Sustainable Opportunities Holdings LLC 4
4 · Sustainable Opportunities Acquisition Corp. · Filed Jun 22, 2020
Insider Transaction Report
Form 4
Transactions
- Other
Class B ordinary shares
2019-06-19−1,125,000→ 7,410,000 total→ Class A ordinary shares (1,125,000 underlying)
Footnotes (3)
- [F1]This Form 4 reflects the automatic surrender to the issuer of 1,125,000 of the issuer's Class B ordinary shares, par value $0.0001 per share, for no consideration by the reporting person pursuant to contractual arrangements with the issuer, triggered by the expiration of the option of the underwriter of the issuer's initial public offering to purchase additional units.
- [F2]As described in the issuer's registration statement on Form S-1 (File No. 333-237245) under the heading "Description of Securities -- Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F3]Scott Leonard and Scott Honour have voting and investment discretion with respect to the securities held by the reporting person and may be deemed to have shared beneficial ownership of the securities held directly by the reporting person. The business address of each of these individuals is c/o Sustainable Opportunities Acquisition Corp., 1601 Bryan Street, Suite 4141, Dallas, TX 75201.