SEC Form 4 · accession 0001213900-16-015492

CardConnect Corp. · CCN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Table I — non-derivative securities

Table II — derivative securities

Explanation of responses

• F1Represents (i) 9,442,472 shares received in exchange for 1,266,374 shares of FTS Holding Corporation ("Former CardConnect") common stock in connection with the merger of Former CardConnect into a subsidiary of FinTech Acquisition Corp. (the "Merger"), (ii) 174,833 shares purchased from FinTech Acquisition Corp. in a private placement transaction for $10.00 per share (the "PIPE"), and (iii) 138,725 shares received from certain founders of FinTech Acquisition Corp. for nominal consideration (the "Share Transfer"). In connection with the Merger, the issuer changed its name to CardConnect, Inc.
• F2The reporting person indirectly (i) acquired the shares of issuer common stock in the Merger, which valued the issuer's common stock at $10.00 per share, (ii) purchased shares received in the PIPE for $10.00 per share and (iii) received the shares in the Share Transfer for nominal consideration.
• F3These shares are held directly by FTVentures III, L.P. ("FTVIII"). FTVentures Management III, L.L.C. ("FTVentures") is the general partner of FTVIII. Richard N. Garman, Brad E. Bernstein, David A. Haynes, Chris H. Winship, James C. Hale and Robert A. Huret, as the managing members of FTVentures (the "Managing Members"), who acting by a majority vote of the group, share voting and dispositive power over the limited liability company interest in FTVIII held directly by FTVentures and therefore share an indirect beneficial interest in the common stock held directly by FTVIII. As such, the reporting person may be deemed to be the beneficial owner of the shares held directly by FTVIII. The reporting person expressly disclaims beneficial ownership of shares held directly by FTVIII, except to the extent of his pecuniary interests therein.
• F4Represents (i) 511,982 shares received in exchange for 68,665 shares of Former CardConnect common stock in connection with the Merger, (ii) 9,479 shares purchased in the PIPE and (iii) 7,522 shares received in the Share Transfer.
• F5These shares are held directly by FTVentures III-N, L.P. ("FTVIIIN"). FTVentures is the general partner of FTVIIIN. The Managing Members, who acting by a majority vote of the group, share voting and dispositive power over the limited liability company interest in FTVIIIN held directly by FTVentures and therefore share an indirect beneficial interest in the common stock held directly by FTVIIIN. As such, the reporting person may be deemed to be the beneficial owner of the shares held directly by FTVIIIN. The reporting person expressly disclaims beneficial ownership of shares held directly by FTVIIIN, except to the extent of his pecuniary interests therein.
• F6Represents (i) 307,189 shares received in exchange for 41,198 shares of Former CardConnect common stock in connection with the Merger, (ii) 5,688 shares purchased in the PIPE and (iii) 4,513 shares received in the Share Transfer.
• F7These shares are held directly by FTVentures III-T, L.P. ("FTVIIIT"). FTVentures is the general partner of FTVIIIT. The Managing Members, who acting by a majority vote of the group, share voting and dispositive power over the limited liability company interest in FTVIIIT held directly by FTVentures and therefore share an indirect beneficial interest in the common stock held directly by FTVIIIT. As such, the reporting person may be deemed to be the beneficial owner of the shares held directly by FTVIIIT. The reporting person expressly disclaims beneficial ownership of shares held directly by FTVIIIT, except to the extent of his pecuniary interests therein.