SEC Form 3 · accession 0001213900-16-011642
CardConnect Corp. · CCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank M Mastrangelo
Other
Period of report
Mar 7, 2016
Accepted (ET)
Mar 16, 2016 · 4:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001614818
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 174,576 | D | ||
| Common StockF1 | holding | — | — | — | 26,090 | I | By FinTech Investor Holdings, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF3,F4,F2 | $12.00 | holding | — | — | — | — | — | Common Stock | 5,000 | — | I |
Explanation of responses
- F1Includes 5,000 shares of common stock underlying 5,000 units of the Issuer.
- F2Includes 5,000 warrants underlying 5,000 units of the Issuer.
- F3The warrants will become exercisable at the later of 30 days after the consummation of the Issuer's initial business combination or August 19, 2016.
- F4The warrants will expire five years after the consummation of the Issuer's initial business combination or earlier upon redemption of all of the Issuer's outstanding common stock or the Issuer's liquidation.
Remarks
The Reporting Person and certain other stockholders of the Issuer entered into a Voting Agreement on March 7, 2016 and, as a result, the Reporting Person and such stockholders constitute a group and collectively beneficially own more than 10% of the Issuer's common stock for the purposes of Section 13D of the Securities Exchange Act of 1934, as amended. The Reporting Person does not have a pecuniary interest in any securities of the Issuer owned by the other members of such group. Exhibit 24.1 Power of Attorney