4//SEC Filing
SRC-NI Holdings LLC 4
Accession 0001213900-21-043016
CIK 0001781162other
Filed
Aug 15, 8:00 PM ET
Accepted
Aug 16, 4:16 PM ET
Size
11.0 KB
Accession
0001213900-21-043016
Insider Transaction Report
Form 4
Momentus Inc.SRACU
SRC-NI Holdings LLC
10% Owner
Transactions
- Other
Class B Common Stock
2021-08-12−250,000→ 3,886,029 total→ Class A Common Stock (250,000 underlying) - Conversion
Class A Common Stock
2021-08-12+3,886,029→ 4,381,029 total - Conversion
Class B Common Stock
2021-08-12−3,886,029→ 0 total→ Class A Common Stock (3,886,029 underlying)
Footnotes (3)
- [F1]As described in the Issuer's registration statement on Form S-1 (File No. 333-233980) under the heading "Description of Securities--Founder Shares and Placement Shares," the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date. On August 12, 2021, the Issuer completed its initial business combination (the "Business Combination") with Momentus Inc., a Delaware corporation ("Momentus"). In connection with the Business Combination, each share of Class B common stock automatically converted on a one-for-one basis into shares of the Issuer's Class A common stock.
- [F2]Brian Kabot, Juan Manuel Quiroga and Edward Freedman are the managers of SRC-NI Holdings LLC (the "Sponsor") and have voting and investment discretion with respect to the securities held by the Sponsor. As such, each of them may be deemed to share beneficial ownership of the securities held directly by the Sponsor. Each such person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
- [F3]Represents shares of Class B common stock relinquished and forfeited upon the closing of the Business Combination pursuant to a settlement agreement with the Securities and Exchange Commission.
Documents
Issuer
Momentus Inc.
CIK 0001781162
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001781119
Filing Metadata
- Form type
- 4
- Filed
- Aug 15, 8:00 PM ET
- Accepted
- Aug 16, 4:16 PM ET
- Size
- 11.0 KB