SEC Form 3 · accession 0001615774-16-007167
Priority Technology Holdings, Inc. · PRTH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
M SPAC Holdings I LLC
10% Owner
Period of report
Sep 13, 2016
Accepted (ET)
Sep 14, 2016 · 1:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001653558
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001F1 | holding | — | — | — | 252,737 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF2,F3 | $11.50 | holding | — | — | — | — | — | Common Stock | 60,000 | — | D |
Explanation of responses
- F1These shares include an aggregate of up to 25,141 shares that are subject to forfeiture to the extent that the underwriters do not exercise their overallotment option in full, in connection with the registrant's initial public offering.
- F2The warrants become exercisable on the later of 30 days after the completion of the registrant's initial business combination and 12 months from the closing of the registrant's initial public offering.
- F3The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.