Centricus Heritage LLC 4
4 · Centricus Acquisition Corp. · Filed Feb 8, 2021
Insider Transaction Report
Form 4
Centricus Heritage LLC
10% Owner
Transactions
- Other
Class B ordinary shares
2021-02-05$0.00/sh+20,000$60→ 8,605,000 total→ Class A ordinary shares (20,000 underlying) - Purchase
Warrants
2021-02-08$1.50/sh+6,266,667$9,400,001→ 6,266,667 totalExercise: $11.50→ Class A ordinary shares (6,266,667 underlying)
Footnotes (3)
- [F1]The Class B ordinary shares will automatically convert into shares of the Issuer's Class A ordinary shares at the completion of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on form S-1 (File No. 333-251856) (the "Registration Statement") and have no expiration date.
- [F2]In connection with Nicholas James Taylor's appointment as an independent director of the Issuer, the Reporting Person transferred 20,000 Class B ordinary shares of the Issuer to Mr. Taylor.
- [F3]The warrants will become exercisable commencing on the later of 12 months from the closing of the Issuer's initial public offering or 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.