AEG Holdings, LLC 4

Accession 0000899243-20-025952

CIK 0001720821other

Filed

Sep 21, 8:00 PM ET

Accepted

Sep 22, 6:31 PM ET

Size

15.7 KB

Accession

0000899243-20-025952

Form 4

Period: 2020-09-18

Director10% Owner

Transactions

Sale
Warrants to Purchase Shares of Class A Common Stock
2020-09-18$2.50/sh+1,244,976$3,112,440→ 1,244,976 total(indirect: See Footnote)
Exercise: $11.50From: 2020-03-11Exp: 2025-03-11→ Class A Common Stock, par value $0.0001 per share (1,244,976 underlying)
Sale
Warrants to Purchase Shares of Class A Common Stock
2020-09-18$2.50/sh+1,285,711$3,214,278→ 1,285,711 total(indirect: See Footnote)
Exercise: $11.50From: 2020-03-11Exp: 2025-03-11→ Class A Common Stock, par value $0.0001 per share (1,285,711 underlying)
Sale
Warrants to Purchase Shares of Class A Common Stock
2020-09-18$2.50/sh−5,020,639$12,551,598→ 0 total
Exercise: $11.50From: 2020-03-11Exp: 2025-03-11→ Class A Common Stock, par value $0.0001 per share (5,020,639 underlying)
Other
Warrants to Purchase Shares of Class A Common Stock
2020-09-21−1,285,711→ 0 total
Exercise: $11.50From: 2020-03-11Exp: 2025-03-11→ Class A Common Stock, par value $0.0001 per share (1,285,711 underlying)

Director10% Owner

Transactions

Other
Warrants to Purchase Shares of Class A Common Stock
2020-09-21−1,285,711→ 0 total
Exercise: $11.50From: 2020-03-11Exp: 2025-03-11→ Class A Common Stock, par value $0.0001 per share (1,285,711 underlying)
Sale
Warrants to Purchase Shares of Class A Common Stock
2020-09-18$2.50/sh+1,244,976$3,112,440→ 1,244,976 total(indirect: See Footnote)
Exercise: $11.50From: 2020-03-11Exp: 2025-03-11→ Class A Common Stock, par value $0.0001 per share (1,244,976 underlying)
Sale
Warrants to Purchase Shares of Class A Common Stock
2020-09-18$2.50/sh−5,020,639$12,551,598→ 0 total
Exercise: $11.50From: 2020-03-11Exp: 2025-03-11→ Class A Common Stock, par value $0.0001 per share (5,020,639 underlying)
Sale
Warrants to Purchase Shares of Class A Common Stock
2020-09-18$2.50/sh+1,285,711$3,214,278→ 1,285,711 total(indirect: See Footnote)
Exercise: $11.50From: 2020-03-11Exp: 2025-03-11→ Class A Common Stock, par value $0.0001 per share (1,285,711 underlying)

Footnotes (4)

[F1]On September 18, 2020, AEG Holdings, LLC ("AEG") sold an aggregate of 5,020,639 warrants ("Warrants") to purchase 5,020,639 shares of Class A common stock of PAE Incorporated (the "Issuer") to Pacific Credit Corp. ("PCC") and several trusts. Alec Gores is the managing member of AEG. As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by AEG.
[F2]Of the 5,020,639 Warrants sold by AEG described in footnote 1 above, 1,244,976 of the Warrants were acquired by a trust for the benefit of a member of Mr. Gores' household in a change in form of beneficial ownership pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended ("Rule 16a-13"), and Mr. Gores may continue to be deemed to have beneficial ownership of the securities beneficially owned by such trust.
[F3]Of the 5,020,639 Warrants sold by AEG described in footnote 1 above, 1,285,711 of the Warrants were acquired by PCC. Mr. Gores has dispositive and voting power with respect to securities owned by PCC. As such, the transaction resulted in a change in form of beneficial ownership pursuant to Rule 16a-13, and Mr. Gores may continue to be deemed to have beneficial ownership of the securities beneficially owned by PCC.
[F4]On September 21, 2020, PCC transferred the 1,285,711 Warrants referred to in footnote 3 above in a distribution-in-kind.

Documents

1 file

PAE Inc

CIK 0001720821

Entity typeother

IncorporatedDE