Horizon Sponsor, LLC 4
4 · Horizon Acquisition Corp · Filed Oct 6, 2020
Insider Transaction Report
Form 4
Horizon Sponsor, LLC
10% Owner
Transactions
- Other
Class B ordinary shares
2020-10-04−194,142→ 13,599,608 total→ Class A ordinary shares (194,142 underlying)
Footnotes (3)
- [F1]This Form 4 reflects the automatic surrender to the issuer of 194,142 of the issuer's Class B ordinary shares, par value $0.0001 per share, for no consideration by the reporting person pursuant to contractual arrangements with the issuer, triggered by the expiration of the option of the underwriter of the issuer's initial public offering to purchase additional units.
- [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, par value $0.0001, will automatically convert into Class A ordinary shares, par value $0.0001, of the issuer at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F3]This Form 4 is being filed by the reporting person. The reporting person is controlled by Todd Boehly.