Hennessy Thomas D 4
4 · two · Filed Aug 25, 2023
Insider Transaction Report
Form 4
twoTWOA
Hennessy Thomas D
DirectorCEO10% Owner
Transactions
- Other
Class B Ordinary Shares
2023-08-24−135,000→ 3,212,611 total(indirect: See Footnote)→ Class A Ordinary Shares (135,000 underlying)
Footnotes (3)
- [F1]As described in the registrant's registration statement on Form S-1 (File No. 333-253802) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the registrant's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date.
- [F2]Pursuant to a securities assignment agreement, dated as of August 2, 2023, 135,000 Class B ordinary shares of the registrant were assigned by HC Proptech Partners III, LLC (the "Sponsor") to certain directors and advisors of the registrant.
- [F3]These shares represent the Class B ordinary shares held by the Sponsor. HC PropTech III LLC is the managing member of the Sponsor and each of Thomas D. Hennessy and Daniel J. Hennessy are the managing members of HC PropTech III LLC.