Horizon Sponsor, LLC 4
4 · Horizon Acquisition Corp · Filed Aug 27, 2020
Insider Transaction Report
Form 4
Horizon Sponsor, LLC
10% Owner
Transactions
- Other
Class B ordinary shares
2020-08-25−581,250→ 13,793,750 total→ Class A ordinary shares (581,250 underlying)
Footnotes (3)
- [F1]This Form 4 reflects the automatic surrender to the issuer of 581,250 of the issuer's Class B ordinary shares, par value $0.0001 per share, for no consideration by the reporting person as a result of Horizon Sponsor, LLC's ("Sponsor") participation in the issuer's initial public offering, as more fully described in the issuer's registration statement on Form S-1 (File No. 333- 240313).
- [F2]As described in the issuer's registration statement on Form S-1 (File No. 333- 240313) under the heading "Description of Securities -- Founder Shares", the Class B ordinary shares 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 adjustment for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F3]This Form 3 is being filed by Sponsor. Sponsor is controlled by Todd Boehly.