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4//SEC Filing

Choudhrie Bhanu 4

Accession 0001213900-18-013014

CIK 0001725872other

Filed

Sep 24, 8:00 PM ET

Accepted

Sep 25, 9:04 PM ET

Size

6.9 KB

Accession

0001213900-18-013014

Insider Transaction Report

Form 4
Period: 2018-09-21
Choudhrie Bhanu
Director10% Owner
Transactions
  • Other

    Class B Common Stock

    2018-09-2180,2784,232,222 total(indirect: See footnote)
    Class A Common Stock (80,278 underlying)
Footnotes (3)
  • [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-226270) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock 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 has no expiration date.
  • [F2]As contemplated in connection with the initial public offering of the issuer, 80,278 shares of Class B common stock of the issuer were returned by MFA Investor Holdings LLC (the "Sponsor") to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full.
  • [F3]These shares represent the Class B common stock held by the Sponsor acquired pursuant to a subscription agreement by and between the Sponsor and the issuer. Mr. Choudhrie is a managing member of the Sponsor, and shares the voting and dispositive power of the securities held by the Sponsor. Accordingly, Mr. Choudhrie may be deemed to have or share beneficial ownership of such shares. Mr. Choudhrie disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Issuer

Megalith Financial Acquisition Corp

CIK 0001725872

Entity typeother

Related Parties

1
  • filerCIK 0001497036

Filing Metadata

Form type
4
Filed
Sep 24, 8:00 PM ET
Accepted
Sep 25, 9:04 PM ET
Size
6.9 KB