SEC Form 4 · accession 0001213900-18-001259
Sentinel Energy Services Inc. · STNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Jan 31, 2018
Accepted (ET)
Feb 2, 2018 · 8:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001709768
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 B Ordinary SharesF2,F1 | — | Jan 31, 2018 | S | 37,500 | D | — | — | Class A Ordinary Shares | 37,500 | 8,550,000 | I |
Explanation of responses
- F1At the time of our initial business combination, the Class B Ordinary Shares will convert into Class A Ordinary Shares on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights. The Class B Ordinary Shares have no expiration date.
- F2Sentinel Management Holdings, LLC is the record holder of the shares reported herein. CSL Sentinel Holdings, LLC is the managing member of Sentinel Management Holdings, LLC. CSL Sentinel Holdings, LLC may therefore be deemed to have voting and dispositive power over the shares held by Sentinel Management Holdings, LLC and may also be deemed to be the indirect beneficial owner of such shares. CSL Sentinel Holdings, LLC disclaims beneficial ownership of these shares in excess of its pecuniary interest therein.