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4//SEC Filing

Barran Trevor 4

Accession 0001104659-21-089826

CIK 0001802450other

Filed

Jul 6, 8:00 PM ET

Accepted

Jul 7, 4:56 PM ET

Size

10.2 KB

Accession

0001104659-21-089826

Insider Transaction Report

Form 4
Period: 2021-07-04
Barran Trevor
DirectorChief Operating Officer
Transactions
  • Sale

    Class A Common Stock

    2021-07-04$10.00/sh5,000$50,0000 total
  • Sale

    Class B Common Stock

    2021-07-0415,0000 total
    Class A Common Stock (15,000 underlying)
  • Sale

    Warrants to purchase Class A Common Stock

    2021-07-042,5000 total
    Exercise: $11.50Class A Common Stock (2,500 underlying)
Footnotes (4)
  • [F1]In connection with Mr. Trevor Barran's resignation as a director and chief operating officer of the issuer, Mr. Barran disposed of all of the issuer's private placement units and Class B Common Stock held by Mr. Barran. Each private placement unit consists of one share of Class A Common Stock and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A Common Stock at a price of $11.50 per share, subject to certain adjustments.
  • [F2]As described in the issuer's registration statement on Form S-1 (File No. 333-240130) (the "Registration Statement"), the shares of Class B Common Stock will automatically convert into shares of Class A Common Stock at the time of the issuer's initial business combination on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
  • [F3]The warrants become exercisable on the later of (i) 30 days after the completion of the issuer's initial business combination and (ii) August 18, 2021.
  • [F4]The warrants expire five years after the completion of the issuer's initial business combination or earlier upon redemption or liquidation, as described in the Registration Statement.

Issuer

Lionheart Acquisition Corp. II

CIK 0001802450

Entity typeother

Related Parties

1
  • filerCIK 0001820779

Filing Metadata

Form type
4
Filed
Jul 6, 8:00 PM ET
Accepted
Jul 7, 4:56 PM ET
Size
10.2 KB