Acamar Partners Sponsor I LLC 4
4 · Acamar Partners Acquisition Corp. · Filed Apr 11, 2019
Insider Transaction Report
Form 4
Acamar Partners Sponsor I LLC
10% Owner
Transactions
- Other
Class B Common Stock
2019-04-09−985,670→ 7,639,330 total→ Class A Common Stock (985,670 underlying)
Footnotes (2)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-229157) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights.
- [F2]As contemplated in connection with the initial public offering of the issuer, 985,670 shares of Class B common stock were returned by Acamar Partners Sponsor I LLC (the "Sponsor") to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full.