Klaff Hersch 4
4 · Novus Capital Corp II · Filed Feb 8, 2021
Insider Transaction Report
Form 4
Klaff Hersch
Director
Transactions
- Purchase
Warrant
2021-02-08$1.50/sh+748,125$1,122,188→ 748,125 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]Represents (i) 623,437 warrants owned directly by KNC I LLC and (ii) 124,688 warrants owned directly by KNC II LLC. Mr. Klaff has control over the investment manager of KNC I LLC. Mr. Klaff has control over the manager for KNC II LLC. He disclaims beneficial ownership of the securities held by KNC I LLC and KNC II LLC except to the extent of his pecuniary interest therein.