SEC Form 4 · accession 0001104659-18-037174
VectoIQ Acquisition Corp. · VTIQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen J Girsky
Officer — President and CEO · Director · 10% Owner
Period of report
May 29, 2018
Accepted (ET)
May 31, 2018 · 4:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001731289
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 29, 2018 | P$0 | 57,541 | — | A | 4,586,132 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF1,F2,F3,F4 | $11.50 | May 29, 2018 | P | 57,541 | A | — | — | Common Stock | 57,541 | 525,909 | I |
Explanation of responses
- F1In connection with the underwriters' election to exercise in full the over-allotment option granted in connection with the Issuer's initial public offering, VectoIQ Holdings, LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 57,541 additional units (the "Private Units") for an aggregate purchase price of $570,541. Each Private Unit consists of one share of common stock and one warrant.
- F2The securities are held directly by Sponsor and indirectly by Stephen Girsky, who is the managing member of Sponsor. Mr. Girsky disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F3The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination or May 18, 2019.
- F4The warrants expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.