Leitner Michael E 4
4 · Endurance Acquisition Corp. · Filed Oct 31, 2022
Insider Transaction Report
Form 4
Leitner Michael E
Director
Transactions
- Exercise/Conversion
Class A Ordinary Shares
2022-10-27+35,000→ 35,000 total - Disposition to Issuer
Class A Ordinary Shares
2022-10-27−35,000→ 0 total - Exercise/Conversion
Class B Ordinary Shares
2022-10-27−35,000→ 0 total→ Class A Ordinary Shares (35,000 underlying)
Footnotes (2)
- [F1]Pursuant to the Business Combination Agreement, dated March 8, 2022, as amended, by and among the Issuer, SatixFy Communications Ltd., a limited liability company organized under the laws of the State of Israel ("SatixFy"), and SatixFy MS, a Cayman Islands exempted company and a direct, wholly owned subsidiary of SatixFy ("Merger Sub"), on October 27, 2022 Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of SatixFy (the "Business Combination").
- [F2]As a result of the Business Combination, (i) each Class B ordinary share of the Issuer was automatically converted into one Class A ordinary share of the Issuer and (ii) each issued and outstanding Class A ordinary share of the Issuer was exchanged for one ordinary share of SatixFy.