4//SEC Filing
Preston Dan 4
Accession 0001209191-22-002607
CIK 0001841408other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 8:40 PM ET
Size
6.5 KB
Accession
0001209191-22-002607
Insider Transaction Report
Form 4
Preston Dan
Director
Transactions
- Award
Stock Option (right to buy)
2022-01-05+772,000→ 772,000 totalExercise: $0.03Exp: 2028-01-25→ Class A Common Stock (772,000 underlying)
Footnotes (3)
- [F1]On January 5, 2022, pursuant to that certain Agreement and Plan of Merger, dated as of June 7, 2021 (the "Merger Agreement"), by and among VPC Impact Acquisition Holdings III, Inc. (the "Issuer"), Dave Inc., a Delaware corporation ("Legacy Dave"), and the other parties thereto, the Issuer completed its initial business combination (the "Business Combination"). As a result of the Business Combination, the Issuer changed its name to Dave Inc. In connection with the Business Combination and in accordance with the Merger Agreement, an option to purchase 570,000 shares of Class A Common Stock of Legacy Dave held by the Reporting Person was converted into an option to purchase 772,000 shares of Class A Common Stock of the Issuer. The issuance of the option was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
- [F2]This exercise price reflects the conversion of Legacy Dave options to options to purchase shares of Class A Common Stock of the Issuer.
- [F3]The option is fully vested and exercisable.
Documents
Issuer
VPC Impact Acquisition Holdings III, Inc.
CIK 0001841408
Entity typeother
Related Parties
1- filerCIK 0001843122
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 8:40 PM ET
- Size
- 6.5 KB