PWP Forward Sponsor I LLC 3
3 · PWP Forward Acquisition Corp. I · Filed Mar 9, 2021
Insider Transaction Report
Form 3
PWP Forward Sponsor I LLC
10% Owner
Holdings
Class B common stock
→ Class A common stock (5,395,000 underlying)
Footnotes (2)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-253371) 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 their option to purchase additional units.
- [F2]PWP Forward Sponsor I LLC (the "Sponsor") is the record holder of the shares of Class B common stock reported herein. The sole member of the Sponsor, PFAC Holdings I LLC ("Holdings"), by virtue of its control over the Sponsor, may be deemed to beneficially own shares held by the Sponsor.