Home/Filings/3/0001104659-20-113656
3//SEC Filing

SCH Sponsor V LLC 3

Accession 0001104659-20-113656

CIK 0001818874other

Filed

Oct 8, 8:00 PM ET

Accepted

Oct 9, 6:21 AM ET

Size

36.2 KB

Accession

0001104659-20-113656

Insider Transaction Report

Form 3
Period: 2020-10-08
SCH Sponsor V LLC
Director10% Owner
Holdings
  • Class B ordinary shares

    Class A ordinary shares (18,587,500 underlying)
Osborne Ian
DirectorPresident10% Owner
Holdings
  • Class B ordinary shares

    Class A ordinary shares (18,587,500 underlying)
ChaChaCha SPAC 5, LLC
Director10% Owner
Holdings
  • Class B ordinary shares

    Class A ordinary shares (18,587,500 underlying)
Palihapitiya Chamath
DirectorCEO & Chairman of the Board10% Owner
Holdings
  • Class B ordinary shares

    Class A ordinary shares (18,587,500 underlying)
Footnotes (2)
  • [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-248915) 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 2,437,500 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 V 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 5, 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. V

CIK 0001818874

Entity typeother
IncorporatedCayman Islands

Related Parties

1
  • filerCIK 0001818862

Filing Metadata

Form type
3
Filed
Oct 8, 8:00 PM ET
Accepted
Oct 9, 6:21 AM ET
Size
36.2 KB