SEC Form 4 · accession 0001615774-18-014534
Schultze Special Purpose Acquisition Corp. · SAMA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Dec 13, 2018
Accepted (ET)
Dec 17, 2018 · 5:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001754824
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Placement WarrantF3,F1,F2 | $11.50 | Dec 13, 2018 | P | 4,150,000 | A | — | — | Common Stock | 4,150,000 | 4,150,000 | D |
Explanation of responses
- F1The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination or December 13, 2019.
- F2The warrants expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.
- F3The securities are held directly by Schultze Special Purpose Acquisition Sponsor, LLC (the "Sponsor") and indirectly by George J. Schultze, who controls both Schultze Asset Management, LP, the manager of the Sponsor, and Schultze Master Fund, Ltd, the majority owner of the Sponsor. Mr. Schultze disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.