4//SEC Filing
Boyd Jamie 4
Accession 0001225208-21-012173
CIK 0001846968other
Filed
Sep 8, 8:00 PM ET
Accepted
Sep 9, 4:08 PM ET
Size
9.5 KB
Accession
0001225208-21-012173
Insider Transaction Report
Form 4
Boyd Jamie
DirectorCEO and CFO10% Owner
Transactions
- Other
Class B Common Stock
2021-08-30$0.01/sh−937,500$5,625→ 3,300,000 total(indirect: By LLC)→ Class A Common Stock (937,500 underlying) - Other
Class B Common Stock
2021-08-26$0.01/sh−75,000$450→ 4,237,500 total(indirect: By LLC)→ Class A Common Stock (75,000 underlying)
Footnotes (5)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-258515) (the "Registration Statement") under the heading "Description of Securities-Founders Shares," the shares of Class B common stock, par value $0.0001 per share, of the issuer will automatically convert into shares of Class A common stock, par value $0.0001 per share, of the issuer upon the consummation of the issuer's initial business combination on a one-for-one basis, subject to certain adjustment, and have no expiration date.
- [F2]In connection with the issuer's initial public offering and the appointment of Edgar Lee, Scott Prince and Arun Venkatadri to the issuer's board of directors, Cascadia Acquisition Sponsor LLC ("Sponsor") assigned 25,000 Class B shares to each of Edgar Lee, Scott Prince and Arun Venkatadri.
- [F3]These shares represent Class B common stock held by the Sponsor and include up to 562,500 shares of Class B common stock that are subject to forfeiture depending on the extent to which the underwriters of the issuer's initial public offering exercise their over-allotment option as described in the Registration Statement.
- [F4]As a manager of the Sponsor, the reporting person may be deemed to share beneficial ownership of the shares of Class B common stock held by the Sponsor. The reporting person disclaims any beneficial ownership of any shares held by the Sponsor except to the extent of his ultimate pecuniary interest.
- [F5]In connection with the closing of the issuer's initial public offering, Cascadia Acquisition Sponsor LLC ("Sponsor") transferred an aggregate of 937,500 Class B shares to anchor investors pursuant to investment agreements by and among the issuer, the Sponsor and each anchor investor as described in the Registration Statement under the heading "Summary - The Offering - Expression of Interest."
Documents
Issuer
Cascadia Acquisition Corp.
CIK 0001846968
Entity typeother
Related Parties
1- filerCIK 0001879739
Filing Metadata
- Form type
- 4
- Filed
- Sep 8, 8:00 PM ET
- Accepted
- Sep 9, 4:08 PM ET
- Size
- 9.5 KB