4//SEC Filing
Cagney Michael Scott 4
Accession 0000950103-21-002861
CIK 0001839550other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 10:34 AM ET
Size
23.4 KB
Accession
0000950103-21-002861
Insider Transaction Report
Form 4
Fintech Acquisition LLC
Director10% Owner
Transactions
- Award
Warrants
2021-02-23+5,166,667→ 5,166,667 total(indirect: See Footnotes)→ Class A Common Stock (5,166,667 underlying) - Award
Class A Common Stock
2021-02-23+15,000→ 15,000 total(indirect: See Footnote) - Award
Warrants
2021-02-23+3,750→ 3,750 total(indirect: See Footnotes)→ Class A Common Stock (3,750 underlying)
Cagney Michael Scott
Director10% Owner
Transactions
- Award
Class A Common Stock
2021-02-23+15,000→ 15,000 total(indirect: See Footnote) - Award
Warrants
2021-02-23+3,750→ 3,750 total(indirect: See Footnotes)→ Class A Common Stock (3,750 underlying) - Award
Warrants
2021-02-23+5,166,667→ 5,166,667 total(indirect: See Footnotes)→ Class A Common Stock (5,166,667 underlying)
Milani Thomas J.
Chief Financial Officer10% Owner
Transactions
- Award
Class A Common Stock
2021-02-23+15,000→ 15,000 total(indirect: See Footnote) - Award
Warrants
2021-02-23+3,750→ 3,750 total(indirect: See Footnotes)→ Class A Common Stock (3,750 underlying) - Award
Warrants
2021-02-23+5,166,667→ 5,166,667 total(indirect: See Footnotes)→ Class A Common Stock (5,166,667 underlying)
Footnotes (8)
- [F1]Reflects the purchase of 15,000 Units of the Issuer for $10.00 per Unit by Thomas J. Milani from the Issuer upon the closing of the Issuer's initial public offering ("IPO"). Each Unit consists of one share of Class A Common Stock of the Issuer (each, a "Class A Share") and one-fourth of one redeemable warrant of the Issuer (each, a "Public Warrant").
- [F2]Each whole Public Warrant is exercisable to purchase one Class A Share at an exercise price of $11.50 per share, subject to certain anti-dilution adjustments. The Public Warrants will become exercisable on the later of (i) 30 days after the completion of the Issuer's initial business combination and (ii) 12 months following the closing of the IPO. The Public Warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described under the heading "Description of Securities--Redeemable Warrants--Public Stockholders' Warrants" in the Issuer's Registration Statement on Form S-1/A (File No. 333-252686) filed with the Securities and Exchange Commission on February 11, 2021 (the "Registration Statement").
- [F3]Reflects the purchase of 5,166,667 warrants of the Issuer by Fintech Acquisition LLC (the "Sponsor") from the Issuer in a private placement that closed concurrently with the closing of the IPO for an aggregate purchase price of $7,750,000, as described in the Registration Statement (each, a "Private Placement Warrant").
- [F4]Each whole Private Placement Warrant is exercisable to purchase one Class A Share at an exercise price of $11.50 per share, subject to anti-dilution adjustments. As described in the Registration Statement, the Private Placement Warrants are generally identical to the Public Warrants, except that the Private Placement Warrants (so long as they are held by the Sponsor or its permitted transferees) (i) will not be redeemable by the Issuer, (ii) may not (including the Class A Shares issuable upon exercise of such Private Placement Warrants), subject to limited exceptions, be transferred, assigned or sold by until 30 days after the completion of the Issuer's initial business combination, (iii) may be exercised by the holders on a cashless basis and (iv) will be entitled to registration rights. The Private Placement Warrants will expire upon the 24-month anniversary of the closing of the IPO if the Issuer's initial business combination has not been completed prior to such date.
- [F5]Reflects Class A Shares and Public Warrants held by Mr. Milani.
- [F6]Reflects Private Placement Warrants held by the Sponsor.
- [F7]The Sponsor is managed by a Board of Managers, which consists of two individuals--Michael Cagney and Thomas J. Milani. Mr. Cagney is the Chairman of the Board of Directors of the Issuer and Mr. Milani is the Chief Financial Officer of the Issuer. Any actions (including voting and investment decisions) by the Sponsor with respect to the reported securities are made by Board of Managers of the Sponsor and require the unanimous approval of the members of the Board of Managers. As a result, each of Messrs. Cagney and Milani may be deemed to have beneficial ownership over the securities reported herein.
- [F8]Each of the reporting persons disclaims beneficial ownership over the securities reported herein, except to the extent of his or its pecuniary interest therein.
Issuer
Figure Acquisition Corp. I
CIK 0001839550
Entity typeother
Related Parties
1- filerCIK 0001764897
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 10:34 AM ET
- Size
- 23.4 KB