Cubbage Vincent T. 4
4 · Tortoise Acquisition Corp. · Filed Mar 6, 2019
Insider Transaction Report
Form 4
Cubbage Vincent T.
Director
Transactions
- Purchase
Class A Common Stock
2019-03-04$10.00/sh+25,000$250,000→ 25,000 total - Purchase
Warrant
2019-03-04$10.00/sh+12,500$125,000→ 12,500 total→ Class A Common Stock (12,500 underlying)
Footnotes (2)
- [F1]Includes securities underlying 25,000 units of the Issuer purchased for $10.00 per unit. Each unit consists of one share of the Issuer's Class A common stock and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one share of the Issuer's Class A common stock at an exercise price of $11.50 per share. The warrants will become exercisable on the later of (i) 30 days after the completion of the Issuer's initial business combination, and (ii) 12 months from the closing of the Issuer's initial public offering, and will expire upon the earlier of (a) five years after the completion of the Issuer's initial business combination, or (b) upon the liquidation of the Issuer.
- [F2]Reporting Person purchased the securities directly from the underwriters in connection with the Issuer's initial public offering.