4//SEC Filing
Freedman Edward K. 4
Accession 0001213900-20-030871
CIK 0001781162other
Filed
Oct 8, 8:00 PM ET
Accepted
Oct 9, 5:50 PM ET
Size
9.7 KB
Accession
0001213900-20-030871
Insider Transaction Report
Form 4
Freedman Edward K.
10% Owner
Transactions
- Other
Class B Common Stock
2020-10-07−176,471→ 4,136,029 total(indirect: See Footnote)→ Class A Common Stock (176,471 underlying) - Other
Class B Common Stock
2020-10-07+176,471→ 176,471 total(indirect: See Footnote)→ Class A Common Stock (176,471 underlying)
Footnotes (4)
- [F1]These shares represent Class B common stock held by SRC-NI Holdings, LLC (the "Sponsor") that were transferred from Sponsor to SRAC PIPE Partners LLC (the "Recipient") pursuant to a transfer agreement entered into on October 7, 2020, by and between the Sponsor and the Recipient for no consideration.
- [F2]As described in the registrant's registration statement on Form S-1 (File No. 333-233980) under the heading "Description of Securities--Founder Shares and Placement Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the registrant's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date.
- [F3]Brian Kabot, the Chief Executive Officer and Chairman of the registrant, Juan Manuel Quiroga, the Chief Investment Officer and Secretary of the registrant, and Edward Freedman, are the managers of the Sponsor and have voting and investment discretion with respect to the securities held by the Sponsor. As such, the reporting person may be deemed to share beneficial ownership of the securities held directly by the Sponsor. The reporting person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- [F4]Stable Road Capital LLC is the managing member (the "Managing Member") of the Recipient. Edward Freedman is the sole member of the Managing Member. As such, the reporting person may be deemed to possess beneficial ownership of the securities held directly by the Recipient. The reporting person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
Documents
Issuer
Stable Road Acquisition Corp.
CIK 0001781162
Entity typeother
Related Parties
1- filerCIK 0001786735
Filing Metadata
- Form type
- 4
- Filed
- Oct 8, 8:00 PM ET
- Accepted
- Oct 9, 5:50 PM ET
- Size
- 9.7 KB