Legacy Acquisition Sponsor I LLC 4
4 · Legacy Acquisition Corp. · Filed Nov 29, 2017
Insider Transaction Report
Form 4
Legacy Acquisition Sponsor I LLC
10% Owner
Transactions
- Other
Class F Common Stock
2017-11-27−1,125,000→ 7,500,000 total→ Class A Common Stock (1,125,000 underlying)
Footnotes (2)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-221116) under the heading "Description of Securities--Founder Shares", the shares of Class F common stock will automatically convert into 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 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, 1,125,000 shares of Class F common stock, par value $0.0001 per share, were returned to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised.