DiamondPeak Sponsor LLC 4
4 · DiamondPeak Holdings Corp. · Filed Mar 20, 2019
Insider Transaction Report
Form 4
DiamondPeak Sponsor LLC
10% Owner
Transactions
- Other
Class B Common Stock
2019-03-18−187,500→ 6,187,500 total→ Class A Common Stock (187,500 underlying)
Footnotes (2)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-229286) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
- [F2]As contemplated in connection with the initial public offering of the issuer, 187,500 shares of Class B common stock were returned by the reporting person to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full.