4//SEC Filing
GigAcquisitions3, LLC 4
Accession 0001209191-20-029783
CIK 0001802749other
Filed
May 14, 8:00 PM ET
Accepted
May 15, 5:26 PM ET
Size
10.3 KB
Accession
0001209191-20-029783
Insider Transaction Report
Form 4
GigCapital3, Inc.GIK.U
Katz Avi S
DirectorCEO, Pres, Exec Chairman10% Owner
Transactions
- Purchase
Common Stock
2020-05-13$10.00/sh+650,000$6,500,000→ 6,385,000 total(indirect: By LLC) - Purchase
Private Warrants
2020-05-13$10.00/sh+487,500$4,875,000→ 487,500 total(indirect: By LLC)Exercise: $11.50→ Common Stock (487,500 underlying)
GigAcquisitions3, LLC
10% Owner
Transactions
- Purchase
Common Stock
2020-05-13$10.00/sh+650,000$6,500,000→ 6,385,000 total(indirect: By LLC) - Purchase
Private Warrants
2020-05-13$10.00/sh+487,500$4,875,000→ 487,500 total(indirect: By LLC)Exercise: $11.50→ Common Stock (487,500 underlying)
Footnotes (5)
- [F1]$10.00 is the price per Private Unit, with each Private Unit consisting of (i) one share of Common Stock and (ii) three-fourths of one Private Warrant with each whole warrant exercisable at price of $11.50 per share of Common Stock.
- [F2]Includes 5,735,000 founder shares of Common Stock previously reported in the Form 3 filed by the Reporting Persons on May 5, 2020. Includes up to 750,000 shares of Common Stock that are subject to forfeiture depending on the extent to which the underwriters' over-allotment is exercised, if at all.
- [F3]The Common Stock and Private Warrants are held directly by GigAcquisitions3, LLC (the "Sponsor"). The Common Stock and Private Warrants held by the Sponsor are beneficially owned by Dr. Katz, GigCapital3, Inc.'s Executive Chairman of the Board of Directors, Chief Executive Officer, President and Secretary. Dr. Katz is also the Manager of the Sponsor, who has sole voting and dispositive power over the shares held by the Sponsor.
- [F4]The Private Warrants will become exercisable on the later of 30 days after the completion of the Company's initial business combination or 12 months from the completion of the Company's initial public offering.
- [F5]The Private Warrants will expire on the fifth anniversary of the Company's completion of its initial business combination.
Documents
Issuer
GigCapital3, Inc.
CIK 0001802749
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001808998
Filing Metadata
- Form type
- 4
- Filed
- May 14, 8:00 PM ET
- Accepted
- May 15, 5:26 PM ET
- Size
- 10.3 KB