Fintech Evolution Sponsor LLC 4
4 · FinTech Evolution Acquisition Group · Filed Mar 11, 2021
Insider Transaction Report
Form 4
Fintech Evolution Sponsor LLC
10% Owner
Transactions
- Other
Class B Ordinary Shares
2021-03-10−47,460→ 6,852,540 total→ Class A Ordinary Shares (47,460 underlying)
Footnotes (2)
- [F1]As described in the registrant's registration statement on Form S-1 (File No. 333- 252969) under the heading "Description of Securities - Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the registrant's initial business combination on a one-for-one basis (unless otherwise provided in our initial business combination agreement), subject to adjustment for share subdivisions, share consolidations, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and has no expiration date.
- [F2]As contemplated in connection with the initial public offering of the issuer, 47,460 Class B ordinary shares were returned by Fintech Evolution Sponsor LLC (the "Sponsor") to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full.