Jacobs Ian Seth 4
4 · Peninsula Acquisition Corp · Filed Feb 14, 2020
Insider Transaction Report
Form 4
Jacobs Ian Seth
DirectorPresident, Sec., CEO, and CFO
Transactions
- Other
Common Stock, par value $0.0001
2020-02-12−25,000→ 125,000 total
Footnotes (1)
- [F1]Pursuant to the terms and conditions of that certain Agreement and Plan of Merger and Reorganization, dated as of February 12, 2020, by and among Transphorm, Inc., f/k/a Peninsula Acquisition Corporation (the "Issuer"), Peninsula Acquisition Sub, Inc. ("Acquisition Sub"), and Transphorm Technology, Inc., f/k/a Transphorm, Inc. ("Transphorm"), on February 12, 2020, Acquisition Sub merged with and into Transphorm, with Transphorm continuing as the surviving entity (the "Merger") and as the Issuer's wholly-owned subsidiary. Pursuant to the terms of a stock forfeiture letter, the reporting person forfeited and canceled 25,000 shares of the Issuer's common stock immediately prior to the consummation of the Merger.