4//SEC Filing
Tsirigakis Prokopios Akis 4
Accession 0001213900-18-018009
CIK 0001665300other
Filed
Dec 27, 7:00 PM ET
Accepted
Dec 28, 9:36 PM ET
Size
20.9 KB
Accession
0001213900-18-018009
Insider Transaction Report
Form 4
Tsirigakis Prokopios Akis
DirectorCo-CEO, Chairman and President10% Owner
Transactions
- Other
Common Stock
2018-12-26−126,368→ 796,957 total(indirect: See Footnote) - Other
Common Stock
2018-12-26−317,371→ 387,897 total(indirect: See Footnote) - Award
Warrant
2018-12-26+664,742→ 4,354,873 total(indirect: See footnote)Exercise: $11.50From: 2019-01-25Exp: 2021-08-23→ Common Stock (664,742 underlying) - Other
Common Stock
2018-12-26−91,689→ 705,268 total(indirect: See Footnote) - Award
Warrant
2018-12-26$0.50/sh+3,985,244$1,992,622→ 3,985,244 total(indirect: See footnote)Exercise: $11.50From: 2019-01-25Exp: 2021-08-23→ Common Stock (3,985,244 underlying) - Other
Warrant
2018-12-26−295,113→ 3,690,131 total(indirect: See footnote)Exercise: $11.50From: 2019-01-25Exp: 2021-08-23→ Common Stock (295,113 underlying)
Astra Maritime Corp
10% Owner
Transactions
- Other
Common Stock
2018-12-26−91,689→ 705,268 total(indirect: See Footnote) - Award
Warrant
2018-12-26$0.50/sh+3,985,244$1,992,622→ 3,985,244 total(indirect: See footnote)Exercise: $11.50From: 2019-01-25Exp: 2021-08-23→ Common Stock (3,985,244 underlying) - Other
Common Stock
2018-12-26−126,368→ 796,957 total(indirect: See Footnote) - Award
Warrant
2018-12-26+664,742→ 4,354,873 total(indirect: See footnote)Exercise: $11.50From: 2019-01-25Exp: 2021-08-23→ Common Stock (664,742 underlying) - Other
Common Stock
2018-12-26−317,371→ 387,897 total(indirect: See Footnote) - Other
Warrant
2018-12-26−295,113→ 3,690,131 total(indirect: See footnote)Exercise: $11.50From: 2019-01-25Exp: 2021-08-23→ Common Stock (295,113 underlying)
Dominium Investments Inc
10% Owner
Transactions
- Other
Common Stock
2018-12-26−126,368→ 796,957 total(indirect: See Footnote) - Other
Common Stock
2018-12-26−91,689→ 705,268 total(indirect: See Footnote) - Award
Warrant
2018-12-26$0.50/sh+3,985,244$1,992,622→ 3,985,244 total(indirect: See footnote)Exercise: $11.50From: 2019-01-25Exp: 2021-08-23→ Common Stock (3,985,244 underlying) - Other
Warrant
2018-12-26−295,113→ 3,690,131 total(indirect: See footnote)Exercise: $11.50From: 2019-01-25Exp: 2021-08-23→ Common Stock (295,113 underlying) - Award
Warrant
2018-12-26+664,742→ 4,354,873 total(indirect: See footnote)Exercise: $11.50From: 2019-01-25Exp: 2021-08-23→ Common Stock (664,742 underlying) - Other
Common Stock
2018-12-26−317,371→ 387,897 total(indirect: See Footnote)
Footnotes (7)
- [F1]To facilitate the business combination (the "Business Combination") between Stellar Acquisition III Inc. (the "Issuer") and Phunware Inc. ("Phunware") consummated on December 26, 2018, Astra Maritime Corp. and Dominium Investments Inc. (the "Sponsors") agreed to assign an aggregate of 126,368 shares of common stock issued to them in 2016 (the "Sponsor Shares") to certain investor.
- [F2]Prokopios (Akis) Tsirigakis is the sole officer and director of each of the Sponsors and accordingly is deemed the beneficial owner of the shares held by the Sponsors and has sole voting and dispositive control over such securities.
- [F3]In connection with the Business Combination, the Sponsors agreed to assign an aggregate of 91,689 Sponsor Shares to certain service providers.
- [F4]In connection with the Business Combination, the Sponsors agreed to forfeit an aggregate of 317,371 Sponsor Shares at no cost.
- [F5]The Sponsors acquired these warrants for a purchase price of $0.50 per warrant in connection with the Issuer's initial public offering. The warrants become eligible for exercise 30 days following the consummation of the Business Combination. Because the exercise of the warrants was contingent upon the closing of the Issuer's initial business combination, these warrants were not reported at the time of acquisition. The acquisition is being reported now in connection with the consummation of the Business Combination on December 26, 2018.
- [F6]To facilitate the Business Combination, the Sponsors agreed to assign 250,000 of the warrants it previously held to certain investor and 45,113 of such warrants to certain service provider.
- [F7]In connection with conversion of promissory notes previously issued to the Sponsors, the Sponsors were issued an aggregate of 664,724 warrants.
Documents
Issuer
Stellar Acquisition III Inc.
CIK 0001665300
Entity typeother
Related Parties
1- filerCIK 0001333844
Filing Metadata
- Form type
- 4
- Filed
- Dec 27, 7:00 PM ET
- Accepted
- Dec 28, 9:36 PM ET
- Size
- 20.9 KB