R. Andrew Heyer - Dec 30, 2020 Form 4 Insider Report for ARKO Corp. (ARKO)

Role
Director
Signature
/s/ Andrew R. Heyer
Stock symbol
ARKO
Transactions as of
Dec 30, 2020
Transactions value $
-$1,545
Form type
4
Date filed
1/4/2022, 03:15 PM
Next filing
Jun 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARKO Common Stock Sale -$1.55K -515K -68.56% $0.00* 236K Dec 30, 2020 See Footnotes F1, F2, F3
holding ARKO Common Stock 549K Dec 30, 2020 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 3, 2022, Haymaker Sponsor II LLC (the "Sponsor") transferred an aggregate of 515,000 shares of common stock of ARKO Corp. to certain individuals in a private transaction for a purchase price equal to $0.003 per share, which was equivalent to the Sponsor's original purchase price for such securities. The transaction was executed pursuant to an agreement entered into on December 30, 2020.
F2 Mr. Steven J. Heyer and Mr. Andrew R. Heyer are the managing members of the Sponsor and jointly have voting and dispositive power of the securities held by the Sponsor. Accordingly, Messrs. Heyer and Heyer may be deemed to have or share beneficial ownership of such securities. Messrs. Heyer and Heyer disclaim beneficial ownership of the securities held by the Sponsor, except to the extent of any pecuniary interest therein.
F3 Includes 236,149 shares of common stock of ARKO Corp. held by the Andrew R. Heyer 2019 Grantor Retained Annuity Trust (the "Retained Annuity Trust"). Andrew R. Heyer is the trustee of the Retained Annuity Trust and has voting and dispositive power of the securities held by such entity. Accordingly, Andrew R. Heyer may be deemed to have or share beneficial ownership of such securities.