Easterly Acquisition Sponsor, LLC 4
4 · Easterly Acquisition Corp. · Filed Nov 7, 2018
Insider Transaction Report
Form 4
Easterly Acquisition Sponsor, LLC
10% Owner
Transactions
- Disposition to Issuer
Common Stock
2018-11-05−3,375,677→ 1,552,323 total - Disposition to Issuer
Warrants to purchase Common Stock
2018-11-05−6,750,000→ 0 totalExercise: $11.50From: 2018-12-05Exp: 2023-11-05→ Common Stock (6,750,000 underlying)
Footnotes (1)
- [F1]Disposed of pursuant to the Letter Agreement, dated as of June 23, 2018 (as amended by the First Amendment to Agreement and Plan of Merger and Sponsor Letter on August 29, 2018), by and among Easterly Acquisition Corp. ("Easterly"), Easterly Acquisition Sponsor, LLC (the "Sponsor"), Sirius International Insurance Group, Ltd. ("Sirius Group") and CM Bermuda Ltd., pursuant to which the Sponsor forfeited 3,375,677 shares of Easterly common stock and 6,750,000 private placement warrants to acquire shares of Easterly common stock for no consideration at the closing of the merger of Easterly with a subsidiary of Sirius Group.