Paulson Larry 4
4 · Novus Capital Corp II · Filed Feb 8, 2021
Insider Transaction Report
Form 4
Paulson Larry
Director
Transactions
- Purchase
Warrant
2021-02-08$1.50/sh+556,500$834,750→ 556,500 total(indirect: See Footnote)→ Class A Common Stock
Footnotes (2)
- [F1]Each warrant will become exercisable 30 days after the completion of the Issuer's initial business combination. Each warrant will expire five years after the completion of the Issuer's initial business combination. Each warrant entitles the holder to purchase one share of Class A common stock at a price of $11.50 per share, subject to adjustment in the event of certain capital-raising or reorganization transactions.
- [F2]The warrants are owned directly by the Larry M and Gretchen V Paulson Family Trust dated September 4, 2019 and any amendments thereto (the "Trust"). Mr. Paulson is a trustee of the Trust. He disclaims beneficial ownership of the securities held by the Trust except to the extent of his pecuniary interest therein.