Kirkpatrick Lee 4
4 · TWC Tech Holdings II Corp. · Filed Sep 1, 2021
Insider Transaction Report
Form 4
Kirkpatrick Lee
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2021-08-30−25,000→ 0 total - Exercise/Conversion
Class A Common Stock
2021-08-30+25,000→ 25,000 total - Exercise/Conversion
Class B Common Stock
2021-08-30−25,000→ 0 total→ Class A Common Stock (25,000 underlying)
Footnotes (2)
- [F1]On August 30, 2021, TWC Tech Holdings II Corp. (the "Issuer") consummated its business combination (the "Business Combination") with Cellebrite DI Ltd. ("Cellebrite"). Immediately prior to the effective time of the Business Combination, each share of Class B common stock of the Issuer automatically converted into a share of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis.
- [F2]On August 30, 2021, in connection with the closing of the Business Combination, pursuant to a Business Combination Agreement and Plan of Merger (the "Business Combination Agreement"), Cupcake Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of Cellebrite ("Merger Sub") merged with and into the Issuer and the Issuer continued as the surviving corporation in the merger and as a wholly owned subsidiary of Cellebrite (the "Merger"). In connection with the Merger, each share of Class A Common Stock was converted into the right to receive one ordinary share of Cellebrite, as set forth in the Business Combination Agreement.