SEC Form 4 · accession 0001213900-19-000541
Fintech Acquisition Corp. III · FTAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel G Cohen
Officer — Chief Executive Officer · 10% Owner
Period of report
Jan 8, 2019
Accepted (ET)
Jan 10, 2019 · 5:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001729756
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 StockF3,F4,F1 | — | Jan 8, 2019 | J | 3,334 | D | — | — | Class A Common Stock | 3,334 | 1,422,736 | I |
| Class B Common StockF3,F5,F1 | — | Jan 8, 2019 | J | 3,334 | D | — | — | Class A Common Stock | 3,334 | 1,422,736 | I |
Explanation of responses
- F1The 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.
- F2Represents transfer of membership interests to a new member of the issuer's sponsors at the original purchase price.
- F3The reporting person disclaims beneficial ownership of these securities, except to the extent of his 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.
- F4These shares are held directly by the issuer's sponsors, FinTech Investor Holdings III, LLC, FinTech Masala Advisors, LLC and 3FIII, LLC, each of which is managed by the reporting person.
- F5DGC Family FinTech Trust is an indirect owner of Cohen Sponsor Interests III, LLC, a member of each of the issuer's sponsors.