Savas Zachary E. 4
4 · ALTA EQUIPMENT GROUP INC. · Filed Feb 19, 2020
Insider Transaction Report
Form 4
Savas Zachary E.
Director
Transactions
- Other
Common Stock
2020-02-14+26,316→ 26,316 total - Other
Private Placement Warrants
2020-02-14+9,375→ 9,375 totalExercise: $11.50From: 2020-03-15Exp: 2025-03-15→ Common Stock (9,375 underlying)
Footnotes (2)
- [F1]Pursuant to a securities purchase agreement (the "agreement"), the Reporting Person purchased 25,000 shares of Issuer common stock from a private seller at a price of $10.00 per share. Pursuant to the terms of the agreement, concurrent with the purchase of the 25,000 shares, the private seller assigned an additional 1,316 shares of Issuer common stock and 9,375 Issuer private placement warrants to the Reporting Person at no additional cost.
- [F2]Each private placement warrant is exercisable for one share of Issuer common stock at $11.50 per share, as described under the heading "Description of Securities-Warrants-Private Placement Warrants" in the Issuer's Definitive Proxy Statement filed with the Securities and Exchange Commission on January 23, 2020.