TYPALDOS ANDREAS 4
4 · Petra Acquisition Inc. · Filed Oct 21, 2020
Insider Transaction Report
Form 4
TYPALDOS ANDREAS
DirectorChief Executive Officer10% Owner
Transactions
- Other
Redeemable Warrant
2020-10-16$1.00/sh+83,446$83,446→ 3,233,446 total(indirect: See Footnote)→ Common Stock (83,446 underlying)
Footnotes (5)
- [F1]The reporting person is a member of Petra Investment Holdings, LLC ("Sponsor"). He disclaims any pecuniary interest in the securities except to the extent of his ownership interest in Petra Investment Holdings, LLC.
- [F2]Includes securities underlying private warrants of the Issuer. The purchase of these warrants was made on a private placement basis and was consummated pursuant to the Sponsor's Subscription Agreement for Private Warrants, dated October 7, 2020, simultaneously with the underwriters partial exercise of their over-allotment option on October 16, 2020 in connection with the Issuer's initial public offering.
- [F3]Each whole warrant entitles the holder to purchase one share of common stock at a price of $11.50 per share, subject to adjustment in the event of certain capital-raising transactions.
- [F4]Each warrant will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination or October 7, 2021.
- [F5]Each warrant will expire five years after the completion of the Issuer's initial business combination.