Bischoff Steven 4
4 · HCM Acquisition Corp · Filed Jan 27, 2022
Insider Transaction Report
Form 4
Bischoff Steven
Director
Transactions
- Other
Class B Ordinary Shares
2022-01-25$0.00/sh+25,000$50→ 25,000 total→ Class A Ordinary Shares (25,000 underlying)
Footnotes (2)
- [F1]The Class B ordinary shares are automatically convertible into the shares of the Issuer's Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. The Class B ordinary shares are subject to forfeiture under certain circumstances relating to Mr. Bischoff's service on the Issuer's Board of Directors.
- [F2]As contemplated by the securities purchase agreement between HCM Investor Holdings, LLC (the "Sponsor") and Mr. Bischoff, dated January 25, 2022, the Sponsor assigned 25,000 Class B ordinary shares to Mr. Bischoff in connection with Mr. Bischoff's appointment to the Issuer's Board of Directors.