TISHMAN SPEYER PROPERTIES L P 4
4 · Tishman Speyer Innovation Corp. II · Filed Mar 30, 2021
Insider Transaction Report
Form 4
Transactions
- Other
Class B common stock
2021-03-28−1,125,000→ 7,356,000 total→ Class A common stock (1,125,000 underlying)
Footnotes (3)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-252423), the shares of Class B common stock, par value $0.0001 per share, will automatically convert into shares of Class A common stock, par value $0.0001 per share, of the issuer 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 and have no expiration date.
- [F2]Forfeiture to the issuer for no consideration because the underwriters for the issuer's initial public offering did not fully exercise the over-allotment option.
- [F3]Represents 7,356,000 shares of Class B common stock directly held by Tishman Speyer Innovation Sponsor II, L.L.C. (the "Sponsor"). The manager of the Sponsor is Tishman Speyer Properties, L.P. ("Tishman Speyer"). The general partner of Tishman Speyer is Tishman Speyer Properties, Inc. ("Tishman Speyer GP"). Robert J. Speyer, Chairman and Chief Executive Officer of the issuer, and Jerry I. Speyer are the co-trustees of a voting trust that holds all voting common stock in Tishman Speyer GP and therefore may be deemed to share voting and investment power with respect to the securities subject to this report. Each of the reporting persons disclaims any beneficial ownership of the securities subject to this report, except to the extent of any pecuniary interest therein.