Home/Filings/4/0001819615-22-000119
4//SEC Filing

Schultze George J 4

Accession 0001819615-22-000119

CIK 0001819615other

Filed

Jun 23, 8:00 PM ET

Accepted

Jun 24, 4:37 PM ET

Size

9.8 KB

Accession

0001819615-22-000119

Insider Transaction Report

Form 4
Period: 2022-06-24
Transactions
  • Award

    Common shares

    2022-06-24+68,80775,276 total
Holdings
  • Common shares

    (indirect: See footnote)
    2,248,844
Footnotes (3)
  • [F1]These shares are restricted share units that were issued pursuant to the Issuer's 2020 Incentive Award Plan, as the annual award to directors pursuant to the Non-Employee Director Compensation Policy. 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
Jun 23, 8:00 PM ET
Accepted
Jun 24, 4:37 PM ET
Size
9.8 KB