Schultze George J 4
4 · Schultze Special Purpose Acquisition Corp. · Filed Dec 17, 2018
Insider Transaction Report
Form 4
Schultze George J
DirectorChairman, CEO and President10% Owner
Transactions
- Purchase
Private Placement Warrant
2018-12-13$1.00/sh+4,150,000$4,150,000→ 4,150,000 total(indirect: See footnote)Exercise: $11.50→ Common Stock (4,150,000 underlying)
Footnotes (3)
- [F1]The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination or December 13, 2019.
- [F2]The warrants expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.
- [F3]The securities are held directly by Schultze Special Purpose Acquisition Sponsor, LLC (the "Sponsor") and indirectly by George J. Schultze, who controls both Schultze Asset Management, LP, the manager of the Sponsor, and Schultze Master Fund, Ltd, the majority owner of the Sponsor. Mr. Schultze disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.