4//SEC Filing
DHC Sponsor, LLC 4
Accession 0001493152-24-034274
CIK 0001838163other
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 9:45 PM ET
Size
9.5 KB
Accession
0001493152-24-034274
Insider Transaction Report
Form 4
DHC Sponsor, LLC
10% Owner
Transactions
- Award
Common Stock
2024-08-22+151,261→ 6,153,586 total - Other
Common Stock
2024-03-14−1,780,942→ 6,002,325 total - Other
Common Stock
2024-08-26−6,073,587→ 79,999 total
Footnotes (4)
- [F1]Reflects shares of common stock, par value $0.0001 per share, (the "Common Stock"), of Brand Engagement Network Inc., a Delaware corporation (the "Company"), distributed by DHC Sponsor, LLC, a Delaware limited liability company (the "Sponsor"), to certain non-redemption holders in connection with the initial business combination of the Company.
- [F2]Christopher Gaertner controls the reporting person, and as such has voting and investment discretion with respect to the securities held by the reporting person and may be deemed to have beneficial ownership of the securities held directly by the reporting person.
- [F3]On August 22, 2024, the Sponsor and the Company agreed to convert certain indebtedness into shares of Common Stock owed by the Company to the Sponsor in connection with the Company's initial business combination for which the Sponsor used to cover past expenses.
- [F4]On August 26, 2024, the Sponsor effected a pro rata distribution of shares of Common Stock to the Sponsor's members subject to the existing lockup restrictions of Sponsor, and 79,999 shares of Common Stock were withheld to cover taxes and expenses.
Documents
Issuer
Brand Engagement Network Inc.
CIK 0001838163
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001847777
Filing Metadata
- Form type
- 4
- Filed
- Aug 27, 8:00 PM ET
- Accepted
- Aug 28, 9:45 PM ET
- Size
- 9.5 KB