FTAC Parnassus Advisors, LLC 4
4 · FTAC Parnassus Acquisition Corp. · Filed Mar 17, 2021
Insider Transaction Report
Form 4
FTAC Parnassus Advisors, LLC
10% Owner
Transactions
- Other
Class B ordinary shares
2021-03-16−100,000→ 7,083,333 total→ Class A ordinary shares (100,000 underlying)
Footnotes (2)
- [F1]The Class B ordinary shares will automatically convert into Class A ordinary shares 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 Class B ordinary shares for no consideration because the underwriters' over-allotment option was not exercised in full.