SEC Form 4 · accession 0001209191-17-065107
GigCapital, Inc. · GIG.U
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Avi S Katz
Officer — CEO, Pres, Exec Chairman · Director · 10% Owner
GigAcquisitions, LLC
10% Owner
Period of report
Dec 7, 2017
Accepted (ET)
Dec 11, 2017 · 8:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001719489
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Dec 7, 2017 | P | 356,000 | $10.00 | A | 3,212,607 | I | By GigAcquisitions, LLC (see note below) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private WarrantsF1,F3,F4,F5 | $11.50 | Dec 7, 2017 | P | 267,000 | A | — | — | Common Stock | 267,000 | 267,000 | I |
| Private RightsF1,F3,F6,F7,F8 | — | Dec 7, 2017 | P | 356,000 | A | — | — | Common Stock | 35,600 | 356,000 | I |
Explanation of responses
- F1$10.00 is the price per Private Unit, with each Private Unit consisting of (i) one share of Common Stock, (ii) 3/4ths of a Private Warrant exercisable at price of $11.50 per whole share of Common Stock, and (iii) one Private Right which entitles the holder to receive 1/10th of one share of Common Stock upon the consummation of the Company's business combination.
- F2Includes 2,856,607 founder shares of Common Stock previously reported in the Form 3 filed by the Reporting Persons on December 7, 2017. Includes up to 379,464 shares of Common Stock that are subject to forfeiture depending on the extent to which the underwriters' over-allotment is exercised, if at all.
- F3The Common Stock, Private Warrants, and Private Rights constituting the Private Units are held directly by GigAcquisitions, LLC (the "Sponsor"). The Common Stock, Private Warrants, and Private Rights held by the Sponsor are beneficially owned by Dr. Avi S. Katz, GigCapital, Inc.'s Chief Executive Officer, President, Executive Chairman of the Board of Directors, and Secretary. Dr. Katz is also the Manager of the Sponsor, who has sole voting and dispositive power over all securities held by the Sponsor.
- F4The Private Warrants will become exercisable on the later of 30 days after the completion of the Company's initial business combination or 12 months from the completion of the Company's initial public offering.
- F5The Private Warrants will expire on the fifth anniversary of the Company's completion of its initial business combination.
- F6The private rights entitle the holder to receive 1/10th of a share of Common Stock upon consummation of the Company's initial business combination without paying any additional consideration.
- F7Upon the consummation of the Company's initial business combination.
- F8If the Company is unable to complete its initial business combination within 18 months from the closing date of the offering the Private Rights will expire worthless.