Wilson Jan C. 4
4 · Sunlight Financial Holdings Inc. · Filed Jul 13, 2021
Insider Transaction Report
Form 4
Wilson Jan C.
Director
Transactions
- Conversion
Class B Common Stock
2021-07-09−50,000→ 0 total→ Class A Common Stock (50,000 underlying) - Conversion
Class A Common Stock
2021-07-09+50,000→ 50,000 total
Footnotes (2)
- [F1]In connection with the closing of the business combination (the "business combination") among Spartan Acquisition Corp. II ("Spartan"), SL Invest I Inc., SL Invest II LLC, SL Financial Investor I LLC, SL Financial Investor II LLC, SL Financial Holdings Inc., SL Financial LLC, Sunlight Financial LLC, FTV-Sunlight, Inc. and Tiger Co-Invest B Sunlight Blocker, LLC, on July 9, 2021, the Reporting Person's shares of Class B Common Stock automatically converted into shares of Spartan's Class A Common Stock on a one-for-one basis. Upon consummation of the business combination, Spartan changed its name to "Sunlight Financial Holdings Inc."
- [F2]The shares of Class B Common Stock were automatically convertible into shares of Class A Common Stock at the time of Spartan's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights (which rights were waived by the Reporting Person in connection with the business combination), and had no expiration date.