4//SEC Filing
Banner SPAC Sponsor LLC 4
Accession 0001104659-21-115411
CIK 0001852332other
Filed
Sep 13, 8:00 PM ET
Accepted
Sep 14, 1:59 PM ET
Size
8.2 KB
Accession
0001104659-21-115411
Insider Transaction Report
Form 4
Ainge Tanner
DirectorChief Executive Officer10% Owner
Transactions
- Sale
Class B Common Stock
2021-09-10$0.01/sh−890,625$6,234→ 3,231,875 total(indirect: See Footnote)→ Class A Common Stock (890,625 underlying)
Footnotes (3)
- [F1]The Class B Common Stock are convertible into the Issuer's Class A Common Stock on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights and have no expiration date.
- [F2]Includes 562,500 Class B Common Stock that are subject to forfeiture if the underwriter in the Issuer's initial public offering does not exercise its over- allotment option in full.
- [F3]Banner SPAC Sponsor, LLC ("Sponsor") is the record holder of the shares reported herein. Banner Ventures Management, LLC is the managing member of the Sponsor, and Tanner Ainge is the managing member of Banner Ventures Management, LLC. Accordingly, Banner Ventures Management, LLC and Mr. Ainge may be deemed to have or share beneficial ownership of the common stock held directly by the Sponsor. Each such entity or person disclaims any such beneficial ownership of such securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
Banner Acquisition Corp.
CIK 0001852332
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001852334
Filing Metadata
- Form type
- 4
- Filed
- Sep 13, 8:00 PM ET
- Accepted
- Sep 14, 1:59 PM ET
- Size
- 8.2 KB