Parsons Timothy 4
4 · Sunlight Financial Holdings Inc. · Filed Aug 20, 2021
Insider Transaction Report
Form 4
Parsons Timothy
Executive VP & COO
Transactions
- Purchase
Class A Common Stock
2021-08-19$5.59/sh+10,000$55,950→ 73,600 total
Holdings
- 1,386,399
Private Units
→ Class A Common Stock (1,386,399 underlying)
Footnotes (1)
- [F1]Each Private Unit consists of a Class EX Unit issued by Sunlight Financial LLC ("SFLLC"), together with one share of Class C Common Stock issued by the Issuer. Each Private Unit is exchangeable, subject to certain conditions, for either one share of Class A Common Stock, or at SFLLC's election, an amount of cash equivalent to the market value of one share of Class A Common Stock, pursuant to and in accordance with the terms of the Fifth Amended and Restated Limited Liability Company Agreement of SFLCC. The Class C Common Stock will vote together with the Class A Common Stock as a single class, but will have no economic rights. These exchange rights do not expire.