FG New America Investors LLC 4
4 · FG New America Acquisition Corp. · Filed Oct 16, 2020
Insider Transaction Report
Form 4
FG New America Investors LLC
Director10% Owner
Transactions
- Disposition to Issuer
Class B Common Stock
2020-10-14−525,000→ 4,693,750 total→ Class A Common Stock (525,000 underlying)
Footnotes (2)
- [F1]On October 14, 2020, FG New America Investors LLC forfeited at no cost 525,000 shares of Class B common stock of the Issuer, which was exempted pursuant to Rule 16b-3(e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in connection with the election by the underwriters of the Issuer's initial public offering of units to exercise an option granted to them to cover over-allotments in part and not in full.
- [F2]The shares of Class B common stock are convertible for shares of the Issuer's Class A common stock as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-248429) (the "Registration Statement") and have no expiration date.