E.Merge Technology Sponsor LLC 4
4 · E.Merge Technology Acquisition Corp. · Filed Sep 9, 2020
Insider Transaction Report
Form 4
E.Merge Technology Sponsor LLC
10% Owner
Transactions
- Other
Class B Common Stock
2020-09-04−7,500→ 15,000,000 total(indirect: See footnote)→ Class A Common Stock (7,500 underlying)
Footnotes (3)
- [F1]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. The Class B common stock has no expiration date.
- [F2]As contemplated in connection with the initial public offering of the Issuer, 7,500 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.
- [F3]E.Merge Technology Sponsor LLC ("Sponsor") is the record holder of the securities reported herein. Alex Vieux and Steven Fletcher are managing members of the Sponsor and indirectly principals of Explorer Parent LLC, whose managing member is Founder Holdings LLC. By virtue of these relationships, each of them may be deemed to share beneficial ownership of the securities held of record by Sponsor. Each of them disclaims any such beneficial ownership except to the extent of their pecuniary interest therein.