4//SEC Filing
Engle Barry L II 4
Accession 0001104659-21-117049
CIK 0001821171other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 7:28 PM ET
Size
10.1 KB
Accession
0001104659-21-117049
Insider Transaction Report
Form 4
Engle Barry L II
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Class A Ordinary Shares
2021-09-14+6,796,055→ 6,796,055 total(indirect: See Footnote) - Exercise/Conversion
Class B Ordinary Shares
2021-09-14−8,625,000→ 0 total(indirect: See Footnote)→ Class A Ordinary Shares (8,625,000 underlying) - Other
Class A Ordinary Shares
2021-09-14−6,796,055→ 0 total(indirect: See Footnote)
Footnotes (4)
- [F1]The shares automatically converted into Class A ordinary shares per the terms outlined in the Business Combination Agreement (the "BAC") dated as of March 30, 2021, by and among the Issuer, Lilium GmbH, Lilium B.V. and Queen Cayman Merger LLC. The Business Combination closed on September 14, 2021.
- [F2]The total number reported in this column includes the forfeiture of 1,828,945 Class B Ordinary Shares pursuant to a Sponsor Letter Agreement.
- [F3]These shares are held by Qell Partners II LLC ("Sponsor") of which the Reporting Person is the manager. As such, the Reporting Person has voting and investment discretion and may be deemed to have beneficial ownership with respect to the Class A ordinary Shares and the Class B ordinary shares held by Sponsor. The Reporting Person disclaims beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly
- [F4]These shares were automatically converted into Class A ordinary shares of Lilium N.V.(Nasdaq symbol "LILM") in connection with the Business Combination that closed on September 14, 2021.
Documents
Issuer
Qell Acquisition Corp
CIK 0001821171
Entity typeother
Related Parties
1- filerCIK 0001652909
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 7:28 PM ET
- Size
- 10.1 KB