Home/Filings/4/0001213900-23-052099
4//SEC Filing

Schultze George J 4

Accession 0001213900-23-052099

CIK 0001819615other

Filed

Jun 26, 8:00 PM ET

Accepted

Jun 27, 4:01 PM ET

Size

14.3 KB

Accession

0001213900-23-052099

Insider Transaction Report

Form 4
Period: 2023-05-31
Transactions
  • Award

    Common shares

    2023-05-31+40,000115,276 total
Holdings
  • Common shares

    (indirect: See footnote)
    2,248,844
Footnotes (4)
  • [F1]Each restricted share unit represents the contingent right to receive one common share.
  • [F2]Consists of 33,625 restricted share units granted pursuant to the 2020 Incentive Award Plan and 6,375 restricted share units granted pursuant to the 2020 Earnout Award Plan, all of which will vest on May 31, 2024, subject to the Reporting Person's continuous service with the Issuer through the relevant vesting dates.
  • [F3]Includes 570,211 shares subject to certain vesting and forfeiture arrangements, as described in the Issuer's registration statement on Form S-4 (File No. 333-241707).
  • [F4]The securities are held directly by Schultze Special Purpose Acquisition Sponsor, LLC (the "Sponsor") and indirectly by George J. Schultze, who controls both Schultze Asset Management, LP, the manager of the Sponsor, and Schultze Master Fund, Ltd, the majority owner of the Sponsor. Mr. Schultze disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Issuer

Clever Leaves Holdings Inc.

CIK 0001819615

Entity typeother

Related Parties

1
  • filerCIK 0001308360

Filing Metadata

Form type
4
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 4:01 PM ET
Size
14.3 KB