SEC Form 3 · accession 0001140361-18-013740
Tiberius Acquisition Corp · TIBR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Michael T Gray
Officer — Chief Executive Officer · Director · 10% Owner
Lagniappe Ventures LLC
10% Owner
Period of report
Mar 15, 2018
Accepted (ET)
Mar 15, 2018 · 8:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001662253
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | holding | — | — | — | 4,252,500 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares represent common stock held by Lagniappe Ventures LLC (the "Sponsor") acquired pursuant to a subscription agreement dated as of December 30, 2015 by and between the Sponsor and the registrant. Michael Gray, the Chief Executive Officer and Executive Chairman of the registrant, is the managing member of the Sponsor. Mr. Gray has sole voting and dispositive control over the shares held by the Sponsor and may be deemed the beneficial owner of such shares. These shares include an aggregate of 562,500 shares that are subject to forfeiture to the extent that the underwriter's do not exercise their overallotment option in connection with the registrant's initial public offering in full.
- F2Mr. Gray has a pecuniary interest in shares of common stock of the registrant owned by the Sponsor through his membership interests in the Sponsor. Mr. Gray disclaims beneficial ownership over any securities owned by the Sponsor in which he does not have any pecuniary interest.