SEC Form 4 · accession 0001213900-18-013015
Megalith Financial Acquisition Corp · MFAC.U
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
MFA Investor Holdings LLC
10% Owner
Period of report
Sep 21, 2018
Accepted (ET)
Sep 25, 2018 · 9:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001725872
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 Common StockF1 | — | Sep 21, 2018 | J | 80,278 | D | — | — | Class A Common Stock | 80,278 | 4,232,222 | D |
Explanation of responses
- F1As described in the issuer's registration statement on Form S-1 (File No. 333-226270) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and has no expiration date.
- F2As contemplated in connection with the initial public offering of the issuer, 80,278 shares of Class B common stock of the issuer were returned by the reporting person to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full.