FinTech Masala Holdings, LLC 4
4 · Fintech Acquisition Corp V · Filed Dec 10, 2020
Insider Transaction Report
Form 4
Cohen Sponsor Interests V, LLC
10% Owner
Transactions
- Other
Class B Common Stock
2020-12-08−23,333→ 5,886,667 total(indirect: By LLC)→ Class A Common Stock (23,333 underlying)
Footnotes (4)
- [F1]The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents and have no expiration date.
- [F2]Forfeiture and cancellation of shares of Class B common stock for no consideration because the underwriters' over-allotment option was not exercised in full.
- [F3]The reporting persons disclaim beneficial ownership of these securities, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting persons are the beneficial owners of such securities for any other purpose.
- [F4]These shares are held directly by the issuer's sponsor, FinTech Masala Advisors V, LLC, which is managed by Cohen Sponsor Interests V, LLC. FinTech Masala, LLC is the sole member of Cohen Sponsor Interests V, LLC. FinTech Masala Holdings, LLC is the sole member of FinTech Masala, LLC. As a result, each of Cohen Sponsor Interests V, LLC, FinTech Masala, LLC and FinTech Masala Holdings, LLC shares voting and investment power over the issuer's shares held directly by FinTech Masala Advisors V, LLC.