Gieselman Scott 4
4 · Switchback Energy Acquisition Corp · Filed Sep 6, 2019
Insider Transaction Report
Form 4
Gieselman Scott
Director10% Owner
Transactions
- Purchase
Private Placement Warrants
2019-09-06$1.50/sh+188,235$282,353→ 5,521,568 total(indirect: See footnote)Exercise: $11.50→ Class A Common Stock (188,235 underlying)
Footnotes (3)
- [F1]The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination and 12 months from the closing of the Issuer's initial public offering.
- [F2]The warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described in the prospectus for the Issuer's initial public offering.
- [F3]NGP Switchback, LLC is the record holder of the private placement warrants reported herein. Mr. Gieselman is a manager of NGP Switchback, LLC. As such, Mr. Gieselman may be deemed to have or share beneficial ownership of the private placement warrants held directly by NGP Switchback, LLC.