4//SEC Filing
MOGLIA JOSEPH H 4
Accession 0001104659-20-115656
CIK 0001818502other
Filed
Oct 15, 8:00 PM ET
Accepted
Oct 16, 4:32 PM ET
Size
6.5 KB
Accession
0001104659-20-115656
Insider Transaction Report
Form 4
MOGLIA JOSEPH H
Director10% Owner
Transactions
- Disposition to Issuer
Class B Common Stock
2020-10-14−525,000→ 4,693,750 total(indirect: By LLC)→ Class A Common Stock (525,000 underlying)
Footnotes (3)
- [F1]On October 14, 2020, FG New America Investors LLC (the "Sponsor") forfeited at no cost 525,000 shares of Class B common stock of the Issuer, which was exempted pursuant to Rule 16b-3(e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in connection with the election by the underwriters of the Issuer's initial public offering of units to exercise an option granted to them to cover over-allotments in part and not in full.
- [F2]The shares of Class B common stock are convertible for shares of the Issuer's Class A common stock as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-248429) (the "Registration Statement") and have no expiration date.
- [F3]Held by the Sponsor. Mr. Moglia is a manager of the Sponsor and has voting and investment discretion with respect to the shares of common stock held of record by the Sponsor. Mr. Moglia disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Documents
Issuer
FG New America Acquisition Corp.
CIK 0001818502
Entity typeother
Related Parties
1- filerCIK 0001187586
Filing Metadata
- Form type
- 4
- Filed
- Oct 15, 8:00 PM ET
- Accepted
- Oct 16, 4:32 PM ET
- Size
- 6.5 KB