Xercise2 Ltd. 4
4 · Broadstone Acquisition Corp. · Filed Nov 18, 2020
Insider Transaction Report
Form 4
Xercise2 Ltd.
10% Owner
Transactions
- Other
Class B Ordinary Shares
2020-11-16−279,287→ 2,147,593 total(indirect: See Footnote)→ Class A Ordinary Shares (279,287 underlying)
Footnotes (2)
- [F1]On November 16, 2020, Broadstone Sponsor LLP forfeited at no cost 992,425 Class B ordinary shares of the Issuer in connection with the election by the underwriters of the Issuer's initial public offering of units to decline to exercise the remainder of an option granted to them to cover over-allotments.
- [F2]Broadstone Sponsor LLP is the record holder of the securities reported herein. Xercise2 Ltd. is among the members of Broadstone Sponsor LLP and has voting and investment discretion with respect to the securities held of record by Broadstone Sponsor LLP and Mr. Osmond is the director of Xercise2 Ltd. The Class B ordinary shares are convertible for shares of the Issuer's Class A ordinary shares as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-245663) (the "Registration Statement") and have no expiration date.