4//SEC Filing
Potere Matthew 4
Accession 0001821850-22-000064
CIK 0001821850other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 2:32 PM ET
Size
8.9 KB
Accession
0001821850-22-000064
Insider Transaction Report
Form 4
Potere Matthew
DirectorChief Executive Officer
Transactions
- Award
Class A Common Stock
2022-09-30+196,261→ 962,340 total
Holdings
- 3,510,541
Private Units
→ Class A Common Stock (2,983,960 underlying) - 3,510,541(indirect: By Trust)
Private Units
→ Class A Common Stock (526,581 underlying)
Footnotes (3)
- [F1]The reporting person received Restricted Stock Units ("RSUs"), which are settled in shares of Class A Common Stock, under the 2021 Equity Incentive Plan of Sunlight Financial Holdings Inc. (the "Company"). The RSUs will vest over a 4-year period in equal installments annually, commencing on February 18, 2023.
- [F2]The reporting person received these Private Units on July 9, 2021, pursuant to the Business Combination Agreement, dated as of January 23, 2021 by and among Spartan Acquisition Corp. II ("Spartan"), Sunlight Financial LLC ("SFLLC"), and certain of their respective affiliates and subsidiaries. Each Private Unit consists of a Class EX Unit issued by SFLLC, together with one share of Class C Common Stock issued by the Company. Each Private Unit is exchangeable, subject to certain conditions, for either one share of Class A Common Stock, or at SFLLC's election, an amount of cash equivalent to the market value of one share of Class A Common Stock, pursuant to and in accordance with the terms of the Fifth Amended and Restated Limited Liability Company Agreement of SFLCC. The Class C Common Stock will vote together with the Class A Common Stock as a single class, but will have no economic rights. These exchange rights do not expire.
- [F3]The reporting person disclaims beneficial ownership, except to the extent of his pecuniary interest therein.
Documents
Issuer
Sunlight Financial Holdings Inc.
CIK 0001821850
Entity typeother
Related Parties
1- filerCIK 0001869195
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 2:32 PM ET
- Size
- 8.9 KB