SEC Form 4 · accession 0001094891-17-000213
Capitol Investment Corp. IV · CTOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Ein
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Aug 21, 2017
Accepted (ET)
Aug 22, 2017 · 4:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001709682
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF1,F4,F2,F3 | $11.50 | Aug 21, 2017 | A | 466,667 | A | — | — | Class A ordinary shares | 466,667 | 4,088,889 | I |
Explanation of responses
- F1These warrants were purchased due to the exercise of the underwriters' over-allotment option in order to maintain in the Issuer's trust account an amount equal to $10.00 per unit sold to the public in the Issuer's initial public offering. These warrants were purchased in a private placement that occurred simultaneously with the closing of the Issuer's initial public offering.
- F2The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination or 12 months from the closing of the IPO.
- F3The warrants will expire on the fifth anniversary of the completion of the Issuer's initial business combination.
- F4Mr. Ein controls Capitol Acquisition Management IV, LLC.