patel Paresh Dinesh 4
4 · Natural Order Acquisition Corp. · Filed Nov 16, 2020
Insider Transaction Report
Form 4
patel Paresh Dinesh
DirectorPresident & CEO10% Owner
Transactions
- Purchase
Common Stock
2020-11-11$10.05/sh+10,900$109,545→ 11,000 total(indirect: See Footnote) - Purchase
Warrants to purchase Common Stock
2020-11-11+11,000→ 11,000 total(indirect: See Footnote)→ Common Stock (5,500 underlying) - Purchase
Common Stock
2020-11-11$10.04/sh+100$1,004→ 100 total(indirect: See Footnote) - Purchase
Common Stock
2020-11-11$10.00/sh+500,000$5,000,000→ 511,000 total(indirect: See Footnote) - Purchase
Warrants to purchase Common Stock
2020-11-11+500,000→ 511,000 total(indirect: See Footnote)→ Common Stock (250,000 underlying)
Holdings
- 5,650,000(indirect: See Footnote)
Common Stock
Footnotes (6)
- [F1]Represents shares of common stock held by Natural Order Sponsor LLC, over which Paresh Patel shares voting and dispositive power.
- [F2]In connection with the Issuer's initial public offering, Mr. Patel acquired Units at $10.00 per Unit, with each Unit consisting of one share of common stock, $0.0001 par value and one redeemable warrant to acquire 1/2 of one share of common stock.
- [F3]Held by Mr. Patel's children.
- [F4]Held by Mr. Patel's spouse, Nirva Patel.
- [F5]Warrants will become exercisable at $11.50 per share of common stock on the later of (i) the consummation of an initial business combination by the Issuer, or (ii) November 13, 2021.
- [F6]Warrants will expire five years after the completion of an initial business combination by the Issuer, or earlier upon redemption or liquidation.