4//SEC Filing
Susan Lior 4
Accession 0001140361-21-024843
CIK 0001816708other
Filed
Jul 18, 8:00 PM ET
Accepted
Jul 19, 8:03 PM ET
Size
8.0 KB
Accession
0001140361-21-024843
Insider Transaction Report
Form 4
Owlet, Inc.OWLT
Susan Lior
Director10% Owner
Transactions
- Award
Common Stock
2021-07-15+14,930,616→ 14,930,616 total(indirect: See footnotes) - Award
Common Stock
2021-07-15+13,561,716→ 13,561,716 total(indirect: See footnotes)
Footnotes (3)
- [F1]On July 15, 2021, pursuant to that certain Business Combination Agreement, dated as of February 15, 2021, by and among the Issuer, Project Olympus Merger Sub, Inc. ("Merger Sub") and Owlet Baby Care Inc. ("Owlet Baby Care"), Merger Sub merged with and into Owlet Baby Care with Owlet Baby Care surviving as a wholly owned subsidiary of the Issuer (the "Merger"). Upon consummation of the Merger (the "Effective Time"), each issued and outstanding share of common stock of Owlet Baby Care was automatically cancelled and converted into approximately 2.053 (the "Exchange Ratio") shares of common stock of the Issuer.
- [F2]The shares of common stock are held of record by Eclipse Ventures Fund I, L.P. ("Eclipse I"). Eclipse Ventures GP I, LLC ("Eclipse I GP") is the general partner of Eclipse I and may be deemed to have voting and dispositive power over the shares held by Eclipse I. The reporting person is the sole managing member of Eclipse I GP and may be deemed to have voting and dispositive power over the shares held by Eclipse I. Eclipse I GP and the reporting person disclaim beneficial ownership of the shares held by Eclipse I except to the extent of their respective pecuniary interests therein, if any.
- [F3]The shares of common stock are held of record by Eclipse Continuity Fund I, L.P. ("Eclipse Continuity I"). Eclipse Continuity GP I, LLC ("Eclipse Continuity GP") is the general partner of Eclipse Continuity I and may be deemed to have voting and dispositive power over the shares held by Eclipse Continuity I. The reporting person is the sole managing member of Eclipse Continuity GP and may be deemed to have voting and dispositive power over the shares held by Eclipse Continuity I. Eclipse Continuity GP and the reporting person disclaim beneficial ownership of the shares held by Eclipse Continuity I except to the extent of their respective pecuniary interests therein, if any.
Documents
Issuer
Owlet, Inc.
CIK 0001816708
Entity typeother
Related Parties
1- filerCIK 0001832895
Filing Metadata
- Form type
- 4
- Filed
- Jul 18, 8:00 PM ET
- Accepted
- Jul 19, 8:03 PM ET
- Size
- 8.0 KB