Conyers Park II Sponsor LLC 4
4 · Conyers Park II Acquisition Corp. · Filed Sep 3, 2019
Insider Transaction Report
Form 4
Conyers Park II Sponsor LLC
10% Owner
Transactions
- Other
Class B common stock
2019-09-03−250,000→ 11,150,000 total→ Class A common stock (250,000 underlying)
Footnotes (2)
- [F1]This Form 4 reflects the automatic surrender to the issuer of 250,000 shares of the issuer's Class B common stock, par value $0.0001 per share, for no consideration by the reporting person pursuant to contractual arrangements with the issuer, triggered by the election by the underwriters of the issuer's initial public offering only to partially exercise their option to purchase additional units.
- [F2]As described in the issuer's registration statement on Form S-1 (File No. 333-232449) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock will automatically convert into shares of Class B common stock at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.