4//SEC Filing
HCMC Sponsor LLC 4
Accession 0001213900-19-026560
CIK 0001791091other
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 4:01 PM ET
Size
9.0 KB
Accession
0001213900-19-026560
Insider Transaction Report
Form 4
HCMC Sponsor LLC
10% Owner
Transactions
- Other
Class B Common Stock
2019-12-17−75,000→ 6,250,000 total→ Class A Common Stock (75,000 underlying) - Purchase
Class A Common Stock
2019-12-17$10.00/sh+700,000$7,000,000→ 700,000 total
Footnotes (4)
- [F1]These shares are underlying units (each unit consisting of one share of Class A common stock and one-half of one warrant, each whole warrant exercisable to purchase one share of Class A common stock) held by HCMC Sponsor LLC (the "Sponsor"), acquired pursuant to a unit subscription agreement by and between the Sponsor and the issuer. Does not include 6,250,000 shares of Class B common stock, which shares 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.
- [F2]Steven Shulman, the Chief Executive Officer and a director of the issuer and Charles J. Ditkoff, the President and a director of the issuer are the managing members of the Sponsor and have voting and investment discretion with respect to the securities held by the Sponsor. As such, each of Mr. Shulman and Mr. Ditkoff may be deemed to share beneficial ownership of the securities held directly by the Sponsor. Each such person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
- [F3]As described in the issuer's registration statement on Form S-1 (File No. 333-235253) 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 and has no expiration date.
- [F4]As contemplated in connection with the initial public offering of the issuer, 75,000 shares of Class B common stock of the issuer were returned by the reporting person to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full.
Documents
Issuer
Healthcare Merger Corp.
CIK 0001791091
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001791461
Filing Metadata
- Form type
- 4
- Filed
- Dec 18, 7:00 PM ET
- Accepted
- Dec 19, 4:01 PM ET
- Size
- 9.0 KB