SEC Form 3 · accession 0001213900-18-015995
Fintech Acquisition Corp. III · FTAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
3FIII, LLC
10% Owner
Period of report
Nov 15, 2018
Accepted (ET)
Nov 15, 2018 · 9:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001729756
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | holding | — | — | — | 405,000 | D |
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 StockF2,F3 | — | holding | — | — | — | — | — | Class A Common Stock | 2,203,832 | — | D |
| WarrantsF4,F5,F6 | $11.50 | holding | — | — | — | — | — | Class A Common Stock | 202,500 | — | D |
Explanation of responses
- F1These shares underlie 405,000 units of the issuer that the reporting person has irrevocably committed to purchase.
- F2The 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 on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents and have no expiration date.
- F3These shares represent Class B common stock held by the reporting person acquired pursuant to a securities assignment agreement by and between the reporting person and FinTech Investor Holdings III, LLC.
- F4The warrants will become exercisable at the later of 30 days after the consummation of the issuer's initial business combination or 12 months from the completion of the issuer's initial public offering.
- F5The warrants will expire five years after the consummation of the issuer's initial business combination or earlier upon redemption of all of the issuer's outstanding common stock or the issuer's liquidation.
- F6These warrants underlie 405,000 units of the issuer that the reporting person has irrevocably committed to purchase.