Pendrell Holicity Holdings Corp 4
4 · Holicity Inc. · Filed Sep 22, 2020
Insider Transaction Report
Form 4
Pendrell Holicity Holdings Corp
10% Owner
Transactions
- Other
Class B Common Stock
2020-09-21−406,250→ 6,731,100 total→ Class A Common Stock (406,250 underlying)
Footnotes (3)
- [F1]On September 21, 2020, Pendrell Holicity Holdings Corporation ("PHHC") forfeited at no cost 406,250 shares of Class B common stock of the Issuer in connection with the election by the underwriters of the Issuer's initial public offering of units to decline to exercise a portion of the option granted to them to cover over-allotments.
- [F2]The shares of Class B common stock are convertible for shares of the Issuer's Class A common stock as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333 - 239926 (the "Registration Statement") and have no expiration date.
- [F3]PHHC is the record holder of the securities reported herein. Mr. McCaw is the Co-CEO and more than 10% owner of Pendrell Corporation (PCO) which owns 100% of PHHC. Mr. McCaw shares voting and investment discretion with respect to the common stock held of record by PCO. Mr. McCaw disclaims any beneficial ownership of any shares held by PCO or PHHC.