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4//SEC Filing

Kapadia Aman 4

Accession 0001104659-20-097306

CIK 0001802450other

Filed

Aug 19, 8:00 PM ET

Accepted

Aug 20, 5:12 PM ET

Size

11.3 KB

Accession

0001104659-20-097306

Insider Transaction Report

Form 4
Period: 2020-08-18
Kapadia Aman
Director
Transactions
  • Purchase

    Class A Common Stock

    2020-08-18$10.00/sh+180,000$1,800,000180,000 total(indirect: By Akaris Global Partners LP)
  • Purchase

    Class B Common Stock

    2020-08-18+540,000540,000 total(indirect: By Akaris Global Partners LP)
    Class A Common Stock (540,000 underlying)
  • Purchase

    Warrants to purchase Class A Common Stock

    2020-08-18+90,00090,000 total(indirect: By Akaris Global Partners LP)
    Exercise: $11.50Class A Common Stock (90,000 underlying)
Footnotes (5)
  • [F1]Immediately following the closing of the offering, the reporting person acquired units (each, a "Private Unit") that were originally purchased by Lionheart Equities, LLC 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]Purchased by vehicles and accounts managed by Akaris Global Partners LP over which the reporting person has voting and dispositive power.
  • [F3]Immediately following the closing of the offering, the reporting person was transferred shares of Class B common stock by Lionheart Equities, LLC. 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.
  • [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.

Issuer

Lionheart Acquisition Corp. II

CIK 0001802450

Entity typeother

Related Parties

1
  • filerCIK 0001821170

Filing Metadata

Form type
4
Filed
Aug 19, 8:00 PM ET
Accepted
Aug 20, 5:12 PM ET
Size
11.3 KB