3//SEC Filing
SVAC Sponsor LLC 3
Accession 0001140361-20-020077
CIK 0001794905other
Filed
Sep 8, 8:00 PM ET
Accepted
Sep 9, 9:45 PM ET
Size
5.3 KB
Accession
0001140361-20-020077
Insider Transaction Report
Form 3
SVAC Sponsor LLC
10% Owner
Holdings
Class B common stock
→ Class A common stock (8,093,750 underlying)
Footnotes (3)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-248094) under the heading "Description of securities - Founder shares," the shares of the issuer's Class B common stock, par value $0.0001 per share, will automatically convert into shares of the issuer's Class A common stock, par value $0.0001 per share, at the time of the issuer's initial business combination on a one-for-one basis (or earlier, at the holder's option), subject to adjustments for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F2]The shares of Class B common stock owned by the reporting person include up to 1,068,750 shares that are subject to forfeiture to the extent the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement.
- [F3]SVAC Sponsor LLC is the direct owner of the shares listed on this Form 3. SVAC Manager LLC, a Delaware limited liability company, is the Manager of the Sponsor.
Documents
Issuer
STARBOARD VALUE ACQUISITION CORP.
CIK 0001794905
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001822122
Filing Metadata
- Form type
- 3
- Filed
- Sep 8, 8:00 PM ET
- Accepted
- Sep 9, 9:45 PM ET
- Size
- 5.3 KB