Orekar Andrew J. 4
4 · Tortoise Acquisition Corp. · Filed Mar 6, 2019
Insider Transaction Report
Form 4
Orekar Andrew J.
Director
Transactions
- Other
Class B Common Stock
2019-03-04+40,000→ 40,000 total→ Class A Common Stock (40,000 underlying)
Footnotes (2)
- [F1]The shares of Class B Common Stock are automatically convertible into shares of the Issuer's Class A Common Stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. The Shares of Class B Common Stock are subject to forfeiture under certain circumstances relating to Mr. Orekar's service on the Issuer's Board of Directors.
- [F2]In connection with the closing of the Issuer's initial public offering and Mr. Orekar's appointment to the Issuer's Board of Directors, Tortoise Sponsor LLC transferred 40,000 shares of Class B Common Stock to Mr. Orekar.