Cody David 4
4 · Easterly Acquisition Corp. · Filed Nov 7, 2018
Insider Transaction Report
Form 4
Cody David
10% Owner
Transactions
- Disposition to Issuer
Common Stock
2018-11-05−3,375,677→ 1,552,323 total(indirect: See footnote (2).) - Disposition to Issuer
Warrants to purchase Common Stock
2018-11-05−6,750,000→ 0 total(indirect: See footnote (2).)Exercise: $11.50From: 2018-12-05Exp: 2023-11-05→ Common Stock (6,750,000 underlying)
Footnotes (2)
- [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.
- [F2]The common stock and warrants are held directly by the Sponsor. David Cody, Darrell Crate and Avshalom Kalichstein together have sole voting and investment power over the shares held by the Sponsor.