4//SEC Filing
Mason Industrial Sponsor, LLC 4
Accession 0001567619-21-002047
CIK 0001826058other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 8:42 PM ET
Size
10.6 KB
Accession
0001567619-21-002047
Insider Transaction Report
Form 4
Mason Industrial Sponsor, LLC
10% Owner
Transactions
- Other
Class B common stock
2021-01-29−437,500→ 12,190,625 total→ Class A common stock (437,500 underlying)
MASON CAPITAL MANAGEMENT LLC
Director10% Owner
Transactions
- Other
Class B common stock
2021-01-29−437,500→ 12,190,625 total→ Class A common stock (437,500 underlying)
Martino Michael E
Director10% Owner
Transactions
- Other
Class B common stock
2021-01-29−437,500→ 12,190,625 total→ Class A common stock (437,500 underlying)
Footnotes (3)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-252051) under the heading "Description of Securities-Founder Shares," the Class B common stock, par value $0.0001 per share, of the issuer will automatically convert into 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 certain adjustments, and have no expiration date.
- [F2]On January 29, 2021, Mason Industrial Sponsor, LLC forfeited 437,500 shares of Class B common stock in connection with the underwriters' exercise of the over-allotment option. Includes 1,687,500 shares of Class B common stock that are subject to forfeiture if the underwriters of the issuer's initial public offering do not exercise in full their option to purchase additional shares of Class A common stock.
- [F3]In addition to Mason Industrial Sponsor, LLC, this Form 4 is being filed jointly by Michael E. Martino and Mason Capital Management LLC ("Mason Capital") (collectively, the "Reporting Persons"). Mason Industrial Sponsor, LLC is managed by Mason Management LLC. Mason Capital is an affiliate of Mason Management LLC. Michael E. Martino and Kenneth M. Garschina are the managing principals of Mason Capital and the sole members of Mason Management LLC. Mason Capital, Mr. Martino and Mr. Garschina may be deemed to have indirect voting and dispositive power over the shares of Class A common stock held by Mason Industrial Sponsor, LLC. Each of Mason Management LLC, Mason Capital Master Fund, L.P., Mason Capital, Mr. Martino and Mr. Garschina disclaims beneficial ownership over the securities owned by Mason Industrial Sponsor, LLC in which they do not have any pecuniary interest.
Documents
Issuer
Mason Industrial Technology, Inc.
CIK 0001826058
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001842040
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 8:42 PM ET
- Size
- 10.6 KB