Spring Valley Acquisition Corp. III (SVAC) director Felman acquired 30,000 shares
Insider transactions reported
Michelle Felman (director at Spring Valley Acquisition Corp. III, SVAC) reported that they acquired 30,000 shares, and gifted 30,000 shares on Jul 29, 2021. After these transactions the filing shows 0 shares held directly.
- Reporting person
- Felman Michelle
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jul 29, 2021 | Exercise or conversion of a derivative (M) | Class A Common Stock1, 2 | +30,000 | - | - | 30,000 direct |
| Jul 29, 2021 | Gift (G) | Class A Common Stock | -30,000 | - | - | 0 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jul 29, 2021 | Exercise or conversion of a derivative (M) | Class B Common StockOn 30,000 Class A Common Stock1, 2 | -30,000 | - | - | 0 direct |
Holdings before and after
- Class B Common Stock: 30,000 to 0 direct
Footnotes from the filing
- 1. Represents shares of Class B common stock of Starboard Value Acquisition Corp. that converted into shares of Class A Common Stock of Cyxtera Technologies, Inc. (f/k/a Starboard Value Acquisition Corp.) (the Issuer ) in connection with the business combination between the Issuer, Mundo Merger Sub 1, Inc., Mundo Merger Sub 2, LLC, Cyxtera Technologies, Inc., and Mundo Holdings, Inc.
- 2. The reported number of shares reflect the receipt of 5,000 shares of Class B common stock of Starboard Value Acquisition Corp. as part of an in-kind dividend distributed to all holders of Class B common stock in connection with the closing of Starboard Value Acquisition Corp.'s initial public offering.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Gift:
- Code G marks a bona fide gift. No money changes hands.
FAQ
What did Felman report in this SVAC Form 4?
Michelle Felman (director at Spring Valley Acquisition Corp. III, SVAC) reported that they acquired 30,000 shares, and gifted 30,000 shares on Jul 29, 2021. After these transactions the filing shows 0 shares held directly.
How many SVAC shares does Felman hold after this filing?
The filing shows 0 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Keep researching SVAC
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