MIHI LLC 3
3 · Boxwood Merger Corp. · Filed Nov 15, 2018
Insider Transaction Report
Form 3
MIHI LLC
10% Owner
Holdings
- (indirect: See footnote)
Class F Common Stock
→ Class A Common Stock (5,675,000 underlying)
Footnotes (3)
- [F1]The shares of Class F common stock have no expiration date and will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-228018).
- [F2]Includes up to 750,000 shares subject to forfeiture by Boxwood Sponsor LLC (the "Sponsor") depending on the extent to which the underwriters' option to purchase additional units is exercised, if at all.
- [F3]The Class F Common Stock is held directly by the Sponsor. The Sponsor is jointly owned and managed by MIHI Boxwood Sponsor, LLC, which is controlled by MIHI LLC ("MIHI"), and Boxwood Management Company, LLC ("Boxwood Management"). MIHI and Boxwood Management have shared voting and dispositive power with respect to the shares held by the Sponsor and, as such, may be deemed to beneficially own the shares held by the Sponsor. Macquarie Group Limited ("Macquarie Group") is the ultimate indirect parent of MIHI and may be deemed to beneficially own the Issuer's securities held thereby. Macquarie Group, MIHI and MIHI Boxwood Sponsor, LLC are referred to collectively as the "Reporting Persons." Each Reporting Person disclaims beneficial ownership of all shares of the Issuer reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.