Lubin Bruce S. 4
4 · Banyan Acquisition Corp · Filed Apr 25, 2023
Insider Transaction Report
Form 4
Lubin Bruce S.
Director
Transactions
- Award
Class B common stock
2023-04-21+39,375→ 39,375 totalExercise: $0.00→ Class A common stock (39,375 underlying)
Footnotes (1)
- [F1]Pursuant to the amendment to the amended and restated certificate of incorporation of Banyan Acquisition Corporation ("Banyan") that became effective on April 21, 2023, the shares of Class B Common Stock held by the Reporting Person became convertible into shares of Class A Common Stock at any time at the Reporting Person's election on a one-for-one basis. The shares of Class B Common Stock also automatically convert into shares of Class A Common Stock at the time of the closing of Banyan's initial business combination on a one-for-one basis and have no expiration date.