4//SEC Filing
Eisenhart Lynn 4
Accession 0001213900-21-034832
CIK 0001816090other
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 8:04 PM ET
Size
16.5 KB
Accession
0001213900-21-034832
Insider Transaction Report
Form 4
Eisenhart Lynn
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2021-06-25−20,986→ 0 total(indirect: By LLC) - Exercise/Conversion
Class A Common Stock
2021-06-25+20,986→ 20,986 total(indirect: By LLC) - Other
Class B Common Stock
2021-06-25−1,514→ 20,986 total(indirect: By LLC)→ Class A Common Stock (1,514 underlying) - Disposition to Issuer
Class B Common Stock
2021-06-25−2,500→ 22,500 total(indirect: By LLC)→ Class A Common Stock (2,500 underlying) - Exercise/Conversion
Class B Common Stock
2021-06-25−20,986→ 0 total(indirect: By LLC)→ Class A Common Stock (20,986 underlying)
Footnotes (7)
- [F1]On June 25, 2021 (the "Closing Date"), FTAC Olympus Acquisition Corp. (the "Issuer") completed its reorganization (the "Reorganization") contemplated by that certain Agreement and Plan of Reorganization, dated as of February 3, 2021, as amended on February 16, 2021 and on May 10, 2021 (as it may be further amended or modified, the "Reorganization Agreement"), by and among the Issuer, New Starship Parent Inc. ("New Payoneer"), Starship Merger Sub I Inc., a Delaware corporation and wholly owned subsidiary of New Payoneer, Starship Merger Sub II Inc., a Delaware corporation and wholly owned subsidiary of New Payoneer, and Payoneer Inc., a Delaware corporation (the "Reorganization Agreement"), the parties effected a business combination, concurrent with the consummation of the Reorganization, the shares of Class B Common Stock were converted into Class A Common Stock of the Issuer.
- [F2]The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
- [F3]These shares are held directly by one of the Issuer's sponsor FTAC Olympus Advisors, LLC ("Olympus Advisors").
- [F4]Disposed of pursuant to Reorganization Agreement in exchange for 20,986 shares of New Payoneer common stock on the Closing Date of the Reorganization.
- [F5]These securities were forfeited in connection with the Sponsor Share Surrender and Share Restriction Agreement entered into on February 3, 2021 between New Payoneer, Payoneer Inc., the Issuer, FTAC Olympus Sponsor, LLC ("Olympus Sponsor") and Olympus Advisors in connection with the Reorganization.
- [F6]The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the Issuer's charter documents and have no expiration date.
- [F7]Represents shares transferred to other members of Olympus Sponsor and Olympus Advisors pursuant to certain side letters by and among certain members of Olympus Sponsor and Olympus Advisors.
Documents
Issuer
FTAC Olympus Acquisition Corp.
CIK 0001816090
Entity typeother
Related Parties
1- filerCIK 0001822090
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 8:04 PM ET
- Size
- 16.5 KB