patel Paresh Dinesh 4
4 · Natural Order Acquisition Corp. · Filed Nov 17, 2020
Insider Transaction Report
Form 4
patel Paresh Dinesh
DirectorPresident & CEO10% Owner
Transactions
- Purchase
Private Warrants to purchase Common Stock
2020-11-13+6,800,000→ 6,800,000 total(indirect: see footnote)→ Common Stock (3,400,000 underlying)
Footnotes (3)
- [F1]Simultaneously with the consummation of the Issuer's initial public offering, Natural Order Sponsor LLC, over which the Reporting Person shares voting and dispositive power, acquired from the Issuer in a private placement warrants ("Private Warrants") at $1.00 per Private Warrant, with each Private Warrant entitling the holder to acquire 1/2 of one share of Issuer's common stock.
- [F2]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.
- [F3]Warrants will expire five years after the completion of an initial business combination by the Issuer, or earlier upon redemption or liquidation.