Singer Samantha L. 4
4 · 5:01 Acquisition Corp. · Filed Nov 18, 2020
Insider Transaction Report
Form 4
Singer Samantha L.
Director
Transactions
- Other
Class B Common Stock
2020-11-17+30,000→ 30,000 total→ Class A Common Stock (30,000 underlying)
Footnotes (2)
- [F1]The shares of Class B common stock are automatically convertible into the issuer's shares of Class A common stock 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 shares of Class B common stock are subject to forfeiture under certain circumstances relating to the Reporting Person's service on the issuer's Board of Directors.
- [F2]In connection with the Reporting Person's appointment to the issuer's Board of Directors, 5:01 Acquisition LLC transferred 30,000 shares of Class B common stock to the Reporting Person.