3//SEC Filing
NGP Switchback II, LLC 3
Accession 0000899243-21-001051
CIK 0001829730other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 9:37 PM ET
Size
7.2 KB
Accession
0000899243-21-001051
Insider Transaction Report
Form 3
Switchback II CorpSWBK.U
NGP Switchback II, LLC
10% Owner
Holdings
- (indirect: See footnotes)
Class B Ordinary Shares
→ Class A Ordinary Shares (7,826,250 underlying)
Footnotes (5)
- [F1]The Class B Ordinary Shares are convertible into Class A Ordinary Shares of the Issuer on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date.
- [F2]Includes 1,031,250 Class B Ordinary Shares that are subject to forfeiture if the underwriters in the Issuer's initial public offering of units do not exercise their over-allotment option. In addition, upon and subject to the conversion of the Class B Ordinary Shares (as adjusted) into Class A Ordinary Shares at the time of the closing of the Issuer's initial business combination, 25% of such Class A Ordinary Shares shall become subject to potential forfeiture if the triggering event described in the Issuer's registration statement does not occur during the time period between the closing date of the Issuer's initial business combination and the five-year anniversary of such date.
- [F3]NGP Switchback II, LLC is the record holder of the shares reported herein. Scott McNeill and Jim Mutrie are managers and co-chief executive officers of NGP Switchback II, LLC. Chris Carter, Philip J. Deutch, Scott Gieselman and Sam Stoutner are managers of NGP Switchback II, LLC. As such, Messrs. McNeill, Mutrie, Carter, Deutch, Gieselman and Stoutner may be deemed to have or share beneficial ownership of the ordinary shares held directly by NGP Switchback II, LLC.
- [F4]NGP XII US Holdings, L.P. indirectly owns a majority of the limited liability company interests of NGP Switchback II, LLC through its wholly-owned subsidiary, NGP ETP III Investments, LLC and NGP ETP III Investments, LLC's majority-owned subsidiary, NGP Energy Technology Partners III, LLC. NGP XII Holdings GP, L.L.C. is the sole general partner of NGP XII US Holdings, L.P., and NGP Natural Resources XII, L.P. is the sole member of NGP XII Holdings GP, L.L.C. G.F.W. Energy XII, L.P. is the sole general partner of NGP Natural Resources XII, L.P., and GFW XII, L.L.C. is the sole general partner of G.F.W. Energy XII, L.P. GFW XII, L.L.C. has delegated full power and authority to manage NGP XII US Holdings, L.P. to NGP Energy Capital Management, L.L.C.
- [F5]Chris Carter, Craig Glick and Jill Lampert serve on the Executive Committee of NGP Energy Capital Management, L.L.C. Accordingly, each of NGP XII US Holdings, L.P., NGP XII Holdings GP, L.L.C., NGP Natural Resources XII, L.P., G.F.W. Energy XII, L.P., GFW XII, L.L.C., NGP ETP III Investments, LLC, NGP Energy Capital Management, L.L.C., Chris Carter, Craig Glick and Jill Lampert may be deemed to have or share beneficial ownership of the ordinary shares held directly by NGP Switchback II, LLC.
Documents
Issuer
Switchback II Corp
CIK 0001829730
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001829712
Filing Metadata
- Form type
- 3
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 9:37 PM ET
- Size
- 7.2 KB