4//SEC Filing
Shany Gilad 4
Accession 0001213900-21-038794
CIK 0001844579other
Filed
Jul 26, 8:00 PM ET
Accepted
Jul 27, 6:32 AM ET
Size
10.3 KB
Accession
0001213900-21-038794
Insider Transaction Report
Form 4
ION Holdings 3, LP
10% Owner
Transactions
- Other
Options to Purchase Class B Ordinary Shares
2021-07-26−25,000→ 25,000 totalExp: 2023-05-04→ Class A Ordinary Shares (25,000 underlying)
ION Acquisition Corp GP Ltd.
10% Owner
Transactions
- Other
Options to Purchase Class B Ordinary Shares
2021-07-26−25,000→ 25,000 totalExp: 2023-05-04→ Class A Ordinary Shares (25,000 underlying)
Shany Gilad
DirectorCo-CEO and Director
Transactions
- Other
Options to Purchase Class B Ordinary Shares
2021-07-26−25,000→ 25,000 totalExp: 2023-05-04→ Class A Ordinary Shares (25,000 underlying)
Footnotes (2)
- [F1]ION Holdings 3, LP ("ION 3 LP") granted 25,000 options (the "Options") to Shira Fayans Birenbaum, each allowing for the purchase of one Class B ordinary share, par value $0.0001 per share, of ION Acquisition Corp 3 Ltd. (the "Issuer") immediately prior to her appointment as a director of the Issuer. Shira Fayans Birenbaum paid ION 3 LP an aggregate amount of $25.00 in consideration for the grant of the Options, or $0.001 per Option. The aggregate exercise price for all 25,000 Options is $73.81, or $0.003 per Option. The Options shall be exercised on the date of the close of a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses and the Issuer.
- [F2]ION 3 LP is the record holder of the ordinary shares. As the general partner of ION 3 LP, ION Acquisition Corp GP Ltd. ("ION GP") has voting and investment discretion with respect to the ordinary shares held by ION 3 LP. An investment committee comprised of five individuals, including Mr. Gilad Shany, makes voting and investment decisions in the ordinary shares indirectly owned by ION GP. Due to his ownership stake in ION GP, Mr. Shany shares pecuniary interest with ION GP and ION 3 LP in the ordinary shares to the extent of his economic interest therein. However, none of the ION GP investment committee's members, including Mr. Shany, is deemed a beneficial owner of the ordinary shares held by ION 3 LP under Section 13(d) of the Securities Exchange Act of 1934, as amended, due to the approval standard for committee action. Mr. Shany thus disclaims beneficial ownership of the ordinary shares held by ION 3 LP, other than to the extent of any pecuniary interest therein.
Documents
Issuer
ION Acquisition Corp 3 Ltd.
CIK 0001844579
Entity typeother
Related Parties
1- filerCIK 0001826218
Filing Metadata
- Form type
- 4
- Filed
- Jul 26, 8:00 PM ET
- Accepted
- Jul 27, 6:32 AM ET
- Size
- 10.3 KB