4//SEC Filing
WALSH MARK A 4
Accession 0001213900-19-004584
CIK 0001759546other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 7:20 PM ET
Size
6.8 KB
Accession
0001213900-19-004584
Insider Transaction Report
Form 4
WALSH MARK A
Director
Transactions
- Other
Class B Common Stock
2019-03-18−187,500→ 6,187,500 total(indirect: See footnote)→ Class A Common Stock (187,500 underlying)
Footnotes (3)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-229286) 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 on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
- [F2]As contemplated in connection with the initial public offering of the issuer, 187,500 shares of Class B common stock were returned by DiamondPeak Sponsor 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 of the issuer held by the Sponsor acquired pursuant to a subscription agreement by and between the Sponsor and the issuer. Mr. Walsh, a director of the issuer, is a managing member of SP SPAC Sponsor LLC. SP SPAC Sponsor LLC is a managing member of the Sponsor and shares the voting and dispositive power of the securities held by the Sponsor. Accordingly, each of Mr. Walsh and SP SPAC Sponsor LLC may be deemed to share beneficial ownership of such shares. Each of Mr. Walsh and SP SPAC Sponsor LLC disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
Documents
Issuer
DiamondPeak Holdings Corp.
CIK 0001759546
Entity typeother
Related Parties
1- filerCIK 0001214575
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 7:20 PM ET
- Size
- 6.8 KB