Spartan Energy Acquisition Sponsor LLC 4
4 · Fisker Inc./DE · Filed Nov 2, 2020
Insider Transaction Report
Form 4
Transactions
- Conversion
Class A Common Stock
2020-10-29+12,946,324→ 12,946,324 total - Other
Class B Common Stock
2020-10-29−441,176→ 12,946,324 total→ Class A Common Stock (441,176 underlying) - Conversion
Class B Common Stock
2020-10-29−12,946,324→ 0 total→ Class A Common Stock (12,946,324 underlying)
Footnotes (4)
- [F1]In connection with the closing of the business combination between Spartan Energy Acquisition Corp. ("Spartan"), Spartan Merger Sub Inc. and Fisker Inc. on October 29, 2020 (the "Business Combination"), the Reporting Person's shares of Class B Common Stock automatically converted into shares of Spartan's Class A Common Stock on a one-for-one basis. Upon consummation of the business combination, Spartan changed its name to "Fisker Inc."
- [F2]See Exhibit 99.1.
- [F3]Immediately prior to the closing of the Business Combination, the Reporting Person automatically and irrevocably surrendered and forfeited to Spartan, for no consideration and as a contribution to Spartan's capital, 441,176 shares of Class B Common Stock.
- [F4]The shares of Class B Common Stock are automatically convertible into shares of Class A Common Stock at the time of Spartan's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date.