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Querciagrossa Anthony 4

Accession 0001104659-24-000969

CIK 0001852633other

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 5:49 PM ET

Size

7.0 KB

Accession

0001104659-24-000969

Insider Transaction Report

Form 4
Period: 2023-12-29
Querciagrossa Anthony
Chief Financial Officer
Transactions
  • Award

    Employee Stock Option (Right to Buy)

    2023-12-29+277,291277,291 total
    Exercise: $13.53Exp: 2033-08-28Class A Common Stock (277,291 underlying)
Footnotes (3)
  • [F1]On December 29, 2023, pursuant to that certain Second Amended and Restated Business Combination Agreement dated November 22, 2023 (as amended from time to time, the "Business Combination Agreement") by and among Banyan Acquisition Corporation ("Banyan"), Panther Merger Sub, Inc., a wholly owned subsidiary of Banyan ("Merger Sub") and Pinstripes Inc. ("Pinstripes"), pursuant to which (i) Merger Sub merged with and into Pinstripes, with Pinstripes surviving as a wholly owned subsidiary of Banyan (the "Merger") and, after given effect to such Merger, continuing as a wholly owned subsidiary and (ii) Banyan changed its name to "Pinstripes Holdings, Inc." (the "Issuer") (the Merger and the other transactions contemplated by the Business Combination Agreement, the "Business Combination").
  • [F2]For purposes of the exemption under Rule 16b-3 promulgated under the Exchange Act, the Board of Banyan approved the acquisition of any direct or indirect pecuniary interest in any and all securities reported hereby by the reporting persons as a result of or in connection with the transactions reported in this Form 4.
  • [F3]The option granted to Mr. Querciagrossa was received in the Business Combination, in exchange for an employee stock option to acquire 150,000 shares of Pinstripes common stock for $25.00 per share. Includes 13,865 vested options and 263,426 options that vest in 19 equal quarterly installments.

Issuer

Pinstripes Holdings, Inc.

CIK 0001852633

Entity typeother

Related Parties

1
  • filerCIK 0002002464

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 5:49 PM ET
Size
7.0 KB