Athena Technology Sponsor LLC 4
4 · Athena Technology Acquisition Corp. · Filed Apr 30, 2021
Insider Transaction Report
Form 4
Athena Technology Sponsor LLC
10% Owner
Transactions
- Other
Class B Common Stock
2021-04-30−1,250,000→ 8,566,667 total→ Class A Common Stock (1,250,000 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, 1,250,000 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.
- [F3]Athena Technology Sponsor LLC (the "Sponsor") is the record holder of the shares of Class B common stock reported herein. Ms. Newhouse and Ms. Freidheim are the managing members of the Sponsor and have voting and investment discretion with respect to the common stock held of record by the Sponsor. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.