian Osborne. A majority of the voting interests of the Sponsor are held by ChaChaCha SPAC C, LLC ("ChaChaCha"). Messrs. Palihapitiya and Osborne and ChaChaCha may be deemed to beneficially own shares held by the Sponsor by virtue of their direct or indirect interests in the Sponsor or their shared control over the Sponsor, as the case may be. Each of Mr. Palihapitiya, Mr. Osborne and ChaChaCha disclaims beneficial ownership of the shares held by the Sponsor, except to the extent of such person's pecuniary interest therein.

Issuer

Social Capital Hedosophia Holdings Corp. III

CIK 0001801170

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001806247

Filing Metadata

Form type
3
Filed
Apr 20, 8:00 PM ET
Accepted
Apr 21, 7:45 PM ET
Size
22.5 KB