4//SEC Filing
FinTech Masala, LLC 4
Accession 0000899243-21-026406
CIK 0001777835other
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 9:47 PM ET
Size
28.8 KB
Accession
0000899243-21-026406
Insider Transaction Report
Form 4
Cohen Sponsor Interests IV, LLC
10% Owner
Transactions
- Award
Warrants
2021-06-24+203,333→ 203,333 total(indirect: By LLC)Exercise: $11.50From: 2021-07-24Exp: 2026-06-24→ Class A Common Stock (203,333 underlying) - Sale
Class B Common Stock
2021-06-24$0.01/sh−130,496$1,305→ 5,199,504 total(indirect: By LLC)→ Class A Common Stock (130,496 underlying) - Exercise/Conversion
Class A Common Stock
2021-06-24+2,340,221→ 2,950,221 total(indirect: By LLC) - Purchase
Class B Common Stock
2021-06-24$0.01/sh+130,496$1,305→ 2,670,496 total(indirect: By LLC)→ Class A Common Stock (130,496 underlying) - Exercise/Conversion
Class B Common Stock
2021-06-24−2,340,221→ 0 total(indirect: By LLC)→ Class A Common Stock (2,340,221 underlying) - Disposition to Issuer
Class B Common Stock
2021-06-24−693,058→ 4,506,446 total(indirect: By LLC)→ Class A Common Stock (693,058 underlying) - Exercise/Conversion
Class B Common Stock
2021-06-24−4,506,446→ 0 total(indirect: By LLC)→ Class A Common Stock (4,506,446 underlying) - Exercise/Conversion
Class A Common Stock
2021-06-24+4,506,446→ 4,506,446 total(indirect: By LLC) - Disposition to Issuer
Class B Common Stock
2021-06-24−330,275→ 2,340,221 total(indirect: By LLC)→ Class A Common Stock (330,275 underlying)
FinTech Masala, LLC
10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2021-06-24+4,506,446→ 4,506,446 total(indirect: By LLC) - Award
Warrants
2021-06-24+203,333→ 203,333 total(indirect: By LLC)Exercise: $11.50From: 2021-07-24Exp: 2026-06-24→ Class A Common Stock (203,333 underlying) - Disposition to Issuer
Class B Common Stock
2021-06-24−693,058→ 4,506,446 total(indirect: By LLC)→ Class A Common Stock (693,058 underlying) - Exercise/Conversion
Class B Common Stock
2021-06-24−4,506,446→ 0 total(indirect: By LLC)→ Class A Common Stock (4,506,446 underlying) - Exercise/Conversion
Class B Common Stock
2021-06-24−2,340,221→ 0 total(indirect: By LLC)→ Class A Common Stock (2,340,221 underlying) - Exercise/Conversion
Class A Common Stock
2021-06-24+2,340,221→ 2,950,221 total(indirect: By LLC) - Purchase
Class B Common Stock
2021-06-24$0.01/sh+130,496$1,305→ 2,670,496 total(indirect: By LLC)→ Class A Common Stock (130,496 underlying) - Sale
Class B Common Stock
2021-06-24$0.01/sh−130,496$1,305→ 5,199,504 total(indirect: By LLC)→ Class A Common Stock (130,496 underlying) - Disposition to Issuer
Class B Common Stock
2021-06-24−330,275→ 2,340,221 total(indirect: By LLC)→ Class A Common Stock (330,275 underlying)
FinTech Masala Holdings, LLC
10% Owner
Transactions
- Purchase
Class B Common Stock
2021-06-24$0.01/sh+130,496$1,305→ 2,670,496 total(indirect: By LLC)→ Class A Common Stock (130,496 underlying) - Exercise/Conversion
Class B Common Stock
2021-06-24−4,506,446→ 0 total(indirect: By LLC)→ Class A Common Stock (4,506,446 underlying) - Exercise/Conversion
Class A Common Stock
2021-06-24+2,340,221→ 2,950,221 total(indirect: By LLC) - Award
Warrants
2021-06-24+203,333→ 203,333 total(indirect: By LLC)Exercise: $11.50From: 2021-07-24Exp: 2026-06-24→ Class A Common Stock (203,333 underlying) - Disposition to Issuer
Class B Common Stock
2021-06-24−693,058→ 4,506,446 total(indirect: By LLC)→ Class A Common Stock (693,058 underlying) - Exercise/Conversion
Class A Common Stock
2021-06-24+4,506,446→ 4,506,446 total(indirect: By LLC) - Disposition to Issuer
Class B Common Stock
2021-06-24−330,275→ 2,340,221 total(indirect: By LLC)→ Class A Common Stock (330,275 underlying) - Exercise/Conversion
Class B Common Stock
2021-06-24−2,340,221→ 0 total(indirect: By LLC)→ Class A Common Stock (2,340,221 underlying) - Sale
Class B Common Stock
2021-06-24$0.01/sh−130,496$1,305→ 5,199,504 total(indirect: By LLC)→ Class A Common Stock (130,496 underlying)
Footnotes (6)
- [F1]Represents shares held directly by FinTech Investor Holdings IV, LLC ("Holdings") and FinTech Masala Advisors IV, LLC ("Masala"), each of which is managed by Cohen Sponsor Interests IV, LLC ("Manager"). FinTech Masala, LLC ("Masala LLC") is the sole member of Manager. FinTech Masala Holdings, LLC ("Masala Holdings") is the sole member of Masala LLC. As a result, each of Manager, Masala LLC, and Masala Holdings shares voting and investment power over the shares held directly by Holdings and Masala.
- [F2]On June 24, 2021 (the "Closing Date"), Perella Weinberg Partners (f/k/a FinTech Acquisition Corp. IV) (the "Issuer") completed the business combination (the "Business Combination") contemplated by that certain Business Combination Agreement, dated as of December 29, 2020, by and among the Issuer, Holdings, Masala, PWP Holdings LP ("PWP OpCo"), PWP GP LLC, PWP Professional Partners LP, and Perella Weinberg Partners LLC.
- [F3](Continued from Footnote 2) In connection with the Business Combination, on the Closing Date, upon consummation of the Business Combination, each of the Issuer's outstanding shares of Class B Common Stock automatically converted into one share of Class A Common Stock. However, pursuant to that certain Sponsor Share Surrender And Share Restriction Agreement, dated as of December 29, 2020, by and among the Issuer, Holdings, Masala, and PWP OpCo, as amended, concurrent with the consummation of the Business Combination, these shares of Class B Common Stock were forfeited to the Issuer immediately prior to the Business Combination.
- [F4]In connection with the Business Combination, on the Closing Date, each of the Issuer's outstanding shares of Class B Common Stock automatically converted into one share of Class A Common Stock.
- [F5]Represents shares transferred from Masala to Holdings pursuant to certain side letters by and among certain members of Holdings and Masala.
- [F6]Upon consummation of the Business Combination, the warrants to purchase shares of Class A Common Stock of the Issuer became exercisable 30 days thereafter.
Documents
Issuer
Perella Weinberg Partners
CIK 0001777835
Entity typeother
IncorporatedPA
Related Parties
1- filerCIK 0001768156
Filing Metadata
- Form type
- 4
- Filed
- Jun 27, 8:00 PM ET
- Accepted
- Jun 28, 9:47 PM ET
- Size
- 28.8 KB