4//SEC Filing
PENSARE SPONSOR GROUP, LLC 4
Accession 0001213900-21-048077
CIK 0001704760other
Filed
Sep 13, 8:00 PM ET
Accepted
Sep 14, 8:01 PM ET
Size
8.9 KB
Accession
0001213900-21-048077
Insider Transaction Report
Form 4
PENSARE SPONSOR GROUP, LLC
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2021-09-10$0.01/sh+226,000$2,260→ 6,799,133 total - Exercise of In-Money
Warrants
2021-09-10−226,000→ 0 totalExercise: $0.01From: 2020-04-07Exp: 2025-04-07→ Common Stock (226,000 underlying) - Sale
Common Stock
2021-09-10$4.00/sh−564$2,254→ 6,798,569 total
Footnotes (1)
- [F1]On September 10, 2021, the reporting person exercised warrants to purchase 226,000 shares of the issuer's common stock for $0.01 per share. The reporting person paid the exercise price on a cashless basis, resulting in the issuer's withholding of 564 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 225,436 shares.
Documents
Issuer
American Virtual Cloud Technologies, Inc.
CIK 0001704760
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001713062
Filing Metadata
- Form type
- 4
- Filed
- Sep 13, 8:00 PM ET
- Accepted
- Sep 14, 8:01 PM ET
- Size
- 8.9 KB