Dioptra Advisors, LLC 3
3 · Insurance Acquisition Corp. · Filed Mar 19, 2019
Insider Transaction Report
Form 3
Dioptra Advisors, LLC
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (3,228,333 underlying)
Footnotes (2)
- [F1]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 on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents and have no expiration date.
- [F2]These shares represent Class B common stock held by the reporting person acquired pursuant to a securities assignment agreement by and between the reporting person and Insurance Acquisition Sponsor, LLC. The shares of Class B common stock owned by the reporting person include up to 655,000 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option.