Healthcare Capital Sponsor LLC 4
4 · Healthcare Capital Corp/DE · Filed Jan 22, 2021
Insider Transaction Report
Form 4
MILCH DAVID MARK
Director10% Owner
Transactions
- Other
Class B Common Stock
2021-01-20−25,000→ 6,875,000 total(indirect: See footnote)→ Class A Common Stock (25,000 underlying)
Footnotes (3)
- [F1]The shares of Class B common stock will automatically convert into shares of Class A common stock upon the consummation of the Issuer's initial business combination on a one-for-one basis. The Class B common stock has no expiration date.
- [F2]As contemplated in connection with the initial public offering of the Issuer, 25,000 shares of Class B common stock of the Issuer were returned by the reporting persons to the Issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full.
- [F3]Healthcare Capital Sponsor LLC (the "Sponsor") is the record holder of the shares of Class B common stock reported herein. Dr. Milch is the managing member of the Sponsor and has voting and investment discretion with respect to the common stock held of record by the Sponsor. By virtue of this relationship, Dr. Milch may be deemed to have beneficial ownership of the securities held of record by the Sponsor. He disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.