KINS Capital LLC 3
3 · KINS Technology Group, Inc. · Filed Dec 14, 2020
Insider Transaction Report
Form 3
KINS Capital LLC
10% OwnerOther
Holdings
Class B common stock
→ Class A common stock (5,125,000 underlying)
Footnotes (2)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-249177) under the heading "Description of Securities--Founder Shares," the shares of Class B common stock, par value $0.0001 per share, of the issuer will automatically convert into shares of Class A common stock, 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 750,000 shares of Class B common stock that are subject to forfeiture if the underwriters of the issuer's initial public offering do not exercise in full its option to purchase additional units.
- [F2]The reporting owner, KINS Capital LLC (the "Sponsor"), in whose name the securities reported herein are held, is managed by its managing member, Cardinal Venture Holdings LLC. The managing member of Cardinal Venture Holdings LLC is Khurram P. Sheikh. Each of the Reporting Persons may be deemed a beneficial owner of shares held by the Sponsor but each (other than the Sponsor) disclaims beneficial ownership of any such shares except to the extent of its respective pecuniary interest therein.