4//SEC Filing
Schultze George J 4
Accession 0001628280-22-001765
CIK 0001819615other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 3:59 PM ET
Size
9.8 KB
Accession
0001628280-22-001765
Insider Transaction Report
Form 4
Schultze George J
10% Owner
Transactions
- Award
Common shares
2022-02-02+6,469→ 6,469 total
Holdings
- 2,248,844(indirect: See footnote)
Common shares
Footnotes (3)
- [F1]These shares are restricted share units that were issued pursuant to the Issuer's 2020 Incentive Award Plan, as the initial award to the Reporting Person as a director. Each restricted share unit represents a contingent right to receive one common share of the Issuer. These restricted share units will vest in full on the earlier of (i) the day immediately preceding the date of the Issuer's next annual meeting of shareholders and (ii) the first anniversary of the date of grant, subject to the Reporting Person's continuous service with the Issuer through the vesting date.
- [F2]Includes 1,140,423 shares subject to certain vesting and forfeiture arrangements, as described in the Issuer's registration statement on Form S-4 (File No. 333-241707)
- [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.
Issuer
Clever Leaves Holdings Inc.
CIK 0001819615
Entity typeother
Related Parties
1- filerCIK 0001308360
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 3:59 PM ET
- Size
- 9.8 KB