Horizon II Sponsor, LLC 4
4 · Horizon Acquisition Corp II · Filed Dec 3, 2020
Insider Transaction Report
Form 4
Horizon II Sponsor, LLC
10% Owner
Transactions
- Other
Class B ordinary shares
2020-12-03−668,750→ 13,125,000 total→ Class A ordinary shares (668,750 underlying)
Footnotes (3)
- [F1]This Form 4 reflects the automatic surrender to the issuer of 668,750 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- 249131) 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 4 is being filed by Sponsor. Sponsor is controlled by Todd Boehly.