4//SEC Filing
PENSARE SPONSOR GROUP, LLC 4
Accession 0001615774-17-004056
CIK 0001704760other
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 8:32 PM ET
Size
7.2 KB
Accession
0001615774-17-004056
Insider Transaction Report
Form 4
PENSARE SPONSOR GROUP, LLC
10% Owner
Transactions
- Purchase
Private Placement Warrants
2017-08-01$1.00/sh+6,150,000$6,150,000→ 6,150,000 totalExercise: $11.50→ Common Stock (6,150,000 underlying)
Holdings
- 5,818,500
Common Stock
Footnotes (4)
- [F1]Includes 783,460 shares which are subject to forfeiture to the extent the underwriters' over-allotment option is not exercised in full.
- [F2]The securities are held directly by Pensare Sponsor Group, LLC and indirectly by Darrell J. Mays, who is the managing member of Pensare Sponsor Group, LLC. Lawrence E. Mock, Jr., Dr. Robert Willis and John Foley hold economic interests in Pensare Sponsor Group, LLC and pecuniary interests in the securities held by Pensare Sponsor Group, LLC. Each of Messrs. Mays, Mock and Foley and Dr. Willis disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- [F3]Each warrant will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination or twelve months from the date on which the Issuer's initial public offering closed.
- [F4]Each warrant will expire on the fifth anniversary of the Issuer's completion of an initial business combination, or earlier upon redemption or liquidation.
Documents
Issuer
PENSARE ACQUISITION Corp
CIK 0001704760
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001713062
Filing Metadata
- Form type
- 4
- Filed
- Aug 2, 8:00 PM ET
- Accepted
- Aug 3, 8:32 PM ET
- Size
- 7.2 KB