CF Capital Growth, LLC 4
4 · FGL Holdings · Filed Dec 1, 2017
Insider Transaction Report
Form 4
CF Capital Growth, LLC
10% Owner
Transactions
- Award
Private Placement Warrants
2017-11-29$1.00/sh+1,500,000$1,500,000→ 0 totalExercise: $11.50From: 2017-12-30Exp: 2022-11-30→ Ordinary Shares (1,500,000 underlying) - Other
Class B Ordinary Shares
2017-11-29−30,221→ 0 total→ Ordinary Shares
Footnotes (4)
- [F1]The Class B Ordinary Shares are convertible, as described under the heading "Conversion of Founder Shares" in the CF Corporation's (CF Corporation is a predecessor entity to the Issuer) Schedule 14A (File No. 333-210854) and have no expiration date.
- [F2]On November 29, 2017, the Reporting Entity distributed all of its Class B Ordinary Shares and Private Placement Warrants to its members, except for 30,221 Class B Ordinary Shares, which were transferred to the Issuer's independent directors. As a result, CF Capital no longer directly or indirectly owned any securities or derivative securities of the Issuer. Immediately prior to this distribution, the Reporting Entity forfeited 2,048,030 Class B Ordinary Shares to CF Corporation.
- [F3]Pursuant to a reclassification exemption under Rule 16b-7, the Issuer re-designated each Class A Ordinary Share (par value $0.0001 per share) as Ordinary Shares (par value $0.0001 per share) on November 30, 2017. Therefore, for purposes of this filing, all Class A Ordinary Shares are referred herein as Ordinary Shares.
- [F4]Warrants acquired by the Reporting Entity, pursuant to the conversion of a $1,500,000 loan made to CF Corporation pursuant to the convertible note, dated November 29, 2017, between CF Corporation and the Reporting Entity.