Velocity Sponsor LLC 3
3 · Velocity Acquisition Corp. · Filed Feb 22, 2021
Insider Transaction Report
Form 3
Velocity Sponsor LLC
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (5,750,000 underlying)
Footnotes (1)
- [F1]The shares of Class B common stock are convertible for shares of the Issuer's Class A common stock as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-249686) (the "Registration Statement") and have no expiration date. The shares of Class B common stock beneficially owned by the Reporting Person include up to 750,000 shares of Class B common stock subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised in connection with the Issuer's initial public offering of units, as described in the Registration Statement.