4//SEC Filing
Magalhaes Helio L. 4
Accession 0000950103-22-004851
CIK 0001843091other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 5:03 PM ET
Size
6.4 KB
Accession
0000950103-22-004851
Insider Transaction Report
Form 4
Magalhaes Helio L.
Director
Transactions
- Other
Class B ordinary shares
2022-03-16+93,750→ 143,750 total→ Class A ordinary shares (93,750 underlying)
Footnotes (2)
- [F1]The Reporting Person was assigned 93,750 Class B ordinary shares of the Issuer ("Class B Shares") in connection with his new role as the Issuer's Chief Executive Officer. The Class B Shares will automatically convert into Class A ordinary shares of the Issuer ("Class A Shares") at a ratio of no less than one-to-one on the first business day following the consummation of the Issuer's initial business combination, with the actual conversion rate as described in the section entitled "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-254159) filed with the Securities and Exchange Commission on April 19, 2021. The Class B Shares have no expiration date.
- [F2]As contemplated by the securities assignment agreement between Valor Latitude LLC (the "Sponsor") and Mr. Magalhaes, dated March 2022, the Sponsor assigned 93,750 Class B ordinary shares to Mr. Magalhaes in connection with Mr. Magalhaes's appointment as the Issuer's Chief Executive Officer.
Documents
Issuer
Valor Latitude Acquisition Corp.
CIK 0001843091
Entity typeother
Related Parties
1- filerCIK 0001852990
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 5:03 PM ET
- Size
- 6.4 KB