SEC Form 4 · accession 0000903423-17-000191
Pace Holdings Corp. · PACE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dr Kneeland Youngblood
Director
Period of report
Mar 10, 2017
Accepted (ET)
Mar 14, 2017 · 6:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001644509
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class F Ordinary SharesF1,F2 | — | Mar 10, 2017 | D | 40,000 | D | — | — | Class A Ordinary Shares | 40,000 | 0 | I |
Explanation of responses
- F1In connection with the merger of Pace Holdings Corp. (the "Issuer") with and into New PACE Holdings Corp. and a series of related transactions (collectively, the "Business Combination"), Dr. Kneeland Youngblood disposed of his Class F ordinary shares, par value $0.0001 (the "Class F Shares"), of the Issuer ultimately receiving ordinary shares, par value (euro) 0.10 per share, of Playa Hotels & Resorts N.V. Pursuant to the Amended and Restated Memorandum and Articles of Association of the Issuer, the Class F Shares were to automatically convert into Class A ordinary shares, par value $0.0001, of the Issuer at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment.
- F2Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Dr. Youngblood is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities of the Issuer.