Group Nine SPAC LLC 4
4 · Group Nine Acquisition Corp. · Filed Jan 22, 2021
Insider Transaction Report
Form 4
Group Nine SPAC LLC
Director
Transactions
- Award
Warrants
2021-01-20$1.50/sh+2,840,000$4,260,000→ 2,840,000 total(indirect: See footnote)Exercise: $11.50→ Class A Common Stock (2,840,000 underlying)
Footnotes (2)
- [F1]The warrants will become exercisable commencing on the later of 12 months from the closing of the Issuer's initial public offering and 30 days after the completion of the Issuer's initial business combination, and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.
- [F2]Represents shares held by Group Nine SPAC LLC, which is a wholly owned subsidiary of Group Nine Media, Inc.