Edinburg Barry 4
4 · Sunlight Financial Holdings Inc. · Filed Sep 13, 2021
Insider Transaction Report
Form 4
Edinburg Barry
Executive VP and CFO
Transactions
- Purchase
Class A Common Stock
2021-09-10$5.41/sh+37,500$202,875→ 120,400 total - Purchase
Class A Common Stock
2021-09-13$5.28/sh+37,500$198,000→ 157,900 total
Holdings
- 2,341,446
Private Units
→ Class A Common Stock (2,341,446 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.32 to $5.76, inclusive. The reporting person undertakes to provide to Sunlight Financial Holdings Inc. (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range.
- [F2]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.15 to $5.51, inclusive. The reporting person undertakes to provide to the "Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range.
- [F3]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 Company. 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 SFLLC. 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.