Little Mark M 4
4 · Accelerate Acquisition Corp. · Filed Dec 27, 2022
Insider Transaction Report
Form 4
Little Mark M
Director
Transactions
- Disposition to Issuer
Class B common stock
2022-12-23−30,000→ 0 total→ Class A common stock (30,000 underlying)
Footnotes (2)
- [F1]As described in the registration statement on Form S-1 (File No. 333-253764) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock, par value $0.0001 per share, of Accelerate Acquisition Corp. (the "Issuer") would have automatically converted into shares of Class A common stock, par value $0.0001 per share, of the Issuer at the time of the Issuer's initial business combination, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F2]This Form 4 reflects the surrender to the Issuer of 30,000 Class B Shares for no consideration by the Reporting Person pursuant to the Share Forfeiture Letter, dated December 15, 2022 by and between the Issuer and the Reporting Person.