Greenrose Associates LLC 3
3 · Greenrose Acquisition Corp · Filed Feb 10, 2020
Insider Transaction Report
Form 3
Greenrose Associates LLC
10% Owner
Holdings
Redeemable Warrant
→ Common Stock (1,200,000 underlying)- 4,512,500
Common Stock
Footnotes (6)
- [F1]This reporting person has irrevocably committed to purchase 200,000 units and 1,000,000 warrants prior to the effective date of the registration statement relating to the Issuer's initial public offering. Each unit consists of one share of common stock and one warrant, with each whole warrant entitling the holder to purchase one share of common stock. The purchase of these units and warrants is being made on a private placement basis and will be consummated simultaneously with the consummation of the Issuer's initial public offering. Does not include securities underlying up to 20,000 additional units and 100,000 additional warrants which the reporting person irrevocably committed to purchase in the event the underwriters in the Issuer's initial public offering exercise their overallotment option in full.
- [F2]Consists of: (i) 4,312,500 shares of common stock issued to the reporting person in connection with the Issuer's formation, including up to 562,500 shares of common stock that may be forfeited if the underwriters in the Issuer's initial public offering do not exercise the overallotment option in full and (2) 200,000 shares of common stock included in the units to be purchased by the reporting person in connection with the Issuer's public offering.
- [F3]Each warrant will become exercisable on the later of 30 days after completion of the Issuer's initial combination or February 10, 2021.
- [F4]Each warrant will expire five years after the completion of the Issuer's initial business combination.
- [F5]Consists of: (i) 200,000 shares of common stock underlying warrants included in the units to be purchased by the reporting person in connection with the Issuer's public offering and (ii) 1,000,000 shares of common stock underlying warrants to be purchased by the reporting person in connection with the Issuer's public offering.
- [F6]Each whole warrant entitles the holder to purchase one share of common stock at a price of $11.50 per share, subject to adjustment.