4//SEC Filing
Lionheart Equities, LLC 4
Accession 0001104659-20-097304
CIK 0001802450other
Filed
Aug 19, 8:00 PM ET
Accepted
Aug 20, 5:11 PM ET
Size
14.7 KB
Accession
0001104659-20-097304
Insider Transaction Report
Form 4
Lionheart Equities, LLC
10% Owner
Transactions
- Purchase
Class A Common Stock
2020-08-18$10.00/sh+595,000$5,950,000→ 595,000 total - Sale
Class A Common Stock
2020-08-18$10.00/sh−335,000$3,350,000→ 260,000 total - Sale
Class B Common Stock
2020-08-18−1,005,000→ 4,662,500 total→ Class A Common Stock (1,005,000 underlying) - Purchase
Warrants to purchase Class A Common Stock
2020-08-18+297,500→ 297,500 totalExercise: $11.50→ Class A Common Stock (297,500 underlying) - Sale
Warrants to purchase Class A Common Stock
2020-08-18−167,500→ 130,000 totalExercise: $11.50→ Class A Common Stock (167,500 underlying)
Footnotes (5)
- [F1]Immediately following the closing of the offering, the reporting person acquired units (each, a "Private Unit") in a private placement that closed simultaneously with the closing of the offering. Each Private Unit consists of one share of Class A common stock and one-half of one warrant (each, a "Private Warrant"), with each whole Private Warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share, subject to adjustment as described in the registrant's registration on Form S-1 (File No. 333-240130) (the "Registration Statement")
- [F2]Immediately following the closing of the offering, the reporting person transferred shares of Class B common stock to certain persons. As described in the Registration Statement under the heading "Description of Securities - Founder Shares and Private Units," the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the registrant's initial business combination on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
- [F3]Immediately following the closing of the offering, the reporting person transferred 335,000 Private Units to certain persons.
- [F4]The Private Warrants become exercisable on the later of (i) 30 days after the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering.
- [F5]The Private Warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the Registration Statement.
Documents
Issuer
Lionheart Acquisition Corp. II
CIK 0001802450
Entity typeother
Related Parties
1- filerCIK 0001818673
Filing Metadata
- Form type
- 4
- Filed
- Aug 19, 8:00 PM ET
- Accepted
- Aug 20, 5:11 PM ET
- Size
- 14.7 KB