Apex Technology Sponsor LLC 3
3 · Apex Technology Acquisition Corp · Filed Sep 16, 2019
Insider Transaction Report
Form 3
Apex Technology Sponsor LLC
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (8,768,750 underlying)
Footnotes (2)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-233299) under the heading "Description of Securities--Founder Shares and Placement 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]These shares represent Class B common stock held by Apex Technology Sponsor LLC (the "Sponsor") acquired pursuant to a subscription agreement by and between the Sponsor and the issuer. The Class B common stock owned by the Sponsor includes up to 1,143,750 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 as described in the issuer's registration statement.