SEC Form 3 · accession 0001213900-18-016002
Fintech Acquisition Corp. III · FTAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Betsy Z Cohen
Director · 10% Owner
Period of report
Nov 15, 2018
Accepted (ET)
Nov 15, 2018 · 9:45 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,F4 | holding | — | — | — | 25,000 | I | By FinTech Investor Holdings III, LLC | |
| Class A Common StockF2,F4 | holding | — | — | — | 103,500 | I | By 3FIII, LLC |
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 StockF6,F3,F4,F5 | — | holding | — | — | — | — | — | Class A Common Stock | 1,481,070 | — | I |
| WarrantsF7,F8,F4,F9 | $11.50 | holding | — | — | — | — | — | Class A Common Stock | 12,500 | — | I |
| WarrantsF7,F8,F4,F10 | $11.50 | holding | — | — | — | — | — | Class A Common Stock | 51,750 | — | I |
Explanation of responses
- F1These shares are held directly by FinTech Investor Holdings III, LLC and underlie 25,000 units of the issuer that this entity irrevocably committed to purchase.
- F10These warrants are held directly by 3FIII, LLC and underlie 103,500 units of the issuer that this entity irrevocably committed to purchase
- F2These shares are held directly by 3FIII, LLC and underlie 103,500 units of the issuer that this entity irrevocably committed to purchase.
- F3The 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.
- F4The reporting person disclaims beneficial ownership of these securities, except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
- F5Includes up to 325,000 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option.
- F6These shares are held directly by the issuer's sponsors, FinTech Investor Holdings III, LLC, FinTech Masala Advisors, LLC and 3FIII, LLC.
- F7The 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.
- F8The 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.
- F9These warrants are held directly by FinTech Investor Holdings III, LLC and underlie 25,000 units of the issuer that this entity irrevocably committed to purchase
Remarks
Exhibit 24 - Power of Attorney