Prism Data, LLC 4
4 · Digital Media Solutions, Inc. · Filed Oct 26, 2020
Insider Transaction Report
Form 4
Prism Data, LLC
Other
Holdings
- 23,731,610
Units of Digital Media Solutions Holdings, LLC
→ Class A common stock (129,973 underlying)
Footnotes (2)
- [F1]Each unit of Digital Media Solutions Holdings, LLC, indirect subsidiary of the Issuer ("Unit"), may be redeemed by the holder for cash in an amount equal to the value of one share of the Issuer's Class A Common Stock ("Class A Common Stock") or, at the Issuer's option, the Issuer may acquire each Unit in exchange for one share of Class A Common Stock or the cash value thereof, in each case subject to certain restrictions. Upon a redemption or acquisition of such Units, an equal number of the Unit holder's non-economic, voting shares of the Issuer's Class B Common Stock will be cancelled.
- [F2]Pursuant to the Business Combination Agreement dated April 23, 2020 by and among Leo Holdings Corp., Digital Media Solutions LLC, the Reporting Person and the other parties thereto, these shares were issued in connection with a post-closing adjustment.