BURKE ZANE M 4
4 · Owlet, Inc. · Filed Jul 19, 2021
Insider Transaction Report
Form 4
Owlet, Inc.OWLT
BURKE ZANE M
Director
Transactions
- Award
Common Stock
2021-07-15+102,659→ 102,659 total
Footnotes (1)
- [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.